Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

  • LwL@lemmy.world
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    6 months ago

    Shorting, crypto trading, options are all gambling. Long term investments are usually not.

    One is hoping that the price will go a certain way in the short term. The other is giving a company money so they hopefully turn it into more money. that is the difference, nothing to do with casinos.