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The main difference between the two activities is that in gambling ‘the stakes’ or ‘the wager’ is placed on an event without any basis of the outcomesThough, gambling and betting seem to be the same, they are subtle differences between the two addictive activities. The term ‘Gambling’ is generic that...
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How you name it matters: 'gambling' vs. 'gaming' | Cornell
THE GAMBLER - Pragmatic Capitalism The primary difference between gambling and investing is the determinability of the outcome. The lottery for instance, is entirely unpredictable. Purchasing government bonds has a high level of predictability. The following diagram helps break down the gambling/investing spectrum: The Differences Between Black And Gray Gambling Markets “The illegal market and the gray market have significant overlap, and much of what is considered illegal versus gray will feel arbitrary to many people. Frankly, the difference often comes down to how obvious it is to prosecutors that gambling is occurring, and how much political will there is to address a particular form of gambling. The differences between gambling and gaming
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