Can gambling be considered a "high risk investment"? - page 4.

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

Quote from: torry28 on January 01, 2017, 08:09:04 AM

Quote from: hajimasan on January 01, 2017, 07:25:12 AM

Quote from: poordeveloper on August 23, 2016, 07:22:57 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

Actually gambling is a game of 99% risk of money loss garranty . So here is not a matter to consider gambling as a high risk investment . And in investment we have the history of the investment foundation wether he is paying or not but in gambling everything is for loss .

Even though gambling has 99% chance for losing your money, there is still 1 % chance you could be rich from gambling, and there are few lucky apeople who successfully reach that. Gambling will considered a "high risk investment" if we invested our money and set to max kelly in a gambling site (IMO)

I think not all games that you only have 1% chance to make profit for getting rich if you are just betting small amount you can not be rich.. or betting in lottery can be rich with a small amount of bet but it is hard to win in that place..
Sports betting is much better than the other game that can gives you more chance to win depends in your skill and luck both are needed to be win in sports betting. it is easy to predict jsut to watch the game plays of every team and tips can also help you to choose ..

BALIK

copper member

Activity: 2254

Merit: 608

🍓 BALIK Never DM First

Quote from: poordeveloper on August 23, 2016, 07:22:57 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

There are many gambling sites that offering investment from their bankroll, I think the words "high risk investment" is if you directly invest in the gambling site but if you only play then the words "high risk investment" is not right, just like other said gambling is only game that we have play with money involve.

hurain

sr. member

Activity: 462

Merit: 250

Quote from: traderethereum on December 31, 2016, 04:14:05 AM

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.

yes i agree with you, i think there is no risk in gambling but the way we play gambling is responsible for gambling for example if we are putting high money in gambling for making more income so we are increasing the risk because there are more chances to lose my own money in gambling.

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: hajimasan on January 01, 2017, 07:25:12 AM

Quote from: poordeveloper on August 23, 2016, 07:22:57 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

Actually gambling is a game of 99% risk of money loss garranty . So here is not a matter to consider gambling as a high risk investment . And in investment we have the history of the investment foundation wether he is paying or not but in gambling everything is for loss .

Even though gambling has 99% chance for losing your money, there is still 1 % chance you could be rich from gambling, and there are few lucky apeople who successfully reach that. Gambling will considered a "high risk investment" if we invested our money and set to max kelly in a gambling site (IMO)

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: poordeveloper on August 23, 2016, 07:22:57 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

Actually gambling is a game of 99% risk of money loss garranty . So here is not a matter to consider gambling as a high risk investment . And in investment we have the history of the investment foundation wether he is paying or not but in gambling everything is for loss .

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: jamyr on December 31, 2016, 05:43:06 PM

To gamble is to take risk. But as The Pharmacist have said, the only way you can consider yourself as an investor in gambling sites, is if you invest in the bankroll. And investments dont have a house-edge to consider.

Well I agree that investing in the bankroll will give you some good profit every month. However, you must be wise choosing the right site in the right time. If you fail to invest the right casino, you will probably earn nothing for a whole month

jamyr

sr. member

Activity: 1764

Merit: 373

<------

To gamble is to take risk. But as The Pharmacist have said, the only way you can consider yourself as an investor in gambling sites, is if you invest in the bankroll. And investments dont have a house-edge to consider.

bitbob82

hero member

Activity: 630

Merit: 500

Quote from: traderethereum on December 31, 2016, 04:14:05 AM

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.

but the money we involve in gambling make the gambling a risk factor then the amount of bitcoin that we put for gambling increase and decrease the intense of risk if you invest a big amount then the risk is high and if you are going to invest a small amount then the risk is little low.

whizter

hero member

Activity: 588

Merit: 500

Quote from: traderethereum on December 31, 2016, 04:14:05 AM

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.

i think not only gambling but trading can also be consider as high risk investment specially if you have no experience and skill of trading, i think the risk is increase more if you also have no strategy for trading and gambling.

bhadz

hero member

Activity: 2520

Merit: 568

Payment Gateway Allows Recurring Payments

Quote from: whizter on December 31, 2016, 03:59:02 AM

Quote from: wuvdoll on December 30, 2016, 05:08:21 PM

Quote from: Kolder on December 26, 2016, 02:56:22 AM

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.

It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.

i think there are so many other risk factors, for example the type of gambling game. there is more risk in dice games as compare to sports betting, and your experience and gambling skill also effect your risk factors.

