Originally Posted by
redietz
Originally Posted by
mickeycrimm
If you look at the mathematics (probability theory) of poker, sports betting, video poker, slots, keno, blackjack....the sports betting math is by far the simplest and easiest to learn.
There's a quote for the ages.
Redietz. You are playing a keno 7-spot with one way of 3 and one way of 4. For instance, in the 3-spot you are playing the numbers, 1, 2, 3. In the 4-spot you are playing 4,5,6,7.
What is the probability that you will catch all three numbers in the 3-spot and at least 2 numbers in the 4-spot?
When I say "at least 2 numbers in the 4-spot" I mean you can catch either all 4 numbers, or 3 out of 4 numbers, of 2 out of 4 numbers.
This is a typical problem I had to solve on a keno progressive I found 17 years ago and worked for years. I had to hit all 3 in the 3 spot and at least 2 of 4 in the 4-spot to be awarded the meter.
The payscale, not including the meter, was 88%. I had to know the cost of spinning the play off to make sure the meter was higher than the average cost.
Let's see if YOU can solve it.