Why Are Most Sports Bettors Losers?

July 22, 2008

Sports Betting and LosingYes, actually, but no offense.  Statistically speaking, most sports betters are “losers” financially because (1) the bookmaker’s odds are hard to beat and (2) even if they have a strategy they mismanage their money.  How does the bookmaking process work?  Understanding this process will be important to planning your sports betting strategy.  Read more