do you consider what you gamble an expense or investment?

[Y3shot]

Its an emtertainment expense.  In no way should you ever consider gambling an investment.  For me i like to gamble just like i lime to see live sports.  I pay a lot to see those sports and in ruturn i get entertained.  Likewise with gambling i lay down money in exchange i like to be entertained.  No different.

Gambling is okay for you as entertainment and you don't choose gambling as anything other than entertainment, especially as a source of income. For those who choose to gamble solely for entertainment and spend a lot of money on gambling, gambling will become an expense. But there are many gamblers out there who see gambling as a source of income rather than a source of entertainment, and for them, it should be considered an investment.

Every gambler will have have to choose what they take gambling as , but as for me I will prefer to choose gambling as an expenses,  if I choose gambling as an expenses I know I have to keep little money that I can afford to gamble with. It is a wrong idea to make gambling as an investment because one may decide to invest so much money in it and even if their is no winning you will just be having hope to get a win bot knowing that one is making a mistake.

[o48o]

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.

My gambling budget is expense and it would be dishonest to see is as an investment to anything else then for my leisure time.
But i totally understand why some people fall for that concept of investment for profit. Because they mainly play for profit, and this is a way to justify it.
It looks better in their books then admitting it's an investment on leisure, excitement and fun.

There's also a reason it's illegal like everywhere for casinos advertising them as investment opportunities. Because that would be as misleading as those lies people tell themselves, who can't distinguish investment from gambling.

Some people believe it, because they play for profit. And while it can be a goal, it's not investment, and someone saying otherwise is just lying to themselves. I am not going to reinforce those beliefs, so i don't even say each to their own.

[GxSTxV]

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.

In short, someone who thinks gambling is an investment of any kind is going to experience a painful financial crash, simply because they think it’s an opportunity to make money so they easily chase the losses and raise their bets to recover, with time they cannot afford gambling and go on debts.
While people who just gambles as an extra expenses to have fun, they understand well it’s not a profitable activity, so they know how to do it and spend only money they can afford losing without extra emotions.

Overall, gambling is a luck based activity with a huge risk if someone is gambling without money management or a good knowledge about the risks, most or all casinos they show signs of moderate gambling, just like any dangerous substance, consuming such things is risky, that’s why we should do them with moderation, and we have to stop once it influences our mood and lives.

[Zigabel]

Every gambler will have have to choose what they take gambling as , but as for me I will prefer to choose gambling as an expenses,  if I choose gambling as an expenses I know I have to keep little money that I can afford to gamble with. It is a wrong idea to make gambling as an investment because one may decide to invest so much money in it and even if their is no winning you will just be having hope to get a win bot knowing that one is making a mistake.

Considering gambling as an expenses will actually help control how well you gamble especially how much you spend gambling because things we consider expenses are such that we don't really expect to yield back our money after we may have probably lost it but if we see it as an investment then the chances are that we would not consider controlling how much we pit into it because we believe it will still give us returns and the logic would mostly be that the more we invest the bigger the returns but this in most case isn't the case so keeping a different mindset to it like this is most likely going to help a whole lot.

[Stalker22]

Yeah. Basically if you see gambling as an investment get ready for a world of financial hurt.  Because when you go in thinking its a chance to profit, losing makes you desperate to win it back.  Now, people who gamble just for kicks, they know its no money making scheme.  They play for fun. So they tend to avoid getting sucked into the vicious lose-chase-lose cycle.  And can enjoy it responsibly as an entertainment expense within their budget. And thats the way how I feel about gambling.

[Yamifoud]

It should be because this is not an investment where we can think of assurances that our money will grow. We are just relying on luck, which we can't guarantee if it comes.

In this kind of situation, we'd rather think it was just an expense, so whatever the results after gambling, won't hurt us because we are already prepared. It is a different feeling when we expect too much, but in the end, we lose.

Of course, it is not like we think negatively. Maybe it's just the point that we expect nothing, like we buy stuff.

[Z_MBFM]

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.

Definitely expense, People who think of gambling money as an investment take gambling seriously.  I think they are addicted to gambling. Gambling is for fun and using money for fun is never an investment. It is always an expense. Luck is the key to winning in gambling. So it is foolish to think of it as an investment. Investment is where profit can be achieved by adopting various strategies.  Who can use gambling strategy to be a guaranteed win?  And how many people succeed financially by gambling?  How can anyone think of it as an investment where winning is left entirely to luck.

