Station Casino Keno

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.

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.

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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

This is the payout schedule for online casinos running on Microgaming software. If you like the look of it, here’s where to find Microgaming casinos.

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.

Introduction

Keno Exacta is a keno game I noticed at the Orleans on April 20, 2012. It pays if two consecutive keno games have the same number of catches, and are withing a specified range of catches. For example, if the player purchased two consecutive eight-spot games, and caught five numbers on both of them, then the 25¢ Exacta bet would be $490.

Rules

To bet the Exacta the player must first bet two games for $1 each. These two games will pay according to the standard Orleans pay table.
At the time of purchase, the player may bet an extra 25¢ to qualify for extra wins for an Exacta.
If both games have the same number of catches, above a certain number, then the Exacta bet will win.

The following is the base game pay table.

Base Pay Table

Catch	Pick 1	Pick 2	Pick 3	Pick 4	Pick 5	Pick 6	Pick 7	Pick 8	Pick 9	Pick 10
0	0	0	0	0	0	0	0	0	0	0
1	3	0	0	0	0	0	0	0	0	0
2	12	1	1	0	0	0	0	0	0
3	45	2	1	1	0	0	0	0
4	160	15	4	1	0	0	0
5	750	80	15	5	6	1
6	2000	400	75	30	25
7	10000	1500	300	125
8	50000	5000	1000
9	50000	10000
10	100000

The following is the Exacta pay table.

Exacta Pay Table

Catch	Pick 1	Pick 2	Pick 3	Pick 4	Pick 5	Pick 6	Pick 7	Pick 8	Pick 9	Pick 10
0	0	0	0	0	0	0	0	0	0	0
1	4	0	0	0	0	0	0	0	0	0
2	66	3	1	0	0	0	0	0	0
3	910	56	8	3	2	0	0	0
4	9680	1170	117	18	5	3	2
5	48500	9840	1470	490	113	25
6	246000	49200	7350	1940	500
7	480000	97000	49400	25000
8	900000	490000	250000
9	900000	1000000
10	1000000

Base Game Odds

The following are the probabilities of winning for the base game.

Base Pay ProbabilitiesExpand

match	Pick 1	Pick 2	Pick 3	Pick 4	Pick 5	Pick 6	Pick 7	Pick 8	Pick 9	Pick 10
0	0.750000000	0.560126582	0.416504382	0.308321425	0.227184208	0.166601753	0.121574252	0.088266238	0.063747838	0.045790701
1	0.250000000	0.379746835	0.430866602	0.432731825	0.405686086	0.363494733	0.315192505	0.266464114	0.220665594	0.179571376
2	0.000000000	0.060126582	0.138753651	0.212635466	0.270457391	0.308321425	0.326654051	0.328145622	0.316426135	0.295256781
3	0.000000000	0.000000000	0.013875365	0.043247891	0.083935052	0.129819548	0.174993241	0.214786225	0.246109216	0.267402368
4	0.000000000	0.000000000	0.000000000	0.003063392	0.012092338	0.028537918	0.052190967	0.081503701	0.114105182	0.147318897
5	0.000000000	0.000000000	0.000000000	0.000000000	0.000644925	0.003095639	0.008638505	0.018302586	0.032601481	0.051427688
6	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000128985	0.000732077	0.002366714	0.005719558	0.011479395
7	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000024403	0.000160455	0.000591678	0.001611143
8	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000004346	0.000032592	0.000135419
9	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000724	0.000006121
10	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000000	0.000000112
Total	1.000000000	1.000000000	1.000000000	1.000000000	1.000000000	1.000000000	1.000000000	1.000000000	1.000000000	1.000000000

The next table shows the return for each win. The bottom row shows the total return by number of picks.

Base Pay ReturnsExpand

match	Pick 1	Pick 2	Pick 3	Pick 4	Pick 5	Pick 6	Pick 7	Pick 8	Pick 9	Pick 10
0	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
1	0.750000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
2	0.000000	0.721519	0.138754	0.212635	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
3	0.000000	0.000000	0.624391	0.086496	0.083935	0.129820	0.000000	0.000000	0.000000	0.000000
4	0.000000	0.000000	0.000000	0.490143	0.181385	0.114152	0.052191	0.000000	0.000000	0.000000
5	0.000000	0.000000	0.000000	0.000000	0.483694	0.247651	0.129578	0.091513	0.195609	0.051428
6	0.000000	0.000000	0.000000	0.000000	0.000000	0.257970	0.292831	0.177504	0.171587	0.286985
7	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.244026	0.240683	0.177504	0.201393
8	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.217283	0.162962	0.135419
9	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.036214	0.061206
10	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.011221
Return	0.750000	0.721519	0.763145	0.789274	0.749014	0.749592	0.718625	0.726982	0.743875	0.747652

Exacta Odds

The following two tables are the probabilities for the Exacta game, which are simply the square of the odds in the base game.

