when laying 11 to win 10, what percentage of bets do professional gamblers win?
/// There’s always an awkward pause when a non-gambler or a beginner asks me, “What percentage of bets do professional bettors win?” It’s a less-than-simple question to answer because it can’t be answered simply. That, of course, sounds like a cop-out, but the answer to that question really does demand an explanation. Many people believe professional-level sports bettors win at least 60% of their bets. It’s understandable that people think that, but it’s just not true. The fact is, the difference between the percentage of bets won by successful sports bettors and the percentage of bets won by chronic losers is relatively very small. We’ll ignore money line bets here for the sake of clarity, and address only those bets wherein the player must risk as much as 11 to win 10; – pointspreads and over/under bets. Against this type of bet, anyone at all can expect to win 50 percent. After all, the only thing required is to flip a coin and pick a side. The bookmakers’ profit comes from the diff
