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Economy => Gambling discussion => Topic started by: Zarfund on June 30, 2022, 04:09:44 PM



Title: Gambling and MLM Schemes
Post by: Zarfund on June 30, 2022, 04:09:44 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?


Title: Re: Gambling and MLM Schemes
Post by: Oshosondy on June 30, 2022, 06:21:16 PM
What are you bringing up? Multi-level marketing is totally different from gambling. Some organizations legitimately use Multi-level marketing to sell a product, it is also different from pyramid scheme because in pyramidal scheme, no real product is sold. In gambling, you can use what you can afford to lose to gamble, mind yourself not to get addicted also.


Title: Re: Gambling and MLM Schemes
Post by: fiulpro on June 30, 2022, 06:54:50 PM
What do you even mean by that I don't understand it. People don't always loose in those schemes and the gambling as well, some of them are able to win a lot of money look here for some gambling wins :  https://www.google.com/amp/s/hrnews.co.uk/the-biggest-casino-wins-of-all-time/amp/ (https://www.google.com/amp/s/hrnews.co.uk/the-biggest-casino-wins-of-all-time/amp/)

Also multilevel marketing does help some people a lot as well, the success is a bit tricky but if you can do it! I know loads of people who are trying to work in a MLM Company and still making some decent amount. https://www.thebalancesmb.com/the-likelihood-of-mlm-success-1794500 (https://www.thebalancesmb.com/the-likelihood-of-mlm-success-1794500)
Their revenues are very good as well for some companies and it all depends on which company you want to invest in and how you go about the investments. Some of them are passive as well and who knows ? They are totally different worlds. You need to read a bit about them.

One in entertainment and the other one is a weird scheme profiting the rich and the shareholders of the huge companies.


Title: Re: Gambling and MLM Schemes
Post by: ryzaadit on June 30, 2022, 06:54:56 PM
Huh? did you even know-how is the work of MLM Scheme.

MLM Shchem/Ponzi is pay the old investment from new investment until they cannot gain more members and not cannot pay anymore. Gambling statistic why we have more loses, because most the time is from psychology.

In good section (win situation), you're gonna try to gain more and then run out your luck and make you're losing.  In losing section, people trying to deposit more and recovery the lost but they're getting more loses.

If you don't want to lose anything, don't gamble.


Title: Re: Gambling and MLM Schemes
Post by: aioc on June 30, 2022, 09:52:19 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

On gambling, you are guaranteed to lose, on MLM if you have a good organization and you are promoting a good and legit product you can make a profit the only way you can lose from MLM is if you are lazy to recruit people, there are still good MLM companies and they are license, a legit MLM should be focused on their products and services making money out of their profit plan is just a perk for actively promoting the product or services.


Title: Re: Gambling and MLM Schemes
Post by: Fatunad on June 30, 2022, 09:59:45 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

On gambling, you are guaranteed to lose, on MLM if you have a good organization and you are promoting a good and legit product you can make a profit the only way you can lose from MLM is if you are lazy to recruit people, there are still good MLM companies and they are license, a legit MLM should be focused on their products and services making money out of their profit plan is just a perk for actively promoting the product or services.
MLM does have that kind of ponzi-like kind of structure on which we know that there are invitation from new members who do need to sell out products or services or something like that
which its true that there are still some long time running MLM businesses now which i dont really consider for it to be connected with gambling but rather a risk
for those who do tend to join on it.Gambling is not a business kind of thing for those people who are tending to engage which isnt something that comparable for making
decisions for someone who do have plans on making out some business through these companies.


Title: Re: Gambling and MLM Schemes
Post by: harizen on June 30, 2022, 10:29:07 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Of course not. While most of the time, losing might be the end result, it does not make sense to compare the usual gambling to MLM schemes.

To prevent further spoonfeeding, I suggest searching what MLM schemes look like. Here are some articles you can read on:

https://www.investopedia.com/terms/m/multi-level-marketing.asp
https://en.wikipedia.org/wiki/Multi-level_marketing


Come back here after reading those and try to answer now by yourself if gambling and MLM schemes are quite the same.


Title: Re: Gambling and MLM Schemes
Post by: ultrloa on June 30, 2022, 10:38:17 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

On MLM they promise you to earn while in gambling they offer entertainment and never promise any wealth it's just people look after to get rich upon betting because their are success stories about getting rich when hitting the jackpot.

Also MLM is different model and its incomparable with gambling because there's more high risk that we lose our money on MLM rather than playing gambling.


Title: Re: Gambling and MLM Schemes
Post by: Saisher on June 30, 2022, 10:56:08 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Of course not. While most of the time, losing might be the end result, it does not make sense to compare the usual gambling to MLM schemes.

To prevent further spoonfeeding, I suggest searching what MLM schemes look like. Here are some articles you can read on:

https://www.investopedia.com/terms/m/multi-level-marketing.asp
https://en.wikipedia.org/wiki/Multi-level_marketing


Come back here after reading those and try to answer now by yourself if gambling and MLM schemes are quite the same.


I also don't see the comparison, on gambling you lose your money on MLM you may lose money but you have their products or have availed of their service, I have joined two MLM in the past and I don't regret joining them, it's a learning experience for me there are also bad sides like recruiting people and getting a percentage on their purchases but that's the whole concept of MLM, instead of paying celebrities or influencers they prefer recruiting people and getting a percentage on their purchase.
I have seen popular products that are based on MLM.


Title: Re: Gambling and MLM Schemes
Post by: Rruchi man on June 30, 2022, 10:57:29 PM
First off OP, your choice of username reminds me a ponzi scheme I got involved in some time ago with the exact name "zarfund", and funny enough you already have some negative trust.
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
People say a lot of things you have to be careful who you listen to, as for the drawing similarity, people sometimes may choose to see a relationship between two things when there is no really real relationship. If you analyse to see the difference between MLM and gambling you find out that there are a lot of differences, that just a few similarities is not enough to say they are alike.


Title: Re: Gambling and MLM Schemes
Post by: Yogee on June 30, 2022, 10:59:19 PM
You should have asked the person you heard this from to explain what he means. It's really a bad comparison as already pointed out by other people above. One is paying for fun while the other is for investment. The only similarity between the two types of business I could think of right now is that they both need new customers or users to stay in the industry they belong.


Title: Re: Gambling and MLM Schemes
Post by: passwordnow on June 30, 2022, 11:31:15 PM
They are totally different, where have you heard that gambling is the same MLM scheme? Because of the referrals? That's not how it goes and it's just an incentive for the casinos that has a referral program.
In MLM, you earn actually on referring someone and selling products to other customers. While in gambling, you gamble and you have no idea if you'll win or lose for that day.


Title: Re: Gambling and MLM Schemes
Post by: agustina2 on June 30, 2022, 11:50:34 PM
On gambling, you are guaranteed to lose,

Not true in most cases. Maybe at casino games that need pure luck but gambling isn't just about luck.

If that's your status then stopped doing gambling as it's not for you. A guaranteed loss in gambling is the worst mindset.

Stay away from gambling if that's your mindset.

on MLM if you have a good organization and you are promoting a good and legit product you can make a profit the only way you can lose from MLM is if you are lazy to recruit people, there are still good MLM companies and they are license, a legit MLM should be focused on their products and services making money out of their profit plan is just a perk for actively promoting the product or services.

But in most cases, MLM is focused on referral programs and not on the product.

They are promoting aggressively the gains that users can get thru the referral programs instead of focusing on the benefits of the product.

That's why MLM is even worst than gambling.


Title: Re: Gambling and MLM Schemes
Post by: gunhell16 on July 01, 2022, 05:35:31 AM
Let me give you first their differences dude through their definition.

What is MLM(Multi-level Marketing?

Quote
Multilevel marketing (MLM) is a business model that involves unsalaried, hierarchical sales teams selling products directly to consumers in conjunction with recruiting additional company sales representatives. Multilevel marketing may also be referred to as referral marketing or network marketing.
Source: https://www.techtarget.com/whatis/definition/multi-level-marketing

What is Gambling?

Quote
gambling, the betting or staking of something of value, with consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or have an unexpected result by reason of the bettor’s miscalculation
Source: https://www.britannica.com/topic/gambling

Maybe at least you will know the correct answer you have today's question after reading the definition of MLM and Gambling. Hope this helps no matter how you made this topic.



Title: Re: Gambling and MLM Schemes
Post by: Beparanf on July 01, 2022, 06:03:08 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Somehow there’s a facts in your argument which most of the users here don’t understand since they are itching when they see the MLM word. The truth is there’s nothing wrong on argument that you brought up since MLM is favorite to use by scammer but MLM in general is not bad because it’s just marketing scheme.

Anyway, Yes both of them will lead you to losses if you didn’t dyor properly on how to play well on both money making activities. What I don’t understand here is the objective on determining whether is true or false. :D


Title: Re: Gambling and MLM Schemes
Post by: Maus0728 on July 01, 2022, 06:04:20 AM
Here is an excellent article on MLM, where their main selling point is their people rather than the actual product they are attempting to sell to the general public.

- https://bitcointalk.org/index.php?topic=5116935.0

Also, you can't easily call a service an MLM just because at some point they lose their hard - earned money. In fact, losing is inevitable in every other business niche that has risk associated with it. Okay?


