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Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.

Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.

Let's not always look at gambling from a negative point of view, for me, gambling is just like I'm delegating a portion of my money into something that could yield greater returns for me and since I can do my analysis on games and it works well for me, gambling is another way of making money with money.

You want to remain stagnant? Become scared of putting your money to work for you, the reverse is literally gambling.

I totally disagree with you on this. First of all, business is situated for profit-making; that's the whole essence of a business, and it's okay to be afraid of getting started in a business when you don't have experience yet; that's normal, but categorising gambling and business doesn't make any sense to me.
 
The whole idea of gambling is for it to be for fun and not a means to make a living; the earning aspect is just an added advantage in gambling, which many have turned into their primary objective of even getting involved in gambling.

Gambling is a means of entertainment and not a business that is guaranteed for profit in the long run when it is managed properly. No matter how good you think that you are in gambling, you will always run at loss so I don't see how your money is working for you.

Are you calling try your luck where you put your money into, then you are mismanaging your funds because you will be disappointed at the long run and this is why you should only gamble with an amount of money that you can afford to lose to avoid depression. If you continue to see gambling as business for you, you might end up becoming an addict which is the worst.

You are mixing two different things here: (1) gambling as a game of chance and (2) gambling as an everyday term used for risking money in the hope of higher returns. I think, to avoid ambiguity, you would be better off using "speculating" or "investing" instead.

Delegating money for investment purposes does contain some degree of speculation since no one can predict the future. But the odds are different from a game of chance, where they are heavily tilted in favor of the house due to the house edge.

The fear of failure is real and a major hindrance to many people. The danger of this is that anyone entagled in it will hardly grow because they will never do anything involving risk, forgetting that risk is present in every business in life. I think one thing I have benefitted from gambling is overcoming this fear and this has helped me in my investment both in Bitcoin and the real sector. I no longer the fear of being wrong stop me once I have weighed the risk that it is something I can bear.

You are largely correct and I agree with you. I view gambling as a business and not hobby, I expect to make money from it using my money. I'm afraid to lose the money because I play within my budget

if you gamble to have fun, there isn't any "fear" on that. No one is scared by loosing that money, like any other any hobby is any amount that can be afforded.
Moreover here you have an advantage. you can earn money on your hobby! If you think just few times you have this chance...
Of course people "scared" to lose money must no gamble at all...

Relating the other parts on investment and so on... always pays attention since these are similar but are not really the same, and most of the times investments should not be "gambling" of money ::) like buying risky tokens or hyped items...

It is a very thoughtless step to expect to win by spending your spare money on gambling. I'm afraid I have to disagree with the OP. Not always a started business brings losses. Here, calculation and a sober assessment of your knowledge and experience are important. There is no need for haste for business; it is necessary to consider all the options of how the started business can turn out, but to say that if you have no idea where to spend money, you need to place a bet sounds stupid. I know a lot of people who own successful businesses, but I do not know a single one who went, played, and won a large sum of money. Mostly, it is a trifle that is not a pity to spend easily.

You have created a topic where 95% of members here will surely disagree with you, one of them is me. So be ready to convince us the opposite or explain better your point of view.


Gambling is not a project to start or an investment for long term, gambling is all about algorithms that been created by the casino developers and owners, it is meant to make profits for the casino itself, if players are able to generate money and withdraw it, it means the casino will go bankrupt shortly.
It is way different than a money generator, even when you keep betting with odds lower than 2.00, you are not luckily to get profits in long term. When it comes to other games, the house edge will always make you lose if you keep playing.

You should be ready to lose your money once you start playing, compared to a good investment where in worse cases you are able to sell the project or the tools and get back your money or at least a higher portion of it. Gambling is only a matter of time before you lose everything to an algorithm that nobody can beat.

If I understand correctly you mean that even if someone chooses not to gamble they are still gambling in some way... that sounds like "even if you don't say/do anything it is still some kind of action".

Maybe some people wish to remain stagnant, but that's impossible... the only constant thing is change, but many people don't notice those things, we risk/gamble through life, and every decision (even little ones) can change the direction. So I agree with you that people shouldn't be scared of making a move (even risky ones), but a wise person will do research before making a move and that can minimize some risks. It's foolish to get into things recklessly, those who do that will lose more than the ones who think before doing something... I learned that on my skin, like many others, so don't be foolish and blindly trust in anything, try to be prepared and you will have higher chances for success whatever you do.

Are you saying that gambling = investing = business? I disagree with that. You can hire a professional to evaluate your gambling game. You cant make a business plan of your gambling game. You cant evaluate market (gambling market) to have a better understanding which game to play. I am saying that you can try to prepare and make predictions about your investment or business, but same thing does not work at all for gambling.

They are not wrong, you do lose money in gambling, and if you lose control, you can lose excessive amounts and it's not a good thing.


You can't compare gambling with a business or a startup, I know that some people might be afraid of investing their money in starting a business or startup, but that is because they know they aren't very good with it and they can waste their money. Someone who knows a business very well and does their homework before they get into it would never be afraid of it.


