Which has better odds, lottery, online gambling, or sports betting? - page 5.

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Quote from: Blawpaw on November 02, 2022, 06:03:49 PM

They are pretty much the same if you do not know how to get out at the right time. However, I would say that Sportsbetting has the upper hand as you do not need to gamble against the gambling operator, so if you understand a little bit about the sports you will be betting on you increase your chances of winning.

In any case, the best is Sports bet trading as it essentially lets you trade the odds as if it was assets allowing you to imply known trading techniques and potentially increase your winnings

Bet trading is good if it is arbitrage (which is generally prohibited or at least discouraged everywhere). And if this is not arbitrage but ordinary trading, then I would say that it is no different from gambling - and the shorter the trading period, the higher the broker’s advantage, since the commission/trade amount ratio is maximum.

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Quote from: BobK71 on November 03, 2022, 12:47:07 AM

You can get some ‍ideas in sports betting that will increase your winning chance than other casino games. However, nothing can be said specifically. Other casino games have to depend entirely on fate. Comparatively have some advantages obtained at sport betting. For example, the team that is stronger in cricket, football or others, is more likely to win but if the gambler bets on that team, then the chances of winning will increase. But cannot be sure. Another thing here is that when one keep bet on comparatively strong team, the rate of Odds will be also changed. In this regard i prefer sports betting where you can adopt your knowledge and skill.

If I play dice, roulette and other games offered by casinos, I do not know if I am going to win or not, it is just a guess and I may win or lose. In Europa today, which is sport, I can still predict that Arsenal is going to win its opponent, I did not just say that, it is because I checked for the stronger club and the chance to win, I see Arsenal having more than 90 ratio in probability to win opponent. In sport, we can carefully first check about if a team would win or not, unlike other types of gambling. Because of that, sport has better odds of winning.

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Quote from: Davidvictorson on November 01, 2022, 01:09:41 PM

Lottery – a game with established rules where players buy tickets for a chance to win cash or other merchandise prizes.

Gambling – a game or mutual bet according to established rules whose participants, seeking monetary gain, voluntarily risk losing an amount they have paid in, and where winning or losing is determined by chance, by some event, or by the result of a sport competition.

Sports betting - Sports betting is the activity of predicting sports results and placing a wager on the outcome.

Differences
In a lottery, players compete against other players. A lottery’s prize fund is set in advance and the lottery operator does not participate in the game.

In gambling, players compete individually against the gambling operator. It is in the gambling operator’s interest to win against the players.

In Sports betting - In sports betting players places wagers on sports that include but not limited to football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels.

We have an active gambling discussion section and I would very much love to hear the opinions of experienced gamblers on which has better odds, lottery, online gambling, or sports betting?

Note: The idea for this post came from reading this article on Quora

One thing certain is that the greater the odds, the higher the risk or chance of winning involved, because when it comes to Lottery, all you have to do is buy a ticket while hoping yours happens to be the lucky number amongst the millions of tickets that might be sold, of which the chances of winning the lottery is always very slimmer. Likewise, when it comes to online gambling, the outcome can always be subjected to how much a user uses to play either of the gambling games just as Roulette or Blackjack. So also Sport betting, which happens to be the most commonly used whereby a user only has to predict the outcome of a game, and also the higher the odds and a bit of knowledge about the game, the higher the chance of such a user winning huge

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Quote from: ethereumhunter on November 02, 2022, 11:10:44 PM

Quote from: aioc on November 02, 2022, 06:35:16 PM

In order for better odds first is sports betting, then gambling and the least is Lottery, lottery is the hardest because there is no formula or strategy that you can use compared to the two, you must be extremely lucky to hit the jackpot sports betting has better odds those good at betting sports seldom rely on luck they managed to increase their odds and they have insight on the game, you cannot have that on gambling and lottery.

