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Topic: Which one is more risky? Skill-based gambling or trading? - page 20. (Read 9532 times)

hero member
Activity: 1820
Merit: 537
when there of manipulation in trading you still have funds but in gambling when there was manipulation your funds will be lost and nothing left so I think skill-based gambling more risky

Both of them was skill based ,but in terms of gambling theres much many to consider like Luck to win in a game .While trading will require a trader in a good skills ,analyzation and patient to wait to gain profits. There is no doubt in the sense of these two same they have some same applied skills but more risky is still gambling. The advantage is any manipulation as long as you can handle your funds in the right way and where would you going to spend it.
sr. member
Activity: 1162
Merit: 258
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when there of manipulation in trading you still have funds but in gambling when there was manipulation your funds will be lost and nothing left so I think skill-based gambling more risky
hero member
Activity: 2520
Merit: 568
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I put them both on the same scale because trading just like skilled gambling requires a lot of or some basic training in order to effect a trade and since they are all probables and somewhat depends on your luck after the skill I think they are the same in terms of risk.

I do treat them too as both thing. Trading is requiring skills and knowledge, so I'm thinking now that those skilled-base gambling games are almost the same thing with trading. The risk are the same thing but when it comes on executing it, they are actually and totally different on how you do it. So for me, they are both risky.
hero member
Activity: 770
Merit: 500
Bazinga!
in my experience the risk that gambling has you can't find that in anywhere else. and it really doesn't matter what type of gambling we are talking about. people usually fool themselves with "skill-based" gambling and think they can beat the odds and get lucky. but in the end the risk is still there but it is masked away and they don't see it.

on the other hand the risk of trading is also always there but i always find it ridiculous to compare that risk with the risk of gambling!
hero member
Activity: 2618
Merit: 548
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Skill-gambling loses. I know that some game can win even before it started, but any time I go the roulette I got no clue what will happen...

Skilled based and trading is the same when it comes to risk and losing chance. But for me, I'll choose skill-based gambling when it comes to risk and I'll choose trading for being in the safe haven so that I'm going to earn with higher chance unlike in skill-based gambling there's always a risk of it though you know what you are doing.

More or less both has the same risk factors in it. Skill based gambling as well trading both needs luck to get rid of the risk and profited. With trading the goodness is the risk reduction capability. With gambling on live move in a fraction of second the odds get changes leaving no marks of managing the loss.
copper member
Activity: 2870
Merit: 1279
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No matter how skillful you are when you gamble you need a great deal of luck too because you can lose everything at a go with a little mistake unlike trading which you can set stop loss and other parameters that will protect you from losing at a certain limit. Do in a nutshell I'd say trading is less risky.
It's almost always based on luck or some others say chance. The chance of probably losing everything or the chance of winning a large amount of money when you bet it. If you are skilled with the game, meaning really skilled, you might just have enough experience to know when to quit because you know what can happen next. It's not just enough that you are skilled, it's also about being experienced.
sr. member
Activity: 686
Merit: 253
No matter how skillful you are when you gamble you need a great deal of luck too because you can lose everything at a go with a little mistake unlike trading which you can set stop loss and other parameters that will protect you from losing at a certain limit. Do in a nutshell I'd say trading is less risky.
sr. member
Activity: 812
Merit: 251
I put them both on the same scale because trading just like skilled gambling requires a lot of or some basic training in order to effect a trade and since they are all probables and somewhat depends on your luck after the skill I think they are the same in terms of risk.
hero member
Activity: 3024
Merit: 680
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Skill-gambling loses. I know that some game can win even before it started, but any time I go the roulette I got no clue what will happen...

Skilled based and trading is the same when it comes to risk and losing chance. But for me, I'll choose skill-based gambling when it comes to risk and I'll choose trading for being in the safe haven so that I'm going to earn with higher chance unlike in skill-based gambling there's always a risk of it though you know what you are doing.
hero member
Activity: 1302
Merit: 540
Trading is more risky because you cannot know everything happening in the market. Skill gambling like poker you know everything before taking a decision and this is less risky. They are both risky and they are not recommended. Usually people who play skill gambling have less losses than the other ones.
your logic will be applied for those who played professionally as skills based gamblers really understand how they will take advantage but likewise inside the trade those who also knew how to read the chart can also earn good profits just by reading the movements.  both have risk but it will be depend to the person that will take its advantage.
hero member
Activity: 798
Merit: 503
I went for I dont know because I cant really seems to separate between the two because both has the skill factor in common and with in play, it makes it difficult to determine which one is more risky but on the other hand, looking at it from a broader view, I still take gambling as more risky because even with the skill, one can still be cheated out by the casino or gambling site...
hero member
Activity: 2996
Merit: 609
Both things have risk involved it's either or skill based gambling or on trading it does really matter to an individual on how they gonna maximize their skills to obtain money into a particular thing and I they saw they are good on skill based gambling they will surely stick to it and would definitely choose it than trading.It depends on the knowledge of a particular person on which of the things he's good at.
hero member
Activity: 812
Merit: 500
I don't think any skill can help you to win in gambling as it is only based on luck and that makes it very risky so if I have to choose between the both then I will give a try to trading after developing skills and getting knowledge by looking at the charts and its less risky in compare to gambling.

