Gambling vs Betting | Bitcointalksearch.org

BlackMarket

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Quote from: MinerHQ on May 14, 2017, 04:41:40 AM

Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

I don't think anything is safer in either gambling or betting because both are almost same. Even though you can predict more accurate results in sports or other betting but the end result still depends on your luck. Because there are many unknown things which we can't guess accurately. So I think both betting and gambling got same risks.

That's right as even in sports betting you cannot predict the exact result as you may see turn around at any point of time and there is also an possibility that match is fixed so in that case your prediction can go wrong which will result only in loss to you.

sergio red

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Both have some similar characteristics and almost same task in terms of procedures. Both side are needed to depend on luck.
But betting is the safer of the two sides. Whether gambling is totally dependent on luck.

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Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

I don't think anything is safer in either gambling or betting because both are almost same. Even though you can predict more accurate results in sports or other betting but the end result still depends on your luck. Because there are many unknown things which we can't guess accurately. So I think both betting and gambling got same risks.

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Quote from: daringdiscovered on May 14, 2017, 04:15:20 AM

Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

Seriously? How could you tell that it is gambling if you are not going to bet? I mean, they are just the same thing, the reason why gambling is called gambling is because of the betting, which it involves money so that we could have money in return in case we win. That is why it is very confusing why someone is asking what is better between gambling and betting, because there is none. I hope it make sense.

I agree with you.
Both are exactly the same thing, the only thing the is difference, as I mentioned above is that on sports betting the house can't rig the outcomes.
So what are you most interested at?
Unrigged outcomes or low housedges?
I would pick Unrigged outcomes with high housedges simply because I don't like the fact that someone who owns the casino can decides if I win or lose. I prefer to pay more than having my outcome rigged.

daringdiscovered

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Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

Seriously? How could you tell that it is gambling if you are not going to bet? I mean, they are just the same thing, the reason why gambling is called gambling is because of the betting, which it involves money so that we could have money in return in case we win. That is why it is very confusing why someone is asking what is better between gambling and betting, because there is none. I hope it make sense.

BillCoin

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Well let me settle up few points.
While gambling at a casino or on a dice game, the casino can rig the outcome and make you the loser even though u should have been the winner, but the house edge while gambling is pretty much small compared to sports betting.

On Sports betting there is no way the casino can rig the outcome, but the house edge is very high, which makes it impossible to win in the long run, at the both ways, if you gamble once in a while u will be fine.

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Quote from: shintosai on May 13, 2017, 10:36:42 PM

Quote from: BlockEye on May 13, 2017, 10:58:04 AM

Quote from: youdacapt on May 13, 2017, 08:44:56 AM

Betting is part of the gambling business, a clearer definition : gambling is play directly on poker table/slot machine, while bets rely solely on victories from player/team match statistics, two of which have the same word as "bet". In this case sports betting is more relaxed because our analysis can be done once in 24 hours.

Even betting are considered as gambling. Their only difference is just slots/dice game which the OP considered as gambling are only a Luck based game and didn't required an intensive analysis skills while betting needs analysis skills to have more chance of winning. But they are just both risky since it is both gambling

well with with your explanation might possible that OP thinks that way and he confused himself, but likewise both still have a big risk
and you are always relying with your luck to win so far most of the replied saying is just both the same.

Well if your at the right time in the right place then thats luck but also betting really be proven by analysis because offcouse internet has its algorithm that is follows. And if we are betting do we really analyze previous data's? Cause i think probably all betters just bet on what they feel it is winning. Gambling For me really is pure luck, cause the only controling it is just complete randomness and and it follows no secquences like some pseudorandoms.

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Quote from: BlockEye on May 13, 2017, 10:58:04 AM

Quote from: youdacapt on May 13, 2017, 08:44:56 AM

Betting is part of the gambling business, a clearer definition : gambling is play directly on poker table/slot machine, while bets rely solely on victories from player/team match statistics, two of which have the same word as "bet". In this case sports betting is more relaxed because our analysis can be done once in 24 hours.

Even betting are considered as gambling. Their only difference is just slots/dice game which the OP considered as gambling are only a Luck based game and didn't required an intensive analysis skills while betting needs analysis skills to have more chance of winning. But they are just both risky since it is both gambling

well with with your explanation might possible that OP thinks that way and he confused himself, but likewise both still have a big risk
and you are always relying with your luck to win so far most of the replied saying is just both the same.

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Quote from: michaelch on May 13, 2017, 08:57:21 PM

Quote from: JasonXG on July 03, 2016, 02:56:26 PM

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

What is the difference between gambling and betting. Are they not the same thing?

Well i think its the same because when we say gambling it is an act of playing including the money or bets and if we think about betting it is also a gambling.Betting can't stand alone withoit any game or such a thing to put down a money to bet .So this two are same the only different is the people who will put how much bet and play gambling.

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Quote from: JasonXG on July 03, 2016, 02:56:26 PM

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

What is the difference between gambling and betting. Are they not the same thing?

