Why do 90% of Bettors Lose in Sports Betting in the Long-term?

[Huppercase]

vvv

Are you advertising your ebook for sales or you just copy some random post from another blog to the forum because the article doesn't look as if you are communicating, all you mention were just facts.  I also don't know where you get your statistical data from and base your conclusions on this score of 90%, only a betting site is capable of releasing such data and to protect their self and the users, they wouldn't give out such data to the public.

I have seen people make money in Sport betting and I have also seen people lose money in sport betting and likewise seen people make wealth in sport betting and also help people to share similar codes to win bet, they lost too but the money they have made from sports have made them money for retirement and that is why I can not accept this your facts, people are making money from sport betting and with that. 90% doesn't lose the way you decribed it.

[retreat]

-snip-

Placing bets based on guesswork simply doesn’t work!

So, how can you break free from this cycle of losses?
-snip-

Well, it's quite tricky to be able to win at sports betting because we have to do analysis, such as looking at the performance of the team we choose, and various other important things, which can reduce our chances of losing. However, it is undeniable that the results of one match can be different compared to the analysis we are doing.
And therefore preparing mentally and staying focused on maintaining our finances is the key to being able to make gambling activities not a disaster for us, because usually people who are impatient will gamble until they win, even though this is a big mistake which will make them went bankrupt quickly.

[Gozie51]

....because usually people who are impatient will gamble until they win, even though this is a big mistake which will make them went bankrupt quickly.

These people are not impatient in my view but they are people chasing after the loses they have made so to recover but unfortunately gambling is gambling. It doesn't not present to us the desires of our heart. So you can keep chasing the loses until you go down with it. It is painful when you lose consistently but one need self control to understand every day is not a winning for you. There is a relationship to understanding gambling and playing or betting on it. This is the reason people lose so much to sell their house, car or important belongings because they are hopeful that the next game is going to be a jackpot for them and if you are seeing yourself in such level then addiction has set in.

[ethereumhunter]

It's fine for bettors to increase the games they want to bet because it's a diversification which mean they minimize the risk of losing all of their money in single game. What most people are doing they're increase the amount they want to bet in few games only, it increase their risk to go big or go home.

Actually I don't think 90% of bettors lose in sports, if they're lucky enough and all of their bets mostly win, they're the winners. It's not like slot games, where we can only click to spin.

Before deciding to increase their game size, they must be aware of the risk of losing more money than before. This is so they understand that there are consequences behind that decision so they have to really be aware of it.

Playing sports betting and slots are different so they have to be aware of how much money they can spend betting on. Bettors have more chances of winning as long as they choose a team that has the chance to win. But it's not easy because it requires enough ability and experience to win.

[darewaller]

I appreciate the analytical understanding of gambling you already have and especially in sports betting but to me this is all less complicated because sometimes gamblers don't always care about profit but just come for the fun of it.

-snip

To consistently accumulate wealth with low risk, two standout approaches have proven their worth: Bonus Hunting and Arbitrage Betting. I have personally employed these strategies since 2011, experiencing consistent success with profits exceeding $1 million. However, it’s important to remember that individual results may vary.

from this statement it seems similar to looking for consistent income or profit at gambling, right? If true, to me this would violate the natural law of gambling that profiting from casinos is always risky.
as you said bonus hunting has the risk of losing all funds to reach the wagering requirements and for arbitrage betting has the risk of account being banned from any sportbook as was the case with some people in the past.

Yes and he even mention the word consistent. The law that you are talking, about gambling is I think only made up by humans who are not doing well in terms of gambling for profit but there is no legal law that gambling for profit is not allowed and there are still gamblers who are successful with it including the OP. Like the OP said, not all can do it.

We only need to try first and see if it's working for us but if not then that is the time to treat gambling for fun. Anything has a risk and so as gambling but there are still bonus offered by a casino who don't need a deposit anymore. There is even some who don't need a wagering but you can withdraw immediately what you already won as long as that is within or above the minimum withdraw.

[Negotiation]

as you said bonus hunting has the risk of losing all funds to reach the wagering requirements and for arbitrage betting has the risk of account being banned from any sportbook as was the case with some people in the past.

Not only bonus hunting, but all forms of activities that risk money in the gambling industry carry the risk of losing money and of course every gambler who bets has understood and can accept the risk of losing money.
But there are not a few gamblers who cannot accept defeat and then chase victory to return the loss.

Arbitrage Betting has become a ban in most of the casinos so one has to avoid such way of betting to stay out of trouble.
But it needs to be underlined that there are many gamblers who continue to make arbitrage bets secretly and they do everything so that the casino team doesn't know about them.

Yes apart from these arbitrage betting if you try to use arbitrage betting on bets with more than two outcomes, things can get very complicated. In most cases, it is not possible to arbitrate more than two outcomes so if you are not an expert, you should not try to arbitrage bets with high results. By not being open to betting on both the back and sides of a game's outcome and betting on different bookmakers online the arbor is virtually undetectable.

