All this taken into consideration, if you actually break down the mechanics of sports betting vs stock trading, sports betting is actually much easier to manage and is a much safer investment. The same concept applies to both, if you're not skillful in your plays and you don't have the edge or mange your money properly, it will be a losing venture for you no matter who you are. After hearing this, many people ask how to find that edge and that's a wise question. In reference to sports betting, this is easy because the information is publicly available! Once you've accumulated the data and information, you just have to analyze it and make your move, it's simple as that.
In terms of the stock market, doing the same could be much more difficult because the monitoring process is much more difficult. This being said, there are also many more unknown variables that come into effect and are able to throw off your analysis. On top of this, most of these variables aren't made available to the public, so gaining that same edge is close to impossible unless you have a foot in the company or the stock market itself. This being said, insider trading is still illegal, but it actually happens much more often than match fixing does in sports betting.
If you take all we've been discussing and apply it to bankroll, sports betting wins once again. Look at it this way, if you were to get a big edge in sports betting or the same edge in the stock market, which would you pursue? The correct answer is the sports betting route because there's simply a much larger return to be made on your money. If you break down the way a sports betting investor manages their money, the will refrain from betting anything more than 2 or 3% of their bankroll on any one bet. This being said, if you apply this and only bet at -110 (1.91) the odds are a fixed amount and you only need to hit 53% or more of your bets in order to turn a profit for yourself. Applying this concept, if a sports investor has a $10,000 bankroll, they're able to make hundreds of thousands of bets per year. If someone were to make 1,000-1,250 bets a year with the ROI of each bet being 10%, then that's $20,000-$30,000 profit for only a $10,000 investment in only a year. If you were to try to make this same return in the stock market, you'd need $100,000 or more and then you're subject to the overnight drop-off that could occur based on how the economy plays out. If you think about it, sports betting is the only investment that is 100% un-effected during an economic change.
All this being said, the popular opinion that sports betting is extremely risky compared to stock market betting is actually quite untrue as long as you approach it with the perspective of investing. Before you get all excited about hearing this, you need to keep in mind that in the eyes of those around you, sports betting is looked down upon and stock trading is considered respectable. As you continue to move along in life, you'll often find opinions like this to be flip-flopped and it leaves you wondering if that myth was developed in order to cover up what's really profitable to those who don't take the time to dig deeper and research the topics for themselves. It's surely something to think about and it wouldn't surprise me if it was proven to be true!
For further information regarding where to bet on sports, please refer to our online sportsbook reviews.