Quote:
Originally Posted by AndyC
Good question. Probably no difference. In my view, betting involves far more risk than investing. The term "investing" is used when someone wants to make their use of money sound sensible and "betting" is used when someone wants to make the use of money sound irrational.
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I don't think those who are admitting reality such as the lottery, poker, and slot machines being gambling is doing so to make anyone sound irrational. It is what it is.