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Poker Discussion
General Poker
Is poker "gambling"?
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[QUOTE="dj11, post: 1631910, member: 13851"] Agree with Stu that words have specific meanings. Problem is there is no perfect specificity as to definitions in MOST cases. Concrete definitions can describe simple things like 'circle, ball, flat, wavy, dog, cat (very generic), etc. Words and combos of words help humans describe [B]concepts[/B]. When we start making combination's of words we open ourselves up to interpretations. This can not be avoided. If it were avoidable, the legal system would be perfectly understood by everyone, and we would all know advanced calculus, because each word was absolutely defined. Easy way to describe this interpretation is to ask you to define your first love. Do you think any of us would agree? The underlying concept of gambling is very close to the concept of investing (risk for gain). While the concept of investing has garnered the cloak of respectability, the concept of gambling has had too many charlatans for too many years and respectability is mostly lacking, but the risk for gain part of it remains. I believe at its heart the difference between investing and poker (don't see it as gambling) is time. For any individual play, investing or a single poker hand, circumstances beyond our control weigh heavy. A poker hand plays out quickly, whereas a loan (you loan money to someone when buying a stock) takes time to bear fruit or perish. In investments, the equivalent to a poker starting hands chart is 'diversify'. It has always been easier for the government to track investment money than poker money, and somewhere along the line the government got the opportunity to regulate, and tax investment money. So while the topic of this thread is specific "Is poker gambling" the concepts involved are so much bigger. And the implications even larger. All that said there is another aspect of investments that can not be compared to poker, but still can be compared to gambling. Other than new ways to gamble, there is little widespread opportunity for innovation with gambling. With investments however there is that slight opportunity to innovate, or improve something that can benefit all humanity. Some of those opportunities pan out, most don't. [/QUOTE]
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