4) "Any 7" on Craps: House Edge 16.7%
This is a special hell for those damned wrong bettors. The Any 7 craps bet, wins if the very next roll is a seven. The problem is it pays 4-to-1 but the true odds are 5-to-1. So not only will the wrong bettor face unpopularity from the superstitious craps players but will face the cold hard mathematics of one of the worst bets on the casino floor.
3) The Big Wheel: Average House Edge 19.1%
The Big Wheel or Big Six, is world of fun for casino owners who are lucky enough to have players who want the "carnival" type fun but don't understand odds. The best bet is the $1 spot, with a still savage 11.1%. The worst big wheel bet is the two jokers with a house edge of 24%!
2) Keno: House Edge 28-30+%
Keno is for the sick. It is like playing lotto without the massive jackpots and instead of getting whacked once a week, you get mugged every couple of minutes. The cold hard truth is that hitting the 20 perfect numbers is about 1 in 3.5 quintillion. . . Yes . . . thats right . . . the odds of hitting 20 numbers perfectly is 1 in 3,535,316,142,212,180,000 to be exact. The payout for the big one is not in the order of quintillions, the other payouts are likewise very very bad.
1) "Bonus Side Bet" on Caribbean Stud Poker: House Edge 47%!!!
This is a casino masterpiece. It plays like a lotto, a small investment to win a much larger sum. It plays on psychological traps like, "its only a $1" and "it'd bad if I do get the Royal Flush"... Just to help these thoughts along, the bonus payout is usually well advertised on the table.
The truth is that the odds of getting the Royal Flush on Carribean Stud Poker is about 1 in 648,000. Some casinos will only payout $25,000 but typically it is around $100,000. This gives the casino a massive 47% House Edge!
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Gamblers will always have their winning and losing sessions but in the long run staying away from these sucker bets will give you many more winning sessions. They are unneccesary when there are much better bets arounds. So don't be one of the suckers!
Good Luck
