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Keno Strategy
 

The ultimate strategy for this games is to make very small wagers that might result in very large profits. Straight ticket bets with at least six to eight spots are recommended by most knowledgeable players and casino gaming writers. Keep in mind that the house advantage on any Keno wager is at least 25 percent, so you're much better making $1 bets at the craps or roulette tables if you don't make at least a sixspot bet.

Another strategy for this games is to use it as an outlet from other forms of casino gambling. If you've had a series of spectacular wins-or losses-at another games, and you need a break from the hectic pace of too much victory or too much defeat, go to the Keno lounge and ask the waitress for a soothing cocktail, fill out a Keno blank, bet a couple of dollars, sit back, and relax for a few minutes!

Although many Keno players are fanatical, and don't participate in other games where their chances of winning are far superior, there's always been one aspect of the current games that bothers me: Keno players must almost always use crayons to mark their keno blanks-not ballpoint pens or pencils-but crayons! My assumption is that the casinos think that those who wager on Keno never used a pen or a pencil, or that they hope that children that are having dinner with Mom and Dad in the casino restaurant will be attracted to gambling because a crayon is used to place a bet! I bet on the Florida Lottery every week, (knowing that the odds of winning the jackpot are about eight million to one, and that the state keeps about 50 percent of the total amount wagered) and the convenience store provides me with a pencil to mark my choices-not a crayon! If there's anybody out there who knows why the casinos use crayons, write my publisher and tell him to forward your letter to me!

When all is said and done, Keno is much like lotteries, sweepstakes, and other forms of gambling that offer the possibility of huge payoffs for pennies spent; the expectation is often much more rewarding than the outcome, but it's worth the investment!

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Taking this example a step further: If you do not make the flush on the last card of game and the player ahead of you bets, you might raise against certain opponents! Following the logic of the situation when you did make the flush game, the player behind you will fold, and if the initial bettor has only two pair, he too may fold. Whether the play has positive expectation (or less negative expectation than folding) depends upon the odds you are getting for your money - that is, the size of the pot - and your estimate of the chances that the initial bettor does not have a full house and will throw away two pair. Making the latter estimate requires, of course, the ability to read hands and to read players, which I discuss in later pages. At this level, expectation becomes much more complicated than it was when you were just flipping a coin.
 
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