Can gambling be considered a "high risk investment"? - page 16.

hatshepsut93

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Quote from: poordeveloper on August 23, 2016, 08:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Gambling can't be viewed as investment because players always have negative mathematical expectation, and the whole point of investment is to get profit, so expected value should be as high as possible.
The only adventage gambling has is its speed - you can win or lose thousands in a seconds, there are cases when desperate people went to casino as a last resort to get money.

vino.gcs

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It depends.

On the money ratio involved in your total investment plan and how calculative your risks are. Well, finally you will just end up testing your luck anyway Tongue

pinoycash

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You cannot treat Gambling as a HYIP or investments, its a form of entertainment and a bad way to loose money.

kanazawa

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Gabling is not a investment jahhahhahah and it will never be... WtF! It could turn to a investment if you play professional poker, but, if you take the strict logic behind games only the house wins... Little by little but in a wide view, even if some people win money sometimes it's not even close to a investment.

Kotone

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Quote from: bitcoinpunter on October 07, 2016, 01:29:22 PM

Gambling is not investment. When you play on -ev events, youare gambling. Only sports betting and poker can be turned into investment if you are good. I do well with sports. I am posting my bets where i make $5000bets here https://bitcointalksearch.org/topic/best-full-stake-1010-unit-bets-for-today-1639120

It's like investment because you are puting money on it then the difference is you are going to play it win or lose and it considered as high risk there are no guarranteed that you can really make money with gambling. Betting on sports are considered as gambling also poker is high risk investment and considered as number gambling.

Harlot

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Quote from: klf on October 18, 2016, 08:35:09 AM

Quote from: fatima zuhra on October 13, 2016, 01:57:23 PM

to me as every kind of investment is risky but i thin gambling is a little more risky as in gambling luck play such an important role, and that is the reason that gambling is a little more risky than other investment.

Gambling is not at all investment, but it is just a games give you enjoyment, but these games are not free, you need to pay and play. But to keep thing more existing they put an option that you can also a win money if your lucky but chances are very less compared to losing percentage. So if you want to grow your money then invest some other places, not in gambling.

Investments are done in a long term duration, it is different from quick money and sure slow growth. With gambling there is a chance that you can lose all your money in one night in gambling there is also a chance of losing but you can cut losses as early as you see it turned out the way you don't want it to be. Gambling won't be ever be considered as a form of investment it is a risk that an investment would not have.

goldcoinminer

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Quote from: sana54210 on October 18, 2016, 08:41:16 AM

Quote from: gabmen on October 18, 2016, 08:08:47 AM

Quote from: bitcoinisbest on October 17, 2016, 02:22:05 PM

Well there is the best argument that in gambling there is no investment . Investment is something will in the coming time you will bear the fruits. In gambling you straight away within seconds know the result either you win or lose everything .

yeah, it's high risk definitely but not an investment. even highly experienced gamblers know that it's not for long term. you can easily get bankrupt is a snap of a finger, which should not be the case when you handle your money responsibly

Maybe gambling must be a risk investment with no possible returns.

Yes, expecting ROI is absolutely meaningless with gambling. Getting bankruptcy is the only return we could expect from gambling. Moreover, I personally never prefer to invest with an investment vehicle which already posses very high risks.

Still, I gamble by adding by some bitcoins for the purpose of bursting my stress. I simply believe in gambling for making me entertained when ever I feel so depressed. No other methods are entertaining me the most, that is the reason I stick with gambling even I regularly spend some money for my gambling.

I would not call gambling as an investment if I am just a player and my goal is to beat the house, it is only appropriate to call it as an investment when I invest in a certain gambling sites online that has an investment program, with that I do not consider this kind of investment as a high risk investment.

sana54210

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Quote from: gabmen on October 18, 2016, 08:08:47 AM

Quote from: bitcoinisbest on October 17, 2016, 02:22:05 PM

Well there is the best argument that in gambling there is no investment . Investment is something will in the coming time you will bear the fruits. In gambling you straight away within seconds know the result either you win or lose everything .

yeah, it's high risk definitely but not an investment. even highly experienced gamblers know that it's not for long term. you can easily get bankrupt is a snap of a finger, which should not be the case when you handle your money responsibly

Maybe gambling must be a risk investment with no possible returns.

Yes, expecting ROI is absolutely meaningless with gambling. Getting bankruptcy is the only return we could expect from gambling. Moreover, I personally never prefer to invest with an investment vehicle which already posses very high risks.

