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Author Topic: The fine line between market investment and sports gambling  (Read 1377 times)
BTCLiz
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April 15, 2021, 04:23:47 PM
 #121

<...>

indeed, inveting is not always guaranteed to make great returns over the longer run if one makes bad decisions
though if managing risk and being responsible the possiblity of a positive outcome is much higher than with gambling.

it's also much harder to find an edge while gambling than on investing.
As long as we can get the right investment, we can make a profit in the future. But we need to know how to manage the risk or select the investment to get a positive result. The fine line between investment and gambling can confuse people because if they do not research more about both things, they can gamble with their money which does not give them the profit.

Maybe the benefit of gambling is we can feel relax and have fun but if we play longer, that can make us lose money. At the same time, the investment will give us more return than gambling.

the thing is: there's no fine line, gambling and investing are really different things and should be treated differently.

If a gambler has an investor mindset he can have chances to suceed.
but an investor with a gambler's mindset is faded to loose a lot.
How can a gambler have chances to suceed? Even with an investor's mindset it is not possible. You cant win against roulette with this kind of mindset, because it is mathematical impossible. Please explain your "idea" more further.
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April 16, 2021, 03:23:56 AM
 #122

==

the thing is: there's no fine line, gambling and investing are really different things and should be treated differently.

If a gambler has an investor mindset he can have chances to suceed.
but an investor with a gambler's mindset is faded to loose a lot.
It is hard to see a gambler has an investor mindset as they want to make money. But not all of them will do like that because I am still sure that some of them will not just think about winning from the gambling games. If they can have an open mind about the investment thing, they will search for how they can have the investment while playing gambling.

.
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April 16, 2021, 09:39:26 PM
 #123

<...>

indeed, inveting is not always guaranteed to make great returns over the longer run if one makes bad decisions
though if managing risk and being responsible the possiblity of a positive outcome is much higher than with gambling.

it's also much harder to find an edge while gambling than on investing.
And this is because the markets are not really random, gambling is completely random in its nature, some people accuse casinos of rigging the results on their favour but believe me if there was some kind of pattern to what they did then people will always find a way to exploit those patterns, which by the way is precisely what we see with investing, people see a pattern in the behaviour of the markets and then they are able to exploit it and this is simply not possible with gambling which is what makes it so difficult to beat.
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April 16, 2021, 10:50:10 PM
 #124


the thing is: there's no fine line, gambling and investing are really different things and should be treated differently.

If a gambler has an investor mindset he can have chances to suceed.
but an investor with a gambler's mindset is faded to loose a lot.
How can a gambler have chances to suceed? Even with an investor's mindset it is not possible. You cant win against roulette with this kind of mindset, because it is mathematical impossible. Please explain your "idea" more further.
Things are totally different and cant really be collaborated in between gambling and investment.Both are separated on the concept of earning money neither sustainable or not for long term.

One is definitely for entertainment and one is totally for future income or profit and of course setting up those things are entirely different.Therefore, the way on dealing up with
it I depending on how a certain person would see it.

It should be separated depending into your own motive.


R


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April 16, 2021, 11:51:12 PM
 #125

==

the thing is: there's no fine line, gambling and investing are really different things and should be treated differently.

If a gambler has an investor mindset he can have chances to suceed.
but an investor with a gambler's mindset is faded to loose a lot.
It is hard to see a gambler has an investor mindset as they want to make money. But not all of them will do like that because I am still sure that some of them will not just think about winning from the gambling games. If they can have an open mind about the investment thing, they will search for how they can have the investment while playing gambling.
That's true, but based on the high rollers of different gambling sites myself have asked the same question. Why these People aren't prioritising investment. We can understand it, only when we get into gambling hard. The instant return is the major factor, which we can't expect with investment. However investing from the profit of gambling is always a better perspective.
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April 17, 2021, 05:00:09 AM
 #126

==
That's true, but based on the high rollers of different gambling sites myself have asked the same question. Why these People aren't prioritising investment. We can understand it, only when we get into gambling hard. The instant return is the major factor, which we can't expect with investment. However investing from the profit of gambling is always a better perspective.
Maybe they do not become interested in the investment so they only think about playing gambling and still want to win on the gambling games. Besides that, they think that if they invest their money, they will need a long time to receive the return and do not have the patience to wait. But if they can research more about the investment, they will see that the chance to profit will be bigger from the investment side than from playing gambling games.

.
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April 19, 2021, 08:33:06 PM
 #127


the thing is: there's no fine line, gambling and investing are really different things and should be treated differently.

