Look folks, a sucker bet is a bet made for and generally appealing only to suckers, guys without enough moxie to really know whats up.
In other words, I'm the dictionary definition of a sucker and Las Vegas was built on guys like me.
Betting on the horses is definitely a suckers bet/ snicker bet.
So pretty much big six/big eight, or field with 2x 12/2 fit the bill perfectly.Quote: Wizard
Much like pornography, I don't know exactly how to define a "sucker bet," but I know one when I see it. Factors to consider are:
1. House edge.
2. Variance (I think it is reasonable for a higher variance bet to carry a higher house edge.)
3. Whether it is a side bet or the primary game.
4. Availability of a similar or same bet at better odds.
5. How long the bet stays active.