Investing in stocks, when done right, can be one of the most financially savvy moves you can make in your life. Around 33% of people in the UK own stocks, with around half of people unsure if they’ll ever invest. Sports betting is one of the best ways to get involved with this kind of investing, so today, we’re going to look at some of the best sports betting companies to invest in right now. Let’s get started.
- Flutter Entertainment
Flutter Entertainment PLC is one of the biggest global sports betting companies in the world, created originally through the merger of Betfair and Paddy Power. Their stocks have been performing incredibly well recently, and given their enormous global success—they bring in revenue of almost £2 billion each year—you can be sure that it’s a smart investment.
Monitor the price and see if you can buy at even a slight dip. Though this might be more of a long term investment, those are the kinds of investments you want to make. Put some of your money into Flutter Entertainment and let it sit for a few years—and you may have a tidy profit to come back to.
- William Hill
William Hill is certainly one of the leading and biggest sports betting companies in the UK and according to sites like Topbettingsites Ireland, they are one of the leading football bookmakers in Ireland. Some have been betting against William Hill in recent years, but this is to a degree precisely why it’s a good idea to invest now. Stocks have gone down somewhat, leaving you with a cheaper stock price to pay.
William Hill is firmly established and will continue to be profitable in the UK for years to come. They make profits of around £14-15 million per year, and since William Hill was acquired by 888, their success has only grown.
This is definitely a good stock to look out for.
- DraftKings
DraftKings is by a good way one of the younger companies on this list. They certainly might not have the experience behind William Hill or Flutter, but they’ve more than proven in the short time they have been active that they know how to bring in a profit. DraftKings had around 8 million users as far back as 2017, and its stocks have been as high as 200% up at times.
With such success in only a short time, DraftKings is surely a solid investment for you to make.
- Tintra PLC
Tintra is another company with a wide portfolio covering a great many topics. Gambling is one of their more recent additions, and since they brought sports betting into the fold, their prices have skyrocketed by around 350%. Timing is crucial here, as you may want to watch the stock for a while and look for a dip before you buy. No doubt, growth is going to be steadily upwards for Tintra.
They have a market capitalization of around $35 million USD, and have a 52-week price range of $45-$375. There’s plainly a lot of movement in this stock, which is why I’d urge caution rather than jumping right into it. There’s a tactical choice around timing to be made here.
- Gaming Realms PLC
Finally, we have Gaming Realms PLC. Their market capitalization is around $71 million, but their 52-week price range is a lot more stable, between $20 and $37. This one could certainly be a safe choice if you’re looking for a less volatile stock to invest in. They are certainly a smaller operation, bringing in around £4 million in revenue each year.
If you’ve never invested in stocks before, something like this at a low price to get you started is a great choice. Invest a small amount and see how it can grow. Gaming Realms PLC can clearly hold their own in the sports betting industry.
There’s infinite opportunity out there for bountiful investing if you can take the time to find it. Of course, investing in stocks comes with all the same caveats that betting does. You never know how things might turn out, so don’t invest more than you can afford to lose. If you can do it right, you can turn a small seed investment into serious money.