Author name: Kekeletso Sekhothe

Your bankroll decides how long you stay in the game. Use this plan to size stakes, cap losses and apply the same rules to betting and options trading.

+200 is American odds. Convert it to decimal, work out the implied probability and see how an option premium prices the same idea in the markets.

Sports betting and options trading both reward a correct prediction. The costs, rules and risks are not the same. Here is how they compare for South Africans.