Calculate Your Odds

Keno is the best luck game to play as you can sit and figure out the number of picks and call the shot. Although it is not a major game in the casino, it does give a great chance to win. If you enjoy playing the lottery, then you will enjoy playing keno. Not only keno offers better odds and jackpots, but the game also lets you calculate your odds with an online calculator that will ease your effort.

Plus, keno is a fun game. You don’t have to be stressed when you can control your money and your pick. What more can you ask of a betting game?

Formula to Play Keno

Formula to Play Keno

If you are in Canada and playing Ontario daily keno by OLG, then you must be familiar with the frequent winning numbers or the past winning numbers that the site always displays. They don’t just get there by chance but they do have a probability.

Keno is a game of chance or luck where you can change the odds if you are a pro player. If you are average, nothing that you will not give guarantees of winning at keno. What you can do is to play in a way that will maintain low losses and gains at a high level.

You can try the following formula when you play on keno (it will increase your chances to obtain better wins): Choose N numbers (e.g. N = 6). Combine many k (e.g. n = 3). Your C (N, k) = N numbers taken of many combinations of k (e.g. C (6.3) = 6.

Keno Odds Chart

Keno Odds Chart

A keno odds chart will reveal info about all potential outcomes, related to the number of positions (numbers) you’ve played. Here it is a sequential scheme of odds on winning numbers: 1 number = 3.30, 2 numbers = 12, 3 numbers = 42, 4 numbers = 155, 5 numbers = 710; 6 numbers = 3050; 7 numbers = 11100 or 8 numbers = 46000.

Keno actual odds are near 85%-90%, as this game is a random game of luck. Using the formula written above, you will be able to increase your odds. Keep in mind that you will have so many chances to hit “20 out of 20 numbers”, so make your strategy basing on winning money and have fun when playing keno, not winning the big number.

Use Online Keno Calculators

Use Online Keno Calculators

For newbie’s, it is important to calculate your keno odds online to see which works and which doesn’t. For more detailed information for various odds possibilities, you should check online keno calculators. There are various free and paid calculators for keno that you can find online.

What does the calculator do?

Everyone needs to know the chance of winning a game especially when the game requires you to pay some money to play. But because of its simple rules of numbers to play; numbers to bet; and how much to bet– keno is one of the favorite lottery tools to win some easy money.

Upon playing keno, it is possible to bet a dollar and walk out with hundreds more. And because the result is ubiquitous, the numbers are random and one of 80 numbers might be picked at any time.

The smart device, just like a conventional calculator does, will spit out the percentage of payback and what odds to expect on your daily keno bet. The calculator can determine the likely payout you will get in return for your pick.

How to calculate your odds on Keno

What does the calculator do?

To calculate the odds of keno, a player must know a bit of math and understand the probabilities, rules of the game and a chance to win. The odds are the chances of correctly picking the right numbers, which are not the same as the payoffs as in online casinos. You will find the payoffs will be less than the actual chance of winning. That’s the edge the house always holds over the player. If you are playing a “live” game or a game machine, it works the same.

So among the 80 numbers, 20 is selected. You will choose between 1 and 15 numbers before calculation is over. Depending on how many numbers you choose and how many you correctly pick out of the ones selected will determine if you get paid and how much.

Formula to calculate the odds of correctly picking numbers

If you mark N spots, the probability of hitting exactly K of them is given by the formula: p(N,K) = ——- C(80,20). If you pick one number out of 80. There will be 20 numbers drawn. So, 20 out of 80 is 25 percent. You have a 25 percent chance that your number will be picked.

When you start figuring combinations of numbers to select, the number of combinations from 80 numbers is so large most calculators cannot figure them. Some calculators and spreadsheets have a function for calculating these types of numbers. Both Lotus 1-2-3 and Excel name this function COMBIN(n,r). The “n” stands for the total numbers possible and the “r” is the number that you select from the total numbers. The function figures out the total number of combinations possible.

When figuring two numbers, the player must draw 2 out of the 20 drawn numbers to win. You figure out the total combinations—combin(80,2) = 3160—and then figure out how many winning combinations there are—combin(20,2) = 190. You then divide the numbers, 190/3160. The probability of winning is 6.01 percent. As you go up with the number of combinations, you increase the numbers to find out your odds.