Yes that's true, dice games are riskier than sports betting. Because in sports betting it allows you to do some research and know the teams that you are going to bet your money and that's an advantage for you. By that way, many are thinking that their each bets are their very own investment in gambling which is seemingly high risk type of investment.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.

klf

legendary

Activity: 1344

Merit: 1000

Quote from: whizter on December 31, 2016, 03:59:02 AM

Quote from: wuvdoll on December 30, 2016, 05:08:21 PM

Quote from: Kolder on December 26, 2016, 02:56:22 AM

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.

It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.

i think there are so many other risk factors, for example the type of gambling game. there is more risk in dice games as compare to sports betting, and your experience and gambling skill also effect your risk factors.

Firstly I don't consider gambling as an investment because it is not and it is just a games with more excitement. You may or may not win money in gambling, and that depends only on your luck, not on any experience or other factors. You need an experience and knowledge to invest in other investments.

ged00u

hero member

Activity: 770

Merit: 500

Quote from: tabas on December 27, 2016, 05:40:32 PM

Quote from: J Gambler on December 27, 2016, 11:16:24 AM

Quote from: bitbob82 on December 26, 2016, 01:57:11 PM

Quote from: BTCdoaA on December 26, 2016, 03:13:34 AM

Gambling always come with a risk to loose , and the risk is getting higher at the current bitcoin price with a daily big increase so it is better to hold till the price of bitcoin steady at all level.

i think it do not need to stop gambling i think if you have fixed a limit for your gambling as i have fixed a limit comparing the value with bitcoin and then play it with according to my limit.

It is true gambling is always take risk that is 50/50 percent of winning and loosing you can't stop playing gambling you can't either fix your self to not being addicted on gambling once your start loosing you will start chasing what you've lost alreayd in gambling the higer of your temper to play the higer chance that you will gonna lose.

I don't that it is even a ratio of 50:50 for the percentage of your winning. Because in my opinion since, it is very high risk the chance of winning is only 20/80. As we know, there are gambling sites who have always the percentage which makes them the favor is always with them. And if you are going to chase your losses, you are the one that will be chased by them.

It is called the house edge. The house always setups the system which makes your chance of winning decrease less than 50%. And the more important thing which causes gambling riskier is your greedy. Players' greedy is the main key lead to the success of casinos. Gambling too much will make you lose more and more and more. It is hard to beat the house even you are a master in gambling

whizter

hero member

Activity: 588

Merit: 500

Quote from: wuvdoll on December 30, 2016, 05:08:21 PM

Quote from: Kolder on December 26, 2016, 02:56:22 AM

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.

It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.

i think there are so many other risk factors, for example the type of gambling game. there is more risk in dice games as compare to sports betting, and your experience and gambling skill also effect your risk factors.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: Kolder on December 26, 2016, 02:56:22 AM

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.

It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.

bitbob82

hero member

Activity: 630

Merit: 500

Quote from: Kolder on December 26, 2016, 02:56:22 AM

Quote from: Zadicar on December 26, 2016, 02:51:07 AM

Quote from: Ziskinberg on December 26, 2016, 02:45:52 AM

Quote from: Natalim on December 26, 2016, 02:13:33 AM

Quote from: MinerHQ on December 25, 2016, 09:02:12 PM

Quote from: ged00u on December 25, 2016, 11:34:29 AM

Quote from: dunfida on December 25, 2016, 11:08:13 AM

Playing gambling is not really an investment but only for entertainment and leisure times and we all know that investments are things that do gives us profits on long term basis and thats not possible on playing gambling itself unless if you have putted your money on the gambling house itself then it would be the time to call it as an investments.

Well, actually, sometime, we can consider gambling as a high risk investment. There are a lot of gambling masters who can get a decent amount from casino everyday and it does not surprise me at all. They know how to beat the house, how to mange their money and especially they have strategy which can make gambling become profitable

It is all our assumption but in reality not many people are winning money from gambling houses. If that is true we should have seen some of the gambling houses closed or making losses but we only see most of the time gamblers losing money. I don't consider gambling as an investment but it is pure entertainment paid games.

Hence, our way toward profit is when we chooses to side with the gambling house putting our investment rather than playing against them. It is not a secret to every gambler that house has the advantage so they win all the time, but we keep believing what is wrong because we don't accept the reality of our chances.

I do agree with it, therefore it is the right time now to save money that we can use for investment purposes, we cannot make a decent profit when we will not invest a decent amount as well. This is idea is only good for investors who can invest the amount required and those who can be satisfied with a small but consistent earning.