[mcdouglasx]

Gambling is not an investment because you're not guaranteed a return; you're simply spending money with the hope of winning something. It's like buying a ticket to an event you do it for fun, but you don't expect to get that money back. On the other hand, the casino is making an investment, as every bet they take is calculated to generate long-term profits. They design the games so the odds are always in their favor. That’s why, while gamblers take uncertain risks, the casino builds its business to win consistently. Gambling can be entertaining, but thinking of it as an investment is a mistake. In the end, the one who always wins is the one who sets the rules.

Gambling is meant to be fun!.

[GeorgeJohn]

Gambling is not an investment because you're not guaranteed a return; 

Many people who has not understand the different between gambling and investment, will think that gambling  is an investment, they think that the risk associated with investment and the risks that associated with gambling is the same, it's obvious and quit understanding that gambling is a game and it has to do with privilege or luck, as you said OP, nobody is sure of wining in the gambling, but people people is sure of losing, let us tell our siblings that gambles that gambling is not an investment or source of making income from my perspective, it's something some people do for entertainment.

[mirakal]

Since I don’t see gambling to provide me sustainable income, hence I can only see those money I used to gamble as my additional expenses. Those are my extra money that won’t bother me much if ever I lose them all, but of course my goal is still to make more money with it, although it can’t be possible at times.

Seeing it as an investment will only frustrate me in the end, so I don’t adapt that kind of mindset.

[alegotardo]

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 believe that money used for gambling should be considered an expense, since investment is an allocation of resources with the aim of generating a financial return in the future, but gambling is a risky activity that does not offer a guarantee of financial return.

In addition, the probability of winning is generally low, and the house always has an edge over the player, so I consider money used for gambling as an expense where I am paying for an experience of entertainment, fun and socialization.

If you consider money used for gambling as an expense, you will be more likely to control your spending and not exceed your financial limits.

[Muba20]

Gambling is not an investment because you're not guaranteed a return; you're simply spending money with the hope of winning something. It's like buying a ticket to an event you do it for fun, but you don't expect to get that money back. On the other hand, the casino is making an investment, as every bet they take is calculated to generate long-term profits. They design the games so the odds are always in their favor. That’s why, while gamblers take uncertain risks, the casino builds its business to win consistently. Gambling can be entertaining, but thinking of it as an investment is a mistake. In the end, the one who always wins is the one who sets the rules.

Gambling is meant to be fun!.

When gambling is used for entertainment, there is no room to discuss the issue of profit. Neither expense nor investment will have priority. If we go to a stadium to watch a sporting event, we must buy tickets to watch that game. And I would not call buying that ticket an expense or an investment. We usually buy that ticket to enjoy pleasure. Money used for pleasure cannot be considered an expense in any way. Even if it may seem like an expense in financial terms, it should not be considered as such in the hope of getting entertainment. When money is given priority, it is conceived as an expense or an investment that should be avoided.

[WeedGoW]

Yes, of course what I think of the cost of gambling all the time. Because gambling is one and another typically investing when you spend something to buy or use is usually called spending. It is not used for any income in the future to increase any profits. We usually call that cost. On the other hand, investing is something where you use your half or assets in a place or project that can gain and increase your future. We usually call it investment. The goal of investing is to invest completely differently is to increase your capital by doing exactly researching a projected drug by which income or gains are expected in the future. Since gambling creates a possibility of an uncertain, we usually consider it to be cost. Where you spend a certain amount of money or expect another stable profit or growth for it, rather if there is a possibility of losing some parts of where you are spending money, we will call it investment. It seems costly to me.

[Dr.Bitcoin_Strange]

It should be because this is not an investment where we can think of assurances that our money will grow. We are just relying on luck, which we can't guarantee if it comes.

In this kind of situation, we'd rather think it was just an expense, so whatever the results after gambling, won't hurt us because we are already prepared. It is a different feeling when we expect too much, but in the end, we lose.

Of course, it is not like we think negatively. Maybe it's just the point that we expect nothing, like we buy stuff.

If one says they want to invest their money into something, it should be something that they have observed very well and are sure that it will give them a big profit in return, a profit that is certain and not one that is based on luck and uncertainty. Gambling is not an investment that generate a consistent return and that's why it just fall under the category of expense despite the winning it brings sometimes.

[Peanutswar]

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.

