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Author Topic: When is Gambling Like Investing  (Read 7699 times)
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April 30, 2017, 02:43:38 AM
 #281

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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.

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April 30, 2017, 09:16:48 AM
 #282

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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.
Gambling would only turn out to be an investment when you do already invest on gambling sites bankroll which means you dont really need to play but to be part of the house which is a wise decision than on playing on it.Chances of losing money would really be different because we do all know that house still wins on the end of the game thats why investing on bankroll will be suggested.

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April 30, 2017, 10:10:34 AM
 #283

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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.
Gambling would only turn out to be an investment when you do already invest on gambling sites bankroll which means you dont really need to play but to be part of the house which is a wise decision than on playing on it.Chances of losing money would really be different because we do all know that house still wins on the end of the game thats why investing on bankroll will be suggested.
Yes , gambling will not become investment if you only a gambler who play the games and put a bet on it. 
A wise gambler will invest and have some shares with a gambling site if you have a little big amounts .It will become a big profit for you . A common mistakes that people think that gambling is an investment which only those wise man knows were to invest smartly not like playing games who rely on luck.


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April 30, 2017, 10:16:15 AM
 #284

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 in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.
with your example there's a big difference in terms of results, in dice its just win or lose while in trade the possibility that it will remain the same is present and the amount of earnings can be maximized in trading while in dice you are just relying with your luck and the amount of your stake.
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April 30, 2017, 11:23:14 AM
 #285

I think it is avery interesting question.  For the disciplined investor it is clear they are not the same.  But if you are undisciplined in your investing you may actually just be a gambler with the same odds of losing.

The first thing you should know is gambling is never considered as an investment because these are just games and we need to spend our money enjoy these games. But if only if you're lucky, then you got a chance of making some money but that doesn't mean that it is an investment. I never consider gambling as an investment but investing on casino bankrolls may be a good investment option.

Yeah, but most of the gamblers see gambling as an investment, well, it is an investment, in a way, because we are investing our money, for us to have something to spend on betting, and also an investment of efforts and hard works, not quitting even though we are losing too much money, something like that. But it is not the real "Investment" that we are all thinking.

Gambling is just a game, where we could earn a lot of money in an easy way if we are good at it, or we do know what to do in every time that we are going to gamble, but like you, I never consider gambling as an investment.
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April 30, 2017, 11:52:45 AM
 #286

When you invest your bankroll to gambling then that will become gambling into investment more of the gamblers don't want to invest their bankroll is better way to play their money into big risk to win big profit but it will became 50/50 chance of winning and losing its up to you on how you will handled it.
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April 30, 2017, 12:04:13 PM
 #287

When you invest your bankroll to gambling then that will become gambling into investment more of the gamblers don't want to invest their bankroll is better way to play their money into big risk to win big profit but it will became 50/50 chance of winning and losing its up to you on how you will handled it.

50/50? that is funny, if that is 50/50 as you said, then it must be really an easy game, no more addictions because with a martingale strategy, you can win your every gambling activities. That is not 50/50, more likely it's 70-30 chance, the more you increase the odd, the more the risk the bigger the profit. I think it is the way around, because investing is considered gambling because when you are putting your money at risk, they you are gambling.

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April 30, 2017, 12:57:59 PM
 #288

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 only like investing if you are so good at a game that you make more than you lose. If you play poker with people you know and you almost always win because you can read the opponents, then that could be an investment.

 
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April 30, 2017, 01:02:19 PM
 #289

The only profitable way from gambling is sport-betting. Because here you don't bet against the machine or the house edge, you bet on real humans  you see how they play, you know for what they play, you know who they play against, how they play against this team. So yeah with a good bankroll management you can do good money.

About investing into gambling.. the best that would be like investing is if you've got a source that offers Fixed matches so you may invest to buy the game and put your money into it. You won't need more than $100 000 I guess tho ^^
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May 03, 2017, 05:23:02 AM
 #290

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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.
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May 03, 2017, 05:49:44 AM
 #291

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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.
Loss is always accompanied with gambling. One thing that makes it a potential investment is the luck we have. If lucky we might get multiples of profit that we could never get from any of the investment schemes. Another thing is that several gambling websites give access to invest on their house. This gives an earning depending on the profit made by the gambling website.

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May 03, 2017, 06:12:05 AM
 #292

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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.
Loss is always accompanied with gambling. One thing that makes it a potential investment is the luck we have. If lucky we might get multiples of profit that we could never get from any of the investment schemes. Another thing is that several gambling websites give access to invest on their house. This gives an earning depending on the profit made by the gambling website.

