Keno- The Draw and Betting Limits

-The Draw-

The draw is conducted by a caller, and the numbers are drawn from a device called a goose. The goose is a round, clear plastic container containing eighty ping-pong balls numbered from 1 to 80 to correspond to the numbers on the tickets. There's a board that lights up the numbers that were called.

-Betting Limits-

Most online Casinos have a minimun bet of either seventy cents or a dollar. Although there's a maximum bet allowed on a single-straight ticket, it isn't like a limit in the same manner as the table maximum at other games. On each keno ticket you will find a small print statement that pretty much says the Casino won't pay out more than $50 000 in winnings on any one Keno game, no matter what happens. This is so that people don't fill out many identical tickets and then take it to different keno writers, betting the limit on each one. If the total amount won on the game exceeds this sum, the house will prorate the $50 000 amoung all the big winners. For example, if two players were to win the $50 000 prize, they would each recieve half of it-$25 000. In this way the house protects itself from catastrophic loss on any one game, just as it does at the table games- by imposing maximum limits on individual bets.

 

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