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Topic: what is definition gambling in your mind? - page 16. (Read 20282 times)

legendary
Activity: 1176
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What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.
Whatever you do, in some point in time in the future, the casino will still come out on top, that's why they are still in business and gambling is a very profitable business and for players, the edge is what they are up against.
Perhaps most of us agree if definition of gambling is for fun and we never win against them because hard for us destroy their system, we always think new strategy and that's make us fall a sleep into they trap.
sr. member
Activity: 1666
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What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.
Whatever you do, in some point in time in the future, the casino will still come out on top, that's why they are still in business and gambling is a very profitable business and for players, the edge is what they are up against.
No one denies it. Gamblingis an very good business to profit. If you consider bitcoin too, a major circulation happens because of gambling sites. It is good for investors and for  lucky ones. It is not termed as bad because now everything has got risk. Here we sometimes risk our living needs hoping for a better life.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.

It depends on the game that is being bet on. Sports Betting for example is usually a 50% chance.
I don't see it that way, in sports betting you will only end up with odds 1.90 or less if you take a game with equal odds, just to make an example on my understanding, if Team A is the favorites and the line is -7.5 the odds is usually 1.90 or 1.85 in some sportsbook while the opposing team gets +7.5 with the same odds.

Nope, Actually he has a point there. Some sports betting site offers a 50/50% on bet, AFAIK, Cloudbet offer this kind of odds selection especially on basketball, It is on the bet type of odd/even on the total score of the game. This was a long time ago because i already stop using cloudbet since they are not already have a instant withdrawal feature.
On bitsler, They offer 0% house edge sometimes then it may be applicable.

It all depends on the site that offers the bet, probably. Knowing that some sites have different rates, they have different calculations also. It may end up the way you wanted or not, it's just the fact that you are going to bet or not. Just take the risk and hope for the best. Be careful of rigged games, you may never know what can happen.
legendary
Activity: 1148
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What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.

It depends on the game that is being bet on. Sports Betting for example is usually a 50% chance.
I don't see it that way, in sports betting you will only end up with odds 1.90 or less if you take a game with equal odds, just to make an example on my understanding, if Team A is the favorites and the line is -7.5 the odds is usually 1.90 or 1.85 in some sportsbook while the opposing team gets +7.5 with the same odds.

Nope, Actually he has a point there. Some sports betting site offers a 50/50% on bet, AFAIK, Cloudbet offer this kind of odds selection especially on basketball, It is on the bet type of odd/even on the total score of the game. This was a long time ago because i already stop using cloudbet since they are not already have a instant withdrawal feature.
On bitsler, They offer 0% house edge sometimes then it may be applicable.
hero member
Activity: 3094
Merit: 606
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What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.

It depends on the game that is being bet on. Sports Betting for example is usually a 50% chance.
I don't see it that way, in sports betting you will only end up with odds 1.90 or less if you take a game with equal odds, just to make an example on my understanding, if Team A is the favorites and the line is -7.5 the odds is usually 1.90 or 1.85 in some sportsbook while the opposing team gets +7.5 with the same odds.

I've seen that is normal in sports betting as the 10% juice is normally considered to make a gambling site profitable, but that was huge actually if you think about it carefully, it's 10% every bet and if you are break even results in 10 games using the same amount bet, you will still end up losing because of that 10% juice.
sr. member
Activity: 350
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What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.

It depends on the game that is being bet on. Sports Betting for example is usually a 50% chance.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.
Whatever you do, in some point in time in the future, the casino will still come out on top, that's why they are still in business and gambling is a very profitable business and for players, the edge is what they are up against.
hero member
Activity: 3010
Merit: 666
What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
You can never get that equal chance because casinos always have the edge, they are operating for the main purpose of profit hence they will do everything in order to win. Gambling is fun so the real definition is entertainment and since operators aim for money and they prove they can get it so it's a different definition for them, and that is business for them.
sr. member
Activity: 350
Merit: 250
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What I think that Gambling means is that the results for winning and losing is 50% or really close to it so that also means there isn't a straight answer to the winning result.
hero member
Activity: 1722
Merit: 528
To play gambling is to risk money and believing in the chance that you will get more money than you initially risked. For this you play against a casino house , against a friend, or against other people like in fairlay. A game of chance in general, sometimes some games like poker also involves skill but still remain game of chance.

