Scary Wagering Numbers

Breaking Bad...Streaks!

1) On Any Given Day:
4% of those who wager on horses show a profit.
Ask a typical gambler leaving any gaming establishment if they made money.
They didn’t win.
They didn’t lose.
They broke even.
They lied.

 2)  In Any Given Season:
3% of those betting on football get money back from their sports book.

This says it all.
From The late Bob Martin, manager of Las Vegas’s first sportsbook:
“The number of bettors who win betting pro football is so small that it is
virtually the same as if no one won.”

3)  In Any Given Lifetime:
0% of those wagering in a casino show a profit.

It doesn’t get more blunt than this…..
Steve Wynn (owner of multiple billion dollar casinos) was interviewed
by Charlie Rose on 60 minutes and asked:
“Have you ever known, in your entire life, a gambler who wins here big and
walks away?”
“Never”, Wynn replied.

Rose then followed with:
“Do you know anybody over a stretch of time, who is ahead?”
Wynn replied with another unhesitating answer:
“Nope”

Posted: August 20, 2015
Tags: , ,
Category: Current Matchup,Latest News,Wagering