Gambling and MLM Schemes | Bitcointalksearch.org

agustina2

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Quote from: serjent05 on August 22, 2022, 04:22:01 PM

If you want to earn profit in legit MLM companies, hardwork is needed.

But the question is, even how hard the work is applied and big efforts by the people who invested in MLM, still profit is unclear.

Therefore, these people can't take back what they have invested. Some can't even reach their ROI even how long they are doing efforts.

MLM is a form of business that is not worth to take a risks.

romero121

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Gambling can never be connected with MLM schemes. Gambling is entirely different, you risk your money to get back the return. With MLM you risk others money for your benefit.

With MLM if you weren't able to build the chain of referrals you won't be able to earn anything. You refer a person and that person needs to continue the chain. With gambling you refer a person and based on what he wager, you'll be provided with certain percentage.

Nowadays more MLM have existed with the name of cryptocurrency, it is time to be careful and stay away from such scam approach.

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Quote from: molsewid on August 22, 2022, 04:29:23 PM

Quote from: serjent05 on August 22, 2022, 04:22:01 PM

Not all MLM can make you lose money. Direct selling companies that take advantage of MLM can make their dealer get profit. Direct selling often focuses on product selling so they always give huge discounts and promotional items monthly for their dealer or agent to earn money through product selling, if they failed to refer people for passive income. Don't be mistaken between illegal pyramid company that uses MLM scheme from legit MLM company. If you want to earn profit in legit MLM companies, hardwork is needed.

But still, we can't compare both gambling to each other, yes we can spend money in both things and we can be lose more money than we gains. I am really not a fan of MLM since I don't want to talk to people and offer some business. In gambling, there's a lower chance you will be fall into someone's trap because you will play a game wherein you can do it by yourself while in MLM you need to be invited so that you will be under in one person.

When you are just still a noob then you would definitely be having no idea on what MLM is and since someone do really offer something good like referral bonuses and perks but you do need to invite people inside the you wouldnt really care most of the time and would really be joining up without even thinking twice on how thing works or on how you would able to maximize it until in the end of the line you would really make out some realizations that it wasnt worth but still this one considered to be an investment unlike when we do talk about gambling which is an activity which do connects out about leisure
but this isnt something that could be connected to investment and thats their main difference and this is why i dont know on whats the point about making some comparison about this two
which is totally obvious.

molsewid

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Quote from: serjent05 on August 22, 2022, 04:22:01 PM

Not all MLM can make you lose money. Direct selling companies that take advantage of MLM can make their dealer get profit. Direct selling often focuses on product selling so they always give huge discounts and promotional items monthly for their dealer or agent to earn money through product selling, if they failed to refer people for passive income. Don't be mistaken between illegal pyramid company that uses MLM scheme from legit MLM company. If you want to earn profit in legit MLM companies, hardwork is needed.

But still, we can't compare both gambling to each other, yes we can spend money in both things and we can be lose more money than we gains. I am really not a fan of MLM since I don't want to talk to people and offer some business. In gambling, there's a lower chance you will be fall into someone's trap because you will play a game wherein you can do it by yourself while in MLM you need to be invited so that you will be under in one person.

serjent05

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Quote from: noormcs5 on August 22, 2022, 03:25:42 PM

Quote from: molsewid on August 06, 2022, 06:01:58 AM

Quote from: chaser15 on August 06, 2022, 05:44:38 AM

Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

Yes from what I saw, the only thing that they are similar is we can lose money but the reason of losing the money is not the same. In my own experience MLM is always apply in business, recruiting people to have a membership and downlines while in gambling there's no such thing like that, I rather lose my money in gambling than losing it in MLM where you only need to deceive people.

There is a difference in "lose the money" and "CAN lose the money".

In gambling, you CAN lose the money if you lost but there are chances that you may win a lot of money too if you have good luck on a day.

I agree that in gambling you can lose or win since the outcome of gambling is purely based on chance.

Quote from: noormcs5 on August 22, 2022, 03:25:42 PM

In MLM, you will definitely lose money and there is no other outcome of MLM scheme. Only the organizer of MLM may make a handsome amount.

Not all MLM can make you lose money. Direct selling companies that take advantage of MLM can make their dealer get profit. Direct selling often focuses on product selling so they always give huge discounts and promotional items monthly for their dealer or agent to earn money through product selling, if they failed to refer people for passive income. Don't be mistaken between illegal pyramid company that uses MLM scheme from legit MLM company. If you want to earn profit in legit MLM companies, hardwork is needed.

noormcs5

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Quote from: molsewid on August 06, 2022, 06:01:58 AM

Quote from: chaser15 on August 06, 2022, 05:44:38 AM

Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

Yes from what I saw, the only thing that they are similar is we can lose money but the reason of losing the money is not the same. In my own experience MLM is always apply in business, recruiting people to have a membership and downlines while in gambling there's no such thing like that, I rather lose my money in gambling than losing it in MLM where you only need to deceive people.

There is a difference in "lose the money" and "CAN lose the money".

In gambling, you CAN lose the money if you lost but there are chances that you may win a lot of money too if you have good luck on a day.

