What percentage of betting players are long-term winners?

[Wind_FURY]

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?

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".

I probably belong to that group.

[sompitonov]

-snip-
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.

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.

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.

[l3pox]

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.

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