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As we all know Google deems gambling to be a dangerous & immoral and will not accept ads which promote gambling in any form.
Having just done a quick search on google for ‘Stock Market Investments’ I see 100s of ads for brokers, investment clubs and financial planners from all the well known high street banks etc.
Surely ‘investing’ in the stock market is one of the biggest gambles on the planet!!!!!
If you want to bet £10 on Manchester United winning the European cup that’s gambling, if you want to ‘Invest’ £200,000 of your life savings in the stock market that isn’t a gamble?
Could a case not be argued that by displaying ads for stock brokers and financial institutions offering ‘Investment’ advice etc that google is infact breaking it’s own rules?
If someone did sue and win, google would be forced into pulling the ads and lose millions in revenue or it would have to change it’s position on what gambling is.
if someone sued and lost at the very least, it would mean that ‘investing’ money on the possible movement of prices on the stock market doesn’t legal constitute gambling then companies like Betfair should also be able to advertise their services too. If all online sports books then offered a line on stock market prices – well couldn’t they too advertise on google just like the brokers and investment companies?
The financial markets are heavily regulated in most contries, so I see quite a big difference.
@pjotter 166642 wrote:
The financial markets are heavily regulated in most contries, so I see quite a big difference.
Heavily Regulated! :roflmao:
http://en.wikipedia.org/wiki/Northern_Rock
http://news.bbc.co.uk/1/hi/business/7296678.stm
The main arguement should boil down to what constitutes ‘gambling’. if you invest your money without a guarantee of getting a return or even your original investment back then I would class this as gambling. This is the situation for many types of investment in the stock market.
Betting on Germany to reach a major football final regardless of how poor their team is seems to be the only sure thing left in the world.
The main arguement should boil down to what constitutes ‘gambling’. if you invest your money without a guarantee of getting a return or even your original investment back then I would class this as gambling. This is the situation for many types of investment in the stock market.
Ok, but then insurance, any prepayments etc etc would constitute gambling. I wont contradict that you actually can consider this as gambling in some wird way, but then the definition of gambling is useless in relation to your inital suggestion.
Let’s agree on getting up in the morning is a gamble :hattip:
gambling comes under fire from many different areas – social, moral, religious etc etc and so its always going to be a difficult area – despite the fact its been arouind for thousands of years. gambling is seen as risk whereas investment is seen as…investment! its about other people’s attitudes really – i would think google are simply protecting themselves financially – perhaps other and makjor financial backers would pull out if gaming was seen other than immoral on google?
@pjotter 166690 wrote:
Let’s agree on getting up in the morning is a gamble :hattip:
It certainly is!! :hattip:
Yes, I guess in many ways insurance is technically a bet, in effect you’re betting/covering the outcome of an event, like a flood or fire happening and the insurance company is betting that it doesn’t happen.
So that adds another industry which should be banned from google adwords!! All im asking for is a level playing field for each industry…
