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re: Man loses his hard earned money at the casino and loses it
Posted on 6/28/23 at 6:34 pm to RedHawk
Posted on 6/28/23 at 6:34 pm to RedHawk
quote:
Isn't this what everyone says?
Yes that’s correct. Pretty much everyone says that. If one breaks even they are doing good. If you earn a little coin you’ve done well to stay afloat and turn a profit. Only 1% of true sports handicappers can earn a living wagering on that stuff. 99% of the people out there that wager on sports for an entire calendar year end up losing money. I’ve worked behind the counter I know this as fact. To earn a profit mathematically one must win around 57% of the time which is hard to do. Far as table games I think it’s even harder. Slots no way, all that is sheer luck of being at the right place at the right time. Sports wagering is the only thing I can win more than I lose and some years I’ve done well to break even or small loses. People don’t need to gamble unless they can afford to lose because ultimately that’s what happens to most. They aren’t building those fancy casinos giving money away.
4
Posted on 6/28/23 at 6:47 pm to Earthquake 88
You said earlier the worst you did was break even, now you say you've done well to break even or small loses (sic).
One thing chronic gamblers do is to deny they ever are losers, even to anonymous internet posters.
One thing chronic gamblers do is to deny they ever are losers, even to anonymous internet posters.
Posted on 6/28/23 at 7:02 pm to Earthquake 88
Walked into Golden Nugget early this afternoon, and first thing I saw was an old baw stand up and slam his slot chair and topple over.
Shook my head and headed to the blackjack table to lose $500 and stew on the drive home
Shook my head and headed to the blackjack table to lose $500 and stew on the drive home
Posted on 6/28/23 at 7:19 pm to Earthquake 88
quote:
Only 1% of true sports handicappers can earn a living wagering on that stuff.
No. Only 1% are profitable long term. Very very few of those are actually making a living on their bets alone.
This post was edited on 6/28/23 at 7:21 pm
Posted on 6/29/23 at 9:07 am to Earthquake 88
quote:
To earn a profit mathematically one must win around 57% of the time which is hard to do.
I uploaded $100 to Fan Duel before the last CFB season and I lost all five of my $20 bets.
Funny thing is, I didn't even care either way. I will probably never gamble on sports again. Did absolutely nothing for me and I never even watched one single game I bet on.
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