Keno Lil | "Catch-all" tickets are keno tickets that are designed to pay off only if you hit a solid catch on the ticket.
For example a catch-all 4-spot keno ticket pays a winner only if the player hits all four of his or her numbers. It pays nothing for a catch of two or three out of four. As a consequence of this, catch-all tickets pay quite a bit more for the solid catch, but of course your frequency of winning is reduced considerably.
These types of tickets are very good for tournament play, as all of their pays are concentrated at the top end. This makes it easier for the player to plan a tournament strategy around catch-alls.
For instance, if you calculate that you will need to make about $8,000 to win a tournament, and there is a $1.25 5-spot special which pays $1,400, then divide 8,000 by 1,400. The answer comes to a little less than 6.
Taking six times $1.25 gives you a $7.50 catch all 5-spot which will pay $8,400 when you hit solid, and gives you a good chance of winning the tournament.
The payoffs on catch-all tickets are also quite easy to compare from casino to casino. Since there is only one payoff on each ticket, comparison is a simple matter of seeing which casino pays more on its catch-alls than another.
Of course, if the tickets have different prices, you must divide the payoff by the price to obtain the payoff per dollar wagered in each case in order to compare them. This is simple, for instance, if a $2.10 3-spot catch all pays $105 for 3-of-3, then it would pay 105/2.10= $50 for a $1 wager.
Similarly, a $1.25 catch all 3-spot that pays $65 would pay 65/1.25= $52 for a $1 wager.
There is a downside, which is of course the much lower win frequency. These types of tickets are riskier to play in the sense that you are likelier to go bankrupt (spend your bankroll) before you hit solid than if you are playing a regular ticket.
In most tournament play this is not an issue, as your buy-ins are regulated. If just playing for entertainment, you might be better off (or at least have more fun) using a regular ticket.
If there’s a keno question that you would like answered, please write to me c/o GamingToday, or contact me on the web via e-mail at [email protected]. Well, that’s it for now. Good luck! I’ll see you in line!