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Topic: Gambling and Betting. Why the Distinction? (Read 1282 times)

full member
Activity: 532
Merit: 229
November 16, 2024, 09:16:26 AM
Technically they are both the same thing but they kind of have different concepts. Gambling in general terms has to do with luck Based games which are casinos, these games have no strategies or patterns that work they are strictly based on luck but betting on the other hand has to do with skill based games which is sports betting, this is quite different because the risks involved is quite low and analysis can help mitigate losses unlike skilled based games. Both terms are similar but to a lot of people they are used differently.
Yes, I agree with you, actually there is a clear difference between casino games and sports betting.
Every game in casino is completely random and impossible to predict, casino is like a dice roll, once you roll the dice the outcome depends entirely on luck.

But in the case of sports betting, through proper analysis and research of past and current condition and performances of teams, there is an opportunity to reduce risk. As a result, our chances of winning increase slightly.

However, risk management is important in both cases.
hero member
Activity: 1666
Merit: 453
November 16, 2024, 08:59:54 AM
Gambling is the same as betting in as much as we are betting with money. This is why we keep seeing many gamblers always active to make more money for themselves. Gambling is all about money and how we can make more by playing games or making a pledge with our funds that the team we have chosen is going to come out as winner. There is more to gambling and we ought to always prepared before we make any advances to use our funds in betting. There are so many games or live matches we can bet on without going to far from our comfort zones to make financial decisions that can yield more money for us.

I don't know why some of you guys are not getting a simple thing. Everyone knows that when you make a bet, whether it's in a gambling game, a sports event, an election, or anything in general, you are basically gambling because the term gambling is what we use when we stake something valuable to win something with it, but there is a distinct difference between gambling and betting when they are used in general when we are either speaking or writing, and the difference is that gambling is used to refer to playing gambling games such as roulette, dice, slots, etc. And when someone says betting, they are generally referring to sports betting, and making bets on specific events.

It's such a simple thing to understand, there isn't any need for any analogy or anything, it's as simple as that. I don't say that you can't called sports betting gambling because it is gambling of a sort, but when I say I do betting, it means I'm referring to sports betting in general and if I want to say I play games with money, I would say I gamble.

I get your point, dude; it's just that the ending said it still came out in the end that they are still the same gamble. As you say, it's simple: once you bet, it means you have gambled or gambled money on what you believe you will succeed in your bet as a gambler.

Whether sports betting or slot games, they will go home, and they will still go home with the gambling of us gamblers in these two categories. They can't be excluded from gambling because they do the same thing with betting.

full member
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Patience and hard work are the keys to success.
November 16, 2024, 08:21:53 AM
Betting is a game or activity in which skill is more important than luck, or where money is deposited before the outcome of the action to show one's dominance. In betting you can participate physically or bet on the participation of others. The core strength of betting is skill. For example: betting on cricket, football, boxing (sports betting) etc. Regionally you can bet on your own game or on other's games.

Gambling refers to activities in which you directly participate and rely on luck rather than skill to determine the outcome. Gambling is participating in games of chance with money. Another feature of gambling is that the games involved in gambling will make you lazy. A gambling addict will push you to financial loss as well as physical loss.
hero member
Activity: 2408
Merit: 584
November 16, 2024, 07:49:24 AM
~I know it sounds weird saying casino betting or sports gambling but what do you think about this?
It's all the same thing in my opinion. When you gamble, you put your money at risk in hopes of winning something bigger. And when bet your money, you expect winning your bet, right? As for the odds, they can be over 1,000x in both cases, so, there's no way of distinguishing "gambling" from "betting". I used to think that winning with 100x+ multiplier is much harder in sports betting than in slots or dice, but I was wrong.
Yeah but it's just that the other is more preferred or famous, so people are used to it and just stick to it. There are gamblers that are like that who thinks they are risking their money in hopes of winning something bigger but there are also gamblers who thinks the money they put in is only like a fee or a rent for them to use the casino or to play the games inside it.

