Which one is more risky? Skill-based gambling or trading? - page 6.

jostorres

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Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

If anyone is to compare between the risks of these possible methods of earning then obviously I would favor trading over gambling. This is totally a nonsense talk that anything like skill based gambling really exists. Gambling is totally luck thing and trading is somewhat that is experience based and one could excel the method via some practical applications and learning gradually the basic techniques to make a profit out of it.

PokerFace3

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Quote from: JL421 on November 10, 2017, 12:12:45 PM

sport betting has evolved overtime the odds have changed and many new features have been introduced which limits profits and many other things for the user. trading allows you to get more profit

Trading always have been profitable from every aspect. You can’t find any loophole or wrong in this stamen.
Actually even it is betting or gambling properly, there is no skill. Whosesoever tells about skill in these games, he is just making you foolish. So don’t listen them, only luck matters when you are indulged in these two harmful games. So trading is much better and it profits you most of the times.

You may choose skill based gambling or trading because trading is some what similar to skill based gambling. There you can find easy ways to make yourself profitable.

justdimin

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Quote from: bitllionaire on November 08, 2017, 01:09:21 PM

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.

I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

JL421

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Quote from: harizen on June 27, 2017, 01:07:36 PM

Quote from: JL421 on June 27, 2017, 12:56:27 PM

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.

sport betting has evolved overtime the odds have changed and many new features have been introduced which limits profits and many other things for the user. trading allows you to get more profit

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Quote from: vv181 on November 08, 2017, 04:13:45 AM

Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

Well I agree they both have equal amount of risk, but what I don't understand is your statement about trading, in my opinion trading require a lot of practice and training without that everything is useless, even though you follow other people trading plan in the end you gonna end up losing money because you didn't have experience with it.

I agree on the part that trading requires a lot of practice and research and of course thorough experience to be able to effectively trade and earn profit. What I do not agree is the thing that trading and skill based gambling have the same risk. The fact that trading risk can be mitigate or nullify is enough to say that these two have different kinds of risk level. How can be the one where risk cannot be mitigated be the same with the risk that can be mitigated or nullified?

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Quote from: Bezobraznike on November 09, 2017, 04:24:09 PM

Quote from: bhadz on November 09, 2017, 11:55:47 AM

Quote from: supermine on November 08, 2017, 11:29:18 PM

I think the skill-based gambling is more risky because the gambling is mainly based on the luck the skill is just a little part but it don't give any assured win so we just have to rely on the skills if we lose we can do nothing about it.But in trading if we have good trading skill the risk will be lesser and we can have more profits in the trading too.

Since there is no luck-based choice I will agree that skill based gambling is riskier than trading. There is a better way of trading and that's what we have been doing with bitcoin,we can just keep on holding our bitcoin and nothing will happen in the end with that risk. And the risk is worth to take by doing nothing because results are very well good and the price is keep on pumping.

I disagree with both of you.
Supermine more you know about something, more skilled you are
risk is lower. Trading, sports betting, or poker can be compared, all
three require skills if you wish to be successful.
Bhadz what you doing is holding not trading, you investing in asset
that will cost more in the future, your plan is to pick up that profit when
time comes.
Trading have more risks then skill based gambling games in my opinion.
For trading like in sports betting you need to be informed, and it is much
easier to get information about sports than for crypto-currencies.
Manipulation, there are manipulations in sport results, but in crypto-world
there are many more.

You are entitled with your opinion if you are disagreeing to the both of us. We do know that the risk will be lowered if you are skilled and what I said was that comparing your skill trading to skill gambling. And it's obvious which of the two is risky. If you think that skill based gambling games is not as risky as trading and you consider that your skills in gambling is much possible to rake win, then so be it.

Bezobraznike

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Quote from: bhadz on November 09, 2017, 11:55:47 AM

Quote from: supermine on November 08, 2017, 11:29:18 PM

I think the skill-based gambling is more risky because the gambling is mainly based on the luck the skill is just a little part but it don't give any assured win so we just have to rely on the skills if we lose we can do nothing about it.But in trading if we have good trading skill the risk will be lesser and we can have more profits in the trading too.

Since there is no luck-based choice I will agree that skill based gambling is riskier than trading. There is a better way of trading and that's what we have been doing with bitcoin,we can just keep on holding our bitcoin and nothing will happen in the end with that risk. And the risk is worth to take by doing nothing because results are very well good and the price is keep on pumping.

