do you consider what you gamble an expense or investment?

[Dailyscript]

Both in gambling and investment risk are taken, analysis are made, past results are considered also there are some things common in the both of them that makes them look similar but they are not. When it comes to gambling you have a 50/50 probability of winning but in investment it depends on the level of skill and knowledge you have in order for you to get good results, so no matter what gambling can not be considered as an investment rather its an expense just like going to a game shop to play games for fun but in this game you can get financial results.

[NeuroticFish]

Both in gambling and investment risk are taken, analysis are made, past results are considered also there are some things common in the both of them that makes them look similar but they are not. When it comes to gambling you have a 50/50 probability of winning but in investment it depends on the level of skill and knowledge you have in order for you to get good results, so no matter what gambling can not be considered as an investment rather its an expense just like going to a game shop to play games for fun but in this game you can get financial results.

1. In gambling you rarely have 50/50 probability.
2. If you consider gambling an investment you're doing it wrong. Gambling is for fun, hence expense. Winning is nice, but going constantly on profit would be a mathematical anomaly. Have fun as it last. If you consider it investment you'll try to always win and you'll lose more than you'd imagine.

[Dickiy]

Gambling is a game of chance regardless of the type of gambling and anything that is probabilistic has absolutely no guarantee of getting a return, recovery or even profit, so I consider gambling funds as expenses. Unlike investment, although in terms of risk it is the same but in terms of how to get profit and minimize losses it is different, investment has a clear profit potential that usually you will get more profit if for example you can be more patient waiting for a longer time and the risk can still be controlled, the point is it makes no sense to consider gambling funds like an investment because there is absolutely no guarantee of growth.

[r_victory]

I consider it an expense. With investments, you have a small “guarantee” of return, even though it is risky, there are ways to guarantee your investment. In Brazil, we have the FGC (Credit Guarantee Fund), which, in the event of bankruptcy of the company in which we invest, returns a certain amount (the limit is R$250,000, converting at the current dollar rate, this is approximately $44,000). If your investment is smaller, you will not lose anything. What guarantee does gambling give you? In my opinion, it cannot be seen as an investment.

[xenomorfo]

I don't agree with you that there's no fun playing online, mate. For you, it might not be fun but for so many gambler there's really too much fun for them gambling online than the physical land base casino where they have to be faced with some situations that they don't like. The only reason I go to land base casino is to have fun with my friends but if not because of my friends, I rarely go there because I can just bet on my phone right at home and still enjoy the fun. Lastly, gambling is not a means to make money, if you are not willing to lose some money, don't gamble.

It depends on what you mean by fun, i don't enjoy being in front of the computer. It's a very subjective thing in my opinion and we can't all be the same. i get bored alone in front of the computer, maybe because i am not as young as you and i love human contact.
If you like it, good for you

[odunybiz]

Taking gambling as an investment will no doubt make you to become a gambling addict. This is because it will make you you to always run after your loses. No matter how careful you are taking gambling as investment will make you get anxious of your loses and will be eager to play to win, leading to unnecessary decisions.

Yes, that is also one key cause that contribute to some people's addiction and I believe that there are a lot of gamblers that sees gambling as an investment, as a means by which they can earn money as soon as possible and that why some of them are going to take loan from a third party that they may gamble to double the money and repay their loan but they end up being disappointed and losing the money they borrow.

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

[GigaBit]

Taking gambling as an investment will no doubt make you to become a gambling addict. This is because it will make you you to always run after your loses. No matter how careful you are taking gambling as investment will make you get anxious of your loses and will be eager to play to win, leading to unnecessary decisions.

Yes, that is also one key cause that contribute to some people's addiction and I believe that there are a lot of gamblers that sees gambling as an investment, as a means by which they can earn money as soon as possible and that why some of them are going to take loan from a third party that they may gamble to double the money and repay their loan but they end up being disappointed and losing the money they borrow.

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

If gambling is conducted without control, the possibility of losing will increase greatly. That is why the gambler must conduct gambling within control. But sometimes, despite being in control, the gambler may make mistakes in his gambling management and due to that mistake, he may have to lose more. Among the gamblers, those who borrow or loan money to manage their gambling will never be able to conduct responsible gambling. If they lose the borrowed money, they will later rush to sell their own assets and at some point they will lose everything. That is why it would be logical to consider gambling as a temporary entertainment and conduct gambling. If someone considers gambling as an investment center, big losses are waiting for them. Even if they win big today, at some point they will lose all their assets.

