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HOUSE ADVANTAGE
For this
payoff schedule you can expect to receive a return of 71 cents
for every dollar bet. The house advantage is a whopping 29%. While
this is a huge advantage for the house, remember that the overhead
of keno is also the highest of any casino game.
There is plenty of floorspace devoted to the game, a large number
of dealers, and relatively small bets are the norm. It would not
be profitable for a casino to run keno at a much lower "take".
At least, this is what the casinos say when asked about the high
take. While it seems reasonable, nobody in the business has actually
offered any proof that this is the case.
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