Topic: Is gambling a business (Read 231 times)

The time you could call gambling as a business if you are the owner of such site or gambling place yet you would be definitely the one who would really be making out money
but if we do talk about gamblers taking this stuff as a business then its another way around because gambling shouldnt really be treated up this way.Gambling is for entertainment
and not for source of income or money making because if you do have this kind of input or view towards it then you would most likely end up on getting
wrecked because you would really force things up which shouldnt really be as it should be.

Yes, it can be considered as serious job and more like the life of a killer, either you win or lose in that. There are also some professional gamblers who is there to participate tournaments all around the world and make money from it but its not a business for an average joe.

For the average player who is most of the time unprofitable, it's not a business. It can become a business if you are a successful predictor and you get people hooked up to what you offer. But in that case you are more of an advertiser who sells gambling tips and takes advantage of his skills to also bet on the games he sells.

I read a story a few years ago about a sports gambler who can be considered a professional football bettor. He always gambled in the same town and at the same establishment, and was not allowed to solicit with anyone while in the bet shop. He never talked with anyone or sat close to someone. Every match he wagered on was investigated to make sure that there were no suspicious bets of the same type in the database. He was very successful and placed 5-digit bets most of the time.      

I was surprised to see the subject line of your thread but realized that you are asking from a perspective of a gambler. Yes, you will find professional gamblers in the market who makes a living out of it, especially from sports betting or poker game. But it's highly unlikely to find a professional gambler who lives on the slot machine.

So as you can see there are different gambling activities available. What you normally see in online casinos, are not fit for a professional gambler. But for sports betting and poker games, it is made for the professional gamblers and very much depends on your knowledge and skills. So yes, gambling is a serious business!

Professional gamblers, like poker players, make a lot of money if they are good but I would not advise anyone to consider gambling as business. Of course, for entities like casinos and gaming platform it is a very legitimate business so there is no doubt about that.
In a nutshell, I would never consider gambling money as a business as it is not a reliable source of income (but it can actually be a source of losses).

No, business cannot be equated with gambling.
The answers from the two gambling experts match the OP's questions.



From the two sources or answers above, it can be concluded that Business is Business, Gambling is gambling, the very opposite.

How the heck gambling is cure a problem, while you are winning then cure your problem but the reality most of 95% gambler is losing and the house always win. We all know, even from the most survey the reason why people gambling tries to multiplier their money by winning a lot of it. And these question is not basically for a gambling owner, because average people is not the owner casino.

Sound joke for me!

Gambling should only be a business for the company or the casino itself and not for the gamblers. Most gambling games chances of winning can be boosted with the help of knowledge, research and strategies but it cannot only depend on these factors as luck and the house itself most dictates your chances of winning.

Professional gamblers are most often find on card games as most of be strategize such as poker. A simple bluff can cost you a fortune or make you a fortune and it all depends on how you are able to interpret your stand. But even with a strong card and being a pro can also produce a loss when someone holds a strong card.

So no, you shouldn't interpret gambling alone as a business but a rather an extra way to have fun and be able to have a chance of earning money.

if you make it your business then it's a business. most pro gamblers are rich and those who are not rich but still keeps on gambling then it's a big problem on their part. it's not good to make it like gambling is the source of income. they end up taking a loan in exchange for something valuable like their car. but we could be calling it addiction already when they don't stop until there is nothing to gamble. gambling business can only be good if you own the casino yourself.

I would call it one's own business, but not in the legal sense of a business wherein a permit is needed in order to operate. If one can profit from their gambling ventures then I'd say it's a job well done for them, although I wouldn't consider it as a business that is constantly producing something positive for the one who is doing it. No assets whatsoever are produced on the whole duration of the gambling process and the person doing it is expected to lose as the house always wins.

The only time you get rich with gambling is through extreme luck as the gambler and through owning the platform as an operator. There are no in-betweens.

it's not a problem but it's a cure to our problem . Not because it gives you money to solve your financial problem but because gambling is built primarily to entertain people .
Im convinced with @oshosondy  that gambling is a business if your the owner  .
gambling is a good business because it's profitable but I already saw loosers in this business but I guess that's how every business goes . You will not succeed if you will not try your best

Gambling is not a business....its gambling.  I dont care if its done professionally or not.  If you are consulting others, selling gambling products to others, etc.  Then fine its a business but if you lay $100 on the Yankees to win the world series thats not a business.

*it is difficult to understand an addicted gambler and for sure they consider gambling to be part of their job or business...
I personally never think gambling is a business because I will definitely spend a lot of money on it. consider gambling just for fun much more comfortably and carefree.

