Do you see gambling as a legit investment option??

[Destiny030]

According to the question above, Gambling is a legit business ,but not a good investment, because many loss the money they invested, like 95% do loss during gambling, so its not a good way of investment, but it's legit,
The percentage of loss are very high,

 

[Sincerem]

Yea . If one plans to invest I think he or she knows the risk involved especially if one plans to stake an high amount..
Gambling is a two way investment you either win or lose ...and the more you stake the higher your earning

That's just how gambling is, either you win or you lose. Those who have better strategy around gambling earns better than those who just delve into it just like that.

 

[Melanie M]

Gambling money is never a good idea. Most of the people gamble money for fun and end up losing every thing they have. I think the only organization/person who earns money is the owner of the casino who probably take commissions on wins. I believe I am right.

I believe you are right too.
I also believe the casino owners make sure they take commissions on the wins... and by fixing the slots to only allow a person to win “so much” ... and then lose.
Otherwise, all gamblers would be millionaires.

 

[Setho]

I do not see gambling of any kind as a legit investment decision because the risk you face by far outweigh the reward that you can get if you compare them.

 

[Heatman]

Gambling involves a great level of risk to be able to play and still hope to win every play you stake. But it is always advisable to risk only what you know you can afford to loose

Nothing makes gambling online or offline as a safe investment and it's not a wise choice of habit to get into because it's very addicting in such a way that it will be hard to stop.

 

[Good-Person]

I believe you are right too.
I also believe the casino owners make sure they take commissions on the wins... and by fixing the slots to only allow a person to win “so much” ... and then lose.
Otherwise, all gamblers would be millionaires.

I am not sure if they actually "fix" the slots unless they actually want the person of their choice to win every time. It might be possible that they do fix the slots to make a specific person win all the time but I have never heard about this. The casino might get sued over this if someone finds out.

 

[Nurudeen]

Gambling is not an investment and it will never be. Gambling is a game of chance and in most cases a lot of people who delve into it usually lose their money so I don't even see it as a business talk more of seeing it as a form of investment

 

[Stylex]

No
As for me I don't see gambling as a legit investment. Option you might earn allot of money through that but in my own point of view I don't see it as investment option

 

[Setho]

Though there are people that I know that have made it big out of sport betting , I do not want to see it as a legit investment method because it is gambling.

 

[Richard92]

Yours is a hundred dollars you think you can afford to loose. While for someone is a thousand dollars. That's why it's always good to play with what you can afford to lose

Gambling is never a legit investment option it is just a game for entertainment if you make it an investment option then you end up losing all your money through it

 

[Niftyyem]

Gambling have settled down becoming part of us. Bettors don't skip betting on events, some even spend hours online, in the betting shops booking games to win tickets/coupons which contains the predicted events. Unfortunately for many, the more they try, the more losses follows.

I asked myself, considering what's going on around betting lately. If its a legit investment option of making money online/offline??? with the current rate of losses I've seen among bettors here in my locality, i disagree that betting is a legit investment option for making money. It bears too many losses indeed, the risk is much, not good for one with bright future.

Do you think its a legit investment option making money??

Will you encourage someone you know to see betting as an investment option to change his or her life??

Definitely not! As much as individuals are entitled to make money in whichever way they deem fit, the path of gambling shouldnt be one because it mostly leads to frustration and avoidable addiction.

 

[Sincerem]

Definitely not! As much as individuals are entitled to make money in whichever way they deem fit, the path of gambling shouldnt be one because it mostly leads to frustration and avoidable addiction.

Gambling cause one heartbreaks, even makes one to fall deeply sick when your last event became a disaster. I avoided gambling after experiencing such kind of disheartening dramas.

 

[Abigael]

Though there are people that I know that have made it big out of sport betting , I do not want to see it as a legit investment method because it is gambling.

Yeah, sports betting is still a gamble even if some people have earned a good amount of money from it. Depending on luck in order to earn is not a good move at all.

 

[Josemendez]

Yeah, sports betting is still a gamble even if some people have earned a good amount of money from it. Depending on luck in order to earn is not a good move at all.

Well , sports betting to some people is a better form of gamble as it is not manipulated as it is with Casino . The outcome is very obvious .

 

[delnovem]

Do I hear you say gambling. It is a win or lose thing. You can't call gambling an investment because the possibility of losing is higher than winning

 

[Sincerem]

Do I hear you say gambling. It is a win or lose thing. You can't call gambling an investment because the possibility of losing is higher than winning

Laughs, that's true. But irrespective of that, their are few lucky winners around gambling. Those kind of persons have collected maximum winning than loss.

 

[Niftyyem]

Gambling cause one heartbreaks, even makes one to fall deeply sick when your last event became a disaster. I avoided gambling after experiencing such kind of disheartening dramas.

You couldn't have said it better. Many people who lack discipline have ended up gambling with funds that aren't theirs and some become so weak that they even borrow just to make their bets.

 

[delnovem]

Gambling can be an investment to some people but me and advice I will give is for you not go that lane. Many suicide,broken marriage, financial instability are the result of gambling

 

[Alexandoy]

According to the question above, Gambling is a legit business ,but not a good investment, because many loss the money they invested, like 95% do loss during gambling, so its not a good way of investment, but it's legit,
The percentage of loss are very high,

In terms of being legit that can mean that gambling is legal while trading in crypto coin is not legal. However, with gambling the risk is higher because the only basis for winning is luck. I don't believe that there is a person who is good in the roulette or in the rolling of the dice. Those games are purely random that relies on luck.

 

[Mostee501]

I can't advice someone to go into gambling as an investment option ,it's a negative vibe for me,gambling is legit but ithe risk percentage is very high.