I disagree with both of you.
Supermine more you know about something, more skilled you are
risk is lower. Trading, sports betting, or poker can be compared, all
three require skills if you wish to be successful.
Bhadz what you doing is holding not trading, you investing in asset
that will cost more in the future, your plan is to pick up that profit when
time comes.
Trading have more risks then skill based gambling games in my opinion.
For trading like in sports betting you need to be informed, and it is much
easier to get information about sports than for crypto-currencies.
Manipulation, there are manipulations in sport results, but in crypto-world
there are many more.

bhadz

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Quote from: supermine on November 08, 2017, 11:29:18 PM

I think the skill-based gambling is more risky because the gambling is mainly based on the luck the skill is just a little part but it don't give any assured win so we just have to rely on the skills if we lose we can do nothing about it.But in trading if we have good trading skill the risk will be lesser and we can have more profits in the trading too.

Since there is no luck-based choice I will agree that skill based gambling is riskier than trading. There is a better way of trading and that's what we have been doing with bitcoin,we can just keep on holding our bitcoin and nothing will happen in the end with that risk. And the risk is worth to take by doing nothing because results are very well good and the price is keep on pumping.

shintosai

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Quote from: daringdiscovered on November 09, 2017, 06:27:55 AM

Quote from: gabmen on November 08, 2017, 09:32:13 PM

Quote from: poplolnman on November 08, 2017, 06:44:17 PM

Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

lol it's not , here the simplest example you wager 1 bitcoin in trading in the worst scenario the price dropped 40% , means you only lost 0.4 bitcoin. and now when you wager 1 bitcoin on a game like blackjack the worst scenario you lost and it's the whole 1 bitcoin! that's clear enough for you to understand that trading and gambling has not an equal risk? i hope you get educated with this Wink

.

Blackjack is by far not a skill based gambling game though. Of course if you base it from luck based gambling games like blackjack, the difference would be large. Skill based gambling though like poker and sports bet aren't like that because the preparations and experience you have will highly affect the outcome, so its quite similar to trading.

I disagree, gambling and trading have a very big difference, let me explain it. Gambling is an addicting game, especially if you are winning, you are enjoying and starting to think that you are lucky, but you are not, it is just a bait for you to be addicted on it, gambling is always about losing if you are not lucky on it while Trading is a very safe way to earn money, just randomly buy some tokens and you could guarantee yourself that you could have profits in the long run.

just be very keen in finding those quality project that will allow you to grow your investment the risk will be the same if you invest with pumped and dumped project but if you select those good ones then all you have to do is just wait for the right time then sell it out bringing profits to your wallet.

daringdiscovered

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Quote from: gabmen on November 08, 2017, 09:32:13 PM

Quote from: poplolnman on November 08, 2017, 06:44:17 PM

Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

lol it's not , here the simplest example you wager 1 bitcoin in trading in the worst scenario the price dropped 40% , means you only lost 0.4 bitcoin. and now when you wager 1 bitcoin on a game like blackjack the worst scenario you lost and it's the whole 1 bitcoin! that's clear enough for you to understand that trading and gambling has not an equal risk? i hope you get educated with this Wink

.

Blackjack is by far not a skill based gambling game though. Of course if you base it from luck based gambling games like blackjack, the difference would be large. Skill based gambling though like poker and sports bet aren't like that because the preparations and experience you have will highly affect the outcome, so its quite similar to trading.

I disagree, gambling and trading have a very big difference, let me explain it. Gambling is an addicting game, especially if you are winning, you are enjoying and starting to think that you are lucky, but you are not, it is just a bait for you to be addicted on it, gambling is always about losing if you are not lucky on it while Trading is a very safe way to earn money, just randomly buy some tokens and you could guarantee yourself that you could have profits in the long run.

kodes88

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Quote from: supermine on November 08, 2017, 11:29:18 PM

I think the skill-based gambling is more risky because the gambling is mainly based on the luck the skill is just a little part but it don't give any assured win so we just have to rely on the skills if we lose we can do nothing about it.But in trading if we have good trading skill the risk will be lesser and we can have more profits in the trading too.

Basically, gambling is more dependent on luck and trading is more dependent on skill. So the answer is very clear, skill based on gambling is more risky. Because skill is not so necessary in gambling, the main determinant still luck. And trading is very dependent on skill, so if we have good skill then risk will decrease.

Protected101

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Quote from: ABCbits on October 27, 2016, 10:48:35 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.

Gambling is based on luck if we win on it.Gambling and trading are both risky because we do not know their skills and it depends on the gambler to assured winning on it, and if they have enough money to loose.Those gambler who are experts in playing gambling has a higher risk than trading ,compare in trading which we can invest in the future

jamids

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Quote from: PagSure on November 08, 2017, 11:05:50 PM

For me both gambling and trading is risky but Skilled-Based Gambling is more risky than trading because if you lose your money you won't be getting it back so if you had a bad bet then its consider gone with trading you can still hold your loses for as long as you don't click the sell button.

