Live Casinos. Bad Live Casino Bets·26.08.16
As we know, live casinos always have an edge over players. But the house edge depends not only on the game itself, but also on the bet type. All games offered at live casinos have certain types of bets that significantly increase house edge. Usually, they are side bets that are not obligatory, but players for some reasons keep placing them.
For example, there is a blackjack insurance bet. Despite the fact that there is no strategy suggesting gamers need to buy insurance bet, blackjack players still pay for it. By doing this they ensure additional profit going to live casinos. There is a similar type of bet in craps. It is called Roll Bets and is increasing house edge to 16%. To be honest, it's hard to understand players who choose to place such bet.
Besides bad bets, there is a number of unprofitable games. The most obvious of them is keno. This type of lottery gives casino 25% edge and sometimes even more. So, you better think twice before taking part in keno. American roulette is also quite unprofitable. And although even money bets at live casinos give comparatively small house edge of 5.25%, there is a European roulette with twice lower casino edge.
Baccarat is another popular live casino game. It has a tie bet that increases casino edge to 14%. This too can't be called an acceptable option. There are also certain doubts over a gamble feature that many casino slots have. Despite the fact that theoretically players have 50% chances to win, in reality it's often not true.
Generally, there is one quite simple rule stating that players at live casinos should place only standard bets. Various side bets usually can't promise players anything good.