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keno statistics FAQ
There is a 75% chance the gambler loses. He has a 1 in 4 chance of winning. However, Keno only pays back 3 to 1 on the bet. This means that the house is keeping a 25% advantage. Keno: worst odds in the house.
Well of the 80 numbers 25% will be winners and 50% of that will be eligible to be won. But the odds of winning are greater because not all twenty numbers from the winnings have to match. So it is really something like a 1/8 chance but doubled since it
picking 10 out of 80 gives a 1 out of 8 chance for each number called. 20 numbers called means statistically, the player will hit 2.5 times, but needs 5 "catches". does that make the odds 2-1 against?
hmmmm...a quality question. let's see...
P(B - first pair is substandard) = 3/50
P(A - second pair is substandard) = 2/49
P(A given B) = P(A and B)/ P(B) or
P(A given B) * P(B) = P(A and B) so





















