what is definition gambling in your mind? - page 12.

CraigWrightBTC

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Quote from: Jalum on April 13, 2017, 01:34:53 PM

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

Yes I agree with, gambling is game and not investments except we have website of gambling,
unfortunately many people considere gambling is investments.
So they blame the website of gambling because of losing money in gambling but they are wrong purpose.

MMA

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Quote from: Cazkys on April 14, 2017, 02:21:06 PM

Quote from: cardoyasilad on April 14, 2017, 12:44:00 PM

Quote from: Jalum on April 13, 2017, 01:34:53 PM

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

You should take the risk, for me gambling is a fastest way to earn bitcoin with high risk but in sports betting you can avoid some risk using your analysation

Yea you're right gambling one of the fastest way to earn Bitcoin, for example play at a dice site deposit and bet 0.1BTC @ >98. Do you think you will win because of the high percentage of winning rate, nope, gambling is about luck not chance , probability or possibility. If you're into a certain sport probably with analysis and back information on their last game perhaps you will reduce the risk but not always.

but it is also one of the most risky way of making money, as in gambling we are mostly depend on our luck therefore no one can be lucky for every time and therefore there are more chances to lose your money in no time. to me i think there are some format of gambling where you can use your previous experience and skill but over all gambling is a risky way of making money.

boris singer

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Quote from: grandy on April 14, 2017, 05:50:27 PM

Quote from: Jalum on April 13, 2017, 01:34:53 PM

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

to me gambling is a game of making money mostly using our luck. but still there are some formats of gambling games where we can use our skill and previous experience.

Gambling is a business that plays an adrenalin us because there are only two choices offered are won and lost. Actually, gambling is no different from other businesses such as trading, only the level of addiction and the use of more advanced short time, so it is natural if they are sometimes very tempting promotions inline with risk.

grandy

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Quote from: Jalum on April 13, 2017, 01:34:53 PM

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

to me gambling is a game of making money mostly using our luck. but still there are some formats of gambling games where we can use our skill and previous experience.

michaelch

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Gambling is a game of chance where skill has limited influence on the results. Basically, it is not easy to win more than the probability at which the game allows.

Cazkys

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Quote from: cardoyasilad on April 14, 2017, 12:44:00 PM

Quote from: Jalum on April 13, 2017, 01:34:53 PM

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

You should take the risk, for me gambling is a fastest way to earn bitcoin with high risk but in sports betting you can avoid some risk using your analysation

Yea you're right gambling one of the fastest way to earn Bitcoin, for example play at a dice site deposit and bet 0.1BTC @ >98. Do you think you will win because of the high percentage of winning rate, nope, gambling is about luck not chance , probability or possibility. If you're into a certain sport probably with analysis and back information on their last game perhaps you will reduce the risk but not always.

cardoyasilad

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Quote from: Jalum on April 13, 2017, 01:34:53 PM

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

You should take the risk, for me gambling is a fastest way to earn bitcoin with high risk but in sports betting you can avoid some risk using your analysation

raven7886

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Isn’t the definition of gambling same on everyone's mind? I mean gambling is risking money (unless you are gambling with game currency or something) for a chance of winning a higher amount of money in a game of chance related results.

Unless the “chance “ factor is there it is not gambling, there must be a “chance” or “luck” whatever you call it involved.

michkima

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Quote from: crwth on April 14, 2017, 01:55:29 AM

Quote from: hatshepsut93 on April 14, 2017, 01:45:47 AM

In order to call something gambling, 2 requirements must be met:

1. Putting money at stake on order to make more money

2. Having negative expected value

Many people like to say that trading is just gambling, or buying Bitcoin is a gambling, but if it's impossible to prove that expected value is negative, then you can't call it gambling. This is the main difference between gambling and investing/trading. Gambling is also usually instant, but not necessarily.

Well, the positive thing is to look always at the bright side, never on the downside. Everything has risks always, and that's what can challenge us the most. The difference is that money is at stake. Some people want to gamble to earn profits, and that's what everyone wants.

In life we do indeed have plenty of gambles, we even gamble everyday without knowing it. Think about it, we try to live our lives in hopes we can have a better one, that's a gamble right there. Haven't you guys thought of, what if my life doesn't get better? What are the odds of it getting better?

crwth

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Quote from: hatshepsut93 on April 14, 2017, 01:45:47 AM

In order to call something gambling, 2 requirements must be met:

1. Putting money at stake on order to make more money

2. Having negative expected value

Many people like to say that trading is just gambling, or buying Bitcoin is a gambling, but if it's impossible to prove that expected value is negative, then you can't call it gambling. This is the main difference between gambling and investing/trading. Gambling is also usually instant, but not necessarily.

Well, the positive thing is to look always at the bright side, never on the downside. Everything has risks always, and that's what can challenge us the most. The difference is that money is at stake. Some people want to gamble to earn profits, and that's what everyone wants.

hatshepsut93

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In order to call something gambling, 2 requirements must be met:

1. Putting money at stake on order to make more money

2. Having negative expected value

Many people like to say that trading is just gambling, or buying Bitcoin is a gambling, but if it's impossible to prove that expected value is negative, then you can't call it gambling. This is the main difference between gambling and investing/trading. Gambling is also usually instant, but not necessarily.

bhadz

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Quote from: gabmen on April 13, 2017, 06:00:25 AM

Quote from: bhadz on April 13, 2017, 05:30:39 AM

Quote from: Oralmat on April 13, 2017, 05:26:57 AM

Quote from: Biggapp on April 12, 2017, 04:09:16 AM

Quote from: traderethereum on August 24, 2016, 12:35:18 AM

Many people said the gambling is just a game and another people said it is Investment. How do you think? Roll Eyes

i think it depend on people because some people play gambling for fun only like other video games etc,and some people play it for investment but i think we should play it only for entertainment just like other games because in gambling there is a lot of risks to money, sometime people lose everything and sometime they win.

