Sports Betting Or Gambling ? | Bitcointalksearch.org

Oilacris

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Does betting is just the same with gambling? It is just the same and they do only differ out in terms on how its been done or on the things get involved because if we do try to look upon then

they are been differently been executed and of course it is different in terms of games been played but in overall or general essence it is really just the same. Luck based and Strategic based..

Its up to someone on which one he would really be engaging on because each of us does have its own preference on the game that we do tend to play.

pinggoki

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Betting and gambling pretty much fall under the same boat which is gambling of course. To see people preferring one over the other is fairly normal and is to be expected from our pattern-loving brains. Plus, it all depends on what sports is it they are betting on. Some games are pretty much coin-flip while others may be well-predicted through research and information gathering, but in essence these two are one and the same.

Quote from: Fortify on August 22, 2021, 02:11:51 PM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

The only question that really needs to be asked is whether the house (the casino/sportsbook) has a long term edge over the gambler. They almost always do, every sportsbook will be backed large and up to date statistical analysis across every sport they allow you to bet on. Over the short term a person might be able to out-think them on a few odds and make a profit, but if you play for long enough then you're basically competing against artificial intelligence with much more information than you could possibly process. Virtual casino games are even worse because there are fixed odds across all games which you mathematically cannot defy. Both types of gambling companies have been making record profits from bored people during Covid, that should tell you everything you need to know.

I completely agree with this claim but then again the house will always do its best to win even when you're winning. A house that is not winning will not be able to Garner customers anyway. This is why gambling should only be taken as a recreational activity and never as a primary source of income, because you can never win against the house.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

The only question that really needs to be asked is whether the house (the casino/sportsbook) has a long term edge over the gambler. They almost always do, every sportsbook will be backed large and up to date statistical analysis across every sport they allow you to bet on. Over the short term a person might be able to out-think them on a few odds and make a profit, but if you play for long enough then you're basically competing against artificial intelligence with much more information than you could possibly process. Virtual casino games are even worse because there are fixed odds across all games which you mathematically cannot defy. Both types of gambling companies have been making record profits from bored people during Covid, that should tell you everything you need to know.

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Quote from: South Park on August 22, 2021, 01:31:58 PM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

People are free to choose whatever they like the most, if they prefer sport betting as they like the idea of adding even more fun to the sport they prefer then they can do so, and if they prefer to concentrate in games that are exclusive to the casinos then they can do the same, personally I like both and I just pick the one I feel like at the moment, and about making money with gambling we know it is possible but only a minority can do it so do not concentrate too much on that topic.

Yes, we all have different tastes, and if people like betting and are content with it, there's nothing we can do about it because it's their personal pleasure. Sports betting is also a form of gambling, so I'm not sure what the big distinction is. Both are forms of amusement that come with risks, as winnings in sports betting aren't assured because anything may happen in sports. And, moreover, you're rooting for your favorite team, which is why you're betting on them, so it indicates you're still having fun with it.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

People are free to choose whatever they like the most, if they prefer sport betting as they like the idea of adding even more fun to the sport they prefer then they can do so, and if they prefer to concentrate in games that are exclusive to the casinos then they can do the same, personally I like both and I just pick the one I feel like at the moment, and about making money with gambling we know it is possible but only a minority can do it so do not concentrate too much on that topic.

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Quote from: Dread Pirate Roberts on August 22, 2021, 12:52:21 PM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

People who like sportsbooks don't necessarily like gambling in other games. but people who like gambling can bet on any game. what more if it's a sportsbook about football or basketball or other mainstream sports that have big fans. I think its reasonable. there are people who get more hype watching their favorite team's while betting.

Is it not that money matters on everything irrespective betting and gambling. I mean, those who bet wont try on gambling? or those who gamble, does not try to bet? I am sure they would try to for both as long as they are sure on whom they are betting and how they are gambling. However, one might stick with one after a several attempts on either betting or on gambling.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Isn't the fun part of the entertainment, for example, you gamble just for fun, of course indirectly you feel entertained. Well, about everyone who places gambling as a means of making money or multiplying it with the hope of getting more, it doesn't mean looking for entertainment, but there is something that does become a strong impetus. Because he used to gamble automatically he mastered what he was looking for to make money.

