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❓ASK Forex trading vs Sports betting, which is better?

K

Kennysplash

Guest
I have tried all aspects of sports betting and I have discovered that making reasonable profits from it is not easy at all. In the end if you are not careful, it can affects one's finances negatively.

I don't do forex trading for now, but I see many testimonies of people saying they make consistent profit from it. But it seems I would need more capital for Forex.

Are you into both? Which do you think is better?
 
I have tried all aspects of sports betting and I have discovered that making reasonable profits from it is not easy at all. In the end if you are not careful, it can affects one's finances negatively.

I don't do forex trading for now, but I see many testimonies of people saying they make consistent profit from it. But it seems I would need more capital for Forex.

Are you into both? Which do you think is better?
Forex trading is far more better than sport betting.
If you Know your way around forex you can make profit consistently unlike sports betting that the winner today can turn out to lose and most time fixed matches affect betting.
Forex is not seasonal like sports betting.
 
In my own opinion , If i was told to choose between sport betting and forex trading, i will rather go for sport betting than choosing forex trading, though forex trading is better only if you are good in the aspect of forex trading , I lost woefully when I went into forex trading , but at least least still do make profit in sport betting.
 
Forex trading is far better than sport betting because in forex you trade yourself using different strategies you have learnt overtime. Betting is just placing your stakes on teams who would determine your winnings or loss. You can monitor and control your activities in forex but you cant control games you stake on in betting.
 
I will prefer forex trading rather than going into sport betting forex trading is very reliable only if you know the right thing to do and how to do it because it involves analysis so if you make careful analysis then I think that you should go for forex trading than going into sport betting which is not .
 
Sports betting of course is better , because you can combine there some matches with low profit and double the money,which you bet , while on forex you need to atake a lot of cash in order to earn good amount.. I dont know much,but sport betting is perferred by myself.
 
If you are going to compare the both of them they are very difficult but ultimately I am going to the cryptocurrency. This is because the price always move in some kind of pattern and they are some ways that if you study if you can be able to predict where prices going to go at least for the short-term and that is the advantage.
 
Personally I do not engage in gambling because I know that is more risky than any others thing and rate of losing you money is 50%, at the same time I don't really know much about forex trading but what I understand is that forex trading can be profitable when you really understand how to trade perfectly. But in the other hand with gambling there is no one that can be a full expert as you only have to predict what will happen and the chance of losing will still be 50 , Go for forex, you can decide to pay for signals if you are not ready to trade
 
Forex trading is far better than sport betting because in forex you trade yourself using different strategies you have learnt overtime. Betting is just placing your stakes on teams who would determine your winnings or loss. You can monitor and control your activities in forex but you cant control games you stake on in betting.
Forex trading is always better than sport betting in the sense that if you know how to trade and your are good at reading chart , forex trading can make you a millionaire , but the possibility of making money in sport betting is very slim because sport betting has a very low probability of winning .
 
Forex trading is much better than sports betting. I have seen a lot of people who developed carriers in forex trading and I making consistent money with each. Forex trading depends on your level of knowledge and understanding of how it works and of course your level of risk management skill. Sports on the other hand depends mainly on luck and only a few people make consistent profit.
 
Forex trading is much better than sports betting. I have seen a lot of people who developed carriers in forex trading and I making consistent money with each. Forex trading depends on your level of knowledge and understanding of how it works and of course your level of risk management skill. Sports on the other hand depends mainly on luck and only a few people make consistent profit.
If you are good at reaching chart and have the knowledge about forex trading, forex trading is far better than sport betting , thou I tried forex trading after I have learnt about it for a month and i loose, but after getting a professional to teach me , I am gradually getting good at it.
 
Both are a gamble, but if you know about sports or forex, the gamble is less. I prefer sport betting, because it's not only win/lose or home/away betting..you can bet on a lot of things, and double money easy.
Wrong. Forex trading is not gambling and if you have proper knowledge and understanding of how it works, then you can definitely be making a whole lot of money from it. The main reason a lot of people see it as gambling is because they do not know how it properly works. A lot of people also see cryptocurrency trading as a gambling which is very wrong.
 
Wrong. Forex trading is not gambling and if you have proper knowledge and understanding of how it works, then you can definitely be making a whole lot of money from it. The main reason a lot of people see it as gambling is because they do not know how it properly works. A lot of people also see cryptocurrency trading as a gambling which is very wrong.
if you have proper knowledge and understanding of how it works,when you dont have this its not gamble❓
 
Personally I think forex trading is better, though some might classify forex and gambling or betting as the same thing but they are not. They both have some levels of risk. I have had some experience with forex trading and I know it's potential.
I can agree with you on this because forex still obey some analytical tests. That is, there's tendency that you may win if you follow all what you need to follow. But betting is not like this. It is more of game of luck which make it possible for the best punter to lose in betting.
 
if you have proper knowledge and understanding of how it works,when you dont have this its not gamble❓
Yeah, I know many people who makes a whole lot of money from forex trading and I can state categorically that forex trading is not gambling in anyway. When you talk about gambling then you should be talking about casinos and sports betting.
Anyone who does not have proper knowledge of cryptocurrency or forex trading is definitely gambling. So, what i mean in essence is knowledge is required to become successful in forex trading.
 
I can agree with you on this because forex still obey some analytical tests. That is, there's tendency that you may win if you follow all what you need to follow. But betting is not like this. It is more of game of luck which make it possible for the best punter to lose in betting.
Well said, I guess it's safe to say the major difference between both is the luck factor. In most cases betting has no real strategy, you are placed with two or more options and you are given an opportunity to choose, if you are lucky your choice would be the right one. But with forex trading, there are actually strategies to follow, even compound planning.
 
Are you going into forex because you failed in sport betting? I don't think this is a right step. Both forex and gambling has the same principles because they are almost similar, the only difference is that forex is more of professional analysis and it is globally legal and acceptable than sport betting. I will only advise you to study why you are losing in sport betting or you invest with what you can bear. Don't rush into forex before it is even riskier than sport betting.
Sorry I disagree with you on this,I can predict market movement in forex but I can't predict betting team scores,so can't relate forex and betting together
 
Without any second thought , i would prefer forex trading over sports betting. Sports betting sometimes is very horrible that the best completely go against your prediction and you only keep on getting long streak of losses , which happens to me almost all the time whenever I try to bet in sports. Forex trading has good strategies to make money , some people have made it their full time income source.
 

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