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Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

No one should see the money they are using to gamble as an investment fund. It should be seen as money that you want to use to have fun. Just like you can go out with friends during weekends and spend little amount of money. That is how you should see the money you are using to gamble. It will also let you know that it should be a very small amount of money which you can afford to lose.

It feels lighter if we treat it as an expense because it’s easier to move on when we lose as from the very beginning, we already accept that the money is likely not coming back. That’s the meaning of an expense, right?

But if we treat it as an investment, we might end up spending too much time and effort trying to experiment and chase success in gambling, forgetting the reality that the chances of long-term success as a gambler are very slim.

Gambling isn't really an investment tbh especially in a game where you are clueless of the result or maybe relying too much on luck. It's far from investment but if you're talking about a real investment especially in crypto, there is a risk, but it's not a gambling because there is certain assurance that you can win due to analyzing charts and such. I think this statement is being formulated because of gambling and crypto as a topic but yeah, like what I've said, it's far from it. Gambling is really different, you can instantly lose a lot of money because you're clueless to it and no idea how things work.

It's an expense. Nothing else.

It's not an investment, treat it like one and you'll end up like those addicts that constantly find excuses for themselves. It's an expense, think of it like a hobby, and hobbies sometimes (or always) require to spend some money on them. That's how I see things at least, I prefer to be blunt and honest with myself rather than find excuses to gamble. Things can easily become expensive if you don't have a budget or self-control.

Really isn't an investment means it still have an element of investment in it. Gambling is not an investment. That is just what it is. Even if a gambler have a clue of what could be the result, he may be wrong and lose. Less than 3 to 5 of gamblers are losing which is the reason people should know how it should not be an investment. People can not be investing on what they are losing money.

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It's far from investment.
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That is just it. Gambling is far from what can be called investment. It is not an investment. Stupidity and getting towards gambling addiction will let someone think it is an investment.

It’s always an expenses since gambling is a source of entertainment not a financial tool so there’s no way it can be considered as investment or else this is a very risky investment that can be considered as meme coin investment and so on.

Gambling games has a house edge that is high enough to make players successful in the long run.

Investment gives you flexibility and fixed profit with less risk while gambling is purely based on luck which means there’s no certainty that you will actually have profit.

It’s always an investment until it’s not, lol…

I don’t think there is anyone who gamble without the hope of winning. Even in an event where the risk seems so overly taken, you still expect only what’s imaginable to happen out of the blue and get you that win. The fact that you hope to win means, you actually took your chases with an investment.

When you lose eventually, then it becomes an expense. You don’t get to think much of it and you get the fun out of it if you’ve got a good sense of humor.

It is neither an expense nor an investment. It is just something for fun.

After all, you can make good money but you will definitely lose that money.
It is just a fun thing where you lose money, that's all.
The only people who invest in gambling are the casino owners. They buy slot machines and offer them to the gamblers.
Investment is exactly that. It is not an investment made by the gambler.

Lol who  uses gambling as investment, investment is normally expected to yield a return somehow and that's the aim...
You don't &shouldn't gamble with such  intentions , you should gamble for fun and expect mostly nothing in return.. if you do then consider it your luck and yeah most people don't gamble for fun normally but only gamble with the money you can afford to lose talk more of taking it as investment ..that will be somehow dumb  as it not something you can hold as a real investment  imo.

I never heard someone consider gambling as investment, no guaranteed returns and the possibility you'd become addicted, which could lead to frustration. This is the reason why I think other people keep gambling and think someday they're going to win huge, but the fact is it should not be thought of gambling as an investment.

So it should be consider as expense just for fun because we're spending money for entertainment purposes.

The money I spend on gambling falls under consumption expenditure. I don't expect anything in return for it; I spend it just like I could have spent it on anything else if it wasn't for gambling, and if I get anything from gambling that's considered to be a bonus – something the casino rewards me with for playing with them and spending money too.

It is not clear cut for me. There are sometimes when I approach gambling with an investment mindset but I recognize that it is not truly an investment. Both gambling and investing involve risk, but with investment, I have some control over the outcome its success often depends on my efforts. In contrast, gambling is entirely uncertain even if I only wager what I can afford to lose as a form of risk management. I would only treat gambling as an investment, is if I collect money from people to "teach" them how to gamble, give them betting signals for a fee. Otherwise gambling, it is just an expenditure.

Expense or investment? Wrong framing, my friend. It’s neither, it’s an experience. A transaction with risk, reward, adrenaline, sometimes regret, sometimes self-revelation. Labeling it expense turns it into loss; calling it investment adds delusion. Most gamblers aren’t investing. They’re chasing sensations, probabilities, control in chaos, and sometimes, just sometimes, escape.

You can’t spreadsheet that.

You think in ROI, but what about emotional ROI? What about the cost of ignoring your intuition? What about learning curves paid in blood and dopamine? The market gamblers, the poker players, the degen traders, they’re not just throwing money, they’re testing beliefs, testing patterns, testing themselves.

Sure, sometimes they call it investing to justify it. Other times they call it an expense to rationalize losing. But under all of it, it is a very real interaction with unpredictability. Not everything that costs you is an expense. Not everything that pays you is an investment.

Sometimes you lose money and gain clarity. Sometimes you win money and lose your grip. So, what do you value more?

Expense. I swear anyone who thinks it's an investment needs to go see a therapist because they need some help lol. And no, it's not just simple expense, it's just a sub section of that mainly expenses used to have fun and enjoy yourself. Gambling should NOT be anything more than that. Well I guess it can be, but only if you're filthy rich. If not just let it be like that lol

I do not see the using for gambling as an investment rather a money using to have fun and if the fun generates additional funds then it's a plus to me, but however Even though people directly consider gambling as investments then I will say it assumed that the approach the gambling as investments and that is how they sees it from their own angle and points of view. Realistically,  gambling should be treated as a game of fun rather than investments because investments in gambling doesn't usually gives birth to profits as when we needed it through gambling ways rather it comes as probability.

Gambling is a part of entertainment, gambling is never an investment and should not be seen as an investment. Gambling requires a very limited amount of money to be used, and that too for entertainment because gambling can lose you money at any time. Although investment is risky, there is a guarantee of investment because in terms of crypto currency, Bitcoin investment provides a lot of guarantee, due to which invest is much less risky, but gambling is much more risky because gambling is completely dependent on luck and money can be lost at any time, so gambling should never be seen as an investment.

Therapists they need indeed, because anyone in their normal senses shouldn't consider gambling to be some form of investment where you put in money and expect something in return. From the way gambling is programmed, it's supposed to be used for entertainment purposes and not the other way around; the risk involved is too much to even try to give it a second thought.

Well in some cases i think we can consider it as investment since it can generate income most times, because we get profited from gambling most times. And there are some people out there who became rich through gambling. Not that they take it as thier source of income. I'm talking about those set of people that win millions in gambling and most of them was wish enough to use the profit to invest into something that can profit them both now and as well in the future, But to be realistic gambling is not an investment since luck play all the role.

You are right, sir. Gambling should be treated as an expense, not as an investment. However, I am a little bit confused maybe you can help. There are two kinds of users, one comes just for entertainment, and we can categorize him in the expense section. The other user comes to earn from gambling, and he is trying again and again but can't stop. This means he is coming for profit. So, do we classify him as an expense type or an investment type? As you mentioned, chasing the winnings without looking at reality, the second person is also doing the same as you described. Can we categorize him in the investment section, or can someone truly invest in gambling or not?

The money used for gambling shouldn't be classified as expenses or investment until at the end of our game .so it is at the end of each games,that we can say for sure if it is an expense or if it is an investment.if it happens to be successful we can say it is an investment since it has yielded profits however if it is not successful them we can classified it as an expenses.so we can only make considerations at the end of each games.

When gambling the real amount I use for gambling is set aside from the miscellaneous expenses because when the budget for that is exhausted i quit gambling for that day since I have set a limit in bankroll for myself without interrupting the drawn out budget, the money for data and other online fees comes under miscellaneous expenses, which budget covers any other further required expenses online and otherwise . In setting your bankrolls for the month precautions need to be taken so that no one should affect the other in other to avoid cashless ness or out of funds.

Not necessarily. While expenses represent money spent by a business, many of them are essential for generating income and can be considered investments.
However, gambling is completely different, expenses in gambling are just that, expenses. No outgoing funds in gambling should be considered an investment.

I want to identify spending money on gambling as an expense. Because there is no opportunity to call gambling an investment. What we understand by normal investment is that if someone invests, he will get a sure profit from it. It may be less or more, but there is no certainty in investing money in gambling. Either he will not get the money, or he will lose the whole money. That is why I can consider investing money in gambling as an expense.

Another reason to consider gambling as an expense is that since it is uncertain, there is a possibility of loss. If a gambler accepts the loss and gambles, then it is more suitable for him. That is, the effects that are caused by the loss start to decrease. The gambler is able to gamble without pressure. But if he considered gambling as an investment, he would regret the loss a lot, which would never be positive for him.

Whenever I gamble, even before my money is lost, I've already moved on. Although my goal most often is to have fun while hoping to make a profit, I would neither be sad nor worried when I get home with nothing. Having said this, I consider money going into gambling as expenses.

In the first place, that money is an extra, a surplus, money that could be lost. So even before it perished into thin air, I've already bade goodbye to it. After all, to go gambling is to lose more than to win.

Gambling is never an investment and never will. Gambling is not an expenses too as our expenses should be our needs..
Gambling is fun and sadness to us, we should list gambling on ouir wants. we dont need fgambling in our life but this is what we want.
the joy and the excitement we feel when doing it is really amazing but it will cost us a lot.

I consider it as an expense even though there is a chance to get profit but it is not a certainty unlike investment where you can calculate the return that will be obtained. However, expense in gambling is different from business, in business you must need expense to get profit where that is the purpose of business but expense in gambling is not a certainty to get profit.
But if there are those who consider what is used for gambling as an investment, it could be that they are not players but casino owners or affiliates.

EXPENSE!

You are using up a fund on which it is really that out of your budget specially for important purposes. Its never been that an investment but rather its a thing that gives out thrill and fun.
It will really be that up to you on how you would really be that making out such adjustments on the funds that you are really that using into it. Its not really that bad on spending up money
on gambling as long that it would really be that in moderation because people do usually mess up their lives just because of that wrong spending of their funds into gambling. Its not really that bad
to gamble as long you do have that limits. Investment does give out that opportunity to earn income, while gambling will really be the best way on spending up money on the fastest way.  :)

Unfortunately, it turns out to be expenses because it often and on an average doesn't generate proceed (I won't say income directly for some reason). If you gamble, you are actually investing for output or outcome which is suppose to increase the amount which you have invested but most times when you calculate how much you have put in gambling and compare how much that has come in, you see a deficit.

Therefore, it is an investment that has not yielded dividend. Investment because of the intended proceed (income) expected but not realized in most cases but for those who have consistently made profit from it, it is an investment.

Well, investments are meant to grow, but not all investments "grow", so they become expenses.

If we are talking about sports betting and poker I guess you can try to "invest" some money and test your knowledge, analytic skills, and luck. The approach is very important, if you devote more time & energy to that anything can happen. With a good set of skills you can raise your chances, but it's still gambling and a lot depends on luck.

Let's not even talk about slots and other lucky-based games... "Investing" in these games is playing against all odds, some of us see some fun in that, but I guess we are aware of how risky these games are. :)

Moreover, it seems more reasonable to consider the money we use for gambling as an expense, but the expense here is a personal expense of course, for example, I have a salary of around $ 100 and it is used to meet my daily needs and if I consider it as an expense, maybe from every fund I receive, then there must be money for gambling, but it shouldn't be like that either, we can prioritize other things first and if there is money left over, it can be used for gambling.

You are right, gambling has more losses than wins, so discipline must be strictly enforced so that there is no excessive behavior in doing so.

Gambling can be an investment if we are an owner of casino or we are an investor on the bankroll of casino, but as gamblers we cant consider gambling as an investment. Gambling is simply an expense for gambler where gamblers need to spend some of their money in order to play gambling games. No matter what kind of gambling we play including sports or poker where skills are involved, it cant be considered as investment but I wont blame people who consider people who consider gambling as investment as long as they know what they are doing.

I treat the money I used for gambling as an expense. I never thought that it was an investment because I used the money to having fun and if I won, that was just my bonus. If you think that is your investment, that is not a problem because you think you can win the games and get the money.

Playing gambling using money so if you lose the money, you can not generate income. That is not an investment. The investments are meant to grow while in gambling, you can not always win but you could lose more often if you are not careful. So it is about how you can understand the mean of the money you use to gambling.

Coming from someone who makes hundreds of dollars every month, if I can tip my gambling bankroll with little amount of $2 every week how is this even something to have a discussion over? If I have to invest on anything it won't be $2 investment from hundreds of dollars I earn every month end.

I know what gambling is capable of, understanding what gambling is all about is the beginning of wisdom, you can get twisted or deceive by your own mind and all these is due to your experiences of gambling, but if you have little to no expectations, nothing can go wrong as a gambler.

Investments is where your hard earned money should be going, not in gambling, whatever is left in your reserve after paying your bills and buying food stocks and investing for the month is what's left for gambling, it should always come last.

Any responsible gambler will know that gambling funds shouldn't be seen as investment because gambling is not a business. Rather gambling funds are better seen as expenses because it's money that you spend without any guarantee of making profits. Gamblers who sees gambling funds as investment will most likely be using huge amounts to play games so that they will be making huge turnovers. If the wins or profits is not pouring in they'll be chasing loses to recover and be profitable, overtime they'll become addicts. Gamblers needs to have major sources of income so that they'll not depend on gambling wins to survive or a means to invest for their future.

