Can you really make money sports betting on low-risk, high-probability events? Topics covered include: The growing size and influence of the U.S. sports betting market Recent sports betting scandals How sports betting odds work An intriguing low-risk approach to sports betting Why the low-risk sports betting approach is still gambling with a negative expected return Behavioral biases that encourage sports betting Revisiting the difference between investing, … [Read more...]
486: How Retail Traders Lose Big While Enriching Wall Street
Gambling in the stock market is increasing, with most traders losing money while generating billions of dollars per year for brokerages and wholesalers. Will all this trading lead to big market swoons? Topics covered include: Why sports gambling has grown so much How gambling in the stock market is measured, and how prevalent is it Why most traders lose money but continue to trade anyway How uninformed traders improve market liquidity and encourage trading by informed … [Read more...]
143: Are You Investing, Speculating or Gambling?
What is the difference between investing, speculating and gambling. Why binary options trading is gambling. In this episode you'll learn: What are effective theories. How do binary options work. What is the difference between investing, speculating and gambling. How can we identify our strengths. Show Notes Video of Campeche uphill climb Effective Theory - Lisa Randall - Edge Searching for particles on a benchtop - profile of Andrew Geraci - The … [Read more...]