Yes, gambling can be considered a commercial activity if you are the owner. As for the gambler, we cannot express gambling as a commercial activity here because it is risky.!! Gambling is only for fun, not for making a living.
 But if you are a legitimate casino owner, and you are working on offering promotions, you will definitely get customers and benefit from them, this of course will be like a commercial activity!!!

for an individual who gambles? NO, they can consider it as a "business" but at the end of the day, it is not. the only way gambling can be a business is if you own the casino. as for me, I treat gambling as a hobby, entertainment or a way of wasting time which I think it should be.

The risk aspects of gambling is very similar to owning a business in my opinion. You need to be able to put your money to use in your strategy and adapt when things are not going your way. However, owning a business is much more complex than being a gambler, even a sophisticated one. For example, as a gambler you know exactly what kind of risks you are taking, when being a business man the risks are not so obvious. So as long as you are not gambling 24/7 I wouldn't call it our business.

Yes I think it is and will continue to grow. Gambling or guessing for a win has been around since ancient times. In the past, we used fingers, cards, and dice as tools. Today they use websites, with more sophisticated technology. Until now it has developed and there may be people who make it a job. Besides that, the existence of Gambling Addiction is one of the factors of gambling that continues to grow. Some who have the capital make a place to accommodate these gambling enthusiasts. If you say it's a business, I think it's true, just look at some betting sites that have sponsored several sports, one of which is soccer.

There are some form of gambling that you can consider as job for someone, take for example, poker, that's why they are called professional players.


Then you have to chance your strategy, maybe gambling is not really for you.


There are gamblers you really play just for fun, but still at the end of the day you are going to lose your money.


Definitely, as long as you have the money to lose, then if will be one heck of a ride. Going to casino's with your friends, having a drunk enjoying slots or card games. And then if you won, then that would be a bonus, and hopefully, you won't came back for more after your first taste of a big win, otherwise you might get addicted.

In my opinion, is a problem ~XD

The more you play and win more higher you bet will make because you want to more win and more you are playing while you are on losing position to cover the previous losses. If you a gambler, try to ask total deposir you make and how much you are withdrawal is always ended minus.

So, did the gambler is a good business ? no, I also try to limited my activity.

House always win, when a casino has house edge of some % they has more chance to win rather than a gambler. Gambling can't be called as business since it's not a source of income, probably some people has made good profit in casino. But keep in mind, luck will not always following you because you can't determine when you're in a good or bad day.

Even though invest in casino bankroll can be consider as become a house, but it's still risky since you're not the owner. Something bad can happen to you if you invest on scam casino. Also invest doesn't mean always profitable, you could still loss if people win amount money.

Its called business to those who are a risk taker and goes to Casinos for a living, they probably have a lot of money to spend for, this a very risky business if you're just a gambler and not the real owner of those Casinos.

Ordinary people should not treat gambling as a business or as a source of income because the probability to make money in gambling is very low, and it can't guarantee any profit at all. For me, gambling is just for entertainment and I'd rather consider Trading as my business than to my gambling activities.

The only case gambling is a business is when you are the owner of a gambling company, the more people play, the more you gain.

Anyone that take gambling as business will lose. Such people can even sell their properties because of gambling. Thinking they can win will create a poor mindset that will let them become addicted until they lose. They will lose and think they can win the money lost back, and they will lose the more. Gambling is for fun, never use the money you can not afford to lose to gamble, use low amount, do not gamble in a way it will affect your life.

No, gambling should not be a source of living, because psychologically, this will make gamblers lose than thought. Gambling is for fun.

I see most gamblers dress up early in the morning with strategies on how to win a bet. Most often this fellows has nothing else that adds value to their pockets except what ever winnings the make from their gamble. Could gambling be called a business or does it in anyway have  business attributes?

Most gamblers risk all their assets with the mind of making multiple returns from massive odds. In most cases it turns out successful but in someother case the game turns against them. In real sense should gambling be a source of lively hood or should it be termed a side hustle.

People spend time developing skills on gambling. I understand its a fast way of generating cool funds that could tackle some pressing issues but what if it doesn't come out as planned could there be an alternate plan or would you go home hopeless?

For me gambling is more like a fun activity which I do with my spare cash. I mean something I personally can afford to loose with having any mixed feelings.
Most times I gamble with left over money meant careless expenditures. Risking more than I can afford has cost me a whole fortune at a point and I had to deploy a management system for myself to help curb my excessive losses.

Betting is really fun if guided with caution and  highly profitable is greed is far away from from gambling. Most times predictions could be right but greed could come in to compromise with our instincts. What would you think of this can we call gambling a business for gamblers?