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Author Topic: What is GAMBLING?  (Read 8487 times)
Oralmat (OP)
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May 18, 2016, 10:58:23 AM
 #1

I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS  
smho_16
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May 18, 2016, 11:01:50 AM
 #2

Gambling can only be gambling, anyone claiming they are doing business or investing by playing through it I cannot believe it . Investment to bankroll of casino is possible.
In gambling in games of luck there is something called the house edge which sooner or later will come into play and you will come out at a loss.
There are soccer bets and soccer where you have higher chances of winning as you need skill to play these games too, however in the most of the plays you will still lose in the long run.
So in the end I can say , gambling can only be gambling and usually is not fun when you are losing money.
susila_bai
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May 18, 2016, 11:07:21 AM
 #3

Gambling is split between skill and non skill games,

dice, rouletter, casinos games are considered non skill games as they need luck to win more than strategy,

poker, sports betting, in this games you need skill and strategy, in particular sports betting is like business if you are doing fully analysis about the games and go for small confirm game profit, then on long term you are in profit, this games needs skill.

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May 18, 2016, 11:10:03 AM
 #4

Gambling is split between skill and non skill games,

dice, rouletter, casinos games are considered non skill games as they need luck to win more than strategy,

poker, sports betting, in this games you need skill and strategy, in particular sports betting is like business if you are doing fully analysis about the games and go for small confirm game profit, then on long term you are in profit, this games needs skill.



Even if you do careful analysis of the games in soccer betting, the end result in the long run will be at loss , because even some games with 1.30 odds will end in 0-0 result full time, destroying all your previous wins so there is no actually any escape from losing in gambling in the long run, even in soccer betting, thats why it will always be called gambling.
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May 18, 2016, 11:12:32 AM
 #5

I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Because most of gamblers have gambling addiction problem which is making them to play again even after losing.

Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS  

Well to me its only entertainment and nothing more than that.I play it as a game and somehow I am now controlling myself from gambling addiction problem.Play it as a fun and am sure one will always be able to control his addiction problem.
ajaxmoor
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May 18, 2016, 11:13:16 AM
 #6

Gambling is only gambling. Sometimes its business. I do sportsbetting for a living and for me it has been profitable, however even then some risk exists.

If you were to consider any other form of gambling then it is a poor decision. I haven't seen a lot of people pull off continously winning. Some people just gamble to go all in and hope it banks out for them.
BTCLovingDude
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May 18, 2016, 11:19:44 AM
 #7

I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS 

it is only a game and that is all there is to it.

but gambling is not a normal game because in any game you pay money and play it. but in gambling you pay money and then there is a chance that you win that money back with profit.

and that makes it interesting .

--looking for signature--
btcltccoins
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May 18, 2016, 11:19:57 AM
 #8

I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS  

It is the main sentence that everyone say that we all loss in gambling....
Secondly for me, the real name of the Gambling is a GAME. when i play gambling first time, so i told to me friend let play gambling.because everyone know that it is a game.
but you can't use the other worlds like investment and business for it.
For me, Gambling is it game or not but sure it is not investment or business.    
  
BitcoinBabbler
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May 18, 2016, 11:25:58 AM
 #9

Fun and money with risk = Gambling. Cheesy You get some, you lose some.
equator
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May 18, 2016, 11:32:56 AM
 #10

Gambling is split between skill and non skill games,

dice, rouletter, casinos games are considered non skill games as they need luck to win more than strategy,

poker, sports betting, in this games you need skill and strategy, in particular sports betting is like business if you are doing fully analysis about the games and go for small confirm game profit, then on long term you are in profit, this games needs skill.



Even if you do careful analysis of the games in soccer betting, the end result in the long run will be at loss , because even some games with 1.30 odds will end in 0-0 result full time, destroying all your previous wins so there is no actually any escape from losing in gambling in the long run, even in soccer betting, thats why it will always be called gambling.