It is difficult to win the lottery because it is a gambling game based on luck and not everyone can win it easily even if they have more tickets than everyone else. If we talk about luck, no one knows when luck will come. So maybe sports betting is a gamble that we can choose if we want to win but on the condition that we must be able to select a team with a higher ability than other teams. The chances of winning will be greater in sports betting because having more information will help us choose the right team.

You can get some ‍ideas in sports betting that will increase your winning chance than other casino games. However, nothing can be said specifically. Other casino games have to depend entirely on fate. Comparatively have some advantages obtained at sport betting. For example, the team that is stronger in cricket, football or others, is more likely to win but if the gambler bets on that team, then the chances of winning will increase. But cannot be sure. Another thing here is that when one keep bet on comparatively strong team, the rate of Odds will be also changed. In this regard i prefer sports betting where you can adopt your knowledge and skill.

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Quote from: aioc on November 02, 2022, 06:35:16 PM

In order for better odds first is sports betting, then gambling and the least is Lottery, lottery is the hardest because there is no formula or strategy that you can use compared to the two, you must be extremely lucky to hit the jackpot sports betting has better odds those good at betting sports seldom rely on luck they managed to increase their odds and they have insight on the game, you cannot have that on gambling and lottery.

It is difficult to win the lottery because it is a gambling game based on luck and not everyone can win it easily even if they have more tickets than everyone else. If we talk about luck, no one knows when luck will come. So maybe sports betting is a gamble that we can choose if we want to win but on the condition that we must be able to select a team with a higher ability than other teams. The chances of winning will be greater in sports betting because having more information will help us choose the right team.

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Quote from: Davidvictorson on November 01, 2022, 01:09:41 PM

We have an active gambling discussion section and I would very much love to hear the opinions of experienced gamblers on which has better odds, lottery, online gambling, or sports betting?

Technically, our chance of winning is higher by playing gambling where a real strategy can be applied.

Obviously, among those, it's only sports betting where we can increase our chances of winning. The usual casino games and lotteries need damn luck to win because results here are based on certain algorithms and house edge can affect too were in the first place, it was designed to give casinos the advantages in the long run.

There's one missing that real strategy can be applied and that is strategy-based gambling games like poker, chess, PVP games etc.

aioc

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In order for better odds first is sports betting, then gambling and the least is Lottery, lottery is the hardest because there is no formula or strategy that you can use compared to the two, you must be extremely lucky to hit the jackpot sports betting has better odds those good at betting sports seldom rely on luck they managed to increase their odds and they have insight on the game, you cannot have that on gambling and lottery.

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Like others said the chances of taking some money home are the highest in sports betting and the lowest in lotteries, although most casino games, like dice offer variable odds, which can make the game similar to how odds at sports are calculated. The lottery is the only one where you have a very low chance of winning a lot and these odds are so low that some mathematicians have come to a conclusion that the probability of getting hit by lightning is higher than winning the lottery.

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Quote from: btc_angela on November 02, 2022, 02:26:53 PM

It's really hard to win on lottery, although it could be a life changer, but you don't know if you can at least hit one win in you lifetime.

In sports betting, it's literally 50:50 chances, although it is based on the odds that the bookies are going to list. And this is the obvious choice if we are talking about the odds amongst the 3. Nevertheless this is gambling, so anyone can pick from the 3, if they feel extremely lucky then maybe this will spend some money daily or weekly and bet their favorite number in lottery.

This is where lots of people been looking upon on which lottery wins could definitely change up your life and this is what motivates you on betting on lottery but there's no such thing about analysis being involved

since you do make out some bets and number combinations randomly not like when you do make bets on sports betting or other online games which does need some analysis then odds of winning is different.

You could eventually able to make out some differences and you would directly notice it out when you do make direct engagement on these things.
If you do really love on making or betting on sports then go ahead but you could eventually do all things you do want.

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They are pretty much the same if you do not know how to get out at the right time. However, I would say that Sportsbetting has the upper hand as you do not need to gamble against the gambling operator, so if you understand a little bit about the sports you will be betting on you increase your chances of winning.

