Since you’re looking up keno strategies, I’m going to assume you know what keno is so that we can skip the learning lesson.
When it comes down to it, most Keno strategies are a modified Martingale system. The Martingale system is a popular betting strategy for various casino games, including keno. The idea behind this system is to double your bet after each loss to recoup your losses and make a profit.
Before going all in on one of these systems or designing your own, I recommend playing with free coins to give them a test run.
How the Martingale System Works
Here’s a step-by-step guide to implementing the Martingale system in keno:
- Start with a minimum bet: Determine the minimum amount you will bet on each round.
- Choose your numbers: Choose the numbers you want to play in keno, considering that this system works best with a single number or a small range of numbers.
- Place your initial bet: Bet the minimum amount on your chosen numbers.
- Monitor your results: Keep track of whether your numbers are drawn.
- Double your bet after loss: If your numbers aren’t drawn, double your bet for the next round.
- Stop after win: When you finally get a hit, stop doubling your bets and return to the minimum amount.
Example
Let’s say you start with a $1 bet on a single number. You lose the first few rounds, so you double your bet to $2, then $4, then $8, and so on. If you finally get a hit in round 6, you’ll have lost $31 ($1 + $2 + $4 + $8 + $16) but won $64.
Pros and Cons
The Martingale system has its advantages and disadvantages:
- Table limits: Many casinos have table limits that prevent players from betting excessively.
- Potential for high returns: By doubling your bet after each loss, you can quickly recoup your losses and make a profit.
- Risk of significant losses: If you hit a losing streak, you may face substantial losses before winning. And when I say significant, I mean significant. Bet wisely.
The Martingale system is not foolproof and can quickly drain your balance on a bad losing streak!
For the sake of simplicity, we’re using the numbers provided by Stake.us and Luckybird.
My Basic 2-Pick, Medium-Risk Keno Strategy
Basic Strategy
- Bet the lowest amount possible. I would not do 1 cent, as with a 1.8x multiple it rounds down. 5 cents will net your 4 cents.
- Set it to medium risk.
- On win, reset the bet amount.
- On loss, increase the bet amount by 125%.
Additional Components
- A stop-loss setting can be set up to prevent those losing streaks decimating your balance.
- The strategy involves betting big and hitting a 5.1 times multiplier to achieve significant net gains.
Mathematical Analysis
- Less than 56% of bets will lose.
- More than 38% of bets will result in a 1.8 times multiplier (a moderate win).
- Less than 6% of bets will hit the lucrative 5.1 times multiplier.
Key Takeaways
- This strategy is not foolproof and may lead to significant losses if a bad streak occurs.
- It’s essential to set a stop-loss limit to prevent excessive betting amounts.
- The strategy relies on hitting the 5.1 times multiplier, which happens relatively infrequently (less than 6% of bets).
- The strategy can be profitable with a large bankroll and responsible gaming practices.
Poetic’s 2-Pick, High-Risk Keno Strategy
Basic Strategy
- Bet the lowest amount possible.
- Set it to high risk.
- On win, reset the bet amount.
- On loss, increase the bet amount by 8.5-10%.
Mathematical Analysis
- ONLY 5.769% of bets will win
Key Takeaways
- The strategy involves playing on high risk, meaning larger bets are placed with a higher chance of winning and a greater likelihood of losing.
- Every win will increase your profit above your previous high.
