do you consider what you gamble an expense or investment?

[xenomorfo]

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.

I agree with you. Even though i prefer not to gamble, i understand that everyone has their own way of seeing things. Personally, i find it better to play with friends or other people, i like human contact.
I understand that everyone has their own tastes, maybe you like to be left alone to do your own thing

[mak013]

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.

How you call your investment when it fall down in such way?

I can give another idea. Why we decided that expense is only money? First of all we spend time - the only resource we can`t get back.
In such way calculation becomes much difficult. I can spend 20 minutes after a hard day in slots or i can spend all the day trying to get $10 with my investment. In slots i lose money but rest, in investment i lose all the day to get $10. What is more expensive in such situation?

[leonair]

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.

The amount of money I will use is a kind of investment that I will get fun from. By investing, I will get Fun as a return. Again, if I am lucky, I can get a very big money as return. So the money that is used in gambling can be a kind of investment. Expenses are those where you do not get any return on the money spent. Since there is no guarantee of anything from gambling, many people do not want to consider it as an investment. However, I think it is definitely an investment.

[asyakashi]

Don't think of gambling as an investment, because there is no guarantee that your investment money will return ,
I will consider the money that goes into gambling as a personal expense, so I don't really expect the money to come back to me

[LUCKMCFLY]

Don't think of gambling as an investment, because there is no guarantee that your investment money will return ,
I will consider the money that goes into gambling as a personal expense, so I don't really expect the money to come back to me

It is a good thought, in fact in some bets when there is enough luck, then the person wins and multiplies his money, if it usually happens, not all the time is lost, but it is good that the money that one has dreamed of betting is taken as if it were lost, only in this way there will be no regrets nor will there be any type of loss of control in our finances, those who say that betting is an investment have their economic concepts very wrong.

[Wonder Work]

Don't think of gambling as an investment, because there is no guarantee that your investment money will return ,

Gambling money cannot be considered an investment because an investment is something from which you will get a return later. In gambling, there is no guarantee that you will win or not. Where there is no guarantee, it cannot be considered an investment. Can gambling money be regarded as our daily expenses? For this, the money used while gambling should be viewed as an expense, not an investment.

[CryptoHeadlineNews]

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.

And on the contrary, gambling can not be called an investment, simply because it involves taking a risk with money whose profit or return of investment no guaranteed, unlike investment made in the likes of Real estate, gold and Bitcoin whose profit are 100% fully guarantee within a long run. And as such, money spent during gambling are meant to be categories under expenses, despite the fact you stand the chance to double or triple whatever amount been staked when you are lucky enough to win. Because money spent while gambling is totally not different from money use in buying a movie ticket, since it's outcome are usually not always guarantee. As invested money is something whose profit is meant to grow within a long-term.

[TheUltraElite]

Gambling money cannot be considered an investment because an investment is something from which you will get a return later. In gambling, there is no guarantee that you will win or not. Where there is no guarantee, it cannot be considered an investment. Can gambling money be regarded as our daily expenses? For this, the money used while gambling should be viewed as an expense, not an investment.

Definitely not an investment but a risky bet compared to a investment. We all are taking bets in everything, this one just stands out to be a risky one with minimum chances of getting back the capital.

It can be a big expense for those who are regularly gambling and still living in a net loss, which is like 99% of the gamblers and for them the casino is getting rich.

Daily expense indeed for the regulars, monthly or yearly for the tourist gamblers.

[casinosfyi]

Gambling is not an Investment!

Gambling involves risking money, with uncertain outcomes that largely rely on chance. Unlike a long-term wealth-building strategy, gambling is a momentary win-or-lose endeavor.

Essentially, it is a high-risk activity with a negative expected return.

In comparison to financial investing, gamblers face unfavorable odds. A single poor bet can lead to significant losses.

Although professional sports gamblers may employ risk management strategies, such as analyzing players and teams or observing betting trends, the average gambler lacks effective loss protection.

While gambling can offer substantial rewards, these are typically short-lived and lack the stability associated with traditional investing.

[KiaKia]

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't say it's expenses or investments, to me it's leftover money that I use to exchange for fun, expenses don't yield anything back to the spender, it is something you must do if you have responsibility or to even survive in this world today some expenses have to be met.

Investment is buying some shares of an asset and hold them till they appreciate in value for more profits in the future, too far away from the meaning of gambling, they are not the same.

Gambling is a high risk play, I accept this fact and take it very serious which makes me surrender that having fun with gambling is better than taking gambling too serious like you would do with your stock assets.

[gunhell16]

Don't think of gambling as an investment, because there is no guarantee that your investment money will return ,
I will consider the money that goes into gambling as a personal expense, so I don't really expect the money to come back to me

You are correct on this, In investment because when we have a deep understanding of this category scheme, we invest in something or an opportunity because we know
and are sure that there will be a return on the percentage average of the capital that we will use.

While in gambling like what you said dude, don't expect that there will be a return on the fund that you put into the casino, whether offline or online, expect that it will go to the casino
and this should be the mindset of all gamblers.

[LUCKMCFLY]

Investment is buying some shares of an asset and hold them till they appreciate in value for more profits in the future, too far away from the meaning of gambling, they are not the same.

