Laughlin keno survey

Quote: DJTeddyBear

Really? KENO?

I was watching some gambling writer on you-tube go down a list of worst games in the casino, but Keno was further down on the list than you might think. His reasoning was that the amount of money by EV you lose per hour is much lower than some other games, since it proceeds slowly.

I'm not quite sure what to make of that.

Quote: konceptum

I had honestly thought that Keno had gone away.

The tribal casinos I frequent in the Pacific NW all have Keno.

I guess it's The Game That Wouldn't Die.

Yes, live keno does have a high house edge at about 30%. However, the speed is slow and average bets small. On a square foot basis it is probably among the least profitable areas in the casino, at least in Vegas.

Your odds of finding keno in Vegas are better in the locals casinos. For example, I know the Red Rock and Orleans have keno. If you want it on the Strip, when last I checked, Harrah's and the Treasure Island have small keno areas.

Quote: odiousgambit

I was watching some gambling writer on you-tube go down a list of worst games in the casino, but Keno was further down on the list than you might think. His reasoning was that the amount of money by EV you lose per hour is much lower than some other games, since it proceeds slowly.

If the goal is to lose as little as possible per hour, then indeed keno at $1 a game is not expensive. However, that isn't going to satisfy most gamblers. I don't like pitting different games against each other, but when forced I mostly ignore rate of play.

Quote: odiousgambit

I was watching some gambling writer on you-tube go down a list of worst games in the casino, but Keno was further down on the list than you might think. His reasoning was that the amount of money by EV you lose per hour is much lower than some other games, since it proceeds slowly.

I'm not quite sure what to make of that.

The old keno lounges were a great place to slow down the rate you were burning through money too fast on an unlucky night. You would never win anything but for $10 you could have a nice comfy chair and free drinks for an hour or two while getting ready to resume the main battle.