[wiss19]

You talk about sports betting which mainly depends on one's research and analysis skills and not only their luck, the fact that 90% or even more lose in the long run applies mainly on gambling games where the outcome of a bet solely depends on one's luck and nothing else can have any influence on it. About sports betting, I don't really think one cannot stay profitable in the long run as long as they can manage to have a better win rate than the loss rate.

So those who are into sports betting should think about making their research and analysis skills better over time so that they have enough knowledge and experience about the games they are going to be making bets on, that is the only way they can maximize their chances of winning more bets over time.

[pawanjain]

I don't think such a long post was required because the whole motive of the post was behind 3 strategies of betting.
Value betting, Arbitrage betting and bonus. It's true that just guessing won't get us decent profits in the long run.
Value betting is the way to go but one should have a deeper understanding of the match/event he is placing the bet on.
Even then I would say there will be bets we lose because we require a combination of luck and skill to win.

[pawel7777]

You talk about sports betting which mainly depends on one's research and analysis skills and not only their luck, the fact that 90% or even more lose in the long run applies mainly on gambling games where the outcome of a bet solely depends on one's luck and nothing else can have any influence on it. About sports betting, I don't really think one cannot stay profitable in the long run as long as they can manage to have a better win rate than the loss rate.

So those who are into sports betting should think about making their research and analysis skills better over time so that they have enough knowledge and experience about the games they are going to be making bets on, that is the only way they can maximize their chances of winning more bets over time.

I have no trouble believing that those 90% would also be applicable to those wo engage only in sports betting. Most of people would not make any deep analysis to give them an upper hand. And even if you do run proper research and analyses, it still doesn't guarantee you'll have a mathematical advantage. Even if your analysis is spot on, it'll only help you to determine odds for an event, but then you'll have to find a bookie who (according to you) miscalculated their odds, so you could take advantage from the difference.
Making constant profit from sports betting is really hard, it only works fine for arbitrage betting, but you can get banned really quickly if you do that.

[tusandii]

as you said bonus hunting has the risk of losing all funds to reach the wagering requirements and for arbitrage betting has the risk of account being banned from any sportbook as was the case with some people in the past.

Not only bonus hunting, but all forms of activities that risk money in the gambling industry carry the risk of losing money and of course every gambler who bets has understood and can accept the risk of losing money.
But there are not a few gamblers who cannot accept defeat and then chase victory to return the loss.

Arbitrage Betting has become a ban in most of the casinos so one has to avoid such way of betting to stay out of trouble.
But it needs to be underlined that there are many gamblers who continue to make arbitrage bets secretly and they do everything so that the casino team doesn't know about them.

Yes apart from these arbitrage betting if you try to use arbitrage betting on bets with more than two outcomes, things can get very complicated. In most cases, it is not possible to arbitrate more than two outcomes so if you are not an expert, you should not try to arbitrage bets with high results. By not being open to betting on both the back and sides of a game's outcome and betting on different bookmakers online the arbor is virtually undetectable.

Yes, arbitrage betting is usually done by experienced gamblers and the purpose of arbitrage betting is to increase the chances of winning or reduce the amount of loss if you lose because arbitrage betting has betting options that can be more than three bets.
However, it is true that if you do not have sufficient experience and knowledge about arbitrage betting, it will only lead to defeat.

But in my opinion it is better to stay away from arbitrage betting because apart from being banned by some casinos, this type of bet is also very risky.

[_act_]

Not only with sportsgambling but to all gambling games. Reason? Winning is never certain therefore playing more often would expose you to higher risk.

To me the main reason is that the casino are setting the odds that are favouring them more. Favouring the gambling sites far more than the gamblers. That is why gamblers lose more than they win.

Some gamblers may make profit if they do not gamble too much at a stretch and not gambling frequently. But some people continue to gamble and have fun and risk more and lose more.

[piebeyb]

....because usually people who are impatient will gamble until they win, even though this is a big mistake which will make them went bankrupt quickly.

These people are not impatient in my view but they are people chasing after the loses they have made so to recover but unfortunately gambling is gambling. It doesn't not present to us the desires of our heart. So you can keep chasing the loses until you go down with it. It is painful when you lose consistently but one need self control to understand every day is not a winning for you. There is a relationship to understanding gambling and playing or betting on it. This is the reason people lose so much to sell their house, car or important belongings because they are hopeful that the next game is going to be a jackpot for them and if you are seeing yourself in such level then addiction has set in.

Usually people who are in a hurry or are impatient will experience chaos in gambling, that is why it is important to gamble with the aim of having fun as a more positive mindset, most of what we see is because they want to chase defeat then do it in a hurry and can't wait to win, but that way instead of making a profit, instead they are on a losing streak and I have had moments like that.

Never think that in the next game you can get a win but in the end you lose, that is the behavior of an addict, because only an addict thinks like that, as a gambler I never think about playing in a hurry, let alone hoping to get a win in the next game, if my budget is When I'm finished gambling, I will stop playing.

[Natalim]

Usually people who are in a hurry or are impatient will experience chaos in gambling,....

That's for sure, gambling is a kind of fun or entertainment that is too risky. We are dealing with money here, so if we get too emotional, especially when we experience significant losses, it can lead us to chase our losses in the hopes of turning a profit.

