Understanding Keno Payouts
To understand how to make money playing online Keno, the understanding of Keno payouts offered here is essential.
Keno Payouts – Understanding Keno Payouts
Let’s face it. People gamble because they want to make money. The excitement and the challenge of the games might be secondary draws, but the jackpots are what players are after. So for that casino stalwart lottery-style game, the Keno payouts are what make the people spot their cards.
Bigger Is Better
Players especially like big money jackpots, and some of the biggest prizes around are the top-end Keno payouts. These games are all the more attractive because of the small bets which need to be made to earn huge prizes. Unlike, say, a poker game, where a player might need to kick in a sizable stake in order to have a shot at a big pot, the risk of just $1 could earn a lucky Keno player as much as $100,000! There are not many other ways to see a ten million percent increase in one’s money.
Of course, not even most Keno games offer such enormous top prize payouts. Most games do have at least a $10,000 entry on their payout tables, though, and that’s money that only Bill Gates would sneeze at.
There is a downside with the big money. Most casinos have what’s known as an “aggregate limit,” that puts a to-end cap on how much the casino will pay out at one time. Typically, this limit will cover a period of time spanning several Keno games. A player winning “the big one” might well hit this limit. If he or she had recently won other jackpots from the same casino, it’s possible that the limit would keep the winning player from earning the entire payout.
Even if the player gets the whole enchilada, though, the aggregate limit means that the big winner should say “Adios!” to that casino, at least for a little while. Move on to greener pastures, and let the casino people catch their breaths.
Don’t Sweat the Small Stuff
Besides the large prizes, though, there are plenty of smaller Keno payouts available to entice even the conservative player. Pocketing a series of $3 or $5 payments for winning $1 games can also give one’s wallet a very satisfying sense of fullness, especially if they add up over time.
In fact, it is in the lower and middle ranges of the payout tables where most Keno games prove to be more profitable. The $10,000 prize sounds nice, but if the odds of winning it are only one in 100,000, then its average value is 10 cents. For a $1 stake, an $0.10 average return on investment is really not a very attractive proposition.
Put It On the Table
The payout tables are at the heart of the casino’s strategy for their Keno games. Although the basic Keno odds are the same everywhere, the interrelationship of different payouts for different combinations of “spots” and “hits” are what distinguish the various online casinos from each other. (Unlike brick and mortar casinos, online gaming establishments can’t offer pretty dancers or free cocktails to encourage people to play.)
Correct strategy for maximizing profit is to analyze each casino’s Keno payouts. The best play will be playing the number of spots that correspond to the row in the tables with the best aggregate of payouts multiplied by the standard Keno odds for that play.