Underlay Meaning – A Bad Casino Wager You Should Try to Avoid
Underlay is a casino slang term referring to a bad wager that you should preferably avoid placing. This is because an underlay is an unprofitable wager in which the odds are heavily in the casino’s favor.
You can find obvious examples of underlay in craps, where you can place bad bets like Any 7 (16.67% house edge) and 2, 12 bets (13,89% house edge). These are considered some of the most unfavorable bets you can place in a casino.