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Topic: Can gambling be considered a "high risk investment"? - page 23. (Read 11411 times)

member
Activity: 90
Merit: 10
Dice or baccarrat is high risk investment. But Sports betting can be profitable, especially tennis, I like tennis betting and have profited a lot from tennis.

Welcome to my free tennis tips thread   https://bitcointalksearch.org/topic/m.16114253

Nishikori K. (Jpn)    Khachanov K. (Rus)
Simon G. (Fra)       Lorenzi P. (Ita)
Thiem D. (Aut)     Berankis R. (Ltu)   
Granollers-Pujol M. (Esp)  Murray A. (Gbr)    
Fognini F. (Ita)              Ferrer D. (Esp)       
Giannessi A. (Ita)            Wawrinka S. (Sui)       
Zverev A. (Ger)      Evans D. (Gbr)
legendary
Activity: 1806
Merit: 1024
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


I know these arguments are often made when criticizing the stock market, but I think this is an oversimplification. The central question is if the success on investing money in investment funds or, alternatively in gambling depends on chance alone. In general, most people believe that the success of investing in the stock market is not random, but depends on one's ability to correctly interpret information about the companies to make accurate predictions. I tend to agree with this view.

At the same time, not all gambling is alike. There are bets, whose outcome depends on chance alone (all dice games for example). But there are also bets, where real world information can be a predictor of the outcome (for example in sports betting).

So I think, whether you are investing in the stock market or gambling, you should always stay well informed about the underlying "game mechanics".

ya.ya.yo!
full member
Activity: 826
Merit: 105
Yes it is, especially if you are doing martingale in dice game
hero member
Activity: 3052
Merit: 685
Probably yes, it is so high risk investment because it is depend on your luck. So wear green if you are gambling to win the game. He he. Make plan also is an advantage to avoid error when betting. And also you need target profit to avoid temptation in your playing otherwise you will lose if you lose control.
No for me because investing in gambling site will guarantee you a big profit, you are betting with the house so you are guaranteed to win all the time, that is how it works so we should focus on this kind of investment.
sr. member
Activity: 644
Merit: 250
Probably yes, it is so high risk investment because it is depend on your luck. So wear green if you are gambling to win the game. He he. Make plan also is an advantage to avoid error when betting. And also you need target profit to avoid temptation in your playing otherwise you will lose if you lose control.
legendary
Activity: 2618
Merit: 1105
Gambling is definitely a high-risk investment because the only risk in gambling is, you might lose what you have never expected if you get addicted to gambling. Addiction here means you are trying to recover on your losses and lose even more.
hero member
Activity: 686
Merit: 500
Everybody aware that gambling are risky things. When gambling site try to make investation option , just make sure that gambling site already long run and trusted based on forum feedback or other legit social media.

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

I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest.

Without investment, we can not make money in any business. But investing in gambling is bit risk, we have to choose a good place to spend then only we can able to make a profit . And gambling is the not right place to invest your money, and it is just a game to enjoy your free time. People miss understanding this, and they are losing money in gambling that's it.

I'm wonder for some people able win big from gambling that change their life forever

Thats really true, every people understand how the gambling had affected users at instances. Only very few users have succeeded with big wins. As a gambler he needs a good number of bitcoin to place bet as well a mind to accept losses. In my opinion it also can be considered a high risk investment as it has got the possibility to give big win depending upon our prediction.
That's supposedly a given that there would only be a few people who will become successful in gambling.
Why? Because on the faces of gambling, there will always be more people losing than winning, because the amounts are only being transferred. Bitcoin isn't a high risk investment because you're not really investing in it, unless you bought a share of the casino, then that's investment. But if you're gambling as in just playing the game, it's not really investment.
sr. member
Activity: 288
Merit: 250
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I disagree. Because gambling can be an investment, if you use the right tipsters do not need to know about all sports and for a small amount of money you can expand your initial bank. For small amounts of investment I think it is better gambling  than traditional investments
gambling is not an investment at all because it is based on a pure luck, i think it is better not to do it if you dont like risking your money
full member
Activity: 140
Merit: 100
It definitely can be considered an investment - an investment only refers to something that may be profitable in the future, which for some people, gambling is.
hero member
Activity: 3052
Merit: 685
Definitely, it is a high risk investment because we are talking about serious money here, we have no limitation of the possibility of winning and losing therefore people will tend to gamble for more money which makes him expose to bigger risk.
legendary
Activity: 3234
Merit: 1214
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Everybody aware that gambling are risky things. When gambling site try to make investation option , just make sure that gambling site already long run and trusted based on forum feedback or other legit social media.

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

I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest.

Without investment, we can not make money in any business. But investing in gambling is bit risk, we have to choose a good place to spend then only we can able to make a profit . And gambling is the not right place to invest your money, and it is just a game to enjoy your free time. People miss understanding this, and they are losing money in gambling that's it.

