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.

[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?

[boyptc]

Gambling =! investing

I understand that the old fashion way of thinking is they consider the actual gamble as an investment. You tell them that it's not and they'll give you all of their time explaining that it is.

I think let them believe what they want to believe. I am done with those arguments that you'll never win for the false belief they have.

No matter how good and concise your explanation to them about the difference of it, they're not going to acknowledge it.

[bangjoe]

Your illustration in explaining investment in bitcoin is enough to be included in the investment criteria for a value that has the ability to grow in a short and long term time span.
In theory and the mechanism of gambling with investment is clearly different, although not a few people who gamble on investment assets such as binary options with bitcoin assets or other assets as a tool to be risked in guessing the price at the specified minute.

Your friend should be given special awareness about this because it would be a profound misunderstanding and would be misguided if your friend spread it to others.

[Yeesha]

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.

Gambling cannot be described as investment, because it is very obvious that they're two different things. They both have similarities but still doesn't make them the same thing, because they also have several differences. The rate of risk in gambling is very high and it doesn't have any preventive measures or suitable strategies. Investment has a good structure despite containing loss and win. The description is understandable especially for investors who are highly skilled, educated and responsible. Gambling has nothing much to offer except anxiety, frustration, stress and depression. Investment can sometimes be scary but they are better days ahead.

[Frankolala]

How can you call a game of random numbers and investment, anyone that thinks like this doesn't understand what gambling is for. You need luck to win and majority of gamblers run at loss in the long run because that's how the system is designed. Therefore, you cannot make profit from gambling based on your experience but you can make profit from your bitcoin investment when you have the experience of how to go about it which is buy at the bear market and sell during the bull run.

[uneng]

Gambling isn't an investment and people promoting this as such are deluding the public into believing a concept which isn't true.

When you invest, you are putting your money into something real, which exists and have a real value attached to it, like assets. In gambling, you are putting your money into a potential outcome which may come true or not. There aren't real products involved.

Add it to the mathematical formulas casinos use to offer odds to players and to stipulate their house edge, and you have total guarantee you are definitely going to lose money the more you gamble. That is definitely not an investment category.

[Awaklara]

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.

Make sure your coworker isn’t drunk when saying that. He thinks all the money spent on gambling will come back as a huge win someday. Maybe he thinks gambling platforms are banks to temporarily keep his money, and when the time comes he can take it all. Honestly, that statement is funny and doesn’t make any sense. I also gamble and trade, but I can still think rationally about stuff like this.

[Jaweria parveen]

Many people call it a religion because they do not see anything as a religion. If they see it as a religion, then it cannot be called a capital, but some people consider it a capital and they use it for their future life. Although if it is considered wrong, then the money earned by the wrong way will also be wrong, so some people walk very carefully and look at everything so that they get halal money in their hands. The money that is with gambling can be taken out in many ways, but that money is not a religion. Some people have been able to make a lot from it and some have lost a lot from it. If some people see it as a religion, they believe that when this money comes, it is accumulated and it also comes out twice as much. Therefore, the money that is earned by the wrong way is always wrong, so money should be earned with hard work and efforts and its taste is also pure.

[Oshio-man]

I think he or she make a good point if truly he or she have the gambling knowledge, some of the traders that is making their winning higher than their losses have the trading tactics and some can refer the trading as an investment because they are making what they want from investment in that trading, which is the reason some gamblers are referring it as an investment, we know that gambling has risks but if you can take the risk with amount you can afford to lose, I think it will make you to like crypto trading.

[SOKO-DEKE]

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.

Whenever I see someone trying to claim that gambling is an investment, I always feel maybe they don't know the meaning of investment, and that is the reason why they are trying to take gambling as an investment. Because anyone who knows the meaning of investment and gambling cannot come up and claim that gambling is also an investment.Gambling is really different from investment. The risk involved in gambling is much higher than the risk involved in investment. In fact, we can't even compare the two risks. Investment is simply the buying of assets with the aim of increasing their value. Even when an asset someone has invested in does not increase in value, the person still owns the asset. It is only the value that changes. However, gambling is about either losing or winning at once. So, it is clear that gambling can never be an investment

[Jegileman]

Gambling is not an investment and should never be regarded as one. The pattern at which gambling operates is very different from how an investment works. You can’t invest into something that your expected ROI is based on 50/50 and your risk are so high that you can’t contain them when the losses come. Gambling is more better putting into the category of side hustle, rather than it being called another means of income. Gambling is a game of luck, and for that reason that you can’t learn from past losses in gambling, it is not befitting to be called an investment properly.

[Issa56]

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.

How will you say gambling is an investment? It’s really funny to be and I don’t even know the kind of mentality some people are having, or maybe your colleague is just addicted to gambling, and he wants to prove that what he is doing is right. I don’t even know how someone will seat and will start thing gambling is an investment.

If you are gambling, just do it with any amount of money which you can afford to lose, and don’t gamble beyond your limit. Make sure you are always having a gambling budget, and don’t always exceed your gambling budget whenever you are gambling. People like your colleague are the set of people that are always misleading most gamblers, they are always encouraging people to keep on gambling with big amount of money which is wrong.