Do you consider gambling as form of investment?

[magnus2022]

Many people see gambling as form of investment. In the other hand, gambling is considered as wastage of fund . But i have seen professional gamblers that do make staggering profits through gambling, does that make it a source of investment?
In your opinion, do you consider gambling as source of income or livelihood?

 

[Augusta]

Investing is aimed at wealth creation through informed decisions, while gambling involves chance with outcomes largely beyond one's control. it's no investment for me

 

[Suba]

In the world of gambling, there are many actors involved such as players, bookies, owners of places, etc. So if you act as a player, it will be very detrimental and even make you poor. If you act as a bookie, it will also be profitable because most gambling systems have been designed for the bookie's victory. As a place owner, you can certainly be considered an investment because you get high rent. So for gamblers, it cannot be considered an investment.

 

[freelancermaria]

If you will be the player, gambling definitely is not an investment. Yes, you can win at first, but there are times that you will lose, for sure. There are some who want to take back what they have lost by selling their properties.

 

[eLdavis]

Personally i do not consider gambling as a source of investment or a reliable way to even make money as well.

 

[Starmix]

If you own the gambling arena, then that is an investment. But if you are just coming to that arena to bet, then you are a gambler and can never be considered an investor.

 

[Springtime]

If you own a casino, then it is an investment. If you just gamble, it is not investment. To invest, you need to do thorough research and understand the market. For gambling, you are just taking a chance.

 

[Augusta]

Gambling is based on short-term activities while investing can last for years. so it can't be a good way to invest

 

[Min George]

Gambling is not an investment. It would never be an investment. It doesn't have value. It is what it is. Gambling.

 

[Augusta]

gambling involves chance with outcomes largely beyond one's control. it's not a good investment

 

[arunima25]

In no book of investments, I have seen gambling as an option. It's not investment in any form or definition of financial investments. Investment does involve risks in some form and magnitude and it involves informed decision. People invest in various investments depending on their capacity and risk appetite. Gambling does not involve any informed decision. It's a sheer game of luck and involves a huge risk.

 

[Kross]

Every investment that I know has a market that is controlled by market forces. Gambling doesn't have and it is not an investment.

 

[Trush Jodie]

Gambling has never been an investment. It is always a conduit pipe for people to lose money to people that promise the money.

 

[Nomad]

gambling is not an investment. It is based on speculations or luck. Investment is based on calculation.

 

[Kera]

Gambling is one of the most stupid ways that people think they can make money. The art of making money is intentional and not luck based.

 

[Sanjeev]

I don't consider gambling an investment. It's a risk and there is no guarantee that you may not lose your money.

 

[Kross]

Gambling is not a form of investment. It is based on just luck and no actual value that drives its calculations.

 

[pousinha]

I don't consider gambling as an investment by any means. The deal wins, not the gambler. Gambling is the best way to become poor and yet we know about various people who committed suicide after big losses.