Title: Re: Gambling and MLM Schemes
Post by: kamvreto on July 01, 2022, 06:21:39 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Somehow there’s a facts in your argument which most of the users here don’t understand since they are itching when they see the MLM word. The truth is there’s nothing wrong on argument that you brought up since MLM is favorite to use by scammer but MLM in general is not bad because it’s just marketing scheme.
The MLM scheme in general is currently very bad for those who are victims of Multi Level Marketing. Those at the top level are greatly benefited. MLM is not just an ordinary market scheme, but there are a lot of dirty games in it. Cheating new members for their own benefit and so on.

Anyway, Yes both of them will lead you to losses if you didn’t dyor properly on how to play well on both money making activities. What I don’t understand here is the objective on determining whether is true or false. :D
Both will indeed lead to losses, but losses in MLM will not be controlled. Unlike gambling, losses are caused by themselves and there is no coercion from others.


Title: Re: Gambling and MLM Schemes
Post by: Oshosondy on July 01, 2022, 08:08:31 AM
The MLM scheme in general is currently very bad for those who are victims of Multi Level Marketing. Those at the top level are greatly benefited. MLM is not just an ordinary market scheme, but there are a lot of dirty games in it. Cheating new members for their own benefit and so on.
I do not quite understand the kind of dirty games in multi-level marketing, can you explain about that. In multi-level marketing, it is not like ponzi or pyramidal scheme which I mentioned above, those hyip, ponzi, pyramidal and other promising high yield return on investment schemes are not the same as multi-level marketing. If comparing multi-level marketing, that means you only just want to compare legit business, normally all business are risky. But if talking about dirty games, that means it should be a ponzi, pyramidal scheme or other hyip, do not get it confused.

Both will indeed lead to losses, but losses in MLM will not be controlled. Unlike gambling, losses are caused by themselves and there is no coercion from others.
Business have risks, but gambling is far riskier than multi-level marketing if the multi-level marketing is legit. Even gambling is not related to business unless you are the owner the gambling platform.


Title: Re: Gambling and MLM Schemes
Post by: ipanks on July 01, 2022, 08:17:54 AM
Maybe there is a point because MLM invites people to join under the person who provides the information. But I'm not sure if it's gambling in any other form as long as you figure out that MLM can bring you profits in the future. As far as I know, MLM offers its members a product and special discounts for them. And members can resell the product or use it for themselves. My advice is you better not join any MLM because usually, the products are very expensive and we don't really use them either.


Title: Re: Gambling and MLM Schemes
Post by: goldkingcoiner on July 01, 2022, 08:46:46 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

You should be a bit more precise when stating that MLM schemes are somewhat like gambling. I really do not see a connection?

People who gamble are very much aware that they can and definitely will lose their money when gambling. So saying that someone got tricked into losing their money with gambling is not an excuse which will work for the scam accuser/gambler.

On the other hand MLM is basically just pyramid schemes with different templates. Either template, its still just a strategy to trick people who unknowingly fall for the "scam".

But that has the property of deceiving someone, unlike with gambling. Every idiot knows gambling is risky. Not everyone knows a MLM is bad.


Title: Re: Gambling and MLM Schemes
Post by: rahmad2nd on July 01, 2022, 10:17:20 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?


you should be able to distinguish gambling casinos and multi-level marketing (MLM) these two things are clearly different from one another, land-based casino gambling (online) offers entertainment and fun, does not guarantee let alone offers wealth. win or lose you know very well that it is part of the risk. gambling is dexterity, skill, strategy and the like if you insist on continuing to bet then 99% will experience a loss and as you said this contradicts the loss equation between the two. Everyone knows multi-level marketing (MLM) is a ponzi scheme concept that has a long chain.  I think you understand.


Title: Re: Gambling and MLM Schemes
Post by: danherbias07 on July 01, 2022, 10:27:01 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
No. Wrong.
Not all are losers in gambling. Just the right amount of discipline will make you a winner. But first, how did you come up with this idea? Did you lose a lot of money while gambling that's why you have this kind of POV?
I don't do records about my bets and I just let it flow but I know to myself that I gained many profits last season of the NBA. I don't remember a losing streak when I went 10 games without winning anything. Most were tie-breakers and others 2 wins, and 1 loss.
It's not the same, don't compare it with that.


Title: Re: Gambling and MLM Schemes
Post by: traderethereum on July 01, 2022, 10:40:30 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
How can gambling be like an MLM scheme?
Is it an invitation from someone else that makes us join the gambling site and spend the money we have?
Other people can invite us to visit gambling sites but we must be able to choose and say no if we know the risks.
But most people who know nothing about gambling will visit a gambling site and start gambling for small money.
So gambling is not like an MLM scheme because it is completely different.


Title: Re: Gambling and MLM Schemes
Post by: btc_angela on July 01, 2022, 10:44:13 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I guess you don't understand what MLM is and they are not even comparable to say the least. In MLM, you are encourage to recruit members under you. And it is being compared to pyramiding scheme.

For gambling, it's very different, you play with your own money, whether sports betting or casino games like slots or dice. You don't have to recruit anyone and it's you agains the casino. There is no someone above you or your downline streams.


Title: Re: Gambling and MLM Schemes
Post by: Fundamentals Of on July 01, 2022, 11:01:12 AM
The comparison is very poor. In fact, almost opposite. Gambling is for fun. But you've got to spend money for it. You're expected to lose. MLM on the other hand is a business scheme. It is not for you to lose money but for you to earn.

Huh? did you even know-how is the work of MLM Scheme.

MLM Shchem/Ponzi is pay the old investment from new investment until they cannot gain more members and not cannot pay anymore. Gambling statistic why we have more loses, because most the time is from psychology.

This is wrong. MLM is not Ponzi, at least strictly speaking. But I understand that you immediately jumped into conclusion. It seems you've already been a victim yourself or a friend to a victim of a Ponzi that has a business front that uses MLM. It's not uncommon. 99% of networking schemes or MLM are actually Ponzis.


Title: Re: Gambling and MLM Schemes
Post by: lionheart78 on July 01, 2022, 11:25:21 AM
But in most cases, MLM Pyramid scheme is focused on referral programs and not on the product.

They are promoting aggressively the gains that users can get thru the referral programs instead of focusing on the benefits of the product.

That's why MLM Pyramid scheme is even worst than gambling.

There fixed that for you since you are talking about Pyramid scheme not MLM scheme. Probably you had skipped the previous reply that clearly stated the meaning and function of MLM schemes.  

snipped...
https://www.investopedia.com/terms/m/multi-level-marketing.asp
https://en.wikipedia.org/wiki/Multi-level_marketing

Come back here after reading those and try to answer now by yourself if gambling and MLM schemes are quite the same.
Quote
MLM Schemes have legitimate process governed by rules and contractual obligations for distributorship as well as regarding inventory holding, training and sales etc. Pyramid selling on the contrary is based on very loosely constructed, vague rules, promises without any legal or contractual obligations and more importantly without any substantial product range.
Another difference:
Quote
MLM Schemes do not require you to make any investment except a meager cost involved in buying a start up kit or some marcom materials or a small distributor fee for membership and such amounts are quite miniscule. Pyramid selling networks are focused on making money from charging all kinds of entry fee as well as pushing the distributor to buy, hold inventory on paper without actual physical goods or based on schemes like catalogue or magazine subscription or some sort of discounts etc. In lieu of a future sale and income, every subscriber to the scheme gets to make investments which accrue as income to the promoters alone. Pyramid selling always comes with ambiguous plans that promote hoarding of inventory as well as lack of clarity regarding income generation.
source: Multi Level Marketing vs. Pyramid Selling (https://www.managementstudyguide.com/multi-level-marketing-and-pyramid-selling.htm)
In short MLM schemes and Pyramid schemes are two different networking schemes.  And I think the pyramid scheme is more relevant to gambling not saying HYIP scheme is far more relevant to gambling.


This clearly explains the difference between two network marketing schemes, MLM schemes, and Pyramid Schemes.  Often times relying too much on what we heard without verifying can lead to misinformation.

Quote
Pyramid Schemes are, however, fraudulent schemes, disguised as an MLM strategy. The difference between a pyramid scheme and a lawful MLM program is that there is no real product that is sold in a pyramid scheme. Participants attempt to make money solely by recruiting new participants into the program. The hallmark of these schemes is the promise of sky-high returns in a short period of time for doing nothing other than handing over your money and getting others to do the same.
source: https://consumer.sd.gov/fastfacts/marketing.aspx

Gambling and MLM scheme are very different in every aspect of their function.  Gambling has often been associated with a game of luck while the MLM scheme is associated with hard labor.  


Title: Re: Gambling and MLM Schemes
Post by: MAAManda on July 01, 2022, 11:32:43 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Where did you hear that from? you should ask yourself again, whether the information you get is valid information or not, LOL. I have gambling experience and I also have friends who join the MLM business, from what I do and what my friends do, it's 100% different. Everything we do to make money certainly has risks, so of course there will be people who lose. The point I want to make here is, if you gamble, you rely on your luck, while in the MLM business, you rely on your efforts.


Title: Re: Gambling and MLM Schemes
Post by: KennyR on July 01, 2022, 11:34:42 AM
With MLM you need to trap others to make money. With gambling the scenario is different, you spend your own money looking for the outcome. If the luck is on your side you'll make money, if not what you risked will be lost. Apart from that you need to develop strategies and tricks with which you can make money. With MLM you need to make strategies to make others invest on the scheme you're promoting. Most of the MLM looks interesting at the beginning, later it turns out to be a scam.


