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KENO payout in Massachusetts

sulobo9142
sulobo9142
Dec 28, 2011
6:51am
Block User
I have been playing KENO in Ma. for years . Losing ,losing and losing.
I contacted the Ma. lottery and they told me what the payout was last year.

Keno’s prize payouts average is 70 percent. Last year Keno sales were $768,218,000- of that $531,024,000 was paid in prizes to Keno players.

Do you believe this ? I don't.



Dan Svatass
Dan Svatass
Dec 28, 2011
7:29am
Block User
Why don't you believe it?

Even at 70 percent payback, almost everyone who plays (95%? 98%?) loses.

You're just in the loser group, what did you expect?
snidely333
snidely333
Dec 28, 2011
8:15am
Block User
Quote
Originally posted by: sulobo9142
I have been playing KENO in Ma. for years . Losing ,losing and losing.
I contacted the Ma. lottery and they told me what the payout was last year.

Keno’s prize payouts average is 70 percent. Last year Keno sales were $768,218,000- of that $531,024,000 was paid in prizes to Keno players.

Do you believe this ? I don't.


That is a 69% pay out. Right as they say it should be.
alanleroy
alanleroy
Dec 28, 2011
12:23pm
Block User
Quote
Originally posted by: snidely333
Quote
Originally posted by: sulobo9142
I have been playing KENO in Ma. for years . Losing ,losing and losing.
I contacted the Ma. lottery and they told me what the payout was last year.

Keno’s prize payouts average is 70 percent. Last year Keno sales were $768,218,000- of that $531,024,000 was paid in prizes to Keno players.

Do you believe this ? I don't.


That is a 69% pay out. Right as they say it should be.

Yep. That other 1% is known as 'The Skim'.


snidely333
snidely333
Dec 28, 2011
1:40pm
Block User
Quote
Originally posted by: alanleroy
Quote
Originally posted by: snidely333
Quote
Originally posted by: sulobo9142
I have been playing KENO in Ma. for years . Losing ,losing and losing.
I contacted the Ma. lottery and they told me what the payout was last year.

Keno’s prize payouts average is 70 percent. Last year Keno sales were $768,218,000- of that $531,024,000 was paid in prizes to Keno players.

Do you believe this ? I don't.


That is a 69% pay out. Right as they say it should be.

Yep. That other 1% is known as 'The Skim'.


Well, you know, eventually it will hit 70% in the long run.
Rock'n Rick
Rock'n Rick
Dec 28, 2011
9:45pm
Block User
Quote
Originally posted by: sulobo9142


Last year Keno sales were $768,218,000- of that $531,024,000 was paid in prizes to Keno players.


Well a lot of people play KENO here, and some variety stores are actually set up like Mini-KENO-Dens,
with tables and chairs, TV monitors for the games, and even movies playing.

Even if not big winners, those $5 to $20 winners X thousands of players add up over time.

The gambling is so heavy here in Massachusetts (scratch tickets and KENO)
that I have often gone into busy variety store and said to the clerk
"Don't you feel that you are working for the Mass. Lottery?"

BTW, The Mass. Lottery is the most successful state lottery in the country.


Rick
sulobo9142
sulobo9142
Dec 28, 2011
10:32pm
Block User
I was waiting to hear from you Rick. Do you think they should minimize the million dollar prizes and give out more $500-$5,000 winners .


Quote
Originally posted by: Rock'n Rick
Quote
Originally posted by: sulobo9142


Last year Keno sales were $768,218,000- of that $531,024,000 was paid in prizes to Keno players.


Well a lot of people play KENO here, and some variety stores are actually set up like Mini-KENO-Dens,
with tables and chairs, TV monitors for the games, and even movies playing.

Even if not big winners, those $5 to $20 winners X thousands of players add up over time.

The gambling is so heavy here in Massachusetts (scratch tickets and KENO)
that I have often gone into busy variety store and said to the clerk
"Don't you feel that you are working for the Mass. Lottery?"

BTW, The Mass. Lottery is the most successful state lottery in the country.


Rick


Rock'n Rick
Rock'n Rick
Dec 28, 2011
11:01pm
Block User
Quote
Originally posted by: sulobo9142


Do you think they should minimize the million dollar prizes and give out more $500-$5,000 winners .


I'm assuming you're talking Scratch Tickets ? .........

if so, then , ....... one can't retire on $5K.

People lay down their $$$ to hit it BIG, not only to retire, but to live very comfortably while doing so.


Rick
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