Can gambling really be seen as an investment?

20 replies 40 views
nickhashMember
Posts: 28 · Reputation: 119
#1Sep 24, 2020, 12:22 AM
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.
3 Reply Quote Share
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.
4 Reply Quote Share
defi_2021Member
Posts: 37 · Reputation: 249
#3Sep 24, 2020, 09:45 AM
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.
3 Reply Quote Share
serHero Member
Posts: 244 · Reputation: 2321
#4Sep 25, 2020, 09:30 AM
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.
2 Reply Quote Share
atlas100Senior Member
Posts: 92 · Reputation: 1540
#5Sep 25, 2020, 12:10 PM
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.
0 Reply Quote Share
shrimpNewbie
Posts: 110 · Reputation: 20
#6Sep 25, 2020, 06:16 PM
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.
2 Reply Quote Share
chad_guruMember
Posts: 1 · Reputation: 120
#7Sep 25, 2020, 11:13 PM
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.
6 Reply Quote Share
hodlgangMember
Posts: 41 · Reputation: 110
#8Sep 26, 2020, 05:01 AM
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.
3 Reply Quote Share
alex2019Newbie
Posts: 19 · Reputation: 23
#9Sep 27, 2020, 01:29 PM
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.
3 Reply Quote Share
the_seedFull Member
Posts: 36 · Reputation: 725
#10Sep 27, 2020, 03:41 PM
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.
3 Reply Quote Share
cipher51Full Member
Posts: 28 · Reputation: 260
#11Sep 30, 2020, 02:31 AM
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.
1 Reply Quote Share
grimtokenSenior Member
Posts: 9 · Reputation: 1327
#12Oct 1, 2020, 03:26 PM
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.
0 Reply Quote Share
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.
2 Reply Quote Share
chain1337Hero Member
Posts: 70 · Reputation: 3203
#14Oct 1, 2020, 09:36 PM
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.
3 Reply Quote Share
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.
1 Reply Quote Share
roguelordMember
Posts: 10 · Reputation: 77
#16Oct 2, 2020, 05:54 AM
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.
0 Reply Quote Share
0xSeedFull Member
Posts: 28 · Reputation: 257
#17Oct 4, 2020, 02:58 PM
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.
3 Reply Quote Share
0xGweiFull Member
Posts: 17 · Reputation: 310
#18Oct 4, 2020, 06:01 PM
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.
4 Reply Quote Share
seed07Senior Member
Posts: 35 · Reputation: 1328
#19Oct 6, 2020, 06:09 PM
Anyone who claims gambling is investing clearly doesn’t know the definitions. The risk is much higher in gambling compared to responsible investing.
1 Reply Quote Share
hawk_sageFull Member
Posts: 11 · Reputation: 556
#20Oct 6, 2020, 06:45 PM
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.
2 Reply Quote Share

Related topics