Bookmark this thread as it will be my last. My purpose of a new thread is to get a fresh start with the first week of the season getting under way soon.
Gambling: The wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.
Investment: The commitment of money or capital to purchase financial instruments or other assets in order to gain profitable returns in the form of interest, income, or appreciation of the value of the instrument. [1] It is related to saving or deferring consumption.
I consider legal sports wagering an investment rather than a gamble. If a game has a outcome we can turn it into an income. BOL this season!
Gambling: The wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.
Investment: The commitment of money or capital to purchase financial instruments or other assets in order to gain profitable returns in the form of interest, income, or appreciation of the value of the instrument. [1] It is related to saving or deferring consumption.
I consider legal sports wagering an investment rather than a gamble. If a game has a outcome we can turn it into an income. BOL this season!