Sports Stock Market
Giving the public a place to invest in the performance of their favorite sports teams is what Crystal World Holdings and The New Sports Economy institute have accomplished by combining ‘finance and sports’ to give you The World’s First Sports Stock Market.
“Sports Betting Exchange” does not mean that this is a gamble. Similarly, understanding the buffalo is an animal, but the animal is not necessarily a buffalo is not it? Alternatively, the investment was not gambling, but trade can deifying also as an investment.
The prices traded are the opinions of individuals from around the world who met in an exchange / trade market and the opinions based on opinion and analysis of each of a sports game. Opinion is translated into a market price and the amount of goods available for sale.
As an educational tool, a sports stock market sits alone on top of the pile of fun ways to learn finance. When you combine a passion with learning, people retain more and therefore are more capable of using the skills or knowledge they have just attained. There is power in learning and with financial illiteracy a real thing, products that help fight the illiteracy in people when it comes to finance are products that help people better prepare for the challenges life presents us financially.
If you invest in a foreign currency in the form (margin trading) and going (margin call) while you do not add funds to cover losses at the time, is not it also can be categorized with lost gambling? However, if you had to sell or buy back and close your position even at a loss. It’s still all be classified as investment losses.
Similarly, investing in Worlds First Sports Stock Market. If you can be able to trade just like stocks or forex trading is basically all the mechanisms and ways of speculation is equal only to the difference trading product itself. Even the advantage of sports stock price movements can be ascertained is almost always the same from time to time until a results / goals where prices will readjust with the last condition.