Does gambling yield profits as investments?
For instance; Bitcoin yield profit while gambling does not yield profit at instant moment or for a long duration so, to me I can't clearly classified gambling as an investment rather I can take it to for fun and we shouldn't for one day think that gambling is investment because the profit does not come so sure unless when luck is shine on you before you could secure winning. And I agree with other people who said that we shouldn't treat gambling as an investment because it is not a guarantee business that you must receive profit at ending of the business so whatever thing that you can never receive profit at the guarantee way it's never considered as an investment otherwise we can say that is a just a fun game where profit is never defined.

Why do you ask this question, OP? Isn't it obvious that gambling money are an expense? What kind of investment is spending money on luck-based games(some of those games might even be rigged)? The gamblers, who think that their gambling activity is "investing" probably have the lowest IQ and I wouldn't waste my time arguing with them.
You are right about expenses not generating income, but I wouldn't call gambling profits "income". Gambling profits are just money that you won because of your luck. An income is money that you've earned via work or via investing.

It would just be ridiculous to me to view the money we put into gambling as an investment.

Investing and gambling are 2 different things so we can't equate this in terms of money either because different goals must have different results so why force the will to equate something that will never be the same in the end.

It is necessary to realize that when we consider the money we deposit in gambling as a form of investment I think we will actually see more about gambling which makes us unprepared for the losses that occur whereas a gambler must instill the nature and belief that even though it is about luck but loss is the greatest probability and we cannot consider it as if it is an investment where we continue to deposit to gamble as if the future we will get the results of as a form of profit from the deposits of several years that we do. That's too naive for me and they only look at what they think is a good source to suggest themselves to make deposits continuously without feeling wronged.

Writing or recording expenses in gambling is not a mistake and it can be a very good thing as a reminder for us and a reference that we use as a benchmark for the expenses we make in gambling. But equating this as a form of investment is clearly wrong because even though there are several approaches in different ways, we still cannot equate gambling with investment because it will not find any correlation even if forced.

We don't need to make it seem like everything is related just to assume that what we do in gambling is the truth because in any case in this case I think that people who consider and equate investment and expenses in gambling are just like a defense where they want to gamble with a nominal amount of money that is not too controlled but they don't want to accept the risk when losing money and assume that it is a defeat in business (investment) not gambling.

You are very right about what you posted. The money that a company used to acquire something is called expenses and the main reason the company acquire that thing could be because of generating income. The money that I spend on gold, business and other investments are expense but which my intention is for them to generate me money. Also the money I spent on buying food, personal care and on gambling are expenses but not investment.

even though we dont like to say it the way it is, the money used in gambling is invested. Whether you are gambling for fun or not, what you are expecting at the end of the day is to get a return from the money you have used for the gambling which is more like your returns on investment. expenses dont yield a single return but gambling can yield a return that can change your life for the better. the extent of risk might be high with gambling compared to the usual investment we do but both come with the normal expectation of returns from the gambler or investor. This is not to say that I am suggesting that the mentality of a gambler is the same as that of an investor or that a gambler should put too much in his gambling budget because he looks at it as an investment, but about returns, there is no much difference between the two.

What do you mean by "expenses don’t generate income"? if you want to buy or pay something which resulting cost, it will be recorded as expense. You hire employees, you will need to pay their salaries, which be recorded as employees expenses, you hiring employees must be have a purpose to generate income right?

Gambling do cost your money, since the purpose of gambling is for fun instead of making money, so it will falls to expenses.

If you have a company and employee people, not that the company just came there without you build it or buy it. The money that you used to build it or buy is an expense, but you build it or bought it to generate money for you. That is another example.

If you pay money for anything, that will is an expense, even if it is not an investment. Investment is an expense. Expense is more than investment.

I consider it expense with a chance to double your money if you are lucky.

Look, it cannot be called as an investment and the reason is the details of your explanations. We should not take seriously the money we used for gambling because that might only hurt us in the future. An investment on the other hand can be fruitful if we wait. Our money could really grow there and if ever it loses we can still pull back a part of it and save it for the next investment that we will make.

I have never considered the money allocated for gambling as something I can invest. Of course, I understand that it could be better if I did not lose it, and just left it in HODL in some cryptocurrencies or shares on the stock market. But the player never knows what awaits him in the future, because the player always has inside him the hope of winning, which he can get here and now. This is what attracts gambling, that money can be won today, and many players do not want to wait at all for when investments can bring them income, in a year, two or more. By the way, many of the players also think that the market may collapse and then they will lose their profits for many years, this also scares off players.

In that regard, I can say that my occasional gambling is really at the level of expenses, not as an investment. Now, if the opportunity comes that I feel lucky while playing at the casino
and come home with a winning because of gambling, I can say that I am really lucky.

Because most of the time when I play gambling, I always lose to the casinos that I play most of the time here in crypto gambling.
But to other gamblers, they treated it as an investment and I don't know how they can say this.

I consider it as an expense. Gambling is just a hobby for me same like doing topup in video games. When I buy a game or purchase someting inside like a skin for example, it is an expense that I allot from my budget.

Even if there is profit involved to it like esports betting, I don't consider it as an investment since the chance of success is greatly determined by luck.

Neither of two.

For me it is not an expense because I still some profit ^{thought a small one} after more than five years ^{excluding my two years long break} of my gambling endeavor.

It is not an investment for the reason that my bankroll is not so big to make sure epy tangible benefit shows.

It is more like the chance to have some spare money for a couple of beer pints.

An investment is guaranteed to generate income or give you a larger value of your capital, whenever you gamble you aren't always sure of getting anything back so it's more of an expense. If I have 200 dollars in my account and I decide to take out 30 dollars to gamble, that money is already lost because the outcome of gambling is 50/50. Most people that gamble will tell you that they spend on gambling, they don't benefit as much as they spend. So it's an expense and liability to you. People say it's an investment because they play safe but it's not.

Theoretically I consider the money I put on gambling sites as expense but every single time I'm trying my best to analyze or devise a strategy so that my return would be in profit. There is always an intention to grow that money and withdraw more than I deposited. I have successfully turned some gambling into an investment making some ROI for some period but when you bust, you bust bad losing a lot more than you have earned. Sports betting may look a bit different than casino games like dice but if you gamble long enough, you realize they are basically the same.

It's an expense when it doesn't give you any good outcome but an investment when the amount that you invested yield you more money. Gambling isn't an investment as the outcome from gambling is mostly you losing than you making a good profits. Investment are suppose to be things that you buy and hodl for years like Bitcoin and not something's that you can lose all the money you invested as soon as your prediction goes wrong.

You can also lose like that if you're trading but trading and gambling is different because you can study and understand trading that you don't make mistakes but gambling isn't like that and you can't understand gambling. There has not been anyone that has understand gambling that he won't lose if they're gambling because gambling is more of luck than experience or studies.

We as humans live in this world not only to eat, work and sleep. But we as normal humans need entertainment or pleasure to avoid ourselves from stressful thoughts.

So I consider the budget for gambling not an investment but only a small expense for entertainment. Maybe someone will say wouldn't it be better to use the budget to go on vacation or investment? I will answer not everyone has time to go on vacation to find pleasure and regarding investment, I already have another budget to save.

So don't worry as long as you can manage your finances well and set aside a little money for gambling that you can afford to lose.

It may come under expenses but for entertainment, because if someone considers that his gambling expenses are included in investment, then he is quite wrong, because gambling is not an investment since it is only based on luck and some strategy. Putting it under expenses is more appropriate, so that one can calculate how much money he has spent on gambling and from there he can see whether his gambling can give him some money or not at all.

I consider this type of money an expense as that money most of the time will go lost in vain and very few times you will win something from gambling. The reality is that very few persons consider it an investment because most people know the reality is different and these only people who may call it an investment are professional poker players sponsored by different casinos and also streamers who do get the same treatment from casinos as they are also sponsored. Everyone else who thinks that gambling is an investment is someone who clearly does not understand gambling at all.

I consider gambling to an expense. When I gamble, my main goals is to receive a portion of entertainment, feel risk. That is cheaper than do base-jumping when I want to tickle my nerves and tempt fate. Gambling is never an investment for me. I only invest my precious time in it :D It might be an investment, if gambling can be analysed properly and scenarios can be applied. But, since it contains a factor of random and luck, it is never an investment for me.

Seeing gambling as an investment is a wrong approach that could cause more harm than good. The outcomes of gambling are highly unpredictable, so it cannot be a dependable source of income. I consider gambling as an entertainment expense. Just like one spends money on Netflix subscriptions, buying snacks or sports tickets, gambling expenses are strictly for entertainment. Gamblers should consider investing in assets rather than seeing gambling as an investment.

For me, gambling will never be an investment, and in general, for whom can it be?) Probably, it can only be an investment for the owners of gambling businesses. On the other hand, of course, I understand that my lost money over all this time could have brought me a good income if I had invested this money in the right financial markets. But we are where we are now, and time cannot be turned back, but what we can do now is draw the right conclusions. For example, the fact that I want to make more investments today than to play gambling is exactly so, but I am not ready to completely give up gambling either, although I allocate a small part of my income to it and I think this is the right decision.

Gambling can never be an investment because, you are losing to the casino and there is no guarantee that you will recover back your losses. Talkmore, of making profits. Expenses..it is but not important because it is not your need. You can gamble or not, it is left to you.

In fact, I use a portion of my alternative income to fund my gambling. In that case, I use a portion of my discretionary income. I think that's what every gambler should do so that they can have some amount of entertainment along with some reward without any reduction in their real assets. I consider losing money in gambling an expense because it is part of my main discretionary income. In fact, gambling should not be compared to other businesses because it is considered to be entertainment and most of the time, it is considered equivalent to paying money in exchange for fun.

I prepare to lose the money I allocate to gambling because I think that this amount of money is not for myself it is part of the money allocated for entertainment.

Its a pure expenses without hope, you are the customer when it comes to gambling and you have to pay your hard earn money for it. Bookies are the salers, you have to pay to play, either you win or lose is not. Such spending without guarantee is a wasted effort.  That is why you must always play gambling with your spare cash that won't affect your business or one self.

Investment money is more you key into a venture with the hope for long plan achievement, in investing you can spend much of you money and expect good return in future, just like buying Bitcoin and hodling it for long. in Gambling nothing is certain is a 90% /10% , your chance of losing is just 10%, while losing is 90%. such stuff can't be describe as investment.

Gambling should not be seen as an investment at all because it can be one. No one can even earn a living in gambling day to day, then talk much of when it is considered as an investment.  If you have in mind to put money into gambling just as an investment you will be tempted to lose more money. Money that should be use in gambling should be something you don't really need or amount of money that you can easily afford to lose. Gambling is a game that is can't be predicted, since it is not certain it doesn't make any sense for anyone to see gambling as a way of investment.

Investments are the funds I allocate depending on my basic needs, and I am more likely to choose them if my budget is not quite right. That is, certain circumstances arose where I had to spend more than planned. I always define gambling as a way of entertainment, along with shopping and buying unimportant but interesting things. I am ready to spend money from time to time just like that, having some bonuses from my main job, but I am not yet mature enough to consider games as something that can determine my future, and I hope that I have enough sense not to think so.

Money for gambling is not an investment regardless of the profit I still consider it as a bonus and an expense that is below the principal. The point is I always look for money to gamble from unexpected results such as airdrops and giveaway bonuses. It may sound unpromising but so far I have done that to save the principal finances from being disturbed.

What I think is that this is yet another thread in this section that fails to distinguish between skill-based games and casino games, which have a House Edge, so the question is pretty silly. For the former, it makes sense to think of them as an investment, while the latter are more of an expense, especially in the long run. Talking about an investment in something with a negative expected value makes no sense.

I consider it an allocated expense without an expectation of profit. There is no way, and many have tried to make gambling a way to make money because the house edge will always beat you.
Yes, there is unexpected profit to gain, but it's not something that often happens, and you will be blinded if you think you can do it again and again.
In the gambling industry, only the gambling operators, promoters, and affiliates are the ones who can make income from gambling; if you are a player, then you are their cashcow.

There is probably no definite answer to this question. On the one hand, this is an expense, because you consciously spend this money, "buying a chance to win" while experiencing the excitement. On the other hand, investments do not always pay off and are also very risky. I don't mean conservative investments. Another similarity is that even if we consider our bankroll to be a non-refundable expense, we still hope to win. This is also a kind of investment.

Based on my personal feelings, I tend to consider this an expense rather than an investment. I'll explain my point of view. Because most of the time we don't get a win for these expenses, but satisfied with a sense of excitement. Feeling is not a profit.

It is very inappropriate if the money used for gambling is considered as an investment because in gambling our chances of winning are very small so we will definitely feel very disappointed if we always lose when playing, maybe it is more appropriate if the money we spend on gambling is ordinary shopping money because even if we lose it will not make us depressed because when we consider it as ordinary shopping money it makes us ready to lose when we first want to start gambling.

I think most gamblers are unlikely to see gambling as an investment, it is very unlikely to be realized with consistent profits, and if we look at it, gambling has a very large risk, more risk of loss than profit, it will end badly.

The disappointment of losing will not be painful if we see it as an expense, but on the contrary, when we see it as an investment and experience losses, we will consider it a failure that can cause stress.

For me, gambling is one of the entertainments that helps to get a release of dopamine and adrenaline quickly and inexpensively enough, moreover, without leaving home. Therefore, in my situation it is not possible to consider gambling money as an investment. With a high degree of probability I will lose the money I deposited on the gambling platform and return to gambling again in a couple of weeks. This approach allows you to not only get the dopamine and adrenaline rush, but to stay away from gambling addiction.

