do you consider what you gamble an expense or investment?

[acroman08]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

I treat the money I use for gambling as an "expense" as I don't expect any profit from it, but if I am able to gain profit from it, then that is good. Anyway, I feel like treating the money you gamble with as an "investment" could be a bad mindset to have, I mean, as you mentioned, investments are meant to grow, and if that "investment"(the money you gamble with) keeps losing, then you might become frustrated as you gamble more and lose your "investments" that should be growing.

[qwertyup23]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

I can never fathom on how gambling can be considered as an investment. It is actually more of an expense given that there is absolutely no guarantee that you will profit after you engage into such activity.

To explain, an investment is a form of allocating money, resources, or any tangible asset with the expectation that it will accrue value overtime. An expense, on the other hand, is the act of spending on a given thing, act, or service. Gambling can never be an investment given that there is no money that will accrue its value overtime. It is absolutely an expensive since you stake your money with the hope of winning.

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

I treat the money I use for gambling as an "expense" as I don't expect any profit from it, but if I am able to gain profit from it, then that is good. Anyway, I feel like treating the money you gamble with as an "investment" could be a bad mindset to have, I mean, as you mentioned, investments are meant to grow, and if that "investment"(the money you gamble with) keeps losing, then you might become frustrated as you gamble more and lose your "investments" that should be growing.

I agree with your statement.

Gambling can never be an investment even if you win tons of money in the process. The very definition and essence of an investment is contradicting to the nature of gambling- like two worlds which are compatible with each other.

[aioc]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment?

Me and my friends have tried to make gambling an investment; we tried it on horse racing, but we failed miserably. Even in luck-based casinos, the odds are very high to make it your own cashcow; even if you study how to analyze all the factors, there will be a point where luck or chances will ruin your momentum.
Gambling should never be your option to make an investment. If you take a loan and state that you want to invest the money in gambling 100%, you will be declined by all loan institutions.
Even your best friend will not give you a loan.

[blomen]

such a great question.

i consider it an expense, cause if it were an "investment" it would have some basis. like if you buy some stocks or crypto, there is generally a company behind it and you trust them. you "invest" in them, actually. you are investing because you think the work that company does is great, the idea or something about that investment is "worth investing in".

but in gambling, i always consider it an expense, simply because there is no "investing on something".

you can say "i trust the team!" or "i trust my bet, isn't it a thing?" but i don't think that there is a real investment. if you think that hoping that 2 cards add up to 21 is an investment, you should also consider the lottery as an investment.

[DaNNy001]

I don't consider gambling to be an investment because I lose more than I make money from it...An investment multiplies your capital and there are just few or no risks involved..if you carry out an experiment you'd know that gambling is nothing more than an expense, go into your bank app and find out how much you spent on gambling last month, if it's low check January and if you can maybe Previous months, you'd find out that you've actually spent more than you gained, that's an expense, you don't need anyone to tell you that.. people who try to make gambling an investment end up as addicts.

[mindrust]

Depends on what I am wagering on. If I am playing dice, that’s an expense as I will definitely lose in the long run because the odds are always against me. If I am betting on an undervalued stock, which has good earnings, then the odds are with me and I will probably be making money in the future as I am seeing something in that stock which most people fail to see.

Different games, different situations, different expectations, different outcomes.

If you play a game where you are always at a disadvantage, you can’t expect to win.

[xLays]

No matter what people say, even if they try to call their gambling an "investment," at the end of the day, gambling is still gambling. I hope you understand what I mean.

For me, gambling has never been an investment. If you're sure you're going to win, maybe then you can call it an investment. But if you're not certain of winning, it's nothing but gambling — not an investment.
But we can do investment in gambling by investing in house, its like you're putting money on casino. Like you're playing against players.

[Derekfunds]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

To me I think gambling can be an investment and at same  time an expenses reason because sometimes or most times we spend money and don't get anything in return as a profit and sometimes we spend money and get back something as profit so apparently it is an investment and also an expenses but now the measure of it differs with individuals because some people make more profit than loss while some people make more loss than profit so people who make more loss will see it as expenses.

[Litzki1990]

First of all I want to clear you that gambling is not really an investment in any way. You are investing in a place where you may get a good return later or if the money loss is temporary, the loss is likely to be recovered later, but gambling is a different story. If the gambler loses once in the gambling game then the entire amount of money that the gambler had bet will be lost there will be no chance of getting that money back. Now if later the gambler can gamble more money and win it is a different matter but the loser never comes back. Gambling is generally considered to be one of the most basket-filled games. It is always advised to those who do not have enough knowledge about gambling so that they first have a good understanding of gambling and then start gambling as this will reduce their financial risk a lot.

