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Topic: Can gambling be considered a "high risk investment"? - page 12. (Read 11390 times)

hero member
Activity: 1806
Merit: 672
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.
hero member
Activity: 952
Merit: 500
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.
sr. member
Activity: 364
Merit: 254
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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.
legendary
Activity: 1484
Merit: 1004
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

First of all, gambling is never called an investment because it is not made to earn money, but it is made give you entertainment. But this is a paid entertainment, so you have to spend the money to get fun. But to make more exciting these games they put an option that gamblers can win huge amounts if they are lucky but that doesn't mean that players should chase the luck.
sometimes gambling can considered as an investment you know
for example when you bet on sports especially football
you pick one season long bet on who will win the league
during you wait the outcome for one season almost 1 year , this kind gambling considered as a half investment and half gambling.

Yes I agree but it only applies on sports betting because there's a higher chance for you to win those games. But there's no guarantee to win all the time. Just play safe when you gamble.
no if you bet on something like dice or slots it still you can considered as high risk investment
a very short high risk investment exactly
you are investing your money for a couple minutes and get a return after that
it's makes sense isn't it to consider gambling as high risk investment?
legendary
Activity: 2282
Merit: 1035
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

First of all, gambling is never called an investment because it is not made to earn money, but it is made give you entertainment. But this is a paid entertainment, so you have to spend the money to get fun. But to make more exciting these games they put an option that gamblers can win huge amounts if they are lucky but that doesn't mean that players should chase the luck.
sometimes gambling can considered as an investment you know
for example when you bet on sports especially football
you pick one season long bet on who will win the league
during you wait the outcome for one season almost 1 year , this kind gambling considered as a half investment and half gambling.

It is good example, of gambling that is closer to investment, than investment in something that can easily not work out, because of mistake or incorrect analysis.
In my opinion we have to separate high risk gambling (like slots machines) from low risk gambling like sports betting, and then we may find a way to agreement.
hero member
Activity: 910
Merit: 500
It surely depends of course. If you do play then you are so wrong about considering that one as an investment  but if you do obviously invest on the house then of course it could now be considered as a high risk investment. It is on a high risk category because you can really not guarantee a success.
hero member
Activity: 644
Merit: 500
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

First of all, gambling is never called an investment because it is not made to earn money, but it is made give you entertainment. But this is a paid entertainment, so you have to spend the money to get fun. But to make more exciting these games they put an option that gamblers can win huge amounts if they are lucky but that doesn't mean that players should chase the luck.
sometimes gambling can considered as an investment you know
for example when you bet on sports especially football
you pick one season long bet on who will win the league
during you wait the outcome for one season almost 1 year , this kind gambling considered as a half investment and half gambling.

Yes I agree but it only applies on sports betting because there's a higher chance for you to win those games. But there's no guarantee to win all the time. Just play safe when you gamble.
legendary
Activity: 1484
Merit: 1004
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

First of all, gambling is never called an investment because it is not made to earn money, but it is made give you entertainment. But this is a paid entertainment, so you have to spend the money to get fun. But to make more exciting these games they put an option that gamblers can win huge amounts if they are lucky but that doesn't mean that players should chase the luck.
sometimes gambling can considered as an investment you know
for example when you bet on sports especially football
you pick one season long bet on who will win the league
during you wait the outcome for one season almost 1 year , this kind gambling considered as a half investment and half gambling.
hero member
Activity: 910
Merit: 1000
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

First of all, gambling is never called an investment because it is not made to earn money, but it is made give you entertainment. But this is a paid entertainment, so you have to spend the money to get fun. But to make more exciting these games they put an option that gamblers can win huge amounts if they are lucky but that doesn't mean that players should chase the luck.
hero member
Activity: 1036
Merit: 514
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

