shadowninja
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it seems that it depends on what you are trading; sports betting seems more of gambling but stocks seems a bit more analytical therefore inclined a bit more to trading rather than blindly gambling. I think I have got a idea from your debates. : )
*sigh*
The premise of whether you're gambling or not depends on whether the return it guaranteed or not. In any case, a blind gamble as you put it could equally be done on Manchester United or Barclays if you don't do your research.