Net Casino Sucker Wagers — Part 2

  • Progressive side wagers: Games like Caribbean Stud Poker often have one of these. You typically place a wager ($1 is the normal value) to try to win a bonus jackpot that can reach $25,000. Though huge jackpots like this are extremely alluring, they’re also very difficult to succeed. You would have to get a Royal Flush in order to succeed on this bet. Also, imagine this- you wager 20 hands and put the side bet each time. That is $20 you should have used towards the actual game wager instead of a sucker bet. Just think about what you might have been able to win at a bet with more favorable odds using that 20 dollars.
  • Individual number bets in Roulette: This is especially true for American Roulette. Why? American Roulette has 2 0’s on the wheel, as opposed to European Roulette, which has just one. This takes the complete house edge from two% with a single zero wheel to a huge 5% in American. The one number wager has only a one in 38 chance of winning, which are very big odds indeed. Bet on even-odd or black-red wagers instead which have a much lower house edge.
  • Keno: Any variation of Keno, and anyway you wager on it, the house advantage can be a whopping 25%. Yes, that wasn’t a error. Because of the large set of numbers you must select, it isn’t recommended to gamble on Keno to often. A number of times for entertainment, perhaps. But do not waste all your money on it or you will quickly find yourself broke.
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