Dread Pirate Roberts

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

People who like sportsbooks don't necessarily like gambling in other games. but people who like gambling can bet on any game. what more if it's a sportsbook about football or basketball or other mainstream sports that have big fans. I think its reasonable. there are people who get more hype watching their favorite team's while betting.

fiulpro

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

First of all I do think that when people try their luck in sports gambling, they know much better regarding what they are doing and they already have an idea of the outcome. It's really competitive and at the same time people are more well informed about their decisions. When you do consider normal betting I do think that you have to realize that, it's more fun and entertainment but on a different level. These people are just into having fun for the moment since the games are mostly unpredictable. Dice, crash etc, these games comes with a lot of fun and with a lower chance of winning.
I do think that at the end of the day, it depends on your mood and it also depends on what might interest you. Gambling/ sports betting is something that is very different but serves the same purpose. ( People have fun, don't they)

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Sports betting for me is for addition of entertainment. Sometimes you don't feel the excitement anymore when watching a game, so adding a bet will change that.
I don't know about how others feel about it but that's for me.
Cards, dice, poker or other types of games I enjoyed before when I was just a starter, but as it goes on doing it every day or night, it becomes different.
Being succumb in greed is what makes the game is about money. That's the time it's difficult to enjoy it particularly if you are on the losing side.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

It depends upon personal preference, i used to gamble a lot when dice was around and during that time there is nothing much to do with the cryptocurrency we hold and may be so is the reason i spent a lot of time gambling and when sports book started to launch i started hooking onto them because earlier i was betting with fiat currency and the cryptocurrency market was dope even though the odds were not that great during that period.

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

I cannot talk about others, but i only do it for the entertainment and the thrill, betting only in matches i watch and you will be more involved in the sport rather than blind betting and it is fun.

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Do we have a difference between sports betting and gambling?
I consider these two variables to be both gambling and do not see either of them as anything else outside the context of gambling. Both types of gambling can make you happy and can also make you money but can also make you lose. I don't really like sports betting, but I really like other gambling like dice and slots. We have our own preferences for games depending on what games they like.

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Quote from: Woodie on August 22, 2021, 07:24:30 AM

This should have read Sports Betting or casino Gambling as both are types of gambling.

Very correct. Gambling is gambling, anything that involves staking something to get something better is gambling. The most common of course is gambling with money. Sports betting and casino gambling may only sound as two different terms when you are very exposed and in a place with casinos and sports betting places, somewhere like a big developed city.

However for someone in a developing or underdeveloped area with probably only a sports betting shop, it is still the same level of compulsive behaviour (addiction) that he fights, that the person who always visits the casino in the city fights as well. There's no need painting it.

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Quote from: electronicash on August 22, 2021, 11:06:49 AM

it's the same for anyone who engages in gambling in card games or sports betting has the same outlook of risk, it only differs from how much they are willing to risk. sports betting however could be much entertaining even when you lose because you get to watch and enjoy the game with more excitement than without having a bet. you don't feel the same when you play cards online but if doing it right where you can hold the cards and engage with players, the excitement is there.

Sports betting is another fun way of entertaining yourself,

aside from watching your favorite players or teams you are adding spice and if does you managed to win, you'll be able to get something decent in rewards.

Having additional money for your celebrations. It can be done without gaining addictions if you play it the right way.

While with gambling luck base games or strategy games, there's a big possibilities that you'll going to get engaged too much and lose a lot of money.

Naficopa

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

There are definitely some people who only like one form of gambling. After all, a casino is almost just luck, and betting on sports is knowledge and experience. So not everyone can do it. However, I am sure there are also players who enjoy both forms of gambling.
When it comes to whether betting on sports is just a desire to earn money, I don't think so. In my opinion, betting on sports is in addition to the fact that we can earn while supporting sports.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset

Yes, but the mindset depends on individual understanding of the game and luck. There are so many gambling who always win in gambling than Sportsbetting while there are gamblers that's good in sports analysis and can easily win in sports bet.

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

one of them is willing to take more risk than than others ?

Every form of gambling have almost the same risk but the game decision with the amount put into it will determine the one who's willing to take more risk than the others

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

The hard truth is that every form of gambling is always about earning money but sports betting is also about entertainment but it will be determined by your passion for the game.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Well i would guess that a very big percentage of the sports bettors are actually big fans of sports and they are placing bets on matches not only because they hope to make some profit out of it but also to add a little bit extra excitement on top, because there is definitely a differnce between watching a game and merely hoping that the team is winning that you are supporting or watching a game while you can lose money or if everything goes well make a nice profit. I also think it definitely help if you have always been interested in sports before you started betting because that way you will always be up to date with the current performance levels of the different teams or injuries of important players and stuff like that.

