Is sports gambling actually gambling?

[iamsheikhadil]

We can say that sports itself isn't gambling. It's just skill based game. There's little luck involved. Then how is sports betting even considered gambling in that sense? How is it different to trading where you can earn based on your predictions on skills. And how do the house makes money when the sides are equal as in mutual betting?

[Etude]

Yes it is gambling in my opinion since typically lets say that in a game of Tennis, there is the Money Line / Winner bet option where it is either Player 1 or Player 2 wins the game which can be compared to a coin flip. Of course there are many unpredictable factors that would end up affecting the result since human are not perfect machines so it is often that even underdogs are able to make a decisive win over a top seed player when everything falls right into place for the underdog!

[iamsheikhadil]

3 minutes ago, Etude said:

Yes it is gambling in my opinion since typically lets say that in a game of Tennis, there is the Money Line / Winner bet option where it is either Player 1 or Player 2 wins the game which can be compared to a coin flip. Of course there are many unpredictable factors that would end up affecting the result since human are not perfect machines so it is often that even underdogs are able to make a decisive win over a top seed player when everything falls right into place for the underdog!

yeah many times weak teams beat the strong teams but it is not the majority of times it is mostly rare times which is unlike traditional gambling is not 100% random. 

[Etude]

Yes I have seen far too often that in Tennis for example, a top seeded player with the odds of 1.07 for instance before the match begin ended up with a loss at the end of the match while the opponent odds are nearly 6 to 7 times higher (typically 6.5 to 7 odds when compared to when the top seeded player's value is about 1.07x).  

I think in this case it is clear that you can never full write off the possibility of a underdog player winning just because the posted odds is extremely high!

[markgumanit]

yes its gambling as long as money are involve

[Ali saher]

Yes of course sports betting is s gambling where you bet on some persons or teams and you win and lose your money I think every game or thing where you win or lose money this is a gambling 

[dkpiiit953]

Hello ,

To answer the question and being a fan of sports betting I will explain my skills, of course that sports betting is a money game but I think we can live with a big bankroll a big analysis, most of players bet very big on a team at 1.30 or 1.40 see even 1.12 no interest, there is a bankroll management adopted + a variation of rating to analyze.

A match analysis before each betting takes me 2 to 2:30 I pay attention to every detail and I'm doing very well for a long time

[zulfandina]

I think that's all true. why I say that is true, because everything that involves betting with money is gambling. and basically gambling is indeed always using money as a bet in any field. different from buying and selling. Even though the stakes are home, not money. still it's included in the gambling category

[Omerfrom02]

It's actually named gambling when you bet your money and try your luck.. I think sports betting impressed many people in Stake to gamble more their money and it's soo nice

[CntryBoy]

Of course it is actually gambling.  There are no sure winners in anything.  I can't even say the number of times that I have seen the biggest underdog on the planet come through with a win.... there is no such thing as a sure win.

[Mahdirakib87]

If you are betting on sports game then it's gambling. Though I'm not sure how to describe it as gambling. 

[sheenazbay]

So the difference between trading, speculating and gambling lies in the reasons and information that the decision maker has. The more you know information about what you are doing and the more control you have over the outcome of an event, then you can call yourself an investor. Conversely, the more you do not know and can not control over the outcome of an event, then you include the criteria as a gambler

[Ayesha0770]

It is lol all happening in our life it's just like gambling we made things and decisions just like gambling like how we live our life how we able to over come some struggles and that is what really means gambling trying your best to something that we aren't used to

[davinmark]

Of course its actually a gambling too. its because sports gambling are not predictable (sometimes a Pro team lose by a Noob team  ) and also we are losing our balance if we put on a wrong team. yeah its a gambling!  

[Seoulmate]

if the outcome is uncertain, then its gambling.

[wngo123]

Of course sports gambling is gambling. I have no doubts about it. It doesn't matter how well you know particular sport, how may statistics you know, how much you know the players, you can't really predict the result in sport because sport is unpredictable. Good team can lose the game, bad team can surprisingly win. etc. It's total gambling.

[Kuntzkoin]

I would have to disagree and agree with both sides, and say that I feel like sports gambling is definately a skill based activity, and for SOME persons I don't think it's really gambling at all. Where I am from they have legalized horse racing and I even used to work at an establishment that facilitated bets on the races, and the sports enthusiasts that would bet had a lot of knowledge (usually) about what they were betting on. The only time i feel like it may be gambling is when someone has no knowledge. For example, i am in the fantasy league promotion but i have no idea who i am even betting on and no prior knowledge of the sport or teams lol I am gambling. But other poeple in the group knew going into it which teams to bet on because they know of the sport and didn't pick a random team that sounded kind of familiar ha. That's my opinion.

[rdbase]

This is what wikipedia says is considered gambling:

Gambling is the wagering of money or something of value on an event with an uncertain outcome, with the primary intent of winning money or material goods. Gambling thus requires three elements to be present: consideration, risk, and a prize.

The definition of gambling: 1. play games of chance for money; bet.

2. take risky action in the hope of a desired result.

So as you can see for yourself when there is a risk involved it is a gamble. Even with money, skill and anything else involved.

As I like to say: "Life is a gamble." 🤠