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Stock Market trading Vs Sports Betting - (PROFIT & LOSS) What is your view? - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Stock Market trading Vs Sports Betting - (PROFIT & LOSS) What is your view? (283 Views)

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Stock Market trading Vs Sports Betting - (PROFIT & LOSS) What is your view? by amanze2020(m): 1:33pm On Jun 03, 2018
Hello Nairalanders,

The subject matter of stock market trading has been an old age business cum investment practice worldwide, and for those that have a small, medium and large scale knowledge of it will agree with me that it is either profit (GREEN COLOUR) or loss (RED COLOUR), which invariably implies that when stock trader A profits, stock trader B is losing. And we know that several factors determines cum influences stock market's profit and loss such as speculations, media hype, high profile political figure's economic cum business comments. We all know of many banks and individual billionaires that invest in stock market trading.

On the other hand, the subject matter of sports betting has also been an old age business cum investment practice worldwide, and for those who have little or more knowledge about sports (football, tennis, handball, cricket, gulf, basketball, etc) and the corresponding associations and rules that governs each sport, not forgetting the politics and speculations as some of the factors that influences some of the outcomes of matches cum games, will agree with me that it is either profit (GREEN COLOUR) or loss (RED COLOUR) depending on the hundreds of betting option ones chooses. We also know of many billionaires that influences football clubs in other to win some games.

Now, my questions here is as follows:
(1.) Are the two subject matters(sports betting and stock market trading) a gambling activities? If yes or no, please give your reasons.
(2.) Is sports betting sinful and stock market trading not sinful? Please give your reasons.
(3.)If someone whom is not greedy in either investments, but is making a slow, small and steady profits to help his family, train people in school and other good works, the person a hell-fire bound or candidate? If yes or no, please give reasons.

Please, let's make it a friendly interaction irrespective of your social cum religious ideology and perception.

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