5 Types of Sports Bettors
In this article, we will show you what types of gamblers there are with the intention to recognize your type or realize you are not any of these types. The main thing is to set a specific goal that you want to achieve.
We don’t aim to offend to absolutely anyone. For us, all people are equal in this world and we respect each of the following profiles in the same way.
1. Entertainer
The first type is the most common and includes over 80% of all gamblers. This is a person who bets for entertainment without analyzing much. The favorite of bookmakers. He starts playing after seeing an attractive bonus or just an interesting game. He does not bet very regularly and when he does it most often he does not follow established criteria but acts on premonitions.
Some of these bettors are fans who like to play on their favorite teams.
In this profile, we also include those who take some time for analysis and are looking for many selections from which to make a combined bet, an Accumulator with a high odds. They almost always miss to guess one game and have excuses.
The distinguishing features of this group are that they often play under the influence of emotion and increase their bets to kill losses, which deprives them of long-term success.
In 99% of cases, they lose money on bets, and the remaining 1% win by luck. They lose for the reason that in order to win you have to find value in the odds, and publicly available information for everyone does not help to find value.
Many of them think they are making a profit, but they do not keep track of their bets and have no real idea of their actual results. (You will find a results tracking table HERE. Copy it to your browser and you will be able to edit and use it)
Some of them are just betting on the thrill, which is not a bad thing, but my advice is not to invest big sums.
2. Professional Gambler (Sharps)
Professional bettors are about 2% of all. They make a living from sports betting and spend their entire working day looking for value bets. European bookmakers quickly limit them, and when they place a bet in Asian houses, the lines change or the odds fall.
They do not put any emotions in the bets, do not pursue losses, and think long term. They specialize in a particular sport and league and usually have contacts with people around the teams that help them find inside information that is not available to bookmakers and thus make valuable bets.
3. Followers
The third type is followers, which we divide into two types:
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Smart (semi-professional) followers
About 5-10% of all bettors. These are people who are aware of value betting and realize how important this is for their betting portfolio. However, they prefer to pay tipsters and benefit from their experience and knowledge in the area. They can also be limited. This type of people are also known as semi-professionals or sports investors. They understand the concept of value well, but in most cases, they do not have time to do their own analysis and research. Many of them make good money. It should be mentioned that more and more people on the Internet claim to be profitable, but from our experience and knowledge, this is not the case and I recommend you watch our video for tipsters before you trust someone.
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Other followers
The other type of followers are not aware of value betting but believe that there are tipsters who will help them win. They trust many sites without statistics and those that promote bookmakers with the intention of users to lose because that’s how they win. They often fall for fraudsters and are naive.
4. Arbitrage bettors
We will not go into details about the next 2 types of bettors. The first plays Arbitrage, which is a way of betting in which you win indisputably, no matter what the outcome of the match. You probably guess quickly that they also get limited a lot.
5. Addicted to gambling
And the last type is of people addicted to gambling. Unfortunately, some have an unhealthy sports betting habits. They lose a lot of money through this activity and cannot stop betting. They often say that they stop betting (when they lose everything), but soon return to their passion. The most common path to addiction is when you are trying to recoup your losses, so I advise you never to pursue them because they are inevitable for every player.
Final words
Our advice to everyone who loves sports betting is to realize what type is he and set a goal that he wants to achieve with it. If you are a fan just have fun and don’t bet with big money.
Those who do not have time for analysis and want to improve their bets can view our statistics and services.
Good luck!
If we missed something, add it in the comments