They think because they have high level athletic skills that.............

somehow that transfers to high level mathematic skills?

The reasons that the general public loses is that on average they have no grasp of the true probabilities of an event taking place vs the odds they are offered by the market. (they dont understand value)

Ironically a lot of people understand value in the grocery market place.
If a tin of something is on sale for 30p which is normally 45p they stock up.
Obviously its easier to spot value in the grocery market place because you have a frame of reference.

The smart shopper compares the prices from one store to another and buys when he/she feels they are getting good value.

Sportsbetting is pretty much the same.

I am trying to buy a dollar bill for 95 cents. (quid for 95p)

Posted By: usacanary, Dec 15, 15:24:42