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Author Topic: Gambling and Betting. Why the Distinction?  (Read 1651 times)
nimogsm
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October 28, 2024, 04:36:56 PM
 #141

Betting is very different from gambling in the eyes of the state. Although I think that in essence they are the same. In many countries gambling is prohibited, but betting is not, and this is strange. Because both of these activities are addictive. And it does not matter that in one case it is a game and in the other a sport. In both cases, chance is very important, and it has the final say in any game and any match. But for some reason in Prime Time I see betting ads, and at the same time I read about new tightening of laws for organizing casinos.
because bookmakers are easier to control and this category of bets has been around for centuries. Today, gambling and betting are side by side on one site, you can find everything from slot machines to ping pong bets. In my country, bets are freer than types of gambling, they are controlled more closely and licensed accordingly, so not everything. Much depends on who is the beneficiary of the gaming site.

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October 28, 2024, 04:48:59 PM
 #142

~
Yeah, the difference is between what you're placing your money on. Betting is on events, gambling is on, well, idk, randomness? I mean you can say that a dice rolling is an "event", but in this context the "dice" is just a medium. You're more on placing your money on the random factor more than anything really, unlike the event in betting where it's literally an event outside of randomness. An event that has the result dependent on something or someone.
because bookmakers are easier to control and this category of bets has been around for centuries. Today, gambling and betting are side by side on one site, you can find everything from slot machines to ping pong bets. In my country, bets are freer than types of gambling, they are controlled more closely and licensed accordingly, so not everything. Much depends on who is the beneficiary of the gaming site.
Isn't it because sports in general is part of the culture of the country? Hence why betting isn't exactly banned. At least that's how I'd take it from countries that don't ban them. Still confused why they just don't regulate both honestly.
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October 28, 2024, 05:22:35 PM
 #143

If viewed from that perspective, the words gambling and betting are indeed different. As OP said, I agree that betting is more about sports and gambling is more about casinos, but from both of these things there are strong similarities, namely the losses and profits that can occur and be obtained by each of us who do it, whether it's gambling or betting. With sports betting itself, many do it with other intentions, such as betting on a team that they really support, unlike gambling where there are various kinds of games while we can try our luck not only in one game, whether this is the same or not, but I myself am different.
In fact, in my opinion, the word bet is in the word gambling, so these two things are different from the reading sentence but have meanings and meanings that are not much different, even almost exactly the same. Because I think there is no big or strong difference between these two things, the difference is only in how to do it.
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October 28, 2024, 05:31:27 PM
 #144

I don't know where it came with the discussions about the comparison of these two. Why there's a distinction when they're just the same for the most of the gamblers? No sense at all if there will be arguments trying to prove each point from siding with any of them or by simply telling that there's still a difference of it. What are we going to get if that's the case? Time after time, the words are having common meaning with how people use it with expressions and actions.

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October 28, 2024, 06:53:11 PM
 #145

If viewed from that perspective, the words gambling and betting are indeed different. As OP said, I agree that betting is more about sports and gambling is more about casinos, but from both of these things there are strong similarities, namely the losses and profits that can occur and be obtained by each of us who do it, whether it's gambling or betting. With sports betting itself, many do it with other intentions, such as betting on a team that they really support, unlike gambling where there are various kinds of games while we can try our luck not only in one game, whether this is the same or not, but I myself am different.
In fact, in my opinion, the word bet is in the word gambling, so these two things are different from the reading sentence but have meanings and meanings that are not much different, even almost exactly the same. Because I think there is no big or strong difference between these two things, the difference is only in how to do it.


The gambling had the betting in it,the gambling games had many betting games.So betting is the amount of money he is betting in the particular game.If the gambling is made with the certain dollars,we will analyse the game result at the end of money holding by the gambling.This money is the remaining money after he made many bets in the game.So the bets may give the gamblers more money or loss of money he used in the gambling site.If the betting give the gamblers some money winning,he should learn to withdraw the money immediately.Else the gamblers will loss the full funds in reverse algorithm of the gambling.