Therein lies the answer, gambling is not an investment, gambling will always be an expense, something that we should not romanticize as an investment, the word itself is one, gambling is basically an expense, a risk where there will be no ROI, unless there is very good luck, and that does not always mean winning more than what was bet.

[Beparanf]

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 know why someone will consider it as an investment while gambling is not a financial tool to gain income. Gambling doesn’t promise returns rather a chance only of profit if you get lucky unlike the typical investment that has returns percentage if you put your money on it.

Gambling is definitely an expenses, a luxury expenses because it always costly due to the high possibility of losing due to house edge.

I believe it’s only few number of gambler that manage to be in profit with their overall betting.

[Mpamaegbu]

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?

Gambling is a game of chance with its outcome dependent on luck. Let's be clear on that. So, having that in mind it won't be that wise to class any money one spends gambling as an investment. It's like banking on something that one can't really predict. That's not how investment works. I see whatever that's spent on gambling as expenses, and rightly so too.

[mak013]

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?

Gambling is a game of chance with its outcome dependent on luck. Let's be clear on that. So, having that in mind it won't be that wise to class any money one spends gambling as an investment. It's like banking on something that one can't really predict. That's not how investment works. I see whatever that's spent on gambling as expenses, and rightly so too.

So why we still think that trader is a profession? It is the same with gambling. He tries to predict result and get some profit with it. Of course, i`m talking about sport betting, it is predictable and we can calculate something. Not 100% of course, but it can be enough to get profit. Random games is only expense, even if we sometimes win.

[danherbias07]

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?

Gambling is a game of chance with its outcome dependent on luck. Let's be clear on that. So, having that in mind it won't be that wise to class any money one spends gambling as an investment. It's like banking on something that one can't really predict. That's not how investment works. I see whatever that's spent on gambling as expenses, and rightly so too.

So why we still think that trader is a profession? It is the same with gambling. He tries to predict result and get some profit with it. Of course, i`m talking about sport betting, it is predictable and we can calculate something. Not 100% of course, but it can be enough to get profit. Random games is only expense, even if we sometimes win.

I disagree. In trading there somehow a safety pin to avoid losing it all. The market moves but it doesn't go all the way down to zero in an instant. A trader could still save his money if he knows what he is doing. Alarms and notifications will really help in this situation.

Gamblers on the other hand doesn't have this kind of features to help them save their money. The cashout button doesn't work when the team you are betting for is losing. It only works when you hit your bet and want to pull out early to avoid losing it in case the results changes while there is still time left
So I think there's a big difference.

[benalexis12]

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 look at gambling as an investment, it's too far to say that it's also an investment scheme. We all know that gambling is a place if you want to waste money even if we say we just want to have fun. Because at the end of the day the majority of players in the gambling industry communities are losers.

In gambling there is no guarantee that you will generate income, compared to investment there is a guarantee if we know how to choose the right investment.

[mak013]

So why we still think that trader is a profession? It is the same with gambling. He tries to predict result and get some profit with it. Of course, i`m talking about sport betting, it is predictable and we can calculate something. Not 100% of course, but it can be enough to get profit. Random games is only expense, even if we sometimes win.

I disagree. In trading there somehow a safety pin to avoid losing it all. The market moves but it doesn't go all the way down to zero in an instant. A trader could still save his money if he knows what he is doing. Alarms and notifications will really help in this situation.

Gamblers on the other hand doesn't have this kind of features to help them save their money. The cashout button doesn't work when the team you are betting for is losing. It only works when you hit your bet and want to pull out early to avoid losing it in case the results changes while there is still time left
So I think there's a big difference.

You can cash out, when you see that something goes wrong. Of course not every moment, and not when it is too late, but often you have such opportunity. Also, you can try to hedge your bet. I can`t say right now how to use it like traders use stop-loss, but i think that it is possible to calculate how to get something like it.
Anyway it is tool and tools differs because it is different "markets" with different rules.

[rachael9385]

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.

Expense. I swear anyone who thinks it's an investment needs to go see a therapist because they need some help lol. And no, it's not just simple expense, it's just a sub section of that mainly expenses used to have fun and enjoy yourself. Gambling should NOT be anything more than that. Well I guess it can be, but only if you're filthy rich. If not just let it be like that lol

There are people who actually think it's an investment because they are being deceived by others. It's just like someone I know that told me that he had a means of getting sure odds of 1.15 daily and he told me that it's hundred percent sure, he considered this an investment and he went all in. He staked huge amounts of money getting back just little profits this made him very sure of it and overconfident until he ended up losing a huge amount of money. Gambling will always be an expense no matter how sure it might seem

[DaNNy001]

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.

It’s always an expenses since gambling is a source of entertainment not a financial tool so there’s no way it can be considered as investment or else this is a very risky investment that can be considered as meme coin investment and so on.

Gambling games has a house edge that is high enough to make players successful in the long run.

Investment gives you flexibility and fixed profit with less risk while gambling is purely based on luck which means there’s no certainty that you will actually have profit.

The house edge in gambling is the main reason why I will always treat gambling to be an expense and wether you win or not..This is my Mental construction of it.. you can't make profit from gambling at the long run so even if you are winning it would still be a big expense to you...only a desperate gambler would see gambling as an investment,  a responsible gambler can't think like that.