Online Casino's and Sportbetting platforms are both very lucrative businesses to venture into, but which of these businesses do you think make the most profit?
If you have an opportunity to start one of these, which of them will it be, Sportbetting or Online Casino?
Please give a good reason for your choice.
Some people like a sport betting or some like casino for a gambling. In both you have some experience or knowledge about the casino or sport betting. I see that there many people who like sport and also betting on them. But both are profitable in own ways.
Both of them are "profitable"? Hell no! Both of them will always lead to losses in the long term so let's be clear that about.
Whether you play casino games like slots or you play sports betting it completely depends on your choice and while sports betting has some room for analysis, they carry a larger edge for the house as compared to the casino games.
I give you an example, a sports game has equal chances for 2 players it would have 1.85x odds on each, while if you play dice with 50% win probability, you would get 1.98x or 1.99x for the same chances.
Making up some comparison for a dice game with sports betting then it cant really be denied that odds are different and it is really much worth on getting that 1.98x profit for dice but when we do dig further
then it is really something that cant really be applied with some analysis and strategies unlike on sports which you can really have that edge even on getting 1.8 or less or something like that then i could
say that it would really be worth but there are people whom do really love dice that much which they do really prefer on having that instant results despite on being
totally random which it isnt really somethat that surprising, so in short it does really vary with someones preference.