Online Keno For Real Money
Keno is one of the first lottery games ever invented. It’s not the most popular casino game. Slots are the most popular, but Keno still has a solid fan base. Fans appreciate the simplicity and excitement of the game.
Keno is just as popular online as in brick and mortar casinos. It’s hard to find a site that doesn’t have Keno in the lobby. Nevertheless, there are big differences between every casino and how they treat Keno players. The variety of games, the bonuses, the winnings odds and of course the trustworthiness change at every site.
Below you can find our list of best online keno for real money. These are handpicked from thousands of online sites and guarantee a superb gaming experience and lots of fun.
It is worth noting that playing real money Keno online carries substantial advantages: for example the top online keno games offer winning odds, which are up to 30% higher than in land based casinos. That’s huge!
Advantages of Online Keno
Playing keno online is different than in regular casinos. Online play lacks the social aspect of the game, but compensates for it in other areas. The main advantages are:
- Play anytime: unlike in real casinos, you don’t need to wait to play your favorite game.
- Variety: the online world offers a huge variety of games.
- Bonuses: as you can see in the table above, internet casinos attract players with bonuses and you can take advantage of that with free cash.
- Chances of Winning: the winning odds in online keno are higher than in any land based casino. Actually, keno has the biggest difference compared to any other game. Offline, the payouts are usually around 60%, while best online keno games reach up to a 96% return. We know that most keno fans are not into odds and percentages, so in different words, playing real money keno online will get you much better value for you money. First, you will get longer playtime. Second, your chances of winning are much higher, almost double!
- Free play: one of the wonders of the internet is that you can play keno for free, without making a deposit.
Online play does carry some disadvantages that you should be aware of. The main one is the game speed. Online gameplay is much faster, especially if you use autoplay features. Make sure that you play at your own pace and don’t rush things. Never place more money on the line than you originally intended. You can find more info on our live vs online Keno comparison page.
Keno History in Few Words
The gambling game of Keno has a very long history, going all the way back to Ancient China. Legend has it that Keno helped pay for the construction of the Great Wall of China.
The game in China became known as “white dove ticket,” due to the practice of sending the results by carrier pigeon to outlying cities and towns. It was originally played using Chinese characters, using the first 80 characters of the Thousand Character Classic.
Keno was first offered at a licensed casino in 1847 in the colony of Macao. It is now part of China, and the modern gambling hub of the Far East.
The game hasn’t changed much. 80 numbers are still used in the Western version. It was first brought to the West by Chinese immigrants who came to America to build railroads in the 19th Century.
Where the Name Keno Comes From
The name “Keno” was coined by a casino in Houston, Texas in 1866. The new name stuck, likely because it was more catchy with Westerners than boc hup bu or puck apu, as the Chinese called it.
Since then, the game of Keno has really caught on. It is a simple way that casinos can offer lottery style games. We think Keno is more entertaining than traditional government run lotteries, given the variation that Keno offers.
Lotteries do offer much bigger jackpots, due to the sheer number of players that lotteries boast. However with lotteries, you are mostly shooting for huge prizes. While smaller prizes are available, they are always secondary. Therefore the odds on these smaller prizes are never very good.
With Keno, the payout tables correspond to how many numbers you choose. Players can shoot for small payouts, big ones or everything in between. The odds and what one is playing for directly correspond to the player’s preferences, which is the best thing about Keno.
From the 80 possible selections, one chooses between 1 and a predetermined number. Generally players choose between 10 and 15 numbers. While 20 of the 80 balls are drawn, the odds of hitting all 20 are so astronomical, 1 in 3.5 quintillion, or 1.5 billion billion. To make this a reasonable bet, all the money in the world would not be enough to pay out.
Just to clarify: No one in the history of keno has ever caught 20 out of 20.
This, coupled with the fact that Keno is generally run by operators that can only afford to make much more modest payouts. There are normally limits to a maximum of 10 selections, where hitting all 10 “only” has a probability of about 1 in 10 million. This allows for a maximum payout that operators can afford.
How to increase you winning odds at Keno
Keno gives operators the ability to structure the payout tables to have more or less frequents hits, and the same for rare ones. This allows operators to manage their risk.
Because of the flexibility, casinos can offer enticing overall payouts but keep a lower maximum. This is the same for both online and land based casinos.
At land based casinos, Keno has a much higher house edge than other casino games. This is necessary in order for them to profitably run the game. The draws are infrequent and therefore the expense of running it is higher proportionate to their revenue.
With a slot machine or table game, results occur on a minute to minute basis. Casinos have fixed costs to recover, and the frequency of the results allow for it to be recovered with only a slight house edge.
Keno draws are held far less often. Casinos generally will have a Keno lounge as well as runners taking bets from players elsewhere in the casino. So the house edge needs to be higher, and can go to almost 30%.
Land based Keno is still pretty popular in spite of this. Minimum bets are as low as a dollar, and many players love lottery style games.
Lotteries themselves have house edges too. They are big or bigger than land based Keno games, and lotteries are hugely popular. It means that people aren’t really put out by it. If you played a slot machine with such a huge edge, you would loose your money quickly. The sheer frequency of the losses would matter, and this is something you don’t feel with Keno or the lottery.
Online Keno gets around this problem. The games are no more expensive to run online than any other casino game, meaning they cost virtually nothing extra to the online casino.
So they can offer better odds than you would see at any land based casino game.
Another great feature of online Keno is that you don’t have to wait until a specified time for the drawing. Your drawing will take place as soon as you wager, because it is computerized with a random number generator.
This is not possible with land based Keno. Operators are not able or willing to do a Keno draw for a single player. With online Keno, casinos are more than happy to provide this individualized service, and at odds far better than you’d ever get at a land based Keno draw.
Online Keno has become popular due to these inherent advantages. While online Keno does not enjoy the same degree of popularity as other online casino games, many online casinos do offer Keno. The game is ready for you any time!
For further reading, check our How to Play Keno article.
Real Money Keno – FAQ
Can I make money playing Keno?
No. Keno is a game of luck and there is simply no way to make money with it. It doesn’t mean you can’t win money, even a lot. But it’s not a way to make a living.
What is the best Keno strategy?
Despite the previous answer, there is a way to increase your winning odds. All you need to do is to choose the best keno game and to make the number of picks that offers the highest RTP. This number varies between one version to another but it’s easy to find out.
Are online Keno games fair?
Yes. All online casino games are tested and verified by 3rd parties such as Ecogra, TST and others. Don’t forget that all games are designed to give the house an edge, so there is no reason to rig the games.
Can I play Keno for real money on mobile?
Of course. Over 50% of bets are now made on mobile and keno is no different. You can play mobile keno for real money in almost every casino.
How many numbers should I choose in Keno?
There is no answer to this question as it varies on the payouts of the specific keno game. For example, in Jackpot Keno the best odds are by choosing 3-5 numbers. In Microgaming Keno, you should go with 13-15 picks.
Do online casinos offer Keno Bonus?
Yes, almost all casino bonuses can be used for Keno. Keno is not the most popular game but all welcome bonuses and slots bonuses can be used on keno.
Should I use a bonus while playing Keno?