One would assume that mug betting is exclusively the preserve of the uneducated gambler, the bettor who relies on luck and bets randomly. While sharp players and value bettors are hated and cast out, mug punters are welcomed with open arms. It is the lifeblood of the betting industry. Most punters will either walk into a betting shop or visit an online bookmaker and place a bet without any real thought.Įssentially, they are betting at random and hoping to get lucky. Realistically, most of the betting public place mug bets every day. He will consider different factors and form his own odds for the game, to decide whether the odds represent value or not.Ĭonversely, the mug punter doesn’t care about any of this, he isn’t interested in whether there is a greater or lesser chance of the home team winning than the odds suggest, he simply bets on the team because he thinks they will win, often simply because they are the favourites.ĭo this regularly and the only result will be money down the drain. They understand that betting odds are simply an expression of a percentage chance, and therefore, will ask the question as to whether the home team has as good a chance of winning as the bookmaker’s odds suggest. The value bettor will ask why the team is that price? Let’s say that in a football (soccer) match, the home team is odds-on to win at 8/11 (1.72). It is impossible to win long-term betting this way, and you’re likely to lose very quickly. There is zero chance of winning long-term if you’re betting on any type of virtual sports offered by a bookmaker, whether it be virtual football, virtual horse racing or virtual motor racing.

It’s probably fair to say that for both traditional bookies and online betting operators, mug punters make the world go round.Ī typical example of a mug bet would be a player who visits an online betting site to bet on virtual sports. As we all know, most punters aren’t lucky in the short term, which is why, somewhat unsurprisingly, bookmakers love a mug punter.

Most mug punters bet for fun, excitement and are hoping to strike it lucky in the short term. Mug bettors don’t rely on a system, they’re not thinking about profiting long term. Mug bets are placed regardless of the odds, and regardless of whether a bet represents value or not. These are bets that are placed at random, with little or no thought having gone into them. The typical punter, or mug punter as he/she is often known, places mug bets. Mug betting is gambling terminology for most of the ordinary bets placed. Who typically places mug bets? 1 Can mug bets be useful? 2 New to mug betting? 3 Helpful Tips 4 Does mug betting work? 5

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