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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?
1. What percentage of betting players are long-term winners?
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. In addition, it would not hurt to know the details of these studies and the features of these methods.
I want to know what percentage of players in sports betting and on prediction platforms are long-term profitable.
First, I would like to know - are there any authoritative studies on this topic?
Do bookmakers or prediction platforms themselves publish statistics on the percentage of profitable players in relation to all other players? Does this information differ between different sources? Is there a difference in long-term profitable players in bookmakers and on prediction platforms?
I have come across different numbers. Some argue that only 1% of players are profitable in the long term. Others say that less than 1%. Still others claim that the number of such players is 0.01%.

There's no way to really know since most people who are profiting have the sense to keep quiet about it. There's not much benefit to announcing yourself.
I'm sure it's extremely small.

If any group or person tells you that, their are long term gambler's and with recorded long term winning, you should note two things, is either the players are not being sincere to themselves and may have misunderstood the difference between winning and consistent winnings, but knowing fully well that gambling have no long term winning reality, secondly, they may say so to entice you into making some financial commitments for whatever strategy that they may be promoting to you, so in conclusion, there is no consistent and long term winning in sport betting or any other betting at all, as far as gambling is concerned.

Try asking the AI. It can't give a correct answer and only warns that gambling is a hobby, so if the AI, a tool that pulls out existing information from various sources on the Internet, can't give an exact answer, then you won't find it anywhere.
It only remains to guess about those people who are regular in their games and bets, lucky compared to their environment, and able to finish games on time, so it would be difficult to call them players who lose more than they win. But who and where will conduct such statistics? Instead, you will see numerous storytellers and braggarts saying that they are masters of the game, which in reality will not be true.

in the long term (at least 5 years) profitable gamblers are around 3 to 5 %.
moreover, with sports betting the % of win yearly (like the ROI / Profit) is around 7% of total amount wagered (it seems little amount but in reality isn't bad at all).
most of these data tends to be analyzed according specific games/ages/ even countries.
the most "expert" and profitable players can be found in betfair.com

Except the casinos announce the percentage of profitable bettors themselves I don't think that we can trust any other sources, they will most likely be telling lies to sell something to bettors who are desperate to win. Most people that gets lucky and be profitable in gambling will not want to make it public, they won't want to announce themselves for security reasons and various other reasons like friends pestering to have a share of it. What is clear is that the numbers of bettors who are profitable in betting and gambling generally are very small compared to the very many gamblers that loses. This must be why the number of casinos are increasing because it is a profitable business,vas there are many losers.

I’ve been curious about this myself from what I’ve seen it’s generally accepted that only a very small percentage of betting players are long-term winners. I think the big challenge is that most official studies are either outdated, based on limited samples or not fully transparent. Bookmakers themselves usually don't publish exact stats for obvious reasons but there have been a few reports and insider leaks suggesting that long-term winners are extremely rare plus many bookmakers actually limit or ban accounts that consistently win over time which kind of confirms how uncommon it is.

Maybe can get some answers from AI who scrapped available data from online casino whom are open for it. But is there a casino like that? I think if ever we get the correct numbers, there is really a chance that it wont be accurate. Could be more winners but since winning in gambling shouldnt be announced for safety reason.

First, I understand that we are only talking about sports bettors, otherwise the question doesn't make sense. As several of you have said to ask an AI but have not done so, I am doing it. (https://chatgpt.com/share/680de22c-45cc-800e-b292-6a0460495e91)


It sounds to me that in poker the figures are similar, maybe a few percentage points higher but in any case ChatGPT's analysis sounds quite plausible.

I have found out the percentage of gamblers that are losing before, but I have seen sites that said 90 to 95% while also some said 3 to 5% and some said 4% and so on. What I noticed was that almost all gamblers are losing.

I do not think that is a long term estimate because if it is long term, I guess the percentage will be less than 4%. This is not what we should bother about unless will have something to write about it like a project or news or something like that.

I think that this percentage is probably even lower than 1%, in the long term it is very difficult to achieve success in gambling, and although betting may have slightly better statistics, but this is still a fairly low indicator. I even tried to compare betting with trading, it is easier for me to achieve profit, especially in long-term trading, in betting it is more difficult, because in gambling there is always a luck factor that will affect your bets.

For some reason I believe that 1% is exactly the number of people who regularly receive Profit from sports betting.
I readily believe this because 99% of people can actually lose money on a continuous basis by making incorrect bets. And it is unlikely that the percentage of those who are successful is 0.01%.
It seems to me that it is very difficult to obtain research on this topic, because all the statistics are in the hands of the casino. And this is usually very closed statistics, and asking all bettors on this topic is somehow stupid and we will not get such accurate data.

The 3-5% of profitable gamblers are also not exactly known, though we know that there are a lot of them. But it seems like there is a point to what I read here in this section, which is that unless the casino makes an announcement about what percentage of their users on their platform win.

But is it still important to know these things in terms of the percentage that the op wants to indicate in this section?
Because in fact, I really have no idea about those percentages, to be honest.

I would say it is even less than 1% because of the reasons what the machine said, it is not created in a manner that one can make money from gambling, it is a losing game, the earlier you realize this the better.

Some people do win in the short term, but the temptation to make more money and the false confidence that the win gave them, leads to the next loss and the cycle keeps on repeating itself.

Unless you swallow the ego that you cannot win this game, you will never be a long term winner if you end up winning something at all.

OP, the information that you seek is impossible because how can you get them. I think that you should write to all the bookmakers in the world to get the statistics and you wouldn't even get it correctly. It's mission impossible. I would love to know why you are asking this question. Gambling should be for fun and don't need all these research to convince you that you will always run at loss in the long run.

What I think more when gambling or as a gambler is how to prevent myself from addiction because that's the most important thing so that you will be careful and gamble responsible with a little amount of money.

Sooo I let AI do its own thing and well, one that had a study linked was this one 4% of them. (https://gamblingharm.org/most-online-gamblers-lose-study/?utm_source=chatgpt.com) Now most of the others were more on forum posts or blog posts but they all said numbers mostly below 5% so I guess it's about there. Not sure if there's an "authority big" study about it but I reckon the only method we'd get legit numbers is if casino themselves revealed it but at least, saying it's below 5% should be mostly good enough anyway for most convos.

Yeah, it might be just around that numbers, and I do not think that there will be authorities that are willing to released the right numbers though. It's because if they do then maybe there are gamblers that are going to stop gambling or take control of themselves because the numbers are not really favorable to them.

And casinos too are not going to released this numbers are this is only private data for them.

But I reckon that it's around that ball park numbers as we all know that they've won millions every night.

Hard to point out the accurate answer on this since everything is provably just a conclusion although some article owners have their own conclusion about it.

Also come and check this discussion https://www.reddit.com/r/sportsbook/comments/157i7o7/why_95_of_bettors_lose_money/?rdt=47664 on reddit long time ago since they have good conclusion about what you want to know here.

But to be honest I don't just care about that matters since what I really just want is to enjoy the game or the sports I'm betting and don't want to receive unnecessary stress for thinking about those things.

It's not possible to estimate the percentage of profitable players but one thing is certain, making profit on a long term base can't really be achieved in gambling. Some call it a rigged game but I would say that it is a game designed to take from those who are actively involved or consistently gambling. From time to time you can definitely have some wins but if you constantly play then on a long term you are going to lose more than you have profited from it.

