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Topic: The fine line between market investment and sports gambling - page 6. (Read 1452 times)

legendary
Activity: 1974
Merit: 2124
Sports betting or gambling comes under entertainment prespective although we use our skills, knowledge and experience to get exposure to new gambling sites coming in the market to get huge wins.Market investment are done with view to secure our future and have savings in the long run if we have invested in the right project like top cryptocurrencies, stock and bonds or gold or real estate or others.They both are based on your fate and if it's in your side you will definitely will win in the long run.But we need to differentiate between gambling and investment like gambling is more luck based but trading is complete package of your skills and knowledge you cannot blindly invest anywhere.So always play them in their respective area with your goals in mind.
sr. member
Activity: 2380
Merit: 366
First, I personally think both of them should stay legal. I mean what is wrong with a game that you can risk to lose money to win more... But I also think same with many. I think both should be regulated.
I think biggest reason between gambling and market investment is risk/gain value. Gambling is far more hard to be successful.

Exactly my point also. Both have their own risks. Both are therefore gambling in their own respect. Both could make one make money but both could also take away one's money through losses. Both have also their own sets of discipline.

But I don't think it is particularly harder to succeed in gambling than in investing. These are two different areas where one could become a master. In luck-based gambling, it is hard because the bets are not made out of careful analysis, skill, knowledge, etc but if we refer to skill-based gambling like poker or sports betting, there is mastery involved so it is not really harder compared to investing. It only involves a different set of capabilities.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
I have tried both and let me tell you that market investment or trading like they call it is way more dangerous than gambling.A gambling event for example sport game takes time like 90 minute a match and gives you time to reflect while the market changes every minute and if you become addicted you can cause yourself a lot more damage than gambling and this in a very short time.
You can hold your investments in the long term and you can pull it out anytime you feel like while in gambling overtime you are losing more money even if you are winning because the wins of the present is to offset the losses from the past and in gambling losses tend to incur faster than wins so I don't think that investment is more dangerous than gambling, maybe if you are on a pyramiding scheme then maybe your investment is in danger.

HArd fact but true , We may think that winning is on ours today but we don't tend to remember that our wins today is the losses we have in the past.
I Know also that we will never win in gambling if we don't know how to invest while in gambling.

So we are never winning because we still carried the losses from the past unless we can hit the jackpot, which I do not think will be easy to do. Many people are trying to playing gambling with money, but that only gives your money without winning.
something like that mate  Grin or we are still living in the past loses haha
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But if in the investment, you will see the profit come to you in the future, although the price now is down, the chance for the price to increase will still be bigger. So you can choose what you want to do Grin
Well there is 2 investment in gambling platform that i read in gambling discussion but the one fails while the others earn.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
The simple truth , (truth should not be confusing or too complicated) 👇

Gambling is taking big risk, whether in politics, forex, stock trading, investment,  sports, etc ,. The big risk is actually what makes it immoral... not the betting itself, otherwise lottery, referee throwing coin in the beginning of a match would be immoral.
The general terms should be Betting/Prediction rather than gambling. People typically associate gambling with taking big risk and  are/were discouraged from gambling.

Betting has to be safe in order to be considered moral.
You can Bet in sports without taking big risk or without gambling.

I have bet few times online but never gambled(except maybe few times in Crypto trading) . I have gambled few times over seven years ago in national stocks and lost alot.

hero member
Activity: 1974
Merit: 534
Investment and Gambling are but two sides of the same coin. Both can rake in money, and both could leave you penniless as well if you're not thinking straight. But what I believe is the biggest difference between the two is their purpose. Market Investment is made to make money initially, and Gambling, tho some may argue, is primarily there for entertainment. It's up to you to think about the worth and weigh of the two.

Totally agree!
In both cases, people should draw their own line which shouldn't be crossed. Investing constantly and just for the sake of doing so is pure gambling and the opposite.
Even in gambling, if you play smart and look for value, it could be considered an investment. 

I also agree, investing and gambling is both about managing risks. You have money at hand which you want to put to use by either betting, gambling, trading or investing it. All of these things involve risk for which you are being rewarded by money from other people. You can either go long or short in investing, the same goes for sport bets. You can bet that your team wins or losses. Also in the eye of  the government these are very similar things, because you need to pay taxes on them. If you know a lot about a company you can trade their stock, if you know a lot about the sport team, you can bet on their next game.
hero member
Activity: 3038
Merit: 634
In the sense of other games which are pure luck, I think the difference starts there but it's also debatable that there are investors that are only choosing coins through luck and don't mind if that coin will take time for them to prosper.

Agree so in the end, no need to really differentiate the risks between market investment and the usual gambling investment.

