Re: Are sports betting winnings more like active or passive income, and why?
When we research online, we often find that gambling winnings are considered passive income because they rely on luck and don’t require continuous effort. However, I don’t consider gambling, especially sports betting, to be passive income. You know, professional gamblers put in significant work to analyze matches—they read news, collect data, create strategies, engage in discussions, and some even use AI to compare results...Well it's a whole process 
While luck is a factor (of course), the substantial effort and skill involved make sports betting distinct from typical passive income. Therefore, I believe that sports betting winnings should be classified as active income, similar to trading or commerce, which involve both risks and the potential for profit or loss, like in any business.
This is only my point of you... what do you think
While luck is a factor (of course), the substantial effort and skill involved make sports betting distinct from typical passive income. Therefore, I believe that sports betting winnings should be classified as active income, similar to trading or commerce, which involve both risks and the potential for profit or loss, like in any business.
This is only my point of you... what do you think
Gambling winnings are considered passive income because they rely on luck? This is the most stupid thing I've ever heard, normally passive income aren't based on any luck, you get paid for the job you done or the service you rendered.
Gambling itself is losing or winning, completely based on luck, how can something like this be called passive income? You will lose everything you have if you think that you can make passive income out of gambling.
Passive income is earning, gambling money is won, there is a difference, as for gambling you won't be winning every day, you will likely even lose more before you win.