Sports betting has come of age in the United States (though it has always been around). It has rapidly gained popularity among people in various age groups and is as legitimate as playing the stock market, following many of its principles. However, a few people continue to mistakenly assume that betting on sports is illegal in the U.S.
This is not true at all. Betting on sports is legal in some states in the U.S. Last year, the Supreme Court legalized sports betting by striking down a federal law which prohibited people from betting on football, baseball, basketball, and various other sports.
Sports betting can be as exciting, analytical, and rewarding as investing in the stock market because the nature of risk involved is quite similar. In addition, knowledge and experience matters in both arenas to make money.
How is Sports Betting Similar to Stock Market Investing?
Betting on Sports
You place a bet on a particular outcome (win/loss of a particular team or the performance of a particular player, and so on). If it happens, you get your money back, along with the winnings. The amount of winnings depends on the odds. If the team or player you bet on is a huge underdog, you stand to win a lot of money.
If, on the other hand, the outcome you bet on does not happen, you lose your money.
Investing in the Stock Market
You invest a certain amount of money in a company’s stock. If the company performs well, then the public will likely value that company’s stock at a higher price. As more investors buy into that stock, the stock price will increase in value, and you’ll earn a profit on your investment. The amount of profit you earn depends on how much higher the stock price increases from the price where you purchased it at.
If, on the other hand, the company does not perform well, then the public’s confidence in that company will likely wane. This will compel many investors to sell off the stock, leading to a decrease in the stock price. In this case, you lose money. The extent of the loss is dependant on how much lower the stock price decreases from the price where you purchased it at.
Now, as you can see, there are similarities between sports betting and stock market investing. In both cases, you bet or invest your money based on an outcome with many variables that are outside of your control. Your actions do not have any impact on a company’s performance, just as they do not have any impact on a team or player’s performance. In both bases, you’re also looking to get in (buy into a stock or wager on a game) when it is undervalued as a way to capitalize on it when the market corrects itself.
How to Increase Your Chances of Winning Sports Wagers?
Just like there are stock market analysts and investment gurus who can help you pick the right stocks, there are sports handicappers who can help you win your sports bets. One such handicapper is The Whale, who is considered the most successful sports bettor in the history of Nevada.
Betting on sports is an art as well as a science. It requires the ability to analyze a huge volume of data, recognize patterns, and make informed decisions. You have to figure out what type of wager is likely to make you more money, which team you should bet on, how much money you should bet, when to increase your stakes, when to decrease your stakes, when to withdraw safely, and much more.
This is precisely why you need the guidance of an experienced sports handicapper.
For Winning Bets, Have The Whale by Your Side
Most people who lose money on sports betting do not have anyone – certainly not someone as good as The Whale – to guide them. So they make uninformed decisions and lose money as a result.
With The Whale by your side, you can start finally start putting the odds on your side, and win on your bets with confidence. When you associate with The Whale, you get to benefit from more than 30 years of professional handicapping experience and winning results.
Text YES to +1 (702) 462-1135 to start winning more money from wagering on sports.