• Progressive side wagers: Casino games such as Caribbean Stud Poker regularly contain one of these. You normally put a wager ($1 is the usual amount) to try to win a side jackpot that can be upwards of $25,000. Although big jackpots like these are extremely appealing, they’re also incredibly difficult to win. You might need to get a Royal Flush in order to hit this wager. Also, imagine this- you wager 20 hands and make the side bet each time. That’s $20 you should have used towards the actual game wager in place of a sucker wager. Just think about what you could have been able to win at a wager with more favorable odds using that $20.
  • Single number wagers in Roulette: This is completely true for American Roulette. The reason? American Roulette has 2 0’s on the wheel, unlike European Roulette, which has only one. This takes the complete casino edge from 2.63% with a single zero wheel to a whopping 5.26percent in American. The one number wager has just a one in 38 chance of winning, which are very big odds indeed. Try even-odd or black-red wagers instead which have a much smaller house edge.
  • Keno: Any version of Keno, and regardless of how you wager on it, the house advantage can be a whopping 25%. Yes, that is not a error. Due to the large amount of numbers you have to select, it isn’t recommended to wager on Keno to often. A number of times for enjoyment, perhaps. But do not waste all your cash on it or you will quickly discover yourself broke.