Worst Bets
What is one (or a couple) of the worst bets you made in the past year? Youmans: Almost every bet on the New York Giants ended with regret. I bet the Giants six times last season and went 1-5 ATS.
- Top 10 worst bets ever 1. Archie Karas loses $40m – Greek high roller Archie Karas also features in our top 10 best bets ever article: where. Betfair not that fair! – On the 28th December 2011 in the Christmas hurdle at Leopardstown over £29m became. The “I bet I won’t have a bet” bet –.
- Jimmy Butler (+2000): We have arrived at the worst bet on the MVP board and maybe for any NBA future. I want to preface this by saying Jimmy Butler is an awesome player and what he did last.
The worst craps bets are the proposition bets in the center of the table layout.The house advantage on these bets ranges from 9.09% to 16.67% with the absoluteworst being the Big Red 7 (16.67%). In addition where so-called Strip Odds on the2/12 and 3/11 pay only 29:1 and 14:1 respectively the house edge on these wagersare just as bad as the Big Red 7 (16.67%).
Don’t listen to the touts of the Stickman. Place your toke wagers for the dealerson the Pass Line (thanks). Any wager made over $5 on the 6 or 8 should be Placed,not positioned on the corner red 6 or 8 where the house edge is also 9.09%. PlaceBets on 6 and 8 reduce the house edge to only 1.52%.
The Hardways bets are also money suckers, taking 9.09% to 11.11% of all your betson average.
As always, the best bets are the flat bets (Pass, Come, Don’t Pass, Don’t Come) backed with a Free Odds bet.
There are plenty of bad bets that you can make in a casino, and by bad we mean they have astronomical house edges. However, the casinos don’t want to get rid of these games because the suckers keep on coming in and laying down their hard earned cash. We don’t want you to be one of those suckers so let’s take a look at some of the worst of the worst.
Blackjack
Insurance – Unless you now how to count cards, this is a wager that you are going to want to avoid. Depending on the rules of the table you are playing, the casino will have a house edge of 5% to 8%. If you insure a hand in a single-deck game where you have two face cards, the house edge jumps all the way up to 14.3%.
War
Tie Bet – Stay away from this 18.65% house edge for the casino before you drain your bankroll.
Baccarat
Tie – Again, ties are terrible bets that in this case has a house edge of 14.1%
Caribbean Stud
Side bet – The progressive meter jackpot has suckered in more than a few players, but don’t fall into that trap. The odds of being dealt a natural flush is 650,000 to 1, so even if a $100,000 jackpot looks tempting, it shouldn’t be.
Let-It-Ride
Side Bets – also carry a double-digit casino edge.
Craps
Proposition Bets – Don’t let anyone talk you into things like number bets, with a 16% casino advantage.
Worst Bet Awards Outfits
Here is list of sucker bets found on a crap game along with their
house edge.
Big 6 & 8 (9.1%)
Hardway 6 or 8 (9.1%)
Hardway 4 or 10 (11.1%)
Any craps (11.1%)
3 or 11 proposition (11.1%)
2 or 12 proposition (13.9%)
Any 7 (16.1%)
Most Sic-Bo Bets: Place a bet on anything except Big or Small, and you’re looking at a house edge of from 7.87% to 18.52%.
The Big Six: Any bet on this game has a minimum house edge of 15%. I’d run from this game.
Keno: This game of luck has an extremely high house advantage, at the bare minimum of 25%.
The 5-Number (0, 00, 1, 2, 3) wager in roulette: This bet has a casino advantage of 7.89%. We’re not through. The house edge on a Double Zero roulette table is 5.26% against you no matter how you bet it. If roulette just happens to be your favorite game, at least look for the single zero wheel where the house edge is down to the 2% range.
Worst Bets
Indeed, there are more, like one-armed bandits in general, or haphazard and hunch play at blackjack or video poker, but the gist of it, Charles, is that the casino figures so long as you are giving your hard-earned money away, you might as well be giving it to them with the wagers listed above. But if you choose your bets wisely, you can drastically affect the outcome of your casino visit in your favor, not theirs. Not a bad idea.