Most of the casinos offer players
different options when it comes
to betting. The bet you place
will play a considerable role
in your odds and the overall
house edge. Some casino games allow
bets with incredible payouts
but with that also comes an
increase in the house edge. This
is a list of the top 5 casino
bets you should avoid.
Keno
Keno is one of the worst bets
a player can make since it is
essentially a lottery game.
The house edge on Keno can run
as high as 25% and even with
only 10 numbers you’re
still looking at an edge of
18.75%. Additionally players
don’t understand that
the odds of any given number
being called will never change.
Big Six Wheel
This game varies from casino
to casino in name but its available
nearly everywhere. The big six
wheel is one of the leading
games you are bound to lose
your money on. The player will
place their bet on the table
relating to a number on the
wheel. If your number hits,
you will be paid according to
the chart. The problem is that
the game has a house edge which
varies from 11% on the $1 bet
and up to 24% on the joker/casino
bet. The only way you will walk
away from this game with almost
even money is by offsetting
your main bet with other bets.
Caribbean Stud and Let it Ride
Side Bets
The side bets for both of these
games increase the casinos edge
over the player and will deplete
your bankroll quickly. A Caribbean
progressive jackpot side bet
has a house edge averaging 26%
where as the Let it Ride side
bet gives the casino a house
edge ranging from 13% up to
38%.
Baccarat
Tie Bet
The worst Baccarat bet you can make is the tie bet,
and offers a 14.36% house edge
whereas the Banker bet has a
1.06% edge and Player bet is
averaging 1.36%
Blackjack Insurance Bet
Taking the Blackjack insurance bet is a high risk bet
since you will only receive
2:1 payout while losing your
initial wager. The only time
an insurance bet is worthwhile
is when you know that the deck
has fewer than 8 - 10 value
cards. The house edge on an
insurance bet averages 8%
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