Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Do you think gambling operates like a ponzi scheme??
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="springtech, post: 86681, member: 29282"] Well i I have a contrary opinion. Im terms of their modus operandi and operating principle they are not the same. But in terms of risk to reward model you can say they fall in the same category. Ponzi schemes are designed in such a way that one person pays the other person, the cycle continues like that until a saturation point is reached and the center can no longer hold anymore, the payment can not be sustained by the number of members in the system except there is a massive recruitment of new members who will now eventually loose their money. However gambling is not like that. It works on the principle of prediction, if 1000 people make 1000 wrong predictions, none of them would earn anything thus all the stakes amount goes to the bookmakers and the agents. Do people loose in both? Yes Do people earn in both? Yes though with more percentage loosing. Are they the same? No [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Do you think gambling operates like a ponzi scheme??
Top