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Variance Labs

Odds · Stake Analyzer · 7 min read

Stake Keno calculator: the payout table for every risk level and pick count

All 40 Stake Keno settings in one place: the multiplier for each hit count, the chance of hitting it, the RTP of every risk level and pick count, and what actually changes when you switch risk.

Published November 2, 2026

Stake Keno has four risk levels and ten pick counts, which makes 40 payout tables. They all come from the same draw, so the odds of any hit count never change. What changes is how the payouts are spread across the hit counts. This post lists the odds, the RTP of every setting and two full rows of the tables, all computed from Stake’s published multipliers.

How a draw works

You pick 1 to 10 numbers on a 40-square board. Stake draws 10. Your hits are the numbers in both sets. The chance of exactly k hits from n picks is a hypergeometric probability:

P(k of n) = C(n, k) × C(40 − n, 10 − k) / C(40, 10)

C(40, 10) = 847,660,528 possible draws

The ten numbers are derived from your seed pair and nonce, which is what the Keno seed checker (opens in new tab) recomputes when you verify a past bet.

Hit odds by pick count

These odds hold at every risk level.

Chance of hitting none, half or all of your picks
Picks0 hitsAll hitsAll hits, one in
175.00%25.00%1 in 4
255.77%5.77%1 in 17
341.09%1.21%1 in 82
429.99%0.230%1 in 435
521.66%0.038%1 in 2,611
615.47%0.0055%1 in 18,278
710.92%0.00064%1 in 155,363
87.61%0.000059%1 in 1,708,993
95.23%0.0000037%1 in 27,343,888
103.54%1.2e-7%1 in 847,660,528

Hitting all 10 of 10 is 1 in 847,660,528. Even 7 of 10 is 1 in 1,740. The common outcomes are in the middle: with 10 picks, 2, 3 or 4 hits together cover 74.6% of draws.

RTP for every setting

Multiply each hit count’s chance by its multiplier and add them up:

RTP = Σ P(k of n) × multiplier(k)
RTP of each Stake Keno setting, computed from the payout tables
PicksClassicLowMediumHigh
199.00%98.75%98.75%99.00%
299.04%98.85%98.65%98.65%
399.02%98.87%98.99%98.99%
498.96%98.92%98.78%98.91%
598.99%98.90%98.94%98.89%
698.97%99.01%98.83%99.00%
798.98%98.94%98.96%98.96%
899.02%99.00%98.92%98.96%
998.98%99.07%98.94%98.96%
1099.04%98.76%98.97%99.01%

Every figure is between 98.65% and 99.07%. The house edge is about 1% on every setting, the same as Dice and Limbo, and the house edge comparison (opens in new tab) shows how that places Keno among the Originals.

What risk changes

Risk moves payout from frequent small hits to rare large ones. The share of bets that return at least the stake shows it:

Share of bets that pay at least 1x, by setting
PicksClassicLowMediumHigh
125.0%25.0%25.0%25.0%
244.2%44.2%44.2%5.8%
358.9%58.9%14.9%1.2%
425.6%25.6%25.6%4.2%
536.7%36.7%36.7%8.9%
647.4%47.4%15.3%2.6%
722.8%57.2%22.8%5.2%
831.2%65.9%31.2%8.9%
939.9%73.4%39.9%13.8%
1048.5%79.6%48.5%19.7%

With 10 picks, Low risk pays on 79.6% of bets and High risk on 19.7%. The RTP is almost identical. Low pays from 2 hits, High pays nothing below 4, and the money High holds back goes into the 8, 9 and 10-hit payouts of 500x, 800x and 1,000x.

Two full payout rows

5 picks: chance of each hit count and the multiplier at each risk
HitsChanceClassicLowMediumHigh
021.66%0000
141.65%0.25x000
227.77%1.4x1.5x1.4x0
37.93%4.1x4.2x4x4.5x
40.957%16.5x13x14x48x
50.038%36x300x390x450x
10 picks: chance of each hit count and the multiplier at each risk
HitsChanceClassicLowMediumHigh
03.54%0000
116.88%0000
231.07%01.1x00
328.82%1.4x1.2x1.6x0
414.71%2.25x1.3x2x3.5x
54.24%4.5x1.8x4x8x
60.679%8x3.5x7x13x
70.057%17x13x26x63x
80.0023%50x50x100x500x
90.000035%80x250x500x800x
101.2e-7%100x1000x1000x1000x

The 5-pick row shows the trade clearly. Classic pays 0.25x for a single hit, which 41.6% of bets get, and 36x for all five. High pays nothing until 3 hits, then 4.5x, 48x and 450x. The 5-of-5 chance is 1 in 2,611 either way.

Choosing a setting

There is no setting with a lower edge to find. The choice is how often you want to see a return and how large the top payout should be. The Keno payout table (opens in new tab) shows all 40 settings with the exact chance beside every multiplier, and the Keno tracker (opens in new tab) in the extension records how your own sessions compare with those figures.

Questions

How are Stake Keno odds calculated?
Stake draws 10 numbers from 40. The chance of hitting exactly k of your n picks is C(n, k) × C(40 − n, 10 − k) / C(40, 10). Multiply each hit count's chance by its multiplier and add them up to get the RTP of a setting.
What is the RTP of Stake Keno?
Between 98.65% and 99.07% depending on the risk level and pick count. Every setting sits close to 99%, so the house edge is about 1% whatever you choose.
What are the odds of hitting 10 out of 10 on Stake Keno?
1 in 847,660,528. It pays 100x on Classic and 1,000x on Low, Medium and High risk. Hitting 5 of 5 is 1 in 2,611.
Does the risk level change the odds?
No. The draw is the same at every risk level, so the chance of any hit count is the same. Risk only changes the payout table: how much each hit count pays and how many hits you need before anything pays at all.
Which Keno setting has the best odds?
Every setting returns about 99%, so none has better odds in the sense of a lower edge. Low risk with 10 picks pays something on 79.6% of bets. High risk with 3 picks pays on 1.2% of bets, 81.5x when it does. The Keno payout table (opens in new tab) lets you compare any two settings.