Post
Topic
Board Speculation
Re: Is gambling with cryptocurrency the same as gambling at a casino? Differentiate
by
justdimin
on 19/11/2024, 07:01:02 UTC
Cryptocurrency gambling can be seen as similar to gambling at a casino in the sense that both involve risking something of value in order to gain something else of value. You can be on the winning side today and on the losing side tomorrow too. However, here are some key differences between these gambling. Gambling games are games of chance where you could theoretically win or lose, but there is monetary value involved.
This has been talked about a million times before, but to give an exact return, gambling has different ways so it is not really anything exact. What we are seeing at gambling is against casino and against others. In games like slots and what not, we are gambling against the house, whereas seeing this current situation where you play others that makes it a lot better.

When you are talking about gambling against others that is a bit remotely similar, not exactly, but at least you are earning what others are losing, so there is a similarity a bit, whereas if you are going to end up playing against the house then you are not going to get a good return at all and you will lose, trading doesn't make you automatically lose, you "may" lose but it is up to how good or bad you are. Gambling basically makes you lose, that's the difference, and if you are a terrible trader then you will become a gambler and I have seen plenty of gamblers like that, who gamble while trading.