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Author Topic: Investment in gambling  (Read 1205 times)
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February 03, 2024, 10:49:30 AM
 #21

How did you come up with that? I mean, investing or investment and gambling are two different things, also in words or meaning. How could you say that investing is also gambling? Let's put it this way: you are investing in something, and yes, you need to stake money. To be a capital for investing, but the thing is, the only reason or way you could lose money in investment is if you encounter a scsm or you didn't manage your investment well due to wrong decision, management, and approach. While in gambling, you play games or stake money while knowing that you have a bigger chance of losing compared to investing, because in investing with proper knowledge, analysis, and management, you could have your ROI or return on investment. While gambling, there is no guarantee that you will return your capital used for gambling. So they are completely different.

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February 03, 2024, 11:09:34 AM
 #22

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.
It's not a problem that we are not ready to lose or don't dare to take risks in investing in gambling. However the problem is that not everyone has access or a pathway to enter the investment offering area in the gambling sector. If you are talking about investing but you yourself don't have any access to the people in the casino, then it's not much different, the scheme is still gambling, not investing. You need to understand that investment and gambling paths have opposite paths. Even though they are both risky, they are related to the possibility of profit and loss so that investments can be controlled easily. Whereas in gambling you only have the option to go forward or back before all your money runs out. Roll Eyes

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February 03, 2024, 11:28:00 AM
 #23

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.
-cut-
This isn't just said by someone, it's just a statistical fact. It doesn't need trust to be true.

But maybe rest your point got lost in translation here, but i am trying to decipher it and give a honest opinion.

First of all, daily interests and gambling have nothing to do with each other. And since you are not giving specific examples or naming sites, it stays a mystery how the ponzi scheme, which is very specific scam fits in this.

Anyone outside of actual banks promising you ridicilously high daily interest of usd value can be considered as a scam. That's it. You don't need to look deeper. If they keep paying at the start, it can be because of the ponzi mechanics. But i can't underline this enough: This has nothing to do with gambling, even if it happens trough casino.

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February 03, 2024, 11:50:11 AM
 #24

Gambling is not an investment and gambling is not a Ponzi scheme. That's completely different because gambling is gambling with a certain amount of money and the result will be win or lose. If you are lucky, you win and vice versa. But for Ponzi schemes, those who join first may be the ones who can benefit.

Maybe you mean you joined a site with a Ponzi scheme and deposited some money while waiting for the daily interest you can get. You don't know whether the site will last long or only for a short time. If that's what you mean, maybe you are gambling with time when you don't know when the site will close and take all the investors' money. But it's different from gambling in general because you don't play gambling games in casinos.

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February 03, 2024, 12:24:45 PM
 #25

OP, I don't know in what state of mind you wrote your post, but there are some problematic assumptions that should be addressed.  Comparing speculative investing to gambling fails to capture key differences.  Unlike gambling, which is pure chance, investors make calculated risks aiming for long-term growth.  Additionally Ponzi schemes should not be viewed as merely risky ventures, as they exploit people's trust and lack transparency or sustainability. 

Frankly, your post is a confusing mess. It seems like you've jammed three unrelated ideas into one incoherent jumble. Was there even a point you were trying to make? If so, it's completely lost in the translation – or lack thereof. Get your thoughts straight and try again, because this gibberish isn't worth anyone's time.

R


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February 03, 2024, 12:43:39 PM
 #26

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.

I think I am exploring in this gambling spaces of risk bearers. While being aware about the techniques in the Ponzi Schemes of attracting the audience to invest lower amount and earns higher, the Investors runs greedily out of their emotional controls and then Invest more than they could afford to loose just because they are attracted by the returns of interests.
Now I am one of the audience (investor) who accepted to face the risk too with my own technical contrast that if it works as thought it is assumed that I won but if it doesn't, then it is assumed that I was late and has lost it.
Now, introduced to an ongoing Ponzi Scheme which I got interest on but then, I tends to know how long the platform has been lunched and the number of participants so I would know the risk level I could be, then I learnt it is about a month launched with about 200+ participants.
Drastically, I feel they are not closed to hitting the scam (platform cashes) button yet because they have less number of participants with minimum of funds in the platform yet which determines the factorizations of them considering to hit the scam buttons.
Now, the platform is programed on daily interests accumulations which can be withdrawn on daily basis depended on individuals decisions.
I already invested $20 on two of my accounts which I have   also made a total of $26 in less than 3 days through the daily withdrawal methods and yet my daily interests keep accumulating and I am up to make more cashouts. Lol.
At this level, I hope if anything compromised maybe they finally hits on the scammed buttons I am of no lost but has profited. So, I awaits them to do their worse. 😆.