The formula of keno odds

As mentioned above, keno has a complex mathematical formula that only the experts would understand. If you wish to figure it out on your own, the best thing to do is to be meticulous, diligent and careful with the numbers you calculate.

You can always calculate manually with several formulas that might be very complex to use and takes time. The proper Math formula for the game is called hypergeometric distribution, which you can calculate manually. It will only give you a hard time. That’s why many online keno calculators help you with the counting and some are valid.

Thus, if you are a newbie and want to get a quick clue on your odds of winning keno, you should use keno calculators. With the device, you can easily figure out the odds of winning and it is easy to find online.

These few online calculators can help shortcut figuring out the odds. An odd keno calculator is a gambling tool used for identifying a person’s odds of winning keno. The use of the calculator is just like a conventional calculator. Input how many picks you play; enter the data on the paytable, and calculate them. This online calculator will determine the return of any given keno paytable. There are various keno odds calculators you can find online.

Where should you apply the online keno calculator?

You can apply at almost any keno game online. The calculator, whichever it is, can calculate the odds of winning for you in a very quick time as soon as you press the ‘calculate’ button. Hundreds of people play daily keno every day. It is proof that the game is popular round the world. You might want to practice your keno instinct in one of the best daily keno online and practice the use of keno calculator to find the odds percentage.

One of the best daily keno

One of the best daily keno

Ontario Lottery and Gaming Corporation in Canada is one of the operational agencies in the lottery is the Canadian based company. Ontario daily keno by OLG lets you enjoy playing online with some dollars to bet. The winning amount is greater than blackjack. You can simply match the numbers and walk out with hundreds or more.

Ontario daily keno by OLG lets you control what you want to play, thus you don’t need to be afraid that you will lose your grip and throw all the money left in your pocket. Each category will have 1 winner. Thus, if you decide to give 2 picks, you will compete with those with the same amount of pick. The best thing about daily keno by OLG is the unclaimed prizes are used for the benefit of the people in Ontario.

Playing Keno at online casinos

Playing Keno at online casinos

In land casinos, keno odds are varying all the time: either go low or rise. That’s why players choose to play keno online, where odds are bigger, up to 95-98%. It is very important to know the rules of the game. Some casinos will allow you to collect the money earned for five minutes after you’ve won. If you’re in the casino, you should take the money as soon as you win the game of keno. Even if only a few dollars, it is important to collect before time runs out. Otherwise, the casino may not honor your winnings. Losing a few dollars will not seem a big deal if you win a lot, but most are small gains keno winnings.

Playing keno online is going to come down to the odds that you have to win. Better not to place bets on more than 8 numbers, as the odds of winning when you are betting on more than 8 numbers are going to drop.

Keno games have the biggest house edge

Experts believe that the keno games have one of the biggest house edges compared to all the other games that are available online. To catch one number, the real odds are 25 percent or 4 to 1. For the odds to be perfect, the house should pay $4 for every $1 bet. But in reality, the house pays $3 for $1 bet. That 25 percent difference is the “edge” the house possesses. Once you figure out the odds of actually winning keno and the payoffs the casino gives, you will realize that the house does not pay what the actual odds are.

Playing online keno has better odds

Taking into consideration the odds from above, you should play better keno in the online casinos, where odds are near 98%. If you do not want to lose money playing keno, then you should be careful how much money you stake at the casino. When you have finished playing with that money, you should stop playing. If you want to play less, CA$25- CA$50 is a good amount. To play more then, CA$100- CA$200 is enough to play. If you want to win money, then do not play with winning money. Many people play with what they earned. If you keep playing with your winnings, then you will most likely end up going broke when you’ve finished all the money. Always thus stick to what is called your bankroll or budget.

Use the right Strategy

Keeping in mind the rules of games, use a correct strategy and never forget that you have to look for fun when playing keno. Aim to hit as many possible numbers on your tickets, aim for the jackpot and dream of 20 out of 20 numbers. Meanwhile, keep focused on the 98% odds offered by online casinos for a keno game.

Thus in many of the cases when you play the game you should play for fun and not for expecting wins in every keno gameplay. This game of chance will strike you win big if you are lucky for it.

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