Betting is one of the oldest activities known to man. According to numerous resources, it seems like the first forms of gambling have appeared thousands of years ago. Ever since people started to gamble, to this day, gambling has been proven as an important part of human history, culture, heritage and socialization.
It was and still is a great way to interact with people who have the same passion while hoping to earn money. The first card games were being played in gambling houses often illegally or privately while placing bets on animal races was considered a normal thing. By the time when the first casinos appeared four centuries ago, the authorities started to notice the need to regulate this area. Brick and mortar casinos were the only source of gambling for years. Today, the gambling industry is somewhat different. While there’s still a lot of famous casinos such as the Bellagio in Las Vegas, or the casino de Monte Carlo in Monaco, the gambling industry has almost completely switched to online gambling. The ease of access, remoteness, and other elements have opened an unparalleled array of options for all gambling lovers.
Although betting on sports and other casino games have the same origins, sportsbooks are almost completely different from playing poker or trying your luck on slots – not only the process is completely diverse, but the goals, skills and requirements too.
Casino games are most of the time based solely on luck or there is a great percentage of luck affecting the winnings. Professional gamblers are people who have a lot of experience, which then allows them to create a strategy, analyse people and their behaviour, and predict the possible outcomes. However, they can never be completely sure that they will beat the odds, outsmart the computer or the house, and win the money.
On the other hand, sports bettors cannot be sure about the outcome as well but are not relying on random factors, but rather on the overall sports performance of a player or a team, their performance history and more importantly – their own sports passion and knowledge. If you’re a sports enthusiast, chances are you know a lot about your favourite sport, teams, players and leagues, and you can easily use your knowledge to financially benefit, and turn it into a lucrative hobby.
Thanks to technological innovations, casino games as well as online sportsbooks are equally popular and equally accessible, allowing their players to indulge in their favourite games anytime and anywhere. The gambling industry has never been so powerful, and it seems like it will only get bigger in the following years.
What makes a distinction between online sportsbooks and online casinos is the fact that sports betting requires knowledge, while other gambling games require experience and skills. If you are a sports enthusiast, you are surely having fun just by watching your favourite matches and spending quality time with your friends and family next to the TV. Or, checking the highlights from the day before is probably the first thing you do in the morning and it makes you happy. If this is the case, you will presumably place bets on the teams you believe will win, as well as your favourite players. You may also be familiar with their winning history, so you can predict what will happen in the future and bet accordingly.
This is why Sports Betting is much more entertaining than playing poker or blackjack. While playing poker is fascinating for some because it requires psychological strength, skills and experience, it’s a highly competitive game where you try to outsmart other people.
In Sports betting, it’s not like this. Watching the games is itself thrilling but betting on the outcome of a certain game brings even more exciting because it’s based on real events with your favourite players. Still, excitement is not the only reason why people prefer online Sportsbooks over online casinos. Although there are a lot of games available in casinos, there are more sport choices in Sports betting.
This means you can place bets on more than 20 sports, whether it’s boxing, golf for basketball, offering a plethora of options you can choose from.
One of the things that cannot be overlooked when talking about casinos and online sportsbooks is the fact that more money could be earned through sports betting if you have a good strategy or you use some of the available tools such as machine learning platforms. Or if you simply are skilled enough to make great predictions all by yourself, when it comes to sports events.
The risk of losing your money is present in both cases. In order to make profits, you have to risk your money the same way if you play poker or if you bet on a football match. However, sports betting allows you to have more consistent winnings and build your profits gradually, based on real data. If you manage to be successful half of the time, it’s more than enough to earn significant amounts of money, depending on the leagues and types of sport you bet on. Still, if you get lucky, you can earn incredible amounts of money with just one roulette spin. It all depends on what you prefer!
And while most online sportsbooks are legal and sports betting, in general, is legalised in many countries in the world, online gambling as well as gambling in brick-and-mortar casinos is legal only in some countries. This is the reason you might need to get informed before you indulge in this kind of activity.
Finally, it all goes down to your preferences and interests.
If you love to analyse, predict, and collect data, combined with a great passion for sports – then Sports Betting will be a better option for you, because casino gambling gives you only a limited opportunity to analyse what’s going on, and you can’t compare the winning history and other elements, the same way you can do it in online Sportsbooks.
However, there is one thing you should have in mind, and that is – both of these gambling activities are unpredictable. Just like life, there could be a lot of things you didn’t expect to happen, and you’ll have to be prepared for every one of them. It would be best to try a bit of everything and then decide what fits you, and finally – what fulfils you. This will allow you to enjoy the experience, have fun, and earn some extra money. Good luck!