There is something intoxicating when one walks into a casino. All the bright lights, the sounds and the people make for the perfect setting to live on the wild side of life for a while.
Gambling has its ups and downs, but it is the unpredictability of it all that makes it so exciting. Some would put gambling and sports betting in the same camp, but the two could not be further removed from each other. Here is a quick look at the differences between the two.
What is gambling exactly?
Gambling is associated with risk. One has to wager on the outcome of a game that has an uncertain result. Although there are ways to mitigate the risk, the chance of the game turning out in your favor is as good as the odds that are stacked against you.
To make things more enticing, Gamblizard offers free no deposit casino bonus codes and lure players to casinos with an extra bit of confidence. The fact remains that gambling is an activity that relies on luck more than calculated choices. It has nothing to do with a person’s skill or experience.
What are some of the most popular gambling activities?
When one walks into a casino, there are hundreds of different games to gamble on. Some of the most popular ones are video slots and progressive slots. These games are completely random and a person can strike it lucky early on in an evening or crash out hard.
Games that require a bit more skill and deception are poker, blackjack and baccarat. For the people who like playing the odds, games like craps and roulette are more their style.
The one thing that all of these games have in common is that there is no guarantee that the game will end favorably for the player.
What are sports betting?
Although there is a bit of luck involved when placing bets in sport, there is also a bit more control and predictability of what the outcome of a game will be. It is a side branch of gambling because the result of a game is always unknown and the sporting world is notorious for upsets and match-fixing.
When one bets on boxing or wrestling, there is a bigger risk of being wrong, not only because the fighters can have an off day, but because there are other role players who have their hand in the cookie jar.
These people try (and often succeed) in swinging the outcome of a fight in their favor because it is to difficult to prove that a match was thrown
How to get good at sports betting
Whereas casino gambling relies on pure luck, there is some calculation to be done when one bets on a sport. The player needs to do some homework and read the odds.
There are many factors to take into account when placing a bet and the more info one has, the more informed bet the player can make. Although there is no foolproof method of securing an outcome, history is often a good indicator of what will happen.
The key is never to bet too high and also to follow more than one type of sport. This allows a player to mitigate risk and spread earning potential.
So what is the big difference between the two?
Although gambling and betting are very similar, there are also some key differences. When one gambles, the outcome is not based on any information. The choice is random and the outcome can go any which way.
When it comes to betting, the outcome of an event might be uncertain, but the outcome can be carefully predicted by following trends, reading up on teams and player updates and statuses and, of course, going with your gut.
There is a risk involved in both gambling and betting, but the risk is higher in gambling. Both gambling and betting are legal activities, but they also have illegal underground events that are not sanctioned.
Whether you want to bet on an upcoming wrestling match or try your luck on the craps table, you are sure to get a good dose of adrenaline as you watch the events unfold in front of your eyes. The feeling of having no control and being at the mercy of other people or machines is enough to get anyone’s heart pumping. The one thing to remember is to bet or gamble with a sober mind and know when it is time to walk away.
Paul Calderon crunches numbers like a pro due to his education in maths and statistics and work background in casinos for over ten years. He knew what he could do best to build a strong career and since then, he has been working as a gambling writer and casino auditor and security specialist. That’s surely offbeat and basis his talent, he has a long way to go.
Note: This article is sponsored and does not reflect the thoughts or opinions of Fightful. Please bet responsibly and at your own risk.