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Author Topic: Can gambling be considered a "high risk investment"?  (Read 11354 times)
Golftech
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December 12, 2016, 05:29:19 AM
 #381

With bitcoin gambling and investment were almost the same. Gambling when done based upon strategy user gets better winning chance. At times of losing situation too the loss can be minimized, but with investment needs a long study about the market as well the legitimacy of the investment website.
I agree but it also depends on the nature of investment you do, for example i invest in bitcoins and then once price hikes up I sell them and get profit, if you compare this with gambling I will quite frankly support price trading but if you are a investor in alt coins without much knowledge then gambling and investing has not much difference.

Better would always be investment since it gives experience while gambling would just make you more and more addicted.
Always think of having a great chance of return when it comes to investment, gambling has no decent chances of return when you are just playing on it. The mere fact that our chances is low compared to the house, we do not have a good future when it comes to gambling aiming for profit.

Let's be more matured and capitalize our knowledge and by being matured means investing in gambling sites bankroll is better.
If you already knew the possibilities of earning from the house it is much better to play with instead of trying defeating them, since house has been made to create money for its owner the system has been program to have an edge against the gamblers so better to think wiser and invest with them for a lesser risk for your money/btc.
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December 14, 2016, 05:08:30 AM
 #382

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.
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December 14, 2016, 05:20:56 AM
 #383

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.

Agree with this. If gambling was an investment, it would be a BAD investment as you have a negative edge ( the house always wins ). You can get lucky in the short term but it should be treated as a form of entertainment and not an investment as you will usually lose in the long run.
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December 14, 2016, 06:12:16 AM
 #384

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.

Agree with this. If gambling was an investment, it would be a BAD investment as you have a negative edge ( the house always wins ). You can get lucky in the short term but it should be treated as a form of entertainment and not an investment as you will usually lose in the long run.
For losers like you and like us it's a bad investment but for smart people it's an investment, however we need to set up a good capital to consider it as an investment and that is by putting our own casino, I know most of us cannot finance this kind of investment so with desperation we we play to beat them but since they have all the edge we failed in the end. Negative investment, you are right..

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December 14, 2016, 06:22:32 AM
 #385

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.

Agree with this. If gambling was an investment, it would be a BAD investment as you have a negative edge ( the house always wins ). You can get lucky in the short term but it should be treated as a form of entertainment and not an investment as you will usually lose in the long run.
For losers like you and like us it's a bad investment but for smart people it's an investment, however we need to set up a good capital to consider it as an investment and that is by putting our own casino, I know most of us cannot finance this kind of investment so with desperation we we play to beat them but since they have all the edge we failed in the end. Negative investment, you are right..
I think most of us here are losers in gambling, we can't deny the fact that despite of the loses we are still strong enough to gamble and hoping we can recover our loses. Without accepting defeat we can never stop gambling and it's a wrong journey we are making here, we should be more honest to ourselves because it's not helping us anymore.

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Bitcoin0916
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December 14, 2016, 06:22:58 AM
 #386

Of course, with the gambling money you could have lost everything. I think you should think before getting into gambling. Just like with investments, you money also could be lost. The best way it is wise before gambling and ready if lose.
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December 14, 2016, 06:27:50 AM
 #387

An investment is where you assess the level of risk you willing to take and the rewards must be greater than the risk taken. So for example, when you want to open a business as a form of your investment, do you just anyhow open a business that you see down the road or you reduce the risk by doing some research and focusing on things that you can do the best in.

Similarly, gambling is definitely a high risk, but is the reward more than the risk? With the existing of house edge, the reward will always be lesser than the risk, so if you want to x2, the risk is always more than 50% so that the casino will profit from it.
virasisog
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December 14, 2016, 06:36:57 AM
 #388

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.

Agree with this. If gambling was an investment, it would be a BAD investment as you have a negative edge ( the house always wins ). You can get lucky in the short term but it should be treated as a form of entertainment and not an investment as you will usually lose in the long run.
For losers like you and like us it's a bad investment but for smart people it's an investment, however we need to set up a good capital to consider it as an investment and that is by putting our own casino, I know most of us cannot finance this kind of investment so with desperation we we play to beat them but since they have all the edge we failed in the end. Negative investment, you are right..
Well ,it depends on our different point of view and knowing about gambling how you saw gambling and play it to earn or to have fun only we can't blame other if they saw it as fun only .We must mind our own business right? Instead of arguing them there is nothing good that will happen in the end. As long as ypu enjoy playing thats it dont mind others.
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December 14, 2016, 10:20:52 AM
 #389

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.

Agree with this. If gambling was an investment, it would be a BAD investment as you have a negative edge ( the house always wins ). You can get lucky in the short term but it should be treated as a form of entertainment and not an investment as you will usually lose in the long run.
For losers like you and like us it's a bad investment but for smart people it's an investment, however we need to set up a good capital to consider it as an investment and that is by putting our own casino, I know most of us cannot finance this kind of investment so with desperation we we play to beat them but since they have all the edge we failed in the end. Negative investment, you are right..
Well ,it depends on our different point of view and knowing about gambling how you saw gambling and play it to earn or to have fun only we can't blame other if they saw it as fun only .We must mind our own business right? Instead of arguing them there is nothing good that will happen in the end. As long as ypu enjoy playing thats it dont mind others.
Op just want to know the opinion of all people who are here regarding on playing gambling and results and answers would really be different since people are different regarding on their views and perspective into gambling. Gambling is not really an investment unless you are putting up money on the house itself but if you are playing on the site then its an entertainment not an investment,

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December 14, 2016, 10:33:49 AM
 #390

The purpose of gambling is to have fun. I am not considreing it an investment. Investment actually can make you a profit and thats definitely not gambling. Gambling is a risky game that may actually change your life forever. I have seen a lot of people who are actually addicted to gambling and lose all their money. Gambling is made to entertain ourselves. Investment is for serious matter and gambling is not.
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December 14, 2016, 05:17:42 PM
 #391

The purpose of gambling is to have fun. I am not considreing it an investment. Investment actually can make you a profit and thats definitely not gambling. Gambling is a risky game that may actually change your life forever. I have seen a lot of people who are actually addicted to gambling and lose all their money. Gambling is made to entertain ourselves. Investment is for serious matter and gambling is not.

