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Topic: The fine line between market investment and sports gambling - page 7. (Read 1425 times)

hero member
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Although both might possess some level of similarity but in the real sence sports gambling is purely a bet without any analysed technique.
Both posse some similarity as you said but sports betting is never a gambling without any analysis techniques and betting in sports game without any analysis is betting to loose.
While betting on the market price is just like an option trading and can be dangerous.




member
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I recently read that there is a similarity between sports gambling and market investment like trading. If you consider that market investors are making bets, it's already gambling with the definition of "bet" itself. Speculators on the market that try to predict where the value will go are gambling.
There is an article by Investopedia that overviews investment versus gambling and I have to say that the only similarity that they listed that I agree with is that both involves some risks but that too can differ if there is an in-depth analysis done because investing doesn't necessarily take away your money even if the company is going under or performing bad while in gambling, once you lose then that's about it, you lose the money.
sr. member
Activity: 2618
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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.

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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 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.
sr. member
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Although both might possess some level of similarity but in the real sence sports gambling is purely a bet without any analysed technique. In sports betting gamblers place bets on the ground that a particular team would either score against the other or it ends up in a draw game

For market investment we tend to look at different market strategies before making an investment. In oil trading different factors decide the trend of the market, weither it would be in a bullish or bearish trend

In conclusion sports betting and gambling generally is completely different from market speculation which we call trading in general
sr. member
Activity: 1624
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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.
Hard fact but true is redundant. You can actually see the results for yourselves in regards to your gambling habits and to see if you really are winning, you can chart your loss, wins and capital every time you gamble and you will eventually see a pattern that is slowly going down. You can just invest and not gamble at all, I mean you will get more profit out of your investment if the money that you plan to gamble was put on investment.
copper member
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I recently read that there is a similarity between sports gambling and market investment like trading. If you consider that market investors are making bets, it's already gambling with the definition of "bet" itself. Speculators on the market that try to predict where the value will go are gambling.

Let's say it's about trading, trading daily is gambling, but if you invest in the asset and believe that the price will rise, it can be considered differently. What lacks now is the competitiveness between investors and that's where trading comes in. Still gambling.
legendary
Activity: 3248
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There is that fine line between these two... I am talking about that for years!
Everything is gambling, you invest/bet/buy with one goal, that goal is making a profit! You risk, and according to the risk level and your investment/bet/buy there's a reward you can expect in the end!
The fine line is the preparation before making a move! For roulette (just an example) you don't need it, you just choose red/black/green, or number, you place a bet and you see the outcome in a moment! With trading, investing, sports betting... you need to prepare! You need to check many things and only then to make a move! After making a move certain period of time needs to pass before we see the outcome!
Whatever option you choose, remember winning and losing are parts of all these games! I will call them games because it's a game where you play and depending on your skills and the bag you carry will affect your rank in the specific game!

hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
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.

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
full member
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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.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
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.
legendary
Activity: 2534
Merit: 1338
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.
It really depends on what you mean by dangerous, I like gambling but very few people have any chance of making money on the long term, while when it comes to trading even if the odds are still small there are many more chances this is indeed going to happen, so from that point of view gambling would seem more dangerous, but when we think that most casinos are going to limit the amount you can bet on each roll of a dice and this is not true when it comes to trading this means that you can lose a lot more with a single bad trade than a single bad bet making trading more dangerous from that point of view.
legendary
Activity: 2422
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On a broader perspective both are different. Betting on oil prices is different from betting on a football match IMO. On the longer term, if more and more people depend on oil products rather than moving over to electrical automobiles we would be noticing a sharp increase in prices but on the other hand if more and more global population move towards electric products, we would be seeing a decrease in huge demand and hence oil prices wouldn't rise up so high in the upcoming decades. So I would consider this betting lies with an important factor of how technology is rising, for example if more people are interested towards electric cars we could never be sure future oil prices wouldn't be so higher.

But the outcome of a football match can be partially predicted based on the past performances of the team and the key players present in the current match. Also there are possibilities that players could be bribed and they may not be playing well on a few particular days. Hence on a broader sense, the outcome of the match is depended on the player and we can never predict completely if they might be playing really good or not. Nowadays stocks has become equivalent to crypto i.e there are so many manipulative pumps and dumps like how Gamestop happened where a powerful person like Elon and a community like Reddit could play with the people's money. On a conclusion note both crypto, stock market can be very well considered as gambling along with betting on a sports game.

Good article man. I would add that oil price is also depend to the amount of traders that buying/selling futures on oil. And football outcome don't depend on how many people bet on this match.

