do you consider what you gamble an expense or investment?

[Slow death]

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

I've heard many cases of people who were not able to get it right in games with high odds and for that reason they started betting on games with very low odds, something like @1.10 odds, but these people gave up after a long time because they realized that it was not profitable to place bets with low odds.

I believe that even if your friend had not gone All In, over time he would have realized on his own that placing bets with very low odds is not profitable in the long run. Even if he also placed bets with high odds he would also lose in the long run. Everyone realizes this at the end of the day.

[nara1892]

Anything that does not have clarity regarding its benefits in my opinion is not worthy of being considered an investment, gambling is about chances or probability, there is no certainty or even any guarantee that you will win at the end of the game, the point is gambling and investment are two different things, the only similarity here is in terms of profit but clearly in gambling you will only profit if for example you are lucky and it is always unknown when it will come. This means that I consider the funds I allocate to gambling as expenses and from the start I have considered it lost or have no hope of winning.

[tread93]

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

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

[TheUltraElite]

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

It is never an investment in reality but people start with the mindset that they will make money and make the long standing casino bankrupt in one day (or night). Foolish thought but with a false sense of confidence it seems to be right when applied at that moment.

The casino will be winning no matter what you do as long as it is legally done. Hence the quicker you accept that you will lose your wagered money the better because the vicious cycle of losing and chasing losses to losing more starts very quickly.

Truely it is a personal expense spent on fun and games.

[tread93]

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

It is never an investment in reality but people start with the mindset that they will make money and make the long standing casino bankrupt in one day (or night). Foolish thought but with a false sense of confidence it seems to be right when applied at that moment.

The casino will be winning no matter what you do as long as it is legally done. Hence the quicker you accept that you will lose your wagered money the better because the vicious cycle of losing and chasing losses to losing more starts very quickly.

Truely it is a personal expense spent on fun and games.

Yes there is probably a forbidden Indian gambling science i suppose that is probably what is buried under DIA airport in Colorado not just an ancient Indian burial ground lol. In all seriousness it is pretty ridiculous of anyone to think they can out bet the casino at their own game. I wonder what their profits look like YoY.

[Lanatsa]

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

It is never an investment in reality but people start with the mindset that they will make money and make the long standing casino bankrupt in one day (or night). Foolish thought but with a false sense of confidence it seems to be right when applied at that moment.

The casino will be winning no matter what you do as long as it is legally done. Hence the quicker you accept that you will lose your wagered money the better because the vicious cycle of losing and chasing losses to losing more starts very quickly.

Truely it is a personal expense spent on fun and games.

The only time on which gambling could that become an investment is on the time that you are the house itself, or you have invested on gambling sites bankroll and getting a % of the revenue of a specific duration.
If we do pertain about being a gambler then there's no way that you can call it an investment and thats why we can say that this would be rather that an expense on which its recommended that you should be mindful about on the spending that you are making use with gambling and always be considerate about on having that limitation or making use of the amount on which it is extra or something that you can afford to lose. Never find yourself going excessive because this is where gamblers do usually messed up their lives just because of too much engagement without having that proper self control. Gambling is never been that considered as an investment if you do make use of your funds on playing on the casino or house itself. The only way that it could be an investment when you do invest on the bankroll itself.

When making up some budget allocation for gambling activity then its a must thing to consider. You cant just that lavishly spend out just because you do have money and to think that there's no such thing about unlimited funds on this world and no matter how rich or wealthy you are on which if you do came up with having no good control about your spending, then sooner or later on which there's that possibility that you have already that messed up your life just because you had mismanaged up yourself into those funds on which you should have supposedly have done it earlier.

[Hispo]

Anything that does not have clarity regarding its benefits in my opinion is not worthy of being considered an investment, gambling is about chances or probability, there is no certainty or even any guarantee that you will win at the end of the game, the point is gambling and investment are two different things, the only similarity here is in terms of profit but clearly in gambling you will only profit if for example you are lucky and it is always unknown when it will come. This means that I consider the funds I allocate to gambling as expenses and from the start I have considered it lost or have no hope of winning.

