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Topic: Gambling and Betting. Why the Distinction? - page 2. (Read 468 times)

hero member
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Leading Crypto Sports Betting & Casino Platform
The word gambling/gamble can be used in more wider perspective than just for the actual gambling while betting usually denotes some amount of money at stake. Google shows results from the Wikipedia it's just written by someone and can be edited by anyone so if you want to look out the meaning then both defines the same with slight differences and as long as you understand what it denotes there is no issue at al.
There's a big difference between gambling and betting and to the best of my ability, I'll throw more insight to what I just said now. Gambling is anything that an individual willingly takes risks to get huge rewards at the end while betting is a form of gambling because in betting, you're required to stake money or a valuable in a risk to be rewarded hugely at the end. Gambling is wider than betting because different people use different things and engagements to gamble but in betting, you'll either stake money or or something else that has the same value with the amount if money expected of you.
hero member
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There is not a very specific difference between gambling and betting, but what is certain is that both activities contain an element of risk and can lose the money we have. However, when talking about opportunities, gambling almost entirely relies on luck, while betting does not, because apart from relying on luck, skills in analyzing and making predictions are the main factors for someone to increase their chances of winning when placing a bet. In gambling, the odds are determined by the house or gambling organizer, so players will have little control over the gambling they do, with the exception of perhaps some types of gambling such as cards, where this type of gambling also involves skill in playing and mastery of the game. Meanwhile, in betting, someone can have more control over the bets they place.

However, apart from this, with all the risks posed by these activities, it is quite important for us to always ensure that the gambling activities and bets carried out are well controlled and do not cause significant losses or problems.
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The word gambling/gamble can be used in more wider perspective than just for the actual gambling while betting usually denotes some amount of money at stake. Google shows results from the Wikipedia it's just written by someone and can be edited by anyone so if you want to look out the meaning then both defines the same with slight differences and as long as you understand what it denotes there is no issue at al.
hero member
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Leading Crypto Sports Betting & Casino Platform
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?
Gambling refers to the overall concept of staking something to get something on top of it, it can be anything, even if you are having a bet with someone that a certain thing would happen in the future which is also gambling, lotteries are a part of gambling as well. However, betting in general is used to refer to sports betting because when you are gambling in a casino, you make bets on games, but you don't call it betting but you call it gambling, and when you are in sports betting, you don't say I'm gambling, you say I'm betting on matches. That is probably the reason for this.

Otherwise, I don't see any reason why you can't use the word betting for gambling games but it is just more suitable to say it's gambling rather than betting even if you do make bets in it too.
Words matter, but we need to go deeper than just definitions. You're not wrong when you make a distinction - "gambling" and "betting" do have different flavors. But thats just the surface, the best people know that.

Its about how people think. Throw out "gambling" in a casino, and you get images of crazy odds, the whole flashy scene, not just the cards or the slots. But say "sports betting", and suddenly its about numbers, teams, who knows their stuff. Its a different mental game, even if luck is still involved.

Some folks might want to simplify things, and thats fine, but that ignores something important: the way these environments shape how people play, think, and feel. Its a complex business, one of the best, and we cant just dismiss that with simple words.
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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?
Gambling refers to the overall concept of staking something to get something on top of it, it can be anything, even if you are having a bet with someone that a certain thing would happen in the future which is also gambling, lotteries are a part of gambling as well. However, betting in general is used to refer to sports betting because when you are gambling in a casino, you make bets on games, but you don't call it betting but you call it gambling, and when you are in sports betting, you don't say I'm gambling, you say I'm betting on matches. That is probably the reason for this.

Otherwise, I don't see any reason why you can't use the word betting for gambling games but it is just more suitable to say it's gambling rather than betting even if you do make bets in it too.
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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?
I think they are all seen under gambling because the uncertainties associated with them all causes it to be gambling because in gambling you are basically dealing with uncertainties and you do not know what the outcome are going to be buy just hoping, betting is mostly associated with betting because somehow there's a level of certainties around it which isn't artificially stimulated by the site but then it's still an act of gambling so basically using the words interchangeably wouldn't be a bad idea but it's just preference.

