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Author Topic: what is definition gambling in your mind?  (Read 20201 times)
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April 13, 2017, 06:32:26 PM
 #681

Is depends on people mind because everyone has his own thoughts about gambling, some people will treat gambling as fun.
Some people will treat it as serious money making, but many people don't know they look for higher margins of income with low investments.
At the same time, they need think that there is huge risk involved in it.
Actually gambling is just like investment but here you have faster results and the edge plays against you.
When you do currency trading on a platform like Instaforex they also charge you fees but very tiny, gambling is just like that but with a higher fees you can say.

In core though gambling is just a fun activity but honestly man when money is involved the fun becomes too tiny and the addiction grows. Play with play money and you would never get addicted, since its the money that addicts us.

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April 14, 2017, 05:35:11 AM
 #682

Many people said the gambling is just a game and another people said it is Investment. How do you think?  Roll Eyes
i think it depend on people because some people play gambling for fun only like other video games etc,and some people play it for investment but i think we should play it only for entertainment just like other games because in gambling there is a lot of risks to money, sometime people lose everything and sometime they win.

I could guess, everyone know that gambling is a way to give us entertainment. But instead of it, most of the people play gambling, for making money, and they think it is a source of gain money in a short cut. So in this way, you are right, everyone have their own thinking about gambling.

Those people that thinks about gambling as an entertainment are the ones hiding their main goal why they are gambling. I know there are some that have that reason why they gamble. But the definition of gambling that comes to the mind of majority is all about, money, greediness, profit and everything that is about finances.

Well you know what, incorporate gambling with your finances and its like putting a noose over your neck. I don't think all gamblers feelnthe same about what you said. There still are thoae who consider gambling as just a fun way to pass time with a chance of easy money. No pressure about earning. They win if they win, they lose without having any regrets because they know gambling is about playing with your chances without any guarantee of winning

Those gamblers that are just gambling for fun are very few, they are might be rich already and just looking for something to spend their wealth. But for others that upon hearing the word gambling, most of us are thinking the same thing as I said. Here in my community, when someone said gambling, many are thinking about it.

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April 14, 2017, 05:45:47 AM
 #683

In order to call something gambling, 2 requirements must be met:

1. Putting money at stake on order to make more money

2. Having negative expected value

Many people like to say that trading is just gambling, or buying Bitcoin is a gambling, but if it's impossible to prove that expected value is negative, then you can't call it gambling. This is the main difference between gambling and investing/trading. Gambling is also usually instant, but not necessarily.
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April 14, 2017, 05:55:29 AM
 #684

In order to call something gambling, 2 requirements must be met:

1. Putting money at stake on order to make more money

2. Having negative expected value

Many people like to say that trading is just gambling, or buying Bitcoin is a gambling, but if it's impossible to prove that expected value is negative, then you can't call it gambling. This is the main difference between gambling and investing/trading. Gambling is also usually instant, but not necessarily.
Well, the positive thing is to look always at the bright side, never on the downside. Everything has risks always, and that's what can challenge us the most. The difference is that money is at stake. Some people want to gamble to earn profits, and that's what everyone wants.

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April 14, 2017, 11:14:26 AM
 #685

In order to call something gambling, 2 requirements must be met:

1. Putting money at stake on order to make more money

2. Having negative expected value

Many people like to say that trading is just gambling, or buying Bitcoin is a gambling, but if it's impossible to prove that expected value is negative, then you can't call it gambling. This is the main difference between gambling and investing/trading. Gambling is also usually instant, but not necessarily.
Well, the positive thing is to look always at the bright side, never on the downside. Everything has risks always, and that's what can challenge us the most. The difference is that money is at stake. Some people want to gamble to earn profits, and that's what everyone wants.

In life we do indeed have plenty of gambles, we even gamble everyday without knowing it. Think about it, we try to live our lives in hopes we can have a better one, that's a gamble right there. Haven't you guys thought of, what if my life doesn't get better? What are the odds of it getting better?
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April 14, 2017, 04:26:05 PM
 #686

Isn’t the definition of gambling same on everyone's mind? I mean gambling is risking money (unless you are gambling with game currency or something) for a chance of winning a higher amount of money in a game of chance related results.

Unless the “chance “ factor is there it is not gambling, there must be a  “chance” or “luck” whatever you call it involved.
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April 14, 2017, 04:44:00 PM
 #687

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
You should take the risk, for me gambling is a fastest way to earn bitcoin with high risk but in sports betting you can avoid some risk using your analysation

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April 14, 2017, 06:21:06 PM
 #688

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
You should take the risk, for me gambling is a fastest way to earn bitcoin with high risk but in sports betting you can avoid some risk using your analysation

Yea you're right gambling one of the fastest way to earn Bitcoin, for example play at a dice site deposit and bet 0.1BTC @ >98. Do you think you will win because of the high percentage of winning rate, nope, gambling is about luck not chance , probability or possibility. If you're into a certain sport probably with analysis and back information on their last game perhaps you will reduce the risk but not always.
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April 14, 2017, 06:54:13 PM
 #689

Gambling is a game of chance where skill has limited influence on the results. Basically, it is not easy to win more than the probability at which the game allows.
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April 14, 2017, 09:50:27 PM
 #690

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
to me gambling is a game of making money mostly using our luck. but still there are some formats of gambling games where we can use our skill and previous experience.
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April 15, 2017, 03:35:55 AM
 #691

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
to me gambling is a game of making money mostly using our luck. but still there are some formats of gambling games where we can use our skill and previous experience.

