sports

March 13, 2026

'If You Win One Penny, You’re in the Top 2 Percent of Bettors'

McKay Coppins on his experiment with sports gambling—and why it’s a losing game for nearly everyone

'If You Win One Penny, You’re in the Top 2 Percent of Bettors'

TL;DR

  • Sports gambling is often marketed as thrilling and potentially profitable.
  • For most individuals, sports betting results in financial losses.
  • Achieving profitability in sports betting is extremely difficult.
  • Even a small win can place a bettor among the top percentage of winners.

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