Title: Re: Gambling and MLM Schemes
Post by: Wexnident on July 01, 2022, 11:38:25 AM
I don't think there's even a relation to each other? I mean you're entering MLM (even if it was a pyramid scheme and not an MLM tbf) expecting something in return since you kind of investing, whether it be in the form of physical goods or monetary cashback or whatever, gambling, on the other hand, you expecting something is you being dumb and well, not actually knowing what gambling really is.

MLM is kind of like a community where you're guaranteed a return back if it's actually legal, but gambling is a game, it's a form of entertainment. It's literally something that follows the logic of something like a coin toss, a random 50/50 chance.


Title: Re: Gambling and MLM Schemes
Post by: Beparanf on July 01, 2022, 12:15:56 PM
Both will indeed lead to losses, but losses in MLM will not be controlled. Unlike gambling, losses are caused by themselves and there is no coercion from others.
Business have risks, but gambling is far riskier than multi-level marketing if the multi-level marketing is legit. Even gambling is not related to business unless you are the owner the gambling platform.

If you read back my statement, I do mention that MLM is quite popular before in crypto for scam scheme and obviously that’s what I’m pertaining in my statement and not the legit business using it since acknowledged the MLM scheme is not bad if it’s properly.

The thing is, MLM ponzi scheme in crypto can still give you a profit if you are lucky to enter in early but the chance of losing is very high if you are late and this is the risk what I’m talking that I’m associating with gambling risk.


Title: Re: Gambling and MLM Schemes
Post by: lionheart78 on July 01, 2022, 12:44:45 PM
Both will indeed lead to losses, but losses in MLM will not be controlled. Unlike gambling, losses are caused by themselves and there is no coercion from others.
Business have risks, but gambling is far riskier than multi-level marketing if the multi-level marketing is legit. Even gambling is not related to business unless you are the owner the gambling platform.

If you read back my statement, I do mention that MLM is quite popular before in crypto for scam scheme and obviously that’s what I’m pertaining in my statement and not the legit business using it since acknowledged the MLM scheme is not bad if it’s properly.

They are Pyramid schemes, a fraudulent schemes disguised as MLM.[1]  They became popular in my country too but I won't associate them with legal MLM.  Most of these so-called "MLM" company that took advantage of crypto does not have any license to operate nor are approved by the SEC.  So basically they are an illegal entity and joining them is the same as an act of taking chance to get profit which sadly ends up in a loss.

The thing is, MLM ponzi scheme in crypto can still give you a profit if you are lucky to enter in early but the chance of losing is very high if you are late and this is the risk what I’m talking that I’m associating with gambling risk.

A Ponzi scheme is a scheme that gives the most benefits to whoever gets in first.  So for those late comers, it is a gamble for them since they don't know if the system can still support to pay out the members.  So basically this can be considered the same as taking a gamble just like what gambling is.  Taking a chance to get a profit.



Here is an excellent article on MLM, where their main selling point is their people rather than the actual product they are attempting to sell to the general public.

- https://bitcointalk.org/index.php?topic=5116935.0

Also, you can't easily call a service an MLM just because at some point they lose their hard - earned money. In fact, losing is inevitable in every other business niche that has risk associated with it. Okay?

That thread had wrongfully used the Term MLM.  Under the definition, It should be Pyramid Scheme disguised as an MLM company.  It generalized MLM as fraudulent activity which is very wrong and misleading.


[1] https://consumer.sd.gov/fastfacts/marketing.aspx


Title: Re: Gambling and MLM Schemes
Post by: johhnyUA on July 01, 2022, 01:02:56 PM
MLM Shchem/Ponzi is pay the old investment from new investment until they cannot gain more members and not cannot pay anymore. Gambling statistic why we have more loses, because most the time is from psychology.

It's often far more wise to invest in MLM at the start. In that case you will for sure get your profit. And this what we can't say about gambling. Gambling is more about math, and MLM about psyhology and right moment. To succed in MLM you need a good insight. And to gamble you need to be a good mathematician


Title: Re: Gambling and MLM Schemes
Post by: ralle14 on July 01, 2022, 01:13:00 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
Even though you're likely going to lose money in both gambling and MLM they're still different because in gambling not everyone plays just to make money. There are others that play for fun just like how you spend money on an activity just to get entertained. The results might be similar but the processes are different, you'd understand it more once you get a good look at both sides even further rather than just knowing the outcome.


Title: Re: Gambling and MLM Schemes
Post by: robelneo on July 01, 2022, 01:28:07 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Have you tried both of them, I guess you have not, I have tried both of them and my opinion is you're not in a good position to make money from gambling than MLM, MLM is far better than gambling on gambling you can bet your money and its 50/50 chance to win and if you're having a bad day the house edge will play out and beat you, on MLM if you have good marketing skills and you can make money from MLM, there are good and bad MLM but your chances to make money from MLM is better and if you did not make money from MLM you have their product or service as a consolation, on gambling you don't have a consolation,  you lose everything.


Title: Re: Gambling and MLM Schemes
Post by: lionheart78 on July 01, 2022, 01:46:08 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

Have you tried both of them, I guess you have not, I have tried both of them and my opinion is you're not in a good position to make money from gambling than MLM, MLM is far better than gambling on gambling you can bet your money and its 50/50 chance to win and if you're having a bad day the house edge will play out and beat you, on MLM if you have good marketing skills and you can make money from MLM, there are good and bad MLM but your chances to make money from MLM is better and if you did not make money from MLM you have their product or service as a consolation, on gambling you don't have a consolation,  you lose everything.

I agree that legit MLM company distributors need Marketing skills to sell the company products or services.  In the end, the MLM distributors earned a commission from the reported sales and retail profits.  Since it is a Multi-Level company, distributors also earn from their referred distributor sales.  While in gambling, we only profit when we win in our gambling session.

Affiliate marketing in a gambling platform can somehow earn us passive income just like the unilevel[1] option of the MLM company earnings but I think that is not what this thread's discussion is about.



[1] https://www.infotraxsys.com/insights/whats-a-unilevel-plan-mlm-unilevel-basics-pros-and-cons-infographic/


Title: Re: Gambling and MLM Schemes
Post by: livingfree on July 01, 2022, 06:31:26 PM
There is this taboo about MLM, I'm not part of it and not a defender of them and I'm not into it. But because of the false marketing of some MLM, they've been thought of a scam. I guess when someone who's approached wrongly by telling how good and easy to earn on their company and it turns out that it's not, they'll have that conclusion that it's a scam.

OP should ask that person where he has heard that it was a scam.

Maybe, him or that person was a victim of an actual scam and ponzi.


Title: Re: Gambling and MLM Schemes
Post by: uneng on July 01, 2022, 06:59:09 PM
You can lose money gambling, joining MLMs, trading and investing anywhere else, what doesn't mean all these activities can be compared and put on the same basket. The point is that you gamble by yourself with your own money and expect to make some profit from it, without having to involve other people (referrals) in order to achieve profit. That is an individual activity where you play against the house or another players.

At MLM schemes you need to be an influent person to attract adepts to your cause, who will generate passive income for you through their work and effort, so you can't be a lonely wolf when joining these schemes. The central goal here is to rely on other people to earn money, what doesn't apply to the reality of most people, therefore, most people will lose money or won't earn anything with MLMs in the best scenario.


Title: Re: Gambling and MLM Schemes
Post by: Zilon on July 01, 2022, 07:13:41 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
Multi-level marketing is strategic and works perfect in a well structured organization except for organizations that are not licensed then funds could be at high risk. Loses on MLM schemes can also be said to be subject to failed marketing tactics.. Every level comes with it's own benefits. It is like a ladder to success whereas  Gambling on the other hand rely on probability, luck and less strategy hence  the difference don't match up at all


Title: Re: Gambling and MLM Schemes
Post by: serjent05 on July 01, 2022, 08:10:30 PM
You can lose money gambling, joining MLMs, trading and investing anywhere else, what doesn't mean all these activities can be compared and put on the same basket. The point is that you gamble by yourself with your own money and expect to make some profit from it, without having to involve other people (referrals) in order to achieve profit. That is an individual activity where you play against the house or another players.

Pretty much that is true.  In a failed venture, everyone will lose money.  Same thing with gambling.  The only difference is the risk management whereas in gambling this is non-existing though gambling has bankroll management.

At MLM schemes you need to be an influent person to attract adepts to your cause, who will generate passive income for you through their work and effort, so you can't be a lonely wolf when joining these schemes. The central goal here is to rely on other people to earn money, what doesn't apply to the reality of most people, therefore, most people will lose money or won't earn anything with MLMs in the best scenario.

I think there are two ways or more to earn from legit MLM.  The first one is through retail profit where you get the item at a discounted price and sell them at a selling price.  More or less 25%-50% depending on the company retail discount.  The next one is the group sales commission, that is where the unilevel marketing comes in.  Sadly many fraudulent companies mimic this kind of scheme but as far as I understand it, the scheme they use is the Pyramiding scheme.

I had witnessed people advance their financial status by being involved in legit MLM.  It doesn't happen overnight though but years of hard work and building a network of product customers and partners.   I do not think gambling has that?



Title: Re: Gambling and MLM Schemes
Post by: crzy on July 01, 2022, 09:54:51 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
This is way different, MLM only sells a product and they have that scheme which many can easily notice. There’s no scheme in gambling, its already given that you will just lose money here because again, the house will always win. If you think this is a scheme then stop doing both, you can have more peace of mind if you stop gambling, that can help you a lot to save more money. Gambling is still risky, compare to MLM where you are buying staffs that you might actually want.


