Major differences between investment and gambling. - page 2.

Twinkledoe

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Quote from: goinmerry on April 08, 2021, 02:41:32 PM

Quote from: Rruchi man on April 08, 2021, 11:19:38 AM

...while the motive behind gambling is entertainment while making money.

Disagree here.

Tell that to professional gamblers that treat gambling as their secondary source of resources.

That mindset of gambling for fun is the reason why there are lots of casual gamblers who loses much on the run. Too much confidence that every loss can afford without realizing that they are now losing much overall in the long run.

Most professional sportsbettors treat gambling as their main source of income. Though not all, but a lot of gamblers really do make their gambling as major source of earning money. But for me, I won't consider it as such. Just playing for fun as I don't heavily use my funds for gambling. I diversify it with crypto financial investments like staking.I feel my money is safer in investments than rather put it into gambling. Because for me, I only stop playing once I don't have anymore funds. Tongue

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Quote from: Hippocrypto on April 08, 2021, 02:55:04 PM

Quote from: Rruchi man on April 08, 2021, 11:19:38 AM

A major misconception among gamblers is that gambling is sometimes considered as an investment and investment as gambling.
The purpose of this discourse is to clear the air and state some of the major differences between investing and gambling.
Some differences are;
(a) In investing, you expect moderate returns, whereas in gambling, the returns expected are very high and sometimes very ridiculous.
(b) There is a medium to long term planning in view, whereas in gambling, the returns is in view is short term.
(c) There is a risk involved in investment, but the risk is moderate. The risk in gambling is high.
(d) The motive behind investing is safety of capital and stability of one's returns, while the motive behind gambling is entertainment while making money.

______________
You can add your own differences.

Both are of them involves risk, and when it says investments of course that pertains to a project or with a trading of specific asset. But, when it comes to gambling? Most of the idea comes at betting and no assurance because you're only expecting a luck from that game. Though in sports betting, we're relying on odds of every team who played your favorite sports.
Ideally, a form of entertainment when you're engaging yourselves with gambling not on investments which is only focused with business mindset who expects more profit from risked capital.

Every type of earning in crypto has a certain risk in it, We can't deny the risk on crypto and it will depend on the method you are using on how much risk you are facing. Well, luck isn't the only factor in betting, There are strategies, techniques, current emotion, and other big factors that can affect the winning chance on your gambling session. I agree that investment is more on a business-type model and most certainly safe especially if you have the skills to foresee the project's future with your research and analysis.

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Quote from: Rruchi man on April 08, 2021, 11:19:38 AM

A major misconception among gamblers is that gambling is sometimes considered as an investment and investment as gambling.
The purpose of this discourse is to clear the air and state some of the major differences between investing and gambling.
Some differences are;
(a) In investing, you expect moderate returns, whereas in gambling, the returns expected are very high and sometimes very ridiculous.
(b) There is a medium to long term planning in view, whereas in gambling, the returns is in view is short term.
(c) There is a risk involved in investment, but the risk is moderate. The risk in gambling is high.
(d) The motive behind investing is safety of capital and stability of one's returns, while the motive behind gambling is entertainment while making money.

______________
You can add your own differences.

The first point that you bring about the difference among the expectations of investing and gambling is right but unfortunately there are many people that think of themselves as investors that are looking for incredibly high profits and once they realize that even bitcoin and its fantastic growth will never give them what they want they begin to try to invest in altcoins, which is why many of us think of those people as gamblers and not investors, so as you can see even when you are investing if you do not abide by the rules you can be considered to be gambling.

Hippocrypto

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Quote from: Rruchi man on April 08, 2021, 11:19:38 AM

A major misconception among gamblers is that gambling is sometimes considered as an investment and investment as gambling.
The purpose of this discourse is to clear the air and state some of the major differences between investing and gambling.
Some differences are;
(a) In investing, you expect moderate returns, whereas in gambling, the returns expected are very high and sometimes very ridiculous.
(b) There is a medium to long term planning in view, whereas in gambling, the returns is in view is short term.
(c) There is a risk involved in investment, but the risk is moderate. The risk in gambling is high.
(d) The motive behind investing is safety of capital and stability of one's returns, while the motive behind gambling is entertainment while making money.

______________
You can add your own differences.

Both are of them involves risk, and when it says investments of course that pertains to a project or with a trading of specific asset. But, when it comes to gambling? Most of the idea comes at betting and no assurance because you're only expecting a luck from that game. Though in sports betting, we're relying on odds of every team who played your favorite sports.
Ideally, a form of entertainment when you're engaging yourselves with gambling not on investments which is only focused with business mindset who expects more profit from risked capital.

goinmerry

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Quote from: Rruchi man on April 08, 2021, 11:19:38 AM

...while the motive behind gambling is entertainment while making money.

Disagree here.

Tell that to professional gamblers that treat gambling as their secondary source of resources.

