Gambling and Betting. Why the Distinction? - page 5.

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Quote from: viljy on October 28, 2024, 06:00:43 AM

Quote from: Alphakilo on April 10, 2024, 05:57:19 PM

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.

These are different things. There is a lot written about these differences here on the forum. It won't be difficult for you to find descriptions of the differences. There are differences both from the player's point of view and from the bookmaker's or casino's side in relation to their respective business.

Some thoughts here. I think some times we can also look at it as a larger or general view and if we look at it that way then we could just say one is a general name while the other just classifies a sperate aspect of gambling. Like I think betting is for a separate kind of gambling as to do sports betting, poker, slot and other games etc. So the act could be called gambling because it involves exchange of money or material for gain or loss. Therefore, I think the act is where the word gambling is coming from while the action could be called betting.

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Quote from: Alphakilo on April 10, 2024, 05:57:19 PM

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.

These are different things. There is a lot written about these differences here on the forum. It won't be difficult for you to find descriptions of the differences. There are differences both from the player's point of view and from the bookmaker's or casino's side in relation to their respective business.

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Quote from: gunhell16 on October 28, 2024, 01:05:21 AM

They are the same category of game, and their only distinction is probably that in-house slot games are gambling games that do not require a team instead of just a combination
that wins mostly by luck, in my opinion.

While in sportsbetting, you need to be familiar with the clubs or teams that you are betting on, because that is where the profit you can get is based. You can't know or have no idea
about teams in sporstbetting, as far as I know.

I disagree, gambling and betting are two different things, while I have seen the two been used interchangeably, gambling is been used in general anything that involves probability, I have not seen a scario where casino games are been refer to betting, what you will see is gambling!!! every time when people wager their money. Gambling has alot of meaning to people but it's mostly used in casino for trying to win a game of chance from casinos.

Sport games predicting their events are often referred with the term betting while casino games are referred most with gambling. You need skill to bet, you need to make your analysis rights and even do research before you can do betting but you can't do that when it comes with gambling on casino games, no matter how you try Plinko games or Wheels or even Mines, you can't do anything about it with your skills, it's better only luck that can save you.

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Bets are part of gambling, it's just that bets is more focused on gambling segments such as football, boxing and so on, to be honest the gambling sentence is a universal sentence which in essence the person who does the bet is a gambler, so this is just a synonym sentence in my opinion, It is not unusual to be debated because they both need aspects to bet in their activities so that they can be called gambling or betting.

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Quote from: cxtreenal on October 28, 2024, 01:01:33 AM

Quote from: kotajikikox on October 28, 2024, 12:10:39 AM

Quote from: DaNNy001 on July 22, 2024, 10:30:22 AM

Most People consider casino games as gambling due to the fact that it's been controlled by the book makers, it's not just gambling it's risky gambling, the house decides what happens next and you are putting your money in their hands... sports on the other hand is classified as betting to some because the risk is quite lower, to me these two words go together, but most people wouldn't agree to that
However it is , this is just my idea on this is

I can get behind this logic actually. When you are betting, you are literally placing your pick/bet on someone or a team. You are not always betting exactly on all casino games as many of them have different mechanism and rules. I like to think that gambling is a general term like an umbrella in which betting falls under. Because despite the difference in mechanism, you are still gambling your money whether you play casino games or sports betting.

I don't see any systematic difference in betting on a team or group and there is a casino or board to mediate through which financial transactions can be made. In choosing a reliable board, you should follow a process of following a criteria so that you can get your money on time if you win.

In the end both are the same, but there is a bit difference here.

One is all about risking money on two fighters or teams and waiting to see who wins, this is betting, and the second, which is gambling is you against the house, you are the one pulling the string to win against the casino, this is gambling, but in the end, either you are betting or gambling they are both an act of risking money on something you really can't tell how the outcome will be.

