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Topic: What is more risky. Sport or casino bets ? - page 19. (Read 27667 times)

hero member
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If a person is knowledgeable on sports betting then I can say, Casino bets  is far more riskier.  We all know that Casino bets like dice,  roulette and lottery are all relying on its internal setup thus we cannot mitigate risk on these games while sportsbetting,  factors that will change the course of the game can be known if we do a lot of research on the competing team.
I also agree with you. Sports betting can make a person to win if he have skills and knowledge while casino betting is also better but in that ot every person win but only those people win who have a very high experience in casino betting and is considered as a professional.
sr. member
Activity: 1372
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If a person is knowledgeable on sports betting then I can say, Casino bets  is far more riskier.  We all know that Casino bets like dice,  roulette and lottery are all relying on its internal setup thus we cannot mitigate risk on these games while sportsbetting,  factors that will change the course of the game can be known if we do a lot of research on the competing team.
hero member
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I think they have the same risk.  You cannot mitigate risk on both game once you start your bet.  It is either win or lose, we cannot do lost cutting just like in trades.  Though they have different setup, they still affected by chance and possibility and that makes them (risk) the same in my point of view.

They have the same risk but for me the risk with sports betting is way lighter. In casino bets, it's hard to depend on it because most of the time the games are always depending to the house. In sports betting, you can have the advantage as the game you are betting is not that manipulated by the house.
The house edge is never manipulate anything by the way.
It is just your feeling when it comes to a provably fair games , people tend to feel unpleasant and unsatisfied with the lost.
Where in sportsbetting you did not feel like that , that is what i am feeling.

If you think that there's no manipulation that is being done by the house. When it comes to the favor, almost all the favor from the luck based games are coming from them. So if you know what I'm saying about that, you'll get it and yes, it is my feeling when it comes to provably fair games.
hero member
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Both are risky as you cannot be sure that you will win in either of them as the main factor to win money in gambling is luck and its very simple logic if you are lucky you will win or you will be sitting at loosing end.

They are both risky but in sports betting the risk is lesser. If you are smart enough to do some, analysis before the decision of your bets. In most of the casino best or games it is depending on the games that you are playing, there are some that are good only for luck or they are totally luck based which has higher risk.
sr. member
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I believe Casino betting is more riskier compared to Sports betting, with sports betting you can research and and pick the suitable bets and have a greater chance of winning rather than Casino betting which are sometimes rigged. But casino betting yields far greater profits and thats why its more riskier. More risk more rewards as the saying goes.
legendary
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casino is way harder.

at least in sports you might be able to predict a safe bet.
no such thing with casino bets

Even I don't have enough knowledge on the teams that have the upcoming match. I can have an intelligent guess for them but only for those teams that I'm familiar with.
I find it hard to bet too with casino bets, so my choice is sports bet.
Sports betting is very dangerous because its rather much addictive and you get a hang of sports betting once you start betting that way. I have been gambling since a long time but I never got addicted with that dice or slots game but once I was predicting sports I was just becoming crazy and made bets that I don't wanted to make but since I feel my country's team would win I bet.

Match fixing may kill the spirit of sports betting gamblers. It is happening with almost all sport events. But making profits beyond these difficulties also might give good feel to any gambler.
hero member
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hello,

What is your opinion bout this.

If for example one match of basketball game ratio is 1.05, so it means it's 95% to win.  VS casino game like dice which is also 95% chance to win.
Which one is more risky ?

If the basketball game has odds of 1.05 that usually means that the actual odds of the team winning is around 20-40% somewhere around there, based on my own experience with casinos. Even if a team has just scored 4 points in a short span in basketball could change the odds from 1.15 to 1.05- the bookies have to put lower odds so that they make a profit and that they protect themselves if suddenly another team makes a huge ass comeback. So the odds they offer aren't exactly the chances of a team winning.

I'd say that sports is always more risky because you get less favourable odds. With provably fair dice at least you know that you're not getting ripped off and the house edge is always 1%, compared to sportsbetting where the odds for a 50/50 game could be 1.7-1.7.
In a way you are right since sports betting has worst odds than dice,  since most dice games have an edge of 1% or lower while in sport betting the lower house edge I have seen is something around 3% and I have seen a house edge as large as 15%.

