3 ms·

It's (relatively) easy to show the math on why casino games are impossible to win, but what about sports betting? Does the house always have the advantage? Perh

It's (relatively) easy to show the math on why casino games are impossible to win, but what about sports betting? Does the house always have the advantage? Perhaps it's slightly better for the gamer? FWIW I was looking a betting website recently [0] and they were offering DOUBLE your initial deposit for signing-up, up to $1000. So to reiterate, they are willing to give up to $1000 for FREE just for creating an account. All I can imagine is that they would only do this if the numbers are vastly not in your favor. [0] I'm not going to post the name of said website.

OscarCunningham 7y ago
>Does the house always have the advantage? The mathematics doesn't really matter because if you find a systematic way of winning then they just ban you.
- SmellyGeekBoy 7y ago
  So... yes?
listenallyall 7y ago
>> just for creating an account No, for creating an account, funding it AND making a significant amount of wagers. The details vary by site, but there are always restrictions in the fine print -- either you only "earn" the bonus a few percent at a time, or you aren't allowed to withdraw until you've made enough bets, or some similar restriction. I'd guess that some or all of the "free" $1000 is inaccessible until you've made a 10x rollover, or $10,000 in wagers.
Gustomaximus 7y ago
You have to bet the bonus money at least once. I did this. Bet the bonus on some super low odds trots race to place that was as good odds as anything to get my money back and then bet the other half on a 36:1 long shot that Bernie would win the nomination. I got my money back with the low odds Trotter, otherwise I would have bet the balance on another low odds event. Obviously didn't win the long shot. Not sure why I did it as I don't normally gamble but generally curious and though it was a fun way to risk a small amount to potentially win a "free" holiday.

OscarCunningham 7y ago

>Does the house always have the advantage? The mathematics doesn't really matter because if you find a systematic way of winning then they just ban you.

SmellyGeekBoy 7y ago
So... yes?

listenallyall 7y ago

>> just for creating an account No, for creating an account, funding it AND making a significant amount of wagers. The details vary by site, but there are always restrictions in the fine print -- either you only "earn" the bonus a few percent at a time, or you aren't allowed to withdraw until you've made enough bets, or some similar restriction. I'd guess that some or all of the "free" $1000 is inaccessible until you've made a 10x rollover, or $10,000 in wagers.

Gustomaximus 7y ago

You have to bet the bonus money at least once. I did this. Bet the bonus on some super low odds trots race to place that was as good odds as anything to get my money back and then bet the other half on a 36:1 long shot that Bernie would win the nomination. I got my money back with the low odds Trotter, otherwise I would have bet the balance on another low odds event. Obviously didn't win the long shot. Not sure why I did it as I don't normally gamble but generally curious and though it was a fun way to risk a small amount to potentially win a "free" holiday.