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Both have different pleasures, Gambling in general is an activity that bets the outcome of an event that may be uncertain and but if it's for fun we will feel happy to play it even though there is hope of winning, and I love poker gambling and I also feel like playing it sometimes I play real with friends without betting money but with a penalty or something that makes me uncomfortable while playing entertaining.
and betting is a term used to refer to an agreement between two parties in which one party makes a careful prediction about the outcome of an event at stake, and loses or makes money if his prediction turns out to be correct.
I love football so I sometimes bet before the game starts doing predictions and statistical research on previous matches and so on, and I will also be entertained when the game starts.

I think they both gamble because they both bet using money and what makes the difference is the way they work and their activities.

Zilon

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Both are gambling. Or do mean sports bettors and casinos gamblers if that is the case the both share the mindset what actually control this two sets of gamblers is the fiat the staked. And anything that involves staking your hard earned fiat will warrant similar approach exactly the same mindset depending on individuals

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Quote from: qwertyup23 on August 22, 2021, 10:19:20 AM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Well while both are considered 'gambling' perse, it actually depends on my mood and preference on that day.

Gambling in online/physical casinos has a great deal of variety. Not only do you experience different types of platforms, but you also engage into the game by playing it. Sports betting, on the other hand, involves purely a 50/50 bet. If you are someone who casually gambles for the sake of profit, then sports-betting is the way to go. But if you are the type of person who enjoys the games and the thrill, then playing on gambling platforms may be the thing for you.

That's right, that it's more down to individual criteria in dealing with gambling in what kind of way. I don't really bet much to play poker, but I can still hang around the casino and look for suitable gambling references. That's why we just need to adjust to the pleasure we seek.

electronicash

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it's the same for anyone who engages in gambling in card games or sports betting has the same outlook of risk, it only differs from how much they are willing to risk. sports betting however could be much entertaining even when you lose because you get to watch and enjoy the game with more excitement than without having a bet. you don't feel the same when you play cards online but if doing it right where you can hold the cards and engage with players, the excitement is there.

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Quote from: Vaskiy on August 22, 2021, 10:23:33 AM

Sports betting is part of gambling. Majority of the users who prefer to be part of gambling begin with sports betting. Because, it gives them increased chance of winning compared to the casino and other games. Casinos has got the high multiplier, but the chance of losing is quite high. This means the winning out of sports betting is quite high than casinos.

i believe the OP is referring to classic games when he mentioned gambling here. anyway, it really depends on the player himself. some are comfortable with sportsbetting especially if they are living and breathing the particular sport. so betting would come easy for them and they will feel that they have higher chance of winning as compared to luck-based games. and besides, your chance of winning in most luck-based games are really low. but some people are enjoying those classic games like dice, crash, etc because you don't have to think of anything, just play and enjoy unless you want to use strategies like martingale, but we know, this strategy doesn't work all the time.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

I would be one who falls heavily in this category. I have a lot of friends who fall in this category as well. Personally I love casino game gambling as well as betting sports. I've always been in love with playing cards, starting off playing "War" as a little kid lol. The older I got I started getting more in to games such as Texas Hold'Em. I also started enjoying other games as I was old enough to go to Casinos, like roulette for example. I don't think I ever really bet on sports until I was in college or just out of.

This all being said, my mindset is no different than most other players I don't think. I play for both fun and to try and take money, but for both types of gambling I am always willing to risk only what I am willing to lose.

Vaskiy

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Sports betting is part of gambling. Majority of the users who prefer to be part of gambling begin with sports betting. Because, it gives them increased chance of winning compared to the casino and other games. Casinos has got the high multiplier, but the chance of losing is quite high. This means the winning out of sports betting is quite high than casinos.

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Quote from: Russlenat on August 22, 2021, 07:38:33 AM

Understand that sports betting is part of gambling, and there are typles of gambling, I like to name few of the most popular that I also played.

1. dice
2. crash game
3. roulette.
4. Poker
5. SPORTS BETTING.

I played more on sports betting because I loved sports, and I also believe that this type of betting does not only won by luck, you can grow here as a gambler and in the long run, you'll improve your skills.

For sure we all have different preferences and we can choose from the available gambling options like you love to gamble on sports book casino while many don't support it and you need to have a look for them as well.On my part i like to bet on poker as I have some experience in playing it and enjoy it to play with other members on the table and strategies are involved in that.So it all differs according to our priorities and we gamble for it.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Well while both are considered 'gambling' perse, it actually depends on my mood and preference on that day.

