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Topic: Gambling and Betting. Why the Distinction? - page 8. (Read 1306 times)

sr. member
Activity: 2422
Merit: 357
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?
Whatever you call it, that can still be consider as gambling as long as you place a bet with your money with a hope of winning and multiplying that money. Gambling is very broad, and every individual have their own interpretation about it and for me sports betting are just like casino betting as both of them have the risk and always have the money involve.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Well, this is clear to me, for me sports betting is very different from games of chance, because games of chance for me are representations of roulette, slot machines and things like that, but in reality for me sports betting is sports and requires much more knowledge and technical knowledge in occasions, in fact, for me sports bets have many more possibilities of winning, because they are done with knowledge, on the other hand, in games of chance, even if you know a lot, it is not possible to win, so that in view of these things we cannot play with so much freedom, we know that games of chance are just luck and that we have to take advantage of that luck when we are on a roll, sports bets can be won knowing, very rarely it is because of luck , but it is something that is much clearer.
hero member
Activity: 1358
Merit: 627
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?
If you look at it from the nature of this definition it sounds different because of the difference in language, namely between betting and gambling but in fact the definition is the same, the mechanism is the same and both also bet money, it's just that we are more used to hearing that betting leans on things related to physical activity such as soccer matches, chess, boxing, volleyball, poker and other things like horse racing that we also often when choosing one of the teams to bet money on the course of a match it will be called a bet.
But meanwhile if gambling in the casino on the house game we call it gambling, and I am also often confused to define it but basically the two things are both betting money or goods to get a prize for the owner of the correct choice.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
You already answered your own question there OP and that is both of them will sound weird if we interchange them but don't worry because even though not in direct terms, we still sometimes say that we gamble our money in sports and then we place a bet inside a casino.

I hope these simple sentences can still make you feel happy and contented. Another thing is maybe one of the words came out first? So, experts have no choice but to pair them with the other and people are now used to it despite the other word came out later on. This is also the reason on why Google results are showing like that but it does not mean that both words have different meanings.
hero member
Activity: 896
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Leading Crypto Sports Betting & Casino Platform
Whatever you choose to call it, gambling or betting, they are the same to me. Both words are interchangeable in a sentence.

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.
Casino games and sports betting are not the same. Sports betting isn’t all luck. It takes skill and knowledge to be good at sports betting even with all that you still need a little bit of luck. Unlike slot games, there is no such thing as house advantage in sports betting. The game cannot be said to be rigged to favour the casino. The odds of you winning or losing depends on your analysis and predictions.
What I can only say here is that people are taking this far, there is nothing different between the two of them, they are certainly the same words that you can use interchangeably and that are best fitting in a particular sentence better than each other depending on the construction of the statement. There are places you will use gambling and it will fit better, and the same thing goes for betting. And if you use them interchangeably in these places, they might not sound perfect just for the right English structuring. That's the only difference I see with them. But for the meaning, reason and purpose, they are the same thing in all ramifications.

Also, we should forget about the luck and skills here, whether the gambling aspect we are dealing with requires skills or luck, this can't still eliminate the fact that we are betting and gambling in them. Once you gamble, you are betting, and when you are betting, you are gambling because the outcome of what you bet for is not known, so you are gambling on that.
sr. member
Activity: 630
Merit: 277
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.

The only difference between gambling and betting is that gambling is the general name for games that involve staking money or any valuable thing, with the hope of making money if the outcome of the game is favourable. Betting on the other hand is a form of gambling just as we have other forms of gambling like poker, slot, online and physical casinos, sports betting, horse racing, dice games and many others. People can gamble on anything, what they gamble on does not change the fact that that's gambling, as long as something of value is staked and winning solely depends on the outcome of whatever is the subject of the gamble. If you ain't staking money or anything of value to gamble or bet (as you may call it), then it is not gambling,  you can call it something else because gambling involves risks.
sr. member
Activity: 546
Merit: 309
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?
Some difference between sportsbet and casino games is that casino games are conducted through slot machines but sports bets are conducted based on live games.  Casino game addicts are those who want to win big jackpots easily and quickly. And sports betting is done by those who love sports and place bets on their favorite teams to enhance their enjoyment. However, for both bets, huge amounts of gamblers are seen. Because everyone's preferences and goals are different
hero member
Activity: 1120
Merit: 554
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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.

You are talking about different form of gambling that doesn’t involved money which is irrelevant on this discussion because we are on gambling discussion board which obviously the one that involves money is always in subject of discussion here.

Gambling and betting is just the same if we use the general description of both words assuming gambling with money is what we are discussing. Both involves money to risk on game with odds. The only difference is gambling usually use to describe the actual game while betting is use specifically to describe your money at stake.
hero member
Activity: 1638
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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
Activity: 1834
Merit: 720
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.
hero member
Activity: 2366
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Bitcoin = Financial freedom
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
Activity: 1344
Merit: 565
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.
hero member
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www.Crypto.Games: Multiple coins, multiple games
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.
full member
Activity: 462
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Duelbits.com
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.
legendary
Activity: 1106
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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
Activity: 1470
Merit: 256
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
Activity: 1106
Merit: 391
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.
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?

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
Activity: 1176
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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
Activity: 616
Merit: 749
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
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