Considering that a lot of people make good fortune from betting, though some people too loss their money when they are too addicted and don't also make enough research. Can you call it a good investment?
Can you call playing bet a reasonable investment?
- Thread starter Johnson2468
- Start date
It is an investment but high risk investment. It is not advisable to engage in such investment because it may be addictive and irresistible. A lot of young people have ruined their life by betting their hard earned money on sports
Gambling is an investment but it is one that comes with a very high risk. There is no guarantee you will make anything back when gambling and because of that, it makes it very high risk. You need to have boundaries when it comes to gambling and know when to stop so that you do end up making an investment and not end up having a huge loss. I personally myself would choose not to gamble because of how high risk it is.
- Thread starter
- #5
The disadvantages associated with it is just too much compared to the benefits.
Well said the risk is not worth it at all.
- Thread starter
- #7
I am able to understand that no matter wins, everything can be lost within short period
Betting can be considered as a high risk investment. I personally think the probability of losing on a gamble always exceeds the probability of gain.
- Thread starter
- #10
Exactly, it is better to invest in something better that will put your mind at rest.
- Thread starter
- #12
Yes, it can be a good one for some people and a lot of people loss their money
It could be an investment but it is never a reliable form of investment that you would want to try out.
Playing gamble may not be a reasonable form of investment but to some extent it could give you money if you are understand how the game is being played and it is important not to play games when you do not have the experience.
So many people have fallen victim of playing games and they lose a lot of money and that is why it is important not to try out a game that you or gamble as a source of investment because you could lose all your phone if care is not taken.
There are so many people who have fallen victim of scamming companies that will scan the people based on the fact that they want to buy shares . This is why it is important to choose a credible broker to trust before you can jump on this type of investment.
Playing gamble could be taken as an investment if it is played by someone who understand the intricacies of the game and can analyse the game properly in order to make profit.
I will never call betting as an investment because investments need researches, projects and ideas but betting is all about luck, I will never put my whole life in the hands of luck.
