Worst Casino Bets

When you are playing at the online casino there are bets that you should never make. The bets may seem favorable, but the reality is that the house edge is simply too high. Let’s look at some of the worst casino bets you can make at the casino and let you know why those bets are so bad.  Before we get to the specific games, we want to tell you something you probably know and that is not to play Keno if you expect to win money. Keno has a ridiculously high house edge. It is about as bad as playing that Big Wheel you see in Vegas. Avoid those two games if you want to save your money.

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Tie Bet in Baccarat

For a lot of players, baccarat is a great table game. The game is among the oldest in the world, with quick, easy rules that don’t take a lot of experience or training to play, and the outcome is mostly dependent on luck and intuition, which makes it quite enjoyable. As a result, baccarat is extremely well-liked, especially with big rollers and Asian clients. The house edge in this game is likewise quite low: for the two most popular bets, the banker and the dealer, the casino’s advantage ranges from 1.06% to 1.24%.

However, on the other hand a tie is one wagering option that you should never consider. The house edge increases to 14.36 percent in a multi-deck game and up to 15.75% in a single-deck game when you wager on a tie. The 8-to-1 payoff that casinos offer for this wager is similar to a 9-for-1 wager. The likelihood of a tie is 9.53 percent, so although these rewards may initially sound alluring, the plain fact is that ties are uncommon.  Don’t bet the baccarat tie bet.

American Roulette

Nothing quite captures the essence of physical casinos like roulette. This game is definitely on everyone’s bucket list, whether it be for its extensive history, or just the sheer luxury of the whole affair. With one important exception, though. Analytics would suggest that you play the European version only and stay away from the American version. Why? It is due to the fact that the house edge on the European roulette wheel is 2.7 percent, compared to 5.26 percent on the American wheel.

There is just one zero pocket in the European version of roulette, for a total of 37 pockets; the American version contains one more pocket, a double zero pocket that is tinted green, for a total of 38 pockets. The house edge in favor of the American version nearly doubles as a result of that little variation.

Choose European roulette whenever possible, as most online casinos provide both variations. Everything else stays the same; you can employ all betting methods and techniques, but there’s no need to let the American roulette’s adverse odds work against you.

Particular Bets on Craps

Craps is a popular game because it is the only one that, in terms of house edge, is nearly as good as blackjack. It’s also the game that springs to mind when we think of Las Vegas and the fun that follows. There is a catch, though. There are only a few good craps bets that lend credence to the fun argument. Most seasoned players agree that just four multi-roll bets are worthwhile to consider based on the house edge per bet resolved: odds bets, don’t pass, place six-eight, and pass. On those, the house has a 0%, 1.40%, 1.41%, and 1.52% edge.

The house margin on all other craps wagers is noticeably bigger. In terms of single-roll bets, the statistics can reach as high as 16.67%, with the majority falling between the range of 2% to 11.11%. So, in order to make sure that your bets are always in line with the lowest house edge, you should avoid all of the side bets in craps and only bet pass, don’t pass, taking odds and place six and eight bets. 

Blackjack Insurance

The dealer in blackjack will always offer the player insurance if they have an ace up. This seems like a good bet because it pays 2:1. You can lay a $10 insurance side bet if you wager $20 on your hand and the dealer shows an ace on the upcard. In the event that the dealer does in fact have a natural blackjack, you will lose your initial $20 gamble but will earn $20 on the insurance bet and break even, which is also the reason why some dealers refer to this betting as even money. Although this may be helpful to those who are not experienced, it is never a good idea to place an insurance bet when playing blackjack. The house edge is about 7% on a Blackjack Insurance bet. It is a bad wager to make at the online casino.

Blackjack 6:5

This single-deck variant of the original multi-deck 3:2 version was introduced by casinos as a ruse to reduce the likelihood that skilled players would outsmart them. Blackjack, when played correctly, has the lowest house edge of any casino game. Depending on the regulations, it might have a house edge of anywhere from 0.2 to 0.4 percent. 

In response to these poor odds, casinos innovated a number of regulations. Nothing works against you more than 6:5 blackjack out of all of them. This variation, which is promoted as an alluring chance to win in a single-deck game, actually raises the house edge by 1.4 percent on its own and brings the casino’s advantage back to almost 2 percent overall, even in the best-case scenario when you follow a tried-and-true approach.

According to the standard 3:2 regulations, if you wager $10, you will receive $15 in return for natural blackjack, meaning you will be rewarded $300 for $200 in bets. You only make $12 on the same stake in the 6:5 variation, meaning you gain $240 for $200 in wagers.

Considering that you receive four natural blackjacks on average every hour, this reward also implies that you give the casino an additional $12 for each sixty minutes that you spend playing at a 6:5 blackjack table. Blackjack 6:5 need to be a categorically NO in your gambling log.

All of these wagers are included in the category of dumb mistakes we can do in gambling situations that have been thoroughly examined by others. In private, we typically refer to these errors as beginner mistakes or sucker bets (when we wish to be diplomatic or assertive). The truth is that such errors never have to happen in the first place. These days, with everything we need at our fingertips, they are preventable.

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