Can you consider gambling as an investment ?

[Johnson2468]

I know some people are really good at predicting but can you consider it as an investment?

 

[Shortie]

I guess if you make more when gambling than what you put in and you are very good at predicting the outcomes of bets and things you could very well call it an investment as you are making more out of it than what you put in. The key os to know when to stop and not go too far so that it stays an investment and doesn't end up being a huge loss.

 

[Niyi Briggs]

Gambling is never an investment. It is a scheme that no serious person should join. It is very addictive. People spend so much money on Bet sites.

 

[Imran Noori]

I know some people are really good at predicting but can you consider it as an investment?

It is not an investment because investments have projects behind them but gambling is just losing money.

 

[Passiveearner]

I know some people are really good at predicting but can you consider it as an investment?

I would never consider gambling as an investment. It is a bad habit that makes people lose money and become ruined by the passage of time.

 

[hastral45]

Any businesses activities that its earning is based on prediction of outcome is gambling. But it no longer called gambling nowadays but investment.

 

[RicAngelo]

I know some people are really good at predicting but can you consider it as an investment?

BIG NO, investment mean you can measure the risk, the benefit and others essential factors. But Gambling? You only put luck on it, and not everyday you got it.

 

[Shavkat]

Yes, it is. That is why some governments are into this because they can get a lot of money from it through taxes. But I cannot have my personal investment to gamble as an individual.

 

[nomad]

If you create a casino site, that is definitely an investment.

 

[hastral45]

Gambling can be found in different ramifications. Gambling in games like casino football, cards etc.
Gambling is in for of financial tradings like Forex, crypto etc.

 

[eldavis]

No i do not consider gambling as an investment, this is because there is no real strategy for gambling, it is mainly by luck. Though there are some who sees this as a from of investment though.

 

[Sophie]

What is an investment?
An investment is majorly all about taking calculated risk therefore gambling can't be an investment since it can't be calculated

 

[Stardom22]

There are so many people however that rely on gambling as their source of the livelihoods. These people are really working hard on the analysis of the games and sports before they bet on them and they finally achieve success with it.

 

[RicAngelo]

There are so many people however that rely on gambling as their source of the livelihoods. These people are really working hard on the analysis of the games and sports before they bet on them and they finally achieve success with it.

it means you have to master the skills first before doing it, right? even though I know that we have to practice to make it perfect but again it is not for everyone, not everyone could do this analysis in a good way thought

 

[Stardom22]

I too wouldn't consider gambling as an investment, the venture depends solely on someone's luck. You can however make any investment considering the lucky to help you in generating profits or interests.

 

[flower]

Gambling is never a reliable source of income because you cannot be guaranteed to make money from this type of activity.

 

[Stardom22]

However there are strategies that are proven to be working especially in the sports betting. The strategy of the odds dropping and that of the underdog to win when given over 2.5 odds from the favourite team.

 

[cherry123]

How can anyone see gambling as an investment. It is a scheme that one get losing fortune and it depends on luck to win and it is very addictive too

 

[Stardom22]

It's so addictive that even when you loose terrible there is still that urge to borrow some money and come back to it. There are few individuals that could control the addiction.

 

[EMMY25]

I can't consider gambling as investment. Gambling is a game of probability which is played to catch fun but if you take as an investment, you can end up losing your life savings.