One of the best ways to increase income is to invest money in gambling. It is also important to note that gambling is not the way to earn money, but investing is! Read the full ultimate guide on how to invest money in gambling below.
Gambling has been constantly growing and getting even more and more popular around the globe. People may gamble and invest in gambling as well. According to expert reviews, sports betting is one of the fast-growing sectors.
The essential fact is that investment and gambling do not differ much. In both ways, people spend their money with the hope of getting them back in even in large numbers. However, there must be mentioned the next factor – the conceptions of mathematics expectation are different in gambling and investment.
You can also find an ultimate guide to the investment by European Commission here.
What is a mathematical expectation?
The mathematical expectation key implies an option to see how much money you will lose or increase. Through the calculated strategy, it is possible to find the amount of money income or loss.
The total understanding of the mathematical expectation allows you to identify the difference between wealth and poverty. Moreover, it is also a key to long-term profit and not instant luck.
Talking more specifically, the mathematical expectation is a function of two variables:
- The probability that your bet will be a winner or loser;
- The payoff of a winning bet contrasted with the amount lost for losing bets.
What makes an investor successful?
It is obvious that investment is money-risk. Everybody is able to risk money without hesitation for example in gambling, it is not so hard to spend. However, not all investors are even close to financial success.
If investors risk their money only in cases of positive mathematical expectations, the gamblers risk their money on negative mathematical expectations and unknown probabilities.
How to find investment opportunities in gambling?
Even if the difference between investment and gambling is significant, there may be a mixture of investments in gambling. But still, the strategy is key. It is also important to find opportunities to invest. Here are the top tips that provide extensions on this market.
Widen your scope
The first thing that comes to mind when thinking about gambling investment is the popular land-based casino. And that is quite right, the most-visited casinos are successful already. However, this business requires being more creative and unpredictable. Moreover, the digitalization process is currently so deep in society. So, it is impossible to ignore the online generation and its preference to get everything online.
There are a ton of online providers that are impressive in the seed of growth and development. According to expert analytics, online gambling is considered to be the most profitable in the investment sense.
Mobile gambling
Another fast-growing sector in gambling is the mobile market. Gadgets are extremely habitual and irreplaceable nowadays. People work, communicate, get an education, and, of course, entertain themselves through mobile technologies. Online casino has already adopted this reality as well. Therefore, mobile gambling may also lead to success in investment as well.
Working for Gen Z is definitely the new way of earning money, but you cannot deny the fact that this is the most profitable way.
To see more compelling data that will demonstrate the promise of mobile gambling let us review one of the research studies. Just in the previous year, such countries as China, the United States, and Japan significantly increased their total revenues thanks to mobile gaming. China earned $56 billion, the US – $43 billion, and Japan – $20 billion.
Considering the worldwide mobile use in the context of gambling, casino games are at the top of popularity. The casino is the second in the top mobile genres, which is 18.9% of revenue share. Card games are less popular among users, but still, this list includes such games.
New Markets
Online gambling is an attractive industry thanks to its promising perspectives. Already stable markets have been growing, but still, there are always new markets emerging. Do not ignore the new players in the game, maybe your investment will be even more successful.
The main cause of the new market growth is the massive evolution of online gambling and global digitalization, which has transformed the business building model.
Investment in gambling stocks: yes or no?
Generally, investment in gambling stocks has been considered one of the safest ways to invest in gambling. Online gambling has been constantly growing, which is leading to a stable area for investment. But still, there is a risk, which must be calculated in the most accurate way to minimize the possibility of losing money.
Below you will find the top list of gambling companies, to help you determine if you should be investing in their stocks.
Gamesys Group
In the middle of 2022, the company reached $531 Canadian in stock. A few months later, this sum has grown even higher – to $931 Canadian. Considering the driving factor of such a development, it is obvious a COVID-19 impact. Talking more specifically, the online transformation is a positive effect on the business for sure.
Gamesys company has a large amount of holding groups online. According to the fact of the share price is stable and even growing most of the time, the company may be considered to be the perfect source of long-term incoming.
GVC Holdings
Compared the GVC Holdings (currently Entain) to Gamesys, the GVC has not gone through the crises so well. The major part of its subsidiaries is specialized in sports events. The list includes Ladbrokes, Coral, and Sportingbet.
Talking more specifically, the massive lockdown caused the fall in stock price from $948 to $298. However, sometime later, the company recovered from the fall. The industry may face cases of falls in the future. But still, the GVC Holdings company is still perfect for both long-term and short-term profits.
The Rank Group
This company suffered from the global pandemic hit the most, compared to the others on the list. The stock price fell to a minimum of $78. The main reason for such negative development was the fact of the majority of its subsidiaries were land-based or offline. The whole world has seen how such companies were going through the complexities. Some of them survived with large casualties.
This company has a chance to become a perfect platform for a successful investment. But it will be 100% clear later when the Rank Group makes significant decisions on pushing the online side of the business more.
Investment in sports betting
Here is a top list of ways to invest in the sports betting market.
1. Sportsbook apps
The first thing that comes to mind after thinking of investing in sports betting is any successful and leading company. The betting companies launching the apps. Here are the top companies you should pay attention to:
- DraftKings (DKNG)
- Flutter (PDYPY)
- Rush Street Interactive (RSI)
2. Gaming companies
Another way to successfully invest in gambling is to invest in big companies like Ceasars Entertainment. A major part of the casinos is operated by the betting corporations, as it is well known. But there are also hotel companies that welcome visitors to land-based establishments.
For example, Ceasers Entertainment operates William Hills – one of the leading sportsbooks. MGM Resorts International (MGM) is responsible for the BetMGM as well.
3. Gaming ETFs
ETF is one more way to invest in sports betting. Picking this way, you don’t have to pick a winner. you can find participation in the re-opening of the closure. Since visiting the casino is gaining more and more popularity. Here are the top funds focused on the sector:
- Roundhill Sports Betting and iGaming ETF (BETZ)
- VanEck Vectors Gaming ETF (BJK)
4. Racetracks
Racing is the stable betting sector, which is extremely popular in the UK especially. GBC Time has found a perfect publicly traded option – Churchill Downs (CHDN).
5. Tech providers
Sports betting companies are not the only things you can invest in. A significant role is also played by the providers. The companies that offer gambling technologies are essential in this business especially.
The top list of the providers you can invest in includes:
- GAN (GAN);
- Kambi Group (KMBIF).
Investment is risky but an encouraging way to make money. This becomes especially successful with the right choice of sector, company, and strategy.
Top reasons to invest in online gambling
The constant growth of online gambling
After the global pandemic hit and business transformation to the digital sector, online gambling got more confident worldwide. This market is still popular among mobile users as well. People find it more flexible to play casino games via mobile gadgets on the app or websites.
A ton of new technologies
Online gambling is one of the main sources of modern new technologies. Therefore, in the context of an almost digitalized world, technology is the key to further successful development.
Read more: Best Gambling Payment Providers