No, it's not. Gambling requires you to have a lot of luck to win and get some profit, delegating money in a normal business venture would require you to have the necessary knowledge and experience to gain success in it, and the rate of success in a business will always be higher if you are completely ready for it.


For the money to remain the same is better than losing it, if you want your money to be safe from inflation, buy some asset with it and keep that with you, gambling with it doesn't sound like a good solution to me for this issue.  ::)


How are the chances of winning much higher? We are talking about gambling here, the chances are always 50/50.


It's not about taking something negatively, it's about knowing the nature of something and understanding how it works in general.  :)

No, it's not, in gambling you don't have total control of the outcome, while let's say you put your money and you become entrepreneur, you can mitigate risk if let's say your business is not doing good. As compare to gambling that you can literally lost all your money in minutes, as quick as that.


There's nothing wrong to admit that there are negative effects of gambling in our lives, instead of making excuses. You just have to know the consequences and you know you to control yourself, you will be good. And obviously, don't become a gambling addict.

Comparing gambling to investment can be seen as an ideal thing to do but the chances of winning are different. The chances of winning in gambling are low and this is because it requires luck to win while in investment the chances of making a profit can be high if a well-structured investment pattern is followed and the right asset is invested into. What ensures profits and reduces investment is choosing the right asset which is easy and possible to identify after doing research. In gambling, no matter the extent you go into research you can't be certain of your picks. Because sometimes your picks that you feel certain of might end up being the worst.

They should not put some things which they came to the point that they relate the risk level of creating a business and gambling since its totally different.

If they afraid on gambling then so be it they should not participate on that if they are not really a gambler. Also for sure a afraid person would avoid gambling if they are scared of it. But they still find way to build their business since for sure they learn more valuable thoughts as business is more ideal than anything more risky situations they are going to participate in.

Also people should erase the thoughts that there's similarity of this since its far to look forward in terms of risk taking between two comparison.

Well some points are valid; not taking the risk won't give you profit, proper delegaation of money, losing in investments. However, gambling is different from investments. Risk is present to both gambling and investment but on different extent; risk of losing money on an investment is more manageable because there's cut loss along the way unlike with gambling wherein it is either you win or lose. Gambling is not a bad activity; it is just problematic gamblers which are contributing to this impression towards this industry. But I don't agree with delegating to gambling as something that will open greater opportunities, unless you are really lucky. Gambling is open for anyone but being victorious won't be happening to everyone, as I always want to emphasize to those who are having high hopes from gambling just because they saw someone won a big amount.

You're like comparing oranges and apples on this one. You are connecting 2 things that aren't meant to connect with each other. Yes many are afraid to lose their money in gambling, but to compare it to something like they don't want to start up a business or invest?

If gambling works for you and you make money off of it then it's good. Most of the gamblers don't make any money in gambling for various reasons. Yes, I agree with you that gambling can yield you greater returns, but what are the chances that it will really give you profit compared to the other ways like just investing into a business or just buy and hold? It's lower, and don't ever think that gamblers can make money through gambling just because you're making money on it.

There might be some positive things that gambling can give to a normal gambler, but for most, it's always negative hence, they see it a negative one.

It is not just a good idea to have an insight of associating gambling to investment as a gambler unless you are the bookmaker/developer who runs a gambling site such as the casinos for business where gamblers comes to play.
But seeing it as source of income dedicatedly where you can invest your funds to generate income is absolutely a bad ideal because in gambling we play for fun that is why we can only bet with what is affordable.

I barely gambling up to $25 weekly because I am trying to economize and managing my savings so tell me, what business can I invest with $25 dependently for a source of income? The money spent on gambling is assumed as one of the spare monies such as ones we spends on our leisures.

Investment funds is worth treasured to be managed because we expects to expand our portfolios through its income which gambling can never be a good source for it because it is unreliable instead we looses more than we accounts to profit.

You can imagine Investing on Bitcoin, inflation will actually come somedays to discourage you but when you keep accumulating and keep holding, you Will have a better chance to profit when the market is up but in gambling, you can not tell me to keep staking over and over without giving up with a false hope that I will hit the jackpot some days. Indulging in this is a dare and will end you bankrupt opting you to be in debts.

I think this is a revolutionalized way of seeing gambling and everything pertaining to gambling unlike in the past when it was seen as something only the few do. Although such thinking and ideas are still there rightfully but very many people have moved away from that for some reasons which I think poverty is part of it. People are now seeing gambling as a diversified income source and that is why you see married men slyly gambling out of the knowledge of their spouse because what actually matters to some families is to provide money in the home and so some men have taken to gambling. However, the focus of gambling has not changed. It is either you are going to win or you lose, so it is always good to bet according to how you can bear when you lose.

You have some valid points but then gambling is not like other businesses that has a lesser risk associated with it, let say someone venturing into a boutique business is not the same as someone who wants to venture into gambling but other words they are all business that one can do. The risk associated with gambling is very high especially the tendency to lose one bet compared to other business is not the same, in real life business the chances of losing money is very slim unlike what you said, so the best is carve out some percentage of money from your savings or salary to gamble with this it could be more easier for you.

