Video Keno Scouting Guide

Quote: bobbartop

Believe it or not but I was just working on it and trying some numbers at the Wizard Calc link. My work was not going to end up looking as fancy as yours, but I didn't just fall off the turnip boat either. Uh, turnip truck, whatever. But in another half hour I was probably going to figure out the same result., i.e., it sucks. Why do they do that? Start it at 92% and put a percent meter on it. Cheap bastards. That's what I would do at Bob Bartop's Grill & Bartops.

Thank you for working that out. I'd like to know the exact paytable. Interesting subject. Thanks so much. Seriously.

It's all good, you're welcome! Maybe Axel will enlighten us with the exact paytable next time he is there. The one thing I did notice about my theoretical paytable is that the return broke down as follows:

3/6: Pays 2 Return: 25.964%

4/6: Pays 4: Return: 11.415%

5/6 Pays 58: Return: 17.955%

6/6 Pays 1600: Return: 20.638%

In other words, it's not inconceivable that was the exact paytable!

WHY THEY DO THAT

There are a few reasons:

1.) The minimum jurisdictional return in Nevada is 75%, so they can. Ironically, in most other gambling states with commercial casinos, that machine would be illegal.

2.) People honestly pay so little attention that it likely gets some action.

3.) If this is one of those games upon which you can bet anywhere from $0.25-$2.00, or $2.50, whatever...the Progressive can theoretically get to a positive point anyway if almost nobody bets enough that they should hit 6/6 with the necessary bet. It would take a really friggin' long time, but it's possible. Anything is possible...but it would be a ton of play hours.

4.) The percentage that feeds the Progressive might even go in if you're playing other numbers of Picks. I haven't seen that, per se, but I've seen machines upon which 7/7, 8/8, 8/9 and 9/10 (or maybe it's 9/9) all share the same Progressive, so it's just whichever you want to play.

5.) Because they are bad people.

92% w/1% Meter

We'll go with this, 2-5-100-1600 = 0.918268440420339

Okay, so we want a 1% meter:

(1-0.918268440420339) = (x * 1/7752.84)

x = 633.651704

2-5-100-2233.66

Okay, so you need it to miss 63366 times.

63366/7752.84 = 8.17326295912 Cycles

(7751.81/7752.84) = (0.999871015)^63366 = 0.00028194721 or 1/0.00028194721 = 1 in 3546.76323983

Honestly, if lower bets didn't contribute, then it would almost never happen. This 1 in 3546.76323983 basically represents the probability, from base, of it going enough plays missing to go positive. The binomial distribution (Poisson) agrees.

But, if it's one upon which as low as $0.25 can be bet and 1% contributes, but a bet of $2.00 is necessary for the Progressive, you probably would see it go positive from time-to-time.

Quote: Mission146

92% w/1% Meter

We'll go with this, 2-5-100-1600 = 0.918268440420339

Okay, so we want a 1% meter:

(1-0.918268440420339) = (x * 1/7752.84)

x = 633.651704

2-5-100-2233.66

Okay, so you need it to miss 63366 times.

63366/7752.84 = 8.17326295912 Cycles

(7751.81/7752.84) = (0.999871015)^63366 = 0.00028194721 or 1/0.00028194721 = 1 in 3546.76323983

Honestly, if lower bets didn't contribute, then it would almost never happen. This 1 in 3546.76323983 basically represents the probability, from base, of it going enough plays missing to go positive. The binomial distribution (Poisson) agrees.

But, if it's one upon which as low as $0.25 can be bet and 1% contributes, but a bet of $2.00 is necessary for the Progressive, you probably would see it go positive from time-to-time.

I was picturing in my mind the common 3-4-70-1600, dollar bet qualifies, and all money contributes.

I don't even know what can be done with a keno game. Can the operator of, say a standard IGT setup, make it do pretty much whatever he wants?

Quote: Wizard

I know this board doesn't have a lot of video keno players,...

Should it have?????

I've always thought Big Room Keno was an anachronism sometimes kept around for licensing reasons, that no one ever won,
Whereas keno in slot machines had better odds but still nobody ever won 'cause 12 percent house edge is too high.

Only person I knew who actually played Cleopatra Keno was a heroin addict who went to casinos to get comped meals on her mailers from various local casinos.

Video keno is about to overtake video poker as the most popular game in taverns in Las Vegas. The tavern owners both love it and hate it. On average the video keno is holding around 9% compared to about 4.5% for video poker which the owners love, but they hate the volatility. I couldn't count how many times I hear the taverns owners crying over having multiple keno jackpots hitting in a week. Of course, they completely forget about the weeks when there are none and all they do is rake in the money.

Quote: Wizard

It is in the "let's do it" stage with Huntington Press, a stage that can last for months or years. A problem is there isn't enough material to make a book and too much for a strategy card.

So write a booklet, get into great detail, sell it for 9.99 stand-alone or $5 add-on with any other purchase. Instant bestseller. :)

Wiz, one more...can you add the return and # of picks for Triple Diamond PT3?

Quote: Johnzimbo

Wiz, one more...can you add the return and # of picks for Triple Diamond PT3?

I only know the pay table for the pick 10. I wish somebody would send a picture of the full pay table.