Bitcoin Forum
May 23, 2024, 05:44:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 »  All
  Print  
Author Topic: Gambling vs Betting  (Read 7715 times)
JasonXG (OP)
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
November 23, 2016, 01:34:11 AM
 #201

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

I did not understand about this question because I think  gambling and betting the same thing equally in gambling
betting one type of gambling, gambling consists of several types of games one is betting commonly used in sports gambling

If you ask me about betting and some types of gambling I'm more profit from betting but not from winning  bet only profit from the various promotions and contests  Grin
me too, something of me is confusing about the question, but the difference of the two is that gambling is a game involving money then betting is what you use to do if you want to play that game.  Grin wahahaha! I don't think you all understand me. But thanks for reading anyway.

I say gambling because with getting you can learn about teams. Think about it this way. If betting was just luck then why do managers pay millions to buy and sell players ? People would not invest in a team they thought was going to lose. So there are way to increase winning. You cannot win all the time though so expect loses but its entirely possible to make money betting. Though those who do won't daily share their knowledge.
technobucks
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
November 23, 2016, 01:38:38 AM
 #202

I would go for betting than gambling, why? Because you have a decent chance of winning betting if you know what you are doing and with right time searching the game you'll ending up winning easy but on the other hand gambling just suck all your money away
Junko
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000


View Profile
November 23, 2016, 02:58:04 AM
 #203

When betting - either sportsbetting or betting in poker, you get to decide/pick your spots that are +EV situations (subjective in sportsbetting, of course). In gambling, not so much.
raaajlucky
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
November 23, 2016, 05:04:24 AM
 #204

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

I did not understand about this question because I think  gambling and betting the same thing equally in gambling
betting one type of gambling, gambling consists of several types of games one is betting commonly used in sports gambling

If you ask me about betting and some types of gambling I'm more profit from betting but not from winning  bet only profit from the various promotions and contests  Grin
me too, something of me is confusing about the question, but the difference of the two is that gambling is a game involving money then betting is what you use to do if you want to play that game.  Grin wahahaha! I don't think you all understand me. But thanks for reading anyway.
It's right mate, I am also confused, I figured gambling and betting both are same, because in both case money is involved, But you clarified my doubt, Gambling means game involved money, and Betting means we will put our money in a game, wow nice answer mate, Now I understand what exactly OP is asking. Thanks. 
stadus
Legendary
*
Offline Offline

Activity: 3108
Merit: 1292


Hhampuz for Campaign management


View Profile
November 23, 2016, 05:08:17 AM
 #205

When betting - either sportsbetting or betting in poker, you get to decide/pick your spots that are +EV situations (subjective in sportsbetting, of course). In gambling, not so much.
I am sorry but I was not able to snip out your explanation, in my own knowledge regardless of the type of games as long as there is money involve it is considered as gambling, now since sports betting involves money then it's obviously gambling.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
saiha
Hero Member
*****
Offline Offline

Activity: 840
Merit: 501

Strength in Numbers


View Profile
November 23, 2016, 05:16:03 AM
 #206

When betting - either sportsbetting or betting in poker, you get to decide/pick your spots that are +EV situations (subjective in sportsbetting, of course). In gambling, not so much.
I am sorry but I was not able to snip out your explanation, in my own knowledge regardless of the type of games as long as there is money involve it is considered as gambling, now since sports betting involves money then it's obviously gambling.

I don't even understand what he intends to say, what I just understand is you are explaining betting and games that you can bet.

And stadus is right, and for me there's no difference if we are going to compare betting and gambling. Besides betting is a type of activity for gambling.

So if you play and you are wagering your money betting it, that's gambling.


Vires in Numeris
arseaboy
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500



View Profile
November 24, 2016, 01:09:06 PM
 #207

When betting - either sportsbetting or betting in poker, you get to decide/pick your spots that are +EV situations (subjective in sportsbetting, of course). In gambling, not so much.
I am sorry but I was not able to snip out your explanation, in my own knowledge regardless of the type of games as long as there is money involve it is considered as gambling, now since sports betting involves money then it's obviously gambling.

I don't even understand what he intends to say, what I just understand is you are explaining betting and games that you can bet.

And stadus is right, and for me there's no difference if we are going to compare betting and gambling. Besides betting is a type of activity for gambling.

So if you play and you are wagering your money betting it, that's gambling.



Yeah that's what I think as well.. this is a good explanation about gambling vs betting.. they are both the same because both have valuables or money at stake.. I'm lost with the first explanation.

