I know there are bettors here who dream of investing in sports betting and hoping to consistently make money from it.
So it's like this, first I was involved in gambling and betting in sports betting, I thought there was a better alternative way to make extra money in investment every year, namely on sports betting, of course it was adjusted to the capital we hadhave.
But after I discovered the difference between investing and sports betting, as one of the sources below said, who said.
There are many differences between sports betting and investing in the literal sense. For example, that this very special type of betting is based primarily on odds and not on product analysis or savings models. Therefore, it has to do more than other types of games that are part of fun, leisure or even entertainment. No wonder, in this segment there is no valuation or even price training. Only the variation in sports betting costs is a factor in the player's profitability rests with the bettor.
So I compare that this activity cannot be understood as an investment, it is all more focused on one of the game factors.
For that I have the answer.
1. No, maybe $50 I hesitate to do.
2. Never and nothing.
3. Never do it.