Can You Make Money From Betting & Gambling ?

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9 Feb 2024
40

No, you can not make money from betting and gambling. Here are reasons to believe that the entire system was designed to steal your money.

LOW WINNING POSSIBILITY IN CASINO GAMES

  • Slots: These have some of the worst odds, with house edges often ranging from 5% to 25%. While winning small amounts may happen frequently, hitting the jackpot is extremely rare.
  • Blackjack: With optimal strategy, this game offers the best odds for players, with a house edge as low as 0.5%. However, any deviation from perfect play increases the house edge significantly.
  • Table Games: Games like baccarat, roulette, and craps also have varying house edges, typically ranging from 1% to 15%. Understanding the specific bets and their odds within each game is crucial.


FIXED MATCH FRAUD IN SPORTS BETTING
Fixed match fraud in sports is a serious issue that negatively impacts the integrity and fairness of competition. Here's a breakdown of its key aspects:
What is it?

  • Manipulation of a match's outcome for personal gain, usually through bribery or blackmail.
  • Can involve players, referees, coaches, officials, and even organized crime syndicates.
  • Takes various forms, including match-fixing (predetermined winner), point shaving (losing by a specific margin), and spot-fixing (specific events within a match).


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