The thing is people will still be losing.
Being sharp and being smart are two totally different things. Even sharp guys that gamble will have losing days, and who is to say that all these so called sharp guys don't lose anyways? Urban legends and myths? This weeks big hit could get pissed away with next weeks loser. Who really knows? people can CLAIM to know alot of things, but actually knowing them is also a different story.
Gambers sharp or square, all have the same problem, and I posted about it on here months ago. They all have a total lack of vision. No matter if they are poker players, to horse players, to sports bettors. They all live in the here and now. If they lose in the morning "I HAVE TO GET IT BACK IN THE AFTERNOON" , if they are down Sunday then," I NEED A MONDAY NIHGHT GET EVEN PLAY". What is wrong with betting games that matter? Why play a game that has no value? Watch this Friday night. The UConn/BC game. I will say that 85-90% of the guys will bet that game. I will also say that maybe 5% have any clue about either team. I also say that there isn't anyway you can handicap that game from afundamental standpoint, because basically there isn't enough to go on. Both benefitted from numerous turnovers last game, and UConn stil almost lost SU as a 2 TD fave when Duke mmissed a FG late.
But it is that lack of foresight that does all gamblers in. I have played poker with a lot of the guys people see on TV. All supposedly the best card players around. Shit, more than half those guys don't have a pot to piss in. Moneymaker was dead ass busted at the 4 Queens touney last Sept.
So what people think, and what is reality are very different worlds. Gamblers are by nature risk takers, and if they aren't taking risks they are living the life. But over all they are also not getting too far ahead. Rather than take the winnings and do something with it, they generally just iss it all away again. Or they up their bet sizes, or play more games than they should. Who knows, it differs from player to player.
But the difference betwen the guys that profit and guys that lose isn't talent or 'sharpness', it is a plan. Those that win and ultimately have long term profits ALL have a plan, the rest all lose, and prettt much do not have a plan to speak of. They are always looking for the next game, the next action.
Ultimately that is why the books always come out ahead, because as long as they have enough money to outlast the players that get hot from time to time, and they are not gambling too much, they will always survive.
It takes either a very stupid person or a very greedy one to fail at booking bets. Because the degenerates always come back, win or lose, they always come back, and since no one wins every time, they will ultimately lose...
Unless they have a plan.