Can we say betting is an investment or Business

[Nurudeen]

Can betting be regarded as a business or investment. I have seen people who are addicted to betting, they lose some while they win some just like doing business and investment. So can we say betting is an investment

 

[WhiteHouse]

Football betting is a wonderful investment, I don't mean it in the gambling sense i meant it in the trading sense. Here is what i mean there is a special way to place bets without the need to worry about the outcome because whatever the outcome you will always profit, and it is impossible for you to lose your capital, yes i mean impossible The only challenge is that huge capital is needed;
about, it is risk free.

 

[Lagazine]

Football betting is neither a business nor an investment. It is a gamble because, no one can say when you will win or lose.

 

[tuna89]

Neither a business nor investment. You either run into debts or you deceive others to make money. Betting should be abolished because it leads to addiction, which can cause mental and financial damage. Crimes are often associated with betting as it is committed by problem gamblers in order to pay off debts, and that they typically reached a severe stage after a few years of playing in casino etc

 

[Alexandoy]

In fairness to your question, betting can make you win or lose your money and a business can make you win or lose your money. Practically gambling and business are on the same track. But the chances of winning in gambling is lesser than the chances of a business to earn profit. Definitely they are not the same animal which means betting cannot be considered a business.

 

[Josemendez]

For me betting is not investment , it is a business only for the owner of the betting company .

 

[dogmatic_p]

Betting is never an investment in business as it's profit is not guaranteed. So it's advisable to do a business that one is sure of making profit.

 

[Alcantara]

Betting can be said to be a business because it involves risk taking which one can either win or lose but it is never an investment.

 

[Kamon c4]

Betting isn’t an investment but opening a bet shop is a very good business and you get to make a lot of profit occasionally

 

[Venant]

For me betting is neither an investment or a business. I've lost huge amount to betting which I've regretted. I won't advice anybody to bet with any dime, but rather save up the money for future possible investment options

 

[Shaffy]

I would consider it a business, with a really high margin of failure >90%. You have to spend your money, time and energy to also learn how to make it profitable.

But it is one in would never dvise anyone to start.

 

[adazeez1995]

I have lost some money to sports betting before. I would say a more effective way of making sport betting an investment is by taking few games and few odds. In that way, you are sure of making profits at the end of every week. Take it slowly and steadily no matter how small you earn, don't be greedy, because that is when you would lose. You could stake 700 naira(1.7 dollars) every day with an odd of 3.5 daily, if you win four times and lose three times, you would have gained 1400 naira(3.54 dollars) daily

 

[Taimoor Jutt]

Not at all. This is not a business and nither investment. It is gambling only. In gambling we loss everything in one minute and get win or get everything in a minute too. So it is full of Risk so we can not say it is investment or Business. It is just gamble.

 

[Frank]

Can betting be regarded as a business or investment. I have seen people who are addicted to betting, they lose some while they win some just like doing business and investment. So can we say betting is an investment

Anything that you earn a certain amount of money from is definitely a business. Those that take betting as business will always treat it as it should be treated and they always earn by doing so. I don't have time for betting now, but when I do, I will definitely treat it as business.

 

[Kelly5]

Betting or to simply put it, what we know as gambling is something I will want to categorize into business. Why so because it is not put into it to hold for some days or months to yield profits, but rather it generates it's profits or losses there and then instantly

 

[Georgeadawara1]

Betting can never be an investment business it is an gambling your can only invest in what can bring income to you not the one that will always put your to high risk all ways be aware of what you invest in don't invist in betting cus it risk and that can make you to lose all you have and reget at last.

 

[bolllyteee]

Can betting be regarded as a business or investment. I have seen people who are addicted to betting, they lose some while they win some just like doing business and investment. So can we say betting is an investment

Betting can be said to be a business to the owner of the betting company and its agents but the opposite is the case for bettors.Mostly,bettors dwells on element of luck.They have no control over the outcome of what they are betting on.

 

[idhans]

Can betting be regarded as a business or investment. I have seen people who are addicted to betting, they lose some while they win some just like doing business and investment. So can we say betting is an investment

Lol! there is no way betting can be defined as a business. Betting is gambling, and in gambling you can either win or lose. There is no define path in making money in betting because it is just a way of making money by luck. At the end of the day, betting companies wins more.

 

[Kehinde]

Investing and gambling both involve risking capital in the hopes of making a profit. In both gambling and investing, a key principle is to minimize risk while maximizing reward. ... Over time, the odds will be in your favor as an investor and not in your favor as a gambler.

 

[Doradorwa]

If you are buying some of the betting company shares then congratulations you are a winner but if you are just going about stalking randomly on some odds that might never be won then I'm sorry you might be a big loser... Betting ought to be taken as a game not a business or an investment.