Pages:
Author

Topic: Are every activities/competitions with stake known to be gambling? - page 4. (Read 583 times)

sr. member
Activity: 966
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.

However you tends to define gambling, it would be incomplete if stakes, risks and challenging activities (competitions) are not mentioned.

You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.

Every activity that requires money and stakes are called gambling, no matter what type of game is that, if there's monetary value involved and risking any amount, then that's gambling. Even those sports betting activity, many people didn't recognize that as a gambling but for me, it is. In my own opinion,  no matter which angle you look at it, you still spent money and took out money to bet. Even if we say that it's just a typical sports game, since you've used money and you're competing with the bet of the opposite group, isn't that considered gambling?
legendary
Activity: 2310
Merit: 1075
Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.
just to be clear, you are talking about sports tournaments or other competitions, right? if so, no, it's not, just because something has a "stake", "loser" or a "winner" does not automatically mean that it is gambling. there is a fine line that differentiates competition and gambling, just because they have similarities does not mean they mean the same thing.
sr. member
Activity: 308
Merit: 340
Jolly? I think I've heard that name before. hmm
Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.

However you tends to define gambling, it would be incomplete if stakes, risks and challenging activities (competitions) are not mentioned.

You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.

Gambling is an activity that involves betting money on something. So if there is no money in it then it is not gambling. Gambling always involves two parties where one wins and the other loses, so there is risk and money in every gambling

If we bet money on a match then it is gambling, but if we are football players and take part in the match then it is not gambling even though when we win the match we will get a prize.
copper member
Activity: 2758
Merit: 1163
Leading Crypto Sports Betting & Casino Platform
However you tends to define gambling, it would be incomplete if stakes, risks and challenging activities (competitions) are not mentioned.

You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.

Sports or other activities is not the gambling itself. Your act of placing money as bet for the result against someone or a casino is the gambling part. Even gambling games such as slots, card games and other games that you can see in a casino can’t be considered as gambling if there’s no money involved when you play it.

It’s important to know that the act of placing bet using real money is the gambling and not the games or activities you are betting. You can apply gambling in any activities or games as long as there is a minimum of 2 party involved to place a stake on it.
full member
Activity: 1120
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
Sports games and competitions with stakes aren't usually seen as gambling because they depend more on skill and strategy than pure luck. In gambling, chance plays a bigger role but in sports, it's about teamwork and skill.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
More like everything now can be subject to gambling. In our everyday lives, I'm sure there is a conversation between you and your friends about gambling something, betting on which side is going to win or not, which is faster or not. Even without money involved, everything could be considered gambling if you are choosing between two sides: who will win and the other one who loses gets punished or what. So everything now can be subject to gambling, including all sports. Thats why many applications are born because sports betting now a days has become a demand, and they also notice that many people watch or want anything about sports. And it will be their target audience or players, and because of that, they sure will be attracted to bet and waste money because it is also in the nature of humans to have something to stake or to like the feeling of gambling.
hero member
Activity: 1218
Merit: 556
Leading Crypto Sports Betting & Casino Platform
Too thin a canvas to call every high-stakes competition gambling. Competitive sports have victors, losers, stakes, and hazards. Isnt life like that?

Sports and competitions with stakes arent gambling in the traditional sense. Why? Because skill, strategy, and perspiration are involved. Its not enough to gamble and hope for luck. Passion, teamwork, and preparation are involved.

Helping fun gambling is like eating dessert every day - delicious in proportion and with a little responsibility. Thus, stakes sports incorporate gambling but dance in a separate ballroom. They stand out with their skill-chance choreography. Remember, life is too short not to enjoy the game, so dont blur the lines.
sr. member
Activity: 2436
Merit: 324
Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.

However you tends to define gambling, it would be incomplete if stakes, risks and challenging activities (competitions) are not mentioned.

