What percentage of betting players are long-term winners?

[Julien_Olynpic]

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%.

[jas0190]

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.

[Odusko]

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.

[lovesmayfamilis]

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.

[bitbollo]

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

[Ishicryptic]

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.

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.

[Text]

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.

[cryptoaddictchie]

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.

[Don Pedro Dinero]

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.

The percentage of sports bettors who are consistently profitable over the long term is very low—generally estimated to be between 1% and 3%.

Here’s a breakdown of why:
💸 1. The House Edge

    Sportsbooks include a built-in margin (also called the “vig” or “juice”) on every bet. To break even, you usually need to win at least 52.4% of your bets at standard odds (-110).

📉 2. Psychology and Biases

    Most casual bettors:

        Bet with emotion (e.g., on their favourite team).

        Chase losses.

        Don’t use any mathematical or statistical model.

📊 3. Sharp Bettors (the Profitable 1–3%)

    These bettors:

        Specialise in niche markets.

        Rely on data models, arbitrage, or value betting.

        Manage their bankrolls very carefully.

        Often get limited or banned by sportsbooks for being too good.

🔄 4. Short-Term vs Long-Term

    Many can have lucky streaks in the short run.

    But long-term profitability requires sustained edge and discipline, which most don't have.

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.

[_act_]

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%.

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.

[Cryptmuster]

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.

[bubilas]

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%.

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.

[gunhell16]

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

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.

[TheUltraElite]

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.

[Ruttoshi]

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.

[Wexnident]

~

Sooo I let AI do its own thing and well, one that had a study linked was this one 4% of them. 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.

[btc_angela]

~

Sooo I let AI do its own thing and well, one that had a study linked was this one 4% of them. 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.

[arwin100]

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%.

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.

[rachael9385]

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%.

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.

[Akbarkoe]

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.

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.