I believe that gambling is too risky for it to be considered an actual investment. Investments usually have to be profitable over a long period of time. But we know that in gambling, over the long term, losses are more likely to occur.
Don't expenses should also help improve the business and therefore help the business generate profit? There is only a small section allocated for what is considered expenses that do nothing for the business.

On a positive note, if you treat gambling as an investment, your approach naturally becomes more serious. I also don’t think losses should feel painful if you’ve learned to discipline yourself, because from the start, you already understand there’s always a possibility of losing. The mindset of someone who sees gambling as an investment is different, they trust their skills, stay focused on their strategy, and aim for long-term profitability rather than just chasing short-term wins.

Definitely not an investment but I won't even consider it as an expense too, because it is something that we doesn't necessarily to spend our money. Can be considered as a lavish need when we got money and are desperate to spend it somewhere for example, a lap dance. :D

I never expected the money I used to bet to make me rich, there's slight thought but not just go with that thought alone it's just some adrenaline that involves when we do that.

Not an investment but an expense. A money that's good to go and I won't be thinking of it once it's gone.

Gambling is hard to treat as a business because the stability here is not likes of having a business. While there are gamblers who treat it that way, it's a no for me.

And that's why money that's for gambling is considered as money gone, and if I recover it successfully would I won't be spending that much again. But if I fail, I stop there.

This is really a trick to find out those who claim of gambling for funs and not profit but on the Contrarily they are the profit chasers all the ways as they gambles.

Well for me, there are certain nature of games that i am fun of playing without expecting profiting which are featured slot games but for football or any other sport games, i am honestly not seeing fun of it so I chose to bet for profits there instead.

So as your question implied OP, for the game of fun, I bets on expenses but for the side I set vision of profits, I bet for investments which I am curious earning profit in returns.

However in all being gambling a game of risk and luck bearing, I basically stick on gambling with my spare funds which I can afford to loose just for fun and when the profits is not coming.

It is an expense because you are putting out money. We all know that gambling is not a need because we will be able to live without it. This is why some do it while some don't. It is not exactly a necessity but it is still a want because it entertains us.
It is more of a wish rather than an actual thought that this is where you will find success and wealth.

Of course, I don't consider it as investment fund. I set aside funds for fun, which includes gambling if I still have credit in my gambling account, then I will not make a deposit and leave the fund for future use. I can't think how gamblers can consider the funds they deposit to casinos for gambling can be considered investments. When you lose the fund, there is only a small chance of it coming back from winning. That is if the amount you win can cover all your losses.

I automatically consider it an expense because I don’t expect anything in return; it’s just a payment for entertainment. The goods that I am acquiring are the amount of happiness I feel and just entertainment enough with Gambling that it’s the one that I am expecting already. There’s no return on this, so it’s not an investment.

People shouldn’t consider themselves as investors when it’s about gambling. That’s just my opinion on it.

I won't call it investment since over time it doesn't yield profits for you on its own. An investment should be something that's profitable over time.. gambling as we always say is for the fun of it. If we can't take gambling as for fun, then I don't see that there's anything else It should been seen as. I can it an expense since when we gamble, making money from it is from probability and luck. It's an expense because you have no guarantee that money will be coming back. And when you finally exhaust your funds, that's the end of the fun for you..

Gambling should be most times considered an expenses;an entertainment expenses as it's a kind of leisure activity.Just as we're seen going to clubbing, partying, and attending cinemas, money spent on gambling is never an investment.
In rare cases,some gamblers would consider it an investment because they're equally putting so much skills and efforts so it yields further profits for them.Personally,I consider gambling as a waste due to its unexpected losses and unpredictable nature.

And here it comes to be called as part of your extra money on which something that wont be included on your investment or savings fund or been included into your expenses since this isnt really that a mandatory thing. When you are really that gambling then it will really be that best that you should really be that making use of an amount on which you can afford to lose or something that talks about extra money. Dont think any reasons in regarding about this being investment or expenses because it wont really be that including into this one. So you wont really be that making yourself having any problems when it comes into financial. When i do gamble then it is really that totally that random but i do make sure that the amount being used is something that not included on used for buying up family needs and other priorities. This is what you should be having in mind so that you wont really be finding yourself having those common main issue of most gamblers. Once you have lost it all then dont make even further more deposits once you have lost and call it a day and never chase up your loses because on the moment that you do it then loses will be that even more deeper. The main mentality of someone is that once they have lost up that earlier then they might be able to become that profitable on the next rolls that they do made on which this is a very bad mentality.

I treat the money I use for gambling as an "expense" as I don't expect any profit from it, but if I am able to gain profit from it, then that is good. Anyway, I feel like treating the money you gamble with as an "investment" could be a bad mindset to have, I mean, as you mentioned, investments are meant to grow, and if that "investment"(the money you gamble with) keeps losing, then you might become frustrated as you gamble more and lose your "investments" that should be growing.

I can never fathom on how gambling can be considered as an investment. It is actually more of an expense given that there is absolutely no guarantee that you will profit after you engage into such activity.

To explain, an investment is a form of allocating money, resources, or any tangible asset with the expectation that it will accrue value overtime. An expense, on the other hand, is the act of spending on a given thing, act, or service. Gambling can never be an investment given that there is no money that will accrue its value overtime. It is absolutely an expensive since you stake your money with the hope of winning.


I agree with your statement.

Gambling can never be an investment even if you win tons of money in the process. The very definition and essence of an investment is contradicting to the nature of gambling- like two worlds which are compatible with each other.

Me and my friends have tried to make gambling an investment; we tried it on horse racing, but we failed miserably. Even in luck-based casinos, the odds are very high to make it your own cashcow; even if you study how to analyze all the factors, there will be a point where luck or chances will ruin your momentum.
Gambling should never be your option to make an investment. If you take a loan and state that you want to invest the money in gambling 100%, you will be declined by all loan institutions.
Even your best friend will not give you a loan.

such a great question.

i consider it an expense, cause if it were an "investment" it would have some basis. like if you buy some stocks or crypto, there is generally a company behind it and you trust them. you "invest" in them, actually. you are investing because you think the work that company does is great, the idea or something about that investment is "worth investing in".

but in gambling, i always consider it an expense, simply because there is no "investing on something".

you can say "i trust the team!" or "i trust my bet, isn't it a thing?" but i don't think that there is a real investment. if you think that hoping that 2 cards add up to 21 is an investment, you should also consider the lottery as an investment.

I don't consider gambling to be an investment because I lose more than I make money from it...An investment multiplies your capital and there are just few or no risks involved..if you carry out an experiment you'd know that gambling is nothing more than an expense, go into your bank app and find out how much you spent on gambling last month, if it's low check January and if you can maybe Previous months, you'd find out that you've actually spent more than you gained, that's an expense, you don't need anyone to tell you that.. people who try to make gambling an investment end up as addicts.

Depends on what I am wagering on. If I am playing dice, that’s an expense as I will definitely lose in the long run because the odds are always against me. If I am betting on an undervalued stock, which has good earnings, then the odds are with me and I will probably be making money in the future as I am seeing something in that stock which most people fail to see.

Different games, different situations, different expectations, different outcomes.

If you play a game where you are always at a disadvantage, you can’t expect to win.

No matter what people say, even if they try to call their gambling an "investment," at the end of the day, gambling is still gambling. I hope you understand what I mean.

For me, gambling has never been an investment. If you're sure you're going to win, maybe then you can call it an investment. But if you're not certain of winning, it's nothing but gambling — not an investment.
But we can do investment in gambling by investing in house, its like you're putting money on casino. Like you're playing against players.

To me I think gambling can be an investment and at same  time an expenses reason because sometimes or most times we spend money and don't get anything in return as a profit and sometimes we spend money and get back something as profit so apparently it is an investment and also an expenses but now the measure of it differs with individuals because some people make more profit than loss while some people make more loss than profit so people who make more loss will see it as expenses.

First of all I want to clear you that gambling is not really an investment in any way. You are investing in a place where you may get a good return later or if the money loss is temporary, the loss is likely to be recovered later, but gambling is a different story. If the gambler loses once in the gambling game then the entire amount of money that the gambler had bet will be lost there will be no chance of getting that money back. Now if later the gambler can gamble more money and win it is a different matter but the loser never comes back. Gambling is generally considered to be one of the most basket-filled games. It is always advised to those who do not have enough knowledge about gambling so that they first have a good understanding of gambling and then start gambling as this will reduce their financial risk a lot.

Of course, once a gambler is always losing in gambling is totally a big expenses. Though you can not be always losing in gambling and be seeing it as an investment, is a capital NO. However, I think when someone would only consider gambling as an investment is when you are experiencing too much winnings, although even as that is still difficult because gambling is more of losses than winning.

I don't consider the money I allocate to gambling as an investment but rather as an expense. I know that there are people who considers it as an investment but if am close to anyone that does that or I finds out that my friend is doing so, I will discourage the person from doing so. The reason is because investment is not supposed to be something that people should depend on luck for their ROI, it should be something that we must me certain that we are expecting a decided reward at the end of the investment period if the risk if the investment does become so bad. Investment has risks but most of them has low risk, not as bad as in gambling.

If you gamble for entertainment you should also consider the money that you are using to gamble as an expenses because you are not expecting anything in return when you gamble. You have already said it all that in business expenses doesn't generate any income.
But if you are gambling to make a profit you will consider the money that you are using to gamble as an investment because you are expecting profit from it when you gamble.

I consider it an expense that is meant to entertain or just have fun, and it is the same as going to a bar or a nightclub and spending a few dollars. Gambling is a place to spend money and not an investment that can grow money, and what you have to realize is that no matter what the reason is, if you really realize the winning percentage in gambling, you will lose more than you win and that is where the investment is. Maybe when you win in the long run, you consider it an investment without realizing how much you lost before.

Treating gambling like an investment is going to turn you to a delusional addict, there's no need to chase such because you will only end up on the losing side. Gambling is just an expense to you because the outcome is unsure, that bet can either be successful or lost so you can't really call that an investment. There are people that strongly believe that there are systems in gambling that can constantly make it a profitable scheme but they end up losing money. It doesn't matter whether you gamble for fun or Profit it's going to be an expense to you.

None of the above, money I budget on gambling neither goes into my expenses budget nor investment budget. I classify it under recreation and add funds associated to gambling under my recreation budget. I see gambling with the same disposition as having beer at the bar, going to watch football or visiting the park. It's not a valid expense and shouldn't be seen as one neither is it a source of income and shouldn't be placed as an investment program.

Gambling is for fun and recreation and we ought to treat it as one and not as a serious concern.

I consider gambling money as an expense fund, I understand that I can get some profit from gambling but that is also only when I am lucky, meaning the reason why I consider gambling money as an expense fund is because there is no certainty of winning, the point is we must have a different perspective on gambling funds and also funds for investment, both are indeed risky but there is a significant difference in them which is the scenario for getting profit is different, gambling depends on luck while investment depends on your knowledge and skills, treating gambling like an investment will only increase the possibility of disappointment and regret.

At first, gambling is seen as fun not for profit purpose and when making budget for gambling the money is seen as expenses but in most cases, it generates more funds when there is a turn of event in the favour of the gambler. In situations as this, people would see it as an investment because they have the mindset of gambling for fun hoping to win their games and sometimes it works for them and sometimes, the reverse is the case but I will say that it is better to gamble for fun than gambling for profit because having such thought would definitely give way for addiction if the gambler does not take caution.

How could it be an investment, you invest in assets and gambling is not that. If you take gambling to be an investment, you will get a heartache most of the time, because you will hardly get any return on investment. I like to see gambling as putting money into something i like doing, without really expecting anything in return, and if i eventually get something in return, i am glad i did.

Realistically, we are supposed to treat all gambling related money as an expense, because since the moment we deposit the money onto the casino, there is absolutely no warranty we will get out money back and the risk associated with gambling is far greater than the risk associated with traditional investments.
So, I believe it is more responsible for us as gamblers and as adults in general to avoid treating those deposits on casinos as investments.
The only way you can invest in a casino is having some stake on the bankroll of the house and slowly see your money to grow through time.

I treat the money I use in sports betting as an expense, I don't look at gambling as something that would give me any profit. Most of the time when I'm betting, I've had more losses than victories, so I've started to look at gambling as an expense, I only put in a small amount of money that I can afford to lose and that way I don't get sad when I lose.

For me I would say gambling money should be classified as expenses and not investment. Because investment is to put your money in something that would yeild you interest in a short or Long term, but expenses are money you spend with or  without something in return. Let's just say that gambling expenses are just expenses you make and hope it comes out and if it didn't come as well then there is no problem. It is otherwise known as a risk amount.

I don't consider gambling an investment, but I would love to dream of a situation where gambling could be an investment. Unfortunately, this is not possible. You can only invest in the gaming industry itself or, for example, in a casino bankroll. But how do you invest in a game? This is only possible in theory. If you have a reliable gaming system that allows you to win against the opposite side of the bookmaker's money line, then you can probably try to use the accumulated money to play against the other side. But this is not a real investment. It is more of a resource spent on the game.

There are two different ways of gambling. In one way you`re playing for fun and spend your money for it. You can get some profit, but anyway it is like a ticket on a football match - you spend money to get emotions.
Another way is when you in the game for profit. It is much more difficult, but is possible. Here you must have a strategy, count risks, bets, work with bankroll, etc. In such way it can be investment but it is really not for common gambler.

I don't take gambling as an investment and I will never do such and the reason is not hidden, gambling is an activity that is based on luck before you can be able to earn money from it and it's a waste of capital to put your money in any thing that is based on luck. If I actually took gambling as an investment, then I should have been spending all my wages on gambling but I don't, my allocation to gambling is just the amount of money that I don't mind losing and it's already considered as an expenses.

