Generate text that refutes this claim: Other forms of online gambling  What is the difference between gambling and playing the stock market? In each case people are putting money at risk in the hope of a particular outcome. Gambling on horse-racing or games involves knowledge and expertise that can improve your chances of success. In the same way, trading in bonds, shares, currency or derivatives is a bet that your understanding of the economy is better than that of other investors. Why should one kind of online risk-taking be legal and the other not?
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Gambling is quite different from buying stocks and shares. With the stock market investors are buying a stake in an actual company. This share may rise or fall in value, but so can a house or artwork. In each case there is a real asset that is likely to hold its value in the long term, which isn’t the case with gambling. Company shares and bonds can even produce a regular income through dividend and interest payments. It is true that some forms of financial speculation are more like gambling – for example the derivatives market or short-selling, where the investor does not actually own the asset being traded. But these are not types of investment that ordinary people have much to do with. They are also the kinds of financial activity most to blame for the financial crisis, which suggests we need more government control, not less.