Be willing to learn how to be a responsible gambler and that's it, many people are struggling to understand that gambling isn't something anyone can beat by knowing they will, you can't even tell when next you will be lucky again, so instead if getting rekt it is better to risk what you can afford to lose.

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Quote from: Inwestour on October 28, 2024, 03:00:10 AM

Quote from: gunhell16 on October 28, 2024, 01:05:21 AM

They are the same category of game, and their only distinction is probably that in-house slot games are gambling games that do not require a team instead of just a combination
that wins mostly by luck, in my opinion.

While in sportsbetting, you need to be familiar with the clubs or teams that you are betting on, because that is where the profit you can get is based. You can't know or have no idea
about teams in sporstbetting, as far as I know.

I always perceived everything that was discussed here as gambling, just betting is one of the varieties of gambling, as well as its other varieties such as casinos, slots and other games, but all together it can be called one word - betting. Another thing is that each of these varieties requires certain experience and knowledge to have a chance to win and it seems to me that it is difficult to understand all these areas well, superficially yes, it is possible that it is better to choose one thing.

Well gambling is the shop and betting is the currency to make an analogy as they do not differ much. In fact personally I don't see any difference and for me these two terms are interchangeable, like this I assume most people use the terms the same way. As long as people know that these terms are almost the same there is nothing wrong to gamble, of course when people know what they are doing. Just keep in mind that both terms refer to possibility to lose money so the person should know to what it is going to encounter.

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Quote from: gunhell16 on October 28, 2024, 01:05:21 AM

They are the same category of game, and their only distinction is probably that in-house slot games are gambling games that do not require a team instead of just a combination
that wins mostly by luck, in my opinion.

While in sportsbetting, you need to be familiar with the clubs or teams that you are betting on, because that is where the profit you can get is based. You can't know or have no idea
about teams in sporstbetting, as far as I know.

I always perceived everything that was discussed here as gambling, just betting is one of the varieties of gambling, as well as its other varieties such as casinos, slots and other games, but all together it can be called one word - betting. Another thing is that each of these varieties requires certain experience and knowledge to have a chance to win and it seems to me that it is difficult to understand all these areas well, superficially yes, it is possible that it is better to choose one thing.

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Quote from: gunhell16 on October 28, 2024, 01:05:21 AM

Quote from: Alphakilo on April 10, 2024, 05:57:19 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?

They are the same category of game, and their only distinction is probably that in-house slot games are gambling games that do not require a team instead of just a combination
that wins mostly by luck, in my opinion.

While in sportsbetting, you need to be familiar with the clubs or teams that you are betting on, because that is where the profit you can get is based. You can't know or have no idea
about teams in sporstbetting, as far as I know.

I don't think the game category is the same, but both are forms of gambling in my opinion. while casino games and sports betting are categories of gambling bets.
Both still require luck although the risk of loss from sports betting can probably be minimized with better bet management.
Casino games such as slots and sports betting are forms of gambling bets. no need to question whether both are the same or different. if it involves betting then it is part of gambling.

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Quote from: Maslate on October 27, 2024, 10:13:07 PM

Quote from: Julien_Olynpic on October 27, 2024, 09:41:26 PM

In general, I would not use the term "sports betting". It is more correct to write about "betting".

You bet on different games, including sports betting, but if you want to be specific, you can use "sports betting" when referring to betting in sports. In casinos, you can call it "casino gambling," whether the game relies on luck or skill. So basically, you use "gambling" for casino games and "betting" for sports.

Actually, it depends on us to use which vocabulary, because if we take the outline, it is the same thing. I personally prefer to use the word sports betting when betting in a comparison, but I often use it directly using the type of game box I am playing.
For example, when I play pragmatic slots, I often use the word "play slots" because I think it's simpler. And also in my environment, many people immediately use words that refer to the game or type of game.
This time I think it depends on us and the environment influences, because when we are used to vocabulary, we will use it more often.

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Quote from: Alphakilo on April 10, 2024, 05:57:19 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?

