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Bettor
{{Wikify|date=August 2011}}
A '''Bettor''' is a person who makes [[Gambling|bets]] based on particular information, or [[feeling]], on sporting or other events in the hope of gaining financial [[Profit (accounting)|profit]].

==Types of bettors==
=== ''Low Vs. High-stake bettors'' ===
Low-stake bettors prefer to [[gamble]] safely. The common reason depicting this type of bettors is “My stake is so small I do not care if I lose”. High-stake bettors usually bet on a single [[Observable|event]]. High stake players are usually “[[macho]]” types, as they undervalue the risk of high potential losses.

=== ''Winning Vs. Losing bettors'' ===
A winning bettor is one who is on the winning side for a long period of time. A losing bettor is one who often loses.

=== ''Long-term Vs. Short-term bettors'' ===
Long term bettors prefer markets that develop throughout a long period of time (e.g. who will win English Premiership; who will get relegated from Series A).
Short-term bettors focus their attention on every single event in the betting pool.

==Synonyms and related terms==
'''Gambler, Punter, Wagerer'''

==Betting from a historical point of view==
(contracted; show full)

==References==
{{Reflist}}
* [http://www.infobettor.com/]: The Case of Football Betting: Being Informed Versus Being Lucky
* [http://www.ilo.org/]: Resolution concerning the revision of the International Standard Classification of Occupations, adopted by the Fourteenth International Conference of Labour Statisticians (October–November 1987)

[[Category:Gambling terminology]]