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Investing Or Gambling: Which Is The Better Option?

Millennial Magazine- gambling

Over the years, several investment options have created so many millionaires. With online gambling now gaining popularity due to its risk and reward system, most people are beginning to see gambling as a means of investment too. Although the industry has its disadvantages compared to other long-term financing plans, if properly done, there is so much money to be made gambling on assets like bonds, stocks, real estate, and energy.

According to Klara Czerwinska, a globally renowned expert in online gaming,

“Współczesny hazard oraz inwestycje kształtują światowe postrzeganie wzorców zarobkowych i oba te sektory mogą być bardzo użyteczne w procesie generowania kapitału, a wybór optymalnego rozwiązania zależy od oceny inwestora. Każdy zainteresowany pozyskiwaniem pieniędzy na grach losowych powinien się zarejestrować na stronie posiadającej kasyno z szybkimi wypłatami. Tego typu platformy gwarantują Ci błyskawiczny dostęp do wygranych, a to powinno być dla gracza szalenie istotne.”

Translated into English, Klara opines,  “Modern gambling and investment are shaping the world’s perception of earning patterns, and both sectors can be very useful in the process of generating capital. The choice of the optimal solution depends on the investor’s judgment. Anyone interested in raising money on gambling should register with a site that has a fast payout process. These types of platforms guarantee you instant access to your winnings, and this should be insanely important for a player.”

As you are finding it difficult to decide which form of making money is more profitable and less risky, we will highlight some of their pros and cons in this article to help you make the right decision.

Gambling or Investing: 3 Factors to Consider

You may want to consider these factors before choosing which option to follow for a profitable return on your money.

1. Time

Investment

Time is money happens to be one saying that perfectly describes investing. When investing in instruments like stocks, bonds, energy, cryptocurrency, and real estate, the best investment assets in the world, you must be willing to give your portfolio time to grow, make and take profit.

Most investments take months, years, and even decades to become profitable. This waiting period might be difficult, but it is worth it when your money is in the right place. For example, investors who invested in Tesla stocks and stayed patient were rewarded with over 500% gains in the value of their outlay in 2020. Such profit can be made when gambling within seconds but with very high risks.

You must note that as your investment grows, your portfolio will face trials and tribulations due to uncertainties in the market. Your ability to be patient will determine how much profit you will make in the short, medium, and long term.

Gambling

Here the only time that matters is the time the game ends. Whether an online casino or sports betting, no game lasts longer than 12 hours. This limited time factor makes gambling more fun and exciting compared to investment. In gambling, a bettor can earn 10x an investor 10 years of gains in a minute and lose the said amount within that same period without any chance of recovery.

While in investing, you only lose when you sell; gambling losses can occur anytime. This parameter is to say that even if the value of your investment is worth zero today, the chances of it appreciating to millions in the future is always a possibility.

2. Risk

Investment

One thing investments and gambling have in common are risks. The higher the risk, the greater the reward strategy applies to them. The difference is that risks can be managed in investments, but very little can be said about gambling regarding risk management.

In investment, various strategies can be applied by the investors to mitigate losses, such as diversification of investment portfolio across various assets and stop-loss. These strategies help investors play safe by reducing the impact one or two bad outlays will have on their capital base.

The risks accompanied by investments are very low. This is why governments and most financial institutions worldwide consider their returns small and considered safe.

Gambling

You can’t say you gamble if there is no risk involved. When you gamble, the odds are usually turned against you and in favor of the house. This disadvantage is a fact that you can’t change. You are either betting against the casino or a fellow gamer, creating a scenario where one person has to lose the bet for the other to win. It also means most wins are based on luck.  

The benefits of investing in gambling is that it’s highly profitable. A player can recover all losses with a single win in a day. To manage your risks better, it is advisable to control your gambling habits and play games that require more skills and less luck.

3. Information

Investment

Information is power; when investing, you have a lot of power to control and change your financial future. Before venturing into any investment, there are lots of records and facts you should study to aid you in making the right call.

This information helps investors weigh their options when deciding on an asset to invest in. Also, while investing, you can always take the opportunity of analyzing historic records and other market factors capable of improving your gains and reducing your risks.

Gambling

The lack of information is one thing the gambling industry capitalizes on to make a profit. Besides sports betting, where limited raw data of players and their teams are made available online, betting information is hard to access. Most casinos and betting platforms hide this information to always have the upper hand, putting bettors at a disadvantage.

Conclusion

From the points highlighted in this article, you can see that both investment and betting have their pros and cons. With investment offering lower risks and gambling higher returns, picking the best all boils down to a person’s needs and how fast they want those needs met.

Whichever you choose, ensure you conduct extensive research to lower your risks and improve your gains.

What do you think?

Written by Brandon Westhoven

Brandon Westhoven is a technology and gaming guru journalist for MiLLENNiAL. When he’s not writing, you can find him mobbing on the dirt bike track.

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