Wager Mage
Wager Mage
Photo: sergio souza
To be profitable, a bettor must win at least 52.4% of bets. For many, 55% is a good year, 60% a great year and 65% a career year. Eleven percent of daily bettors admitted to winning rarely. Answers like this are a great example of why being honest with results is vital for sports bettors.
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Read More »Almost a quarter of sports bettors who participated in a recent survey believe they win 75% of the time, while nearly 40% of daily bettors are risking at least half their monthly paycheck. Sports Betting Report released data on a survey of over 1200 adult sports bettors with information on gender, how often people are wagering, where they’re betting and how often they say they win. According to the survey of American sports bettors, 24% said they place bets every day with 42% betting a couple days per week. Of those betting every day, 39% are betting at least half of their monthly paychecks. Most believe gambling is an extra income source. Women are more likely to wager daily than men (26% to 23%), but men have the edge when it comes to betting a few days per week (45% to 36%). Infrequent bettors are more careful with their bankroll. Over half of bettors who only wager a few times a month are risking less than 10% of monthly earnings. The answers regarding betting results is revealing into the mind of a gambler. Of daily bettors, 24% said they win ‘frequently’, which was classified as at least 75% of the time. Half of the responses said they win half the time.
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Read More »A 2008 study showed that people with psychiatric disorders are 17 times more likely to develop gambling problems. Personality traits. People who tend to be restless, easily bored, extremely hard-working, or very competitive may be at greater risk of developing gambling disorder.
Yale’s Center of Excellence in Gambling Research, one of two such centers in the nation, is supported by the National Center for Responsible Gaming and conducts groundbreaking research into gambling disorder. The Center, directed by Yale Medicine psychiatrist Marc Potenza, MD, PhD, has conducted the first brain imaging studies on people with gambling problems. These have found that the brain acts similarly during monetary reward processing in individuals with gambling disorder as it does in people with binge-eating, alcohol-use and tobacco-use disorders. Yale Medicine research has made advances in understanding the effects of such opioid antagonist medications. The Yale Center has also investigated gender-related differences in gambling behaviors and disorders. Next for the Center is tracking the brain’s activity during effective behavioral and pharmacological treatments. Dr. Potenza is also director of the Problem Gambling Clinic, a collaboration between the Yale Department of Psychiatry and the Connecticut Mental Health Center, which treats patients and conducts research into gambling disorder. He is also a consulting psychiatrist for and medical director of the New Haven component of the Bettor Choice program operated through The Connection.
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“The best way to predict the future is to invent it.” PARC researcher Alan Kay is widely attributed as having said this here.
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You cannot tell when a modern slot machine will hit because the outcome of each spin is random. No matter how many times a machine has spun, and no...
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