Title: Re: Gambling and MLM Schemes
Post by: Oilacris on July 01, 2022, 10:22:45 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
This is way different, MLM only sells a product and they have that scheme which many can easily notice. There’s no scheme in gambling, its already given that you will just lose money here because again, the house will always win. If you think this is a scheme then stop doing both, you can have more peace of mind if you stop gambling, that can help you a lot to save more money. Gambling is still risky, compare to MLM where you are buying staffs that you might actually want.
MLM does have products which could really be helpful or something essential. Earning opportunity is just a bonus in MLM but it doesnt really give out assurance but of course there are people who do put

emphasis on earning via multi-level kind of scheme which its of course having that risk if you do make yourself or put into the bottom unless if you are on the top then you could really benefit out from it but if not then dont expect something from it and unlike gambling then there's no product that you can get or just simply playing out for leisure but people do put emphasis or focus
when it comes to money making opportunity.

So i dont see on the relevance on why making such comparison which this is clearly totally different to each other?


Title: Re: Gambling and MLM Schemes
Post by: Slow death on July 01, 2022, 10:41:51 PM
if it were just you and the casino, in that scenario the casino would not have any other customer, the only customer would be you. you could play for years and years and the casino owner would continue to pay you, without needing new customers... because it would be very difficult for you to get it right all the time so every time you are losing, the casino is taking that money of yours that you lost for you to pay when you win and also the casino owner has a big bankroll so that in case you win something big he can pay you, that way they are not operating ponzi scheme. I hope my example is easier for you to understand without having to google it and find more complicated explanations


Title: Re: Gambling and MLM Schemes
Post by: Hydrogen on July 01, 2022, 11:34:24 PM
MLMs are like affiliate programs crossed with pyramid schemes.

MLM members purchase necessities and supplies through their MLM. With those higher on the pyramid receiving an affiliate cut. It is like referrel links in crypto or amazon's affiliate program. Moreso than anything to do with gambling.

If a family or group of friends can gather together and supply their regular needs through MLM supply chains. They can form a long term hierarchy which can be both profitable and sustainable to some degree.

I'm surprised MLMs aren't being touted more with the advent of the internet. Social networking the internet supplies seems well suited for it.


Title: Re: Gambling and MLM Schemes
Post by: Rengga Jati on July 01, 2022, 11:38:38 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
Seriously? From where did you hear this statement? It seems so funny I heard it.
MLM is Multi-Level-Marketing. WHat makes it similar to gambling?
In MLM, we recruit people to join with certain requirements (mostly by buying ay products), and if we can get more people, we can get more rewards. The schemes are also likely triangle shape schemes.
But in gambling, there is no scheme like that. Although may register by using other people's referrals, we play gambling as we like it. We can lose in gambling because we are exactly lost in paying. Or we can also win because we are lucky or even because we are skillful in certain gambling games or betting sports.
So, this is exactly different.


Title: Re: Gambling and MLM Schemes
Post by: goinmerry on July 01, 2022, 11:50:13 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?

Losing money is likely to get when gambling or participating in MLM schemes but the process is different.

MLM is more used in investing where getting referrals is the key to making profits.
In gambling, I think there's no need for any explanation. Do you have a gambling experience alreadY?

The good part is, if play right, you won't actually lose money at both. How to play it right? That's another need for a separate discussion.


Title: Re: Gambling and MLM Schemes
Post by: Vaskiy on July 01, 2022, 11:53:29 PM
Same as the MLM function people have begun to connect cryptocurrencies with MLM. Even in my country certain groups are functioning with the same thing promoting that payments will be in terms of bitcoin. For the participation some tokens have been given. While checking I haven't seen on any of the top exchanges.


Title: Re: Gambling and MLM Schemes
Post by: Fundamentals Of on July 02, 2022, 03:10:06 AM
Gambling is more about math, and MLM about psyhology and right moment. To succed in MLM you need a good insight. And to gamble you need to be a good mathematician

How come? Does the probability of winning in a gambling game rise because you're good in math? I don't think so. Winning or losing in gambling is not at all connected to how well you compute. No amount of computation would make you come out of a casino a winner because you're a good mathematician. Unless you refer to blackjack and you're a math genius with amazing memory skills. Other than that, even the most brilliant math wizard can't compute his way to win dice, slot, roulette, lottery, etc.


Title: Re: Gambling and MLM Schemes
Post by: TheGreatPython on July 02, 2022, 06:53:35 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
Have you tried both of them, I guess you have not, I have tried both of them and my opinion is you're not in a good position to make money from gambling than MLM, MLM is far better than gambling on gambling you can bet your money and its 50/50 chance to win and if you're having a bad day the house edge will play out and beat you, on MLM if you have good marketing skills and you can make money from MLM, there are good and bad MLM but your chances to make money from MLM is better and if you did not make money from MLM you have their product or service as a consolation, on gambling you don't have a consolation,  you lose everything.
There are types of gambling that are not based on luck but they are based on skills and knowledge and there are successful gamblers that can make money out of them and they can treat it as a way to earn a passive income. When it comes to consolation, it also exists in gambling.

Don't forget we have rake backs and other forms of bonuses that we can get either per week or per month but the amount can depend on your wager and on what type of games you are playing but it in the end it's only about skills as you said. If you know that you are bad at those skill based and knowledge based gambling no matter how much you try then you can try making money in the form of these mlm schemes.


Title: Re: Gambling and MLM Schemes
Post by: Jemzx00 on July 02, 2022, 07:47:38 AM
Same as the MLM function people have begun to connect cryptocurrencies with MLM. Even in my country certain groups are functioning with the same thing promoting that payments will be in terms of bitcoin. For the participation some tokens have been given. While checking I haven't seen on any of the top exchanges.
MLM programs has already been connected to cryptocurrency way back when doubler services was a thing on my country. These programs are like pyramiding schemes however they have a legitimate product to sell whereas a uses can either join or invest on their programs. Since most of the revenue of these programs are from referral, they tend to fall down in the future.
As for OP's topic, I don't think that these MLM and Gambling are the same as MLM are more like a risky investment and Gambling is more on casino or esports bettings.


Title: Re: Gambling and MLM Schemes
Post by: noormcs5 on July 02, 2022, 08:16:11 AM
Same as the MLM function people have begun to connect cryptocurrencies with MLM. Even in my country certain groups are functioning with the same thing promoting that payments will be in terms of bitcoin. For the participation some tokens have been given. While checking I haven't seen on any of the top exchanges.
MLM programs has already been connected to cryptocurrency way back when doubler services was a thing on my country. These programs are like pyramiding schemes however they have a legitimate product to sell whereas a uses can either join or invest on their programs. Since most of the revenue of these programs are from referral, they tend to fall down in the future.
As for OP's topic, I don't think that these MLM and Gambling are the same as MLM are more like a risky investment and Gambling is more on casino or esports bettings.

MLM schemes are totally a scam because they are built to give profits to only those who invested early in those schemes. Many people are now aware of MLM schemes and they usually avoid MLM schemes.

Gambling, on the other hand, is altogether a different thing. Gambling is not itself a scam and it gives to equal opportunity to try your luck to win money. You can lose too but you get an even playing field.


Title: Re: Gambling and MLM Schemes
Post by: judeafante on July 02, 2022, 09:43:48 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
If you lose from gambling that's because you're not lucky if you lose from MLM that's because you're lazy, I have been a member of MLM some years back and made money because I am good at recruitment and the MLM I'm in has a good brand name, I don't see the comparison, your chances to make money from MLM is good compared to when you are betting in dice or slots, its luck and having a good sales talk.


Title: Re: Gambling and MLM Schemes
Post by: swogerino on July 02, 2022, 09:53:42 AM
Multi level marketing I think is something that has seen its user base during these late years fall down in a dramatic way.That is because most people cannot really make money in MLM and sometimes MLM are often run by shady people who do not honor your efforts if for example you could recruit some other people,they are extremely similar to HYIP (High Yield Investment Profit) which is 100% of a scam nowadays.

In gambling you have the provably fair factor implemented in almost all the reputable casinos and you know that the casinos,the reputable ones will honor your winnings no matter how big they are,that is a distinct difference between the two,in gambling you decide to play and you will get to know if you won or lost in a very short amount of time while in MLM it could take years for you to make any affiliate and even then,the site to have gone offline or to scam.

Gambling although very risky at least is not a scam while MLM and HYIP are in most cases run by shady people who scam other people.


Title: Re: Gambling and MLM Schemes
Post by: Davidvictorson on July 02, 2022, 11:42:41 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

This is a funny question OP. There's no way on earth is that there is a correlation between MLM schemes and gambling. No way. I mean in gambling you're not selling or marketing a product. In gambling you could lose a lot of money and run into debts if you losing a game. This doesn't happen in MLM schemes. In fact the most obvious difference is that in gambling the odds are not in your favour. I can't say the same for the an MLM scheme where the harder you work, the higher you grow.


Title: Re: Gambling and MLM Schemes
Post by: bitzizzix on July 02, 2022, 05:00:16 PM
MLM is multi-level marketing, where when we succeed in recruiting people or selling goods we will be given a bonus, as well as when we succeed in recruiting people or selling a lot of goods, the bonus will also be large.
Gambling only involves us with bookies and bets that only rely on luck, if we are not lucky we will lose or lose money even in an instant.
both have different jobs and processes depending on skills in gambling as well as hard work in MLM.