To be honest, i never believe in skill or strategy in gambling, except for sports betting that can be analyzed and calculated, the rest is purely based on luck, especially when playing SLOT.

Just a personal opinion, i'm sure every gambler who has lost in gambling, must experience feelings of upset and anger, no one is okay if they lose, even if they have an allocation to gamble.

While investing in crypto alone, when our portfolio is minus, we must be upset, no matter how good the project we invested in, no matter how great its potential in the future. That is normal, the most important thing is that the reaction that arises from these feelings does not make us feel bad.

It's already obvious that every amount we used in gambling can be considered as an expenses, because losing is always higher than winning. Gambling can never been an investment because there is no possiblity of winning, it's more about losses almost everytime, so gambling is not an investment at all, it's necessary for us to always gamble with the amount that we can afford to lose.

Why would anyone take gambling as investment when your winning is not even guaranteed. Gambling has nothing to do with investment because it's just ordinary risk to make money from betting. You could gamble now and the next hour, you are in profit while the ext person could do the same thing and be in huge losses. Gambling is not for those that don't really know what gambling is all about. There are lots of things we need to understand about gambling that will ease us from thinking that it's an investment.

It's very simple money for gambling can't be seen as an investment funds or anything like it but rather it should be seen as a spare money or let's say a reserve money meant for just that purpose. We all know that gambling money isn't something we can hold on to for long and for me I can't necessarily do something tangible with my gambling earnings if at all I had one, rather I'll spend all in the name of having fun cause that's the role it plays nothing else.

Yes, I consider any amount I set aside to gamble as an unrecoverable expense such as money I can use to buy a bottle of beer or even throw off without feelings attached to it, that is the reason that I never expect to win at any point while gambling.


But when I hit a jackpot and discover that I won a huge amount, I will set aside a tangible amount as an investment like holding them in Bitcoin instead of withdrawing the Fiat equivalent.

You made a very good point mate, just like as you said that expenses are money that you spent without any guarantee of getting profit from those expenses you made. And that's the truth, because the outcome we get when gambling is not always guaranteed. While in investment you can at least have a like hope of getting profited even if it is not within a short term, maybe in the future that's depending on the kind of coin you're holding.

Usually I don not assume that the money that I spend on this gambling is who I spend. Because it is done without a specific plan or purpose, where there is more likely to be damaged than profit. It’s basically cost, which is usually done for pleasure or for excitement. And investing is an activity where there is the possibility of profit and proper planning, and aims to increase the price in the future. Two things are completely different to me. I enjoy it only because of gambling for fun or entertainment.

It is expenses bound by risk. You cannot compare gambling expenses to be an investment even if both has to do with taking risk. The risk taking in any investment is that skills or efforts by the management will be put in but in gambling it is only luck that can make you be on profit. The chances of being winning in gambling to losing is 20/80. If there is any word to describe for the level of risk that gambling has i will know.

Investment is if I am not going to gamble that money and let the casino handle it for me like their tokens or bankroll.

But it is not an investment if I'm the one to spend it like gambling it and having fun for that. People need not to think of any money deposited in a casino as an investment.

This is still a problem of money that they think when they gamble, they invest but that's not it and it opposes to the real meaning of investing.

To place a bet, a gambler must deposit money. And I consider this money as an expense on a regular basis. Because I know that I will not get a guaranteed income from betting. That is why I cannot call the money used here an investment. In terms of using betting money, a gambler can consider it as an expense for entertainment purposes. If a gambler bets according to his ability and loses some money there, then he will not have any problems. Every person spends a lot of money for his entertainment purposes, in this case, if someone puts a part of his income on betting, it will be an expense for him. I think such spending is not bad if it is within limits.

I don't understand if there are people who assume gambling as a form of investment. I think gambling is surely an expense, we spend more money than earning money. That's why we must have a good management to spend money in gambling. We don't use too much money. We must always use the money that we can afford in gambling. It means we only use small money for spending in gambling.

Investment is a way to earn money, meanwhile gambling is a way to get entertainment. Even if we can get money through gambling, it is mostly a luck factor only. There is no certain way to use to get money effectively in gambling. So, we don't expect too much to earn constant money through gambling.

Some people are joking about it, but I can see some of them seriously considering gambling as a way to earn big money, and that's the extent of what investment means to them. It depends on their knowledge, economic status, etc. I think people who regularly visit this forum aren't that naive and won't consider gambling as an investment like buying stocks or swing trading, but you'll be surprised at how people understand what an "investment" is in general. For example, there was a famous ad saying that having a lot of kids is a good investment after all.

You are right that if a gambler allocates a portion of his income for entertainment and it could be betting or casino. I do not see any obstacle in that case he can spend according to his means from his discretionary income. The habit of gambling regularly may lead to negative consequences for you and may lead to addiction. It would be fair for you to spend full time on alternative income or more extra time so that the level of income increases further. Setting aside time for gambling and allocating a limited amount of money is the activity of a wise gambler. I consider that after checking my financial limitations to meet the gambling, I enter the bet and do not go for the opportunity to allocate money beyond that.

I think this has been discussed before gambling is not for investment because the concept is very different, our investment gets assets but the value of the price will continue to grow and get profit if we keep it in the long term while gambling will eventually experience losses if we continue to play. That is why someone should not compare investment with gambling because it will make some people misunderstand and think that investment is something that is considered detrimental.

There are two types of expenses: daily expenses and waste. Now, I consider gambling a waste. Gambling can never be an investment for people. When a person gambles, they destroy their own life and the lives of their family. Investment is a different thing, the investment system is that a person keeps his wealth somewhere from which he will profit. If he does not profit, there will be no loss of his money. And when he gambles, he loses a lot of his money. In gambling, his money never increases; he always loses money. A gambler does not always lose; sometimes, he even gains a little.

So I would say that gambling can never be an investment; it is just a waste of money.

If you do call it as an expenses then you would be that basically be trying out to make it just the same when you are paying up a bill or any monthly amortization on which this is something a priority. Well, if we do have that kind of mentality about being having no control about on how much you do spend towards gambling then you are just basically putting up yourself on such big trouble.

Gambling should really be that for fun and you are really just that making use of the amount on which you can afford to lose. Never ever make yourself having that kind of optimistic about making money with it because it is really just that a bonus. Play for fun and you wont really be having any issues when it comes to finances. There would really be tons of things on which you would really be needing up to consider out but actually making use of your own common sense will really be just that enough to consider it out.

Gambling is an expense, if someone think gambling is an investment, it's a logically fallacy.

Gambling can't be an investment because the system isn't fixed or give some guarantee, like if you've gamble for x amount of money or times, you will get x prize. Also gambling isn't something you only need to wait especially slots, you have to click the spin button or at least set auto bet.

Gambling isn't a source of income, side gigs, passive money, investment etc, it's more like a gift because not every time you will always win.

Investments usually bring profit over time, and gambling has a completely opposite situation, here, on the contrary, when playing, it goes away with all the money. And even if we are lucky sometimes and we win, in the end, for example, after several months of active play, well, even after years, the account will be at zero. After all, the more we play, the more likely we will be losers, this is how the casino works. Another thing is if a beginner makes a big bet on the first day and wins and leaves forever, then this can be called that they won from the casino with the help of luck. But there can be no talk of any investments here.

Some people see gambling as source of income and based on that believe, they actually see gambling to be an investment and not an expenses. I have said this before and am saying it again, If I calculate all the money I have lost in gambling, it will be far more than the money I have ever won and because of that, I can not see gambling as an investment. Investment is when you expect some profit with a better assurance and not put your hope on luck and uncertainty.

The money you spend on gambling should always be money you can afford to lose. In my opinion, you should always gamble with your own hard-earned money. Because gambling should not become an addiction. We should gamble for entertainment. And if you want to have complete entertainment, I think there is no better entertainment than spending your hard-earned money on an exciting game.

Gambling does not generate income. If you can make it generate stable income every month, like pro poker players do at times, you can call that your business, but it's not investment. A business is not investment, you got it all wrong. If you invest in your own business it becomes both business and an investment, or you can invest in someone else's business. You can also invest in a casino, right?

Gambling is not an investment because investment is supposed to generate income over time. You don't invest one hour to cash out the next - that's trading. If you put money on the table and a few hours later know the outcome of that bet, that was not an investment!

Also, it's rare for an investment to generate 100% loss. You can put money in a business and it goes bankrupt but then you'll always be able to recoup some of it. It could be 50%, or 30%, but you won't get zeroed. When you gamble and lose you lose it all.

Do people even see the money which they are using to gambling as investment funds? If you are gambling and you are seeing it as an investment plan, then you are wrong. Gambler don’t really make money from gambling, most of them do end up losing, and it’s just few gambler’s that are making money from gambling, and those people do lose also. If you are gambling, just take it as something you do for fun, and never expect any return from it, and if you end up winning, then it’s fine you can make use of the money which you win for anything you want, but never make plans before you win, because you might end up being disappointed if you don’t win.

anyone who considered the money the use to gamble as investment that means the person have not known the advantages and disadvantages of gambling because if you no properly what gambling is all about you may not consider gambling as investment, gambling is a game that we don't understand the procedures because you can easily make you to be poor when you use whatever thing you have to invest on gambling so for me, participating in gambling is not all about investment it is all about entertainment and the Waste of money,  because you don't know if you can make the money back

Unlike other expenses, gambling could bring unexpected returns. I see gambling as entertainment, but it wouldn't stop me from expecting returns each time I place a beg. I don't think anybody is gambling because he wants to spend. The reason why most people gamble is to enjoy themselves and also make more money if they are lucky. Those who see gambling as an investment will soon find out that they are making a big mistake. There is no guarantee of profits while gambling; hence, it shouldn't be seen as a source of income.

In my opinion, gambling is both an expense and an investment. For those who participate in gambling primarily for income, gambling is definitely an investment because the main goal behind every investment is to earn money or profit. But for those who participate in gambling as a hobby, going is definitely an expense because nothing is gained from the expense, only the satisfaction of the mind or the feeling of joy.

How can gambling be considered an investment, as the more gamblers play, more money they lose?

Their intention and goal may be to make profit, but if the activity they are practicing doesn't have potential to return them long term profit it can't be considered an investment. An asset or activity to be considered an investment has to be carefully analyzed, and its history taken into consideration, so you will know if it's reliable to engage on it or not.

When you analyze gambling, you will see most people are losing money through this practice, so it doesn't offer any positive expectations along the time to be considered an investment.

Having quality entertainment and linking all the best entertainment to gambling is a way to say that gambling is the only form of entertainment that's worth spending on, and that's also another perfect way to drag someone into getting addicted to gambling.

You should gamble with the money you have made to gamble and not the one that belongs to others, but that still doesn't mean you should gamble with more than what the person can afford to lose; it should always be on the moderate level.

Well frankly speaking I believe it's actually best to count it as an expense rather than an investment. This is simply because an investment is intended to bring returns and though there are a couple of risks sometimes it's not actually equal to that of gambling which is mostly 50/50 on a basis of either a win or a loss.
Taking gambling as an investment would only make things worse because you would have to then take into consideration the idea that every bet must return a win.

Sure, those Money we used to gamble is still our hard earned money.  definitely we don't get it for free, we undergo some challenges/ stress before we get those Money. So don't make it look as if those money that gamblers have been using to gamble always come Freely, And of course when we are gambling using our hard earned money we shouldn't go with the amount that can not be easily afforded, because we went through a lot before we could get those Money.

Its an emtertainment expense.  In no way should you ever consider gambling an investment.  For me i like to gamble just like i lime to see live sports.  I pay a lot to see those sports and in ruturn i get entertained.  Likewise with gambling i lay down money in exchange i like to be entertained.  No different.

The word expense should be used when describing gambling, giving out the money for bet doesn’t mean I will get my money back talk more of a profit likewise investing. Investing should be seen a means of saving for future purpose mostly an asset, it’s not all about expenses or investing rather when gambling with your discretionary income you don’t feel this way towards the money instead hoping for a win is optional. As for those winning something huge while gambling use the money for an investment afterwards is good but gambling is not seen as a means of investment due to the unpredictable nature.

Simple, clear, and factual,
it's a logical fallacy

even if we look at the meaning of investment itself is:
Source: What Is an Investment? (https://www.investopedia.com/terms/i/investment.asp)
and it is very far and contradictory to Gambling.

I am still confused if someone thinks that gambling is an investment, I also think it is a logical fallacy and just a justification so that their gambling activities feel right, even though they often lose and lose their money.

It is better to accept the facts even though they hurt, so that we can be more prepared for the risks of gambling and must really understand what gambling is, so that we can manage our emotions and risks in gambling, not only spending money, but also how we can control ourselves.

There are clear differences between what can be considered a spending and what can be considered an investment. Therefore, any rational person would consider gambling a fun pastime, just as they would spending money on a night out or a leisure trip.

However, for an addict who has spent more than they can risk losing on gambling, the recreational activity becomes a risky game because they will be required to recoup their losses by investing more money in the expectation of a return plus profit, which never happens.

Even if a person makes temporary profits from gambling, the risk of becoming addicted makes it an irrational choice. Therefore, it is logical to classify it as a risky recreational spending, rather than a real investment that can be relied upon to achieve sustainable wealth.

Before using the capital you use to gamble, you have to assume that you are going to lose this money and you have to give up the illusion of that money before you start gambling. That's why you have to give up the illusion of capital because if the result goes against the whole money will be lost. Gamblers usually gamble with this in mind. If you compare gambling with investing then you would be wrong because gambling and investing are two very different things. Where you invest you may see temporary loss or gain over time but the capital will not be completely lost. Let's say you spend some money and give a shop all the products of that shop but it will not be completely lost but you may lose but it is different in case of gambling.  That is why gamblers have to think twice before gambling and then gamble.