I see gambling as the encompassing word while betting is associated with sport betting most of the time but the act of betting is still gambling because it's getting involved in an opportunity thst presents a 50/50 chances to anyone participating in the act.
hero member
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The two terms interchangeably. Gambling is the generic word while betting is the specific word in gambling. You can gamble in sport and also bet in casino. Someone can say "he gambled on Chelsea against Arsenal and that is the same with bet on Chelsea against Arsenal. There is no too much different between them. They are just synonyms. But you place your bet from the performance of the team or players but gambling is randomly or unknowing  what has happened but in betting the performance of the players have be spotted so the best base on their previous games. But in gambling you just enter and start the prediction.
sr. member
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In my personal opinion, betting and gambling are not much different in terms of meaning when viewed from the perspective of a Google application search. Indeed, both have their differences, but basically gambling and sports betting are activities where you both place bets and the results are wins and losses.
And in sports betting we can predict who will be the winner, but in gambling we cannot predict the winning outcome.
sr. member
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AFAIK, someone coined the terms. How you use it is what matters.
Betting and gambling are the same to me because they both involve staking an amount of money in the hopes to win against the risk of losing. No need to complicate it because no gambler in a casino will be refused playing if he uses the word that he wants to place a bet, or a sports bettor refused placing a bet if they use the word that he/she wants to gamble.  

If you choose to call it betting, bet responsibly and if you want to call it gambling too, gamble responsibly because that is what is more important. 

Betting and gambling are two things that are quite different but almost similar. But even so, as you said, we don't need to bother ourselves with this because the most important thing is not how it is said, but how we can be responsible for it, whether it's betting or gambling, we have to be responsible and play within limits.
newbie
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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?

The difference between betting and gambling is that in betting the bets are placed on an event and the result is based on the actions of the players, affected by their expertise. In gambling a wager is placed on an event that his outcome rely only on luck.
hero member
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Looking at this from my own personal perspective, and from the little research I was able to make from Google, I'm made to understand that betting is a kind of game where stakes are made base on the skills of the player likely to influence the possible outcome of that event, whereas, gambling is a kind of game where stakes are made without a clue of what it's possible outcome is likely to be (i.e Outcome base on luck).

Hence, In summary, I think the perfect simple definition about this two words is that while "Betting is a game base on skills (i.e soccer, basketball e.t.c), on the other hand, gambling is a game base on luck (i.e Roulette, Dice)""
hero member
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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?

They're too different things to me as I have always see sport bet as betting and when I gamble on casino as gambling. Gambling doesn't depend on what you know but on luck and you can get this when you play games in the casino but sport betting depends on what you know about the sport that you're betting on. When you're gambling and betting you can see the difference. I do the two but mostly sport betting and I can tell that the two have different feelings when you're doing them.

When gambling on casino, you'll know you don't have any advantage oveothe house as it's the house that have the upper hand. Both gambling and betting have similarities as you're risking your money when you're doing the two of them but know the difference that casino gambling doesn't depend on your knowledge. Casino gambling is more hard to predict than sport betting, you can predict sport games
hero member
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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?
both are gambling activities. because basically gambling is a form of risking something such as money or goods for good luck.
So I will assume both are the same thing even though the game operations will be different. Sports betting and also betting on horse racing will have a different sensation from playing in a casino, whether it's an online game or an offline casino.
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Both are the same because we use money to place bets. But the difference is that when we play casino games, we play live and see the results directly, while for sports betting, we have to wait until the match is over, or we can stop our bet and cash out the money in the middle of the match in progress.

But that wasn't a problem because we were still gambling. We use money to win, but that doesn't guarantee we will win. The most important thing in gambling is that we can control ourselves well. Don't use a lot of money to gamble.

