Cheaper than stock trading, sports betting is a much easier option for managing an investment. Both, require strong money management and the patience to wait until you find a unique edge.

 

Take a look at this comparison to see how they compare.

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1.  Access to information

The majority of the information needed to bet on sport, is publicly available so with careful analysis, it is possible to find the edge. Read more about our service here. In contrast, investing in the stock market requires careful monitoring of companies and variables, which is much more complicated, as well as the fact that it takes a lot of work to find relevant information.

 

2. Bankroll

 It is much easier to make a profit from sports betting. When betting on sports, you can take a relatively small bankroll of 5% and still make a good profit. For example, if you make all your bets at -110 (1.91) odds are a fixed amount, you only need to meet 53% or more of your bets to make a profit. You would need to have a much bigger bankroll to do the same in the stock market. Additionally, on the stock market there are the added risks of stock market crashes and recession.

 

3. Fees

Stock trading involves many different fees. Trade fees are paid when you both buy and sell  each stock, as well as, bid and ask fees which are constantly changing. Further, there are also other hidden fees and commissions that you may be charged. When you place a sport bet, on the other hand, with a reliable source you won’t have any transaction fees on deposits or withdrawals.

 

Thus, if you want to start investing your money, although similar, sports betting is a much simpler and transparent than stock trading.

 

Continue to read the next Article : Do Sports Betting Systems Work?