Most people do not put business and gambling into one category but I understand your point. Both has risks and even if you learn and study as much as you want and possibly can, there are still instances that may lead to losses.
Know when to take that leap. Great risks sometimes give off great benefits.

Gambling is not a way to make money with money but to lose your money in the long run.
Yes, you can create your strategies by analysing the games but not everyone can do it.
Most of the people end up losing money in the long run and this is why you should not advice others to gamble just because you are making money from it.

That's true; the fear of the unknown has made so many people fail to take action even when there is a great opportunity to invest and make good returns. They fail to understand that there are always risks in everything we do in life. Every investor who made a fortune from business took high risk.


Gambling can be profitable or even make people rich, but it should never be seen as a business or investment. The probability of making big money from gambling is very small , that's why we need to be careful. You cannot use gambling as a hedge against inflation because you can lose all your money if you are not lucky. Investments like Bitcoin and real estate could be a better hedge.


I saw some threads in the scam accusation section, and it made me believe that gamblers can make money from casinos. Gambling is an interesting adventure when we can control our behavior. Having a gambling budget and gambling with what we can afford to lose is the pathway to a fruitful gambling adventure. Gambling shouldn't be seen totally as a means of making money because it could lead to gambling addiction.

I don't see the similarity launching a business is very different from gambling, on launching a business you do a feasibility study, hire the best people in the business and have a projected goal and profit, something that you cannot do on gambling because its luck dependent, there is a luck factor in business but so much depends on how you know the business and how motivated are you in running it.
You have a misconception about gambling; the house always wins because of its edge. There is no higher way of winning in gambling; you cannot connect the process of setting up a business to betting in gambling and have them think it's the same.
What works with you does not mean it will work for people and makes it a fact that gambling is never another way of making money with money; this is bad advice, and you only advise this to people with a lot of money that you hate.

While others are making a decent income out from gambling, but majority of the gamblers are certainly not profiting and are losing in the end. So you cannot tell that money will work for you if you gamble it, because if you keep that kind of mindset, you will not only lose your funds, but you will end up mentally and emotionally broken due to stress from losing consistently.

You can gamble with luck and make a good amount, but it’s only rare to be lucky in gambling. Most of the time you are at loss. Although it’s not bad to gamble, but at least learn to gamble responsibly by gambling only on the amount you can afford to lose.

I cannot find a way to compare it with business. Somehow there's money coming back when you create a business while there's none in gambling. If you lose all your money then it's gone forever, while in business you will still have a chance to redeem a part of the invested money by selling the products at a cheaper price so that you could at least recover some of the money that was spent.
That cannot be done in gambling, you are just taking a high risk to try and win high profits which rarely happens. It's pure spending not investing and there's a chance you might lose it all in a snap. Sure, there's this perspective of taking the leap because we need that if we want to start something but I don't think it's similar with gambling.

Is gambling an investment? No
Is gambling a reliable means of making profit? No
I don't know where you are getting this idea from though but I'll assume you might have been lucky to make some good cash from gambling that why you are trying to make it look as easy as you said. Gambling is not an investment. If you want something good and reliable that can yield you profits in a long term then find a business. Gambling is something we do to play the odds and try our lucks. You cannot compare it to a business where you know that your money will return to you either ways with or without profit. So long you make sales and have potential customers you will make profits. But in gambling, profits isn't guaranteed. You can make alot from it today and it will take lot more from you tomorrow. Don't mix up the two things and get it complicated mate.

Those that are scared to gamble aren't the same with those that are not wanting to do a startup business. The fear is there but someone who's been an established businessman would probably be scared of gambling because they know where it can lead them.

But I get the idea about a gambler who's a risk taker, they're really easy to do business and invest because they don't mind to invest because they've been a gambler and once a gambler, always a gambler so forget about the risk and they'd free to take that anytime of their lives.

Let's understand people that does look negatively on it, their thoughts does makes sense although they're not inline with us. We gamble because we can take the risk and we know how to handle it. But for them, they base their thoughts on how they've seen the effect of it through someone.

       -     It is said that if you are notA risk-taker playing gambling is better not to play gambling in the casino because you also have no benefit because you are weak.

But if you are a risk-taker, you can play gambling because, win or lose, you will receive your heart freely, and that is the usual thing that responsible gamblers do.

Well, that's in your own opinion, and maybe gambling has actually been so beneficial to you, and that's why you feel it's just like putting your money into any other kind of business. 

If gambling is the only way that one has to invest, majority of people will not do it, just as many people are not doing it. They would rather keep the money to themselves than risk losing any bit of it in gambling when they (as non-gamblers) cannot benefit anything from it. A non-gambler doesn't see gambling as having fun but as taking risks with their money for profit, which is not guaranteed. Gambling must have luckily profited some people, while for another person, it was not really as lucky as they predicted, and that's to say, gambling is not just a source of income to depend on. 

