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
If you are an avid fan of sports games for sure you will understand how players and teams play on the field. Of course, you want to take a try at how far they can go and trust their skills other bettors do the same thing. Hence, they keep doing a bet to try out their knowledge on the particular sports they chosen to place a bet, I don't consider gambling as a work that gives you instant money and passive income. Still, you can use your knowledge and skills to win the game and earn extra money at all.