██████████████████████  ▀███▄          ▄██▄          ▄██████▄   █████████████████████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   ▀███▄        ▄████▄        ▄███▀▀███▄   █████████████████████████
                          ▀███▄      ▄██████▄      ▄███▀  ▀███▄       ▐███       ███▌
                           ▀███▄    ▄███▀▀███▄    ▄███▀    ▀███▄      ▐███       ███▌
   █████████████████        ▀███▄  ▄███▀  ▀███▄  ▄███▀      ▀███▄     ▐███       ███▌
                             ▀███▄▄███▀    ▀███▄▄███▀        ▀███▄    ▐███       ███▌
                              ▀██████▀      ▀██████▀          ▀███▄   ▐███       ███▌
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄         ▀████▀        ▀████▀            ▀███▄  ▐███       ███▌
██████████████████████          ▀██▀          ▀██▀              ▀███▄ ▐███       ███▌

.
R E I M A G I N I N G    E N E R G Y
█▄
▄█████▄
▄████▀████▄
▄█████▌ ▐█████▄
▄███▀▀██▌ ▐██▀▀███▄
▄█████▄  ▀▌ ▐▀  ▄█████▄
█████████▄     ▄█████████
██████  ▀██▌ ▐██▀  ██████
▀██████▄  ▀▌ ▐▀  ▄██████▀
▀███████▄     ▄███████▀
▀▀██████▌ ▐██████▀▀
▀▀▀▀▄█▄▀▀▀▀
█████
[.
TELEGRAM    MEDIUM
.
TWITTER   FACEBOOK
]███
███
███
███
███
███
███
███
███
███
███
███
███
███
███

███
███
███
███
███
███
███


███
███
[PRE-SALE]
C O M I N G 
SOON███
███

███
███
███
███
███
███
███


███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
Zadicar
Legendary
*
Offline Offline

Activity: 1344
Merit: 1020


Seabet.io | Crypto-Casino


View Profile
November 24, 2016, 03:04:51 PM
 #208

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

I did not understand about this question because I think  gambling and betting the same thing equally in gambling
betting one type of gambling, gambling consists of several types of games one is betting commonly used in sports gambling

If you ask me about betting and some types of gambling I'm more profit from betting but not from winning  bet only profit from the various promotions and contests  Grin
me too, something of me is confusing about the question, but the difference of the two is that gambling is a game involving money then betting is what you use to do if you want to play that game.  Grin wahahaha! I don't think you all understand me. But thanks for reading anyway.
It's right mate, I am also confused, I figured gambling and betting both are same, because in both case money is involved, But you clarified my doubt, Gambling means game involved money, and Betting means we will put our money in a game, wow nice answer mate, Now I understand what exactly OP is asking. Thanks. 
No matter what angle you will see it or define it, still a nonsense thing to ask because gambling and betting are just the same because how would you do gambling if you dont bet? Therefore, betting is definitely a part of gambling and theres no point on comparing them.

gabmen
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 529

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 24, 2016, 03:25:07 PM
 #209

We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?

I did not understand about this question because I think  gambling and betting the same thing equally in gambling
betting one type of gambling, gambling consists of several types of games one is betting commonly used in sports gambling

If you ask me about betting and some types of gambling I'm more profit from betting but not from winning  bet only profit from the various promotions and contests  Grin
me too, something of me is confusing about the question, but the difference of the two is that gambling is a game involving money then betting is what you use to do if you want to play that game.  Grin wahahaha! I don't think you all understand me. But thanks for reading anyway.
It's right mate, I am also confused, I figured gambling and betting both are same, because in both case money is involved, But you clarified my doubt, Gambling means game involved money, and Betting means we will put our money in a game, wow nice answer mate, Now I understand what exactly OP is asking. Thanks. 
No matter what angle you will see it or define it, still a nonsense thing to ask because gambling and betting are just the same because how would you do gambling if you dont bet? Therefore, betting is definitely a part of gambling and theres no point on comparing them.
yeah that's right. i actually had to reread the first comment saying that we all know betting is better than gambling lol. whichever way you put it there's really nothing to compare. it would just confuse you thinking about it if there is a difference between the two.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
Report to moderator 
 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..███████████████████████████████
referalol
Newbie
*
Offline Offline

Activity: 51
Merit: 0


View Profile
November 24, 2016, 03:30:47 PM
 #210

Gambling vs Betting? Do you mean to compare them?
I confuse because I think Gambling and Betting are just a same things.
Gambling is a game which need a money on it, and Betting is when you place your money in Gambling.
J Gambler
Hero Member
*****
Offline Offline

Activity: 910
Merit: 500


View Profile
November 24, 2016, 03:37:32 PM
 #211

There is no way to gamble without placing a bet in fact that is the very definition of gambling you put money behind a certain outcome and then wait for the results if its favorable you win a certain amount of money, if its unfavorable you lose your bet.
Gambling vs. Betting is the same loosing money and the difference in the betting is your just playing bets and your just taking the risk to play with the team nor number you just bet and the difinition of gambling is good most of people is choosing gambling than betting more profit in gambling.

