The most precise definition of gambling?

[iv4n]

Gambling is wagering your money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods. Gambling thus requires three elements be present: consideration, chance and prize. I'd say betting is only common in sports, so that makes gambling and betting different, they are definitely not the same thing.

First you say "wagering your money or something of value on an event", that is betting on sport. Nevertheless I wish to point out some your words, especially part " wagering your money or something of value", isn't that something that we deal every day in our life's with almost everything that surrounds us? Part " with an uncertain outcome" is completing the thought! We don't know what will happen in our relationships, jobs, with our countries, people around, we can't predict the future but we invest ourselves, our bodies, souls and minds into many things with hope in good outcome, but lives teach us that many many things doesn't have good outcome, investments crash in pieces in seconds, without expectation and any announcements, will we be alive tomorrow? Who can guarantee that?
There is no definition of gambling, there are just numbers, chances and odds that can be applied on everything! Will something happen or not? Will you be alive tomorrow, will you find a girl or job, what will happen with anything.. Chances are different, that makes odds lower or higher depends on situation, you decide on what to bet, in what to invest yourself, again you hope for the best results, profit depends from how much you wish to give and odds, everything can be calculated. Don't trick your self with history and statistics, it can help but every new day, every new game, deal, spin or throw is for itself, as long as we live we make bets.

[1714977054]

1714977054

[mrtrew]

The best and most precise definition of gambling is trying to predict something, so you can make some profit of that prediction, at the end i think in gambling you can win only if its your lucky day, everything where there is a risk for winning or losing is called gambling.

[nidacoinlove]

Gambling is wagering your money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods. Gambling thus requires three elements be present: consideration, chance and prize. I'd say betting is only common in sports, so that makes gambling and betting different, they are definitely not the same thing.

First you say "wagering your money or something of value on an event", that is betting on sport. Nevertheless I wish to point out some your words, especially part " wagering your money or something of value", isn't that something that we deal every day in our life's with almost everything that surrounds us? Part " with an uncertain outcome" is completing the thought! We don't know what will happen in our relationships, jobs, with our countries, people around, we can't predict the future but we invest ourselves, our bodies, souls and minds into many things with hope in good outcome, but lives teach us that many many things doesn't have good outcome, investments crash in pieces in seconds, without expectation and any announcements, will we be alive tomorrow? Who can guarantee that?
There is no definition of gambling, there are just numbers, chances and odds that can be applied on everything! Will something happen or not? Will you be alive tomorrow, will you find a girl or job, what will happen with anything.. Chances are different, that makes odds lower or higher depends on situation, you decide on what to bet, in what to invest yourself, again you hope for the best results, profit depends from how much you wish to give and odds, everything can be calculated. Don't trick your self with history and statistics, it can help but every new day, every new game, deal, spin or throw is for itself, as long as we live we make bets.

This is interesting what you have pointed which leads to need of further elaboration.
All that you have explained is kinda irrelevant because there is no connection of risking to lose money or anything else valuable.
1 Gambling According to my understanding "personal participation in an act and risking money/valuables on it (while there is no need to take risk) is gambling.
2 Betting Being a third party when you risk your money on the result obtained from the other parties.
I hope it will help the fellows to understand them both.

[Hazaki]

Many will define it as a disease or a brain disorder , others will call it a sin , and the majority will claim that it's a fun activity that helps them kill time or forget about the stress that they endure during their long days of work , some will call it an invention of pure evil and others will remember how much did they suffer from the consequences of their heavy gambling and how it did tear their lives apart ..
But i'd like to define gambling as something that represents a test to the human being , that pushes the limits to see whether that person has enough self control to fight greed or not ? ..
Even tho i don't consider it as a sin since you aren't hurting anyone else in the process , yet you could hurt yourself and that is something everybody shall avoid , especially if you are gambling with money you can't loose ..
Gambling has already messed up many lives , widowed a lot of wives and orphaned a lot of kids .. or in some cases made them homeless and potential futur criminals , and all of that was for the sake of throwing the dice one more time ..
The precise definition for gambling is certainly to take risky actions in hope of the desired result , but is it worth the risks ? ..