Other people can professionally handle trading but not in gambling while on the other hand, there are people who can handle gambling but not trading.

But to get profits, it all relies upon our own strategy on both.
Yeah, it's the opposite and the other way around. Where is the person is good at, he/she should be staying on it.

The problem with gambling is that you either win or lose within a time frame as the game gets over but if you are investing in an asset you can just wait for months and even years because you believe in the project. Imagine someone buying bitcoins at 10k then having to see the price drop down to 3k but if they kept faith now they can get huge value but with gambling you either lose or win and there is no chance for you to delay or wait for things to change in your favor.

Gambling should only be meant for fun as everyone says and that is because no one can actually win in the long term, no matter what strategies you make you are always going to lose. Investment is made because you believe in a project and just want to buy some shares, a completely different scenario.
That's the difference in investment and as I've said you, don't mind waiting until that coin starts to recover. Gambling for fun is always being said but there really are those gamblers that are very professional and no doubt good at it.
jr. member
Activity: 31
Merit: 1
Investment and Gambling are but two sides of the same coin. Both can rake in money, and both could leave you penniless as well if you're not thinking straight. But what I believe is the biggest difference between the two is their purpose. Market Investment is made to make money initially, and Gambling, tho some may argue, is primarily there for entertainment. It's up to you to think about the worth and weigh of the two.

Totally agree!
In both cases, people should draw their own line which shouldn't be crossed. Investing constantly and just for the sake of doing so is pure gambling and the opposite.
Even in gambling, if you play smart and look for value, it could be considered an investment. 
sr. member
Activity: 2030
Merit: 323
This has been one of the debates about trading and gambling for which both bear risk and can be said that there's really no difference at all. But in this case, since it's been specified that it's sports gambling, just as trading it requires analysis and case study for you to get closer to the probability of winning.

In the sense of other games which are pure luck, I think the difference starts there but it's also debatable that there are investors that are only choosing coins through luck and don't mind if that coin will take time for them to prosper.
The problem with gambling is that you either win or lose within a time frame as the game gets over but if you are investing in an asset you can just wait for months and even years because you believe in the project. Imagine someone buying bitcoins at 10k then having to see the price drop down to 3k but if they kept faith now they can get huge value but with gambling you either lose or win and there is no chance for you to delay or wait for things to change in your favor.

Gambling should only be meant for fun as everyone says and that is because no one can actually win in the long term, no matter what strategies you make you are always going to lose. Investment is made because you believe in a project and just want to buy some shares, a completely different scenario.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
In the sense of other games which are pure luck, I think the difference starts there but it's also debatable that there are investors that are only choosing coins through luck and don't mind if that coin will take time for them to prosper.

Agree so in the end, no need to really differentiate the risks between market investment and the usual gambling investment.

Other people can professionally handle trading but not in gambling while on the other hand, there are people who can handle gambling but not trading.

But to get profits, it all relies upon our own strategy on both.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
Investment and Gambling are but two sides of the same coin. Both can rake in money, and both could leave you penniless as well if you're not thinking straight. But what I believe is the biggest difference between the two is their purpose. Market Investment is made to make money initially, and Gambling, tho some may argue, is primarily there for entertainment. It's up to you to think about the worth and weigh of the two.
legendary
Activity: 1610
Merit: 1131
 Investing in futures contracts and gambling have common characteristics and for this they can bring us profit or loss, Because they both rely heavily on betting!!
sr. member
Activity: 1694
Merit: 299
Question: "Market investors and hedge funds bet the price of an asset will increase or decrease by buying or shorting stocks. Gamblers bet one sports team will defeat another by placing bets. Is there a real difference between these two things. Should one be illegalized while the other is not."
The only difference I see why investing and trading are considered superior to gambling is because you improve every day while if you are gambling you are getting addicted instead of learning. The graph for a trader's knowledge will go up while the graph for a gambler will always be down. Plus gambling has a house edge while trading hardly carries any edge apart from minimal trading fees of the platform you use.

If someone is betting on sports and somehow achieves the ability to negate the edge on sports betting through sheer analysis and updates, then it might be worth it for them but actually, such players are banned/limited by most sites because it is quite obvious that if one is able to earn consistently in sports betting over a long period, that means they are doing something crazy because sports betting has a massive house edge.
hero member
Activity: 2716
Merit: 552
For me personally the "fine" difference between market investment and gambling is knowledge about the evaluation of factors that determine the outcome. E.G.: You can never predict the number in roulette, but you can predict some makret environment regarding preferences of potential buyers. In this case you can lower the risk and get a state of a +EV decision.