The difference is that investing money in a particular business sector produces output in the form of goods that have value (plus or minus value remains in your hands) while gambling has absolutely nothing physical that you can hold, cannot be controlled and cannot be moved. So gambling has a different realm like you throw money into the air and let it scatter.

scenarios in the context of entrepreneurship can be evaluated and improved, developed depending on how good you are at managing it. In gambling there are only two options, win or lose completely. but in the context of entrepreneurship you can stop the operation and continue whenever you want, including limiting losses.

The categories of failed investment and gambling have differences and I don't think I need to tell you. This is common for ordinary gamblers to be able to distinguish them. If you still feel it's the same, it means your gambling journey needs to be expanded a little.  ::)

I remember there was a thread like this, since @OP is a signature participant, he should aware with that thread, I don't understand why @OP didn't learn from that.

Thinking gambling as an investment is really weird, there's no guarantee you will profit in gambling. Investment is a way to grow your money for some period, instead of hitting a jackpot or short term. If you're making money in short time it's gambling, trading still need time, futures trading is also nothing different to gambling.

Nah, mate. Gambling is different from business. Gambling is entertainment, a hobby, and might lead to addiction. It's not an investment. Sure, you can make a ton of money in the shortest possible time compared to business, but you also need a ton of luck to do that. Business is different. It might give you an ROI depending on what your business is, your target customers, how you handle it, and many other factors. Sometimes, it takes time before you can get an ROI, but it often provides better benefits and profits in the long term.

Scared money, brave money, there are no such thing.

I don't understand why people are always try to find "reason" when someone is failed or loss, including absurd reason. When someone gambled their money, there's no scared or brave money, money is money. Same to patience, superstition etc etc, there are no relation with luck in gambling.

If you make money in gambling, it's good, if not then it's what it's.

If you say that as a saying above, for me it is very risky and wrong, if you know that gambling is a game based on luck, It's clear what you are suggesting is very messy, be careful recommending people like that, you could be a target for those who are frustrated when they are stressed about losing gambling.

Son, we have eaten a lot of money, making money, it's true, many people do that, business, investment and others, the fact is they succeeded, 1-2 of my people failed, general gambling failed, 1-2 people succeeded, remember that gambling game, You know that in games there are winners and losers, secondly, no one knows for sure, your fate and luck know that, remember, gamble with your financial capabilities or gamble with your side money, don't gamble with your salary or passive income, you could be driven crazy.

It's funny what the OP says because in poker, at the lower levels no, but when you go up a little level, the one who knows how to play wins pots thanks to the fear of the opponent. In general, fear is not good and neither is it good with investments or bets, but do not confuse fear with being foolish. Playing crazy roulette as if to prove to yourself that you're not afraid or something is a recipe for disaster.

It's understandable when someone gives their reason for not starting up gambling because of the losses it incurs but adding it up to business or investment sounds stupid because in business what someone should look for, is the profits to accumulate from the business or investment they plan to start up with, not the losses because in business, profits are higher than the losses but in gambling we have the losses higher than winning.

Having said that, someone who gave their reason not to start any business enterprise of their choice because of losses to encounter is not ready to take risks in life. Wealth is far from them.

In life generally, someone should be ready to take diverse risks to be successful because they don't know the exact one that will make them more successful in life

And this is why to bet the min on any game is just a waste of money and time, that was my conclusion after some years of gambling, if we have $100 balance is better to do 50 bets of $2, or 100 bets of $1, than making 500 bets of $0.2 because if we hit a big multiplier the goal is to make money with it, but $0.2 on x100 only pays 20, not even close to the depo amount, in fact, it's only 20% of the depo amount, that way we will never get to the profit side.

I don't think that's good perspective, comparing investing the money has been idle on your bank account with startup and bet with that money cause they are entirely different. See gambling is not a way to make money and it's not depends on skill, just the luck whereas business purely depends on your skills and effort.

So don't chase money in the wrong path, it doesn't take too long to bust entire balance if you're not lucky so it's just better to be stagnant than taking risk with my luck.

I don't think gambling and business or entrepreneurship should be in the same context, gambling is basically a prediction of an event and how the end results of that event will come out to be, however in predicting the results of that event, you will have to stake your money in line with the prediction you've given, more so the results can go either ways, it's either you win or lose. Meanwhile business or entrepreneurship as you may call it, involves buying and selling of goods and services either in the market or a choice location for profit making.

If you check at the risk factors involved in gambling, is higher than that of opening a business venture, of course businesses can collapse if not well managed, but that collapse can mostly happen in a rare occasions compared to the frequency at which some gamblers lose their money.

Mate, I have to disagree with you here.

Gambling in all its context, is not a investment. Unless you talk about bankroll investment, which is not gambling per se.

If you are gambling you are playing your luck and you have literally no logic behind how you are investing and on what basis you are expecting a profit. It is pure luck and losing money there versus losing money on the stock market is much different. There are similarities too but gambling is never like a startup or entrepreneurship.

This kind of thinking is always a problem if it is money-oriented in gambling, such thinking will not be effective in gambling because gambling is not for making money, especially if you play in games that are based on higher luck, I think you will get a bad disaster if you think about gambling can give you money.

