Tuesday, December 23, 2008

What are the worst bets in the casino?

Ever wonder if there was a way to walk into a casino and lose your money even more quickly than you usually do? Well, wonder no more because playing the following games is the quickest way to become separated from your hard-earned money. That’s right, it’s time to find out what exactly are the WORST bets you can make in a casino.

The following represent those games where the house advantage is either ridiculously high, or the risk/reward equation of making the bet will break any household calculator.

Five worst bets/games on the casino floor:

1. Keno. Have you ever played the lottery? Ever WON the lottery? We didn’t think so. Keno is like playing lottery 25 times in a row while you eat your Steak and Eggs special in the casino coffee shop.

2. Blackjack Insurance. If you want to spot the beginning blackjack player at the table, look for the one putting money up for Insurance. The side bet is supposed to protect the player from losing their shirt on the dealer’s 21, but with a house advantage of 8%, who’s really getting the best deal here?

3. The Wheel of Fortune. The big wheel looks enticing when you walk into a casino, but try to avoid the urge to play it. The house’s advantage can run as high as 24% depending upon your bet, making this one is a must-avoid.

4. “00” on a Roulette Wheel. Betting the green Double Zero on a roulette wheel may seem like a sexy bet, but it is actually the worst possible bet you can make on this classic casino game. The house advantage here skyrockets over 5% when you play the green.

5. Craps Prop Bets. The bets in the center of the craps table are known as “Prop Bets” or “Proposition Bets”. They include things like betting on “Any Seven” or that old standard YO-ELEVEN. Play the Pass and Come bets for better odds and your money will last a heck of a lot longer.

This holiday season, the place to go for all your gambling gifts is www.pokerchest.com. Poker chest offers an incredible selection of chips, tables, cards and other must-have poker accessories for everyone on your list.

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