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Topic: What is more risky. Sport or casino bets ? - page 31. (Read 27667 times)

hero member
Activity: 648
Merit: 502
Casino bets are more risky of course. Because it is run by businessmans, they hire statisticians and mathematicians to solve for probabilities and economics. They are always in a win win situation. Tho' some games in casinos can be solve mathematically, it will be tough and you will always on the edge of losing.

On the other hand, stats, gameplay and the determination of players are factors in sports betting. There is a higher chance of winning in sports bet.
sr. member
Activity: 294
Merit: 250
Both risky, sports betting margin varies from 1%-10%, according to different bookies. Casino games house edge varies too, lowest blackjack has 0.4% house edge, but some slots have 10% house edges.
legendary
Activity: 1190
Merit: 1024
I think casino bets are more risky but there are so many variables that the question is pretty impossible to give an accurate answer to.

If you're knowledgable on sports then you can be successful gambling but even then anything can happen. 

Both of them are risky as even in sports bet you do not know whom will win . Even if you place bet for the favorite current winnings team, the odds are not so high, so even if you win, you will not get much money.
hero member
Activity: 770
Merit: 500
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 ?

The dice and casino games always because they are projected with the house edge that will always make you lose in the long run. In a basketball game you can read news about the teams and watch the standings and with an odd 1.05 99% of the times it will be a win.

Yes you are right. The odds are the same but the payout might differ. Like for dice its house edge. The odds will not change I don't know why you are mentioning them.
hero member
Activity: 812
Merit: 500
I don’t really like gambling within the Casino because there’s a bunch of things that I would have to look out for. One of the things that I would have to look out for would be the really shady people that don’t have the respect to hold the gamblers money and pay them when they win the gambling match.
There’s many other reasons why I wouldn’t want to gamble inside a Casino if I had the option to choose Bitcoin gambling though that would be the most important one.
legendary
Activity: 3122
Merit: 1398
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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 ?

Both have risk as always but on a basketball game, clearly it has better chances since you will only bet against the opponent and not on the house edge system of a dice game.

Don't mind the percentage, but the odds it was provided. Both are clearly will not give you a profit. Well obviously it's expected since higher percentage means low payout.
hero member
Activity: 1274
Merit: 622
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 ?

I think casino bets are more risky. Yes, the chances to win are the same, if only rely on theory of probability. But in sport bets, on the contrary to casino bets you are not as blind (I think no strategies work for making casino bets). You can read about latest games of this team, ask some experts, search for news, which will help you to make a better prediction.
legendary
Activity: 1218
Merit: 1000
Sport or casino bets are both at risk because whatever remains dependent on luck. But if asked which are more risky, I think casino are more at risk. Because I think sports betting still needs analysis (although it's still on luck), we can continue to profit if we can analyze the club properly. While casino are just a game because they are with a house edge and it is very difficult to beat it, if playing long-term will certainly lose. So I think casino have a greater risk than sports betting.
hero member
Activity: 1246
Merit: 529
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FYI, sports betting also included in casino games too.

Dice/Blackjack and other lucky based games are more riskier than sports betting, in sports betting you only need to analyze which match/teams would be won on that match while Dice with luck too and whatever strategy you use it doesn't affect anything to your game.

I think you should also need to know that in sports betting also you must need a luck to win your bet. Because these days many matches are fixed so just based on your skills about the players or teams you can't win always your bets. Hence, in all gambling games, we must be a lucky to make money. If not, mostly you will lose money in the longer run.

I don't think so. In sports betting, evrn if you say that some games are fixed, majority of still depends on the ability of your chosen team or player to win. That's why its important to try to study first stats and figures if you're not that familiar with the sport that you're going to bet on. You won't have that luxury of analysis if you're into casini gambling though it would be really fun but the chances are not as high in winning compared to sports betting
klf
legendary
Activity: 1344
Merit: 1000
FYI, sports betting also included in casino games too.

Dice/Blackjack and other lucky based games are more riskier than sports betting, in sports betting you only need to analyze which match/teams would be won on that match while Dice with luck too and whatever strategy you use it doesn't affect anything to your game.

I think you should also need to know that in sports betting also you must need a luck to win your bet. Because these days many matches are fixed so just based on your skills about the players or teams you can't win always your bets. Hence, in all gambling games, we must be a lucky to make money. If not, mostly you will lose money in the longer run.
hero member
Activity: 672
Merit: 500
Both are risky,but sport betting depends on your skills and knowledge,casino is programmed to bring casino profit in long term player has no chance against casino
yes no doubt that both are risky but it is a fact that in sports gambling we have the opportunity to use our sense our experience and skill therefore casino bets are more risky as compare to sports betting.

We will always be able to reduce the risks that exist in sports betting. Although it can not be denied luck remains a determinant, your skill in analyzing is indispensable in sport betting. The risk will be very high if you only rely on your luck, because by analyzing we can be more confident to choose which team we will bet on.
hero member
Activity: 2814
Merit: 526
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FYI, sports betting also included in casino games too.

Dice/Blackjack and other lucky based games are more riskier than sports betting, in sports betting you only need to analyze which match/teams would be won on that match while Dice with luck too and whatever strategy you use it doesn't affect anything to your game.
legendary
Activity: 1372
Merit: 1000
I feel sportsbetting is more risky due to the higher house edge. However, if you can properly analyze games and make bets, you can turn the table around in sportsbetting, but not in gambling at a casinos, since you will never be able to make the house edge positive for yourself.
legendary
Activity: 1120
Merit: 1000
Both are risky,but sport betting depends on your skills and knowledge,casino is programmed to bring casino profit in long term player has no chance against casino
yes no doubt that both are risky but it is a fact that in sports gambling we have the opportunity to use our sense our experience and skill therefore casino bets are more risky as compare to sports betting.
hero member
Activity: 1092
Merit: 501
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 ?
In my assessment and opinion gambling was designed to give loss most of the time for the players/gamblers. Imagine if there is 100 gamblers in the gambling sites the house edge is always giving a bad result for the gamblers, which means only 1 percent is have a chance to win in every game round  so 99% percent is the profit of the owner.
legendary
Activity: 2646
Merit: 1106
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Both are risky,but sport betting depends on your skills and knowledge,casino is programmed to bring casino profit in long term player has no chance against casino
As mentioned both are risky, but one thing that makes a difference between the casinos and sports betting is the use of information or statistics regarding the team or player. With sports betting with statics about particular team we can increase the chance of winning and then can depend on luck. The same is not possible with Casinos, which is completely based on luck.
sr. member
Activity: 434
Merit: 250
Both are risky,but sport betting depends on your skills and knowledge,casino is programmed to bring casino profit in long term player has no chance against casino
You are right, I consider both are risky. But when we talk in sports betting you need luck too, Not only knowledge and skills. Anyways for me, I choose sports betting, because it is played in real life, of course it based in luck but with a low percent. Not like casino does.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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 ?
It depends on the house edge for each event if the house edge is higher in the sport event then that is the riskier proposition if on the other hand the dice has an higher house edge then the dice is the riskier bet, the difference is that there is nothing you can do to affect the outcome of the dice game, but if you are an expert on basketball you could be able to spot with an higher degree of accuracy the winner.
hero member
Activity: 1022
Merit: 521
None of them is risky if you manage you gambling in a good manner if you gamble or bet with that money which you can afford for this place so then you will be secured from most loses and in that way you will also be much experienced while if you will manage you will lose everything before any fun and experience.
Pab
legendary
Activity: 1862
Merit: 1012
Both are risky,but sport betting depends on your skills and knowledge,casino is programmed to bring casino profit in long term player has no chance against casino
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