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Can Sports Betting be considered an investment?
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[QUOTE="eldavis, post: 233781"] Sports betting is not an investment, because there is no guarantee that you would definitely gain. Investment on the other hand, there is an expected result. You go into an investment with the expectations that you would get profit returns. Betting is simply taking your chances, or as some would call it trying your luck to see if the odds would be in your favour. Most people also tend to classify trading as gambling or betting as well, but the major difference between both is that with trading there are strategies and calculations needed. [/QUOTE]
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Can Sports Betting be considered an investment?
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