crwth
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January 29, 2024, 03:53:13 PM |
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I quite had a hard time understanding what you were trying to say. I think it's quite long for a simple question.
For me, it's gambling if you have a stake involved because if you have the definition of gambling, it's about involving or wagering something of value. If that something of value is at stake, then that is gambling. It's the intent of multiplying or increasing the value of your stake, whether it's a large sum of money or valuable goods. Mixed with the game of chance, it's definitely equal to gambling.
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PX-Z
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January 29, 2024, 03:57:33 PM |
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You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Yes, if there is staked "money" is involved or anything that has "value" to bet on, it will be called gambling. But the event itself is for competition to determine who is the best on that field, and prize will be given to the winner. The organizers for betting are the one responsible why sports especially those super hyped, too many fan base sports are related to gambling.
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Yatsan
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January 29, 2024, 04:11:53 PM |
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Put it simple. You staked something with hopes of getting more in return and accepting the fact that you could lose it, that's gambling. An activity will not only be a gamble if you don't have any expectancy of getting anything if ever your assumption is either correct or not. For xample watching a basketball match and you assumed that team A will win. If you won't lose or gain anything from thaat assumption then that will just be an opinionated guess, nothing more and nothing less. But if there's someone who would oppose on your assumption and would be willing to put something as the consequence of wrong assumption, then that's gambling, in any form of reward of consequence there is after an assumption. You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Yes, if there is staked "money" is involved or anything that has "value" to bet on, it will be called gambling. But the event itself is for competition to determine who is the best on that field, and prize will be given to the winner. The organizers for betting are the one responsible why sports especially those super hyped, too many fan base sports are related to gambling. Term 'value' indeed or something which is valuable to the counterparty could be gambling. If no assumption differs and no agreement is formed but an exchange of things was done, then that's just a trade and that also means no risk is present on losing something and not getting anything out of a wrong guess. But what if it has no value? Perhaps some of your friends agreed that they'll allow you to punch them in the face if he had a wrong assumption on the outcome of a match. Is this gambling? Yes as well 'coz there is a presence of contrast with opinions and that there is a consequence and reward at the end of the game, which is again, could be in any form.
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uneng
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January 29, 2024, 04:20:51 PM |
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You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling?
Of course. People are making predictions on the outcomes of such competitive activities, therefore they are gambling on the potential results of the matches in order to know who is able to guess it correctly. That is what we call sports betting. It's just another category inside gambling industry which has become really popular nowadays through online apps and the sponsorship these platforms destine to sports' industry, especially soccer's leagues and championships. Every events we don't have 100% assurance about their results can be bet on, and this very act is considered gambling.
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Slow death
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January 29, 2024, 05:24:03 PM |
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I once read somewhere that said that games don't involve betting money, when two teams compete against each other and there is a prize for the winner of that competition, that's just a game. Players from these teams keep playing to score goals and win games. they are not sitting around making money bets on which team will win, which is why when we see countries that have banned gambling having football leagues and many sports, then we can easily see that that is the difference in gambling. The people who go to watch the games are not losing money because some team lost, they pay entry to the stadium. the players who are playing are also not losing money if they lose the game, because they have not bet money
They receive salaries every month, so realize that a football league, a World Cup, a car race, NBA games, and many other sports are not games of chance, they are just games. two people playing poker without involving money, they are just playing. but when both people bet money when playing poker then it is considered gambling and in some countries this could land people in prison. I think it is very important that people are able to understand these differences, especially if they are living in countries where gambling is prohibited. In my country there was a person who created a computer gaming machine, but the machine is very similar to slot machines
So the owner of the game always makes an effort to clarify to people that on that machine people play computer games, they don't bet anything, but the winner gets prizes. He then clarifies to people that it is not a game of chance, it is not a slot machine that is found in all parts of my country and that to play people they must put coins in the machine, and there are many people in my country who do not know about this. difference
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Jaycoinz
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January 29, 2024, 05:45:54 PM |
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So far you stake your money, it is gambling. In fact, that is what that makes it to be called gambling. Gambling means you are risking your money on betting. Gambling has been existing since the old age when there are no casinos and bookies.
If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
Yeah I think I have even something like this before as a discussion topic. I am also skeptical about this idea of anything that money is stake as gambling but after the whole argument I seem the point from where others were going and I now understood so I just have this question about this thought which is what if me and spouse put money that which person is gonna actually be the first to finish eating something, can this also be classified as gambling.