I dont agree with you this you are telling only if you are playing on team Moneyline, their are  so many option to play with security, if you do deep analysis then i confirm that you will be in profit,

I play sports betting but i play with fixed strategy i go same bet size with all bets means if i have bankroll of 1 btc then i do 15% spread in all bets not more or less so on calculation i have my profit on bankroll,

Their is lot of options to play in sports betting if you do deep calculation and play safely. dont get greedy overcome you
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May 18, 2016, 11:34:03 AM
 #11

The general term is basically you are wagering fiat currency with the respect of an unpredictable outcome. Its similar to playing games and such however if there is no money involved, its not gambling.
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May 18, 2016, 11:36:29 AM
 #12

Gambling is the wagering of money or something of value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods.

All three options are gambling. Business and investment for casino owners. Game for those who play for fun. Sad, but the rest thats addicted players who is the most..

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Oralmat (OP)
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May 18, 2016, 11:41:49 AM
 #13

Fun and money with risk = Gambling. Cheesy You get some, you lose some.

I Like your Sentence, but what is your Answer.
Actually mostly people are saying it is not investment, and that is right. but on the other hand, some people say that we are playing because it is a business for us, but i think it is only business for those people who have CASINO, because they are doing business and we are just playing, but not playing like a game, we play because we think may be we will win it and earn a lot of money.
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May 18, 2016, 11:47:51 AM
 #14

Fun and money with risk = Gambling. Cheesy You get some, you lose some.

I Like your Sentence, but what is your Answer.
Actually mostly people are saying it is not investment, and that is right. but on the other hand, some people say that we are playing because it is a business for us, but i think it is only business for those people who have CASINO, because they are doing business and we are just playing, but not playing like a game, we play because we think may be we will win it and earn a lot of money.

It can never be a business, it is too risky (except those who own it). Investment sounds allright, but it is more likely a "risky" investment. I vouch for game. Cheesy Risky one, so poor people should stay away from this one.
rio3233
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May 18, 2016, 11:51:47 AM
 #15

I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS  

For me gambling is a game and and an investment. Gambling it's a game like you predict which team who will win. Investment like if you win you can doubling your money.
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May 18, 2016, 12:33:48 PM
 #16

I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS  

No you missed actual answer gambling is LOSS. means loss of your money yes many gamblers will loose number of BTC daily so i think gambling is not a investment using Bitcoin we can invest in any business. But We call gambling is a Business yes there is a lot of gambling sites are making huge profit but for that we need huge investment. So normal persons like me we treat gambling is Game only.
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May 18, 2016, 12:35:36 PM
 #17

Just wanted to make this short and simple. Just quote this if you want further explanation.

Gambling is a game for those people who accept the fact that there's a possibility of losing a lot. They gamble in order to try their luck.

Gambling is an investment for those people who use autobet feature. They run a custom script. Some people actually do make some money out of this. They needed to buy or make a really good custom script. But according to most players, running a custom script in the long run leads you to bankruptcy.

Gambling is a business to casino owners (of course). The service they offer and the other stuffs that you buy inside a casino is what makes them earn more.

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BitcoinHodler
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May 18, 2016, 12:39:13 PM
 #18

gambling is simply a game nothing else. and all those people who think it is an investment they are just fooling themselves.

it can only be an investment if you are investing in the casino bankroll or you are on of the owners.

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May 18, 2016, 12:41:39 PM
 #19

Gambling is really not a business unless you are running the gambling site.  I wouldn't call it an investment since it is very high risk.  It can really only be considered to be a game unless you are so good at it that you know how to beat it.
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May 18, 2016, 01:11:07 PM
 #20

Gambling for me it means fun, I gamble because i like it ok sometime I do lose a lot but sometimes I do win big, I cold ask the same What is smoking or drinking and why doing it!

Ok some people see it as investment good for them but I not belive that you can get huge money from gambling, in long term you will lose all or at least a big amount of the money you (invested)!
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