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Topic: Can gambling be considered a "high risk investment"? - page 7. (Read 11411 times)

legendary
Activity: 3080
Merit: 1292
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Gambling- Investment HAHAHA
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Hahaha I thought the same thing its more like charitable donations to those who already have a shit load of cash. The cows that just keep giving huh?
It's like that to you because you are not enjoying gambling, but for us people who manage to enjoyed ourselves despite losing an amount in gambling, we do not consider it as we are wasting money, the fun or the entertainment that you get is worth for the money you spend, and you can only feel that if you are purely gambling for fun and not for money.
full member
Activity: 154
Merit: 100
Gambling- Investment HAHAHA
 Grin Grin Grin

Hahaha I thought the same thing its more like charitable donations to those who already have a shit load of cash. The cows that just keep giving huh?
legendary
Activity: 2674
Merit: 1048
Gambling is investment only for casinos and who made gambling sties. And also it is a high risk investment only for them not for us. Otherwise you and me we are players, and our amount is used in gambling, So we can earn or loss only, So that's why we can't say that it is investment for us, But for us, gambling is only a game, we play it for money, but if we lose than satisfied to us, that gambling is enjoyment place.
i think op's understanding about gambling are equal to high risk investment because of the HYIP services form which in my opinion it is not gambling at all but more to a scam service, the fastest person who invest in HYIP they will get the investment in profit, otherwise it will just be a charity.

don't fall into something too good to be true things that offering you a high return, it is scam, prefer to do a pure gambling games.
legendary
Activity: 1442
Merit: 1025
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 cannot put all the houses in one scale, although it is a fact that most of the hoses have the edge of winning, but I think there are some gambling games in which the house are helpless and you can make money in such game if you have some good strategy about gambling,
hero member
Activity: 644
Merit: 500
It's never an investment. Why do a lot of people consider it as an investment. Gambling is so high risk that you should not even consider this as a way to earn money. Investments has higher chances of profiting without a fixed chance like gambling. In gambling the more you play the likely-er you will lose, statistics has proven this time and time again.
I agree with you mate.. it will never be good for investment. And some people do gamble to make a few buckets for profit.. but some also do play for fun and entertainment. The risks is always there when you gamble because your money might lose in a blink of an eye.. it's a 50/50 chance when you do gamble.. so that's why it's not good for investment.
hero member
Activity: 896
Merit: 514
It's never an investment. Why do a lot of people consider it as an investment. Gambling is so high risk that you should not even consider this as a way to earn money. Investments has higher chances of profiting without a fixed chance like gambling. In gambling the more you play the likely-er you will lose, statistics has proven this time and time again.
legendary
Activity: 1792
Merit: 1283
I don't think that it is a good idea to call it even a "high risk investment" because really gambling is an investment with -EV, guaranteed. If you consider that even an investment then I really don't think that you are sane Smiley

However gambling is high risk. Extremely high risk.
That really depends what you call gambling, sportsbetting and poker are some forms of gambling that could be +EV.
Another example would be winning a big progressive jackpot and calling it quits after that, not that this would happen often but just to say that gambling isn't always guaranteed to be -EV.
hero member
Activity: 1302
Merit: 540
Gambling is not an investment. You can make an investment in gambling if you deposit in the bank roll of the  house; the more you contribute, the more the return. It is really worth it for a long run because as the day pass by it is keep on growing. But it will also depend on the traffic of the site and if there are a lot of players betting...
considering that we can really earn coming from gambling investment since the house has been design to win but there's still some risk since big players also got lucky to win much bigger stake when they play inside the gambling site so better check the bank house that you will place your money in order for you to recover in case such things happen like what mate said the more we place money or btc the more we will able to collect in the future just treat your investment as a forgotten money for you to able to gain much bigger its a long term as in long term for us to feel the profits gladly.
hero member
Activity: 812
Merit: 500
Gambling is investment only for casinos and who made gambling sties. And also it is a high risk investment only for them not for us. Otherwise you and me we are players, and our amount is used in gambling, So we can earn or loss only, So that's why we can't say that it is investment for us, But for us, gambling is only a game, we play it for money, but if we lose than satisfied to us, that gambling is enjoyment place.
full member
Activity: 141
Merit: 100
Gambling- Investment HAHAHA
 Grin Grin Grin
hero member
Activity: 3024
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For me, gambling can be considered a high risk investment because you will never know when it would stop from running or operations. Investing in gambling sites is a long term one, it needs a big capital if you want a big profit too of course.

