Is Keno a good gamble and should you play it while in the casino? The answer is it depends on the person playing the game and why they are playing the game. The odds of hitting an eight spot Keno ticket are 230114 to 1 against you. So the odds are very high and certainly not in your favor. The payoffs are way off the mark and the house edge is made even bigger since they do not pay the correct odds if you do hit the ticket.