“Harvard Medical School analysed the betting histories of over 40,000 of customers playing with a leading online sports bookmaker.
Placing nearly 8 million bets and wagering over €60 million.
Only 245 players showed profits of over €1,000.”
245 of 40,000.
Quote: mcallister3200Then again what in the sam hell is a € is it a bitcoin? I only understand freedom units.
€ is a Euro.
And only 39755 of those people are allowed to make Sports bets there anymore.Quote: SM777https://www.pinnacle.com/en/betting-articles/Betting-Strategy/what-is-survivorship-bias/3DY2T5GERNE7GJYH?utm_source=twitter&utm_medium=article-link&utm_campaign=betting-strategy
“Harvard Medical School analysed the betting histories of over 40,000 of customers playing with a leading online sports bookmaker.
Placing nearly 8 million bets and wagering over €60 million.
Only 245 players showed profits of over €1,000.”
245 of 40,000.
Quote: SM777https://www.pinnacle.com/en/betting-articles/Betting-Strategy/what-is-survivorship-bias/3DY2T5GERNE7GJYH?utm_source=twitter&utm_medium=article-link&utm_campaign=betting-strategy
“Harvard Medical School analysed the betting histories of over 40,000 of customers playing with a leading online sports bookmaker.
Placing nearly 8 million bets and wagering over €60 million.
Only 245 players showed profits of over €1,000.”
245 of 40,000.
Wellll.... average total bet per bettor.... $1500..... average bet size less than $8...... And we are supposed to be surprised that only 245 are up over $1000?
Quote: AxelWolfAnd only 39755 of those people are allowed to make Sports bets there anymore.
Did you use a calculator?
Quote: lilredrooster13% of bettors winning is much higher than I would have guessed and it is reason for optimism if a person is new to the game
Yeah that doesn’t really sound much different than poker. Definitely a higher percentage than table games or machines.
Quote: SM777https://www.pinnacle.com/en/betting-articles/Betting-Strategy/what-is-survivorship-bias/3DY2T5GERNE7GJYH?utm_source=twitter&utm_medium=article-link&utm_campaign=betting-strategy
“Harvard Medical School analysed the betting histories of over 40,000 of customers playing with a leading online sports bookmaker.
Placing nearly 8 million bets and wagering over €60 million.
Only 245 players showed profits of over €1,000.”
245 of 40,000.
Which is why Rosenthal opened a book inside the Dust.