Submitted by rsteel on
We often draw comparisons to the similarities between the stock market and sports betting. There are many reasons in my opinion why sports betting is far superior to the stock market as an investment vehicle. The biggest reason is it is an even playing field for everyone.
Read the following quote from a successful Wall Street investor. “After making and losing millions of dollars I want to tell you it was never my THINKING that made the big money for me. It always was my SITTING.
The same applies to sports betting. People decide they want action they force bets they look for something to bet on. Then they come up with some reason to justify having an opinion about something where they should have no opinion. In other words there is no value. Then they lose.
In any game it is never so one sided. There are always risk factors even when you do find value on a particular side. There are always other people just as sharp taking the other side for their own handicapping reasons. That is how the marketplace works.
Watch wait be patient the opportunities will present themselves.