Topic: The most precise definition of gambling? (Read 1491 times)

Gambling and betting are definitely one and the same thing. At most, the difference would be in gambling, a gamblers plays the game himself while in betting he chooses one of the two competitors and places his money on him.

For example, in sports betting, people mostly place bets on one of the two teams while they themselves just sit and wait for the outcome. In the end, both are useless and luck dependent.

For me the two has the same meaning it engage both money. Gambling and Betting are hoping for luck also both are risky ,because in the game you cannot assure your self if you will win. Either the two can make a person's life a mess for most of the time they will be addicted to it.

Basically, it’s gambling in which we do a lot of betting and win huge amounts of money if we are luckier enough but if the case is opposite, then nothing will be by our side except regrets. Some people think gambling is risky because they can’t afford the losing unlike the people who say gambling is not risky because they can easily afford the losses from gambling. Strategies don’t work in gambling but knowledge does.

Exactly, gambling is equal to risking of everything you have in your house or in your pocket, also because people are well aware of the fact that the money will be doubled and if I will win and all other things will be in waste. Risking all of your things is nothing else than a big blunder from ones side because the money you people earn from gambling is not actually yours. It is borrowed and it has to be fulfilled.

I was surprised to see this thread billowing to the surface. this is the thread I created in 2016. when I do not understand anything about gambling. 

and I am very grateful to all the members who have entered in this thread. so it can make me understand all kinds of gambling.

Why does it matter all of a sudden, anyway?

Actually, to be really precise about it, gambling is referred to anything that has to do with business. When you put money in on the premise of growing said money, that is already gambling. But the thing is, by culture and religious practice, gambling connotes a game whereby people carelessly waste hard-earned monies. Hence, it is being widely ostracized by the religious and conservatives which I find really wrong. You know, business per se is a gamble; now, does that mean that business is not good?

The takeaway here is to not stereotype the term gambling because gambling alone does have multifarious meanings. I am so glad this topic is discussed in this forum so as to put an end to wrongful limitations of terminologies.  

Gambling the lucky paradise for those lucky people who win the big bucks. Those clever people who make money and quit at the expenses of the those people who consider the gambling as a money making zone and keep losing money for others benefit.

Gambling and betting both are same,maybe people we use different terms to denote the same terms.But definition of gambling in my opinion is risking out money to earn money but don't know this is the precise definition or not.But we no need the definition for doing that just what we have to know is it is not an money making business,it is found for entertainment purpose.So never use only for making money and if you do never cry if you lose your money.

What a precise definition indeed and a very funny way to put it lol. I was surprised when I even heard in my country that there are people who do this for a living (sports betting) and they make a lot from it anyway. As long as you do not know the outcome of anything and you are placing valuable money on it and expecting it to favor you even when knowing you can lose it all, then it is gambling. A lot of people have dreamed of becoming rich quickly but unfortunately it ended otherwise.

Betting is also a gambling you bet to win. Gambling is a risky you can win or lose in short time no need a strategy or knowledge, on gambling you need a luck for you to win. If you have no luck accept the fact that you will lose everything your money.

Poker still depends on chance, it is how you play your card but the deciding factor is the last drawn cards.  You can bluff to your heart content but if the player is as skilled as you in bluffing it will end up on the last drawn card.  So at the end gambling game really a game of chance.

We perceive gambling differently as we gamble for fun and some for money. Some just want to feel the risk and chills that gambling can give. And these can feel at the same time and when you won there's something inside us that it feels like we accomplish big things. So yes, gambling defines all of these and if one of these lacks it won't be that fulfilling.

I can say I agree with you, but we can not judge all gamblers are definitely gambling for money, because for those who mainly have a lot of money, they gamble just to pass the time and double the money is just a bonus.

People say that they are paying gambling for fun but the main reason for their gambling is to earn money; a lot of money to live a luxurious life but they don’t want to show this thing as people will make fun of them if their secret would be revealed . Basically, in gambling we make different bets and after winning that bets, our money is doubled. Betting is also a part of gambling and its component too.

Gambling = Risking what you have

When you will risk more than what you can afford to loss than it will make you sad and frustrated.
When you will risk only what you can afford to loss than even if you will loss some you will get entertained.

Crypto trading for newbie is also just like other form of gambling...

Simplest definition for gambling is risking our money.

Gambling and betting looks like the same meaning but not all bettings can't be considered as gambling because sometime we are play bets betwwen friends for some kind of this so it is not gambling.

