Thanks to the advances in mobile technology, online gambling has blown up. Nowadays you can place bets from your smartphone regardless of the time or the place. And, all of the platforms that offer the activity are vetted and financially stable, so payouts are guaranteed. You just need to bet wisely.
It’s been two years since the ban of betting on commercial sports in the US has been lifted. One that was in place due to a 1992 federal law. It was thought that it would open doors to legalizing more than $150 billion in illegal bets placed each year.
Of course, the industry didn’t even get close to these numbers. It also hasn’t gotten close to its other online gambling compatriot, digital casinos. These bring in annual revenues of $60 billion worldwide, and that number is projected to rise to $90 billion in 4 years. So, why is it that these platforms are so far ahead? Well, for one, they’ve been on the scene for over two and a half decades, and there are a ton of options. An exceptional choice is novibet.co.uk (non-USA), a platform that offers both, sports and casino betting.
Seeing as football is the most popular sport in the US, and enticing to bet on. It’s intriguing to see how gambling on it compares to doing the same at an online casino.
Odds vs House Edge
In sports betting the odds are calculated according to the probability of the result of a game. Who’s playing, where are they playing, the run they been on, and so on? All these play a factor in determining the odds. To win many times over your initial bet, you’d have to land a major upset.
With casinos, the platform always has a mathematical advantage over the player, who knows and understands the exact percentage. However, that number is valid in the long-term, and it states that over time you can’t beat the casino. But, in the short-term, anything is possible.
Availability of Bets
You can’t bet on NFL games whenever you feel like it. The first condition is that a game has to be scheduled and take place. So, if you get the itch and the season hasn’t started, you’ll have to bet on other sports or games from less popular leagues.
Casino betting, on the other hand, is a 24/7, 365 day a year thing. It’s also not bound by world-events, like pandemics.
Variety
Now, you may be thinking – “do you know how many different types of bets I can place on a football game?” There’s pass completion, the type of play the offense will call next, and so on. If you’ve never played a slot, then you don’t know that some of these games offer thousands of winning combinations that pay out different amounts.
Then, you can compare the 256 games that take place during one NFL season, to close to 5,000 available slot games online, and every single type of live table game ever created.