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Author Topic: When is Gambling Like Investing  (Read 7699 times)
MinerHQ
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February 27, 2017, 02:13:00 AM
 #241

Well for me every time that I send some money to some gambling site I think of it as an investment,
So if I win I will just consider it as my profit to my investment and if I lose I will just think of it that my investment got scammed.

Your way of thinking about gambling is completely wrong. No one is forced your to gamble then why you think that gambling site is scammed you if you lose? Because in gambling both winning and losing is part of the game so you should consider that before playing. Also gambling is not a investment because we should play with small amount these games only for fun and entertainment and not to make an easy money out of these games.
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February 27, 2017, 02:50:30 AM
 #242

Well for me every time that I send some money to some gambling site I think of it as an investment,
So if I win I will just consider it as my profit to my investment and if I lose I will just think of it that my investment got scammed.

Your way of thinking about gambling is completely wrong. No one is forced your to gamble then why you think that gambling site is scammed you if you lose? Because in gambling both winning and losing is part of the game so you should consider that before playing. Also gambling is not a investment because we should play with small amount these games only for fun and entertainment and not to make an easy money out of these games.
if you are lucky you can easily double your money but still can't classified gambling as sort of investment because there's no real service or product that you are going to wait in returned its just your luck that you can rely on, so better to treat it as source of fun and for you to be entertain while you are using your spare time.
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February 27, 2017, 04:10:32 AM
 #243

Well for me every time that I send some money to some gambling site I think of it as an investment,
So if I win I will just consider it as my profit to my investment and if I lose I will just think of it that my investment got scammed.

Your way of thinking about gambling is completely wrong. No one is forced your to gamble then why you think that gambling site is scammed you if you lose? Because in gambling both winning and losing is part of the game so you should consider that before playing. Also gambling is not a investment because we should play with small amount these games only for fun and entertainment and not to make an easy money out of these games.
if you are lucky you can easily double your money but still can't classified gambling as sort of investment because there's no real service or product that you are going to wait in returned its just your luck that you can rely on, so better to treat it as source of fun and for you to be entertain while you are using your spare time.

you should only talk about these things in the long term not the short term such as once or twice winning or losing.
you acn be winning your first couple of bets in gambling but that doesn't make gambing profitable. the same goes for trading, you can be losing your first trade and lose a big amount of money. this also doesn't mean trading is not profitable.

if you make money in a long term like after 2 month from trading or from gambling then you can call them profitable not before.

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February 27, 2017, 04:11:21 AM
 #244

When there's no process of evaluation, that's gambling


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February 27, 2017, 08:25:44 AM
 #245

When there's no process of evaluation, that's gambling
Probably, because although some will say only luck is necessary in gambling, we still have the responsibility to analyze the game whatever type of game we are playing. If we are treating it as our investment then we know every factors that will affect the outcome of our bets, most likely we do not do it in a luck based games as that does not give us a good chances to win.

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February 27, 2017, 08:35:49 PM
 #246

When there's no process of evaluation, that's gambling
Probably, because although some will say only luck is necessary in gambling, we still have the responsibility to analyze the game whatever type of game we are playing. If we are treating it as our investment then we know every factors that will affect the outcome of our bets, most likely we do not do it in a luck based games as that does not give us a good chances to win.
yes that is depending on the type of playing gambling if we are playing gambling on sports games then it can be consider as investment, because there like investment and trading we also depend on our experience and skill with good analysis and knowledge.
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February 27, 2017, 09:45:42 PM
 #247

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

I agreed on this things, gambling can never be a kind of investment to me.  Because in any type of gambling you can start at small balance in your bankroll. And when you say investment it is not small amount only especially in this industry of course, And its true most of the time gambling can destroy your personality once you become addicted into gambling.

Any amount of money, time and effort you spent on a goal is always an investment.  Thought there are two types of investment, good investment and bad investment.  I think gambling both falls under the two category depend on the person on how he manage his gambling investments.
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February 28, 2017, 01:20:36 AM
 #248

When there's no process of evaluation, that's gambling

Investing itself is a gamble. Investing is not just all about profit and fun. It has also risks especially where to invest and if that site is profitable or not.

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February 28, 2017, 04:52:42 AM
 #249

When there's no process of evaluation, that's gambling

Investing itself is a gamble. Investing is not just all about profit and fun. It has also risks especially where to invest and if that site is profitable or not.

That point there is we invest on a site that is profitable and trustworthy and that is our job to determine if they fall to our criteria prior to putting our money for investment. There are only few factors to consider because investing in a casinos is already profitable since most gamblers loses and due to  playing without an advantage.
Gambling can be in two ways like being a gambler who play and the other one is to invest in gambling sites and for me I would choose investing in sites.

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February 28, 2017, 05:51:17 AM
 #250

When there's no process of evaluation, that's gambling

Investing itself is a gamble. Investing is not just all about profit and fun. It has also risks especially where to invest and if that site is profitable or not.


i suggest you go out there in real life and then make an investment in your real life to see how wrong your statement is.
an investment is never like a gamble. it has risk but having risk doesn't mean you are gambling. it is gambling if you are investing somewhere without knowing what that somewhere is! that is idiotic to begin with.