Just like in a carnival or amusement centres, we can also gain a reward if we are lucky of hitting something. It's a win-win situation if only we will play like this.

Even if we are only playing for fun, I think yes that we still expect for a win. It is just that when we lose, it is only easy for us to accept it but it might also has to do with the money involved because usually when we decide to play for fun, we are only using a small amount.

When it comes to odds, the first thing that came into my mind which has a high odds, is the casino but then there is also this parlay in sports which allows player to boost their odds but only at the cost of reducing their winning rates. In casino, there are still games which only has a minimal odds. In terms of winning, I think what makes winning a high multiplier hard in sports, is if we include an analysis but casino games are just a click of a button.
sr. member
Activity: 476
Merit: 337
November 15, 2024, 10:22:22 AM
Technically they are both the same thing but they kind of have different concepts. Gambling in general terms has to do with luck Based games which are casinos, these games have no strategies or patterns that work they are strictly based on luck but betting on the other hand has to do with skill based games which is sports betting, this is quite different because the risks involved is quite low and analysis can help mitigate losses unlike skilled based games. Both terms are similar but to a lot of people they are used differently.
legendary
Activity: 2590
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Leading Crypto Sports Betting & Casino Platform
November 07, 2024, 12:20:41 PM
Maybe skill-based games are similar with trading. However, we can't fully state the luck has no role there. Luck probably still has a role, but it won't be significant. The most crucial thing is skills, it will determine everything.  Wink

Without a doubt, some things are like that, for example, although slots are purely a matter of pure luck, you can also put or have a little concentration to achieve skill, because I have read many articles, but the most interesting or the most interesting are those on the bitcasino.io blog, wow they give great information and teach us many ways to be able to control or what to do in various slot situations, and that clearly helps, when we play we need to have control to be able to have in our mind how to react, having as a basis the clear management of risks, the poker and blackjack games wow that combine everything, it is really to use everything that we have available, from skill to luck.

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 06, 2024, 05:47:06 AM
I think they are synonymous for all practical purposes, some specifics in the semantics might exist but that does not matter to the gamblers does it?

Some people take gambling in a negative sense while betting in a more general term to any type of luck/chance based event and something valuable is being staked in it.

I dont think betting only means sports betting, it is essentially all types of games, maybe that use is specific to some communities.
full member
Activity: 700
Merit: 205
November 05, 2024, 06:07:33 PM
I was today years old when I found out that if betting and gambling isn't exactly the same thing. If you Google the word betting most of the  results will be in regards to sports betting. Also Google the word gambling and you will see most results refer to casino games. In my own opinion whether we bet on the outcome of a sports event or we bet on games of luck and skill in the casino, they are both the same thing. Which is why I wonder why there is this distinction between the two? Why can't we say casino betting just as we say sports betting or sports gambling just as we refer to the casino when we talk about gambling? I know it sounds weird saying casino betting or sports gambling but what do you think about this?
that is contradiction and it is definition that both of them have the same or similar meaning so what I'm trying to let you know is that bet is total name that you can use in gambling but when you said betting not means it neither be sportybet, so that is why we need to understand that if we are making use of Google definition we will contradict everything but when you mention betting and the gambling we understand exactly what is your point of view but English dictionary can make you to not all think that both of them is saying different thing but it is a general name for it before now, before now what we call gambling is soccer game prediction especially World Cup kind of game so we call it gambling or you bet on any of preferable or choice of country to win but I don't know why Google and the English dictionary we have another meaning or another definition of them
legendary
Activity: 2436
Merit: 1362
November 05, 2024, 04:54:12 PM
Gambling is the same as betting in as much as we are betting with money. This is why we keep seeing many gamblers always active to make more money for themselves. Gambling is all about money and how we can make more by playing games or making a pledge with our funds that the team we have chosen is going to come out as winner. There is more to gambling and we ought to always prepared before we make any advances to use our funds in betting. There are so many games or live matches we can bet on without going to far from our comfort zones to make financial decisions that can yield more money for us.