If a gambler has an investor mindset he can have chances to suceed.
but an investor with a gambler's mindset is faded to loose a lot.
How can a gambler have chances to suceed? Even with an investor's mindset it is not possible. You cant win against roulette with this kind of mindset, because it is mathematical impossible. Please explain your "idea" more further.
Things are totally different and cant really be collaborated in between gambling and investment.Both are separated on the concept of earning money neither sustainable or not for long term.

One is definitely for entertainment and one is totally for future income or profit and of course setting up those things are entirely different.Therefore, the way on dealing up with
it I depending on how a certain person would see it.

It should be separated depending into your own motive.


Unfortunately there is a lot of people that believe there is not really any kind of difference and that is why they treat the markets as if they were gambling and make no attempt at all to try to improve their strategy when they are trading the markets thinking everything is about luck when this could not be further from the truth, in the markets the ones that make the best profits are the ones that rely on their knowledge to take decisions and not the ones that rely on their luck.
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April 20, 2021, 03:02:25 PM
 #128


the thing is: there's no fine line, gambling and investing are really different things and should be treated differently.

If a gambler has an investor mindset he can have chances to suceed.
but an investor with a gambler's mindset is faded to loose a lot.
How can a gambler have chances to suceed? Even with an investor's mindset it is not possible. You cant win against roulette with this kind of mindset, because it is mathematical impossible. Please explain your "idea" more further.

this applies way more on skill games than pure luck ones
but even on pure luck games a gambler can think like an investor in terms of risk management and avoiding being ruined/loosing all their money, by limiting how much money they use for gambling

.
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April 21, 2021, 12:51:17 PM
 #129


It is hard to see a gambler has an investor mindset as they want to make money. But not all of them will do like that because I am still sure that some of them will not just think about winning from the gambling games. If they can have an open mind about the investment thing, they will search for how they can have the investment while playing gambling.
I strongly agree with you mate, well I guess it is because the more people who used to engaged themselves more on gambing I've meet in life was those people who I know has no interest in market investment or even in business. But there are also those people I know who gamble but  also a business minded. They are relating their hobby like gambling to generate a profit and those people are great in their life.
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April 21, 2021, 03:40:42 PM
 #130


It is hard to see a gambler has an investor mindset as they want to make money. But not all of them will do like that because I am still sure that some of them will not just think about winning from the gambling games. If they can have an open mind about the investment thing, they will search for how they can have the investment while playing gambling.
I strongly agree with you mate, well I guess it is because the more people who used to engaged themselves more on gambing I've meet in life was those people who I know has no interest in market investment or even in business. But there are also those people I know who gamble but  also a business minded. They are relating their hobby like gambling to generate a profit and those people are great in their life.
Suppose they relating their hobby like gambling to make a profit. In that case, I am afraid that can impact their business because if they have a big passion for gambling and in business simultaneously, one of that thing will not survive. I think the gambling side will become strong because he will see the opportunity to make money will be bigger from that side. That can ruin his business because he will spend more time gambling instead continue his business and make money.

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April 23, 2021, 06:18:30 PM
 #131


It is hard to see a gambler has an investor mindset as they want to make money. But not all of them will do like that because I am still sure that some of them will not just think about winning from the gambling games. If they can have an open mind about the investment thing, they will search for how they can have the investment while playing gambling.
I strongly agree with you mate, well I guess it is because the more people who used to engaged themselves more on gambing I've meet in life was those people who I know has no interest in market investment or even in business. But there are also those people I know who gamble but  also a business minded. They are relating their hobby like gambling to generate a profit and those people are great in their life.

I guess most of the times this will fall into the 4 different situations scenarios, with 2 that overlap

like:

a gambler that does it just to have fun
a gambler that does it for the money
an investor that invests to make more money
an investor that acts like a gambler.

some of the possibilities.

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April 23, 2021, 08:16:43 PM
 #132

That's true, but based on the high rollers of different gambling sites myself have asked the same question. Why these People aren't prioritising investment. We can understand it, only when we get into gambling hard. The instant return is the major factor, which we can't expect with investment. However investing from the profit of gambling is always a better perspective.
We have no way to know what is behind the high rollers that we see at the casino, there maybe a lot of reasons why they behave this way, many high rollers have too much bitcoin already and most likely they are just gambling with a small portion of their capital, so while for us they are making huge bets this is nothing for them, the other option is that they are in fact addicted to gambling and they are mad they have lost so much money at the casino and now they want it back not understanding that attitude will only lead them to lose even more money.
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April 24, 2021, 06:08:50 PM
 #133

We have no way to know what is behind the high rollers that we see at the casino, there maybe a lot of reasons why they behave this way, many high rollers have too much bitcoin already and most likely they are just gambling with a small portion of their capital, so while for us they are making huge bets this is nothing for them
Exactly, it's hard to drive reasonable conclusions from simply high bets. I used to assume that these people must be very rich to afford losing thousands of dollars in a matter of minutes, but there's also another side of the coin. Sometimes poor people, who aren't gambling addicts, but simply are up to the neck in debts, see gambling as a quick opportunity to win and settle their debts. Recently there was a post here from a person like that. At first, they decided to make an investment, but that took too long, so they switched to gambling, which resulted in even more debts...
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April 24, 2021, 09:21:52 PM
 #134

This is a very interesting topic for me as I often wonder about the same.

