What type of earnings is more promising: betting or trading? Consider the pros and cons of two popular options for making a profit on the Internet: trading on the stock exchange and sports betting. As you know, investing is similar to sports in general, and investors have taught from the Indian Premier League. And IPL 2021 betting can be a nice role model for your financial investments.
The main investment principle is that money works for the investor, and does not gather dust in his closet. Money can be invested in bonds, real estate, business, stocks, precious metals and much more. They can also be invested in bets, but many will disagree with this statement. Betting involves a certain amount of risk, so people think that investing in them is the same as investing in a casino.
The main points of contact
There are quite a few varieties of sports betting, however, they all fall into the categories — simple single, simple multiple and complex multiple. Among simple bets, there are:
- single bet;
- handicap with a purchase;
- asian handicap;
Multiple bets — express and system — are different combinations of single bets. Complex multiple bets are various combinations of base bets.
Exchange trading is the implementation of trading operations for the purpose of making a profit, in which an internet broker is an intermediary. Today, there are three types of exchange markets:
- Commodity market — trading in various commodity and energy futures (grain, metals, gas, oil, etc.);
- Stock and bond market — trading in securities of various large companies;
- The foreign exchange market is divided into two types: options trading and the over-the-counter Forex market.
According to some data, about 80% of all transactions on the Forex market are speculative transactions aimed at profit from playing on the difference in exchange rates.
Profitability, terms and rules of the game
Betting is not pure excitement, since in this area there are certain strategies for making money based on analytics and forecasts. Earning money on sports betting has long become a professional occupation, where bettors get quite real money. However, for this, you need to place bets in the long term, and not from time to time: this way you can develop an effective strategy that will bring a relatively stable income.
The same is true for making money on the stock exchange: only long-term, systematic work and a verified strategy will bring results. Of course, a relatively quick enrichment is possible: the forex community is well aware of the stories of millionaires who earned their capital exclusively on currency trading. However, statistics show that only one in ten novice traders ultimately gains. Accordingly, the larger the deposit, the greater the profit.
In betting, the player uses the services of intermediaries — bookmakers, which are often compared with brokerage firms, but such a comparison is not entirely justified. The main task of the bookmaker is to correctly assess the chances of the outcome of any event and set the odds at which the bookmaker is more likely to remain in the black.
Almost all of the above is also true for trading on the exchange, which is an intermediary in trading. In the Forex market, these will be brokers. True, they do not need to develop a strategy for their enrichment: brokers earn by receiving a percentage of the transactions carried out through them. In betting, as in stock trading, you should study the essence of the process to the smallest detail, have up-to-date information and analytics, be able to develop your own strategy or be guided by successful bettors.