For example, you can predict price moves in oil if you know how much people bought oil futures and so on. And you're not able to know who will win in football match if you know that many people bet on team A. Chance of winning doesn't increase for team A because many people bet on it.
legendary
Activity: 1584
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On a broader perspective both are different. Betting on oil prices is different from betting on a football match IMO. On the longer term, if more and more people depend on oil products rather than moving over to electrical automobiles we would be noticing a sharp increase in prices but on the other hand if more and more global population move towards electric products, we would be seeing a decrease in huge demand and hence oil prices wouldn't rise up so high in the upcoming decades. So I would consider this betting lies with an important factor of how technology is rising, for example if more people are interested towards electric cars we could never be sure future oil prices wouldn't be so higher.

But the outcome of a football match can be partially predicted based on the past performances of the team and the key players present in the current match. Also there are possibilities that players could be bribed and they may not be playing well on a few particular days. Hence on a broader sense, the outcome of the match is depended on the player and we can never predict completely if they might be playing really good or not. Nowadays stocks has become equivalent to crypto i.e there are so many manipulative pumps and dumps like how Gamestop happened where a powerful person like Elon and a community like Reddit could play with the people's money. On a conclusion note both crypto, stock market can be very well considered as gambling along with betting on a sports game.
full member
Activity: 1638
Merit: 122


There are difference and similarity, both are risky you can lose everything if you do not know how to analyze and you are not knowledgeable on how things work, the motivation that drives you to participate in both market is profit and rewards, if you are a market investor coming in the sports betting you will find all the elements of investing in the market in the sports gambling, you can't just place your bet and hope it will win, there should be analysis and compelling reasons, why you come out with that decision, that's also the same for sports bettors coming in the investment market.

Both should be legalized because they can be regulated and they can be taxed and both work on trust if investors and bettors see that they are regulated they easily participate .

analysis is optional  . i tried investing and gambling without analysis and result is win because im lucky but analysis can make your game more surer .
 i agree that profit is my main motivation to join gambling and investing but aside from profit i join them too because i have nothing to do and i want something to keep me busy throught the day because of quarantine .
regulated or not you can file your own tax or if you live in places where tax is compulsory
legendary
Activity: 3346
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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.



There are difference and similarity, both are risky you can lose everything if you do not know how to analyze and you are not knowledgeable on how things work, the motivation that drives you to participate in both market is profit and rewards, if you are a market investor coming in the sports betting you will find all the elements of investing in the market in the sports gambling, you can't just place your bet and hope it will win, there should be analysis and compelling reasons, why you come out with that decision, that's also the same for sports bettors coming in the investment market.

Both should be legalized because they can be regulated and they can be taxed and both work on trust if investors and bettors see that they are regulated they easily participate .
sr. member
Activity: 2366
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I couldn't see any differences in their essences, though. Investment in the market and sports gambling are both high risk, high reward activities, except that the former is favored legally by the government since they also peruse this to make money, plus the bulk of the tax money that they are getting are from companies that invests in a specific market. I have nothing against traders and investors in well-ironed suit-and-tie combo, it's just that I believe that they are, in essence, the same, and they only differ in the methodology and the environment to which they achieve their end goal.

The same understanding here. In essence, they are both the same. There is risking involved in both of them. So they are both gambling to a certain extent. But then each of them is referring to two different areas. They are in essence similar but they are not completely the same. In terms of which one should be made legal and another illegal, I think both could easily be made legal. After all, both of them could be done within the bounds of the law.
hero member
Activity: 1666
Merit: 753
I would say that if you're speculating without basis, without rigorous stop-losses and limits, then you are gambling.

And I've seen plenty of people who suffer from this sort of delusional behaviour. They think that they are making investments into futures and options when in reality, they're throwing themselves into a -EV game that will cost them money in the long run.

Vice versa, if you are making educated bets (through modelling or knowledge) on sports, then that should count as an investment.
legendary
Activity: 3542
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I couldn't see any differences in their essences, though. Investment in the market and sports gambling are both high risk, high reward activities, except that the former is favored legally by the government since they also peruse this to make money, plus the bulk of the tax money that they are getting are from companies that invests in a specific market. I have nothing against traders and investors in well-ironed suit-and-tie combo, it's just that I believe that they are, in essence, the same, and they only differ in the methodology and the environment to which they achieve their end goal.
legendary
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...

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."

...

Yes it is different. Many people think that the stock market is a casino - and you can certainly play it as such. Most retail investors from the new generations are using low cost trading platforms such as "Robinhood" to place bets and play it as games.

However, once you get proper financial education and you bother to understand the principles of investing, you will see that there is some order in the chaos. I guess you could argue that it is also true in games once you get to know the teams and understand the sport, but then you should say that "gambling is like investing" not the opposite Smiley
legendary
Activity: 2422
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Crypto for the Crypto Throne!
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.

You're definitely right about comparing gamblers and traders, man. Very, very much right  Grin

Trading in most cases is just a gambling in long term. In the other ways, "investment" is a little different, because in that case (if we are not talking about venture investments) you're investing in things which already proved to be trustworthy,
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