NYC Independent Traders and Investors Message Board › Sports Trading- Looking for investor £100k- UK Based
|A former member||
Before we compare sports betting and stock trading, lets learn the difference between the traditional gambler and the non traditional gambler (investor.) Be it sports betting, stock market, playing poker or any sort of gambling, the traditional gambler will be a long term loser because they gamble without edge and proper money management. These traditional bettors are usually degenerates, problem gamblers or "action junkies." A non traditional gambler (an investor) on the other hand is someone who only gambles (invests) with an edge and proper money management for long term success.
Sports betting attracts many traditional gamblers because of its simple nature and as a result traditional gamblers (long term losers) out number investors (long term winners.) Stock market on the other hand rarely attracts any traditional gamblers because of its complex structure and as a result investors out number traditional gamblers. We know that investors are long term winners relative to traditional gamblers who are losers. And that is exactly why many consider sports betting as gambling (high risk investment) and stock trading as investing (low risk gamble).
But if you look at sports betting and stock trading in terms of investors perspective only, sports betting is a much safer play because it is easy to manage, cheaper in the vig (commission) and much cheaper in the bankroll. Both are a form of gambling and the kicker with both is same--in order to be successful you need to be skillful, especially with money management AND finding the edge.
Sports betting is much easier to manage because most of the variables and information are publicly available and all you have to do is analyze everything to find the edge. Stock market on the other hand is more complex--monitoring the performance of companies is much harder than monitoring sports teams. There are too many unknown variables in the stock market that could affect the performance of your stocks. Often, these variables are not available to the public immediately and because of this it is really difficult to gain an edge unless you are an insider in the company or stock market. Insider trading is illegal but it is much more common than match fixing in sports betting.
When it comes to bankroll, sports betting wins hands down. Assuming you have the edge in sports betting and stock market, you are more likely to get much better return on your investment in sports betting than stock market. As mentioned before, professional sports investors do not bet any more than 2 to 3% of their bankroll in any bets. If you make all your bets at -110 (1.91) odds are fixed amount, you just need to hit 53% or better of your bets to make profit. At bettingresource we play -110 odds only when we play point spreads or totals--in most other occasions we play +ev bets with higher odds and this allows us to make profit even when we hit less than 50%. By betting 2 to 3% of the bankroll, a sports investor with a £10,000 bankroll can make bets in the volume of hundreds of thousands throughout the year. At bettingresource, we make 1000 to 1250 bets each year with our weekly picks and the ROI in these bets are about 10%--that is a £20,000 to £30,000 net profit for a £10,000 investor after a year. In order to make similar profit in the stock market, one would need over £100,000 bankroll. In addition to the big capital required, your investment is also exposed to devastating loses overnight in case of recession or stock market crash. Sports betting is the only investment that will not be affected during tough economic times.
Therefore, contrary to the popular belief, sports betting is a much safer play than stock market if you approach it with an investors perspective. However, sports investing and stock investing are viewed differently by government regulators. Governments around the globe encourage stock wagering, a nice respectable occupation in the eyes of most. Sports bettors, on the other hand, are shunned. They do not wear suits and ties. And in many cases, sports investors do not enjoy the support of the general public or the government regulatory bodies. Why? Taxes! We could write a whole new article on this topic but for now let us just state the fact that it is much easier for the government to milk taxes from stock investors than sports investors.
When you read about someone who loses money in the stock market they are always described as an investor who had some bad luck. When someone loses all their money betting on sports they are described as a degenerate who valued their addiction over their family. When you go to trade a stock you deal with a reputable company who helps you make an investment in your future. When you bet on sports you deal with a bookie named Johnny the Guido. When you earn money in the stock market you are described as a savvy investor and when you make a lot of money in the stock market you are the envy of your peers. When you make money gambling on sports you are still a degenerate on a lucky streak and when you make a ton of money betting on sports people say, “yeah, he may have a lot of money but how does he tell his kids what he does.
I know you could be thinking I just walked into Butchers and asked for a hammer; however the betting world and trading world are 95% (approx) full of MUGS (gamblers). Just the difference from someone who bets and someone who trades, is the betting people, tend to drink pints, smoke fags and read the Sun.. the trading people tend to read financial time, have degrees..They may look more intelligent, but they are mostly still more mugs by my definition of losing money.
So anyone interested in some kind of Jv please contact me, I can give you solid proof of my ability to generate excellent ROI
Bye for Now
Please note: All trading is conducted through http://www.betfair.co..., the funds will remain under the control of the INVESTOR- Not under my control, All I would need is power of attorney to trade the account for the Partnership, This is not a Scam!!
Edited by User 59,674,932 on Aug 24, 2012 3:33 AM