HomeUncategorizedWhat is sports lottery?

What is sports lottery?

Understand how the sports lottery works and how bookmakers work.

If there is a people in the world who are passionate about football, it is the Brazilians, who are considered the biggest fanatic in the world for sports, and especially Football.

The Brazilian understands so much about sports that he always likes to give advice, that is, he is a coach by nature and loves to make guesses.The sports lottery was created precisely for this reason, to unite football and money, thus bringing thousands of people who are passionate about sports and betting. As technology is constantly evolving and has entered the lives of the population, the online betting market has become something revolutionary.

But, do you know the difference between sports lottery vs online sports betting? Continue reading to check…

What is sports lottery?

There are currently several sports lotteries, and one of them was created by Caixa Econômica Federal in the year 1970 where citizens will be able to make guesses on the results of soccer games. And if you hit the winner and the result wins the prize.

Of the amounts collected, about 37.61% of the gross prize is converted to pay gamblers. If you get all the guesses in the contest right, or at least almost all of them, you will be awarded. But if no one gets it right, the prize will roll over to the next contest.

What are online sports betting?

Basically online sports betting are bets made over the Internet, and they are completely safe and there are hundreds of types of bets and companies in this field, it is simply up to you which one you want to bet on.

You can bet on the number of corners, red cards, yellow cards, goals and even the goal difference. The companies that make these games are known as ODDs, and they work out the probabilities of these things happening.

What are the differences between Sports Lottery vs Sports Betting?

Every year in Brazil, lottery houses move millions of reais with lottery bets, and among them is one that is considered a sports lottery. What attracts people to place their bets are the high values ​​that Caixa Econômica announces as the prize.

What is not a bucket of water but being, is that the Sports Lottery is super difficult, and the success rate is pretty low. However, online bets that are made by various betting companies have a much lower degree of difficulty, as it is closer to sports and their results.

Are they trustworthy?

Many people wonder if the Federal Lottery is trustworthy, since there have been scandals in its history, and the popular saying thinks that the prize is nothing less than something that no one touches.Nowadays yes they are reliable, but online bookmakers are more transparent, and they seek to convey confidence and security to the public to opt for them, because without them they cannot be maintained.But know that both modalities are completely transparent, and you can look for sites on the internet, which show the level of trust of each bookmaker and thus bet your money knowing that if you win you will be paid.Sports betting is growing in BrazilMany people are opting for Lotofácil, as it is the easiest lottery to win,

however, online sports lotteries are growing a lot and the degree of difficulty can make you choose which one is the best in your guess.However, online bookmakers have an advantage and that’s why they are growing a lot in the country, which is in relation to the variety of forms of betting that can be made on them. For example: number of corners… if you get it right, you will be paid for it, of course, in small amounts but more will…

Another positive point is that many people are being nominated by others who have already won, that is, in online bookmakers you know someone who has already won, and so you have a list of names of winners disclosed

They seek to make available all material regarding banking and betting control to show transparency.

And if you don’t understand much about the subject, you can rest assured, because online bookmakers are legal, and regulated, and they even collect taxes.If you want to become an online gambler, try to hear the opinion of friends and relatives, or even people on social networks and forums, asking for tips on which one is best for you!

Must Read