Even though I completely agree with you and your perception of gambling money to be rather an expense and not an investment, I would like to point out that within the world of investments there are also risks, actually there are investments which are considered and labeled as "high risk" investments which do not have anything to do with casinos or gambling but still there is a chance to get negative profits out the initial capital.
The only thing separating gambling from investing is the degree of risk involved in the transaction and the possible outcome of the money being put in the first place.
That is why it is possible to "gamble" in brokers and cryptocurrency exchanges, by stepping up the risk, the futures market is a good example of it.

[nara1892]

Anything that does not have clarity regarding its benefits in my opinion is not worthy of being considered an investment, gambling is about chances or probability, there is no certainty or even any guarantee that you will win at the end of the game, the point is gambling and investment are two different things, the only similarity here is in terms of profit but clearly in gambling you will only profit if for example you are lucky and it is always unknown when it will come. This means that I consider the funds I allocate to gambling as expenses and from the start I have considered it lost or have no hope of winning.

Even though I completely agree with you and your perception of gambling money to be rather an expense and not an investment, I would like to point out that within the world of investments there are also risks, actually there are investments which are considered and labeled as "high risk" investments which do not have anything to do with casinos or gambling but still there is a chance to get negative profits out the initial capital.
The only thing separating gambling from investing is the degree of risk involved in the transaction and the possible outcome of the money being put in the first place.
That is why it is possible to "gamble" in brokers and cryptocurrency exchanges, by stepping up the risk, the futures market is a good example of it.

Of course, investment also has risks, as you said, logically there will be no chance of making a profit if it does not involve any risk and that applies to many other things, and for the percentage of risk it depends on the type of investment you choose, crypto and stocks are one type of investment that is quite high risk.

In the context above, it is certainly not ideal to compare investment with gambling, gambling has a very high risk, almost 100% and the chances are 50-50, the point is it cannot be predicted while in investment the risk is much more measurable and can still be managed.

[mak013]

Anything that does not have clarity regarding its benefits in my opinion is not worthy of being considered an investment, gambling is about chances or probability, there is no certainty or even any guarantee that you will win at the end of the game, the point is gambling and investment are two different things, the only similarity here is in terms of profit but clearly in gambling you will only profit if for example you are lucky and it is always unknown when it will come. This means that I consider the funds I allocate to gambling as expenses and from the start I have considered it lost or have no hope of winning.

Even though I completely agree with you and your perception of gambling money to be rather an expense and not an investment, I would like to point out that within the world of investments there are also risks, actually there are investments which are considered and labeled as "high risk" investments which do not have anything to do with casinos or gambling but still there is a chance to get negative profits out the initial capital.
The only thing separating gambling from investing is the degree of risk involved in the transaction and the possible outcome of the money being put in the first place.
That is why it is possible to "gamble" in brokers and cryptocurrency exchanges, by stepping up the risk, the futures market is a good example of it.

Markets are manipulated. Just look what Trump is doing. As result - you have the same chances in the gambling and in the investment - both times you can`t guarantee the result. The difference is in the tools that we have.
And nowadays, looking at my stocks and bonds prices i can`t say that gambling fucked me the like market.

[Oluwa-btc]

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 they are two different things regardless they should be treated differently and likes of me you can't consider what you gamble as an investment cause ij a clearer understanding we all know what an investment is and the money you gamble with csn be used for that purpose but it can be taken to be an expenses cause the money tend to go out of your hands with no room of returns, which is to say the chances of getting it are slim. So what I gsmvke with is an expense not an investment.

