I have repeatedly come across the fact that the number and popularity of casinos and bookmakers is growing in the world. But what are the reasons for this?
You asked what is the reason? All I can say is poor economy. Most countries have a large numbers of unemployed youth and these youth for the sake of not having a job decide to gamble for either fun or business,
and this has increased the numbers of betors and the popularity of casino. I always see large numbers of unemployed youth every day in the offline casino or betting shops try to win huge amount. Instead of winning they end up losing and getting addicted hoping to win huge and their custant participation is increasing the popularity and growth of the casino.
1. What percentage of betting players are long-term winners?
I have made some research and couldn't lay my Hands on a specific percentage of betting players that are long term winners. From
Quora and a user by the name has made it open that the percentage of long term winners is less than %10. While some other site claim it's less than %40 and %30 respectively, so there is no specific percentage hence it remains uncertain.
We have discussed this topic many times, but I still wanted to know the exact numbers, discuss the sources of these numbers and compare these numbers with each other.
I don't actually know the reason for this curiosity of yours but firewell in your research and quest to know about the percentage of gambling win in na long term, maybe you could get exactly what you needed but that will be a little bit more difficult.