Exacta Probabilities — Pick 1 to 6

Catch	Pick 1	Pick 2	Pick 3	Pick 4	Pick 5	Pick 6
0	0.562500	0.313742	0.173476	0.09506210	0.051612664	0.0277561440
1	0.062500	0.144208	0.185646	0.18725683	0.164581200	0.1321284210
2	0.000000	0.003615	0.019253	0.04521384	0.073147200	0.0950621014
3	0.000000	0.000000	0.000193	0.00187038	0.007045093	0.0168531149
4	0.000000	0.000000	0.000000	0.00000938	0.000146225	0.0008144128
5	0.000000	0.000000	0.000000	0.00000000	0.000000416	0.0000095830
6	0.000000	0.000000	0.000000	0.00000000	0.000000000	0.0000000166
Total	0.625000	0.461565	0.378567	0.32941254	0.296532799	0.2726237937

Exacta Probabilities — Pick 7 to 10

Catch	Pick 7	Pick 8	Pick 9	Pick 10
0	0.014780298738	0.0077909287212	0.004063786894725	0.0020967882787503
1	0.099346315250	0.0710031239815	0.048693304507802	0.0322458789504079
2	0.106702868842	0.1076795490491	0.100125499051997	0.0871765667889125
3	0.030622634553	0.0461331225017	0.060569746340097	0.0715040263017637
4	0.002723897010	0.0066428533577	0.013019992581041	0.0217028574343981
5	0.000074623766	0.0003349846396	0.001062856537228	0.0026448070626831
6	0.000000535936	0.0000056013335	0.000032713343713	0.0001317764998547
7	0.000000000595	0.0000000257459	0.000000350083345	0.0000025957820839
8	0.000000000000	0.0000000000189	0.000000001062268	0.0000000183384018
9	0.000000000000	0.0000000000000	0.000000000000525	0.0000000000374623
10	0.000000000000	0.0000000000000	0.000000000000000	0.0000000000000126
Total	0.254251174690	0.2395901893490	0.227568250402741	0.2175053154747310

The following two tables are the returns for the Exacta game.

Exacta Returns — Pick 1 to 6

match	Pick 1	Pick 2	Pick 3	Pick 4	Pick 5	Pick 6
0	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
1	0.250000	0.000000	0.000000	0.000000	0.000000	0.000000
2	0.000000	0.238604	0.057758	0.045214	0.000000	0.000000
3	0.000000	0.000000	0.175198	0.104741	0.056361	0.050559
4	0.000000	0.000000	0.000000	0.090841	0.171083	0.095286
5	0.000000	0.000000	0.000000	0.000000	0.020173	0.094297
6	0.000000	0.000000	0.000000	0.000000	0.000000	0.004093
Return	1.000000	0.954414	0.931825	0.963183	0.990464	0.976939

Exacta Returns — Pick 7 to 10

Catch	Pick 7	Pick 8	Pick 9	Pick 10
0	0.0000000000	0.0000000000	0.0000000000	0.0000000000
1	0.0000000000	0.0000000000	0.0000000000	0.0000000000
2	0.0000000000	0.0000000000	0.0000000000	0.0000000000
3	0.0612452691	0.0000000000	0.0000000000	0.0000000000
4	0.0490301462	0.0332142668	0.0390599777	0.0434057149
5	0.1096969359	0.1641424734	0.1201027887	0.0661201766
6	0.0263680644	0.0411698014	0.0634638868	0.0658882499
7	0.0002858327	0.0024973484	0.0172941173	0.0648945521
8	0.0000000000	0.0000169963	0.0005205114	0.0045846004
9	0.0000000000	0.0000000000	0.0000004721	0.0000374623
10	0.0000000000	0.0000000000	0.0000000000	0.0000000126
Return	0.9865049927	0.9641635450	0.9617670160	0.9797230754

The probability of hitting the $1,000,000 jackpot on the pick 9 Exacta are 1 in 1,906,298,378,741. Nevada Gaming Control Board regulation 2.070 bears quoting at this moment. '2.070 Jackpot Odds. If the odds of hitting any advertised jackpot that is offered by a gaming device exceeds 100 million to one, the odds of the advertised jackpot must be prominently displayed on the award glass or video display.'

However, I don't think this regulation applies, because this is not based on an electronic game.

Combined Odds

Texas Station Casino Keno

The following table shows the expected return of the base game and Exacta according to the number of picks. The weighted return is a weighted average of 8 parts base game and 1 part Exacta.

Exacta Summary

Number	Base Game Return	Exacta Return	Weighted Return
1	75.00%	100.00%	77.78%
2	72.15%	95.44%	74.74%
3	76.31%	93.18%	78.19%
4	78.93%	96.32%	80.86%
5	74.90%	99.05%	77.58%
6	74.96%	97.69%	77.49%
7	71.86%	98.65%	74.84%
8	72.70%	96.42%	75.33%
9	74.39%	96.18%	76.81%
10	74.77%	97.97%	77.34%

Strategy

If the player is going to play a pick 1 to 10 game at the $1 rate at the Orleans anyway, he should also bet the Exacta, which returns between 93% and 100% of the Exacta wager, which is good for live keno. Considering both bets combined, the best bet is on the pick 4, with a weighted return of 80.86%.

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