I think the concepts have similarities but also are different in some ways. Why? Well, there are some high-risk investing practices and volatile stocks. In this case, I agree that investing is pretty much identical as betting or gambling. You give your money without having any idea what the outcome will be. Plus, as some of you said, the stock market is often an unfair place to be, and people with small budget can easily lose everything if they can't afford to wait out periods when the stock prices go down.

On the other hand, I'd say there are the stable stocks like Microsoft for example that generally move in a positive direction and give dividends. So, you get there in order to slowly grow your investment and possibly save money for retirement or whatever. I wouldn't place these investments in the same basket as betting and gambling. Sure, there's always the chance that something will go wrong. But still, I think these chances are small and if you read the news etc. you can probably react in time to cash in your profits.

So, my overall opinion is divided in half. If you buy new stocks and see what happens or invest in volatile stocks like Tesla that can easily grow by 50% but also drop by 60%, you are gambling in a way.

Also, to me the main difference is what money you use for investing. If you invest your retirement fund in stable investment opportunities hoping to slowly grow it, then I wouldn't say you're gambling. If you get some $5,000 you are ready to lose and just want to see what will happen by investing them in some new stock that can prove awesome or terrible, then you're gambling. You can easily decide to bet those $5,000 on a football match or place them on red on roulette and see what happens. If you are ready to lose the money, you are always gambling.

I don't know if this makes sense to you.  Grin

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April 27, 2021, 04:19:04 PM
 #135

We have no way to know what is behind the high rollers that we see at the casino, there maybe a lot of reasons why they behave this way, many high rollers have too much bitcoin already and most likely they are just gambling with a small portion of their capital, so while for us they are making huge bets this is nothing for them
Exactly, it's hard to drive reasonable conclusions from simply high bets. I used to assume that these people must be very rich to afford losing thousands of dollars in a matter of minutes, but there's also another side of the coin. Sometimes poor people, who aren't gambling addicts, but simply are up to the neck in debts, see gambling as a quick opportunity to win and settle their debts. Recently there was a post here from a person like that. At first, they decided to make an investment, but that took too long, so they switched to gambling, which resulted in even more debts...
As you state the scenarios are infinite, this is something that I have not thought because it would have never occurred to me to try to solve my debt problems through gambling but this is in fact quite common for those that are desperate and do not want to go through the trouble of solving their problems the old fashioned way, it is important to remember that gambling should be done only as a way to entertain yourself and if you happen to earn some money then be happy about it but you should not try to make it your profession.
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April 27, 2021, 08:22:33 PM
 #136

<...>

cool post.
there are some gambling ways to invest
but on both gambling and investing one can act with more responsability (doing good risk management, paying attention to payroll, etc...) or less (spending it all, revenge trading, burning all the money, etc...)

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April 30, 2021, 04:18:07 PM
 #137

This is a very interesting topic for me as I often wonder about the same.

I think the concepts have similarities but also are different in some ways. Why? Well, there are some high-risk investing practices and volatile stocks. In this case, I agree that investing is pretty much identical as betting or gambling. You give your money without having any idea what the outcome will be. Plus, as some of you said, the stock market is often an unfair place to be, and people with small budget can easily lose everything if they can't afford to wait out periods when the stock prices go down.

On the other hand, I'd say there are the stable stocks like Microsoft for example that generally move in a positive direction and give dividends. So, you get there in order to slowly grow your investment and possibly save money for retirement or whatever. I wouldn't place these investments in the same basket as betting and gambling. Sure, there's always the chance that something will go wrong. But still, I think these chances are small and if you read the news etc. you can probably react in time to cash in your profits.

So, my overall opinion is divided in half. If you buy new stocks and see what happens or invest in volatile stocks like Tesla that can easily grow by 50% but also drop by 60%, you are gambling in a way.

Also, to me the main difference is what money you use for investing. If you invest your retirement fund in stable investment opportunities hoping to slowly grow it, then I wouldn't say you're gambling. If you get some $5,000 you are ready to lose and just want to see what will happen by investing them in some new stock that can prove awesome or terrible, then you're gambling. You can easily decide to bet those $5,000 on a football match or place them on red on roulette and see what happens. If you are ready to lose the money, you are always gambling.