Gambling is a business that plays an adrenalin us because there are only two choices offered are won and lost. Actually, gambling is no different from other businesses such as trading, only the level of addiction and the use of more advanced short time, so it is natural if they are sometimes very tempting promotions inline with risk.
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April 15, 2017, 04:13:22 AM
 #692

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
You should take the risk, for me gambling is a fastest way to earn bitcoin with high risk but in sports betting you can avoid some risk using your analysation

Yea you're right gambling one of the fastest way to earn Bitcoin, for example play at a dice site deposit and bet 0.1BTC @ >98. Do you think you will win because of the high percentage of winning rate, nope, gambling is about luck not chance , probability or possibility. If you're into a certain sport probably with analysis and back information on their last game perhaps you will reduce the risk but not always.
but it is also one of the most risky way of making money, as in gambling we are mostly depend on our luck therefore no one can be lucky for every time and therefore there are more chances to lose your money in  no time. to me i think there are some format of gambling where you can use your previous experience and skill but over all gambling is a risky way of making money.
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April 15, 2017, 04:23:29 AM
 #693

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
Yes I agree with, gambling is game and not investments except we have website of gambling,
unfortunately many people considere gambling is investments.
So they blame the website of gambling because of losing money in gambling but they are wrong purpose.
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April 15, 2017, 05:19:59 AM
 #694

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
Yes I agree with, gambling is game and not investments except we have website of gambling,
unfortunately many people considere gambling is investments.
So they blame the website of gambling because of losing money in gambling but they are wrong purpose.
Thats why people mostly misinterpreted what is gambling ,they come up with expectations that gambling is money which is not . Investing in gambling casino's as a co-owner ,partner or shares in a casino is a real business.  Blaming gambling of losing money is a common event that a gambler cant accept he lose his money but it is his choice to come and play gambling in the first place.
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April 15, 2017, 08:56:26 AM
 #695

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
Yes I agree with, gambling is game and not investments except we have website of gambling,
unfortunately many people considere gambling is investments.
So they blame the website of gambling because of losing money in gambling but they are wrong purpose.
Thats why people mostly misinterpreted what is gambling ,they come up with expectations that gambling is money which is not . Investing in gambling casino's as a co-owner ,partner or shares in a casino is a real business.  Blaming gambling of losing money is a common event that a gambler cant accept he lose his money but it is his choice to come and play gambling in the first place.
There is nothing to blame if you understand in the first place that you are taking risk, therefore it's very important to be very careful with making decisions whether to gamble or not because chance of losing is aways there. In the end we have to ensure that we are just putting an amount that we can afford to lose so we will never regret in the end if we lose.

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April 15, 2017, 10:21:22 AM
 #696

Gambling is a game of a bunch of risk and unpredictable outcomes that causes a person to win the gambling match or lose a gambling match.
Yes I agree with, gambling is game and not investments except we have website of gambling,
unfortunately many people considere gambling is investments.
So they blame the website of gambling because of losing money in gambling but they are wrong purpose.
Thats why people mostly misinterpreted what is gambling ,they come up with expectations that gambling is money which is not . Investing in gambling casino's as a co-owner ,partner or shares in a casino is a real business.  Blaming gambling of losing money is a common event that a gambler cant accept he lose his money but it is his choice to come and play gambling in the first place.
There is nothing to blame if you understand in the first place that you are taking risk, therefore it's very important to be very careful with making decisions whether to gamble or not because chance of losing is aways there. In the end we have to ensure that we are just putting an amount that we can afford to lose so we will never regret in the end if we lose.
Yes it is clear gambling means either we win or we lose our money that's it. if you ready to lose your money play gambling or else stay away from this activity. There is no force to do gamble am I right? No is forcing us to do gamble. We only with our own intention we are playing gambling. One thing we must know gambling means putting our money at risk.
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April 15, 2017, 11:00:51 AM
 #697

Yes it is clear gambling means either we win or we lose our money that's it. if you ready to lose your money play gambling or else stay away from this activity. There is no force to do gamble am I right? No is forcing us to do gamble. We only with our own intention we are playing gambling. One thing we must know gambling means putting our money at risk.

There is a reward for every risk that you take therefore most people want to take that reward however they forget about the risk. People just dont understand about gambling yet they think that they know it well. Most people are actually a fool when it comes to gambling and blame the game that took everything from them
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April 15, 2017, 11:57:13 AM
 #698

Gambling is to play at any game of chance for money or other stakes. to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice. Betting (wagering) that must result either in a gain or a loss. Gambling is neither risk taking in the sense of speculation (assumption of substantial short-term risk) nor investing (acquiring property or assets for securing long-term capital gains). It also differs from insurance which may reduce or eliminate the risk of loss but offers no legitimate chance of gain. Gambling is a kind of thing that you earn money while enjoying it.
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April 15, 2017, 02:56:06 PM
 #699

Gambling is risky activity that will lead you into winner or losser depend on luck. For some people they take investment on gambling site because they trusting on the site that they will keep growing

Yes it is a risky activity it is for winner and loser only. It is also for destiny which predict you to win or lost in the game so therefore you need to playsafe to win the game.
Indeed, it is very risky to apply why?due to your capital investment is not surely if this will roll up. So gambling for me is a game where you can become an addict gambler in a long run.
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April 15, 2017, 02:59:28 PM
 #700

Gambling is risky activity that will lead you into winner or losser depend on luck. For some people they take investment on gambling site because they trusting on the site that they will keep growing

Yes it is a risky activity it is for winner and loser only. It is also for destiny which predict you to win or lost in the game so therefore you need to playsafe to win the game.
Indeed, it is very risky to apply why?due to your capital investment is not surely if this will roll up. So gambling for me is a game where you can become an addict gambler in a long run.

Not every person will got addict on gambling. It depend on each personal environment that affect people's habit for long term.
But I know for sure is gambling always make people loss !
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