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October 28, 2024, 07:00:07 PM
 #146

because bookmakers are easier to control and this category of bets has been around for centuries. Today, gambling and betting are side by side on one site, you can find everything from slot machines to ping pong bets. In my country, bets are freer than types of gambling, they are controlled more closely and licensed accordingly, so not everything. Much depends on who is the beneficiary of the gaming site.
There are many bookmakers who practice betting that can be controlled so that they will get greater profits.
But I don't really differentiate between the two because they are both in one gambling site.

Maybe I prefer to play slot and domino gambling games and like some soccer stuff.
Whether it's different or not, I play both, but it will still depend on luck.

If your country has free regulations for casinos, it will be your chance to play well enough and of course the casinos that are under government supervision will be audited well enough so that there is no cheating.

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October 28, 2024, 07:54:02 PM
 #147

You can place bets on both sportsbook and casino sites, but the difference between them is very profound. In a casino, long-term profitable players are basically impossible. If, of course, we are talking about games that are completely based on luck, in which no analysis is possible - these are games like roulette or dice or slot machines. Sometimes casinos host card game tournaments - long-term profitable players can exist there. As for sports betting, there are enough people there who can make a profit in the long term. In general, I would not use the term "sports betting". It is more correct to write about "betting".

I have read that bookmakers do not take kindly to successful players who try to win consistently over a long period of time.

There are people who are very knowledgeable about the intricacies of sports competitions. They try to monetize their knowledge. Sports betting at a bookmaker seems like a great opportunity.

However, bookmakers track players who are successful in the long term and change the rules of the game (to minimize the winnings of such successful players).

Based on this, I am quite skeptical about winning in such gambling over a long period of time.

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October 28, 2024, 08:31:48 PM
 #148

Betting is very different from gambling in the eyes of the state. Although I think that in essence they are the same. In many countries gambling is prohibited, but betting is not, and this is strange. Because both of these activities are addictive. And it does not matter that in one case it is a game and in the other a sport. In both cases, chance is very important, and it has the final say in any game and any match. But for some reason in Prime Time I see betting ads, and at the same time I read about new tightening of laws for organizing casinos.
In my opinion, “Betting” and “gambling” are two completely different concepts. These two concepts should not be confused. Betting is not illegal. Betting always has very specific rules while gambling is not regulated by anyone. For example, limits on betting amounts, betting locations, betting times, betting procedures, etc. In short, betting is a lot like buying a lottery ticket.
And it can also be said that betting and gambling are essentially the same. This is also the way the state controls gambling addicts, the state will reasonably manage the players.

I believe that betting is a "noble" way for the state to profit from betting enthusiasts. Hiding behind the wrapper of sports, the state gets money, despite the fact that no funds are allocated from this income to combat addiction. In betting, problematic bettors bet on matches on the ping arena, because they want the bet to win faster. And this is an indicator that they are not so different from problem gamblers.

 
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October 28, 2024, 08:48:06 PM
 #149

So far I see betting and gambling are the same in the end, namely luck, to win it
but if we talk about theory, betting is often done in the real world not only for sports but sometimes in every case where here targeting something based on predictions that will be made by someone or a match
gambling, we bet money to play the game and hope to win

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October 29, 2024, 03:58:39 AM
 #150

If viewed from that perspective, the words gambling and betting are indeed different. As OP said, I agree that betting is more about sports and gambling is more about casinos, but from both of these things there are strong similarities, namely the losses and profits that can occur and be obtained by each of us who do it, whether it's gambling or betting. With sports betting itself, many do it with other intentions, such as betting on a team that they really support, unlike gambling where there are various kinds of games while we can try our luck not only in one game, whether this is the same or not, but I myself am different.
In fact, in my opinion, the word bet is in the word gambling, so these two things are different from the reading sentence but have meanings and meanings that are not much different, even almost exactly the same. Because I think there is no big or strong difference between these two things, the difference is only in how to do it.


