Between Betting and tradind, which is more risky?

[Omj1014]

I bet once in a while, and I have plans to start trading in the nearest future. so I don't have enough experience to know the answer to this topic, so I'm putting it out here...

Which is more risky, betting or trading?

[sleepfirefly]

I bet once in a while, and I have plans to start trading in the nearest future. so I don't have enough experience to know the answer to this topic, so I'm putting it out here...

Which is more risky, betting or trading?

both are risky both have unpredictable factors that are out of our control most of the time it also depends on your skills imo because some are really good at sports analysis maybe because they actually play the sport which helps but some may not be as techy so they might not be as good in trading

really subjective

[Owena]

Both betting and trading can wipe out your money quickly, but they differ fundamentally in risk profile, controllability, and expected long-term outcome. For the average person betting is far riskier. You are guaranteed to lose money in the long run because the game is rigged against you (negative expected value). Most recreational gamblers slowly bleed out or chase losses. For someone with no discipline. Highly-leveraged trading (crypto margin, options, forex) is often even worse than betting. People routinely blow up accounts in days with 50–100x leverage, turning trading into glorified gambling with worse odds than a casino. For a skilled, disciplined professional. Trading can have strongly positive expectancy and is one of the least risky ways to make money (top quantitative traders, market makers, and proprietary firms have Sharpe ratios >3 and tiny drawdowns). Professional sports bettors or poker players can also beat the game, but the edge is thinner and the barrier to entry is much higher than most people admit. Real-world data points is: 95–99% of retail sports bettors lose money long-term. 90–95% of retail day traders lose money (studies from Brazil, Taiwan, U.S. brokers’ own disclosures). And important to know. Professional prop trading firms and quant funds routinely return 15–50% annually with <10% drawdowns.

[LOVER BOY 422]

I bet once in a while, and I have plans to start trading in the nearest future. so I don't have enough experience to know the answer to this topic, so I'm putting it out here...

Which is more risky, betting or trading?

Both are so risky but depending on how you use your head and sense towards it ,they are too good to know because if you knows the update in trading you will always be useful to your self and your parents,and secondly betting is also a nice one but still risky if you knows what to do you will always excape risks