[sompitonov]

Taking gambling as an investment will no doubt make you to become a gambling addict. This is because it will make you you to always run after your loses. No matter how careful you are taking gambling as investment will make you get anxious of your loses and will be eager to play to win, leading to unnecessary decisions.

Yes, that is also one key cause that contribute to some people's addiction and I believe that there are a lot of gamblers that sees gambling as an investment, as a means by which they can earn money as soon as possible and that why some of them are going to take loan from a third party that they may gamble to double the money and repay their loan but they end up being disappointed and losing the money they borrow.

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

If gambling is conducted without control, the possibility of losing will increase greatly. That is why the gambler must conduct gambling within control. But sometimes, despite being in control, the gambler may make mistakes in his gambling management and due to that mistake, he may have to lose more. Among the gamblers, those who borrow or loan money to manage their gambling will never be able to conduct responsible gambling. If they lose the borrowed money, they will later rush to sell their own assets and at some point they will lose everything. That is why it would be logical to consider gambling as a temporary entertainment and conduct gambling. If someone considers gambling as an investment center, big losses are waiting for them. Even if they win big today, at some point they will lose all their assets.

Gambling certainly cannot be compared with investments, but what attracts many players is the almost instant result. A player can enter with money and in a few minutes decide its fate, whether it will be lost or not. In investments, time is needed, which many do not have, and even if they have it, they do not have the patience to wait. In addition, looking at today's Trump duties, the markets are falling, and even some impatient investors and traders may break down and take the rest of their money to gambling to try to win back, although I would call this a terrible idea.

[Questat]

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 invest in gambling with the hope of profit, but when my luck is bad, I face losses instead of profits. Then I consider gambling as an investment for me. If I participate in gambling to keep myself in a good mood when I am not feeling well, then I consider gambling as an expense. Because then my main purpose is just to have fun and in that case I don't consider gambling as part of the profit.

We might say that there is a saying to invest only the amount that we can afford to lose, the same saying we hear from gambling. But in investment, at least we have a bigger chance to earn a profit, which we can't find from gambling. In fact, as we go into proper budgeting. Gambling is categorized as an expense, which means that we can't expect any return from gambling because we already assume that we're going to lose this money. But in investing, there is a so-called profit assurance, and this will differentiate the two.

[Fivestar4everMVP]

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.

Very good question actually, and here is another way to find out who is gambling with the pure intention of making money of it, or simply gambling just to have fun and also and always ready to take whatever comes of it in good fate.

For me though, money I spend on gambling is considered as expenses and never an investment, this is why I don't gamble often, I only gamble when I have that extra fund that I know well enough that I am wiling to loss or spend on gambling.
There used to be a time when I treated gambling as an investment, and I remember well that those days, I was always angry with myself and with those around me because I lost money to gambling, money I wasn't prepared to lose..

So, I've so far learnt that to enjoy gambling, we have to start treating the money we spend on gambling as an expenses and not investment, investment comes with some good level of guarantee that you will get your money back, gambling offers no guarantees at all, and what this mean is that, its wrong to treat gambling as an investment.

[gunhell16]

Taking gambling as an investment will no doubt make you to become a gambling addict. This is because it will make you you to always run after your loses. No matter how careful you are taking gambling as investment will make you get anxious of your loses and will be eager to play to win, leading to unnecessary decisions.

Yes, that is also one key cause that contribute to some people's addiction and I believe that there are a lot of gamblers that sees gambling as an investment, as a means by which they can earn money as soon as possible and that why some of them are going to take loan from a third party that they may gamble to double the money and repay their loan but they end up being disappointed and losing the money they borrow.

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

If gambling is conducted without control, the possibility of losing will increase greatly. That is why the gambler must conduct gambling within control. But sometimes, despite being in control, the gambler may make mistakes in his gambling management and due to that mistake, he may have to lose more. Among the gamblers, those who borrow or loan money to manage their gambling will never be able to conduct responsible gambling. If they lose the borrowed money, they will later rush to sell their own assets and at some point they will lose everything. That is why it would be logical to consider gambling as a temporary entertainment and conduct gambling. If someone considers gambling as an investment center, big losses are waiting for them. Even if they win big today, at some point they will lose all their assets.

