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Author Topic: Can gambling be considered a "high risk investment"?  (Read 11354 times)
mindrust
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August 25, 2016, 05:29:01 PM
 #81

You don't have to study anything or need to have any skills to become a gambler. (other than sports betting and some other spesific games, where you can improve your chances to win slightly and still not considered as an investment)

You make an investment because you expects to gain money based on your knowledge about the investment. You studied that investment before and that is why you have chosed to invest in there. In gambling, you just click a button and hope to win. That's not an investment.

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skysblu
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August 25, 2016, 05:32:34 PM
 #82

Gambing could be considered an investment only for gambling site holder. Gambler are loser  99 time over 100  Cool

I don't think its 99% are losers but maybe more like 90-95%. There are some people with risk management that do produce a profit but most people are losers and the casinos profit off them.
I agree with you, because there are gamblers using management of money and risk when play gambling (include me). Although it is not warrant we can not lost our money, but it is just for control our money on gambling.

Well, gambling is not only Sport bet or Dice, but Lottery and scratch & win too, and there you couldn't apply any kind of money management or strategy.

I think except sports betting and poker games, We not see any other games are skilled base game. All games in gambling are risk.  But suppose if we have luck means we will make some profit. But making a profit in gambling is not easy. So putting money in gambling is high-risk investment.
thats true, thats why bitcoin gambling is not an investment at all, it is just wasting money in my opinion without any reward
yeah, gambling usually is just a  waste of money but i still really like playing it
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August 25, 2016, 06:29:36 PM
 #83

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

What I can understand base in your statements above is that you are asking about high risk investments being considered as gambling not the other way around which is your subject - gambling be considered as high risk investment. So to answer your question base on what I understand, the time you put money into something with the hope of getting something in return is an investment so as gambling. High risk investments can be considered as gambling because like investing in stock market, you are still not sure what will the outcome be. I will just share what Peter Lynch said:"An investment is simply a gamble in which you've managed to tilt the odds in your favor."

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Jasad
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August 25, 2016, 09:04:58 PM
 #84

Well yes it can be considered an investment and because its high risk that's why its also a very risky one.

Basically any types of stock or forex trades can be considered high risk investments also if you don't know what you are doing,.
no it is not , gambling and investment are pretty much different ,
you can not compare it and consider gambling as high risk investment ,
in gambling you will not receive your capital back if you lost but investment you can still expect to get your capital back ,
for me gambling and investment are different at ll.

Op clarify things that although gamblings is not investment,  but as i see that gambling is very at high risk option for us to do since we can lost big money from it if we insist to gamble eventhough we are about to lose everythinh we've got and also maybe you should go if you want or anybody wants to invest on casino eventhough it is risky but this thing would provably can generate us money since house most get the wins at all.
i know more likely he means a HYIP (High-Yield Investment Program) services ,
and its actually an investment with high chance to lose money instead just high risk ,
as most of HYIP services run for nothing , and not pay for a single person ,
it's not gambling nor investment for me .

How can you be so sure that is HYIP? I think OP just want to invest on gambling site but need to know if it is really safe or  not since it is gambling so I think it will be high risk investment though, although you are opening site it will just still high risk because with high risk to earn huge amount
i don't know , it is just my opinion and feel free to comment on it ,
as op stated "you can either lose it all or earn a lot of money." this kind investment are about HYIP right?
gambling are not kind of investment , it is just a game for lazy people Sad ,
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August 25, 2016, 10:55:52 PM
 #85

I think yes, because on gambling we put our bitcoin/ money as beting. And we can not make cut lost on gambling, that why i never play gambling with big amount of bitcoin as beting. Because i must be ready for lost it.
It depend on how your definition of gambling, we could consider gambling as a high risk investment since it can give profits or loss it, because many kind of gambling available. If you have some experiences and skills about kinds of gambling that not only depends on luck, you might get good profits.

