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5Sep/260

Net Casino Sucker Wagers — Part One

Proposition bets in Craps: These Craps bets means you're wagering that a specific thing may happen on the upcoming toss. For example, you may make the 'hard ways' bet, which means that you're betting that the shooter will roll a four, six, eight, or ten by rolling a double. These wagers have a house edge of anywhere from 9 to 11%. This is a massive house advantage, and it's awfully abnormal that they hit.
Tie wager in Baccarat: This is a wager that no one, the dealer or the player will win, but that both hands will tie. This is an extremely abnormal occurrence in net Baccarat, therefore the casino advantage is high. At fourteenpercent casino edge, this is the quintisential definition of a sucker bet.
Insurance bet in Blackjack: Although chemin de fer has one of the smallest house advantages (and there is also a tonne of talent involved), this is a sucker wager. Depending on how many decks of cards are being used and the rules of the table, the casino edge of this is at least five %, but can be as big as 14%. Only very accomplished card counters are able to make this bet work for them, and more often than not then it's still a sucker wager.