Finally there is always the promotions, which is an amazing way to add value to your bets, and that could work in the player favor.
Take the example of the Tipster Championship, sponsored by directbet. We are now in our XI, edition, and you keep your profit, and you win prizes (100mBTC are actually almost guaranteed, as long as you fulfill the requirements of the competition). So it's really a great value, meaning that the house wins as they should, it's their business, but the player can win to.
if house doesnot win then players will never be paid and never such competitions will be there.Ofcourse in small time spam player can win and promotions are only attractive to wager and for creating addiction to gambling but in long run house has to win and it always wins so only house provides free giveaways through competitions... to players.And that is one of the reason why directbet is alive and expanding after 3-4 yrs.
Directbet started with only sportsbook with few sports then poker then dice and now even the casino all this possible only because house always wins
Just one correction. I'm not a member of directbet. They are the official sponsors of our competition for quite a long time now, and we work together to manage the competition the best way possible.
Now about the topic in question. I never said the house does not win. They should win, if they manage their book well. I don't have a clear insight how it all works, but I do believe it's what many users already said here in the forum. They provide the odds, if their book is well made, they should win no matter what.
What I said, and like many users also said, and I still believe in it, is that players can actually profit from sports betting if they are good at it. We do have pro bettors, like we have pro poker players. Those guys win long term.
Even for those that are not pro players, they sure have their life made a little easy with promotions like our competition.
Check the prizes in our Hall of Fame. That is extra value to their bets, and no one can deny that. That's all I said, and in an independent manner. Just my opinion, not a "promotion".