Is football betting a business?

[Enxx]

A friend of my currently owns and operates two online football betting shop which he is running by so many people that he employed to take care of the business for you on daily basis and he's making good money from it.

The case of that your friend is different from what I mean. He only has a shop that other people will come to place there bet. Of course he will earn either they win or lose. But I am talking about those that play the game

 

[Bango]

For bookmakers and casino owners, yes but for users, NO. Gambling and betting can never be a source of income and is a hobby. There will be days when you lose maybe 5 games in a row

 

[Heatman]

I know. You are right. This is because gambling is so addictive.

The most important thing is that they are able to find a way to be making money from it and not losing all the time because if they don't make money from it, they will never keep doing it all the time.

 

[Bango]

The most important thing is that they are able to find a way to be making money from it and not losing all the time because if they don't make money from it, they will never keep doing it all the time.

All businesses have profit and loss and that's a natural thing, but gambling is like if you win once you lose 3 times. Football betting cannot be considered a business in any way

 

[SHAHID987]

In my views this is not a business and finally the end result will be in loss, because you cannot predict that which team will win the match and we have seen so many upsets in the matches so why should we take risk?

 

[riberet19]

Really sports betting should never be seen as a business or a reliable source of income because in the end it is chance and bookmakers play with the odds so that they are generally against you, I would not recommend venturing into gambling with thoughts of making it a business

 

[Fidelia]

Football betting is gambling and in business, we don't gamble. We are intentional. Football gambling is driven by luck. Business is driven by purpose.

 

[Passiveearner]

Gambling and betting can never be a business. It is a bad habit which can lead to addiction. It can cause financial issues and this is why it is much better to avoid gambling. I highly encourage people to invest in real assets rather than gambling.