Gambling certainly cannot be compared with investments, but what attracts many players is the almost instant result. A player can enter with money and in a few minutes decide its fate, whether it will be lost or not. In investments, time is needed, which many do not have, and even if they have it, they do not have the patience to wait. In addition, looking at today's Trump duties, the markets are falling, and even some impatient investors and traders may break down and take the rest of their money to gambling to try to win back, although I would call this a terrible idea.

You're correct there dude, it's just that most gamblers who really love to gamble don't think of what they often do as expenses. They don't care about that as long as their desire is fulfilled in the casino and that's because they're already controlled by their greed.

Now, as for investment for others, maybe for gamblers they see gambling as a kind of source of income, but for responsible gamblers,
their mindset is not like this of course and we know that. Therefore this is not terrible for the other gamblers.

[Frankolala]

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 invest in gambling with the hope of profit, but when my luck is bad, I face losses instead of profits. Then I consider gambling as an investment for me. If I participate in gambling to keep myself in a good mood when I am not feeling well, then I consider gambling as an expense. Because then my main purpose is just to have fun and in that case I don't consider gambling as part of the profit.

We might say that there is a saying to invest only the amount that we can afford to lose, the same saying we hear from gambling. But in investment, at least we have a bigger chance to earn a profit, which we can't find from gambling. In fact, as we go into proper budgeting. Gambling is categorized as an expense, which means that we can't expect any return from gambling because we already assume that we're going to lose this money. But in investing, there is a so-called profit assurance, and this will differentiate the two.

Investment yields profits in the long run while gambling gives you big losses in the long run, because the more you gamble, the more you lose. Whatever you put money into and lose the money is considered to be expenses on your side, because you wouldn't get the money back. Some people gamble hoping to win big and they feel that they're investing which is wrong. Such mindset can lead you to addiction.

[alastantiger]

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

Bookmakers don't care how you spend your money. All they're after is how to make good revenue at the end of the year and if that comes at the expense of some of their customers to get their life destroyed from gambling addiction, they don't care. It isn't their fault though when that happens because they didn't force anyone to gamble as much as they do but it's usually our own greed that makes us to gamble without control because we want to make more money when what we should be doing is to watch how we're gambling instead of all our focus being on only the money and not how it's affecting us. There are many disadvantages to being addicted to gambling as it also affects you everywhere. All the money that you used in funding your gambling habits has to be expenses and not an investment because gambling isn't an investment.

[Bitcoinsummoner]

Taking gambling as an investment will no doubt make you to become a gambling addict. This is because it will make you you to always run after your loses. No matter how careful you are taking gambling as investment will make you get anxious of your loses and will be eager to play to win, leading to unnecessary decisions.

Yes, that is also one key cause that contribute to some people's addiction and I believe that there are a lot of gamblers that sees gambling as an investment, as a means by which they can earn money as soon as possible and that why some of them are going to take loan from a third party that they may gamble to double the money and repay their loan but they end up being disappointed and losing the money they borrow.

Immediately a gambler go far extreme to the extent of borrowing loan to gamble, then such person has fully become a full addict that needs to visit a gambling therapist. If care isn't taken such person will soon start to sell his/her properties to gamble. People has to be very careful when it comes to gambling as most bookmakers even encourage us to gamble responsibly.

Hearing these words, a kind of painful feeling works inside me. A gambler destroys all his property, the property left by his father and grandfather, while gambling. A gambler does not have this sense of what he is doing. If he understood this, he would never do such a thing. Everyone should have proper knowledge about the dangers of gambling addiction. In my opinion, every gambler should write on his board what the consequences of gambling addiction are. For example, on cigarette packets it is written, "Amended warning: Smoking is harmful to health!"

[bakasabo]

For me, gambling is only an expense. Deposit is a payment for fun, entrance fee for entertainment. Imo this is the correct way to consider gambling if you dont want to become addicted one day. It allows to chill during gambling. A person must only come to terms with spending money and dont expect to get in return nothing but emotions.

