iamsheikhadil Posted October 7, 2019 #1 Posted October 7, 2019 I would consider it as completely trading rather than gambling. It totally, totally depends on your skills to predict and analyse, there's no portion of luck involved when it comes to sports betting. The collateral luck isn't enough to consider it as gambling. It can be similar to the risk of trading. Hence, it's trading in my view. What's your opinion?
Ali saher Posted October 7, 2019 #2 Posted October 7, 2019 I think if you follow any sport then you understand about game results and mostly results come same but some time you take a risky for example 2 team cricket match in world cup Bangladesh Vs sauth Africa and every one say south Africa easily win but I bet on Bangladesh because on Bangladesh they give me 1 to 35 rate so I make a bet 50 USD and I win 1750 USD this is a luck
wngo123 Posted October 7, 2019 #3 Posted October 7, 2019 Quote there's no portion of luck involved when it comes to sports betting. Are you serious? Have you ever seen at least one sport event in your entire life? A lot depends on luck, tactics and so on, even weather, not only skills of the participants. The outcome of the sport events are unpredictable. In football (soccer) for example the better team can lose with weaker team and it happens all the time. Therefore prediction of the outcome is gambling.
cryptonesiac Posted October 7, 2019 #4 Posted October 7, 2019 Trading can easily be seen as gambling as well... You can make presumptions and they can favour you in trading, just as making a good analysis in sports betting and having some advantage. But in the end, as long as you don't have insider information or unless you're able to corrupt some players, there's no way of knowing the outcome. So yeah, sport betting is like trading, but trading is like betting
nuuuitsjdragon Posted October 7, 2019 #5 Posted October 7, 2019 15 hours ago, iamsheikhadil said: I would consider it as completely trading rather than gambling. It totally, totally depends on your skills to predict and analyse, there's no portion of luck involved when it comes to sports betting. The collateral luck isn't enough to consider it as gambling. It can be similar to the risk of trading. Hence, it's trading in my view. What's your opinion? Analysis doesn't guarantee wins though, there is a smaller portion of luck/risk involved but at the core of it, it's still gambling... just like investment(s), which technically are still gambles even though they may contain only a slight risk. Right off the bat... I can only think of arbitrage for Sports-Betting which is not considered gambling lol. 👽
wyj1306 Posted October 7, 2019 #6 Posted October 7, 2019 17 hours ago, iamsheikhadil said: I would consider it as completely trading rather than gambling. It totally, totally depends on your skills to predict and analyse, there's no portion of luck involved when it comes to sports betting. The collateral luck isn't enough to consider it as gambling. It can be similar to the risk of trading. Hence, it's trading in my view. What's your opinion? It really depends a lot on your analysis and knowledge about the games you are betting on, so it is a very reliable type of betting because you depend on external factors. I'm looking forward I love sports betting.
Xarv Posted October 8, 2019 #7 Posted October 8, 2019 I think it boils down to luck for both gambling and trading... The only difference is once you lose on a bet you can't recoup the amount you have bet, and Trading if you are patient you can always sell it back at buy price or more.
sheenazbay Posted October 8, 2019 #8 Posted October 8, 2019 Sports betting in my opinion is gambling. betting is gambling, clear and very clear. You can distinguish understanding of gambling and trading. it's useless to debate, but clearly all things at stake are gambling
Iva104 Posted October 8, 2019 #9 Posted October 8, 2019 That's an interesting question, both sides make a good argument, I'd put sport betting in the middle
zulfandina Posted October 9, 2019 #10 Posted October 9, 2019 this is not gambling, it is simply predicting the value of global market fluctuations. I think this is just a guessing game and does not need a strategy to win it, all we need is the strength of feelings and self-confidence. however, I am not interested in things like this.
Neox1337 Posted October 19, 2019 #11 Posted October 19, 2019 If you have good tactics, a lot of time and big amount of balance, you can always make your earnings here. What is more, bets have more odds to lose your whole balance, cause any game can turn over wonderly
CntryBoy Posted October 21, 2019 #12 Posted October 21, 2019 While it does involve skill to be able to be profitable and analyze the odds to find the best options available, it is definitely still gambling. I am sure we have all seen instances where extreme underdogs and long shots have won, so while it does require some skill there is still luck involved....
rastaman Posted October 21, 2019 #13 Posted October 21, 2019 pure gambling.. because you have no control of it
niki014 Posted October 22, 2019 #14 Posted October 22, 2019 hmm nah mate it is gambling you cant be 100% sure that you are gonna win and even if you are that dosnt mean you are going to win if you make a bet ( not only in sports book or casino it might be with stocks or whatever ) and you have a chance of losing it is gambling like if you ask me investing in crypto or investing in whatever is gambling aswell boring way of gambling instead of placing the bet now and see the result now you are placing it now but see the result later
CaptainLorca Posted October 22, 2019 #15 Posted October 22, 2019 Of course it’s gambling. Even with the best predictions things can turn around pretty quick. You can‘t influence the outcome, just like traditional casino-gambling. You are placing a bet on an outcome.
Mahdirakib87 Posted November 10, 2019 #16 Posted November 10, 2019 I'm pretty much agree with you. Sports betting can't consider as gambling fully. Cause you need proper knowledge about the game. And if you have good knowledge about it you can predict and win most of the time.
zulfandina Posted November 10, 2019 #17 Posted November 10, 2019 2 hours ago, Mahdirakib87 said: I'm pretty much agree with you. Sports betting can't consider as gambling fully. Cause you need proper knowledge about the game. And if you have good knowledge about it you can predict and win most of the time. indeed most people say sports betting is not actually in the category of gambling, only guessing and predicting victory from the two camps that are competing. but because of the term BET in it, that's why many people mistakenly believe that betting in sports is included in the category of gambling, even though this is one thing that has a different meaning
Featured Comment
Archived
This topic is now archived and is closed to further replies.