what is definition gambling in your mind? - page 7.

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Quote from: MMysterious on May 17, 2017, 12:41:15 PM

My definition of gambling is pure entertainment and luck. But for me it is also a dead investment, because most gamblers (in general) I'm sure had more losses than profited when gambling.

I feel like that as well because there is no knowing whether or not the result will be a good one or not. What I like about Gambling online with Bitcoins is that there is just that possibility of making a bunch of money just by pressing a few objects on the computer screen.
If I wanted to make more Bitcoin’s with Gambling then I would research a bunch first then I would consider Gambling pretty much the same as Investing.

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Quote from: yellow1 on May 17, 2017, 07:59:51 AM

Gambling is a involve risking like money or valuable objects in order to win. And some others say it is an investment and easy to earn. Gambling is more risky of time and money. Or else it is a fast time and make fun when they stress and problem so they went to gamble. Gambling is to bet money or things and you can risk that you can chance to win.

Those people that are saying that it is an investment they are trying to treat it that way because they only understand when you are starting to deposit any amount on a website or a company that's already investment. And they are wrong about it because they are playing for their money and the company or gambling site doesn't have liability with their loss.

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Quote from: MMysterious on May 17, 2017, 12:41:15 PM

My definition of gambling is pure entertainment and luck. But for me it is also a dead investment, because most gamblers (in general) I'm sure had more losses than profited when gambling.

There will be no surprise of calling gambling as "dead investment" because gambling is never intended for investment purposes. If you are having this kind of mindset in your beginning days itself, you may gain possible solutions to escape from gambling dangers. People who are not realizing this fact, might get struck with gambling as they are treating gambling as their investment opportunities.

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My definition of gambling is pure entertainment and luck. But for me it is also a dead investment, because most gamblers (in general) I'm sure had more losses than profited when gambling.

yellow1

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Gambling is a involve risking like money or valuable objects in order to win. And some others say it is an investment and easy to earn. Gambling is more risky of time and money. Or else it is a fast time and make fun when they stress and problem so they went to gamble. Gambling is to bet money or things and you can risk that you can chance to win.

J Gambler

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Quote from: sotoshihero on May 16, 2017, 08:50:38 PM

Gambling for me is spending money for entertainment purposes but usually with negative connotation, its bad. It is something like a game of chance,without certainty to win, just only a pure luck.

Why you need to spend money for entertainment when you can get that without spending money... There are gambling sites that open and friendly users where you can talk strategies and get some good ideas then play. game is always by chance and by luck when you are unpatient people then you know you place is.

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Quote from: sotoshihero on May 16, 2017, 08:50:38 PM

Gambling for me is spending money for entertainment purposes but usually with negative connotation, its bad. It is something like a game of chance,without certainty to win, just only a pure luck.

yes you are right that if a person gamble only for entertainment purposes then it is very good purpose of gambling, i also see some people who gamble only for relaxation and they made it like a hobby or their favorite activity for refreshment, bot sometimes people make it as their jobs and make it as the source of income for them and they also play it for greed of money and lose alot of money.

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Quote from: abayan on May 16, 2017, 05:12:49 AM

Quote from: just_Alice on May 16, 2017, 04:49:25 AM

Quote from: NorrisK on May 15, 2017, 04:41:44 AM

Quote from: just_Alice on May 15, 2017, 04:38:14 AM

Quote from: youdacapt on May 14, 2017, 05:45:10 PM

Quote from: Cazkys on May 14, 2017, 05:38:34 PM

Gambling is designed for the casino to win, otherwise which businessman will own a business casino where his risk to lose will be higher than to win? The part of gambling is to understand and accept that word winning is only in your mind. In reality you will struggle to win over the house, think about it.

We also have to think about the probabilities in every business that involves many people, in this case the house has some percentage consideration for profit sharing to 30% of its users within 24 hours, if you tell me to think, I will think that I'm included in side of 30% winner. This is much better than ponzi who will eat you 100%

Although I wouldn't encourage anyone to gamble for profit, I agree that if compared with investing in a ponzi gambling is a better choice. Yes, you will lose most likely with gambling, but knowing that beforehand makes you to not deposit more than you can afford to lose. Investing in ponzi people expect good profits and thinking that the risk is minimal they invest a lot and thus lose a lot.

