How do I get paid watching football games?

Sports trading has very similar characteristics to stock market. The main difference is that you will analyze games and their probabilities, which, in the stock market, is aimed at companies, analyzing their earnings.

Questions about sports trading

We have brought below some questions and answers most common for those entering the world of sports trading:

• Is sports trading a betting game?

It is not, it is characterized as an investment in sports shares. Thus, it is based on strategies and not luck.

• Is this legal?

All sports trading operations must be carried out online, therefore, legal. When, in the country of origin, in this case the United Kingdom, this activity is legal, by law, there will be no illegality in Brazil.

• How much can I earn?

There is no earnings limit. Everything will depend on how many operations are done per game and how much each one will yield.

• Are there any tips for a good investment in sports trading?

Yes. We separate the main paths Next:

1. Analyze the pre-game: before the start;
2. Analyze the game: during the game;
3. Have control of your emotions and maintain discipline;
4. Manage your finances: don’t spend more than you can;
5. Use the tools that are at your disposal, in the right way;
6. Study before you start.

• Is it necessary to declare income tax when making a profit from trading?

Yes, but you must declare the IR only when redeeming the money. What is declared is 15%, which must be paid in Brazil, via DARF, on a monthly basis. After this, the annual declaration must be exported to declare the capital gain with foreign currency.