You shouldn't mix both investing on casino bankrolls and gambling. Because both are totally different. Gambling can't be considered as an investment even though you can double or more when you're lucky because these are just games to get excitements. But if you invest on casino bankrolls then they are high-risk investments. You can make a more profit from these sites and at the same time can lose money fast so if you diversify your funds then you're profit making chances will increase from these investments.
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May 03, 2017, 06:35:44 AM
 #293

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 think ever that gambling can be form of investing, I don't think so! because for me was just a kind of relaxation and form of making have some fun only. And gambling is too risky, though some says it was fun but most of the gamblers faced loses most often.
Loss is always accompanied with gambling. One thing that makes it a potential investment is the luck we have. If lucky we might get multiples of profit that we could never get from any of the investment schemes. Another thing is that several gambling websites give access to invest on their house. This gives an earning depending on the profit made by the gambling website.

You shouldn't mix both investing on casino bankrolls and gambling. Because both are totally different. Gambling can't be considered as an investment even though you can double or more when you're lucky because these are just games to get excitements. But if you invest on casino bankrolls then they are high-risk investments. You can make a more profit from these sites and at the same time can lose money fast so if you diversify your funds then you're profit making chances will increase from these investments.
It is even better if you will not play while you are investing in a casino so you will not temp to divest your deposits. Well, that is only if you are not quite good enough in controlling your emotions, the moment you lose control you might make a wrong decision so it's best to stay focus on investing only.

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May 03, 2017, 06:38:10 AM
 #294

When you invest your bankroll to gambling then that will become gambling into investment more of the gamblers don't want to invest their bankroll is better way to play their money into big risk to win big profit but it will became 50/50 chance of winning and losing its up to you on how you will handled it.

50/50? that is funny, if that is 50/50 as you said, then it must be really an easy game, no more addictions because with a martingale strategy, you can win your every gambling activities. That is not 50/50, more likely it's 70-30 chance, the more you increase the odd, the more the risk the bigger the profit. I think it is the way around, because investing is considered gambling because when you are putting your money at risk, they you are gambling.
There is such 50/50 chance on gambling. If you set the win chance to 50% chance (considering 0 house edge), The game is already a 50/50. Some people mistaken the win chance and end up confused because martingle are still losing when applied. Win chance is just a probability you can get 100 loss streak even if your win chance percentage is set to high value.
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May 03, 2017, 07:14:40 AM
 #295

The only profitable way from gambling is sport-betting. Because here you don't bet against the machine or the house edge, you bet on real humans  you see how they play, you know for what they play, you know who they play against, how they play against this team. So yeah with a good bankroll management you can do good money.

About investing into gambling.. the best that would be like investing is if you've got a source that offers Fixed matches so you may invest to buy the game and put your money into it. You won't need more than $100 000 I guess tho ^^
sportsbetting fixed games .... it was not a good way to make money and to gamble .

gambling will feel like an investment when you do it in bitcoin, for example even if you lost 10% of total bankroll you have but the bitcoin market crazy like what happened recently , you will still in profit as the bitcoin you hold keep growing .

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May 03, 2017, 07:35:41 AM
 #296

Gambling can never become an investment. Only way is when you invest in a gambling website. So whatever the profit the owner makes, you can get a part of it. But of you meant by doing gambling, gambling and investment are not even close.
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May 03, 2017, 08:12:33 AM
 #297

Gambling can never become an investment. Only way is when you invest in a gambling website. So whatever the profit the owner makes, you can get a part of it. But of you meant by doing gambling, gambling and investment are not even close.
You're wrong gambling can be investment it how only you use to spend your money and besides you don not need to gamble for it you only need to invest in the new casino's or gambling site bankroll when it is about to start that way gambling is like investing .By playing gambling it is not to be called investment it is the true meanin of gambling.


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May 03, 2017, 09:54:57 AM
 #298

It can be like investing but your investment will come out at a loss in the end of the day. When you divide your bankroll in different amounts and you try to play different slots each with 0.05 bitcoin for example as an amount. You try 10 slots with 0.05 bitcoin each slot. It can pay off once in a lifetime if you hit biggest payout on slots or jackpot but all the other times you will come missing 0.50 bitcoin in total.

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May 03, 2017, 01:39:45 PM
 #299

Gambling can never become an investment. Only way is when you invest in a gambling website. So whatever the profit the owner makes, you can get a part of it. But of you meant by doing gambling, gambling and investment are not even close.
You're wrong gambling can be investment it how only you use to spend your money and besides you don not need to gamble for it you only need to invest in the new casino's or gambling site bankroll when it is about to start that way gambling is like investing .By playing gambling it is not to be called investment it is the true meanin of gambling.
This is exactly what I said. By investing in a gambling website or casino just like some another business. It can turn into investment. But playing gambling is not an investment.
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May 04, 2017, 07:09:55 AM
 #300

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 do agreed on you, gambling is not a type of investment for me. maybe for others it is like or nothing difference in investment because it for them profit anyhow that's they say it. But like what other says it is only for enjoyment.
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