Keno Money Management

05 May 2009 | 10:59 Author:

Much of keno's appeal comes from the fact that you can win a lot of money, even thousands or hundreds of thousands, for an investment of only 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.


Keno Money Management

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.


Track Your Keno Play

Try to make note of how much you risk at 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.


Watch the Transition in Keno

Live keno has an interval between games, which slows down your exposure to the House edge. Video and online keno do not. Play is much faster, meaning much more volatility and variability in your results. Make sure that if you make the switch to a video or online version, you adjust your keno bankroll and expectations accordingly.

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