Gambling-based

Relating to, or founded upon activities that involve wagering money or other valuables on an uncertain outcome, often involving an element of chance. It signifies a dependency on the results of games of skill or chance, and is frequently associated with the risk of financial loss and the potential for addiction. The term encompasses any system, business, or practice where monetary gain is dependent on the outcome of a random event or a contest where skill plays a part. This can extend to activities in person, online, and in different markets.

Gambling-based meaning with examples

• The casino's revenue stream is entirely gambling-based, relying on games like poker and slot machines. Their profits fluctuate with the frequency of players and their willingness to wager large sums. The financial performance of the establishment is directly correlated to the amount of bets made.
• Many online platforms offer gambling-based services, ranging from sports betting to online casinos, attracting users worldwide. These platforms have rapidly grown in popularity due to the convenience of access from any location with an internet connection, bringing with it additional risks.
• The government implemented strict regulations on advertising for gambling-based products to protect vulnerable individuals from the potential harm of excessive exposure. Such regulations focused on specific channels and included requirements for warning information.
• The company's investment portfolio included a significant amount of gambling-based stocks, reflecting a high-risk tolerance strategy. These investments, along with other activities, are based on the analysis of probability and potential returns.
• Some researchers study the psychological aspects of gambling-based behaviors, seeking to understand the triggers and underlying reasons for problem gambling. The goal of the research is often to find potential treatments or interventions.