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March 01, 2017, 06:36:41 AM
 #251

When there's no process of evaluation, that's gambling

Investing itself is a gamble. Investing is not just all about profit and fun. It has also risks especially where to invest and if that site is profitable or not.


All investments will have some risks, and as an investor, you should study well and make a right decision. If you can't take some risks then you can't grow your money over the time. It is very difficult to find which site will make profit and which one not so it is good to invest your money in few good trusted sites then you will get good average returns from your investments.
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March 01, 2017, 11:51:43 AM
 #252

When there's no process of evaluation, that's gambling

Investing itself is a gamble. Investing is not just all about profit and fun. It has also risks especially where to invest and if that site is profitable or not.


All investments will have some risks, and as an investor, you should study well and make a right decision. If you can't take some risks then you can't grow your money over the time. It is very difficult to find which site will make profit and which one not so it is good to invest your money in few good trusted sites then you will get good average returns from your investments.
Well investments are in a way similar to betting on a basketball game. You really don't know what the result would be in who will win or lose. But if you are a fan and have been following basketball for a long time, you'll have a pretty good chance of knowing who has the better chance of winning. Its the same with investing. With proper information and research, also if you have experience already, you'll have an idea where to smartly place your investments on with the best chance of profit. I think in this aspect, investing and gbling becomes similar to each other

 
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March 01, 2017, 01:25:29 PM
 #253

People that have no idea of what is going to happen as the end result is the most common method to Gambling. I would consider that method as the most common method to losing money because there is a 70 % chance that the person didn't research the match before placing a bet.

If someone puts money on something that they did research on then I would call that an investment more than a Gamble (it really is just an asset though).


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March 01, 2017, 01:33:40 PM
 #254

People that have no idea of what is going to happen as the end result is the most common method to Gambling. I would consider that method as the most common method to losing money because there is a 70 % chance that the person didn't research the match before placing a bet.

If someone puts money on something that they did research on then I would call that an investment more than a Gamble (it really is just an asset though).
Making a research will just give you the information that is considered as your basis to analyze your bet, however it does not mean you can easily win. I'm sure most of us who are doing sports betting made an analysis but we have different perception and understanding on what we see.
Gambling is a game of chance and there is no guarantee that we can win but to make it like investing, we have to make an effort and hope for the best that the outcome will favor us most of the time. When we make mistakes, we need to correct it, when it lacks something we need to adjust and add to make it right, it's a process that we must continually do.

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March 01, 2017, 05:20:33 PM
 #255

People that have no idea of what is going to happen as the end result is the most common method to Gambling. I would consider that method as the most common method to losing money because there is a 70 % chance that the person didn't research the match before placing a bet.

If someone puts money on something that they did research on then I would call that an investment more than a Gamble (it really is just an asset though).
Making a research will just give you the information that is considered as your basis to analyze your bet, however it does not mean you can easily win. I'm sure most of us who are doing sports betting made an analysis but we have different perception and understanding on what we see.
Gambling is a game of chance and there is no guarantee that we can win but to make it like investing, we have to make an effort and hope for the best that the outcome will favor us most of the time. When we make mistakes, we need to correct it, when it lacks something we need to adjust and add to make it right, it's a process that we must continually do.
In investing and trading if you make any mistake, it will help you to solve that issue in your next move. But in gambling, if you make any mistake no matter because here the same mistakes will not repeat and the same strategies also not repeat. And I also not consider gambling is an investment. It is just a game, and how much you will make a profit and how much you will lose money all depends on your luck.
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March 01, 2017, 10:33:08 PM
 #256

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
Gambling can never be like investment, because it is a game of relax to anyone in gambling sites. To some others it is a kind of fun and entertainment only nothing else.
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March 01, 2017, 10:57:22 PM
 #257

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
Gambling can never be like investment, because it is a game of relax to anyone in gambling sites. To some others it is a kind of fun and entertainment only nothing else.
There is a main reason why people keep gamble, that is to earn easy and fast money. I don't think we can feel relax when we betting, usually, i got my adrenaline pumped up because of gambling, same with some people on here https://bitcointalk.org/index.php?topic=1797695.0
Investment has less risk than gambling, we can earn some profit but only in long term (investing isn't suitable with people who don't have patience)
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March 02, 2017, 05:07:20 PM
 #258

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
Gambling can never be like investment, because it is a game of relax to anyone in gambling sites. To some others it is a kind of fun and entertainment only nothing else.

Exactly, i am totally agree with you, i really don't understand why people consider gambling like investment. Even only one reason is same and that is Money, we use money in gambling and also we use money in investment and except it, nothing is similarity with each other. I also agree that Investment is investment, But Gambling is fun and entertainment and sudden gain money.   
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March 10, 2017, 11:51:36 AM
 #259

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 gambling and Investment is investment, It doesn't mean you deposit on your bankroll its called investment, of course not! You deposit because you are ready to lose in the games, while in investing your thinking for a long term profit not a short term earnings.
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March 10, 2017, 12:02:38 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 gambling and Investment is investment, It doesn't mean you deposit on your bankroll its called investment, of course not! You deposit because you are ready to lose in the games, while in investing your thinking for a long term profit not a short term earnings.

i agree with this, its different and we should know this although both is related between each other. but in my mind, gambling is something that we do with money involve and its not like investing which investing is we put our money into the house and we expecting to get profit with them.

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