Betting Type
Sports betting also has a wide variety of bet types and markets. You can wager on any of your favorite games and choose various bet types when doing so. Of course, casino gambling has its benefits too. Gaming collectively features less-complicated strategy, larger bonuses, and huge jackpots. Many soccer betting sites will also offer a range of Coupon Bets, and by making use of such a betting opportunity you are able to perm together a range of different football teams in an accumulator or parlay type bet, but you will need to correctly predict whether each match will end in a home, draw or away win for those types of bets to be. A quaddie is a bet type whereby the bettor must select the winner of each of the four nominated quaddie races. The bettor can select any number of possible winners in each leg. The cost of a quaddie bet is calculated by multiplying the number of selections in each leg. The quaddie can also be referred to as a quadrella. In this type of sports bet, a number is set for the combined final score of both teams and you then bet on the actual score staying “under” that total or going “over” the set number. Often times you can bet on a total line by each half of a game when it comes to football and in basketball.
Sports betting and casino games definitely aren’t the same. However, they do bear some similarities to each other.
Both are forms of gambling. Both are also usually found in casinos. Of course, they also have distinct differences from each other as well.
You may want to account for these differences when figuring out where to put your gambling dollars. After all, your bankroll is only so large, and you should use some discretion when figuring out what games to play.
Personally, I like the idea of starting with sports gambling and going from here. You may or may not ultimately like sports wagering over casino games, but it does have a number of advantages.
That said, I’m going to discuss the biggest benefits of wagering on sports versus playing casino games.
You Have the Ability to Win Long-Term Profits
Casino gambling delivers plenty of thrills. Unfortunately, most games also feature a house edge.
The house advantage ensures that the casino wins most of the time. You have to get lucky in order to walk away with profits at the end of the day.
You need to get extremely lucky to be casinos over the long term. Nearly every gambler loses in the end due to the house edge.
Sports gambling, on the other hand, does give you a realistic shot at winning money. Rather than having to beat a house edge, you just have to win enough bets to beat the juice (a.k.a. vig).
This sounds an awful lot like a house edge, but it’s not entirely the same. Instead, sports gambling gives you a chance to win long-term profits even with the vig factored in.
Obviously, you have to be a very good bettor to earn profits. Otherwise, everybody and their mother would be wagering on sports.
The key point is that, unlike with casino games, you have a realistic path towards winning money in sports betting.
More Strategy Than Most Casino Gambling
Casino games vary in terms of how much strategy they require. Slot machines, for example, hardly feature any strategy at all. You simply spin the reels and let fate do the rest.
Blackjack is different because it has extensive strategy. The catch, though, is that you can use a blackjack strategy chart to play like an expert in no time.
Sports betting takes strategy to a much higher degree than even blackjack. You can’t just find a chart on the internet that tells you how to make perfect decisions.
Instead, you need to develop handicapping mastery over time. Handicapping refers to the process of determining which side has the better chance of winning and by how much.
Sportsbooks have expert handicappers who set the lines. Your goal is to become good enough to find what thin value, if any, exists in each wager.
Another path towards making sports gambling profits involves using software programs. Many programs can help you with handicapping and arbitrating.
The latter refers to the process of betting in a way that guarantees you a profit. To do this, you must find two lines for the same match that differ in a way that guarantees profitability.
In any case, you can see that sports betting involves extensive strategy. If you’re looking for something more challenging than casino games, then you should consider this type of gambling.
Numerous Betting Options & Markets
You can enjoy a large number of games in any online or land-based casino. Some of these options include the following:
However, the sports betting world features even more variety. It offers a wide range of sports along with different leagues within each of these markets.
Soccer (football) alone features dozens of leagues across the world. At a big sportsbook, you may be able to wager on 15-20 different soccer leagues.
As if this selection isn’t enough, you can also look forward to a number of bet types. Here are the main categories of wagers that you can make:
- Moneylines
- Totals (a.k.a. over/under)
- Point spreads
- Prop bets
- Live wagers
- Parlays
- Teasers
Chance to Gamble on the Sports You Love
Are you a huge sports fan? If so, you’ll appreciate that you can wager on the games you enjoy and watch them later.
Sports are always more exciting when you have action on the line. This aspect is why sports gambling has become so popular.
Once your account is set up and funded, you’ll be able to place wagers rather quickly. In fact, you can make bets in less than a minute with your smartphone.
What Advantages Do Casino Games Have Over Sports Betting?