Y U MAD AT ME
Kevin77
Legendary
*
Offline Offline

Activity: 1652
Merit: 1057



View Profile
November 25, 2016, 07:00:28 PM
 #212

Gambling vs Betting? Do you mean to compare them?
I confuse because I think Gambling and Betting are just a same things.
Gambling is a game which need a money on it, and Betting is when you place your money in Gambling.
I too think both are same thing, to me the whole process from start to end is being called gambling while betting is the amount you risk/put in one time, for example some time we say that while playing gambling I play some big bets more that 1 bitcoin each.
In other simple words : betting is sub set of gambling.
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
November 25, 2016, 07:48:41 PM
 #213

If you mean by betting that you make a bet with someone, than betting has a higher chance of profit than gambling.

You can make sure to only place or accept a bet when you are almost absolutely sure you are going to win. This way, your bets should be +EV. Gambling is -EV in almost all cases.
Fireblade
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
November 25, 2016, 08:08:52 PM
 #214

There is no way to gamble without placing a bet in fact that is the very definition of gambling you put money behind a certain outcome and then wait for the results if its favorable you win a certain amount of money, if its unfavorable you lose your bet.
Gambling vs. Betting is the same loosing money and the difference in the betting is your just playing bets and your just taking the risk to play with the team nor number you just bet and the difinition of gambling is good most of people is choosing gambling than betting more profit in gambling.
as gambling is the game of money, as we invest money in gambling to make it double and also is in our mind that we can also lose our own invested money, so gambling is the game through which we play for money and betting is the amount of every round we offer for play, so there is a little difference between the two, or we can say that betting is subset of gambling.
Doamader
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


View Profile
November 25, 2016, 08:57:42 PM
 #215

For me both are the same just with some differents, that are the odds when you gamble you have 50 odds to win or loose, and you play against the house, with betting sports you have 33% odds and you can predict the result in the general, but both are the ways most used for the most people, and bitcoin is a currencie that allows anybody to gamble, something that fiat cant do at some countries.
Labumi
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
November 25, 2016, 10:21:42 PM
 #216

For me both are the same just with some differents, that are the odds when you gamble you have 50 odds to win or loose, and you play against the house, with betting sports you have 33% odds and you can predict the result in the general, but both are the ways most used for the most people, and bitcoin is a currencie that allows anybody to gamble, something that fiat cant do at some countries.

All the things that you say it is true. But all things that are definitely in the gambling is the way we play, if we make the game the best way then I'm sure it will all be replaced by either way, so did the opposite. Indeed we are forbidden to not see anything bad in the gambling, but without seeing it all then we would do something a mistake that will make us a great loss
nikrobi
Full Member
***
Offline Offline

Activity: 303
Merit: 112


View Profile
November 25, 2016, 11:04:48 PM
 #217

I don't see difference. If you gamble, you make bets... One thing is common to the another. Maybe you want to say the gambling on dice game we don't have control over our bets (I don't agree with this, but I think you mean this), and on sports bet we can win with our skills "reading" the game and the statistics of each team.
There is some difference between the two, but the essence is the same, you are using your money to bet and try earning some money.
mobilestrike
Hero Member
*****
Offline Offline

Activity: 907
Merit: 500



View Profile
November 25, 2016, 11:33:34 PM
 #218

That is right betting is better than gambling as it is easily controlled by some knowledge but not everyone can participate in betting in real as we can see that people are betting very high so these people go for gambling especially to online gambling where they can gamble with minute amount.
TheGodFather
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


View Profile
November 26, 2016, 01:30:26 AM
 #219

I don't see difference. If you gamble, you make bets... One thing is common to the another. Maybe you want to say the gambling on dice game we don't have control over our bets (I don't agree with this, but I think you mean this), and on sports bet we can win with our skills "reading" the game and the statistics of each team.
There is some difference between the two, but the essence is the same, you are using your money to bet and try earning some money.
they've no difference with each other it's just that betting sometimes we think its a sports game or betting with our lives. maybe it depends on what we're thinking . but when you bet you gambling also theres no exclusion there. maybe theres a deep meaning about those two but the same essence just like you said.
stadus
Legendary
*
Offline Offline

Activity: 3108
Merit: 1292


Hhampuz for Campaign management


View Profile
November 26, 2016, 02:55:54 AM
 #220

I don't see difference. If you gamble, you make bets... One thing is common to the another. Maybe you want to say the gambling on dice game we don't have control over our bets (I don't agree with this, but I think you mean this), and on sports bet we can win with our skills "reading" the game and the statistics of each team.
There is some difference between the two, but the essence is the same, you are using your money to bet and try earning some money.
they've no difference with each other it's just that betting sometimes we think its a sports game or betting with our lives. maybe it depends on what we're thinking . but when you bet you gambling also theres no exclusion there. maybe theres a deep meaning about those two but the same essence just like you said.
Still the same results, we could either win or lose and it belongs to gambling. Regardless of the method,  still we are rooting for the money and the fun as well. What I know base on experience, games can be played but it's more exciting when there's betting involved that's why we adopted that and it has become a big business for the operators.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!