The pay table of this game is shown below: Pay Table Pick Pick Pick Pick Pick Pi

Question

The pay table of this game is shown below: Pay Table Pick Pick Pick Pick Pick Pick Pick Pick Pick 10 Catch 16 13 6 3 2 1 1 80 70 14 5 6 5 150 270 68 50 10 1000 200 125 77 1000 500 250 1000 500 10 For each pick and separately, calculate the following in Excel I. Average RTP% (percentage Return to player) of Keno. Note that this is the expected win per game and per dollar spent, excluding the bonus wins. 2. Hit Frequency of Keno. This is the percentage of time that players win a hand. 3. Pulls per Hit of Keno. This is the average number of times a player has to play before he/she wins something. 4. Bonus Hit Frequency. This is the percentage of time that players win a bonus. 5. Bonus Pulls per Hit. This is the average number of times a player has to play before he/she wins a bonus. 6. Average RTP% (percentage return to player) from Bonus. This is the expected bonus win per game. 7, Total RTP% (percentage return to player) of Game. This is the sum of the RTP% from the base game and the RTP% from the bonus 8. The volatility index of the game (i.e., the standard deviation of the pays probability distribution) 9. A Summary table, located below the pay table and including each of the 8 metrics above, so that any change in the pay table will automatically change the values of the 8 metrics.

Explanation / Answer

1)

Average RTP to the keno is 20/80= 75 percent.

2)

Probability of wining the game is = (20/80)*(19/79)=6.01%.

3)

Probability of catching all 3 is = 1140/82160 = 1.69%.

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