[Cityhunter34]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

Of course, once a gambler is always losing in gambling is totally a big expenses. Though you can not be always losing in gambling and be seeing it as an investment, is a capital NO. However, I think when someone would only consider gambling as an investment is when you are experiencing too much winnings, although even as that is still difficult because gambling is more of losses than winning.

[Mrbluntzy]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

I don't consider the money I allocate to gambling as an investment but rather as an expense. I know that there are people who considers it as an investment but if am close to anyone that does that or I finds out that my friend is doing so, I will discourage the person from doing so. The reason is because investment is not supposed to be something that people should depend on luck for their ROI, it should be something that we must me certain that we are expecting a decided reward at the end of the investment period if the risk if the investment does become so bad. Investment has risks but most of them has low risk, not as bad as in gambling.

[Su-asa]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

If you gamble for entertainment you should also consider the money that you are using to gamble as an expenses because you are not expecting anything in return when you gamble. You have already said it all that in business expenses doesn't generate any income.
But if you are gambling to make a profit you will consider the money that you are using to gamble as an investment because you are expecting profit from it when you gamble.

[bitzizzix]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

I consider it an expense that is meant to entertain or just have fun, and it is the same as going to a bar or a nightclub and spending a few dollars. Gambling is a place to spend money and not an investment that can grow money, and what you have to realize is that no matter what the reason is, if you really realize the winning percentage in gambling, you will lose more than you win and that is where the investment is. Maybe when you win in the long run, you consider it an investment without realizing how much you lost before.

[Victorybit1]

Treating gambling like an investment is going to turn you to a delusional addict, there's no need to chase such because you will only end up on the losing side. Gambling is just an expense to you because the outcome is unsure, that bet can either be successful or lost so you can't really call that an investment. There are people that strongly believe that there are systems in gambling that can constantly make it a profitable scheme but they end up losing money. It doesn't matter whether you gamble for fun or Profit it's going to be an expense to you.

[Sticky Bomb]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

None of the above, money I budget on gambling neither goes into my expenses budget nor investment budget. I classify it under recreation and add funds associated to gambling under my recreation budget. I see gambling with the same disposition as having beer at the bar, going to watch football or visiting the park. It's not a valid expense and shouldn't be seen as one neither is it a source of income and shouldn't be placed as an investment program.

Gambling is for fun and recreation and we ought to treat it as one and not as a serious concern.

[Dickiy]

I consider gambling money as an expense fund, I understand that I can get some profit from gambling but that is also only when I am lucky, meaning the reason why I consider gambling money as an expense fund is because there is no certainty of winning, the point is we must have a different perspective on gambling funds and also funds for investment, both are indeed risky but there is a significant difference in them which is the scenario for getting profit is different, gambling depends on luck while investment depends on your knowledge and skills, treating gambling like an investment will only increase the possibility of disappointment and regret.

[CryptSafe]

At first, gambling is seen as fun not for profit purpose and when making budget for gambling the money is seen as expenses but in most cases, it generates more funds when there is a turn of event in the favour of the gambler. In situations as this, people would see it as an investment because they have the mindset of gambling for fun hoping to win their games and sometimes it works for them and sometimes, the reverse is the case but I will say that it is better to gamble for fun than gambling for profit because having such thought would definitely give way for addiction if the gambler does not take caution.

[Z-tight]

How could it be an investment, you invest in assets and gambling is not that. If you take gambling to be an investment, you will get a heartache most of the time, because you will hardly get any return on investment. I like to see gambling as putting money into something i like doing, without really expecting anything in return, and if i eventually get something in return, i am glad i did.

[Hispo]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.

Realistically, we are supposed to treat all gambling related money as an expense, because since the moment we deposit the money onto the casino, there is absolutely no warranty we will get out money back and the risk associated with gambling is far greater than the risk associated with traditional investments.
So, I believe it is more responsible for us as gamblers and as adults in general to avoid treating those deposits on casinos as investments.
The only way you can invest in a casino is having some stake on the bankroll of the house and slowly see your money to grow through time.

[Slow death]

Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment?

I treat the money I use in sports betting as an expense, I don't look at gambling as something that would give me any profit. Most of the time when I'm betting, I've had more losses than victories, so I've started to look at gambling as an expense, I only put in a small amount of money that I can afford to lose and that way I don't get sad when I lose.