Is there any money to be made in sports betting? I mean, we all think there is, right? We all have our systems. But the problem is that we small fish are essentially trying to day trade against Wall Street trading houses. A really bad investor is making 5% a year when the market's up 10%. That's still you're still making money. You can eking out those few percentages as a sports gambler if you're great.
A survey from Lending Tree found that a majority of Americans thought investing was just as risky as gambling. And sure, the stock market can be a casino, but it doesn’t have to be. Anand Chokkavelu and Ricky Mulvey discuss:
- The lines between gambling and investing, and when they get blurry. - Games that Wall Street traders play. - Positive sum, negative sum games, and how to know the difference. - How Uncle Sam helps investors more than gamblers. Host: Ricky Mulvey Guest: Anand Chokkavelu Engineer: Dan Boyd
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