of Keno has two distinct and opposing characteristics
that distinguish it from other forms of casino gaming:
It is one of the oldest, most enduring, and most
popular forms of gambling ever invented, and it
is one of the worst games available to casino gamblers
because of the high house edge.
Keno was invented
by the Chinese during the Han Dynasty (AD 25-220)
to raise money for the government, much like today's
lotteries that generate millions of dollars in profits
for state governments in the United States. The
games was imported to America, and by the last part
of the nineteenth century was a popular form of
illegal gambling, especially after the original
Chinese characters were converted to Roman numerals,
allowing other nationalities to know if they won
or lost! It was one of the first games introduced
in Nevada, and continues to be offered by casinos
throughout this country.
Keno is popular for a number of reasons:
cheap to play! Unlike most casino games, the normal
minimum bet is $1. Many other games require a minimum
bet of at least $5.
2. There is a potential to win lots of money with
a minimum investment. Based on a $1 wager, it's
possible to win $3, $25,000, or up to $250,000!