That mindset of gambling for fun is the reason why there are lots of casual gamblers who loses much on the run. Too much confidence that every loss can afford without realizing that they are now losing much overall in the long run.

Oasisman

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Both gamblers (sports betting except dice, roulettes, and anything that's based on pure luck) and investors needs to analyze and research before putting their money in.
But, investor has a lot of options to mitigate the possible losses with their investment, than gamblers who always leaves no choice when your team losses, there's nothing you can do but to let go of your money. Whereas, investors have always had the choice to hold on to your stock or crypto and wait till it booms again.

Another key difference between these two is that;
When you invest into something that means you own something, whether a real estate, stock, crypto, etc.
While in gambling you own absolutely nothing but only the money you used to gamble.

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Since it's about "point of view" and if you are looking for references, here are some of the related threads you can look at:

Trading, gambling and binary options. Which one you prefer?
★ Gambling vs Forex vs Crypto Trading ★
Gambling vs. "leveraged" trading
Trading vs Gambling

Nadziratel

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It was an interesting thread.
I think the difference between investment and gambling is really big.
Yes, when we look at it, the luck factor is at work. You also have to trust someone from outside on both issues. One to the platform gambling and the other to the platform on which you invest.

But still, investment is a field that has a logic and certain dynamics.
Gambling is a win / lose method based on luck and trust.

Investments have always made more sense to me.

madnessteat

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Quote from: pinggoki on April 08, 2021, 12:59:59 PM

~snip~

Gambling has a certain time frame which varies from game to game. When investing, you set your own time frame, so the risks in this regard are much lower. Risks increase due to the fact that you need to constantly study the market and diversify your investment portfolio.

pinggoki

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Many people says that investing is just like gambling, but all of us are wrong because investing is where you are putting your money in an investment and expecting a good return more likely to gambling that you are also expecting a good return it may be long-term or short-term investment. While gambling is that where you are also risking your money that is possible to lose and you are expecting a big return in a short time span, due to this investment and gambling are different but also some same concepts when regards to risking your money.

romero121

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With investment the return is promised. This means, if you've made your investment on a much expected project surely you'll get back the profit in the short or long term. All you need is the patience to enjoy the profit, because we don't know when things gonna progress.

With gambling we'll get immediate results. Some users stated gambling gives rewards as the risk we take. This is not true, because for a $1 profit sometimes we risk $100. This is why gambling is mentioned risky and there is no big reward out of gambling for the risk taken.

mu_enrico

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If the result is mainly based on chance = gambling.
If the result is because of many variables, such as GDP, firm performance, supply-demand, etc. = investment.
Yep, investment has risks, but we cannot exactly measure the risk as it's only a mathematical approach to quantify the unknown.

From a more philosophical view, the purpose of investment is to grow and earn more, while in gambling, the only thing that can grow is your misery. lol

Fortify

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I don't think it is easy to quantify or qualify investing in the way you want to do it. Some investments can be gambling, and some gambles very much resemble investing. If a football team is ahead by 3 goals and you are able to get a small return on your bet - then could that not be considered investing? What about if you have a company who buys some land expecting to strike oil and you buy expecting them to find something within a short time frame? While people too often get mixed up between the terms, it seems the mindset and mathematical probability are a greater indicator of success. Whether you are buying property, precious metals, trading currency, or buying fine wine expecting it to appreciate in value - they can all be considered risky in different aspects. The best thing to do, is stop trying to classify it into a neat little box and just try to educate people on what constitutes good value.

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Quote from: Rruchi man on April 08, 2021, 11:19:38 AM

(a) In investing, you expect moderate returns, whereas in gambling, the returns expected are very high and sometimes very ridiculous.

When I am placing a bet with an odd of 10 it's gambling and when I am placing a bet with an odd of 1.01 is still gambling, but chances to win 1.01 is much higher than chances of winning an odd of 10. If one can control their greed and take gambling as an investment then there are scopes to make money but with gambling not many people can do that. With that, there are limits in the casinos.

Quote

(c) There is a risk involved in investment, but the risk is moderate. The risk in gambling is high.

Without any analysis, doing homework, proper knowledge both forms are risky. For example if you trade your bitcoin in this bull market then you may see you are winning but if the price starts to fall and if you do not have a Stop Loss then you may lose your investment in few hours.

Rruchi man

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A major misconception among gamblers is that gambling is sometimes considered as an investment and investment as gambling.
The purpose of this discourse is to clear the air and state some of the major differences between investing and gambling.
Some differences are;
(a) In investing, you expect moderate returns, whereas in gambling, the returns expected are very high and sometimes very ridiculous.
(b) There is a medium to long term planning in view, whereas in gambling, the returns is in view is short term.
(c) There is a risk involved in investment, but the risk is moderate. The risk in gambling is high.
(d) The motive behind investing is safety of capital and stability of one's returns, while the motive behind gambling is entertainment while making money.

______________
You can add your own differences.

Topic: Major differences between investment and gambling. - page 2. (Read 269 times)