is it gambling ?

dlam · Dec 22, 2011

MediaBLITZ said:
Okay that's just ridiculous. Whether or not it is the act of gambling is not determined by the outcome. The act of gambling is directly linked to the wager itself.

That makes no logical sense. The whole reason why we wager is to put money on an outcome. The act of betting is solely based on what we feel the outcome might be

dlam · Dec 22, 2011

MediaBLITZ said:
Okay that's just ridiculous. Whether or not it is the act of gambling is not determined by the outcome. The act of gambling is directly linked to the wager itself.

LuckyChippy said:
I don't even...if I win a bet at blackjack does money appear out of thin air or are they wagering money against my money too?

Oz nailed the second one.

At least Oz has some decent thoughts about the subject and not just spilling definitions. we have to disagree on this then In my books a gambler is that one who bets the money and the casino takes the bet and is in the business of gambling. The compulsive gambler makes gambling his pleasure while the casino makes gambling his work

PotluckXXI · Dec 22, 2011

I "yawn" at you sir!

Poker Orifice · Dec 22, 2011

MediaBLITZ said:
Okay that's just ridiculous. Whether or not it is the act of gambling is not determined by the outcome. The act of gambling is directly linked to the wager itself.

Perhaps you 'gamble'??... but I play the pokerszz

LuckyChippy · Dec 22, 2011

Because there is nothing to say beyond the definition, it is what it is, make your own decision.

Yawn.

dlam · Dec 22, 2011

Yawnnnnnnnnnnnnnn
Snooring zzzzzzzzzzzzzzzzz
close the thread!

MediaBLITZ · Dec 22, 2011

dlam said:
That makes no logical sense. The whole reason why we wager is to put money on an outcome. The act of betting is solely based on what we feel the outcome might be

Agreed - what I am saying is the act of betting is gambling regardless of the outcome. It is ridiculous to say betting on my flush draw is not gambling when I hit it and it is gambling when I miss.

fletchdad · Dec 22, 2011

PotluckXXI said:
I "yawn" at you sir!

LuckyChippy said:
on.

Yawn.

dlam said:
Yawnnnnnnnnnnnnnn
Snooring zzzzzzzzzzzzzzzzz

When I do it, its a crime.

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

MediaBLITZ · Dec 22, 2011

Poker Orifice said:
Perhaps you 'gamble'??... but I play the pokerszz

Actually, I do not gamble - I wager on statistically sound outcomes :icon_thum

CuttleFish · Dec 22, 2011

Hey Fletchdad, I'm sorry I was a knob with the whole "yawn" thing.......

Peace,

CuttleFish

fletchdad · Dec 23, 2011

CuttleFish said:
Hey Fletchdad, I'm sorry I was a knob with the whole "yawn" thing.......

Peace,

CuttleFish

Hey CF, no problem. It is a forum where everyone can say what they want. But thanks for saying. And I have gotten a new SN subtitle out of it...lol.

bremensha · Dec 23, 2011

If you dominate the tables in low limits you have to do the next step. Otherwise you are taking money from the blinds.
But you have to go back to lower level if you have lost about 40% of your bankroll.
As long as you act in this way it's no gambling, it's a strategy to reach the maximum.

OzExorcist · Dec 26, 2011

dlam said:
At least Oz has some decent thoughts about the subject and not just spilling definitions. we have to disagree on this then In my books a gambler is that one who bets the money and the casino takes the bet and is in the business of gambling. The compulsive gambler makes gambling his pleasure while the casino makes gambling his work

...but everything I've said has just been a logical extrapolation of that definition.

Seriously, answer me this: if you and a friend bet $5 on the toss of a coin, are you both gambling?

dlam · Dec 26, 2011

OzExorcist said:
...but everything I've said has just been a logical extrapolation of that definition.

Seriously, answer me this: if you and a friend bet $5 on the toss of a coin, are you both gambling?

Absolutely. I am just saying that casino will accept a bet if there's stastical house advantage. If the casino can make money on flipping a coin then that game would be available.
I see your point, and its a valid , accepting a bet woud be considering gambling, however Im just saying that the casinos have built in house advantages say in blackjack.
In poker there's no advantage and so the money's in the rake or part of the tournament fee.

Poker Orifice · Jan 19, 2012

calicard said:
What else can be said is this
It's totally disrespectful to yawn at someones post.

Really?

Ok..... YAWN!!!

