Why are there more losers than winners in gambling?

Published / by Denise R. Fitzgerald / Leave a Comment

losers and winners in gambling

There are a number of reasons for the existence of more losers than winners in gambling, but it mostly comes down to either math or a superstition with regard to winning and losing streaks. By understanding odds and rules, rather than relying on old superstitions, one can improve the odds of winning and lessen the chance of losing. Doing so will help many gamblers avoid losing money unnecessarily. (more…)