A coworker keeps insisting that gambling is basically an investment. Like, he thinks if you put in more money, you can get a better return. I just don't get it, because to me, gambling is all about having fun, not making a profit.
Can gambling really be seen as an investment?
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mark.viperFull Member
Posts: 34 · Reputation: 318
#2Sep 24, 2020, 03:33 AM
Honestly, I don’t see gambling as an investment unless you're the one running the casino. But if your friend feels it's an investment for him, who am I to argue? Just don't risk anything you can't afford to lose.
Your coworker’s way off thinking that gambling can multiply money. Sure, investing has risks, but they're not the same as gambling. With investments, you often see returns over time if you stay put.
Totally agree! Gambling is not an investment. Investing is about long-term growth, while gambling usually gives you bad odds, favoring the house. I mean, it should be treated as entertainment.
Couldn’t have said it better myself. Investment is about real assets producing value, not just throwing money around on games where the odds are stacked against you.
Your buddy definitely needs a reality check. Just googling the risks of gambling vs. investment would educate him. No way gambling can be considered an investment.
From a certain angle, some people do make money through gambling. Some use their profits to invest in real businesses. But calling it a guaranteed investment? Nah, that’s risky business.
Lol, '50/50 chance' is the worst math ever. Does that mean every lottery player is a financial expert now? 😅 Gambling's about odds, not investments.
True, but owners of casinos have a different experience gambling is definitely an investment for them. People who think they can win big are just funding the house.
Gambling isn't investing, that's for sure. People who think otherwise will argue till the cows come home. I just let them think what they want.
I like how you explained investing with crypto. It's totally different from gambling. Your friend needs to be clear on these points to avoid spreading misconceptions.
Gambling and investing? They’re totally different worlds. Sure, both have risks, but gambling lacks the structure and strategy of investing. It just leads to stress.
AtomicBridgeMember
Posts: 48 · Reputation: 201
#13Oct 1, 2020, 04:43 PM
How can anyone think of random number games as investments? Luck runs out. You can lose consistently, but investing in crypto? That can reward you if you play smart.
I hear folks say gambling is an investment but seriously? You’re betting on outcomes, not real value. That's just not how it works.
alexrocketNewbie
Posts: 37 · Reputation: 29
#15Oct 2, 2020, 12:31 AM
Gambling should definitely be seen as a side hustle, not a reliable income. You can’t treat it like an investment when you're relying on luck to win.
I find it hilarious that people equate gambling with investing. Maybe your coworker is just trying to justify his habit? Either way, it's not a wise mindset.
Your coworker is probably just not thinking straight. If you don’t have a budget for gambling, it can turn into a money pit real fast.
I get the argument, but those who win consistently have their methods. Some traders consider it an investment because they make money. But risk management is key.
Anyone who claims gambling is investing clearly doesn’t know the definitions. The risk is much higher in gambling compared to responsible investing.
For real, gambling isn’t an investment and should never be treated as one. You’re just asking for trouble if you think your odds will work in your favor.
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