Topic: When is Gambling Like Investing - page 5. (Read 7699 times)
Gambling can never become an investment. Only way is when you invest in a gambling website. So whatever the profit the owner makes, you can get a part of it. But of you meant by doing gambling, gambling and investment are not even close.
The only profitable way from gambling is sport-betting. Because here you don't bet against the machine or the house edge, you bet on real humans you see how they play, you know for what they play, you know who they play against, how they play against this team. So yeah with a good bankroll management you can do good money.
About investing into gambling.. the best that would be like investing is if you've got a source that offers Fixed matches so you may invest to buy the game and put your money into it. You won't need more than $100 000 I guess tho ^^
sportsbetting fixed games .... it was not a good way to make money and to gamble .About investing into gambling.. the best that would be like investing is if you've got a source that offers Fixed matches so you may invest to buy the game and put your money into it. You won't need more than $100 000 I guess tho ^^
gambling will feel like an investment when you do it in bitcoin, for example even if you lost 10% of total bankroll you have but the bitcoin market crazy like what happened recently , you will still in profit as the bitcoin you hold keep growing .
When you invest your bankroll to gambling then that will become gambling into investment more of the gamblers don't want to invest their bankroll is better way to play their money into big risk to win big profit but it will became 50/50 chance of winning and losing its up to you on how you will handled it.
50/50? that is funny, if that is 50/50 as you said, then it must be really an easy game, no more addictions because with a martingale strategy, you can win your every gambling activities. That is not 50/50, more likely it's 70-30 chance, the more you increase the odd, the more the risk the bigger the profit. I think it is the way around, because investing is considered gambling because when you are putting your money at risk, they you are gambling.
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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.Does anyone have any examples of how gambling is like investing?
You shouldn't mix both investing on casino bankrolls and gambling. Because both are totally different. Gambling can't be considered as an investment even though you can double or more when you're lucky because these are just games to get excitements. But if you invest on casino bankrolls then they are high-risk investments. You can make a more profit from these sites and at the same time can lose money fast so if you diversify your funds then you're profit making chances will increase from these investments.
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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.Does anyone have any examples of how gambling is like investing?
You shouldn't mix both investing on casino bankrolls and gambling. Because both are totally different. Gambling can't be considered as an investment even though you can double or more when you're lucky because these are just games to get excitements. But if you invest on casino bankrolls then they are high-risk investments. You can make a more profit from these sites and at the same time can lose money fast so if you diversify your funds then you're profit making chances will increase from these investments.
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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.Does anyone have any examples of how gambling is like investing?
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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often. Does anyone have any examples of how gambling is like investing?
The only profitable way from gambling is sport-betting. Because here you don't bet against the machine or the house edge, you bet on real humans you see how they play, you know for what they play, you know who they play against, how they play against this team. So yeah with a good bankroll management you can do good money.
About investing into gambling.. the best that would be like investing is if you've got a source that offers Fixed matches so you may invest to buy the game and put your money into it. You won't need more than $100 000 I guess tho ^^
About investing into gambling.. the best that would be like investing is if you've got a source that offers Fixed matches so you may invest to buy the game and put your money into it. You won't need more than $100 000 I guess tho ^^
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?
Does anyone have any examples of how gambling is like investing?
Gambling is only like investing if you are so good at a game that you make more than you lose. If you play poker with people you know and you almost always win because you can read the opponents, then that could be an investment.
When you invest your bankroll to gambling then that will become gambling into investment more of the gamblers don't want to invest their bankroll is better way to play their money into big risk to win big profit but it will became 50/50 chance of winning and losing its up to you on how you will handled it.
50/50? that is funny, if that is 50/50 as you said, then it must be really an easy game, no more addictions because with a martingale strategy, you can win your every gambling activities. That is not 50/50, more likely it's 70-30 chance, the more you increase the odd, the more the risk the bigger the profit. I think it is the way around, because investing is considered gambling because when you are putting your money at risk, they you are gambling.
When you invest your bankroll to gambling then that will become gambling into investment more of the gamblers don't want to invest their bankroll is better way to play their money into big risk to win big profit but it will became 50/50 chance of winning and losing its up to you on how you will handled it.
I think it is avery interesting question. For the disciplined investor it is clear they are not the same. But if you are undisciplined in your investing you may actually just be a gambler with the same odds of losing.
The first thing you should know is gambling is never considered as an investment because these are just games and we need to spend our money enjoy these games. But if only if you're lucky, then you got a chance of making some money but that doesn't mean that it is an investment. I never consider gambling as an investment but investing on casino bankrolls may be a good investment option.
Yeah, but most of the gamblers see gambling as an investment, well, it is an investment, in a way, because we are investing our money, for us to have something to spend on betting, and also an investment of efforts and hard works, not quitting even though we are losing too much money, something like that. But it is not the real "Investment" that we are all thinking.
Gambling is just a game, where we could earn a lot of money in an easy way if we are good at it, or we do know what to do in every time that we are going to gamble, but like you, I never consider gambling as an investment.
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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.Does anyone have any examples of how gambling is like investing?
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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.Does anyone have any examples of how gambling is like investing?
A wise gambler will invest and have some shares with a gambling site if you have a little big amounts .It will become a big profit for you . A common mistakes that people think that gambling is an investment which only those wise man knows were to invest smartly not like playing games who rely on luck.
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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.Does anyone have any examples of how gambling is like investing?
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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment. Does anyone have any examples of how gambling is like investing?
If we exclude betting, then gambling can be separated from investing/trading by one thing - determinism of outcomes. In casino games you can calculate your chances and expected value which will always be negative. You can tell that there is -0.5% EV in this game and -2% EV in that game, but when it comes to investing, you can never precisely tell the chances. Even the best investors and traders can only expect something, but never determine the odds of any possible outcome.
Do you say when we invest we can't precisely tell the chances of profit? Invest for me is when you add money to casino bankroll and receive profit when the casino has profit. If you don't do it, you are gambling, not investing.
It's very different, because investment gives profit on long run, while gambling gives losses on long run, but possible huge profit on short run.
Investing in casino bankroll is a rare case when you know the expected value, but more commonly when you invest in business or buy some assets you can't tell the probabilities of any possible outcomes. Casino games are very simple and they are built to be deterministic while real business is very complex and can't be accurately predict. This is the reason why companies like Google or Microsoft can turn their owners into billionaires but casino owners will never have similar returns.
I think it is avery interesting question. For the disciplined investor it is clear they are not the same. But if you are undisciplined in your investing you may actually just be a gambler with the same odds of losing.
The first thing you should know is gambling is never considered as an investment because these are just games and we need to spend our money enjoy these games. But if only if you're lucky, then you got a chance of making some money but that doesn't mean that it is an investment. I never consider gambling as an investment but investing on casino bankrolls may be a good investment option.
If we exclude betting, then gambling can be separated from investing/trading by one thing - determinism of outcomes. In casino games you can calculate your chances and expected value which will always be negative. You can tell that there is -0.5% EV in this game and -2% EV in that game, but when it comes to investing, you can never precisely tell the chances. Even the best investors and traders can only expect something, but never determine the odds of any possible outcome.
Do you say when we invest we can't precisely tell the chances of profit? Invest for me is when you add money to casino bankroll and receive profit when the casino has profit. If you don't do it, you are gambling, not investing.
It's very different, because investment gives profit on long run, while gambling gives losses on long run, but possible huge profit on short run.
I think it is avery interesting question. For the disciplined investor it is clear they are not the same. But if you are undisciplined in your investing you may actually just be a gambler with the same odds of losing.
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