I dont understand how come gambling be an investment. Gambling to earn? This looks like a do-to-earn concept which is a definition of a work. Or it is an investment, because both gambling and investment contain risk? I would say no to this, because investment also contains analysis, but gambling does not have it.

[Derekfunds]

I don't agree with you that there's no fun playing online, mate. For you, it might not be fun but for so many gambler there's really too much fun for them gambling online than the physical land base casino where they have to be faced with some situations that they don't like. The only reason I go to land base casino is to have fun with my friends but if not because of my friends, I rarely go there because I can just bet on my phone right at home and still enjoy the fun. Lastly, gambling is not a means to make money, if you are not willing to lose some money, don't gamble.

It depends on what you mean by fun, i don't enjoy being in front of the computer. It's a very subjective thing in my opinion and we can't all be the same. i get bored alone in front of the computer, maybe because i am not as young as you and i love human contact.
If you like it, good for you

Exactly everyone has there own view and what they see gambling as, but why going to stay in front of computer to gamble when you have your smart phone or you don't like using your phone to gamble, everything is modernized in such a way you can stay in your comfort zone and play and gamble anyhow you like instead of walking down to a gaming hall to play gamble I don't do that any longer because I have my smart phone with me. Gambling can look or be a fun if you are winning steady I mean you will be so happy and you will enjoy it but the moment loss start it will be the opposite.

[xenomorfo]

Both in gambling and investment risk are taken, analysis are made, past results are considered also there are some things common in the both of them that makes them look similar but they are not. When it comes to gambling you have a 50/50 probability of winning but in investment it depends on the level of skill and knowledge you have in order for you to get good results, so no matter what gambling can not be considered as an investment rather its an expense just like going to a game shop to play games for fun but in this game you can get financial results.

In gambling, as in card games, you cannot calculate the real probability of winning, because luck and also the emotional factor come into play. Sometimes you think you can win everything, you convince yourself that you have the best cards in trumps and then you lose miserably.
You don't know how many games of briscola i lost like this among 5 people

[GideonGono]

It feels lighter if we treat it as an expense because it’s easier to move on when we lose as from the very beginning, we already accept that the money is likely not coming back. That’s the meaning of an expense, right?

But if we treat it as an investment, we might end up spending too much time and effort trying to experiment and chase success in gambling, forgetting the reality that the chances of long-term success as a gambler are very slim.

Well said, I also feel the same way.
Let's just say that it would depend on the outcome, I would consider it as expense when I lose, so it would be easier to accept, then consider it as an investment when I win.

[Pandorak]

I consider it an expense. With investments, you have a small “guarantee” of return, even though it is risky, there are ways to guarantee your investment. In Brazil, we have the FGC (Credit Guarantee Fund), which, in the event of bankruptcy of the company in which we invest, returns a certain amount (the limit is R$250,000, converting at the current dollar rate, this is approximately $44,000). If your investment is smaller, you will not lose anything. What guarantee does gambling give you? In my opinion, it cannot be seen as an investment.

What you said is a very good analogy, in this case it is different from my country, here investment sounds still common, people think it's a fraud mechanism just because there are some influencers who try to take advantage of people's ignorance for personal gain, until some people are traumatized by the term investment, so far most think gold is a real investment.

And the crazy thing is, online gambling has become something commonplace here, many have become addicts to the point of selling goods, even in some cases theft due to the need to gamble.

[CroverNo01]

Both in gambling and investment risk are taken, analysis are made, past results are considered also there are some things common in the both of them that makes them look similar but they are not. When it comes to gambling you have a 50/50 probability of winning but in investment it depends on the level of skill and knowledge you have in order for you to get good results, so no matter what gambling can not be considered as an investment rather its an expense just like going to a game shop to play games for fun but in this game you can get financial results.

Who's caring about our losses? It will only take a moment, probably some few days to sort ourselves out and stand once again at the top. Why feeling remorse about the system? We can become formidable with our stand out game strategies, and deploy them because we're sick and tire of losing, time to turn things around for my own good. There's more specific risks in the system, we should be careful with our dealings in the system. This is the part where we get optimistic and forwarding our concentration on the things we benefits from.