... a thing worth buying because it may be profitable or
useful in the future
(OED)
... the process of
exchanging income during one period of time for an asset that is expected to produce
earnings in future periods. Thus, consumption in the current period is
foregone in order to obtain a greater return in the future.
(Encylopeadia Briticannica)
|
... playing games of chance for money;
take risky action in the hope of a desired result. (OED)
...the betting or staking of something of value, with consciousness of risk and
hope of gain, on the outcome of a game, a contest, or an uncertain event whose
result may be determined by chance or accident or have an unexpected result by
reason of the bettor’s miscalculation
(Encylopeadia Briticannica) |
Chance, risk, uncertainty - these are the things that define gambling.
Investment is the outlay of money for future profit.
As you read this guide it will become clear that Matched Betting is
the outlay of money for future profit and is therefore investment.
Matched Betting involves betting but not gambling. There is no
chance or uncertainty.
Matched Betting is like a Buy-One-Get-One-Free (BOGOF) offer where, having
bought two items for the cost of one, you can sell both items at
full price.
See The SImple Theory ...
|