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What is the safest bet in a casino?
Now look at the big wheel of fortune, where you bet on whether the wheel will stop on $1, $5, $10, $20 or a joker. Here the house edge is a whopping 11% when you bet that the wheel will land on a $1 mark–the safest bet in the game. (You can double your money, but the odds of winning are only 44%.)
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What makes baccarat dangerous for casinos is that, due to the large amounts of money bet and the thin house edge, players have the potential to win serious money at the casino’s expense. So if a guy is betting $10,000 a hand, he could conceivably win $1 million from you.
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