If there were a way to harness the growing popularity of sport around the world, and turn sports betting from purely a gambling activity into generating sustainable returns over time like equity trading, what would you do?
The concept of Sports Trading and the bridge that connects conventional sports betting with real stock trading has been developed.
This article contains generalizations because the nature of sport trading exchanges and their offerings can vary.
What is Sports Trading?
Sports trading is often confused with card trading, but it has a different meaning.
Sports trading is the act of buying virtual issues of sport (i.e. Sports teams, markets or players).
It is important to note that sports trading should not be confused with betting on sports (bets against the bookmakers) or any other fancy form of gambling. Sports trading follows the same investing principles as traditional stock exchange trading (e.g. Wall Street) permainan sukan 2up.
Fantasy Sports Games
-> Stock trading simulation games
Exchanges for sports betting
There are some similarities between a sports trading exchange and a standard.
Sport trading, although still a small industry compared to sports betting, is gaining in popularity. People from different backgrounds come together and trade virtual shares or contracts or even real ones for money, on sports-related markets offered by online exchanges.
The sports trading exchanges have developed sophisticated technology. They use proprietary platforms and, in many cases, a trading interface of Level II.
A global sports trading exchange is known to provide around-the clock (i.e. Trading is available 24/7 as members of the exchange are not restricted by trading hours or restrictions. They can trade at any time, anywhere in the world.
Sports Betting has many advantages
Sport trading offers the excitement of betting on sports, but without the inherent gambling risk that comes with sports betting.
There are a few notable differences between sport betting and trading on the exchanges.
Eliminates the “all or nothing” situation
Even if you lose an event, it is possible to still make money
-> Capital appreciation
Not only competing with professionals
Increased chance of success
You can invest with minimum effort
Sports trading removes the element of gambling associated with sports bets. Traders rarely lose their entire investment (i.e. They can trade to avoid further losses, but a sports bet loses the entire stake if they guess wrong.
Sports traders are not only competing against bookmakers who want to beat you more frequently. In sport trading exchanges, you will be competing against people to person interaction. You will gain an edge if you are able to learn how to use your wits.
The sports trader is able to sit back and passively monitor his investments once they have been made. However, sports bettors must wager each time in order to make any money, and so, take on greater risks with every bet.
2up Sports telah menyesuaikan diri dengan era web3 dan gelombang internet mudah alih, dengan menumpukan pada konsep kepribadian, kesehatan, gaya, popularitas, tren baru, serta konsep sosialisasi sepanjang hari bagi generasi muda tahun 00-an.