The thing with a ponzi is that you can actually make money if you are in the first group of investors.

With gambling it doesn't matter if you join early or late, in the long run you will lose out anyway.

But with ponzi you will definitely lose in the long run and actually you never know whether it is an early stage or not. Hoping to have a profit from being in a ponzi is as stupid as expecting real profits from gambling. Only people tend to invest much more in a ponzi.

In gambling if you don't learn and know how to control your emotions especially greediness you will fall out of nothing but to lose all you have .The ponzi is a kind of investment which you have a high risk same as gambling but the difference is you will not play for risk unlike gambling you may control it sometimes.

I don't get it, sorry. How can you control anything investing in ponzi? Nothing depends on you after you invested your money except maybe one thing, you can try to take your money back as soon as possible, but with most pozies as long as you've invested you've lost a big part already.

Noctis Connor

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Quote from: joganuts on May 17, 2017, 05:25:08 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

Well, gambling isn't just a game but it can be also be source of income though it shouldn't be since the probability of winning it lesser thus you might lose and there is no assurance of stable profit. Gambling would not be investment if you used to play in bank rollyet it can be if you are in tue house edge's side.

What kind of profit income you talking about gambling? You even assured your winning into it probably you're just balancing it losing and winning the more eager we play from gambling that trigger us to bet all money we have. Gambling can be investment when you really want fair income from your bankroll maybe it will give you upto 5% of earnings every month.

bitcoinisbest

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Quote from: joganuts on May 17, 2017, 05:25:08 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

Well, gambling isn't just a game but it can be also be source of income though it shouldn't be since the probability of winning it lesser thus you might lose and there is no assurance of stable profit. Gambling would not be investment if you used to play in bank rollyet it can be if you are in tue house edge's side.

Gambling if you think that it can be a source of income than more or less you are bound to lose in long run. Because gambling if played just for fun will be good else it would make you an addictive which will result in loss over a long run since you will always want to win the amount and end up in a loss. Then you will play to recover loss which will make you a slow addictive.

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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

Well, gambling isn't just a game but it can be also be source of income though it shouldn't be since the probability of winning it lesser thus you might lose and there is no assurance of stable profit. Gambling would not be investment if you used to play in bank rollyet it can be if you are in tue house edge's side.

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Quote from: kodes88 on May 16, 2017, 10:35:35 PM

Wasting is the right word because that's what we do in gambling. It's too hard to make a profit but it's too easy to spend our money on it. There is no effective strategy that can make us win in a row. Luck will not lead us to that. Luck will not come in a row.

If you actually think so then feel free to quit first. There is no one that will tell you to keep on gamble. In fact I do suggest people to stop as well if they are only either playing for fun or even gamble stupidly in an EV- games . People need to learn more before they actually started to think of making profit from gambling

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Quote from: Janation on May 16, 2017, 08:58:02 PM

Quote from: sotoshihero on May 16, 2017, 08:50:38 PM

Gambling for me is spending money for entertainment purposes but usually with negative connotation, its bad. It is something like a game of chance,without certainty to win, just only a pure luck.

Spending is not the right word, Wasting money will hit the right slot there. Even if you said that it is for entertainment purposes, which is also great, you can't ignore the fact that you are wasting your money. You can put that money on something important and might help other people.

Wasting is the right word because that's what we do in gambling. It's too hard to make a profit but it's too easy to spend our money on it. There is no effective strategy that can make us win in a row. Luck will not lead us to that. Luck will not come in a row.

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Quote from: Janation on May 16, 2017, 08:58:02 PM

Quote from: sotoshihero on May 16, 2017, 08:50:38 PM

Gambling for me is spending money for entertainment purposes but usually with negative connotation, its bad. It is something like a game of chance,without certainty to win, just only a pure luck.

