Comment by fc417fc802
4 hours ago
I don't follow. What's the definition of "pure" gambling here? Do you consider for example poker to be pure? Sports betting?
Personally I consider any monetary wager where the individual isn't personally invested in corresponding productive events to constitute gambling. By that logic poker, horse races, prediction markets, futures, and even the vast majority of day trading all constitute forms of gambling.
Lotteries are pure gambling because you can't influence things, I guess that is what he meant. The examples you mentioned are then "impure gambling" since its inherently possible to influence the outcome without breaking the rules. It isn't illegal to bet on a hose that you gave extra good shoes and so on.