All Casinos Are Business Enterprises, And The Primary Goal Of Any Business Group Is To Make a Profit, It Is Essential To Understand That The Only Way Casinos Make a Profit Is When a Player Loses His Money. There Are Bets That Either Has a Very High Casino Advantage Or There’s Another Way You Can Make The Same Bet By Offering The Casino Less Of An Edge, a Smart Gambler Knows Which Kinds Of Bets To Play And What Types Of Bets To Avoid. Let Us Look At Some Of The Standard Casino Bets To Stay Aware Of.
The Live Keno Bet
This Is a Game Which Has Over a 27% House Edge When We Say Live Keno, We Mean Actually Played In a Keno Lounge. It Used To Be Much More Popular Back In The 80s And 90s Than It Is Now, But You Can Still Find It At a Few Casinos. It’s a Prolonged Game Which The Casino Likes To Make Their Money From, So They Have a Very High House Edge, Now This Is Not To Be Confused With Electronic Keno.
If You Go Up To One Of Those Game King Machines, They Have The Regular Keno, The Multi-Card, The Cleopatra And The Caveman Keno That’s All Not As Bad As Live Keno It Only Has About a 10% To 12% House Edge Which Is Still Pretty Bad But Not As Bad As Live Keno.
The Blackjack Insurance Bet
If You’Re Not Familiar With Blackjack, The Insurance Bet Is a Side Bet Where If You Have Your Initial Wager Out, You’Re Playing Your Hand If The Dealer Deals The Cards. Then They Show That There One Up Card Is An Ace They’Ll Ask The Table If They Want Insurance And The Way The Insurance Bet Works Is You Have Your Initial Bet, Say You Were Betting Ten Dollars On The First Hand The
Dealer Has Their Ace Up They Ask The Table If You Want To Take Insurance Which You Shouldn’t Do As You’Ll Have To Put Out Half Of Your Initial Bet. The Dealer Checks Their Cards To See If They Have a Blackjack, If They Don’t Have a Blackjack You Lose Half Of Your Initial Bet. The Reason Insurance Is Terrible Because The Only Way Your Insurance Bet Is Going To Win Is If The Dealer Has a 10 In The Hole And 10s Only Make Up About 1/3 Of a Deck Of Cards, So The Chances Of You Winning That Bet Are Less Than Chances Of You Losing
Conclusion
The Casino Is Not a Place Where You Wander About Aimlessly, And It Is a Place Where Experienced Players Sit Down On a Table And Try To Win From The Casino, Which Rarely Happens. It Is Crucial That You Know About All Kinds Of Bets, Both Advantageous And Disadvantageous Of The Game You Will Be Playing, This Will Help You In Becoming More Professional And Confident In That Particular Game.