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Lorence.xD
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January 29, 2024, 06:45:08 PM |
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So far you stake your money, it is gambling. In fact, that is what that makes it to be called gambling. Gambling means you are risking your money on betting. Gambling has been existing since the old age when there are no casinos and bookies.
If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
Yeah I think I have even something like this before as a discussion topic. I am also skeptical about this idea of anything that money is stake as gambling but after the whole argument I seem the point from where others were going and I now understood so I just have this question about this thought which is what if me and spouse put money that which person is gonna actually be the first to finish eating something, can this also be classified as gambling. If it will have a reward for who will be finishing it first and punishment to the one who will finish it late then I think it caan be counted as gambling. You gain or lose something from an argument, contrasting perspective, predictions, assumptions, and such then that's gambling. It's concept is simply and will be more confusing if it would be associated with investments because risk is always present and there is also a tendency for either profit or loss, however investment is purely involving money and cannot be done with just agreements alone. But with normal competitions without staking anything and just a matter of gaining or not losing anything then I guess it won't be considered. It will depend on the approach; I cannot call perhaps a tournament which will require joining fees and getting a chance to win all of the prize pool gambling. Maybe it is depending on the orientation. If the joining fee of every tem or player will be all going to prize pool then that would be gambling; winner takes all. But with instances wherein joining fees would be used to pay the staff or organizers of the event, and that prize pool will be coming from a sponsor, then that would be more of a tournament. Am I making the right analogy?
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sunsilk
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January 29, 2024, 06:53:06 PM |
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As long as stakes are there then it is gambling. If there are no bets involved, you wouldn't call it a gamble but when using this term and defining your decision like it is all what you've got and you have taken a risk, then it is a gamble.
So, the common use of it is when we're placing bets to any sporting activities and in return, we've got a potential to win and of course, losing is there too.
Come to think of it when you do not put any bet and just play sports, there's no gambling activity involved and it is not the same.
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MainIbem
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January 29, 2024, 07:03:52 PM |
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Hey any activity that brought two or more people together that involves staking or money is gambling, gambling can only take place if Money is involved otherwise it's not called gambling rather gaming. Gaming is a thing to play to keep you busy or ease yourself from being bored or depressed if you are playing games on your phone that is not gambling and if you are two or more playing games without staking money or staking anything is still called gaming so, gaming is what one or two persons does to keep themselves busy without involving money.
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borovichok
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January 29, 2024, 07:16:23 PM |
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Every event we don't have 100% assurance about their results can be bet on, and this very act is considered gambling.
This is the philosophy behind gambling. Gambling is a money venture. An investment for the bookies. If it is so 100% that you will win, then bookies will not put it up for gambling but the fact that there is a possibility of losing and then the bookies profiting is what makes it gambling. It is a 50/50 game. A win for the gamer is a loss for the bookie and a loss to the gamer is a win for the gamer. So at every point, someone is winning and the other is losing. Gambling is never a win-win.
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iv4n
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January 29, 2024, 07:23:37 PM Last edit: January 29, 2024, 07:36:58 PM by iv4n |
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Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.
Gambling is when we risk something we have to gain more... gambling is when we risk what we have to gain something else more valuable. So we go to work and we risk our bodies & minds to make money? Don't you think it's gambling? For me, it is... because we can make more money, but we can lose something else more valuable in that process. So life is a game of chances if we look at it carefully. You can win some girl or not? You need to make a move and risk something, are you ready to do it or not? You can get something or you can lose everything... Life is one big gambling game, we either play it and make chances for us or we quit. If we don't play/risk, we don't have a chance to win anything. If we try it we have a chance. Simple as that.
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Doan9269
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January 29, 2024, 07:29:52 PM |
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Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.
However you tends to define gambling, it would be incomplete if stakes, risks and challenging activities (competitions) are not mentioned.
You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling? Remember, there would be a winner to be rewarded and a looser to lost the stakes.
Anything that involves staking an amount of money is gambling, this may be in sports, politics or any or discussion or arguments as long as money is being involved it's called gambling because we are staking on what we are making argument or discussion on, that stake is what makes the difference, one doesn't have to go to the casino house before he knows he's gambling, if we can stake money on anything we have with others then we have just gambled.
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Dr.Bitcoin_Strange
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January 29, 2024, 07:39:43 PM |
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You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling? Remember, there would be a winner to be rewarded and a looser to lost the stakes.
In agreement to what other users have said already, YES! is the answer to your question. Gambling can be defined in different ways, with different words, which still mean the same thing. That's to say, gambling just means the same thing, no matter how it is defined. An activity characterized by a balance between winning and losing that is governed by a mixture of skill and chance, usually with money wagered on the outcome.