Gambling is always considered as a high risk investment you are taking the risk that you will lose and you will accept the reality, Gambling don't needs a big capital to start and win a big profit it always needs a good strategies always remembered that.

It is a truly high risk investment only if you are a gambler and you are always depending your income with gambling but if you are an gambler investors and you have invested into a lot of bankroll casino's then probably you are doing good. No matter high risk type of investment gambling is, it doesn't matter because you can secure yourself with a lot of ways to earn.

Exactly it doesn't depend if it is risky or highly at risk . Gambling is definitely a risk, we rush our money in order to win. There is only two outcomes that make it really risky that is to win or lose in the highest possible bet we could ever do.

And also gambling can make you poor immediately if you aren't going to gamble responsibly. But there are gambler's who attain to make gambling as true investment for being a simple gambler and always hopes their profit base on their luck but that's kind a hard way of living. Better to find some other profitable investments, as indicated above.
hero member
Activity: 2464
Merit: 594
Gambling is not an investment. You can make an investment in gambling if you deposit in the bank roll of the  house; the more you contribute, the more the return. It is really worth it for a long run because as the day pass by it is keep on growing. But it will also depend on the traffic of the site and if there are a lot of players betting...
sr. member
Activity: 266
Merit: 250
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I don't think that it is a good idea to call it even a "high risk investment" because really gambling is an investment with -EV, guaranteed. If you consider that even an investment then I really don't think that you are sane Smiley

However gambling is high risk. Extremely high risk.
hero member
Activity: 882
Merit: 500

You have actually a point but i would like to disagree since its better to have investment rather than choosing gambling over it. Yes it has the chance of make winning big amounts but we all know that chances of lossing is much higher therefore we cant still guarantee. Hoping for big winnings dont work anytime.I would surely choose investment even if it would give me profits for long term atleast on constant basis.

And if that is the case, we will only choose those investment that can take us for more profits and can run in a long term. Somehow in the first place, we choose to invest in those assets that we already know the possible risk we will face.

Gambling is actually can considered as high risk investment since we use the word "gambling" where money can come and go. So why gamble for high risk if we can minimize it the wiser way. So choose only the nvestment which we really have knowledge of so that we can take the usual risk.
yeah , I agree but I think both of them are same if you are doing without skill and without information about the site at which you want to gamble or investment .
Instead of going with gambling you should go with investment at trusted place where chance to loss Bitcoin is very less .
hero member
Activity: 3024
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I think that high risk investment founds are basically the same as gambling. Just in gambling there is more fun and it's look like a game. As in high risk investment as in gambling the human came prepared with the idea "all or nothing" and the final is similar - all or nothing.

It is a game, you will play for your money in whatever gambling game of your choice. But many are misleading by this term about gambling, because many thinks that gambling is an investment which is basically not. And they are just thinking that gambling is a type of high risk investment, because of its system that it is a game basing on the luck of players.
what about to bet on one season long in sportsbetting?
as you put your money for at least 1 year and expecting to get profit in the end of the season,
i mean like to bet GSW to win NBA or Manchester united to win the league,
it all sounds like an investment isn't it?

