A good rule of thumb is to realize the side bets on any casino games are sucker bets. All of them carry a high house edge. Sometimes players have an “it’s only a dollar, so why not gamble” attitude. Remember that over the course of a year, those dollars add up and will cost you more than you think.
The speed of a game can hurt the player.
The faster the game, the more your money is exposed to the house edge. Roulette has a high house edge, but if you play at a full table, you will only get about thirty decisions per hour.
Any new rule changes on existing casino games are not good for the player. They are made to increase the profits for the casino. Some casinos on the Las Vegas strip are paying six to five for a natural blackjack instead of three to two. This increases the house edge by 1.5 percent.
The average return on slot machines around the country is 92 percent. Some casinos have a few machines set to pay back 99 percent. Most states have laws that specify the minimum payback that the machines can be set to.
You have better odds of being struck by lightning than you do for winning one of the big progressive jackpots. Since a portion of the money played is allocated towards the progressive jackpot, the returns on these machines are even lower than the average. Unless you hit the big jackpot, you are just donating money to the eventual winner.
The game of sic bo is the equivalent to the big six wheel. It is a game played with three dice in a cage. Instead of betting on dollar denominations, you are betting on dice combinations. The house edge on some of these bets is as high as 48 percent.
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