You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.
Of course it would be called gambling on which anything that do involves betting or staking then it would be surely a gamble on which you are risking something which it isnt limited to money but also into other posessions on which it would really be that causing for you to neither gain or loses up something then it would really be just that basically gambling on which it is really just that a normal thing that a gambler or staker would really be that wary about losing or gaining something on whatever the outcomes that it would really be giving or showing. This is where thrill would really be able to felt on the time that you do know that you do stake something on which gamblers cant really be able to feel out that excitement if they do know that they cant be able to gain up something on the choices that they had made on.
hero member
Activity: 2352
Merit: 588
Bitcoin Casino Est. 2013
-snip
Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.
Gambling involves playing games of chance for money or taking risky action in the hope of a desired result.
When individuals place bets on the outcome of sports games or competitive activities, that act can be considered gambling, as it involves staking something of value on an uncertain event with the hope of winning something else of value.
So, sports games or competitive activities themselves may not be gambling, betting on their outcomes would be.
legendary
Activity: 2772
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
You don't need to go to a casino and gamble to be said to be gambling, because everything that is at stake is gambling, even simple things when making guesses with friends with the winner or loser doing this and that can already be said to be gambling, so gambling is actually done almost everyone, even if it doesn't involve money, children who bet with their friends just by betting on candy or other trivial things is gambling.
Including when you trade without trading skills, it can be said to be gambling because you are just guessing and there is something at risk in this case, so gambling has been around for a long time, only now maybe we think gambling is when playing in a casino using money.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
You know that opinion on this differs right?

Not every one agrees that money has to be involved before it is called gambling.

This is one topic I started last year that really showed that opinions on what gambling is and is not really differs from person to person.
Without money, does it still qualify as gambling?

Quote
Have you heard of Superpicks on DSTV? where you can make predictions and win money without staking your money?

if you have not, check it out. Superpicks.com

My question is can it still be called gambling if it is not played with money?
Making predictions without using your money to either win or lose is not gambling. There is no different opinion about this. If you are gambling, it means you are putting your own money at risk in order to either win or lose in a bet, like on bookies and on casinos. If you disagree, it means you disagree to what other people are posting and also you disagree to what gambling actually is. People do not gamble for free.

Yes, that is true. Sorry, I might also add, not only money but other valuables that we have such as gold or cars and even houses. If we risk an item of value and fiat value in a competition, it is also gambling. I have encountered many offline gambling methods like this in my environment, and sometimes they end badly.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Try playing a game without money involved. It's as boring as waiting for the water to boil. Cheesy
It's gambling because there is money involved, a risk glued unto it so that we will feel the losing part and the winning part. It's a rollercoaster of emotion just putting something on the line, especially for those who earned their money through hard work. They don't want their money to be sucked into the black hole of online gambling in an instant, they want to feel that adrenaline when they are chasing losses or getting greedy.

Every activity with any type of gambling. Like when I was young we used to bet for just a big bottle of soda for a 16-point half-court basketball game. We play as hard as we can just for that prize and because we don't want to buy them anything as it will be a waste of money. We would rather win so we can drink that refreshing soda.
That's still gambling in a different way. There's something on the line although it's not directly money. The losing team will still need to buy that big bottle of soda at the end of the game.
Somehow a bet makes a person different. His emotions are hyped and he will do anything to win a game. That's what gambling can do for us and it's actually entertaining.
legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
You know that opinion on this differs right?

Not every one agrees that money has to be involved before it is called gambling.

This is one topic I started last year that really showed that opinions on what gambling is and is not really differs from person to person.
Without money, does it still qualify as gambling?

Quote
Have you heard of Superpicks on DSTV? where you can make predictions and win money without staking your money?

if you have not, check it out. Superpicks.com

My question is can it still be called gambling if it is not played with money?
Making predictions without using your money to either win or lose is not gambling. There is no different opinion about this. If you are gambling, it means you are putting your own money at risk in order to either win or lose in a bet, like on bookies and on casinos. If you disagree, it means you disagree to what other people are posting and also you disagree to what gambling actually is. People do not gamble for free.
hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
~
If money is involved. Aka you spent money to earn money. And if said activity, competitive or not, involved a certain amount of luck or to be more specific, the majority of it. Otherwise, it would be a competitive activity instead. There are other instances where luck isn't necessarily a major part of the result, such as sports gambling since you can certainly win bets there with pure skill. But it doesn't remove the fact that there are still factors where luck plays in these types of instances.

Now in the US there's something called a sweepstake where people can participate without money involved but still win money, which I guess doesn't conform to what gambling is. Afaik though the "without money" part is only for the US, other countries, even if they had sweepstakes, still ask for fees similar to how lotteries work.
hero member
Activity: 2828
Merit: 575
Leading Crypto Sports Betting & Casino Platform
Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.

