Is gambling also referred as investment?

[Sally9256]

Anything that can make you money comes with risk, business and investing included. But those risks can be worth taking, because with the right knowledge, and experience and risk management. You still have a shot at making a profit. Gambling is different story. The house usually has the edge, players have little chance of coming out ahead, no matter how hard they try.

So putting them side by side is comparing apples to oranges from the get-go.
No offense to anyone who treat gambling as a source of income or an investment but they clearly lack basic financial literacy.

Well you're not wrong but I will say gambling is very close to trading in terms of chances of making a profit because of the nature of it. Just as gambling requires luck trading also require luck and their chances are almost 50/50. For trading with the right knowledge and experience you can increase the probability even though the market fluctuates in a way that makes predictions difficult. For gambling it's just a little bit different in this aspect, having the knowledge and experience can be helpful but not really much.

All being mentioned carries risks in their own way and you need to take the risks to gain anything from it. It is said that risk takers are the most successful people.

[Bityar]

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.

Is he right from what you think?

Your colleague is completely wrong as gambling and investments are two different things. In Investments you invest money in some assets like bitcoin or shares. If market goes down or drop temporarily you will have exactly the same shares and and if the market goes up or high so you can recover your profit so in investment you have a full control and also you have a chance of thinking about long term.

On the other hand gambling is fully based on luck and chance so if you lose money one time so it will finished forever. There is a 50 50 ratio of winning and also people loss badly so that means that your friend is joking or he didn’t even know about financial things. We should avoid gambling because gambling have also some bad effects on our life. Gambling can cause people to lose all their hard earned money very quickly.

[Smack That Ace]

Your colleague is completely wrong as gambling and investments are two different things. In Investments you invest money in some assets like bitcoin or shares. If market goes down or drop temporarily you will have exactly the same shares and and if the market goes up or high so you can recover your profit so in investment you have a full control and also you have a chance of thinking about long term.

On the other hand gambling is fully based on luck and chance so if you lose money one time so it will finished forever. There is a 50 50 ratio of winning and also people loss badly so that means that your friend is joking or he didn’t even know about financial things.

Not quite. You don't have full control in investing. You only control when you buy and sell, not the market. Prices don't always bounce back, and you can lose most or even all of your capital.

Like plenty of people already pointed out, the difference is in the nature of the activity itself, not just whether you can make or lose money.

We should avoid gambling because gambling have also some bad effects on our life. Gambling can cause people to lose all their hard earned money very quickly.

Gambling isn't something we should encourage, but saying it always harms people's lives is going too far. Depends on the player. If you gamble in moderation and just for entertainment, it's harmless.

[JoyceBTC]

First I don’t think gambling should be considered an investment. When you invest in things like stocks, bitcoin or even real estate, I think in the long run there is a possibility that you get profit but when it comes to gambling it a different case. So it never okay to see gambling as one’s main source of income, you will need a source of income to keep funding your gambling.


We have seen people lose their way in gamble, they end up selling personal stuffs to fund their gambling. So having gamble as the only or main source of income is not just good. Get something going and gamble for fun or at least as an alternative source of income.

Yes. Gambling really can't be equated with investing. In investing as you mentioned, there is indeed a chance for long-term growth in value. Whereas gambling entirely depends on random chances where the house always has a mathematical edge. So making it your main source of income almost certainly leads to losses and can even drive you bankrupt.

That's why it's very important to develop a different mindset between the two. We should view gambling as entertainment or a side activity funded by other income, so the risks are more manageable. On the other hand if you treat it as an investment it often pushes someone to gamble more aggressively, and they might unconsciously sell personal assets and fall into a debt spiral. So, always prioritize stable sources of income and treat gambling just as entertainment with strict limits.

Investment and gambling are definitely two different things and I think everyone thinks of gambling as a bad thing at first. But be it for entertainment or any other purpose, once someone starts gambling, they can't get out of it for some reason. Whether they gamble regularly or occasionally, their gambling habit remains and in this case, a large part of their monthly income is lost in gambling. Some people lose their entire income and even take loans to gamble. And this kind of activity makes people reluctant to invest. At that time, they get scared and think of investment and gambling as the same risk. It is actually a psychological thing. This thought comes automatically to people when someone gets involved in gambling.