They are the same category of game, and their only distinction is probably that in-house slot games are gambling games that do not require a team instead of just a combination
that wins mostly by luck, in my opinion.

While in sportsbetting, you need to be familiar with the clubs or teams that you are betting on, because that is where the profit you can get is based. You can't know or have no idea
about teams in sporstbetting, as far as I know.

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Quote from: kotajikikox on October 28, 2024, 12:10:39 AM

Quote from: DaNNy001 on July 22, 2024, 10:30:22 AM

Most People consider casino games as gambling due to the fact that it's been controlled by the book makers, it's not just gambling it's risky gambling, the house decides what happens next and you are putting your money in their hands... sports on the other hand is classified as betting to some because the risk is quite lower, to me these two words go together, but most people wouldn't agree to that
However it is , this is just my idea on this is

I can get behind this logic actually. When you are betting, you are literally placing your pick/bet on someone or a team. You are not always betting exactly on all casino games as many of them have different mechanism and rules. I like to think that gambling is a general term like an umbrella in which betting falls under. Because despite the difference in mechanism, you are still gambling your money whether you play casino games or sports betting.

I don't see any systematic difference in betting on a team or group and there is a casino or board to mediate through which financial transactions can be made. In choosing a reliable board, you should follow a process of following a criteria so that you can get your money on time if you win.

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I don't see any significant difference between betting and gambling, I think the difference is only because it is carried away by the perspective of most people who direct the idea of gambling on casino games and betting on sports, but for the meaning it is not much different which is like the general concept that there is always a party that will be harmed and who will benefit in one game.

On the other hand, one of the reasons why betting is more often directed at types of sports or racing games is because often the agreement is made between individuals or groups such as with friends or other people, and maybe I will also say that why types of casino games are more often referred to as gambling activities is because you play against the dealer who is the party that organizes the game as well as the owner of the casino itself so this is also another reason why many people say that casino games are games of luck because they run on the advantage of the dealer.

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Quote from: DaNNy001 on July 22, 2024, 10:30:22 AM

Most People consider casino games as gambling due to the fact that it's been controlled by the book makers, it's not just gambling it's risky gambling, the house decides what happens next and you are putting your money in their hands... sports on the other hand is classified as betting to some because the risk is quite lower, to me these two words go together, but most people wouldn't agree to that
However it is , this is just my idea on this is

I can get behind this logic actually. When you are betting, you are literally placing your pick/bet on someone or a team. You are not always betting exactly on all casino games as many of them have different mechanism and rules. I like to think that gambling is a general term like an umbrella in which betting falls under. Because despite the difference in mechanism, you are still gambling your money whether you play casino games or sports betting.

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Quote from: Alphakilo on April 10, 2024, 05:57:19 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?

For me I will say betting and gambling are thesame thing even as the both seems to present themselves in different forms which are casino and sport betting . But I think there is an insight to both of them and why they are been differentiated i.e the casino games are often games which are not played by human which is more likely a programmed games which you are just gambling the unknown and hoping for luck. While the betting games are often games played by human which you are betting on them to see their outcome. You can even bet on a single team on how many corners that will happen, how many goals they can score and the numbers of Yello or reg card they will receive that is why it may be called betting. Because you can't bet why you are not sure. unlike Casino games like Roulette spin and win Vegas, slot and all that. But in summary both betting and gambling mean thesame thing but used to differentiate the type of games used for it.

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Quote from: AmoreJaz on October 27, 2024, 05:10:21 PM

So just treat this game as for fun and entertainment, and you won't have any problem with this activity. You will find out that it is more entertaining if you are using spare money and at the same time just having fun out of it.

yep , never use your money in gambling if your real intention is to make it double and for gaining quick profits, coz its a game of luck and you don't have idea if you will keep winning on it.

