It’s a quiet week for football with few games to bet on, but that doesn’t mean there’s nothing to bet on. In fact, many online bookmakers offer their customers the chance to gamble on other sports, such as horse racing and American football. But what if you’re looking for some action this week, why not try out an online casino like RTP Slot Live? In this article, we explain the difference between betting on football and gambling in casinos. We also list which bookmakers have an online casino, and tell you which games you can play.
Difference Between Casino and Bookmaker
Whether you bet on football, online roulette, or video slots, it all falls under games of chance. And to offer online games of chance in the Netherlands, you also need a license from the Kanspelautoriteit. Nevertheless, there are some essential differences between an online casino and a bookmaker. The main difference is that at an online casino you have to deal with a Return to Player (RTP) and Random Number Generator (RNG). While at a bookmaker you bet on sports matches where it is about odds that fluctuate.
Another difference between casinos and bookmakers is that bookmakers do not have an advantage over the house. When calculating odds, or rather when offering them, a margin is calculated, but a player can be profitable. How that works and why you would still want to play in an online casino I would explain. First, the RTP and RNG you just read about.
What is Return To Player and why is it important
Return to player is especially important for the online casino. It is a number that indicates how much of the money wagered is refunded to the player on average. The higher the RTP, the better it is for you as a player and the greater your chances of winning. A bookmaker does not have an RTP because he does not offer casino games. The number displayed in percentages will usually be somewhere between 94% and 98%. A Return To Player of 95% means that 95 euros will be paid out for every 100 euros played. In other words, there is a margin of 5% for the Casino.
How does a Random Number Generator work
A Random Number Generator or RNG is a computer program that randomly generates numbers. This is used in online casinos to ensure that the outcome of a game cannot be predicted by anyone. The RNG also determines how often a certain symbol appears on the reels of a slot machine, for example. With an RNG it is impossible to manipulate games because the Random Number Generator ensures that everything runs fairly.
How to win at a bookmaker
Bookmakers, unlike casinos, calculate the probability of an outcome themselves. Of course, there are plenty of tools, and computer-controlled algorithms that help with this, but it remains unpredictable. If you are better at predicting results, you can beat the bookmaker in the long run. The bookmaker always has a margin, but that doesn’t mean you can’t be profitable in the long run. Many people earn their living betting on sports, compare it to trading stocks, you can get good at it.
Why play in a casino?
So far not really a promotion to play in an online casino but that is because I have not yet discussed the most important thing, happiness in the casino. As an example, let’s take online roulette, a game that everyone knows. A roulette table has 37 squares, 0 to 36. If you place a chip on the winning number, you will receive your placed chip from the casino and 35x your bet paid out. If you place the same bet on every number, you will always lose. The advantage of the house. If you bet all 37 chips on one number, the chances of winning are small, but are you lucky? Then you walk off the table with a lot of money.