However, we fail to understand that winning every day in gambling is not realistic. In fact, the majority of gamblers experience losses in the long run. This reality alone should serve as a strong reminder for us to manage our finances responsibly and not spend more than we can afford to lose.

[BitcoinTurk]

In order to answer this question I think it should be interpreted from two different perspectives. From the first perspective, it is because in gambling always the casino or sports betting provider wins, not the gambler. This is an order in which the balance is ensured by match-fixing or similar methods and it is not something that can be to the advantage of a gambler. The second perspective arises from the insatiability of gamblers. Gambling always stimulates the desire of gamblers to win more or to win large sums while gambling. This causes the gambler to play more and thus lose more. As the gambler loses, the casino or sports betting provider wins and thus the success rate of the players is much lower than the casino or sports betting provider.

[SmartGold01]

You have a nice guidelines from what I've red above, sometimes it's very hard to defines ones winning although I am not yet routed into gambling but from my being around this sections I have beginning to develop interest on how to start gambling gradually. This are some reason I stayed cling to this section for me to build my strength and get some key points and guidelines.
Then lastly what I have understood so far is that, if we sees it as an entertainment we would lowered our anxiety to make winning in every predicted games and matches.

[Solosanz]

In order to answer this question I think it should be interpreted from two different perspectives. From the first perspective, it is because in gambling always the casino or sports betting provider wins, not the gambler. This is an order in which the balance is ensured by match-fixing or similar methods and it is not something that can be to the advantage of a gambler.

It's not make sense, although we're know favorite team has higher chance to win and underdog team has lower chance to win, but anything can happen. Not all gambler will always bet on favorite team, some time you need to consider to bet on underdog team. If the gambler is lucky enough, he can win in gambling since he always bet the right team.

I'd say match fix or the casino is cheat the gambler when they voided the gambler bet or change the result because of bug or glitch.

[slapper]

In order to answer this question I think it should be interpreted from two different perspectives. From the first perspective, it is because in gambling always the casino or sports betting provider wins, not the gambler. This is an order in which the balance is ensured by match-fixing or similar methods and it is not something that can be to the advantage of a gambler. The second perspective arises from the insatiability of gamblers. Gambling always stimulates the desire of gamblers to win more or to win large sums while gambling. This causes the gambler to play more and thus lose more. As the gambler loses, the casino or sports betting provider wins and thus the success rate of the players is much lower than the casino or sports betting provider.

You draw attention to the organised benefit that casinos and betting services have. But isn't the fact that this benefit can be counted on a major selling point? Players don't tend to be so naive as to believe otherwise. Is it not the gambler's responsibility to refuse to play against such odds? The need to constantly win is another essential feature of compulsive gambling. However, wouldn't this kind of yearning be motivated by the human propensity for optimism and ambition? Humans are intrinsically motivated to expand their horizons, take on difficult tasks, and succeed where others have failed. Unfortunately, a compulsive gambler channels an inclination that rarely pays off into the gambling industry. Isn't the real problem not insatiability, but rather unrealistic expectations?

[noormcs5]

In order to answer this question I think it should be interpreted from two different perspectives. From the first perspective, it is because in gambling always the casino or sports betting provider wins, not the gambler. This is an order in which the balance is ensured by match-fixing or similar methods and it is not something that can be to the advantage of a gambler. The second perspective arises from the insatiability of gamblers. Gambling always stimulates the desire of gamblers to win more or to win large sums while gambling. This causes the gambler to play more and thus lose more. As the gambler loses, the casino or sports betting provider wins and thus the success rate of the players is much lower than the casino or sports betting provider.

Well, the first part is not in our control as the sports bookies will always want us to lose and all this match-fixing and manipulation is not in our hands.
Coming to the second part, where you said that gamblers wish to win more and more and this greediness leads them to a loss. This aspect can be controlled by the gamblers if they stop gambling after winning the bets, do not aim for too big money, and do not risk too much money. If the gamblers show some discipline they can be an overall winner in sports betting.

[Eureka_07]

<snip>
If you only guess which team will win in a match, it won't work because each one has the same chance. But it will show when you analyze each team that you will find more info about them. You will see how each team is performing so you will be able to choose the right team.
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Sports betting doesn't only offer choices between the winning and losing teams. There are also a bunch of other bets related to the game, such as which side will score the first point, the combined score, the number of points a player will make, or whether a specific scenario will happen. These types of bets are often more difficult to predict, which is why many people end up losing money from betting.

[Unsoldier]

<snip>
If you only guess which team will win in a match, it won't work because each one has the same chance. But it will show when you analyze each team that you will find more info about them. You will see how each team is performing so you will be able to choose the right team.
-

Sports betting doesn't only offer choices between the winning and losing teams. There are also a bunch of other bets related to the game, such as which side will score the first point, the combined score, the number of points a player will make, or whether a specific scenario will happen. These types of bets are often more difficult to predict, which is why many people end up losing money from betting.

The prediction accuracy of such bets can be tricky, and they usually have higher odds than simple win/loss bets. For some punters the possibility of winning a large sum of money may be attractive, but at the same time these bets are riskier. These types of bets require more analysis, knowledge of teams and players and a greater degree of luck.