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Topic: Can gambling be considered a "high risk investment"? - page 11. (Read 11411 times)

hero member
Activity: 1820
Merit: 537
Gambling be considered and illness and lack of braincells. Why does anyone want to lose their money in teh hope of earning more while playing against the house will always win in the end. Crazy crazy
We can't blame them if they want to play and we have no claims on whatever they bet lose or win .They must know how risky to invest in gambling taking a chances to win by some skills and luck .Gambling house does not care about you your lose and what you play what matters most are the money they earn from you and other gamblers.
hero member
Activity: 770
Merit: 500
Gambling be considered and illness and lack of braincells. Why does anyone want to lose their money in teh hope of earning more while playing against the house will always win in the end. Crazy crazy
The reason is that we are human and human always have an illusion that they can have a bigger money by putting only a small amount. We can not insult them for being like that. The only thing we can do right now is to convince them that gambling is not always as good as we thought and we must give up on gambling or we will be poor forever
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
Gambling be considered and illness and lack of braincells. Why does anyone want to lose their money in teh hope of earning more while playing against the house will always win in the end. Crazy crazy

We can't blame those people if they chose to gamble and take risk their money and hopes for some earnings. Don't you just worry about them and don't mind their own business if they think that gambling is a good way to invest their bitcoins. But there is a way to make gambling as a true investment by investing to the bankroll casino's.
hero member
Activity: 826
Merit: 502
Gambling be considered and illness and lack of braincells. Why does anyone want to lose their money in teh hope of earning more while playing against the house will always win in the end. Crazy crazy

Well, there are people that are "risk-takers". Even in life, you would have to take decisions that require taking a risk and it's actually one of the ways for you to improve throughout life. Gambling can't be considered as an illness because all of us want to have fun for some time and maybe even bet in some games. Even you, for sure you have bet something in your life. I wouldn't believe you if you say no. Gambling has become a very common thing in the society today.

They don't lack brain cells, because if they do, then they wouldn't be able to gamble at all.
legendary
Activity: 1484
Merit: 1004
I don't see how gambling is different from trading Smiley

Gambling is different from trading in way that in gambling you will simply bet your bitcoins and play some games in your own choice. And in trading, you are the one that will choose the alt coins that you wanted to buy and you think that has the chance to pump in the future that will give you some profit. But gambling and trading are the same when it comes to risk.
trading is predicting the outcome (price) and gambling is predicting the outcome (game event)
it's pretty similar , you can say both is just a same thing
and also about gambling can be considered as high risk investment it's true i agree
gambling is a short term investment but with a higher risk level.
full member
Activity: 154
Merit: 100
Gambling be considered and illness and lack of braincells. Why does anyone want to lose their money in teh hope of earning more while playing against the house will always win in the end. Crazy crazy
sr. member
Activity: 630
Merit: 267
Just follow the rules
I think yes, you just basically described gambling, a high risk investment. Everything which includes a chance, can be considered gambling, and that includes buying stocks, and trading, that kind of stuff. So as these can be considered investments, gambling is actually one kind of high risk investment, but the risk is actually very high, i.e, there are more chances of losing than that of gaining.
Gambling is already a high risk investment where you are going to play or include your money with a chance of loosing it or to win the prize. In buying stocks you could minimize your lose there right? not like in gambling you can't really know how much you lose for the first day of playing gambling. Everyone wants to win and don't want to lose this too are good but risky.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I don't see how gambling is different from trading Smiley

Gambling is different from trading in way that in gambling you will simply bet your bitcoins and play some games in your own choice. And in trading, you are the one that will choose the alt coins that you wanted to buy and you think that has the chance to pump in the future that will give you some profit. But gambling and trading are the same when it comes to risk.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
I don't see how gambling is different from trading Smiley

Trading is trading with actual stocks that will grow or fall in value according to events in the real world
It is risky, but when it's tied with outter events, it is an investment, because it is related to those things, it is inclined if USA invades a middle eastern country and they start selling dirt cheap oil, the prices of oil will fall
Gambling is a random outcome of numbers, nothing else
There is no knowledge needed to predict what's going to affect what, only strategies that probably don't have an purpose except for a delusion you'll beat the house long term

Short term win is possible , win and get out  Wink
full member
Activity: 234
Merit: 101
I don't see how gambling is different from trading Smiley
hero member
Activity: 1918
Merit: 564
I think yes, you just basically described gambling, a high risk investment. Everything which includes a chance, can be considered gambling, and that includes buying stocks, and trading, that kind of stuff. So as these can be considered investments, gambling is actually one kind of high risk investment, but the risk is actually very high, i.e, there are more chances of losing than that of gaining.

If you are saying that  setting up a Gambling Casino is a high risk investment then I can say yes it is.  Even with house edge, there is no assurance that the house will always win.  Aside from that, if a high roller hit a jackpot, it is possible that the house can be drained of its bank roll.  It does not happen few times but actually it happen several times.  This is one reason why several Online casino shuts down because of bankruptcy.
legendary
Activity: 938
Merit: 1002
I think yes, you just basically described gambling, a high risk investment. Everything which includes a chance, can be considered gambling, and that includes buying stocks, and trading, that kind of stuff. So as these can be considered investments, gambling is actually one kind of high risk investment, but the risk is actually very high, i.e, there are more chances of losing than that of gaining.

You know many people not agree with it, that gambling is an investment. But you have different opinion, and i also agree on it, that if we consider that gambling is a high risk investment, than only because of when we play it to investment wise, I mean, we should keep in mind that we should mustily earn from gambling, That's why we can call it is high risk investment.   
There will be no big mistakes if you are able to get returns from your investments. As long as you are profitable with your investment then you are highly blessed to continue that.