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.

Lol, I know that taking this risk and winning some profits might be making you feel like doing it more often.
But this risk is not worth it when you already know that the website is a scam and they can cashout any moment.
So there are good chances that you will be losing you funds if you are out of luck at some point of time.

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February 03, 2024, 12:58:16 PM
 #27

This doesn't look likes something that  can be trusted because my experience with ponzi schemes over the years is such that I wouldn't ever advice anyone to for any reason be associated with such because you may think you can be smarter but except you are lucky you may still  fall victim and still end up loosing out the way you never expected to so it's perfect to just avoid it totally but for those like you who may want to risk it it's adviced that you only risk that which you can afford to lose at a time and not to trust such too much.

Its even much better to gamble than ponzi investment because with gambling you still have chances of becoming Lucky but with ponzi they can take decisions at any time and your investment is gone.

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February 03, 2024, 12:58:42 PM
 #28

Gambling is actually played by people for fun, because a gambler knows there is a risk of profit and loss. Yet he freezes there to gamble. Gambling is usually when people become addicted to gambling.  Especially the rich have more greed and desire for this chuwa because they know how to earn as well as from loss. That is why rich people are most addicted to gambling and have fun playing it.

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February 03, 2024, 01:09:38 PM
 #29

You cant compare apple with orange,
Investing on a gambling site will never gain any profits in the short terms, need more time before the investors get something in returns.
While on ponzi, you will get profits in the short terms or even instant but it will scam you in the long terms.

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February 03, 2024, 01:19:22 PM
 #30

Every investment is a dance with uncertainty, and you're in the middle of it. I've done similar things, knowing that chasing prospective returns blurs the line between gambling and investing.

The Ponzi scheme insight is remarkable in your approach. I have experimented in high-risk, high-reward domains. Isnt time everything? Investing $20 and seeing it rise to $26 in days inspires greater investment. Being on a winning streak makes it hard to stop.

Despite this, I must remind myself and you that gambling should always be handled with prudence. It's great that you're gambling with what you can handle while avoiding emotional distress. In these environments, this perspective matters. Stay focused on earnings, but remember that the game is about fun, not results.

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February 03, 2024, 04:41:32 PM
 #31

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.

I think I am exploring in this gambling spaces of risk bearers. While being aware about the techniques in the Ponzi Schemes of attracting the audience to invest lower amount and earns higher, the Investors runs greedily out of their emotional controls and then Invest more than they could afford to loose just because they are attracted by the returns of interests.
Now I am one of the audience (investor) who accepted to face the risk too with my own technical contrast that if it works as thought it is assumed that I won but if it doesn't, then it is assumed that I was late and has lost it.
Now, introduced to an ongoing Ponzi Scheme which I got interest on but then, I tends to know how long the platform has been lunched and the number of participants so I would know the risk level I could be, then I learnt it is about a month launched with about 200+ participants.
Drastically, I feel they are not closed to hitting the scam (platform cashes) button yet because they have less number of participants with minimum of funds in the platform yet which determines the factorizations of them considering to hit the scam buttons.
Now, the platform is programed on daily interests accumulations which can be withdrawn on daily basis depended on individuals decisions.
I already invested $20 on two of my accounts which I have   also made a total of $26 in less than 3 days through the daily withdrawal methods and yet my daily interests keep accumulating and I am up to make more cashouts. Lol.
At this level, I hope if anything compromised maybe they finally hits on the scammed buttons I am of no lost but has profited. So, I awaits them to do their worse. 😆.

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.

Gambling can only be referred to an investment by the owners of casinos and different gambling firms, how will gambling be an investment, at least if it is an investment, the profit possibility should be high, for crying out loud this stuff is not potentially certain so how can it be seen an investment.
Though I can't doubt it that gambling has the potential of yielding income, but what extent, all bet being placed by gamblers are not sure, to me I cant see gambling as an investment, in some investment you are sure of profit no matter how small the profit is, but in gambling it isn't that way.