[skarais]

~~~

Definitely they are two different things regardless they should be treated differently and likes of me you can't consider what you gamble as an investment cause ij a clearer understanding we all know what an investment is and the money you gamble with csn be used for that purpose but it can be taken to be an expenses cause the money tend to go out of your hands with no room of returns, which is to say the chances of getting it are slim. So what I gsmvke with is an expense not an investment.

I agree with you, of course the budget used for gambling is an expense where the budget is spent even though gamblers may still win more than they bet. Investment includes too many aspects in it and gambling is really different. I will not gamble for the purpose of multiplying money and I cannot set long-term targets on gambling. Although both are risky, investment is a form of long-term planning to get returns from growth assets.

I don't care how someone views gambling, they may be responsible for their own decisions. Gambling and investing are different, they cannot be considered the same even though the risk of losing money can be a consequence of both.

[2Pizza410000BTC]

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.

We know that gambling should be done with money that you can afford to lose, which means that there is a guarantee of losing in gambling but no guarantee of winning. If there is no guarantee of winning in gambling, there is a guarantee of losing, then how can you consider making money from gambling as an investment? I can never consider a gambling platform as an investment because the money that is being deposited here and used for gambling can be lost at any time, there may be no return here, and even if there is a return, then later by participating in gambling again, you can lose more money along with that money, so this platform based on luck should never be considered 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.

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.

We know that gambling should be done with money that you can afford to lose, which means that there is a guarantee of losing in gambling but no guarantee of winning. If there is no guarantee of winning in gambling, there is a guarantee of losing, then how can you consider making money from gambling as an investment? I can never consider a gambling platform as an investment because the money that is being deposited here and used for gambling can be lost at any time,

Yes, I strongly agree with you on what you just said above regarding how a money used in gambling shouldn't be categorized as a investment, due to it's money losing factor, whereby there is no guarantee of winning at all times, because for me, money spent on gambling is meant to be categorized as expenses, simply because it offers no guarantee of return of investments, and could ask of be seen like a money spent on buying either a movie ticket or coffee, whereby you are likely to either love the movie at the cinema or not, likewise the coffee, simply because it's outcome are not always guaranteed. So in a nutshell, money spent while gambling is an expenses.

[LUCKMCFLY]

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

I agree, sometimes people or players do not have the concept of expense and investment, sometimes they believe that playing in a casino is an investment because there is a possibility of winning, but it is not like that, there are many things that imply investment, among them ROI, that is why even to play in a casino you should know a little about economics so as not to lose money.

[tread93]

As a personal expense is really the best way to look at it since it is not guaranteed and there is no way of getting any kind of predictible ROI or cash back figure you can show. The odds of you losing due to gambling are also factored in ususally as being pretty high for the most part, right? I guess it sure does feel like an investment paid off though when you do win.

I agree, sometimes people or players do not have the concept of expense and investment, sometimes they believe that playing in a casino is an investment because there is a possibility of winning, but it is not like that, there are many things that imply investment, among them ROI, that is why even to play in a casino you should know a little about economics so as not to lose money.

Yeah just because you play in a casino it doesn't increase your chances of winning. I wonder what the accurate win/lose percentage is for a given casino and given game. I'd be interested in seeing what the winning percentage is, I'm sure it's higher than the losing.

[passwordnow]

Those that treats gambling as a business, they'd consider their money here as an investment but that's a wrong mindset. It shouldn't be. Because what mostly gonna happen to their gambling money are going to lose so, if it's an investment to them they're mostly going to lose them. If we treat it as an expense then it's gone and there is no need for us to assume that we'll take it back being an investment. So, for someone who's matured enough to this market, there is no way that you'll treat it as an investment unless you're not going to change your mind despite the wrong assumption that you're doing. It's not going to work like that and you'll stuck into that thinking wrongly.

[LUCKMCFLY]

Yeah just because you play in a casino it doesn't increase your chances of winning. I wonder what the accurate win/lose percentage is for a given casino and given game. I'd be interested in seeing what the winning percentage is, I'm sure it's higher than the losing.

It would be interesting to see, but seeing that they don't Publish things like this it must be because there are numbers that could turn out to be very exorbitant , Because that is always kept secret not only because of Skepticism but for Security , but it is a fact that there is a lot of interest from many people to enter this business and be casino Owners , because the profits and all of their entries must be large , therefore it is a profitable business if everything is kept in Order.