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
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    -114 days ago

    kinda does

    “Kinda” meaning not actually.

    as close as anything can be guaranteed

    So not guaranteed then.

    • @Steve
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      314 days ago

      Yes. True. Just as not guaranteed as the sun rising tomorrow.