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February 03, 2024, 05:00:10 PM
 #32

What makes something an investment? The definition will create a barrier between the two because they're being misunderstood most of the time. Investment means there's a manageable risk wherein someone draws an assumption whether it would be profitable over time or years to pass. However with gambling, risk is present but not manageable to chances of winning but rather, with the amount you would bet so that's basically has something to do with managing potential loss; investment is with potential profit (most of the time). Being a gambler makes you an investor of this industry? I'd say more of a user 'coz you'd be the one to 'make' the profit and not the activity itself. Investments are things you will expect profit of by waiting over a period such as something which has value. Another misconception is with business. You could invest in your business but the investment in this instance could be people, tools or equipments, system, and the likes.

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February 03, 2024, 07:54:50 PM
 #33

Gambling can only be referred to an investment by the owners of casinos and different gambling firms, how will gambling be an investment, at least if it is an investment, the profit possibility should be high, for crying out loud this stuff is not potentially certain so how can it be seen an investment.
Though I can't doubt it that gambling has the potential of yielding income, but what extent, all bet being placed by gamblers are not sure, to me I cant see gambling as an investment, in some investment you are sure of profit no matter how small the profit is, but in gambling it isn't that way.
I always look at both gambling and investing because investing does not put my money at risk. There is no guarantee that I will get back the money I take out for gambling. Gambling can double the money again. There is a possibility of losing all the money. If I invest, my money will be very safe. Even if I lose money, some money will remain, but if I gamble, I will lose all the money.

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February 03, 2024, 08:08:43 PM
 #34

I think investing in ponzi scheme is pushing our luck while playing in gambling games is trying our luck.  Pushing our luck in the sense that we know that eventually the ponzi company will run away with our money but instead of avoiding it we invest in it trying to cash out before the company shows its true face being a scammer.

Trying our luck in gambling games simply means we never know whether we will win or not in gambling until the result of the wager is shown.  So yeah these two things involve risk but they are two different things.  Since investment expects a return, gambling depends on an unknown outcome.

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February 03, 2024, 08:35:56 PM
 #35

Ponzi schemes work by attracting investors by promising high and consistent levels of profit. The scheme owner will target investors and convince them to participate in investing and investing, and to attract investors, the owner will usually make big promises in the form of profits which are quite irrational and not in accordance with the legitimate investment market.

A Ponzi scheme is another form of attempted investment fraud in which funds from new investors are used to pay profits to existing investors, rather than actual business profits. This can create the illusion of profitability, while in fact the scheme is unsustainable and tends to collapse when there are not enough new investors to repay existing ones. So, if an investment is considered a Ponzi scheme, it indicates potential risk and unsustainability. And to protect the wealth you have, you should be careful and do thorough research before getting involved in investment.

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February 03, 2024, 09:12:35 PM
 #36

Though gambling and investments has similarities like both needs us to take risks but the thing is they are totally different. Gambling is based on luck while investment is like acquiring an asset in the hope of it generating profit.
If that's what you're talking about, everyone can probably accept it logically. Gambling and investing are almost the same if not done correctly, investment can be called gambling if it is not accompanied by sufficient knowledge, let alone simply following other people. Both have risks but also have advantages if you have a good strategy.

So what Op meant was investing in a Ponzi scheme, and Op was aware of it even though he was taking that risk. I mean Ponzi is still fraud so don't confuse it with gambling, let alone investment, because Ponzi is deliberately done to find greedy victims. You could say that gambling is about luck, investment is an asset for the future but Ponzi has neither, you just have to wait for your money to be taken or run away.

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Casdinyard
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February 03, 2024, 10:08:53 PM
 #37

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.

I think I am exploring in this gambling spaces of risk bearers. While being aware about the techniques in the Ponzi Schemes of attracting the audience to invest lower amount and earns higher, the Investors runs greedily out of their emotional controls and then Invest more than they could afford to loose just because they are attracted by the returns of interests.
Now I am one of the audience (investor) who accepted to face the risk too with my own technical contrast that if it works as thought it is assumed that I won but if it doesn't, then it is assumed that I was late and has lost it.
Now, introduced to an ongoing Ponzi Scheme which I got interest on but then, I tends to know how long the platform has been lunched and the number of participants so I would know the risk level I could be, then I learnt it is about a month launched with about 200+ participants.
Drastically, I feel they are not closed to hitting the scam (platform cashes) button yet because they have less number of participants with minimum of funds in the platform yet which determines the factorizations of them considering to hit the scam buttons.
Now, the platform is programed on daily interests accumulations which can be withdrawn on daily basis depended on individuals decisions.
I already invested $20 on two of my accounts which I have   also made a total of $26 in less than 3 days through the daily withdrawal methods and yet my daily interests keep accumulating and I am up to make more cashouts. Lol.
At this level, I hope if anything compromised maybe they finally hits on the scammed buttons I am of no lost but has profited. So, I awaits them to do their worse. 😆.

