Well thats not the case.
As its not legal its not worth discussing also on this platformš
You can relate it with tradingā¦itās kind of similar to trading. Afterall Trading is almost like gamblingā¦LOL 
if you say gamble then ok ā¦
we like this profession only then
and all sector has gamble if we really use gamble word
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@systemtrader Appreciate your courage to come into a forum full of Traders and call their Trade āTrading is almost like gamblingā. (99.99% members are into trading and only 0.01% i.e āmeā a small investor).
I cant say it here because I will be lynched but I agree with your statementā¦
Disclaimer: Said in a lighter note, no offence to anyone. Each one to themselves and fully believe in Live and Let Live.
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Thanks Nehaāŗ
Opinions differā¦but as far as I understand those who actively and seriously trade, know that shear nature of trading is like gamblingā¦
Every trade that I take is a chance which would either work or notā¦all I can do is have a proper trade plan which includes managing my risk and money so that I take chance after chance to let law of large number works in my favourā¦
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Great post. And i agree that all the things that apply to gambling also apply to trading. Whether they both are same or not is a matter of semantics and hardly matters. What matters is that similar concepts like bet size, position sizing etc are the present in both. And also that it is very hard to get the role of āhouseā in gambling. Very few people can open a casino. But anyone with 1-2 lakh can assume the role of the casino owner by selling options.
Let me add some moreā¦
Why most traders donāt actually love to accept trading as gambling because they take a lot of real efforts in studying almost every indicator, chart patterns, different instruments, different segments, technical analysisā¦
After studying a lot of things they begin to feel like they deserve to be profitable now as they have taken so much hardworkā¦
They relate it with something like studing hard to clear exam and now they deserve a better post with better earningā¦
But unfortunately even knowing all there is very less chance that they become good traderā¦
But yes they can become good teacher or technical analyst or work for some brokarage firmsā¦
so,studying indicators etc wont make a good trader then what makes a good trader?
Managing risk, believing in you and your trade plan and handling drawdownsā¦ 
Well studing indicator is not bad if it is going to be a part of your trade planā¦
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bro,as simple all are important for successful traderā¦
without practice all books r useless and all books r useles if no practice
as simple
Hahaā¦I agreeš
what isnāt gambling?
We take a chance with education, hoping to get a job some day.
We join an employment, hoping to get promotion some day.
We start a business and incure all the capex. The bet is huge over here. Nobody says only less than 5 percent of the startups work.
We get married, hoping we will have a beautiful family.
We retire, hoping that we can now enjoy.
We die in search of eternal peace.
Our whole life is a gamble
In my opinion when somebody is using their knowledge to gain some advantage its not gambling. Trading is just like business. If you consider it as gambling, how is long term investing isnāt? There also you use your strategies and knowledge to buy and sell. Just that the time horizon in case of investment is higher. You have some strategies to out do the others. Different people use different strategies. Some click, some donāt.
I consider only speculation as gambling because its just a random guess.
Having said all that, I am a long term investor believing more in fundamental analysis. But we shouldnāt undermine the efforts of a trader and call it a mere gamble.
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Almost same thing I mentioned here Jason 
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Some thought came in mindā¦ 
Suppose I drink, my friends call me āBewadaā (Drunkard). When I hear this word Bewada, I get angry on them. But itās the FACT that I drink.
So whenever I sit to drink, I start thinking about that word and get uncomfortable, feel bad.
so even when I am drinking, I am not really enjoying the process of drinking.
But the day I stop caring about what people call me and just focus on drinking, I actually start to enjoy it, isnātā¦??
This happen with Traders as well. When they start trading, people call them, 'you are gambling and you will lose all your moneyā¦" Traders get uncomfortable thinking," how is this gamblingā¦? I worked hard so much, learned every patterns, indicators. Now I will prove others that this isnāt gamblingā¦"
so when he takes actual trade, he is not comfortable because all he wants is profit. He wants to be right in every trade, thatās how heās gonna prove others that he is not a gamblerā¦He is so burdened that he never enjoys the process of trading.
If we consider trading as gambling, first think that happens is we stop creating biases like need to be right, need to be perfect, need to prove somethingā¦
second, as trading is risky like gambling, we take all measures to reduce those risks,
last one when we consider trading as a game of chances, we love and accept losses equally as we love and accept profits
Luck tends to favour the prepared mind. Know the odds, place the bet, manage the bet size and stay persistent and patient. It helps if one has objective data to analyse the odds over a long period of time under diverse market conditions.
Gambling as it is equally applicable to any of our life choices including trading the market may be itās better to look at all those choices from a risk - reward perspective.
I did not understand what exactly you are trying to say here. DNA and Karma and what not. I have no idea why are we talking about spiritual things too.
Anyways. All that I wanted to convey was its the way we look at things. You can consider anything as gamble and you can consider anything as not gamble.
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Itās an interesting post that highlights the difference between a gambler and a professional gambler. Itās all about having a strategy and knowledge of the game. Just like in a nettikasino, where having a good understanding of the games and their odds can improve your chances of winning.
Mr. Aās excitement and lack of strategy led him to lose all his capital in the first bet, while Mr. Bās calm approach and research helped him to limit his losses. This is the key difference between a gambler and a professional gambler. In a way, itās like investing in the stock market.
Gambler loses his money. Professional Gambler loses other peopleās moneyā¦ 
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Thanks for sharing this case study. Itās a great example of how having a solid plan and a realistic mindset can make all the difference when it comes to gambling.
Donāt try this at home!!!
Without paywall (atleast some more text):