[alfs75]

If you ask me betting is a form of gambling. Gambling imo is simply risking currency for the chance to get more. Betting would then fall under that definition.

Will for me ,every person have its own definition in gambling and its depend  on how he define into his own opinion,but in my own meaning of gambling i stated its  a part of recreating yourself from all anxities,and escape plan from everyday task ,youve face in your works job.actually i do not threats  a gambling a disease or cancer that incurable,because im also in my self,a gambler that accomodate all things in a right path by dividing all my time in family,jobs,and gambling cock fighting and all of this i can handle it wisely without a big issue to my personal life.

[Granxis]

The definition of gambling according to me; is to provide a material response for an action you believe to be in the future. Almost everything can be gambled. Just like home-car bets, it's just an ice-cream bet.

[Finestream]

The best and most precise definition of gambling is trying to predict something, so you can make some profit of that prediction, at the end i think in gambling you can win only if its your lucky day, everything where there is a risk for winning or losing is called gambling.

Absolutely yes.Gambling depends on your pure luck and does not imply a definite outcome,either you win or you lose in the game.Betting is still considered gambling because money is still the main purpose in winning a certain game.And any game that involves money or any valuables as a reward is considered gambling in general.

[BILGPS]

Gambling is defined as playing games for wining money through betting and other ways through which you can challenge the games winning and loses prediction and you challenge the games in the casinos and other games like now the gambling is increasing day by day and due to virtual currency gambling is so fast and playing dice and poker are the major games in gambling.

[crwth]

If what you want is precise, for example, having everything that you want in a sense that everything that happens in gambling is explained, it's hard. The general thing about gambling is that you are going to risk something and you are going to hopefully, profit from it. That's just the sense of it, in my opinion, nothing else.

[Opekin]

there is still much confusion about the definition of gambling, including me. Especially about the difference between Betting and Gambling, despite the fact that I think Betting and Gambling it is the same thing. So here I want to know "What is the most correct definition for gambling?"

There is no precise or finite definition even dictionary or encyclopedia. Why? Because the answer is on your own how gambling approach you and it is on your own definition. For me it is simple as a place o site that you will play games for entertainment or money. Betting is the money or argument to put in a table or counter to play and gambling is a variety of games.

[Wendigo]

My definition: systematically losing copious amounts of hard-earned money while chasing the dream of becoming rich quick doing nothing but sitting on one's ass and watching sports 

This specifically pertains to sportsbetting.

[ethereumhunter]

there is still much confusion about the definition of gambling, including me. Especially about the difference between Betting and Gambling, despite the fact that I think Betting and Gambling it is the same thing. So here I want to know "What is the most correct definition for gambling?"

in my opinion, betting and gambling is the same thing although the games are different but the purposes is same between betting and gambling. we are betting and gambling to make money as the profit in the games and we spend much time to try to earn money from the winning the games. I think you don't have to confuse about the definition of gambling and let it be like that because every people have each definition and it cannot force to be one definition.

[ricardobs]

Why do we need the exact definition of gambling ? This will bring any differences into a gambler ? I believe no one will bother about knowing the literal meaning of the word gambling, still they are into gambling for years. I mean to say in practical life we never give you important for the literal meaning of anything but we are misusing that system/thing.

It is happening everywhere so it is happening with gambling too. I never give importance to know the definition of gambling because I know it will never bring any changes in to my gambling activities.

[noormcs5]

there is still much confusion about the definition of gambling, including me. Especially about the difference between Betting and Gambling, despite the fact that I think Betting and Gambling it is the same thing. So here I want to know "What is the most correct definition for gambling?"