Well to me I guess this is where matter of choice it on the person many be well, it can seen as expense if review it as entertainment similar to spending money on movies, digital games, in this case you're essentially paying for the experience and excitement, in other hands you can also see as investment approaching gambling with a strategy mindset, setting clear goals, managing risks and also seeking potential returns you might consider it as an investment well this preventive require the same level of risk management, ultimately whether you consider gambling an expense or investment dependence on your new individual perspective, financial goals and approach to risk management.

Considering gambling as an investment or a source of income only means one thing, and that’s that they really do not understand what gambling really represents and they’re still very naive about gambling. Yeah, and there’s no one who is an active gambler, that’ll be able to convince me that in all their days of gambling, they’ve been able to make more profits than losses in gambling, and if anyone is able to convince me beyond reasonable doubt and with some proofs of course, then I’ll be able to actually believe that gambling can actually be considered as an actual investment or reliable source of income.

Both are very opposite and have very big differences, expenses are money that you spend without any possibility of withdrawing it in the future, while investment is a symbol that can provide great benefits for you in the future. So the money you use to gamble cannot be considered an investment because there is no guarantee that the amount will increase after you finish playing.
I prefer to think of it as money to buy pleasure and the rest of the money is allocated to buying assets that can grow in value in the future.

I would consider it a risky investment because let's face it every investment you make involves a certain amount of risk and you could always stand to lose your investment by some means, the same applies to gambling. You have chance. You have a chance investment to make some amount of money. Just like in business.

just consider gambling fund as an amount that we can afford to lose, and this means that as we gamble with it, we consider it as win or lose. this means it may or may not come back after we may have used it. any fund use for gambling should not be considered as investment  because investment is what we put our fund and hope for something in return. although most times after investing we lose, but the lost can not be compered to gambling loses. the chances of lose in gambling is %98 while win is %2 but in investment, the chances of lose is %10 while gain is %90.

Right you are, Spending is mainly done to get something or simply out of love or feelings of affection. For example, parents spend physical effort or money for their children's education mainly out of their feelings, which means that when the children grow up, they may or may not stay with their parents. This is mainly spent out of their feelings or sense of responsibility. But investment must only include two things: profit or loss.

Investments can also bring losses, but with the right strategy and risk management, the chances of making money are much higher than the chances of losing money. In addition, the investor has a wider range of tools at hand to minimize losses and does not depend on time frames. Gambling is a game of luck. You can win big or lose every last cent. Gambling can be considered as an investment only if you own a casino or a betting shop, in the extreme case the owner of tokens, which allow you to receive part of the profits of the gambling platform.

It’s an expense. Full stop. If you think it’s an investment, you’re setting yourself up for delusion. Every serious analysis of gambling (behavioral economics, game theory, finance) ends at the same wall: negative expected value. You lose more than you win by design. The house doesn’t “maybe” win. The house always wins

Calling it an investment is like calling lottery tickets “a retirement plan”. But calling it an expense also hides the emotional truth - people aren’t paying to gamble, they’re paying for hope, for uncertainty, for stimulation. Not everyone goes to the casino for money; they go for the heartbeat spike, the dream of the “maybe,” the break from monotony

If you want to gamble, gamble. Freedom matters. But dress it up as investment? That’s intellectual laziness. At least call it what it is - an experience you’re paying for - not a strategy to grow capital

I am happy to hear you say this, especially when you said the expense brings unexpected return, meaning it could bring you a profit, good one or a lose, bad one. But hope you are aware that there are some expense that brings you expected return always? No? First, expenses could be to disburse money to your needs right, so when we spend money on food, does it not nourish our body and give us strength always, at least it's a beneficial expenses that always give expected returns, unlike gambling 🤣. Despite that I take gambling as entertainment, I also expect the winning but  my expenses on gambling is always the least thing on my budget list.

People who consider it an investment always out themselves I precarious situations...no matter how promising a bet may seem it's never an investment, even if you end up winning a bet it's not an investment because anything would have gone wrong...I remember placing a a bet of 100k on a team to win and the game almost ended as a draw but In the final minute in second half they ended scoring, just because I won that bet didn't really mean I made money from an investment, it's just a bet that I got lucky from Because I know that I would have lost as well.

Why wouldn't you consider as an entertainment expense? You go to the casino to have some fun, drink a few drinks, and socialize. You don't go there thinking you are going to win millions, you hope to but not the case for 99.9% of gamblers.

I think an investment really is talking to those that do trading which IMO is also gambling. I have no clue what I am doing when it comes to that so if I were to try without educating myself I would just be lighting money on fire.

In a physical casino, gambling can be considered entertainment. But when it comes to online gambling which most of us here engage in, it’s probably only a little bit of entertainment or more realistically, an expense.

Either way, the majority of us still lose in the long run. So, the way we think about gambling is often different from the actual results. We might see it as an investment, but if we keep losing, then it’s clearly just an expense.

Somehow, I believe gambling could be considered an investment but only for gamblers who truly have the skills to be consistently profitable.
Of course, this doesn’t include affiliate marketing, as that’s a different game altogether.

Gambling is a form of entertainment, buying and holding an asset is investment, they are both different, you can never treat gambling as an investment because it is a game of luck, there is nothing like reaping from what you sow, in short don't bother sowing anything, just enjoy the game and have some fun.

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The problem of gambling starts when you want to handle gambling like an investment, you start throwing every penny you made into gambling and at the end of it all you won't have anything to show for.

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Enjoy your gambling, risk small amount of money but don't play around with investment, you can never fail in life if you follow this path, be more serious with investment and have fun with gambling.

Though am that kind of person that never believed that gqmbling is an entertainment but at a time I read through some stuffs hear and traced the origin of gambling too I now understand that gambling was solely created for entertainment purposes and that's why some gamblers gamble with the amount that won't be a burden to them if they eventually lose, so for me I understand that gambling is not an investment and I can't treat it or refer it as one because I understand what an investment is, gambling doesn't have an assured end or will I say gambling it doesn't have a certain end so if i say gambling is an investment it is a total misunderstanding or misconception on my own side about gambling, I will rather say gambling is an entertainment but it all depends how individual gamblers approach it, if you gamble with the amount you can't let go para venture if anything happens and you feel disturbed or regret then that houldn't be seen as an entertainment because I feel if you're entertaining yourself it should be with something that doesn't cause you a regret later, though this is my answer and what I think about your question.

I don't think that the gambling I've been doing is an investment, because the gambling I do is just to find pleasure by using the extra money that I've set aside. If it is said to be an expense, of course there must be a budget required for gambling, but I only gamble when I really feel like gambling and it is not required every day.

To buy pleasure. Yeah, that might be the best definition of it. I also don't think of it as an investment, it's just money that will be spent, nothing more. Plus, there's a higher percentage of losing when it comes to gambling, so we should not expect anything back. It's way different than how it is with investments, where we are monitoring it almost every day to see if our money has increased or not. We don't do that in gambling, especially in casino games. We just press that roll button and let the algorithm decide what's in it for us. It's like opening pandora's box.

Gambling will be given different forms. People who doesn't care of money and have made sufficient money find it as entertainment. These people doesn't spend time into gambling, maybe while partying or while participating in a get together or in some special occasions they gamble. Most of the people who suffer are the middle class people who doesn't have sufficient money to reach the next level of life. They try hard and prioritize gambling as a form of investment in which luck has its role. The outcome will be loss and not profit.

Gambling is just a fun factor in which we need to be very calculative and should have control, if not the outcome will be make the gambler suffer financially as well as mentally.

I don't know how they think why gambling expenses are used as a place to invest, in a mention of gambling alone is very inconsistent with the principles of gambling, because basically gambling and investment are different.

Buying pleasure makes more sense than that sentence as a thread, a wrong definition will raise inappropriate questions and marrying an object with an object that can't even be interpreted with proper grammar will cause confusion such as the sentence gambling is a form of investment. LOL

businesses at least try to manage these risks by setting up a plan that could allow them to minimize risks and make the most out of their profits

a lot of the gamblers do not think of gambling like that they often just play and hope for the best but most of them do not really have much strategy going on since there is no strategy to win anyway like with slots for example there is no winning unless you are lucky

Exactly, this is how I address gambling play for fun, It's just like some people who spend money on weekends to go to the cinema. You don't expect to get the money back because you use it to relax.

Similarly, if you gamble for fun, as a way to flex your intellect or get an adrenaline boost, you can't see it as an investment. Instead, view it as a way of spending money on yourself. But if you gamble for profit and are sure you have games that you know how they work, and you get returns from them regardless of how little, then maybe you can see it as a minimal investment. But majorly, I see it as fun. That's why I gamble with a budget that doesn't dip into my major finances.

Even though gambling can never be considered an investment, in reality, can it be considered an investment that is only based on luck, since gambling in any type of casino always depends on luck and bad luck, if you lose, it usually happens all the time.

Maybe for others it may be an investment, and that's something you won't understand how they can say it when that's how they view their gambling addiction most of the time.
Because right, when you have a gambling addiction, of course they don't see their gambling as an investment.

Casinos are the ones investing with gamblers losses because they have already set up an investment to bring profits for them overtime. A gambler is only enriching the casino with the little he can contribute to the casino's financial growth. The gambler will lose more than what he has won in the long run. Will you call something that you put your money into, and cannot get it back an investment?.

Considering as an entertainment expense will only apply to people who are aware of what they are going to do in gambling.
But not with the people who come in just want to hit a million dollar jackpot with just their change, have too high expectations but will end up just burning the money.

Investment in gambling only applies to bookmakers who build the casino, they sell their products that will be played by gamblers and get more money from the investment made in their casino.
Even the gambling business becomes a business with tremendous profits, those who enter as investors for a gambling will also get their share.

For me, Gambling can be considered as expenditure, where I have to bet in a certain amount and the results are not accurate as expected.
It's ridiculous if I am assume gambling is an investment, although occasionally has a chance to win in large quantities, but not as expected if calculated expenses.

Gambling Real Expenditures For me, it's good that I think that gambling is lost money, where the money I bet is not necessarily getting a real profit for me, unless I'm lucky.

I also think that if you are not lucky there is no chance of winning no strategy works here. Winning or losing in gambling depends entirely on luck in some gambling games such as poker or blackjack skill plays a small role luck plays a big role here too. Winning by applying skill cannot be guaranteed in any case that is why it is very important to be responsible and aware of the risks when gambling.

Obviously I consider gambling funds as expenses, the reason is because we never know about the results at the end of the game where victory does not depend on any means and besides there is always a risk lurking while we play. Although in terms of risk gambling with investment is almost the same but in terms of generating profits it is clearly different, there is no sure way to generate victory in gambling while in investment you can generate more profits through asset growth scenarios over a certain period of time, the point is there is no guarantee of generating profits or even achieving recovery in gambling and that is the reason why many people advise gamblers to bet with the amount of money they are ready to lose.

Expense. Always. I set a little part of my salary aside every month and I give it up for lost, like the one that I use for any other hobbies I have (having a drink when going out, going to the cinema/theatre/stadium, eating in a restaurant...). In fact, if I'm about to exceed that limit, I try to wait until the end of the month, and I am not very flexible in that sense, precisely because to me gambling has nothing to do with investing.

Everyone has their own criteria, which is very respectable, and who knows, maybe by now I would be rich if I had taken it differently... or maybe poor. I am not one of those who are willing to take the risk.

I agreed with you on your thought as well because we can't take gambling as an investment because we may not have that results we usually feels while gambling. One thing I would also want us to understand that gambling results can't be predicted or knowing how to determined the outflow of results, hence I see it as an expenses but if peradventure someone win while gambling then it's an additional benefits to the person who is gambling. The most important things should be when they are gambling they should be able to use money that they can risk to spend to gambling than using an amount that is extremely that higher for them to lose.

The only time that gambling would really be that an investment is on the moment that you are the casino owner on which this will really be the only time or moment that you do find yourself having that investment but if you are really just that a gambler then you are the ones who do feed up these businesses to make money into its owner and thats why it isnt really just that right on calling it an investment in the first place.

Expense i do believe because you are spending into something, the difference on here is that this is an unexpected expense which does need up that having that extra money that being used into it, because if we do speak about expenses then this will be basically be talking about into those monthly payables in regarding about it. Trying out to insert some budget for gambling fund will really be giving out that kind of consideration that you've been that including it into your budget but for me it isnt that something recommended because it will really be just that a total waste and its better that you should gamble into the amount on what you can afford to lose but having no toleration when it comes to spending.

The honest truth is that anyone bringing out money to gamble gas the intentions of making gain, no on gambles just to throw away money no matter how rich they are. So the first goal of all gambler is to make profit.
But yes I will have to admit that their are people who gambles just for the fun of it. They go to have a good time and gamble as an opportunity to test some of their skills although sometimes this people don't mind losing money but also they will love it better to make gain.
I won't consider gambling an investment because the uncertainty are too much but I will rather say it's a high risk venture that you should handle responsibly.

i will agree with you that everyone betting or gambling has the intentions of making profit, but then they didn't bet with that amount of money as an investment, but rather a trying of luck. they put or placed those bet hoping that luck comes there way, and not having %100 confident that something will come out at the end of the day. but hoping on luck to win.

Not just them but also those that take part of their bankroll investing. They're also the investors that we can call. But on the other hand, the gamblers which are us, the customers. We're not investors but we're subject to consume the service and pay for it. Sometimes we win, and sometimes we don't. That's why if someone treats himself as an investor but he's an actual gambler, there's a need to fix that point of view because we're gamblers and not investors and it cannot be considered the way others might believe they are.

