Bitcoin Forum
June 16, 2024, 05:55:14 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 [25] 26 27 28 »
  Print  
Author Topic: Can gambling be considered a "high risk investment"?  (Read 11354 times)
bitbob82
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
December 28, 2016, 07:06:16 AM
 #481

Playing gambling is not really an investment but only for entertainment and leisure times and we all know that investments are things that do gives us profits on long term basis and thats not possible on playing gambling itself unless if you have putted your money on the gambling house itself then it would be the time to call it as an investments.
Well, actually, sometime, we can consider gambling as a high risk investment. There are a lot of gambling masters who can get a decent amount from casino everyday and it does not surprise me at all. They know how to beat the house, how to mange their money and especially they have strategy which can make gambling become profitable

It is all our assumption but in reality not many people are winning money from gambling houses. If that is true we should have seen some of the gambling houses closed or making losses but we only see most of the time gamblers losing money. I don't consider gambling as an investment but it is pure entertainment paid games.
Hence, our way toward profit is when we chooses to side with the gambling house putting our investment rather than playing against them. It is not a secret to every gambler that house has the advantage so they win all the time, but we keep believing what is wrong because we don't accept the reality of our chances.
I do agree with it, therefore it is the right time now to save money that we can use for investment purposes, we cannot make a decent profit when we will not invest a decent amount as well. This is idea is only good for investors who can invest the amount required and those who can be satisfied with a small but consistent earning.

It is very serious, and in fact while investing in gambling sites, it will increase your bitcoins while the value is currently growing also.
Investing on gambling site is somehow a good idea and investors would surely put up money into the house specially on reputable gambling sites which do generate good profits on monthly basis.For me its also a high risk investment since all investment do have really risk on lossing money but its much better rather than on playing on the gambling site itself.


Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
yes no doubt about that that there is always involve risk in gambling but it depend on your bet if you put high bet then there is high risk but the winning amount will also be much more as compare to low bet.
wuvdoll
Legendary
*
Offline Offline

Activity: 1442
Merit: 1025



View Profile
December 30, 2016, 10:08:21 PM
 #482

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.
whizter
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


View Profile
December 31, 2016, 08:59:02 AM
 #483

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.
i think there are so many other risk factors, for example the type of gambling game. there is more risk in dice games as compare to sports betting, and your experience and gambling skill also effect your risk factors.

        ███████████████████▄▄▄
        ████████████████████████▄▄
           ████████████████████████▄
    ▄▄▄▄▄▄▄██████████████████████████▄
    ███████████████       ▀▀███████████
        ███████               ██████████
        ███████                ██████████
████████   ████████             █████████
▀▀▀▀▀▀▀▀▄▄▄████████             █████████
        ███████████             █████████
    ████   ████████            ██████████
    ████   ████████           ██████████
        ███    ████       ▄▄███████████
    ▄▄▄▄███▄▄▄▄██████████████████████▀
    ███████████████████████████████▀
████    ████████████████████████▀▀
████    ███████████████████▀▀▀
DIMCOIN   
❱❱❱  facebook  ❱❱❱  twitter  ❱❱❱  Telegram  ❱❱❱
.The Future of Equity on The Blockchain.
ged00u
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
December 31, 2016, 09:04:42 AM
 #484

Gambling always come with a risk to loose , and the risk is getting higher at the current bitcoin price with a daily big increase so it is better to hold till the price of bitcoin steady at all level.
i think it do not need to stop gambling i think if you have fixed a limit for your gambling  as i have fixed a limit comparing the value with bitcoin and then play it with according to my limit.
It is true gambling is always take risk that is 50/50 percent of winning and loosing you can't stop playing gambling you can't either fix your self to not being addicted on gambling once your start loosing you will start chasing what you've lost alreayd in gambling the higer of your temper to play the higer chance that you will gonna lose.

I don't that it is even a ratio of 50:50 for the percentage of your winning. Because in my opinion since, it is very high risk the chance of winning is only 20/80. As we know, there are gambling sites who have always the percentage which makes them the favor is always with them. And if you are going to chase your losses, you are the one that will be chased by them.
It is called the house edge. The house always setups the system which makes your chance of winning decrease less than 50%. And the more important thing which causes gambling riskier is your greedy. Players' greedy is the main key lead to the success of casinos. Gambling too much will make you lose more and more and more. It is hard to beat the house even you are a master in gambling
klf
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


View Profile
December 31, 2016, 09:07:42 AM
 #485

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.
i think there are so many other risk factors, for example the type of gambling game. there is more risk in dice games as compare to sports betting, and your experience and gambling skill also effect your risk factors.

