Post
Topic
Board Gambling discussion
Re: When is Gambling Like Investing
by
michkima
on 19/05/2017, 06:02:42 UTC
Gambling can never become an investment. Only way is when you invest in a gambling website. So whatever the profit the owner makes, you can get a part of it. But of you meant by doing gambling, gambling and investment are not even close.

Gambling can be an investment, if you know about what are the casino's do with those people that wants to invest into their site. They are allowing people to invest to their bankroll so that it can make the amount of winning higher for the gamblers. If you want to see an example of it, you can just click my signature and visit it.
I think gambling is like investment if you have good knowledge about gambling.

Although risk is always there in both trading and gambling but we can minimize the risk in gambling if we have proper planning and strategy to play gambling, even in some format of gambling your previous experience and gambling skill. Your analysis can also help you in gambling,

The best investment you can have is your own skills, I mean is gambling is just a game you can either win or lose and there always a risk thats why it is called a gamble. Your own skills and experience is the one who will help you to be at a advantage of the game. Invest in learning probability and statistics when you are in gambling. Mathematics ang engineering economy will help you determine the percentage of winning and the percentage of profit. Gambling is a hard game. Even those who use mathematics can be defeated. In gambling nothing is uncertain.

skills and experiences is one of the secrets to be a succesful trader/gambler. if you know a lot on that field you might be lessen the risk of losing but still you can be rekt if you had a bad choice. trading has a lesser risk if you just educate yourself about the things you will invest on. Gambling is just pure luck and strategy so better go choice between the two which path you are going to.
but to me i think in most of the games we cannot use our skill and experience and we most depend on our luck there. but i think no one can be luck for every time. but in some games like sports betting we can even use our skill and experience our knowledge about gambling is also too much importance. if we have these things then we can make good profit even in gambling.

Luck and experience still go hand in hand though they will be used in different aspects of the game. For example, in dice. In dice, you have to be lucky to win money from there. But experience plays a role in terms of when to withdraw. If you are not experienced then you will think you're invincible and you will just keep on betting because you are winning.