Really? I prefer not to gamble, but given a choice between (a) & (b), I would choose (b) every time.
a. Odds against you, govt regulated.
b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated.
Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.
Compared to casinos, altcoin gambling is higher risk but also higher reward. If you'd put $50 into each new coin released since 2011, you'd have a lot of worthless coins... but your Ethereum would be worth nearly $12k. Litecoin and OMG alone would add another $1k.
a. Odds against you, govt regulated.
b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated.
Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.