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by mewpmewp2 1959 days ago
I don't like to call this gambling or casino because it's got a poor reputation. It's simply having fun while learning about the world and doing all of this together as a community. I really hate that it's judged or talked about so negatively.
3 comments

There is absolutely nothing wrong with gambling.

There is absolutely something wrong with gambling when you are borrowing the money, or affecting your family.

As long as people acknowledge that gambling is a risk and put "at risk" money in, then it's fine. I don't even mind the losses people post on the sub reddit because there is a clear understanding on WSB that it's gambling. Many people over there talk about risk portfolio and exit strategies, it's not a place that encourages loss of mortgages, in general.

Also, there is a very clear difference between gambling and investing. Betting it all on a single stock is really the only thing I consider gambling in the market. Even if you don't like index funds and want to spread your money around it's all about your risk tolerance at that point. Even index funds are gambling in the short term.

How many people - so many opinions. Everyone can be right in some aspects of gambling, and some aren`t. In any case, this is risk + luck. I myself sometimes look at proven casinos at https://nettcasinorsk.com/ and choose 1-3 where it is possible to try my luck. And regardless of any outcome of the game - the choice is always up to the player
Who says casinos aren't fun?
They are. Just feels like there's negative connotation related to that, maybe it's just me though.

In casinoes house takes more than in stocks though and stocks are more nuanced.