Which form of gamble is least risky
By Zap
@zap_81 (1019)
May 20, 2016 2:54pm CST
Gamble is a vice which many people have. I think sometime if not at all times, most of us think how one can get easy money. A lot of the people have done gambling and lost some money. Some on the other hand have won. So I am inviting views on which form of gamble has the least risk. Since I am starting the discussion I will commence with my view which is derivative transaction in stock market with a strict stop loss.
4 people like this
5 responses
@maezee (41997)
• United States
20 May 16
Isnt any investment a risk? I would say so. Stocks go up and down and companies go under. And then your money is reduced or gone in that case. I would call that gambling. And you are right, I do not trust that a lot of folks win big on slot machines.
1 person likes this
@zap_81 (1019)
•
20 May 16
@maezee I agree the prices go up and down but at the same time they do not give you the thrill of gambling unless you are heavily invested. My view about derivative was based on the fact that you play on the basis of margin money and not the value of the lot. In such a situation the capital invested in less.
@zap_81 (1019)
•
20 May 16
I am not good at card games. Same question to the one I posed to @@beaniefanatic13, what has been your winning ratio ?
@beaniefanatic13 (5076)
• Grand Junction, Colorado
20 May 16
I enjoy gambling, mostly slots at casinos. I have lost and won, I never gamble more than I can afford to loose. If I win of course I'm very happy, and if I loose I had a good time along the way.
@beaniefanatic13 (5076)
• Grand Junction, Colorado
20 May 16
@zap_81, I have no idea the ratio, I'm sure I loose more than I win. Although I don't live near casinos anymore and don't get to go but maybe once or twice a year. I have had winning streaks over the years, but I still enjoy. The only guarantee to win, is to not gamble.
@zap_81 (1019)
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21 May 16
@beaniefanatic13 Agreed but there are times when you feel you should try your luck. That said at the end you do feel you should not have tried your luck.
1 person likes this
