Investment in gambling

[Dewi Aries]

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.

Yes, however and forever gambling can never be used as a place to invest like the general types of investment that we often see, it will never make sense, but yes on the other hand maybe I will agree with your opinion that we can bring investment into In other words, in this case, in the sense that gambling can indeed be used as an investment, but it is not about money, but entertainment and pleasure which are included in the category of feelings felt by a person.

On the other hand, yes, I also see it like that, many people get away from the main topic here, most of them think that gambling is the same as investing, or what it means is that putting money then betting on one of the games is the same as the process carried out in investing. This doesn't mean it's impossible to invest in gambling, but it doesn't mean by playing, but by investing in the casino by giving money to the casino which will be used as additional capital for the casino with a profit sharing agreement every time the casino makes a profit from its business.

[TelolettOm]

- 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.

What type of investment that people can do in playing gambling?  
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.

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.

If people can't have good self-control, it is true that gambling is just a place for wasting money. That's why only mature people are allowed to join gambling. People below 17 years old aren't allowed to join gambling because they have lack of self-control. They only spend money carelessly in casino sites because they can't control themselves and have lack of understanding about gambling purposes.

[nara1892]

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.

Of course, and this is why from the start a beginner really has to understand what and how gambling really is as I said before, in the sense of understanding that gambling can give you free money in a short time but also being aware that gambling can take your money. in any amount within a short period of time. By first understanding the actual concept of gambling, I am sure that you will not see anything interesting in gambling regarding results involving money.

You will say that this is an activity that is 50 - 50 between chance and risk, and this is why gambling is much more recommended to be used only as a place of entertainment without making winning a priority. That doesn't mean you won't win, but even if you win in the end, it's very possible for you to lose that amount again in the next session. Another thing, yes, that's right, as you said, so far I have never seen or heard of a gambler who succeeded in achieving success after they were involved in gambling, in fact what happened was the opposite, they actually experienced many setbacks in their lives, I would say that you will never be successful in gambling if you are nothing more than an ordinary player, unless you are a casino owner.

[KTChampions]

- 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.

What type of investment that people can do in playing gambling?  
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.

Theoretically, various abusers, in a sense, “invest” money in the casino because they do not plan to risk it but to make a profit through bonus hunting, arbitrage bets, etc. But probably taking into account the fact that such practices are prohibited almost everywhere and the risk of being caught by the security service is very high, this can also hardly be called an investment. But there is risk in any investment (especially in crypto coins haha), so in general everyone can evaluate their actions as they see fit.

[taufik123]

Theoretically, various abusers, in a sense, “invest” money in the casino because they do not plan to risk it but to make a profit through bonus hunting, arbitrage bets, etc. But probably taking into account the fact that such practices are prohibited almost everywhere and the risk of being caught by the security service is very high, this can also hardly be called an investment. But there is risk in any investment (especially in crypto coins haha), so in general everyone can evaluate their actions as they see fit.

Regarding how everyone evaluates their investments, gambling is a fairly high-risk place because of some of the rules that may be different and the regulations that may oppose the government.

But if they keep making "investments" just for bonus hunting, etc., it won't be comparable.
There are more and more profitable investment platforms with fairly good returns. Gambling in my opinion is a place of entertainment.

But if the way of investing is a little bit in the fox is by becoming an investor for an online casino or as a funder for an online casino company,
it will be a different investment, because it is not directly related to gambling activities, and it is about how to build the online casino behind the scenes.

[Frankolala]

- 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.

What type of investment that people can do in playing gambling?  
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.

Theoretically, various abusers, in a sense, “invest” money in the casino because they do not plan to risk it but to make a profit through bonus hunting, arbitrage bets, etc. But probably taking into account the fact that such practices are prohibited almost everywhere and the risk of being caught by the security service is very high, this can also hardly be called an investment. But there is risk in any investment (especially in crypto coins haha), so in general everyone can evaluate their actions as they see fit.

Any money that you put in the casino is not an investment but for entertainment purpose and that is why the casino entertain you with their games and you pay for it by losing. Invement is what generates profit regularly based on the how big that investment is but gambling is the opposite, it takes from you.

It is only luck that can make you and the amount of money that you will win is not up to half of what you have lost. Only few people are able to be lucky enough to hit the jackpot and made profit more than what they have lost to gambling. This is why I don't consider gambling to be an investment where the chance of winning is 50-50.

[KTChampions]

Theoretically, various abusers, in a sense, “invest” money in the casino because they do not plan to risk it but to make a profit through bonus hunting, arbitrage bets, etc. But probably taking into account the fact that such practices are prohibited almost everywhere and the risk of being caught by the security service is very high, this can also hardly be called an investment. But there is risk in any investment (especially in crypto coins haha), so in general everyone can evaluate their actions as they see fit.

Any money that you put in the casino is not an investment but for entertainment purpose and that is why the casino entertain you with their games and you pay for it by losing. Invement is what generates profit regularly based on the how big that investment is but gambling is the opposite, it takes from you.

It is only luck that can make you and the amount of money that you will win is not up to half of what you have lost. Only few people are able to be lucky enough to hit the jackpot and made profit more than what they have lost to gambling. This is why I don't consider gambling to be an investment where the chance of winning is 50-50.

Did you even read what I wrote? Bonus hunting, arbitrage betting and other techniques that allow you to get a guaranteed profit have nothing to do with luck. Maybe only in the sense of whether you will be caught or not (since in most casinos/bookmakers this is considered abuse), but experienced abusers manage these risks.
But, of course, these are exceptions/extreme cases, if we talk about normal algorithms, then a casino is not a place for investment, but a place for entertainment.

[uneng]

What type of investment that people can do in playing gambling?  
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.

Unfortunatelly there are some people who believe gambling can work as an investment, because they were told so by the propagandas they watch on social influencers' videos and social medias' posts. People learned gambling in a wrong way, and developed a wrong mindset towards this practice. In fact, gambling can't be considered an investment in anyways, neither as a high risk investment, because it's nothing more than a game of luck where results are decided by randomness. How could an investment be based on randomness?

When you invest in something, you do this through a logic and rationality that the good, product or service you are investing is going to get more valuable along the time because factors which can be measured and analyzed, instead of doing it blindly without any tangible calculations.

[promise444c5]

Unfortunatelly there are some people who believe gambling can work as an investment, because they were told so by the propagandas they watch on social influencers' videos and social medias' posts. People learned gambling in a wrong way, and developed a wrong mindset towards this practice. In fact, gambling can't be considered an investment in anyways, neither as a high risk investment, because it's nothing more than a game of luck where results are decided by randomness. How could an investment be based on randomness?

When you invest in something, you do this through a logic and rationality that the good, product or service you are investing is going to get more valuable along the time because factors which can be measured and analyzed, instead of doing it blindly without any tangible calculations.

well from another perspective, some people believe the  more they gamble the more they invest into gambling and one day they will possibly have the reward of their investment...many get addicted because if this thinking,that's why you won't see some taking breaks even to their last penny.
In term of luck i believe there's high percentage, however sport games prediction can eliminate lucks most times although they are bound to work with luck sometimes but NMW it still doesn't come close to taking it as investment, it's gambling on gambling which is complete stupidity IMO.

[Forsyth Jones]

What type of investment that people can do in playing gambling?  
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.

Unfortunatelly there are some people who believe gambling can work as an investment, because they were told so by the propagandas they watch on social influencers' videos and social medias' posts. People learned gambling in a wrong way, and developed a wrong mindset towards this practice. In fact, gambling can't be considered an investment in anyways, neither as a high risk investment, because it's nothing more than a game of luck where results are decided by randomness. How could an investment be based on randomness?

When you invest in something, you do this through a logic and rationality that the good, product or service you are investing is going to get more valuable along the time because factors which can be measured and analyzed, instead of doing it blindly without any tangible calculations.

People are often attracted to Instagram influencers who earn a fortune to promote a new gaming platform, where they are given a fake account where the influencer will always win. Unfortunately, this happens here in my country.

As for the OP, time is an investment, if you are investing your time in the betting market, you are betting that your time betting is worth more than investing your time in another activity.

[Popkon6]

Unfortunatelly there are some people who believe gambling can work as an investment, because they were told so by the propagandas they watch on social influencers' videos and social medias' posts. People learned gambling in a wrong way, and developed a wrong mindset towards this practice. In fact, gambling can't be considered an investment in anyways, neither as a high risk investment, because it's nothing more than a game of luck where results are decided by randomness. How could an investment be based on randomness?

When you invest in something, you do this through a logic and rationality that the good, product or service you are investing is going to get more valuable along the time because factors which can be measured and analyzed, instead of doing it blindly without any tangible calculations.

well from another perspective, some people believe the  more they gamble the more they invest into gambling and one day they will possibly have the reward of their investment...many get addicted because if this thinking,that's why you won't see some taking breaks even to their last penny.
In term of luck i believe there's high percentage, however sport games prediction can eliminate lucks most times although they are bound to work with luck sometimes but NMW it still doesn't come close to taking it as investment, it's gambling on gambling which is complete stupidity IMO.

It is especially foolish to do such a thing, because a person who is addicted to gambling will definitely face losses. Because gambling attracts people in such a way that every person suffers losses, in this case, I have seen that usually rich people enjoy gambling. But those who invest in gambling are more addicted, because only a gambling addict can do such a thing. So the more you gamble, the more you will become addicted to gambling, that's why you must follow the rules of gambling. A person who gambles three to four days a week will be less addicted, and less likely to experience gambling losses.

[Swordsoffreedom]

It is especially foolish to do such a thing, because a person who is addicted to gambling will definitely face losses. Because gambling attracts people in such a way that every person suffers losses, in this case, I have seen that usually rich people enjoy gambling. But those who invest in gambling are more addicted, because only a gambling addict can do such a thing. So the more you gamble, the more you will become addicted to gambling, that's why you must follow the rules of gambling. A person who gambles three to four days a week will be less addicted, and less likely to experience gambling losses.

Addiction to anything, not just gambling, is bad for us at the end of the day. So we should try to keep ourselves away from any addiction. When we become addicted to gambling, we can lose everything.

I don't think gambling is bad for people who have lots of money. Because even if they lose money in gambling, they can profit from some other place. They have that capability and competence. Even these people are rarely addicted to gambling. They don't even aim to make a lot of money from gambling. So I don't think gambling is harmful for the rich unless they go beyond the limits.

Gambling addiction is harmful for people like me who have limited weekly income. If I spend a large amount of money on gambling then its negative effects can be seen in my daily life. So I spend a fixed amount on gambling. Even if I lose I don't spend that much money on gambling.

[Hirose UK]

- 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.

What type of investment that people can do in playing gambling?  
When people deposit their money in casino account, it shouldn't be for investment or saving purposes. They must use the money for playing gambling games. If people really want to use their money for saving or investment, they will prefer other things. People mostly store money for saving in bank accounts. But if they want to invest, they probably buy gold, lands, property, or crypto coins.

Theoretically, various abusers, in a sense, “invest” money in the casino because they do not plan to risk it but to make a profit through bonus hunting, arbitrage bets, etc. But probably taking into account the fact that such practices are prohibited almost everywhere and the risk of being caught by the security service is very high, this can also hardly be called an investment. But there is risk in any investment (especially in crypto coins haha), so in general everyone can evaluate their actions as they see fit.

You are right and that is mistake that many gamblers make, they take risks that are actually much greater than just investing or gambling because what they do is form of prohibition that almost all places have.
This is really unfortunate, they gamblers try to make money with the expectation that it can be much easier but take the wrong steps, but that is choice and they must know what the consequences of their actions are so that when it becomes problem they have to solve it.

So far everything will have its own risks, we can minimize it but we will not be able to prevent it because whatever we do there must be high price to be accepted, it just that person mindset sometimes cannot go this far in evaluating every activity.

[adultcrypto]

I don't think gambling is bad for people who have lots of money. Because even if they lose money in gambling, they can profit from some other place. They have that capability and competence. Even these people are rarely addicted to gambling. They don't even aim to make a lot of money from gambling. So I don't think gambling is harmful for the rich unless they go beyond the limits.

Gambling is not bad for anyone, it is how you go about the gambling that can harm an individual. It is like the case of drugs which is meant to make the body better but how one uses it can turn out to be abuse. If you go about gambling the right way, irrespective of your level of finances, it will not harm you but if you adopt the wrong approach, even though you are rich, it will damage your finances. Those who have lots of money will gamble with lots of money and also lose lots of money. But when the right discipline is applied, then the amount to use for gambling can then be controlled.

[Iranus]

Theoretically, various abusers, in a sense, “invest” money in the casino because they do not plan to risk it but to make a profit through bonus hunting, arbitrage bets, etc. But probably taking into account the fact that such practices are prohibited almost everywhere and the risk of being caught by the security service is very high, this can also hardly be called an investment. But there is risk in any investment (especially in crypto coins haha), so in general everyone can evaluate their actions as they see fit.

Any money that you put in the casino is not an investment but for entertainment purpose and that is why the casino entertain you with their games and you pay for it by losing. Invement is what generates profit regularly based on the how big that investment is but gambling is the opposite, it takes from you.

It is only luck that can make you and the amount of money that you will win is not up to half of what you have lost. Only few people are able to be lucky enough to hit the jackpot and made profit more than what they have lost to gambling. This is why I don't consider gambling to be an investment where the chance of winning is 50-50.

I have not seen anyone who has been able to get rich sustainably through gambling but I have seen many people get rich through investing and they have also been able to maintain their wealth through investing. Not to mention, many people have lost their homes, families or fallen into deadlock in life because they think gambling is an investment. They do not notice that the odds of winning in gambling are 50-50 and rely on luck, while the odds of winning or losing in investing will change if they have enough knowledge and experience. So, I agree with you that it would be a serious mistake to think that gambling is investing.

A more realistic example: have we ever seen someone become rich or become a millionaire through gambling, is there any such story? But there are millions of stories about someone becoming rich through investing.

[danherbias07]

I have not seen anyone who has been able to get rich sustainably through gambling but I have seen many people get rich through investing and they have also been able to maintain their wealth through investing. Not to mention, many people have lost their homes, families or fallen into deadlock in life because they think gambling is an investment. They do not notice that the odds of winning in gambling are 50-50 and rely on luck, while the odds of winning or losing in investing will change if they have enough knowledge and experience. So, I agree with you that it would be a serious mistake to think that gambling is investing.

A more realistic example: have we ever seen someone become rich or become a millionaire through gambling, is there any such story? But there are millions of stories about someone becoming rich through investing.

Yes, that's true. Those who do not gamble but have put their money by investing in a gambling site are the most profitable of all. I remember Yolodice, I rarely gamble there but every time I can grab some cryptocurrencies through signature campaigns, I will deposit it there so that my investment will go higher and I can collect higher rewards through their investment feature.
I know a lot of old-school members here have also tried it and it was a reputable gambling site that offered such great service. Even before they closed down they even offered a time limit (30 days, IIRC) for everyone to withdraw their funds so that none will be left on their website. I respect Ethan for doing such a thing until the end.
How I wish we could find more services as good as what he did.

[ethereumhunter]

I don't think gambling is bad for people who have lots of money. Because even if they lose money in gambling, they can profit from some other place. They have that capability and competence. Even these people are rarely addicted to gambling. They don't even aim to make a lot of money from gambling. So I don't think gambling is harmful for the rich unless they go beyond the limits.

Gambling is not bad for anyone, it is how you go about the gambling that can harm an individual. It is like the case of drugs which is meant to make the body better but how one uses it can turn out to be abuse. If you go about gambling the right way, irrespective of your level of finances, it will not harm you but if you adopt the wrong approach, even though you are rich, it will damage your finances. Those who have lots of money will gamble with lots of money and also lose lots of money. But when the right discipline is applied, then the amount to use for gambling can then be controlled.

Yes, gambling is not bad for anyone but it is how they look gambling as a place to make money. That is wrong thinks because gambling will not lets you make money easily. Even if they use an investment side that available on the casino, that doesn't mean you can make money from gambling. But gambling itself is not investment because we use money to wins some money while investment is we use the money to be hold for a while and we can gets some return for some term.

But if they use an investment without thinks or search for more information, that will be gambling and they can lose all of their money without getting a return. You don't invest your money in gambling but you use it with the hope to make money and that will not be a bad idea if you can't control yourself when playing gambling.

[Litzki1990]

Investing is not gambling. In fact, if we invest carelessly, it is usually called gambling, but not in the true sense but only as a parable. Gambling is a game that involves risking money or something that has value and in reality it is very different from investment, and a ponzi scheme is a fraudulent motive that is usually affiliated with an investment motive, and I do not call it gambling but investment fraud

I never try to deliberately invest in something that will most likely be a scam in the future, but because you are ready for the risk and have good analysis before investing, then this is not a problem. But I like your way of managing risk

Gambling and investing are two different things so there is no chance to mix these two together. Where you will invest but your entire investment will not depend on luck but the idea of investment comes from having enough ideas and skills in the subject you are investing in. Investing has the potential to make gains and losses, but investors who invest always expect something good to happen. Let's say I have enough knowledge about Bitcoin and if I use this knowledge to invest in Bitcoin, the investment results will likely come in my favor, but if I invest in a coin that I have no idea about, I will have less chance of success. 

Gambling on the other hand is one of the riskiest of all activities as all your money can be lost in an instant. Many people gamble at home just for fun and there are some gamblers who become addicted to gambling. Those who become addicted to gambling have a very bad future but in investing there is no chance of becoming addicted. 
So it can definitely be said that gambling and investing are two different things

[Jody.Drummer]

Any money that you put in the casino is not an investment but for entertainment purpose and that is why the casino entertain you with their games and you pay for it by losing. Invement is what generates profit regularly based on the how big that investment is but gambling is the opposite, it takes from you.

It is only luck that can make you and the amount of money that you will win is not up to half of what you have lost. Only few people are able to be lucky enough to hit the jackpot and made profit more than what they have lost to gambling. This is why I don't consider gambling to be an investment where the chance of winning is 50-50.

I have not seen anyone who has been able to get rich sustainably through gambling but I have seen many people get rich through investing and they have also been able to maintain their wealth through investing. Not to mention, many people have lost their homes, families or fallen into deadlock in life because they think gambling is an investment. They do not notice that the odds of winning in gambling are 50-50 and rely on luck, while the odds of winning or losing in investing will change if they have enough knowledge and experience. So, I agree with you that it would be a serious mistake to think that gambling is investing.

A more realistic example: have we ever seen someone become rich or become a millionaire through gambling, is there any such story? But there are millions of stories about someone becoming rich through investing.

Yes, and I'm sure it will never happen, or I mean there will never be anyone who has managed to gain wealth just by gambling, unless they are a bookie who owns a casino itself, but if they are nothing more than ordinary players then I think it makes no sense that gambling can bring them financial freedom. If we understand the facts and concepts of gambling then I think we certainly will not believe in the idea, because there is no element of consistency to always be able to win, and it has been proven that the victory only happens by chance, meaning there is no success in the long term, because when you don't win it means you lose or lose money.

Investment and gambling are different things, investment has clarity about where the money we allocate is going to make a profit, meaning investment is an activity that is indeed risky but also clearly has real benefits because everything is transparent, while gambling is a game of chance, there is no explanation of why you win or why you lose, so we assume that gambling is a matter of luck.

[Mr. Magkaisa]

Unfortunatelly there are some people who believe gambling can work as an investment, because they were told so by the propagandas they watch on social influencers' videos and social medias' posts. People learned gambling in a wrong way, and developed a wrong mindset towards this practice. In fact, gambling can't be considered an investment in anyways, neither as a high risk investment, because it's nothing more than a game of luck where results are decided by randomness. How could an investment be based on randomness?

When you invest in something, you do this through a logic and rationality that the good, product or service you are investing is going to get more valuable along the time because factors which can be measured and analyzed, instead of doing it blindly without any tangible calculations.

well from another perspective, some people believe the  more they gamble the more they invest into gambling and one day they will possibly have the reward of their investment...many get addicted because if this thinking,that's why you won't see some taking breaks even to their last penny.
In term of luck i believe there's high percentage, however sport games prediction can eliminate lucks most times although they are bound to work with luck sometimes but NMW it still doesn't come close to taking it as investment, it's gambling on gambling which is complete stupidity IMO.

     -     Maybe it's because others think that when they deposit in any casino here in crypto gambling, it can be considered an investment, which is not how depositing in gambling is always designed.

Because gambling is indeed a form of luck-dependent investment, and others can invest happiness through gambling, this is the only way I see it from a different angle.