I don't know why some of you guys are not getting a simple thing. Everyone knows that when you make a bet, whether it's in a gambling game, a sports event, an election, or anything in general, you are basically gambling because the term gambling is what we use when we stake something valuable to win something with it, but there is a distinct difference between gambling and betting when they are used in general when we are either speaking or writing, and the difference is that gambling is used to refer to playing gambling games such as roulette, dice, slots, etc. And when someone says betting, they are generally referring to sports betting, and making bets on specific events.

It's such a simple thing to understand, there isn't any need for any analogy or anything, it's as simple as that. I don't say that you can't called sports betting gambling because it is gambling of a sort, but when I say I do betting, it means I'm referring to sports betting in general and if I want to say I play games with money, I would say I gamble.

It comes down to terminology and how both words are used but essentially
the two words mean the same thing.

I place bets on teams to gamble an amount of money  in the hopes they win and I
get a reward. Nobody says "I put a gamble on a team" Just words used
in different circumstances.

I wonder if there is a more negative outlook to "Gambling" rather than "Betting"?
sr. member
Activity: 336
Merit: 292
20BET - Premium Casino & Sportsbook
November 05, 2024, 03:41:36 PM
Gambling is the same as betting in as much as we are betting with money. This is why we keep seeing many gamblers always active to make more money for themselves. Gambling is all about money and how we can make more by playing games or making a pledge with our funds that the team we have chosen is going to come out as winner. There is more to gambling and we ought to always prepared before we make any advances to use our funds in betting. There are so many games or live matches we can bet on without going to far from our comfort zones to make financial decisions that can yield more money for us.

I don't know why some of you guys are not getting a simple thing. Everyone knows that when you make a bet, whether it's in a gambling game, a sports event, an election, or anything in general, you are basically gambling because the term gambling is what we use when we stake something valuable to win something with it, but there is a distinct difference between gambling and betting when they are used in general when we are either speaking or writing, and the difference is that gambling is used to refer to playing gambling games such as roulette, dice, slots, etc. And when someone says betting, they are generally referring to sports betting, and making bets on specific events.

It's such a simple thing to understand, there isn't any need for any analogy or anything, it's as simple as that. I don't say that you can't called sports betting gambling because it is gambling of a sort, but when I say I do betting, it means I'm referring to sports betting in general and if I want to say I play games with money, I would say I gamble.
hero member
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fillippone - Winner contest Pizza 2022
November 05, 2024, 03:34:35 PM
In my own view and the little research betting and the gambling is almost talking in the way, because once you have bet it means you’ve gambled but I wonder why a lot people’s are differentiate them that the betting is the platform of the gambling, but why I said the there all the same thing is that we’ve always refers a gambling a casino and is through casino where getting the spots, because sporting is a word of placing a wager which refers to gambling.

Gambling is the same as betting in as much as we are betting with money. This is why we keep seeing many gamblers always active to make more money for themselves. Gambling is all about money and how we can make more by playing games or making a pledge with our funds that the team we have chosen is going to come out as winner. There is more to gambling and we ought to always prepared before we make any advances to use our funds in betting. There are so many games or live matches we can bet on without going to far from our comfort zones to make financial decisions that can yield more money for us.
hero member
Activity: 1470
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ARTS & Crypto
November 05, 2024, 02:54:04 PM
True, which means that betting fans wait for the game from the beginning, sometimes even several days and weeks, the casino is ready to pay for the game at any time for gamblers. Also in gambling there are games where everything is given into the hands of fortune, and in sports there are so many pure chances, everything is determined by human factors and the skills of athletes. There you can see very complex constant results. For example: 50 to 50. There is always someone objectively stronger.
with gambling with sports betting, it may also be seen from several other things, with slot gambling which is actually pure with luck playing a big role, it is real, but even so there are people who believe in the strategies that other people spread when they manage to get big wins like streamers who clearly always get big wins and provide strategies for people who watch them to try their luck even though it's just a trick to attract more people.

with sports betting itself, maybe this is a little different because our skills and good knowledge can increase the chances of winning even though it ultimately leads to luck that will determine the end but sometimes not all are like that, there are sports bets that can indeed be predicted correctly just by looking at the quality of each team that will compete.
And maybe more people enjoy doing slot gambling because it is easy to do.

