No online betting is not an investment but I see things in investing that can be seen as investing with betting. For example if you buy a stock, you hope that that stock and the price will go up so you can make money when you sell. That is not betting where you pick a football to win a game.
With the stock, you are investing in the company because you believe in that company. With stock investing, once you buy the stock, you became a part owner of that business and you get to vote on things in that business. With dividend paying stocks, you will get a dividend just for holding the stock. I do see some ways betting as a investment but it really is not.
When betting, is out of your control. I can sell that stock before it tanks or hold on to the stock. With betting once the game is over, then it’s over. I can hold that stock for years and it’s the same thing with real estate where you hope the value of the house goes up and you can rent out the house for passive income.
I do see crypto being something like betting because you buy a coin and you hope the price goes up so you can sell but you own the coins and you can hold for a long time and anything that you buy that is cheap and you can sell at a higher price is not betting.
Every business does that where that buy products at a cheap price and resell that to people at a higher price. So betting is not an investment, you can make money while betting but betting is out of your control and other investments are in your control. I made video below going over this topic.