Gambling is when you put a money bet on something like a game to double that money. And for betting and gambling I think it's just the same, but gambling is when you place a bet on a game like poker and you have to play, while betting is when you place a bet and you do not have to play, just like sport betting, you're just guessing and see who wins. But in essence both things are the same.

Wagering your money or something of value on a event, doesn't have mean that the 'event' part is a sport. You place your money on a roulette or the slots isn't that gambling your money? Its most definitely not betting.
You're saying that we deal with wagering our money everyday in our life with everything that surrounds us, bro what you on about? I definitely don't do that on a monthly basis, especially not daily.
The part with the uncertain outcome, of course its an uncertain outcome, if its not rigged or something how can you be 100 per cent sure that you'll win? Of course we can't predict the future and still invest in ourselves but what has that to do with gambling, I just can't get.

I believe that gambling is done by playing with different people either online or in real life. It also includes betting over money or something else. On the other hand, betting is done by betting an amount of money in order to win a large of money in the end. To elaborate, you are not going to play against people but with people, and if you get the right results of games or football games, you will win the money or share it. They both are relatable.

You have given a very good definition of gambling. Moreover, I would like to add in this that people like gambling as a source of income not as a game that’s why people love to gamble and become addicted to it in a very short Interval of time. Gambling was and will remain addicted throughout your as well as mine life because no country would like to see her people dying because of things that are meaningless.

In my mind personally., betting is a part in gambling when we're in gambling, and gambling itself is a term., that says it's one thing that playing a fate in a game to gain many win bets. Well., I think essentially is like that.

I think you are confusing between 3 words Betting, Gambling and Definition. Right?
I don't think you need to confuse between them, First of all, Definition of gambling, is whatever you think about gambling and for me, gambling is made for give us fun and excitement and when we start it then we come into the entertainment world. But when we see that we have loss the game, then our enjoyment and fun has been ended.
And betting and gambling, both are same words of one path, firstly we start to play gambling and select the game and then we start bet on game, Usually we use word betting for sports betting. 

Why do we need the exact definition of gambling ? This will bring any differences into a gambler ? I believe no one will bother about knowing the literal meaning of the word gambling, still they are into gambling for years. I mean to say in practical life we never give you important for the literal meaning of anything but we are misusing that system/thing.

It is happening everywhere so it is happening with gambling too. I never give importance to know the definition of gambling because I know it will never bring any changes in to my gambling activities.

in my opinion, betting and gambling is the same thing although the games are different but the purposes is same between betting and gambling. we are betting and gambling to make money as the profit in the games and we spend much time to try to earn money from the winning the games. I think you don't have to confuse about the definition of gambling and let it be like that because every people have each definition and it cannot force to be one definition.

My definition: systematically losing copious amounts of hard-earned money while chasing the dream of becoming rich quick doing nothing but sitting on one's ass and watching sports 

This specifically pertains to sportsbetting.

There is no precise or finite definition even dictionary or encyclopedia. Why? Because the answer is on your own how gambling approach you and it is on your own definition. For me it is simple as a place o site that you will play games for entertainment or money. Betting is the money or argument to put in a table or counter to play and gambling is a variety of games.

If what you want is precise, for example, having everything that you want in a sense that everything that happens in gambling is explained, it's hard. The general thing about gambling is that you are going to risk something and you are going to hopefully, profit from it. That's just the sense of it, in my opinion, nothing else.

Gambling is defined as playing games for wining money through betting and other ways through which you can challenge the games winning and loses prediction and you challenge the games in the casinos and other games like now the gambling is increasing day by day and due to virtual currency gambling is so fast and playing dice and poker are the major games in gambling.

Absolutely yes.Gambling depends on your pure luck and does not imply a definite outcome,either you win or you lose in the game.Betting is still considered gambling because money is still the main purpose in winning a certain game.And any game that involves money or any valuables as a reward is considered gambling in general.

The definition of gambling according to me; is to provide a material response for an action you believe to be in the future. Almost everything can be gambled. Just like home-car bets, it's just an ice-cream bet.

Will for me ,every person have its own definition in gambling and its depend  on how he define into his own opinion,but in my own meaning of gambling i stated its  a part of recreating yourself from all anxities,and escape plan from everyday task ,youve face in your works job.actually i do not threats  a gambling a disease or cancer that incurable,because im also in my self,a gambler that accomodate all things in a right path by dividing all my time in family,jobs,and gambling cock fighting and all of this i can handle it wisely without a big issue to my personal life.