You cannot really consider that as house edge in sports betting. Though, yeah, they have house edge but it is just also 1% as you have to compute for the difference of the odds if you bet on both sides. It's rather complicated to discuss, but generally they do have house edge but not very big at all.
To begin with many sites will not allow you to bet on more than one side of the same bet, they have a policy against it, that means that if you want to do it you will need to find a way to get around that and second it does not matter if you bet on only one side or both you are still facing the very same house edge.
legendary
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I think they have the same risk.  You cannot mitigate risk on both game once you start your bet.  It is either win or lose, we cannot do lost cutting just like in trades.  Though they have different setup, they still affected by chance and possibility and that makes them (risk) the same in my point of view.

They have the same risk but for me the risk with sports betting is way lighter. In casino bets, it's hard to depend on it because most of the time the games are always depending to the house. In sports betting, you can have the advantage as the game you are betting is not that manipulated by the house.
The house edge is never manipulate anything by the way.
It is just your feeling when it comes to a provably fair games , people tend to feel unpleasant and unsatisfied with the lost.
Where in sportsbetting you did not feel like that , that is what i am feeling.
If a gambler understand what he is doing he will not think it is manipulated, in fact that house edge is present in any casino because it is their edge that's why they stay in the business. Our chance to win is only when we are lucky and we all have that, choose your game but always accept that you have no chance in the long run betting on games with house edge.
legendary
Activity: 1050
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I think they have the same risk.  You cannot mitigate risk on both game once you start your bet.  It is either win or lose, we cannot do lost cutting just like in trades.  Though they have different setup, they still affected by chance and possibility and that makes them (risk) the same in my point of view.

They have the same risk but for me the risk with sports betting is way lighter. In casino bets, it's hard to depend on it because most of the time the games are always depending to the house. In sports betting, you can have the advantage as the game you are betting is not that manipulated by the house.
The house edge is never manipulate anything by the way.
It is just your feeling when it comes to a provably fair games , people tend to feel unpleasant and unsatisfied with the lost.
Where in sportsbetting you did not feel like that , that is what i am feeling.
hero member
Activity: 714
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Both are risky as you cannot be sure that you will win in either of them as the main factor to win money in gambling is luck and its very simple logic if you are lucky you will win or you will be sitting at loosing end.
sr. member
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Casino bets are more risky in compare to sports bet as the outcome of casino bets is depended only on luck and you will win the game only if you are lucky and no strategy can help you in winning in casino games on the contrary sports betting is less risky and there is always an opportunity to make money from it.
hero member
Activity: 3108
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Leading Crypto Sports Betting & Casino Platform
I think they have the same risk.  You cannot mitigate risk on both game once you start your bet.  It is either win or lose, we cannot do lost cutting just like in trades.  Though they have different setup, they still affected by chance and possibility and that makes them (risk) the same in my point of view.

They have the same risk but for me the risk with sports betting is way lighter. In casino bets, it's hard to depend on it because most of the time the games are always depending to the house. In sports betting, you can have the advantage as the game you are betting is not that manipulated by the house.
legendary
Activity: 3010
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I think they have the same risk.  You cannot mitigate risk on both game once you start your bet.  It is either win or lose, we cannot do lost cutting just like in trades.  Though they have different setup, they still affected by chance and possibility and that makes them (risk) the same in my point of view.
legendary
Activity: 2744
Merit: 1174
Sports betting is much harder to chest since you have to get the whole team in in it and thst won't be so easy. There is nothing like thst with s cheating casino. Its sad though thst we even have to worry a out these things. Games should be played for fun and if you going to bet on thst fun it should be fair too.
What? Have you ever heard of other sports like boxing or tennis. You don't have to get the whole team anywhere. Also in team sports you can also bet on single players, like who will score or how will the goalkeeper do in a team. The possibilities are endless and sports betting is much safer than playing games like dice or roulette, but it requires some knowledge and you have to use your brain to make a bet.
legendary
Activity: 938
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For my opinion i think the more risky is the casino, because the casino you cannot predict the result. Actually im not going in casino  but i heared it in my neighbor because they always wanted to go in the casino and they always lossing their money in betting the game.

Both type of gambling are equally risky. It depends on the amount you are wagering on the game. No matter what type of gambling you are playing, the results are difficult if not impossible to predict.
You can try to analyse sports gambling but you will not get it right 100% of the time.
That's true but factually casino bets are much more risky since you don't have any idea where the result might go and the bet's result are also determined quite quickly as compared to sports bets. Sports is a bit pity because it has higher house edge, so yeah both are risky in their own ways but if you ask me sports is better since the results are delayed and long.
hero member
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It is casino bets that most risky than sports bet.Because in sports bet you can use some skill and analysis,but in casino it is pure luck and you have no option to use skill or analysis.

