What is more risky. Sport or casino bets ?

[yhlsqj]

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.

[Yanisumin]

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.

[traderethereum]

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.

no doubt for this, but i think casino games have higher risk than sports betting because we only depend on our luck than using information to win the games. although both games is giving much of win money, the risk is different and we should be careful when we want to play in the casino games.

[Creepings]

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.

Well it is easier to say that casino bets requires a lot of bankroll especially when you are playing offline. Mostly they rely on your luck and skill, but more on luck. Sports betting can be analyzed by the players, though evwn if you have analysed the players, they sometimes lose.

[Malsetid]

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 ?

Of course even with the percentage being the same, its not really like that. The fact that there will be factors to consider based on actual statistics when sportsbetting makes it a lot more safer to bet on than playing dice or games of the like. A long time basketball fan who is just new to gambling can earn pretty well than someone who has years of experience in playing dice.

[RealPhotoshoper]

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.

Yeaaa if you are a math master you might will never try to gamble at all .
No matter it is a sportsbetting or casino games both is not profitable and even not worth for them.
But we are common people right? And people will think that sportsbetting has less risk , but actually it is not, it same.

[BitcoinHunt3r]

if i must choose which one is more risky i will say casino bets. because it need pure our luck than sport bets which we can analyze or predict what bet that good to pick

[ahmedjamal1998]

Well I think betting on sports would be of less risk in case you know the teams well and understand how each player goes and performs on the pitch. But if you're betting just on luck then naah it's just like casinos.

Casinos in the end have to profit, so the house edge gets your money back in the long run (somehow)

[FrueGreads]

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'm note sure you can see things just like that. On sports book you need to make some analysis in order to be able to make some profit.
If you just follow the odds and don't take into consideration the game you are betting, then I don't know what is more risky. It depends on the bookie. Some have better odds, meaning some have a better "edge", that could be better than the casino game or not.
The point of doing sports betting, is to be able to get some value bets, and in that case, I'm sure sports betting is way better than casino.

[DRaGoN RaNTaRo]

Well I think betting on sports would be of less risk in case you know the teams well and understand how each player goes and performs on the pitch. But if you're betting just on luck then naah it's just like casinos.

Casinos in the end have to profit, so the house edge gets your money back in the long run (somehow)

It sure those poor casino's needs to make some profit and so is the reason they created the house edge . It all depends upon your luck and even with a zero percent house edge you will loose .So it is not like they are going to scramble your money anyhow. Casino bets are a bit risky as you never know what the outcome could be but sport bets ,we can assume what the outcome would be.

[South Park]

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.

If gambling is illegal in your country then you should never expect to win anything out of those illegal casinos but if gambling is legal then, unless you are cheating, 99% of the time the casinos are going to pay the bet they lose since it does not make sense to lose reputation over a single bet.

[Mr.grin]

Mungin are both at risk, but I think casino bets have a higher risk than sports. It is in because, when playing casino, we can only guess, with no clear information. But, in sports, you can definitely know which club is stronger, so the winning chance you have is bigger.

[Joel_Jantsen]

->Both are equally risky. Sportbets have upper hand when it comes to risks and money management.
->Gambling needs additional skills plus there is no certainty,no prediction,just false hopes.
->Sports betting can give you safe margins in case of obvious wins with less odds.No much profit but still less riskier than gambling.

[canah17]

I think casino bets is more risky than sports because casino bets are somethings rigged and mostly scamming from people who bets.

[uneng]

I think casino bets is more risky than sports because casino bets are somethings rigged and mostly scamming from people who bets.

How can be most casinos rigged if they are provably fair? What makes gamblers lose money is the house edge that gives advantage to casinos on long run. Maybe sports bets aren't so risky because we don't depend only luck, but skills.
And there isn't house edge, as it depends the result of the game and not only random numbers being rolled by the script.

[bamboylee]

Casino bets are riskier because there is no other factor but luck. In sports betting, if you are following the game, you can easily spot which team have the most chance to win. So you do not totally depend on luck to win the bet.

[Oilacris]

I think casino bets is more risky than sports because casino bets are somethings rigged and mostly scamming from people who bets.

How can be most casinos rigged if they are provably fair? What makes gamblers lose money is the house edge that gives advantage to casinos on long run. Maybe sports bets aren't so risky because we don't depend only luck, but skills.
And there isn't house edge, as it depends the result of the game and not only random numbers being rolled by the script.

You both are correct because there are really instances on which there are casinos which are rigged and do cheat it players but its just on rare event but mostly of them are provably fair and comparing it to chances of winning versus sports betting then it does really the edge than casino games because in sports you can able to increase your chances of winning if you do know how to analyze your bets which you cant do in casino games.

[tabas]

Casino bets are riskier because there is no other factor but luck. In sports betting, if you are following the game, you can easily spot which team have the most chance to win. So you do not totally depend on luck to win the bet.

I agree it's riskier to do casino bets since we know that the house edge is higher there. But in sports betting although there is an advantage from the house still the game will decide who will win depending on the odds of the match that you have bet. I find sports betting as easier type of gambling and this is a fair game.

[Kotone]

Casino bet's is more risky than placing bets in sports you answered your questions about this already the smallest odds you can see on sport is about 80% chance of winning already while the biggest one had 20% chance to win but doesn't mean that there had the less percent chance to win they can even win always analyze things before get it done.

[kodes88]

Casino bets are riskier because there is no other factor but luck. In sports betting, if you are following the game, you can easily spot which team have the most chance to win. So you do not totally depend on luck to win the bet.

Agree, In casino bets, all we need is luck. Victory really depends on how lucky we are. While sport betting has one advantage compared to the casino, that we can analyze first, so we can be more confident to install bets and not arbitrary. So I agree that Casino is more risky than sport betting.