In the casino you can rely only on luck. In sports, you can pretty well learn to predict events.
Yes Agreed, whatever we do in the casino, we can not reduce the risk of our defeat. All victories still depend on luck. While in sport betting, we can reduce the risk of defeat. As long as we can analyze well, we can reduce the risk. That's why I think casinos are more risky than sports betting.
Either way fifty fifty chance is more looming and even in sports prediction wont be true and risk is the same ,the only advantage is that we get to analyze everything in sports betting where as in casinos it all depends upon your luck factor and the past performance in sport does not necessarily convert to the performance in the field.So i would say the risk is even.