Title: Re: Gambling and MLM Schemes
Post by: Gianluca95 on July 02, 2022, 05:31:37 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I think that this is totally no sense question. Multi level marketing is a kind of marketing where people upper to you earn based to your results, and so on. Gambling is playing in game by challenging a casino and at the same

time trying to win. Where do you have heard that? Maybe the one that has told to you this was drunk  ;D


Title: Re: Gambling and MLM Schemes
Post by: qwertyup23 on July 02, 2022, 05:52:30 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

MLM and gambling are two different activities but involve a whole lot of risk.

One might argue that a person "gambles" his money away and invests it on MLM schemes that offer higher returns compared to your usual investment plan provided by banks, etc. Gambling, on the other hand, is an activity where you risk your money through the participation of games, cards, etc. Their biggest difference is- MLM is an "investment" type of platform while gambling is an activity platform.

Both involve high amounts of risks but generally MLM schemes are typically created by shady companies in order to extract resources from you.


Title: Re: Gambling and MLM Schemes
Post by: ethereumhunter on July 02, 2022, 09:02:44 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
If you lose from gambling that's because you're not lucky if you lose from MLM that's because you're lazy, I have been a member of MLM some years back and made money because I am good at recruitment and the MLM I'm in has a good brand name, I don't see the comparison, your chances to make money from MLM is good compared to when you are betting in dice or slots, its luck and having a good sales talk.
Of course, making money from MLM can be better than gambling because, in MLM, we offer something that may be useful for other people. Whereas in gambling, we use our money to make money. But unfortunately, we can't always win. This will be related to our luck and we have seen many examples where people can't always be lucky at gambling. MLM schemes are not gambling unless you join an MLM, which offers you to earn huge income by simply depositing money. It's not MLM but Ponzi (if I'm not mistaken).


Title: Re: Gambling and MLM Schemes
Post by: chaser15 on July 02, 2022, 09:36:55 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

This is a funny question OP. There's no way on earth is that there is a correlation between MLM schemes and gambling. No way. I mean in gambling you're not selling or marketing a product. In gambling you could lose a lot of money and run into debts if you losing a game. This doesn't happen in MLM schemes. In fact the most obvious difference is that in gambling the odds are not in your favour. I can't say the same for the an MLM scheme where the harder you work, the higher you grow.

Not true. There are worst things that happened in MLM too and one of it is the one you just mentioned, running to debts.

Do you think there's no such thing happened in MLM? Didn't you know that users there is aggressively promoting the referral bonus to the point that they will show big money, cars, houses that expected to earn when people joined that scheme.

MLM will be success if you work harder? That's impossible as MLM only gained revenue when there are new users coming. I don't see yet a successful products alone that makes the MLM success. It's always should need new referrals.


Title: Re: Gambling and MLM Schemes
Post by: Johnyz on July 02, 2022, 09:41:08 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
What kind of products are you selling in Gambling? If none then I don’t see any connections between this two.
Seriously, gambling is more on a scheme of the house but not MLM, this is their system business and casinos don’t need to sell any products here because gamblers will still come them. While in MLM, you have tour product and you have to get more agents to sell those products, there’s a big difference here.


Title: Re: Gambling and MLM Schemes
Post by: samcrypto on July 02, 2022, 09:43:53 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I think that this is totally no sense question. Multi level marketing is a kind of marketing where people upper to you earn based to your results, and so on. Gambling is playing in game by challenging a casino and at the same

time trying to win. Where do you have heard that? Maybe the one that has told to you this was drunk  ;D
Most probably he is referring to the gambling agents here who are looking for the players so they can earn the commission but honestly, I also don't think any similarity with this one since from the word Multi level marketing, that means they are selling a product and have the scheme who ever goes on top will always be a high beneficiary on this kind of business. Gambling is not an MLM, they don't need so much about marketing since their business is to provide good service to gambler and in return, they will earn some from the money of every gamblers.


Title: Re: Gambling and MLM Schemes
Post by: lionheart78 on July 02, 2022, 10:58:56 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I think that this is totally no sense question. Multi level marketing is a kind of marketing where people upper to you earn based to your results, and so on. Gambling is playing in game by challenging a casino and at the same

time trying to win. Where do you have heard that?


I also agree, there are far too many differences between gambling and MLM schemes.

Maybe the one that has told to you this was drunk  ;D

Probably someone who just heard from someone about the similarities of an MLM scheme to gambling and agrees with the given twisted example.  We should always verify things we hear from someone especially if he is not the one who has the full knowledge about the topic.


Title: Re: Gambling and MLM Schemes
Post by: robelneo on July 03, 2022, 03:19:47 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I think that this is totally no sense question. Multi level marketing is a kind of marketing where people upper to you earn based to your results, and so on. Gambling is playing in game by challenging a casino and at the same

time trying to win. Where do you have heard that?


I also agree, there are far too many differences between gambling and MLM schemes.

Maybe the one that has told to you this was drunk  ;D

Probably someone who just heard from someone about the similarities of an MLM scheme to gambling and agrees with the given twisted example.  We should always verify things we hear from someone especially if he is not the one who has the full knowledge about the topic.

I'd like to believe that the source comes from people who lose investing in MLM because they are too lazy to work promoting or recruiting people or on bad MLM projects that is why they conclude that it's the same as gambling with no guarantee of winning and just based it in luck.

I've known people from MLM who made millions because they are business-minded and they know how an MLM works, MLM starts from finding a good company and knowing how to invite, recruit and motivate people, knowing that the success of their downline is their success also.



Title: Re: Gambling and MLM Schemes
Post by: michellee on July 03, 2022, 04:43:12 PM
Probably someone who just heard from someone about the similarities of an MLM scheme to gambling and agrees with the given twisted example.  We should always verify things we hear from someone especially if he is not the one who has the full knowledge about the topic.
Indeed. In addition, maybe people equate MLM schemes with gambling because after we deposit money into the MLM, we can feel insecure. After all, we don't know when we can get our money back with the profits. If this is the case, we must find out more information about MLM that we hear so we will not go the wrong way by joining the MLM. Thus we can also understand that MLM and gambling are different.


Title: Re: Gambling and MLM Schemes
Post by: n0ne on July 03, 2022, 04:53:43 PM
Probably someone who just heard from someone about the similarities of an MLM scheme to gambling and agrees with the given twisted example.  We should always verify things we hear from someone especially if he is not the one who has the full knowledge about the topic.
Indeed. In addition, maybe people equate MLM schemes with gambling because after we deposit money into the MLM, we can feel insecure. After all, we don't know when we can get our money back with the profits. If this is the case, we must find out more information about MLM that we hear so we will not go the wrong way by joining the MLM. Thus we can also understand that MLM and gambling are different.
As said MLM and Gambling are entirely different. Just because loss is happening we cannot equate gambling and MLM. Even with the trusted MLM schemes we feel insecure, because the outcome isn't assured. With gambling the outcome is assured, and this depends on luck. The same on MLM happens through others participation.

In most of the MLM I heard, participants on the top order make good money whereas the low bottom pave way for the top earners. When the low bottom stop working as they don't benefit good, the MLM turns to be scam.


Title: Re: Gambling and MLM Schemes
Post by: BitcoinPanther on July 03, 2022, 05:10:46 PM
Indeed. In addition, maybe people equate MLM schemes with gambling because after we deposit money into the MLM, we can feel insecure. After all, we don't know when we can get our money back with the profits. If this is the case, we must find out more information about MLM that we hear so we will not go the wrong way by joining the MLM. Thus we can also understand that MLM and gambling are different.

According to the argument given by the earlier replies, a good MLM company offers products in return for the money spent on the registration.  Automatically, your money is returned in terms of products just like buying an item in the store.  Your money = products with the same valuation as the money spent. So basically people do not lose at all.  While money in gambling, when lost won't come back.


Title: Re: Gambling and MLM Schemes
Post by: CryptopreneurBrainboss on July 03, 2022, 06:40:42 PM
Gambling and multilevel marketing are different and not alike just as others have highlighted. Why you think people loss in MLM is because majority out there are scams but that doesn't mean the marketing technique is a scam itself. Also many ponzi scheme are hiding under the umbrella of been a multi level marketing company to scam people which is why people are associating MLM with Ponzi.

Understandably gambling platforms has began buying into the idea of MLM as I noticed some sites has began using it as a means to get users into their platform. Probably that's why the OP is getting the confusion form. But understand that MLM itself is just a technique to bringing customers to your business by rewarding those that does the marketing for you with a tier system and if deploying it in your casino would be effect, I don't see anything wrong with that.


Title: Re: Gambling and MLM Schemes
Post by: michellee on July 04, 2022, 02:58:25 AM
As said MLM and Gambling are entirely different. Just because loss is happening we cannot equate gambling and MLM. Even with the trusted MLM schemes we feel insecure, because the outcome isn't assured. With gambling the outcome is assured, and this depends on luck. The same on MLM happens through others participation.

In most of the MLM I heard, participants on the top order make good money whereas the low bottom pave way for the top earners. When the low bottom stop working as they don't benefit good, the MLM turns to be scam.
In addition, the losses in gambling and MLM will be different, whereas in gambling, we can become addicted, which will be fatal for the people around us and us.

I used to follow a local MLM in my city where it was very popular and could attract many people to join. But the truth is, only the people at the top of the list make a lot of money, while the people at the bottom only last a short time and then disappear. Strangely, from time to time, this MLM continues to survive and can attract more people even though the products from this MLM are different.

