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Author Topic: Which has better odds, lottery, online gambling, or sports betting?  (Read 884 times)
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November 02, 2022, 01:30:31 PM
 #41

On my end, sports betting has the biggest odds of winning. One reason is familiarity with the team or player or fighter you are betting. If you are aware of their capabilities through records and performances, likewise with the enemy team, you could make a better guess which one would win over another.Lottery and online gambling are almost the same in terms of odds but if you would consider the number of participants, online gambling would somehow give you better odds. Pure-luck based activities would limit manipulation of the result which makes it the truest form of gambling on my perspective. But if you are into enjoyment and winning, sportsbetting is surely on another level.

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?
I also have to pick sports betting out of the three, because in sports betting you have the choice to pick a specific match and market that you find worth betting on, and sometimes the odds that the sportsbook offers could be less accurate than what you expect. Overall, there are more factors in sports betting that can allow gamblers to get better odds of winning compared to the other two even though sportsbooks slowly put more juice in their lines it's still the better choice since you can avoid unnecessary losses.

In my opinion, sports betting is the most promising in terms of winning. 

At the same time, it is necessary to conduct a preliminary analysis of the situation and be well versed in this type of sports competition.  The ideal situation is when the player has insider information, but this is usually impossible, and in many cases even prohibited by law. 

When taking part in a lottery or other game of chance based on luck, a player must be aware that, according to the mathematical theory of probability, the probability of winning is lower than the probability of losing.

Indeed such gambling activity relies on one's fate. But that makes me more curious, why are many people still into it despite of the fact that the odds of losing is higher than winning? Enjoyment? I doubt. Maybe it is because to some people, it is easier to play. To those people who accepted losing the moment they've bet, they'd probably choose not to be tired then lose than to struggle thinking a way to win and still ending up losing. We can't blame them simply because we have different perspectives and point of views.

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November 02, 2022, 01:53:29 PM
 #42

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?

Which certainly the answer will vary greatly for each member here. all types of gambling that you mention, have their respective advantages. as well as people's preferences, will be different and more inclined to which choice. however, not infrequently we have tried various types of gambling that you mentioned.

Personally, it all depends on the situation. not infrequently, mood plays an important role in every choice we will play in each gambling session. to be honest, I don't have an answer which one has a better chance. as I mentioned earlier, all the types you mention have different features.

but in some cases, I will only choose sports betting. besides we have a community here by exchanging opinions or discussing, besides that sports betting further increases adrenaline for me personally while watching it live.

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November 02, 2022, 01:59:30 PM
 #43

It is a well known fact that from the three options provided of course chances are somewhat higher in sport betting and this because in sport betting there is also involved some skill beside luck,I would say 40% skill and 60% luck.I say skill because if you have been following for example the 5 major leagues of soccer in Europe you pretty well are considered knowledgeable in these leagues if you have followed them for 2-5 years for example and thus this skill helps you win more often than the other options.

Both lottery and slot machines are games that rely 100% on luck and thus chances here are lower compared to sport betting.

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November 02, 2022, 02:54:13 PM
 #44

I personally prefer sports betting. The risk is still there but we could have an edge if we know how the sports work and the capability of the players of our choice. It's luck based but has an advantage compared to other forms of gambling. We can bet based on our familiarization with the sports as well as the skills of the players.
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November 02, 2022, 04:07:38 PM
 #45

Lottery has the advantage of being cheap to participate and rewarding huge amounts of money which can be a decisive life changer in the winner's life, although winning chances are pretty low. However, it is also possible to bet in partnership with other gamblers in order to increase the winning probability.

Lottery is one of the least harmful categories of gambling, because participants tend to not lose much money on this, since tickets are cheap and you have to wait few days to have the results of the respective draw, until you can start betting on the next one.

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.

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November 02, 2022, 05:16:34 PM
 #46

I personally do not like lottery all that much, because there is absolutely nothing that you could do about it and it’s pure luck and I like to be involved. Between casino games and sportsbook the difference would be which casino game and which sports that you are wagering on.

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.

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November 02, 2022, 05:56:32 PM
 #47

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.

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November 02, 2022, 05:58:40 PM
 #48

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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November 02, 2022, 06:12:59 PM
 #49

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.

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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November 02, 2022, 06:26:16 PM
 #50

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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November 02, 2022, 07:15:20 PM
 #51

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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November 02, 2022, 07:24:41 PM
 #52

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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November 02, 2022, 07:26:53 PM
 #53

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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November 02, 2022, 08:03:33 PM
 #54

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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November 02, 2022, 10:40:47 PM
 #55

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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November 02, 2022, 10:53:47 PM
 #56

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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Blawpaw
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November 02, 2022, 11:03:49 PM
 #57

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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November 02, 2022, 11:05:30 PM
 #58

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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coolcoinz
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November 02, 2022, 11:19:43 PM
 #59

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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November 02, 2022, 11:35:16 PM
 #60

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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