Topic: Are every activities/competitions with stake known to be gambling? - page 3. (Read 592 times)

Yeah I think I have even something like this before as a discussion topic. I am also skeptical about this idea of anything that money is stake as gambling but after the whole argument I seem the point from where others were going and I now understood so I just have this question about this thought which is what if me and spouse put money that which person is gonna actually be the first to finish eating something, can this also be classified as gambling.

I once read somewhere that said that games don't involve betting money, when two teams compete against each other and there is a prize for the winner of that competition, that's just a game. Players from these teams keep playing to score goals and win games. they are not sitting around making money bets on which team will win, which is why when we see countries that have banned gambling having football leagues and many sports, then we can easily see that that is the difference in gambling. The people who go to watch the games are not losing money because some team lost, they pay entry to the stadium. the players who are playing are also not losing money if they lose the game, because they have not bet money

They receive salaries every month, so realize that a football league, a World Cup, a car race, NBA games, and many other sports are not games of chance, they are just games. two people playing poker without involving money, they are just playing. but when both people bet money when playing poker then it is considered gambling and in some countries this could land people in prison. I think it is very important that people are able to understand these differences, especially if they are living in countries where gambling is prohibited. In my country there was a person who created a computer gaming machine, but the machine is very similar to slot machines

So the owner of the game always makes an effort to clarify to people that on that machine people play computer games, they don't bet anything, but the winner gets prizes. He then clarifies to people that it is not a game of chance, it is not a slot machine that is found in all parts of my country and that to play people they must put coins in the machine, and there are many people in my country who do not know about this. difference

Of course. People are making predictions on the outcomes of such competitive activities, therefore they are gambling on the potential results of the matches in order to know who is able to guess it correctly. That is what we call sports betting. It's just another category inside gambling industry which has become really popular nowadays through online apps and the sponsorship these platforms destine to sports' industry, especially soccer's leagues and championships.

Every events we don't have 100% assurance about their results can be bet on, and this very act is considered gambling.

Put it simple. You staked something with hopes of getting more in return and accepting the fact that you could lose it, that's gambling. An activity will not only be a gamble if you don't have any expectancy of getting anything if ever your assumption is either correct or not. For xample watching a basketball match and you assumed that team A will win. If you won't lose or gain anything from thaat assumption then that will just be an opinionated guess, nothing more and nothing less. But if there's someone who would oppose on your assumption and would be willing to put something as the consequence of wrong assumption, then that's gambling, in any form of reward of consequence there is after an assumption.
Term 'value' indeed or something which is valuable to the counterparty could be gambling. If no assumption differs and no agreement is formed but an exchange of things was done, then that's just a trade and that also means no risk is present on losing something and not getting anything out of a wrong guess.
But what if it has no value?

Perhaps some of your friends agreed that they'll allow you to punch them in the face if he had a wrong assumption on the outcome of a match. Is this gambling? Yes as well 'coz there is a presence of contrast with opinions and that there is a consequence and reward at the end of the game, which is again, could be in any form.

Yes, if there is staked "money" is involved or anything that has "value" to bet on, it will be called gambling.
But the event itself is for competition to determine who is the best on that field, and prize will be given to the winner. The organizers for betting are the one responsible why sports especially those super hyped, too many fan base sports are related to gambling.

I quite had a hard time understanding what you were trying to say. I think it's quite long for a simple question.

For me, it's gambling if you have a stake involved because if you have the definition of gambling, it's about involving or wagering something of value. If that something of value is at stake, then that is gambling. It's the intent of multiplying or increasing the value of your stake, whether it's a large sum of money or valuable goods. Mixed with the game of chance, it's definitely equal to gambling.

Are sports competitions with stakes gambling? There is a difference in the base of the action. Bets are mostly based on luck, but skill can help. Sports are mostly about skill. Bets make gambling more fun, but do they change what it is? Not really. It's still about skill, working together, and plan in sports

To support responsible gambling, it's important to tell the difference between sports betting for fun and the risks. understanding the odds, understanding your limits, and betting for fun instead of relying on it are all parts of responsible gambling. The fun is in taking part, not in winning. Stop blurring the lines between activities and see how they all add something different to our lives

I don't understand what's exactly in @OP's head to ask this kind question.

Are you want to not be called as a gambler by other people, so you're trying to find a way to make sure what you're doing isn't gambling?

@OP you're a gambler, everyone is gambler, they're risking their time (valuable isn't?) in order to get what they want e.g. getting certified, enter to university, get acceptance to work etc.

As the others have mentioned already. It should still count as gambling even if we're referring to other kinds of stakes aside from money since there are people and betting shops who would take those alternative bets as long as the stake holds some monetary value.

I remember we had a few threads about this specific situation and there was a case about a gambler who decided to bet his wife on the line.

It is possible to answer yes to the question you asked just with the sentence you stated here. If a bet is made on possible possibilities and as a result one side loses money while the other side wins money, this is definitely a gamble. For example, in a football match there is a possibility that one of the two teams will win the match and the possibility that the match will end in a draw. Betting money on any of these possibilities and losing or winning multiples of that money depending on the outcome is strictly gambling. To summarize, anything that involves making money through possible possibilities can be considered gambling because the goal is to make money through an unclear possibility or it is possible to lose all the money staked for that possibility.

