Sports gambling is the most popular and profitable of all types of gambling. Usually bettors choose the most popular sports such as, football and cricket for betting. These sports draw a large number of viewers and bettors alike. Not all cricket bettors are fans of the game but many definitely are. In fact, from being a fan to becoming a fanatic bettor is the story of many successful punters. 

Though sports gambling, especially in cricket, has registered a rising interest among the young and mid-aged populace because of the prospect of earning a fortune over time, wins are never guaranteed. In other words, there is always a risk of loss and many have experienced the misfortune of losing a huge chunk of their hard-earned money in betting. 

However, it is also related to irresponsible IPL betting and these people cannot evade their responsibilities for their miseries. 

Does the above picture sound familiar for those involved in stock market trading? It might be. There are a lot of similarities between these markets. Let’s drill into the matter to scoop out the real face of these two markets. 

Investment POV

From the point of view of investment, both cricket betting and stock market offer an opportunity of investment. There is a likelihood of getting returns but it’s only a chance, not certainty. 

As both are kinds of investment, a variety of factors play their roles in influencing the return. Investors in both markets share a common goal of making profit, they should consider a high number of non-analytical and unidentified variables before taking a plunge. Both intuition and experience can influence the outcomes. Risk management is highly important to stay afloat and succeed in the long run. 

Homework and Effort

Both markets ensure that you will have to spend a good deal of time monitoring screens and developing your understanding of the mechanism that is the centrifugal force in such a highly volatile market condition. You need to learn new vocabularies, rules and regulations that give an insight into the system that drives the market. 

Virtual Platforms

Forget about walking to a casino or stock market in person, the digital age has brought many apps and websites to check options, click and choose what you want to spend your money on. These apps are easy to operate and provide more options that were available at the brick-and-mortar places. 

There are loads of options from the most conservative type to the adventure level, tied to higher odds and higher returns subject to your selection of bets and stocks. 

Moreover, you don’t have to rush through the options, take time, think wisely and make decisions. Playing smart is the need of the hour, whether it is in sports gambling or share trading. 

In both cases, one common prerequisite is to have risk-taking deposition at a minimum level, as no conservative pearson will ever get close to these apps

Thanks to the digital platform, we now get loads of information for both cricket gambling and stock trading. You can try them out, they are really useful. If you are a cricket bettor, Indibet app download will help you a lot. 

Uncertainty

Notwithstanding plenty of available resources, the outcome is a function of various factors that are difficult to predict or quantify. For example, when a CEO announces his resignation from a company or the better team loses a match because their star batsman suffers an injury during the match.

These events are unpredictable. No amount of insight knowledge can figure out that this is going to happen. Certain things are extremely uncertain, whether it is in the stock market or cricket betting. 

Long-Run Scenario

In the long run, the odds are usually favorable for stock trading but are often not materialized because most investors want to make a quick buck or avoid the scenario of a sudden drop in a share. 

A hasty investor often buys many shares or bets on many market options. This investment pattern comes from the mentality that always finds itself in the slower lane every time the person wants to invest. 

Legality

Share trading is legalized in all countries across the world. However, that is not the case with sports gambling. Betting in cricket is legalized in some countries. Even then, there are many restrictions imposed on cricket betting. One of the reasons is to control the problem gambling. 

What are the Differences between  

Both cricket betting and share market have some evident similarities. Both markets are uncertain and hence, investment is a risky proposition. However, there are some stark differences between these two markets. 

  • In stock trading, you can research and analyze the market for investments. This will minimize your risks and maximize your returns. In IPL betting, your decisions are based on the IPL betting odds and money flow in the betting pool. 
  • In the stock market, you expect returns from your investment but in betting, you can only hope for rewards. 
  • Over time, odds favor stock market investors more than bettors.

No doubt, betting is riskier than share trading.