Quote from: BitGoba on Today at 05:26:54 PM

Quote from: Maslate on July 31, 2025, 11:37:42 PM

Why is it that wagering contests are usually on games with a house edge and not on sports betting?

I’ve seen a few contests where you need to reach a certain wager amount to qualify, and sometimes the player with the highest total wagers wins by the end of a set date and time. But it’s almost always on slots or other casino games with a house edge, not on sports. Any reason why that’s the case?

It’s because casino games like slots have a built-in house edge, so the casino always makes money in the long run, even during contests. With sports betting, outcomes are less predictable and skilled bettors could actually win long term, which is riskier for the house. Also, slots let you place tons of bets quickly, which fits better with “highest wager” contests.

Since i have not been into a casino business i cant be precise about their main reason behind this, but as we already, house edge is more common with the slots games and other related games of its kind, while in terms of sport bets, we may have a long time experience playing it and still have almost the same proportion of winning and losing at the long run, if we look at the two in consideration, there is no one having more edge than the other, either in playing slot or sport bets, they are all known for their kind and requirements to play them.