Tag Archive: sports bettor

All gambling, whether at the casino or sportsbook, is very much dependent on luck as opposed to skill. Because sportsbooks are a for-profit business, then it's virtually assured that the vast majority of sports bettors will lose over and over again. Of course, it's true many gamblers don't mind a flutter once in a while for a little fun. But other players will lose consistently. And more often than not, this is down to bad advice or believing in foolish and totally untrue gambling myths.

Humans have been gambling since the first Neandertal threw knucklebones onto the cave floor. And since then, gambling has never gone out of fashion. Today, thanks to the internet and online casinos, there are more people gambling than ever. So we have to ask ourselves, what are the reasons we gamble? What drives us to risk our hard-earned cash to the whims of Lady Luck? It turns out that we are programmed a certain way. And the desire for both risk and success is hard-wired into our brains.

Only a certain type of sports gambler is going to make the Lucky 63 bet. After all, you'll need to place 63 individual wagers on a total of 6 match selections. And all at a minimum of £1 each. That adds up to quite a high stake amount. In order to win, you'll need to be successful with just one, but there will be no profits. You'll need at least 3 of your selections to bring home the bacon. Of course, if you're super lucky and score all 6 matches correctly, then expect to be partying that night.

Of all the wagers you can place over a game of football, then the Goliath bet is probably the craziest one. The clue is in the bet's name. You will be required to make a monster 8 combination bet with 247 bets (28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and 1 eight-fold accumulator). On the whole, you're going to be placing £1 on each bet. This means that the total wager will be £247, which is quite a large stake for your average Saturday afternoon match.

Let's start off with a home truth. Most sports bettors lose money. That's it! In fact over 90% of all sports bets are lost, yet that doesn't seem to put off peeps from playing sports bets. When these bettors finally run out of cash, there seem to always be others willing to step forwards and fill their shoes. But what are the factors that can make or break your average sports bettor? Let's have a deeper dive and see.