In my perspective, both are dependent on the luck.
Of the two betting is less risky because you can predict with the help of some criteria such as strength or weakness. But in gambling you must be dependent on luck.so betting is the safer of the two sides.
I believe both are different words with the same meaning. Gambling is just a term used for the overall activities of games were money something is risked hoping for better earning. Betting seems to describe a particular event were certain amount has been risked expecting big.
I also think like that, gambling and betting are two words that have a meaning but have the same meaning. Or maybe in my opinion, gambling is when you play a game and place a bet in it. While betting is when we put a bet on something and wait for the results. But overall, I think the same, both put up bets to get more.
lol it can be quite confusing sometimes to differentiate these two as betting is a form of gambling. so in a way, they're the same but gamblimg is the general form and betting is like a sub form. its like making a roll, or playing a hand in poker. they're all forms of gambling