Many will define it as a disease or a brain disorder , others will call it a sin , and the majority will claim that it's a fun activity that helps them kill time or forget about the stress that they endure during their long days of work , some will call it an invention of pure evil and others will remember how much did they suffer from the consequences of their heavy gambling and how it did tear their lives apart ..
But i'd like to define gambling as something that represents a test to the human being , that pushes the limits to see whether that person has enough self control to fight greed or not ? ..
Even tho i don't consider it as a sin since you aren't hurting anyone else in the process , yet you could hurt yourself and that is something everybody shall avoid , especially if you are gambling with money you can't loose ..
Gambling has already messed up many lives , widowed a lot of wives and orphaned a lot of kids .. or in some cases made them homeless and potential futur criminals , and all of that was for the sake of throwing the dice one more time ..
The precise definition for gambling is certainly to take risky actions in hope of the desired result , but is it worth the risks ? ..

This is interesting what you have pointed which leads to need of further elaboration.
All that you have explained is kinda irrelevant because there is no connection of risking to lose money or anything else valuable.
1 Gambling According to my understanding "personal participation in an act and risking money/valuables on it (while there is no need to take risk) is gambling.
2 Betting Being a third party when you risk your money on the result obtained from the other parties.
I hope it will help the fellows to understand them both.

The best and most precise definition of gambling is trying to predict something, so you can make some profit of that prediction, at the end i think in gambling you can win only if its your lucky day, everything where there is a risk for winning or losing is called gambling.

First you say "wagering your money or something of value on an event", that is betting on sport. Nevertheless I wish to point out some your words, especially part " wagering your money or something of value", isn't that something that we deal every day in our life's with almost everything that surrounds us? Part " with an uncertain outcome" is completing the thought! We don't know what will happen in our relationships, jobs, with our countries, people around, we can't predict the future but we invest ourselves, our bodies, souls and minds into many things with hope in good outcome, but lives teach us that many many things doesn't have good outcome, investments crash in pieces in seconds, without expectation and any announcements, will we be alive tomorrow? Who can guarantee that?
There is no definition of gambling, there are just numbers, chances and odds that can be applied on everything! Will something happen or not? Will you be alive tomorrow, will you find a girl or job, what will happen with anything.. Chances are different, that makes odds lower or higher depends on situation, you decide on what to bet, in what to invest yourself, again you hope for the best results, profit depends from how much you wish to give and odds, everything can be calculated. Don't trick your self with history and statistics, it can help but every new day, every new game, deal, spin or throw is for itself, as long as we live we make bets.

For whales gambling is completely thriller investment to take the returns. Even if they loose the money means also they will not feel about it. For middle class people gambling is like a burialground. If they get the hit finally he or she need to start from beginning to earn the money.

If you are most luckiest person you may able to make the jackpot on any gambling site. If you have shit in your fate on that day you are just washedout.

Gambling is wagering your money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods. Gambling thus requires three elements be present: consideration, chance and prize. I'd say betting is only common in sports, so that makes gambling and betting different, they are definitely not the same thing.

That's sort of a blunt way of putting it however there's some truth into it. Most people just waste most of their money in gambling at the cost of entertainment. Casinos and gambling games is already a business industry which has made many people rich, however has made many poor as well. Also, there is a dark side to this business as it is rumored to be a way for drug lords to launder their money. Some casinos were actually caught and has been closed down because of their involvement with drug lords or other illegal activities.

Not really, because if risking your currency for a chance to get more was the definition of gambling then investing, trading and even starting a business will be considered a form of gambling, gambling is in fact risking your currency to try to get more but you do not have a way to influence the outcome the same way that you can do with investing, trading and by starting your business, in most gambling games it doesn't matter how much you study or your experience but almost in every other form of investing those two factors are crucial.

In my opinion, betting is a form or gambling. And gambling for me is any dice or card game, illegal or legal that basically involves money. It is addictive once you like how the game goes and sometimes if it makes you win at first and you want more gains and profits from that game, that’s why most greedy people comes from gambling.

it may be very difficult to determine the definition of gambling, as you are talking about but I have some views about gambling. maybe for me, gambling is a luck. maybe betting is a lucky thing you have if you win, and maybe gambling is a skill/strategy you have to gain victory.

gamble, fate, fortune, fortunate who will benefit and the unlucky will get the loss, luck can be brought with our skills and knowledge in play, without it all the victory will not come

For me they are the same. Every game that involves money and placing your money with a hope your are going to multiply it is gampling. Or gambling may just be taking a risk and being ready to accept whatever would be the outcome.

