Keno to debut in Ohio on Monday

Aug 1, 2008, 9:08 pm (14 comments)

Ohio Lottery

Critics and Keno players say it's Ohio's closest thing yet to casino gambling.

Instead of a lottery drawing daily or once a week, Keno games will be played every four minutes, from 11 a.m. until 1:44 the next morning, approximating bar and restaurant hours.

Eight hundred bars, restaurants, bowling alleys and racetracks will be equipped with computer terminals for placing bets beginning Monday. The number of locations is expected to grow to 2,000.

On a betting slip, Keno players will either choose auto pick numbers or choose their own. In each game they can pick up to 10 numbers, bet up to $20 and win up to $100,000. A bettor can let his numbers ride for up to 20 consecutive games, which would mean gambling up to $300 an hour.

The rapidity of the games and potential for winning and losing concerns Keno's critics and excites the game's players.

"They say, 'hey, this is really a gambling game, something different from what the Ohio Lottery has done up until now,'" said Dan Metelsky, Lottery Sales Director.

"They love it," said Alecia Tomasch of the Red Circle Bar and Lanes in Parma, one of the locations that will begin Keno play Monday. "It's the Vegas thing. They really want casino gambling and this is one step closer."

Lottery officials say Keno is expected to hit $292 million in sales its first year making it second only to the lottery's Pick 3, which had $364 million in sales last year.

That would generate profits of $73 million which Governor Ted Strickland has said is critically needed to help fund education in Ohio.

WKYC

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johnph77's avatarjohnph77

Payout percentages:

1 Spot - 50.00%
2 Spot - 66.14%
3 Spot - 65.21%
4 Spot - 64.94%
5 Spot - 65.00%
6 Spot - 64.79%
7 Spot - 65.30%
8 Spot - 64.75%
9 Spot - 64.81%
10 Spot - 63.67%

Total liability in the 9- and 10-Spot games is $20,000,000 per game. In the event of multiple jackpot winners this may lower payout percentage.

Stack47

Quote: Originally posted by johnph77 on Aug 2, 2008

Payout percentages:

1 Spot - 50.00%
2 Spot - 66.14%
3 Spot - 65.21%
4 Spot - 64.94%
5 Spot - 65.00%
6 Spot - 64.79%
7 Spot - 65.30%
8 Spot - 64.75%
9 Spot - 64.81%
10 Spot - 63.67%

Total liability in the 9- and 10-Spot games is $20,000,000 per game. In the event of multiple jackpot winners this may lower payout percentage.

The Orleans and Gold Coast in Vegas have better Keno payoffs* than most and Ohio's 10-spot payoff is at least comparable because the jackpot ($100,000) is the same and Ohio paying $5 for matching zero numbers and $2 compared to their $1 for matching 5 numbers. The 6 to 9 matches highly favor the casinos.

The 7-spot in Ohio pays $1 for matching 3 numbers and most casino games pay nothing and you get your $1 back for matching 4 numbers and Ohio pays $5.

Overall though the casino Keno games offer much better payoffs on the 3, 4, 5, and 6-spots the experienced players play. The Ohio payoffs are slightly better than the payoffs I saw in Michigan and WVA.

* By better payoffs, I mean matching all the numbers. The 3, 4, 5, and 6-spots pay $45, $160, $750. and $2000 in those casinos while most pay $42, $125, $500, and $1500.

ohiopick3's avatarohiopick3

Here is the payment info from the Ohio Lottery website regarding the Keno game.

Odds and Payouts graphic

Prize value based on $1 wager. For wagers over $1, multiply the prize amount by the amount wagered.

Themaximum prize payout for a single draw game for each of the 10, 9, or 8spots top prize will be $20 million. In the event of multiple winnersfor the top prize in a single drawing, in which the total payout forthat drawing would exceed $20 million, each ticket would be awarded aproportional share of the $20 million jackpot prize cap by dividingeach ticket’s winning jackpot prize total by the total of all winningprizes to determine each ticket’s proportional share of the $20million.

JAP69's avatarJAP69

Quote: Originally posted by ohiopick3 on Aug 2, 2008

Here is the payment info from the Ohio Lottery website regarding the Keno game.

Odds and Payouts graphic

Prize value based on $1 wager. For wagers over $1, multiply the prize amount by the amount wagered.

Themaximum prize payout for a single draw game for each of the 10, 9, or 8spots top prize will be $20 million. In the event of multiple winnersfor the top prize in a single drawing, in which the total payout forthat drawing would exceed $20 million, each ticket would be awarded aproportional share of the $20 million jackpot prize cap by dividingeach ticket’s winning jackpot prize total by the total of all winningprizes to determine each ticket’s proportional share of the $20million.

