Taking gambling as an investment may help you manage your losses and winnings. This will help you to plan on how much money to stake with. It will also help you to avoid spending unnecessarily when you win.
Really, this is the first time I am reading something like this and at first, I was a bit amazed and wanted to get turned off but when I continued reading I saw that you have a very good point and all the while I have not thought of it that way, because if you take gambling as an investment, you will be concise in your dealings and spending at the same time, some of the things that affect many gamblers is the inability to follow lay down the principle that can help them to save their money while gambling.
But if gambling is taken as an investment, the player will be more proactive and deliberate in all that he does and as long as it making them profit it then ok.
But also fun gambling also is one thing we have to take into consideration since gambling is not a guaranteed source of income or investment.
Haha, as much as I indeed understand the angle you both are coming from, I still will not support that gambling should be seen as an investment, why, because gambling is not an investment in the first place.
Seeing and talking gambling as an investment has its pros quite alright, but if you check it, the cons are much more than the pros.
Taking gambling as an investment could also be liken to taking gambling as a business the gambler is possibly expecting to profit consistently from, this could lead to alot of gambling problems like over gambling and addiction, over gambling means that, the gambler start spending much time than necessary in gambling, which in turn can lead to addiction.
So, for me, I think it's better or best for us to always see, and take gambling for what it truly is, trying to see and take it as something it's not could be disastrous.