When it comes to the world of online gaming, there is certainly no shortage of available bets. In fact, there are thousands of different wagers that you can make in online casinos when every game is taken into account. Of course, not all bets are created equally, and some feature terribly-high house edges. This being said, you'd do best to avoid the worst online casino bets, and here's a look at what to watch out for.

Caribbean Stud Jackpot Bet

Everybody loves playing for a jackpot. However, playing for jackpot prizes becomes a little less fun when it comes to Caribbean stud poker because many of these jackpot bets carry around a 25% house edge. So if you want to win a big prize, stick to going after online slots jackpots.

Baccarat Tie Bet

Online baccarat is one of the easiest games there is because you can use optimal strategy simply by betting on the banker hand to win; this puts you at a 1.06% house edge. Taking this into account, there's no reason to break the mold by betting on the banker and player hands tying because tie wagers give the house a 14.4% edge.

Blackjack Insurance Bet

Online casinos generously offer players insurance when the dealer's upcard is an ace. Assuming the dealer gets a blackjack, you'll receive half of your money back. However, this is a sucker bet because the dealer won't have a blackjack the large majority of the time, and you'll frequently lose half a bet. Going further, blackjack insurance gives the house an 8% advantage.

Craps Prop Bets

Sometimes it gets boring making the same craps bets such as pass line, don't pass line, come and don't come, which all feature a 1.40-1.41% house edge. But if you're bored with the best craps bets, don't start making prop bets because some give the casino a monster advantage. For example, the "Any 7," wager holds a 16.7% house edge.

Any Keno Bet

Do you trust that you'll ever win the lottery? Most people don't think that they'll get this lucky, which makes it even stranger that the same people would play keno. After all, keno is somewhat like the casino's version of the lottery, and its odds are nearly as bad. In some cases, you'll be dealing with a 25% house edge in keno.