I agree with you. Both are risky but the edge of trading over skill-based gambling is that in trading you can still have a chance of not losing if you just hold on to it until such time when it reach your target price or at least break-even but in skill-based gambling, once you put your money then there is no turning back and if you lose then you lose it all. I started first in gambling trying to earn more bitcoin but then I realized that when I gamble there is no chance if I lose but in trading, there is still a chance to profit even if it takes a long time as long as I hold on.

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Quote from: supermine on November 08, 2017, 11:29:18 PM

I think the skill-based gambling is more risky because the gambling is mainly based on the luck the skill is just a little part but it don't give any assured win so we just have to rely on the skills if we lose we can do nothing about it.But in trading if we have good trading skill the risk will be lesser and we can have more profits in the trading too.

Definitely but that still depend on a certain gambler, there are gambler who are good enough that can make money in the long term because of their skills and I think it's possible in poker and sports betting so I would say both are possible ways of making money although they are both risky.
If you love what you are doing then for sure you have a good chance you will succeed, whether it's trading or gambling, what you have to do is to focus only and give more time to continually educate yourself to improve.

supermine

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I think the skill-based gambling is more risky because the gambling is mainly based on the luck the skill is just a little part but it don't give any assured win so we just have to rely on the skills if we lose we can do nothing about it.But in trading if we have good trading skill the risk will be lesser and we can have more profits in the trading too.

noormcs5

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Quote from: PagSure on November 08, 2017, 11:05:50 PM

For me both gambling and trading is risky but Skilled-Based Gambling is more risky than trading because if you lose your money you won't be getting it back so if you had a bad bet then its consider gone with trading you can still hold your loses for as long as you don't click the sell button.

Accepted, both are risky, but in one of them have less risk and one of them have more risk. But if you talk about skilled based gambling, then it mean, which i understand sports betting and poker, so here you could use your skills like you are using your skills in trading, then nearly both have same risk.
If we try then we could win the bet like trading. But other games of gambling, i will never compare gambling with trading, then of course trading is so much better than gambling, but for me, skilled based gambling has same risk like trading.

PagSure

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For me both gambling and trading is risky but Skilled-Based Gambling is more risky than trading because if you lose your money you won't be getting it back so if you had a bad bet then its consider gone with trading you can still hold your loses for as long as you don't click the sell button.

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Quote from: gabmen on November 08, 2017, 09:32:13 PM

Quote from: poplolnman on November 08, 2017, 06:44:17 PM

Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

lol it's not , here the simplest example you wager 1 bitcoin in trading in the worst scenario the price dropped 40% , means you only lost 0.4 bitcoin. and now when you wager 1 bitcoin on a game like blackjack the worst scenario you lost and it's the whole 1 bitcoin! that's clear enough for you to understand that trading and gambling has not an equal risk? i hope you get educated with this Wink

.

Blackjack is by far not a skill based gambling game though. Of course if you base it from luck based gambling games like blackjack, the difference would be large. Skill based gambling though like poker and sports bet aren't like that because the preparations and experience you have will highly affect the outcome, so its quite similar to trading.

Same opinion which blackjack cant really be considered on skill-based not like on poker or sports games. When we do compare the level or risk of skill-based and pure luck based then we can able to identify out specially when we do experience both fields. Risk would really be lessen on those skill based games because as the time goes by on playing or engaging on it you would really get an idea and experience and knowledge which you can used on your future games.

gabmen

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Quote from: poplolnman on November 08, 2017, 06:44:17 PM

Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

lol it's not , here the simplest example you wager 1 bitcoin in trading in the worst scenario the price dropped 40% , means you only lost 0.4 bitcoin. and now when you wager 1 bitcoin on a game like blackjack the worst scenario you lost and it's the whole 1 bitcoin! that's clear enough for you to understand that trading and gambling has not an equal risk? i hope you get educated with this Wink

.

Blackjack is by far not a skill based gambling game though. Of course if you base it from luck based gambling games like blackjack, the difference would be large. Skill based gambling though like poker and sports bet aren't like that because the preparations and experience you have will highly affect the outcome, so its quite similar to trading.

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Quote from: Kiweikoo on November 07, 2017, 07:26:52 AM

Quote from: 2hot2handle on October 30, 2017, 10:38:22 PM

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.

I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.

lol it's not , here the simplest example you wager 1 bitcoin in trading in the worst scenario the price dropped 40% , means you only lost 0.4 bitcoin. and now when you wager 1 bitcoin on a game like blackjack the worst scenario you lost and it's the whole 1 bitcoin! that's clear enough for you to understand that trading and gambling has not an equal risk? i hope you get educated with this Wink

.

Topic: Which one is more risky? Skill-based gambling or trading? - page 6. (Read 9561 times)