How about the people who take gambling as an entertainment, a way to indulge and enjoy themselves.  There are gamblers that dont prefer to win, but are preferred to be enjoying the game and having fun,some of them still hopes to win, but mostly they do not care to lose because what they are after is the feeling of enjoyment and hapiness, in which gambling is kne way they can attain that feeling. It is a game of chance and these game of chance is a fun and enjoying activity for some. Gambling is risking something for getting more than you risk or you had, in other words, gambling is the game of the greedy.
legendary
Activity: 1442
Merit: 1008
To play gambling is to risk money and believing in the chance that you will get more money than you initially risked. For this you play against a casino house , against a friend, or against other people like in fairlay. A game of chance in general, sometimes some games like poker also involves skill but still remain game of chance.
in other words play a game for money right? and things make the game so excited everytime no matter you are a loser or a winner it's rush your adrenaline , it was the next level of entertainment. but because we have got used to it sometimes it's leading into addiction which really a tough disease.
sr. member
Activity: 784
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Many people said the gambling is just a game and another people said it is Investment. How do you think?  Roll Eyes
That's true gambling its just a game, even others said its an investment but majority of them believed that gambling was a game of fun, entertainment, and a game of relaxation.
legendary
Activity: 3318
Merit: 1247
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To play gambling is to risk money and believing in the chance that you will get more money than you initially risked. For this you play against a casino house , against a friend, or against other people like in fairlay. A game of chance in general, sometimes some games like poker also involves skill but still remain game of chance.
newbie
Activity: 56
Merit: 0
to play at any game of chance for money or other stakes. to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice. verb (used with object), gambled, gambling. Betting; wagering. Results in either a gain or total loss of wager, the money or asset put up. Neither risk-taking nor investing, nor like insurance. Risk taking or speculation takes on substantial short-term risk to potentially get high gain. Investing uses property or assets to potentially increase in worth, securing long-term capital gains. Insurance can prevent financial loss but has no way to gain.
hero member
Activity: 1820
Merit: 537
Gambling is a game that should be treated as any other type of games. It just for entertainment only. But, over time, people started to abuse this game as a way to earn a better livelihood. They wish to earn money in an easy way without having to sweat.
no i do not think that we can treat bitcoin just like other types of gambling. i think there a lot of difference between the two. game are for free and there is not money involve whereas in sports betting we use our money to make more and more money from gambling oee education

I believe every game involves money, gambling game or not. Who creates games create it to have fun, but to have profit also. The developers sell the game to other and make money. And these days, there are many MMORPG which you can play paying to have advantages in game and later maybe you as a game user can have profit by selling your account or items in game for real cash.
You are right , but i guess not all games are gambling even it is for gambling gane or not and i don't think that every game involves money .Not all games starts with money or created by money and its not gambling at all as you don't put a bet in.
Creating an account games and selling it is not gambling at all it is on business or trading covered.
hero member
Activity: 1190
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Gambling is a game that should be treated as any other type of games. It just for entertainment only. But, over time, people started to abuse this game as a way to earn a better livelihood. They wish to earn money in an easy way without having to sweat.
no i do not think that we can treat bitcoin just like other types of gambling. i think there a lot of difference between the two. game are for free and there is not money involve whereas in sports betting we use our money to make more and more money from gambling oee education

I believe every game involves money, gambling game or not. Who creates games create it to have fun, but to have profit also. The developers sell the game to other and make money. And these days, there are many MMORPG which you can play paying to have advantages in game and later maybe you as a game user can have profit by selling your account or items in game for real cash.
hero member
Activity: 630
Merit: 500
Gambling is a game that should be treated as any other type of games. It just for entertainment only. But, over time, people started to abuse this game as a way to earn a better livelihood. They wish to earn money in an easy way without having to sweat.
no i do not think that we can treat bitcoin just like other types of gambling. i think there a lot of difference between the two. game are for free and there is not money involve whereas in sports betting we use our money to make more and more money from gambling oee education
sr. member
Activity: 434
Merit: 250
Well for me gambling is a game for money,
For me it is for fun and entertainment yet others see's it as an investment so I think everyone has a different opinion about it.
I am like you man. It's the same thinking. The main definition of gambling is definitely a game for money. Always, For me i don't consider gambling like a source of getting money (I mean for profit). because it's too risky and i don't have a lot of luck to always win. So I only do that for fun. Even if i lose or i win, I don't will be angry or being sad.
hero member
Activity: 672
Merit: 500
Well for me gambling is a game for money,
For me it is for fun and entertainment yet others see's it as an investment so I think everyone has a different opinion about it.

the essence of gambling is a game that can bring in money. play, win, get the money. But with the variety of the human mind and different from each other. Gambling was somewhat different definition of each person. Some think gambling is just for entertainment, there are also those who simply play it as a business, as a job. But the core of gambling is playing a game to get the money.
hero member
Activity: 1218
Merit: 513
My definition is: Every risk of anything in a game of chance. Poker, dice games, sport betting, lottery, bingo, etc. You could gamble money, services, even your life (in Russian Roulette). It's not necessary the reward to be equal to the risk. Sometimes the reward is adrenaline.
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