Gambling in online/physical casinos has a great deal of variety. Not only do you experience different types of platforms, but you also engage into the game by playing it. Sports betting, on the other hand, involves purely a 50/50 bet. If you are someone who casually gambles for the sake of profit, then sports-betting is the way to go. But if you are the type of person who enjoys the games and the thrill, then playing on gambling platforms may be the thing for you.

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Quote from: coin-investor on August 22, 2021, 09:07:47 AM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

I don't see any difference at all, they involved putting money and expecting a return, there is risk involved in sports betting too, take the case of the recent Pacquiao - Ugas match, many bet on Manny to win the fight but he losses by unanimous decision on analysis Pacquiao is ahead on experience but that did not happen, betting on dice and betting on sports have the same risk.

If both are risking, it means that it is still within the scope of gambling. For me sports betting is an offshoot of this type of gambling. While the concept of gambling is a general view and in it there are sub subs which are divided into several parts and one of them is sports betting.

Fesatmas

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Both we do, and it's advantageous if we master it. It's not that I often win against casino houses, it's just that satisfaction is of course for me gambling is the main choice. As for sports betting, we need to predict according to luck. Because gambling is a hobby that cannot be abandoned, it automatically becomes its own entertainment even though it has to bring losses. Because in essence we control the game and don't let the game control our emotions.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Your question remembers me in one of the sources I've read with the title Gambling vs. Bet.

The two sources that I quote below, are very appropriate for your topic.

Gambling:

Quote

Gambling, in general, is defined as betting on any event with an uncertain outcome. This involves placing or placing a 'bet' on an event, in the hopes of making more money and winning, if in case a preferred event occurs or becomes a reality. Although, gambling has an inherent sense of pleasure in waiting for the outcome to come true, it also has risks.
Here, it all depends on luck or chance when placing a bet. Gambling has nothing to do with human skill.

Bet:

Quote

Betting is defined as predicting the outcome of a future event and placing a 'bet' on that outcome. it is a simple attempt to win money by carefully predicting the outcome of an event at stake.
Here, one's skills can help based on an event, he can research and predict the outcome of the events at stake.

From the two answers above it is quite clear what you say is not wrong, it is clear that gambling has fun and betting does not have it only based on predicting events if you are right in predicting it, otherwise one must be prepared to lose and vice versa.

Of course the mindset is also not the same in gambling and betting.

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Quote from: Kakmakr on August 22, 2021, 08:49:34 AM

Both are a form of gambling and some people do Sport betting professionally as a primary means of income. You do not need a lot of knowledge and skill to play Slots... but you need a lot of knowledge to be able to bet on all the different Sports.

Poker players also turn professional and they do it as a career... to participate in tournaments... but the average "dice" and "Slot" player do this for fun ...in the hope that they might hit the big jackpot. Roll Eyes

I think that those who make money on betting do this not because they are well versed in some sports, but thanks to arbitration and other mathematical tricks that guarantee profit. Because if you do not resort to such methods of making a profit, then no matter how good your analysis is at a distance you will lose to the worst bookmaker simply because of the math that works against you.

Furious 7

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It's just the same just the pattern of different skills because it's clear that sports bets are made a lot because they really use skills to do it and this will be a definite income if they understand it, maybe it will be income.

In contrast to this casino game, it only relies on luck on the click button and I do this only for entertainment with more funds, the rest for sports betting I always pocket from capital funds because this is a sure bet because the sports I know will generate from these bets .

But I think everyone will definitely be different in his mindset.

Oasisman

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Quote from: JohnBitCo on August 22, 2021, 06:36:09 AM

Quote from: Zedpastin on August 22, 2021, 06:29:13 AM

I think it is better to bet on sports because at least you are not trying to beat the odds of the house however yes sportsbetting is still hard because of all the variables. I find sports betting more fun too because you can watch the games fold out while you have a bet on them.

So this means that chances of winning is more in the sports betting because we are not betting against the house ?

And what about the entertainment factor ? Watching the game is fun in itself but we are compare purely the gambling entertainment and betting entertainment .

