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Topic: Are every activities/competitions with stake known to be gambling? - page 5. (Read 583 times)

hero member
Activity: 1148
Merit: 518
When you stake something with an expectation for a return, it is gambling. The return is not guaranteed and that is why gambling is a risk. The risk notwithstanding, people still engage in gambling because of the reward. If you are lucky, you win and get financial liberation and if you are not, you lose and sadly, the odds are always high that you will lose but people keep trying. Two persons can engage in the same activity and one is considered a gambler and the other not. The reason is one has placed money to stand a chance of increasing the money whereas the other is only participating in the activity for pleasure. For instance, some people watch soccer because money was placed on the game and some others watch simply because they enjoy watching soccer games. So, what comes to mind when the word gambling is mentioned is stake and reward.

member
Activity: 112
Merit: 4
When it comes to sports games or competitive activities with stake involved, it can be a bit tricky to define them as gambling. While there are risks and rewards involved, the main focus is usually on the competition itself rather than only chasing of profits. Gambling typically involves games of chances where as sports games and competition rely on skill, strategy and teamwork. So while there may be similarities in terms of stake and outcomes, sports games and competition are generally seen as separate from traditional gambling. It's all about the thrill of the game and the joy of competing.
hero member
Activity: 462
Merit: 472
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 lose the stakes.
Any activity in which you bet some amount with the projection of multiplying or increasing the money with an option of losing is gambling. It could take any form but as much as somebody will lose money and another gain, it is gambling. Every gambling involves some level of risk which includes losing all or some part of your stake. This is why it is always important to risk only what you can afford to lose. Gambling is both an activity to entertain and to also make a profit. I don't think there is any gambler who gambles solely for fun because nobody has the intention to lose money just for entertainment.
sr. member
Activity: 658
Merit: 384
Money is involved mate, that's the act of gambling, you have to risk something, either money or if the casino will accept valuable items it's up to them, still, it's all act of gambling.

Have you tried checking the meaning of staking in gambling? This will give you a more clearer meaning.

Competing for world cup or kinda is between two team, right? This is different, it's sport and gamblers can only bet on one side of the team as the actual winner, gamblers won't get the gold medal if the team they bet on wins, gamblers will get money if they win.

legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
So far you stake your money, it is gambling. In fact, that is what that makes it to be called gambling. Gambling means you are risking your money on betting. Gambling has been existing since the old age when there are no casinos and bookies.

If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
full member
Activity: 322
Merit: 146
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.
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