Why most of people will never live from gambling?

Easy, because they bet for thrill their goal is not to win money at all costs, they want to bet everyday and bet on matches which are impossible to win in long run. For example. Oklahoma State vs Tulsa. They bet on it, because they were playing tonight. Enough said.

Seems like it was a great bet to make. Tulsa getting 10 and wins by a TD.

Seems like it was a great bet to make. Tulsa getting 10 and wins by a TD.

@Anthony7Flores

You have it completely wrong. Regular Joes lose because they don't understand odds.

Those who make a living off this all knew the way to make money was Tulsa ML. It was the only play on that game.

A parlay with Tulsa & Iowa paid +700 last night.

& it was easy money

Most people can’t make a living from gambling because the odds favor the house, and without strict discipline and bankroll management, losses outweigh wins.

former big time bookie matt bowyer said "less than 1% make money consistently". its always been like that. it makes me chuckle when people complain about how legalized gambling ruining sports, they claim its un-bettable now, as if they used to win consistently before. 

Let's not forget that winnings are taxable and losses cannot be deducted from income. Also, you need to understand math.

This is a large part of it. Many are addicts and can’t control themselves. They pay more to lose thinking they have an edge. Sad

Bunch of dad gum rocket scientists in this place. Yes most of us bet on games for the thrill. I’m surprised some of you have only recently realized this historic fact

Hey look another loser.

Because for most forms of gambling, the house or bookmaker has an edge over the long run. Even if someone has a good strategy or gets a lucky streak, consistently making enough profit to live from gambling is a completely different challenge.

There’s also variance and bankroll management to consider. A few bad results can have a major impact when gambling is your main source of income, and trying to chase losses can make things even worse. For most people, it’s much safer to treat gambling as entertainment rather than rely on it to pay the bills.