I also think that betting fans are quite a united community, a community that constantly communicates and discusses something. What is our topics in Gambling worth, where guys constantly chat about matches that have been played and will soon be played. It feels like there are no such lively and stormy discussions among gamblers on casino or card games.
legendary
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Leading Crypto Sports Betting & Casino Platform
November 02, 2024, 02:40:08 PM
True, which means that betting fans wait for the game from the beginning, sometimes even several days and weeks, the casino is ready to pay for the game at any time for gamblers. Also in gambling there are games where everything is given into the hands of fortune, and in sports there are so many pure chances, everything is determined by human factors and the skills of athletes. There you can see very complex constant results. For example: 50 to 50. There is always someone objectively stronger.
with gambling with sports betting, it may also be seen from several other things, with slot gambling which is actually pure with luck playing a big role, it is real, but even so there are people who believe in the strategies that other people spread when they manage to get big wins like streamers who clearly always get big wins and provide strategies for people who watch them to try their luck even though it's just a trick to attract more people.

with sports betting itself, maybe this is a little different because our skills and good knowledge can increase the chances of winning even though it ultimately leads to luck that will determine the end but sometimes not all are like that, there are sports bets that can indeed be predicted correctly just by looking at the quality of each team that will compete.
And maybe more people enjoy doing slot gambling because it is easy to do.
sr. member
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Playbet.io - Crypto Casino and Sportsbook
November 02, 2024, 01:17:29 AM
There's a huge difference between them, when it comes to sports betting it doesn't involve a lot of luck because they are just based on skills. A lot of people that are into sports betting make random selections or copy bets from other people instead of understanding the dynamics behind the market. Some people pick options in sports betting without even understanding what it means. In order for you to have significant wins in sports betting you must be good with strategical analysis. Casino gambling on the other hand has no skill involved, it's based on luck.

You do not have to be good with strategical analysis because there are sites that we can use for our prediction and at times they can be correct although there are more times when they're wrong. There are sites that gives us head to head for two teams playing and also recommend for us which team is going to win and from this information, we can make our decision also considering the current form of the two teams. Sport betting is not that hard to do and this is what is making this type of betting more popular than casino games. Sport betting attract people without any gambling background and they win without knowing anything although having some knowledge about the sports and teams that you will be betting on is an advantage for you as it will help you to make better decisions and win.
hero member
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ARTS & Crypto
November 02, 2024, 12:48:39 AM
I think the distinction between gambling and betting is pretty interesting. Gambling feels like more of a game of chance. You put your money down and hope for the best, whether it's slots, roulette, or lottery tickets.

For me, they are separated by the speed of receiving the outcome. In betting, as a rule, you need to wait for the whole match to understand whether you have won or not. And in a casino, if you play dice or a slot machine, you need literally a few seconds. I the result will be clear. Of course, there are exceptions, such as ping pong, where the outcomes appear quickly, but in general everything is as I described above.

Yes, I can assume that what you said is true, and maybe I will also say another difference between the two activities, which in betting besides you have to wait for the time to wait for the results, you also need to wait for the game schedule to start, or what I mean is you can't bet all the time that runs, in the sense that the time for you to bet depends on an event such as when a match in a league starts, and of course it is different from online casinos which you have explained simply in the sense that a gambler can bet anytime and anywhere without being limited by time and the results also come out immediately at that time.