It is very serious, and in fact while investing in gambling sites, it will increase your bitcoins while the value is currently growing also.

Investing on gambling site is somehow a good idea and investors would surely put up money into the house specially on reputable gambling sites which do generate good profits on monthly basis.For me its also a high risk investment since all investment do have really risk on lossing money but its much better rather than on playing on the gambling site itself.

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.

yes no doubt about that that there is always involve risk in gambling but it depend on your bet if you put high bet then there is high risk but the winning amount will also be much more as compare to low bet.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: J Gambler on December 27, 2016, 11:16:24 AM

Quote from: bitbob82 on December 26, 2016, 01:57:11 PM

Quote from: BTCdoaA on December 26, 2016, 03:13:34 AM

Gambling always come with a risk to loose , and the risk is getting higher at the current bitcoin price with a daily big increase so it is better to hold till the price of bitcoin steady at all level.

i think it do not need to stop gambling i think if you have fixed a limit for your gambling as i have fixed a limit comparing the value with bitcoin and then play it with according to my limit.

It is true gambling is always take risk that is 50/50 percent of winning and loosing you can't stop playing gambling you can't either fix your self to not being addicted on gambling once your start loosing you will start chasing what you've lost alreayd in gambling the higer of your temper to play the higer chance that you will gonna lose.

I don't that it is even a ratio of 50:50 for the percentage of your winning. Because in my opinion since, it is very high risk the chance of winning is only 20/80. As we know, there are gambling sites who have always the percentage which makes them the favor is always with them. And if you are going to chase your losses, you are the one that will be chased by them.

Capradina

hero member

Activity: 756

Merit: 520

Quote from: 2double0 on December 27, 2016, 11:41:29 AM

Quote from: J Gambler on December 27, 2016, 11:16:24 AM

Quote from: bitbob82 on December 26, 2016, 01:57:11 PM

Quote from: BTCdoaA on December 26, 2016, 03:13:34 AM

Gambling always come with a risk to loose , and the risk is getting higher at the current bitcoin price with a daily big increase so it is better to hold till the price of bitcoin steady at all level.

i think it do not need to stop gambling i think if you have fixed a limit for your gambling as i have fixed a limit comparing the value with bitcoin and then play it with according to my limit.

It is true gambling is always take risk that is 50/50 percent of winning and loosing you can't stop playing gambling you can't either fix your self to not being addicted on gambling once your start loosing you will start chasing what you've lost alreayd in gambling the higer of your temper to play the higer chance that you will gonna lose.

The percentage that you are talking about, are not 50/50 but the odds that you get actually decide the percentage of winning or losing your bet.
So, the risk is decided based on that, but still chances of losing are always higher because house always tries to win and that's why, gambling is "high risk", but not investment.

Not all we think is right, but we can get what we want in the gambling if indeed we could control the game. How to control the game..?? , with we can control ourselves and make a remarkable trick. Because with it then I'm sure what we want in the gambling will surely have huge advantages. High risk in gambling is indeed we always get, but it could all be in minimalisir from work smart and we thoroughly, and also self control

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: poordeveloper on August 23, 2016, 07:22:57 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 would probably get better results if you walked into a casino, threw your money on the floor, then turned around and walked out! At least you'd be benefiting by saving on the transaction fees. Probably wouldn't affect your expected ROI as badly either.

EDIT: I'm kidding...don't really try that....they're both bad ideas!

2double0

legendary

Activity: 2618

Merit: 1105

Quote from: J Gambler on December 27, 2016, 11:16:24 AM

Quote from: bitbob82 on December 26, 2016, 01:57:11 PM

Quote from: BTCdoaA on December 26, 2016, 03:13:34 AM

Gambling always come with a risk to loose , and the risk is getting higher at the current bitcoin price with a daily big increase so it is better to hold till the price of bitcoin steady at all level.

i think it do not need to stop gambling i think if you have fixed a limit for your gambling as i have fixed a limit comparing the value with bitcoin and then play it with according to my limit.

It is true gambling is always take risk that is 50/50 percent of winning and loosing you can't stop playing gambling you can't either fix your self to not being addicted on gambling once your start loosing you will start chasing what you've lost alreayd in gambling the higer of your temper to play the higer chance that you will gonna lose.

The percentage that you are talking about, are not 50/50 but the odds that you get actually decide the percentage of winning or losing your bet.
So, the risk is decided based on that, but still chances of losing are always higher because house always tries to win and that's why, gambling is "high risk", but not investment.

Topic: Can gambling be considered a "high risk investment"? - page 4. (Read 11411 times)