Anything that uses money when we play any game is gambling, whatever the name. We don't need to be confused about the difference because it is a gambling game.
legendary
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It's just the same for me too and I don't mind. But I always use the word "sports betting" whenever I am using it in a sentence because "sports gambling" sounds weird to me, it won't just rhyme in my ears. But both are under gambling so what you may have found is just a weird thing, something a gambling nerd might do.
Talk to someone else and I don't think they will mind using both words or mixing them up because both are just talking about risk. Anyway, maybe there are gamblers who use this to avoid confusion when they discuss things but I don't think it will still be an issue in this era where the gambling industry is growing.
When someone says "I am gambling." The other person could just simply ask if it is sports or casino.
legendary
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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?

In my opinion, today they are considered the same thing.
Until a while ago, before gambling games became popular on the internet, we could even have a very clear distinction between them:
  • Casinos: These were more focused on games of chance with their cards, dice and slot machines;
  • Betting sites: Which were predominantly based on sports betting.

However, just before the pandemic, we already had many sites also exploring gambling, and after Covid isolated these people even more at home, without being able to go to a casino, this niche market evolved a lot and today we have both in the same place. website, mixed in such a way that it can no longer be said that they are different things.
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AFAIK, someone coined the terms. How you use it is what matters.
Betting and gambling are the same to me because they both involve staking an amount of money in the hopes to win against the risk of losing. No need to complicate it because no gambler in a casino will be refused playing if he uses the word that he wants to place a bet, or a sports bettor refused placing a bet if they use the word that he/she wants to gamble.  

If you choose to call it betting, bet responsibly and if you want to call it gambling too, gamble responsibly because that is what is more important. 

Exactly. There is no use complicating things. Betting and gambling basically refer to the same thing. You bet, you gamble, you are doing exactly the same thing. Making a bet on dice is the same thing as making a bet on a football match. They're both gambling. So you're actually saying the same thing when you say you're gambling on dice and football.

We are all gamblers here whether we are exclusively betting on sports matches or on casino games. I can see no gain in complicating the words we use.
sr. member
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AFAIK, someone coined the terms. How you use it is what matters.
Betting and gambling are the same to me because they both involve staking an amount of money in the hopes to win against the risk of losing. No need to complicate it because no gambler in a casino will be refused playing if he uses the word that he wants to place a bet, or a sports bettor refused placing a bet if they use the word that he/she wants to gamble.  

If you choose to call it betting, bet responsibly and if you want to call it gambling too, gamble responsibly because that is what is more important. 
hero member
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I don't think there's anything to stress about the distinction about betting and gambling since they both infer the same thing although betting is more unique to sports and casinos. Gambling is more of an umbrella term for any activity that one takes that involves a significant amount of risks back by little to no guarantees.

If you take trades without adequate convictions, you're basically gambling even though it wasn't done in a casino oe a sports betting site. It's the same with high risks investments as well.

On a lighter note, The meaning to these words are really what we give to them. AFAIK, someone coined the terms. How you use it is what matters.
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I think betting is a sub-genre of the Gambling industry, so to speak, where both are ventures you do with the premise of granting you a large prize of mostly monetary gains, in exchange for a small amount at stake and a high, sometimes even magnanimous odds you'd have to beat. But since for the most part, betting is primarily 50/50, especially in the case of sportsbetting, it gets that distinction between gambling.

Gambling is a pretty broad concept so to speak, you can gamble about anything with anything at stake as well, and depending on the situation, you'd always be tempted to take up on it, betting on the other hand is more on the money side, since it's just a subgenre of the even larger gambling school of thought. Plus you also have to remember that in gambling, the results are almost always instantaneous or on the go, but betting on the other hand would need to have something else resolve first before a winner could be declared, a certain parameter so to speak, like a team winning a game, a certain number popping up at a particular date/time, there are a lot of things you can place a bet on, as long as it's vaguely deterministic, could be profiteered with, and is fair for both players.
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