Let me ask you something, I’d like to know how you treat the money you use for gambling. Do you consider it an expense or an investment? These two should be approached very differently. Just like in business, expenses don’t generate income, while investments are meant to grow. What do you think? Please explain your answer as well.
I don't look at gambling as an investment, it's too far to say that it's also an investment scheme. We all know that gambling is a place if you want to waste money even if we say we just want to have fun. Because at the end of the day the majority of players in the gambling industry communities are losers.
In gambling there is no guarantee that you will generate income, compared to investment there is a guarantee if we know how to choose the right investment.