You are completely wrong my friend!
Gambling is not made only to lose! When you play, you always have chance to win (sometimes more, sometimes less, but always something..)
And on investment you always can lose.. Sometimes it is about information, sometimes about no skills and/or no experience, but always can happen something that can ruin your investment.
That's right, some people that I know have made nice profits by gambling. whether in gambling or investment you have chance to win or lose but high risk on gambling of course. However, we can conclude gambling as high risk investment, the difference just investment has bigger chance to get profits than gambling.
full member
Activity: 205
Merit: 100
Yes it is even if you calculated it carefully there's still some error to your calculation and not 100% . Sometimes you have to lose so you would know next time that it is wrong and remembering that lesson will make you a good bettor/gambler in the future.
hero member
Activity: 1918
Merit: 564
From the word gambling itself we can tell that it involves not an ordinary risk but a very high risk that involves losing all your money, social aspects, relationship and even yourself.  If you play smart and does not involve yourself too much, you can only lose money but if you become attached to gambling and addictive, you can even lose everything including your sanity.
hero member
Activity: 1204
Merit: 500
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

You are completely wrong my friend!
Gambling is not made only to lose! When you play, you always have chance to win (sometimes more, sometimes less, but always something..)
And on investment you always can lose.. Sometimes it is about information, sometimes about no skills and/or no experience, but always can happen something that can ruin your investment.
you are right. Well, not all gambling is made to make people who play to lose. If gambling is made for things like that, then no one is interested in gambling games. in fact, for someone who is not lucky in gambling like me, breathing a few times to win. I think you just have not been gambling. although gambling can not be said to be an investment with enormous risks, it does not mean gambling is made to make your money runs out, right?
legendary
Activity: 2282
Merit: 1035
the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose

You are completely wrong my friend!
Gambling is not made only to lose! When you play, you always have chance to win (sometimes more, sometimes less, but always something..)
And on investment you always can lose.. Sometimes it is about information, sometimes about no skills and/or no experience, but always can happen something that can ruin your investment.
member
Activity: 90
Merit: 10
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the question is : can be "high risk investmen" called gambling
and the answer is NO, gambling is made for you to lose Smiley
investment - win or lose
legendary
Activity: 2282
Merit: 1035
In what I observed it is a high risk investment if you are betting on a higher amount and you are not winning anything for the average of every time you bet on it. It is a high risk because you are now losing a lot of money than winning something. If you are losing, you are just wasting your time, effort and money. If you don’t know how to win it, you are risking your entire life on it.
and how can you say it is an investment if you are not gaining any profits from it, i guess my definition for investment is i'm expecting profits coming from that particular investment, so if you are gambling your money and you are not a pro and most of your bets are losing i can't consider it as investment but totally wasting time and money, maybe much better to gamble with spare btc and spare time to enjoy but not to aim gaining profits.

Perhaps gambling does not fit directly into the definition of investment, but ..

I think that the risk in gambling can be compared to investment trust. If our confidence on the investment is 50/50 , we can easily say that it is a "high risk investment" - similar risk occurs when playing roulette black / red.
hero member
Activity: 756
Merit: 500
In what I observed it is a high risk investment if you are betting on a higher amount and you are not winning anything for the average of every time you bet on it. It is a high risk because you are now losing a lot of money than winning something. If you are losing, you are just wasting your time, effort and money. If you don’t know how to win it, you are risking your entire life on it.
and how can you say it is an investment if you are not gaining any profits from it, i guess my definition for investment is i'm expecting profits coming from that particular investment, so if you are gambling your money and you are not a pro and most of your bets are losing i can't consider it as investment but totally wasting time and money, maybe much better to gamble with spare btc and spare time to enjoy but not to aim gaining profits.
member
Activity: 88
Merit: 10
In what I observed it is a high risk investment if you are betting on a higher amount and you are not winning anything for the average of every time you bet on it. It is a high risk because you are now losing a lot of money than winning something. If you are losing, you are just wasting your time, effort and money. If you don’t know how to win it, you are risking your entire life on it.
hero member
Activity: 1820
Merit: 537
Of course . ambling game is one of the investments that have a very high risk.  Here we could lose all the money we have. so then gambling is a matter that requires a very high level of patience.
I dont think gambling needs very high patient more than patient it needs more a self control ,because if you can't control yourself you will lose all your money .thats more important than patient .some games are not to high risk but it needs also a control. The worst result of gambling is if you can't control yourself and you are so addicted to it.
hero member
Activity: 1638
Merit: 505
Of course . ambling game is one of the investments that have a very high risk.  Here we could lose all the money we have. so then gambling is a matter that requires a very high level of patience.
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