Are NFT games also another way to gamble your money?

[goinmerry]

How can you ever view playing games even though it is connected to a blockchain as an investment, i am yet to play any games and i am sure you need to connect your wallet just like you do in gambling sites and can start playing. I am not sure about the dividends you are going to earn playing the game but still you cannot view playing games with money as investment.

There are some NFT games that already with play to earn features that's why it's not the same as gambling but rather an investment.

On the example provided by OP, Defipet for example does have future pay to earn.

Others are now preparing for it by investing money to properly set up their pets. It's not totally gambling since these preparations will be used in the future. No way it won't be profitable but the only question is how long the return of investment.

[huu78]

Of the 3 games you mentioned are indeed gambling. Many other Nft games of the same nature. They offer bets which i find a little unreasonable. This method of course invites our desire to bet instead of getting a big profit. And reality says differently.

[Mahanton]

Investment could always be considered as a gamble but this is entirely or literally be different if we do talk about gambling games which means risk would really be in common but somewhat
they do really differ on the intensity or the amount of risk involved.In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are
expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really  be giving worth into your risk taking.

[Hamphser]

Ranking based on preference.

1.Mydefipet
2.Splinterlands
3.Cryptoblades

Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the  current hyped NFT  games as of this moment.

In talks or mention of gamble then its definitely risky i can say but on those games i had able to reached out ROI in a short span of time which i can say
to be worth it but of course you should be always be aware on  investing on the money that you can afford to lose.

[AmoreJaz]

The gambling part is the output. For example in DefiPet, you will buy a pet but the chances of getting a high quality have a probability. It's the same as gambling and relying on RNG to have a good pet. But the difference in actual gambling is, you can still use your buy pet even it's just a common one.

About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.

to eliminate the luck factor here, the player should monitor the progress of the platform itself, are they really implementing the tasks promised to its players? are they finding ways how to attract players and increase the value of the characters? because if you will not keep up with their updates, you are just basically relying on your luck.
you need to think also about the longevity of the gaming site. can they withstand the market once the hype is over, like for example, when it comes to NFT? and this kind of question takes time to at least get a substantial answer. as NFT games are just in the initial phase, we can't know yet how the gaming community will approach this in long term

[yazher]

Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the  current hyped NFT  games as of this moment.

I only posted the games I invested in, I don't have any experience with the Axie infinity so I skipped it.

Anyway, base on your answers, it is definitely a gamble to invest in these games but the risk is low compared to actual online gambling that we have right now but the nature of losing your money when the price of their token fell is still there and there is no guarantee for it to bounce back since it is also inside the crypto market where the volatility is always our partner.

One more thing about Cryptoblade is their chances of battle where the low percentage of winning gives only a little amount of rewards. The moment I saw the percentage of winning the battle, that's when I concluded my thought that this is really gambling. because there is no other definition of when you need to get in the odds in order to take your money back.

[ethereumhunter]

Of the 3 games you mentioned are indeed gambling. Many other Nft games of the same nature. They offer bets which i find a little unreasonable. This method of course invites our desire to bet instead of getting a big profit. And reality says differently.

I wonder if NFT will be the next phase of the gambling business because if many games in the NFT are related to gambling, that can make the crypto gambling industry grow. The investor will attract to playing the games and gamble with their money but I am not sure if they can get a good return from the project unless they do not want to play the games and only want to use the investment from the NFT. We will see it later once the NFT project achieves all of the phases of the project.

[Fundamentals Of]

Yes, NFT games are becoming a thing for investors and players to gamble their money but this is a different kind of gambling. This is not the typical form of gambling. This is more like investing.

In Axie Infinity for example, you will need a big amount of money to breed, hoping that the baby Axie that will be produced in the end has a high level of purity and would therefore sell big in the market. But there is also the risk of having an offspring with low purity percentage.

[Xinarae*]

NFT games are another way to gamble it's usually a slightly different type of gambling occurs through investment. Most gamers will buy the game and play some parts towards the end and some people will complete the whole content there will be a dedicated subset for which gambling becomes a social environment, where digital work is marked by status and wealth. NFTs were currently the only profitable thing in etherium during the cryptocurrency to end the game and trade heavy discount tokens you travel well in this direction it will take you higher risks.