But gambling doesn't only focused on roulettes. How about sports betting? You can actually evaluate the factors to determine the outcome of the game, rather which team comes out with a win. In this type of gambling, you can also lower the risk of lossing.
There might be a fine line between market investments and sports gambling like the ones mentioned in the OP, but the only difference I can see is that gambling was unfairly treated by some of the governments that prohibits the act of gambling without these complicated requirements to comply.
hero member
Activity: 3038
Merit: 634
This has been one of the debates about trading and gambling for which both bear risk and can be said that there's really no difference at all. But in this case, since it's been specified that it's sports gambling, just as trading it requires analysis and case study for you to get closer to the probability of winning.

In the sense of other games which are pure luck, I think the difference starts there but it's also debatable that there are investors that are only choosing coins through luck and don't mind if that coin will take time for them to prosper.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
So we are never winning because we still carried the losses from the past unless we can hit the jackpot, which I do not think will be easy to do. Many people are trying to playing gambling with money, but that only gives your money without winning.
Hitting a jackpot comes only One in a Billion chance mate meaning this cannot be for many times.

Meaning totality is we are loser and the banker will always Win.
Besides, it happens one in a billion chance, which will come to one in a billion people who have big luck at that moment. That shows us playing gambling will not benefit most people who want to make money from gambling.

But if in the investment, you will see the profit come to you in the future, although the price now is down, the chance for the price to increase will still be bigger. So you can choose what you want to do Grin
Well it is not constantly gaining because In the former YoloDice in which i followed to investors , the first one lost while the other one gains because of the Huge increase in Bitcoin but if not?sure he will lose as well.
I think some investors in YoloDice really profit from the investment in that site, but they do not tell who they are, so we do not have references for them except people who share their story in this forum.
legendary
Activity: 2688
Merit: 1192
I think "market investment" is too broad a term when you mention quite different types of topics. As written within the article you posted, forward contracts are very often used with a specific purpose - such as airlines trying to predict their future costs during a set period of time. They might end up paying a little bit extra for fuel, in return for a trader (who has hopefully done their homework) taking the risk that they can predict the price of a commodity such as aviation fuel. That is vastly different from a novice trader taking a punt on the latest cryptocurrency that they may have stumbled across through their facebook feed. It may ultimately come down to levels of education and professional accountability as well. A professional trader who has analyzed decades of history, is accountable to a standards body and may face criminal sanctions for large errors has a lot more motivation to work sensibly than a bedroom trader trying to boost their own funds without fully understanding what might raise or lower prices.
hero member
Activity: 868
Merit: 513
Despite some similarities, these activities are radically different. Gambling is just a game of luck. Hedge funds don't play with luck - they buy and sell liquidity, arbitrage interest rates and risks, etc. This is an ordinary business that has nothing to do with gambling.
By the way, a traditional businessman like a baker of buns can also suffer from random events, but we are not saying that his activities are similar to gambling.
Thinking that hedge funds don't play with luck is naive in my opinion. 2008 has shown the world how the big finance companies are gambling with money and take extraordinary risks in order to gain profits. The difference between hedge funds and gamblers are just, that the first are able to manipulate markets because of their market power.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Despite some similarities, these activities are radically different. Gambling is just a game of luck. Hedge funds don't play with luck - they buy and sell liquidity, arbitrage interest rates and risks, etc. This is an ordinary business that has nothing to do with gambling.
By the way, a traditional businessman like a baker of buns can also suffer from random events, but we are not saying that his activities are similar to gambling.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
there is always a risk involved this is why both market have some similarities. but it's very risky compare a bet to an investment.
a bet is like an option. there is a specific timeframe after it a bet will be worthless.
an investment (like buying art or commodities) could always be sold, and there isn't this "limit" for sell in a specific time frame.
for sure everything can be see as a "gamble" if you're taking a risk, but it doesn't means this should be limited or linked to sportbets.
legendary
Activity: 2604
Merit: 2353
~snip

An interesting question was posed by the author here.

Question: "Market investors and hedge funds bet the price of an asset will increase or decrease by buying or shorting stocks. Gamblers bet one sports team will defeat another by placing bets. Is there a real difference between these two things. Should one be illegalized while the other is not."

I suspect some who have tried their hand at both gambling and crypto exchange trading might identify with these remarks. High risk correlated with high reward ventures such as sports gambling and market investment might both qualify as gambling. There may be many cultural and societal similarities between equity traders and sports gamblers as well. With big data and algorithm based approaches being the most successful innovations of recent times, in both areas.
I don't think big data and algorithm based approach is the most successful in sport betting. Do you have any figures to back this up by chance? In sport betting we aren't betting on markets driven by supply and demand. We are betting on humans, alone or in teams, that's a big difference because players themselves don't know how they will be and how they will play during the event. They don't know themselves how many chances they have to win or to lose their match. So bettors have to know them better than themselves at the end.
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