I could guess, everyone know that gambling is a way to give us entertainment. But instead of it, most of the people play gambling, for making money, and they think it is a source of gain money in a short cut. So in this way, you are right, everyone have their own thinking about gambling.

Those people that thinks about gambling as an entertainment are the ones hiding their main goal why they are gambling. I know there are some that have that reason why they gamble. But the definition of gambling that comes to the mind of majority is all about, money, greediness, profit and everything that is about finances.

Well you know what, incorporate gambling with your finances and its like putting a noose over your neck. I don't think all gamblers feelnthe same about what you said. There still are thoae who consider gambling as just a fun way to pass time with a chance of easy money. No pressure about earning. They win if they win, they lose without having any regrets because they know gambling is about playing with your chances without any guarantee of winning

Those gamblers that are just gambling for fun are very few, they are might be rich already and just looking for something to spend their wealth. But for others that upon hearing the word gambling, most of us are thinking the same thing as I said. Here in my community, when someone said gambling, many are thinking about it.

el kaka22

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Quote from: btcdiggingmaster on April 13, 2017, 07:39:52 AM

Is depends on people mind because everyone has his own thoughts about gambling, some people will treat gambling as fun.
Some people will treat it as serious money making, but many people don't know they look for higher margins of income with low investments.
At the same time, they need think that there is huge risk involved in it.

Actually gambling is just like investment but here you have faster results and the edge plays against you.
When you do currency trading on a platform like Instaforex they also charge you fees but very tiny, gambling is just like that but with a higher fees you can say.

In core though gambling is just a fun activity but honestly man when money is involved the fun becomes too tiny and the addiction grows. Play with play money and you would never get addicted, since its the money that addicts us.

Jalum

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Look ARROUND!

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.

yellow1

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Gambling is a kind of investment and you will invest a money and spend money and many risky thing and time. It is something for fun, they don't fear if they lose their money. Many people gamble they want their money back with double and to win big.

White Christmas

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In my personal point of view my own definition of gambling is "rolling, or to roll something" why is that ? Because once you listen to the word gamble or gambling it's kinda like your trying to roll something which now in a presence of a real gambling you will notice that the word to roll the money means take a chance to make it bigger.

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Quote from: dunfida on April 13, 2017, 08:01:44 AM

Quote from: btcdiggingmaster on April 13, 2017, 07:39:52 AM

Is depends on people mind because everyone has his own thoughts about gambling, some people will treat gambling as fun.
Some people will treat it as serious money making, but many people don't know they look for higher margins of income with low investments.
At the same time, they need think that there is huge risk involved in it.

You are definitely right on what you have said people do really have different minds which means they do really differ on their views or definition on what is gambling and for me its a simple description which is "anything thats involves money" is definitely a gambling not only on games but also on real life situations on which we would really need to gamble to earn something that we want.

That's a completely inaccurate description

That means buying a loaf of bread is gambling Cheesy

Anything that involves placing money on an outcome that can produce earnings to you could be a definition of gambling
But this way trading etc. would be gambling too Shocked

I'm not really sure then Cheesy

Well, wiki says

Quote

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 money or material goods.

So, that settles it Tongue

dunfida

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Quote from: btcdiggingmaster on April 13, 2017, 07:39:52 AM

Is depends on people mind because everyone has his own thoughts about gambling, some people will treat gambling as fun.
Some people will treat it as serious money making, but many people don't know they look for higher margins of income with low investments.
At the same time, they need think that there is huge risk involved in it.

You are definitely right on what you have said people do really have different minds which means they do really differ on their views or definition on what is gambling and for me its a simple description which is "anything thats involves money" is definitely a gambling not only on games but also on real life situations on which we would really need to gamble to earn something that we want.

btcdiggingmaster

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Transact Safer / Chase Better

Is depends on people mind because everyone has his own thoughts about gambling, some people will treat gambling as fun.
Some people will treat it as serious money making, but many people don't know they look for higher margins of income with low investments.
At the same time, they need think that there is huge risk involved in it.

LastKiss

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Quote from: roomfirst on April 13, 2017, 06:15:15 AM

Quote from: bhadz on April 13, 2017, 05:30:39 AM

Quote from: Oralmat on April 13, 2017, 05:26:57 AM

Quote from: Biggapp on April 12, 2017, 04:09:16 AM

Quote from: traderethereum on August 24, 2016, 12:35:18 AM

~snip~

I could guess, everyone know that gambling is a way to give us entertainment. But instead of it, most of the people play gambling, for making money, and they think it is a source of gain money in a short cut. So in this way, you are right, everyone have their own thinking about gambling.

Those people that thinks about gambling as an entertainment are the ones hiding their main goal why they are gambling. I know there are some that have that reason why they gamble. But the definition of gambling that comes to the mind of majority is all about, money, greediness, profit and everything that is about finances.

Only rich people say gambling is for entertainment because they don't care about their money, they only care about the feeling of making a bet/entertainment.. For me, gambling is a game that needs fortune and a game that can make you rich easily and poor easily. Once you get into gambling, it will hard to escape.

actually some people didn't care about their money coz they're only used small amount on gambling, let's say there's a person who gambled 5BTC++ and won 1BTC after that, then he loss 50% of his money on gambling site i doubt if he didn't care to his money, he will regret that he did gambled most likely. that's gambling, A game that brings you many regret but you doesn't care and felt it like nothing happen afterwards playing again.

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