Can gambling be considered a "high risk investment"?

Mr. Big

global moderator

Activity: 2310

Merit: 1176

While my guitar gently weeps!!!

Quote from: Sponsoredby15 on January 12, 2017, 03:19:07 AM

Absolutely NO! A big NO for me, there are two difference about gambling and investment for me. In investment you have a 90% sure that your money will grow but GAMBLING lets make it 50% sure for money but its a risk and its not investing your wasting if you lose!

They have similarities, though you mentioned those percentage, they are still the risk and risk whether small or big, if it hits you negatively you lose... One thing is very common in gambling and investment, it's too easy to enter but too hard to get out pulling along you the money you invested in it... Their only difference is the way you lose money in them...

Sponsoredby15

sr. member

Activity: 644

Merit: 250

Absolutely NO! A big NO for me, there are two difference about gambling and investment for me. In investment you have a 90% sure that your money will grow but GAMBLING lets make it 50% sure for money but its a risk and its not investing your wasting if you lose!

ICOGuru

member

Activity: 123

Merit: 10

Quote from: OrangeII on January 12, 2017, 03:00:40 AM

I think gambling is not the type of investment. gambling is a very risky game, but has a very large gift. in contrast to investment, in the gambling game, you the one who controls it happens, you can make it into a profit or be a detriment.

Depends what kind of gambling. By definition gambling is risky.

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: OrangeII on January 12, 2017, 03:00:40 AM

I think gambling is not the type of investment. gambling is a very risky game, but has a very large gift. in contrast to investment, in the gambling game, you the one who controls it happens, you can make it into a profit or be a detriment.

I think it is the same as investment in the sense that you could make a fast deposit in it and both are risky, they both could make your money perish. Definitely it don't give you any gift, gambling isn't giving you any gift, you always pay for what you want in gambling. Investments too could put you in control of your money and just lure you that if you invest your money longer they will give you good ROI too.

OrangeII

hero member

Activity: 2072

Merit: 503

#SWGT PRE-SALE IS LIVE

I think gambling is not the type of investment. gambling is a very risky game, but has a very large gift. in contrast to investment, in the gambling game, you the one who controls it happens, you can make it into a profit or be a detriment.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: grandy on January 11, 2017, 06:21:43 PM

Quote from: dunfida on January 07, 2017, 03:51:36 AM

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

to me i think gambling can be consider as high risk investment. gambling is infact a type of investment but the most risky investment, because in gambling there is a very little role of your experience and your skill and you mostly depend on your luck in gambling. and no one can be lucky for every time.

What makes you lower the risk is by putting your money in gambling sites bankroll, investing is very profitable compared to making your journey of betting a professional gambler. Though the rate of return is not that attractive for people who can only afford a small amount of bankroll but it's constant. Anyway, we have our choice on what to do as long as we know the risk exposure of our venture.

grandy

sr. member

Activity: 378

Merit: 250

Quote from: dunfida on January 07, 2017, 03:51:36 AM

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

to me i think gambling can be consider as high risk investment. gambling is infact a type of investment but the most risky investment, because in gambling there is a very little role of your experience and your skill and you mostly depend on your luck in gambling. and no one can be lucky for every time.

Thaliron

member

Activity: 87

Merit: 10

Yes I think that it can be considered as high risk investment because its very risky, gambling is based on luck and due to that very risky right ?

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: Gameroid on January 11, 2017, 12:15:53 PM

yes that is a fact that gambling can be consider as high risk investment. gambling is totally depending on luck. there is no concern of experience and skill therefore it is mostly consider as high risk investment.

Only a fool consider this as a high risk investment, this is nothing close to an investment . You lose money in here while investment suppose to get you more money in return. This is a very lame statement given that you should know very well that this depends on your luck and most of the time people are not lucky to win

Gameroid

hero member

Activity: 798

Merit: 501

Quote from: mrbigmugs on January 08, 2017, 04:39:22 PM

Quote from: ged00u on January 07, 2017, 04:14:10 AM

Quote from: dunfida on January 07, 2017, 03:51:36 AM

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

IT is correct, I never consider gambling as a type of investment although there are many people think that it is. In general, gambling is just a collection of games which closely relates to the luck. While gambling, you can have some extra profit, however, you can never beat the house edge. They will always know how to obtain money from you. That's not what investment is.

yes it is right to say that gambling can be consider as high risk investment, although all types of investment, and trading are also risky but still gambling can be consider as more risky as compare to trading and investment.

yes that is a fact that gambling can be consider as high risk investment. gambling is totally depending on luck. there is no concern of experience and skill therefore it is mostly consider as high risk investment. i will suggest to play gambling in a limit and never try to play without planing and limit.

poplolnman

legendary

Activity: 1442

Merit: 1008

Quote from: bajing on January 05, 2017, 04:04:37 PM

Quote from: poplolnman on January 05, 2017, 02:42:25 PM

Quote from: mirakal on January 04, 2017, 08:53:58 AM

Whatever definition we have in our mind, we will agree that we all do that because of money, we want to gamble due to the fact that we want fast and easy money, but it does not happen at all. While in trading, it's more legit to be consider as an investment because you invested your money with whatever asset you want (preferably bitcoin) and in times you can sell it for profit you trade it back to fiat.

a lot of similar things actually , but gambling of course aren't an investment . it's more to something that can earn you fast money with easy way. while investment required more work. both are indeed have same concept on getting additional money .

