What is GAMBLING? - page 7. | Bitcointalksearch.org

klf

legendary

Activity: 1344

Merit: 1000

Quote from: SparkedDev on December 18, 2016, 09:37:42 PM

For owner profit.
For investors profit.
For players loses and small chance of wins.

But ultimately on the player side its supposed to be entertainment.

The first point is correct but the second point is not always correct. Because if you check moneypot thread, then you will come to know that investors are the one always loses money if anyone wins either small or big significant amount from their apps, but only app owners and site owners always make profits regard less or players wins or losses. So you should choose correct place to invest to avoid big losses and don't ever invest without understanding how things work correctly.

SparkedDev

hero member

Activity: 896

Merit: 1000

For owner profit.
For investors profit.
For players loses and small chance of wins.

But ultimately on the player side its supposed to be entertainment.

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

Quote from: machinek20 on December 18, 2016, 06:29:51 PM

Gambling is an entertainment for me, it is a game with a risk, that is the reason why it makes gambling so excited and because of bitcoin and other crypto currency, gambling has become a good business, after the crypto currency implemented in gambling there are a lot of investor creating bitcoin gambling site

Yeah this is what the exactly mean that gambling is just for entertainment with a risk.. we can not say it is a gambling if there is no money involve in the game card game sports or any games that involve with money..
It is just a business but i think we can not say that it is a good business.. because it can hurt your financial income if you are just poor better to stay away because it is good only for rich people..

raaajlucky

hero member

Activity: 532

Merit: 500

Quote from: machinek20 on December 18, 2016, 06:29:51 PM

Gambling is an entertainment for me, it is a game with a risk, that is the reason why it makes gambling so excited and because of bitcoin and other crypto currency, gambling has become a good business, after the crypto currency implemented in gambling there are a lot of investor creating bitcoin gambling site

You are right, This Bitcoin made online gambling more popular and more players are joined to online gambling. I will also treat gambling just a game, and i play gambling to come out my work stress and sometimes to kill my free time. So the gambling is a risky entertaining game.

machinek20

hero member

Activity: 840

Merit: 501

Gambling is an entertainment for me, it is a game with a risk, that is the reason why it makes gambling so excited and because of bitcoin and other crypto currency, gambling has become a good business, after the crypto currency implemented in gambling there are a lot of investor creating bitcoin gambling site

audaciousbeing

hero member

Activity: 1330

Merit: 569

Gambling will continue to have its way till eternity as it has been doing since time immemorial so far humans by their nature are will continue to be selfish and wanting to gain more from what they have with the risk ready to lose the little they have and thats is why its still thriving and will continue to be.

katrimans

hero member

Activity: 882

Merit: 500

Quote from: smho_16 on December 18, 2016, 07:51:31 AM

In the end gambling is an industry, industry of making money for the casino owners.

Need to agree with you as per my experience. An industry which is always favorable only to the owners and not to the participants.

Gambling is an industry which should be used for entertainment by the participants but remains fruitful only to the owners. Interestingly, the number of participants keep on increasing every day even they are facing only losses all the times.

dawnpot

newbie

Activity: 42

Merit: 0

Gambling is playing games to get entertained while risking some money for more money. It comes with its own habits and addictions.

smho_16

sr. member

Activity: 420

Merit: 250

Gambling is as old as human history. The greed of one person and trust me there are a lot of greedy persons on this world is the one that has made casino houses win so much in this industry. So in my opinion gambling is an industry which makes a lot of money for the casino owners.

Greedy people are still here and as long as they are there will always be profit for the casino owners. Casual gamblers don't give any profit to casino owners , in fact if they hit a jackpot during their casual game play that is a loss to the casino owners, who still cover it from the greediness of other people.

In the end gambling is an industry, industry of making money for the casino owners.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Maslate on December 17, 2016, 02:12:57 AM

Quote from: boyptc on December 17, 2016, 01:29:25 AM

Quote from: Finestream on December 17, 2016, 12:49:46 AM

Quote from: Mr.grin on December 16, 2016, 12:24:16 PM

Well, all this time, I just looked at gambling as a lucrative game, because gambling is a game of luck bet on it. I never saw it as an investment or as a business. you do in gaming is trying to win in order to earn more money, such as trying to get a score when playing the game. well, it was very pleasant.

