% Percentage of Sports Bettors That Win

[pokernut9999]

So basicially this thread is telling me that I should be expecting a real bad time coming up soon hehe
So Far, Ive been winning on NFL every week, while breaking even on NCAA for the most part.

That and dont listen to anyone on here because only 1 or 2 could be a winner.

[20Four7]

The key is money management in all gambling.

That along with DH's post is the Truth. In gambling certainly no more than 5% are long term winners. On a forum such as this the percentage would be higher hopefully due to more knowledge, discussion etc. That is strictly for anything beatable. As for slots, craps etc there are no long term winners except those that get up and quit and never play again.

[HedgeHog]

It is impossible for anyone to know what % wins. There are no records kept and no math formula can predict that. I personally find 1% a silly number. I doubt only 1 out of every 100 people win betting sports.. A figure of 1% is nowhere close.


Yes majority of players lose but 1 to 3% winners is ridiculous.

If it's impossible to know, how is that 1-3 % winners is not correct. To be honest, I don't know either--But I thought I was being generous. Every year, people join G.A., none of which are winners. And again, I'm talking lifetime, not one lucky year--and the vast majority lose over decades.

[pokernut9999]

If it's impossible to know, how is that 1-3 % winners is not correct. To be honest, I don't know either--But I thought I was being generous. Every year, people join G.A., none of which are winners. And again, I'm talking lifetime, not one lucky year--and the vast majority lose over decades.

If it is impossible to know , then anything thrown out is a mere guess. I think 1% is pure crap period.

[HedgeHog]

If it is impossible to know , then anything thrown out is a mere guess. I think 1% is pure crap period.

Then denying 1-3 % is pure crap, too. Works both ways!

[trustbutverify]

Picking winners and finding angles is easy. But character weaknesses get to people. The first that comes to mind is greed (aka as bad money management). And without persistence, patience, and especially discipline nobody is going to succeed in this field over the long run. The personality traps are many, and people tend to underestimate them. Ultimately, and aside from all direct gambling knowledge, it comes down to how well you know yourself. Gambling can greatly unbalance a person, but in that same light can be seen as a great teacher of balance.

It's vastly more personal than a percentage.

Right.

The 6 major markets are saturated with potential profits.

But a scientific, objective, systematic approach is required for long term success.

Not too many players use such an approach.

Nor have the character to apply it consistently and conservatively.

[kiwi]

I am sure that far more than 1% of the bettors are winners. One sign in my opinion is that more and more books reduce limits drastically for 'professionals' or 'winners'. Books like StanJames or Unibet didn't care much about 'winners' 2-3 years ago. But now as the number of bettors who know what they are doing (playing value bets, arbs or steam or in rare cases win by 'normal' bets) is increasing rapidly, more and more books are getting big problems and try to defend themselves against the increasing number of 'dangerous' customers.
For example you will not find one single british bookmaker anymore who let you win over a longer period than a few months.

[biggamer3]

Get outta here 1% only, ask people here its like 80% making money