According to the argument given by the earlier replies, a good MLM company offers products in return for the money spent on the registration.  Automatically, your money is returned in terms of products just like buying an item in the store.  Your money = products with the same valuation as the money spent. So basically people do not lose at all.  While money in gambling, when lost won't come back.
They offer products for us to buy but the products are more or less the same as those in other stores. When compared to gambling, the products we buy from MLM we can use so the money doesn't just disappear and maybe that's a real difference from gambling with MLM.


Title: Re: Gambling and MLM Schemes
Post by: Reid on July 04, 2022, 04:46:07 AM
Gambling vs marketing? Totally different. Bad comparison. I take the trading and gambling as a good comparison because they are close at risking money but not this. MLM is a pyramid while gambling is entertainment with a risk. See the difference?
If this is how you see things then I'd suggest you stop gambling. Nothing is going back to you after losing a bet unlike with MLM you are trying to get back the money you invested by recruiting more.


Title: Re: Gambling and MLM Schemes
Post by: boyptc on July 04, 2022, 04:04:32 PM
According to the argument given by the earlier replies, a good MLM company offers products in return for the money spent on the registration.  Automatically, your money is returned in terms of products just like buying an item in the store.  Your money = products with the same valuation as the money spent. So basically people do not lose at all.  While money in gambling, when lost won't come back.
I don't consider an MLM as a good company. Products are too overpriced but that's what you get with your money instead of having no return from your purchase.

And aside from products, whatever incentive the MLM company gives will make them attract their customers to purchase those and not just the products alone.



Title: Re: Gambling and MLM Schemes
Post by: serjent05 on July 04, 2022, 04:15:54 PM
Gambling vs marketing? Totally different. Bad comparison. I take the trading and gambling as a good comparison because they are close at risking money but not this. MLM is a pyramid while gambling is entertainment with a risk. See the difference?

MLM isn't only a pyramid it is more like a weblike network where everyone is interconnected through their upper line or sponsor.  Even trading and gambling is far different from each other.  Trading has this calculated risk management while gambling has bankroll risk management.  In trading, the risk is pretty much can be calculated while gambling is missing those.

If this is how you see things then I'd suggest you stop gambling. Nothing is going back to you after losing a bet unlike with MLM you are trying to get back the money you invested by recruiting more.

MLM = product movement, Fraudulent MLM-like scheme or Pyramid Scheme = money movement through recruitment depends on which of them we joined, we either sell a product or recruit people in order to earn money (both require hard work).  In gambling, we just need to be lucky in our bets to gain profit.


Title: Re: Gambling and MLM Schemes
Post by: Gianluca95 on July 04, 2022, 05:41:51 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

I think that this is totally no sense question. Multi level marketing is a kind of marketing where people upper to you earn based to your results, and so on. Gambling is playing in game by challenging a casino and at the same

time trying to win. Where do you have heard that?


I also agree, there are far too many differences between gambling and MLM schemes.

Maybe the one that has told to you this was drunk  ;D

Probably someone who just heard from someone about the similarities of an MLM scheme to gambling and agrees with the given twisted example.  We should always verify things we hear from someone especially if he is not the one who has the full knowledge about the topic.

I'd like to believe that the source comes from people who lose investing in MLM because they are too lazy to work promoting or recruiting people or on bad MLM projects that is why they conclude that it's the same as gambling with no guarantee of winning and just based it in luck.

I've known people from MLM who made millions because they are business-minded and they know how an MLM works, MLM starts from finding a good company and knowing how to invite, recruit and motivate people, knowing that the success of their downline is their success also.



I've worked in the past with company which used MLM, but for my experience, in the most case, there were only ponzi-scheme company hided by MLM marketing.

You can compare gambling with HYIP, this is true, but the real MLM is really another kind of thing and shouldn't never compared to gambling.



Title: Re: Gambling and MLM Schemes
Post by: traderethereum on July 05, 2022, 06:28:23 AM
I've worked in the past with company which used MLM, but for my experience, in the most case, there were only ponzi-scheme company hided by MLM marketing.

You can compare gambling with HYIP, this is true, but the real MLM is really another kind of thing and shouldn't never compared to gambling.
Maybe gambling can almost be likened to an HYIP because we both deposit a certain amount of money and then we just have to wait for the time limit we can take the profits.
What makes HYIPs almost the same as gambling is that no one knows when the HYIP company can go online and that can make us worry if the HYIP company closes before we can take our profits and capital.
But if we say gambling is the same as MLM, then that's not quite right because MLM can still provide benefits in recruiting new members.
It's just an obscure MLM program that we might equate to gambling.


Title: Re: Gambling and MLM Schemes
Post by: rahmad2nd on July 05, 2022, 12:29:30 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?

This is a funny question OP. There's no way on earth is that there is a correlation between MLM schemes and gambling. No way. I mean in gambling you're not selling or marketing a product. In gambling you could lose a lot of money and run into debts if you losing a game. This doesn't happen in MLM schemes. In fact the most obvious difference is that in gambling the odds are not in your favour. I can't say the same for the an MLM scheme where the harder you work, the higher you grow.

Not true. There are worst things that happened in MLM too and one of it is the one you just mentioned, running to debts.

Do you think there's no such thing happened in MLM? Didn't you know that users there is aggressively promoting the referral bonus to the point that they will show big money, cars, houses that expected to earn when people joined that scheme.

MLM will be success if you work harder? That's impossible as MLM only gained revenue when there are new users coming. I don't see yet a successful products alone that makes the MLM success. It's always should need new referrals.


Most MLM use the strategies you mentioned (show big money, houses, cars) to attract as many new members as possible. I think this is the bad side of the MLM business even though there are actually good MLMs.
that is why the MLM business is not very attractive to many people except for people who lack references and knowledge. 
this business moving from members to new members this is a long chain very clearly a ponzi scheme.

I also agree that I have never seen a successful product from MLM unless it only enriches the MLM party.


Title: Re: Gambling and MLM Schemes
Post by: Jawhead999 on July 05, 2022, 02:18:29 PM
Gambling itself isn't MLM schemes since you're not looking for other players to increase your luck to win lol, you're against the casino since they have house edge. I'd say referral bonus/contest is more like a MLM schemes since the more you got players registered under your referral link. But MLM schemes is promising their customers to earn money after they follow the person, while referral link isn't. They're only offer free spin, free bet or something that will attract the customers.


Title: Re: Gambling and MLM Schemes
Post by: virasisog on July 05, 2022, 03:50:26 PM
Gambling itself isn't MLM schemes since you're not looking for other players to increase your luck to win lol, you're against the casino since they have house edge. I'd say referral bonus/contest is more like a MLM schemes since the more you got players registered under your referral link. But MLM schemes is promising their customers to earn money after they follow the person, while referral link isn't. They're only offer free spin, free bet, or something that will attract the customers.

Our gambling journey is self-managed. Our winnings and losses will depend on our luck and will not rely on any scheme. Both have risks but they're too different from each other and I honestly don't see any huge relation between MLM and gambling.
MLM's earnings will depend mostly on your referrals but aren't reliable because it's being fud by scammers and being used to scam people.


Title: Re: Gambling and MLM Schemes
Post by: ChiBitCTy on July 05, 2022, 04:54:17 PM
Multi-level marketing schemes and gambling are two entirely different things. MLM is a an actual “scheme” something that’s mapped out to scam from the very start. Gambling is part a game of luck and sometimes a game of luck and skill. You know you’re odds of winning aren’t good and that is what really separates the two things. Really not a like at all.


Title: Re: Gambling and MLM Schemes
Post by: Oilacris on July 05, 2022, 09:59:32 PM
Multi-level marketing schemes and gambling are two entirely different things. MLM is a an actual “scheme” something that’s mapped out to scam from the very start. Gambling is part a game of luck and sometimes a game of luck and skill. You know you’re odds of winning aren’t good and that is what really separates the two things. Really not a like at all.

MLM could only be risky if you are just really focusing into those bonuses which you can get on having a referral but if this one doesnt collapse or still retain then it would be still considered as a business

which we know that gambling activity is totally different from it if we do speak about risk and things connected to it.Totally different thing and if we do just solely talk on how things been done then

its just common sense that you would really able to find out the differences but of course both things does have risk since any investment and activity that involves money and aim on earning
money will really be always have that type of risk that someone has need to face on.


Title: Re: Gambling and MLM Schemes
Post by: gunhell16 on July 07, 2022, 12:41:28 AM
You can lose money gambling, joining MLMs, trading and investing anywhere else, what doesn't mean all these activities can be compared and put on the same basket. The point is that you gamble by yourself with your own money and expect to make some profit from it, without having to involve other people (referrals) in order to achieve profit. That is an individual activity where you play against the house or another players.

Pretty much that is true.  In a failed venture, everyone will lose money.  Same thing with gambling.  The only difference is the risk management whereas in gambling this is non-existing though gambling has bankroll management.

At MLM schemes you need to be an influent person to attract adepts to your cause, who will generate passive income for you through their work and effort, so you can't be a lonely wolf when joining these schemes. The central goal here is to rely on other people to earn money, what doesn't apply to the reality of most people, therefore, most people will lose money or won't earn anything with MLMs in the best scenario.

I think there are two ways or more to earn from legit MLM.  The first one is through retail profit where you get the item at a discounted price and sell them at a selling price.  More or less 25%-50% depending on the company retail discount.  The next one is the group sales commission, that is where the unilevel marketing comes in.  Sadly many fraudulent companies mimic this kind of scheme but as far as I understand it, the scheme they use is the Pyramiding scheme.

I had witnessed people advance their financial status by being involved in legit MLM.  It doesn't happen overnight though but years of hard work and building a network of product customers and partners.   I do not think gambling has that?



