Dont know on why you guys are really that making use of the word "investing" on which you are really just that pertaining about on making some actions in trying out to test out some new sites or platforms.
I don't understand your point here. Investing implies adding funds which is what we are talking about here.
I am also baffled about the use of the terms investment here too. Is it the money use for gambling or money used to invest in a gambling platform which in return will give a person some passive profit in depending on the platform profit?
I do not think that funds used in gambling activities (betting and wagering) can be called investments.
What I do believe is that as long as the funds stays in our gambling wallets and remain untouched (meaning we deposited but not using to bet) will be called an investment because casino houses can be used also as place to hold(though this is not advisable) as I have used this in the past(of course not planned) that I deposited some amount but since I am drunk and fell asleep , I forgot about the funds for some time until I visited that site and the timing is when the market goes up that the value of my bitcoin of course increases.
But to answer the concern , yes Gambling money isn't investment because the moment we play and lose, then all is gone so there is no literally an investment remaining .