Stock investing or Sports betting

Discussion in 'Trade Journals & Stock Tips' started by JaydonTyler, May 28, 2014.

  1. JoshD1990

    JoshD1990 Active Member

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    Well it depends. Are you willing to exchange the possible poor performance or unexpected injuries of players and subsequent monetary loss for the thrill of the it? I am.
     
  2. Gelsemium

    Gelsemium Senior Investor

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    Exactly, it's a thrill, it's something you love doing, it's not a way to make money.
     
  3. Determined2014

    Determined2014 Guest

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    I look at it as long term or short term I look at sports betting as short term because it is instant within hours you know wher you stand, but with stocks it is all long term.
     
  4. dianethare

    dianethare Senior Investor

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    Well put....with that kind of advice, i 'd rather invest than gamble....unless am gambling for fun. :)
     
  5. al.palacios

    al.palacios Member

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    Do both. If you can. I've always enjoyed both, and really they are not as similar as many people make them out to be. That's what I like about doing both. It is the same idea but the execution and thought process is completely different from one and the other. I myself started of with sports betting as it was more accessible to mew at the time. Lately I've really haven't done much betting but will wager a nice sum from time to time.
     
  6. gekko41

    gekko41 Active Member

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    Agreed. Although I do bet on sports games, I use a low enough amount of capital so that I will not be hugely impacted if and when I lose.
     
  7. lei

    lei Member

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    True, it is faster. Even though it is basically based on patterns and other things you can tell it is also about luck. Even though a team might be playing bad so far this season, they might out of nowhere do good. I see that all the time.
     
  8. martinez

    martinez Active Member

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    I love sports betting very much most of the times I've placed bets I've ended up making double the money. For example the 2014 FIFA World cup I made $500 through betting.
     
  9. Rainman

    Rainman Senior Investor

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    With sports betting your chances of winning are 1:3. Occasionally you can be lucky and when you are sure a team will win and a lot of other people know the same thing, you won't make much cash. It's better to take measured risks with stocks. There's no guarantee that you'll consistently make money but if you've diversified your investments then obviously you'll be sure to make some cash. So for me, I'd choose stocks over gambling my money away.
     
  10. ReDGuNNeR

    ReDGuNNeR Member

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    Investment versus entertainment versus gambling. Sometimes, if you aren't practical you can confuse these concepts but they are wholly separate. If you are likening stock investment to the short wins/gains of sports betting, I say good luck LOL
     

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