paramind22 (OP)
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November 16, 2016, 06:09:54 PM |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
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Mike Mayor
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November 16, 2016, 06:18:28 PM |
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Gambling is never like investing if the tables are turned against you. It will always just be fpr fun and to try to win a fortune to spend on all the nice things you want. Ga!bling and investing are totally different
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piebeyb
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November 16, 2016, 08:30:54 PM |
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why would you invest, I think a lot of gambling game that looks easy enough you play it
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Trade on the go. Anywhere, anytime.
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OshiHugo
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November 16, 2016, 08:50:56 PM |
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Gambling is never like investing if the tables are turned against you. It will always just be fpr fun and to try to win a fortune to spend on all the nice things you want. Ga!bling and investing are totally different
I mean that he meant investing not only for a money gain ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ikydesu
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November 16, 2016, 09:26:37 PM |
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Investing is basically a way to gain your money, there's no risk, just a small % profit or big % profit(usually big profit turn into scam in the end), its totally different from gambling which you used your money to afford to lose.
Studying human nature and probabilities with poker is have pretty true, but not is always true, people have their other side, actually its not accurate if you comparing used poker/similiar game, because human is completely complicated.
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White Christmas
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November 16, 2016, 11:43:00 PM |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
Gambling is life changing. Commiting gambling out of control may always lead to money lost. In investing on gambling, you must know how it works, isn't legal?, or findings from its users. Gambling makes profit otherwise money lost.
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BTCevo
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November 17, 2016, 12:13:36 AM |
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why would you invest, I think a lot of gambling game that looks easy enough you play it
Easy doesnt mean that you can get a good profit though because this is gambling sometimes you win and sometimes you lose. That is already been like that so without having good bankroll better you can investing some or even trading though. Àre really believe that you can keep getting some profit on gambling? It is still profitable if you put some of your money through investment
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torry28
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November 17, 2016, 12:35:23 AM |
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Investing is basically a way to gain your money, there's no risk, just a small % profit or big % profit(usually big profit turn into scam in the end), its totally different from gambling which you used your money to afford to lose.
No, investing still has the risk (same like my answer before on different thread), you could lossing your money when some lucky people won a lot in a site which you invested with high kelly.
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fullypak
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November 17, 2016, 01:35:42 AM |
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why would you invest, I think a lot of gambling game that looks easy enough you play it
Yes, all games are easy to play but not easy to win money in gambling. You need the luck to win money in gambling, so if you want to earn some profit, then you should choose to invest than gambling. I gamble only for fun sometimes and I invest to earn profit in the longer run.
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DarkStar_
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November 17, 2016, 01:39:44 AM |
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Gambling is like investing when you use an arbitrage sports bet. Guaranteed profit (some investments are), with your only risk being the house running away (if you invest somewhere and they run, RIP funds), and it's usually a small amount of profit unlike gambling which is usually high risk/high reward. Maybe staking someone good in poker, as you are getting others to gamble, but it's kind of like an investment (if they do well, you make a profit). why would you invest, I think a lot of gambling game that looks easy enough you play it
Completely OT.
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taking a break - expect delayed responses
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MinerHQ
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November 17, 2016, 01:46:24 AM |
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Investing is basically a way to gain your money, there's no risk, just a small % profit or big % profit(usually big profit turn into scam in the end), its totally different from gambling which you used your money to afford to lose.
No, investing still has the risk (same like my answer before on different thread), you could lossing your money when some lucky people won a lot in a site which you invested with high kelly. Not only investors will have a chance of losing money in casino bankroll investments, but even you have risks in any other investments as well. So if you want to earn some profit from your money then you should take some risks to investing some places otherwise over the time your money will lose its value equivalent to your countries inflation.
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paramind22 (OP)
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November 17, 2016, 02:07:47 AM |
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All aspects of investing are in some way related, from collectibles (such as books), to stocks, to cryptocurrency, to forex. Value investing is a good thing to study, it basically says something is long term financially worth what values/value it has. Gambling doesn't really ever help anyone financially but people trying to make affiliate commissions/signature campaigns, or the casinos themselves. One out of a million will win a lottery big enough to cover all the other tickets they buy. I'm not saying it's not fun, but it's not like investing in its essence, just some things are related.
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eneilwex
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November 17, 2016, 03:35:47 AM |
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Always have a risk, if you plus that your are gambling with bitcoin and virtual the risk is even bigger.
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~Bitcoin~
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November 17, 2016, 04:06:46 AM |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
Gambling is not like investing in any way and i also don't think gambling should be considered as thing to keep your minds alert, it rather create panic, fear as well as lots of disappointment if you are playing with real money. And if you are playing without any real cash than it can be considered as a way to pass your free time. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ipanks
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November 17, 2016, 04:17:57 AM |
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gambling is just a game with money inside and its different than investing. investing is more like to make your money growth than before. but in the gambling site, i think you can make investing so you can make your money grow with the house.
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michkima
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November 17, 2016, 04:23:38 AM |
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When you invest in the house it's investing. You don't ever win in gambling in the long term. But if you invest into the house, you have a chance of growing your money in the long run.
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dunfida
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November 17, 2016, 05:41:38 AM |
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Playing gambling itself is not considered as an investment because you are risking money though to earn money but the risk of lossing it is high. Gambling would be an investment when you do put money on the house itself but we should still think that investing on these gambling sites doesnt guarantee you anytime to make profits because there are really times which you dont gain nothing on a particular month.
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Herbert2020
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November 17, 2016, 06:11:31 AM |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
gambling is never like investing and it will never be. because as long as you are involving money and taking risks that you can not predict it is not an investment in my opinion. and what you say about elderly and playing card games as a gamble, it doesn't involve money and it is usually games like bingo and it is only for fun and as an entertainment so i think they can not be called gambling.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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tokeweed
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November 17, 2016, 06:51:40 AM |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
I guess this applies more to sports betting. When you invest you always look for a lower price as a bargain to increase your profit and to decrease your loss. So it's the buy low, sell high mantra that you always hear from the traders and investors around here. In sports betting, it's almost the same thing when you shop around for good lines. In one sports book some lines offer higher odds compared to others, so you have room to size your bet a bit smaller and win a slightly higher amount at the same time. And there's also the instance where you bet and the line moves in favor of you by going lower. It means you got in the bet cheap. While the reverse makes you in the bet at a bad price. At least that's how I look at it.
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Red-Apple
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November 17, 2016, 12:50:28 PM |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
i never like calling gambling an investment because it never is like it. but reading some of comments and in my experience i think in some cases you can think of it like investing because you are investing your money, time and experience in it. for example when you are using a strategy to win and mostly when you are playing games that require more of your skills than your luck like sports betting you are kin of investing!
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