That is correct Sir, MLM is very far from gambling where there is no items or products need to be sell or group sales. In gambling you only need to play in the games where you have chance  to earn if you win but of course if you lose your assets  have also chance to disappear just simply as that and you also have a chance to get a commission on e you share your referral link at the account you have in the crypto website, but it is only optional not a mandatory for you to earn as a gambler.


Title: Re: Gambling and MLM Schemes
Post by: BobK71 on July 07, 2022, 07:03:00 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.


Title: Re: Gambling and MLM Schemes
Post by: Zarfund on August 02, 2022, 03:09:45 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both  ???


Title: Re: Gambling and MLM Schemes
Post by: virasog on August 02, 2022, 05:54:24 PM
Gambling and MLM schemes are totally different things that are not comparable. One is totally a Ponzi scheme (MLM) while the other one (Gambling) is full of risk. You should avoid MLM schemes at any cost and should not involve yourself in it. You will only lose money in MLM schemes.
Gambling is risky but still, you have some chances of winning a good amount. However, again do not be greedy and gamble with only the amount that you can afford to lose.


Title: Re: Gambling and MLM Schemes
Post by: Quidat on August 02, 2022, 09:12:44 PM
Gambling and MLM schemes are totally different things that are not comparable. One is totally a Ponzi scheme (MLM) while the other one (Gambling) is full of risk. You should avoid MLM schemes at any cost and should not involve yourself in it. You will only lose money in MLM schemes.
Gambling is risky but still, you have some chances of winning a good amount. However, again do not be greedy and gamble with only the amount that you can afford to lose.
MLM might be risky but not as the same when you do gambling.Believe it or not there are people who do make money with MLM schemes but of course it would be excluding into those people who had
invested on the bottom which is likely they are the ones who do suffer the most whenever the pyramid of MLM scheme do collapse and talking about on general sense that mlm is a type of investment
and we know that gambling is totally different which it is purely for entertainment thats why you cant really make out comparison and trying out to attached both things.
Its a different thing  and we know that gambling is for leisure and not something considered to be investment.


Title: Re: Gambling and MLM Schemes
Post by: darkangel11 on August 02, 2022, 09:53:21 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both  ???

He doesn't seem to know what he's talking about :D Sure, you can get some money from MLM, but you never know which one are you. Maybe you're one of the last before the system collapses, or maybe you're one of the last 50 people... I don't touch these schemes at all because I don't want a scammer to take advantage of me and make money. I don't support them and I show it by staying away from these people.

Gambling on the other hand can be fun. You can play with very little money and feel the thrill of winning. It's not like the casino wants to cheat you from the start, while MLM does. It's made to cheat you and take your money.


Title: Re: Gambling and MLM Schemes
Post by: harizen on August 02, 2022, 10:33:44 PM
MLM might be risky but not as the same when you do gambling.Believe it or not there are people who do make money with MLM schemes but of course it would be excluding into those people who had invested on the bottom which is likely they are the ones who do suffer the most whenever the pyramid of MLM scheme do collapse and talking about on general sense that mlm is a type of investment

You have a good point there regarding MLM however, in today's status of MLM businesses, it seems there are only a few that really stand strong today that's why it becomes riskier to invest in new ones since it's not an effective investment for anyone now. In other words, the glory days of MLM are now over that even though they have working and good products, it doesn't seem to attract new people to join the craze.

MLM is also just doing their marketing mainly about the profits that their users might be able to earn instead of promoting the products or what they are about to bring to the market. They are just depending on their referrals to do the marketing therefore how that company can be successful? They are just earning money from new referrals and not with the product purchase.


Title: Re: Gambling and MLM Schemes
Post by: Quidat on August 02, 2022, 11:24:32 PM
MLM might be risky but not as the same when you do gambling.Believe it or not there are people who do make money with MLM schemes but of course it would be excluding into those people who had invested on the bottom which is likely they are the ones who do suffer the most whenever the pyramid of MLM scheme do collapse and talking about on general sense that mlm is a type of investment

You have a good point there regarding MLM however, in today's status of MLM businesses, it seems there are only a few that really stand strong today that's why it becomes riskier to invest in new ones since it's not an effective investment for anyone now. In other words, the glory days of MLM are now over that even though they have working and good products, it doesn't seem to attract new people to join the craze.

MLM is also just doing their marketing mainly about the profits that their users might be able to earn instead of promoting the products or what they are about to bring to the market. They are just depending on their referrals to do the marketing therefore how that company can be successful? They are just earning money from new referrals and not with the product purchase.
It do all talks about referral when we do talk about mlm because this is where they do get more income aside from the products that they are selling or offering which its definitely true.
Risk is there and when you are already on the bottom then there's no easy path for you to make yourself that rich or having big profit even if you do make out that hard marketing
and trying to get referrals and thats how mlm works specially the old ones.In gambling then risk is always there and you could neither earn on winnings or would totally lost
your money or capital in an instant way.


Title: Re: Gambling and MLM Schemes
Post by: ethereumhunter on August 03, 2022, 09:02:31 AM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both  ???
If the MLM have a fair system and allows people to earn something, MLM can bring winning but what I see in reality, it is hard to see people in the lower rank earn something good for them. Only people with big followers can earn big while people below them earn less than the upline. But in gambling, the chance for us to lose will be bigger as we need luck to help us win. We need to be wise while using both MLM schemes and gambling so that we do not lose too big money when we lose.


Title: Re: Gambling and MLM Schemes
Post by: coin-investor on August 03, 2022, 01:13:41 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both  ???
If the MLM have a fair system and allows people to earn something, MLM can bring winning but what I see in reality, it is hard to see people in the lower rank earn something good for them. Only people with big followers can earn big while people below them earn less than the upline. But in gambling, the chance for us to lose will be bigger as we need luck to help us win. We need to be wise while using both MLM schemes and gambling so that we do not lose too big money when we lose.

That's true to earn from MLM you need to have a good public relation skill you need to be an excellent presenter and have a magnetic personality, if you are just a follower you need to be in a good team so they can help you earn also, You have a chance in MLM than gambling you don't need skill in gambling even if you have the skill you will still rely on luck,  there's no similarity in gambling and MLM you can be successful in MLM but in gambling its unlikely.


Title: Re: Gambling and MLM Schemes
Post by: lionheart78 on August 03, 2022, 08:08:16 PM
Gambling and MLM schemes are totally different things that are not comparable. One is totally a Ponzi scheme (MLM) while the other one (Gambling) is full of risk. You should avoid MLM schemes at any cost and should not involve yourself in it. You will only lose money in MLM schemes.

Are you sure you really know what an MLM scheme is?  There is a legal and illegal company that uses MLM schemes so narrowing down MLM schemes as Ponzi schemes only is huge misinformation, and there are lots of millionaires produced by legal MLM schemes.  More than the gambling industry ever produced.  

Quote
What is an MLM scheme?
Multi-level Marketing (MLM) or network marketing, is individuals selling products to the public - often by word of mouth and direct sales. The main idea behind the MLM strategy is to promote maximum number of distributors for the product and exponentially increase the sales force.

Quote
The term marketing (MLM) refers to a strategy used by some direct sales companies to sell products and services. MLM encourages existing members to promote and sell their offerings to other individuals and bring on new recruits into the business. Distributors are paid a percentage of their recruits' sales. New recruits become the distributor's network or downline and are, in turn, encouraged to make sales to earn money.

Many MLM schemes are legal, but there are also illegal operations that are run as pyramid schemes. This has cast some negative light on legitimate MLM businesses.
source (https://www.investopedia.com/terms/m/multi-level-marketing.asp)

You will only lose money in MLM schemes. Gambling is risky but still, you have some chances of winning a good amount. However, again do not be greedy and gamble with only the amount that you can afford to lose.

I highly disagree, the MLM scheme if used by the right company can give huge benefits to its distributors.  If you read the earlier discussion, you can see the difference between Legit MLM which uses MLM scheme, and the Pyramiding Scheme which pretends to be an MLM company and the huge difference between the legal MLM and gambling.


Title: Re: Gambling and MLM Schemes
Post by: ethereumhunter on August 04, 2022, 06:11:08 AM
That's true to earn from MLM you need to have a good public relation skill you need to be an excellent presenter and have a magnetic personality, if you are just a follower you need to be in a good team so they can help you earn also, You have a chance in MLM than gambling you don't need skill in gambling even if you have the skill you will still rely on luck,  there's no similarity in gambling and MLM you can be successful in MLM but in gambling its unlikely.
So by using MLM, we can benefit more than gambling but it also depends on what MLM we choose because not all MLM can provide benefits. But I rarely see that many people can make a lot of profit because those at the lower levels make nothing. In addition, most MLM products are expensive, and few people can afford them. So the MLM target is people who are in the upper middle class. If MLM products could be more affordable, especially to the lower classes of society, maybe many people would feel the benefits.


Title: Re: Gambling and MLM Schemes
Post by: D ltr on August 05, 2022, 02:53:22 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?


Where do you go to school ? so you can't tell the difference between gambling and mlm
indirectly or his rude language
MLM promises profit and hope for its members
and gambling: not giving profits, but how can we read the situation so that we win without losing


Title: Re: Gambling and MLM Schemes
Post by: Cling18 on August 05, 2022, 03:09:32 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?


