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ISNT [SPORTS] TRADING JUST ANOTHER FORM OF GAMBLING?

April 26, 2017form gambling trading

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ISNT [SPORTS] TRADING JUST ANOTHER FORM OF GAMBLING?

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Any form of investment carries risk (loss of capital) and therefore can be regarded as a gamble to some degree. Gambling by definition is the act or undertaking of placing a bet or wager on an uncertain outcome in the hope that the risk taken yields an advantage or benefit. By investing in sports teams (over a long term basis) rather than wagering on a single event, risk is greatly reduced and therefore can not be considered gambling.