New Posts For Thread: Why do so many people lose at gamblinghttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gamblingIf the percentage rate of people who make gambing pay, as Punters, is less than 5%, and I'm probably being liberal with that figure. The next question is why if so many people lose why do they keep doing it, surely we are not all addictsWhy do so many lose at gambling?1. It's a zero sum game. (For every winner there has to be one or more losers.)2. There is deduction taken on by the middleman (which is large enough to erode most banks in the long run)3 Horseracing is equal parts fohttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560824461#560824461Why do so many lose at gambling?1. It's a zero sum game. (For every winner there has to be one or more losers.)2. There is deduction taken on by the middleman (which is large enough to erode most banks in the long run)3 Horseracing is equal parts foMon, 19 Apr 2021 09:23:53 -0500Mark - there is no way the recreational punter WANTS to lose . They have no other choice because winning at betting is a skill like no other . They have zero of the skills in order to become a winner . Any divvy can click a button or write a bet ohttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560819845#560819845Mark - there is no way the recreational punter WANTS to lose . They have no other choice because winning at betting is a skill like no other . They have zero of the skills in order to become a winner . Any divvy can click a button or write a bet oSun, 18 Apr 2021 12:35:56 -0500Of the majority of people who actually lose regularly at gambling (but not to the degree that addiction is ruining their lives), I think that the important thing to them is to appear to be a winner. They want wins so that they can brag to their matehttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560808957#560808957Of the majority of people who actually lose regularly at gambling (but not to the degree that addiction is ruining their lives), I think that the important thing to them is to appear to be a winner. They want wins so that they can brag to their mateFri, 16 Apr 2021 13:34:28 -0500Does anyone know why Gaze always looses?https://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560808545#560808545Does anyone know why Gaze always looses?Fri, 16 Apr 2021 12:17:36 -0500the same reason as people drink, it makes it feel better and avoid boredom especially in these timeshttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560511179#560511179the same reason as people drink, it makes it feel better and avoid boredom especially in these timesSat, 13 Feb 2021 09:20:22 -0600Just remember that PATIENCE with an EDGE and correct MONEY MANAGEMENT is all you need to be successful at betting .https://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560511133#560511133Just remember that PATIENCE with an EDGE and correct MONEY MANAGEMENT is all you need to be successful at betting .Sat, 13 Feb 2021 09:13:42 -0600TAKE NOTE OF THE FOLLOWING STATEMENT BY roadrunner , a long term strategy is learning about your chosen specialization, gambling is no different to learning a trade, studying to be a doctor or lawyer, what theyhave in common is it takes years to accohttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560510787#560510787TAKE NOTE OF THE FOLLOWING STATEMENT BY roadrunner , a long term strategy is learning about your chosen specialization, gambling is no different to learning a trade, studying to be a doctor or lawyer, what theyhave in common is it takes years to accoSat, 13 Feb 2021 08:22:58 -0600Why do so many lose at gambling? One simple reason - gambling is a zero sum game before costs, therefore the costs of providing any platform has to come out of the total pool gambled before the winnings can get distributed, making it a minus-sum gamehttps://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560368133#560368133Why do so many lose at gambling? One simple reason - gambling is a zero sum game before costs, therefore the costs of providing any platform has to come out of the total pool gambled before the winnings can get distributed, making it a minus-sum gameTue, 12 Jan 2021 04:02:09 -0600Lol Grande.https://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560182027#560182027Lol Grande.Tue, 24 Nov 2020 07:35:49 -0600No bet is better than a bad bet.https://community.betfair.com/general_betting/go/thread/view/94082/31660827/why-do-so-many-people-lose-at-gambling?post_id=560149261#560149261No bet is better than a bad bet.Sun, 15 Nov 2020 17:46:54 -0600