Firstly I don't consider gambling as an investment because it is not and it is just a games with more excitement. You may or may not win money in gambling, and that depends only on your luck, not on any experience or other factors. You need an experience and knowledge to invest in other investments.
traderethereum
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 574


Vave.com - Crypto Casino


View Profile WWW
December 31, 2016, 09:14:05 AM
 #486

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.

██████
██
██
██
██
██
██
██
██
██
██
██████
██████            ██████
 █████            █████
  █████          █████
   █████        █████
 ████████      ████████
  ████████    ████████
      █████  █████ 
    ████████████████
    ████████████████
        ████████   
         ██████     
          ████     
           ██         
AVE.COM | BRANDNEW CRYPTO
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀.. CASINO & BETTING PLATFORM
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
🏆🎁
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████   ████████████████   ██████
.
..PLAY NOW..
.
██████   ███████████████████   █████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██████
bhadz
Hero Member
*****
Offline Offline

Activity: 2464
Merit: 566



View Profile WWW
December 31, 2016, 09:29:37 AM
 #487

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.
i think there are so many other risk factors, for example the type of gambling game. there is more risk in dice games as compare to sports betting, and your experience and gambling skill also effect your risk factors.

Yes that's true, dice games are riskier than sports betting. Because in sports betting it allows you to do some research and know the teams that you are going to bet your money and that's an advantage for you. By that way, many are thinking that their each bets are their very own investment in gambling which is seemingly high risk type of investment.

whizter
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


View Profile
December 31, 2016, 04:06:16 PM
 #488

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.
i think not only gambling but trading can also be consider as high risk investment specially if you have no experience and skill of trading, i think the risk is increase more if you also have no strategy for trading and gambling.

        ███████████████████▄▄▄
        ████████████████████████▄▄
           ████████████████████████▄
    ▄▄▄▄▄▄▄██████████████████████████▄
    ███████████████       ▀▀███████████
        ███████               ██████████
        ███████                ██████████
████████   ████████             █████████
▀▀▀▀▀▀▀▀▄▄▄████████             █████████
        ███████████             █████████
    ████   ████████            ██████████
    ████   ████████           ██████████
        ███    ████       ▄▄███████████
    ▄▄▄▄███▄▄▄▄██████████████████████▀
    ███████████████████████████████▀
████    ████████████████████████▀▀
████    ███████████████████▀▀▀
DIMCOIN   
❱❱❱  facebook  ❱❱❱  twitter  ❱❱❱  Telegram  ❱❱❱
.The Future of Equity on The Blockchain.
bitbob82
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
December 31, 2016, 10:33:06 PM
 #489

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.
but the money we involve in gambling make the gambling a risk factor then the amount of bitcoin that we put for gambling increase and decrease the intense of risk if you invest a big amount then the risk is high and if you are going to invest a small amount then the risk is little low.
jamyr
Sr. Member
****
Offline Offline

Activity: 1764
Merit: 373


<------


View Profile
December 31, 2016, 10:43:06 PM
 #490

To gamble is to take risk. But as The Pharmacist have said, the only way you can consider yourself as an investor in gambling sites, is if you invest in the bankroll. And investments dont have a house-edge to consider.

New Bitcointalk Talkshow Video(Aug 2023). Bitcointalk discussion
My bitsler ref link bitsler.com
slapper
Legendary
*
Offline Offline

Activity: 1960
Merit: 1100


Leading Crypto Sports Betting & Casino Platform


View Profile
January 01, 2017, 12:16:08 PM
 #491

To gamble is to take risk. But as The Pharmacist have said, the only way you can consider yourself as an investor in gambling sites, is if you invest in the bankroll. And investments dont have a house-edge to consider.
Well I agree that investing in the bankroll will give you some good profit every month. However, you must be wise choosing the right site in the right time. If you fail to invest the right casino, you will probably earn nothing for a whole month

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
hajimasan
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile
January 01, 2017, 12:25:12 PM
 #492

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
Actually gambling is a game of 99% risk of money loss garranty . So here is not a matter to consider gambling as a high risk investment . And in investment we have the history of the investment foundation wether he is paying or not but in gambling everything is for loss .
torry28
Legendary
*
Offline Offline