Gambling isn’t bad at all, be it for the entertainment or profit, everything just depends on the player, how well they are able to manage their funds while doing it. If they gamble in an irresponsible way then it becomes bad. For the part where you said once someone starts gambling they can’t get out of it, isn’t true. Someone can decide to quit or stop gambling in as much as they are not addicted to it and they know what they are doing. It must have been taking a large part of their income over time and they decide there is no need to continue gambling and stop and decide to invest their money in something better but in no aspect should gambling be considered as investment.

[leonair]

First I don’t think gambling should be considered an investment. When you invest in things like stocks, bitcoin or even real estate, I think in the long run there is a possibility that you get profit but when it comes to gambling it a different case. So it never okay to see gambling as one’s main source of income, you will need a source of income to keep funding your gambling.


We have seen people lose their way in gamble, they end up selling personal stuffs to fund their gambling. So having gamble as the only or main source of income is not just good. Get something going and gamble for fun or at least as an alternative source of income.

Yes. Gambling really can't be equated with investing. In investing as you mentioned, there is indeed a chance for long-term growth in value. Whereas gambling entirely depends on random chances where the house always has a mathematical edge. So making it your main source of income almost certainly leads to losses and can even drive you bankrupt.

That's why it's very important to develop a different mindset between the two. We should view gambling as entertainment or a side activity funded by other income, so the risks are more manageable. On the other hand if you treat it as an investment it often pushes someone to gamble more aggressively, and they might unconsciously sell personal assets and fall into a debt spiral. So, always prioritize stable sources of income and treat gambling just as entertainment with strict limits.

Investment and gambling are definitely two different things and I think everyone thinks of gambling as a bad thing at first. But be it for entertainment or any other purpose, once someone starts gambling, they can't get out of it for some reason. Whether they gamble regularly or occasionally, their gambling habit remains and in this case, a large part of their monthly income is lost in gambling. Some people lose their entire income and even take loans to gamble. And this kind of activity makes people reluctant to invest. At that time, they get scared and think of investment and gambling as the same risk. It is actually a psychological thing. This thought comes automatically to people when someone gets involved in gambling.

Gambling isn’t bad at all, be it for the entertainment or profit, everything just depends on the player, how well they are able to manage their funds while doing it. If they gamble in an irresponsible way then it becomes bad. For the part where you said once someone starts gambling they can’t get out of it, isn’t true. Someone can decide to quit or stop gambling in as much as they are not addicted to it and they know what they are doing. It must have been taking a large part of their income over time and they decide there is no need to continue gambling and stop and decide to invest their money in something better but in no aspect should gambling be considered as investment.

If you are playing regular gambling, no one has to be irresponsible, it happens automatically. When someone wins and makes a profit while gambling, the fact that he can win will not let him sleep, he will try to make more profit since he won it easily. Again, the fact that he lost will not let him sleep because that money was his hard-earned money, due to which he will try to recover that money at any cost. These emotional issues do not allow gamblers to remain calm and that is why maximum gamblers suffer a lot from this. And this issue is common in society and that is why gambling is seen as a bad addiction in society. If you take feedback about gambling from 10 random people in your society, there maximum people will say gambling is bad, I wanted to explain this .

[puloweh555]

Your colleague is completely wrong as gambling and investments are two different things. In Investments you invest money in some assets like bitcoin or shares. If market goes down or drop temporarily you will have exactly the same shares and and if the market goes up or high so you can recover your profit so in investment you have a full control and also you have a chance of thinking about long term.

On the other hand gambling is fully based on luck and chance so if you lose money one time so it will finished forever. There is a 50 50 ratio of winning and also people loss badly so that means that your friend is joking or he didn’t even know about financial things. We should avoid gambling because gambling have also some bad effects on our life. Gambling can cause people to lose all their hard earned money very quickly.

Gambling and investing are two very different things and we can't equate them. This is final and you can't look for reasons to justify it. In making investments, we need to involve many aspects so that our investments can reach the desired goals and when prices drop, we don’t lose as long as we don’t sell. Meanwhile, gambling relies more on chance and guessing with the hope of getting lucky, and if you lose, all the money disappears.

So if you think of gambling as an investment it will only mislead you and could make you suffer huge losses, so you really need to separate the two clearly. If you do both at the same time while thinking they’re the same, the financial risks in the future will be bad because many people end up experiencing serious financial losses precisely because they fail to distinguish between the two.

