Which Bets to Avoid at The Casino

 

The way in which casinos make their money is no secret; their profits come from the gamblers that play on their premises. There are a few other techniques that casinos employ to get you to part with more cash, providing refreshments, loosening gamblers inhibitions by plying them with 'free' drink, entertainment, and so on, but casinos make the majority of their money from their punters.

 

Casinos hope to pray on the ill-informed gambler, those who are not aware of the true odds of different possible bets available in each game. Obviously, casinos do not broadcast which of their bets are more likely to lose, so it is up to the individual player to work out which bets are lucrative and which are unprofitable. The following article will inform you of some of the most problematic bets, the ones which you should not play.

 

AMERICAN ROULETTE WHEEL:

You may already have been warned off from playing on an American Roulette wheel, and probably for good reason too. The American version of the game features an extra number slot, the 00. Because of the additional 00, the house gets a larger advantage over the player than on the European wheel, with a 5.25% advantage, rather than the 2.7% house edge of European roulette.

 

BLACKJACK INSURANCE:

You may notice an encouragement on the side of the croupier to play the blackjack insurance bet, and this is because it offers the house the best advantage of all bets on the blackjack table. If the croupier offers you this bet, you should always decline to take it; this bet gives the house an advantage of 8%. One of the worst odds of all casino games.

 

KENO:           

In terms of statistics, any lottery is best avoided, the odds are stacked against you to an unbelievable degree. Because Keno is closely modelled on the lottery, it is no surprise that the game offers very poor odds for players. Although the edge is not as high as with traditional lotteries, the house can still expect an advantage of 25%. So probably the game to avoid most if you are looking to win money, this game should really be played for its entertainment value, and not for the expectation of a good win.

CRAPS PROPOSITION BET:         

There are a huge number of possible bets in craps, and it is important to ensure that you choose the best odds. The collection of proposition bets are the most obvious to avoid, they offer the casino an advantage of 16%. A proposition bet allows you to roll money over on wagers.

 

BACCARAT TIE WAGER:

In baccarat you can opt to wager against the croupier and the player, but it is also possible to tie each bet together. However attractive this bet may appear to be to you, it is certainly best avoided as it offers the house an advantage of, anything up to, 14.4%.

 

JACKPOT BET IN PROGESSIVE CARRIBEAN STUD POKER:         

Because of the huge amounts that can be held in the pot with a progressive jackpot, it is not surprising that many players try to win it. However, it is a bad idea to base your play on greed, because the amount that you bet never eases the house advantage, which is 25% for this bet.

 

WHEEL OF FORTUNE:

The wheel of fortune is also known as the Big Six Wheel, the game always attracts many players because of its colourful lights, bells and whistles. The wheel of fortune is a common sight at county fairs and children's birthday parties (although without the money aspect). But when it comes to casinos, this game is best avoided; the house gains an advantage of 24% for this game.

 

CASINO WAR TIE BET

This is another game that appeals to many gamblers because of its child-like appearances, fun and excitement. In this game players draw cards, and the highest value card wins the bet. However, there is a bet that can be placed which relates to the croupiers card, if the card they draw is equal to your card then there is a payout of 10 to 1. The problem with this bet is that the house advantage is 18.7%; the payout seems less attractive once you consider it from this point of view.

 

So, there we are, some of the bets that should best be avoided when playing at an online, or bricks and mortar, casino- that is, if you want to win!