ADVERTISEMENT

Sports Betting Article on Sports Betting WSJ

Orangetown

Lake Baikal
Gold Member
Dec 31, 2004
5,352
5,950
113
Interesting. Hold (winning) on single-game bets is about 5% for betting services. Parlays (multi-game bets) increase the hold rate to about 25% and increase the betting services rate of winning by 500%. Also, in-game betting increases the bettors engagement, which also can lead to more severe loses and could promote addiction. Not really news for gambling hobbyists, but good info for the novices.
 
ADVERTISEMENT

Latest posts

ADVERTISEMENT

Go Big.
Get Premium.

Join Rivals to access this premium section.

  • Say your piece in exclusive fan communities.
  • Unlock Premium news from the largest network of experts.
  • Dominate with stats, athlete data, Rivals250 rankings, and more.
Log in or subscribe today Go Back