You have a valid point. In general, the whole Casino betting is pretty tough to strategize if  the system is not known already. Since most Casino games could get configured into a game that anyone could learn then win a whole bunch of money it is pretty safe to say that the casino games are usually rigged to be against the average gambler.

Sports Betting is much easier to see if there is any rigging going on because most players have signs that they show when they aren't into the match.

Sports betting is much harder to chest since you have to get the whole team in in it and thst won't be so easy. There is nothing like thst with s cheating casino. Its sad though thst we even have to worry a out these things. Games should be played for fun and if you going to bet on thst fun it should be fair too.

With sports betting, you have a lot to look into in order for you to make a good prediction of the results. You can study the stat sheet, the player and team profile and previous games played. It would be easier if you're a sport fan because you'd be interested in all these things already. Compared to casino games, you wouldn't have the luxury of going through all those information and you mostly would be relying on pure luck
hero member
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It is casino bets that most risky than sports bet.Because in sports bet you can use some skill and analysis,but in casino it is pure luck and you have no option to use skill or analysis.

You have a valid point. In general, the whole Casino betting is pretty tough to strategize if  the system is not known already. Since most Casino games could get configured into a game that anyone could learn then win a whole bunch of money it is pretty safe to say that the casino games are usually rigged to be against the average gambler.

Sports Betting is much easier to see if there is any rigging going on because most players have signs that they show when they aren't into the match.

Sports betting is much harder to chest since you have to get the whole team in in it and thst won't be so easy. There is nothing like thst with s cheating casino. Its sad though thst we even have to worry a out these things. Games should be played for fun and if you going to bet on thst fun it should be fair too.
hero member
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casino is way harder.

at least in sports you might be able to predict a safe bet.
no such thing with casino bets

Even I don't have enough knowledge on the teams that have the upcoming match. I can have an intelligent guess for them but only for those teams that I'm familiar with.
I find it hard to bet too with casino bets, so my choice is sports bet.
hero member
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For my opinion i think the more risky is the casino, because the casino you cannot predict the result. Actually im not going in casino  but i heared it in my neighbor because they always wanted to go in the casino and they always lossing their money in betting the game.

Both type of gambling are equally risky. It depends on the amount you are wagering on the game. No matter what type of gambling you are playing, the results are difficult if not impossible to predict.
You can try to analyse sports gambling but you will not get it right 100% of the time.

Both are at risk. But we certainly know that casinos are impossible for us to at least imagine which ones would benefit us. Everything is 100% dependent on luck. While in sport betting we can enlarge our chances to win. Sport betting is never 100% dependent on luck because we can analyze it first.
Not only both but all gambling type have a risk. IMO, analyze only helps us a little maybe just a coincidence that makes us think analyze is helpful in sports gambling. Actually have such thoughts that are very dangerous because without realizing we have confidence and it will make you addicted to the game.


Any investment has a risk, it wouldnt be an investment if it didnt but as I said before there are plenty of people that are professional bettors and they are able to make a lot of money with sport betting, there is an article about one of them and he says he had weeks where he would make 10k $ and weeks where he would lose a lot of money as well but he is definitely able to make profit from it long term.
Its not easy and it takes more than what people think, its not just analyzing lightly, it requieres deep analisis and knowledge
legendary
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For my opinion i think the more risky is the casino, because the casino you cannot predict the result. Actually im not going in casino  but i heared it in my neighbor because they always wanted to go in the casino and they always lossing their money in betting the game.

Both type of gambling are equally risky. It depends on the amount you are wagering on the game. No matter what type of gambling you are playing, the results are difficult if not impossible to predict.
You can try to analyse sports gambling but you will not get it right 100% of the time.

Both are at risk. But we certainly know that casinos are impossible for us to at least imagine which ones would benefit us. Everything is 100% dependent on luck. While in sport betting we can enlarge our chances to win. Sport betting is never 100% dependent on luck because we can analyze it first.
Not only both but all gambling type have a risk. IMO, analyze only helps us a little maybe just a coincidence that makes us think analyze is helpful in sports gambling. Actually have such thoughts that are very dangerous because without realizing we have confidence and it will make you addicted to the game.
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