As many players have learnt the hard way, one of the most important skills a gambler acquires is the ability to place their bets wisely and avoid risky bets that could lead to disaster. In the casino world, there are some bets that should just be a no-go, like insurance bets and side bets for example, so before you start wagering your hard-earned cash, here are two bets you should really avoid when you play 666 Casino games!
Baccarat: The Tie Bet
The two hands which are dealt in the popular casino game baccarat comprise player’s hand and banker’s hand and everyone is able to bet on either one of these two hands. In Baccarat, the banker is successful more often than the player and as a result, the person who is the maker must pay the house a commission of 5% whereas player hands don’t have the 5% deducted.
The player has a house edge of 1.06% and the banker slightly higher at 1.24% but there is another option where players can wager that the two hands will tie. This bet has odds of 8-1 so if you win this bet it’s a great way to make big money from a single bet – however, the house edge on this bet is significantly higher at 14.4%, making it a very risky bet and one to avoid, especially when you have the choice of the other two bets who significantly lower house edges.
Roulette: Five-number bet on double zero
This bet only applies if you’re playing the American roulette wheel which has a double zero, the European roulette wheel only has a single zero. Players can place their bets on zero, double zero, 1, 2 and 3 all at the same time and the payoff for this would be 6-1, making the house edge 7.89%, 1.5 x the house edge of 5.26% of bets available to players. Players can place their bets on these five numbers (zero, double zero, 1, 2 and 3) and benefit from a lower house edge in various other ways.
For example, if Player A bets £5 on the fiver number bet and Player B bets £1 on zero, double zero, 1, 2 and 3, both players risk the same amount on each spin. If the wheel was spun 38 times and every number came up once, both players would have bet a total of £190.
On every one of the five winnings spins, Player A would get their £5 back as well as £30 winnings. At the end of the spins, Player A would end up with £175 of their total £190 wager. Player B however, who bets single numbers have odds of 35-1 so on each win Player B would get £1 bet returned on the winning number as well as £35 winnings, giving Player B a grand total of £180 out of their original wager of £190 – meaning Player B is £5 better off than Player A.
The bottom line is to avid the five-number bet for a better house edge!