That could be, when the data is wide open losing and winning it will be very dangerous for the casino itself, that's why AI has so far only concluded data from what is entered into its big data or getting journals from outside that have speculations about betting so that the calculation is still very questionable because the data and winning of a bettor are not open, and as a supporting factor for calculating numbers, it requires many casinos as accurate references in the assessment.

I would say the same thing that the percentage of long term winners would be at 3-5% since as you have said that almost all gamblers are losing and even if some gamblers did win yet they would still use portion of their winnings or even gamble it again next time so, that's probably the reason why casinos and bookmakers are popular and also why there are many newly made casinos and bookmakers that are popping up even here in the forum.

Why are you even looking for such information? If you are someone who focused on winning you will be disappointed because the result will be spirit killing for people like you, I am not expecting nothing more than 8% in total, imagine if you aren't gambling for fun, thinking about the 8% will degrade your spirit automatically and you will start questioning why you are even gambling in the first place, don't you think?

Some information are better left alone, this is one of them.

People think I am crazy when I say that gambling brings more losses than win and that's why I focus on how I will keep gambling and probably losing without it affecting me much, while many are using good amount of money to take risks in gambling I choose to risk very small money for longevity gambling activities.

No one really knows, because most of the long-term winners don’t go public.
They keep it a secret and just keep doing their thing.

I guess the percentage is below 5%.  meaning even if some are winning, the bookies are still profitable overall, so they don’t really mind.

I honestly hope to be one of the long-term winners someday... But to be real, I don’t think I have the kind of skills yet to belong to that group.

Lower please, lower... :)

I think it should be even lower there, because there are really only a few who are exceptional and have skills in that, but anyway, we're just guessing here because there’s no one commenting about long-term winning in sports betting. By the way, I saw some users here on the forum that has an active thread for years, and they're positive on their bankroll, maybe they could share.

Solid argument, the bookies are in profit overall, so that means that the majority of bettors lose in the long run. Looks like most of us agree that the percentage of long-term winners in sports betting is under %5, but I would even go with 1-3% as AI answered... let's say it's really 1% I wouldn't be surprised.

But I guess it would be interesting to also ask the question about the long-term losers... Are there long-term losers who lose all the time and yet still bet?

Even Ai can't give you an accurate result on that, it's a tool that uses random informations on the internet. The percentage of profitable gamblers can't really be known that's if anyone wins in at the long run. My idea on this is different, I don't think it's possible to have lon term winners in gambling, I have been into sports betting for a while so I know what I'm talking about. Those claiming to be experts are just liars, they are probably saying that to get attention

The question how many people here are the long-term gamblers they are really rich ......!

Gambling is the activity of the game, the ratio of 10/4 means that four wins 6 times are wrong, general gamblers that I see, that's how gambling and games, so the basis of the count is long, meaning what percentage of each person can have a victory in long -term gambling.

I do not argue for them if there are long -term gamblers with a ratio of less than 1% sometimes even worse maybe below 0.01%. It depends on how they gamble.

https://talkimg.com/images/2025/04/27/U2ETyo.png

https://talkimg.com/images/2025/04/27/U2EE9m.png

2023 Stake statistics shows that casino players have been the most profited gamblers. Meanwhile i still believe sports bettors have a quite number of gamblers that has profited little or big from casino platforms.

I will start by saying it is impossible to get the exact number of sport bettor that are on profit across all prediction platforms. The only possible way is if these platforms have a profit/loss analyzer tool that keeps record of every sports game. Definitely, the statistics are there, only the casino will be willing to share the details through blogs. In the meantime, we can keep guessing. 3% to 5% is more realistic to me. 1% seems too small.

I don't think it is in the place of prediction sites to publish such details, they can only know how much traffic that they generated like how many IP address visited their website but not those who actually bet. It is a different thing when you visit a prediction site and actual gambling of what you got. So it is in the hands of casinos to say how many percentage of players are actually long time winners. It is going to be a compilation from different casinos and gambling house put together. But from the general view of gamblers here, it is quite a low number that are consistent in winning. Maybe less than 5% of players are winners.

I use statista before on finding analytics on various topic. Although they are not official but you can use their stats as reference https://www.statista.com/outlook/amo/gambling/sports-betting/worldwide


I doubt casino will publish stats like this or at least be transparent on the stats because it surely shows a very small number of winner which is proven on the revenue they are generating per year.

Casino is thriving because there’s a lot of losers gambler. They only share occasional big win from players but they don’t release full stats.

Damn, it’s like you’re asking me directly.  ;D
What's your definition of a long-term loser anyway? Is 10 years of losing in sports betting and still gambling enough?

If your answer is yes, then count me in.. a proud long-term loser still loyal to sports betting!

There are no authoritative studies on this topic. This is likely your cue to become the first person to do one. It is going to span across several countries and several years for it to become an authoritative studies. Bookmakers will not do it. It is out of their scope. You want people to gamble and not give them the impression that they'll lose even before they make their first bet.

I'm not very sure if there are "authoritative studies" with the official approval of the gambling industry, but there probably are scientific papers written about the subject.


 ¯\_(ツ)_/¯, But if anyone knows, please post the link.


If it's playing casino games, except Black Jack, then EVERYONE playing those games will be long-term losing money. Why? Because of the house edge.

But for Black Jack, Poker, and Sports-Betting, there's probably a very small amount of people. In trading, if the general number is 10% depending on the time frame, then it's probably around that number for those games. Perhaps more, perhaps less.

I checked on AI for an accurate public data but I was led to https://www.lasvegasadvisor.com/question/percentage-winners/ you need to subscribe to get the complete data on the subject but the data is a very old one there is no current data about this subject.
Based on the summary of the study.
I think the percentage is small now because of the evolution and innovation of the casinos, where they have a big edge.
Casinos are the most profitable industry because of the high percentage of losers compared to winners. They only have to worry about the competition, not their players.

There are almost no exact figures on this matter although there are some sites that make special clamps for percentages. In the long run people who actively gamble may only be able to balance the amount of wins or losses they get in gambling or they may even lose completely. I do not know if there are any of them who manage to win more bets than they lose because if there is, maybe we need to learn from the way he is involved in gambling, one percent may be more realistic than a larger percentage.

In my opinion, no matter what type of game it is (although based on skills that refer to statistics) if we talk about long-term profits, I think it is almost impossible, or very unlikely for gamblers to be able to reach a situation where the amount of profit is much greater than their losses in the long term.

I don't know whether there is statistical data on gamblers who have succeeded in making a profit in the long term or not, but logically as I said above, it is very unlikely, I assume this is based on the concept of gambling that has no certainty and guarantee whatsoever, also because of the dealer's advantage.

Knowing the number or percentage of players or sports betting and prediction market participants who are profitable or in profit isn't really important if you ask me, because as a matter of fact, this number will never be the same, different stats platform will report different numbers in percentage because while some casinos are reporting false numbers, some casinos are not reporting at all, and this include the prediction market as well.

So what I think is more important is for us to know and be sure that those who are betting, as well as those participanting in the prediction market know the risk involved with betting, and that they are responsible gamblers, I believe knowing this will do us a better good than trying to find out the number of bettors (in percentage) who are long term winners which we may never get an accurate figure to.

It’s possible to become profitable on skill based like poker and sports betting. It’s proven already by pro players and some successful sports bettor that developed an algorithm to beat the casino odds.

Even Blackjack has a card counting method that can beat the casino odds of games.

