Which one is more risky? Skill-based gambling or trading? - page 27.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: Jemzx00 on November 20, 2016, 11:50:58 AM

Both of them has different risk to it. But for me I think trading has less risk than skill based gambling since trading isn't that hard since you'll only need less bitcoin than on gambling.

I think the question here is not about the money involved but the risk factor of the two different specimen, The skill based game or trading. and in my opinion they have the same level of risk but in different platform. The risk factor of this two can be minimize or mitigated by experience, research, datas, and strategy (skills). I think both stuff, skill based gambling and trading risk can minimize by the thing i mentioned.

MWesterweele

hero member

Activity: 1372

Merit: 564

Both them are taking risk market are always manipulated by big traders and in gambling they can manipulate it too when you are not going to analyse the market then you will lose your money or bitcoin same as gambling is not really skill based in gambling its luck you will need to win profits there.

serjent05

legendary

Activity: 2884

Merit: 1258

Up to 300% + 200 FS deposit bonuses

Quote from: Doamader on November 20, 2016, 11:18:27 AM

Online pocker will always be a question of lucky, if i get the cards to win you can do whatever you wanna that i will win anyway, considering you are exposing your money into gambling on both ways, both has a risk, the lower is the trading, since you can be loosing 70% of the coin value and you can sell your coins, while gambling if you loose its full ammount, the only difference.

I think you can set your bet amount in gambling, same way when you set your buy support for a coin. I think they have almost the same kind of risk because of the almost the same kind of how you can manage to minimize your loses. Remember it is a skilled based game, not a luck/chance game. Even if you have a very good card in hand, you can still be played by a professional poker player into thinking that he has the same or better card as you. Thanks to art of bluffing lol. Same way in trading where you read charts, datas and checking buy and sell walls, researching the item economy and all. You are still predicting something that hasnt happened yet. So you might be wrong or right who knows.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: clickerz on November 19, 2016, 11:35:59 AM

Quote from: n0ne on November 19, 2016, 07:04:27 AM

Both the methods of earning has got risk, but the risk factor increases when the greediness increase. On skill based gambling when users bet based on greediness the possibility of losing increases. Same when user tries with increased profit margin, selling is not possible in a short which too might ends in loss based upon price fluctuation.

Agreem and this greediness factor makes the gambler fall. If h can not control is emotions, chasing the win might end up more monet to be lose. While in trading could be the same. Just control also your emotions, weak heart also make you lose. You see prices are falling,you are on panic. Stay calm and think for strategy.

Yes, both are having the same risk, In Trading, we need more knowledge and patience, because the profit depends on market price and with whom we will do trading. And in skill base games we have to be excellent in all skill games. The sports betting and poker game these games skill games. But in any format of the game, we need the luck to make a profit.

Jemzx00

hero member

Activity: 1484

Merit: 547

Pugs are the best!

Both of them has different risk to it. But for me I think trading has less risk than skill based gambling since trading isn't that hard since you'll only need less bitcoin than on gambling.

shintosai

hero member

Activity: 756

Merit: 500

Quote from: Doamader on November 20, 2016, 11:18:27 AM

Online pocker will always be a question of lucky, if i get the cards to win you can do whatever you wanna that i will win anyway, considering you are exposing your money into gambling on both ways, both has a risk, the lower is the trading, since you can be loosing 70% of the coin value and you can sell your coins, while gambling if you loose its full ammount, the only difference.

that's right inside trading you can place your expected losing amount and you can also place if how big you wanted to earn with skill base gambling you cant control even you are already winning chances to lose is still there and controlling your emotion really affects how you deal with your fate its better to go with trade and learn deeper to profit much bigger.

Doamader

hero member

Activity: 756

Merit: 501

Online pocker will always be a question of lucky, if i get the cards to win you can do whatever you wanna that i will win anyway, considering you are exposing your money into gambling on both ways, both has a risk, the lower is the trading, since you can be loosing 70% of the coin value and you can sell your coins, while gambling if you loose its full ammount, the only difference.

Daffadile

hero member

Activity: 1162

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Quote from: xuan87 on November 19, 2016, 07:31:06 AM

both of them are risky things but for me the one that has more risk is trading, because in trading within a single rumor it can make the price into volatile mode, and in skill base gambling like poker the one that determine you win or not is your skill not anybody else and I am more confident in sportbetting rather than predicting in trading

Lol... Ah you make me lol.

