MS Mr. Smith (not verified) 3rd March 2013 | 9:30pm I like the distinction between speculation and gambling. Gambling is when a person places a bet without knowing the odds of winning. Speculation is when a bet is placed only when the odds of winning are known. Reply
I like the distinction between speculation and gambling. Gambling is when a person places a bet without knowing the odds of winning. Speculation is when a bet is placed only when the odds of winning are known.