Mug

A mug refers to a type of betting punter who lacks an edge over a bookmaker when placing a bet. As a result of this, they are effectively waging their own asymmetrical knowledge against that of the bookmaker, who will invariably have access to greater information and thus set the odds in their favour.

 List of well known mugs: 

Lithuania

J West

Unibwin

James McKeown

Those lads off the Ladbrokes adverts

Lee Burkwood

Oil

SoccerPsychic

BritTurk

Euan

Joe

Rossy boy

Kerwin

German anons