Gambling is an activity that many believe can be traced back to the earliest human societies. While we have no evidence, many historians believe that gambling originated in the prehistoric era, when the first communities formed. Whether that is the case or not remains a mystery. We know that gambling was a big part of early civilizations such as Ancient Egypt, Greece, Babylon, etc.
In much the same vein, athletic competitions have existed since the Ancient World. Chariot races, wrestling competitions, and even precursors to football were all a massive part of ancient cultures. And, of course, we are all familiar with the Olympic Games and their Ancient Greek origin. So, it is no surprise to find that wagering on these events was immensely popular.
The point we are making here is that the crossover between gambling and sports betting is nothing new. However, there has undoubtedly been a push in recent years to blend the two industries. In this article, we want to explore the trend of crossing roulette over with sports betting and how well it has turned out for both industries.
Roulette and Sports Betting
The sports betting industry in 2023 is more prosperous than ever. The reason for this is simple: sports are more popular than ever. Football stands atop the sports world, with over 3 billion fans worldwide. Such a large fan base has contributed significantly to the game’s popularity in betting. Apart from football, cricket, basketball, hockey, and horse racing are all trendy betting sports.
On the other hand, roulette is one of the most well-known and beloved gambling games in the world. The wheel is so popular that many gambling establishments use it as a symbol. Naturally, one of the most iconic casino games must also be one of the most popular.
The Crossover
Due to regulations imposed on the iGaming industry, online wagering has become safer and more profitable. Recently, online sportsbooks have been growing in popularity. And the same is true for online gambling websites.
Online gambling is complicated in the United States, as laws vary from state to state. However, if you want to play roulette online for real money in the USA, you can now check out most online sports betting websites.
For those who don’t know, many sports betting websites have recently begun incorporating roulette games into their roster. The development has had a major impact on both industries. How it has had an impact are the following:
- It brings people interested in both sports betting and roulette to one website
- It sparks an interest in sports betting among roulette players
- It sparks an interest in roulette among bettors
Overall, the crossover has had an incredible impact on both. Sportsbook operators have noticed a significant rise in popularity. So, why does crossing roulette over with sports betting work so well?
The Similarities
The two work well because of the similar betting strategies required to succeed at both. Gamblers and bettors have worked tirelessly to develop functional systems to help them get ahead. Some of the most well-known include the following:
- The Fibonacci System
Named after the notable Fibonacci sequence, this betting system requires a gambler to place a bet equal to the sum of their two previous bets. An example would look something like this:
$5 – $5 – $10 – $15 – $25 – $40
The goal is to ensure you will get back any money you might have lost during a failed bet and make a profit. The Fibonacci betting system is prevalent in roulette, slots, and sports betting.
- The Martingale System
Like the Fibonacci system, the Martingale betting strategy requires bettors to double their wager every time they lose a game. So, if we take a $5 starting bet, a Martingale strategy would look something like this:
$5 – $10 – $20 – $40 – $80
The Martingale has created in 18th century France, and much like the Fibonacci sequence, the goal is to get back any money you’ve lost while also making a profit.
- The James Bond
Named after one of the most famous spy fiction franchises, the James Bond system is a recent betting strategy explicitly used for roulette. Bettors must place 20 wagers of varying value, hoping for one hit. If done right, it could result in quite a profit. If flubbed, however, a gambler could lose a lot of cash.
Sports Betting and Roulette Odds
Sports betting fans will know that sports odds are volatile and could change daily. For example, college basketball fans could find their favored team has an incredible winning streak, followed by a slump. Naturally, this results in different odds and expectations.
Roulette odds, on the other hand, are a lot more straightforward. While it could depend from website to website, most roulette players will face consistent odds. It is worth noting that the French/European roulette style offers better player odds than the American variant.
Tips for Fans of Both
This final section discusses the importance of choosing the right website. Online sports betting and roulette websites vary; the best you can do is pick one that suits your taste. However, when selecting a website, ensure that a reputable authority licenses it. Finding a licensed website ensures your experience is safe, secure, and fair. Some of the best licenses come from European Union-affiliated states like the UK and Malta or Caribbean countries like Curacao.
FAQ
Is roulette growing in popularity?
Yes. Online roulette is growing in popularity, mainly due to the recent growth of the online gambling industry.
Can I play online roulette for real money?
Absolutely. Plenty of sportsbooks and online casinos let you play roulette for real money.
Is there a connection between sports betting and roulette?
Both are subsects of the gambling/betting industry and incorporate similar strategies for an optimal outcome.
