assist them in making a profit<\/strong>. It is a commission charged for laying bets. The inclusion of vigorish is the primary strategy used by bookmakers to tilt the odds in favor and ensure they profit from every wager made on their platform.<\/p>\n\n\n\nTo conclude, sports betting is not a zero-sum game<\/strong> because betting in sports depends on the odds that the bookies provide. And regardless of the result of a sports event, bookmakers make sure that they gain a profit.<\/p>\n\n\n\nSports betting is not a zero-sum game since <\/em>winners of a specific outcome will get a different payout<\/em><\/strong> than the bettors who backed the opposite wagers. The way sports betting payouts work does not correspond to the zero-sum game definition, where it always produces a net gain of zero, with one party losing and one party winning.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Are sports betting a zero-sum game where the payout is equivalent to the total stakes? We answer that question by explaining sports bets.<\/p>\n","protected":false},"author":6,"featured_media":17080,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[16],"tags":[],"class_list":["post-16265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature.jpg","uagb_featured_image_src":{"full":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature.jpg",3000,1500,false],"thumbnail":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature-400x200.jpg",400,200,true],"medium":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature-800x400.jpg",800,400,true],"medium_large":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature-768x384.jpg",768,384,true],"large":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature-1600x800.jpg",1600,800,true],"1536x1536":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature-1536x768.jpg",1536,768,true],"2048x2048":["https:\/\/betvisa888.com\/wp-content\/uploads\/2022\/09\/Is-Sports-Betting-A-Zero-Sum-Game-Feature-2048x1024.jpg",2048,1024,true]},"uagb_author_info":{"display_name":"Julian","author_link":"https:\/\/betvisa888.com\/author\/julianespinosa\/"},"uagb_comment_info":0,"uagb_excerpt":"Are sports betting a zero-sum game where the payout is equivalent to the total stakes? We answer that question by explaining sports bets.","_links":{"self":[{"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/posts\/16265"}],"collection":[{"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/comments?post=16265"}],"version-history":[{"count":2,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/posts\/16265\/revisions"}],"predecessor-version":[{"id":17089,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/posts\/16265\/revisions\/17089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/media\/17080"}],"wp:attachment":[{"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/media?parent=16265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/categories?post=16265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betvisa888.com\/wp-json\/wp\/v2\/tags?post=16265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}