- Proposition bets in Craps: These Craps wagers refers to the fact that you are betting that a distinct action may arise on the next roll. For example, you might make the ‘hard ways’ bet, which basically means that you are betting that the tosser will toss a 4, 6, 8 or 10 by tossing a double. These bets have a house edge of anywhere from 9 to 11%. This is a huge casino edge, and it is awfully rare that they hit.
- Tie bet in Baccarat: This is a bet that no one, the house or the player will come out on top, but that both hands will tie. This is a very rare occurrence in net punto banco, therefore the house edge is high. At fourteenpercent casino advantage, this is the quintisential definition of a sucker bet.
- Insurance in Chemin de Fer: Although black jack has one of the lowest casino advantages (and there is also a tonne of skill involved), this is a sucker bet. Depending on how many decks are being played and the rules of the table, the house edge of this is at least five %, but can be as great as 14%. Only extremely experienced card counters are able to make this wager work for them, and more often than not then it remains a sucker wager.
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