Spending is not the right word, Wasting money will hit the right slot there. Even if you said that it is for entertainment purposes, which is also great, you can't ignore the fact that you are wasting your money. You can put that money on something important and might help other people.

I will disagree with your mate, I call it spending just like watching movies or going to a concert where you need to spend to have fun, maybe for you it is a waste of time and money but for people like me who enjoys gambling although we lose we call it as an entertainment.

Janation

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Quote from: sotoshihero on May 16, 2017, 08:50:38 PM

Gambling for me is spending money for entertainment purposes but usually with negative connotation, its bad. It is something like a game of chance,without certainty to win, just only a pure luck.

Spending is not the right word, Wasting money will hit the right slot there. Even if you said that it is for entertainment purposes, which is also great, you can't ignore the fact that you are wasting your money. You can put that money on something important and might help other people.

sotoshihero

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Gambling for me is spending money for entertainment purposes but usually with negative connotation, its bad. It is something like a game of chance,without certainty to win, just only a pure luck.

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Quote from: RealPhotoshoper on May 16, 2017, 07:01:03 PM

Quote from: channingwilmer on May 16, 2017, 01:32:57 PM

From my perspective, gambling is a game which bring joyful and the entertainment to you, and sometimes, if you are lucky enough, you may earn good amount of money with it. When I feel sad, I usually gamble with my friends and it do make me relax and feel more comfortable

The fact that gambling really entertaining and make you happy when you won it and get some profit.
I guess it is enough to describe what actually gambling it is , and how it make you feel entertained.
Profit and make money will always be number one reason why people keep coming back to play.

I do agree that some of the definition of gambling is this. And this is somehow the positive side of gambling. Another definition of gambling is addicting, triggers person's greed. make person obsessed in chaisn loses, breaks family when uncheck due to gambling addiction and a lot more.

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Quote from: RealPhotoshoper on May 16, 2017, 07:01:03 PM

Quote from: channingwilmer on May 16, 2017, 01:32:57 PM

From my perspective, gambling is a game which bring joyful and the entertainment to you, and sometimes, if you are lucky enough, you may earn good amount of money with it. When I feel sad, I usually gamble with my friends and it do make me relax and feel more comfortable

The fact that gambling really entertaining and make you happy when you won it and get some profit.
I guess it is enough to describe what actually gambling it is , and how it make you feel entertained.
Profit and make money will always be number one reason why people keep coming back to play.

I think people who keep coming back because they already experience to win since people are greedy and they want to win a lot..
But most of the people i think are keep coming back because they have experience of happiness or addiction in gambling this is just a child who addicted in computer games or addicted in drugs that they are keep coming back because they area always get and satisfied happiness. that turn into addiction..
If you are thinking some as making also profit expect that you can be lose a lot. .

RealPhotoshoper

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Quote from: channingwilmer on May 16, 2017, 01:32:57 PM

From my perspective, gambling is a game which bring joyful and the entertainment to you, and sometimes, if you are lucky enough, you may earn good amount of money with it. When I feel sad, I usually gamble with my friends and it do make me relax and feel more comfortable

The fact that gambling really entertaining and make you happy when you won it and get some profit.
I guess it is enough to describe what actually gambling it is , and how it make you feel entertained.
Profit and make money will always be number one reason why people keep coming back to play.

Oilacris

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Quote from: CoinFoxs on May 16, 2017, 01:58:21 PM

Quote from: channingwilmer on May 16, 2017, 01:32:57 PM

From my perspective, gambling is a game which bring joyful and the entertainment to you, and sometimes, if you are lucky enough, you may earn good amount of money with it. When I feel sad, I usually gamble with my friends and it do make me relax and feel more comfortable

Though it is a fun and entertainment but people play gambling to make profit, every single person who play gambling wants to double it's investment...so I think it is an investment.

Gambling is never be an investment unless you are putting up money on the house bankroll itself. Thinking of that you do make winnings on playing gambling but you can also lose up easily which isnt possible on comparing to some investment because if we are talking about investment which means we do profit for long term with lesser risk unlike on gambling the involved risk on it is very high which cant really be considered as an investment.

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