If there's money involved and you are putting your money on the line to bet it's called gambling whether you're doing this to make money or out of entertainment

Quote
However you tends to define gambling, it would be incomplete if stakes, risks, and challenging activities (competitions) are not mentioned.

You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Remember, there would be a winner to be rewarded and a looser to lost the stakes.
If there is no money involved and teams are vying for pride, prestige, and honor then it is called competition, on sports the best teams who excel based on their performance are the ones that are honored I consider this as vying for excellence, but if you are a spectator and you are betting your money in any one of the team then its called gambling, there is a big difference, you cannot call a basketball league as a gambling platform because they are vying for physical excellence and not only for money, money is just an incentive for defeating the other team
sr. member
Activity: 504
Merit: 283
So far you stake your money, it is gambling. If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
You are correct but staking doesn't necessary have to be money. It could be something as precious and valuable to you like your BRABUS 800, or your limited edition Patek Philippe 5303 Minute Repeater Tourbillon, your pent house. It could be something not valuable like a footwear, a pen, an eye glasses You get it. To put, once anything  is staked on an event whose outcome determines a loss or a gain of the stake, that is simply gambling.

Quote
Gambling means you are risking your money on betting.
Exactly. Once you stake and there is a risk involved that is gambling.
legendary
Activity: 1246
Merit: 1071
If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
You know that opinion on this differs right?

Not every one agrees that money has to be involved before it is called gambling.

This is one topic I started last year that really showed that opinions on what gambling is and is not really differs from person to person.
Without money, does it still qualify as gambling?

Quote
Have you heard of Superpicks on DSTV? where you can make predictions and win money without staking your money?

if you have not, check it out. Superpicks.com

My question is can it still be called gambling if it is not played with money?


hero member
Activity: 2478
Merit: 621
Leading Crypto Sports Betting & Casino Platform

Remember, there would be a winner to be rewarded and a looser to lost the stakes.

You already given part of the answer to your question.

The difference is if someone organise a competition or an NGO or group of people or even government where the host money is not coming from the competitors but they are only called upon to participate and win prices both consolidation price then it is not gambling because those involved in it didn't contribute towards the awards or winning prices, they just came to participate and benefit from the competition then it is not gambling but competition.

There are differences between competition and gambling. A competition does not only encompass games, there are academic competition and other types of competition that is not gambling.

Hence, if you have contributed money together to have game where you will give price to parties then it is considered as gambling because if you don't win you are losing your money or material contributed. The most clearer aspect of gambling is when you stake your money to gamble to win a greater money higher than what you have staked, like we know in offline or online gambling.
sr. member
Activity: 854
Merit: 267
Leading Crypto Sports Betting & Casino Platform
I don't think it's gambling, but a race that has legal rules about it.
In gambling games, there is an element of profit that depends on luck (luck) or the skill/smartness of the player. Apart from that, gambling games also involve betting.

For example, if you play chess because you take part in a competition and get money as a prize when you win a chess game, then this cannot be said to be gambling.
It's different if you see other people playing chess, then you bet with your friend that A or B will win, then that action is gambling. Betting carried out by people who are not participating in the competition is gambling.

Thus, based on the explanation above, every game or game that contains betting elements which can be in the form of money or property, where the winnings or profits are based on luck, can also be because the players are more skilled/trained, then the action is gambling.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
It doesn't matter if you gamble against the bookie or against someone you meet, whatever it is, when you bet on a game and use money it is called gambling, everything that is wagered can definitely be in the form of money or other things , it will still be called gambling, so talking about Gambling is not only about sports, in fact many games can be called gambling when you play them and also risk real money, unless you gamble using fake money or some kind of DEMO.

Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.
I think everyone knows that this activity must be based on one's own personal desires, but back to the goal of each person, there are those who want to gamble to pursue profits or just to have fun, everyone has a different view on this matter so we shouldn't either. forcing anyone to have the same view as us, only reminding them that gamblers who aim to pursue profit usually cannot control themselves when gambling, so on average gamblers who chase profit always end up not well, such as gambling addiction, which is different from those gamblers who only just for fun.
Pages:
Jump to: