wiss19
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 16, 2024, 12:44:04 PM |
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I don't classify gambling as any means of investment. Just as you say gambling is like a means of one doubling his money which comes with risk of one winning or losing. But gambling doesn't actually means that one will always lose all his money , the money that's always at risk in gambling is the money that's being staked. So is only a irresponsible gambling that will always go all in. With his hard earn funds. Due to greed of wanting to hit a huge jackpot, but still gambling is not an investment so whenever stake your money be ready for anything, either you win or you lose.
I don't know if some people don't understand and think that gambling can be called or considered a sort of investment but it's not, however, some casinos do allow us to make investments with them in their bankrolls, probably, and they give us a small percentage of the profits to us. This is how it used to work in the past, nowadays, some casinos offer investments as well and you get a specific APY for your investment, Blackjack.fun is one of such casinos available right now in the market. However, the APY might not be very high, and most people these days want to earn a lot of money with what they have which is the reason why most people are getting into cryptocurrencies these days because they believe they can earn a lot of money from cryptocurrency investments.
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DaNNy001
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July 20, 2024, 11:22:59 PM |
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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.
Investing and gambling, I think these two words shouldn't be used together cause an investment is something that's guaranteed to give you profit in a short or long term, it depends on what you are investing in Gambling on the other hand is a game of probability, no matter how sure the odds are anything can go wrong and distabilize your entire plan.. there's no strategy that can always put you in profit in gambling, if you are a constant player you are definitely going to win and lose But some people have a lot of losing streaks than winnings. It's better to invest in a physical business that you can monitor by yourself than fixating all into gambling
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pawel7777
Legendary
Offline
Activity: 2548
Merit: 1619
Up to 300% + 200 FS deposit bonuses
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2024, 07:59:36 AM |
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Investing and gambling, I think these two words shouldn't be used together cause an investment is something that's guaranteed to give you profit in a short or long term,(...)
I agree, with the exception of the "guaranteed" part. All investments bear some risks, therefore nothing ever is guaranteed. We live in times when obfuscating definitions and twisting the meaning of long-established terms have become very common. So maybe it's worth to remind all what investing actually means. Definition by google: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F07%2F21%2F4sS82.png&t=665&c=8M_UM968AzqQ3g) So yeah, gambling has an expectation of a loss not profit (for any reasonable person) so it should not fall under the definition of investing.
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m2017
Legendary
Offline
Activity: 1918
Merit: 1385
Crypto Casino and Sportsbook
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2024, 08:11:59 AM |
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Investing and gambling, I think these two words shouldn't be used together cause an investment is something that's guaranteed to give you profit in a short or long term, it depends on what you are investing in
There is only one thing in common between investing and gambling: in both cases you risk your money. I don't presume to judge where exactly the risks are higher, but in both cases there is no guarantee of profit. Gambling on the other hand is a game of probability, no matter how sure the odds are anything can go wrong and distabilize your entire plan..
The chances are initially very low, otherwise no one would organize a casino. Could anything go wrong? You'll just lose all your money, that's all. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) there's no strategy that can always put you in profit in gambling, if you are a constant player you are definitely going to win and lose
There is one strategy that guarantees making a profit in a casino - this is to become the owner of the casino. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But some people have a lot of losing streaks than winnings.
I would say that this is the case for most. It's better to invest in a physical business that you can monitor by yourself than fixating all into gambling
This will probably not be suitable for everyone, while gambling is accessible to almost everyone, from teenagers and children to the elderly.
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Mr. Magkaisa
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July 21, 2024, 09:09:15 AM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
Others have said that playing gambling is a place where money will be filled and a place that will only waste money that we want to lose in gambling.
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Dr.Bitcoin_Strange
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2024, 06:57:47 PM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
Others have said that playing gambling is a place where money will be filled and a place that will only waste money that we want to lose in gambling.
Personally, I don't agree that gambling is any form of investment or can be seen as a means of making an investment. If I should ask, will you consider an activity where you are not sure if you will make profit or lose as an investment, or will you take an asset that assures you of a particular profit as an investment? An investment should be some kind of asset that assures you of a certain profit after the agreed-upon duration of time. For example, when we invest in Bitcoin and expect to make a certain profit if the price surges to the expected price, But gambling is not such an asset.
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khiholangkang
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 21, 2024, 07:05:54 PM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
Others have said that playing gambling is a place where money will be filled and a place that will only waste money that we want to lose in gambling.
Personally, I don't agree that gambling is any form of investment or can be seen as a means of making an investment. If I should ask, will you consider an activity where you are not sure if you will make profit or lose as an investment, or will you take an asset that assures you of a particular profit as an investment? An investment should be some kind of asset that assures you of a certain profit after the agreed-upon duration of time. For example, when we invest in Bitcoin and expect to make a certain profit if the price surges to the expected price, But gambling is not such an asset. There is no equation between investment and gambling, everything can be if he calls it literally I think it's not right at all, considering the definition of these two fields is very different, I agree more with you that speaking of investment then there needs to be a real or written guarantee that can be agreed upon and considered the risks and benefits in the long run so that it can be made into a valuable asset for the growth of our money in the future. Gambling or casino is not an asset for a gambler it is just a place to play and spend money, where we will only have fun or do gambling because of addiction or trying to get a small percentage of the probability of winning.
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EluguHcman (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 09:28:28 AM |
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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.
Investing and gambling, I think these two words shouldn't be used together cause an investment is something that's guaranteed to give you profit in a short or long term, it depends on what you are investing in Gambling on the other hand is a game of probability, no matter how sure the odds are anything can go wrong and distabilize your entire plan.. there's no strategy that can always put you in profit in gambling, if you are a constant player you are definitely going to win and lose But some people have a lot of losing streaks than winnings. It's better to invest in a physical business that you can monitor by yourself than fixating all into gambling That is one to be considered a fact. Instead of associating gambling to investment, it should be better to say "gambling for profits" which is widely accepted that one could be lucky or unlucky to loose or profit in gambling on the process of gaming. While investment is specifically on the purposes of making profits and funding on potential facilities specifically aimed to make profits. And taking gambling as a facility to Invest your funds on is literally an ignorant to denote that there is no strategies to gamble that would guarantee your winning but investing under strategic control such as conventional or online investment would always give those protocols to make your profits or minimizes your losts which is being disassociated in-between a game of chance to win.
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Weawant
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 10:30:19 AM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
Others have said that playing gambling is a place where money will be filled and a place that will only waste money that we want to lose in gambling.
Lets always try to understand that in discussions like this, our points cannot be completely true and so we should bring in that sense of relativity at some point into it. You cannot be saying for a fact completely that gambling is a form of investment meanwhile we know to a very great extent that this is a game of luck most of the times, I mean if you consider the complete concept of gambling, then you will agree with me that a literally and well considered investment is far from gambling, the original purpose of gambling is and has always been entertaining until when people started looking for an opportunity in it and decided to start making it look like an actual place where they can earn and to the point where others now see it as investment opportunities.
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Dr.Bitcoin_Strange
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 12:12:25 PM |
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Gambling or casino is not an asset for a gambler it is just a place to play and spend money, where we will only have fun or do gambling because of addiction or trying to get a small percentage of the probability of winning.
like you said, normally, gambling is supposed to be an activity of fun where the gambler can just spend their leisure time, have fun, ease off their boredom, and also hope for a chance of winning, but unfortunately, so many gamblers are not seeing gambling in this aspect. Some of them are seeing it as a part that can lead them to success. Although everyone has a choice for what they want, as long as one can bear the consequences of their actions, then it's fine.
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nara1892
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 12:39:26 PM |
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Gambling or casino is not an asset for a gambler it is just a place to play and spend money, where we will only have fun or do gambling because of addiction or trying to get a small percentage of the probability of winning.
like you said, normally, gambling is supposed to be an activity of fun where the gambler can just spend their leisure time, have fun, ease off their boredom, and also hope for a chance of winning, but unfortunately, so many gamblers are not seeing gambling in this aspect. Some of them are seeing it as a part that can lead them to success. Although everyone has a choice for what they want, as long as one can bear the consequences of their actions, then it's fine. Yes, that's right, most of them misunderstand what and how gambling actually is, and I'm sure that all of this happens due to the opportunities to win that casinos provide to every gambler so that the majority of them always try to chase wins by multiplying the money they bring in, so they ignore other aspects which are also facts in gambling, such as the consequences of risk, and they do not understand that winning in gambling always depends on luck, which means they will never be able to win if luck does not come at the right time. The worst thing is that there are also some of them who assume that gambling is an alternative to changing life situations, and of course that is a very wrong mindset in dealing with gambling. And yes, I also understand that everyone has their own choice for whatever they want, it doesn't matter if they can bear all the consequences, but in most cases they are often losers who only want to win but don't want to lose.
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GxSTxV
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 01:01:31 PM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
Others have said that playing gambling is a place where money will be filled and a place that will only waste money that we want to lose in gambling.
For me, investment and gambling are totally two different concepts. I believe these terms exist for good reason. For instance, you wouldn't typically ask someone, "Are you going to invest in this match today?" Instead, you would ask this: "Are you going to gamble on this match today?" Investment can be highly profitable in the long term across various fields, not just in crypto or banks. Lets take for example having $10k and using it to build a farm with animals destined for meat production and selling it. This is a better option than risking it all in a casino and gambling until losing everything which means it is different. The other difference between gambling and investing is when it comes to predictability of outcomes. In gambling, you are well aware that the odds of doubling your money are typically low, and there is a house edge for the casino to win always. Additionally, good investment can be set with a careful planning and analysis to improve the returns over time. Unlike gambling, where outcomes are so unpredictable and controlled by house edge, while investing allows you to create a strategy and risk management based on your analysis.
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boyptc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 01:37:56 PM Last edit: July 22, 2024, 02:45:21 PM by boyptc |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
It's not true. Gambling and investing are different. Actual gambling shouldn't be considered as gambling and many are doing that. Although casinos offer something for gamblers to invest. It's either with their bankroll or with the token that they have for which its value relies on the performance of its own market and the casino itself that gives incentives to its investors too.
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Dickiy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 01:39:25 PM |
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Gambling or casino is not an asset for a gambler it is just a place to play and spend money, where we will only have fun or do gambling because of addiction or trying to get a small percentage of the probability of winning.
like you said, normally, gambling is supposed to be an activity of fun where the gambler can just spend their leisure time, have fun, ease off their boredom, and also hope for a chance of winning, but unfortunately, so many gamblers are not seeing gambling in this aspect. Some of them are seeing it as a part that can lead them to success. Although everyone has a choice for what they want, as long as one can bear the consequences of their actions, then it's fine. That's how it should be, we have to treat gambling as mere entertainment, not a place to make money or consider gambling as a job, and yes, most people or gamblers don't really consider things like that, most of them are the opposite, they depend on gambling for their living and not realizing the risks they will take, gambling will not only end in victory, there is a luck factor that occurs from gambling activities, it cannot be denied that people who think gambling is the way to success are gamblers who will not accept defeat from their gambling activities Yes, I understand that it is their choice and when someone has chosen this and believes in what they are doing and can bear all the risks they will take, there is no problem as long as it doesn't harm the people around them.
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khiholangkang
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 01:47:05 PM |
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Gambling or casino is not an asset for a gambler it is just a place to play and spend money, where we will only have fun or do gambling because of addiction or trying to get a small percentage of the probability of winning.
like you said, normally, gambling is supposed to be an activity of fun where the gambler can just spend their leisure time, have fun, ease off their boredom, and also hope for a chance of winning, but unfortunately, so many gamblers are not seeing gambling in this aspect. Some of them are seeing it as a part that can lead them to success. Although everyone has a choice for what they want, as long as one can bear the consequences of their actions, then it's fine. Yes, that's right, most of them misunderstand what and how gambling actually is, and I'm sure that all of this happens due to the opportunities to win that casinos provide to every gambler so that the majority of them always try to chase wins by multiplying the money they bring in, so they ignore other aspects which are also facts in gambling, such as the consequences of risk, and they do not understand that winning in gambling always depends on luck, which means they will never be able to win if luck does not come at the right time. The worst thing is that there are also some of them who assume that gambling is an alternative to changing life situations, and of course that is a very wrong mindset in dealing with gambling. And yes, I also understand that everyone has their own choice for whatever they want, it doesn't matter if they can bear all the consequences, but in most cases they are often losers who only want to win but don't want to lose. And that is the real danger that everyone who has that mindset can be very bad at gambling, yes I don't blame everyone for having a different mindset about gambling, but if it is made an investment place, a place to change lives, a place to achieve success it is excessive thinking, thinking based on gambling gives gamblers a chance to win does not mean that it will bring someone to become a successful person and can live well in this world from gambling. We just see that no gambler is rich and successful in his life, unless he has another business out there that makes him rich. It is very unfortunate. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Fivestar4everMVP
Legendary
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Activity: 2366
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Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 01:48:44 PM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
It's not true. Gambling and investing are different. Actual gambling isn't shouldn't be considered as gambling and many are doing that. Although casinos offer something for gamblers to invest. It's either with their bankroll or with the token that they have for which its value relies on the performance of its own market and the casino itself that gives incentives to its investors too. Well, literally, you are right, investment or investing have nothing to do with gambling, it is absolutely wrong to consider or see gambling as an investment, anybody confused about the difference between the two should please hop on to Google search or pick up their dictionary and search or find out the difference between gambling and investing , this two have no relation regardless of the fact that some online gambling casinos often times will provide an investment opportunity to their players within and inside the casino platform which still, that is separately different from gambling. Investing can turn out to be a reliable source of income, coupled with the fact that it carries less risk, but gambling on the other hand is not a viable and reliable source of income due to its very high risk.
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Beparanf
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 01:58:05 PM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
It's not true. Gambling and investing are different. Actual gambling isn't shouldn't be considered as gambling and many are doing that. Although casinos offer something for gamblers to invest.It's either with their bankroll or with the token that they have for which its value relies on the performance of its own market and the casino itself that gives incentives to its investors too. The bolded is confusing to the thought you are trying to convey here on the post you replied. You’re right that gambling is never be considered as investment in terms of financial way but it can be considered as different type of investment such as entertainment since a gambler can feel good by playing it properly. Also the flaw of discussion here gone sideways already since the main topic here is investment offered by the casino on their bankroll and not the other type of investment related on playing gambling itself.
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Odusko
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 22, 2024, 02:03:12 PM |
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Gambling is a game of chance and it wrong to ever consider gambling as an investment, for goodness sake, gambling should be taken for what it is which is fun and not a get rich quick scheme as many people have taken gambling, one of the mistakes many people make this days is to see gambling as ways to make money, seeing it an an investment, because I have a friend sometimes ago who can go to any Lent just to get money to gamble with, and his conviction is that he will win big amount from his games, he is so certain to the point that he can promise you an interest on your money if you borrow him the money to stake a bet with, but at the end he is always disappointed and at a point I was pushed to let him know that he is already addicted to Gambling but he won't accept that obvious fact because he believes he is making money out of his gambling and sees it as an investment anytime he make a bet on a game.
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boyptc
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July 22, 2024, 02:47:57 PM |
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- Well, literally speaking, it's true that playing gambling can be considered an investment. That's why it's a type of investment that has a high chance that only what we deposit in the casino will be resolved; most of the time, our money will only go to the casino platform.
It's not true. Gambling and investing are different. Actual gambling isn't shouldn't be considered as gambling and many are doing that. Although casinos offer something for gamblers to invest.It's either with their bankroll or with the token that they have for which its value relies on the performance of its own market and the casino itself that gives incentives to its investors too. The bolded is confusing to the thought you are trying to convey here on the post you replied. You’re right that gambling is never be considered as investment in terms of financial way but it can be considered as different type of investment such as entertainment since a gambler can feel good by playing it properly. Also the flaw of discussion here gone sideways already since the main topic here is investment offered by the casino on their bankroll and not the other type of investment related on playing gambling itself. I have removed the "isn't" pardon me with that. Thank you. Many fall to that fallacy and justifying their addiction when they treat gambling itself as an investment. Well, literally, you are right, investment or investing have nothing to do with gambling, it is absolutely wrong to consider or see gambling as an investment, anybody confused about the difference between the two should please hop on to Google search or pick up their dictionary and search or find out the difference between gambling and investing , this two have no relation regardless of the fact that some online gambling casinos often times will provide an investment opportunity to their players within and inside the casino platform which still, that is separately different from gambling.
Investing can turn out to be a reliable source of income, coupled with the fact that it carries less risk, but gambling on the other hand is not a viable and reliable source of income due to its very high risk.
The logic goes to the part of taking risk, both does but they have completely different approach towards that.
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KTChampions
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July 22, 2024, 03:01:26 PM |
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Investing and gambling, I think these two words shouldn't be used together cause an investment is something that's guaranteed to give you profit in a short or long term,(...)
I agree, with the exception of the "guaranteed" part. All investments bear some risks, therefore nothing ever is guaranteed. We live in times when obfuscating definitions and twisting the meaning of long-established terms have become very common. So maybe it's worth to remind all what investing actually means. Definition by google: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F07%2F21%2F4sS82.png&t=665&c=8M_UM968AzqQ3g) So yeah, gambling has an expectation of a loss not profit (for any reasonable person) so it should not fall under the definition of investing. If we replace the word gambling with any other word that means a form of leisure/entertainment, it will sound more comical. Like: investing in bar crawling ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The only difference is that some people actually believe that gambling can systematically bring profits, or because people confuse investing in a casino with “investing” in gambling.
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