Much More Money To Be Made In Stock Market Vs Sports

[jjgold]

Sports is chump change

[HotStreak]

Do you have any promising stock picks?

[floridagolfer]

Sports is chump change

Yeah, go ask those people how good that Enron stock turned out. Or AIG. Or GM. Wachovia. Or . . .

[head_strong]

What he is trying to say is, he sees an opportunity to lose less money in the stock market then he does betting on sports.

[Nicky Santoro]

NO WAY

everyone i know who played the stock market went broke. oh wait a sec, everyone i know that bet sports went broke, too.

but sports is still way better than stocks..

[Fishhead]

I'm probably one of the very few individuals in the Unitied States that has made over 100,000 lifetime through sportsbetting and lost over 50,000 in the stock market.

[SPECULATOR 13]

Sports is chump change

You got that right JJ,and it is becoming more and more difficult to even open a account for crying out loud.Let alone to try to lay some serious cash without all sort of aggravation in trying to collect your winnings when books are sending small checks after small checks for weeks if not months after a you ask for a withdraw.
Buying and trading stocks in this upside down market is a waste of time IMO,pattern day trading or E-Mini Index day trading is the way to go.Unfortunately it cost a arm and a leg to get into,unless you margin/leverage and that in my book is a big no-no!!

[SBR_John]

By the time you learn exactly how to invest in stocks and options and bonds you are wayyy down. I was a lifetime loser in the markets for my 1st 20 years playing them. I only was able to shake that tag because I deal with a little larger numbers now.

My advice; only invest in large companies that dominate and have almost zero debt. Never buy a stock you dont plan to hold for at least 5 years, much better if its 10. Examples would be Amazon, Google, **********, Starbucks, IBM, Goldman Sachs.

[themajormt]

I emptied $5k in savings and bought Ford at $1.60 a few months ago and am still holding... My FIRST time buying stocks... Only 26... Trying to figure out when to sell though...

[jjgold]

If you buy big companies and hold vs betting sports their is no comparison . It us very difficult to lose money long term in market and in sports long term betting you have a 98% loss rate.

[MartinBlank]

There has NEVER been a sports gambler who has made the money that an average Hedge Fund Manager pulls down.

A middle of the road hedge fund manager can earn 9 figures.

Name me sports player that can get close to that without hitting the Powerball?

[SBR_John]

I emptied $5k in savings and bought Ford at $1.60 a few months ago and am still holding... My FIRST time buying stocks... Only 26... Trying to figure out when to sell though...

I jumped in at 1.9 and out at 2.2. You did a lot better than me. Still, F is an example of what I would NOT buy. They have more debt than the company is worth so basically the shares(equity in the company) are worthless. Buy companies whose shares are valuable. There are plenty out there. Companies with zero debt and a lot of cash and a business model that is basically a monopoly like Microsoft or IBM. These companies elect folks and get laws changed if needed. These are the ones you want to bet on.

[paco]

Buy into LVS(lasVegasSands). It will continue to grow

[floridagolfer]

I emptied $5k in savings and bought Ford at $1.60 a few months ago and am still holding... My FIRST time buying stocks... Only 26... Trying to figure out when to sell though...

Rule 1: Don't get greedy.

That'll come back and bite you in the ass every time.

[jjgold]

I think there is more skill to the market and trends do hold up for the most part vs sports where they do not.

[ABEHONEST]

Wild sports world of today !

Sports betting now, just may be the biggest challenge on the Planet !

Twenty years ago it ,if you were a smart hustler,Sports betting was a ginuine way to make some quick bucks,and consistently too ,if you were disciplined and patient ?

Well,I wasn't either of those last two,yet I still did rather well .
In this modern era of computers, gambling,is an almost a 100% different ballgame .
It takes more discipline now, and a more precise detail of the Sport you are following to crack into the winner's circle consistently ,trying desperately, to keep those "Hungry Hounds" at bay .[The juice, and the crooked stiffs]

I don't follow the Stock Market !
Too boring for me.I like the tumultuous challenge of Sports wagering .

I like the idea that ,you are not supposed to win !
You,the gambler,the chance taker,with all the odds built against you ,are supposed to LOSE, and LOSE consistently .
Lose,because of the odds against you,the unknown factors,such as luck,sickness,injuries, and that other "little killer",secretly known as, "EGO".

The EGO, that is so emotionally involved with your favorite team ,or,your favorite player .

And many of these Books do about all they can ,in my opinion,like 5Dimes,to stack the deck even harder against you !
Little tricks they are able to use to defense you ,if,you are not on their list of SUCKERS !

I have enough money to live comfortably at present ,so,losing a few thousand will not interrupt my life with any disastrous effects .

I want the Books money BAD,and I willing to take that great challenge for it !

So,in a few months we will see how "we" have fared ,the "Hungry Hounds"and the "poor little underdog bettor !"