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Author Topic: Are sports betting winnings more like active or passive income, and why?  (Read 1348 times)

Offline Stompix

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Re: Are sports betting winnings more like active or passive income, and why?
« Reply #30 on: January 03, 2025, 05:24:11 PM »
To some winnings from sports betting is a passive income.

Winnings from an actual activity can't ever be a passive income! End of story!

Too many people are making a mess of labeling side hustles as passive income when it goes straight against the definition, you need to be passive, so not take any action for such an income, you place your money in stocks and wait without doing a thing, you rent a house you buy gold and wait.
If you treat gambling as passive income then trading is also passive income, then going to work is passive income too.

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Re: Are sports betting winnings more like active or passive income, and why?
« Reply #30 on: January 03, 2025, 05:24:11 PM »

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Online robelneo

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Re: Are sports betting winnings more like active or passive income, and why?
« Reply #31 on: January 03, 2025, 05:52:44 PM »
If you win, its active income for me because you put money on it, but its not a guaranteed income. I cannot call it a passive income because there is work associated with it; you have to analyze it and put efforts on your bets. For something to be called passive income, there should be less or no effort, and its guaranteed.
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Re: Are sports betting winnings more like active or passive income, and why?
« Reply #31 on: January 03, 2025, 05:52:44 PM »

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