Nine spot tickets are not nearly as popular as they once were, but now that the limits have been raised at many casinos, they are making a big comeback in popularity.
Nines and tens seem to be the vehicle of choice for many casinos big jackpots. Nines lost much of their popularity in the late 50s and early 60s when the special rate 8-spot came on the scene. Keno Lil played a million dollars worth of keno this week, and we’ll compare the nine spot with both our benchmark six spot and a typical eight spot.
Keep in mind that these figures are based upon 1,000 players playing $1,000 worth of keno.
As we can see, the average winner of $720 to $730 is virtually the same for all three tickets, and the differences are well within a reasonable error.
In terms of risk, which we measure by the median winning figure and the lowest winning figure, puts the nine spot midway between the six and the eight, with the eight being by far the riskiest.
On the reward side, the nine spot ranks first among these three tickets, with the biggest winner being $26,261. On the other hand, the nine spot only resulted in 113 out of our thousand players ending up winners after playing $1,000.00, compared to the eight spots 172.
One widely accepted notion that has grown prevalent among keno players in the last few years is the notion that one should never play more than eight spots, because nines and above are too hard to hit, too much of a long shot. The results of the tests above seem to let a little air out of that argument.
If you compare the nine with the very popular six spot, you will see that, first of all, you have just as much chance of ending up a winner after a thousand games by playing a nine instead of a six, and secondly, you have the potential to win a lot more money ($20,000 more!).
The only real difference between the nine and the six is the risk. The typical (median) player will end his or her 1,000-game session some $50 lighter in the pocket by playing the nines instead of sixes ($474 against $528), thus the nine spot ticket is a tad bit riskier.
For me, this risk is outweighed by the potential reward. Never forget when playing keno that the game is essentially a lottery. The object of a lottery is to make a relatively small bet in the hopes of a big winner. In this sense, the nine spot gives you a better bang for the buck than a six spot does!
Well, that’s it for this week, good luck, I’ll see you in line!