vpFREE2 Forums

VP versus Keno

#1

Gaming Today has a Keno columnist, L.J. Zahm. In his April 10 column
he compares the odds and payoffs of Keno to VP. He says "while video
poker is touted as a much more mathematically prudent game to play,
it's payoffs can be suspect." His point is that the payoffs of various
Keno jackpots may be similar to those in VP, but the odds much better.
For example, a Keno 5-spot pays 810 to 1 with 1550 to 1 odds, versus a
RF which pays 800 to 1 with 40,000 to 1 odds. You are 25.8 times more
likely to get a 5-spot than a RF, yet the jackpots are nearly the
same.

He never mentions why VP math is better than Keno math, in fact, he
leaves the impression the VP math is suspect.

#2

Gaming Today has a Keno columnist, L.J. Zahm. In his April 10 column
he compares the odds and payoffs of Keno to VP. He says "while video
poker is touted as a much more mathematically prudent game to play,
it's payoffs can be suspect." His point is that the payoffs of

various

Keno jackpots may be similar to those in VP, but the odds much

better.

For example, a Keno 5-spot pays 810 to 1 with 1550 to 1 odds, versus

a

RF which pays 800 to 1 with 40,000 to 1 odds. You are 25.8 times

more

likely to get a 5-spot than a RF, yet the jackpots are nearly the
same.

He never mentions why VP math is better than Keno math, in fact, he
leaves the impression the VP math is suspect.

It is amazing the garbage that is published by that rag. Anyone who
would mention mathematics and then refer to just one payout from a game
loses all credibility immediately.

···

--- In vpFREE@yahoogroups.com, "brumar_lv" <brumar_lv@...> wrote:

#3

The amazing thing is that so many people are clueless enough that GT
can publish fiction like this and the readership laps it up like pigs
at the slop trough.

I bet you'll hear that article quoted around the Keno parlor tonight --
or is it a Keno bar? Keno lounge? Yeah, that's it "Lounge" right?
Oh who cares. Somebody has to pay for our comps! :slight_smile:

Mac
www.CasioCamper.com

It is amazing the garbage that is published by that rag. Anyone who
would mention mathematics and then refer to just one payout from a

game

···

loses all credibility immediately.

#4

--- In vpFREE@yahoogroups.com, "Mac McClellan" <mac_mcclellan@...>
wrote:

The amazing thing is that so many people are clueless enough that GT
can publish fiction like this and the readership laps it up like pigs
at the slop trough.

A PREVIOUS POSTER HAD WRTTEN:

> It is amazing the garbage that is published by that rag. Anyone who
> would mention mathematics and then refer to just one payout from a
game loses all credibility immediately.

MY REPLY: In "Theory of Blackjack" by the late Peter Griffin, there's
a section titled "The World's Worst Blackjack Player" in which Griffin
undertakes to calculate the house edge surrendered by a BJ player who
does everything wrong (EXCEPT continuing to hit until he busts every
hand). Thus, he calculates the "what if" of splitting every pair,
doubling every non-pair hand, hitting vs. dealer stiff cards, standing
vs. dealer Tens, etc, etc. --- I don't have the book handy at the
moment, but Griffin's punch line is approximately: "Thus we can see
that the world's worst Blackjack player is more than twice as good as
the world's best Keno player."

BTW: "Theory of BJ" is a great book that should be read by anyone with
a serious interest in any form of gambling. Griffin was a math
professor, but he also could write clear and funny prose. Each chapter
has two sections, one for the average person, and the other for serious
math people.

The GMan

#5

So the video Keno has a house win of 8% or better and the house
hates that game too. I can understand the Keno pit being somewhat of
an expense. But, with the advent of being able to play 100s of
games in a row, what could be their problem?

What purpose does Keno serve the customer?

1. Customer can play one quarter at a time.
2. Playing 400 games an hour; cost $8 an hour.
3. Sit with a friend and socialize while playing game. ( I have
watched persons study the game; I guess thinking they can spot a
pattern.)
4. For 40 or 50 bucks a player might walk off with a $1000. Musch
better than all of our state lotteries. From a bankroll standpoint,
probably less ups and downs than $1 vp. More like a steady slow down.
5. Can sit in the keno pit and literally spend no money and get
drinks fed to you for the price of a fair tip. Could get one or two
drinks for no tip.
6. The above is just good common sense reasons to play Keno.
However most people don't know the secret of Keno. THE NUMBER ONE
REASON TO PLAY KENO.... If you buy the right horoscope book and
check your lucky numbers, your can get a 3% edge on the house.

I shouldn't be spreading my secret around. The next thing; the
casinos will find out and all the Keno will be downgraded.

Cheers...Jeep

--- In vpFREE@yahoogroups.com, "Mac McClellan" <mac_mcclellan@...>
wrote:

The amazing thing is that so many people are clueless enough that

GT

can publish fiction like this and the readership laps it up like

pigs

at the slop trough.

I bet you'll hear that article quoted around the Keno parlor

tonight --

or is it a Keno bar? Keno lounge? Yeah, that's it "Lounge"

right?

Oh who cares. Somebody has to pay for our comps! :slight_smile:

Mac
www.CasioCamper.com

> It is amazing the garbage that is published by that rag. Anyone

who

> would mention mathematics and then refer to just one payout from

a

···

game
> loses all credibility immediately.
>

#6

What purpose does Keno serve the customer?

4. From a bankroll standpoint, probably less ups and downs than $1

vp. More like a steady slow down.

In general, I think Keno has greater ups and downs than VP ... that is,
a higher variance. Unless you are referring to paper Keno where your
money disappears slowly simply because the game is so slow. But even
this depends on how one plays ... "way" tickets let you play at the
same rate (or even higher) than VP.

···

--- In vpFREE@yahoogroups.com, "whitejeeps" <whitejeeps@...> wrote: