Saturday, February 27, 2010

Online Sports Trading - A Viable Investment?

What if there was some way to tap into the ever-growing popularity of world-wide sport that could turn the gambling factor of sports betting into an investment vehicle producing sustainable results over the long-term such as equity trading?

Sports Trading was conceptualized and bridge between conventional sports betting and real-world stock trading was built.

Please note: generalizations are used in this article because sport trading exchanges can differ in nature and offerings.

What is Sports Trading?

You may immediately associate sports trading with that of card trading but until fairly recently, sports trading has taken on another exciting meaning.

Although the actual definition of sports trading may differ exactly depending on the type of exchange in question, it is essentially the act of investing in virtual sports issues or contracts (i.e. sports teams, players or markets).

Sports trading is not to be confused with sports betting (betting against a bookmaker) or some other form of fancy gambling, sports trading runs along the same investment lines as trading on a conventional stock market exchange (e.g. Wall Street).

Participants of:

  • Fantasy sports games
  • Stock trading simulation games
  • Sports betting exchanges

will identify a commonalty with a typical sports trading exchange.

Although sport trading is still somewhat dwarfed by the sports betting and real-world trading industries, there is no question of the future popularity for this concept as people from all backgrounds are coming together to trade be it virtual stocks or issues or real contracts for real money on any sports related market, offered by the online sport trading exchange.

Sports trading exchanges are developing sophisticated technology, commonly employing a proprietary trading platform and in most cases, with a Level II type trading interface.

It is typical of a global sports trading exchange to offer around-the-clock (i.e. 24/7) trading as exchange members are not inhibited with limited or set trading hours so are free trade anytime, from anyplace around the world.

Advantages over Sports Betting

Sports trading has the thrill of sports betting but without the inherit risk of gambling that sports betting produces.

Some notable advantages sport trading has over conventional sports betting are (trading exchange dependant):

  • Far less risk; eliminates the 'all or nothing' situation
  • Can still profit even from an event loss
  • Capital appreciation
  • Dividend income
  • Not solely competing against professionals
  • Greater chance of success (not limited to above reason)
  • Can be invested with minimal effort

Sport trading eliminates the gambling factor associated with sports betting; traders seldom lose their total investment in a stock holding (i.e. they have the ability to trade out to prevent further loss), the sports bettor loses their entire wager with an incorrect guess.

The sports trader is not competing solely against professional bookmakers whose job is to get the better of you - more often. Sport trading exchanges are about people-to-people interaction so you are pitting your skill, judgement and knowledge against fairer competition. Learn to be savvy and you end up with the edge.

Once invested, the sports trader can theoretically sit-back and monitor their investments passively; the sports bettor must normally wager every time to potentially make money and therefore, incur greater risk on each and every bet.

Advantages over conventional stock trading

Participants of stock trading already will find other useful benefits from a typical sport trading exchange such as:

  • Lower trading fees due to being solely online trading
  • Greater participation from a wider audience
  • Not being exclusive to professionals
  • Around the clock trading (no set trading sessions)
  • Wider-economy independence
  • Readily accessible sport information for all
  • Global trading stock exchanges

The global online sport trader is conveniently afforded time-zone irrelevant trading from an online trading environment that typically does not shut for trading.

With the world-wide following sport increasingly enjoys (activity is seldom subject to prevailing economic factors that affect conventional trading exchanges) and the substantial amount of publicly available information not subject to a privileged few, sport traders can finally compete on fairer terms with other traders.

Online sports trading on virtual trading exchanges provide a wonderfully unique cross over between conventional sports betting and real-world stock trading in essence; they combine many of the advantages of the two, in a single investment product.

The opportunities that exist on these virtual exchanges and the resulting advantages are too long to detail here but it is the hope of this article to spread further awareness and the investment advantages of sport trading because this is a viable form of investment worthy of promotion.

The Sports Trading Investor - games of strategy and skill, markets of excitement and opportunities. Providing informative resources to help make you become a winner!

Sports Coaching Success For Kids

Our precocious 5-8 year olds are tremendously active creatures. At this age group, anything physical in nature attracts their attention. You can try any sports and games for them, and they will take to it like fish to water. They just love sports. Now, that can become a problem when you start coaching them for peak performance in sports. When you start to introduce rules, practices, drills, conditioning, etc, resistance from them will come. But as a sports coach, you still need to have sports coaching success for them, despite their disdain for anything organized and conforming. Here is where some practical and effective coaching principles will help you succeed at inducing peak performance in sports in our young and dynamic kids and result in sports coaching success.

The first principle of sports coaching success for kids is to make your training competition based. When you start your session create teams right from the start. You might need to do this properly by grouping friends together. If anything, kids at this age love their pals and will be most unwilling to part with their friends. Creating team will set the stage for the rest of the session for sports coaching success. With these teams formed, centre your training on competition based activities. Devise a point system and let your groups know that they will have to outwit each other to earn points for their team. Eventually, there will be a winner and rewards for the winning members. Kids by nature love to win. By creating this form of competition within a training session, we are basically riding on their instinct to win to caused them to perform their best for peak performance in sports. Once they give their best in competition, sports coaching success will be easy. Sports coaching success will be further enhance if we adopt other principles as well.

To achieve sports coaching success for kids, your training will also have to adopt a game-based approach. This basically means that instead of planning drills for them, you will have to turn your drills into games for them to play. As I have mentioned earlier, kids love all form of game. When you have games with goals instead of activities that resemble drills, sports coaching success will be easier for you as a coach. The challenge here is to link all your games into a coherent training session that is smooth and exciting for the kids. You can ensure that sports coach success for kids happens with competitive games as well as infusing other principle into practice.

The third principle that is effective for sports coaching success is to have a reward system to anchor your training session. Make the rewards known right from the start, and regularly remind your charges of these during training. Being kids, they will find this every appealing and give their best for their respective teams at practice. Sometimes having rewards at various intervals of training is useful, but of course this entails more planning and logistical support. One other important aspect of reward that will enhance sports coaching for success in kids is to ensure that you deliver what you promise. Our kids will hold us to our promises of rewards very seriously. If we do not give a promised reward at the end, they will be very disappointed and will never trust you again.

As we motivate our kids with competition, games and rewards for sports coaching success, we must also provide continuity in our training programme by ensuring that we inspire and motivate them for future training session as well. At the end of the training session, we must link it to the next session to provide our kids with something to look forward to. The worse form of programme is to do something that is totally different from what has been done in the previous session. For example, if we have just completed basic dribbling skills today, a good link will be to provide a lead up into dribbling and passing. The next session must be made exciting as well for sports coaching success and peak performance in sports. For example, letting kids know that at the start of the next session, there will be a dribbling test whereby scores will be added on to the team's scores. This will mean that children are encouraged to practice at home so that when they return the next time, their skills would have improved to contribute significantly to the next game. This form of motivation and lead up to the next session is important for sports coaching success.

Sports coaching success for kids are a tall order for all coaches to achieve. The fact that our kids respond in very peculiar ways requires us really to think of strategies to make our training competitive, game-based, reward driven and smooth flowing, but most of all fun. After all, kids growing up need to have fun to learn. The key for a coach to have sports coaching success is to maintain the training for kids to be as fun as possible. Do not worry about peak performance in sports. It will follow when they have fun.

Jimmy Tong has been a Physical Educator for 13 Years in Singapore, with degree in sports science and physical education from Loughborough University in UK. He has extensive coaching experience in soccer, floor ball and rugby teams in Singapore Schools. He is currently a sports development officer in Singapore schools as well as an active contributor of sports training articles to improve sports performance in athletes.

For more information on achieving Peak Performance in Sports, visit the following site at http://esportspeaks.blogspot.com.