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A comment on Americans increasingly see legal sports betting as a bad thing for society. Parent comment

Re:Americans increasingly see legal sports betting as a bad ... by koolba on Sunday October 05, 2025 @02:49PM (#45484122)
The words for this are hedging and speculation vs gambling.
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Re:Americans increasingly see legal sports betting as a bad ... by dpark on Sunday October 05, 2025 @03:41PM (#45484546)
Amusingly speculation is generally classified differently from investment in that speculation is considered gambling.

Hedging is a strategy for reducing risk in gambling (or investment).

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