If I remember right, the house edge on all bets combined comes out to about 4%. Which is par for the course when it comes to Games at Vegas.
Keno. Now that's a nasty huge losing game. Like 12% house edge.
The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes