Bet9ja vs Forex

[Brainiac01]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

[promise444c5]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

There's no comparison between both at all, it's because of how people lose a lot of capital while trading made people started some outrageous comparison between FX and this so called games betting generally (either  sport or any form of betting).

You need to understand  the fact that gambling means having a false hope on an outcome of an event  while Fx is a general  prediction on how markets (Fiat, synthetic, crypto or any form of digital currency) moves.

People fail under Forex because they lack proper knowledge on what they are to invest on, I won't go into talking more about FX but try to understand this, either you know Technical analysis or Fundamental analysis  you need to understand you are dealing with future events , this is why brokers supports alot of tools to use some even provide funds leveraging.
Thus your trading App support alot of tools which you can use to avoid loosing all your funds, this are not even the main reason why people lose in FX the main reason is they don't trade according to their capital and they tend to feel like FX is some kind of get rich quickly syndrome. Fine, we all have story to tell but with time people mad3 it alot from learning process.

To avoid losing in FX you need to learn from your mistakes to improve  and never get to use robots or copy  trading as a beginner.

With all these, can you still compare Gambling  to FX  . Laast I check, you only need to pick odds and hope for a win in gambling  

[DaNNy001]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

My brother the two from one sense na actually same but the difference is that one is more hype to thinking that you can actually make a living out of it while the other one na purely luck business. For me the two of can be related to luck and stats, although many people believe say you fit use same stats follow up gambling but my brother I tell it's not easy and I would advise sef for anyone wey no get watin dey give am money to actually avoid this method because these two things need proper and strick income because you fit turn addict if you say you wan carry for head.

[knowngunman]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

You dey wrong for comparing this two because dem both involve risk no make dem the same thing. You Sabi forex? How about gambling? If you sabi both of them, dem no need to tell you their differences. E sure me say you no sabi dem sef cux no be bet9ja you suppose use for your topic but rather gambling instead.

Although, both of them get risk wey go make person lose his money but the difference between forex and gambling dey obvious. This two things wey you dey compare dey work differently because first of all, forex trading na legit business but gambling na for entertainment.

Forex na some thing wey you go use your knowledge and the skill you have to execute but gambling na based on luck. Na why people dey pay for forex class and tutorials to learn but you don ever see person dey pay to learn gambling before? I'm very sure, you never see. The thing be say make you no put body for any of this two if your mind no strong because e fit make you regret the day wey dem born you. I don try the both before and I know how dangerous they can be but forex is more reliable if you go fit take your time to learn very well about it.

[Cryptomultiplier]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

My brother the two from one sense na actually same but the difference is that one is more hype to thinking that you can actually make a living out of it while the other one na purely luck business. For me the two of can be related to luck and stats, although many people believe say you fit use same stats follow up gambling but my brother I tell it's not easy and I would advise sef for anyone wey no get watin dey give am money to actually avoid this method because these two things need proper and strick income because you fit turn addict if you say you wan carry for head.

I understood the point you are trying to make and the bottom line is that, both of them involves the player or the trader to have had some kind of experience at losing.
Both may involve heavy emotional burden mostly when one is making losses more frequently than winning.

One candid advice that is always given and that affects both Bet9ja and forex traders is to never use the money one cannot afford to loose to bet or gamble or trade forex.  Also, when the winnings start rolling in, please keep some aside as profit or payment to oneself for a job well done after taking such risk.

[Charles-Tim]

It is worth knowing that Bet9ja is not gambling but a gambling site located in Nigeria.

From my own side I go talk say the two of them na actually prediction

Trading means buying and selling. Gambling is the prediction of games or matches.

In Forex, although you will predict but you buy and sell. Traders will want to buy at lower price and sell at higher price. Or when they know the market is going down, they open a short position. When they also predict the market is going up, they open a long position. That is not the same as gambling.

But some people call trading as gambling because of the risks. Trading is as risky as gambling. But how you use them to make money is different. Gambling do not requires indicators and technical analyses but trading does.

[Antotena]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

If you concluded that bet9ja, sportybet or gambling in general is the same thing as forex, then I will assume you don't know forex or you know gambling but don't understand what forex trading is all about.

Gambling is making predictions with a platform and with this predictions it comes with a stake and that stake is what you lose to get what you expect. If you stake something, it gives you or gives nothing, you can stake your house for example that bitcoin will reach $50k before the end of this week but know that your house has become more like a collateral stake that will give you more than what your house worth. If bitcoin price reach the amount agreed, you will be return a heavy amount of money that can give you 20 times the value of your house by the company you stake the house with but if bitcoin fail to reach that price, you are going to lose your house.

Similarly forex is just like trading, you buy an assets with hope in mind that the price is going to appreciate later in the future. Just like I use a house as example, I will do the same here. If you decide to buy a house today for instance for $50k and you an to resell it in the future for 2 time the money you used to buy it and after some years, it yield more than that amount, the you get more profit from your investment but if some unforseen circumstances happen, the price may fall below what you bought it but if don't sell, you haven't really loss. What you have in that moment is unrealised loss, you can still hold until when the price appreciate again to make your capital and profits, this is what gambling doesn't give you.

However, forex has option of trading that looks like gambling which is margin trading, that's what most people does in forex and because they know nothing about it, they lose their trading funds most of the time.
Margin is like betting that price of an assets will appreciate later in the future, it's like a contract between two people that something will happen and this between two opposite traders, one is betting that it will go up and the other is betting that it will come down. Any of them that happened later is who will win and the other person with opposite predictions for home with nothing, that's basically how margin works. Gambling and trading is never the same.

[Obim34]

In terms of comparing both is base on the risk factor, i am not into forex trading but i know for sure there is high risk involved due to not certainty if the price will go up or down, its very hard to predict the outcome of something that is about to happen.

Comparing both i think the bet9ja will be much preferable, may be cos i don't know stuffs about the forex but one can easily predict a match between both teams, especially when a bigger team and a smaller team are playing, the points there can be clear.

[Mr.suevie]

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Comparing both i think the bet9ja will be much preferable, may be cos i don't know stuffs about the forex but one can easily predict a match between both teams, especially when a bigger team and a smaller team are playing, the points there can be clear.

Thank God you said maybe it's because you don't know stuffs about forex because for me I think forex trading is actually more better because of the probability ratio whereby gambling is luck base for me the difference between the two is that one of them you can actually calculate the outcome and work on it but that's only if you have studies and carefully understood the pattern to which it takes but for betting, it's more difficult to predict because even if you check the stats of the teams you still won't be assured of a correct result because of the luck factor that is in place in the sport.

[Obim34]

Thank God you said maybe it's because you don't know stuffs about forex because for me I think forex trading is actually more better because of the probability ratio whereby gambling is luck base for me the difference between the two is that one of them you can actually calculate the outcome and work on it but that's only if you have studies and carefully understood the pattern to which it takes but for betting, it's more difficult to predict because even if you check the stats of the teams you still won't be assured of a correct result because of the luck factor that is in place in the sport.

People who often lose a lot in betting are those who prefer using little amount to stake games just to win millions. Some people might carry on 30 games on their slip with a bet of 1k, among his predictions just few will cut the game.
Imagine If he should carefully pick just 2 games having total of 2 odds then staking with 500k that's automatically a 1M win.
Betting is total risk, you take the risk to make profits same with forex, heard how some people lost 1k$ in an instant while doing forex.

[KupaCrypto]

Bet9ja and forex Na two different platforms with entirely different activities, bet9ja they very easy pass forex , though predictions they Both of them, bet9ja Na purely game of luck, whereas forex Na combination of information, analysis and little bit of luck,  forex trading needs patience and serious analysis but make I tell u, no matter how u analysis man united vs crystal palace e no go stop man united from loosing to crystal palace, forex if u no dey too greedy you fit dey cash out small small, you fit still manage your risk for forex with the use of stop loss, but bet9ja e no dey possible to manage your risk, tho they both include prediction but they are different platforms with different activities entirely.

[Dzwaafu11]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

E be like say you no know wetin be forex trading, because if you do, you no go compare am with gambling. However e clear say trading no be the same thing with gambling Abi you no know? E be like say you no know, if you know you no go compare gambling with forex.

Forex wey I they mingle with people wey learn am, those guys they even pay so that person go they teach them forex trading, if e no legit they no go learn or if they no see people they make money from there they no go learn am too nah. But for gambling me I never see anybody wey wan learn gambling before for my life, gambling na something wey you go just enter betting shop and decide which club go win and then that is all. But for forex I assure you say you go loose everything wey you Carry go if you wan try that kind thing, so make you know say forex na something wey someone go apply him own knowledge wey him go learn, some technical analysis before they fit do forex trading no be like gambling wey you go just do and commot.

[Makus]

Actually to speak the truth, the both of dem na just gambling, just that for forex trade e dey  reputable unlike normal bet9ja gambling. Wattin I mean be say, for the eye of any person, dem go tell you say you fit take forex trading as work. Yes I don see plenty person wey na forex trading Dem take dey feed themselves and family. Person wey dey do forex get good reputation pass person wey Dem know as gambler. So you fit bolding tell person say you be stock investor or forex trader than to say you gambler.

[Stable090]

People who often lose a lot in betting are those who prefer using little amount to stake games just to win millions. Some people might carry on 30 games on their slip with a bet of 1k, among his predictions just few will cut the game.

Na people wey wan use small money win jackpot dey do things like that, and they will find it difficult to win, the higher your odds, the higher your chances of losing, but if you select just small odd, then you go easily win money even if the money no go plenty like that. I don see plenty people wey go carry like 20 games, dey go come put 100 naira or 200 naira on top, hoping to win one mad mine like that, abeg how game like that go come, you go definitely see Wetin go spoil your ticket for you, but na Wetin most people dey do for naija be that. even if peoples dey win, no be always, and na few people go dey get that luck.

[Wiwo]

How can we compare what you hold a commodity for and what you have zero commodity for?

In trading you are engaged in buying and selling and exchange of commodity and you either decide when to sell or hold your asset and when to even visit the trading market.

But gambling is just a game of chances and you don't control the timing once you place your bet,  is either you lose or you win,  there is nothing like holding your bet for sometime, no the timing is counting and once exusted, the result will determine what you will walk away with at the end of the day.

So both of them are in comparable and have clear differences and calls of purpose if you truly understand them both.

[I_Anime]

Lol Eheheh both are not similar though but both have great risks attached to it. Like forex when you have trivial knowledge about it u think yah trading but you actually gambling because by luck the market chart will move for your Favour because you don't know what you doing I will call that blind trding, but if you good and know the in and out and how to manage risks in forex. Then I will say you good to go your winning will be more than your losses. While for betting is prediction still but you also need luck, if you think yah beast in predicting but you have no luck you will find it difficult to make a win. Though betting most also bring good earning expecially when you hit the jackpot bit with no principal there's a high chances you end up losing it. So both are not actually easy but for me forex is easy to manage than betting.

[DubemIfedigbo001]

Firstly, I was thinking that this topic needs to be moved to the gambling board, cos that's where it fits and not here, but on a second thought, maybe you could rephrase it to look more generalized and move the topic there. Bet9ja is only a gambling site and playing games on it is considered gambling, but forex is totally different from it.

Forex is just the normal buying and selling we experience in the markets and stores daily brought into the crypto world. its just trading of crypto. In gambling its for fun and stress relief, but in Forex, its purely business like and everybody that engages in it has to learn it like you learn a new business, know how it operates and how to engage in it to be profitable.

Both of them needs tactics and a good sense of judgement, with both high chances of loss, which makes people feel they should be categorized as same, but in reality, gambling is just like entertaining yourself with your money regardless of the outcome and is not an occupation while Forex trading is people's full time job and those who understands it well makes a good living from it.

[odunybiz]

Bet9ja and forex Na two different platforms with entirely different activities, bet9ja they very easy pass forex , though predictions they Both of them, bet9ja Na purely game of luck, whereas forex Na combination of information, analysis and little bit of luck,  forex trading needs patience and serious analysis but make I tell u, no matter how u analysis man united vs crystal palace e no go stop man united from loosing to crystal palace, forex if u no dey too greedy you fit dey cash out small small, you fit still manage your risk for forex with the use of stop loss, but bet9ja e no dey possible to manage your risk, tho they both include prediction but they are different platforms with different activities entirely.

In case of stop loss, we can compare cash out in Bet9ja to stop loss in Forex. Both almost look the same to me with just slight difference. This slight difference comes from the technical analysis that is been involved in Forex.

[Obim34]

Na people wey wan use small money win jackpot dey do things like that, and they will find it difficult to win, the higher your odds, the higher your chances of losing, but if you select just small odd, then you go easily win money even if the money no go plenty like that. I don see plenty people wey go carry like 20 games, dey go come put 100 naira or 200 naira on top, hoping to win one mad mine like that, abeg how game like that go come, you go definitely see Wetin go spoil your ticket for you, but na Wetin most people dey do for naija be that. even if peoples dey win, no be always, and na few people go dey get that luck.

And e go dey very hard for them to see cash out cause definitely one out of the whole multitude of games jam packed for the slip go render the sleep useless. Some go forget say for the gambling live na money dem dey use get money, the higher you stake the better profit you make no be every time person go dey believe always in miracle some times e good to take the risk but risk no mean say na to go carry borrowed money or our business money put inside the betting, most people na victim and e still good as we dey talk am make every body learn.

[nelson4lov]

As person wey don try hand for both forex and sports betting for a while, my candid opinion be say betting is based on pure luck and less about risk management whereas you need a solid knowledge base about the forex market and pairs plus a proper risk management in order to succeed in forex vs in gambling where anyone from anyone can just make a few selections and with the right amount of luck them go fit win am. Forex na different ball game in that e get learning curve and experience level wey market participants (traders) need attain.

[Spaceman1000$]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

It difficulty to separate their two, as the both of them are circled around prediction and statistics of possible outcome, forex has to do with the forex market and how you can buy or predict the flow of currency with different signals, however gambling is almost the same thing because it has to do with predictions too, and how good you are with your analysis of games, it can be either football, basketball, volleyball etc, prediction wise you can say they are the same but content wise, they are different, because forex has a different concept on how to approach it.

[Maniagazuri]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

I don't knkw much about Forex but I will tell you not to engage in anything related to betting, how I wish I have someone to give me this advice some years back, betting is so addictive and you can't get it out of your brain trust me you won't be yourself again till you leave it unless you're just playing it for fun and more so gamble can take your life if care is not taking, just don't do betting please.

[KupaCrypto]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

Both Betting and Trading involve risk for inside to get reward. If you do both well (research, preparation, strong news analysis), e fit bring profit, but e go confuse if we no talk about the element of chance.

When we dey compare betting and trading for gambling, the person wey dey gamble always dey one step ahead of the players and e dey win for the long run by turning the odds to e advantage.

Forex traders fit use different techniques to turn the odds for their side. So, trading practically dey more favorable for make money: e get less risk, and e dey follow the laws of supply and demand.

[AVE5]

It is just funny. I heard of a prosperous forex trader saying how he trades profitably per days although he claims to loose too. I have also come across a gambler who claims to be a successful gambler that has been a benefitial to the winning side of his gambling platform and though also, he looses at most.
At the aid of comparing these two resources, I would literarily tend to o believe that they are of the same potentials because you would have to fund your wallet and decides on what denomination out of your funds you want to stake.
It is just so laughable to say those Forex Traders are also gamblers because they funds, stakes and predicts to get results that would determine if they made progress or if they lost.
Generally, they are all games because there are tendencies that you may lost on the both sides.

[Briankimp1]

Comparing both i think the bet9ja will be much preferable, may be cos i don't know stuffs about the forex but one can easily predict a match between both teams, especially when a bigger team and a smaller team are playing, the points there can be clear.
[/quote]

Except when it comes to betting there’s something we call match fixing which we all are aware of this alone makes it a game of lurk but in my own understanding I’ll still take the risk on betting over forex,
I have little knowledge of forex but from my little I can tell for a fact that it’s worse because you’re made to believe that from a proper analysis and calculations you can predict market flow which is not the case most times, I rather try my lurk than deceive myself.

[Gozie51]

The thing wey we go need to know be say the two na different parol entirely. Trade na trade, gamble na gamble . Bet9ja na gambling company so na gamble which main strategy na luck but Forex trade no be luck. I don hear people wey dey lose money  for on top Forex and so if to say na luck base then people go dey collect enough money but for gambling, many people do winning it from different levels both newbies and old gamblers but new traders no dey cash out from Forex from wetin I hear. So no be about analysis or the same analysis matter but different skills entirely.

[MainIbem]

Gambling is even the worst trading you can stop and exit from market while gambling doesn't have any exit ones you stake no backward, that is why partially trading is good but in trading it would require you to study more and develop yourself otherwise you wouldn't know how to manager  your funds properly unlike gambling. Gambling doesn't have any control ones any that is kept for gambling is mapped out and probably you stake with it if the game goes against you then you lost all your money.

Na so e be i know say some people go still argue say na same tin yes me agree but you supposed look am the other way round so that una go understand, dis kind argument bin don dey on ground since still people say na trade beta pass gambling.

[Salahmu]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

When we talk about the risk involves on Forex and bet9ja, they are actually the same because nothing is certain but however in times of complexity there is no way we can compare bet with Forex trading because in as much as bet seem very complex in times wining but it doesn't really require much learning and experience perhaps anybody that regularly watch football can easily play a bet and make a win, although I'm disputing the fact that bet is not difficult but my points is that in times of bet there is no knowledge requires or schooling all the person needs is just to pick a club he or she feels that is okay for them and bet.

But however when we talk about Forex trading it requires a serious critical thinking and someone who has no knowledge about Forex trading cannot venture into it because there is every possibility that you will get your blown, so actually Forex requires having a good knowledge preferably enrolling yourself to Forex school to learn the fundamental and echnical analysis to enable you understand or interpret the market direction, and also even knowing all that is being explained above there is still chances that you can be able to make loses, so I believe you understand now that Forex trading is more complex than bet9ja.

[Mate2237]

That is indirectly you are asking or you want to know the difference between gambling and forex trade. Let see how it goes. In gambling you choose who will win the game and you wait for the outcome after betting and your prediction is that your team will the game and in the process if you want to cash out because of the uncertainty of the game. In gambling there is no entering point.

Forex trade is an online calculative and chart platform which you predict the market price to enter the trading platform and they is an entering point and exit point. But in gambling the prediction is to win the game and not for the amount or the price. Therefore from the above mentioned, Bet9ja and Forex trading are very two different things all together. They are not even related.

[Troytech]

OP the difference is very clear, we know that forex may seem like a prediction but I don't think so. I'm opportunied to have some experience by beign around a lot of forex traders. Forex is all about speculating the market directions based on facts surrounding it, by fact I'm referring to the causes of this actions. In forex I'll prefer to say it this way your the player and your playing against the market or with the market based on your choices, but it's speculative because it involves some calculations and chart reading.

But gambling on the other hand is more like having two card on the table and your been asked to pick the card with the highest number. Its uncertain in a way but just pure prediction since your totally uncertain about anything.
 

[CryptopreneurBrainboss]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

The two of dem dey different but first make I clarify you on the words wey you use. Forex is too big to dey compare am with bet9ja, bet9ja na just a company in sport betting no be say na gambling in general while Forex na the trading of all fiats currency so wetin you fit use compare bet9ja na just NGN/USD trading pairs but we understand you because na we we dey here. Rename your thread, Sport betting Vs Forex. This type of topic sha we dun discuss am well for this board but I go throw in small thoughts of mine. The two of them dey similar in some ways as they have to do with making prediction but them no be the same as them get their difference.

Some of the things wey make dem dey different include;

• Sport betting is just a prediction of which team will win a match among the two teams playing while Forex trading is the prediction of how the market is going to move so Forex dey more serious than sport betting.
• Sport betting isn't a skill but Forex trading is a skill that can be learnt because trading is teachable and can be reciprocated while betting isn't.
• Sport betting depends more on luck but Forex trading depends on your level of understanding of the market. If you no sabi trade you no sabi but you fit use your luck pick team wey go win and you win.

Big difference dey between sport betting (as na wetin be9ja be) and Forex trading so make you no dey follow people mouth wey dem no know wetin dem dey talk. Sport betting no be serious career path to follow but Forex trading na very big career path wey go fit make you bastard money wey sport betting no go fit give you. Once you know Forex you dun know am and na steady cashout go dey come your side but sport betting just belike wetin you go dey do for entertainment and you no supposed take am serious.

[Y3shot]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

Gambling is more unpredictable than forex trading. I know in forex trading you can't predict the market but if one has gotten a good knowledge in learning forex trading and knows what he is doing , one can still make some profit and also manage the risk in trading. But Gambling is unpredictable which you can't even depend on as a source of income. Forex trading is better to me because I consider it to be a skill that people can look up to even if the market is unpredictable.

[sotelorene]

There are so many difference between bet9ja and Forex though they have little similarities. Bet9ja has a maximum amount of winning while Forex doesn't, in forest you can make profit as much as possible and nobody will query you and again Forex deals with currency exchange while Bet9ja doesn't  while one of the similarity is that you can place a trade and bet at your comfort zone and both. There are a lot of difference and similarities I can't be able to list down here.

[Bright0515]

Omo the two dey very difficult to predict I swear the way football dey now if u predict all players to wear boot on fit go wear slippers enter pitch no be small but the advantage wen this one get over this forex na say even with small money u fit take run am. You dey watch football you dey see wetin dey happen some people wan carry hundred naira play 20 games of two odd for one ticket to win millions Omo e go shock u.

Omo for forex calculation wen plenty no be chais you go dey carry ur own two eyes dey see say ur money dey loss and the stake sef dey plenty pass bet9ja, person go calculate till smoke go come out from head finish. For me I rather play bet than trade forex oo.

[Mayor of ogba]

Thank God you said maybe it's because you don't know stuffs about forex because for me I think forex trading is actually more better because of the probability ratio whereby gambling is luck base for me the difference between the two is that one of them you can actually calculate the outcome and work on it but that's only if you have studies and carefully understood the pattern to which it takes but for betting, it's more difficult to predict because even if you check the stats of the teams you still won't be assured of a correct result because of the luck factor that is in place in the sport.

People who often lose a lot in betting are those who prefer using little amount to stake games just to win millions. Some people might carry on 30 games on their slip with a bet of 1k, among his predictions just few will cut the game.
Imagine If he should carefully pick just 2 games having total of 2 odds then staking with 500k that's automatically a 1M win.
Betting is total risk, you take the risk to make profits same with forex, heard how some people lost 1k$ in an instant while doing forex.

This is the wrong strategy in gambling, and that is why most people lose a lot of money in gambling because they think once they have accumulated two odds, the bet will play as they predicted. One thing we must know about gambling is that it doesn't matter how many odds you have accumulated; what matters is for your games to play the way you predicted them to.

[Obim34]

This is the wrong strategy in gambling, and that is why most people lose a lot of money in gambling because they think once they have accumulated two odds, the bet will play as they predicted. One thing we must know about gambling is that it doesn't matter how many odds you have accumulated; what matters is for your games to play the way you predicted them to.

Even a small one, as little as 1.5odds fit cuts the slip without doubt but packing a lot of games is not necessary and pointless. If a slip of just two games can cut den how much more that with compilation of twenty plus games. You rarely see people make profit from this compilation of games cause it barely happens as few of the games will fall short. To be on the safer side, limit your game accumulation and stake higher(what you can afford to loss) to be on the safer side of winning.

[Mayor of ogba]

This is the wrong strategy in gambling, and that is why most people lose a lot of money in gambling because they think once they have accumulated two odds, the bet will play as they predicted. One thing we must know about gambling is that it doesn't matter how many odds you have accumulated; what matters is for your games to play the way you predicted them to.

Even a small one, as little as 1.5odds fit cuts the slip without doubt but packing a lot of games is not necessary and pointless. If a slip of just two games can cut den how much more that with compilation of twenty plus games. You rarely see people make profit from this compilation of games cause it barely happens as few of the games will fall short. To be on the safer side, limit your game accumulation and stake higher(what you can afford to loss) to be on the safer side of winning.

Thank God you know this. So it is not advisable to stake a bet with 1 million Naira when you are sure even though you accumulated 1 odd, you will still lose the bet if it doesn't play according to how you predict it. Those who accumulate 20 games in one slip have a lower risk of gambling because they have adopted a strategy that will reduce their risk of gambling. For Instance, Arsenal will be playing against Crystal Palace at home tomorrow, and we know that Arsenal is the favorite to win against Crystal Palace, but when those people who used to accumulate 20 games in one slip will play Arsenal and Crystal Palace games, they can play Arsenal to win or draw, which has made them be on a safer side.

[Zigabel]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

The two no be the same time at all just that both of them get something in common which is the aspect of risk and predictions but for forex your predictions no dey like bet Naija wey na forecast you dey do , you gats do analysis based on one or two things wey you know and this things na things wey you go learn first, na why we dey get forex academy but you no go fit see bet9ja academy because forex na skill wey you gats learn make you use am do your work but e no be like dat for bet9ja , dem no dey learn or use bet9ja do work, people dey invest for forex wen dem see people wey Sabi do forex well but nobody dey try am say make dem invest for bet9ja because dat wan na 50/50 but forex if you Sabi am well you fit tell how much you go fit make for one month or even within weeks, plans dey gats dey wey you go follow.

The two of them no be d same tin but dem share some kain similarities but e still no make dem d same, professionalism dey forex but e no dey bet because bet sef no b to make money dem do am for na for jus fun wey fit pay u but forex na work wey gats pay u.

[#Greatest]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

If you concluded that bet9ja, sportybet or gambling in general is the same thing as forex, then I will assume you don't know forex or you know gambling but don't understand what forex trading is all about.

Gambling is making predictions with a platform and with this predictions it comes with a stake and that stake is what you lose to get what you expect. If you stake something, it gives you or gives nothing, you can stake your house for example that bitcoin will reach $50k before the end of this week but know that your house has become more like a collateral stake that will give you more than what your house worth. If bitcoin price reach the amount agreed, you will be return a heavy amount of money that can give you 20 times the value of your house by the company you stake the house with but if bitcoin fail to reach that price, you are going to lose your house.

Similarly forex is just like trading, you buy an assets with hope in mind that the price is going to appreciate later in the future. Just like I use a house as example, I will do the same here. If you decide to buy a house today for instance for $50k and you an to resell it in the future for 2 time the money you used to buy it and after some years, it yield more than that amount, the you get more profit from your investment but if some unforseen circumstances happen, the price may fall below what you bought it but if don't sell, you haven't really loss. What you have in that moment is unrealised loss, you can still hold until when the price appreciate again to make your capital and profits, this is what gambling doesn't give you.

