Sports betting is risky as bettors lose money many times. Still, the industry is booming with several platforms emerging every day, and online bookies don’t deal in a single sport only anymore; they offer different disciplines to bet upon. Such a wide variety of sports bets to try leads to a question naturally, ‘which is …
Category: sports betting
How bookies retain customers and drive profits
Sports betting industry is quite big and it has several players minting money year after year. The real challenge lies in attracting customers and retaining them. According to statistical data available at Business of Apps, any bookmaking venture having more than 100 registered bettors, can make up to $1 million a year. What is the …
Why do gamblers lose money in betting?
Gambling is considered bad because it causes frequent losses. Only a handful of success stories are reported where they turned tables on the casinos or bookmakers. Bettors get addicted to it and lose sense of time and finance management and become bankrupt. But why is it that winning a bet is so uncommon? Let’s explore …