» House Advantage In The Keno Game

In modern casinos "Keno runners" walk around calling "keno!" and offer to carry players' wagers to the keno booth for processing. The keno runner collects the wagers and the "inside tickets" of the players. A keno wager form filled out by the customer is called the "inside ticket". Then the wager and the ticket are taken to the keno counter. What he takes back is an "outside ticket". That is an official wager receipt. It is obligatory for the player to check up his ticket before the beginning of the game. You won't have such an opportunity after the balldraw begins.
After the 20 numbers are drawn, winning tickets are paid according to a table that varies from house to house. If you have, for example, a four-spot ticket, you are paid 1:1 if 2 numbers hit, 1:5 if 3 numbers hit and 1:120! if all the 4 numbers hit. But in another casino, the three-number hit might pay and all four 5, and in another the payoffs might be and 0. Because of the variation, no payback percentage is common enough to be called average. Paybacks range from below 70 percent to more than 80 percent.