The gambling had the betting in it,the gambling games had many betting games.So betting is the amount of money he is betting in the particular game.If the gambling is made with the certain dollars,we will analyse the game result at the end of money holding by the gambling.This money is the remaining money after he made many bets in the game.So the bets may give the gamblers more money or loss of money he used in the gambling site.If the betting give the gamblers some money winning,he should learn to withdraw the money immediately.Else the gamblers will loss the full funds in reverse algorithm of the gambling.
Even I think betting can not only be done in terms of money, but also with other things, I have seen people who bet by betting their assets whether it's a car or other assets. This happened with yesterday's match between the strong teams, Barcelona and Real Madrid, where my friend bet on Real Madrid who said that if his favorite team lost he would give him the cellphone he had and would also shave his head bald, and in the end what happened was he lost his cellphone and also with his hair shaved off, I myself just laughed at him.
With what my friend did, in my opinion, it can be called a bet and can be called gambling because there is something at stake, also with casino gambling where there is a chance to win, we must be able to realize that victory is difficult to obtain, therefore withdrawing victory or profit is something that must be done.
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October 29, 2024, 05:13:06 AM
 #151

So far I see betting and gambling are the same in the end, namely luck, to win it
but if we talk about theory, betting is often done in the real world not only for sports but sometimes in every case where here targeting something based on predictions that will be made by someone or a match
gambling, we bet money to play the game and hope to win

Yes, it has the same concept and scenario of winning and losing, but the only difference is in the name to separate the types of casino games and sports games. And yes, I can agree with you that usually what is called betting is when the activity is done in real life, such as sports or racing, where simply there are two parties who bet on different teams or players who they think the team they choose is the team that will be superior to the opposing team, while gambling refers more to casino games where a player plays against the casino dealer, but in the end both have the same concept and scenario where there will always be one party who will be disadvantaged when the game ends.

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October 29, 2024, 05:45:34 AM
 #152

I believe that betting is a "noble" way for the state to profit from betting enthusiasts. Hiding behind the wrapper of sports, the state gets money, despite the fact that no funds are allocated from this income to combat addiction. In betting, problematic bettors bet on matches on the ping arena, because they want the bet to win faster. And this is an indicator that they are not so different from problem gamblers.
And who is forcing you to gamble? Just walk past and that's it. No gambling addiction will appear, which is often destructive for a person. This happened to me and I had to go through many circles of hell. How hard it was for me when I borrowed money to try to win back what had already been lost. Now I have changed my approach to this process and I do not have any problems with people because of debts.

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October 29, 2024, 06:49:20 AM
 #153

So far I see betting and gambling are the same in the end, namely luck, to win it
but if we talk about theory, betting is often done in the real world not only for sports but sometimes in every case where here targeting something based on predictions that will be made by someone or a match
gambling, we bet money to play the game and hope to win
Gambling and betting do not seem to have a significant difference, although gambling is more inclined to the game, while betting is more about prediction but still both rely on luck to win, I am more inclined to see something that does involve financial risk and the expectation of winning and can be an attraction as well as a danger for many people is a gambling and also a bet, because I think in this case we can't find a better difference between the two because indeed both (gambling or betting) are bad things for us, but if we can't avoid not getting involved in both then it's important that we have boundaries and don't risk more than we can afford to lose both in betting and gambling.

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October 29, 2024, 07:17:22 AM
 #154

Potato, potahto. It's essentially the same. The activity is the same whether you call it betting or gambling. You can bring the word "wagering" into the game as well. You wager your money on sports or casino games. It's ok to say "I play casino games", but no one says "I play sports betting." The semantics and word choices aren't important. You bet on the outcome of an event. Hence, you are gambling.

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October 29, 2024, 07:37:44 AM
 #155

I was today years old when I found out that if betting and gambling isn't exactly the same thing. If you Google the word betting most of the  results will be in regards to sports betting. Also Google the word gambling and you will see most results refer to casino games. In my own opinion whether we bet on the outcome of a sports event or we bet on games of luck and skill in the casino, they are both the same thing.
I think the difference in definition is only a matter of correctness. In the actual sense, both entail putting something at stake. Whether we call it betting or gambling, both have to do with placing bets aside (especially money) expected to be won. For me, that makes them same of same. Perhaps for the sake of "Register" and specifics when it comes to word usage for certain fields as strictly advised in language rule (English grammar, of course), that's why it's so. Otherwise, both mean the same thing.

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October 29, 2024, 10:04:01 AM
 #156

So far I see betting and gambling are the same in the end, namely luck, to win it
but if we talk about theory, betting is often done in the real world not only for sports but sometimes in every case where here targeting something based on predictions that will be made by someone or a match
gambling, we bet money to play the game and hope to win
Yes, only the name is different but needs luck to win. Usually, when people say I want to betting, they want to playing gambling by place a bet in the sports. And if those people say I want to playing gambling, our minds will thinks the casino games and not about sports betting.

