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Poker Keno is a simple, poker-based game available at the Internet casino. The player makes a bet and is dealt seven cards, Texas Hold 'Em style. He wins if he has at least a pair of jacks. I'm not sure what it has to do with keno, other than perhaps because there is no actual skill required. It's entirely a game of luck.
- The player bets from 20p to £50.
- The player is dealt two hole cards and five community cards.
- The player is paid based on the poker value of the best five of the seven cards, according to the pay table below.
- If the player bet at least £2, then he will be eligible to win a progressive jackpot if he has the ace and king of hearts as his hole cards and completes a royal flush on the board.
Following is the pay table. All wins are on a "for one" basis.
|Four of a kind||20|
|Three of a kind||2|
|Pairs of jacks or better||0.5|
The following table shows the probability and return of each possible outcome, before considering the jackpot bonus. The lower right cell shows a return of 94.07%. In other words, a house edge of 5.93%.
|Four of a kind||20||224,848||0.001681||0.033613|
|Three of a kind||2||6,461,620||0.048299||0.096597|
|Pairs of jacks or better||0.5||18,188,280||0.135952||0.067976|
The optimal bet size is £2, because you qualify for the jackpot, while minimizing your expected loss in the base game. At a £2 bet, the return goes up by 1.92% for every £100,000 in the meter. The break-even point (exactly zero house edge) is at a meter of £308,463.07 for £2 bet.