Analytics vs Intuition - 2024 betting stats show most "expert" bettors lose when betting their favorite sport

Man0fHonor

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Market analysis from leading bookmakers is making one thing clear - just knowing a sport isn’t enough to turn a profit in betting. in 2024, a staggering 85% of so-called "experts" who focused on their main sport ended up with losses. This shows that success in sports betting is about more than knowledge; it requires solid strategy, bankroll management, and sometimes even a bit of luck. Relying on expertise alone clearly isn’t cutting it anymore
 
Quarterly data shows correlation between sport expertise and overconfidence in betting
 
Trading background here. Sport knowledge helps spot opportunities but means nothing without proper bankroll management.
 
Update - new study confirms inverse correlation between years watching sport and betting ROI
 
Risk of ruin increases 40% when betting familiar sports. Data doesn't lie.
 
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