When you gamble, you place your bet for a hope your bet is going to win and your money will multiply. It is not a complicated definition. Betting is gambling. Anything that involves money in a game is gambling.

Playing gambling games   doesnt  only  be considered  on  the   definition gambling itself  and you do have a  point   there are some  games do  require purely on  luck and  some  do  depend  mostly  on skills and experience.  Actually   all  investments  do have  risk or  like gambling  because  you do put  your  money   on a thing to earn profits  but   the risk  is always there  thats why its been considered  as gambling too  same as you mentioned  but the advatange of some investments is that we could able to lessen the  risk.

The tricky thing about defining gambling is that there truly is a lot of gray area here because there is a wide range in terms of skill verses chance depending on the game. For example, dice games are all chance so if you gamble you are taking a high risk with no skill involved.  However, some gambling involves skill such as a game like 21 where there is some strategy so a little less risk. Both would probably be called gambling.  But also consider that investing in the stock market is not that different than some games of chance so that could also be considered gambling.

Well that should how we treat it in the proper way in order for us to enjoy gambling as i personally been involved and get negative results because greediness enter to my mind and that is the lesson their gambling should stay as a source of enjoyment.

The gambling means your free time with money. Play number of games and if possible make some profit. But the actual definition is gambling means put your money in risk and get fun. The gambling is just a game, not a money making the machine. This is my opinion about Gambling. But we will get different types of several answers for this question.

Gambling is a game where players bet to select one option among several options where only one option is right and be a winner .. The person who loses the bet will give the pot to the winner. Regulation and amount bets is determined before the game starts. Gambling is usually in the form of games such as the casino and in the form of competition can sports betting.

Yes I agree, In gambling we just waste our money and waste our time. So useless and yeah we just help the Casino's Owner to become rich and make us poor. We can't take any good point from gambling.

yep it's a common definition but gambling we all know that if you heard gambling the first thing comes in our mind is betting money. but for me gambling definition is the place where you gonna waste all your money and don't make income from it. it is based also in my experience. the only getting rich in gambling is the owner of the casino or what ever betting games you're playing.

everything has been described previously and common definition gambling is same for each people and betting = gambling it all same because money and luck had very important role at there even for hundreds reply on this thread the answers will same however what actually suppose OP has been make this thread

Gambling is a game in which, as soon as you enter the casino or the website, you should already know you're going to risk your wealth. Well-thought as a business, it empties most of the times the players' wallets. Do not expect wins and play ONLY for fun if you want your money to be safe. Control yourself.

everyone must have a definition versions of their own, and it will be very varied.
So you just need to choose the definition you think is correct, because there will be very different versions

For me the best definition that I can give to gambling is you are playing and risking your money and hoping something in return if you win but opposite thing if you lose.
So mostly, that is just my simple and brief definition of gambling.

gambling is an activity that uses the money, you're risking your money and hope it becomes a lot more money. By winning the game, you will get more money, and if you lose you will lose money bet.
and betting is an activity you risked your money in gambling.

Actually betting and  gambling are  all  the same  and theres  no difference  at all. Betting is  not  a  business. lol.  Let me ask  you, what  do you need to do  to  play gambling? By betting right? So  it  means   its part of gambling.  The definition of  gambling  is  where you  risk  something to earn something. Just  like risking  money to earn  money. Period.

According to me Gambling Is Just a shit Game Based on Pure Luck and No Experience Needed in this to Make Money and You are Risking Your Money in Just a Stupid Activity.......
Betting is Also a Type Of Gambling and Also I Don't Prefer Betting to Anyone Because Both Gambling and Betting is a Shit Business So I Suggest to All that Do Some Other Business......

No need have so much confusion in understanding the differences. In both, you need to spend money to enjoy different types of entertainment and in both, if your lucky can make some decent profit on your money otherwise you will get just fun. If you are gambling to make an only profit then high chances of losing your money in gambling.

Gambling is the wagering of money or something of value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize. The outcome of the wager is often immediate, such as a single roll of dice or a spin of a roulette wheel, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season.