We are using skills in gambling, only in sports betting, and it is useful and it work to win the bet, without skills in sports betting we can't win, i don't think so.
But in trading, I agree with you, when we have developed our skills and knowledge about trade, than we take less risk in trading in compare to gambling.
legendary
Activity: 1148
Merit: 1006
Trading is more risky because you cannot know everything happening in the market. Skill gambling like poker you know everything before taking a decision and this is less risky. They are both risky and they are not recommended. Usually people who play skill gambling have less losses than the other ones.

At the moment market is very risky how crashing every day so trading seems more risky because much hard to know what is happening there. Skilled base gambling has some chance to win and poker is looking best option to play. I am agreed with you buddy.

Yes, the skill base games are more profitable if you compare trading. In trading the price of the bitcoin is matter, and now it is not the right time to trade, we see huge price variation in BTC price. So for skill base games, the price does not matter it just depends on your skills on games. Poker and sports betting is the best way to earn money in skill games.
legendary
Activity: 1134
Merit: 1010
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Trading is more risky because you cannot know everything happening in the market. Skill gambling like poker you know everything before taking a decision and this is less risky. They are both risky and they are not recommended. Usually people who play skill gambling have less losses than the other ones.

At the moment market is very risky how crashing every day so trading seems more risky because much hard to know what is happening there. Skilled base gambling has some chance to win and poker is looking best option to play. I am agreed with you buddy.

no matter what you do, gambling will always be gambling and the risk of it is going to be always unpredictable and what you put down vanishes if you lose and you get profit if you win.

but in trading there is no money vanishing. you can sell at lower price to prevent losing everything and good traders already doing it, they sell at a small loss and prevent their money being lost all. and in the end you buy back at the bottom to make that small loss back and then some more profit.

besides if you think market is risky then you can stay away until it is no longer risky and then get back in. or if you are skilled enough you can even make money from that risky market and turn the table around.
hero member
Activity: 1274
Merit: 622
I think both of them have same risk. For starters IMO the skill-based gambling is an illusion in most cases. All the gambling addicts think they have some skills which might help them to make profits but they fail in the long run. Trading is also a field where many people lose their money, and they are losing not because they have no or little experience but because no one can actually predict whether an altcoin will go up or down from a given point.
legendary
Activity: 1750
Merit: 1004
Trading is more risky because you cannot know everything happening in the market. Skill gambling like poker you know everything before taking a decision and this is less risky. They are both risky and they are not recommended. Usually people who play skill gambling have less losses than the other ones.

At the moment market is very risky how crashing every day so trading seems more risky because much hard to know what is happening there. Skilled base gambling has some chance to win and poker is looking best option to play. I am agreed with you buddy.
hero member
Activity: 588
Merit: 500
Trading is more risky because you cannot know everything happening in the market. Skill gambling like poker you know everything before taking a decision and this is less risky. They are both risky and they are not recommended. Usually people who play skill gambling have less losses than the other ones.

I think you are only one person who said that trading is more risky than gambling. Because in my thinking, gambling is more risky than trading. No doubt, every business has take risk, but in gambling i couldn't see high risk. In one bet, we could lose everything and in one bet we earn jackpot. It is depend on our luck and not everyone is lucky one is here.
But about the OP, trading is risky, but if you know how to trade and use your skills, than we could earn more in trading than gambling.
full member
Activity: 476
Merit: 100
Skill-gambling loses. I know that some game can win even before it started, but any time I go the roulette I got no clue what will happen...
hero member
Activity: 966
Merit: 515
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I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.
Ofcourse skilled based gambling , Because we need Everytime new stretagy and trick to start gambling .
So here it is more better to have skilled trading . Here everyone knows that usually the most chances to get profit is about double in gambling which is also same in the altcoins trading or even more profitable .
So instead of taking risk in the gambling  go for the trading Cool
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