vpFREE2 Forums

XVP: Positive Keno Games .... It Can Happen!

Some casinos offer "match play" or similar coupons when you sign up for
a players card, or senior days, or whatever. At the Northern Quest
casino (near Spokane Washington), each Tuesday is seniors day, and
everyone gets a Keno match play coupon. It's only good for one $2 bet,
or two $1 bets, but the payoff is twice the normal amount. Curious, I
ran the numbers through a Keno calculator with the EV results below:

06 spots: 137.5% (Variance = 1260.8)
07 spots: 129.69% (Variance = 2992.6)
08 spots: 135.67% (Variance = 7155.6)
09 spots: 136.05% (Variance = 4356.7)
10 spots: 136.83% (Variance = 3132.0)

These EV percentages are exactly twice the amount based on a normal
bet, as expected. But that's a high variance, so it's still a long
shot for each bet. Interestingly, for the 10 spot, only .6% of the EV
is attributed to getting 10 out of 10. The overall return is 125.23%
for 5-8 spots hit for a 10 spot bet.

I remember once I got a coupon from the kiosk at the Peppermill in Reno
for a 100-coin bonus on any 6 of 6 video keno, max denom: $1. It paid
like $800+$100 for a $2 bet when it hit, but with the coupon this was a
110% play. After all the years of video poker play, it was kind of
nice to veg out and just hit "max bet" until the sucker hit! Needless
to say, the Peep quickly caught their mistake and corrected the kiosk
coupon to say "10 coin bonus" instead.

ยทยทยท

--

Peppermillionaire
peppermillionaire@earthlink.net
Visit Wiseguys.com for a free $5,000
football betting contest, an inexpensive
line service, and more! www.wiseguys.com