Arbitrage betting for an instance as guaranteed method to have a +EV which gives long term profits if can execute flawlessly.

I believe the question is difficult to answer in an accurate way. According to my own experience, it's a loss even in long-term discussion. Also, I think there are gamblers who have honestly said in this forum that they are also at a loss when it comes to sports betting, so I bet the number of winners is really low unless we also count those who bet once, won, and then ran away and never came back. I believe those are the real winners.

Still, those who continue will probably say they are still not in good profits up until now which could be the reason why they cannot stop. It will be difficult to make a survey about this because I doubt they will make an effort to answer it.

Online casinos have become so popular recently and that is the main reason for the popularity that casinos and betting platforms are receiving these days.
Quick search and this (https://www.elitepickz.com/blog/winning-percentage-of-professional-sports-bettors) is what I found first: https://talkimg.com/images/2025/04/27/U2I2ZT.png

There probably are researches from reputable universities out there but this is the one that came up front from a search. I am sure that if someone decides to make a deep dive they can find similar researches. Anyway, some people might get disappointed with this number but this is actually a good decent number. To aim for anything higher than this might lead to irresponsible gambling.

If you find those numbers, does that mean someone actually did the statistical data collection, or is it just speculation from people you met?
Your question will have a fairly broad subject, and it is difficult to get accurate statistical results. If you want to continue looking for answers to your questions, maybe you should focus on a particular betting site first. But of course, it will be difficult to get the data too. But if you are only looking for a few samples of bettors, maybe you can get them.

People don't actually keep quiet about this...even in the forum a lot of people claim to have winning strategies with high success rates but we all know that it's false.. Gambling is a game of winning and losing, everyone has their experiences with it but one thing that's common with everyone is that those are long term players tend to lose more compared to those that probably get a lucky win a few times and quit for a while...it is accurate to say that long term winners don't exist because it is a losing game.

I tried looking for articles but there is no exact figure to quantify long-term winners in gambling. Though that may be the case, I do think that there is only a relatively low amount of gamblers who are considered as long-term winners and this also includes casino professionals (e.g. professional poker players, etc.).


There are lots of information and studies about gambling. A simple Google search would show you tons of data regarding probability, house edge, statistics, and other information relevant to gambling and its risks.


Like what I mentioned above, there is no exact figure that can accurately quantify the number of long-term players who are profitable. Regardless, however, the fact still remains that only a significantly low number of people can expect profitability in doing long-term gambling.

Well the people that are the loudest about it are most definitely not profiting. They're either lying, trying to scam and sell some idiotic system or they're just on a short-term winning streak and letting that go to their head. Or some combination of both.

One or several big wins may not be enough to be a successful player on a long-term basis. Because these winnings can be lost in subsequent bets, in pursuit of another win. And it seems to me that there are very few successful players who play for many years. As for the percentages, then only the bookmaker can probably answer this question, because only he sees how many of his players play with a profit and how many of these players are able to make a constant profit over many years. And most likely the bookmaker does not like such players very much.  ;D

I would argue that to be 0% as over the long run no one is able to keep up with the casino. Especially the people playing slot machines or luck games they have exactly 0% chance of being profitable in the long run even if they hit the max win multiplier or the jackpot as I have seen this first hand people winning with 500 dollars x1000 multiplier in Plinko, winning 500.000 dollars and complaining to be still behind and to have lost much more than this hit they gotten. In sport betting is the same although we may have volatility here as it can go from 0 to 10% during certain periods of time when things are going well and the gambler is winning consistently, though even here in the long run things will get to 0 sooner or later, so such thing for me does not exist.

This might be off topic but I think people who think they can take gambling as a means of earning need to read about this thread to see the stats about sport betting long term winners. The responses I have read so far just proves that gambling shouldn’t be taken as a long term means of earning income because at the long run only a few gamblers out of the millions of gamblers that take part in gambling are actually earning.

I did my own search and I got 1% - 3% of gamblers are actually long term winners, so 97% - 99% of them are just there losing their money thinking they are doing something good.

I have done a research about this before but I don't think I got any valid data about it, the result only said that not many players are profitable on the long term. I just guessed that based on my experience in gambling and also what I have seen in other gamblers and even at a betting center, I can tell that the number of players that are being profitable are not so much. It may seem like most gamblers are winning regularly but they are just going in circle, for instance they could win today and lose the money the next day or they could probably lose more than they have won on the previous day.

One thing you should know is that when someone isn't used to winning, he tries to belong by framing himself as profitable, while in essence, he's struggling. Same reason we have lots of people claiming to be in constant wins over the Internet, but would demand peanuts in order to share their so called games with you.

Another scenario is that most youngsters in gambling after getting a few consecutive wins, they feel they've achieved success in gambling and become very loud about it, only to be humbled by a losing streak later on.

This is the very reason why we can't get actual stats in gambling. Because most gamblers are not disclosing their real score in gambling. Also, hard to determine the long-term impact of gambling as we all know, they are on the losing end at some point. Maybe, what you can do is get the stats of those gamblers who happen to invest his winnings into tangible assets like real-estate. However, you can't still get the right numbers because people won't just disclose their gambling results for so many personal reasons.

I don't think there has been a survey about this before - but I don't know if I missed it. In order to determine the percentage of winners in the long run - then someone needs to conduct a survey to find out in general what the percentage is. This survey can be done internally - I mean, limited to user of this forum only. At least the results of the survey can be used as a guideline to state the percentage of winners in the long term^{[specifically in this forum].} But unfortunately - this is not a thread about a survey, just maybe a thread that contains some inaccurate opinion and prediction.

There's no verified way to get the exact figure you're looking forward. Also imo, the figures don't really matter much unless you're contemplating joining the list pf people not winning inbthelong term. It's just irrelevant to think about this if you're primary focus is fo be successful at it and you want to keep at it.



Not just gamblers but Casino also don't publicly post about this numbers too. Something within the lines of "we have x number of users out of x amount of total Users".

Since we are talking about bettors who are consistently getting money out their predictions from bookies, I would say we are talking about less than 1 percent of the total population of bettor within a single bookie, in my opinion.

It would also depends what "long term" means for the sake of an study of this characteristics, one year? one month?.
It would be quite interesting to know someone who manages to make a living out betting on sports, but I doubt they would be willing to reveal their personal identity or even talk about their techniques to be always so accurate at bookies. They would rather to be left alone in the darkness and continue to profit.

Comparing the percent of gamblers that are losing vs those that are winning in gambling, we discovered that a vas majority of contemporary gambler are losing more than they are winning and this can not be overrated at any point in time, because the house will surely win all the time so we shouldn't be comprised when the loses occurs.

The secret to maintaining that winner tag is to play less...like they say too much of everything is bad. Take trading for example, overtrading leads to a messed up mindset and losses follow...if it's food, over eating can lead to obesity...so not far off or to bring it back to gambling, to have a positive winning stats gamble less...but how many are gambling less and winning, just to speculate I think we have less than 20% consistently in the long term .

The luck factor happens to be what makes the percentage of gamblers winning so low. Even when they think they’re very sure of what they’re betting on and convinced to wager more money, then the luck factor doesn’t favor them in that game, it will make them lose more even that what they usually wager in a game. I feel the percentage from statistics other members have searched for is actually what it is, quite a large number of people lose and all due to the fact that the luck factor doesn’t come more often than it should maybe.

