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Online Casinos vs Sports Betting

We have been noticing the significant growth of online gambling and betting sites over the past decade. Although online casino sites appeared in 1994, many people did not see this as an entertainment activity. But it is worth noting that gambling back then was not as developed as today. In fact, 20 years later, the gambling law has changed, new technologies have appeared thereby attracting millions of players. Nowadays, over 1,7 billion players enjoy gambling and 17% of all people gamble online from time to time.

Sports betting and online casino betting are two of the most popular gambling types. On this page, we are trying to answer the question, which one is better: placing on sports teams or spinning reels at casino slots. If you’re trying to choose one of these, and do not know which one is yours, stay tuned. To deeply analyze these types of gambling, we present you with the pros and cons of sports and casino betting.

Why is Sports Betting So Popular?

Basically, sports betting is about sports, and people love it. We all somehow feel the connection to sports. Some love playing football (soccer), others love watching rugby matches. Attending the sporting event raises the adrenaline levels that come from watching your favorite team. For most people, watching sports is the best thing in the world. We love to make predictions and hope for the winning of our favorite team. As a result, this feeling gets sports lovers hooked on sports betting.

In addition, sports betting gives a feeling of involvement in the team or sports event. It gets the feeling of participation. Of course, some players place bets regardless of the sport type and team. They consider it a hobby and try to make money on sports betting. However, if we combine sports betting and the love and connection to a certain sport, it will lead to really good results and big winnings.

Why Are Online Casinos So Popular?

The casino gambling industry has grown tremendously. In 2021, it’s very easy to find a reliable gambling site by reading reviews, analyzing the top online casinos NZ, or just testing them out by yourself. The gambling market has brought many innovations and new features to online casino games. Therefore, it led to more positive emotions, more joy, and an adrenaline rush. In addition, you will always have a chance to hit the jackpot or a large prize when playing slots, table games, and tournaments.

Also, online casinos do not require any knowledge of players. Before the game, just make sure to read the rules, and terms with conditions of the casino. If everything is good, register an account, deposit some funds, get the bonus (if possible) and find the game you like. The whole process is very accessible and instant.

The main differences

Sports betting and casino games have good and bad sides. Fans of sports betting cannot hit multi-million jackpots, however, they can implement gambling strategies. Moreover, bettors should be aware of the players’ statistics, news about transfers, and performance statistics to predict the possible outcome of the game. So, be careful with sports betting, since a single bet will not bring great winnings.

On the other hand, online slots can bring huge winnings, especially if you hit the jackpot. The history of casino winnings gives inspirational information. Many lucky players have managed to win multi-million jackpots. However, the chance is really low. But you have to understand that online casinos are not only about jackpots. Regular winnings can bring 10x, 20x, 100x of your bet.

Moreover, playing online slots you have to deal with the house edge, and the casino will always end up winning. Betting on sports won’t touch you with the house edge, however, the owners of betting sites take the margin.

What to choose?

All in all, it depends on your personal preferences. To conclude, sports betting is fun and will possibly bring some money if you show the knowledge. However, playing online casinos is the fast way to start your gambling journey and possibly end up winning good cash. Let’s hope for a gigantic jackpot. We have mentioned all advantages and disadvantages of both types of gambling, now you decide what to choose.

Online Casinos vs Sports Betting
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FAQ

What is in the article?

 

  • What is the process of withdrawing?
  • Tips for convenient money processing
  • Methods for withdrawals

What is the process of withdrawing?

First thing you should take into account when thinking of cashing out the winnings is the time it takes to transfer the money to the banking account. Regardless the deposits are instant, the withdrawal process requires some security and verification processes. As soon as you made a request for withdrawing, don’t be shocked, it can take up to 4-5 days for the money to transfer from the casino account to your card. Although, it’s usually a lot faster, especially using e-wallets, because e-wallets are the quickest method right now. Such payments systems, like Skrill or Neteller, take from 0-72 hours to make a transaction. However, the bank wire transfers will take much longer.

Tips for convenient money processing

Don’t cashout the whole sum. If you win a large amount of money and are ready to withdraw all of them, ask yourself two questions: am I going to continue playing? or am I going to stop gambling for a while?. If you think to continue playing later, we recommend you to keep some money on the account and do not pay out every cent. Otherwise, you will have to again make deposits and just spend too much time on it.
Think ahead. Create a weekly plan when you will make a withdrawal, for example, on a certain day on the week, and stick to the plan. In this case you will always know when the next transfer is, and when the money drops on the banking account.

Methods for withdrawals

In fact, each casino provides a list of available options to make payouts. Mostly, the list is pretty similar, however, different casinos provide different withdrawal time, security aspects, privacy and other features. The fastest methods are e-wallets, such as Skrill, Instadebit, PayPal, Neteller, EcoPay, and Citadel. All of them provide fast transaction and secure service.

Conclusion

All things considered, money transferring, especially payouts, take some time. In order to minimize the time you should choose the suitable method and stick to the useful tips and strategies. Furthermore, there are a large number of methods you can choose from, however, not all of them are free and secure. By that, we recommend you to use e-wallets from our list and be confident in your financial safety.

Among all the games presented in the lobby of online casinos, surely, there are games with the HOT and COLD marks. Perhaps, you are confused by the signs and hesitate which game to play: hot or cold? Let me clarify this moment for you.

The HOT games are the top games, in other words. They are the most popular among online players. Generally speaking, the HOT sign means that gamblers have played this game a million times and are still playing it. To cease your high expectations, it does not mean that the game brings much profit. However, if it is a progressive Jackpot game marked HOT, then you can hit the Jackpot with a high probability. This is due to the fact that there are too many players betting at the same time.

On the other hand, the COLD games are not so different from the HOT ones. The only thing in contrast is the number of players. COLD games are not so popular, so they are marked accordingly. Again, it does not mean that COLD cannot be profitable. They are ordinary games with the same high RTP.

People losing money. Generally speaking, casinos use tricks to attract new players. Have you heard about the welcome bonuses that casinos provide? Surely, yes. In fact, by doing this you need to make an account and deposit some money. Once you have done this, it’ll be easy to deposit more in the future.

House Edge

The real earnings do not depend on players losing money, but also they take a house edge. They take a small percent every time you play a game. However, the percentage is not that big, around 5%. It’s definitely enough to make a lot of money, because you are not the only one who plays the game. The slots and roulette are the most profitable games, due the highest percentage. Moreover, there is another source of income. The easiest one is to involve commissions. The casino takes a percentage of the bet.

Conclusion

All things considered, online casinos make a lot of money, don’t worry about being scammed. Take into account, there are many people playing at the same time as you.

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