When is Gambling Like Investing

[Babayega31]

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!

Yeah its like an investment, you didn't know whats the real score specially like when you're on a business many challenges to come and in gambling your challenge is how to stay in the game with few losses. If you lose more you result to fail on your investment and that's an emotional stress to you.

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[DeDordtenaar]

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.

Lol wrong if you say that there is no risk pn investment, if the investment does not have a risk of course everyone does not need to work they only need to invest and enjoy the earning, it logically
I can say that all methods of growing bitcoin is at risk, including investing in gambling, perhaps you could invest in bankroll gambling site, you will invest and gamble in the same time

[xuan87]

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

[error08]

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 remember started gambling on poker game, felt so fun and got addicted of it.
Gambling is always risky for sure but it could be such investing if you change your role as bankroll instead of player.
It's gambling too and could lose if  you don't know where the best option to invest.

[jossiel]

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

That's the fact in gambling but those gamblers are thinking that gambling is also investment. Because they are using their own money to grow it.

And it is making them think that gambling is an investment and that's why many are falling to addiction to it.

Because they wanted to get again their lose* investment as they play their favorite games.

[MinerHQ]

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

That is 100% correct. Gambling end results depend on only luck, and no luck means no winning from gambling. What I think is instead of calculating all those theories just play for some time and enjoy the games, and if you're lucky, then you will win or think that you spent some money for enjoyment.

[ethereumhunter]

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.

i am agree with this, and i think better we invest in the house because its more safe than we only playing gambling that will make us to get loss. beside that we can see that our investment is really work with the house.

[wintermeasures]

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 Think that Gambling is Like Investing When You Do Sports Betting Because in Sports Betting You Need to Use Your Skills Of Knowledge and Experience in Sports and Also You Need to Do Some Analysis in Sports Betting Before Putting a Bet On Any Event........
So I Think that Gambling is Like Investing in Sports Betting.........

[mafgwaf@gmail.com]

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

That is 100% correct. Gambling end results depend on only luck, and no luck means no winning from gambling. What I think is instead of calculating all those theories just play for some time and enjoy the games, and if you're lucky, then you will win or think that you spent some money for enjoyment.

Yeah this is correct. For me its better  to play gambling than investing into sites (Cloud mining,Hyips) Because even if you lose in a gambling game you have the experience playing it and you enjoy while playing. But if you invested on cloud mining or hyip their is a big chance that it will scam you and You cant Roi your in your investment

[paramind22]

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 Think that Gambling is Like Investing When You Do Sports Betting Because in Sports Betting You Need to Use Your Skills Of Knowledge and Experience in Sports and Also You Need to Do Some Analysis in Sports Betting Before Putting a Bet On Any Event........
So I Think that Gambling is Like Investing in Sports Betting.........

That's still always possibly 50-50 odds unless one team is great and one isn't, so I think it's not like investing.  People do lose in investing, but it's said to only put a small amount of your money in riskier investments and stay long term with the good ones.

[Erza]

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.

Lol wrong if you say that there is no risk pn investment, if the investment does not have a risk of course everyone does not need to work they only need to invest and enjoy the earning, it logically
I can say that all methods of growing bitcoin is at risk, including investing in gambling, perhaps you could invest in bankroll gambling site, you will invest and gamble in the same time

Yes that is true and I agree on that but in the end house will always win. Dont you think? There is no way that they can open some gambling site without thinking about their profit. Unless they are going to scam us but in a long term they will always get some profit, it is only matter of time when they can get much

[Rubberduckie]

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?

the only way its really like "investing" is if your the bookie.

If your charging the -110 over time with enough customers it then becomes an investment.
You just need to be able to handle the variance in the event a bunch of people get hot at the
wrong time.

[BTCevo]

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

Why gambling is mot an investing? I think with huge bankroll you can earn solid profit and this is increase your number of btc in no time though. Let say you have 1 btc and you try to earn lowest around 0.001-0.003 btc each day so in a month you will get 3%-6% a month. And this is solid profit. I am sure it is really easy to earn that low amount with using auch a big bankroll

[stadus]

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?

It's investing when you are getting a great return in gambling, either you put your money in a certain gambling sites you wanted to invest or you are a skilled gambler where you can turn the tide to be in your favor. Professional gamblers who has a good record give their full time in gambling and they consider it as a work and they are also getting the benefits or great return but not all can do that even the majority.

[boyptc]

well I don't see the gambling as investing, it is true that through gambling we can learn about probabilities and risk management but it is just theory, when in the real game eventhough you can count the probability but you always rely on your luck, so I only see gambling as part of entertainment

Why gambling is mot an investing? I think with huge bankroll you can earn solid profit and this is increase your number of btc in no time though. Let say you have 1 btc and you try to earn lowest around 0.001-0.003 btc each day so in a month you will get 3%-6% a month. And this is solid profit. I am sure it is really easy to earn that low amount with using auch a big bankroll

You are talking about investing into bankroll casino's and I think that is different from gambling alone and investing into gambling sites. But that is a good type of investment but I think that gambling is like investing when you are putting a lot of your time, effort and money on it. And all you are putting there is already good to call as investment as you gamble.

[numanoid]

~snip~
Yeah this is correct. For me its better  to play gambling than investing into sites (Cloud mining,Hyips) Because even if you lose in a gambling game you have the experience playing it and you enjoy while playing. But if you invested on cloud mining or hyip their is a big chance that it will scam you and You cant Roi your in your investment

You're totally wrong there, Investing to Cloudmining, HYIP/PONZI sites? You called that "investing"? i rather calling that "donate" your money in those sh*t scam sites., you'll get scammed 100%. Investing your money in trusted gambling/casino sites is one of best choice if you want try investing.

[maku]

Gambling is risk seeking activity. While investors are usually seeking the best and safest projects, therefore minimizing and averting  the risk.
Face it - gamblers are no investors they are simply customers of gambling service which is usually designed to gain profits.

Op, you asked about theoretical side of gambling and math behind the games. Many bright people tried to find golden strategies and rules behind it.
And as we can see casinos are still standing strong. So if you think gambling might be a shortcut to become a millionaire - you are wrong.

[paramind22]

Gambling is risk seeking activity. While investors are usually seeking the best and safest projects, therefore minimizing and averting  the risk.
Face it - gamblers are no investors they are simply customers of gambling service which is usually designed to gain profits.

Op, you asked about theoretical side of gambling and math behind the games. Many bright people tried to find golden strategies and rules behind it.
And as we can see casinos are still standing strong. So if you think gambling might be a shortcut to become a millionaire - you are wrong.

I don't.  Most of them seem to get busted for something. 

[audaciousbeing]

The two are like the two poles North and South that do not have any connection aside the risk degree that is present in both. There is no level or length in which Gambling will turn into investment because in investment you are expecting a return which the chances of it coming is higher based on your own due diligence but in the case of gambling just don't go there if you are not ready to lose it.

[Erza]

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 remember started gambling on poker game, felt so fun and got addicted of it.
Gambling is always risky for sure but it could be such investing if you change your role as bankroll instead of player.
It's gambling too and could lose if  you don't know where the best option to invest.

Yeah at some point you are right but you might never know the future, although you played as investor on gambling site, you will lose too if some big whale suddenly win big amount of money. See moneypot, nottardy claimed 72 btc and after that moneypot set some limit to their max winning too. So to think about that investor always winning you are wrong. this is not matter of where to place your investment but you really need to take some risk when you want to gain something, higher risk will be better payout