I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
I think in taking the way the example in the dice gamble when we choose high / low it happens to the investment where we have to invest in a great place both don't know the result. although I was somewhat hesitant about my statement because gambling actually can't be considered like an investment.
with your example there's a big difference in terms of results, in dice its just win or lose while in trade the possibility that it will remain the same is present and the amount of earnings can be maximized in trading while in dice you are just relying with your luck and the amount of your stake.