Originally posted by january:
what is the difference between betting in soccer and stocks market? are they the same?
...the difference is in the 'probability' of the success of your outcome and the 'payout' if you are right.
... in those games where the probability of a win is higher, the payout, compared to the bet is so low, it is not worth the bet. Because no matter how certain the results appear to be, there are always unforeseen circumstances and if you consider the payout in relation to the amount you bet, it is just a waste of time and you will lose, eventually (even if you win initially) with mathematical certainty.
... in the stock market... you can wait until the prices are in your favor to sell.... you wait until the results are in your favor..
In Soccer betting, your know the results of your bet after the game is over.... the result is forced on you...