In MLM, you will definitely lose money and there is no other outcome of MLM scheme. Only the organizer of MLM may make a handsome amount.

molsewid

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Quote from: chaser15 on August 06, 2022, 05:44:38 AM

Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

Yes from what I saw, the only thing that they are similar is we can lose money but the reason of losing the money is not the same. In my own experience MLM is always apply in business, recruiting people to have a membership and downlines while in gambling there's no such thing like that, I rather lose my money in gambling than losing it in MLM where you only need to deceive people.

Ararbermas

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Quote from: Oshosondy on June 30, 2022, 02:21:16 PM

What are you bringing up? Multi-level marketing is totally different from gambling. Some organizations legitimately use Multi-level marketing to sell a product, it is also different from pyramid scheme because in pyramidal scheme, no real product is sold. In gambling, you can use what you can afford to lose to gamble, mind yourself not to get addicted also.

correct because there's a big difference on both side in order to make money.. And when it comes gambling its all about game of luck ,so we cannot make a comparison. Actually losing money is part of any investment but there's a way for it to win except on a gambling because on that way you're not sure if afterwards or in long term you can regain all your losses..lol

chaser15

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Indeed, I agree with you, my friend, in what you mentioned, maybe the others can say that MLM is like gambling because if you don't succeed in joining MLM and you don't earn anything, you also lose like betting on a gamble, it's like that's what they mean. This is just my own understanding.

Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

X-ray

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My first time to see that if someone made a comparison between gambling and MLM while the fact if both very different from one to the each other. Gambling was purely gaming for win or lose but MLM was offering different mechanism that was the only people that joined at the first will become party who will get so many benefit from the next people who joined in the MLM. I just curious why you can't even think the different between both. You must see that if MLM is always related to the scam but gambling was not like that MLM mechanism.
I think that you shall need to learn more from some sources on internet about the right definition of MLM and the difference between it and gamble

serjent05

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Quote from: Zarfund on August 02, 2022, 11:09:45 AM

Quote from: BobK71 on July 07, 2022, 03:03:00 AM

Quote from: Zarfund on June 30, 2022, 12:09:44 PM

I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both Huh

Thru hard work, yes you can make money in MLM. They will offer you the starter kit and it's up to you to will keep on moving up by inviting more people into the scheme or you just stay lazy, use the product and be the consumer.
Gambling is different as some games are based on luck (house system) while others increase the chance to make money thru analysis (sports).
There's no luck base in MLM because you need to prove it's a legitimate scheme and then you DIY.
I guess you keep on thinking they are the same because of the risk that surrounds them.

Those who do not understand the risk involved in the two category always thinks that the risk is the same when they are actually not. Given with danherbias07 explanation, MLM can have a sure profit if done the right way, and get involved in the right way and had chosen the right company. It can be done through research digging. While in gambling, it all depends on how good your chance of getting the win. More or less winning in gambling is all random. And that simply show the different level of risk involved in that two industry.

agustina2

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Quote from: Cling18 on August 05, 2022, 11:09:32 AM

If you're going to choose the risk, better choose the one that you could bear.

Just to add to that, if we will choose the risks, choose the one that we really understand and not just we saw people getting big money out from it. Not all persons do have the same winning results that are why don't be deceived right away if we saw others are successful on their respective journey.

Be it MLM schemes or gambling, people should always think that it's their own money at risk here.

Do everything to minimize our losses and maintain our winning statistics regardless of our chosen investment.

Cling18

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Quote from: D ltr on August 05, 2022, 10:53:22 AM

Quote from: Zarfund on June 30, 2022, 12:09:44 PM

I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Where do you go to school ? so you can't tell the difference between gambling and mlm
indirectly or his rude language
MLM promises profit and hope for its members
and gambling: not giving profits, but how can we read the situation so that we win without losing

They're two different things. MLM requires hard work while gambling could be won by luck. Both have risks but they work in different ways. You could probably lose funds in MLM schemes when you get scammed by Ponzi schemes while you could lose in gambling when you got unlucky. If you're going to choose the risk, better choose the one that you could bear.

D ltr

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Quote from: Zarfund on June 30, 2022, 12:09:44 PM

I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Where do you go to school ? so you can't tell the difference between gambling and mlm
indirectly or his rude language
MLM promises profit and hope for its members
and gambling: not giving profits, but how can we read the situation so that we win without losing

ethereumhunter

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Quote from: coin-investor on August 03, 2022, 09:13:41 AM

That's true to earn from MLM you need to have a good public relation skill you need to be an excellent presenter and have a magnetic personality, if you are just a follower you need to be in a good team so they can help you earn also, You have a chance in MLM than gambling you don't need skill in gambling even if you have the skill you will still rely on luck, there's no similarity in gambling and MLM you can be successful in MLM but in gambling its unlikely.