I can say you are thinking straight dude, it is not an investment as per definition as your purpose is just for entertainment, you aim to win but it's different when you really aim to earn when profit is expected to have. In gambling, it's difficult to achieve that as sometimes our luck is not with us while we are frustrated because of possible big loses that are already accumulated.

Gambling is also a good business if you have a bigger bankroll or you have big savings, you can provide entertainment to the people who are too much addicted in gambling. And that's why there are a lot of owners who are earning big money with gambling. So, that's their own definition for gambling, it is simple as business.

It's definitely a good business if you have a decent amount of capital, it's better than other type of investment as it's lucrative, the fact that gambling sites win all the time and you win in the long run, it is possible to grow your profit easily and you have the edge so that makes you confident your business will continue to operate and profitable.

And it seems that there is no casino that hasn't earned great profit in the industry. But I'm a bit curious with them if there are cases that make their gambling business fell down or else no one will say that gambling fell their business. And as it is one of the biggest industry in the world even in the bitcoin economy, no doubt that this is lucrative.

BossMacko

hero member

Activity: 1134

Merit: 502

Quote from: BALIK on December 18, 2016, 04:40:31 AM

Quote from: BossMacko on December 18, 2016, 04:33:18 AM

Quote from: arseaboy on December 18, 2016, 04:22:47 AM

Quote from: chris200x9 on December 18, 2016, 03:27:55 AM

Quote from: diegz on December 18, 2016, 12:38:46 AM

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

The gambling is not a business, but we can consider investment is a type of business. These two methods are too risky. In gambling making profit bit tough, but if you have knowledge in investment and you have enough money. You can invest in some reputed sites, and there is a possibility are there to make some profit.

For some maybe they consider gambling as a business.. I've known few people who do that in real casinos but in digital world I don't know if there is. Gambling for me is for entertainment which really spends my time and money to play.

I knew some people too who doesn't have a job but they are making tons of money by gambling only. I asked one of my friend and told me that you have to invest lot of money in order to earn a lot too but he also told me that there is a risk that you might lose everything also. Anyway for some Gambling is for entertainment, some Gambling is a business and like my friends gambling for them is a job.

It looks like your friend is pro gamblers? I just want to know how they can prevent to lose in gambling? I don't know if there are strategy but I think it is still based on luck, your friend is so lucky since he can could do the job the gambling, I think he have a pure luck.

Yeah they are pro and really do have a lot of experienced already. They also lose in gambling but they doesnt lose all they have because they stop whenever they need to stop because as we all know and i am sure that you guys also experienced this that whenever we are trying to recover our losses instead of recovering we lose instead.

Bigdan

member

Activity: 84

Merit: 10

Gambling is playing a game of chance with the aim of making money by predicting correctly the outcome of games or events.

warwar

hero member

Activity: 798

Merit: 505

Quote from: BALIK on December 18, 2016, 04:40:31 AM

Quote from: BossMacko on December 18, 2016, 04:33:18 AM

Quote from: arseaboy on December 18, 2016, 04:22:47 AM

Quote from: chris200x9 on December 18, 2016, 03:27:55 AM

Quote from: diegz on December 18, 2016, 12:38:46 AM

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

The gambling is not a business, but we can consider investment is a type of business. These two methods are too risky. In gambling making profit bit tough, but if you have knowledge in investment and you have enough money. You can invest in some reputed sites, and there is a possibility are there to make some profit.

For some maybe they consider gambling as a business.. I've known few people who do that in real casinos but in digital world I don't know if there is. Gambling for me is for entertainment which really spends my time and money to play.

I knew some people too who doesn't have a job but they are making tons of money by gambling only. I asked one of my friend and told me that you have to invest lot of money in order to earn a lot too but he also told me that there is a risk that you might lose everything also. Anyway for some Gambling is for entertainment, some Gambling is a business and like my friends gambling for them is a job.

It looks like your friend is pro gamblers? I just want to know how they can prevent to lose in gambling? I don't know if there are strategy but I think it is still based on luck, your friend is so lucky since he can could do the job the gambling, I think he have a pure luck.

WEll it is not really pure of luck in gambling it also requires control of your emotions and some of strategy but not all of the strategy works. In controling your emotions you should need that in the winning streaks or loosing streak so that you will know when to stop playing or start playing.