Activity: 1680
Merit: 1001


View Profile
January 01, 2017, 01:09:04 PM
 #493

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
Actually gambling is a game of 99% risk of money loss garranty . So here is not a matter to consider gambling as a high risk investment . And in investment we have the history of the investment foundation wether he is paying or not but in gambling everything is for loss .
Even though gambling has 99% chance for losing your money, there is still 1 % chance you could be rich from gambling, and there are few lucky apeople who successfully reach that. Gambling will considered a "high risk investment" if we invested our money and set to max kelly in a gambling site (IMO)
hurain
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
January 01, 2017, 06:30:46 PM
 #494

for me, gambling is not high risk investment but its only gaming that we've play with money involve. but if investing in the house then i consider its high risk investment because if we don't select the good gambling website then we are risk our money.
yes i agree with you, i think there is no risk in gambling but the way we play gambling is responsible for gambling for example if we are putting high money in gambling for making more income so we are increasing the risk because there are more chances to lose my own money in gambling.
BALIK
Copper Member
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 593


🍓 BALIK Never DM First


View Profile
January 01, 2017, 07:16:43 PM
 #495

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
There are many gambling sites that offering investment from their bankroll, I think the words "high risk investment" is if you directly invest in the gambling site but if you only play then the words "high risk investment" is not right, just like other said gambling is only game that we have play with money involve.

BitMaxz
Legendary
*
Online Online

Activity: 3290
Merit: 3018


BTC price road to $80k


View Profile WWW
January 01, 2017, 07:52:22 PM
 #496

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
Actually gambling is a game of 99% risk of money loss garranty . So here is not a matter to consider gambling as a high risk investment . And in investment we have the history of the investment foundation wether he is paying or not but in gambling everything is for loss .
Even though gambling has 99% chance for losing your money, there is still 1 % chance you could be rich from gambling, and there are few lucky apeople who successfully reach that. Gambling will considered a "high risk investment" if we invested our money and set to max kelly in a gambling site (IMO)
I think not all games that you only have 1% chance to make profit for getting rich if you are just betting small amount you can not be rich.. or betting in lottery can be rich with a small amount of bet but it is hard to win in that place..
Sports betting is much better than the other game that can gives you more chance to win depends in your skill and luck both are needed to be win in sports betting. it is easy to predict jsut to watch the game plays of every team and tips can also help you to choose ..

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
BitFinnese
Copper Member
Hero Member
*****
Offline Offline

Activity: 1050
Merit: 500


View Profile
January 01, 2017, 07:55:53 PM
 #497

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
There are many gambling sites that offering investment from their bankroll, I think the words "high risk investment" is if you directly invest in the gambling site but if you only play then the words "high risk investment" is not right, just like other said gambling is only game that we have play with money involve.

Nope I think it is the other way around, if the site is legit and trustworthy.  There is more risk in playing in a Casino than investing in it.  Just check the odds and probability of winning.  According to the percentage, House have higher chance of winning, meaning if you invested in a Casino, there is more chance that you will earn profit than playing in it.
john2231
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1001



View Profile
January 01, 2017, 08:10:47 PM
 #498

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
There are many gambling sites that offering investment from their bankroll, I think the words "high risk investment" is if you directly invest in the gambling site but if you only play then the words "high risk investment" is not right, just like other said gambling is only game that we have play with money involve.

Nope I think it is the other way around, if the site is legit and trustworthy.  There is more risk in playing in a Casino than investing in it.  Just check the odds and probability of winning.  According to the percentage, House have higher chance of winning, meaning if you invested in a Casino, there is more chance that you will earn profit than playing in it.
You have a point but according to other reviews about investing for different gambling casino there is gambling site that actually not giving you a good profit instead it can drain your investment gradually.. so it is still better to test your investment in many different gambling casino and choose after you reviewed you can disable or stop investing when you are experience of losing and stay enable your investment where you are making good profit.. i heard that betking is one of the site that can gives you good profit..
bitbob82
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
January 01, 2017, 09:05:03 PM
 #499

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.
yes but it also depend on your experience if you have good experience of gambling then you can minimize the risk in gambling as there are some games where you can use your experience to get succeeded.
Natalim
Hero Member
*****
Offline Offline

Activity: 2954
Merit: 592


BTC to the MOON in 2019


View Profile
January 02, 2017, 03:43:07 AM
 #500

Investing and gambling is a matter of decision making so this things will always rely on you. How much to lose or to gain is depending on your bets , same with when or where will the betting be. High or low risk it doesn't matter. The risk is always there.
It is depending on your investment, if you are investing a large amont then surely the risk is high and if you are going to invest a small amount then there is low risk, but the fact is that risk is always involve not only in gambling but in all types of trading also.
yes but it also depend on your experience if you have good experience of gambling then you can minimize the risk in gambling as there are some games where you can use your experience to get succeeded.

However, making money in gambling is not easy as we think. It involves skills and experience to succeed, you can tell that by yourself if you have a future with gambling because you are the one that is playing and you can always track your record, but be honest with yourself as that is the biggest mistake most gamblers are making.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 [25] 26 27 28 »
  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!