Can Gambling be Considered a Business?

[Blessed19]

Having a gambling shop is a business while those that are playing and putting their money on the line to gamble it are actually playing a game and nothing more than that.

 

[eldavis]

I don't think gambling can be taken as a business. There is no guarantee that a person will always have a profit from it. I have seen lots of people getting bankrupt by gambling. I don't see it as a good habit.

Exactly, with business there is an assurance that you would be making some profit as time goes buy, but with gambling, it is simply by luck, there is no guarantee.

 

[Hate2Wait]

We cannot consider it as a business and I feel we cannot even consider online earnings as a business as the earnings ar not stable and there is no surety of getting paid

 

[Passiveearner]

Gambling does not have a real market and it does not actually involve selling or buying products. Hence, I may never consider it as a real business at all in the first place.

 

[astutimeliana723]

I would never consider gambling as a business, because you can't count on it to make the expected returns. Because in gambling we only rely on luck, while in business there is an effort to increase profits.

 

[Sanjeev]

@astutimeliana723 but here some people survive on the money they earn by betting or gambling. They live a very good life. Whereas people like us work hard still our cost of living is not better than theirs.

 

[fcbetting]

Does people consider lottery as gambling? I will develop script for lottery system with everything automated. I have entire summer for this project and I hope it will be done and monetized.

 

[astutimeliana723]

@astutimeliana723 but here some people survive on the money they earn by betting or gambling. They live a very good life. Whereas people like us work hard still our cost of living is not better than theirs.

They're just getting lucky, or they have a lot of debt behind who knows? Sometimes people look hedonistic, even though they owe debts here and there, and vice versa, sometimes people look simple, even though their assets are everywhere.

 

[fcbetting]

How many of you have gambling bar or casino in your area? I have one nearby like minute from my building and I like girls who work there but I am not regular visitor.

 

[Sanjeev]

@astutimeliana723 yes who knows they may be borrowing money from others to keep their life going on. I think the share market is also like a gamble, I have earned $400 in the last three months from there.

 

[Semi]

Some people consider gambling a business but it is not me. I don't gamble because I am always scared to lose money. Some people are good with the gambling though. And it could be business for them.

 

[Unique_Lady]

I see gambling as one of the fastest ways anyone can become broke. It is a sorry situation that a lot of youths think they can make a lot of money from gambling without understanding the risk involved in it.

I don't see it as a good act to do no matter how much anyone claimed to have won.

 

[Hate2Wait]

I don't know anyone that is considering gambling a business and you cannot earn a stable income from it so better to keep it as pass time only and not for serious money

 

[AruneBend]

Not really unless you make gambling platfrom or something like that gambling is not good way to make money and I wouldn't recommend it to anyone for sure if you want to make money there are way better options

 

[eldavis]

Gambling is not a business because it is all about losing money and it doesn't need any skills.

Though there are persons who would argue this with you that gambling is more than that, or that there are people making money from it, but the truth of the matter is that gambling should not be considered a business.

 

[Niyi Briggs]

Provided that a person puts in the required many hours and perhaps money to learn the ropes of gambling, this activity could be deemed a business idea. After acquiring the skills, the individual would carry out his gambling activities profitably.

I have taken my time to study gambling and how it works and I can tell anyone for free that it is is a scheme that puts you against a system at the advantage ratio of 90:10 in favour of the system.

 

[Fidelia]

Gambling is not a business. It is just some scheme. It doesn't offer any value in exchange for winnings.

 

[freelancermaria]

I do not believe that gambling can be deemed a business since there is no guarantee of making a profit from it.

 

[cherry123]

it is not for me as I don't see anything structured when it comes to gambling. You can only hope that you win which most times it is a lost for people