Is gambling also referred as investment?

[DPHOR]

Have a colleague at work place who keeps saying that gambling is also investment that in gambling whatever amount you use to gamble can actually yield back the results, he emphasize on that if you are gambling you should do the best to use a better amount to place your bet so that if you win then you gonna have good pay out.

I paused a bit, while something was ringing in my head that if this dude was joking or if he truly understand what Gambling is. Of course I didn't agreed with him because I know gambling is never investment but a game of entertainment and having fun. Whatever above this is never regarded as an investment rather being too open to be deceived.

In other hands, investment is different from gambling, let say if uses specific amount to buy Bitcoin worth of 100$ and if market drops the investment decreases by dollar equivalent but the fractions of my Bitcoin remains the same till the market took back its place or even move above expected price and I could likely sell to have my profit whereas, I can also hold for longer time as I wishes. But on the contrary, if you uses same amount to gamble when you lose it there is no way to get it back and there is no possibility of winning, in fact the chances are 50/50 base.

Is he right from what you think?

[Davidvictorson]

Have a colleague at work place who keeps saying that gambling is also investment that in gambling whatever amount you use to gamble can actually yield back the results, he emphasize on that if you are gambling you should do the best to use a better amount to place your bet so that if you win then you gonna have good pay out.

I do not think that gambling is an investment unless you are the gambling operator.
But if your friend sees it as an investment for him, who are we to dispute that...he may have gotten some realization or "enlightenment", that we are yet to catch on to.
Unless you are gambling as your main source of income, that is full time, do not bet any amount that you cannot afford to lose.
Overall, gamble responsibly and create your own gambling philosophy so you don'y get confused with other people's opinion about gambling.

[Orpichukwu]

The person is wrong for thinking that, especially on the aspect of seeing gambling as a place to multiply your money. We take risks to invest money in something, but the risk is not the same as gambling. Gambling has more risk. Taking some points from the example you gave, if you invest in something, even if its value drops, there is more chance of it increasing over time than the chance you have to recover lost money in gambling, looking at gambling as an investment is a wrong way to view it.

[PX-Z]

I don't consider gambling an investment. An investment is expected to generate value over the long term, while gambling is, most of the time have negative return because the odds favor the house.
Its better treated as entertainment rather than an investment, although im not favor of calling it entertainment since gambling will really suck your money up if you dont have discipline.

[GreatArkansas]

I don't agree with your colleague, OP.
Investment for me is not like this; investing for me is putting your money where you expect real value over time, like a business or an asset that produces something along the way..

As I believe (others too) Gambling always built to favor the house, so the longer you play, the more you lose on average.

[Sonia_123]

All you have to do is to keep using dca strategy to continuously ongoingly buying bitcoin with your discretionary income in other to make the purchase easy without stress of any kind that will affect buying bitcoin. Buying and accumulating and hold on for a long-term without selling  at any point in time no matter ,

[PostQuantumBTC]

Gambling is not an investment and this is not even a matter of an argument or a debate, just tell him to make use of search engine like google search engine or AI to search about it online. I have not searched for it online but I know what the result will be and how both will let him know how risky gambling is and how it is not an investment.

[MrEazyLife]

Depending on the aspect you’re viewing it from. There are people who through gambling have made it in life. Some through the profit they made in gambling. Have invested in other businesses, most have gambling plans on what to do with the profit. They don’t place a bet above their earnings. Through which the money they’ve invested have earn them more money.

While on the contrary, you can necessarily see it as a sure way of investing your money, because there’s no guarantee of getting back the money you’ll lose, unless luck is by your side…


However for me personally bitcoin is more sure way to invest. Even when the market isn’t favorable, with patience you will surely get your investment back with lots of profit. So are other legit ways to invest money rather than in gambling.

[khatarnak]

if you uses same amount to gamble when you lose it there is no way to get it back and there is no possibility of winning, in fact the chances are 50/50 base.

"It is 50/50 because you either win or lose" is the most dangerous math ever invented. 😂
By your logic, every lottery player is a financial analyst.
Gambling is not investment, but understanding odds is a real thing.

[lovesmayfamilis]

Gambling will certainly be an investment of the one who owns it, namely for the casino. Just calculate the gambling profits of the owners, and what can they do with this profit? Naive people like this man☝️, who accepts gambling for good investments, are just replenishing the coffers of other investors. It has been said many times that you cannot hope for a win, for a guaranteed win, in gambling; rather, you will lose everything you hold in the idea of "investing." But by investing steadily, without wasting on emotions when the market falls, you will still be in profit. Is this possible in gambling?

Why is this topic in the trade section?