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
Unless you have somehow constructed an AI program to automatically find and place bets for you, then it could only really be defined as an active income. Sure, if you are good at it and have found a viable strategy you might be able to do it from the comfort of your own home with relative ease, but it still requires you to interact with the bookmaker and place the bets. Just a reminder that most bookmakers will have terms and conditions that restrict you from using automated bots to place bets, because that can lead to major abuse or distortion of markets. If you are found using these devices your account will be closed and they definitely have the means to track down these sort of programs.