Have you ever played poker ? It is not just skill alot of it is luck but you can "guide" that luck and also everyone is in the same boat with that luck. Trading you can learn and the more you have the easier it is to make more and control the market. You cannot control anything with poker no matter what you say.

sportis

sr. member

Activity: 406

Merit: 252

Veni, Vidi, Vici

I can not believe that owners of the casino, real or online, have determine to lose even from the most experienced players. Casino profits are always temporal and most winners always return considering that luck will always be with them. On the contrary, calm and well informed traders have the opportunity to make a profit on a monthly basis.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: n0ne on November 19, 2016, 07:04:27 AM

Both the methods of earning has got risk, but the risk factor increases when the greediness increase. On skill based gambling when users bet based on greediness the possibility of losing increases. Same when user tries with increased profit margin, selling is not possible in a short which too might ends in loss based upon price fluctuation.

Agreem and this greediness factor makes the gambler fall. If h can not control is emotions, chasing the win might end up more monet to be lose. While in trading could be the same. Just control also your emotions, weak heart also make you lose. You see prices are falling,you are on panic. Stay calm and think for strategy.

doomistake

hero member

Activity: 1400

Merit: 571

For me the one that have more risky is the skill-based gambling because you don't know when will be the time that you are going to win and when will be the time that you are going to lose. Unlike in Trading, if you are not new in Trading and you have been doing Trading for almost a year or more, then it would be hard to someone to scam you.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: toy4lov3rs on November 19, 2016, 09:51:42 AM

Quote from: BTCLovingDude on November 19, 2016, 09:44:20 AM

Quote from: ABCbits on October 27, 2016, 11:48:35 AM

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.

it all depends on many different things for example if you are really good at one of these skill based gambling like the poker that you mentioned here, then you have a lot better result (less risk) than trading if you don't know trading.

and when i say you should be really good, i mean you should have been playing poker for years, and you should be considered an expert first and then you start having less risk.

but for regular players and regular traders the risks are the same an they are high!

I agree with this guy to an extent. I think that being an experienced Poker player or Trader is important to lessening the risk at each individually. But honestly if you are good at trading and managing your money, you will be solid at Poker. They use the same skill set and mind set to make money. Poker is all about deceit and cunning, not revealing what your hand holds, same as trading. If everyone knows your trade is not worth, they won't make it. Outplay for profit, extremely similar.

What are you thinking on saying poker and trading are similar? They are not similar in any way hence poker is too far away on trading when it comes to knowledge you need , I dont know why you said such thing. Skill based gambling and trading do have similarities but its only just on the risk involve but in the potential of making profits they do really differ.

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

Quote from: toy4lov3rs on November 19, 2016, 09:51:42 AM

Quote from: BTCLovingDude on November 19, 2016, 09:44:20 AM

Quote from: ABCbits on October 27, 2016, 11:48:35 AM

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.

it all depends on many different things for example if you are really good at one of these skill based gambling like the poker that you mentioned here, then you have a lot better result (less risk) than trading if you don't know trading.

and when i say you should be really good, i mean you should have been playing poker for years, and you should be considered an expert first and then you start having less risk.

but for regular players and regular traders the risks are the same an they are high!

I agree with this guy to an extent. I think that being an experienced Poker player or Trader is important to lessening the risk at each individually. But honestly if you are good at trading and managing your money, you will be solid at Poker. They use the same skill set and mind set to make money. Poker is all about deceit and cunning, not revealing what your hand holds, same as trading. If everyone knows your trade is not worth, they won't make it. Outplay for profit, extremely similar.

how is these two the same thing?
you say it yourself Poker is all about deceit and cunning, and remember that when you play poker you are playing against a couple of other humans (a handful) and you only have to do the cunning there.

but when you are trading, you are only a fish in a sea of thousands and in bigger markets even millions of traders and lots of different things that can affect the market. so how can you use cunning in a market which is a couple of billions of dollars big?
i mean yeah you can use deceit in a shitcoin market which has a $1000 market cap but not in a real trading market.

toy4lov3rs

sr. member

Activity: 375

Merit: 250

Quote from: BTCLovingDude on November 19, 2016, 09:44:20 AM

Quote from: ABCbits on October 27, 2016, 11:48:35 AM

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.

it all depends on many different things for example if you are really good at one of these skill based gambling like the poker that you mentioned here, then you have a lot better result (less risk) than trading if you don't know trading.

and when i say you should be really good, i mean you should have been playing poker for years, and you should be considered an expert first and then you start having less risk.

but for regular players and regular traders the risks are the same an they are high!

I agree with this guy to an extent. I think that being an experienced Poker player or Trader is important to lessening the risk at each individually. But honestly if you are good at trading and managing your money, you will be solid at Poker. They use the same skill set and mind set to make money. Poker is all about deceit and cunning, not revealing what your hand holds, same as trading. If everyone knows your trade is not worth, they won't make it. Outplay for profit, extremely similar.

