Statistics Keno Gambling Question?

Question

A gambler puts money on the number 33 in the game of Keno.

This is a single bet number, and you can think of it this way.

A box contains eighty tickets, numbered from 1 to 80. Twenty

tickets are drawn at random from the box, leaving sixty tickets in

the box. If 33 is one of the 20 numbers drawn, the gambler wins a

prize. Otherwise, he loses. Find the chance the gambler loses.

Answer 1

25% is a modest number...try 33% as you have to consider other variences...error of picking wrong number and sequence play! lucky you are indeed if you win

Answer 2

There is a 75% chance the gambler loses. He has a 1 in 4 chance of winning. However, Keno only pays back 3 to 1 on the bet. This means that the house is keeping a 25% advantage. Keno: worst odds in the house.