Just the quite difference of this is the aspect of the return regards with the expense you are just crediting a money and possible the price will be depreciated and not the same as the previous do you have, in investment you are seeking for a return. I consider the gambling as expenses in terms of you are willing to make a risk with your money and could be an investment because if you know to yourself you have a good analyzation with the things you are doing that might give you a good return. It seems the choices of both part could be related into a risk management.

[MusaPk]

In short, someone who thinks gambling is an investment of any kind is going to experience a painful financial crash, simply because they think it’s an opportunity to make money so they easily chase the losses and raise their bets to recover, with time they cannot afford gambling and go on debts.
While people who just gambles as an extra expenses to have fun, they understand well it’s not a profitable activity, so they know how to do it and spend only money they can afford losing without extra emotions.

Overall, gambling is a luck based activity with a huge risk if someone is gambling without money management or a good knowledge about the risks, most or all casinos they show signs of moderate gambling, just like any dangerous substance, consuming such things is risky, that’s why we should do them with moderation, and we have to stop once it influences our mood and lives.

In gambling it's the casino who is lucky most of the time not the gambler and gambler who understand this fact very early won't lose much of his wealth in gambling. Just spend the money in gambling which you can easily forget and you are all good. Those who have doubts about that can look around and see if they can find good number of gamblers who are able to win against Casinos? The success in gambling is not about how much money you win but about how successful you are in managing your money that goes into gambling. The more money you place on betting, more you will lose.   

[rachael9385]

I never heard someone consider gambling as investment, no guaranteed returns and the possibility you'd become addicted, which could lead to frustration. This is the reason why I think other people keep gambling and think someday they're going to win huge, but the fact is it should not be thought of gambling as an investment.

So it should be consider as expense just for fun because we're spending money for entertainment purposes.

There are people that actually consider it as an investment, I know a lot of people that do it, they stake on sports betting and even take it as a business, when thet lose the bet they call it an investment gone wrong. People that so this will always end up losing, in gambling the house and bookmakers wins 90 percent of the time , the remaining ten percent goes to anyone that gets lucky. Gambling is never an investment because we spend more than what we gain from it, you might as well call it a liability, it's a losing game.

[mak013]

In short, someone who thinks gambling is an investment of any kind is going to experience a painful financial crash, simply because they think it’s an opportunity to make money so they easily chase the losses and raise their bets to recover, with time they cannot afford gambling and go on debts.
While people who just gambles as an extra expenses to have fun, they understand well it’s not a profitable activity, so they know how to do it and spend only money they can afford losing without extra emotions.

Overall, gambling is a luck based activity with a huge risk if someone is gambling without money management or a good knowledge about the risks, most or all casinos they show signs of moderate gambling, just like any dangerous substance, consuming such things is risky, that’s why we should do them with moderation, and we have to stop once it influences our mood and lives.

In gambling it's the casino who is lucky most of the time not the gambler and gambler who understand this fact very early won't lose much of his wealth in gambling. Just spend the money in gambling which you can easily forget and you are all good. Those who have doubts about that can look around and see if they can find good number of gamblers who are able to win against Casinos? The success in gambling is not about how much money you win but about how successful you are in managing your money that goes into gambling. The more money you place on betting, more you will lose.   

Your words are true for random games. RTP tells us, that on a distance casino always wins, even if some gambler can get big prize even from one bet.
But it is a mistake for sport betting at least. When you can predict the result(even with percent of mistakes) you can create a strategy and use it. In such way it is possible to get some money, but it is really hard and takes lots of time.

[Tipstar]

I'm wise enough to realize that it's an expense and not an investment. Though the wisdom didn't came easy or cheap. I have played and lost a lot of money on gambling and even though you might win some days or even months but in long run your aggregate would be negative. If you have too much expectations from gambling you'd hurt yourself more. Taking gambling as investment is a mindset that could break you. If you like gambling and want to enjoy for a long run, its better to take it as an expense and maintain your finances better and not to lose more than what you could afford.

[Sandra_hakeem]

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?

Investment?? On what exactly? Yeah I get it but, some questions need to be rephrased; when time is spent at the expense of your money over some self pleasures, you're running on expenses. Oh, and let me remind you -- assuming gambling as a job doesn't change the narratives, it only exposes you more to whatever you're gambling on.
I guess the people that lived their lives just like I described can attesst to how cognizant they became after only few months... Haha!

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.

A business is way different to be put in that analogy my friend. The expenses you make in business is already getting paid/settled from your network profit. You can't run a business that doesn't generate profit, so it's either you're putting in more to get morrreeee, or nothing!