Post
Topic
Board Gambling discussion
Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term?
by
goinmerry
on 04/07/2023, 23:09:21 UTC
Whatever technical analysis regarding EVs or any related sports betting terms, it doesn't really the main factor why most bettors lose in the long run.

Simple, sports betting is gambling and we are challenging the risks here. If sports betting is that easy, then we won't end up in a discussion like this.

Even professional sports bettor loses as we speak because matches are not that predictable. Even the goal though is to minimize the losing streak, it's not that simple to do. Therefore, try our very best to consider those important factors before hitting that place the bet button.

At this point, you might be tempted to think that betting on favorites with low odds would ensure long-term success. However, that’s not the case.

I considered that as the worst mindset. That was even riskier compare to placing a bet on high odds.