[fredericktaylor]

Your colleague is completely wrong as gambling and investments are two different things. In Investments you invest money in some assets like bitcoin or shares. If market goes down or drop temporarily you will have exactly the same shares and and if the market goes up or high so you can recover your profit so in investment you have a full control and also you have a chance of thinking about long term.

On the other hand gambling is fully based on luck and chance so if you lose money one time so it will finished forever. There is a 50 50 ratio of winning and also people loss badly so that means that your friend is joking or he didn’t even know about financial things. We should avoid gambling because gambling have also some bad effects on our life. Gambling can cause people to lose all their hard earned money very quickly.

Gambling and investing are two very different things and we can't equate them. This is final and you can't look for reasons to justify it. In making investments, we need to involve many aspects so that our investments can reach the desired goals and when prices drop, we don’t lose as long as we don’t sell. Meanwhile, gambling relies more on chance and guessing with the hope of getting lucky, and if you lose, all the money disappears.

So if you think of gambling as an investment it will only mislead you and could make you suffer huge losses, so you really need to separate the two clearly. If you do both at the same time while thinking they’re the same, the financial risks in the future will be bad because many people end up experiencing serious financial losses precisely because they fail to distinguish between the two.

Of course, gambling and investment are two different things, so it is completely unreasonable to find similarities between them. It is not right to see gambling and investment as one. Investment is about maintaining a specific plan, being aware of the risk and investing for a long time with the confidence and consistency that is within your means.

Gambling is an unexpected result, people do research and gamble on assumptions. No one knows what will be right about the future. Those who have good luck at the end of the day get money. Luck plays a big role here.

The main thing is to maintain proper planning, consistency and have confidence and patience, as a result of which the chances of getting success in the future from investment increase manifold. However, this is never possible through gambling because it depends on luck. So gambling and investment are two different things.

[Out of mind]

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.

First of all, it is important to know that an investment is also a risk, even though it is not as risky as gambling but you must have it at the back of your mind that you are going to incur losses. Even if you might not lose it is important to fix your mind that way so you don't get disappointed when that eventually happens. Gambling on the other hand is not an investment because the system is built around probability and not based on making profit.
Gambling will definitely take all your money if you are a constant player and it is even worse when you take it as a source of income.

Of course, investing not only results in profit but also in loss, but investment is much less risky than gambling. Yes, controlling your emotions and showing patience is the most important thing in investing, as you can face losses at any moment, so it is important to control yourself. Gambling has never been an investment and it will never be in the future. Those who see gambling as an investment are basically running towards the wrong idea. Gambling is made only for entertainment, but many enter it as a source of income, but they do not know their losses here, yet they make gambling a place to earn. Gambling regularly changes a person's mental thinking a lot and many times it is seen that gambling becomes an addiction, so one should not gamble regularly. That is why gambling should never be considered a place of investment and not a place to earn, but rather a place of entertainment.

[Pressurizedem]

Anything that can make you money comes with risk, business and investing included. But those risks can be worth taking, because with the right knowledge, and experience and risk management. You still have a shot at making a profit. Gambling is different story. The house usually has the edge, players have little chance of coming out ahead, no matter how hard they try.

So putting them side by side is comparing apples to oranges from the get-go.
No offense to anyone who treat gambling as a source of income or an investment but they clearly lack basic financial literacy.

Well you're not wrong but I will say gambling is very close to trading in terms of chances of making a profit because of the nature of it. Just as gambling requires luck trading also require luck and their chances are almost 50/50. For trading with the right knowledge and experience you can increase the probability even though the market fluctuates in a way that makes predictions difficult. For gambling it's just a little bit different in this aspect, having the knowledge and experience can be helpful but not really much.

All being mentioned carries risks in their own way and you need to take the risks to gain anything from it. It is said that risk takers are the most successful people.

You are correct mate, but in my own opinion, I will definitely say they are the same things, trading and gambling are working hand in hand, they bare the same kind  of risk, they also both need you to invest or deposit money for you to expect returns. However, gambling is  seen in a different kind of way from trading. In gambling, the addiction seems higher than in trading because I don't think you are to study any market system, you only check head to heads, how good they are and how bad they are inform, this is the little slightest difference I see among the two.