Yes i think for those who have thought that gambling is an investment they are wrong and so is of the view that can get fast money from gambling is also wrong, nothing is easy in a gambling luck was clear very decisive.

but still a lot of people come to a casino and gamble there to make a quick cash. not an investment at all , gambling should be done in certain game while investment just storing value and hoping to get profit by its increment . couldn't agree more for those people who not consider gambling as investment, it's misleading honestly.

mrbigmugs

sr. member

Activity: 247

Merit: 250

Quote from: ged00u on January 07, 2017, 04:14:10 AM

Quote from: dunfida on January 07, 2017, 03:51:36 AM

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

IT is correct, I never consider gambling as a type of investment although there are many people think that it is. In general, gambling is just a collection of games which closely relates to the luck. While gambling, you can have some extra profit, however, you can never beat the house edge. They will always know how to obtain money from you. That's not what investment is.

yes it is right to say that gambling can be consider as high risk investment, although all types of investment, and trading are also risky but still gambling can be consider as more risky as compare to trading and investment.

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: piloder on January 07, 2017, 01:15:50 PM

In sports betting you need to have deep knowledge regarding sports in which you are going to put your money. And as sports can have lots of unpredictable results, even sport experts can't predict result exactly most of the time.

However in sports betting your result depend upon the team in which you are betting on rather than solely in luck like in gambling.

If you can't stop yourself and keep playing with bigger size when you won, you will end up losing all what you have made really fast.

By summarized, if you are capable of consistently making profits out of sports betting then you may assume your gambling as a high risk investment.

Because, to consider anything as the investment we must look at the possible returns. If gambling in sports betting gives you consistent returns then there will be no harm in considering it as your high risk investments.

piloder

legendary

Activity: 966

Merit: 1006

Quote from: megynacuna on January 06, 2017, 03:57:19 PM

I'm addicted to sports betting and haven't turned out enough profit as I anticipated prior to joining. We make the profit today and lose them tomorrow.

In sports betting you need to have deep knowledge regarding sports in which you are going to put your money. And as sports can have lots of unpredictable results, even sport experts can't predict result exactly most of the time.

However in sports betting your result depend upon the team in which you are betting on rather than solely in luck like in gambling.

If you can't stop yourself and keep playing with bigger size when you won, you will end up losing all what you have made really fast.

dunfida

legendary

Activity: 3080

Merit: 1131

Quote from: ged00u on January 07, 2017, 04:14:10 AM

Quote from: dunfida on January 07, 2017, 03:51:36 AM

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

IT is correct, I never consider gambling as a type of investment although there are many people think that it is. In general, gambling is just a collection of games which closely relates to the luck. While gambling, you can have some extra profit, however, you can never beat the house edge. They will always know how to obtain money from you. That's not what investment is.

True,we cant really beat the house no matter what even we play gambling too hard and the reality of losing is always there.Therefore,if we invest on the house we could somehow assure ourselves to make money on that investment its not too big though compared to gambling profits but still its a nice decision.Gambling games should really be treated as an entertainment.

ged00u

hero member

Activity: 770

Merit: 500

Quote from: dunfida on January 07, 2017, 03:51:36 AM

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

IT is correct, I never consider gambling as a type of investment although there are many people think that it is. In general, gambling is just a collection of games which closely relates to the luck. While gambling, you can have some extra profit, however, you can never beat the house edge. They will always know how to obtain money from you. That's not what investment is.

dunfida

legendary

Activity: 3080

Merit: 1131

Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Vinaa77 on January 07, 2017, 02:17:38 AM

I am very averse to investing because many bitcoin lost in investment. I am more interested in gambling because it can monitor me alone. if I lost I would feel. but in contrast to investment

Would you care to check the reasons why they lost in a specific investment? It's our decision and it's on us, we must be very careful when it comes to investment, we do not see the future and we do not control them. Just think that you are also gambling when you are investing, but make sure you have a great winning percentage so you can expect a great return. Putting your money in gambling sites bankroll is always profitable if you put in a trustworthy.

Vinaa77

sr. member

Activity: 1344

Merit: 311

I am very averse to investing because many bitcoin lost in investment. I am more interested in gambling because it can monitor me alone. if I lost I would feel. but in contrast to investment

boyptc

hero member

Activity: 2982

Merit: 678

★Bitvest.io★ Play Plinko or Invest!

Quote from: nikilavi on January 06, 2017, 06:28:01 PM

I guess you kind of make sense as there is still a high risk involved but in gambling if we lose money it's not the site's fault as gambling is luck so not always someone can win but if someone invest in these so called hyip site and lose money will it will be the person fault as he shouldn't have been greedy for a high return and used his brain

HYIP's are total scam and it is better if you are not going to invest any of those type of investment and it is much better if you are going to invest your bitcoin in gambling by investing to their bankroll casino. Even though the high risk that is op talking about is, your profit will depend on the profit of the whole site, its like a profit sharing investment.

Topic: Can gambling be considered a "high risk investment"? (Read 11350 times)