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jostorres
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November 13, 2017, 10:23:02 AM
 #501

I believe both of them are risky because you will bet your money with something that you are not sure about winning. The only difference is that in gambling if you lose you lose in trading if you are on lose and you do not sell your holdings then you still got the chance to wait for your money to come back to its value.
I still haven't found something known as skill based gambling. If we are needed to compare the address in both of these choices thus simply what I can say is that they are equally risky.

Trading doesn't require practice and the things to improve with time but gambling is all about luck and we could not change the scenario just with the passage of time by polishing our skills. In my opinion only sports betting is something that really offers definite winning if you have been into this since quite a long time.
If anyone is to compare between the risks of these possible methods of earning then obviously I would favor trading over gambling. This is totally a nonsense talk that anything like skill based gambling really exists. Gambling is totally luck thing and trading is somewhat that is experience based and one could excel the method via some practical applications and learning gradually the basic techniques to make a profit out of it.


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November 18, 2017, 04:37:35 AM
 #502

sport betting has evolved overtime the odds have changed and many new features have been introduced which limits profits and many other things for the user. trading allows you to get more profit
Trading always have been profitable from every aspect. You can’t find any loophole or wrong in this stamen.
Actually even it is betting or gambling properly, there is no skill. Whosesoever tells about skill in these games, he is just making you foolish. So don’t listen them, only luck matters when you are indulged in these two harmful games. So trading is much better and it profits you most of the times.

You may choose skill based gambling or trading because trading is some what similar to skill based gambling. There you can find easy ways to make yourself profitable.
So you think that gambling is not a good option as if compared to trading. Skill based gambling never exists because gambling is all about trying your luck to win heavy amount of profits with little efforts. On the other hand trading could prove to be a source of income only for those that have an experience in this field.

So my view about it is that trading must be chosen against the other option because it is more professional and there is no risk of addiction at all.
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November 19, 2017, 11:37:11 PM
 #503

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.

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November 20, 2017, 02:53:39 AM
 #504

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.

As long as you can't say with confidence that you can win a game with your skills then luck is involved in it. Becuase you don't know whether your opponent got better skills than you or not so your taking a risk to play the game. Similarly, if you trade without skills then it will also become a guessing game. But if you got trading skills than it is better than gambling and you can make some money from it.
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November 20, 2017, 09:52:51 AM
 #505

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.

As long as you can't say with confidence that you can win a game with your skills then luck is involved in it. Becuase you don't know whether your opponent got better skills than you or not so your taking a risk to play the game. Similarly, if you trade without skills then it will also become a guessing game. But if you got trading skills than it is better than gambling and you can make some money from it.

I think they are both risky but since you can set limits or a range for your trade to be effected it makes it better than gambling because you will not entirely loose out when it doesn't go your way but with gambling you can either win all or loose all at any point i n time and that makes it riskier than trading.
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November 20, 2017, 11:27:45 AM
 #506

I would prefer skill based gambling as a more risky thing. I might indirectly say that gambling is a risky game because everything is betting on luck. while trading can still be done with the analysis so the possibility to get a victory will be much greater. in fact I feel easier when trading than when I do gambling. but believe me you have to choose something according to your skill, because then you can do it according to the condition and state of your heart.
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November 20, 2017, 11:37:28 AM
 #507

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.
Poker is the only game that i believe will have big effect when you are skillful .
You can see a professional poker player beat newbies a lot pf times repeatedly , you think it was because of luck?
No it is clearly because of skill , they know the time to go allin or stop , bluff etc.
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November 20, 2017, 03:21:34 PM
 #508

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.

Coming from a poker player of 15+ years, as well as trader, I can tell you that with the right amount of information/research that trading def has the upper hand.
A 330$ touney with 600 players will only have 300 dropped into the prize pool (30$ rake for the casino) and 3-6% of total PP set aside for tourney fees. So you have a total PP of 175k. That of which 1st will pull 20-22% 38k 2nd takes 17-18% 30k and quickly declines. If you do not make the money, you have just tossed 330$ away. If you do not make the top 40, you are roughly breaking even or +10-20%, assuming if you make the money. At any time you can take a bad beat, have someone with more chips bully you, or bluff at a hand and get caught (happens to the best of us). Plus you dont need to pay for travel and lodging/food while trading.As for other type of gambling, craps are a shot, blackjack is ok if you can count cards with a team, and the classic roulette is 3-6% house advantage. And sports betting, you get odds and even playing with those odds, you are still putting up 200 to win 160-170 in most cases. Then there is the off chance that the team you bet on does actually use. Or you can bet on over or under, that is based solely upon scoring +or- points. In most games that is a crap shoot because Vegas odds are set BY THE BACKERS #'s. Giving you the least advantage that is possible. And although someone can be great at their craft, crazy stuff happens every day.

Now to buy a stock/CC you need back info, plausible intention of investment, fact of non fraudulent funds and buying before the item is already up 50%. Yes, Brokers do get to peck at you over time (if you are a trader and not a holder) for the estimated .2% and you're sending cash back to the bank will cost you 1.5-4%. But, we are working with very volatile crypto markets that have swings of up to 200%+ in a single day. That will undoubtedly drop 100% the next day, but someone who is ok with making their 70% then getting out, is sure to "Win the Tourney" when it comes to investing.
Hope some people actually got some different perspective from this.