I think I would be playing the 5 spot game.

johnph77's avatarjohnph77

Quote: Originally posted by Stack47 on Aug 2, 2008

The Orleans and Gold Coast in Vegas have better Keno payoffs* than most and Ohio's 10-spot payoff is at least comparable because the jackpot ($100,000) is the same and Ohio paying $5 for matching zero numbers and $2 compared to their $1 for matching 5 numbers. The 6 to 9 matches highly favor the casinos.

The 7-spot in Ohio pays $1 for matching 3 numbers and most casino games pay nothing and you get your $1 back for matching 4 numbers and Ohio pays $5.

Overall though the casino Keno games offer much better payoffs on the 3, 4, 5, and 6-spots the experienced players play. The Ohio payoffs are slightly better than the payoffs I saw in Michigan and WVA.

* By better payoffs, I mean matching all the numbers. The 3, 4, 5, and 6-spots pay $45, $160, $750. and $2000 in those casinos while most pay $42, $125, $500, and $1500.

Stack47 -

Not to stray too far off-topic, but the El Cortez and Fitzgerald's consistently offer the highest overall payoff percentages across the board for live Keno in Las Vegas. Some friends of mine have had issues with Keno tournament conduct at the Fitz, though, and I avoid playing there.

***************

ohiopick3 -

That was the source for the data used in my computations. Thanks for the paste. Maybe one of these days I'll find the time to post this data on my website.

gl

j

Litebets27's avatarLitebets27
Maryland State Lottery's Keno Payout
f
How do I play Keno?
Keno is played using a field of numbers from 1 through 80. You can select - or choose Quick Pick - up to 10 numbers in that field. The Lottery's computer randomly chooses 20 winning numbers between 1 and 80 for each game of Keno and displays those winning numbers on the Keno Information Monitor. You win based upon how many winning numbers you match.
 
The Lottery's computer, protected 24 hours a day by security cameras, generates random sets of 20 numbers. The central computer "locks in" on a set of those numbers, which then appears on the Keno TV monitor.
 
 
What makes Keno so much fun
 Keno is fun because it's easy to play, and it's really your game. You decide how many numbers you want to play, and the amount of your wager! You can win in a variety of ways - by matching some, all or - in some cases - none of the numbers you have chosen.* And Keno gives you the chance to win up to $100,000 per drawing. Best of all, Keno is played at your convenience - there's a drawing every four minutes - so there is always a new game coming up!
Where do I play Keno?

 
Keno payout chart

10 Spot Game

6 Spot Game

Match

Prize

Match

Prize

10

$100,000*

6

$1,000

9

4,000

5

50

8

400

4

5

7

50

3

1

6

10

Odds of winning a prize in this game - 1:6.19

5

2

5 Spot Game

0

4

Match

Prize

Odds of winning a prize in this game - 1:9.05

5

$300

9 Spot Game

4

15

Match

Prize

3

2

9

$25,000

Odds of winning a prize in this game - 1:10.34

8

2,500

4 Spot Game

7

100

Match

Prize

6

20

4

$50

5

5

3

5

0

2

2

1

Odds of winning a prize in this game - 1:9.75

Odds of winning a prize in this game - 1:3.86

8 Spot Game

3 Spot Game

Match

Prize

Match

Prize

8

$10,000

3

$25

7

500

2

2

6

50

Odds of winning a prize in this game - 1:6.55

5

10

2 Spot Game

4

2

Match

Prize

Odds of winning a prize in this game - 1:9.77

2

$10

7 Spot Game

Odds of winning a prize in this game - 1:16.63

Match

Prize

1 Spot Game

7

$2,500

Match

Prize

6

100

1

$2

5

15

Odds of winning a prize in this game - 1:4.0

4

3

   

3

1

   

Odds of winning a prize in this game - 1:4.23

   

*$100,000 is the maximum prize per game on any one Keno ticket.
Multiply $1 prize payout times dollars played to determine payouts for other dollar amounts played.

Compulsive gambling is a treatable illness. For more information on compulsive gambling,
call the
National Council on Problem Gambling at 1-800-522-4700.

Keno Bonus
  NOW WIN UP TO $1,000,000 PLAYING KENO!

Play the Maryland Lottery's Keno Bonus every time you play Keno.  You could increase your Keno winnings by up to 10 times the original amount.  You could even win up to $1,000,000!

Simply mark the "YES" box on your Keno playslip where it says Keno Bonus.  Then sit back and watch the action to see if your winnings multiply.  Determining your Keno Bonus wager is easy.  It's simply the very same amount that you wagered on Keno.  If you wager $2 on Keno, for instance, then your Keno Bonus wager is an additional $2.

