Re: When is Gambling Like Investing

Gambling can never be considered as a investment, because with investment you have assured pay back after certain time period but with gambling nothing is assured. So in my view gambling can be considered a earning source and not as a pure investment.

I think you misunderstood about this thing though, gambling is sure like investing though but with higher risk to get back what you desire. It is not always that you can get your money because of the risk but if you can outcome that risk you will get more better payout mean while if you only investing with some small amount I dont think that you can get some penny from investment

Yeah he misunderstands that investment will give assured pay back after investing. No, it is not the right way he thinks.

All types of investments are risky and it depends on the investor on how he will take the risk and willing to accept the fact that he will lose.

The same thing in gambling, it is risky. You have the chance to win and lose, gambling is just like investing your money the way you want it and to risk it higher.

Investing for me is when you were able to minimize the risk and maximize your chances, still there's a risk, right? So, the activity of gambling alone is too risky for me since you are playing against the house advantage, the only way you can turn things to be in your favor is when you own a gambling site or invest in existing gambling sites.

So there's something similar between investing and gambling right? - there's risk in both,of course usually in gambling the risk is at a lot higher level but in the same time there's nothing to guarantee you that the investment you've made won't end with a loss either, so there's not a simple answer...I guess.

It looks you made things to complicated in your post and now looks difficult to understand. Gambling is not a investment because it is fun activity like going movies or pub etc., so there you need to spend money get the entertainment or fun. But investment is for growing your money and these investments will have some risks but we must take those risks to grow our money.

That's somewhat true. However for many professional gamblers who do it for a living, they probably don't consider gambling fun but boring since they do it on a daily basis. And the same is true for investing. Some people trade stocks and find it boring while others do it and find it fun.

Completely agreed with you adaseb!
If you're good at something there's no reason you shouldn't take advantage of that or even make a living of it!
I'm not saying gambling and investing are identical things...but how will it sounds to a professional gambler the statement "gambling is just for fun"?