The boom of the online gambling and betting industry has been pretty much transparent over the past decade. Even though the first online gambling website emerged in 1994, the trend wasn’t that popular up until 2010. Moreover, the recent 2018 US gambling law change has had a huge impact on the industry growth. Nowadays there are more than 1.6 billion people who enjoy gambling activities and approximately 17% of all the people on the planet gamble online.
Two of the most popular gambling types online are sports betting and playing online casino games. But the question we want to ask here is, which one is better – playing online casino games or placing sports wagers? If you are considering trying either of the two, but are wondering which one is for you stay tuned. Let’s dig a little deeper into the subject and present you with some of the pros and cons of both casino playing and sports betting.
What Makes Sports Betting So Popular?
The thing that makes sports betting so popular is actually sports. It is a well-known fact that people love playing, attending and watching sports. The rise of adrenaline levels that comes from watching your favorite team playing cannot be compared to anything else in the world, right? What spices things up is definitely the unpredictability factor. People love to hope and make predictions that turn out to be correct – which is the feeling that gets most people hooked on sports betting.
Moreover, sports betting gives wagerers a chance to feel more involved in the whole process. As if they were participating in the game. However, let’s not forget that there are bettors who simply love placing wagers regardless of the sport type or bet type. Each year another state opens it’s door for legal online betting and players can place wagers without the fear of getting caught. For example, in Oregon sports betting is very popular. Many bettors consider it a hobby and also try to earn some money along the way. When combined, love for sports and sports betting can actually bring some really good results to those hoping to get big winnings.
What Makes Online Casino Playing So Popular?
You have probably noticed that more and more online casinos are emerging every day. You can find a good one by reading reviews, checking out the casinos analyzer, or simply by testing them out. The online gambling market is growing rapidly, and new and innovative casinos are winning over the hearts of fellow players. And how can one not love playing online casino games when they bring so much excitement, joy, and adrenaline rush? Plus, there is always a chance that you will win a big prize when playing jackpot slots, slots tournaments, poker tournaments, and more.
What also makes online casino games so attractive to players is the fact that you don’t need much knowledge in order to play. All you need to do is register, deposit some funds and find the game you want to play. In other words, this type of entertainment is accessible and instant.
The Main Differences
Each of these gambling types has its good and bad sides. Sports betting fans know that they cannot wing a bet for certain, but there is a chance to implement strategies that will work. In addition, knowledge, following players’ statistics, past seasons’ performance, as well as news about transfers, can help bettors predict a possible outcome of a game. Still, single bets usually cannot bring great winnings, and if you are choosing accumulator bets the chances of winning are lower.
On the other hand, playing casino games can bring you bigger winnings – especially if you hit the jackpot. There Have been cases where players managed to win millions by playing online casino games. But, the players won’t be able to win that often when playing online casino games.
Understanding Online Casinos and Sportsbooks
If we are to discuss how big a chance you have at winning in an online casino versus an online sportsbook – the two are actually quite similar but again so different. In essence, you will deal with a long-term advantage to the house and short-term winnings when playing online casino games. After all, the house always wins, and you need to remember that at all times.
But, when placing spots bets you won’t be dealing with the house edge but rather the vigorish. If this term doesn’t sound familiar you have probably heard of some alternatives like the margin, cut, take, or juice. And yet again, it is what the sportsbooks take in the long run.
Which One To Choose?
After all, it all comes down to your personal preferences. Betting on sports can be fun and give you an opportunity to show your knowledge and possibly make some money. And, online casinos offer instant entertainment, all the time, where you can hope to win big jackpots while having fun. So, which one suits you better, sports betting or casinos?