Where do you go to school ? so you can't tell the difference between gambling and mlm
indirectly or his rude language
MLM promises profit and hope for its members
and gambling: not giving profits, but how can we read the situation so that we win without losing

They're two different things. MLM requires hard work while gambling could be won by luck. Both have risks but they work in different ways. You could probably lose funds in MLM schemes when you get scammed by Ponzi schemes while you could lose in gambling when you got unlucky. If you're going to choose the risk, better choose the one that you could bear.


Title: Re: Gambling and MLM Schemes
Post by: agustina2 on August 05, 2022, 03:46:33 PM
If you're going to choose the risk, better choose the one that you could bear.

Just to add to that, if we will choose the risks, choose the one that we really understand and not just we saw people getting big money out from it. Not all persons do have the same winning results that are why don't be deceived right away if we saw others are successful on their respective journey.

Be it MLM schemes or gambling, people should always think that it's their own money at risk here.

Do everything to minimize our losses and maintain our winning statistics regardless of our chosen investment.


Title: Re: Gambling and MLM Schemes
Post by: serjent05 on August 05, 2022, 11:21:46 PM
I just heard that gambling is just like MLM schemes as people only loses both in gambling and MLM schemes ?
Is it true ?
I can't find any similarity between gambling and MLM system. In the MLM system you can earn money by joining someone else. They may have more additional requirement in case of withdrawal. But gambling is completely different. Here you will either win or lose. If you win, you will be able to withdraw money immediately.

So you are saying that in MLM we can only win , while playing gambling we can win and lose both  ???
Thru hard work, yes you can make money in MLM. They will offer you the starter kit and it's up to you to will keep on moving up by inviting more people into the scheme or you just stay lazy, use the product and be the consumer.
Gambling is different as some games are based on luck (house system) while others increase the chance to make money thru analysis (sports).
There's no luck base in MLM because you need to prove it's a legitimate scheme and then you DIY.
I guess you keep on thinking they are the same because of the risk that surrounds them.

Those who do not understand the risk involved in the two category always thinks that the risk is the same when they are actually not.  Given with danherbias07 explanation, MLM can have a sure profit if done the right way, and get involved in the right way and had chosen the right company.  It can be done through research digging.  While in gambling, it all depends on how good your chance of getting the win.  More or less winning in gambling is all random.  And that simply show the different level of risk involved in that two industry.


Title: Re: Gambling and MLM Schemes
Post by: X-ray on August 06, 2022, 12:21:06 AM
My first time to see that if someone made a comparison between gambling and MLM while the fact if both very different from one to the each other. Gambling was purely gaming for win or lose but MLM was offering different mechanism that was the only people that joined at the first will become party who will get so many benefit from the next people who joined in the MLM. I just curious why you can't even think the different between both. You must see that if MLM is always related to the scam but gambling was not like that MLM mechanism.
I think that you shall need to learn more from some sources on internet about the right definition of MLM and the difference between it and gamble


Title: Re: Gambling and MLM Schemes
Post by: chaser15 on August 06, 2022, 09:44:38 AM
Indeed, I agree with you, my friend, in what you mentioned, maybe the others can say that MLM is like gambling because if you don't succeed in joining MLM and you don't earn anything, you also lose like betting on a gamble, it's like that's what they mean. This is just my own understanding.

Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.


Title: Re: Gambling and MLM Schemes
Post by: Ararbermas on August 06, 2022, 09:57:11 AM
What are you bringing up? Multi-level marketing is totally different from gambling. Some organizations legitimately use Multi-level marketing to sell a product, it is also different from pyramid scheme because in pyramidal scheme, no real product is sold. In gambling, you can use what you can afford to lose to gamble, mind yourself not to get addicted also.
correct because there's a big difference on both side in order to make money.. And when it comes gambling its all about game of luck ,so we cannot make a comparison. Actually losing money is part of any investment but there's a way for it to win except on a gambling because on that way you're not sure if afterwards or in long term you can regain all your losses..lol


Title: Re: Gambling and MLM Schemes
Post by: molsewid on August 06, 2022, 10:01:58 AM
Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

Yes from what I saw, the only thing that they are similar is we can lose money but the reason of losing the money is not the same. In my own experience MLM is always apply in business, recruiting people to have a membership and downlines while in gambling there's no such thing like that, I rather lose my money in gambling than losing it in MLM where you only need to deceive people.


Title: Re: Gambling and MLM Schemes
Post by: noormcs5 on August 22, 2022, 07:25:42 PM
Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

Yes from what I saw, the only thing that they are similar is we can lose money but the reason of losing the money is not the same. In my own experience MLM is always apply in business, recruiting people to have a membership and downlines while in gambling there's no such thing like that, I rather lose my money in gambling than losing it in MLM where you only need to deceive people.

There is a difference in "lose the money" and "CAN lose the money".

In gambling, you CAN lose the money if you lost but there are chances that you may win a lot of money too if you have good luck on a day.

In MLM, you will definitely lose money and there is no other outcome of MLM scheme. Only the organizer of MLM may make a handsome amount.


Title: Re: Gambling and MLM Schemes
Post by: serjent05 on August 22, 2022, 08:22:01 PM
Generally, what they compared here is losing money although it should be obvious that comparing MLM and usual gambling doesn't make any sense and is not appropriate even how to try we compare these two. Gambling and MLM have different systems and way of winning/losing.

However, we can't deny the fact that most MLM is a failures that's why the risks are almost the same as people losing money in gambling.

Whatever our view, just be wise next time and study very well what investments should we put at risk especially joining MLMs.

Yes from what I saw, the only thing that they are similar is we can lose money but the reason of losing the money is not the same. In my own experience MLM is always apply in business, recruiting people to have a membership and downlines while in gambling there's no such thing like that, I rather lose my money in gambling than losing it in MLM where you only need to deceive people.

There is a difference in "lose the money" and "CAN lose the money".

In gambling, you CAN lose the money if you lost but there are chances that you may win a lot of money too if you have good luck on a day.

I agree that in gambling you can lose or win since the outcome of gambling is purely based on chance.

In MLM, you will definitely lose money and there is no other outcome of MLM scheme. Only the organizer of MLM may make a handsome amount.

Not all MLM can make you lose money.  Direct selling companies that take advantage of MLM can make their dealer get profit.  Direct selling often focuses on product selling so they always give huge discounts and promotional items monthly for their dealer or agent to earn money through product selling, if they failed to refer people for passive income.  Don't be mistaken between illegal pyramid company that uses MLM scheme from legit MLM company.  If you want to earn profit in legit MLM companies, hardwork is needed.


Title: Re: Gambling and MLM Schemes
Post by: molsewid on August 22, 2022, 08:29:23 PM
Not all MLM can make you lose money.  Direct selling companies that take advantage of MLM can make their dealer get profit.  Direct selling often focuses on product selling so they always give huge discounts and promotional items monthly for their dealer or agent to earn money through product selling, if they failed to refer people for passive income.  Don't be mistaken between illegal pyramid company that uses MLM scheme from legit MLM company.  If you want to earn profit in legit MLM companies, hardwork is needed.
But still, we can't compare both gambling to each other, yes we can spend money in both things and we can be lose more money than we gains. I am really not a fan of MLM since I don't want to talk to people and offer some business. In gambling, there's a lower chance you will be fall into someone's trap because you will play a game wherein you can do it by yourself while in MLM you need to be invited so that you will be under in one person.


Title: Re: Gambling and MLM Schemes
Post by: milewilda on August 22, 2022, 10:35:21 PM
Not all MLM can make you lose money.  Direct selling companies that take advantage of MLM can make their dealer get profit.  Direct selling often focuses on product selling so they always give huge discounts and promotional items monthly for their dealer or agent to earn money through product selling, if they failed to refer people for passive income.  Don't be mistaken between illegal pyramid company that uses MLM scheme from legit MLM company.  If you want to earn profit in legit MLM companies, hardwork is needed.
But still, we can't compare both gambling to each other, yes we can spend money in both things and we can be lose more money than we gains. I am really not a fan of MLM since I don't want to talk to people and offer some business. In gambling, there's a lower chance you will be fall into someone's trap because you will play a game wherein you can do it by yourself while in MLM you need to be invited so that you will be under in one person.
When you are just still a noob then you would definitely be having no idea on what MLM is and since someone do really offer something good like referral bonuses and perks but you do need to invite people inside the you wouldnt really care most of the time and would really be joining up without even thinking twice on how thing works or on how you would able to maximize it until in  the end of the line you would really make out some realizations that it wasnt worth but still this one considered to be an investment unlike when we do talk about gambling which is an activity which do connects out about leisure
but this isnt something that could be connected to investment and thats their main difference and this is why i  dont know on whats the point about making some comparison about this two
which is totally obvious.


Title: Re: Gambling and MLM Schemes
Post by: romero121 on August 22, 2022, 10:42:35 PM
Gambling can never be connected with MLM schemes. Gambling is entirely different, you risk your money to get back the return. With MLM you risk others money for your benefit.

With MLM if you weren't able to build the chain of referrals you won't be able to earn anything. You refer a person and that person needs to continue the chain. With gambling you refer a person and based on what he wager, you'll be provided with certain percentage.

Nowadays more MLM have existed with the name of cryptocurrency, it is time to be careful and stay away from such scam approach.


Title: Re: Gambling and MLM Schemes
Post by: agustina2 on August 22, 2022, 11:37:01 PM
If you want to earn profit in legit MLM companies, hardwork is needed.

But the question is, even how hard the work is applied and big efforts by the people who invested in MLM, still profit is unclear.

Therefore, these people can't take back what they have invested. Some can't even reach their ROI even how long they are doing efforts.

MLM is a form of business that is not worth to take a risks.