House and bookie will win in the long term when gamblers bet a lot, if only a few bets, house and bookies may lose. But long term they earn margins
Yes I know. I wasn't saying that. But normally when people say the house always wins, they mean that they win and the player loses in the long term.
What I was saying is that, although that is true for casino, I don't think it's true for sports betting. Yes the house will always win, but the player can also win in the long term. Most of them will not, but that's because of lack of skill I think, and not entirely because of the house.
Yes house edge is only present in games of luck like slots, dice ,roulettes and alike. In sports betting if you have the right patience, experience and you are in self control, you bet with your head and not with your heart usually you will come out as a winner. Try to pick the lower odds of 1.20, but not ML as there are tons of betting lines. You will see that in the long run it can really be profitable.
The problem with the majority of the gamblers losing in the long run in sport betting is their lack of skill and the lack of thinking outside the box(i.e thinking better than the bookie).
For example. is playing WBA against Chelsea and you pick home team to win to nil no at odd 1.13, it really will be a sure bet in 100% of the times considering the difference in quality between these 2 teams.