Source: Wikipedia

And In my opinion Betting is also a sort of gambling but has a few differences i guess . I think it refers to as you are Usually watching a game and waiting for a result .

Your opinion about betting and gambling is same is right, gambling is something which can multiply our money by taking risk so there is high risk involve in it than if our prediction went wrong than we could lost our amount there, so where risk factor exist and we have no safe way to make money without hard work that is gambling.

Betting is risking your money on the outcome of a specific match or event which is gambling. If we define gambling we could say it's betting or taking risks from our action expecting to get good results whether it be involved with money or not.

you really don't need to define gambling or betting or any of other terms you may come up with in order to use them. do whatever you want and define them however you feel like. it doesn't change anything.

but generally i define gambling like this: anything that involves money and there is a risk of losing alongside a chance of winning with the condition that the chances are not predictable can be considered gambling.

Gambling's meaning for taking risk voluntarily knowing that you can loose your already owned thing. You are well informed that this result can be in favor of either side against who your are competing. Gambling means putting at stake to check your prediction or guess to make or loose something.

I don't know what is precise meaning and i don't search it on google .I will answer it with my own understanding.

Gambling is a high risk investment which needs you to invest and play with your money without knowing if you can make it grow or lose  .Gambling for me is not just a profit it is made for the people who want fun and to unwind with thierselves or with friends too.

As i search on  google. This is  the definition  i see.

gerund or present participle: gambling
1.
play games of chance for money; bet.
"she was fond of gambling on cards and horses"
synonyms:   bet, place/lay a bet on something, stake money on something, back the horses, game; informalplay the ponies
"he started to gamble more often"
2.
take risky action in the hope of a desired result.
"the British could only gamble that something would turn up"
synonyms:   take a chance, take a risk; informalstick one's neck out, go out on a limb
"investors are gambling that the British pound will fall"


Betting  is  part of gambling   because  you would   definitely bet  in able to gamble.

I also agree that betting is a form of gambling. For me gambling is to take some risks in order to win something back. It's pretty much like an investment. The problem is, that on most of the gambling options, there is no reward for doing it on the long run, since the house had the edge. So you are actually gambling based on pure luck. And this is probably where a lot of discussion starts, when you try to consider if poker, or trading, or sports betting, are forms of gambling. In my opinion, they all are, since you are risking in order to get a return. But on these last ones, you actually have a chance to get some profit back not just by luck, but by good analysis and strategy.

Hmm. I just categorize it as "Anything involving money in a game is gambling".
Doesn't really matter what the games are or the luck vs skill ratio. As long as it involves the risk of losing money, or the gain of winning some money, then it's gambling.

I also just classify betting as a form of gambling. Like a term usually used when betting on sports, races,politics,etc.

Gambling comes apparently from Old English gamenian "to play, joke, pun" which is related to our word 'game'. So, we can say that gambling is an act of playing some game involving money. Betting is considered by many to be more reasonable than gambling. For example, when you do sport betting you can (theoretically) analyze the teams, its strategies and chances.

To me gambling is simply an activity aiming at getting back a particular amount of return which is a multiplication of what is being put in with an acceptable amount of risk that the individual is willing to take in other to generate such return. However, as profitable this could be an individual could also lose some or all his income in this venture and not achieve the objective set at the beginning of such exercise...

I think there is confusion about gambling. Where we can lose our money that is related with gambling in any form or method. Some people call it betting and some think betting is only words for sports betting. But I don't think betting or gambling different all type of gambling is risky.

It is not confusion at all when it will be to define gambling in simple but most effective way. I will define gambling as anything which is game or guessing or to predict but there is some risk involved in this as of loosing or winning is called gambling. Anything which can bring you profit or loss in the end in gambling near me.

If it depends on luck only, it is gambling.

The more skills are involved, the less gambling it is.

Every financal move has a bit of gambling inside. The more ridiculous they are, the more gambling there is. I hope this helps.

Throwing a dice to make money>>Gambling

Buying Tesla stocks>> May be gambling or not, depends on your knowledge.

Buying gold>> According to the history, it is an investment.

According to oxforddictionaries:

https://en.oxforddictionaries.com/definition/gamble

Gambling = playing a game to chance/earn money(risk to lose), bet = money used for gamble.

This is makes confused indeed, since people used "gambling" or "betting" at the same sentence.
From what i see "gamble/ing" is a subject, and "bet/ing" is an object which its relate to each another.