If I'm to choose among the two, I will definitely go for gambling because I don't really know much about trading, even if I've tried trading before, I don't know how to apply some basic skills that can enable me win, but in gambling, at least I am a lover of football, so I have lots of knowledge in it, and I use that knowledge in predicting my games.

[fighter2627]

Gambling is far from being a type of investment. Because from my understanding, gambling is a place where money is usually just wasted, which is often made
a place of luck that might make you instantly rich here.

while investment usually has people who get rich here, most of the time in fact, though there are also times when it usually
doesn't if investors aren't careful.

[Olatundespo]

Gambling is far from being a type of investment. Because from my understanding, gambling is a place where money is usually just wasted, which is often made
a place of luck that might make you instantly rich here.

while investment usually has people who get rich here, most of the time in fact, though there are also times when it usually
doesn't if investors aren't careful.

The idea that gambling only causes loss of money is not entirely true. If you gamble with discipline, you will be able to reduce the amount of losses to a large extent. The number of rich people who can make gambling rich overnight is very small. Those who gamble with the hope of getting rich will definitely lose money because addicted gamblers never get rich overnight.

What you said about getting rich by investing in the long term is also not entirely true. The crypto market is volatile there is no guarantee that the coin you are buying will increase in value after 5 years. Every investment has risks, the amount of risk decreases depending on the strategy you take, for example, if you can regularly accumulate Bitcoin, you may be able to achieve the expected profit in the long term, but still no one can be sure that he will become rich by investing.

[Johnlomape]

Gambling is far from being a type of investment. Because from my understanding, gambling is a place where money is usually just wasted, which is often made
a place of luck that might make you instantly rich here.

while investment usually has people who get rich here, most of the time in fact, though there are also times when it usually
doesn't if investors aren't careful.

Perhaps some gamblers believe that gambling is an investment that is why they are spending their money to gamble even though they are losing money with the hope that they are going to make money later from their staked bets.
Those that are not real gamblers will never agree that gambling is a form of investment because they don't gamble and they may also see gambling as a waste of money. There are thousands of gamblers that are regretting when they ever decided to use their money for gambling after series of losses with the hope that they are going to make money later.

[Ayers]

Perhaps some gamblers believe that gambling is an investment that is why they are spending their money to gamble even though they are losing money with the hope that they are going to make money later from their staked bets.
Those that are not real gamblers will never agree that gambling is a form of investment because they don't gamble and they may also see gambling as a waste of money. There are thousands of gamblers that are regretting when they ever decided to use their money for gambling after series of losses with the hope that they are going to make money later.

What exactly counts as a real gambler, then ?

But  I know plenty of people who gamble, yet they've never once accepted gambling as an investment. It's only a small minority , usually people who are lazy and looking to get rich quick , who try to justify gambling by calling it an investment.

But no matter how they try to justify it , they're still gamblers. Gambling will never become an investment just because they want to call it  one .

[GIF-JOBS]

Gambling is far from being a type of investment. Because from my understanding, gambling is a place where money is usually just wasted, which is often made
a place of luck that might make you instantly rich here.

while investment usually has people who get rich here, most of the time in fact, though there are also times when it usually
doesn't if investors aren't careful.

Perhaps some gamblers believe that gambling is an investment that is why they are spending their money to gamble even though they are losing money with the hope that they are going to make money later from their staked bets.
Those that are not real gamblers will never agree that gambling is a form of investment because they don't gamble and they may also see gambling as a waste of money. There are thousands of gamblers that are regretting when they ever decided to use their money for gambling after series of losses with the hope that they are going to make money later.

Gambling is basically betting on uncertain outcomes. Luck and chance play a big role in gambling. Someone can occasionally make a profit by gambling. However, temporary profits do not make gambling an investment. Many gamblers try to view it as an investment. When they win a few times, they develop excessive confidence in their decisions and strategies. When they lose repeatedly, they bet more money in the hope of recovering previous losses. In reality, this mentality leads many to a deeper financial crisis. Just because the previous loss has been made, the probability of winning the next bet does not increase.

An activity cannot be called an investment if it has the potential to make money. Someone can make money from gambling, and someone can consistently lose money from trading. The nature of an activity should not be determined solely by the result of profit or loss. It is necessary to consider the purpose of using the money and the long-term prospects.

