What is more risky. Sport or casino bets ? - page 9.

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Quote from: dossantosleite on April 20, 2017, 02:19:45 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 ?

It really depends on the kind of sports or casino game and what the odds are for your particular bet. Need to do the calculations before knowing as they can have a wide range of odds.

Ziskinberg

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Quote from: maeusi on August 08, 2017, 05:42:30 PM

Sports bets are less risky than casino games for three main reasons:
1. Results can not be manipulated by gambling services.
2. Knowledge and informations can significantly success.
3. You cannot bet as fast as in casino games.

If you are gambling for a long time already, you will know that sports gambling can be manipulated as well, any kind of gambling has a chance and I have heard that sports are rigged especially when the public are heavily betting on it. We have to be wise, this kind of game is for the clever person and we have to believe based on facts only because it is the only key towards success.

maeusi

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Sports bets are less risky than casino games for three main reasons:
1. Results can not be manipulated by gambling services.
2. Knowledge and informations can significantly success.
3. You cannot bet as fast as in casino games.

Zicadis

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Dump it!!!

Betting from a casino is more risky and profitable if money is at your disposal because you can easily apply different gambling strategies like martingale, Fibonacci or any other strategy and get away with huge profits within a short time while sports on the other hand is less risky, fun to bet on and you get to watch the game while its been played and is also less profitable gambling forms.

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Quote from: roadbits on April 20, 2017, 05:02:19 AM

Quote from: mirakal on April 20, 2017, 04:34:50 AM

Quote from: dossantosleite on April 20, 2017, 02:19:45 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 ?

I guess it is risky on sports betting, that is my understanding because every time set a line like the ATS, the odds are like 1.90 or -110, so that means they are putting juice of 10%, in dice the house edge is like 1% which is very low compared the juice you will have to pay when you bet wins.
However based on chances, you have a bigger chance of winning since you can analyze the data while in dice it is purely based on luck.

I think No sports betting is not riskier than casino games. Whatever happen in sports betting it depends on our knowledge. If we take time and do accurate analysis, we will win our bet. And whenever the odds is below 1.1 or 1.2 this is safe odds in sports betting. In casino games, as you told it is completely based on our luck. No analysis and strategies will not help you to win your bet. So for me, casino games are risky games.

Playing games in casino is very low in probability of winning because you are monitored by the system of the casino, they have very sophisticated camera that even the character of you cards or dice can be seen meaning they are in control it’s up to them if they want you to win or unless your lucky enough that even if they manipulated the game but still you winning. While betting sports you have the assurance of 50% probability of winning and the plus factor is you know statistic of the players or the team that you are betting.

EdenHazard

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Quote from: janedt on August 07, 2017, 01:57:37 AM

I think Casino bets is more riskier than sports bet. Most of all casino bets are provably fair and sports is not. If you are good at 1 sport, it will be more easier to predict that sport match because you at least already know and like what strategy that the team use. It's depend actually,

mathematically it is not , you know that a game like dice has a constant house edge everage at 1% while sportsbetting are not. sometimes have low edge and mostly more than 2% , makes sense for you if you do calculate all the probability in gambling.

it is indeed always feel like sportsbetting has low risk compared to casino games , but the real fact it is not.

swogerino

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You simply cannot beat a casino house because they have projected the house edge intentionally to be profitable to run this casino in the long run. That 95% win chance is only delusional as you will see that you will hit many losing streaks with 95% chance to win. On the other hand on the sport pick in basketball 1.05 it means that this team is much more better in quality than the opponent team and if they were to play 100 times, this team with odds 1.05 would win at least 90 times. While this is guaranteed on sports it is not guaranteed in casino games. Even in sport this team with odd 1.05 may lose but chances are much lower than rolling the dice with 95% win rate.

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Quote from: boyptc on August 08, 2017, 09:15:57 AM

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Quote from: boyptc on August 05, 2017, 06:56:38 AM

Quote from: Diablesfunis on August 05, 2017, 06:06:31 AM

Predicting sport is easier rather than casino because casino purely based on luck. In sport betting you can try to increase your chance by analyze team performance etc. So yes, casino is riskier compared to sport betting.

Basically predicting in any game is always been easy. You can just give your opinion on what team is going to win. But the hard thing is did you predicted it according to the facts that you know? In sports betting, you have to make some analysis with proper research this isn't just about luck but casino bets are more of luck.

It is easy as we think but in reality it is hard, we can only tell we are successful in sports betting if we have made profit in the long run.
There is no house edge in sports gambling but still most of us are not winning, that is because we lack a long term technique to win or we can be emotional in gambling which will ruin our plan and we can loss our discipline which is very important.

Why you have to wait for the profit in the long run if you can just bet every single day and take off your winnings. The odds in sports betting is the only matter that a bettor does have to think of. If someone wants to become a good long term sports bettor, he will mostly make this as his source of income and not for fun.

All sports betting gamblers, must play long-term because they have more choice over the weekend may be you think why not to choose to bet on a match that will be finished but if you think like that just the same you put your fate on luck.

It's their choice, if they want to play long term sports bet it's up to them. We are just talking about the risk here and they will used to the risk in sports betting if they will be a long term gambler. And also if they will be sick of gambling in sports they can just go out and visit the closest casino to bet for their favorite casino games.

Obviously! It is totally up to the gambler whether he/she wants to go for sports or games. But as far as the risk is concerned, I believe that casino bets are more risky than sports. In sports things are quite understandable and predictive but nothing like this is possible in casino.

Yes casino bets are riskier than sports. And if you want to stay with less risky then stay with sports bet, though the bet are unpredictable as long you have some analysis and you know what you are doing.

This is the edge of sportsbetting to casino gamings because we can really able to see the difference on their winning rate and as being said casinos would really be more risky since results would really come out in pure random which would mean that it doesnt need any analysis and thinking to increase winning chance unlike on sports betting which you can really apply your knowledge and experience on choosing bets.

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