When is Gambling Like Investing - page 18.

numanoid

legendary

Activity: 1890

Merit: 1148

Quote from: [email protected] on November 17, 2016, 10:18:41 PM

~snip~
Yeah this is correct. For me its better to play gambling than investing into sites (Cloud mining,Hyips) Because even if you lose in a gambling game you have the experience playing it and you enjoy while playing. But if you invested on cloud mining or hyip their is a big chance that it will scam you and You cant Roi your in your investment

You're totally wrong there, Investing to Cloudmining, HYIP/PONZI sites? You called that "investing"? i rather calling that "donate" your money in those sh*t scam sites., you'll get scammed 100%. Investing your money in trusted gambling/casino sites is one of best choice if you want try investing.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: BTCevo on November 18, 2016, 02:37:19 AM

Quote from: xuan87 on November 17, 2016, 06:39:29 PM

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

Why gambling is mot an investing? I think with huge bankroll you can earn solid profit and this is increase your number of btc in no time though. Let say you have 1 btc and you try to earn lowest around 0.001-0.003 btc each day so in a month you will get 3%-6% a month. And this is solid profit. I am sure it is really easy to earn that low amount with using auch a big bankroll

You are talking about investing into bankroll casino's and I think that is different from gambling alone and investing into gambling sites. But that is a good type of investment but I think that gambling is like investing when you are putting a lot of your time, effort and money on it. And all you are putting there is already good to call as investment as you gamble.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

It's investing when you are getting a great return in gambling, either you put your money in a certain gambling sites you wanted to invest or you are a skilled gambler where you can turn the tide to be in your favor. Professional gamblers who has a good record give their full time in gambling and they consider it as a work and they are also getting the benefits or great return but not all can do that even the majority.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: xuan87 on November 17, 2016, 06:39:29 PM

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

Why gambling is mot an investing? I think with huge bankroll you can earn solid profit and this is increase your number of btc in no time though. Let say you have 1 btc and you try to earn lowest around 0.001-0.003 btc each day so in a month you will get 3%-6% a month. And this is solid profit. I am sure it is really easy to earn that low amount with using auch a big bankroll

Rubberduckie

legendary

Activity: 1442

Merit: 1000

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

the only way its really like "investing" is if your the bookie.

If your charging the -110 over time with enough customers it then becomes an investment.
You just need to be able to handle the variance in the event a bunch of people get hot at the
wrong time.

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: DeDordtenaar on November 17, 2016, 06:06:41 PM

Quote from: torry28 on November 16, 2016, 07:35:23 PM

Quote from: ikydesu on November 16, 2016, 04:26:37 PM

Investing is basically a way to gain your money, there's no risk, just a small % profit or big % profit(usually big profit turn into scam in the end), its totally different from gambling which you used your money to afford to lose.

No, investing still has the risk (same like my answer before on different thread), you could lossing your money when some lucky people won a lot in a site which you invested with high kelly.

Lol wrong if you say that there is no risk pn investment, if the investment does not have a risk of course everyone does not need to work they only need to invest and enjoy the earning, it logically
I can say that all methods of growing bitcoin is at risk, including investing in gambling, perhaps you could invest in bankroll gambling site, you will invest and gamble in the same time

Yes that is true and I agree on that but in the end house will always win. Dont you think? There is no way that they can open some gambling site without thinking about their profit. Unless they are going to scam us but in a long term they will always get some profit, it is only matter of time when they can get much

paramind22

hero member

Activity: 2730

Merit: 552

Quote from: wintermeasures on November 17, 2016, 10:16:51 PM

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

I Think that Gambling is Like Investing When You Do Sports Betting Because in Sports Betting You Need to Use Your Skills Of Knowledge and Experience in Sports and Also You Need to Do Some Analysis in Sports Betting Before Putting a Bet On Any Event........
So I Think that Gambling is Like Investing in Sports Betting.........

That's still always possibly 50-50 odds unless one team is great and one isn't, so I think it's not like investing. People do lose in investing, but it's said to only put a small amount of your money in riskier investments and stay long term with the good ones.

[email protected]

hero member

Activity: 560

Merit: 500

Crypterium - Digital Cryptobank with Credit Token

Quote from: MinerHQ on November 17, 2016, 08:38:48 PM

Quote from: xuan87 on November 17, 2016, 06:39:29 PM

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

That is 100% correct. Gambling end results depend on only luck, and no luck means no winning from gambling. What I think is instead of calculating all those theories just play for some time and enjoy the games, and if you're lucky, then you will win or think that you spent some money for enjoyment.

