What is more risky. Sport or casino bets ? - page 21.

LeoEspansq

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Quote from: Winner on May 20, 2017, 07:22:23 AM

Quote from: Shofiqul on May 18, 2017, 11:22:50 AM

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.

Of course sports betting is easier to predict, but only there is an accurate information about the players, and not rumors on the Internet.

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Quote from: Shofiqul on May 18, 2017, 11:22:50 AM

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.

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Quote from: Blackdeath on May 19, 2017, 03:49:39 AM

Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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 ?

None of them have lesser or greater risk since the probability of winning with these games aren't consistent and none of them has a greater winning or losing probability as there is no standard statistics in gambling.

that applies to gambling in general. but when you talk about sports betting, I think analyzing the statistics would make a while world of difference. of course nit all the time you'd come up with a correct prediction, but most of the time, you'll have a better idea of which would be safe to bet on. especially of you're a sports fan. that's different from card and roll games.

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Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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 ?

Basically what I look at in both side is influence! How much influence does the betting company have on my end result. For example, soccer game between Reims v Amiens in the French league today's. Does my sports bookmarker have any influence on the outcome of this match? No! Although match fixing is seen in a few match but you can't fix the whole leagues.

Now in sports the betting company obviously has no influence, so the profit factor remains my ability to pick good games.

While on the casino part, from wide study show that the casino always controls major factors in their betting systems and can also influence to a certain level your profitability. Now said that, why would I bet in a casino games?

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Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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 ?

None of them have lesser or greater risk since the probability of winning with these games aren't consistent and none of them has a greater winning or losing probability as there is no standard statistics in gambling.

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Quote from: LuanX3 on May 19, 2017, 01:28:27 AM

Quote from: South Park on May 18, 2017, 12:00:57 PM

Quote from: magneto on May 18, 2017, 12:04:36 AM

Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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.

As quoted house edge with sports events is quite low compared to the dice and Casinos. With sports betting the house edge varies with regards to the match situation and because of this most of the time users won't get a chance to bet on both sides and avoid the house edge. The odds were changed in a manner to small house edge.

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Quote from: South Park on May 18, 2017, 12:00:57 PM

Quote from: magneto on May 18, 2017, 12:04:36 AM

Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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.

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Quote from: magneto on May 18, 2017, 12:04:36 AM

Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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%.

Shofiqul

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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.

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Quote from: Dontme on May 17, 2017, 11:41:59 PM

It is more risky to bet on casino because it is all about fate and fortune also it is very unpredicable and easy to get loose while in sports, sometimes you can easily distinguish which team or player is more favorable and stronger. Thats why i think beting in casino is more risky.

It depends on what time of gambling people usually place bet if they placing bets for roulette or slot machine maybe fate and fortune will decide if then win or not coz its unpredictable everyone want the price ofcourse when you enter in casino maybe it will take your chances for 80% of chance of losing and 20% chance of winning.

Jewell

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Quote from: channingwilmer on May 16, 2017, 01:00:29 PM

casino bets are riskier than sports bet because you do not need to calculate or analyze much while playing in the casino. But in sport bet, everything is different since you have to make analysis if you want to win.

although every format of gambling is risky, even there is also risk in trading and investment. but in fact we have to minimize the risky by having good planing in gambling, even in casino games we much have good planing about gambling, although we are totally depending on our luck in casino games but still of you have proper planing for that then you can minimize the risk of losing money in gambling. to me i think casino bests are more risky as compare to sports gambling.

grermezter

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I think casino bets are very risky compared to sorts bets, with sports betting you can win if you carefully analyze the team's that are going to play. You will have as greater chance of winning and even choosing the best betting option that suits you.

magneto

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Quote from: dossantosleite on April 20, 2017, 01:19:45 AM

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.

Dontme

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It is more risky to bet on casino because it is all about fate and fortune also it is very unpredicable and easy to get loose while in sports, sometimes you can easily distinguish which team or player is more favorable and stronger. Thats why i think beting in casino is more risky.

Stedsm

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Sports betting seems to be less riskier compared to gambling your money into casino where everything is completely based on luck and no skills would work. Sports betting includes analysis and research about your team or player whatever you bet on, whereas casino gambling has everything luck based and nothing has been found to be considered as a skill to win in casinos.

ViceOfBTC21

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Every type of gambling has risk, but sports betting are less risky because we need to use your sport skill. It's still better bet than betting in casino, for example roulette or blackjack. I think poker is least risky type of gambling since it is 90% skill 10% luck in long term. Also you don't play poker against the house, you play against other players. Video poker and all against-house poker games are an exception. Realistically all casino games are made -EV.

Noctis Connor

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All types of gambling are risky because its part of money to use to gamble and if you don't know that less risk then try to sport betting but you will become a analysis there and also try to watch the odds first before placing bets'

wuvdoll

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Quote from: South Park on May 17, 2017, 12:25:20 PM

Quote from: channingwilmer on May 16, 2017, 01:00:29 PM

casino bets are riskier than sports bet because you do not need to calculate or analyze much while playing in the casino. But in sport bet, everything is different since you have to make analysis if you want to win.

When you play any of the casino games you are playing under the house rules, but there is not much you can do to affect the chances when you play almost any of the games, but in sports betting you can choose the match in which you are going to bet so it is possible to be able to spot some odds that could be favorable to you.

Yes, the influences of gambling house into sports betting is low as their income is somewhat fixed whereas with other types of games, they will be having variable income chances hence their influences will be more. This may be the reason I do find sports betting is profitable similar to player vs player games.

But sports betting has some inevitable risks like match fixing and unpredictable performances of players. Still gamblers here are sharing sports betting is more profitable to them. This simply shows which has more risks.

South Park

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Quote from: channingwilmer on May 16, 2017, 01:00:29 PM

casino bets are riskier than sports bet because you do not need to calculate or analyze much while playing in the casino. But in sport bet, everything is different since you have to make analysis if you want to win.

When you play any of the casino games you are playing under the house rules, but there is not much you can do to affect the chances when you play almost any of the games, but in sports betting you can choose the match in which you are going to bet so it is possible to be able to spot some odds that could be favorable to you.

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Quote from: cotton ball on May 17, 2017, 09:15:38 AM

Quote from: poplolnman on May 16, 2017, 05:14:59 PM

Quote from: channingwilmer on May 16, 2017, 01:00:29 PM

casino bets are riskier than sports bet because you do not need to calculate or analyze much while playing in the casino. But in sport bet, everything is different since you have to make analysis if you want to win.

when you have a lot of time to do analysis in sportsbetting then go for it . but the risk would remain same i guess like when you do gamble randomly on a casino games like card games, dice etc. it's 50/50 chance no matter how good you are on making analysis on sportsbetting , as when you do placed a bet on lower odds you need to increase your stake amount right?

In casino we can only predict the probability between dealer and number of players so our chances are very small plus very short period of time, this is clearly more risky than sports betting.

Sports betting can be analyzed long before the game begins, and chances can be read when big teams meet bottom teams, this will give you more profits if good at predicting formation and score results.

I think there are so many factors affect the risk of gambling, such as betting money, psychology and luck,...so we can not say which one is more risky. But if we consider objectively, we can say that the casino is riskier than gambling because casinos exist is based on our money, they will never accept losses, maybe we are winning but then they will also cheat we lose all, we never know when it happens. Sports are always fair matches, sometimes there will be some cheating but it is very little, so sports betting is much safer than casion betting, simply it's fair.

Topic: What is more risky. Sport or casino bets ? - page 21. (Read 27667 times)