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)
$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.
Lost like $200 on my Son’s bday. He did quite well though!
How could you not know when your son’s bday is? And why would you bet on it?
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.
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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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I set a $ limit. When it’s gone, it’s gone.
$100.
I have lost 10 million silver lions.
Never gambled with real money.
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’ve been to Vegas once. I played 4 quarters in slots and on my last one, I won $1.25.
I stopped while I was ahead.
I got a lottery ticket and won. I traded it in for two new tickets and lost. Oh well… -$6.
