">
Free Predictions: Mr. A's | Gina's | Johnny Guild | Computer  | Pro Picks  
SportsRumble.com - Offering the latest in Sports News, Odds, and Free Predictions  
Wall Street
 


Stock Market vs. Gambling!

Posted by Phillip Olson

I think there is a huge similarity between the stock market investors and those who gamble in Vegas (or any place for that matter) The stock market is all based on chance, and you are constantly trying to guess the way the market will turn next.

The same for gambling, you are placing your destiny in the hands of luck. You never know what cards will be drawn or what the slot machines will reveal next. Also these two follow the psychology term called the gamblers fallacy, the belief that if the outcome hasn't been going you way it eventually will. This fallacy is what causes many people to invest their whole life savings and lose it all. On the other hand they are different in some way because gambling isn't legal everywhere, whereas stock market investment is legal. Which, I don't understand because both are extremely risky and can be addictive. Although I hate gambling, if I had to choose I would put my money in the stock market rather than going to Vegas. Even though it's all based on chance at least I can research my investment rather than just popping in some coins and letting the wheel of chance spin.

 

Top Three Stock Exchanges

New York Stock Exchange (NYSE) - the largest stock exchange in the world by dollar volume

Tokyo Stock Exchange - the second largest stock exchange market in the world by market value.

London Stock Exchange - the third largest stock exchange in the world and the oldest

Gambling Stocks Stock Quote
Ameristar Casinos Inc.
Boyd Gaming Corporation
Harrah's Entertainment Inc.
International Game Technology
Isle of Capri Casinos
Las Vegas Sands Corp.
MGM Mirage
Penn National Gaming Inc.
Pinnacle Entertainment Inc.
Scientific Games Corporation
Trump Entertainment Resorts Inc.
WMS Industries Inc.
Wynn Resorts Ltd.
 

United States Stock Exchanges

 

African Stock Exchanges

Asian Stock Exchanges

European Stock Exchanges

Middle Eastern Stock Exchanges

North American Stock Exchanges

South American Stock Exchanges

 

Taxes On Gambling
Winnings, Many people wonder how gambling activities are treated for tax purposes.

Previous Page 

NFL
NFL News
NFL Odds
NFL Scores

NBA
NBANews
NBA Odds

NBA Scores

NCAA FB
NCAA FB News
NCAA FB Odds

NCAA FB Scores

MLB
MLB News
MLB Odds

MLB Scores

NCAA BK
NCAA BK News
NCAA BK Odds

NCAA BK Scores


NHL
NHL News
NHL Odds

NHL Scores

More
Auto Racing
Golf
Tennis
Casinos
Poker

Info
Contact Us
Resourses
Sportsbooks

Free predictions Free Sports Picks
Mr. A's
Gina's
Johnny Guild
Computer
Pro Picks

We make no endorsements and assume no responsibility offered by advertisers. All data and information on Sports Rumble provides news matter and entertainment to a worldwide audience. Activities offered by links to other sites may be deemed an illegal activity in certain jurisdictions and is not intended to be used in violation of local, state, federal or international law's.

 
Copyright © 2009 SportsRumble.com All Rights Reserved.

 

9