MrEncryptor · Jan 19, 2012

It depends on personal definition of gambling, some would argue that putting money into the stock market is a gamble(just look at all the wacky DOW fluctuations) -- we can analyze the ratios and trends, but ultimately the fate of the stock rests in the competence of the managers.

In poker, we can chose whether or not we want to invest in the hand we're dealt or we can simply muck and cut our losses just like in stocks.

My personal opinion is that it's not much different than dealing with the swings of running a small business so it's not a full-on gamble like say roulette.

flatcaller · Jan 19, 2012

It is calculated gambling, even if you are 99% favorite to win a hand it is still a gamble. Risking money or anything of value is considered gambling.

FeltLikeIt · Jan 20, 2012

i would like to think poker is the least likely to be associated with gambeling becuase your always in control of your next move, Fold, Call, Raise, however becuase its still a game of chance and you are sacrificing money on that note it is still considered gambeling... What works though in your favor is the fact that, tournment fees and rake is already pre determined so tecnically it is like paying to play in a sport or hobby. You want to play ametur flag football, have to pay registration fee and for equipment. same thing here!

bossnasti · Jan 20, 2012

I like this definition. Poker is a Job/Craft, Manually using your hands(dexterity) to utilize chips, the knowledge(competence) in knowing % of a card coming for you or possibly your opponent. This isn't horse racing where your not able to tell the horse you bet on to stop, it's all or nothing in horse racing. In poker you choose how much you put in & better yet when to go in & when not to.

"a craft, trade, or job requiring manual dexterity or special training in which a person has competence and experience: the skill of cabinetmaking."- source: http://dictionary.reference.com/browse/skill

OzExorcist · Jan 22, 2012

bossnasti said:
I like this definition. Poker is a Job/Craft, Manually using your hands(dexterity) to utilize chips, the knowledge(competence) in knowing % of a card coming for you or possibly your opponent. This isn't horse racing where your not able to tell the horse you bet on to stop, it's all or nothing in horse racing. In poker you choose how much you put in & better yet when to go in & when not to.

"a craft, trade, or job requiring manual dexterity or special training in which a person has competence and experience: the skill of cabinetmaking."- source: http://dictionary.reference.com/browse/skill

...n'yeah, but that's irrelevant. The question isn't whether poker is a game of skill or not - the question is whether it's gambling.

DEdwardsNJ · Jan 22, 2012

I don't think there is a straight answer to this question as everyone's definition of gambling is different. I think its undeniable that there is some element of gambling involved in poker, obviously getting your money in as a 60% favorite is profitable over the long haul but on that specific "flip of the coin" you are gambling. But if you are a winning player with proper bankroll management you can mitigate any risk involved and make it profitable which makes it not gambling to most good players.

shinedown.45 · Jan 22, 2012

I found this amusingly appropriate

doomasiggy · Jan 22, 2012

tcummo said:
hi all,
I was having a 'discussion' with a friend about poker being a game of skill,
he insisted that it was still gambling.
there are elements of luck in every sport as far as I know.
In my case, I never gamble on anything (horses,dogs,sports,fruit machines etc.
and I never deposit on poker sites unless I want to withdraw (I grind freerolls then use good BRM to grind thru micro.)
I'm probably never gonna get rich from poker but I don't care, as I just
enjoy playing the game and growing my BR.
my point is, as I never use my own money to play,
how can it be considered gambling ?

He's right, it is gambling.

A footballer who kicks a ball will always have the ball travel in the direction that he kicks it. If he kicks the ball forward it will travel forward, not sideways, and not down towards the centre of the Earth.

Poker on the other hand relies on probabilities, and even in the best of situations there's still a chance of losing, which is why professional poker players take variance into account. The fact that we control the probabilities through various techniques doesn't change the fact that at the end of the day, those probabilities determine whether or not we win or lose.

MediaBLITZ · Jan 23, 2012

I always tell people I do not bet on things that I have no control over the outcome.
So I do not gamble on horses, slots, sporting events, STOCK MARKET, etc.
I do however, gamble on my performance because I can then manage the risk knowing my own capabilities.

bjj_mat · Jan 23, 2012

I would have to say that it is a form of gambling under the pretence that there is a wager between two people testing their skills against eachother, winner takes money.

If you were to bet 50 dollars on arm wrestling (something that is probably 99% skill, 1% luck), you would still be "gambling" on the outcome.

is it gambling ?

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