[peter0425]

even if this is gambling or not yet i don't care because i would rather invest my money in crypto than playing these games in which for me are boring and also i have so many things to do than this gaming now.

but about this being gambling or not? yes this is gambling depend in my perspective lol.

[LUCKMCFLY]

Guys, I have seen that NFT games are what will explode in moving a lot of money due to that trend, I don't know about you, but the money that will move the most will be there, the business model that is taking place is unique, there are many Airdrops, many Oprotunities where many games are emerging.

A simple example is AXIE Infinity, many are investing and are managing to even give scholarships for gamers, I think the business model is very sustainable, because attracting players and investors is a great combination. I think that at least during these 6 months it is a great option to bet money on NFT games because of the trend that is seen.

[zidanw]

Not really, it's not really. It's different than gambling your money like in casino but the only similarity they have is both are entertaining and both are related in playing/game. Some people already lost in NFT games after investing since the price drop while it can be recovered if the price increase while in gambling if you lose, you'll lose that amount and you can't win it back not unless you will place bet again.

[rodskee]

Not really, it's not really. It's different than gambling your money like in casino but the only similarity they have is both are entertaining and both are related in playing/game. Some people already lost in NFT games after investing since the price drop while it can be recovered if the price increase while in gambling if you lose, you'll lose that amount and you can't win it back not unless you will place bet again.

but when you are betting against other player? or other account? example me and my friend will bet if whom will attain a certain level each week? this cannot be called gambling ?

all the games created can be gambling mat it is depend on how we treat the game and how we will comply on those.

but if you are just using them for fun then you are literally a self controlled person.

[imstillthebest]

yes nft games are another way to gamble your money because it requires a capital but it can be more enjoyable than a normal gambling because you are playing a video game .
 first game in your list is cheaper among the two and the other nft games that i know but it looks less fun ? the second one looks like axie because it also expensive to the fact that you need more than one character .
 third one is trendy now but i didnt know that players cant earn yet ? , that was risky  .

[Kong Hey Pakboy]

Of you're sort of gambling in game then I think that you can probably consider it as a gambling, I am not familiar with any of the games besides Cryptoblades and I think that given the gameplay of Cryptoblades is, I think it's already a gambling.

Isn't Cryptoblades not really a gambling because you can freely choose which one you fight and if your character has an advantage against a fighter  that you choose base on element that they have then your likely to win and I think that it's not really gambling for me.

[magneto]

Yeah, especially with gas wars and stuff.

If you are not fully prepared and are simply going in blind, there is a good chance that what you are doing constitutes gambling. There is simply no guarantees when it comes to return on capital as these tokens have absolutely no return on capital.

Don't get confused. Recognise gambling as it is - it is super important.

[crwth]

When I read your title, I thought that it's about gambling on which NFT game would be at the top 1 game, beating Axie Infinity. I think there are only a few competitors in those spaces and one of which is Illuvium. Well, I think with its gameplay, it has potential, and it's a AAA game. Well, it's still speculation.

I think the word "Gambling" is being interchanged with "Risk" making it seem everything is all about ROI. 

Maybe we can make this a type of gamble based on this lol.

[Saidasun]

even if this is gambling or not yet i don't care because i would rather invest my money in crypto than playing these games in which for me are boring and also i have so many things to do than this gaming now.

but about this being gambling or not? yes this is gambling depend in my perspective lol.

Investing in crypto is gambling do you not understand that? If you are not trading regularly then Bitcoin can be seen as passive income because you are holding the coins instead of trading every day if you are trading every day it is bigger risk and takes a lot of time. NFT gambling is more fun compared to investing in Bitcoin but is not as profitable.

[Kittygalore]

I only play Axie Infinity so I really don't know if it's considered a gambling, the only part of it that I can think of that it's a gambling is the investment on the teams themselves, you buy them hoping that you can get a return of investment.

[Saidasun]

I only play Axie Infinity so I really don't know if it's considered a gambling, the only part of it that I can think of that it's a gambling is the investment on the teams themselves, you buy them hoping that you can get a return of investment.

That is the definition of gambling if you are investing money into a company and expecting a return then that would be gambling because no investment is guaranteed a return. Taxing gambling and investments is different in some countries but the concept is the same.