I have been reading through many of the topics on gambling and based on my knowledge of trading I had to think of something that if people treat gambling the way they treat trading will that increase their chances of success? For instance, will chances of success increase if people choose to bet on specific outcomes in the game as the game is on rather than the result of the whole game as many gamblers usually target. I think it will be easier to guess some specific outcomes in a game when you see how the game is progressing. What do you think of this?
It could be useful in sports betting, but not in a casino where you have to contend with the house edge.
Yes, maybe you're right.
But I think it will remain just as unpredictable as trading, and there's no guaranteed profit in it.
If you treat gambling as a source of income, then you're making a mistake.
Gambling should be viewed as a form of entertainment or a way to alleviate boredom, not merely as a pursuit for profit or a source of income like trading.
Both are risky, but you can't compare them directly, it seems like you're comparing apples and oranges in that regard.