Theoretically casino bets are more risky than the sport betting.
How is that? Take dice for example where you have 45.5% chance to double money. And now take one random soccer match where 2 teams from middle table are playing against each other and payouts on both outcomes are 2X, tie 3X. How is this different than dice? Can you know result? No.
And also in a casino game there is a house edge which you can not defeat. But in sport betting there is no such things.
This is wrong statement, unless bookie make mistake sport betting is EV- game which means they have house edge.