In any case, the best is Sports bet trading as it essentially lets you trade the odds as if it was assets allowing you to imply known trading techniques and potentially increase your winnings

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Quote from: goldkingcoiner on November 02, 2022, 05:40:47 PM

If you are really skilled and knowledgeable about sports then I am sure you would prefer betting on sports and honestly, I think you could definitely improve your chances if you do your research and do it right. I cannot say the same for any other gambling games like dice. Those are basically just luck. Either you are lucky or you are not. Its all probability and your skill and strategy cannot change that, even if it sometimes feels like it can.

Now lotteries, that's a suckers bet, as they say. A hopeless attempt to deceive yourself into spending a small amount of money because it seems not as bad as betting larger amounts at the poker table, for example. But the jackpot will always be out of reach.

Yeah, I agree on this.

Lotteries and casino games are basically just luck with fixed odds given by the game itself. The odds are known and clear, let's say with a dice you have 1/6 chances of getting a 4, and there's nothing you can do about it. It's just luck in the end even though they make it more complicated.

Now, in sports bets they have to give a certain score to each player/team. And that's subjective. You might even see differences in those odds at different betting places. And maybe you know more than the people creating those odds.

If you're knowledgeable in sports, I think you might have a better chance that just luck.

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If you are really skilled and knowledgeable about sports then I am sure you would prefer betting on sports and honestly, I think you could definitely improve your chances if you do your research and do it right. I cannot say the same for any other gambling games like dice. Those are basically just luck. Either you are lucky or you are not. Its all probability and your skill and strategy cannot change that, even if it sometimes feels like it can.

Now lotteries, that's a suckers bet, as they say. A hopeless attempt to deceive yourself into spending a small amount of money because it seems not as bad as betting larger amounts at the poker table, for example. But the jackpot will always be out of reach.

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Quote from: kawetsriyanto on November 01, 2022, 06:30:13 PM

Because I am a sports lover, I think Sports betting is the best among them.
Although there is no certainty regarding the percentage to win, sports betting seems a bit easier as long as we know the sports field well.
Especially for people who have favorite sports, betting on sports will be a fun activity. And it won't be difficult to determine the bet since they are familiar with the sports matches, the teams, and the rules.

Lottery is the hardest one.
In my opinion, the chance to win in Lottery is very small. We purely rely on luck playing the Lottery.

The predictability of the game will usually depend on the odds. Even if you and many others think that sports betting is more easier as it can be based on experience and knowledge, there are still odds that you can see on your screen. In lottery there are also different modes on them.

There are lower digit games which odds are much lower than the standard 6 digit games which means this is more winnable. The only downside about low odd games is that the profit that you can win is also low. Overall, gambling must be played only for fun so we can disregard the odds part but it's only important to play the game where we always enjoy the most.

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It's really hard to win on lottery, although it could be a life changer, but you don't know if you can at least hit one win in you lifetime.

In sports betting, it's literally 50:50 chances, although it is based on the odds that the bookies are going to list. And this is the obvious choice if we are talking about the odds amongst the 3. Nevertheless this is gambling, so anyone can pick from the 3, if they feel extremely lucky then maybe this will spend some money daily or weekly and bet their favorite number in lottery.

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From all the comments I've read, I think sports betting won as one with the best odd of winning, followed by online gambling, and lottery coming last and also considered as one with the worst odds of winning.
And to add to what everyone else have said, I think lottery can really be profitable when luck really shines on the player, but the thing is that the chances of winning the jackpot (which is actually the target and joy of every lottery player) is extremely low, this is why it is always a big celebration when someone wins the jackpot in a lottery game.

I personally have never played a lottery game up on till now, but I've gambled in online gambling and also placed bets on sports, I can proudly announce that my first ever winning since I began gambling was on sports betting.