That will be easily to understand for many people because that gambling and betting is different for them. Gambling and betting needs to have luck to win so they can not deny that and depends on luck if they want to win.
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October 29, 2024, 10:16:21 AM
 #157

Actually betting is a form of gambling where you bet money on certain outcomes and here the need for knowledge can be realized. Gambling, on the other hand, involves various games of chance or skill played for money or valuable bets. In gambling you have the chance to bet, the morale to take risks, and anyone has a chance to win. Betting on horses, casino games, sports or almost any event is considered a form of gambling. The parting line is related to the fact that gambling usually attracts professionals, betting is a thing for both professionals and amateurs.
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October 29, 2024, 10:26:17 AM
 #158

I was today years old when I found out that if betting and gambling isn't exactly the same thing. If you Google the word betting most of the  results will be in regards to sports betting. Also Google the word gambling and you will see most results refer to casino games. In my own opinion whether we bet on the outcome of a sports event or we bet on games of luck and skill in the casino, they are both the same thing.
I think the difference in definition is only a matter of correctness. In the actual sense, both entail putting something at stake. Whether we call it betting or gambling, both have to do with placing bets aside (especially money) expected to be won. For me, that makes them same of same. Perhaps for the sake of "Register" and specifics when it comes to word usage for certain fields as strictly advised in language rule (English grammar, of course), that's why it's so. Otherwise, both mean the same thing.
Gambling and betting means the same thing, in both you'll put something at stake, mostly money as you said, then hope for the outcome to favor you. They're similar in meaning but have different pronunciations. We choose to refer to gambling in sports as bets, which is a suitable for it and we just call it gambling when we're mostly faced with a machine. The difference is that in sports we're staking our money on human beings to win each other while in casino games we're mostly betting against the house. I don't think that you'll be wrong if you say sports gambling and casino bets, but it'll sound odd because we're not used to pronouncing them that way.

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October 29, 2024, 10:49:25 AM
 #159

Actually betting is a form of gambling where you bet money on certain outcomes and here the need for knowledge can be realized. Gambling, on the other hand, involves various games of chance or skill played for money or valuable bets. In gambling you have the chance to bet, the morale to take risks, and anyone has a chance to win. Betting on horses, casino games, sports or almost any event is considered a form of gambling. The parting line is related to the fact that gambling usually attracts professionals, betting is a thing for both professionals and amateurs.
Personally, I am more attracted to sports betting than other gambling games, except for poker, I guess. I don't really like slots and casinos because the luck factor is raised to the highest level there. In sports betting, you can enjoy those sports championships and the game that I would watch anyway, but with a bet on your favorite team, it is even more interesting to watch. In general, everything depends on the player and if one plays slots and does not want to hear anything about betting, others do the opposite. Lately, it seems to me that betting is becoming more popular than other types of gambling because many people think that a lot depends on it and they can turn their expertise into money, but they are often wrong.

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October 29, 2024, 10:51:59 AM
 #160

I was today years old when I found out that if betting and gambling isn't exactly the same thing. If you Google the word betting most of the  results will be in regards to sports betting. Also Google the word gambling and you will see most results refer to casino games. In my own opinion whether we bet on the outcome of a sports event or we bet on games of luck and skill in the casino, they are both the same thing.
I think the difference in definition is only a matter of correctness. In the actual sense, both entail putting something at stake. Whether we call it betting or gambling, both have to do with placing bets aside (especially money) expected to be won. For me, that makes them same of same. Perhaps for the sake of "Register" and specifics when it comes to word usage for certain fields as strictly advised in language rule (English grammar, of course), that's why it's so. Otherwise, both mean the same thing.

Yes, it is true that there is no significant difference if we talk about the meaning of the two words between gambling and betting because both have the same concept and scenario, namely involving money, opportunities and risks of losing money, or both are still activities that risk something that is considered valuable (such as money). As far as I know, gambling is more directed at a game between the casino and the players who put money on two possibilities between winning or losing and betting is an activity carried out by both parties where one of the parties has a choice that they think is more convincing to win.
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