That's because gamblers rely solely on luck, not on technical skills.  As we can see, numerous online gambling platforms continue to emerge and thrive because they recognize it as a lucrative business.  In the long run, gamblers are more likely to lose than to win.

I don't see how to accurately measure the percentage of loss in gambling, as you can see, we haven't disclosed our loss experiences in gambling.  Therefore, there's no precise data on it.
Instead of focusing on your losses, why not enjoy the experience and gamble with what you can afford to lose?  Let it unfold as it will, and consider any winnings as a bonus in addition to the enjoyment of gambling.

It makes sense because by playing less, it will make someone avoid the many defeats and the effect can be easier to control. But the case is different when faced with some gamblers who are addicted so they never care to maintain the predicate. In the long run I believe it is difficult to maintain a large amount of victory because it is impossible we can achieve these targets and at least compensate to lose and win in gambling are far better than getting a far greater defeat.

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.

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 (https://www.quora.com/What-percent-of-sports-bettors-are-profitable-in-the-long-run) 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.

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.

I think that playing less can only be done if we have limits in playing gambling. Especially if you are unlucky in playing, your bankroll balance will quickly run out,
which will force you to stop because your money is limited.

Then when it comes to the winning amount that we can get when we play casino gambling, it is also quite difficult to achieve because it is also unpredictable when we experience a win here,
in reality. Unless you are close to luck.

As long as he can still aware and control himself, he will not use more money and not playing more. He can avoid the loss become big and he will become the winner among the other gamblers. But perhaps only 1% of players are profitable in the long term if he can control himself in gambling. Most people will lose their control especially when they win because they want to win more money.

That will difficult as gambling will not allow them to win more. But we will not know what percentage of betting players that will be a long term winners. Besides that, not many winners in the long run will tell to public that they are win many times from gambling.

In other words, we limit the amount of capital we use in gambling so that the game pattern can be set according to the capital limits we have. When our balance runs out, all we need to do is stop and don't need to refill it on the same day because we may not be able to chase victory in the next bet in a fairly close time.

Personally, I prefer to bet on football by relying on small capital because there we can choose several matches and even if we lose we will not lose more money on the limits we have set for gambling.

Exactly -  that’s the point. We’re all just guessing the winning percentages here, but the gap between winners and losers is pretty big.
So yeah, while it is possible to succeed in sports betting, it’s definitely not for everyone. Most will lose just to reward the few who win.

At the end of the day, the sportsbook is still the one walking away with our money.  :D

I think it's more of the casino games like slots and roulettes and everything luck base will run off with huge money.

For sports betting, there could be some of us winning good amount of money based on our analysis on the sports that we particularly follow. But yeah, house edge, that's where we have that and if we play long term, gonna be hard to beat.

That's why mental discipline is needed by gamblers to stay one step of the game and be in the positive side.

It's probably around 1%. If I talk with my gambling friends, although they highlight their moments of winning, it's almost common sense to conclude that they are all losing. I didn't measure mine, but I'm most probably losing as well.

Especially if we are talking about the long term, the figure will go down even lower. We all know that the longer you bet, the longer you stay in gambling, the higher the chance of you making a net negative.

Although I believe it is possible to win in sports betting, the reality is only a few of us actually do. That means the majority of us lose in the long run.
Even if we assume that 10% are consistent winners, that leaves around 80% or more as losers. And if you think about it, that pretty much tells you where the sportsbook’s profits come from.

But here’s the funny part,  the industry is still growing. So despite knowing we’re mostly losing, we keep betting anyway.
Why? Because we enjoy it. The thrill, the entertainment… it’s enough for us to ignore the losses.

This is a published study that I came across, and it may relate to your interest.

https://doi.org/10.1007/s10899-024-10294-7

This is a study done over two years on long-term gamblers. Thirty-two thousand two hundred sixty-two people were included and participated in the study. People continued to gamble consecutively at the start and reached the eight months. Frequencies of gambling were also done.

This might be a good reference for what you’re looking at, OP.

Well, for a casino, you can just figure it out. And in a very primitive way. Using the example of European roulette, this will be about 1/36 * 100% = 2.77%. Knowing the House Advantage (or RTP) of other games, you can calculate the proportion of lucky players in other games. Multiplying the probabilities and multiplying by 100%, we get the share of successful casino gamblers as a whole. However, this is a non-personalized group, since such a calculation is not able to identify the lucky ones who remain profitable for, for example, a decade.

The situation is somewhat different for betting. And to understand the complexity of the calculation, you need to compare betting poker. Unlike gambling, the outcome of which is entirely a "function of luck," the outcome of a poker game largely depends on the skill and experience of the gambler. Experience, which also includes professionalism in the perception and correct interpretation of game factors (for example, the probability of certain combinations). So, in poker, unlike betting, it is quite acceptable for profitable players to exist, since there are many, but limited, factors in the game.

Betting, like poker, is not entirely dependent on luck. There are also incoming factors in betting. But unlike poker, there are almost an infinite number of such factors in betting. Moreover, a large number of them are generally hidden (unlike poker). Like what? One man's wife has slept with another, and the first one will punch the other one in the face right on the football field, of course this will affect the match. Or a slightly sore leg and other events, even thoughts, moods make up a galaxy of incoming factors.

Is there really a person who for decades will be able to take into account a huge variety of incoming factors and be profitable? It's like a professional poker player, elevated to the 99th degree. But why allow improbable explanations for miracles, perhaps this genius just has insider information?

So there are long-term profitable poker players, but the existence of such bettors is very doubtful. They are most likely insiders. Well, then the maximum that can be established is a non-personalized group of profitable bettors. Unlike casinos, this data cannot be found by calculation, statistical data is needed.

Let me not exaggerates much on this numbers because I don't think that casinos do published the percentage profitable gamblers in their casinos let alone knowing the total users who are profitable in each of the gambling platform, be it sports betting o casino games. To me what I understand is that the winning probabilities in all the games being it casino games or sports betting aren't upto 1.5/10 or, 15/100 as most of the casino's are doesn't make the winning to be in favor of the gamblers instead its favors the house more.

Gambling is not an investment so that there are long-term winners. I have been interested in sports betting for 20 years. When you look at the total, I have probably lost 5-6 times what I took.

I still continue to play, though. I trust my football knowledge, but it is not something that only comes with knowledge, luck will be on your side.

Otherwise, it is impossible, you cannot win.
I think anyone who says they are in profit in the long term is lying.

We don’t really stand a chance at winning here if we’re thinking long-term. So just think it’s just for entertainment, nothing more.
The only “best experience” we can hope for is if we somehow get lucky enough to bag a big win. That’s it.

That’s a whole different kind of game, if we really want to be more ambitious and successful, this is the game we should be focusing on.

Success won’t come right away, but if we keep grinding and learning from our mistakes, it’ll happen eventually especially if we’re one of the few who actually have the skills.

I do not know if there are any specific statistics on the number of profitable long-term gamblers. But it is certain that the number is not high. It is said in various places that such a number is only 1% or less of the total gamblers. There is no long-term and short-term issue in gambling. If one has luck, one can get a big win quickly, on the other hand, if one does not have luck, there is no benefit in gambling for a long time, but rather the amount of losses will increase. I have seen some gamblers who have been gambling for a long time but their losses are high. That is why I am sure that the number of such gamblers who are profitable in the long run is not much. I do not deny that they did not win in gambling but they could not control themselves or use the winnings properly, which is why they could not be successful in the long run.

