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?
Because it is easier to manipulate the winner by just keep betting on a game with lowest odd and huge wager and they can just keep repeating it until they win but in casino game the house got the edge so the player can't ensure profitable in long term which makes sense from business point of view. And sport betting wager not just add to the wagering contest but it also doesn't add upto the ranking and in some casino certain games are even doesn't count for vip rank.