BALIK

copper member

Activity: 2254

Merit: 608

🍓 BALIK Never DM First

Quote from: BossMacko on December 18, 2016, 04:33:18 AM

Quote from: arseaboy on December 18, 2016, 04:22:47 AM

Quote from: chris200x9 on December 18, 2016, 03:27:55 AM

Quote from: diegz on December 18, 2016, 12:38:46 AM

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

The gambling is not a business, but we can consider investment is a type of business. These two methods are too risky. In gambling making profit bit tough, but if you have knowledge in investment and you have enough money. You can invest in some reputed sites, and there is a possibility are there to make some profit.

For some maybe they consider gambling as a business.. I've known few people who do that in real casinos but in digital world I don't know if there is. Gambling for me is for entertainment which really spends my time and money to play.

I knew some people too who doesn't have a job but they are making tons of money by gambling only. I asked one of my friend and told me that you have to invest lot of money in order to earn a lot too but he also told me that there is a risk that you might lose everything also. Anyway for some Gambling is for entertainment, some Gambling is a business and like my friends gambling for them is a job.

It looks like your friend is pro gamblers? I just want to know how they can prevent to lose in gambling? I don't know if there are strategy but I think it is still based on luck, your friend is so lucky since he can could do the job the gambling, I think he have a pure luck.

BossMacko

hero member

Activity: 1134

Merit: 502

Quote from: arseaboy on December 18, 2016, 04:22:47 AM

Quote from: chris200x9 on December 18, 2016, 03:27:55 AM

Quote from: diegz on December 18, 2016, 12:38:46 AM

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

The gambling is not a business, but we can consider investment is a type of business. These two methods are too risky. In gambling making profit bit tough, but if you have knowledge in investment and you have enough money. You can invest in some reputed sites, and there is a possibility are there to make some profit.

For some maybe they consider gambling as a business.. I've known few people who do that in real casinos but in digital world I don't know if there is. Gambling for me is for entertainment which really spends my time and money to play.

I knew some people too who doesn't have a job but they are making tons of money by gambling only. I asked one of my friend and told me that you have to invest lot of money in order to earn a lot too but he also told me that there is a risk that you might lose everything also. Anyway for some Gambling is for entertainment, some Gambling is a business and like my friends gambling for them is a job.

arseaboy

hero member

Activity: 644

Merit: 500

Quote from: chris200x9 on December 18, 2016, 03:27:55 AM

Quote from: diegz on December 18, 2016, 12:38:46 AM

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

The gambling is not a business, but we can consider investment is a type of business. These two methods are too risky. In gambling making profit bit tough, but if you have knowledge in investment and you have enough money. You can invest in some reputed sites, and there is a possibility are there to make some profit.

For some maybe they consider gambling as a business.. I've known few people who do that in real casinos but in digital world I don't know if there is. Gambling for me is for entertainment which really spends my time and money to play.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: diegz on December 18, 2016, 12:38:46 AM

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

The gambling is not a business, but we can consider investment is a type of business. These two methods are too risky. In gambling making profit bit tough, but if you have knowledge in investment and you have enough money. You can invest in some reputed sites, and there is a possibility are there to make some profit.

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: Mlich on December 18, 2016, 12:31:14 AM

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

A sort of. But it is not a good business or investment, returns are not predictable, the end result is what is fast about gambling, but not when it comes to profit if you are considering it as a investment or a business. As for me, I still consider it as a game with bet, win or lose, all you can do is to accept it and play over and over again if you really like the game.

Mlich

full member

Activity: 211

Merit: 100

Official Augmentors Developer

i see gambling to be some form of business and investment at the same time with faster returns and has a very high risk aswel

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: adi33 on December 17, 2016, 11:14:29 PM

According to my own. gambling is a game that mixes with the investment. This game promises us a lot of money in various ways. ranging from playing dice. sports and others. but this game has a fairly high risk

A fair risk level must be a characteristics of an investment but definitely not associated with gambling. In my experience there is no fairness with the risks we do face in gambling. I mean to say there is no possibility of calculated risk taking opportunities in gambling.

Gambling is just a way for spending and it may give us some entertainment if possible and only if we are ready to accept those entertainments.

Topic: What is GAMBLING? - page 7. (Read 8505 times)