Sportsbetting is not 50%

Just a little rant here from the worlds worst sports bettor. 

Lifelong loser I lose around $2k a month.

I always thought betting on a spread you had as 50% chance of winning.

How can I consistently lose 7-9 plays in a row, even 13 in a row? You would never lose a coin flip 9 times in a row.

Welcome to reality...now serving number 38

@Vegasweed

Once you realize there really are plays on -110 which are 54-55% win rate to earn 5% roi, you must also realize those opposite sides are 45-46% for a whopping -15% roi due to vig. 

If you are not working with models or don't have the right connections for high expected win rate, you will lose long term.  

Knowing a bet is going to return between 5% or cost you -15% long term is what sports betting is. 

Lost every play again today unreal.

I'm late on the rent the landlord came by and I had to hide. Came out after I thought Reds might come back. He left and I lost again.

It can be streaky, but I guarantee over the long term you will have some good streaks as well and it will even out at least closer to 50%.

Cheer up dude, try feeding hamburgers to stray dogs

Mutton

@Vegasweed

 Have you ever flipped a coin? I have thousands of times -  It's more likely, than not, to get 9 tails or 9 heads consecutively.

@Vegasweed

 Betting is more unexpected losses than wins that are a Lock . This year in the NBA contest i bet all the top % consensus picks both 

sides and totals . My final $ total   - 84,350 Ranked 3482 out of 3493 . I got off to a terrible start down 10,000 + after a few weeks

when every score was going way over the Totals and said the hell with it and went all consensus. But there were plenty who lost 70,000+

 I wonder what there methods were? Actual bookie betting i quit 20 years ago it's chasing a dream . . . the dream of the big score 

 it was always win a little  lose a little bit more then bet a little bit higher amounts and win a little lose even more . Vicious cycle??

52.5% is the magic number   
Find a baccarat table and get 50.5%