Because most on betting sites they will make you hype and give you a chance to make consecutive win on it but afterwards you will realize that they are taking your money gradually. So we must be aware that it's not that way to make money. And always gamble what amount we can afford to lose to prevent regrets . Of course never expect to much and always gamble just for fun only . Wink

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Quote from: Julien_Olynpic on October 27, 2024, 09:41:26 PM

In general, I would not use the term "sports betting". It is more correct to write about "betting".

You bet on different games, including sports betting, but if you want to be specific, you can use "sports betting" when referring to betting in sports. In casinos, you can call it "casino gambling," whether the game relies on luck or skill. So basically, you use "gambling" for casino games and "betting" for sports.

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You can place bets on both sportsbook and casino sites, but the difference between them is very profound. In a casino, long-term profitable players are basically impossible. If, of course, we are talking about games that are completely based on luck, in which no analysis is possible - these are games like roulette or dice or slot machines. Sometimes casinos host card game tournaments - long-term profitable players can exist there. As for sports betting, there are enough people there who can make a profit in the long term. In general, I would not use the term "sports betting". It is more correct to write about "betting".

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Quote from: Zigabel on October 27, 2024, 04:38:52 PM

Well the fact that the casino do provide some sort of statistics and information to prime Gamblers and help inform the kind of bets they place does not in any way affect or improve their chances of winning the games they place their bets so it doesn't make it any less riskier than other form of gambling as both ways you can still loose, some persons even have not used this information the stats give and they still get lucky so it's all about the chances of luck.

Luck is the most important thing we need when gambling, I still think betting and gambling are the same thing. When you bet on sport games, you can say you're gambling and when you play casino games, you can still say you're betting too. The definition are being distinguished for a directions to each of the words but they mean the same thing. Some people gamble only through playing casino type of games and not sport betting but there shouldn't be any difference between the two.

When you're betting or gambling, you're relying on your luck to be victorious on the games that you're betting on because there's no assurance or certainty when gambling. Both betting and gambling involved you staking money that can be mutilipled or lost hence there aren't any difference between gambling and betting.

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Quote from: Zigabel on October 27, 2024, 04:38:52 PM

Quote from: noormcs5 on July 22, 2024, 12:36:59 PM

I don't think that sports bet is equally risky as other gambling games. I also would not distinguish between gambling games and betting based on the risk factor. I think betting is a form of gambling which is more of a calculated type of game and you have data with you to make decisions. Casino games don't let you process any data and you go for pure luck based win while in the betting you have some data to make analysis but in the end it is luck that will make us win both casino and betting games.

Well the fact that the casino do provide some sort of statistics and information to prime Gamblers and help inform the kind of bets they place does not in any way affect or improve their chances of winning the games they place their bets so it doesn't make it any less riskier than other form of gambling as both ways you can still loose, some persons even have not used this information the stats give and they still get lucky so it's all about the chances of luck.

This is gambling, so there's no pattern whatsoever when it comes to winning especially if you will venture the games based on luck. We can't deny that there's no guarantee when you talk about gambling games. Whatever stats or strategies that are known to mankind, won't give the winning percentage that you want. So just treat this game as for fun and entertainment, and you won't have any problem with this activity. You will find out that it is more entertaining if you are using spare money and at the same time just having fun out of it.

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Quote from: noormcs5 on July 22, 2024, 12:36:59 PM

I don't think that sports bet is equally risky as other gambling games. I also would not distinguish between gambling games and betting based on the risk factor. I think betting is a form of gambling which is more of a calculated type of game and you have data with you to make decisions. Casino games don't let you process any data and you go for pure luck based win while in the betting you have some data to make analysis but in the end it is luck that will make us win both casino and betting games.

Well the fact that the casino do provide some sort of statistics and information to prime Gamblers and help inform the kind of bets they place does not in any way affect or improve their chances of winning the games they place their bets so it doesn't make it any less riskier than other form of gambling as both ways you can still loose, some persons even have not used this information the stats give and they still get lucky so it's all about the chances of luck.

Topic: Gambling and Betting. Why the Distinction? - page 5. (Read 1306 times)