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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?
 
Anything betting isn't for me any longer. Those things though not scams outrightly because I have seen few person's win with sport betting but highly dependent on luck. So it still a form of gambling and it is money gulping you can lose so much money In a day with nothing to show for it. so for me I prefer forex trading though I'm being mentored now but forex trading is more realistic than sport betting that's highly risky.
 
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.
 
Both Forex Trading and Sports Betting Is Two Type of Gambling But I think Risk Factor Is More In Sportsbetting than Forex Trading.In Sports Betting Need Immence Knowledge What You are Doing In Sports Betting Other Wise Leads to Loss of all Stakes In One Bad Bet So I think Forex Trading Is Better Option If No Knowdge and Experience In Sports Betting
 
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.
 
Anything betting isn't for me any longer. Those things though not scams outrightly because I have seen few person's win with sport betting but highly dependent on luck. So it still a form of gambling and it is money gulping you can lose so much money In a day with nothing to show for it. so for me I prefer forex trading though I'm being mentored now but forex trading is more realistic than sport betting that's highly risky.
Exactly what I later resolved to do. I saw that gambling was taking me to another level financially so I decided to quit. Forex is no better too, I have heard different stories of people that are wrecked by Forex. If I could not make it in betting, how can I in forex? I eventually decided to let go and work hard for my own money, without the emotional trauma.
 
Sport betting is preferable as a lover of sport very well and through betting it increases my passion for it
Depending on de kind of person u are if u actually love sports u can use dat passion and fellow it up through betting and believe me you u have alot of wins
 
I've tried sports betting sometimes going with the odds and sometimes against, i think i won 30% of them i guess it really depends on luck, while in forex trading you really are the one controlling if either you get profit or not depending on how pong you wait in tour position sure there are also some luck in forex trading but is quite smaller compared to sports betting
 
Forex trade isn't easy either. The testimonies you are heard would be mostly from the YouTubers. You don't have to believe the YouTubers too much, because they have a way of exergerrating things with their sugar-coated words. However, you would be more successful in forex if you are lucky.
 
Forex trade isn't easy either. The testimonies you are heard would be mostly from the YouTubers. You don't have to believe the YouTubers too much, because they have a way of exergerrating things with their sugar-coated words. However, you would be more successful in forex if you are lucky.
Yes You Are Correct Forex Trading Is Not Easy But I think Sports Betting Is More Difficult Than Forex Trading If We Have Not Enough Knowledge In Sports.I Think Spots Betting Is Not Good Platform to Make Money Without Immence Knowledge In Sports.Some People Will Prefer ForexTrading Some Is Sports Betting.In My Opinion Forex Trading Is Sligtly Prefer Than Sports Betting
 
Right from time am not very enthusiastic about anything that has to do with gambling and I guess sport betting is just an example of it. Well, some time in the past I was actually pressured to bet on a particular game, it was actually a strong team vs a small team and anyone could swear that the strong team will win and when I placed the bet, the small team won the big team with seven goals ahead. That was when I swore not to go into anything gambling. Lol.
But I guess this is not the case with forex trading as proper knowledge about it will make you to definitely earn more money than you actually lose especially when there are several indicators that will help you with making the right decisions.
So yes, I think forex trading is better than sports betting in all aspects though.
 
I have tried both forex trading and sport betting and they are quite similar because of their unpredictable nature. Though I will still go with Forex Trading because there is every potential to become successful compared to sport betting, forex trading gives you the leverage to trade at anytime with less risk.
 
Forex trading is the most reliable of the two you mentioned and it is due to the fact that once you know what you are doing you will be able to realise a lot of profit not like so many people that just conclude that it is a complete risky adventure that they won't want to try and I believe those kind of people always saying it due to ignorance of what forex trading really entail.
 
in as much as Forex trading is very tactical, I still prefer it to sports betting. Trading on Forex is very risky and also highly unpredictable, this is the more reason before you venture into Forex trading you should be armed and technically skilled in the process of trading. You could also opt for options of employing the services of highly trained personnel and professionals. You could attend; Webinars, seminars and conferences through Zoom and have live interactions with experts. You should also make your own in-depth analysis and ultimately, you should discipline yourself to control the inherent nature of greed so as not to run at loss.
 
You should not even compare the two. Gambling most often than not relying purely on luck, not to mention many casino games are rigged, including sports betting. Forex is more complex, and while there are still many external factors that can throw your prediction off course, Forex is still more manageable than gambling.
 
To a very large extent forex trading is much more superior because the market can be predicted to some certain extent. You can also not lose all your money within a short time in forex trading but you can do that with sport betting. It is always advisable that you should be careful when doing any.
 
I have tried so many kind of sports betting in the past. But the general thing is that you do not have control about the outcome of any match and as such it is pretty much a gamble. I will prefer to trade forex because you can be able to stay longer with your money if you are a forex trader than when you are gambling.
 
Both can be good if you apply the right principles.

For forex trading I think the safest is to do "copy trading", which is just following professional traders automatically on platforms like eToro and ZuluTrade (the platforms open the same trades in your account). If you try to trade by yourself you will compete with trading robots doing hundreds of fast trades every minute and it is very difficult to succeed. Investing in one robot like that is expensive also.

For sports betting, I think the best analogy to forex trading is actually "sports trading" on exchange platforms like Betfair (or exbet.io if you don't have access to Betfair). Sports gambling is not a strategy, is just a way to lose money in the long run. With sports trading you can for example place a bet and then sell that bet later if the odds are better (like in forex "take profit") and also sell the bet if the odds are worse (like in forex "stop loss").

With sports trading you are not risking your whole stake like in sports gambling. It might also be safer than trading with leverage on forex.
 

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