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Quote from: youdacapt on May 13, 2017, 08:44:56 AM

Betting is part of the gambling business, a clearer definition : gambling is play directly on poker table/slot machine, while bets rely solely on victories from player/team match statistics, two of which have the same word as "bet". In this case sports betting is more relaxed because our analysis can be done once in 24 hours.

Even betting are considered as gambling. Their only difference is just slots/dice game which the OP considered as gambling are only a Luck based game and didn't required an intensive analysis skills while betting needs analysis skills to have more chance of winning. But they are just both risky since it is both gambling

Phyton76

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Quote from: JasonXG on July 03, 2016, 02:56:26 PM

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

Actually, betting is under of gambling. As you do gambling, you also predict which bet would win. Also, you can nottell how much profit you get in betting since everything in there are unpredictable and the bet amount per player/gambler is different. Everything in gambling are uncertain.

youdacapt

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Betting is part of the gambling business, a clearer definition : gambling is play directly on poker table/slot machine, while bets rely solely on victories from player/team match statistics, two of which have the same word as "bet". In this case sports betting is more relaxed because our analysis can be done once in 24 hours.

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Quote from: kodes88 on May 13, 2017, 04:09:39 AM

Quote from: n0ne on May 12, 2017, 07:23:11 AM

Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

I believe both are different words with the same meaning. Gambling is just a term used for the overall activities of games were money something is risked hoping for better earning. Betting seems to describe a particular event were certain amount has been risked expecting big.

I also think like that, gambling and betting are two words that have a meaning but have the same meaning. Or maybe in my opinion, gambling is when you play a game and place a bet in it. While betting is when we put a bet on something and wait for the results. But overall, I think the same, both put up bets to get more.

lol it can be quite confusing sometimes to differentiate these two as betting is a form of gambling. so in a way, they're the same but gamblimg is the general form and betting is like a sub form. its like making a roll, or playing a hand in poker. they're all forms of gambling

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Quote from: n0ne on May 12, 2017, 07:23:11 AM

Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

I believe both are different words with the same meaning. Gambling is just a term used for the overall activities of games were money something is risked hoping for better earning. Betting seems to describe a particular event were certain amount has been risked expecting big.

I also think like that, gambling and betting are two words that have a meaning but have the same meaning. Or maybe in my opinion, gambling is when you play a game and place a bet in it. While betting is when we put a bet on something and wait for the results. But overall, I think the same, both put up bets to get more.

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Quote from: JasonXG on July 03, 2016, 02:56:26 PM

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

According to me in Gambling You Just Play Games Like Slots, Blackjack, Roulette and Gamble Your Money On Them But In Betting You Bet Your Money on Sports And Also There is no Big Difference Between them Because Betting is a Part Of Gambling And also there is a Difference that If You Bet on Sports You Can Use Your Knowledge But in Gambling Games Like Roulette and Slots You can't Able to Use Your Knowledge.

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Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

I believe both are different words with the same meaning. Gambling is just a term used for the overall activities of games were money something is risked hoping for better earning. Betting seems to describe a particular event were certain amount has been risked expecting big.

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Quote from: kpcian on May 12, 2017, 07:00:32 AM

In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

I think we agree on this. I would prefer in betting especially in sports betting. Here the game is long time and you can enjoy the situation. You can lose only after the game. But in Gambling for me is just like a fast game, like for example in dice game, slot game and so forth. Though both depends on luck, but I prefer more on betting.

kpcian

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In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.

daringdiscovered

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Quote from: Apened on April 30, 2017, 01:52:19 AM

Quote from: dunfida on April 30, 2017, 01:42:25 AM

Quote from: giveen on April 30, 2017, 12:19:59 AM

The difference between the two is pretty simple
Gambling is based on total luck there are very less chances that one can predict. Sports betting can be done on analysis and sometimes you can tell it is a easy win. Plus sports betting is mostly for a person who can analyse past results.
The only thing you should remember is most of the betting sites requires documentation after you win a certain amount while gambling mostly doesn't require any documentation.

Actually when we are talking about betting its really a part of gambling since we do really need to bet when we do gamble.Right? You are just referring to Sports betting since theres a betting word on it but I woul;d like to ask you on playing dice games? How would you play? You would really need to bet,right? Its all just the same it depends on game you do play.Betting is always a part of gambling.

Yes ,i do agree with you. When you gamble you will also bet so it is twin .You cant bet without a gambling or a game to based on sportsbetting is also a gambling so in order to play and have a chance to win you will put a bet on it .

How I wish do think the same way like you do. Because Gambling and betting is just the same, they can't exist without the other one, betting do exist because gambling do exist, and if gambling will be eliminated in this world or completely shutdown by the Government, then discussing this would be just a wasted of time. The answer is so obvious, it is like OP is just posting random thoughts just to increase his post count.

It would be better if the topic would be Gambling betting techniques rather than this one. Undecided

Topic: Gambling vs Betting (Read 7718 times)