From MacMillan Dictionary:

gambling:

1. an activity in which you risk money in the hope of winning more money if you are lucky or if you guess something correctly
2. a situation in which you take a risk on something that can give you important benefits

betting:

the activity of trying to win money by placing a bet (=guessing the result of a race, game etc)


I think gambling is the broader term and betting is included in the umbrella definition - gambling.

I think poker is a game that uses skill, because it is very clear in poker we really think to win.
While Dice is a game that really uses luck. Because there is nothing great, all the same.

It is not clear because like i aid before, some people think there is skill in gambling, some other people think there is no skill in gambling and it's raw luck.

Poker = gambling or a game of skill?
Dice = gambling or a game of skill?

etc

It's very hard because some people consider gambling to be true for certain games and others don't.

I see here is just the same answer, The answer that say that gambling and betting is the same things, but in a different word.
So we all can say Gambling and betting is the same things. Maybe there is a little difference between them,
but a whole definition is a same definition,

Gambling is the act of playing for stakes in the hope of winning in which the user includes the payment of a price for a chance to win a prize. It also means more the amount placed by the user more will be the prize to be won or lost.

Gamble when you playing or involving money in your game placing bet's or betting in games and chance of winning money it is already a gambling. Betting = Gambling taking risky action in the hope of a desired result That's the real definition for gambling to me and i don't know to others if we have the same thoughts.

Gambling is a game where players bet to select one option among several options where only one option is right and be a winner .. The person who loses the bet will give the pot to the winner. Regulation and the number of bets is determined before the game starts. So if we talk where betting position, which is in gambling. Because each of us like to gamble would have bet before.

Betting is a part of gambling because gambling term is used for all kinds of games played using money and you got a chance of winning and losing money. But betting term is mostly used for specifically with some odds like in sports betting.

Gambling is form of entertainment where it is associated with some tricks and have a chance of winning by simply 'betting' into a particular game.

And betting is an act of gambling so don't get yourself very confuse from defining gambling and betting as the same activity.

Almost all of the definition here given by our mates are certainly correct.

Gambling--- That illusion that tells you by betting some money on a specific game or event will make you a lot of money without having to work hard for that.

Well...... unfortunately as said in the sentence above it's just an illusion. Gambling is an illusion we all have some time.

gambling - [gam-bling]

noun

1. the activity or practice of playing at a game of chance for money or other stakes.
2. the act or practice of risking the loss of something important by taking a chance or acting recklessly:

Gambling means when you play a bet in which you are expecting a result for which you have something (I mean money) on stake and you are basically getting some odds (chances) of winning for the same, each having different odds.

That is the point, when we are not having the right answer for why we are having gambling, then I too believe it is not possible to define gambling more precisely.

There will not be anything like that, because every people will be having different opinion on gambling.
If I say something about the entertainments what we may get from gambling that will not be appropriate to another gambler who is gambling for making fortunes. So, there will not be any possibility for finding a most correct definition for gambling.

definition?

that's a perfect definition in my opinion.

about the difference in gambling and betting, well, to me it's the same...
there's no difference if you have a strategy or something like, still the same. if you are professional at some sport, still the same sport, right? the difference is you.

Don't be confuse about it, betting is simply gambling. And this answer was right:

Betting is a form of gambling and you should not be confuse with it as this goin' to be the nature of gambling. Betting on a certain game and risking your money for some matches then you are gambling your money. And for my definition with gambling, it is something you are risking your money with unknown results.

Gambling = wining depends upon your pure luck
Betting = wining depends on luck and skill of others (like players of sports, if you are betting on sport matches).

The definition is very confusing sometimes since some people consider poker a form of gambling. Poker has a great deal of skill in order to win but there's also a lot of luck involved. So the quesiton here would be: where do we draw the line between gambling and skill? how much % of the activity is gambling and for much is skill? is there any skill to be found in dice and slot machines? i dont think so.

Gambling is something you risk for a desired results(maybe money or something valuable). While betting is an act of gambling which is usually use for any games like race, sports or any unpredictable events. Betting is just the act of gambling. So betting is under gambling. But these both are the same.

If you ask me betting is a form of gambling. Gambling imo is simply risking currency for the chance to get more. Betting would then fall under that definition.

there is still much confusion about the definition of gambling, including me. Especially about the difference between Betting and Gambling, despite the fact that I think Betting and Gambling it is the same thing. So here I want to know "What is the most correct definition for gambling?"