It seems to me that in betting in the long run there is a better chance of remaining with a profit than in games like slots, where everything will be determined only by the percentage of success of each game. That is, as I understand it, the casino includes in each game a percentage of profit that they are ready to give to players, and in order to get this profit, you must be a very lucky player. But if you are lucky enough to win once or twice, then in the long run, it seems to me, in such games you will still have losses. In betting, you can count on being with a profit in the long run, because everything is arranged differently there.

If the stats that you provided are true, then casinos are the most profitable business, and casino operators are taking all the profits; the only way the casino will lose is if there are very few gamblers on their platform—no wonder casinos spend a lot on sponsoring and paying streamers and advertising on whatever platforms casinos or gambling platforms are allowed.

If the number of people who are betting on sports were really making a high profit, if it were a very high number of people, we would see many people posting their profits on this forum and they wouldn't be saying things like:

"Gambling should be seen as entertainment"

Even people who consider themselves professional sports bettors are unable to make long-term profits, so I very much doubt that the number of people who are able to make long-term profits exceeds 3% of all people who bet on sports.

We don't have the exact data, but we can easily figure out that the bigger percentage is on casinos. We seldom read about casinos where the gamblers drained their bankroll.
When we say the house has an edge, it just means they beat the majority of their players in their platform, so with this, we should never expect to beat the house; we can be lucky but the casinos have all the luck all the time

Totally laughable into those people who are expecting that they can beat up the house on which sooner or later they will be able to realize that they cant be able to do so or something that pertains about having those thinking that there's no way that they can be able to defeat or beat up the house. They do always have the edge and they do have that advantage towards into those gamblers.
Long term winners i do rather see into those who do deal up with strategic based games like on poker or other card games and with sports betting on which you can be able to apply up some analysis.

One of the main reasons on why gamblers do messed up their finances because they've been just that making themselves delusional or being that too optimistic that they can make money
with gambling.

There are no accurate results for this, google is going to give you a different result from Ai, if you use different engines the estimation would be different. We can all come to the conclusion that the percentage of gamblers that make profit are very low because that's how the game was designed. Long term gamblers lose more, it's different from someone that won from a few trails and took a break, gamblers like this can escape losses.

Guessing = luck because there's no telling which team will win along the way.

We can only increase the odds from the previous game and we ourselves analyze only rely on that to know which team will win so the percentage will not be more but maybe it can be more above 60%.

Still, if we guess wrong then we will lose. ;D

It will always be very difficult to do or identify something like this because of several reasons.
In fact, even though there are many gamblers who are always gambling, it cannot be denied that most gamblers today are still very secretive about their gambling activities, including me. So in the end there will be no one who will give a clear description of the gambling they do including the financial budget and the profits achieved.

So no matter how hard we try to collect data to identify things like this it seems that this will still be very difficult to do because even if we are considered the same as a gambler but in the end there are some things that we definitely don't want to share with others (even though we are both gamblers) as a form of privacy that we have.

Does it specify what games that 13.5% end up winning? We could agree that they're NOT casino games which you play against the house, with 1% or more edge for the house. Every casino game will make you a long-term loser, including my favorite Live Craps.

I believe sports-betting long-term winners are less than that 13.5% indicated, but it's more than Black Jack winners, and less than Poker long-term winners.

I don't care about the number or percentage of winning. We have some studies, but we are not even sure that they really represent the reality. Our experience could tell how gambling is going. If we are suffering more losses now than winning, it is going to be the same in the future. Some claim they are profiting, but we're too certain that the majority are losing. Therefore, we should stop thinking that gambling could make us rich. I think we have to accept the fact that gambling is not a way to become rich. If we are here to make fun, it is good. But if we are here to chase money, we will regret it.

I don't know for sure what percentage of bettors make a profit in the long term and it seems to me that even if this percentage is calculated, it will be very approximate. I think that there are very few such people - less than 1% of the total number of bettors. In my entire life, I have only met two people who managed to make money on sports betting. I know that one of them no longer bets on sports for reasons unknown to me, and I no longer have contact with the second.

I agree that this percentage is small. And it is clearly less than in trading. In trading, the consensus defines the number of long-term successful people as 2-3-5% of the total number of traders. Here, this percentage is clearly less. And most likely, it really is close to 1%. But it is difficult to determine this percentage with absolute precision for various reasons. Everything depends on the calculation method. For example, who should be included in the sample for determining the number of players? Should we include players who came to the industry for several months, lost a small amount and no longer bet? Or should the number of long-term successful people be compared only with the number of long-term losers? These will be different calculation methods and, accordingly, different numbers. In addition, what are the limits of long-term successful players? For how long should they be long-term successful? What is the minimum amount they should earn? Most likely, there are many types of long-term successful players. Depending on the amount, the interval of success and the maximum episodes of bankroll drawdowns.

Probably if every betting fan stopped at the moment when he received more profit than he lost, then the percentage of winning bettors on the planet would be much higher than what it actually is now.
And the same applies to casinos.
But the thing is that when a person gets a big Profit, he begins to think that it will continue like this. But according to the theory of probability, there is a simple rule that if you were lucky before, then most likely you will not be lucky further. And your statistics of victories and defeats in approximate execution will be 50% if we remove the commissions of the bookmaker or casino from this calculation.

I've bitcoin and that is simply to reach my goals. What regret can do if we keep leaning on the past? The system is not about how far you've gone but how well. All my years of gambling, I've come to realized how it's been for most of us that does hesitate to scrap out our winnings, we know it's very possible to stay on a clear path in the system. Who cares about percentage? The goal is to be locked in gigantic profits in gambling despite the hurdles coming our path, we try our possible best to keep our head up higher and know how to make things revolved our paths.

It is best to look at the success in gambling over the past six months or a year and it will be clear what to expect in the next six months, I also agree that a player cannot just change, if before that he was losing all the time, then most likely he will continue to lose, miracles do not happen. We are unlikely to ever know the percentage of successful players, if they show us some statistics, it will be clearly overstated, because it is profitable for the casino for you to think that you have a better chance of winning.

I dont have stats by that seems I can make an assumption that not all gambler ended up being successful in their journey, because others keep playing and handling their gambling habit with proper management, such as capitals and gains, on the other hand are the gamblers who makes a good win and ended up losing everything, so I guess it depends on the players capability and risk if they will keep having a good time making an earning in gambling. Also considering the type of game too.

One of the greatest issues people have in gambling and the causes of heavy financial loss is multiple deposits, I believe everyone who ha carved out a gambling budget know the funds allocated to each gambling session. Depositing the actual amount for the day's session and never redepositing is a good way to start emotional control. Withdrawing your wins and resetting your balance to initial deposit is also another way to ensure your profits are not swallowed back by the casino. It would help to discipline yourself to only deposit once, but can withdraw as many times as you want if it is your lucky day.

I gamble more on football matches, but sometimes, I just get bored of analyzing and try out casino games like slots and aviator. I guess when I have more strength, I focus on football, but when I'm worn out, casino games comes to the rescue since I am not required to do much brain manipulation or analysis to engage.

