Blurred Lines Between Gambling and Investing

Gambling and investing have become increasingly intertwined. With the rise of mobile phone apps, people like Mahesh Saha can place bets on various markets, including stocks, elections, and sports outcomes.

Saha, a 25-year-old law student, made an investment that paid off handsomely. He bought options on Cameco Corp., a uranium producer, with the expectation that its stock price would rise. After just 90 minutes, his bet became profitable, earning him an 84% return.

However, Saha’s experience highlights the blurred lines between gambling and investing. His goal was simply to make money grow, not to speculate on specific market movements. Yet, the ease of mobile phone bets has led many young people like Saha to take risks that could result in significant losses if they don’t understand the underlying markets.

As more investors participate in this type of betting, regulators and financial experts are sounding the alarm about the dangers of speculation over informed investing. With the stakes growing higher, it’s essential for investors to separate fact from fiction and make educated decisions – not just hopes and prayers.

Source: https://www.bloomberg.com/news/features/2025-11-21/with-robinhood-kalshi-it-s-getting-harder-to-tell-gambling-from-investing