Games with highest casino house edge
When one gambles in the casino, there is an inherent system by which the casino has a predictably long term advantage of profits even though it makes large payouts to the winners in the short term. This is the house edge and for different games available in the casino, house edge varies. However for calculating house edge the hands per hour is also an important factor.
Some of the popular casino games on which when one bets, the house edge is very high include Keno (7 hands per hour) with house edge as high as 27%, Baccarat (80 hands per hour) having a house edge of 14.4% in case of a tie bet. Bonus bet for Caribbean Stud (40 hands per hour) is perhaps the casino game with highest house edge of 48% while bonus bet for Let It Ride (40 hands per hour) has 15-30% house edge. The game of craps with as high as 100 hands per hour also gives good house edge for the casinos with the hardways bet giving up to 16%.
Big Six Wheel is a gambling game where the factor of hands per hour is not considered. This casino gambling game has variations and the money wheel variant gives very high house edge. The gamblers get odds equal to the money they are laying for, e.g. a player who wagers $5 gets 5:1 odds and on winning gets $5 for staking $1, similarly $10 has 10:1 odds, $20 has 20:1 odds and the joker bet has 40:1 or 45:1 odds, varying from casino to casino.
For the joker bet in Big Six Wheel, the house edge stands at 24% while $5, $10, $20 bets give the an average house edge of16-22%; the $1 bet is also worth a tolerably high 11.1% house edge.
