The synergistic parallel between internet casino gambling & sports betting, especially where strategies are concerned.
To those who don’t
appreciate the thrill of risk-taking, all forms of gambling are the
same. For those who do enjoy a friendly wager now again, casino games
and sports gambling don’t seem to have anything else in common, aside
from the risk factor. Oddly enough, the assessment of non-gamblers
could be more accurate here.
As dissimilar as
these two activities seem to be, they actually have a lot more in
common than most people realize – far beyond the fact they do both
classify as a gambling activity. We’ll take a quick look at some of
the more interesting parallels between the two.
Internet Casino Gambling & Sports Betting Synergies
If you partake in
one of these activities but not the other, you may be wondering why
the relationship between them matters. I suppose it depends on what
type of gambler you are. Do you play purely for fun, ignoring any
strategic aspect that might increase your odds of winning? Or are you
the type to seek knowledge in all wagers, making the smartest
decisions in hopes of reaping cash rewards on top of the inherent
The point of this
exercise is to determine whether there’s a comparable relationship to
the strategies behind these two types of games. If that’s the case –
if the strategies do align – you may find it worth your while to
broaden your horizons.
Handicaps and Hedging in Roulette
Every avid sports
bettor is familiar with the concepts of handicapping a match and
hedging bets. Handicapping is the process of researching player and
team stats, match-up performance history, location, weather, injuries
and other aspects that could impact the outcome of a contest. Bet
hedging is placing multiple wagers that, combined, increase your odds
above 50% to win.
The exact same
concepts can be transferred to specific casino games – particularly
European roulette. For example, there is no single wager that offers
an above 50% chance of beating the casino. The best you’ll get is a
48.65% chance of winning an even-money bet (black, red, odd, even,
high, or low). However, by placing a the right size bets on specific
colors and numbers, while placing a smaller wager on the 0, you can
slide the scale to a 68% chance of winning.
In-Play Betting and Blackjack
give punters access to in-play wagers at the touch of a finger. The
New England Patriots have the ball – will Tom Brady march them down
the field for a passing touchdown? Tap a button to put $5 on Yes or No. Is this not the same as the option to Double Down when the dealer gives you 11, or Split a pair of 8s?
situations in which the bettor is given extra information. If we’ve
been watching the game, we know if Brady is on fire, or if his
receivers are outmatched. In the same token, if you have soft 11 and
the dealer is showing 6, you can use this extra information to
determine doubling down – risking that extra wager – is the
strategically proper move.
Picking Favorites and Slot Machines
This last section is ‘just for fun‘ – pun intended. If we remove the strategic element from the equation, we continue to find similarities between internet casino gambling and sports betting. Sports fans who place friendly wagers on their favorite teams are no different than slots players who hit the casino for no other reason than sheer entertainment.
Neither is basing
their decisions on strategy. They are only looking for a good time.
The sports bettor is increasing their desire to see their team win,
while the slots fan is getting a thrill from the flashing lights and
energetic chimes of the machine.
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Adalene Lucas: is our jack of all trades here at DBC. She is a skilled coder, gambler, writer and webmaster. She lives in Manitoba where she enjoys the lush landscapes and camping near Tulabi Falls. Nature gives her inspiration to write. When she's not immersed in nature, her favorite words are "game theory". She lives with her husband and their two Labradors, Kophy and Whisper.