In order to be a truly long-term winning player, you probably need to play more than 10 thousand bets, if not more, because if you play a small number of bets, then it is extremely difficult to evaluate the player, whether he is a winner. Because very few players actually go through this path, most will never make so many bets, because at some point they will break down due to discipline and start betting not according to the bankroll and will leave this distance. So far, I see this as real only with frequent and small bets, because it will take a lot of time. But even this will not allow us to check this, because we can get into a downstreak, which will also not allow us to evaluate our game. Generally speaking, I have never found such statistics, I will not check it on myself, because I will not win back 10 thousand sats.

I believe that "less than 1%" is TOO SMALL. But I do believe that about that percentage or less makes up the percentage of gamblers that actually make large amounts of money to make it their actual living/job. The rest of the long-term winners could probably only make enough as a sort of "second source" of income. The people below that threshold are breakeven gamblers and losers.

If we use the RTP of each game as basis of this statistics, I think we can assumed that winners is indeed on low percentage since most of the games has 96% RTP in average and that is just the basis for players breakeven with losses.

So long term profit players is very rare considering of the house edge. Maybe the percentage is high if we consider lower time frame since some players manage to win on early betting.

Most of the losses of players comes in late game when impatient is already at play.

Maybe, just maybe, but humans always fall at the mercy of greed, all you need to do is make them have a taste of winning first 😛, they will come running back to you, the last time I checked I believe that we don't have long term winners in gambling space but we surely have long term losers.

If gamblers keep track of everything they will find out that they are losing more than they win, which makes the house the ultimate winner over all, you can do the match if you are doubting.

Victory tastes good and to keep it that way is where the hardship begins, this is why I don't celebrate when I win, I already know what's coming next so I get prepared for that.

In this gambling space there is nothing that can shock me anymore, because I've seen it all.

From what I know It is difficult for people to be profiting and keeping calm without announcements, in most instance  it is even when we are not profiting that will we tend to not cry out most than when we are profiting, profiting comes with a high level of excitement that is not as easy not to announce, am speaking based on my own experience and observations from those around me though we can have various options or thoughts about this, it is benefiting to yourself and letting those around you to know that you are profiting but however getting the percentage of betting players that are long term winners can be difficult even though they are little.

This is what I had in mind before and I ran this experiment for 1 year with a division of 2 periods, and what I got was the percentage of losses in the first 6 months was much higher than the wins, and the next 6 months were just closed 2 months ago, there was indeed a slight decrease in losses but in those 6 months I didn't do much gambling activity, so you could say the results were the same. Lol unfortunately I have deleted all those notes so I can't share them here, right now I don't want to do the experiment because I'm worried that doing those things continuously will affect my mind and it's better to just do it as usual.

The fact remains that Most people who were able to maintain their wins either quit gambling after those wins or were able to maintain strictly low budgets after the large wins, others are in big losses if they could keep track of funds they have thrown into gambling.

I agree that a large percentage of gamblers are experiencing net losses. We tend to celebrate wins, but our losses are much greater than wins, but we cannot do much about it since we cannot stop our fun in gambling. for as long as I gamble with a budget, I don't want to calculating my losses, that shit alone can make me very emotional.

There isn't a consensus to claim exactly what percentage of players are long term winners, but it's probably below 10%. I've seen many articles claiming it's around 3%, but they don't present any sources to justify that percentage. I think it would be interesting to launch a research to find out the real numbers, taking into consideration the current popularity of virtual gambling and the hype around this industry.

However, it has to be a meticulous study to seek for different evidences in order to reach a legit result. If it's only about a virtual questionnaire, anyone can claim anything, at same time there is no way for researches to verify if the informations provided are genuine and correspond to the reality.

As we know, there are people on the internet claiming to make a living from gambling and calling themselves professional gamblers, although we don't know if that is for real.

I'm not sure there's record of betting players who are long term winners, that's to say finding the percentage isn't that easy or possible. Moreso betting is 50/50 and the chances of winning and loosing are hitherto though some gamblers tend to make it a source of living but still yet it doesn't amount to then being long term winners so it's indefinite to predict the percentage. Or do we do a break down of betting players to know who's a long term winner?

There is no statistic for us to use in proving on this, but if you think its something of a necessity, then we may try to start one here and conduct the research in finding out by engaging the bitcointalk community gamblers, it can come in any form, you may create a poll or any other similar pattern to extract the data from here, but going by the general approach, it is very difficult to establish on this, since not everything we know about gambling as well as the gamblers.

There is no doubt that gambling may not   make one rich however , viewing gambling or advising people to see gambling as a game of fun is something I think is very wrong because I don't really see the fun in one losing his money all in the name of having or catching fun.All gamblers are into gambling with the intense of winning despite the fact that it may not really go the way they are expecting it to ,the chances of them recovering there loses may not be there but we can't denied the fact that there are gamblers who has make it big or who there winning is far greater than there loses though they maybe few

That is very logical , sports betting, the Activity that has to do with this must be difficult to remain solvent and profitable, sometimes the best players lose for the simple fact that they bet every day, maintaining a high Efficiency margin like that is Difficult , I would not be able to , I only bet on football games where I feel comfortable and safe , I also feel safe betting on boxing, it Seems to me that everything depends on the vision of each person , but the % of success in successful Players must be difficult to calculate because there are bettors who are anonymous.

The popularity of the platforms are getting bigger because we're having a big population because the rate of birth and unemployment in the world. More people are thinking that they can be the lucky ones to win hence they're picking interest in gambling more. More people are also getting to know about gambling and they're picking interest in it. The rate of mobile phone usages has increased and this will make more people to be able to access the gambling websites.

The world is getting more digital and lonely and this is making people to look for alternative means of having fun and gambling is always at the top of the list. For the percentage of gamblers making profits in the long term., I think the percentage that we're giving is too big than what the actual percentage is. Not many people are making a profits but they're only doing it because they're addicted.

In my opinion, in the long run, very few players win when betting on sports events. The average player has a 50% chance of guessing the outcome of a sports event (or other event).

However, it should be taken into account that the bookmaker includes its profit (premium) in the odds. And this profit in some cases can reach 10%. Accordingly, if a player bets for a long time, he is almost guaranteed to play at a loss.

Of course, there are exceptions to this rule. According to the mathematical theory of probability, a certain percentage of players will win for an unlimited period of time. The probability of such an event is not zero, so it can happen. There are also players who have exclusive information that helps them win at gambling.

In my opinion, about 5% of players win over a long period of time.

Only a little percentage of people make Profit from gambling and become successful from it but I guess such thing doesn't going to exist nowadays. Gambling has become very tough and winning almost seems impossible,  for the fact you added long term, gambling in this category cannot be won by luck everytime. Long term winners will always lose in the long run, the only way to win is by taking your profit gotten from your lucky tries and leaving the game for a very long time. Even this isn't guaranteed but it's better

This is one of the betting games that really can play with our emotions. Sometimes, there is a lot of frustration when the club or person we support has to fall even though logically it should be a victory. Oh, what a shame, often our analysis that we have believed so much becomes a disappointing defeat. So that we become more convinced, that:
"manipulation and arrangement are often real"  :D :D

But this is gambling, can't guarantee the winning, isn't it? That's the way, just take it easy for every activity if we are on betting. No need to fully support a club or individual to bet 100%, because, indeed we also have to see from the side of several parties who are making arrangements, maybe.

I have to agree with your statement here. People have different mindset and preferences when it comes to betting for long term. But because they have sustained betting for quite long now, it’s certain to say that they only limit their betting percentage on something they are comfortable of losing.