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Quote from: Davidvictorson on November 01, 2022, 01:09:41 PM

We have an active gambling discussion section and I would very much love to hear the opinions of experienced gamblers on which has better odds, lottery, online gambling, or sports betting?

Better odds are in the Sportsbook. We all know betting on sportsbooks is for smart people in analyzing any matches, so the chance of getting a win is also greater rather than buying a lottery ticket and waiting for a miracle.
In sportsbooks there are possibilities fr om various possibilities, in lottery there are no possibilities which exists is only hope, in casino gambling, no comments at there requires skills and strong instincts. Last, odds are about multiples payout, indeed the Lottery have a bigger odds but it's not a better.

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Quote from: Jemzx00 on November 02, 2022, 12:56:32 PM

In terms of having better odds, I would strongly suggest that you go into either sports betting or gambling however saying gambling itself would be to broad to suggest as there are various games that may also vary on the odds. Lottery is the worst as your chance of even winning on the game is less likely to happen and depending on what kind of lottery your playing, some will say that "you'll have a higher chance of getting hit by a lightning than winning on lottery".

If you are into any kind of sports, I suggest you use that to your advantage on sports betting but you can also use the odds itself to determine which you will bet on.

It would really be just common sense on looking at.If we do speak about higher odds or multipliers then it would be understandable that chances of hitting that one would really almost close to impossible.

Whereas, if you do pertain about sports betting which do talk about 1.XX or more then we know chances arent really just too far off for someone to be able to hit up and win.

It is really just that there are people who do really minds off on getting rich and this is what them pushes on playing or betting with lotteries.If you do have this kind of mindset and belief or boost up of feelings
that you could hit up a lottery then you would really be making yourself obliged on buying those tickets and continuing on being hopeful.

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Quote from: uneng on November 02, 2022, 11:07:38 AM

Sports betting is the currently hype among gamblers, especially youngsters and it's considered the best category for betting, since you can analyze teams, players, game conditions and so on... But undoubtedly there are many gamblers losing considerable sums of money on this category as well.

One of the many reasons why a lot of gamblers lose money in sports betting is because of parlays and multi betting, this type of bet brings in a lot of money for the bookies since it only takes one loss for them to win, and even if the gambler wins they still get some juice.

Quote from: el kaka22 on November 02, 2022, 12:16:34 PM

I like betting on NBA and F1 more than I like anything else, but if we were to compare slots vs tennis, I would prefer slots for example. These are not set stuff, there are a lot of details involved and you are not always looking at it one sided. I am sure that it’s going to be hard for most people to see how it will do, and sometimes it doesn't do as well as you hope, but sports that you love can't be worse than anything else.

I agree sports betting is tough to beat when you're following a sport or league that you really love.

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Quote from: Saisher on November 02, 2022, 06:32:47 AM

I have seen a lot of huge winning coming from sports betting which is why this has the best odds among the three, although there is luck involved in it if you can give a good analysis and adept at the sports you're betting, then you have a good chance to win the lottery has the lowest odds, you can bet for years and cannot hit the jackpot, have also seen people betting for so many years until they give up because the odds are so low.

I wonder how you came to this idea, given that in order to assess the chances, you need to know not just the cases of success, but also the ratio of their number to cases of failure. Judging by the media space, I hear news about big wins in casinos and bookmakers with about the same frequency, and about big wins in the lottery a couple of times a year at most. But I already wrote above that the lottery is by all indications the worst choice.

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In terms of having better odds, I would strongly suggest that you go into either sports betting or gambling however saying gambling itself would be to broad to suggest as there are various games that may also vary on the odds. Lottery is the worst as your chance of even winning on the game is less likely to happen and depending on what kind of lottery your playing, some will say that "you'll have a higher chance of getting hit by a lightning than winning on lottery".

If you are into any kind of sports, I suggest you use that to your advantage on sports betting but you can also use the odds itself to determine which you will bet on.

Topic: Which has better odds, lottery, online gambling, or sports betting? - page 5. (Read 932 times)