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Keno Money Management - How to Manage Your Bankroll

Much of keno's appeal comes from the fact that you can win a lot of money, even thousands or hundreds of thousands of dollars in return of investing a mere a dollar or two. Much like in a traditional lottery, an almost inconsequential amount of money can change one's life with a little luck. Unlike a traditional lottery, keno games can happen every few minutes, giving player's repeated shots at that dream. Implementing Keno Money Management can possibly make your dream of rolling around in heaps of cash a reality! Before you dive into the game of luck, our Keno experts urge you to read this page in order for you to gain some insight into how to manage your money. 

How to Play Keno and Win

Before we delve into how to win at Keno, you first ought to refresh on the basics of the casino game. These of course include two different aspects Keno Rules and the strategy. Essentially, understanding how keno works is one of the most important things that will impact your odds of winning the game.

In Keno Online you are presented with a ticket consisting of a grid with 80 numbers on it. Your main duty during the game will be to pick out a few numbers on the grid. Generally, there is both a minimum amount of spots you can pick and a maximum amount. Typically, this ranges from 1-20 spots, however, this usually varies according to which casino you’re playing at. Bear in mind that due to the fact that Keno Online employs the use of a random number generator (RNG) system there is no way you’ll be able to influence the outcome of which numbers will come up.

After you’ve chosen your numbers, you’ll then have to select the amount to bet and the number of games you’d like to play. Usually, the smallest bet you can make on a single race in Keno is $1 and the largest bet you can place in a game is $10. Moreover, instead of choosing to play just one Keno game, you can choose to play 5 using the same spots in Keno Online which uses multi race tickets.

Keno Winning Tips

Fundamentally, winning at Keno does not depend on what strategy you choose to implement. So, if you’ve been hopelessly scouring the net in order to find a strategy that works, just quit now as you will be essentially making an effort for nothing! However, if you’d like a better chance of winning, you can always work on building a large bankroll which will let you stay longer in the game. Learn how to build your bankroll below.

keno money managentHow to Build Your Keno Bankroll

Building your bankroll in order to play Keno is definitely not as difficult as it sounds. Essentially, this process simply entails saving up a portion of your monthly earnings. If you find it hard to save a percentage of money every month, we recommend that you either set up a separate bank account to the one that you receive your pay check in or alternatively just find a large glass jar and fill it up with your leftover change after you’ve visited the shop. Eventually, the money will add up!

Depositing Your Money at an Online Casino

When you’re satisfied with how large your bankroll is all you’ll just have to deposit the money at a Keno Casino. This can be done by using one of the many payment options at your preferred online casino. Once you’ve got some money in your account, you’ll not only be able to play a game of Keno Online, but you’ll also be able to receive your sign up bonus which will help you make your bankroll even larger!

 

 Use Keno Money Management - Don't Throw Your Money Away

keno money management

In games of luck, money management is the best method you can possibly employ in order to control your destiny in the iGambling world. Managing your money whilst playing casino games bears much similarity to setting a budget in real life in order to be able survive the month before your next pay check comes in. This is especially true in the case of the beloved and highly entertaining game of luck, Keno, in which numbers are drawn by the keno machine completely at random. Fundamentally, if you give primary focus to learning some keno money management skills this will help you in portioning your bankroll in a better way. So, in hindsight, you’ll practically have a victory in the bag!

Keno Money Management Tips

The key to keno money management is that it is an almost inconsequential amount. A dollar a week won't make a dent in many wallets, but two dollars every fifteen minutes could be another matter entirely. If you don't budget your keno play carefully, you could wind up in a substantial hole in your pocket. Follow our Keno money management tips below to learn how to manage your money!

1. Make Small Bets instead of Large Ones

Keno is a game of chance which allows you to make small bets on each game that you play. Typically, the smallest bet you can place during a Keno Online game is of $1, however, this varies according to the casino you’re playing at. Essentially, this will help you stay in the game for much longer as you’ll be stretching out your bankroll better.

2. TRACK YOUR KENO PLAY

Try to make note of how much you’re risking whilst playing keno per hour. Depending on how many spots you typically pick, you may cash infrequently. If you do, make sure you have enough in your bankroll to play for as many hours as you like, even if you never catch a spot. This hopefully will not happen, but if it does, you will be prepared.

3. WATCH THE TRANSITION IN KENO

Live keno has an interval between games, which slows down your exposure to the House edge. Video Keno and Keno Online don’t. Play is much faster, meaning that there will be much more volatility and variability in your results. So, make sure to adjust your keno bankroll and expectations accordingly, if you’ve switched to video keno or keno online.

Play Keno Online for Real Money

keno money management pot of goldIf you’ve enjoyed playing Keno at a brick and mortar casino before, you’ll most certainly enjoy playing Keno Online at one of our featured Best Keno Online Casinos list on CasinoTop10! Although winning this game of chance is completely dependent on luck, by factoring in Keno money management whilst playing the game you should stand a better shot at winning! Not convinced yet? Test out your money management skills by playing our Free Keno Game from the comfort of your own home or whilst on the go! Then simply head to our ranked and review list of Best Keno Online Casinos and get ready to win some cash!

 




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