Topic: Which one is more risky? Skill-based gambling or trading? - page 11. (Read 9561 times)
Both has got the equal risk in it. Basically when you think of skill based gambling, the skillset helps you to make a better prediction all about the event but to win one needs luck. With skill based trading the prediction needs to be accurate to profit, if this goes wrong too we can reduce the loss.
In my own opinion gambling is more risky than trading, because in gambling you can not sure by your money if it will back or you can earn profit. In trading is you can achieve profit. In gambling there is more risky you need a knowledge and strategy so that your money will not lose and to know the strategy that your money will not lose and you can earn profit. In trading is the easy way to get money, its safe to put it in trading. Trading is it depend on you, but in gambling is if your luck or to win or to lose.
Yeah, but the thread says about skilled-based gambling, what means it's like trading, skills will determine your profit or your loss on long term. This kind of gambling is Sports Betting. I think both are equally risky, as both are skills based activities. Who has more facility to trade will do that while who has more facility to bet on sports will do that. And who doesn't have any of those skills will just role the Dice hoping to have luck.
However, as a sports gambler you can also choose to bet on odds over 2.00, that will give a good return but make sure you choose a winning bet most of the time as well to maximize your profit.
In my own opinion gambling is more risky than trading, because in gambling you can not sure by your money if it will back or you can earn profit. In trading is you can achieve profit. In gambling there is more risky you need a knowledge and strategy so that your money will not lose and to know the strategy that your money will not lose and you can earn profit. In trading is the easy way to get money, its safe to put it in trading. Trading is it depend on you, but in gambling is if your luck or to win or to lose.
Yeah, but the thread says about skilled-based gambling, what means it's like trading, skills will determine your profit or your loss on long term. This kind of gambling is Sports Betting. I think both are equally risky, as both are skills based activities. Who has more facility to trade will do that while who has more facility to bet on sports will do that. And who doesn't have any of those skills will just role the Dice hoping to have luck.
In my own opinion gambling is more risky than trading, because in gambling you can not sure by your money if it will back or you can earn profit. In trading is you can achieve profit. In gambling there is more risky you need a knowledge and strategy so that your money will not lose and to know the strategy that your money will not lose and you can earn profit. In trading is the easy way to get money, its safe to put it in trading. Trading is it depend on you, but in gambling is if your luck or to win or to lose.
Skill based gambling is nothing as their are millions of strategies out there but none of them which will work and gambling is purely luck. Using strategies in trading would make better sense and their is even a chance of you making a good profit as trading signals are available and they have worked
I will disagree to you. If gambling is always pure luck then why gambling is actively a hot activity nowadays. If there's nothing we can get as a return in doing gambling then we might noticed that gambling industry is not that active but still it is and actually new gambling sites are being made. Can you consider sports betting and skill based as games will just only rely on pure luck? You are wrong here mate.
Using strategies in trading that you are saying is no different from doing analyzation in sports betting. Both results depends on what will be the result.
Skill based gambling is nothing as their are millions of strategies out there but none of them which will work and gambling is purely luck. Using strategies in trading would make better sense and their is even a chance of you making a good profit as trading signals are available and they have worked
In my opinion both can be risky because both can be manipulated. In trading, there will be someone who control the market flow. In Skill-based gambling it could be manipulated by mafia. Even if you think you win, the truth is that, you did not. But if you ask me, it is more risky in skill-based gambling because gambling alone is already risky, while in trading there is still chances you could win somehow with enough skills.
Mafia sounds like nice. Yes most of the main sports events result will be decided by the mafia. Especially cricket, boxing and horse racing. Poker and other card based games do not come under this mafia this is base on your skills. But to compare skill games trading is much better if you put some effort you can make a good profit.
Both trading and gambling have their pro and cons. You need skill to have good ROI over the given period of time in trading. But gamblers only need luck and good money management.
I think you need a good skills both in trading and gambling for you to get your ROI. And also you need a good skills and experience when you are trading while playing gamble you will need a good analysis about the game like sports to win. Both of these is risky because sometimes the less you expect the more likely it happens.
Both trading and gambling have their pro and cons. You need skill to have good ROI over the given period of time in trading. But gamblers only need luck and good money management.
In my opinion both can be risky because both can be manipulated. In trading, there will be someone who control the market flow. In Skill-based gambling it could be manipulated by mafia. Even if you think you win, the truth is that, you did not. But if you ask me, it is more risky in skill-based gambling because gambling alone is already risky, while in trading there is still chances you could win somehow with enough skills.
Definitely the gambling risk is much higher even you have a skill or skill based games to play , It is better to apply a skill in a trade it may lessen the risk of losing plus it has a big more chance to inflate your bankroll through your Trading .
