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Keno House Edge

Understanding the house edge is incredibly important when playing real money keno. This is especially the case, as different keno games can vary drastically in their payouts. This has a knock-on effect on the house edge, which can go up to as high as 25% for online keno games. In contrast, some keno games can go down as low as 1.25%. This difference of almost 24% is huge, especially when considering this is largely the same game being played. It is therefore very important to double-check the specific rule-set of the game you are playing and the payouts attributed to each bet. 

If you are not sure what these percentages mean, let us explain. The house edge is a percentage that represents the average take from any given game or bet over an extended period of gameplay. Wagering €100 over several rounds on a house edge of 25% is respected to pay out €75 on average. This is a loss on your side of 25%, which is the house edge. These percentages are calculated across all game rounds by all players to bring about this overall average. Some players will win more, while others will have less to show for. The house edge is essentially an anchor point for expectations. You can see then that a 20% difference in expected payouts is a big deal, especially when playing with real money.

Virtual Keno Vs Live Dealer Keno

When playing with real money, you can choose whether you want to play keno live or in virtual formats. Virtual keno is a lot more widely available and there are a lot of themes and rule-sets to choose from. That isn’t to say you won’t find plenty of live keno games out there with the same high production values you see across other live casino games.

Virtual Keno

Virtual keno provides a versatile environment for players to learn, test and play for real money. In virtual games, it is you and the computer with no other participants present. This allows you to dictate the pace of each round, as well as enjoy some peace and relaxation. Most virtual keno titles also allow players to utilize a demo mode to play with an unlimited amount of fake funds. This is ideal for testing out different strategies, rule-sets and payouts in keno without risking any real money. It is generally advised you try a game out in demo mode for the first time before wagering any real funds. All of this is possible thanks to sophisticated RNG (random number generator) algorithms that provide truly random results. These algorithms are third-party tested and verified. 

Live Dealer Keno

While virtual titles offer a solitary and peaceful gaming space, live dealer games provide a truly immersive casino experience. Live keno is presented to players in real-time thanks to live streaming technology. Croupiers keep calling and the numbers keep tumbling whether you are present or not. Participants can drop in and out at their leisure, as well as communicate with other players and the croupier. High production values and professional staff ensures seamless interaction between you and the action. This is as close as you can get to an authentic casino experience without needing to leave your house. 

Online Keno Variants

Choosing a new keno lottery game online can be quite overwhelming with so many variants out there. Below we have listed a couple of specific titles with a low house edge and an additional general variant to look out for. There are definitely more great options out there, but these are some of our top picks.

Keno Live Casino

Keno Live Casino by Ezugi offers an unparalleled experience when it comes to playing online. Real croupiers present rounds of keno in real-time straight to your screen. This provides a great sense of immersion and that isn’t even considering the extra features stacked on top. Despite being presented live, Ezugi is still able to have rounds go on a 24/7 basis with an unlimited capacity for players. The game is available in six languages and has some nice quality of life features such as the “Pick For Me” option.

Turbo Keno

If you are looking to pick up the pace then you might want to take a look at Turbo Keno by Inbet Games. This operates pretty much the same as standard keno, except the pace of each round is kicked into gear. Turbo Keno can be ideal for players with only a little spare time to play. Although, you will need to keep in mind that this increased pace can drain through your funds pretty quickly. As more rounds are played in a shorter amount of time, it will increase the number of wagers you will need to commit in order to keep playing.

Golden Egg Keno

Apart from its charming and humorous graphics, Golden Egg Keno plays pretty much the same as any other type of keno. What makes it one of the best online keno for real money is its titular Golden Egg feature, which activates on the last call. If the last number of a round matches one of your picks you will get your next game free. The same bet values and number will be applied to this free round. This title developed by PlayPearls is definitely one to check out for that added bit of excitement.

Why Play Online Keno for Real Money?

Playing keno online has more advantages than you may first suspect. Naturally, there is no need to worry about where your nearest casino is and if it is big enough to hold your favorite games. Also, remember how we said that the house edge on keno games can go up to 25%? Well, that is for online keno games, while land-based casinos can raise that edge to 30%. When playing online you can enjoy playing from the comfort of your own home or on the go with any number of casinos providing you with a real money keno app for mobile devices. The fact that there are so many online casinos out there only makes it better for the player, as the competition is fierce and all the sites want to have the best deals to attract everyone. While there isn’t anything quite like going into a real casino yourself, the classic land-based establishments just can’t match the value and versatility offered by online casinos.

Where To Play Online Keno for Real Money

The amount of sites competing to offer up the best value and services does have a drawback. It can be incredibly hard to pick out the right place for you and not all sites offer up keno in their game collections. Your best bet to finding the top online keno casino is finding someone who’s done all the hard work for you like our writers here at GoodLuckMate. We have tons of online casino reviews that you can read through to determine which one is right for you. Licensing status, game collections, promotional offers, and more are all covered in our reviews. 

Nerijus Grenda
Nerijus Grenda
Last Update: 13 Mar 2023
Nerijus Grenda is a prolific contributor to the GoodLuckMate site. With a deep understanding of the online casino industry, gained from his own experience as an avid player, he offers valuable insights on what sets the best casinos apart from the rest. As a writer, Nerijus shares his expertise through expert analysis and thoughtful commentary on various topics related to online gambling, including casino reviews, game guides and industry trends.

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