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Doamader
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August 25, 2016, 11:06:13 PM
 #86

There is nothing to consider here, gambling is a high risk investment as it can allow you to make some money as can take all your funds and ruin your life, soo dont consider its a high risk. Sure hyip are the worst as they run with investors money, but gambling is a problem for the most.
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August 26, 2016, 12:42:49 AM
 #87

You must need to consider the meaning of investment first. From what I know Investment even if High Risk takes years or at least a year before you take profit of it. Lets make stocks for example you can't call it an investment if you hold it for even less than a year it's called trading. Day Trading, Swing Trading, Position Trading. I can't call a day in a casino as an investment bro, or any of our fellow members will.
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August 26, 2016, 01:00:53 AM
 #88

It doesn't consider as a high risk investment because high or low risks doesn't matter, you will still lose big time.  Grin
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August 26, 2016, 01:22:59 AM
 #89

It doesn't consider as a high risk investment because high or low risks doesn't matter, you will still lose big time.  Grin

I think that there is the possibility of winning, as people do win, but not in the long run, unless you play a game with no house edge.

However, this is what I found for the definition of investing:

"Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture."

Gambling at a dice site isn't any of those, so I'd say no, not by definition. You could look at it as an investment, but it's a risky one that most likely will not work out.
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August 26, 2016, 04:47:41 AM
 #90

Well yes it can be considered an investment and because its high risk that's why its also a very risky one.

Basically any types of stock or forex trades can be considered high risk investments also if you don't know what you are doing,.
no it is not , gambling and investment are pretty much different ,
you can not compare it and consider gambling as high risk investment ,
in gambling you will not receive your capital back if you lost but investment you can still expect to get your capital back ,
for me gambling and investment are different at ll.

Op clarify things that although gamblings is not investment,  but as i see that gambling is very at high risk option for us to do since we can lost big money from it if we insist to gamble eventhough we are about to lose everythinh we've got and also maybe you should go if you want or anybody wants to invest on casino eventhough it is risky but this thing would provably can generate us money since house most get the wins at all.
i know more likely he means a HYIP (High-Yield Investment Program) services ,
and its actually an investment with high chance to lose money instead just high risk ,
as most of HYIP services run for nothing , and not pay for a single person ,
it's not gambling nor investment for me .

How can you be so sure that is HYIP? I think OP just want to invest on gambling site but need to know if it is really safe or  not since it is gambling so I think it will be high risk investment though, although you are opening site it will just still high risk because with high risk to earn huge amount
i don't know , it is just my opinion and feel free to comment on it ,
as op stated "you can either lose it all or earn a lot of money." this kind investment are about HYIP right?
gambling are not kind of investment , it is just a game for lazy people Sad ,


But you still can earn through gambling and that is not 100% HYIP because it is different between gambling and HYIP. You can earn through gambling or may be if you are lucky enough you can hit some jackpot and earn a lot but in HYIP it is sure loss for guarantee
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August 26, 2016, 05:20:13 AM
 #91

Gambling is not an investment - It's a form of entrainment.

If you want to invest money, do it in a business or in stocks or anything where you have an edge to win money.
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August 26, 2016, 05:28:17 AM
 #92

Gambling is not an investment - It's a form of entrainment.

If you want to invest money, do it in a business or in stocks or anything where you have an edge to win money.
It is clearly an investment if you invest in the house, investment in the sense because instead of losing your money in gambling you will be earning more money because of putting your money as bankroll of the sites, the income of a certain site will be shared accordingly base on the proportion of your investment.
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August 26, 2016, 05:38:04 AM
 #93

Gambling is not an investment - It's a form of entrainment.

If you want to invest money, do it in a business or in stocks or anything where you have an edge to win money.
It is clearly an investment if you invest in the house, investment in the sense because instead of losing your money in gambling you will be earning more money because of putting your money as bankroll of the sites, the income of a certain site will be shared accordingly base on the proportion of your investment.

Right, you could separate gambling game and gambling site invesment/house itself. You could really invest to a gambling site as a shareholder on their bankroll same as you said and you could gain profit with it even you don't play in their site since you're an investor and you could gain partial profit in total loss of those gamblers who loss in the site.

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August 26, 2016, 05:43:08 AM
 #94

Gambling is not an investment - It's a form of entrainment.

