The Riskiest Casino Games: How to Gamble Wisely

The games at real money casinos should be fun, but they can be very expensive if you’re not careful. Whether you enjoy poker or slots at an Australian online casino some games are riskier than others – and all the more fun because of it. Before you start playing any game in a casino, there are several things to consider so that you minimize your risk while maximizing your chances to win.

For real money gamblers, it’s no different than for stock market investors who should carefully consider market conditions before making their next move. We explore some of the riskiest casino games to play. We’ve also been keen to touch on a few clever tips to help you gamble wisely.

The Riskiest Casino Games: How to Gamble Wisely

The Most Risky Casino Games

  1. Blackjack
  2. Craps
  3. Roulette
  4. Baccarat
  5. Slot machines


Blackjack is one of the most popular games you will find in most casinos today. You will find the game available in most casinos whether they specialize in table games or not. Blackjack doesn’t require much in terms of strategy, so you’ll generally rely on luck to win this game. Like many games based on chance, your odds of winning are slightly lower than if you were playing using proper blackjack strategy (the advantage is small, though, and most players aren’t familiar with proper strategy).

The biggest disadvantage for the player comes from the fact that it’s possible to bust or go over 21 and lose immediately. You can also draw cards that enhance your hand but potentially put you into a situation where going over 21 will cause you to bust – like drawing an ace when all other cards are tens (a very likely scenario, especially if you’re playing with a low budget).


Craps is one of the most common casino games and perhaps the only game which has its own unique language (don’t worry, we won’t judge you if you can’t decipher it). The game involves rolling two dice, and each combination of numbers on the dice carries different odds for the player. For example, you will win more money with 7 than any other number because seven comes up on average every six dice rolls. But don’t be too alarmed; there are many combinations that payout less often than others. 

This means that your chances of winning are actually lower than at Blackjack, where card counting isn’t possible for any given role. The game comes with lots of betting options which can lead to confusion and a high house edge. The game also relies on dice-rolling, and hence your luck is mostly a vital factor at play here, but it’s fun, so perhaps that’s all that matters.


The roulette wheel has been around for centuries and has always been one of the most popular casino games in every single casino. Roulette is a very simple game to play: just place your bet, spin the wheel, and if your number comes up, you win! Sounds easy, right? We should mention first that despite what some people may believe about playing inside or outside bets (like even or odd numbers), the odds aren’t actually significantly different between the two. 

Secondly, the odds are stacked against you – not to mention that betting on individual numbers is generally a bad idea because the house edge is too high. The roulette wheel doesn’t have any unique strategy involved for players but does require some luck. The game also involves very little skill and equally few decisions – it’s all about waiting for your number to come up.


The game of Baccarat has its origins in the Italian Renaissance, and if you had asked anyone why they play this game, they would probably tell you how beautiful and elegant their experience was rather than what their strategy was. This calm nature makes baccarat a nice change from most other casino games, which rely heavily on chance (luck) with little to no skill required.

The game is about chance, but the house edge is generally considered lower than roulette. The game also gives you three options to bet on – banker, player, or a tie – which involve different odds. You can place these bets by either placing chips directly on the table or with the help of your smartphone, thanks to apps like Baccarat Live Dealer.

Slot Machines

Slot machines are everywhere in casinos and tend to be very addictive. Despite their simplicity, lots of people lose money at slot machines because they make poor decisions when playing them (or simply don’t know how). Slot machines are never found without another casino game nearby since it’s more fun for players if they have something else to do between spins. The main problem with slot machines is that they are hardly based on any strategy, and the odds are always against you. 

If you play long enough, the house edge ensures you will lose money over time (how much depends on which machine you’re playing) – so there’s no need even to check your chances of winning. To make matters worse, these games take away control from players because outcomes depend entirely on luck rather than skill or knowledge. Thus, if something sets off a chain of wins for you at the slot machine, it’s only because lady luck has smiled upon you and not because there was anything else behind it. The best way to describe this game is “easy-to-play hard-to-win.” 

How to Gamble Wisely

There are countless other casino games out there, but if you want to play them without making any mistakes, be sure to do your research first. If you’re expected to make some decisions, look up strategies and learn which bets are worth it and which aren’t. Don’t only rely on chance and know when to quit while you’re ahead. This way, you’ll enjoy your gambling experience without feeling like it’s unfair or that the odds were stacked against you. Here are three more tips for having fun at the casino without losing money.

  • Treat gambling as a form of entertainment 
  • Read up on strategies or watch tutorials
  • If you’re feeling drained, take a break 

To conclude, we’ve seen some of the riskiest casino games out there and why they deserve this title – so if you don’t want to go home with less money than you started out with, be sure to only play these games with the money you can afford to lose. However, even though we’ve outlined the pitfalls of each game, in particular, there is no ultimate strategy for avoiding mistakes when gambling because every person is different from the next one. The general advice is always to keep your mind clear, do as much research as you can, and only gamble with what you can afford to lose.

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