I don't know if this makes sense to you.  Grin
It makes sense and we see this in the market as well, the majority of the money is invested in bitcoin and if you invest in it with the intention to hold for the long term then you are not really gambling, but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say, the confusion is also exacerbated because they both borrow terms from each other and this confuses people about both being the same when in fact they could not be more different.
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April 30, 2021, 04:28:03 PM
 #138

It makes sense and we see this in the market as well, the majority of the money is invested in bitcoin and if you invest in it with the intention to hold for the long term then you are not really gambling, but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say, the confusion is also exacerbated because they both borrow terms from each other and this confuses people about both being the same when in fact they could not be more different.

Well, I would qualify that by saying that if the person investing in the 997th coin but having great knowledge about it and the market, if perhaps he has inside information, then he is not gambling, he is investing. But well, you get the idea of what you mean. The difference is that in gambling there is a mathematical certainty that is against you, in the long term, while in the investment world that certainty does not exist.




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April 30, 2021, 08:50:13 PM
 #139

This is a very interesting topic for me as I often wonder about the same.

I think the concepts have similarities but also are different in some ways. Why? Well, there are some high-risk investing practices and volatile stocks. In this case, I agree that investing is pretty much identical as betting or gambling. You give your money without having any idea what the outcome will be. Plus, as some of you said, the stock market is often an unfair place to be, and people with small budget can easily lose everything if they can't afford to wait out periods when the stock prices go down.

On the other hand, I'd say there are the stable stocks like Microsoft for example that generally move in a positive direction and give dividends. So, you get there in order to slowly grow your investment and possibly save money for retirement or whatever. I wouldn't place these investments in the same basket as betting and gambling. Sure, there's always the chance that something will go wrong. But still, I think these chances are small and if you read the news etc. you can probably react in time to cash in your profits.

So, my overall opinion is divided in half. If you buy new stocks and see what happens or invest in volatile stocks like Tesla that can easily grow by 50% but also drop by 60%, you are gambling in a way.

Also, to me the main difference is what money you use for investing. If you invest your retirement fund in stable investment opportunities hoping to slowly grow it, then I wouldn't say you're gambling. If you get some $5,000 you are ready to lose and just want to see what will happen by investing them in some new stock that can prove awesome or terrible, then you're gambling. You can easily decide to bet those $5,000 on a football match or place them on red on roulette and see what happens. If you are ready to lose the money, you are always gambling.

I don't know if this makes sense to you.  Grin
It makes sense and we see this in the market as well, the majority of the money is invested in bitcoin and if you invest in it with the intention to hold for the long term then you are not really gambling, but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say, the confusion is also exacerbated because they both borrow terms from each other and this confuses people about both being the same when in fact they could not be more different.
The difference between the 997th coin in the market and the top ones is probably the features they offer and the originality of each one. While the top coins are innovative and have their own technology, the 997th is just a copy of another coins. By investing in the top ones you aren't gambling, but investing, because you know their features will lead them up on long run, but once you exclude the features, innovation, creativity and originality of the coin, nothing is left. That is the case of the coins on the bottom of the crypto market list. So when investors put their money on these cheap (or priceless) coins, they aren't investing anymore, but gambling instead, because there isn't any logical reason they can use to explain why this specific coin is going to return them profit on long run.

So I think we can say we are investing when our actions are well based and make sense from a technical perspective, but when we put our money in something that isn't possible to explain why that is a good investment in a reasonable way, it's because that isn't an investment at all. Besides the coin example you gave, I could also mention ponzi, high yield *investment* programs.

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April 30, 2021, 09:12:54 PM
 #140

It makes sense and we see this in the market as well, the majority of the money is invested in bitcoin and if you invest in it with the intention to hold for the long term then you are not really gambling, but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say, the confusion is also exacerbated because they both borrow terms from each other and this confuses people about both being the same when in fact they could not be more different.

Well, I would qualify that by saying that if the person investing in the 997th coin but having great knowledge about it and the market, if perhaps he has inside information, then he is not gambling, he is investing. But well, you get the idea of what you mean. The difference is that in gambling there is a mathematical certainty that is against you, in the long term, while in the investment world that certainty does not exist.

Investing can really be considered to be gambling most of the time and just like with strategic type of gambling games on where there are factors which can really be dealt of for you to take advantage.
Its up to someone on how they would do proper things neither they do make out analysis or just simply relying into their guts.Investment and gambling should really be separated because there are some
factors which are really very different in between things.Its up to someones approach into investing or gambling.You would really be needing to separate it.

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