This could end up in quite a lot of semantics. Basically, your definition is right, but I wonder whether it is redundant even a couple of times. Isn't as soon as we talk about stakes the idea involved that whatever we put in the middle is also at risk? Would it otherwise be called "stakes"?

So the shortest version could be "gambling is when stakes are involved, i.e. when something is at stake depending on certain outcomes".

Challenging activities or competitions, well rolling the dice isn't challenging in a certain sense, depending on what you exactly mean. But putting something at stake should be enough of a definition although it should be included that gambling involves randomness of the outcome.

Gambling is not always related to casinos and is not always related to sports betting, because every activity that has a bet in it, or a certain amount of money is wagered in it, then that activity can be called gambling and the person placing the bet can already be called a gambler. And betting or gambling is very easy to package in any form, including hobbies that we enjoy.

However, so that your gambling or betting activities are more effective, it would be better if you only bet in physical casinos or on online gambling platforms. Because by playing gambling at a physical casino or online casino, this can help you manage your time and a clear gambling budget. However, to prevent losses and other negative impacts, it is quite important for us to always set and enforce deposit limits, understand the risks involved in gambling, and maintain a responsible attitude towards gambling. In essence, we must be able to maintain gambling activities as a form of entertainment, which must be managed wisely.

Even if there is no money involved but something valuable is at stake based on the result of certain even can be called as betting so yeah it is gambling when two team stake their money for their desired outcome.

You can bring gambling anywhere for any activity with just a small amount at stake and it can be a friendly bet, the involvement of money for the outcome will elevate the thrill of waiting that we call adrenaline and that is what the people are urging which can be enjoyed.

If a stake is involved and it's at a casino then you don't need any further clearity to understand that you are in for gambling already, emphasis on the casino is because the only activities that goes on in such a place is only but gambling so any thing done inside the casino that will involve you staking it's nothing away from gambling.

Outside the casino it could be just a competition just like league games where there's a price at stake to be won such cannot be seen as gambling but then if two persons have predict the outcome of an even and stake an amount in that regards stating that whosoever the out come favours goes home with the whole money then such can be regarded as gambling. Gambling must have a characteristic of two persons putting something at stake and give the whole price to the winner meanwhile competition may not necessarily involve both parties putting anything at stake , a sponsor can put up a price and maybe participants pay a fee to join in on the competition.

This depends on the legislation of a particular country. For example, in my country for some time (short) poker was recognized as a sport, but then it was reclassified as gambling. I don’t know whether this is fair or not (there are arguments both for and against), but the fact remains - it all depends on the legislation. Even in computer games, loot boxes in some countries are simply part of the game mechanics, and in some countries gambling.

Have we gone past the point where definitions mean anything now?
Soon by this logic, being emotionally invested in a team you like will be gambling.

Maybe some orthodox priest or some Imam thinks this way too. That liking a team too much and perhaps praising them more than you do god, is akin to being a sin and should be avoided.
But come on, we're right here discussing gambling. I though we'd be beyond that by this point.
It's not worth it to try to over-analyze everything and generalize over these matters. Gambling is when some form of currency is involved and risked.
Just there being stakes between two teams doesn't make it gambling. Because by this logic every sports match is gambling in its own rite.

Traditional gambling involves luck, skill, and definitely betting. But esports throws a curveball. Sure, there's luck in some games, but meistens, it's all about mad skills and hours of practice. And while spectators might bet on who wins, the players themselves aren't putting down their own cash – they're fighting for a set prize.

So, is it gambling or competition? Maybe it's both, depending on the game, the players' skills, and if someone's betting on the sidelines. It's a spectrum, like spicy food – some games are pure skill like chess, while others might have a sprinkle of chance like racing games. Esports might be somewhere in the middle, depending on the flavor.

Not really, because there is a slight difference between the two, in my opinion, because traditional gambling does not usually apply to sporting events or competitive activities involving stakes between competing teams. Sports competitions, for instance, are focused more on athletic ability, skills, and plans than on luck. That being said, when we talk about gambling, we usually mean that it involves speculating with money or valuables in order to predict a result that is mostly based on chance.
After giving it some serious thought, I believe that even though sports betting is a type of gambling, playing sports is not in and of itself a gambling activity. I am aware that sports betting involves making predictions about how a game will turn out and then placing a bet on it. We must therefore make a distinction between the act of placing a wager on the result of a sporting event and the actual sporting activity. Because there is a component of chance and risk involved in making predictions, I think that is why some people believe that the latter fits under the gambling category.

If you did not use your own personal money or other people involved, did not use their money...it is a reward.

As long as you use your own money to stake on the game and you are expecting a big profit, or there is the risk that you can lose the money in which you use to stake,it is called gambling. Because there will be high expectations, and if you lose your money, you can feel bad, to the extend that you want to stake again to see if you can win back that money.

If you don't stake anything, you wouldn't care that much as the thrill wouldn't be there.

There is a difference between the two, gambling is pure luck, while in sports there is a level of skills and competitiveness teams are competing for the honor of their country, organization, or themselves, while in gambling you'll only represent yourself.
You can stake money in sports but the teams are vying more on honor and prestige, in gambling Honor and prestige do not exist, you are in front of the gambling table or dashboard if it's online, you're vying for your entertainment.
No casino will give you a medal or trophy aside from money and a congratulatory note.