Craps proposition bets:
These bets in Craps imply that you are betting on a certain outcome on the following roll. For example, you may bet on the ‘hard ways,’ which is a wager that the shooter will roll a 4, 6, 8, or 10 by rolling a double. The house advantage on these wagers ranges from 9.1 to 11.1 percent. This is a tremendous house advantage, and they only happen once in a while.
In Baccarat, a tie bet means that neither the dealer nor the player will win, but that the hands will be tied. Because this is such a rare event in online Baccarat, the house advantage is rather large. This is the definition of a sucker bet, with a 14.1 percent casino advantage.
Blackjack insurance bet:
Blackjack is a sucker bet, despite having one of the lowest house advantages (and requiring a great deal of skill). The house advantage is at least 5%, but maybe as high as 14 percent, according to how many decks of cards are played and the regulations of the table. Only the most skilled card counters can make this wager pay off, and even then, it’s still a loser.
Recurrent side bets are common in games like Caribbean Stud Poker. You generally put a bet (usually a dollar) in the hopes of winning a side jackpot of up to $25,000. Huge prizes like these are alluring, but they are also extremely difficult to win. To win this bet, you would need to get a Royal Flush. Consider this scenario: you play 20 hands and place a side bet each time. That’s $20 you might have put into a game wager rather than a sucker bet. Consider what you could have won with that $20 if you had placed a wager with higher odds.
Roulette single number bets:
This is particularly true in the case of American Roulette. What is the cause behind this? In contrast to European Roulette, which has just one zero, American Roulette has two. This increases the house advantage in American from 2.63 percent with a single zero wheel to a staggering 5.26 percent. The single number bet has a one in 38 chance of winning, which is extremely low. Instead, try even-odd or black-red bets, which have a significantly lower house edge.
Keno: The house advantage in any form of Keno, and regardless of how you play it, can be as high as 25%. That was not a mistake. Keno is not recommended for frequent play because of the enormous number of numbers to choose from. Maybe a couple of times for fun. But don’t spend all of your money on it or you’ll be broke in no time.