Alot of HBO is on netflixBetter is subjective. Netflix is a strong worthy competitor for sure with it's own original programming. HBO for me happens to be a little better, I like their original programming (and have many many years). I like their boxing and other sports shows like Outside the Lines, Real Sports....
I use Netflix in a different way. When there is a specific series I want to watch from them I subscribe for one month and watch it all, and maybe other things not available elsewhere. Then do not subscribe again till there is more I want. HBO has more continuing shows and things I watch.
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