You're still trying to beat the odds the sports book has offered.
Example, you beat on the game between the Lakers and Nets in favour of the Lakers +2.5 spread, your bet must win in order to beat the bookies' odds.
While the entertainment factor will always be there.
You know why? Because you're actually betting on the sport you've loved to watch. Most especially when you're betting on your favourite team and player.
When you bet on sports, you're actually enjoying the game while earning money or the other way around.
The entertainment is always there.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

I don't see any difference at all, they involved putting money and expecting a return, there is risk involved in sports betting too, take the case of the recent Pacquiao - Ugas match, many bet on Manny to win the fight but he losses by unanimous decision on analysis Pacquiao is ahead on experience but that did not happen, betting on dice and betting on sports have the same risk.

bittraffic

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We have differences which I guess we can see more and more people like sports gambling because they see fairness to it than playing the casino games like lottery and dice. I both play, particularly in lottery and dice, and then move to boxing if there are interesting fights from the athletes I follow. I just follow some of the people who gave advice in here as they are describing gambling as entertainment.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Both are a form of gambling and some people do Sport betting professionally as a primary means of income. You do not need a lot of knowledge and skill to play Slots... but you need a lot of knowledge to be able to bet on all the different Sports.

Poker players also turn professional and they do it as a career... to participate in tournaments... but the average "dice" and "Slot" player do this for fun ...in the hope that they might hit the big jackpot. Roll Eyes

Wexnident

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It's not about the risk or anything imo, it's about the fun and enjoyment one could get from these two types. Yes, technically speaking, gambling is more risky since it relies more on luck, while sports betting relies more on analytic skills and studying/researching. Ofc in my eyes, the former is easy, and a yolo moment, while the latter is tedious but fulfilling. There are always people who enjoy either of the two, or maybe both of them and really, there's no need to separate the two since, at the end of the day, they're both types of gambling.

Honestly, making money over gambling has never crossed my mind once, it was always the thrill of the possibility of winning big or small. Yes, at the end of the day it's still money, but I never use it outside, I always add it to my funds so that I can play more.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

There's pressure if you have a mindset that you can make money in gambling, it's hard to have fun while in the back of your mind you are trying to win for money, it's two things apart you either want to have fun or wants to make money, you could go careless and throw caution to the wind if you just want to have fun but if you want to make money you will employ tricks deep analysis even to the point of adding more money to have a huge bankroll, a player who just want to have fun knows his limitation even if there's a big temptation to go on.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

I play both, been with sports betting and then from time to time gamble in slots or crash games or dice or baccarat or roulette (physical casino and crypto based).

Personally, I just love sports betting and gambling so I'm not sure about having a different mindsets.

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Of course, I doubt that gamblers are playing for just entertainment, at the end of the day, you want to win. There could be some element of fun involved though.

Just a reminder though, to just play the amount of money that you can afford to lose.

mindrust

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

By "gambling" do you mean the pure luck games like dice, rocket etc? I am asking this because both "betting" and "dice-like games" are gambling.

More have their own risks. In dice games, math/luck is the only thing that determines the outcome.

In sports betting, you can study teams, statistics, players etc... sometimes you can even get some insider information but when you reach that level it stops being "gambling".

ethereumhunter

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I think their mindset is how they can win gambling from their favourite gambling games or sports betting but they use different ways to playing gambling. But both still use money involve to make money and risk more money if they think they can win on the games. But unfortunately, not many of them win on gambling or sports betting because they can not analyze better and do not have luck and mostly, they do not have the luck to win.

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Quote from: UmerIdrees on August 22, 2021, 07:39:00 AM

Quote from: yazher on August 22, 2021, 07:26:23 AM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Most of the gamblers had already taken it to the next level where they seem not able to breathe well when any of those two are unavailable to them. Yeah! entertainment is not what they want, rather those profits will make them happy if they ever won. But as you can see, when they lose, there seems no happiness in their faces because they realize what they have done. They just lose it and thinking that will somehow find a way to get back what they've lost.

In both gambling and betting, the motive is to earn the money. There is no way that anyone is gambling and did not want to win in the end. Similarly why you bet on matches, because we want to win and earn money otherwise we can get enough entertainment by watching the sports of our choice.

It is the motive you want to make money but I think every rationale gambler admits that they are betting against the odds and are unlikely to win in the long term. I have been gambling for many years and I have never profited after all this time. I have won bets but those wins turn into losses after a couple of months. I do not know any one personally who is in the green I only know of certain celebrities which made their career out of gambling. Dan Blitz is one of them.

Viscore

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Maybe OP meant gambling are games like dice which are based on luck, for me, sports betting is not purely based on luck, you can use your skills here, so I will go for sports betting than any other type of game. However, we have to understand it has the same risk of losing our money, so we still have to make the right strategy and understand the basics of gambling which is the risk and reward.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

I can't say anything about the types of mindset, but in my opinion, betting is much safer than gambling. Even if you have a serious addiction, due to the fact that sports events are not endless, you make certain pauses in the game and you have a chance to calm down and return to an adequate state, but if you gamble, you can continue to endlessness at any time.