If you want to invest money, do it in a business or in stocks or anything where you have an edge to win money.
It is clearly an investment if you invest in the house, investment in the sense because instead of losing your money in gambling you will be earning more money because of putting your money as bankroll of the sites, the income of a certain site will be shared accordingly base on the proportion of your investment.

But OP has mentioned that gambling is not an investment, and that is true. But if you invest on casino bankroll then that is different, and it will be a high-risk investment. People who are ready to take risks of losing money in short term can invest in bankrolls and in the long run can make good profits.
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August 26, 2016, 05:55:50 AM
 #95

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy
yes somewhat like Gambling and Investment is the same. However in Gambling the percentage of you losing money I guess is higher since this is a game of chance, there is no such thing as strategy that we can accept as legit. While in investment you have a guide, example is trading, pick a company that you think will earn by looking at their future investments. This can help you decide if company you wish to invest will stay on top or drop in the next few days.
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August 26, 2016, 05:07:36 PM
 #96

it shouldn't even be a consideration because gambling definitely is a high risk investment and you're more likely to lose money here. investing on something that banks on chance and luck is not a very good way to place your money on. there are a several other ways to invest your money in that would have you grow your investment and i don't gambling is one of them
In my opinion, the investment should even be out of it simply saying high risk is enough because that what gambling is as you have no input what so ever in the outcome whether its chance or someone somewhere is manipulating you, you have no idea. So if there is anything higher that that qualification, I will gladly accept...

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August 26, 2016, 05:10:47 PM
 #97

Gambling is not an investment - It's a form of entrainment.

If you want to invest money, do it in a business or in stocks or anything where you have an edge to win money.
It is clearly an investment if you invest in the house, investment in the sense because instead of losing your money in gambling you will be earning more money because of putting your money as bankroll of the sites, the income of a certain site will be shared accordingly base on the proportion of your investment.

But OP has mentioned that gambling is not an investment, and that is true. But if you invest on casino bankroll then that is different, and it will be a high-risk investment. People who are ready to take risks of losing money in the short term can invest in bankrolls and the long run, can make good profits.

What I was trying to explain is that in my opinion GAMBLING as a form of making money or earning a living is not even an investment, it's a way to give out your money. Gambling is meant to be for fun and to win some money or lose money you can afford to lose.

People sometimes say "Casinos are sh!t they take people's money" when as soon you get to a casino you'll see tons of "Gamble responsibility campaigns" everywhere. It's your choice if you want to suck in life and lose your money or invest in business or work in a 9-5 job and go and play with your spare money without any "real" risk of losing your monthly salary.

It all comes to being intelligent. You can make money gambling, but at the end, the house always win. Don't fool yourself.

If you like to gamble, do it for fun and entertainment. Some people like to spend their money in fancy restaurants and some of them like to spend it in the roulette, what's the problem when it's done with responsibility?
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August 26, 2016, 05:28:33 PM
 #98

Gambling is an investment, there are some people that profit from gambling especially if it is something like sports betting as skill can be applied to help increase the chance of placing a winning bet. Something like a dice however is purely based on luck, even strategies like martingale require luck.
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August 26, 2016, 05:32:07 PM
 #99

it shouldn't even be a consideration because gambling definitely is a high risk investment and you're more likely to lose money here. investing on something that banks on chance and luck is not a very good way to place your money on. there are a several other ways to invest your money in that would have you grow your investment and i don't gambling is one of them
In my opinion, the investment should even be out of it simply saying high risk is enough because that what gambling is as you have no input what so ever in the outcome whether its chance or someone somewhere is manipulating you, you have no idea. So if there is anything higher that that qualification, I will gladly accept...
In my opinion you will lose more in gambling than trading if we compare it they are difference experience because gambling give only entertainment and fun unlike trading that you are buying altcoin sell to have a profit..
So its more high risk in gambling..
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August 26, 2016, 05:33:55 PM
 #100

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

I also think the same as you stated in the first sentence, that gambling is not a place for investment, but a place for entertainment. With that we can say that someone will get a bigger amount within a bet but it is not sure that all the time every investment will give us the profit, we should have to spend at there not to invest.
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