Think of gambling as a place where you have fun, where you will get entertainment by spending money there, then if you get lucky and you get a lot of money, it's just a bonus because you've played such thinking will make you wiser in spending money on gambling, which in fact luck is a thing that is the basis for you to get a win at gambling.

You need to differentiate between investment/business and gambling. People may be more comfortable delegating their money to investments/businesses, because they see the potential there, they see how they can make a profit when they run the business, and they have various strategies that they can use to make the investment/business can succeed. Meanwhile, in gambling, when you put your money on the gambling table, no one can guarantee that you will win the gambling, even if you have a strategy but it may not work since the house has a bigger chance.
So don't equate the situation when you put your money in gambling or in investment/business, because even though both have risks, gambling has higher risks and we can't compare it with "gambling" on investment/business.

When it comes to life then everything would really be needing up that certain risks on which it would really be that understandable that you wont really be able to obtain or reach something if you wont really be trying out to put up some risks on which of course not all would really be having such consideration. Speaking about business/investment into gambling or simply making up such comparison, then it would really be that understandable that
gambling is really that for leisure and its not something that would really be worth for you to consider out on taking up some focus on spending up money just because you are minding about taking risks.
If we do tend to compare into investment or making up some business then it would really be that much more worth to try rather than on focusing on gambling.

There's a huge difference among the two if  you do really make out some indepth understanding on how things works and on what are the advantages and disadvantages of it. Even thinking up only into its
real usage or purpose then you could be able to point out on which one is better with just that making use of your own common sense. This is why if you do really meant out on
trying out to make your life way more better then it would be wise on focusing on business or investment if you would be taking up some risks. Gambling is really just that indeed for leisure nothingless.

To start with, gambling isn't an investment.. you don't have to make such comparisons ...why? That's exactly how you come up with baseless fact like this one... Running a business ensure a certain level of certainty,..one of which cannot be gotten from gambling. Take note!
okay... I think I'm done reading a wall of crap post like this one. I'm wondering if you came back afterwards to read this? Gambling is not, and can never be the same as entrepreneurship... I'd advise that you look up for the meaning of the word GAMBLING, then I'll get back to this post .

When we are afraid of something, it means that we will be more careful and this is a good thing, because there are things that we need to think about many times before we do them. In the case of gambling, we have to be aware that we are going to play with money that we can afford to lose and that we are playing for fun and not because we intend to make a profit. Let's say someone has $1000 in the bank, this person doesn't know what to do with the money, so he researches ways to increase that money and finds investments in stocks, bonds and sees a website talking about gambling and also in the real world people advise him to do some business

In this case this person should first listen to people in the real world, he should research the real world business, then he can research investments in stocks and bonds. But he should ignore the website that talks about putting money into gambling to make a profit. When this person wants to get involved in gambling, it should be to have fun, just like when people are working hard and have vacations or free time and go to the beach or a club to consume alcohol or watch a football game, they are paying to have fun, and that is what they should do when they play.

This is a wrong thinking people might think that you really can make money from gambling, you never connect, or making it appear that gambling is investment , it never was and never will be, even those who are good in gambling will not make a statement that gambling is also a form of investment.

You should read the terms of casinos, they will tell you that should not expect to make money from their platforms and you should be comfortable with your losses, you better change your mindset because it could lead to big losses in the future.

Not all fear is terrible. You should be clever with your money, according to your gut. Gambling isnt about getting rich. Fun is the goal. Like a show, you pay for the excitement and pleasure. Knowing your limit is huge. Respect yourself and your family. Gambling shouldnt be hard. The choosing should be entertaining and not affect your finances.

That $1,000? Consider it your amusement budget. Perhaps you gamble, visit a performance, or take a lovely trip. Happiness, enjoying life, and not worrying about money are key. You rule. You choose how to spend money and time. Make it count.

If people are afraid of something, I don't force them to do it especially when they think it will make them lose money and I don't make them think they don't understand how it works. Gambling you are seeing, it requires more than just money and if you don't have it, you will only lose morr money and it's very wrong to compare business and gambling together, they both are not the same because the risk involved is not the same thing.

In business, you can run short of your money depending on the business, you can make small profit or small loss depending on the risk but in gambling, the moment you delegate that money, don't ever expect anything from it because the risk involves will see it as if is forgone, you only see the money when your prediction matches what you had in mind but in any business you invest into, your mind will always be there unless is a scam businesses. If people are afraid of gambling, it's because they are afraid it will take their money from them.

How professional are you in gambling to make profit with all your bets because most people who Gamble does not win and at this point how sure are you that the money you save in your bank or anywhere else would make profit for you if you keep losing them and gambling. Alternatively gambling is not the only source to make money but it is also the fastest way to lose one resources therefore, you shouldn't think that gambling is the easiest way to make money why because many people are scared of going into gambling because they all have this mentality that gambling create a way for losing money even though they are earning from it but not as the losing whereby someone can lose heavily without even gaining them within a week or one month interval.

