What is a sucker bet in gambling?
The short answer
A bet with terrible odds where the house edge is huge.
Watch the lesson
Play the Sucker Bet videoBetting slang explained
Knowing the language is step one — knowing the true price is the edge. The Cold Line’s signal desk tracks the no-vig fair number and the closing-line value behind terms like this, before the market moves.
In plain English
A bet built to look fun and priced badly. The payout is loud and the edge against you is enormous.
What to remember about Sucker Bet
The definition
A bet with terrible odds where the house edge is huge.
In plain English
A bet built to look fun and priced badly. The payout is loud and the edge against you is enormous.
Example in context
"That 10-leg parlay is a sucker bet."
Check yourself
Term quiz
Check yourself: Sucker bet
1.A sucker bet is…
2.What usually makes a bet a sucker bet?
3.A long-shot parlay pays 500 to 1. How should you judge it?
Keep learning
Explore the next question before you place a bet.
Put the concept to work
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