Understanding Keno Payouts in Casinos and Video Keno Machines
The prize tables in keno can look a bit complicated. Here’s our quick tips on what to look out for in keno pay schedules.
Keno is a popular casino game that offers the potential for big payouts. However, it’s essential to understand that each casino and video keno machine may have its unique payout system. In this article, we’ll discuss where to find the payout information in casinos and on video keno machines and why it’s crucial to familiarize yourself with these details.
Keno Payouts in Land-Based Casinos
- Keno Brochures: Land-based casinos typically have keno brochures available at the Keno Lounge or the casino’s information desk. These brochures provide details about the game’s rules, betting options, and payout structures.
- Payout Schedules: Some casinos post their keno payout schedules on boards or screens within the Keno Lounge. These schedules display the potential payouts based on the number of spots (numbers) chosen and the amount wagered.
Video Keno Machine Payouts
- Payout Tables: Video keno machines usually have a payout table displayed on the screen or the machine’s casing. This table shows the potential winnings based on the number of spots chosen and the amount bet. Make sure to review the table before playing to understand the machine’s payout system.
Importance of Understanding Keno Payouts
- Make informed decisions: Familiarizing yourself with the casino’s or video keno machine’s payout system helps you make informed decisions about the number of spots to play and the amount to bet.
- Compare payout systems: Different casinos and machines may have varying payout systems, so understanding these differences can help you choose where to play for the best potential returns.
- Manage your bankroll: Knowing the payout structure can help you manage your bankroll effectively and avoid overspending on bets with low odds of winning.
Keno payouts
Each casino has its own system of payouts, which you will find set out in the Keno brochures or payout schedules around the casino or, if you’re playing Video keno you’ll find a payout table on each machine. An example is shown below.
The term ‘spot’ refers to how many numbers you have marked on your ticket. The term ‘catch’ refers to how many of your chosen numbers match what the house draws.
The table shows what you will win for a 1 coin stake. You need to multiply these amounts by the amount you are wagering. So in the example below, if you make a $2 bet, pick 4 spots and catch 3 of them you will win $12 (that is, $2 x 6).
This schedule does not pay out if you don’t match any numbers. But in some cases if you mark a lot of numbers the casino pays off if you catch 0.
Note that in Keno you do not get your stake back if you win.
Another Example of a Keno Paytable
In a live casino keno game, where lots of players are gambling on the same draw, the most the house can pay out for any one draw is generally $50,000. If there are too many winners they will each get a proportionate share of this sum.
Keno payouts can vary between land-based casinos and video keno machines, so it’s essential to familiarize yourself with each venue’s or machine’s specific payout system. By understanding the payout structures, you can make informed decisions about your bets, compare payout systems, and effectively manage your bankroll. Always take the time to review keno brochures, payout schedules, or video keno machine payout tables to maximize your gaming experience and potential winnings.