How Often Do Gamblers Actually Win?

gamblingThe Wall Street Journal studied online gambling information and found that on any given day, people wagering had a 30% chance of hitting. That percentage drops to 11% the longer a person kept gambling. Of people gambling $5,000 or more dollars, losers outnumbered winners 128 to 1. Wait a minute, are these people trying to say that despite being “in it” you have little to no chance to “win it”?

Read more at wsj.com

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