Keno Bonus draws first, with a wheel that spins and stops to reveal which multiplier, if any, applies to the next Keno game.  Possible multipliers are 3, 4, 5, and 10. 

The Keno game draws.  If your ticket is a winner for that Keno game, multiply the amount you won by the Keno Bonus multiplier.  The answer is how much money you'll actually collect.   For example, if you win $10 at Keno, and the multiplier for that game is 3, then you collect $30.  If the multiplier is 4, you collect $40, and so on.  Thanks to Keno / Keno Bonus, you can now win up to $1,000,000 playing Keno!

Play the new Keno Bonus and watch the Bonus Wheel multiply your winnings by up to 10 times the original amount!

Estimated probability of receiving a Keno Bonus Multiplier

Keno Bonus Multiplier Value

Probability

3

1:3

4

1:15

5

1:40

10

1:240

Overall Probability of Winning any Multiplier

1:2.3

Maximum Prize Cap Notice
Effective June 2, 2003, there is a one million dollar liability cap when playing the Keno10 spot, when a Keno Bonus multipli
 
MillionsWanted's avatarMillionsWanted

I love playing Keno every day, but I am skeptical of a Keno lottery with so many
draws each day and with such a good availability.

It's highly addictive and some people will empty their pockets much faster than
with a ordinary lottery.

johnph77's avatarjohnph77

Litebets27 -

http://www.johnph77.com/math/kenopct.html#md

Non-commercial, nothing to sell, no ads, for informational purposes only. Data hasn't changed since posted. I've never done anything with the bonus portion, though, and it's good to have the actual multiplier odds on hand - thanks. One of these days.....

Litebets27's avatarLitebets27

Quote: Originally posted by johnph77 on Aug 3, 2008

Litebets27 -

http://www.johnph77.com/math/kenopct.html#md

Non-commercial, nothing to sell, no ads, for informational purposes only. Data hasn't changed since posted. I've never done anything with the bonus portion, though, and it's good to have the actual multiplier odds on hand - thanks. One of these days.....

WOW! Very interesting.

I appreciate the information. Thanks.

(I kinda got lazy and copied too much info from the official site)

litebets

ThatScaryChick's avatarThatScaryChick

Quote: Originally posted by MillionsWanted on Aug 3, 2008

I love playing Keno every day, but I am skeptical of a Keno lottery with so many
draws each day and with such a good availability.

It's highly addictive and some people will empty their pockets much faster than
with a ordinary lottery.

I would love for Idaho to get a Keno game.

MillionsWanted's avatarMillionsWanted

Quote: Originally posted by ThatScaryChick on Aug 4, 2008

I would love for Idaho to get a Keno game.

Hope you get it. Smile

We got one Keno draw every day here in Norway and that's enough.

Stack47

Quote: Originally posted by MillionsWanted on Aug 3, 2008

I love playing Keno every day, but I am skeptical of a Keno lottery with so many
draws each day and with such a good availability.

It's highly addictive and some people will empty their pockets much faster than
with a ordinary lottery.

I would probably compare the new Keno game in Ohio to the off track betting the race tracks had for years. We don't have to bet on each race at all the other tracks; it's an option just like a Pick-3 player has the option to play Rolling Cash 5 or Mega Millions.

Bars, taverns and other settings where people can sit down relax, eat, or drink will benefit the most. People can play Keno while eating their meal and depending on the popularity, some businesses may expand with Keno parlors. One of the reasons for offering Keno is the state wide smoking ban that has hurt some of these businesses and adding Keno to their menu could help them stay in business.

The state already has over 8000 retailers selling scratch-off and probably has created problem gamblers, but that can be said when any type of gambling is offered. Being a Keno player, I agree it can become addicting and having 15 drawings an hour, 14 hours a day, 7 days a week makes it tempting. With that type of a schedule I doubt anybody will be compelled to play every game and most players will use common sense.

It's not the same as in a Vegas casino where people put $20 into a slot machine waiting for the results on $2 Keno bet.

Litebets27's avatarLitebets27

Has anyone had a chance to play yet?

litebets

Stack47

Quote: Originally posted by Litebets27 on Aug 6, 2008

Has anyone had a chance to play yet?

litebets

The terminals are mostly located in bars, taverns, restaurants, and bowling lanes in the cities with larger populations. I'm about 25 miles from the nearest and haven't played, but I will and let you know. The Ohio Lottery web site has a list of the Keno retailers and shows the results of each drawing. Players can cash their winning tickets at any of the regular lottery terminals too.

I noticed that some of the service clubs that require membership have Keno terminals. I'm sure someone will question how a public state lottery game could be in private club especially if it's the only one in a smaller populated area.

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