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Bad Casino Bets

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Casino Bets

While most of us know which casino bets to avoid like the plague, new players often place particularly bad bets. To clarify, when we say bad bet, we mean a wager which results in essentially handing money over to the casino. Bad bets, for us, are wagers which have a high house edge and a minimal chance of return.

Sometimes known as sucker bets, it used to be that only tourists in Las Vegas fell foul of these casino-friendly wagers. However, as online casinos are incredibly popular nowadays, more and more players are unwittingly placing bets which are low on skill and high when it comes to casino advantage. Below you’ll find out what we think are key bets to avoid.

Loss Chasing Bets

This sort of wager applies to any and all casino games. The worst type of bet you can place is any casino is one where you’re chasing your losses. If you’re experiencing an unlucky streak, simply walk away and take a breather, as placing aggressive wagers which you can’t afford will put you on a road to ruin.

Placing one Coin Bets on a Multiple Coin Machines

While this strictly isn’t a sucker bet, it’s pointless playing one credit on a multiple credit machine, as in order to receive the biggest return, you must wager the max credit. Multiple coin games such as video poker come in a variety of coin denominations, so if you can only play $1 on a game which has a max coin amount of $5, consider playing a 25 cents machine instead, where the max coin amount totals in at $1.

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The Effect of the Expenses Scandal on Gambling

Houses of Parliament

Houses of Parliament

Over the past few months, UK news coverage has been dominated by the so called expenses scandal. In May, The Daily Telegraph leaked details of the claimed expenses of MPs, ranging from second homes to duck houses. We were all equally outraged, shocked and disheartened by these revelations, which have effectively shook confidence in both the Government.

Then, we began to move on, swine flu, the unfortunate death of Michael Jackson and Wimbledon began to dominate news channels. However, I believe that, in the world of gambling at least, the publication of MPs' expenses has haulted progressive legislation and talks which could have helped soothe fears about match fixing in both football and at Wimbledon.

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As we reported back in May, Dr Ian Gibson, a former MP for Norwich North, had been asked by Sports Minister Gerry Sutcliffe to join a proposed UK gambling panel, which would maintain and monitor the integrity of sports betting. This was an area which Gibson had previously campaigned strongly in, noting that match fixing needed to be addressed by the Government.

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