Unfortunately gambling investments are not profitable to any gambler. We know the fact of why we should gamble. So spending for gambling could never be an investment. But you can invest there and get back some fun. No refund.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
I think yes, you just basically described gambling, a high risk investment. Everything which includes a chance, can be considered gambling, and that includes buying stocks, and trading, that kind of stuff. So as these can be considered investments, gambling is actually one kind of high risk investment, but the risk is actually very high, i.e, there are more chances of losing than that of gaining.

You know many people not agree with it, that gambling is an investment. But you have different opinion, and i also agree on it, that if we consider that gambling is a high risk investment, than only because of when we play it to investment wise, I mean, we should keep in mind that we should mustily earn from gambling, That's why we can call it is high risk investment.   
member
Activity: 168
Merit: 11
Back from the Dead!
I think yes, you just basically described gambling, a high risk investment. Everything which includes a chance, can be considered gambling, and that includes buying stocks, and trading, that kind of stuff. So as these can be considered investments, gambling is actually one kind of high risk investment, but the risk is actually very high, i.e, there are more chances of losing than that of gaining.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Gambling is definitely high risk but I wouldn't call it an investment. Some betting games are purely chance while others do require some skill. Even those are hard to call an investment unless you are very good at them.

Indeed,gambling is a high risk investment if you consider it as an investment .I do not consider gambling as an investment, unless you invest on the sites that will give you a share or dividend say twice a year.
Most sites allow you to withdraw your investment at any time.

So does gambling  Cheesy

However, gambling is a luck game.

You wouldn't consider a lottery ticket an investment, would you?

An investment is something you invest in, something that operates a business that will possibly bring income and you will get your share
Gambling doesn't fall under this definition
It would be an investment if you deposited a bankroll for a casino, and expected returns
That is an investment

Depositing to gamble isn't an investment, but a gamble, aka. a luck game with a risk factor
hero member
Activity: 896
Merit: 527
₿₿₿₿₿₿₿
Gambling is definitely high risk but I wouldn't call it an investment. Some betting games are purely chance while others do require some skill. Even those are hard to call an investment unless you are very good at them.

Indeed,gambling is a high risk investment if you consider it as an investment .I do not consider gambling as an investment, unless you invest on the sites that will give you a share or dividend say twice a year.
Most sites allow you to withdraw your investment at any time.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Gambling is definitely high risk but I wouldn't call it an investment. Some betting games are purely chance while others do require some skill. Even those are hard to call an investment unless you are very good at them.

Indeed,gambling is a high risk investment if you consider it as an investment .I do not consider gambling as an investment, unless you invest on the sites that will give you a share or dividend say twice a year.
legendary
Activity: 1456
Merit: 1005
Playing in gambling and investing in gambling it's very different. If we gamble in my opinion that's not including investments, since gains in getting the investment it can be obtained in a row. Very different from gambling that the gains depends on luck and it is uncertain.
it's really a different gambling into gambling investment other says that if you can't really defeat gambling the joined them since you are loosing too much money why don't you try to invest. If you think that you can really grow money there gambling with gambling investment are included i think? if there an game there an investment.

You mean investing in a gambling sites bankroll here?

Well the profit here is really a sure one but it will really take a long journey before we can see a decent profit since only a less percentage are given to those bankroll investors.
Yes you can get sure assurance that your money are growing per month for 5 percent and that's good when you can really defeat there website and mke profit there then joined them there are lot's of descent investment website that offer less percentage but 100% sure,.

But you should remember one thing that no sites will give any assurance that they can give you some minimum fixed % of profits on your investment on their bankroll. Sometimes you may lose money in your investments in the short term, but in the longer run, you will make a profit. But you should invest only on well-trusted sites.
hero member
Activity: 910
Merit: 500
Playing in gambling and investing in gambling it's very different. If we gamble in my opinion that's not including investments, since gains in getting the investment it can be obtained in a row. Very different from gambling that the gains depends on luck and it is uncertain.
it's really a different gambling into gambling investment other says that if you can't really defeat gambling the joined them since you are loosing too much money why don't you try to invest. If you think that you can really grow money there gambling with gambling investment are included i think? if there an game there an investment.

You mean investing in a gambling sites bankroll here?

Well the profit here is really a sure one but it will really take a long journey before we can see a decent profit since only a less percentage are given to those bankroll investors.
Yes you can get sure assurance that your money are growing per month for 5 percent and that's good when you can really defeat there website and mke profit there then joined them there are lot's of descent investment website that offer less percentage but 100% sure,.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
Gambling is definitely high risk but I wouldn't call it an investment. Some betting games are purely chance while others do require some skill. Even those are hard to call an investment unless you are very good at them.
Maybe you don't just get it dude, this can be called investment if you will put your money in the bankroll of a certain gambling sites. And actually that is profitable as most of the gamblers loses because of the housed edge, so when you side them you can guarantee a profit.
Nope he is right, Gambling can't be considered as a form of investment, as Investing takes long for you too see your gains you can relate trading to gambling though, also as you have said that you have to side with which has an edge to guarantee profit isn't it considered as lessening your risk and he is asking if gambling is a high risk investment.
There are two type of way to use gambling, and when you are having fun and just play for it that is not called as investment but entertainment. And surely, when one said gambling investment, it should be something we are putting our money in the bankroll of a certain gambling site.
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