# Are Losing Streaks a Sign of Tighter Casinos?

Home » Recent Posts » Are Losing Streaks a Sign of Tighter Casinos?
Share this on:

In a recent article, we shared some of the data points confirming that not much, at least payout wise, has changed since casinos reopened from the pandemic. One player argues that things have gotten tighter, at least to her:

Casinos in Arizona have been tighter in the past year. Has nothing to do with the Covid virus. Casinos had a bad time during the Covid. But all of a sudden, they are not paying bonuses anymore, I can put a couple of hundred dollars on four card keno and my biggest pay back was 70 quarters all night. I was always winning 7 out of 8 for \$1,600.  The data shows no changes in returns, but check my purse. No tickets to cash in.  Casinos are greedy.

Amy B.

A lot of players get caught up in a mistake, and this question illustrates it pretty well – players think that because they’re losing, the casinos must be tighter.

We chose Amy’s question because specifically it highlights an example of where players get this wrong. Her example is the game of Keno. She picks 8 numbers, and she would get 7 out of 8 a lot.

Keno is one of those games where the odds can be calculated, because the game’s structure is very specific. You pick a certain amount of numbers, somewhere up to 10 usually, out of a field of 80. Then the game draws 20 numbers at random. Based on how many of your numbers are matched to those drawn, that determines your payout.

The odds of matching 7 out of 8 numbers is 1 in 6,233. That means, on average, you’ll get that prize about that often. 8 out of 8 is a much tougher 1 in 230,115, by the way.

So what does that mean for you as a player? Let’s say you complete 10 games of Keno a minute. That’s therefore 600 games an hour. That would mean, on average, you’d see a match of 7 out of 8 numbers roughly once every 10-11 hours. But that’s an average.

You mentioned you’re playing four cards, so with different numbers you’re looking at 2400 games an hour. (Playing the same numbers on all four cards is just amplifying the bet on the same numbers, effectively, so it’s really the same 600 games at a higher bet.)

As you noted, for a while you were always winning 7 out of 8 – you don’t note how long you were playing, just “all night,” but let’s presume a few hours, factoring in bathroom breaks and so on. Depending on how you play your four cards, your pacing and other considerations, you might have been either at or even a bit ahead of average

If the casinos wanted to change the payouts, they could change how much that 7 out of 8 pays. Maybe that \$1,600 becomes \$1,500. But they couldn’t change the overall odds of how often 7 out of 8 numbers come out. The randomness of numbers being drawn is outside the control of the casino.

This is what we mean by players getting caught up in a mistake. Checking your purse is almost beside the point – the reason for you not getting 7 out of 8 has nothing to do with what the casino is paying, but just luck – that 1 in 6,233 didn’t happen in your session.

Gambling is an emotional form of entertainment – real money is at stake, and it can be exciting when things go your way, and punishing when they’re not. In those times, it’s important not to blame a boogeyman for what is simply math.

Things didn’t go your way – it’s unfortunate, but it happens. It’s not because the casino changed the payouts.

Share this on:

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Play Online Casinos

Sign Up with BetMGM Casino and get a Deposit Match up to \$1,000, plus \$25 in Site Credits on the house! Available in MI, NJ, PA & WV. US promotional offers not valid in Ontario.

Use code SWITCH2500 for a 100% deposit match up to \$2,500, and 2,500 Reward Credits, with \$25+ in wagers placed (MI, NJ, PA & WV).

New sign-ups with DraftKings Casino in MI, NJ, PA & WV will receive \$35 Casino Credits, plus Play \$5 and Get \$50 Back in Casino Credits Instantly!

Sign Up and deposit \$10+ at FanDuel to get a Welcome Offer of a \$20 Bonus + Up to \$1,000 Play it Again based on your net losses in the first 24 hours in MI, NJ, PA & WV!

You Asked!
3 hours ago

Play Social Casinos

Ready to give Show Me Vegas Slots a try? Get 10 million coins to play Show Me Vegas Slots with promo code SWITCH!

New players to 88 Fortunes Slots receive 5 billion coins as a thank you for signing up!

Sign Up and get a Welcome Bonus of 2,000,000 FREE Gold Coins & 2 FREE Sweeps Coins. Get started today!

Sign Up for LuckyLand Slots and get a Welcome Bonus of 7,777 FREE Gold Coins & 10 FREE Sweeps Coins!

The Flipside

Online Game Spotlight
Double Patriot

Classic Everi Three-Reel Slot with a Fresh Twist

Rising Rewards Slot Machine

Building to Bigger Bonuses

Stinkin’ Rich Skunks Gone Wild

New Features Enhance a Classic

Play Online Sportsbooks

Sign Up to get a Bet \$5, Get \$150 in Bonus Bets if your bet wins!

Use code SWITCH1000 to get your first bet back in Bonus Bets, up to \$1,000, if you lose.

​SIGN UP to get \$150 instantly in Bonus Bets* (NC, \$5+ bet required) or up to \$1500 in Bonus Bets* Back if Your First Bet Doesn't Win (All Other Eligible States)!

New Players get a \$1,500 No Sweat Bet, a \$50 Bonus Bet with \$5 deposit, & Get a No Sweat NBA SGP Every Day of NBA Playoffs! New players outside MA also get 20% Match up to \$1,000 (25x PTR).

Social Game Spotlight
Kronos Unleashed Slot

Frequent Feature Livens Up Super Tall Reels

Dragons vs. Pandas Slot Machine

Two Sets of Reels Battle it Out

Journey to the Planet Moolah

Introducing the BABY Unicow?!