On that note, if anyone (growing/established businesses as well) wants to "gamble" and become a poker backer feel free to PM me.
If i get ripped on for this last comment, pls let me know and i can delete it.
Thx for the time.
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November 20, 2017, 05:06:38 PM
 #509

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.
Poker is the only game that i believe will have big effect when you are skillful .
You can see a professional poker player beat newbies a lot pf times repeatedly , you think it was because of luck?
No it is clearly because of skill , they know the time to go allin or stop , bluff etc.
if the game is player against players well we will see most of the time pro will defeat a newbies as they have a lots of experience and strategy
but sometimes or there would be a time that luck will come and newbies will also defeat them, skills is important in such gambling as it will
bring you a good advantage just like trading if you know how to play it correctly then you will also earn a lot.

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November 20, 2017, 05:19:11 PM
 #510

I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.
I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.
Poker is the only game that i believe will have big effect when you are skillful .
You can see a professional poker player beat newbies a lot pf times repeatedly , you think it was because of luck?
No it is clearly because of skill , they know the time to go allin or stop , bluff etc.
if the game is player against players well we will see most of the time pro will defeat a newbies as they have a lots of experience and strategy
but sometimes or there would be a time that luck will come and newbies will also defeat them, skills is important in such gambling as it will
bring you a good advantage just like trading if you know how to play it correctly then you will also earn a lot.
There are really times on which even those pros been beaten up by newbies by some luck but not permanent because for those gamblers who do have experienced and more skills would really take up the lead always.This is why these things or capabilities do really matter specially on skills based games you would really have always the edge among other people.Just like on trading as long you do know on how to make orders in exact times then it would be sure profits.

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November 20, 2017, 05:41:47 PM
 #511

Risk is in both skill based gambling and trading. In gambling you have full chance of loosing your whole invested money there is no guaranty on it. But in trading it is not as you can quit anytime and you can book your profit and continue less chances of loosing your investment if you give your whole time for trading.

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November 20, 2017, 06:38:35 PM
 #512

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

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November 20, 2017, 07:21:02 PM
 #513

If you are doing trading nowadays you have to bear in mind that you are competing against Hedge Funds which use high frequency trading algorithms run by computers.

There is a similarity between poker and trading: it is said that only 5% of people who play poker or trade make money in the long term.

I don’t know much about trading as I prefer investing long-term, but I find playing poker less risky as long as you play a level where you know you are a winner.

It is more profitable in the sense that you can grow a bankroll of thousands or more starting from just $50 or less.

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November 20, 2017, 08:27:36 PM
 #514

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.
both are risky here in bitcoin but i think the more risky is gambling because trading is easy to get and if you know already the coins a chance for profit will become big.In gambling even you know a lot about their site you only bet then win base on your luck it still going repeat and repeat only,i think base only on luck

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November 20, 2017, 09:01:08 PM
 #515

You define Sportsbook as skill gambling, you are more than likely betting on sports, and unless you have insider information you do not have a house edge, so your expected value is negative.  In trading you can at least analyze the facts, how cool the product/company is and make decisions based on fact so its a lot less risky.
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November 20, 2017, 09:10:08 PM
 #516

You define Sportsbook as skill gambling, you are more than likely betting on sports, and unless you have insider information you do not have a house edge, so your expected value is negative.  In trading you can at least analyze the facts, how cool the product/company is and make decisions based on fact so its a lot less risky.

Almost everyone here is defining sports betting as something that needs skill in able to win. Skill in a way that you know how to analyze and understand what will be the odds for you and on how your bet team will win the game. More of analysis and studying the backgrounds of each team / players that are involved for that bet. When it comes to risk both has an end but trading lost can be recovered easily unlike sports bet looses or it always depend to the gambler and trader on where they are really good at.

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November 20, 2017, 09:46:23 PM
 #517

You define Sportsbook as skill gambling, you are more than likely betting on sports, and unless you have insider information you do not have a house edge, so your expected value is negative.  In trading you can at least analyze the facts, how cool the product/company is and make decisions based on fact so its a lot less risky.

Almost everyone here is defining sports betting as something that needs skill in able to win. Skill in a way that you know how to analyze and understand what will be the odds for you and on how your bet team will win the game. More of analysis and studying the backgrounds of each team / players that are involved for that bet. When it comes to risk both has an end but trading lost can be recovered easily unlike sports bet looses or it always depend to the gambler and trader on where they are really good at.

Thats fine that everyone defines it as skill, even though its not.  If you were picking heads up with no line, yeah you can probably do pretty damn great.  But when you get odds involved you are literally betting against people who do this for a living.  Therefore unless you know something they don't, your odds are probably worse then 50-50, so you don't have an advantage.
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November 20, 2017, 09:48:43 PM
 #518

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

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November 20, 2017, 10:10:29 PM
 #519

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management.  in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining.  Risk in trade can be managed while in gambling, we cannot unless we stopped it.

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November 20, 2017, 10:24:15 PM
 #520

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management.  in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining.  Risk in trade can be managed while in gambling, we cannot unless we stopped it.

Yes, they're both skill based, but in terms of trading will require a trader in a good skills ,analyzation and patient to wait to gain profits. There is no doubt in the sense of these two same they have some same applied skills but more risky is still gambling because it's such matter how lucky you're in a game.
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