Majority of the answers will be trading but I don't think those who choose trading would really love to trade, some of them still doing gambling because even if it's risky but the reward is better since when the right time will come for you, a jackpot amount would be a good reward that could probably change your life. Everyone wants money and some wants to make it faster, and they think gambling is the best way to achieve it. Definitely the gambling risk is much higher even you have a skill or skill based games to play , It is better to apply a skill in a trade it may lessen the risk of losing plus it has a big more chance to inflate your bankroll through your Trading .
If you are concerned about risks, I like to say trading is also having same level of risks especially in high volatile market conditions. I mean to say if you are going to not consider gambling due to risk levels then you must not consider trading too. Because both are high risky regardless of how much skilled you are.In many scenarios, trading and gambling are not having big differences. At the same time a perfect trader may not find good results in gambling. Gambling and trading are not same but both are not supporting making profits without risks but being lucky.
For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.
Gambling in general is more risky than trading, there are sites who can manipulate the outcome and do shady things, while in trading you know what you are doing and the market is real, you can predict well you make money, that's how it goes.
I'll choose trading overtime although I love to improve my skills in gambling but I need to choose which would I spend my time more.
Definitely the gambling risk is much higher even you have a skill or skill based games to play , It is better to apply a skill in a trade it may lessen the risk of losing plus it has a big more chance to inflate your bankroll through your Trading .
Trading is more risky because your money will be trade and invest assured you to have profit.Trading fast way of producing money,it's like a business involves your ability to do work while if in skilled based is on how you learn only.
Indeed mate. It also happens to me I've put most of my investments in trading in which sometimes I gain profit and sometimes not which is for me are riskier than skill based gambling. You really rely on the prediction in trading.
It depends on our interest and our basic knowledge. If we are more fluent at trading than skill-based games, hence trading would be better for us and vice versa. But for sure, the risk will always be there.
Trading is more risky because your money will be trade and invest assured you to have profit.Trading fast way of producing money,it's like a business involves your ability to do work while if in skilled based is on how you learn only.
Indeed mate. It also happens to me I've put most of my investments in trading in which sometimes I gain profit and sometimes not which is for me are riskier than skill based gambling. You really rely on the prediction in trading.
I think they are both at par in terms of the risk but the rate of occurrence of the risk differ because gambling can drain your pocket in an instance whereas trading is gradual.
Yes they have the same risk but in trading it can also hurt your feeling when you saw your trades are starting to go negative. So for me, they are just both and I just realized it today that when I'm trading it's not that different to gambling, it's like a legit way of gambling though both has risk and it's going to be up to your understanding.
I think hey have different level of risk. Having the skill based gambling more risky. In trading we can have our exit whenever our trade is not doing well. Aside from that we can always take advantage of fluctuation to get a profit or lessen our loses. There is none like this in skill based gambling. It is either win or lose.
We can consider that advantage in trading when it comes to exiting the process. When you earned some decent amount from your trades, you can just simply get out of your room and turn off your computer and even you lose, you know you can recover it with other alt coins that you are trading. But in gambling, you will be forced to recover it.
Let's mature, gambling in casinos are just for fun while trading is the road to financial success.
It's the advantage of trading, you can lose a little by little but in gambling, once you started to gamble you can't notice that you are starting to lose a lot in a fast progress. Gambling in casino's is for fun but many gamblers treat as their main source of income and the problem is starting there, better to treat full time in trading.
Trading is more risky because your money will be trade and invest assured you to have profit.Trading fast way of producing money,it's like a business involves your ability to do work while if in skilled based is on how you learn only.
Indeed mate. It also happens to me I've put most of my investments in trading in which sometimes I gain profit and sometimes not which is for me are riskier than skill based gambling. You really rely on the prediction in trading.
In my opinion, trading is more risky because money is at stake more, in contrast to skills 
yes its true, trading is more risky than skill based gambling. in gambling sometimes we can understand and memorize the patterns of the game or should be the algorithms of it, although we cannot be always win what important is we can read it, in trading we cannot predict the coins, i think it more safe to gambled than to trade, in my own experience trading is more risky.It looks like you may be liking gambling more because as per you gambling is safer that trading. If you don't know trading then surely you can't make money from it but risk wise it is less compared to gambling. In gambling, you must be lucky to win and all those patterns will never help you to win money but if you learn trading then you will surely make profits in the longer run. Just remember don't leverage more money and go for day trading. Buy some good coins and wait for the right time to sell then you can make profit from trading.
Everyone has his/her own opinion in regard to the subject matter. As an economics students, i learned that there is a percentage of risk in any venture that is geared towards growing your income. If you look at trade, it has its own risks which range from market conditions, political environment and even environmental factors. Gambling also has its own risks because you are depending on a chance to win. You can be lucky in gambling and win and fail to get anything in trading due to some conditions, therefore, all of them involve some sort of risk.
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