Purpose of gambling is to have fun? That is the shit reason I have heard many time here in this section. There are other ways to make a person happy without risking their money.

Gambling is made to "make money on a short way". The purpose of it is to acquired money even for a small amount. Because of that reason it's forming up an "entertainment" that's making the people happy. Like you said you already seen a lot of people lose all of their money by gambling and then you are stating that gambling is made to entertain ourselves and to have fun? Where is the entertainment part after people lose money?

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December 14, 2016, 10:09:59 PM
 #392

The purpose of gambling is to have fun. I am not considreing it an investment. Investment actually can make you a profit and thats definitely not gambling. Gambling is a risky game that may actually change your life forever. I have seen a lot of people who are actually addicted to gambling and lose all their money. Gambling is made to entertain ourselves. Investment is for serious matter and gambling is not.

Purpose of gambling is to have fun? That is the shit reason I have heard many time here in this section. There are other ways to make a person happy without risking their money.

Gambling is made to "make money on a short way". The purpose of it is to acquired money even for a small amount. Because of that reason it's forming up an "entertainment" that's making the people happy. Like you said you already seen a lot of people lose all of their money by gambling and then you are stating that gambling is made to entertain ourselves and to have fun? Where is the entertainment part after people lose money?

No....I agree with Dmitry. The point is to have fun. That's why they call them "games"...many people don't care all that much if they win or lose, because they're playing with money that they're OK with losing
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December 15, 2016, 04:23:28 AM
 #393

The purpose of gambling is to have fun. I am not considreing it an investment. Investment actually can make you a profit and thats definitely not gambling. Gambling is a risky game that may actually change your life forever. I have seen a lot of people who are actually addicted to gambling and lose all their money. Gambling is made to entertain ourselves. Investment is for serious matter and gambling is not.

Purpose of gambling is to have fun? That is the shit reason I have heard many time here in this section. There are other ways to make a person happy without risking their money.

Gambling is made to "make money on a short way". The purpose of it is to acquired money even for a small amount. Because of that reason it's forming up an "entertainment" that's making the people happy. Like you said you already seen a lot of people lose all of their money by gambling and then you are stating that gambling is made to entertain ourselves and to have fun? Where is the entertainment part after people lose money?

No....I agree with Dmitry. The point is to have fun. That's why they call them "games"...many people don't care all that much if they win or lose, because they're playing with money that they're OK with losing

the point of it all is that people get off by taking risks, and whoever says we are gambling for fun, if they are telling the truth their fun and entertainment comes from the risks they are taking while risking their money. and if you remove the money part for example if there is a dice without option to deposit or withdraw nobody will play it.

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December 15, 2016, 04:38:30 AM
 #394

Of course, with the gambling money you could have lost everything. I think you should think before getting into gambling. Just like with investments, you money also could be lost. The best way it is wise before gambling and ready if lose.

Even in investments you can lost everything, it is just going to depend on how you are going to take the risk whether it is with gambling or investment. It is kinda more risky in gambling as we know it is totally a game of luck unlike with investment, we are going to have a chance of getting profit for being a skilled person in any type of investment.



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December 15, 2016, 04:43:54 AM
 #395

Correct . getting here and a lot of people know that bitcoin is an opportunity for a few people to earn bitcoin by making an investment site. but investment is far different from gambling. some investments are not a scam, but the average was not found in the online


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December 15, 2016, 05:05:13 AM
 #396

Gambling can be considered like that. Investment means that something you have bought or purchased that would hopefully generate profit or income right? You can control your risk by not gambling too much and be limiting your money you put into it. If you can't handle that, you should just consider saving your bitcoins somewhere else because in gambling you would lose it.

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December 15, 2016, 05:40:36 AM
 #397

Everyone thinks the same, gambling is high risk investment, we finally agreed on something. When investment has less then 10 % chances to bring profit its big risk. In this headline there shouldn't be "can gambling be..", there is no question about this.



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December 15, 2016, 05:49:18 AM
 #398

Let me get this straight gambling is not a investment. Gambling is for fun and you shouldn't consider it as a investment. There are many better places to invest your money.

But from the definition of investment it means putting resources in a place which could be money and expecting a yield and the same can be said of gambling because anyone engaging in it including myself is expecting a multiplication of amount wagered so it could be said to be investment but with high risk of losing your money fast...
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December 15, 2016, 12:04:02 PM
 #399

The purpose of gambling is to have fun. I am not considreing it an investment. Investment actually can make you a profit and thats definitely not gambling.
they are people who play gambling for profits and some of them just wanna have fun. i agree with you gambling is not an investment. Investment comes with a risk so its gambling also.
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December 15, 2016, 12:11:09 PM
 #400

not recommended gambling used as an investment, You know if you lose you will miss everything your betting

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