Post
Topic
Board Gambling discussion
Re: Is there a difference between buying shares in the stock exchange and gambling?
by
DonFintoni
on 15/11/2015, 07:45:10 UTC
I think stock exchange one can make money in the long run but in gambling most likely every one will lose money. What you guys think?

They are both very similar in that if you are disciplined, patient and do your homework you could make long term profits. But most people participants in financial trading/gambling don't do this and don't make long term profits.



I think if your talking about day trading then correct mostly people make a mistake and lose money in share market but if one buy a good company shares then mostly they will make a good profits over the time. But in case of gambling one will either win profits fast or lose every thing at instantly so both are not same.

I disagree, with Poker as you are playing against other players and there is no "house-edge" it is possible (with the right hard work) to be a long term profitable player. Sports betting to a lesser extent offers the same advantages but again requires a huge amount of work.

All other casino games in the long run you are unlikely to be profitable