True, which means that betting fans wait for the game from the beginning, sometimes even several days and weeks, the casino is ready to pay for the game at any time for gamblers. Also in gambling there are games where everything is given into the hands of fortune, and in sports there are so many pure chances, everything is determined by human factors and the skills of athletes. There you can see very complex constant results. For example: 50 to 50. There is always someone objectively stronger.
sr. member
Activity: 448
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November 01, 2024, 01:11:23 PM
This thread was created since April 10, 2024, 10:57:19 PM and I have not seen it. This is he first time of seeing the thread. And let me go straight to the discussion at hand. There is no need for dictionary or google meaning to know the difference but from their usage, we know the differences. And there is no too much different between the two. Gambling is the general name for anything concerning money exchange to maximize profits from prediction. And betting is also an activity of prediction therefore it is gambling.
Betting is basically for anything concerning sports games like, football which is the father sport, Tennis, Boxing and others while slot, Spin games are for casino games.
legendary
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Leading Crypto Sports Betting & Casino Platform
November 01, 2024, 12:29:42 PM
I think the distinction between gambling and betting is pretty interesting. Gambling feels like more of a game of chance. You put your money down and hope for the best, whether it's slots, roulette, or lottery tickets.

For me, they are separated by the speed of receiving the outcome. In betting, as a rule, you need to wait for the whole match to understand whether you have won or not. And in a casino, if you play dice or a slot machine, you need literally a few seconds. I the result will be clear. Of course, there are exceptions, such as ping pong, where the outcomes appear quickly, but in general everything is as I described above.

Yes, I can assume that what you said is true, and maybe I will also say another difference between the two activities, which in betting besides you have to wait for the time to wait for the results, you also need to wait for the game schedule to start, or what I mean is you can't bet all the time that runs, in the sense that the time for you to bet depends on an event such as when a match in a league starts, and of course it is different from online casinos which you have explained simply in the sense that a gambler can bet anytime and anywhere without being limited by time and the results also come out immediately at that time.
sr. member
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Sibi Dabo,,,,,,, Teme Ini Na Sime
November 01, 2024, 12:21:32 PM
Well to me i still don't see any much difference in them since both are all luck based game and when it dispute the gambling theorem them we can have them being classified separately. In sport betting after having all games selected, there odds are being multiplied by the total amount staked to give a potential winning and these depends on luck for someone to win.

There's a huge difference between them, when it comes to sports betting it doesn't involve a lot of luck because they are just based on skills. A lot of people that are into sports betting make random selections or copy bets from other people instead of understanding the dynamics behind the market. Some people pick options in sports betting without even understanding what it means. In order for you to have significant wins in sports betting you must be good with strategical analysis. Casino gambling on the other hand has no skill involved, it's based on luck.
hero member
Activity: 1666
Merit: 453
November 01, 2024, 10:30:53 AM
In my own view and the little research betting and the gambling is almost talking in the way, because once you have bet it means you’ve gambled but I wonder why a lot people’s are differentiate them that the betting is the platform of the gambling, but why I said the there all the same thing is that we’ve always refers a gambling a casino and is through casino where getting the spots, because sporting is a word of placing a wager which refers to gambling.

To be frank, I was thinking the same thing, dude, is it possible to gamble without betting? then can it be called gambling when you don't bet even though you are inside the casino platform?
It seems weird, right? Why is it necessary to differentiate between gambling and betting?

It seems that in the human body they are both part of one body that they cannot be separated or else they are equally affected by each other,
same with betting and gambling, right?
legendary
Activity: 3374
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I stand with Ukraine.
November 01, 2024, 10:15:50 AM
~I know it sounds weird saying casino betting or sports gambling but what do you think about this?

It's all the same thing in my opinion. When you gamble, you put your money at risk in hopes of winning something bigger. And when bet your money, you expect winning your bet, right? As for the odds, they can be over 1,000x in both cases, so, there's no way of distinguishing "gambling" from "betting". I used to think that winning with 100x+ multiplier is much harder in sports betting than in slots or dice, but I was wrong.
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