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Can Sports Betting be considered an investment?
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[QUOTE="Lens1000, post: 233756, member: 37726"] Sport betting is an investment and it is not an investment. It depends on the angle you want to look at it. If you are looking at it from the angle of an agent, then it is a business. If you are looking at it from the angle of stakers, it is definitely not an investment. An investment is a business that you put your money with the aim of making profits. Whenever your money is at stake I an investment, you will definitely expect an amount of money in return. It is very clear that investment is a money making venture where you put your money and obviously expecting something in return. It is also very clear that most of the online or offline investment comes with lots of risk, so also is the sport betting business. I am talking from experience because I was once a big time bet9ja agent with 6 betting shop in different locations. The business is no doubt a very lucrative business but the setbacks is that you should be able to manage it properly. At that time , I failed , all the my outlet closed an I lost millions of naira. I was working in a company then, so I just keep expanding the betting business without having enough time to manage it. The person that I entrust the business with, failed me. [/QUOTE]
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Can Sports Betting be considered an investment?
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