Yeah this is correct. For me its better to play gambling than investing into sites (Cloud mining,Hyips) Because even if you lose in a gambling game you have the experience playing it and you enjoy while playing. But if you invested on cloud mining or hyip their is a big chance that it will scam you and You cant Roi your in your investment

wintermeasures

sr. member

Activity: 322

Merit: 250

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

I Think that Gambling is Like Investing When You Do Sports Betting Because in Sports Betting You Need to Use Your Skills Of Knowledge and Experience in Sports and Also You Need to Do Some Analysis in Sports Betting Before Putting a Bet On Any Event........
So I Think that Gambling is Like Investing in Sports Betting.........

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: michkima on November 16, 2016, 11:23:38 PM

When you invest in the house it's investing. You don't ever win in gambling in the long term. But if you invest into the house, you have a chance of growing your money in the long run.

i am agree with this, and i think better we invest in the house because its more safe than we only playing gambling that will make us to get loss. beside that we can see that our investment is really work with the house.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: xuan87 on November 17, 2016, 06:39:29 PM

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

That is 100% correct. Gambling end results depend on only luck, and no luck means no winning from gambling. What I think is instead of calculating all those theories just play for some time and enjoy the games, and if you're lucky, then you will win or think that you spent some money for enjoyment.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: xuan87 on November 17, 2016, 06:39:29 PM

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

That's the fact in gambling but those gamblers are thinking that gambling is also investment. Because they are using their own money to grow it.

And it is making them think that gambling is an investment and that's why many are falling to addiction to it.

Because they wanted to get again their lose* investment as they play their favorite games.

error08

hero member

Activity: 1036

Merit: 514

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

I remember started gambling on poker game, felt so fun and got addicted of it.
Gambling is always risky for sure but it could be such investing if you change your role as bankroll instead of player.
It's gambling too and could lose if you don't know where the best option to invest.

xuan87

legendary

Activity: 1666

Merit: 1001

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

DeDordtenaar

hero member

Activity: 518

Merit: 500

Quote from: torry28 on November 16, 2016, 07:35:23 PM

Quote from: ikydesu on November 16, 2016, 04:26:37 PM

Investing is basically a way to gain your money, there's no risk, just a small % profit or big % profit(usually big profit turn into scam in the end), its totally different from gambling which you used your money to afford to lose.

No, investing still has the risk (same like my answer before on different thread), you could lossing your money when some lucky people won a lot in a site which you invested with high kelly.

Lol wrong if you say that there is no risk pn investment, if the investment does not have a risk of course everyone does not need to work they only need to invest and enjoy the earning, it logically
I can say that all methods of growing bitcoin is at risk, including investing in gambling, perhaps you could invest in bankroll gambling site, you will invest and gamble in the same time

Babayega31

hero member

Activity: 630

Merit: 500

Cryptocurrency Wallet - Denaro.io

Quote from: Red-Apple on November 17, 2016, 07:50:28 AM

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

i never like calling gambling an investment because it never is like it. but reading some of comments and in my experience i think in some cases you can think of it like investing because you are investing your money, time and experience in it.

for example when you are using a strategy to win and mostly when you are playing games that require more of your skills than your luck like sports betting you are kin of investing!

Yeah its like an investment, you didn't know whats the real score specially like when you're on a business many challenges to come and in gambling your challenge is how to stay in the game with few losses. If you lose more you result to fail on your investment and that's an emotional stress to you.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

i never like calling gambling an investment because it never is like it. but reading some of comments and in my experience i think in some cases you can think of it like investing because you are investing your money, time and experience in it.

for example when you are using a strategy to win and mostly when you are playing games that require more of your skills than your luck like sports betting you are kin of investing!

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

I guess this applies more to sports betting. When you invest you always look for a lower price as a bargain to increase your profit and to decrease your loss. So it's the buy low, sell high mantra that you always hear from the traders and investors around here. In sports betting, it's almost the same thing when you shop around for good lines. In one sports book some lines offer higher odds compared to others, so you have room to size your bet a bit smaller and win a slightly higher amount at the same time. And there's also the instance where you bet and the line moves in favor of you by going lower. It means you got in the bet cheap. While the reverse makes you in the bet at a bad price.

At least that's how I look at it.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: paramind22 on November 16, 2016, 01:09:54 PM

I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.

Does anyone have any examples of how gambling is like investing?

gambling is never like investing and it will never be. because as long as you are involving money and taking risks that you can not predict it is not an investment in my opinion.

and what you say about elderly and playing card games as a gamble, it doesn't involve money and it is usually games like bingo and it is only for fun and as an entertainment so i think they can not be called gambling.

dunfida

legendary

Activity: 3122

Merit: 1140

Playing gambling itself is not considered as an investment because you are risking money though to earn money but the risk of lossing it is high.
Gambling would be an investment when you do put money on the house itself but we should still think that investing on these gambling sites doesnt guarantee you anytime to make profits because there are really times which you dont gain nothing on a particular month.

Topic: When is Gambling Like Investing - page 18. (Read 7699 times)