Implying that you make money when you gamble lol.

Regardless of if you win or not, eventually the money you're gambling with is gonna dry up, whether you accept that fact or not. It's what you do with the money that really matters most. If you're going to call me coward for cashing it out early, or playing my cards right and only gambling below my means, then so be it, at the end of the day it's not gonna be me who's going to make posts in this board talking about how they experienced revenge gambling for the first time or on set of gambling addictions or whatever you delude yourself towards nowadays.

Don't be too sold into this "scared money don't make money bs" when you're gambling cause this only works on investing and setting up businesses, ventures that you take with the primary prospect of expanding and increasing your wealth. Gambling doesn't apply to this cause only idiots assume they can make money out of gambling. I'm gonna be real with you guys.

I would say also the opposite applies, let's keep things balanced. You may call it fate or karma if you are believing in the supernatural, luck, superstition etc. but really it's also mostly chance if anything.

People who take excessive risks and are careless are just more likely to lose everything and reach ruin. Simple laws of probability state this and there's nothing defying provability.  8)

And that's why you start playing with money you CAN lose. I wouldn't honestly compare it with something related to entrepreneurship though. No matter what, your chances are always the same regardless of how you feel with your money or not. It's nothing lost nor is there anything actually gained with you buckling up and deciding "All right, let me spend my entire salary to gambling instead of investing" lol. Gambling isn't anything negative yes, but the way you handle and think about money can be.

That's why gambling is gambling because there is a risk of losing money, and the future player has a fear of something new and this is absolutely normal. It is worth remembering that the level of income is completely different for everyone and even a $10 bet can be significant money for someone This is where the fear of losing comes from. This is the norm.

Yes, we do have different perceptions of things on which there would really be those people who would really be that afraid or scared on dealing up  something on which it could potentially make them lose money instead of earning. So just let them be, because we do know that there are ones who do really want to play safe and never tend to take up the risks even if it means that they would really be that holding their money .
Just like on what others been telling earlier that gambling shouldnt really be that getting that being compared to those usual investment or business approach on which we know that risks taking up on a certain individual into this kind of space is something worth when it comes to the risks that putting up into, in compared when you are really that trying to deal up with gambling then it would really be that a different risks selection.

If you have decided to be that idle or just sitting up without doing something because you dont like to risks then its your choice but if you are really that wanting to have a life on which it would really be something
progressive.Then it would really be just that right that you should really know on whats the risks involved with these things before you do make out such engagement so that you wont really be ending up on
being that highly reacting on the moment that you been able to experience something.

Literally, everyone is afraid of losing money. Even the people that you see gamble everyday are afraid of losing money but there is no alternative to it than staking the money. You have to give it to be able to make it in gambling and because the risk is very high that you can keep losing consistently if you are not skill and when luck is not by your side. This is why alot of people don't want to have anything to do with gambling but I'm not sure if that's the same excuse for business, the concept of business is different from that of gambling.


You are funny, you can't force people to gamble if they don't want to, it's what they want. If they are afraid, then so be it and if they want to play, it's their choice. It's not like you will give them money to wager or make give them winning strategy. Some people see gambling as even stress and no matter how you sugar coat it, you wouldn't be able to convince them to try it out.

No, I cannot agree with you. It's true that both gambling and other activities like investing or starting a company carry a degree of risk, but these are not similar. Saying that they are is like telling someone that starting a fire to grill some sausages is the same as burning a house, just because both instances produce heat and both will allow you to grill some sausages in the fire.
Gambling is far more riskier than investing or running a company, just like driving a sports car on a track is riskier than driving a semi to the nearest store.

Sorry OP but this man is right. The saying that goes “ The House Always Wins” well it’s right! You can’t expect to turn chance into investment, that’s just a pipe dream. Same with the term professional gambler! I mean unless you’re playing like legitimate poker or black Jack it’s no real profession. I think even for those guys it’s just a hobby anyways

You can add sports betting as well, as I believe this belongs to the skill-based type of game. Therefore, you can consider it a profession, as in the long run, you'll be able to master it. Actually, what makes us lose in the long run, or they say that the house always wins, is because of the house edge. But if we could eliminate that house edge in sports betting, I think we could achieve profitability, as we are already in a game with a 50-50 chance.

This might be tough for some, especially those who are betting on low odds, but for those who bet on underdogs or slight underdogs and see the real value of the odds, they'll surely be profitable. Lastly, we have to remember that quality bets are more important than quantity.

The fact is the investment is not the money used in the gambling,the investment is the money used to buy the asset.Like the money used for the trading of the cryptocurrency,sometimes the investment on the stock is also the investment.But some of the gambling people consider the money used in the gambling also the investment.It should be avoided to consider the gambling using as the investment,the gamblers should ready to take the profits or loss of money used in the gambling site.The money used in trading will reduced to the small percentage,but the capital investment to the trading is rarely loss.So it was better to use the money in the investment compared to the gambling which had some risk of losing the full capital money.

Those who are scared of losing their money in gambling is not  gambler.


