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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.
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 ProbabilitiesThe 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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