Both are correct.
Gambling covers a wider range- any act of risking money with the possibility of winning or losing it.![]()
1. I had a barbeque at my aunt's house.
2. I had a barbeque at my aunt's home.
Which one is correct and why?
Are there any difference between "betting" and "gambling" ?
Both are correct.
Gambling covers a wider range- any act of risking money with the possibility of winning or losing it.![]()
To me, gambling means you don't have any tangible element to think your bet is a good proposition in the long term. If you play craps, you gamble b/c obviously you won't win in the long term -- even though you can book some nice winning sessions.
Betting is neutral; it just means you wager money on something. Traders on the stock market essentially make bets, but they certainly must not gamble!
FRC
Thanks to all of you! So good to have somebody clear my confusion!