No it's not the same, it's not like investment or entrepreneur i context, although in life there are thing that is similar to gambling in terms of risk and the unknown. They are totally different because in gambling, you should treat your money as if you already lose it, hence "gamble the money that you can afford to lose".


And how much you spin gambling, it has some bad and negative points from religion, to society. I think we gamblers knows this and we have accept it. But still we gamble so that we can have some fun and then win some money. And if we are lucky, maybe we can become millionaires if we hit like a lottery.

I disagree with the idea of delegating your money with the context of gambling, we all know that life is all about taking risks to grow, but they have to be responsible risks, like starting up a business or something lucrative, but gambling doesn't guarantee multiplication, I had a terrible experience when I was in my third year in college, I was scrolling through Twitter and I saw people flipping their money on gambling and making a lot of money, all I had was 100k which was for my fees, I had to multiply it because it was the only thing I had in my account, I finally decided to place a bet with it , to cut the long story short I lost the bet, so much for taking risks.. I don't see gambling as a means of investment although People benefit from it

That is true and you should not be considering gambling as a way to make money, unfortunately too many people do that and it is going to just end up being a terrible situation for a lot of people. I think the best way to go forward with this would be just focusing on how to make it work, there isn't really any other way to keep it going, we need to just make sure that we are going to end up with a good return in the end, we could make that work somehow but it is not going to be that easy.

What we need to do in fact is to make sure that we are dealing with something that is going to take some time, and because of that I think it is going to be causing a lot of trouble for people.

If you keep on being degenerate with your money then you are going to end up losing way too much money with what you have, and that is going to cause you to lose plenty of headaches as well. This is why it's much better to focus on how you could do fine and find some job to make money.

Any job would do, because believe me, if you have a job, and income, then rest will come easier after that, plenty of people don't have a job, so when you got one, you are ahead of a ton of people, then all you need is growing from there.

It is funny if people afraid to use their money to gambling but suddenly they decides to gambling because of a curiosity. Their fears will be gone because of their curiosity about gambling. That can makes their curiosity bigger than before and that makes them gets addicted.

That is normal if you look gambling as a negative point of view because they see that happens to other people. They afraid to lose money in gambling so it is better they don't try to playing gambling. That will makes them sad and can't accept their lose.

It is better to use that money to other things such as investment. But before they do that, they must research so they know what they do and not make a mistake. If you really want to playing gambling, you must use the money you can afford to lose so you will not becomes too sad when you lose in gambling.

By your definition, gamblers don't have that problem of being scared, because otherwise they wouldn't be gambling.

But gambling has really nothing to do with investing, because there's no house edge in investing and you can base your investment decision on several different things which don't include winning. It CAN be because you see growth potential and want profits, or votes and dividends of the company (if we are talking about stocks), or you want to support the project that's doing something you believe in ideologically and want to own a part of it (again with stocks, not crypto).

Gambling has more similarities with speculative fast-paced trading (especially with futures / leverage) and crypto, where there's a change for losing your budget fast or making huge gains. And if you want huge gains, you need to take huge risks, or with small risk, but you need to be extraordinary lucky that way.

In the opening post, the author of the topic compares gambling and business. This is a very interesting comparison, but how legitimate and fair is it? I would say this: these are very different things that have little in common. What unites business and gambling? Of course, it is the presence of risk. But the risk in business and gambling is different. First of all, it is worth noting that in gambling there is such a thing as a bet - you bet some money on the outcome of some event and if the outcome of this event is unfavorable for you, then you lose money. In business, this is not always the case. For example, you can sell your services. Let's say you are a hairdresser. There are no bets in your business, you just cut people's hair for money. The only thing you risk is your time. You may not have clients and then you will not have a salary. But you will not lose anything except time.

it is something that seems to be familiar. indeed, everyone does not like it when the money they have is lost, but when they hear that there is a multiplier that they can get and the big win makes the fear in their minds disappear immediately and as a result they gamble because they are curious, for one gambling maybe it doesn't matter if you really want to satisfy your curiosity, but what must be avoided is when you have lost and are still curious, of course when there is an incident it is no longer to satisfy your curiosity.

what you said is right, if you really want to gamble, you should use money that is not used for anything else. such as pocket money that is free to be used for anything. it is not recommended to use savings and there is no logical reason to gamble desperately. besides, if the purpose of gambling is to make money, maybe it will only disappoint them because losing money is something that is certain to happen, most likely.

No one likes on losing money and this is something which really makes someone do really become that impulsive or really that getting stressed just because they hadnt been able to anticipate those loses. It would be just that normal to take up some risks because every decisions that you do made in life would really be having that corresponding level of risks on which we know that not all would really be risks takers.

On the moment that you do deal up with gambling then never ever make yourself that having those thoughts that you should really be that making it as a source of income or making money.
Putting up your money or risksing it on business or investment is really that a whole lot different if we do speak about it in compared when you do deal up with gambling.It wont really be needing up yourself
on thinking up too much in comparing both things.Gambling is indeed for entertainment as a we do all know but there are really people who do make themselves delusional on the time or moment
that they do find out that they arent meeting up their expectations.