However, forex has option of trading that looks like gambling which is margin trading, that's what most people does in forex and because they know nothing about it, they lose their trading funds most of the time.
Margin is like betting that price of an assets will appreciate later in the future, it's like a contract between two people that something will happen and this between two opposite traders, one is betting that it will go up and the other is betting that it will come down. Any of them that happened later is who will win and the other person with opposite predictions for home with nothing, that's basically how margin works. Gambling and trading is never the same.

To me you’re practically saying the same things but using different word play in both contexts …. Both forex and betting comes with a stake …. Something is always at stake … you’re putting something on the line with hopes that the odds play in your favour …. They both deal with analysis and prediction… so to me I’d say they’re are cousins😂😂

[Obim34]

Thank God you know this. So it is not advisable to stake a bet with 1 million Naira when you are sure even though you accumulated 1 odd, you will still lose the bet if it doesn't play according to how you predict it. Those who accumulate 20 games in one slip have a lower risk of gambling because they have adopted a strategy that will reduce their risk of gambling. For Instance, Arsenal will be playing against Crystal Palace at home tomorrow, and we know that Arsenal is the favorite to win against Crystal Palace, but when those people who used to accumulate 20 games in one slip will play Arsenal and Crystal Palace games, they can play Arsenal to win or draw, which has made them be on a safer side.

I don't know if you at times gamble, then maybe you won't be saying such. You know picking two games with a 2.5 odd is more valid rather than selecting a lot of games, this strategy is applied by those who have enough resources to gamble not just anyone who will cry on huge loss. An accumulated odd of 2.5 being staked with 1 million naira will give a potential win of 2.5 million naira just on one trial. This is what many will spend there days dreaming about, trying to win millions with penny.
At times I feel gambling is most likely to be for the rich or average people and not the poor ones. 7

[HajiBagi]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

My brother the two from one sense na actually same but the difference is that one is more hype to thinking that you can actually make a living out of it while the other one na purely luck business. For me the two of can be related to luck and stats, although many people believe say you fit use same stats follow up gambling but my brother I tell it's not easy and I would advise sef for anyone wey no get watin dey give am money to actually avoid this method because these two things need proper and strick income because you fit turn addict if you say you wan carry for head.

Na true you talk so, the both bah, if you look at them very well na still the same thing E dey talk about because the both carry luck for head, bet9ja na luck for ex exchange na luck too, you will gast put money for the both and if you get luck you will get pass waiting you put, the both just dey fear me because na something wey be luck things and if you are not a lucky person you will suffer ehn, but the worst one na bet9ja, bet9ja get one spirit wey be say even if you dey lose your money you no fit stop until your eyes open finish, I have seen many people that are doing forex exchange and if they don't have luck they will leave it for some time but bet9ja own na like spirit, because even money wey you go use chop you go wan use am bet .

[odunybiz]

From my own side I go talk say the two of them na actually prediction because even after you dn run analyses you no really dey sure of anything. I dn ask people wey dey into forex but some dey claim say e dey different. If you get idea about the two i go like know if anything really dey different for the two of them

I don't knkw much about Forex but I will tell you not to engage in anything related to betting, how I wish I have someone to give me this advice some years back, betting is so addictive and you can't get it out of your brain trust me you won't be yourself again till you leave it unless you're just playing it for fun and more so gamble can take your life if care is not taking, just don't do betting please.

People get addicted to better out of greediness. There is nothing bad in gambling. People get into problem in gambling when being greedy and become addicted. One can bet for fun as he still make little cash from it. One should just learn to gamble with only the money you can avoid to lose.

[Taricoins]

From my own understanding FX and Bet9ja almost the same but they have big difference because both of them are all prediction and risks taking you can win or you can lose.

When I say they have big difference is because FX is all about trading and it favour those who have the knowledge on how trade in FX. While Bet9ja is all about gambling and prediction of game like football you can win and lose instantly.