Topic: what is definition gambling in your mind? - page 8. (Read 20282 times)

Quote from: traderethereum on August 23, 2016, 11:35:18 PM

For me gambling is like an investment but its is addicted when you are not control of yourself. But its always use as fun and past time when you are bored. In gambling if you lucky enough if your won you become rich and double your profit and easy to earn. Being a gambling is with knowledge and skill in gamble you want too. Its more risky but its gives enjoyable.

I dont think that gambling is something which can be related to investments, as investment is something which always yields profit or atleast have surety of profit, but gambling is like a Game where you can Win or Loss and there is no grantee of only winning.
For me Gambling is a Game and game is won by skill and luck. You need to play with active mind to be able to get good income from gambling.

It depends on who is gambling, sports bettors who are good in sports betting are treating their
gambling activity as investment because they are making money from it.

You mean sports betting is same like investment. I don't think so because sports betting is a part of gambling, and i am not consider that gambling like an investment. Even we earn and use money in gambling, but gambling total different from investment. But in sports betting, many people win in it, may be that reason they think it is an investment. But in reality it is not.

yes right sports betting isn't an investment its a gamble maybe they have some capability to analyze correctly but there's still a risk
even small odd loses when luck is not with your side unlike investment if its legit you can make a huge profits just barely needed
of time to research and study.

I think there is no difference because if our analysis is right in one match then you will get a profit but if you made a mistakes you will suffer losses is same if we choose the wrong investment? we will got losses too.

bouren

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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

Gambling is an investment !! Cheesy

Ok we do consider investment to be risky but not wagering at least in my dictionary. Investment has an attribute of speculation where person earn through risk of money value of commodity but in case of gambling, no commodity is there and risk is related to happening of an event!
So gambling is just for fun game, nothing else.

espante

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Gambling is a game of luck with a negative average return and where personal strategy doesn't affect your return. For example a game of roulette is gambling. For most people sports betting is gambling, but for a professional sports betting is a source of income because he uses personal strategy to guarantee himself a positive average return.

ice098

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Quote from: michietn94 on August 24, 2016, 03:46:30 AM

Gambling is risky activity that will lead you into winner or losser depend on luck. For some people they take investment on gambling site because they trusting on the site that they will keep growing

it is an investment for me that has a high risk in everything. we should be vigilant and be practical in all our gambled games. we can earn a lot from here and we can be rich here if we wanted and if we are determined enough.

MWesterweele

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Quote from: Oralmat on May 16, 2017, 08:01:15 AM

It depends on who is gambling, sports bettors who are good in sports betting are treating their
gambling activity as investment because they are making money from it.

i agree with you it is on what they have been playing and what they are they thinking they are doing. but for me , gambling is a mind playing game that consisting of many problems to be solved that needed our luck and skills.

Caladonian

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For me gambling is like an investment but its is addicted when you are not control of yourself. But its always use as fun and past time when you are bored. In gambling if you lucky enough if your won you become rich and double your profit and easy to earn. Being a gambling is with knowledge and skill in gamble you want too. Its more risky but its gives enjoyable.

I dont think that gambling is something which can be related to investments, as investment is something which always yields profit or atleast have surety of profit, but gambling is like a Game where you can Win or Loss and there is no grantee of only winning.
For me Gambling is a Game and game is won by skill and luck. You need to play with active mind to be able to get good income from gambling.

It depends on who is gambling, sports bettors who are good in sports betting are treating their
gambling activity as investment because they are making money from it.

You mean sports betting is same like investment. I don't think so because sports betting is a part of gambling, and i am not consider that gambling like an investment. Even we earn and use money in gambling, but gambling total different from investment. But in sports betting, many people win in it, may be that reason they think it is an investment. But in reality it is not.

yes right sports betting isn't an investment its a gamble maybe they have some capability to analyze correctly but there's still a risk
even small odd loses when luck is not with your side unlike investment if its legit you can make a huge profits just barely needed
of time to research and study.

Oralmat

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For me gambling is like an investment but its is addicted when you are not control of yourself. But its always use as fun and past time when you are bored. In gambling if you lucky enough if your won you become rich and double your profit and easy to earn. Being a gambling is with knowledge and skill in gamble you want too. Its more risky but its gives enjoyable.

I dont think that gambling is something which can be related to investments, as investment is something which always yields profit or atleast have surety of profit, but gambling is like a Game where you can Win or Loss and there is no grantee of only winning.
For me Gambling is a Game and game is won by skill and luck. You need to play with active mind to be able to get good income from gambling.

It depends on who is gambling, sports bettors who are good in sports betting are treating their
gambling activity as investment because they are making money from it.

You mean sports betting is same like investment. I don't think so because sports betting is a part of gambling, and i am not consider that gambling like an investment. Even we earn and use money in gambling, but gambling total different from investment. But in sports betting, many people win in it, may be that reason they think it is an investment. But in reality it is not.

Kasabus

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Quote from: just_Alice on May 16, 2017, 03:49:25 AM

For me gambling is like an investment but its is addicted when you are not control of yourself. But its always use as fun and past time when you are bored. In gambling if you lucky enough if your won you become rich and double your profit and easy to earn. Being a gambling is with knowledge and skill in gamble you want too. Its more risky but its gives enjoyable.

I dont think that gambling is something which can be related to investments, as investment is something which always yields profit or atleast have surety of profit, but gambling is like a Game where you can Win or Loss and there is no grantee of only winning.
For me Gambling is a Game and game is won by skill and luck. You need to play with active mind to be able to get good income from gambling.

It depends on who is gambling, sports bettors who are good in sports betting are treating their
gambling activity as investment because they are making money from it.

abayan

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Quote from: NorrisK on May 15, 2017, 03:41:44 AM

Quote from: just_Alice on May 15, 2017, 03:38:14 AM

Quote from: youdacapt on May 14, 2017, 04:45:10 PM

Quote from: Cazkys on May 14, 2017, 04:38:34 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.

just_Alice

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Quote from: NorrisK on May 15, 2017, 03:41:44 AM

Quote from: just_Alice on May 15, 2017, 03:38:14 AM

Quote from: youdacapt on May 14, 2017, 04:45:10 PM

Quote from: Cazkys on May 14, 2017, 04:38:34 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.

taxmanmt5

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