When you gamble in your hard earned money, be sure to have a budget for it which you shouldn't have to exceed, else you'll likely waste that money as though you didn't suffer this as acquire it. Gambling is fun, more fun when moderated and when you approach it using funds you're ready to lose, so when you lose it you don't get disturbed.

Gambling isn't a bad thing at all, but when abused if turns detrimental and to prevent such, we must gamble in moderation and stake funds we're prepared to loose.

That's right, betting to think of profiting sounds more of an expense and not an investment. Although both feats potential losing and winning means that it can also be either. But if someone is there thinking of it as an expense, they won't be too affected by the negative outcome. And so, they just let what can happen through it. If they lose, they lose and that's not the kind of investment that they have because if they're into it as an investment, they'd be poignant about that.

I would say, for your best interest, it is better to consider it as an expense so you won't expect anything out of it. Because this is gambling, thus, there is no assurance that you will win from your bets. If you will treat it as investment, you are expecting that the money will grow. However, it is not. In most cases, you will be on the losing side.

Most gamblers are disillusioned in some ways because they thought, gambling can be their route to hit big one day. And so, they continue to bet treating this as some type of "investment." This mindset is somehow popular among lottery bettors, wishing that they could be the next multi-millionaire. However, such scenario is very rare.

I don't know about you but have seen someone who says that gamble is part of investment because after losing his hard earned money to gamble one day he will win back the money that he has lost.
However I don't know if he mean what he's saying but to me, what he said is wrong. Because what if he didn't win any of his bet at all?
IMO the money spent on gamble should be considered as an expenses because winning them back is not for you to decide cause winning them back is by luck.

Luck is very important as a gambler but many will not understand how essential luck is and how it's can allow us make more than we have planned to make initially because of the massive luck that has been making us fortunate to keep making profits even when others are losing. Gambling is not for those that are weak and doesn't have a working strategy that will bring more money to them.
There is no assurance that we are going to be profitable in gambling which is why we need to keep trying without taking too much risk.

Gambling is okay for you as entertainment and you don't choose gambling as anything other than entertainment, especially as a source of income. For those who choose to gamble solely for entertainment and spend a lot of money on gambling, gambling will become an expense. But there are many gamblers out there who see gambling as a source of income rather than a source of entertainment, and for them, it should be considered an investment.

It never is. Money for gambling especially that has been lost due to losses I consider as an expense like an investment.
Investments can get a return while money used for gambling cannot necessarily be returned because of a win that is obtained even though when the maxwin is obtained by the player it is more than the amount of money that has been spent.
I think that's all I can explain according to what I know and again that I do not consider gambling expenses like investments.

Gambling is an expenses that cannot return back to you no matter how much you spend on it, but we can't say %100 that it's totally an expenses, because at the end of the day, you win, if you have not put in money,how then are you going to win.

The money you use in gambling before you win can also be referred to as an investment, but the chances of winning are slim. Therefore we can just see it as fun because it involves both losing and winning, and so in fun we don't really pay attention on what we are to get from it but just the enjoyment aspect .

I treat gambling as part of my expenses and that is why i gamble with what i can afford to lose because i know that winning is not easy to get and it will be unwise for anyone to say they treat gambling as an investment because it will make them spend so much money in the quest to meet up with the investment mentality they have which will probably lead to losses and regrets because anything we take as investment it is expected to generated profits so if the profits ain't coming forth it will become a problem. When you take gambling as an expense it gives you freedom of mind because you have already counted any money you spend on gambling as a loss but if you eventually makes some profits from it, is just like a bonus for you since you never gambled with the idea of taking it as an investment.

It is not an expense if you don't take it as such, an investment is the worst way to see gambling. This has been the problem with gamblers who got addicted and began to admit gambling as a new source of making money, meanwhile gambling is appropriately a good way of relaxation and entertainment.  The consequences anyone will get from taking gambling as an investment are far worse when you choose to take gambling as part of your expenses, by the way, not necessary expenses, sometimes with a tight budget, you don't need to include gambling as part of your expenses for the time until you are relieved.

Every gambler will have have to choose what they take gambling as , but as for me I will prefer to choose gambling as an expenses,  if I choose gambling as an expenses I know I have to keep little money that I can afford to gamble with. It is a wrong idea to make gambling as an investment because one may decide to invest so much money in it and even if their is no winning you will just be having hope to get a win bot knowing that one is making a mistake.

My gambling budget is expense and it would be dishonest to see is as an investment to anything else then for my leisure time.
But i totally understand why some people fall for that concept of investment for profit. Because they mainly play for profit, and this is a way to justify it.
It looks better in their books then admitting it's an investment on leisure, excitement and fun.

There's also a reason it's illegal like everywhere for casinos advertising them as investment opportunities. Because that would be as misleading as those lies people tell themselves, who can't distinguish investment from gambling.

Some people believe it, because they play for profit. And while it can be a goal, it's not investment, and someone saying otherwise is just lying to themselves. I am not going to reinforce those beliefs, so i don't even say each to their own.

In short, someone who thinks gambling is an investment of any kind is going to experience a painful financial crash, simply because they think it’s an opportunity to make money so they easily chase the losses and raise their bets to recover, with time they cannot afford gambling and go on debts.
While people who just gambles as an extra expenses to have fun, they understand well it’s not a profitable activity, so they know how to do it and spend only money they can afford losing without extra emotions.

Overall, gambling is a luck based activity with a huge risk if someone is gambling without money management or a good knowledge about the risks, most or all casinos they show signs of moderate gambling, just like any dangerous substance, consuming such things is risky, that’s why we should do them with moderation, and we have to stop once it influences our mood and lives.

Considering gambling as an expenses will actually help control how well you gamble especially how much you spend gambling because things we consider expenses are such that we don't really expect to yield back our money after we may have probably lost it but if we see it as an investment then the chances are that we would not consider controlling how much we pit into it because we believe it will still give us returns and the logic would mostly be that the more we invest the bigger the returns but this in most case isn't the case so keeping a different mindset to it like this is most likely going to help a whole lot.

Yeah. Basically if you see gambling as an investment get ready for a world of financial hurt.  Because when you go in thinking its a chance to profit, losing makes you desperate to win it back.  Now, people who gamble just for kicks, they know its no money making scheme.  They play for fun. So they tend to avoid getting sucked into the vicious lose-chase-lose cycle.  And can enjoy it responsibly as an entertainment expense within their budget. And thats the way how I feel about gambling.

It should be because this is not an investment where we can think of assurances that our money will grow. We are just relying on luck, which we can't guarantee if it comes.

In this kind of situation, we'd rather think it was just an expense, so whatever the results after gambling, won't hurt us because we are already prepared. It is a different feeling when we expect too much, but in the end, we lose.

Of course, it is not like we think negatively. Maybe it's just the point that we expect nothing, like we buy stuff.

Definitely expense, People who think of gambling money as an investment take gambling seriously.  I think they are addicted to gambling. Gambling is for fun and using money for fun is never an investment. It is always an expense. Luck is the key to winning in gambling. So it is foolish to think of it as an investment. Investment is where profit can be achieved by adopting various strategies.  Who can use gambling strategy to be a guaranteed win?  And how many people succeed financially by gambling?  How can anyone think of it as an investment where winning is left entirely to luck.

Gambling is not an investment because you're not guaranteed a return; you're simply spending money with the hope of winning something. It's like buying a ticket to an event you do it for fun, but you don't expect to get that money back. On the other hand, the casino is making an investment, as every bet they take is calculated to generate long-term profits. They design the games so the odds are always in their favor. That’s why, while gamblers take uncertain risks, the casino builds its business to win consistently. Gambling can be entertaining, but thinking of it as an investment is a mistake. In the end, the one who always wins is the one who sets the rules.

Gambling is meant to be fun!.

Many people who has not understand the different between gambling and investment, will think that gambling  is an investment, they think that the risk associated with investment and the risks that associated with gambling is the same, it's obvious and quit understanding that gambling is a game and it has to do with privilege or luck, as you said OP, nobody is sure of wining in the gambling, but people people is sure of losing, let us tell our siblings that gambles that gambling is not an investment or source of making income from my perspective, it's something some people do for entertainment.

Since I don’t see gambling to provide me sustainable income, hence I can only see those money I used to gamble as my additional expenses. Those are my extra money that won’t bother me much if ever I lose them all, but of course my goal is still to make more money with it, although it can’t be possible at times.

Seeing it as an investment will only frustrate me in the end, so I don’t adapt that kind of mindset.

I believe that money used for gambling should be considered an expense, since investment is an allocation of resources with the aim of generating a financial return in the future, but gambling is a risky activity that does not offer a guarantee of financial return.

In addition, the probability of winning is generally low, and the house always has an edge over the player, so I consider money used for gambling as an expense where I am paying for an experience of entertainment, fun and socialization.

If you consider money used for gambling as an expense, you will be more likely to control your spending and not exceed your financial limits.

When gambling is used for entertainment, there is no room to discuss the issue of profit. Neither expense nor investment will have priority. If we go to a stadium to watch a sporting event, we must buy tickets to watch that game. And I would not call buying that ticket an expense or an investment. We usually buy that ticket to enjoy pleasure. Money used for pleasure cannot be considered an expense in any way. Even if it may seem like an expense in financial terms, it should not be considered as such in the hope of getting entertainment. When money is given priority, it is conceived as an expense or an investment that should be avoided.

Yes, of course what I think of the cost of gambling all the time. Because gambling is one and another typically investing when you spend something to buy or use is usually called spending. It is not used for any income in the future to increase any profits. We usually call that cost. On the other hand, investing is something where you use your half or assets in a place or project that can gain and increase your future. We usually call it investment. The goal of investing is to invest completely differently is to increase your capital by doing exactly researching a projected drug by which income or gains are expected in the future. Since gambling creates a possibility of an uncertain, we usually consider it to be cost. Where you spend a certain amount of money or expect another stable profit or growth for it, rather if there is a possibility of losing some parts of where you are spending money, we will call it investment. It seems costly to me.

If one says they want to invest their money into something, it should be something that they have observed very well and are sure that it will give them a big profit in return, a profit that is certain and not one that is based on luck and uncertainty. Gambling is not an investment that generate a consistent return and that's why it just fall under the category of expense despite the winning it brings sometimes.

Just the quite difference of this is the aspect of the return regards with the expense you are just crediting a money and possible the price will be depreciated and not the same as the previous do you have, in investment you are seeking for a return. I consider the gambling as expenses in terms of you are willing to make a risk with your money and could be an investment because if you know to yourself you have a good analyzation with the things you are doing that might give you a good return. It seems the choices of both part could be related into a risk management.

In gambling it's the casino who is lucky most of the time not the gambler and gambler who understand this fact very early won't lose much of his wealth in gambling. Just spend the money in gambling which you can easily forget and you are all good. Those who have doubts about that can look around and see if they can find good number of gamblers who are able to win against Casinos? The success in gambling is not about how much money you win but about how successful you are in managing your money that goes into gambling. The more money you place on betting, more you will lose.   

There are people that actually consider it as an investment, I know a lot of people that do it, they stake on sports betting and even take it as a business, when thet lose the bet they call it an investment gone wrong. People that so this will always end up losing, in gambling the house and bookmakers wins 90 percent of the time , the remaining ten percent goes to anyone that gets lucky. Gambling is never an investment because we spend more than what we gain from it, you might as well call it a liability, it's a losing game.

Your words are true for random games. RTP tells us, that on a distance casino always wins, even if some gambler can get big prize even from one bet.
But it is a mistake for sport betting at least. When you can predict the result(even with percent of mistakes) you can create a strategy and use it. In such way it is possible to get some money, but it is really hard and takes lots of time.

I'm wise enough to realize that it's an expense and not an investment. Though the wisdom didn't came easy or cheap. I have played and lost a lot of money on gambling and even though you might win some days or even months but in long run your aggregate would be negative. If you have too much expectations from gambling you'd hurt yourself more. Taking gambling as investment is a mindset that could break you. If you like gambling and want to enjoy for a long run, its better to take it as an expense and maintain your finances better and not to lose more than what you could afford.

Investment?? On what exactly? Yeah I get it but, some questions need to be rephrased; when time is spent at the expense of your money over some self pleasures, you're running on expenses. Oh, and let me remind you -- assuming gambling as a job doesn't change the narratives, it only exposes you more to whatever you're gambling on.
I guess the people that lived their lives just like I described can attesst to how cognizant they became after only few months... Haha!

A business is way different to be put in that analogy my friend. The expenses you make in business is already getting paid/settled from your network profit. You can't run a business that doesn't generate profit, so it's either you're putting in more to get morrreeee, or nothing!

That's a good point. Thinking of it as an expense so that there won't be any expectations left and if the results are opposed to what you're thinking, much better. That's how gambling goes if we're thinking more of it as an investment and not an expense. So, you're giving yourself a favor by treating it as an expense because it's good as letting go and there will be no heart feelings if ever the terms didn't meet what you're expected to see. And with that, as an expense, you're just going to have fun with it then.

Sure, the casinos take a bigger advantage since they collect more money from gamblers. Since it is about the luck, gamblers won't really have a big chance to win the games. But some gamblers don't really care about the wins, they are more focused on the entertainment side. As long as they can get a fun or entertainment, they have no problem to spend money. However, those people who are more focused on the entertainment, they won't spend too much money in gambling. Anyway, I'm not really sure about the meaning of the success in gambling. For me, we only achieve the fun matter and gambling is a part of an expense.

You are not wrong, so many other people have also lost a lot of money in gambling thinking that they could make a fortune out of it but they didn't and they later had to realize that the winning they can get from gambling is based on luck and we know that the real investment is just something that is much more based on certain expectations.

