Sucker Bet Meaning – A Bad Bet With Very Unfavorable Odds
Last Updated: May 31, 2022
A sucker bet is a bad bet that’s unlikely to be profitable. To go a step further, it’s a bet in which the return doesn’t reflect the winning odds. It’s called this because only a sucker sports bettor (a square) could take such a bet.
For example, you bet on odds of 5.0 on an absolute underdog who has less than a ten percent winning chance. For this to be a smart bet and not a sucker one, your winning chances should be around twenty percent.