[Nalain420]

Gambling isn’t bad at all, be it for the entertainment or profit, everything just depends on the player, how well they are able to manage their funds while doing it. If they gamble in an irresponsible way then it becomes bad. For the part where you said once someone starts gambling they can’t get out of it, isn’t true. Someone can decide to quit or stop gambling in as much as they are not addicted to it and they know what they are doing. It must have been taking a large part of their income over time and they decide there is no need to continue gambling and stop and decide to invest their money in something better but in no aspect should gambling be considered as investment.

Managing funds is different things it just helps us in spending not in winning. You are overlooing an important point here. It will not change the odds of the game or gurantee us in winning the funds. I always said that most of gambling activities are designed in such way that it gives house an advantage over time.  And yup every gambler is not addicted he or she can stop whenever they wants but look they can still lose the money even they are not addicted and they can stop when they want. It is clear that gambling is not a good financial activity. And in my point of view there is a difference between we can afford to lose that money and having a reasonable expectations of making profit. Some people treat it as entertainment but some are looking it as a way of earnings they are confusing themselves.

[laijsica]

Gambling is far from being a type of investment. Because from my understanding, gambling is a place where money is usually just wasted, which is often made
a place of luck that might make you instantly rich here.

while investment usually has people who get rich here, most of the time in fact, though there are also times when it usually
doesn't if investors aren't careful.

Perhaps some gamblers believe that gambling is an investment that is why they are spending their money to gamble even though they are losing money with the hope that they are going to make money later from their staked bets.
Those that are not real gamblers will never agree that gambling is a form of investment because they don't gamble and they may also see gambling as a waste of money. There are thousands of gamblers that are regretting when they ever decided to use their money for gambling after series of losses with the hope that they are going to make money later.

This is the outlook of addicted gamblers who see spending money on gambling as an investment. They console themselves by saying that they will be able to recover the lost funds later. They also believe that by gambling regularly, they will gain experience and the amount of winnings will increase. You cannot ignore their arguments because they give priority to their own opinions. They can use their funds in any way they want and they have that freedom. But such an attitude makes gamblers spend more money and increases the chances of bankruptcy.

If you invest in the long term, there is a possibility of recovering the money. If you do not panic and sell, you can profit in the future. I never see gambling as an investment because although there is risk on this platform, if you invest with discipline, there is a possibility of huge profits.

[Patrol69]

Gambling and investment are completely different and in no way can investment be compared to gambling. The purpose of investment is to earn something good from this investment in the future, but in gambling, there is no opportunity to think like that. Naturally, I will explain the difference to you, suppose you divide your money into two parts and out of those two parts, you gamble with one part and invest with the other part. If you lose the part with which you gambled, then later you will not have any expectations from that part of the money, but from your other part, that is, the part that you had set aside for investment and invested, you will definitely have expectations. Suppose the value of the investment has decreased a lot after you invested, then there will still be an expectation that this value may increase in the future. So it is clear that investment and gambling are not the same thing.

[WilliamCarter]

calling gambling an investment is an absolute joke. holding actual assets or bags of btc gives you ownership and time on your side, whereas a casino table is literally hardcoded math and probabilities designed to chew you up from spin one.

[CucakRowo]

Gambling and investment are completely different and in no way can investment be compared to gambling. The purpose of investment is to earn something good from this investment in the future, but in gambling, there is no opportunity to think like that. Naturally, I will explain the difference to you, suppose you divide your money into two parts and out of those two parts, you gamble with one part and invest with the other part. If you lose the part with which you gambled, then later you will not have any expectations from that part of the money, but from your other part, that is, the part that you had set aside for investment and invested, you will definitely have expectations. Suppose the value of the investment has decreased a lot after you invested, then there will still be an expectation that this value may increase in the future. So it is clear that investment and gambling are not the same thing.

No.
You can totally expect profit from gambling. Nobody's stopping you . Isn't that exactly why we gamble in the first place? lol

Expectations, odds or outcome aren't what separates the two, either. People can get lucky and make money gambling, just as other lose money investing. That's not what defines the difference, though.

What separates them is what your money actually goes into. Investing means putting a resource that has real value to use. Gambling is to risk an event or game, and hoping it will turn out the way you expect.

Winning bet does not turn gambling into investing, just as losing money doesn't turn a investment into gambling.