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Keno

Last update: Mar. 16, 2009

Keno can be played either live, or on a machine. I refer to the later as “video keno.” The odds are better in video keno, but the rate of play is much slower in live keno, so you may lose less that way on an hourly basis.

The rules of keno are simple. Choose 1 to 10 numbers from the range of 1 to 80. Some casinos also offer a pick-20 option. Next, the casino or machine will draw 20 numbers from the same range of 1 to 80. If one of your picks matches one of the drawn numbers by the casino/machine, it is called a “catch.” The more catches the player has, the more he wins.

9-Spot Survey

In 2001 I did a comparitive study of pick-9 keno games in Las Vegas. The following table presents my results in order or return, from highest to lowest. Since I did this survey, keno has been on the decline, and many of these casinos took out their live keno games.

Las Vegas Live Keno Survey
Casino Return
Silverton 79.85%
Arizona Charlie's 75.13%
Frontier 74.83%
Jerry's Nugget 74.78%
Nevada Palace 74.62%
Orleans 74.39%
Gold Coast 74.39%
Sam's Town 74.28%
Las Vegas Club 72.82%
Rio 72.76%
Mirage 71.87%
Bellagio 71.87%
Eldorado (Henderson) 71.38%
Golden Nugget 71.38%
MGM Grand 71.13%
New York New York 71.13%
Primm Valley Resorts 70.86%
Hilton 70.8%
Fitzgeralds 70.8%
Western 70.8%
Sahara 70.8%
Western 70.35%
Luxor 70.23%
Circus Circus 70.23%
Main Street Station 70.12%
California 70.12%
Riviera 69.66%
Stardust 69.44%
Plaza 69.18%
San Remo 69.08%
Aladdin 68.52%
Fremont 68.52%
Four Queens 68.52%
Bally's 68.17%
Treasure Island 67.54%
Caesars Palace 67.54%
Station Casinos 66.54%
Palms 66.24%
Monte Carlo 65.26%

San Diego Video Keno Survey

Between November 30 and December 1, 2008, I sampled the pay table for 25-cent and $1 video keno pay tables at 11 casinos in San Diego County. Following are the results, sorted first from highest to lowest, and second by alphabetical order.

San Diego Video Keno Survey
25-Cents
Barona 94.90%
La Posta 94.90%
Golden Acorn 92.62%
Santa Ysabel 92.62%
Viejas 92.62%
Pechanga 92.31%
Pauma 92.31%
Sycuan 92.31%
Valley View 92.31%
Harrah's 84.17%
Pala 84.17%

San Diego Video Keno Survey
$1
Casino Return
Barona 94.90%
Viejas 94.90%
Sycuan 94.90%
Golden Acorn 92.62%
Pechanga 92.62%
Pauma 92.62%
Harrah's 88.29%
Pala 84.17%

The La Posta, Santa Ysabel, and Valley View are omitted from the $1 survey, because I couldn't find ordinary keno in that denomination.

Disclaimer: The Barona Casino hired me to perform surveys of San Diego casinos for backjack, roulette, and craps. Research on other games, including video keno, I did at my own initiative.

Other Games Surveyed in San Diego

Computation of Probabilities

The probability of matching x numbers, given that y were chosen, is the number of ways to select x out of y, multiplied by the number of ways to select 20-x out of 80-y, divided by the number of ways to select 20 out of 80.

The "number of ways to select x out of y" means the number of ways, without regard to order, you can select x items out of y to choose from. I shall represent this function as combin(y,x) which you can use in Excel.

For the general case combin(y,x) is y!/(x!×(y-x)!). For those of you unfamiliar with the factorial function n! is defined as 1×2×3×...×n. For example 5!=120. The number of possible five card poker hands would thus be combin(52,5) = 52!/(47!×5!) = 2,598,960.

The overall general formula for the probability of x matches and y marks is combin(y,x)×combin(80-y,20-x)/combin(80,20).

As an example let's find the probability of getting 4 matches given that 7 were chosen. This would be the product of combin(7,4) and combin(73,16) divided by combin(80,20). combin(7,4) = 7!/(4!×3!)= 35. combin(73,16) = 73!/(16!×57!)=5271759063474610. combin(80,20) = 3535316142212170000. The probability is thus (35×5271759063474610)/3535316142212170000 =~ 0.052190967 .

To determine the expected return of an overall number of picks take the dot product of the return and the probability for each number of winning catches. For example the pick 5 at the Atlantic City Tropica pays 1 for 3 catches, 10 for 4, and 800 for 5. Thus the return is 1×combin(5,3)×combin(75,17)/combin(80,20) + 10×combin(5,4)×combin(75,16)/combin(80,20) + 800×combin(5,5)×combin(75,15)/combin(80,20) = 0.72079818915262.

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