Gambling is not an Investment!

Gambling involves risking money, with uncertain outcomes that largely rely on chance. Unlike a long-term wealth-building strategy, gambling is a momentary win-or-lose endeavor.

Essentially, it is a high-risk activity with a negative expected return.

In comparison to financial investing, gamblers face unfavorable odds. A single poor bet can lead to significant losses.

Although professional sports gamblers may employ risk management strategies, such as analyzing players and teams or observing betting trends, the average gambler lacks effective loss protection.

While gambling can offer substantial rewards, these are typically short-lived and lack the stability associated with traditional investing.