If one was to try and compare the lottery and a game of keno, you’d notice that the mechanics of the game are pretty similar. They both involve choosing random numbers and betting on them, in the hope they’ll be drawn out, and you’ll win.
However, there are some differences that set the two games apart from each other.
Lotteries
With a standard lottery game, you normally choose either six or seven numbers on a ticket. The prize fund is normally set, and you can win fixed amounts depending on how many of your chosen numbers are drawn out.
Usually, there can only be one jackpot paid out, and if you do win one of the prizes, it’ll usually just be with the one ticket. If you choose winning numbers, and so does somebody else, you usually share the jackpot.
Keno
However, with keno you choose either fifteen or twenty numbers on a ticket, or alternatively you can sometimes place bets on groups of numbers. Unlike a lottery, the amount you can win at keno varies very much depending on the casino. A casino will have a pay-out table, which will define the odds you are paid out at.
You are usually paid based on each unit of currency you bet, which means if you bet $1 and the pay-out odds are ten times the stake, then you would win $10.
If you decide to bet more, you give yourself a chance of winning more from the start.
Some may argue that you can also do this with lottery by increasing the amount of tickets you buy; however because of the odds and probability of winning a reasonable amount at lotto, keno is usually the better option.
However, don’t be drawn to mark out fifteen or twenty numbers in keno, if you go for less, your likelihood of winning is much higher.