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OT: How Often Do Gamblers Win?

Posted By: lenny
Date: Sunday, 13 October 2013, at 3:30 a.m.

In Response To: OT: How Often Do Gamblers Win? (jdg)

The piece is limited to casino games.

In sports betting, it was said for years that only about 1% win. Now you often hear that 10% is more like it.

Nevada sports books try to bar winning players who make limit bets, because the person buying the ticket is often the front man for a group of players. Those same sports books have computer printouts showing that they kill the $200-$300 bettors.

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