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?

  • rah@feddit.uk
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    3
    ·
    5 months ago

    kinda does

    “Kinda” meaning not actually.

    as close as anything can be guaranteed

    So not guaranteed then.

      • rah@feddit.uk
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        4
        ·
        5 months ago

        I’m glad you’ve realised that what you wrote was incorrect.