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2020 Irish Open Main Event Starts Today, April 8

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POWERFEST #28 Super High Roller Final Table Results

PlacePlayerCountryPrize
1OCD_RedBaronBulgaria$17,885
2BaronnnaaaNetherlands$12,070
3CHUFFTYUnited Kingdom$8,520
4frokennaturSweden$6,035
5slime16Canada$4,437
6DorianriosvnzlaVenezuela$2,946
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  • Money: Gambling almost always involves the staking of money in contrast to the other types of assets that investors use, eg. property, stocks, etc.
  • Time period: Gambling is usually a short term activity by its very nature, with most bets settled instantly or within a few minutes, except for long term bets like outrights. In contrast, investments tend to mature in months to years.
  • Research: While it is possible to glean some small advantage by researching the history of runners in horse races or the performance of your favourite sports team, generally speaking, there isn't much you can do to influence the outcome of your bets in gambling. Even betting strategies and skills have their limits. When investing, the amount of research you do into the various opportunities can have a direct bearing on the outcome, making the risks more calculable.
  • Returns: In gambling, if you don't win, you lose, simple as that. In investment, you may suffer a loss in value, but it's rare to experience complete losses thanks to a range of checks and balances between regulation and tools such as stop losses.
Though the lines can be faint, there are differences between gambling and investment, but where does that leave cryptocurrency?.

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