Any kind of gambling.
0
Does the stock market qualify as gambling?
I say it does!
Day trading may qualify as gambling. Buying and holding for long time should not.
Totally agree. Day trading is basically sports betting for finance people.
Sort of. It’s more of a scam for rich people to get richer. They let little people pretend it’s a fair game.
If you think stocks are only for rich people you’re actually financially illiterate.
that’s not what they said
Yes but we need to know how much leverage you had as well. For science.
TQQQ or GTFO!
Not really. 3x is too crazy for me
Say a hundred bucks? I sincerely hate losing money, so if I gamble, it’s always with a very limited amount of money, and once it’s gone, it’s gone.
Yeah same. Once I visited Niagara falls with my bro and we were kind of into poker at the time so we each took 100$ and went to the casino. Got fleeced by a texan looking old guy with a cowboy hat then we went back to our hotel lol. I have many vices but apparently gambling isn’t one of them.
Does my 401k count?
Why, how much did you lose with it? How did you do it?
Was mainly making a cynical joke. That said, my 401k probably does represent the largest gain or loss I’ve had in a week or month; probably even a day, given how wildly the markets can sometimes fluctuate.
Sure, but daily changes in account value are not money lost. Sry for being too serious but there’s something about characterizing responsible financial planning as gambling that annoys me.
$20
That was my absolute limit to waste on gambling, the very few times I went to a casino. In 2000 I went to a “riverboat” casino in Lawerenceburg, IN to play slots and ended up winning $250. Which put me at a net positive for all the gambling I’ve ever done.
That was the last time I ever walked into a casino.
I quit at 5 euros, lost it within a minute at slots and was done lmao.
Real life money? 0
Video game money? Highest was ~1e57 (Balatro)
Lost like $200 on my Son’s bday. He did quite well though!
$3. Lived in Reno for decades. Would take a buck and go play the penny slots to get free drinks and get plastered with buddies.
This is the only way to beat the house.
I have lost 10 million silver lions.
Never gambled with real money.
I spent 2 years doing casino revenue audits. The amount of money the high rollers would loose in one night was disgusting, we are talking 7 figures.
What blows my mind the most is how the math works out in the long run. A $1 slot machine could have a $100,000 prize but you would have to play it 200,000 time to hit the jack pot. You don’t play against the house, you just give them your money.
40€
It was a poker tournament with friends, 10€ buy-in.
I got drunk and bought in another 3 times, then lost it again from making dumb drunk bets.I never gamble with serious money cause I know how it would end. I’m susceptible to addictions.
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OMG! We might have a winner. Well… for the question. That is a ton of money to lose.
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That’s definitely the way to do it.
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Proud to say I’ve never used a pokie machine, but I’ve lost money on things that could be labelled ‘gambling.’ I was doing quite well on the stockmarket, I had a bunch of shares that were just about to push me significantly into the green, but then trump shat all over it. I lost about $100 USD in the end, which isn’t too bad.
I set a $ limit. When it’s gone, it’s gone.
$100.
I’ve been to casinos twice, and hosted countless $10 buy-in hold 'em games at my place years ago.
On the poker games I definitely lost out more often than winning anything. But had good times.
Went to Vegas once for a 311 concert a little over 10 years ago, and obviously went to a casino where I stayed, because I’m east coast, so I go on my farthest trip from home ever to the gambling capital of the world, of course you go to the casino.
Would have loved to try some Hold 'Em there, but never saw any table games at all running. The only thing I saw happening at all was slot machines.
Do I brought $50 cash with me one day and left my wallet in the room. Lasted for hours, but lost it all eventually. Which is what I assumed would happen, and why I didn’t bring my wallet with me.
A couple years later the group that went on that trip was going to a casino somewhere within about 5 hours from here. Can’t remember where exactly. Not Atlantic City, but somewhere on this side of the country.
Anyway, actually won about $125-150 or so. Bought fast food dinner for the group with it, kept about $40 or so.
So given that I had a good time, I’d say I came out ahead.