Gambling and businesses or investments aren't comparable things, you can't compare gambling with investments or businesses that people can start with their money. Gambling is all about luck and nothing else. You may get some success and earn some money if you are into sports betting and have a lot of knowledge about the sport you are betting on, but that still can't be compared with a business that you set up because once a business starts running successfully, you don't need to rely on luck to earn money from it.

A business requires hard work from a person, and the person needs to understand everything about the industry before they get into it to run the business efficiently without facing any problems. You don't need to do anything of that sort when you are into gambling, all you need is luck and that's it.

So, I don't agree with whatever you said about gambling being just like a business or a startup because these are two different things altogether.

One thing you need to understand that it is not everybody that must gamble and if people are scared of going into gambling because of the fear of losing money it is better to go into gambling playing in a manner which you won't be able to control yourself.

 With what you are saying it sounds as if everyone must be a gambler, even in businesses it doesn't work that way that  everybody must be a gambler.  Gambling is a game people must accept with free will and not to go into it because other people are playing it. Their must be a good planing and understanding before going into gambling because it is a game that can't be predicted.  The reason why some people do have some Challenges with gambling is because not having a better understanding of it.

I agree with you partially. Though, I would like to point out there is a very big difference in investing ones money from actually going out ones way to gamble with it. It is true with both gambling and investing there are chances to get a good profitability, but it is more the percentage of yield and the percentage of risk to expect from the investment or gambling. With gambling, there are changes of very huge multipliers (and profits) but those changes are very thin and unlikely to come into fruition. With traditional investments one can get moderate profits and the percentages of completely losing the capital are lower.
There is a reason why business people are seen in a different light than those who actively wager on casinos, there are different kinds of activities if you watch closely.

Anyone who is not ready and willing to take risk Is liable not to grow in life. Because life is all about Risk, the moment we try to understand that without risk we can not explore or know new things. I believe that risk taken is one the thing that build up a person. The amount of failure is the out of build up that makes us y be who we are today,  so we should not afraid about risk of lost, because not guts no glory.

Like I said earlier, there is no point of being afraid to take risk. It's good to explore into something than becoming an enbordenmen to yourself by not making a move or taken a bold step. What causes this kind of thing is wrong speculation and listening to advice from people who don't have the type of zeal you have.

I will have to disagree with you on your statement, gambling may seem similar to building a business or investing, but it is different, and this is because when you invest or you create a business there is not a house edge against you which is holding you down, so the chances of succeeding as long as you prepare yourself can be quite high, while when it comes to many gambling games your preparation does not matter, since there is not really any way for you to to profit form those games regardless of what you do.

participating in gambling is all about courage and I know quite well that if you don't have a mind you can't participate in gambling that is why it is stated categorically that people who is supposed to involve themselves in gambling is people who is a pensionable persons or workers so that whenever they lose in gambling they will not be depressed or take it to heart so probably someone who is upcoming and is not ready to risk in order to get more it's not supposed to involve itself in gambling because gambling is all about risk and most of time the risk that is involved is higher than they advantages of benefit you get from gambling so someone who have a phobia is not supposed to participate in gambling not knowing fully but it might lose what it stakes

If people don't like losing their money, they should be able to take care of their money properly. But that is gambling which can seduce all people who playing gambling and spends all of their money without fear. And because of their curiosity, they finally use their money to gambling but lose that money.

Losing their money are not make them realizes that gambling is too risks to them. They will wants to revenge their lose in other days using more money because they thinks that can helps them to recover their lose this day. Their curiosity makes them lose a lot of money but they still don't realizes for sure.

Gambling can gives you a chance to make money but you should not force yourself to win. Winning in gambling is not easy and you must not risks too much money to gambling. You must use the money you can afford to lose and that is the key to enjoy the gambling games.

Judging from the standard point of view, I must say that there is a big difference between gambling and doing business, because when it comes to gambling, you are at risk of either losing your entire money or double it depending on the odds, unlike when it comes to business or investments whereby you are at risk of losing just only a few percentage of your capital. Fear is necessary in life, as it is that which makes a man make drastic and calculative steps, so for that fact that a man is scared of gambling, doesn't mean you can't be good business men.


No, it's not the same, and can never be the same, because just as entrepreneurship is the act or process whereby an individual is able to identify a business, venture into it with willingly, readily and with the necessary knowledge to bear the risk by itself, unlike  "Gambling" whereby an individual just only need luck to succeed in it.

Certain people might endorse venture capitalism as gambling but it is way beyond that. One needs to do their background research on projects, their feasibility and a lot of factors to be able to put money on a new project and they get shares or stocks in return which they can eventually sell in future and so on. In gambling you have nothing to hold on to once you have placed your bet, you either lose or you win, there is nothing in between and literally no way to make your money back without risking more.

There may be similarities to venture capitalism but it is not the same. If you think money is idling around, put it in a fixed deposit or invest in a casino's bankroll but dont play on the casino.