Konstantin
Konstantin
Joined: Jul 19, 2011
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October 15th, 2011 at 7:33:27 PM permalink
I recent found out about Station Casino's million dollar parlay cards. As far as I can tell, you bet $5 on a 20 team parlay, and if everything hits you get $1,000,000. A fair return on that bet is $5,242,880, making for an astounding 81% house edge. I have never, ever seen a bet anywhere near this bad anywhere, even the worst state lotteries have about a 70% house edge. Has anyone seen anything worse than this?
cardcounter
cardcounter
Joined: Oct 15, 2011
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October 15th, 2011 at 7:47:12 PM permalink
Not betting the maximum on a first card is an ace coupon. Is the worst no bet I have ever seen! Player advantage 46%.
Johnzimbo
Johnzimbo
Joined: Sep 29, 2010
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October 15th, 2011 at 7:53:39 PM permalink
Quote: Konstantin

I recent found out about Station Casino's million dollar parlay cards. As far as I can tell, you bet $5 on a 20 team parlay, and if everything hits you get $1,000,000. A fair return on that bet is $5,242,880, making for an astounding 81% house edge. I have never, ever seen a bet anywhere near this bad anywhere, even the worst state lotteries have about a 70% house edge. Has anyone seen anything worse than this?



Is there no payout for hitting 19 of 20?
rdw4potus
rdw4potus
Joined: Mar 11, 2010
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October 15th, 2011 at 7:56:23 PM permalink
I think the powerball is about as bad. 80ish% HA with the base $10M cash option ($20m annuity).
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Wizard
Administrator
Wizard
Joined: Oct 14, 2009
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October 15th, 2011 at 8:01:53 PM permalink
The pick-10 Stimulus keno ticket at Harrah's Las Vegas. House edge of 96.63%. I wrote about it in my review.

This does not count carnival games I've seen like Razzle Dazzle and cow poop bingo.
It's not whether you win or lose; it's whether or not you had a good bet.
rdw4potus
rdw4potus
Joined: Mar 11, 2010
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October 15th, 2011 at 8:09:33 PM permalink
Also, Nareed's lottery:)
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
Nareed
Nareed
Joined: Nov 11, 2009
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October 15th, 2011 at 9:05:27 PM permalink
Quote: rdw4potus

Also, Nareed's lottery:)



Thanks.

The problem is selling it.
Donald Trump is a fucking criminal
Username
Username
Joined: Nov 2, 2011
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November 2nd, 2011 at 5:34:34 PM permalink
Doubling down on a hard 16 against a 9. Can't say that was the best bet I've ever seen made.
dm
dm
Joined: Apr 29, 2010
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November 3rd, 2011 at 11:25:16 AM permalink
Just in general people forget to double. They might hit 11 v 6 and maybe double something later. Not knowing the bet is even available is obviously even worse.
kp
kp
Joined: Feb 28, 2011
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November 3rd, 2011 at 11:52:36 AM permalink
The Kardashian wedding?

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