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?
Gambling can be investing only when you invest in the house . I say it as gambling because it contains risk too ( Casino Bankrupt ) , other than this I don't think gambling can be investing but I have heard that people used to invest in a group of BJ players who mastered card counting , not sure if its true.
Yes investing in casino house is the investment in gambling but that is also a high risk if the person do not know about the casino as mostly the casinos come to scam people. The other best way of investment in casino is that if the person start his own casino.