I don't agree with you on this, what we gamble can be considered as expenses but not to be seen as an investment because the chances of it to be called an investment is very low and if anyone should see as an investment such person will only end up being addicted to gambling, gambling doesn't have that potential to be seen as investment because the risk attachment is very high, generally it will be best we consider what we gamble to be called an expenses rather than investment because gambling for a very long time with the hope of it as an investment can be very unrealistic.

Taking gambling as an investment will no doubt make you to become a gambling addict. This is because it will make you you to always run after your loses. No matter how careful you are taking gambling as investment will make you get anxious of your loses and will be eager to play to win, leading to unnecessary decisions.

I can divide this into two sections:

1. as a player - this is defenitely done as an expense. Players who think this to be an investment are in deep trouble.

2. as the casino - if you are part of the casino, its investors and its affiliate then you are putting in money on the casino bankroll and eventually the return will come. This is a long term investment and might be a job for some. In this case it is an investment.

So what should players do if they want to earn from the casino? Do not go for the first option but go for the second option and have patience.

Neither, it's just money that I can afford to spend on myself, which I don't mind losing, but at the same time I'm aiming to win and increase my deposit. I treat it as a game in which losing won't mean anything bad for me, but at the same time I want to increase my deposit, so it's a game that I take more seriously. I spend my time on gambling, so I'd like it to bring results, but I never play for big money for me, so I don't attach too much importance to it.

We cannot wait until we win or lose before we can classify whether money used to gamble should be investment or expenses. It's not a realistic strategy and it can lead to addiction because you're supposed to use amounts that you can afford to loose for gambling while in investments you can afford to use huge amounts of money. As a responsible gambler you're not supposed to use huge amounts of money to gamble because winnings are by luck. Gambling funds are better to be classified in expenses because it is not a business that you're sure your investment capital will yield you profits.

I think that playing in a casino will never be an investment, from any angle I try to look at it it doesn't sound like an investment to me, it will always be an expense, a liability or a risk that is taken to see if we can multiply our money, since it causes emotions, impulses and all those things, well it is something, but not an investment, the only way I see it as an investment is if the owner gives me the opportunity to buy shares in the casino and then it is an investment.

Even though we all know that gambling cannot be an investment. It will really always belong into expenses. That's why when gambling, our mindset should always be as a gambler, we are ready to lose every time we play gambling. Now if there are others who look at this investment, it's probably just in their understanding.

Let's just understand them, because they may think that when they win a big amount, they may think that if they don't invest to gamble, they will not experience winning if they don't
bet or deposit funds at the casino, that may be their reason.

Yes, that is also one key cause that contribute to some people's addiction and I believe that there are a lot of gamblers that sees gambling as an investment, as a means by which they can earn money as soon as possible and that why some of them are going to take loan from a third party that they may gamble to double the money and repay their loan but they end up being disappointed and losing the money they borrow.

I invest in gambling with the hope of profit, but when my luck is bad, I face losses instead of profits. Then I consider gambling as an investment for me. If I participate in gambling to keep myself in a good mood when I am not feeling well, then I consider gambling as an expense. Because then my main purpose is just to have fun and in that case I don't consider gambling as part of the profit.

For me, gambling is just a way to lose money, i have said many times.
Ultimately, if you play online you are alone and there is no real fun.
Going to the casino, yes but you can't go there all the time and it's better to go with friends if you want to pass the time.
not to mention that there aren't many casinos in Italy

I don't agree with you that there's no fun playing online, mate. For you, it might not be fun but for so many gambler there's really too much fun for them gambling online than the physical land base casino where they have to be faced with some situations that they don't like. The only reason I go to land base casino is to have fun with my friends but if not because of my friends, I rarely go there because I can just bet on my phone right at home and still enjoy the fun. Lastly, gambling is not a means to make money, if you are not willing to lose some money, don't gamble.

We are putting our money into something that has an unpredictable outcome, it's best to treat it as an expense. Gambling Is a losing game and even though you end up winning you will still lose. This mentality can save you from a lot of disappointment, it might be a harsh logic but that's the reality. Winning a bet doesn't mean you have won totally, if you decide to stake again would you win?.A gambler can decide to stake a hundred dollars on a bet and win 300 dollars, if he does the same thing for the next four days and have three losing streaks that's not an investment

The money that is used for gambling should not be considered as an investment but expenses. Because when you gamble with your money you will not have 100% assurance that you will get the money back. When you gamble is either you win or you lose. In a situation where you gamble and you lose, then it will be considered as expenses. As a gambler if you take some amount of money for gambling you will also doubt the return of the money, because gamblers always play by luck. But as an investor if you take some amount from your money to invest in something, you will have full assurance that the money will definitely return to you no matter how little it is. Gamblers gamble just to have fun while investors invest their money to make profits.

it should not be considered as an investment even when you profit several times from gambling. because investment is to grow long term wealth through assets that have fundamental value, do you consider gambling as an asset where you can expect your wealth to grow in the long term? i don't think so. that's why it is included in expenses because you are just relying on luck in your gambling and hoping that you can win on every game, with no guarantee of growth or returns.

Gambling is fun and this is the main reason on why it do exist on the first place. This is location or place on where you do find yourself on spending up your time to have the leisure.
It is really just that things becomes that messy at the time that people would really be that starting on trying out to change up their approach and actions on which this will really be that leading into that having that more extend on trying out to play gambling just for them to make money on which this is really that a very wrong thing to have. On the moment that you do gamble then always make it sure that you are just that spending on the amount on which you can afford to lose and never ever make yourself that being optimistic about being a winner or even becoming rich with it.


The only time that it will really be that become investment is on the moment that you would really be the house, but if you are really just that the player or gambler
then consider yourself on busting up everything that you do have. So it will really be that up to you on how you would be having that kind of approach and act accordingly.

How can someone have such thought in gambling, why we have already know that gambling is about expenses, despite any winnings that may comes out along the line it can never be classified as investment at all. Because though losses is always higher than the winnings. so however, I think it's not essential for someone to have such reasoning when approaching gambling because gambling is just a game of luck.

Following up gaming as an investment is wrong. Players are required to be enjoying the fun and not think of being entitled or gaining profits in future. Gamers shouldn't reason in a such maneer, it could lead to losing and aswell uncalculated predictions because they assume it's an investment.

Both in gambling and investment risk are taken, analysis are made, past results are considered also there are some things common in the both of them that makes them look similar but they are not. When it comes to gambling you have a 50/50 probability of winning but in investment it depends on the level of skill and knowledge you have in order for you to get good results, so no matter what gambling can not be considered as an investment rather its an expense just like going to a game shop to play games for fun but in this game you can get financial results.

1. In gambling you rarely have 50/50 probability.
2. If you consider gambling an investment you're doing it wrong. Gambling is for fun, hence expense. Winning is nice, but going constantly on profit would be a mathematical anomaly. Have fun as it last. If you consider it investment you'll try to always win and you'll lose more than you'd imagine.

Gambling is a game of chance regardless of the type of gambling and anything that is probabilistic has absolutely no guarantee of getting a return, recovery or even profit, so I consider gambling funds as expenses. Unlike investment, although in terms of risk it is the same but in terms of how to get profit and minimize losses it is different, investment has a clear profit potential that usually you will get more profit if for example you can be more patient waiting for a longer time and the risk can still be controlled, the point is it makes no sense to consider gambling funds like an investment because there is absolutely no guarantee of growth.

I consider it an expense. With investments, you have a small “guarantee” of return, even though it is risky, there are ways to guarantee your investment. In Brazil, we have the FGC (Credit Guarantee Fund), which, in the event of bankruptcy of the company in which we invest, returns a certain amount (the limit is R$250,000, converting at the current dollar rate, this is approximately $44,000). If your investment is smaller, you will not lose anything. What guarantee does gambling give you? In my opinion, it cannot be seen as an investment.

It depends on what you mean by fun, i don't enjoy being in front of the computer. It's a very subjective thing in my opinion and we can't all be the same. i get bored alone in front of the computer, maybe because i am not as young as you and i love human contact.
If you like it, good for you

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

If gambling is conducted without control, the possibility of losing will increase greatly. That is why the gambler must conduct gambling within control. But sometimes, despite being in control, the gambler may make mistakes in his gambling management and due to that mistake, he may have to lose more. Among the gamblers, those who borrow or loan money to manage their gambling will never be able to conduct responsible gambling. If they lose the borrowed money, they will later rush to sell their own assets and at some point they will lose everything. That is why it would be logical to consider gambling as a temporary entertainment and conduct gambling. If someone considers gambling as an investment center, big losses are waiting for them. Even if they win big today, at some point they will lose all their assets.

Gambling certainly cannot be compared with investments, but what attracts many players is the almost instant result. A player can enter with money and in a few minutes decide its fate, whether it will be lost or not. In investments, time is needed, which many do not have, and even if they have it, they do not have the patience to wait. In addition, looking at today's Trump duties, the markets are falling, and even some impatient investors and traders may break down and take the rest of their money to gambling to try to win back, although I would call this a terrible idea.

We might say that there is a saying to invest only the amount that we can afford to lose, the same saying we hear from gambling. But in investment, at least we have a bigger chance to earn a profit, which we can't find from gambling. In fact, as we go into proper budgeting. Gambling is categorized as an expense, which means that we can't expect any return from gambling because we already assume that we're going to lose this money. But in investing, there is a so-called profit assurance, and this will differentiate the two.

Very good question actually, and here is another way to find out who is gambling with the pure intention of making money of it, or simply gambling just to have fun and also and always ready to take whatever comes of it in good fate.

For me though, money I spend on gambling is considered as expenses and never an investment, this is why I don't gamble often, I only gamble when I have that extra fund that I know well enough that I am wiling to loss or spend on gambling.
There used to be a time when I treated gambling as an investment, and I remember well that those days, I was always angry with myself and with those around me because I lost money to gambling, money I wasn't prepared to lose..

So, I've so far learnt that to enjoy gambling, we have to start treating the money we spend on gambling as an expenses and not investment, investment comes with some good level of guarantee that you will get your money back, gambling offers no guarantees at all, and what this mean is that, its wrong to treat gambling as an investment.

You're correct there dude, it's just that most gamblers who really love to gamble don't think of what they often do as expenses. They don't care about that as long as their desire is fulfilled in the casino and that's because they're already controlled by their greed.

Now, as for investment for others, maybe for gamblers they see gambling as a kind of source of income, but for responsible gamblers,
their mindset is not like this of course and we know that. Therefore this is not terrible for the other gamblers.

Investment yields profits in the long run while gambling gives you big losses in the long run, because the more you gamble, the more you lose. Whatever you put money into and lose the money is considered to be expenses on your side, because you wouldn't get the money back. Some people gamble hoping to win big and they feel that they're investing which is wrong. Such mindset can lead you to addiction.

Bookmakers don't care how you spend your money. All they're after is how to make good revenue at the end of the year and if that comes at the expense of some of their customers to get their life destroyed from gambling addiction, they don't care. It isn't their fault though when that happens because they didn't force anyone to gamble as much as they do but it's usually our own greed that makes us to gamble without control because we want to make more money when what we should be doing is to watch how we're gambling instead of all our focus being on only the money and not how it's affecting us. There are many disadvantages to being addicted to gambling as it also affects you everywhere. All the money that you used in funding your gambling habits has to be expenses and not an investment because gambling isn't an investment.

Hearing these words, a kind of painful feeling works inside me. A gambler destroys all his property, the property left by his father and grandfather, while gambling. A gambler does not have this sense of what he is doing. If he understood this, he would never do such a thing. Everyone should have proper knowledge about the dangers of gambling addiction. In my opinion, every gambler should write on his board what the consequences of gambling addiction are. For example, on cigarette packets it is written, "Amended warning: Smoking is harmful to health!"

For me, gambling is only an expense. Deposit is a payment for fun, entrance fee for entertainment. Imo this is the correct way to consider gambling if you dont want to become addicted one day. It allows to chill during gambling. A person must only come to terms with spending money and dont expect to get in return nothing but emotions.

I dont understand how come gambling be an investment. Gambling to earn? This looks like a do-to-earn concept which is a definition of a work. Or it is an investment, because both gambling and investment contain risk? I would say no to this, because investment also contains analysis, but gambling does not have it.

Exactly everyone has there own view and what they see gambling as, but why going to stay in front of computer to gamble when you have your smart phone or you don't like using your phone to gamble, everything is modernized in such a way you can stay in your comfort zone and play and gamble anyhow you like instead of walking down to a gaming hall to play gamble I don't do that any longer because I have my smart phone with me. Gambling can look or be a fun if you are winning steady I mean you will be so happy and you will enjoy it but the moment loss start it will be the opposite.

In gambling, as in card games, you cannot calculate the real probability of winning, because luck and also the emotional factor come into play. Sometimes you think you can win everything, you convince yourself that you have the best cards in trumps and then you lose miserably.
You don't know how many games of briscola i lost like this among 5 people

Well said, I also feel the same way.
Let's just say that it would depend on the outcome, I would consider it as expense when I lose, so it would be easier to accept, then consider it as an investment when I win.

What you said is a very good analogy, in this case it is different from my country, here investment sounds still common, people think it's a fraud mechanism just because there are some influencers who try to take advantage of people's ignorance for personal gain, until some people are traumatized by the term investment, so far most think gold is a real investment.

And the crazy thing is, online gambling has become something commonplace here, many have become addicts to the point of selling goods, even in some cases theft due to the need to gamble.

Who's caring about our losses? It will only take a moment, probably some few days to sort ourselves out and stand once again at the top. Why feeling remorse about the system? We can become formidable with our stand out game strategies, and deploy them because we're sick and tire of losing, time to turn things around for my own good. There's more specific risks in the system, we should be careful with our dealings in the system. This is the part where we get optimistic and forwarding our concentration on the things we benefits from.

