The average age of sports betting is 31 years. This can be somewhat surprising to some people, because it is commonly believed that most bettors are in their twenties. Many would think that the younger they are when they start taking sports betting the better it will be for them. This is not always true. As an example, if you are young and inexperienced with betting, you may find that you lose more often than an experience older bettor would. So, while the younger ones may have less experience they are making more money and therefore there is a correlation between the age of betting and how much they win.
In general younger bettors have a higher percentage of wins than an older more experienced sports bettor. This is because younger bettors are more eager to try something new and different. It is also true that inexperience makes them more susceptible to different types of errors that more experienced bettors are able to avoid.
But it is not just an age difference that has a bearing on winning. Experience is still an important factor. Younger bettors may not know much about the sport or the betting process, so they won’t know how to make a bet that will increase their winnings. An experienced bettor on the other hand will be aware of the betting odds, and will have already read about the game or the players’ tendencies. He will also be able to use his knowledge of statistics and past performances to form an intelligent bet.
In addition to the above, there is the matter of education. For example, a person who doesn’t know much about sports will be unable to evaluate the value of a player’s performance. They won’t know when a player’s performance is good or bad. They won’t know which player is hot or cold, and they won’t know how to price a game. Most bettors need years of experience in order to be able to make these decisions.
In most cases, the younger bettors are more susceptible to the “tells” that can signal when a sport is about to turn. This is why the oldsters prefer betting on older sports such as football and baseball. On the other hand, younger bettors are more likely to be drawn into the daily hype of sports. When you see a great player playing for his national team, you’ll be tempted to bet on that player for your team. The problem with this strategy is that often times, bettors are stuck with the team and the player, not the combination of the two.
Sports betting takes a lot of research, experience, and luck. So don’t expect to hit the jackpot straight away. In fact, even experienced bettors have to keep learning about the game and the sports’ trends. And if luck is on your side and you win on the first bet, don’t get greedy and bet for the next one right away. Gambling should be a fun experience, not a worrisome one.