Sports Betting vs Casino Betting

Sports betting and casino betting are both two of the most popular forms of entertainment worldwide. Despite the fact they are both forms of gambling, they both also differ in so many ways and provide totally unique experiences for players. If you are new to gambling, looking for a new side hustle or maybe just looking to switch from one to the other, you may be wondering what these differences are and which one is right for you. 

In this article we will explore these differences between sports and casino betting and help you determine which one is better, taking into consideration your potential interests, preferences, and overall goals. Whether you’re a sports fan wishing to bet on your favourite team, or a casino-goer wanting to try one of the thousands of games, we will provide you with the information you need to help make an informed decision.  

Which Can I Win More Money On 

Although both forms of betting do have some similarities there is a major difference in the way you place bets and calculate your wins. If you play casino games whether that be online or in person, you will have heard of the term ‘house edge’. This is essentially the mathematical advantage casinos give themselves to ensure they have a better chance of winning than the player. Casinos need to win more than the bettors do in order to stay in business. This is the same reason why games like roulette typically have two green pockets. The introduction of these extra pockets lowers your chances of winning from 50% to 47.4%. 

In sports betting however, the odds are based on the likelihood of the event occurring. For example, a team winning a game, a fighter doing X amount of rounds, or a horse winning a race. To stay in business sportsbooks take commission from losing wagers. 

The main difference we can take away from this is that in order to win non UK licensed  online casinos games you need to get lucky, whereas in sports betting you can raise your own chances of winning through knowledge of a particular sport. In sports betting you can make informed choices to give yourself a higher chance of winning, whereas no matter what you do your chances of winning if you bet black on roulette will always be 47.4%.

Which Provides More Play Time 

Although this may sound obvious you can only place bets on sports that are being played, and once your bets have been played you’re at mercy of fate and simply have to wait until the event is over. This is fine when using sports betting alongside an event but when you’re looking to actively bet it can be a short-lived experience. 

On the other hand you can spend hours in a physical casino buying drinks and playing games. On top of this online casinos are open 24/7, every single day of the year. Casino games definitely provide longer gaming sessions and more interactive gaming experiences. Although you could place in-play bets on numerous different sports most bettors only enjoy placing bets on sports or teams they are familiar with. 

Which Has More Betting Options 

This one is very difficult to call as both sports and casino betting both have countless ways to bet. If you’re bored of football, why not try horse racing or rugby or F1 or boxing and so on. On top of this there are also so many different forms of odds such as moneylines, totals, point spreads, accumulators, prop bets, live wagers and much more. 

Then there is casino betting which has countless different games such as blackjack, baccarat, roulette, craps, poker and slots. There are so many games and then there are also thousands of slots. Slots come in many different themes, and with many different gameplay mechanics and bonus features. 

Which Involves More Strategy 

Sports betting is the form of betting which has the most strategy involved as unless you are the most lucky person in the world you have very, very low chances of winning a bet without any planning. Strategy is required to sports bet successfully, whether that is simply researching teams data and statistics or using strategies such as matched betting. 

Casinos on the other hand do not require much of any strategy. There are many tricks and methods available to increase your chances of winning when playing casino games, however, they still usually boil down to luck. It also greatly depends on the game you are playing. Roulette for example is all luck based whereas games like poker can be won with strategy and practice. 

Which Is More Fulfilling 

Although some people are daunted by the idea of needing strategy or research to succeed in betting, others find it to be a very fulfilling experience. For sports fans, spending years viewing your favourite sport, becoming an expert, then using that knowledge to make accurate predictions is a great feeling. Furthermore, when you finally get to grips with more advanced techniques such as matched betting, you can start winning consistently. This can also be very fulfilling for many players who are able to find their own system on how to make consistent wins. 

Online casinos on the other hand vary. Luck based games are not as fulfilling, however the feeling of winning a jackpot or finally beating the casino can be a great one. Furthermore, getting good at games such as poker can be incredibly rewarding especially if you are able to bluff your way to wins in the casino. 

Summary 

These have been some of the major differences between sports betting and casino betting. Hopefully after viewing this article you now have a clearer idea of how they both function so you can decide which method of betting is right for you going forward. It’s important to ensure you always gamble responsibly as not gambling responsibly can lead to you chasing losses and ending up with more financial stress.