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French story on one of the most successful histories of the gambling monopolies of the state
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geline40
Joined: 28 May 2006
Posts: 90
1968 credits
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 Posted: Wed Jun 21, 2006 12:12 pm Post subject: The Basics of Keno |
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The ancient game of Keno was developed in the orient and introduced to America by Chinese railroad workers in the 1800’s. It is currently played in almost every casino of size the world over. While having a huge 25% house edge it is still extremely popular as a $1.00 “ticket” has the potential for winning as much as $50,000.
The “ticket,” or “blank,” contains eighty numbers, printed consecutively in eight rows of ten each. The player marks, typically with an X, from one to fifteen numbers on the blank with a Keno crayon. He then turns it in to the Keno booth together with his bet and receives an authenticated duplicate. Should he win, the duplicate must be turned in before the start of the next game in order to collect.
Traditionally Keno numbers are printed on eighty individual ping-pong balls. These balls are then spun around in a wire cage, or blown into a large clear plastic sphere, much like as in Bingo. As each ball is selected, the winning number is electronically highlighted on the Keno boards throughout the casino. Currently, however, many casinos use computer chips to generate random numbers.
The house draws twenty numbers out of the field of eighty. Payouts are based on the amount of winning numbers “caught” by the player out of the twenty drawn. These are known as “straight” tickets. The tables included are based on wagering on a straight ticket.
http://www.gamblingtimes.com/keno/keno_1.html |
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JTingly
Joined: 15 May 2006
Posts: 175
3316 credits
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| Posted: Wed Jun 21, 2006 6:27 pm Post subject: |
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| Hahaha chinese railroad workers! (im chinese myself). But hm, thats interesting never knew who made the game, and it turned out that it was made by asians! |
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Thumperfive
Joined: 19 Apr 2006
Posts: 97
2262 credits
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| Posted: Wed Jun 21, 2006 7:29 pm Post subject: |
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| it's a great fun game... but the odds are VERY much against you, but still... fun, fun, fun! |
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geline40
Joined: 28 May 2006
Posts: 90
1968 credits
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| Posted: Thu Jun 22, 2006 2:40 pm Post subject: |
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well, afterall that is the reason for gambling games... fun! fun! fun! and also, win! win! win! problem is, if you keep on losing, then, you won't have fun anymore  |
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Thumperfive
Joined: 19 Apr 2006
Posts: 97
2262 credits
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| Posted: Thu Jun 22, 2006 5:51 pm Post subject: |
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ah, yes... but there's always the chance that you can win! why else do people play the lottery?
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JTingly
Joined: 15 May 2006
Posts: 175
3316 credits
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| Posted: Fri Jun 23, 2006 1:22 am Post subject: |
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| geline40 wrote: | | well, afterall that is the reason for gambling games... fun! fun! fun! and also, win! win! win! problem is, if you keep on losing, then, you won't have fun anymore |
Hahahaha, i was cracking up on that one!  |
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MHJ
Joined: 10 May 2006
Posts: 55
1062 credits
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| Posted: Fri Jun 23, 2006 6:37 pm Post subject: |
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| Keno was a game I always wanted to learn more about. Is this a potential big money winning game? |
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JTingly
Joined: 15 May 2006
Posts: 175
3316 credits
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| Posted: Sat Jun 24, 2006 3:07 pm Post subject: |
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| I guess, because its gambling and all gambling games can have the potential of big bucks. |
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