Home Latest Perspective | Sports betting ads make winning look easy. Most people lose.

Perspective | Sports betting ads make winning look easy. Most people lose.

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Perspective | Sports betting ads make winning look easy. Most people lose.

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Last Sunday, the Washington Football Team (WFT) played the Buffalo Bills. The “betting line” before the game was that the Bills were favored to beat the WFT by seven points. That means if a gambler bet on the Bills, the Bills had to win the game by more than seven points. The Bills beat the WFT by 22 points (43-21), so anyone who bet on the Bills won. The folks who bet on the WFT, however, lost money.

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