Some use 1% while others prefer 5%, but it really depends on what they can afford to lose. If you’re a high roller, you are using a much higher percentage compared to those who are just regular bettors.

If you're talking about actual casino games, then the player is a LONG-TERM LOSER, no matter how small the house edge is.

Plus get the context and read my posts I made in the topic. I was indicating that Black Jack, Poker, and sports-betting are the only games that could actually give the player some edge depending on the situation, the player's skill, and his/her access to the latest data.

Saying it was possible to make a good profit from gambling before and it's no longer the same way now makes it look as if there have been some adjustments made in the gambling system, or are you implying that there is an unfair system now? in gambling, which makes it a bit difficult to win and make a profit in the long run compared to how it was back then.

But before and now I believe the system has always been the same; you can't guarantee winning in the long run; you just need to play with caution. Now it seems as if there are fewer people throwing who win compared to before because of how desperate this generation is to win, which makes them take more risks compared to how safely people played before.

Not only now but since the past gambling is not something that is easy to win so there will be those who succeed, but the percentage is very low.
Long-term success is not something that can be obtained by many gamblers, there must be those who succeed but compared to those who fail, there are more who fail.
In my opinion, what must be considered are the overall, maybe you experience loss more often but when you win you and can get a bigger profit, then it can be said that the gambler is successful, because if you often win but only at low odds, then just loss is enough to depled not only the previously profit but most likely also capital.

I saw information on some gaming platform that the percentage of long-term winning players is very low, much lower than 1%. I think it was a Russian-speaking bookmaker, who partly talked about his statistics. I fully admit that different bookmakers have different percentages of long-term profitable players. At the same time, this percentage is probably different even in different countries. In Russia, bookmakers are notorious for the fact that they quite harshly and not entirely legally block long-term winners. They simply do not allow profitable players to become long-term winners. On decentralized platforms like Polymarket, the situation is probably different. I am sure that where there are no illegal blocks of successful players, the number of long-term bettors is higher and approaches that in trading (3-5% of the total sample). Where long-term winners are strictly blocked, there are actually none at all, because their presence is unprofitable for the bookmaker and he blocks their accounts for various reasons.

Probably less than 1%. Probably much smaller than that. casinos can’t afford to have long term winning players playing on their casinos. Sooner or later they’ll come up with an excuse and show them the door. It is the way of this business. Casinos are not here to watch you winning all the time because your profits is their losses.

The only exception is if the casino somehow implemented the “parimutuel betting” algo on the casino and then they won’t care who is winning for how long, because with parimutuel betting, players bet against each other and the casino takes its cut from all the bets that happened on the casino.

Polymarket is a good example.

I think that’s really the concept of sports betting, we’re betting against each other, and the bookies are just there to facilitate the action. They’re like big operators with access to the odds market to keep everything balanced. That balance is what keeps them profitable in the long run. At the end of the day, the bookies just take a cut, or the 'juice,' from the winning bets and that’s more than enough for them to keep growing.

I don’t know the exact details but to my knowledge, most sports betting casinos are not the bookies themselves. They get their odds from somewhere else (from the real bookie) and only list them on their website.

That means in practice they don’t work like polymarket and that’s why they don’t allow arbitrage betting and ev betting.

I might be wrong though, feel free to argue.

For me though the number of winners has increased more than what they used to be and I believe what made this possible is because we now have more people gambling hence the chances of them winning is increasing and also the chances of them losing is increasing. People are now knowing how to gambling in the right way to avoid losing too much despite them not winning. Before I think people gamble on any game despite not knowing the game or having any prior knowledge but the new set of gamblers are putting some work into their gambling.

The goal when gambling for me isn't to become a long term winners because I won't be gambling always or doing it for a long time. What I want more is to enjoy the games that I'll be playing and also not finding myself in a situation that I can't get out of because I have become addicted to gambling which is the worst problem of a gambler.

Did an AI write that for you? I doubt it, although sometimes it does hallucinate.


The one you are responding to (who is the one I quoted above) is an AI spammer, so I wouldn't pay much attention to him. Related to what you say, I have seen interviews with professional bettors who say that it is increasingly difficult to win (as in poker), mainly because the winners years ago what they did was to find little exploited niches, such as minority sports or second leagues, and find their value bets there. With time, automation, the use of statistical programs and AI, the bookmakers have been adjusting the odds more and more, so it has become more difficult to win even in those niches.

Yes, I read an article about how in Russia they block the accounts of players (sports betting) who show above-average results.

In Russia, there are a lot of people who are passionate about sports. Also in Russia, there are a lot of people who have a higher technical or mathematical education and have excellent analytical skills. Many of these people have an idea to make money on sports betting.

However, representatives of bookmakers do not let them do this. They use the capabilities of their security services, which constantly monitor the performance of players and block the accounts of the most successful players.

Sometimes the account is not blocked immediately - first, the player's bet amount is limited.

Who is interested in playing if you do not have the opportunity to win a more or less significant amount of money? Smart people know how to value their time.

Ask the sportsbooks here. It's 1-2% but each one is different.

The percentage will probably be very low because players usually get out of control at some point in their journey, and that costs them most of their profits, and they get out of the league of the profitable bettors. Suppose you are someone who is very careful with their bets and how they choose their games based on the odds provided. In that case, you can stay profitable in the long run, but only as long as you stay under control, don't get influenced by greed, and start making reckless decisions to get more profit within a short period. That usually becomes the reason for gamblers to lose more than they might've expected.

Sports betting is the type of gambling where staying profitable is possible, unlike casino games where you can't do anything other than hoping and praying that the RNGs stay in your favour and that's possible only if you are lucky and one can't stay lucky all the time, and in sports betting, luck comes after knowledge, so someone with good knowledge about a sport can stay profitable if they do things well.

You are right, the bookies provides the odds and payout winnings to players, so they are the ones that literally makes things easy for bettors to bet on their favorite selections and based on the options that they prive for bettors, they also stand at more advantage side because sometimes, bettors are losing more often than they win and the bookies remain profitable from the losses of many bettors.

Betting platforms generally do not disclose the overall profit and loss information of their users it is up to the player to track their individual betting history and not everyone does so. There is no central figure available on how many people are making a profit overall I completely agree with your argument that there is little benefit to profitable bettors in announcing themselves. Rather they can protect their interests by staying silent for this reason it is almost impossible to determine the exact percentage of long term winners. While some ideas can be found based on various studies and assumptions they are difficult to say for sure.

Bookmakers make a profit due to the margin in the difference in odds, and also due to the fact that most players lose their bets. If you take slot games, then everything works a little differently than in bets, and it seems to me that it is even easier for the casino to make a profit here. because they can initially count on profit, due to the probabilities in their favor. In betting, long-term results will be the same as yours over the course of a month, everything will just scale. Sometimes there will be better times, sometimes worse, but making a profit is difficult.

I did a little research about the games that the users "could win long-term", and it says that less than 1% of Black Jack players are long-term winners, there's also less than 1% of sports-bettors are long-term winners, but there are 10% to 30% of Poker players who are long-term winners. Although, it also said that merely 10% make significant profit from the game.

Plus in that list of games, it's only the game of Poker that doesn't make the players play against the house. 8)

Interesting, from all the casino games poker seems to be the only one that has some fairness in it..if merely 10 percent makes significant profit then we are talking about 5 to 8 percent population, which is more profitable than the others...i haven't really checked out poker, if it's a casino game why is it not programmed like other Casino games where the house always wins, this is the first time I'm getting to know something like this but I'm going to make my own research on it.