I got that definition of gambling from an English-version-dictionary (Android-version) and the definition is selfexplanatory. For example, if there is a fight between two students in a school and someone says that he or she is placing a bet that „student A“ will win the fight and another person also says that he or she is placing a money bet that „student B“ will win the fight, that is just a typical example of gambling. You can also set as many examples as you want, using other scenarios. As long as money is being staked and the end result would be a win or lose, that is just gambling.
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suzanne5223
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January 29, 2024, 10:26:23 PM |
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Gambling will always involve stakes and competing with the house, or opponent if it's a game that has to do with poker. Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling? Remember, there would be a winner to be rewarded and a looser to lost the stakes.
It is hard to understand the team you're talking about in particular but if you're talking about the casino team. To make the game fair and to prevent any sort of manipulation the casino team is not allowed to gamble on their platform so the gambling is between you and the game provider. Therefore it is all competition activities are handled by the casino. Is like owning a vehicle company and having a deal with battery battery-making company.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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Palakka
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January 29, 2024, 10:39:14 PM |
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Gambling comes from various things, simply put, we bet in various fields using money as a entertainment prize and this includes gambling, but this is gambling at a level that is not sustainable. But on the other hand, if someone bets without using money or is just joking, it will not be called gambling. Gambling arises from both parties determining their guarantees in every aspect they undertake.
For that reason, I think what you have said is purely called gambling. Whether in football or other betting, if money becomes a prize, of course it will be called gambling. Because gambling is always synonymous with money and whatever they bet on if they don't risk money then it won't be called gambling.
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dothebeats
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January 29, 2024, 10:46:15 PM |
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Well you could say that. Since you are staking something to receive something, you are essentially 'gambling' to make sure that your staked amount isn't lost at all. If there isn't anything that can be lost to whatever you'll be doing, then I wouldn't call it as gambling but rather as free money, though of course that doesn't happen at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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EluguHcman (OP)
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January 29, 2024, 10:58:56 PM |
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If there is no money involved, it is not gambling. If there is money involved, it is called gambling.
I have seen two local football teams betting with funds that whichever team that wins the match at the final rounds wins as a champion 🏆 of the game and so, they wins the bet (stakes) as an award. In here, does that also implies gambling?
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robelneo
Legendary
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January 29, 2024, 11:39:34 PM |
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Me: Gambling is a game of chances to winning or loosing where stakes are involved. It is an activity of personal desires to decide if you derives chasing after profits or catching funs.
However you tends to define gambling, it would be incomplete if stakes, risks and challenging activities (competitions) are not mentioned.
You can defined it your way but my interest is to understand this>>> Are sports games or related competitive activities which stakes are involved between both sides or teams also gambling? Remember, there would be a winner to be rewarded and a looser to lost the stakes.
So let's look on the dictionary for an exact definition of what gambling is Gambling, the betting or staking of something of value, with the consciousness of risk and hope of gain, on the outcome of a game, a contest, or an uncertain event whose result may be determined by chance or accident or have an unexpected result because of the bettor’s miscalculation. https://www.britannica.com/topic/gamblingSo yes when the activities or sporting events have money and something valuable is involved it can be considered gambling so sports can be considered gambling to some extent, based on the definition of a dictionary but sports enthusiasts do not attach gambling to it, they want to see the performance level, skills, and strategy employed by the athlete, teams, and fighters so they can participate without the involvement of money.
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Fundamentals Of
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January 30, 2024, 01:12:30 AM |
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Even if you gamble for fun or for chasing profits, that's still gambling. What counts is that you are betting money and expects more money if you win. That's perhaps the main thing about gambling. So whether the way to play that is through a game of cards or through a game of dice or by betting through sports matches doesn't matter. The point is that you are gambling.
If you are watching a sports match and then you and your friends are taking the opposite teams and whoever loses will pay the lunch, that's probably not gambling.
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arjunmujay
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January 30, 2024, 07:23:25 AM |
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Even if you gamble for fun or for chasing profits, that's still gambling. What counts is that you are betting money and expects more money if you win. That's perhaps the main thing about gambling. So whether the way to play that is through a game of cards or through a game of dice or by betting through sports matches doesn't matter. The point is that you are gambling.
If you are watching a sports match and then you and your friends are taking the opposite teams and whoever loses will pay the lunch, that's probably not gambling.
I don't think it's gambling, because it involves one person. It's different if you're watching a match with friends, then both people eat together and agree that the loser will pay for the food from the person who wins too, that's a gambling activity even if you don't give money directly.
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