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

Quote from: ABCbits on October 27, 2016, 11:48:35 AM

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.

it all depends on many different things for example if you are really good at one of these skill based gambling like the poker that you mentioned here, then you have a lot better result (less risk) than trading if you don't know trading.

and when i say you should be really good, i mean you should have been playing poker for years, and you should be considered an expert first and then you start having less risk.

but for regular players and regular traders the risks are the same an they are high!

chixka000

hero member

Activity: 910

Merit: 500

Both is risky, for equally. But still if you try to consider things then you could probably say that gambling is a bit much more risky than trading. An example of this is if gambling is not always legal and for me that sump's up to the % of risk level that gambling have.

btcdevil

legendary

Activity: 1302

Merit: 1027

Quote from: ABCbits on October 27, 2016, 11:48:35 AM

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.

What you said is true because both are manipulated but in sportsbook you can atleast analyses and play on bets on safer side and in poker if you can read the opponent mind and strategy then you can also earn in this gambling but if you are playing against the house or site then it is waste to play as you will surely lose it. In trading also if you have patience and keep full detail about the coin then you can also earn in trading and take profit in short term which will give more ROI in long term

xuan87

legendary

Activity: 1666

Merit: 1001

both of them are risky things but for me the one that has more risk is trading, because in trading within a single rumor it can make the price into volatile mode, and in skill base gambling like poker the one that determine you win or not is your skill not anybody else and I am more confident in sportbetting rather than predicting in trading

20kevin20

legendary

Activity: 1134

Merit: 1598

Quote from: saiha on November 19, 2016, 06:03:58 AM

Quote from: arseaboy on November 18, 2016, 11:25:08 AM

Quote from: saiha on November 18, 2016, 08:27:55 AM

Quote from: michellee on November 18, 2016, 03:34:05 AM

i think both have the same risky but you are not explain in trading, professional trading or just trading like others people which have new comer until middle skill? but if for trading you make for new comer person, then trading is more risky than skill-based gambling.

Second the motion, whether it is skill-based gambling or trading it will be just the same when it comes to the risk that we are taking.

Because trading is also a skill-based type of investment so that will make it a tie. And the only gambling game which is pure skill-based is sports betting.

Even you have good analyzing with the involved teams and matches still that is risky for we are not assured who will win that game.

I agree.. skill-based gambling and trading are both risky because there's always a money at stake and you have to predict what will be the outcome. But skill-based gambling like sports betting have more chance for you to win if you're really good at the game and know to analyze it the chances of winning is higher than doing it in trading.

It depends on where you are more skilled when it comes to in profiting for both of it. Because there people who manage to earn good for both ways.

And there are people who manage to make their profit from trading to be used in sports betting.

So the more risk you will take the higher possibility that you will earn.

The higher risk there is, the higher possibility of LOSING is actually. Because it's enough just once to lose and you're going to become greedy and will keep on betting until you get your lost money back AND profit. They're both as risky, but if you know how to play then you're going to be fine with it.

n0ne

hero member

Activity: 2618

Merit: 548

SecureShift.io | Crypto-Exchange

Quote from: saiha on November 19, 2016, 06:03:58 AM

Quote from: arseaboy on November 18, 2016, 11:25:08 AM

Quote from: saiha on November 18, 2016, 08:27:55 AM

Quote from: michellee on November 18, 2016, 03:34:05 AM

i think both have the same risky but you are not explain in trading, professional trading or just trading like others people which have new comer until middle skill? but if for trading you make for new comer person, then trading is more risky than skill-based gambling.

Second the motion, whether it is skill-based gambling or trading it will be just the same when it comes to the risk that we are taking.

Because trading is also a skill-based type of investment so that will make it a tie. And the only gambling game which is pure skill-based is sports betting.

Even you have good analyzing with the involved teams and matches still that is risky for we are not assured who will win that game.

I agree.. skill-based gambling and trading are both risky because there's always a money at stake and you have to predict what will be the outcome. But skill-based gambling like sports betting have more chance for you to win if you're really good at the game and know to analyze it the chances of winning is higher than doing it in trading.

It depends on where you are more skilled when it comes to in profiting for both of it. Because there people who manage to earn good for both ways.

And there are people who manage to make their profit from trading to be used in sports betting.

So the more risk you will take the higher possibility that you will earn.

Both the methods of earning has got risk, but the risk factor increases when the greediness increase. On skill based gambling when users bet based on greediness the possibility of losing increases. Same when user tries with increased profit margin, selling is not possible in a short which too might ends in loss based upon price fluctuation.

Topic: Which one is more risky? Skill-based gambling or trading? - page 27. (Read 9532 times)