Well it is hard to say, it can be gambling, cure, relaxation, stress relief... Gambling if you loose a lot of your income and is affecting your social habbits Cure if it helps you to sharpen memory and mathematical skills Relaxation if it helps you to turn off the brain Stress relief if it helps you to get rid off of negative energy..
Poker is a game that includes gambling , you put money on the line and sb loses , sb wins , but is a mental game as well that is based on skill and mathematical backround and these skills required are more important and prevail on the long run if used wisely and in the right way .
That's why some players , not few , have a lot of earnings from poker games , multi millions of $$$ like Phil Iphy , cause they know the ''demarcation line'' between gambling and mathematical statistical based playing game way based on rules and game theory .
Or they might not know all about theory , but the more knowledge they have , the lbest decisions the'll make , the less downswings the're gonna face , the more money the'll win 🙂 .
The simple gamblers ? All their money are burned money or whatever they call them ,allways fish , even if they have some winnings on the short time term based on the factor luck .
So just ambling ?? I wouldnt say so , especially on a tournament 🙂
That's why some players , not few , have a lot of earnings from poker games , multi millions of $$$ like Phil Iphy , cause they know the ''demarcation line'' between gambling and mathematical statistical based playing game way based on rules and game theory .
Or they might not know all about theory , but the more knowledge they have , the lbest decisions the'll make , the less downswings the're gonna face , the more money the'll win 🙂 .
The simple gamblers ? All their money are burned money or whatever they call them ,allways fish , even if they have some winnings on the short time term based on the factor luck .
So just ambling ?? I wouldnt say so , especially on a tournament 🙂
I think that any action as a result of which it is possible to win (or to lose) a certain quantity of money needs to be classified as hazardous. In certain cases, even games and various disputes of interest can also be regarded as hazardous occupation. Poker - unambiguously gambling
Poker is one of the more complex forms of gambling, but nonetheless gambling: the decision making, reading of opponents, pattern analysis, odd calculation is the skill portion, but luck is still involved so unless you play home games and take turns dealing and you stack the deck, yeah poker is a form of gambling.
Yes, poker is gambling.
Many of those with the audacity to impose their morals on others love to lump poker in with lotteries and bingo and any other gambling horror story they have ever heard.
Despite the randomness of which cards get dealt to which players, good players have an advantage in the long-run through a better understanding of how the game works and betting strategy. 🙂
Many of those with the audacity to impose their morals on others love to lump poker in with lotteries and bingo and any other gambling horror story they have ever heard.
Despite the randomness of which cards get dealt to which players, good players have an advantage in the long-run through a better understanding of how the game works and betting strategy. 🙂
gambling is gambling
I don't know what forrmula to use to figure out what percentage of luck is in poke but I don't care what mathematician, professional poker player, ect try to tell me preflop percentages on pocket pair beat any other off suit cards... to me any preflop allins are all luck and 50/50. no one can predict the next card they card only hope for it. The skill lies in the showdown.
As far as poker and stocks being gambling or not... he's wrong. money doesnt have to be put up for it to be gambling it can be anything like washing a car or cleaning a house or jogging 10 miles. its just placing a simple wager which can be money, labor, or some type of dare to perform
MaddB said:
I don't know what forrmula to use to figure out what percentage of luck is in poke but I don't care what mathematician, professional poker player, ect try to tell me preflop percentages on pocket pair beat any other off suit cards... to me any preflop allins are all luck and 50/50. no one can predict the next card they card only hope for it. The skill lies in the showdown.
As far as poker and stocks being gambling or not... he's wrong. money doesnt have to be put up for it to be gambling it can be anything like washing a car or cleaning a house or jogging 10 miles. its just placing a simple wager which can be money, labor, or some type of dare to perform
Any card game for money is a gamble. Your friend is telling the truth - poker is not just luck. This is more mathematical approach. But poker is still a gamble.
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Good luck in the game and life😉
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Good luck in the game and life😉
of course its gambling, i have a feeling your friend is going to get a dose of reality in the near future..
some people are better than others; which will tip the playing field for the better player. however at the end of the day nothing is 100% guaranteed.
stocks, poker, life nothing goes a certain way. variables happen, and will always occur.
some people are better than others; which will tip the playing field for the better player. however at the end of the day nothing is 100% guaranteed.
stocks, poker, life nothing goes a certain way. variables happen, and will always occur.
Depends, for some who play they are athletes participating in a sport that isn't so much athletically challenged yet challenging nonetheless but for many players it is all a gamble and they play poker like people who hit the slot machines.
If you face the game called poker with luck only, this is gambling, BUT you will not have success. You need psycology and maths. These mean that you need knowledge. We are using luck when there is not enough knowledge about something. This happens also to the 'markets', we are trying to find knowledge to choose the right investement.