Still, I gamble by adding by some bitcoins for the purpose of bursting my stress. I simply believe in gambling for making me entertained when ever I feel so depressed. No other methods are entertaining me the most, that is the reason I stick with gambling even I regularly spend some money for my gambling.

klf

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Quote from: fatima zuhra on October 13, 2016, 01:57:23 PM

to me as every kind of investment is risky but i thin gambling is a little more risky as in gambling luck play such an important role, and that is the reason that gambling is a little more risky than other investment.

Gambling is not at all investment, but it is just a games give you enjoyment, but these games are not free, you need to pay and play. But to keep thing more existing they put an option that you can also a win money if your lucky but chances are very less compared to losing percentage. So if you want to grow your money then invest some other places, not in gambling.

gabmen

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Quote from: bitcoinisbest on October 17, 2016, 02:22:05 PM

Well there is the best argument that in gambling there is no investment . Investment is something will in the coming time you will bear the fruits. In gambling you straight away within seconds know the result either you win or lose everything .

yeah, it's high risk definitely but not an investment. even highly experienced gamblers know that it's not for long term. you can easily get bankrupt is a snap of a finger, which should not be the case when you handle your money responsibly

bitcoinisbest

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Well there is the best argument that in gambling there is no investment . Investment is something will in the coming time you will bear the fruits. In gambling you straight away within seconds know the result either you win or lose everything .

jaweria khan

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to me all kind of investment are really risky, there is no doubt about this, but gambling can be a little more, if yo have some good experience and skill of gambling only then you should go for gambling.

chixka000

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Quote from: newcoins1978 on October 17, 2016, 10:34:17 AM

I think that you can somehow say that but with a investment you can almost predict what you are going to get out of it if you have any knowledge about investing.
With gambling you are just taking a wild guess and see what will happen, it is completely random.

Your are right but that would goes on the other perspective in gambling. If you do think of building your own gambling site or invest for the bankroll of the certain sites then probably wild guessing would not be applicable yet still to be considered as a high risk kind of investment.

CyberKuro

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Quote from: newcoins1978 on October 17, 2016, 10:34:17 AM

I think that you can somehow say that but with a investment you can almost predict what you are going to get out of it if you have any knowledge about investing.
With gambling you are just taking a wild guess and see what will happen, it is completely random.

Gambling has high risk to lose your capital and it's not completely random I thought as you could still predict outcome in several games on sports betting, but I think investment is different thing when you sure it has high chance to give profits even though we can't 100% control of it and
unforeseen circumstances could make us get loss . so,
gambling = high risk to lose
investment = high chance to get profits

newcoins1978

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I think that you can somehow say that but with a investment you can almost predict what you are going to get out of it if you have any knowledge about investing.
With gambling you are just taking a wild guess and see what will happen, it is completely random.

fatima zuhra

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to me as every kind of investment is risky but i thin gambling is a little more risky as in gambling luck play such an important role, and that is the reason that gambling is a little more risky than other investment.

bitlancr

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Quote from: poordeveloper on August 23, 2016, 08:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

You can say that a bit but the thing is that you are just want the luck to be with you with investing you can somehow look a bit ahead and make a prediction on what might happen.
With gambling you cannot do that because it is completely random.

bithasher

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The way OP draw the picture by relating gambling to hyip investments schemes, looking strictly by remaining in that context then one should try gambling. I will do agree that at least you are trying to test your own luck. In one hyip loosing is obvious if you joined later but in gambling you can win also. Somewhat is good if we see them putting in one place.

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Quote from: ethereumhunter on October 08, 2016, 09:51:52 AM

Quote from: goinmerry on October 08, 2016, 04:24:10 AM

Could be. Actually it is. You use a lot of capital for it and there is this really big risk whenever you use it to play. Still it is not a good way to invest. Should be just for game and fun.

i think that its true because in gambling, we risk our money just to hope that we can win the games, if we are win, then the amount of money we can get is really big than our bet so i think gambling is considered a "high risk investment".

I think it would depend on the type of gambling. When you invest we should assume that you did some research and you think that the odds are in your favour. When I talk about odds here, I'm considering long term. So the investment might be hard to get, but since the return is so high, you expect to win in the long term. In gambling you don't really expect that. You are just trying to see how your luck goes, but you know that in the long term you will end up losing. Unless you are talking about sports betting or poker. In that case, since I think you can win long term in those games, then I agree and I would say it's the same as a high risk investment.

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Quote from: goinmerry on October 08, 2016, 04:24:10 AM

Could be. Actually it is. You use a lot of capital for it and there is this really big risk whenever you use it to play. Still it is not a good way to invest. Should be just for game and fun.

i think that its true because in gambling, we risk our money just to hope that we can win the games, if we are win, then the amount of money we can get is really big than our bet so i think gambling is considered a "high risk investment".

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