Friday, August 31, 2012

Making Money The Old Fashioned Way - Gambling!

We all want to make money. In fact, it is a necessary part of living. There are many different ways to make money and the method most often discussed on this site is making money by investing.

Investing is really alot like gambling. If you think about it for a moment, some types of investing actually are the same as gambling. Now, most investors wouldn't want to look at it like that, but the facts are the facts.

For example, if you "invest" in a silver call option, you are gambling that you will be able to not only predict the price going up from where you are buying your call option, but you are also gambling on the fact that you will be correct in your timing of that price increase.

So if you want to make money "investing" in stock or futures options, you are really just gambling. It is alot like gambling on sports. For example, if you are going to gamble on an NFL game, you might choose which team will win and how much they will win by. Not only do you have to predict which team will win, but also by how much.

So if you decide you have had enough "investing" and you wish to "gamble" on some sports instead, that is a reasonable thing to me. I would advise you to do a little research first in order that you pick the best sportsbook for your gambling style. The best way to accomplish this is to read a quality sportsbook review and see which qualities are most in line with your gambling preferences.

Good luck to you in both your investing and gambling endeavors.