| Commission Eliminated The Cap And Casinos
Roulette: The players begin by making their bets, placing chips on the spaces of
the layout in the manner permitted by the applicable rules for the area/state/country
etc. The dealer spins the wheel in a counterclockwise direction then flips
the ball on the bowl's back track so that it travels clockwise. Players
may continue placing bets while wheel and ball are still in motion until
the dealer yells (says) "No More Bets!". He does this as the
ball slows down and is about to drop off the back track. Bets placed on
the layout after this announcement are not valid and must be returned
to the player(s)
According to scrolls dating back to Ancient China, Cheung Leung of the Han Dynasty created a game very similar to Keno around 200AD to fund the war that had been going on for several years. The funds for the war were getting low and the people of his city were beginning to refuse to contribute any more of their hard earned wages to it. He decided a game of chance would be the best avenue to creating revenue for his army.
You may have noticed that keno is a lot like a lotto game. That's because keno is a lotto. The name has been changed a few times in the game's 3000+ year history, mostly to circumvent the law or taxes or both. By all accounts, the Chinese invented the game to fund their army and The Great Wall.
They devised the game using the first 120 symbols of the well known poem, "The Thousand Character Classic", which had been used prior as a romantic numbering system, as no two characters were alike. The game became so successful that it was adopted throughout China, even being used to help fund the Great Wall of China. Keno started out using those 120 Chinese characters. Before the game left China, that number was reduced to 90. The game came to America with the wave of Chinese immigrants in the 19th century.were mostly the Chinese railroad workers of folklore. About this time the game was reduced to 80 Chinese characters.
Although illegal, keno thrived among Chinese immigrants, especially around big cities like San Francisco. It became known as the Chinese lottery. English speaking Americans became interested in the game, but had difficulty differentiating the Chinese characters used in the game. Around the beginning of the 20th century, keno operators replaced the Chinese characters with Arabic numbers to entice more players.
Although Nevada legalized most forms of gambling in 1931, the legislature did not legalize lottery. The name of the game didn't evolve from "Chinese Lottery" until the early 20th century, when gambling was legalized in the state of Nevada. The legalization of gambling did not cover lotteries, so the name of the game was changed to "Horse Race Keno", playing on the idea that the numbers were horses and you wanted your horse to come in first. Shortly after, Nevada placed a tax on all Off Track betting, so to avoid the tax, the name was shortened to Keno, as it is known as today.
In 1963 the aggregate keno payout limit in Nevada was $25,000. In 1979 it was changed to $50,000. In 1989 the Nevada Gaming Commission eliminated the cap, and casinos are now free to set their aggregate limits as they wish.
The next time you're in your favorite keno lounge crumpling your loosing ticket, let your mind wonder back 3000 years to the Han Dynasty. You're not the first to be lured by this game, and you certainly will not be the last!
The Inside Bets are:
Straight Up Bet - betting on a single number. For instance, you place a
chip on 20 and the ball lands in the 20 slot. Your $10 bet returns $350 in this case.
Split Bet - Betting on two numbers by placing a chip on the line separating
two different numbers. For instance, you could place a split bet on 31 and 34. If either number
hits, your $10 bet returns $170.
Corner Bet - Betting on 4 numbers by placing a chip at the center of the 4
number block that you wish to bet on. A $10 bet returns $80 if one of the numbers hits.
Street Bet - Betting on a row of 3 numbers, such as 1,2 and 3. A $10 bet in
this case returns
$110.
Special Line Bet - this bet is made by placing a chip on 00, 0, 1, 2 and 3.
A $10 bet returns $60.
Outside Bets:
Dozens - In this bet, you are betting whether the number 1-12, 13-24 or
25-36 will land. For instance, if you place a bet on the 1-12 dozen and 7 lands, your $10 bet would return
$20.
Odd or Even - As easy as it sounds. If you believe that an odd number will
land, you would place a bet on the Odd zone in the outside part of the table. A $10 bet would
return $10, plus your original betting amount back.
Red or Black - You either bet on a red number to land, or a black number.
The same payoff as an odd or even bet, even money. A $10 bet would return you $10.
Column Bet - Similar to a Dozen bet, in that you are betting on one of a
group of numbers to land. Refer to the diagram above of the number placement, and you can see that
there are three columns of numbers. The payout is the same as a Dozen bet, 2 to 1.
High / Low Number - Another even money bet similar to odd/even or
red/black, in this case, low numbers refer to 1-18 (excluding 0 and 00) and high numbers refer to
19-36. If you believe that a low number is going to show up, you would place a $10 bet on the
Low. If any number under 19 showed up, you would win $10.
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