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?
Just to remind you that gambling relies on luck, while trading relies on strategies and skills. Of course, analysis is quite important in sports betting, but still, this never guarantees winning. In fact, we are putting our bets on our favorite team because we believe they could win, but guess what? Not all the time do they win.
It is simple: gambling should be treated differently for the reason that strategies give less while luck matters the most.