As you can see, plenty of reasons exist for making sports betting your favorite type of gambling. However, you should also consider the advantages of casino games too.
Casino Gaming Strategy Is Generally Less Complicated
If you like using strategy in gambling, then you’ll appreciate sports wagering. You need a strong knowledge of the sports and betting aspects to make consistent profits.
However, you may be the type who doesn’t like spending weeks, months, or even years mastering gambling. Instead, you might just want some quick thrills.
In this case, real money casino gambling has an advantage. Certain games like baccarat, roulette, slot machines, and video poker take very little time to learn.
Sure, some games also require strategy in order to boost your chances of winning. But even a strategical game like video poker is easy to get started with.
You just insert coins and start playing hands with little time wasted. You can learn the strategy later or merely play for fun.
Sports betting isn’t hard to get started with either. However, you’ll be at a severe strategic disadvantage if you don’t know anything about the matter.
Sports Betting Types Of Wagers
Fewer Illusions Regarding Wins and Losses
I’ve heard many losing sports bettors say, “I’m breaking even.” If this were always true, then everybody would win at a 50/50 clip and bookmakers wouldn’t be taking any juice.
The latter is not true because sportsbooks rely on vig for part of their profits. The reality is that the average gambler loses around 5% of each bet they make (i.e., $0.05 out of every $1).
Bookmakers would quickly go bankrupt if everybody was this successful. Instead, they normally end each year with a profit while most bettors don’t.
Casino gambling also creates some illusions regarding wins. For example, blackjack or baccarat players may also fall into the “breaking-even” mindset.
But generally, gaming lends itself to more transparent wins and losses. Most gamblers realize that they’re facing a house edge and are realistic about their lower odds of winning.
Casino Gambling Has More Bonuses & Promotions
One of the most attractive things about online and land-based casinos is the rewards. Brick-and-mortar casinos are well known for offering lavish comps, including fine dining, hotel suites, and limousine rides.
Gambling sites, meanwhile, offer casino bonuses, free spins, and cashback. The goal is to give gamblers back a percentage of their money so that they feel rewarded and will keep playing.
Many sportsbooks feature VIP programs and/or bonuses. However, their VIP rewards are nothing like what’s seen at casinos.
You may not care about these loyalty benefits if you’re killing it with sports betting and making lots of money. However, you can always appreciate getting cashback.
More Jackpots in Gaming
One of the main reasons why people play slot machines is the jackpots. They love the idea of betting anywhere from a quarter to a dollar and potentially winning a six or seven-figure jackpot.
Other games like Caribbean Stud Poker, blackjack, and video poker can also offer large progressive jackpots. Therefore, you’ll have no shortage of chances to win big in a casino.
The closest thing that sports betting has to a jackpot is a parlay. These wagers see you put a variety of outcomes on a single betting slip in hopes of winning a large payout.
However, parlay wins still don’t compare to some of the massive jackpots that players have won over the years.
The Ultimate Determinant in Choosing Sports Betting Over Casino Gaming
You can see that there are pros and cons to sports gambling. However, I believe that the advantages outweigh the downsides.
The best aspect of sports wagering is that it gives you the hope of winning profits. If you improve your skills enough, then you can win on a fairly consistent basis and make money from gambling.
Casino games like poker and blackjack (card counting) also offer this opportunity. But the majority of games don’t.
When looking at casino gambling in a broad sense, it just doesn’t provide a realistic chance to become a pro. Meanwhile, sports betting can be beaten in the long run.
I’m certainly not saying that it’s easy to win in sports gambling. After all, far more people lose money long term when betting on sports.
Different Types Of Betting
Again, though, the hope is at least alive for becoming a professional. Even if you never become a sharp, you may still enjoy the journey to improving your handicapping skills and winning at a higher rate.
Conclusion
Casino games are definitely a popular form of gambling. Some people never look past gaming once they get started.
However, these same people are missing out on other types of gambling — namely sports betting.
Sports wagering offers distinct advantages of casino gaming. For starters, it can actually deliver long-term profits.
Sure, you need to improve your skills to the point where you can consistently win. But the effort is totally worth it if you become a successful bettor.
Sports betting also has a wide variety of bet types and markets. You can wager on any of your favorite games and choose various bet types when doing so.
Of course, casino gambling has its benefits too. Gaming collectively features less-complicated strategy, larger bonuses, and huge jackpots.
Betting Type Definition
Nevertheless, I still think that sports betting is the superior form of gambling. It has the type of strategy and profit potential that keeps me more engaged.