The Subconscious Link Between Sports Trading and Gambling

It is taken as read that anybody who has anything regarding probability, limits and craps bets is the bookmaker or a punter. There are varying degrees of gambler from the casual 먹튀검증 pound on the Grand National through the problem gambler putting their mortgage on a horse to the professional gambler who makes a gradual living from bet.

Professional bettors are a breed apart. They often times specialize in one area of bet alone, tennis matches or football or horses. To manufacture a living from bet full time takes dedication and determination. You must anticipate to spend hours of your energy studying form and establishing value. You must have the discipline to withstand long losing runs without breaking from your strategy.

On the other hand consider the professional sports broker who uses the bet transactions to top of the head a few ticks from an event. They often times have no familiarity with the underlying event. To them it’s just a numbers game, the costs go up and down and they buy low and sell high to manufacture a profit.

The big difference between a broker and a gambler is that a broker never lets a bet ride. They make trades then leave often spreading the potential profit over every outcome to ensure a return for their efforts.

So just why then is sports trading often confused with poker? Why do people look down on sports traders and yet often have an overabundance respect for oil futures traders or forex traders? There seems to be an subconscious link in the minds of the public in particular between sports and poker. This is probably understandable since it is not too many years ago that the only way to take advantage of sports long term was to take the professional gambler route and spend your life studying your chosen market.

The truth is that trading on sports is exactly the same as trading anything else. The costs move and traders take advantage of this. I believe that in the not too far away future more and more people are going to realise that there is a good living to be made from trading sports. As for me, well, I’m there already.

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