Forex Trading Arbitrage
Why would u invest in the stock market when u can bet on sports?
seriously, the best traders make about 15% return a year,
while some people make the same return on a 3 hours tennis match betting on the favorite (federer)!!
besides, you pay no taxes on betting winnings and you really understand what you’re putting your money into, and the crowd expectations have no effect on the outcome (contrarily to the stock market where a rumor can make you lose money)
My question: why many people still invest on stock markets? how much do they really make? and do their return outweigh the brokerage fees???
n.b: while arbitrage opportunities on stock are almost inexistent (may last for a few seconds), they may occur on sports betting once in a while!!
thanks for your professional answers,
n.b: i have a great knowledge about options trading strategies and forex markets, so feel free to go technical!
by the way , I’m from France and lately, sports betting has become legal and there is no taxation on your gains!
Good question. I think skill and knowledge play a much larger roll in success in trading stocks than in sports betting. I view the stock market as having maybe 90% perfect information. The Western countries public companies are highly transparent – the more research you do and the more you know, you have a good chance to succeed. On the other hand, I think sports has about 50% perfect information. Since there are human beings involved, you don’t know if Roger Federer had a late night the evening before a big match, or in the US if Terrell Owens took his anti-depression medication that morning. Put it another way – when the Yankees and Rays place a baseball game, it is very difficult to predict the outcome – the exact same players on the field in four games may have four entirely different outcomes. In stocks that would not be the case.
I like the no tax on betting wins. In the US, you must declare winnings and can only offset that income with gambling losses.
EA Forex Trading Arbitrage System