I agree with you. Even though i prefer not to gamble, i understand that everyone has their own way of seeing things. Personally, i find it better to play with friends or other people, i like human contact.
I understand that everyone has their own tastes, maybe you like to be left alone to do your own thing

How you call your investment when it fall down in such way? :)

I can give another idea. Why we decided that expense is only money? First of all we spend time - the only resource we can`t get back.
In such way calculation becomes much difficult. I can spend 20 minutes after a hard day in slots or i can spend all the day trying to get $10 with my investment. In slots i lose money but rest, in investment i lose all the day to get $10. What is more expensive in such situation?

The amount of money I will use is a kind of investment that I will get fun from. By investing, I will get Fun as a return. Again, if I am lucky, I can get a very big money as return. So the money that is used in gambling can be a kind of investment. Expenses are those where you do not get any return on the money spent. Since there is no guarantee of anything from gambling, many people do not want to consider it as an investment. However, I think it is definitely an investment.

Don't think of gambling as an investment, because there is no guarantee that your investment money will return :),
I will consider the money that goes into gambling as a personal expense, so I don't really expect the money to come back to me

It is a good thought, in fact in some bets when there is enough luck, then the person wins and multiplies his money, if it usually happens, not all the time is lost, but it is good that the money that one has dreamed of betting is taken as if it were lost, only in this way there will be no regrets nor will there be any type of loss of control in our finances, those who say that betting is an investment have their economic concepts very wrong.

Gambling money cannot be considered an investment because an investment is something from which you will get a return later. In gambling, there is no guarantee that you will win or not. Where there is no guarantee, it cannot be considered an investment. Can gambling money be regarded as our daily expenses? For this, the money used while gambling should be viewed as an expense, not an investment.

And on the contrary, gambling can not be called an investment, simply because it involves taking a risk with money whose profit or return of investment no guaranteed, unlike investment made in the likes of Real estate, gold and Bitcoin whose profit are 100% fully guarantee within a long run. And as such, money spent during gambling are meant to be categories under expenses, despite the fact you stand the chance to double or triple whatever amount been staked when you are lucky enough to win. Because money spent while gambling is totally not different from money use in buying a movie ticket, since it's outcome are usually not always guarantee. As invested money is something whose profit is meant to grow within a long-term.

Definitely not an investment but a risky bet compared to a investment. We all are taking bets in everything, this one just stands out to be a risky one with minimum chances of getting back the capital.

It can be a big expense for those who are regularly gambling and still living in a net loss, which is like 99% of the gamblers and for them the casino is getting rich.

Daily expense indeed for the regulars, monthly or yearly for the tourist gamblers.

Gambling is not an Investment!

Gambling involves risking money, with uncertain outcomes that largely rely on chance. Unlike a long-term wealth-building strategy, gambling is a momentary win-or-lose endeavor.

Essentially, it is a high-risk activity with a negative expected return.

In comparison to financial investing, gamblers face unfavorable odds. A single poor bet can lead to significant losses.

Although professional sports gamblers may employ risk management strategies, such as analyzing players and teams or observing betting trends, the average gambler lacks effective loss protection.

While gambling can offer substantial rewards, these are typically short-lived and lack the stability associated with traditional investing.

I can't say it's expenses or investments, to me it's leftover money that I use to exchange for fun, expenses don't yield anything back to the spender, it is something you must do if you have responsibility or to even survive in this world today some expenses have to be met.

Investment is buying some shares of an asset and hold them till they appreciate in value for more profits in the future, too far away from the meaning of gambling, they are not the same.

Gambling is a high risk play, I accept this fact and take it very serious which makes me surrender that having fun with gambling is better than taking gambling too serious like you would do with your stock assets.

You are correct on this, In investment because when we have a deep understanding of this category scheme, we invest in something or an opportunity because we know
and are sure that there will be a return on the percentage average of the capital that we will use.

While in gambling like what you said dude, don't expect that there will be a return on the fund that you put into the casino, whether offline or online, expect that it will go to the casino
and this should be the mindset of all gamblers.

Therein lies the answer, gambling is not an investment, gambling will always be an expense, something that we should not romanticize as an investment, the word itself is one, gambling is basically an expense, a risk where there will be no ROI, unless there is very good luck, and that does not always mean winning more than what was bet.

I don’t know why someone will consider it as an investment while gambling is not a financial tool to gain income. Gambling doesn’t promise returns rather a chance only of profit if you get lucky unlike the typical investment that has returns percentage if you put your money on it.

Gambling is definitely an expenses, a luxury expenses because it always costly due to the high possibility of losing due to house edge.

I believe it’s only few number of gambler that manage to be in profit with their overall betting.

Gambling is a game of chance with its outcome dependent on luck. Let's be clear on that. So, having that in mind it won't be that wise to class any money one spends gambling as an investment. It's like banking on something that one can't really predict. That's not how investment works. I see whatever that's spent on gambling as expenses, and rightly so too.

So why we still think that trader is a profession? It is the same with gambling. He tries to predict result and get some profit with it. Of course, i`m talking about sport betting, it is predictable and we can calculate something. Not 100% of course, but it can be enough to get profit. Random games is only expense, even if we sometimes win.

I disagree. In trading there somehow a safety pin to avoid losing it all. The market moves but it doesn't go all the way down to zero in an instant. A trader could still save his money if he knows what he is doing. Alarms and notifications will really help in this situation.

Gamblers on the other hand doesn't have this kind of features to help them save their money. The cashout button doesn't work when the team you are betting for is losing. It only works when you hit your bet and want to pull out early to avoid losing it in case the results changes while there is still time left
So I think there's a big difference.

I don't look at gambling as an investment, it's too far to say that it's also an investment scheme. We all know that gambling is a place if you want to waste money even if we say we just want to have fun. Because at the end of the day the majority of players in the gambling industry communities are losers.

In gambling there is no guarantee that you will generate income, compared to investment there is a guarantee if we know how to choose the right investment.

You can cash out, when you see that something goes wrong. Of course not every moment, and not when it is too late, but often you have such opportunity. Also, you can try to hedge your bet. I can`t say right now how to use it like traders use stop-loss, but i think that it is possible to calculate how to get something like it.
Anyway it is tool and tools differs because it is different "markets" with different rules.

There are people who actually think it's an investment because they are being deceived by others. It's just like someone I know that told me that he had a means of getting sure odds of 1.15 daily and he told me that it's hundred percent sure, he considered this an investment and he went all in. He staked huge amounts of money getting back just little profits this made him very sure of it and overconfident until he ended up losing a huge amount of money. Gambling will always be an expense no matter how sure it might seem

The house edge in gambling is the main reason why I will always treat gambling to be an expense and wether you win or not..This is my Mental construction of it.. you can't make profit from gambling at the long run so even if you are winning it would still be a big expense to you...only a desperate gambler would see gambling as an investment,  a responsible gambler can't think like that.

I've heard many cases of people who were not able to get it right in games with high odds and for that reason they started betting on games with very low odds, something like @1.10 odds, but these people gave up after a long time because they realized that it was not profitable to place bets with low odds.

I believe that even if your friend had not gone All In, over time he would have realized on his own that placing bets with very low odds is not profitable in the long run. Even if he also placed bets with high odds he would also lose in the long run. Everyone realizes this at the end of the day.

Anything that does not have clarity regarding its benefits in my opinion is not worthy of being considered an investment, gambling is about chances or probability, there is no certainty or even any guarantee that you will win at the end of the game, the point is gambling and investment are two different things, the only similarity here is in terms of profit but clearly in gambling you will only profit if for example you are lucky and it is always unknown when it will come. This means that I consider the funds I allocate to gambling as expenses and from the start I have considered it lost or have no hope of winning.

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

It is never an investment in reality but people start with the mindset that they will make money and make the long standing casino bankrupt in one day (or night). Foolish thought but with a false sense of confidence it seems to be right when applied at that moment.

The casino will be winning no matter what you do as long as it is legally done. Hence the quicker you accept that you will lose your wagered money the better because the vicious cycle of losing and chasing losses to losing more starts very quickly.

Truely it is a personal expense spent on fun and games. ;D

Yes there is probably a forbidden Indian gambling science i suppose that is probably what is buried under DIA airport in Colorado not just an ancient Indian burial ground lol. In all seriousness it is pretty ridiculous of anyone to think they can out bet the casino at their own game. I wonder what their profits look like YoY.

The only time on which gambling could that become an investment is on the time that you are the house itself, or you have invested on gambling sites bankroll and getting a % of the revenue of a specific duration.
If we do pertain about being a gambler then there's no way that you can call it an investment and thats why we can say that this would be rather that an expense on which its recommended that you should be mindful about on the spending that you are making use with gambling and always be considerate about on having that limitation or making use of the amount on which it is extra or something that you can afford to lose. Never find yourself going excessive because this is where gamblers do usually messed up their lives just because of too much engagement without having that proper self control. Gambling is never been that considered as an investment if you do make use of your funds on playing on the casino or house itself. The only way that it could be an investment when you do invest on the bankroll itself.

When making up some budget allocation for gambling activity then its a must thing to consider. You cant just that lavishly spend out just because you do have money and to think that there's no such thing about unlimited funds on this world and no matter how rich or wealthy you are on which if you do came up with having no good control about your spending, then sooner or later on which there's that possibility that you have already that messed up your life just because you had mismanaged up yourself into those funds on which you should have supposedly have done it earlier.

Even though I completely agree with you and your perception of gambling money to be rather an expense and not an investment, I would like to point out that within the world of investments there are also risks, actually there are investments which are considered and labeled as "high risk" investments which do not have anything to do with casinos or gambling but still there is a chance to get negative profits out the initial capital.
The only thing separating gambling from investing is the degree of risk involved in the transaction and the possible outcome of the money being put in the first place.
That is why it is possible to "gamble" in brokers and cryptocurrency exchanges, by stepping up the risk, the futures market is a good example of it.

Of course, investment also has risks, as you said, logically there will be no chance of making a profit if it does not involve any risk and that applies to many other things, and for the percentage of risk it depends on the type of investment you choose, crypto and stocks are one type of investment that is quite high risk.

In the context above, it is certainly not ideal to compare investment with gambling, gambling has a very high risk, almost 100% and the chances are 50-50, the point is it cannot be predicted while in investment the risk is much more measurable and can still be managed.

Markets are manipulated. Just look what Trump is doing. As result - you have the same chances in the gambling and in the investment - both times you can`t guarantee the result. The difference is in the tools that we have.
And nowadays, looking at my stocks and bonds prices i can`t say that gambling fucked me the like market.

Definitely they are two different things regardless they should be treated differently and likes of me you can't consider what you gamble as an investment cause ij a clearer understanding we all know what an investment is and the money you gamble with csn be used for that purpose but it can be taken to be an expenses cause the money tend to go out of your hands with no room of returns, which is to say the chances of getting it are slim. So what I gsmvke with is an expense not an investment.

I agree with you, of course the budget used for gambling is an expense where the budget is spent even though gamblers may still win more than they bet. Investment includes too many aspects in it and gambling is really different. I will not gamble for the purpose of multiplying money and I cannot set long-term targets on gambling. Although both are risky, investment is a form of long-term planning to get returns from growth assets.

I don't care how someone views gambling, they may be responsible for their own decisions. Gambling and investing are different, they cannot be considered the same even though the risk of losing money can be a consequence of both.

We know that gambling should be done with money that you can afford to lose, which means that there is a guarantee of losing in gambling but no guarantee of winning. If there is no guarantee of winning in gambling, there is a guarantee of losing, then how can you consider making money from gambling as an investment? I can never consider a gambling platform as an investment because the money that is being deposited here and used for gambling can be lost at any time, there may be no return here, and even if there is a return, then later by participating in gambling again, you can lose more money along with that money, so this platform based on luck should never be considered an investment.

Yes, I strongly agree with you on what you just said above regarding how a money used in gambling shouldn't be categorized as a investment, due to it's money losing factor, whereby there is no guarantee of winning at all times, because for me, money spent on gambling is meant to be categorized as expenses, simply because it offers no guarantee of return of investments, and could ask of be seen like a money spent on buying either a movie ticket or coffee, whereby you are likely to either love the movie at the cinema or not, likewise the coffee, simply because it's outcome are not always guaranteed. So in a nutshell, money spent while gambling is an expenses.

I agree, sometimes people or players do not have the concept of expense and investment, sometimes they believe that playing in a casino is an investment because there is a possibility of winning, but it is not like that, there are many things that imply investment, among them ROI, that is why even to play in a casino you should know a little about economics so as not to lose money.

Yeah just because you play in a casino it doesn't increase your chances of winning. I wonder what the accurate win/lose percentage is for a given casino and given game. I'd be interested in seeing what the winning percentage is, I'm sure it's higher than the losing.

Those that treats gambling as a business, they'd consider their money here as an investment but that's a wrong mindset. It shouldn't be. Because what mostly gonna happen to their gambling money are going to lose so, if it's an investment to them they're mostly going to lose them. If we treat it as an expense then it's gone and there is no need for us to assume that we'll take it back being an investment. So, for someone who's matured enough to this market, there is no way that you'll treat it as an investment unless you're not going to change your mind despite the wrong assumption that you're doing. It's not going to work like that and you'll stuck into that thinking wrongly.

It would be interesting to see, but seeing that they don't Publish things like this it must be because there are numbers that could turn out to be very exorbitant , Because that is always kept secret not only because of Skepticism but for Security , but it is a fact that there is a lot of interest from many people to enter this business and be casino Owners , because the profits and all of their entries must be large , therefore it is a profitable business if everything is kept in Order.