A wagering game combining the attributes of keno and video poker is disclosed. First, players place wagers and select one or more cards from a plurality of face-up cards. One or more cards from the plurality of cards are then randomly identified. Players receive awards based on the number of randomly identified cards which match player selected cards and/or the strength of a poker hand formed by the randomly identified cards. Players may also be provided an option to replace one or more of the randomly identified cards with new randomly identified cards. An optional bonus award is directed to the position of the randomly identified cards. For example, if two or more of the randomly identified cards are arranged adjacent to one another or in a pre-determined card display pattern, a bonus ward is paid. The game may also be played in a live table game version or stand alone version similar to conventional keno.