There’s no reason to announce actually that you’re a long-term winner with gambling, otherwise you are only attracting scammers to start eyeing on you. Or if ever there are statistics that would claim that this is the percentage, I don’t think it’ll be accurate enough. Most probably, it’s only made to make more views, and those who easily believe are mostly those who aren’t experienced gamblers.

This is very subjective in my opinion because you can't really get the right numbers for this. For some long-term winners, they won't disclose it to the public for so many reasons such as security. Also, hard to achieve such feat in gambling. Most of the time, you will be a long-term loser and not the other way around.
So with this query, I don't think you can get a concrete answer here. I don't think statistics will give you clear answer for this. But if you try to search over the net, you can only get rough estimate in sportsbetting, and it says that about 3-5% are long time winners. But there's no definite answer when it comes to casino games which are luck-based because this is actually hard to determine in numbers.

Long-term profit is one thing that is not, and has never been guaranteed on any game. I can't check on what the percentage would be, but a rough guess on an average would be anything below 2%.

I don't know how you came up with your ratings of what a long-term profit should be, so I'll like to ask; when you mean long-term profit, is it basically about the profits made over all, minus the bankroll that has been used? The reason for this question is that I haven't confirmed an instance that a gambler wins over the house with that estimation.

When you talk about the skills to make at least 5% long-term profit, what do you mean!??

If a player continues to play for a long time over several years, then he does so because he makes a profit and wins enough for him to continue playing. Or maybe not all players keep track of their losses, and they simply do not even know how much they have lost over all this time, and each time they replenish the budget by a certain amount and continue to play, and they play in different casinos, and therefore it is not possible to keep some kind of general records or there is simply no desire.

I don't think that we can have a long-term winner in gambling because as long as the person continues to gamble and did not quit gambling finally, he will definitely lose all his wins back to the casino. Long-term losers is what we all are as gamblers because we're still gambling for fun or for profit depending on the gambler's mindset towards gambling.

Your opinion is also right which is telling or making an announcement about ourselves who are gamblers who can always win in the long term will only attract a lot of negative energy, the coming of people including those closest to us to ask for a share or even cheating is something that is very possible to happen.

On the other hand, I think it is quite hard to believe that there is a gambler who can always win in the long term, or simply I will say that there is no advantage whatsoever that a gambler has, they only rely on luck that comes occasionally and as we know that most gamblers lose more often than they win, that has been clearly proven.

You can come to a rather simple conclusion, but I'm not sure many casinos or bookmakers will want to share the exact amount of people who are winning on their platform because it might actually dishearten gamblers if they knew. First off, on average you can imagine that almost no players will ever be long term winners at a casino, the best they can hope for is to strike it lucky early on before their losses get insurmountable against the fixed advantage that casinos build into every game. People have a little bit more chance with bookmakers, but are likely to find their accounts get heavily restricted after a while if they are able to put together a winning streak of bets. Bookmakers are quite happy to pay out winners and will tolerate high rollers a bit more, but the average small fish are just gnawing away their profits so will be pushed to other sites.

If you think it’s all about luck, that’s a wrong take when it comes to gambling.

There are games with a house edge where luck plays the biggest role but games like sports betting and poker? Those need strategy. Luck still plays a part, but with the right strategy, you actually give yourself a shot at being consistent and even profitable in the long run.

We’re talking about small percentages, maybe 5% or even less, but dude, it’s not impossible.

Poker is not a "casino game". It's a card game played between participants, not against the house. The live "Texas Holdem" game in Evolution that they claim is Poker is NOT actually Poker. It's a mere variation of the real Texas Holdem.

The only casino game mentioned among those three I posted is Black Jack, which requires a skill called "card counting" to win more consistently.

Knowing what to say about this could be under different basis, we can consider the game factor as well as the gambler experience in playing a particular game type, we have the sport betting, casino games and many others, which we can use any of the listed above to in determining for the best players that wins more often on a particular game, but there is still no more effective measures to which we can draw a conclusion form or obtain our data, it's a difficult thing to know the accurate percentage.

I guess this site would give some good inputs about the percentage people discussing here and its causes https://www.underdogchance.com/what-percentage-of-sports-bettors-are-profitable/

That's why its bettor to pay attention on our bets and focus on the strategy we create. Also think about quitting when we are already winning good percentage and never engage on other activity that can frustrate us which can also cause for our major defeat.

Ultimately, every gambler has his own story, and someone can be a loser and someone lucky. And if it is true that only one percent of gamblers win on a regular basis, then it turns out that we can gather 99 guys in one room and it turns out that they all just lose money. But such a number of people is a huge casino hall, and this example is very clear. And it turns out that so few people actually remain in profit that it is a little sad.

But the funny thing is that someone can be a loser in a casino for a long time, but then because of the jackpot at one point he will become the one who is in profit thanks to the casino.

But no matter now much "experience" you have in casino games, with the exception of Black Jack, you'll still not be a long-term winner. Why? Because the casino has a house edge which ensures that they win LONG-TERM against you.

It's simply math.

 ¯\_(ツ)_/¯

If you believe you're making casino games as your source of secondary income, then ser, stop it.

these are really interesting questions, I have been asking it for a while too
I think the only way to know would be to check internal data for gambling and sports betting websites
I'd guess that 20% would be recurring (players who keep coming back) but from these probably less than 5% (from the total) are profitable and the others are losers who are hooked and keep on playing

what do you think?

It is possible that less than 5% of all gamblers make a long-term profit. We will never really know the number, it is just speculation. How do we get internal data from betting site users?
There will be no definitive data for this that we can get. Betting sites will also not reveal everything because that would clearly show how much profit the betting provider makes, rather than the big chance of long-term profit that the bettor has.

Did you see Barcelona's UCL game? Yes, there was a tense moment when Lamine was fouled near the penalty area, but the same defender said it wasn't a penalty but that the foul was outside the area, and the referee blew his whistle for a penalty, at that moment I said: "The refereeing sold out again." Fortunately, all the players' complaints made the main referee look at the VAR and rule that it was not a penalty, but for a moment I said to myself that again it was blatant manipulation like in La Liga, this example fits into this topic.

Specific data will be a casino secret and of course will not be disclosed to the public, maybe only some supporting data will be disclosed.

But legal online casino sites will disclose data in accordance with established regulations,
so local jurisdictions must know how the casino works and who enters and exits or stays in the casino.

Let's pretend that those numbers are accurate.

 - So there's probably some percentage of those "recurring players" who are responsible gamblers. I believe that the casino industry doesn't exist from the profits and revenues from degenerate gamblers because these kinds of people lose their shirts quickly than most of the responsible gamblers who are probably more consistent "revenue sources". https://cdn.imgchest.com/files/6yxkca3aae7.jpeg

I probably belong to that group.

I think this is true, because if casinos collected this data and posted it in full detail, then it would be possible to have a general picture and understand how little players actually win. Probably, these numbers are presented to the public once again, not in the most detailed form, and not all casinos. However, I think betting professionals have such information through familiar casino owners who share such statistics with them, and who knows, maybe this happens for money, I don’t know, but these are just my guesses.

only 2 ways I can see:
1) the website make the data public as a study or something
2) a whistleblower or employee end up leaking the data

I don't think there are high chances of these happening since employees are probably paid well and owners don't have a lot of incentive to make the data public