I think you are confusing between 3 words Betting, Gambling and Definition. Right?
I don't think you need to confuse between them, First of all, Definition of gambling, is whatever you think about gambling and for me, gambling is made for give us fun and excitement and when we start it then we come into the entertainment world. But when we see that we have loss the game, then our enjoyment and fun has been ended.
And betting and gambling, both are same words of one path, firstly we start to play gambling and select the game and then we start bet on game, Usually we use word betting for sports betting. 

[denny27]

In my mind personally., betting is a part in gambling when we're in gambling, and gambling itself is a term., that says it's one thing that playing a fate in a game to gain many win bets. Well., I think essentially is like that.

[upsidedown75]

In my opinion, betting is a form or gambling. And gambling for me is any dice or card game, illegal or legal that basically involves money. It is addictive once you like how the game goes and sometimes if it makes you win at first and you want more gains and profits from that game, that’s why most greedy people comes from gambling.

You have given a very good definition of gambling. Moreover, I would like to add in this that people like gambling as a source of income not as a game that’s why people love to gamble and become addicted to it in a very short Interval of time. Gambling was and will remain addicted throughout your as well as mine life because no country would like to see her people dying because of things that are meaningless.

[Aikidoka]

I believe that gambling is done by playing with different people either online or in real life. It also includes betting over money or something else. On the other hand, betting is done by betting an amount of money in order to win a large of money in the end. To elaborate, you are not going to play against people but with people, and if you get the right results of games or football games, you will win the money or share it. They both are relatable.

[Zlatna Kopa4ka]

Gambling is wagering your money or something of value on an event with an uncertain outcome with the primary intent of winning money or material goods. Gambling thus requires three elements be present: consideration, chance and prize. I'd say betting is only common in sports, so that makes gambling and betting different, they are definitely not the same thing.

First you say "wagering your money or something of value on an event", that is betting on sport. Nevertheless I wish to point out some your words, especially part " wagering your money or something of value", isn't that something that we deal every day in our life's with almost everything that surrounds us? Part " with an uncertain outcome" is completing the thought! We don't know what will happen in our relationships, jobs, with our countries, people around, we can't predict the future but we invest ourselves, our bodies, souls and minds into many things with hope in good outcome, but lives teach us that many many things doesn't have good outcome, investments crash in pieces in seconds, without expectation and any announcements, will we be alive tomorrow? Who can guarantee that?
There is no definition of gambling, there are just numbers, chances and odds that can be applied on everything! Will something happen or not? Will you be alive tomorrow, will you find a girl or job, what will happen with anything.. Chances are different, that makes odds lower or higher depends on situation, you decide on what to bet, in what to invest yourself, again you hope for the best results, profit depends from how much you wish to give and odds, everything can be calculated. Don't trick your self with history and statistics, it can help but every new day, every new game, deal, spin or throw is for itself, as long as we live we make bets.

Wagering your money or something of value on a event, doesn't have mean that the 'event' part is a sport. You place your money on a roulette or the slots isn't that gambling your money? Its most definitely not betting.
You're saying that we deal with wagering our money everyday in our life with everything that surrounds us, bro what you on about? I definitely don't do that on a monthly basis, especially not daily.
The part with the uncertain outcome, of course its an uncertain outcome, if its not rigged or something how can you be 100 per cent sure that you'll win? Of course we can't predict the future and still invest in ourselves but what has that to do with gambling, I just can't get.

[Rinsend]

Gambling is when you put a money bet on something like a game to double that money. And for betting and gambling I think it's just the same, but gambling is when you place a bet on a game like poker and you have to play, while betting is when you place a bet and you do not have to play, just like sport betting, you're just guessing and see who wins. But in essence both things are the same.

[jrrsparkles]

Simplest definition for gambling is risking our money.

Gambling and betting looks like the same meaning but not all bettings can't be considered as gambling because sometime we are play bets betwwen friends for some kind of this so it is not gambling.