[integralid]

Stock market is not gambling, but you can definitely gamble on the stock market. Considering it's a zero sum game (instead of negative sum, like in casino) and it's taxed favorably I have no idea why anyone still does sports betting.

[ekjhgkejhgk]

> Stock market is not gambling

I don't like picking on definitions, because then we start discussing the definitions instead of the underlying points. But if you're going to make such definitive statements, then I have to reply with "depends on your definition of gambling".

> gambling: the practice or activity of betting : the practice of risking money or other stakes in a game or bet

[pama]

The financial markets are only near-zero sum at the level of large finanical institutions. For everyone else there is a cost per transaction (either a direct fee or your info gets shared with a favored sharkpool first). Limit orders give away information and market orders pay the spread between buy and sell. Not exactly zero sum at a technical level, but definitely much closer to it than casinos.

[ekjhgkejhgk]

Financial markets are positive-sum if you measure utility rather than cash. The person you were responding to is just generating garbage.

[pama]

Agreed on utility