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.
Congratulations for earning handsome money through what you're doing and I hope you keep at it cause to me having a reliable passive income avenue's one of the best things you can give yourself. But let me just tell you straight that this is not considered investing.

For it to be considered as something along the lines of an investment, this has to be a somewhat generally reliable way for people to earn money, and I reckon not a lot of people like you are earning money through this method. So this alone disqualifies it from being considered an investment method. Plus what of the people who sees gambling as not a way to reliably earn money? I think it's only fair that they think so cause for the most part you can't really earn anything out of your gambling journey besides a few screws loose and probably a crippling debt if you're not careful. And the fact that this is a Ponzi scheme makes it even more exploitative as it literally depends upon the people who are under you for it to work. Soon as they realize that something's awry and the jig is up this system's gonna be toast. And what are you going to do by then?

Let's just put this to rest, you can't make money out of gambling, and if someone tells you they could and you should try it you're probably getting duped into becoming a bottomline for their ponzi scheme.

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February 03, 2024, 10:33:19 PM
 #38

Though gambling and investments has similarities like both needs us to take risks but the thing is they are totally different. Gambling is based on luck while investment is like acquiring an asset in the hope of it generating profit.
If that's what you're talking about, everyone can probably accept it logically. Gambling and investing are almost the same if not done correctly, investment can be called gambling if it is not accompanied by sufficient knowledge, let alone simply following other people. Both have risks but also have advantages if you have a good strategy.

So what Op meant was investing in a Ponzi scheme, and Op was aware of it even though he was taking that risk. I mean Ponzi is still fraud so don't confuse it with gambling, let alone investment, because Ponzi is deliberately done to find greedy victims. You could say that gambling is about luck, investment is an asset for the future but Ponzi has neither, you just have to wait for your money to be taken or run away.

You should be surprised on how many people are willing to participate in a Ponzi scheme (being fully aware it is a Ponzi) for the sake of profiting off the disgrace of others. Their game is to try to get as much interest as possible and get off the scam before it blows up, so they move to the next one using the money they won. To me, it is one of the biggest manifestations of greed and it is completely wrong.
Now, if we talk about gambling as a kind of investment, to me it does not make much sense to compare both of them, gambling is supposed to be about fun and amusement, investment is supposed to be about growing money in the long term, using traditional means.

Those who cannot tell the difference among those scams, investments and gambling are the first ones to run into trouble with their capital. The scammers count on people mixing Ponzi schemes with investments. It is one of the biggest reasons I believe gm financial education is supposed to be a subject in highschool at the bare minimum.

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February 03, 2024, 11:32:18 PM
 #39

Investment is different from gambling. Investment involves allocating money with the expectation of generating income over time. Investment involves the purchase of assets like stocks, bonds, and real estate to achieve long-term growth. With proper market analysis and information, investment can be reliable but then there is no reliability in gambling.

At every point in time, you can not guarantee the outcome of gambling and so there is no gain investing in gambling. Even with in-depth research, the outcome of gambling can not be known. This is because gambling decisions are driven by luck and not informed analysis. When we look at the Ponzi scheme it is a fraudulent investment but the earlier investors are paid to attract other investors and then it closes enriching the schemer.

Even though it is difficult to win in gambling, it is not fraudulent because when you wager and win you get paid, unlike a Ponzi scheme where after putting in the money you end up not getting value for your money.


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February 03, 2024, 11:54:06 PM
 #40

From what I am reading, you are not talking about investing in gamblers, or investing in the bankroll of casinos...but you are talking about platforms that are offering an investment, and which you know will eventually scam, to make a profit?

I think this might belong in the investor-based game section as yes in a way it is gambling, but it doesn't quite relate to casinos.

If the strategy is working for you then that is great...though it is dancing with the devil. You are at the mercy of the operator and those who invest as well, and I can only hope that everyone involved has the same mentality as you and that those who are participating are not falling victim to the scam.

OP, What is the platform saying about where investments are going? Is it stating that it's a gambling game, or something else?
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