UmerIdrees

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Quote from: yazher on August 22, 2021, 07:26:23 AM

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Most of the gamblers had already taken it to the next level where they seem not able to breathe well when any of those two are unavailable to them. Yeah! entertainment is not what they want, rather those profits will make them happy if they ever won. But as you can see, when they lose, there seems no happiness in their faces because they realize what they have done. They just lose it and thinking that will somehow find a way to get back what they've lost.

In both gambling and betting, the motive is to earn the money. There is no way that anyone is gambling and did not want to win in the end. Similarly why you bet on matches, because we want to win and earn money otherwise we can get enough entertainment by watching the sports of our choice.

Russlenat

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Understand that sports betting is part of gambling, and there are typles of gambling, I like to name few of the most popular that I also played.

1. dice
2. crash game
3. roulette.
4. Poker
5. SPORTS BETTING.

I played more on sports betting because I loved sports, and I also believe that this type of betting does not only won by luck, you can grow here as a gambler and in the long run, you'll improve your skills.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Most of the gamblers had already taken it to the next level where they seem not able to breathe well when any of those two are unavailable to them. Yeah! entertainment is not what they want, rather those profits will make them happy if they ever won. But as you can see, when they lose, there seems no happiness in their faces because they realize what they have done. They just lose it and thinking that will somehow find a way to get back what they've lost.

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Yes they are different, and taking more risk....I think those that are casino inclined take more risks because of the different kinds of strategies that are available to them, Sports Betting as few betting strategies that can be applied to it say for example hedging which isn't allowed on most platforms, others strategies like martingale can't really be applied to moat Sports games.

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Let's call a spade a spade, we all gambling for profits and not fun and games...we might hide under the guise of fun but the primary objective is money am certain not everyone will agree with me

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Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

If you are betting to earn money then you are doing it wrong statistically you are not going to earn any money. Most people are in the red from bets. They do it because it is fun. You might win the odd betslip but that will soon disappear if you continue to bet. The only ones which are in the green are those that have won very large amounts and have not gone crazy with their betting since they won that large amount.

Quote from: JohnBitCo on August 22, 2021, 06:36:09 AM

So this means that chances of winning is more in the sports betting because we are not betting against the house ?

Not really but kind of because there is a fixed chance that you win in casinos but sports betting it depends on your picks. If you are very good at watching football and know all the teams and players know their weaknesses and strengths you probably have a better chance than most people of winning regularly. Casinos you cannot do that especially on things like slots. You could count cards but that is the only example of being able to change the odds in casinos.

JohnBitCo

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Quote from: Zedpastin on August 22, 2021, 06:29:13 AM

I think it is better to bet on sports because at least you are not trying to beat the odds of the house however yes sportsbetting is still hard because of all the variables. I find sports betting more fun too because you can watch the games fold out while you have a bet on them.

So this means that chances of winning is more in the sports betting because we are not betting against the house ?

And what about the entertainment factor ? Watching the game is fun in itself but we are compare purely the gambling entertainment and betting entertainment .

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Well, first of all, there are a lot of different people in the world, so for sure there are definitely indifferences between everyone. Maybe one person prefer to have it as a reward and the other one wants it as an instantaneous gambling result. They are both taking risks but one may differ in chances like in sports betting, they have the element of studying the actual team and probably increase the odds of them winning. On the other hand, gambling in roulette or other types of games that depend only on luck, most likely would be hard to predict, hence more risk. It's just that the result of the latter is faster.

Quote from: JohnBitCo on August 22, 2021, 06:22:14 AM

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

It's definitely for money, I don't think it's anything else but that. If they lose, okay, it's for "entertainment".

Zedpastin

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Both are these things are gambling the difference is gambling in a casino means that the favor is always in the houses favor. Sportsbetting you are not betting against the house instead you are betting for the predictions you make and the only thing that changes the odds is the amount of people who have backed those odds. I think it is better to bet on sports because at least you are not trying to beat the odds of the house however yes sportsbetting is still hard because of all the variables. I find sports betting more fun too because you can watch the games fold out while you have a bet on them.

JohnBitCo

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There are people who play gambling only while there are others who prefer betting only.
Do you think both of these type of people have different mindset and one of them is willing to take more risk than than others ?

Also do think that gambling is for the entertainment and earning money too but people do betting only to earn money and there is no element of fun involved in it.

Topic: Sports Betting Or Gambling ? (Read 337 times)