Hmmm, I can't disagree with that. You are probably investing for GSW for the whole season which sounds good and that is good to be considered as investment. But I haven't done this before even for my favorite team. Did you bet for this type of playing mate?
legendary
Activity: 3122
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You have actually a point but i would like to disagree since its better to have investment rather than choosing gambling over it. Yes it has the chance of make winning big amounts but we all know that chances of lossing is much higher therefore we cant still guarantee. Hoping for big winnings dont work anytime.I would surely choose investment even if it would give me profits for long term atleast on constant basis.

And if that is the case, we will only choose those investment that can take us for more profits and can run in a long term. Somehow in the first place, we choose to invest in those assets that we already know the possible risk we will face.

Gambling is actually can considered as high risk investment since we use the word "gambling" where money can come and go. So why gamble for high risk if we can minimize it the wiser way. So choose only the nvestment which we really have knowledge of so that we can take the usual risk.
hero member
Activity: 2856
Merit: 667

Though gambling has got the highest risk of losing, has also got the highest winning possibility. Even with investment one needs luck to have the stock market in the growth. Only then can earn good whether the investment is long term or short term. Gambling with luck is successful than investing for long and waiting to earn good.

But in overall it will result to lower chances compared to winnings, in fact we have seen people suffered because of gambling while it's rare to see people celebrating and bragging us here that he became rich because of gambling. Few have thank while many have complain, I guess that explains our chances in gambling a lot.
legendary
Activity: 3122
Merit: 1140
For me, gambling can be considered a high risk investment because you will never know when it would stop from running or operations. Investing in gambling sites is a long term one, it needs a big capital if you want a big profit too of course.

When it comes to investing, to gain a lot, you always have to invest a lot. That makes main difference with gambling. In gambling or the lottery, you can always hit the jackpot and win a lot with little bet. That is what attracts people.

I don't know if you've noticed, but there is one more interesting difference:
When we talk about investment we use word "earn", but when we think about gambling we use word "win" Wink
That means with investing it's profitable but when in gambling only if you win, but most of the time we loses because we do not have the edge. The two is really different and we cannot have it with one meaning, we invest to earn and do gambling to win but if not it's fine as long as we have fun.

Since it's a high risk investment, we should consider the amount of money we put to be our possible loses due to low chances.

Though gambling has got the highest risk of losing, has also got the highest winning possibility. Even with investment one needs luck to have the stock market in the growth. Only then can earn good whether the investment is long term or short term. Gambling with luck is successful than investing for long and waiting to earn good.
You have actually a point but i would like to disagree since its better to have investment rather than choosing gambling over it. Yes it has the chance of make winning big amounts but we all know that chances of lossing is much higher therefore we cant still guarantee. Hoping for big winnings dont work anytime.I would surely choose investment even if it would give me profits for long term atleast on constant basis.
legendary
Activity: 3234
Merit: 1214
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For me, gambling can be considered a high risk investment because you will never know when it would stop from running or operations. Investing in gambling sites is a long term one, it needs a big capital if you want a big profit too of course.

When it comes to investing, to gain a lot, you always have to invest a lot. That makes main difference with gambling. In gambling or the lottery, you can always hit the jackpot and win a lot with little bet. That is what attracts people.

I don't know if you've noticed, but there is one more interesting difference:
When we talk about investment we use word "earn", but when we think about gambling we use word "win" Wink
That means with investing it's profitable but when in gambling only if you win, but most of the time we loses because we do not have the edge. The two is really different and we cannot have it with one meaning, we invest to earn and do gambling to win but if not it's fine as long as we have fun.

Since it's a high risk investment, we should consider the amount of money we put to be our possible loses due to low chances.

Though gambling has got the highest risk of losing, has also got the highest winning possibility. Even with investment one needs luck to have the stock market in the growth. Only then can earn good whether the investment is long term or short term. Gambling with luck is successful than investing for long and waiting to earn good.
member
Activity: 72
Merit: 10
Gambling is something that is very nice to do but you should not do it too much and also not see it as investment, I even think that can really get you into problems.
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