I'm wonder for some people able win big from gambling that change their life forever

Thats really true, every people understand how the gambling had affected users at instances. Only very few users have succeeded with big wins. As a gambler he needs a good number of bitcoin to place bet as well a mind to accept losses. In my opinion it also can be considered a high risk investment as it has got the possibility to give big win depending upon our prediction.
legendary
Activity: 1862
Merit: 1015
Everybody aware that gambling are risky things. When gambling site try to make investation option , just make sure that gambling site already long run and trusted based on forum feedback or other legit social media.

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

I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest.

Without investment, we can not make money in any business. But investing in gambling is bit risk, we have to choose a good place to spend then only we can able to make a profit . And gambling is the not right place to invest your money, and it is just a game to enjoy your free time. People miss understanding this, and they are losing money in gambling that's it.

I'm wonder for some people able win big from gambling that change their life forever
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
maybe if you have money and you want to build casino or something like that, i think that is called "high risk investment". take a look on las vegas, rich people make their own casino and they make money from there. so they should get much profit from gambling investment. but if we don't own casino, then i suggest we don't invest on gambling. maybe we can lend our money to people which play gambling so we can get profit from that Grin
hero member
Activity: 532
Merit: 500
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

I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest.

Without investment, we can not make money in any business. But investing in gambling is bit risk, we have to choose a good place to spend then only we can able to make a profit . And gambling is the not right place to invest your money, and it is just a game to enjoy your free time. People miss understanding this, and they are losing money in gambling that's it.
legendary
Activity: 2674
Merit: 1048
Gambling is an investment, there are some people that profit from gambling especially if it is something like sports betting as skill can be applied to help increase the chance of placing a winning bet. Something like a dice however is purely based on luck, even strategies like martingale require luck.
gambling are not an investment , it is a super high risk investment if you insist to connect between gamble and this "high risk investment" , when you invest in something there always a risk but the risk there are not as big as in gambling.

the reason why gambling can considered as high risk investment are the risk and the return are equals or even greater . the usual investment are around 1 to 10% return only.
full member
Activity: 125
Merit: 100
I disagree. Because gambling can be an investment, if you use the right tipsters do not need to know about all sports and for a small amount of money you can expand your initial bank. For small amounts of investment I think it is better gambling  than traditional investments
hero member
Activity: 644
Merit: 500
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

I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest.
legendary
Activity: 1638
Merit: 1046
it shouldn't even be a consideration because gambling definitely is a high risk investment and you're more likely to lose money here. investing on something that banks on chance and luck is not a very good way to place your money on. there are a several other ways to invest your money in that would have you grow your investment and i don't gambling is one of them
In my opinion, the investment should even be out of it simply saying high risk is enough because that what gambling is as you have no input what so ever in the outcome whether its chance or someone somewhere is manipulating you, you have no idea. So if there is anything higher that that qualification, I will gladly accept...
In my opinion you will lose more in gambling than trading if we compare it they are difference experience because gambling give only entertainment and fun unlike trading that you are buying altcoin sell to have a profit..
So its more high risk in gambling..
sr. member
Activity: 406
Merit: 250
Gambling is an investment, there are some people that profit from gambling especially if it is something like sports betting as skill can be applied to help increase the chance of placing a winning bet. Something like a dice however is purely based on luck, even strategies like martingale require luck.
member
Activity: 110
Merit: 10
Gambling is not an investment - It's a form of entrainment.

If you want to invest money, do it in a business or in stocks or anything where you have an edge to win money.
It is clearly an investment if you invest in the house, investment in the sense because instead of losing your money in gambling you will be earning more money because of putting your money as bankroll of the sites, the income of a certain site will be shared accordingly base on the proportion of your investment.

But OP has mentioned that gambling is not an investment, and that is true. But if you invest on casino bankroll then that is different, and it will be a high-risk investment. People who are ready to take risks of losing money in the short term can invest in bankrolls and the long run, can make good profits.

What I was trying to explain is that in my opinion GAMBLING as a form of making money or earning a living is not even an investment, it's a way to give out your money. Gambling is meant to be for fun and to win some money or lose money you can afford to lose.

People sometimes say "Casinos are sh!t they take people's money" when as soon you get to a casino you'll see tons of "Gamble responsibility campaigns" everywhere. It's your choice if you want to suck in life and lose your money or invest in business or work in a 9-5 job and go and play with your spare money without any "real" risk of losing your monthly salary.

It all comes to being intelligent. You can make money gambling, but at the end, the house always win. Don't fool yourself.

If you like to gamble, do it for fun and entertainment. Some people like to spend their money in fancy restaurants and some of them like to spend it in the roulette, what's the problem when it's done with responsibility?
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