So by using MLM, we can benefit more than gambling but it also depends on what MLM we choose because not all MLM can provide benefits. But I rarely see that many people can make a lot of profit because those at the lower levels make nothing. In addition, most MLM products are expensive, and few people can afford them. So the MLM target is people who are in the upper middle class. If MLM products could be more affordable, especially to the lower classes of society, maybe many people would feel the benefits.

lionheart78

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Quote from: virasog on August 02, 2022, 01:54:24 PM

Gambling and MLM schemes are totally different things that are not comparable. One is totally a Ponzi scheme (MLM) while the other one (Gambling) is full of risk. You should avoid MLM schemes at any cost and should not involve yourself in it. You will only lose money in MLM schemes.

Are you sure you really know what an MLM scheme is? There is a legal and illegal company that uses MLM schemes so narrowing down MLM schemes as Ponzi schemes only is huge misinformation, and there are lots of millionaires produced by legal MLM schemes. More than the gambling industry ever produced.

Quote from: virasog on August 02, 2022, 01:54:24 PM

You will only lose money in MLM schemes. Gambling is risky but still, you have some chances of winning a good amount. However, again do not be greedy and gamble with only the amount that you can afford to lose.

I highly disagree, the MLM scheme if used by the right company can give huge benefits to its distributors. If you read the earlier discussion, you can see the difference between Legit MLM which uses MLM scheme, and the Pyramiding Scheme which pretends to be an MLM company and the huge difference between the legal MLM and gambling.

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Quote from: ethereumhunter on August 03, 2022, 05:02:31 AM

Quote from: Zarfund on August 02, 2022, 11:09:45 AM

Quote from: BobK71 on July 07, 2022, 03:03:00 AM

Quote from: Zarfund on June 30, 2022, 12:09:44 PM

I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both Huh

If the MLM have a fair system and allows people to earn something, MLM can bring winning but what I see in reality, it is hard to see people in the lower rank earn something good for them. Only people with big followers can earn big while people below them earn less than the upline. But in gambling, the chance for us to lose will be bigger as we need luck to help us win. We need to be wise while using both MLM schemes and gambling so that we do not lose too big money when we lose.

That's true to earn from MLM you need to have a good public relation skill you need to be an excellent presenter and have a magnetic personality, if you are just a follower you need to be in a good team so they can help you earn also, You have a chance in MLM than gambling you don't need skill in gambling even if you have the skill you will still rely on luck, there's no similarity in gambling and MLM you can be successful in MLM but in gambling its unlikely.

ethereumhunter

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Quote from: Zarfund on August 02, 2022, 11:09:45 AM

Quote from: BobK71 on July 07, 2022, 03:03:00 AM

Quote from: Zarfund on June 30, 2022, 12:09:44 PM

I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both Huh

If the MLM have a fair system and allows people to earn something, MLM can bring winning but what I see in reality, it is hard to see people in the lower rank earn something good for them. Only people with big followers can earn big while people below them earn less than the upline. But in gambling, the chance for us to lose will be bigger as we need luck to help us win. We need to be wise while using both MLM schemes and gambling so that we do not lose too big money when we lose.

Quidat

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Quote from: harizen on August 02, 2022, 06:33:44 PM

Quote from: Quidat on August 02, 2022, 05:12:44 PM

MLM might be risky but not as the same when you do gambling.Believe it or not there are people who do make money with MLM schemes but of course it would be excluding into those people who had invested on the bottom which is likely they are the ones who do suffer the most whenever the pyramid of MLM scheme do collapse and talking about on general sense that mlm is a type of investment

You have a good point there regarding MLM however, in today's status of MLM businesses, it seems there are only a few that really stand strong today that's why it becomes riskier to invest in new ones since it's not an effective investment for anyone now. In other words, the glory days of MLM are now over that even though they have working and good products, it doesn't seem to attract new people to join the craze.

MLM is also just doing their marketing mainly about the profits that their users might be able to earn instead of promoting the products or what they are about to bring to the market. They are just depending on their referrals to do the marketing therefore how that company can be successful? They are just earning money from new referrals and not with the product purchase.

It do all talks about referral when we do talk about mlm because this is where they do get more income aside from the products that they are selling or offering which its definitely true.
Risk is there and when you are already on the bottom then there's no easy path for you to make yourself that rich or having big profit even if you do make out that hard marketing
and trying to get referrals and thats how mlm works specially the old ones.In gambling then risk is always there and you could neither earn on winnings or would totally lost
your money or capital in an instant way.

harizen

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Quote from: Quidat on August 02, 2022, 05:12:44 PM

MLM might be risky but not as the same when you do gambling.Believe it or not there are people who do make money with MLM schemes but of course it would be excluding into those people who had invested on the bottom which is likely they are the ones who do suffer the most whenever the pyramid of MLM scheme do collapse and talking about on general sense that mlm is a type of investment

You have a good point there regarding MLM however, in today's status of MLM businesses, it seems there are only a few that really stand strong today that's why it becomes riskier to invest in new ones since it's not an effective investment for anyone now. In other words, the glory days of MLM are now over that even though they have working and good products, it doesn't seem to attract new people to join the craze.

MLM is also just doing their marketing mainly about the profits that their users might be able to earn instead of promoting the products or what they are about to bring to the market. They are just depending on their referrals to do the marketing therefore how that company can be successful? They are just earning money from new referrals and not with the product purchase.

Topic: Gambling and MLM Schemes (Read 779 times)