Since its first appearance in the 1990s, sports betting has evolved so much the past years. At first, it is just offering a waging game in an actual sports play, but now, it embarked on the virtual world and even created variations. Sports betting is not a chance-based game like what is offered in the game houses instead it is more of a skill- and knowledge-based game in which both are needed to formulate a good strategy.
DFS is better than TBS
There are two general forms of sports betting: traditional and fantasy, and each offers different benefits and disadvantages which are shown below.
Criteria | Fantasy Sports Betting (FSB) |
Traditional Sports Betting (TSB) |
Host | Sportsbook | Bookmaker |
Team Optimization | Player’s choice | Prearranged team |
Mechanism | Bet on a virtual team that is likely to win | Bet on an actual team that is likely to win |
Game Mode | Virtual | Live |
Commission | 10% | 5% |
Condition | Virtual | Live |
Opponent | Other players | Bookmaker |
Odds | In favor of the players and has a 50/50 winning chance | In favor of the bookmaker |
Comparing the two, FSB is better than TSB in winning probability and this player’s odds can be enhanced further using the right optimizer for a sportsbook.
Sportsbooks’ Role in DFS
Sportsbooks are like the bookmaker counterpart in FSB. They will host the game wherein your lineup will be played and matched against other players. This can be done on a one-on-one or pool basis. The only difference here is that the sportsbook will impose a greater commission on the winner compared to TSB. Today, numerous sportsbooks are operating worldwide and most of them are found in cyberspace that includes FanDuel and DraftKings which are one of the top hosts of FSB. Each of these sportsbooks works differently in their lineups that is why it is better to use the right tool for team creation like DraftKings Optimizer and FanDuel optimizer.
Winning in NHL DraftKings Sports Betting: Is it luck or it is pure math?
Sports betting mechanism appears like gambling firsthand. But as you get to play it, you will see that it is not based on luck rather it is pure math. In hockey, for example, a lot of factors must be considered to be able to form the right lineups such as projections, injuries, sleepers, salaries, exposure time, and performance that will outperform your opponent in every aspect. Note that there is no one-size-fits-all lineup that would beat any players because each virtual character develops based on their actual performance growth and this winning probability varies with a different sportsbook. For this reason, using an NHL DraftKings Optimizer will increase your likelihood of winning in a hockey bet for it can generate hundreds or even thousands of possible lineups which can be used at any game and to any player.