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My oppinion is that it depends on how much you play. If you play with a big enough bank roll, you will never go broke. This is off course if you are a winning player. If you lay 1 to 1 on 10 coin flips, you can win 10, lose 10, or something in between. That would be gamling. But if you play 10000 coin flips. It would not. Because if you add it up, you would have put 10000 buy-ins on the line. But you would not be able to loose all of them. It has to do with statistics. If you play 10 hands where you are a severe favorite you could loose all 10 of them. But if you play 10000 you would win a lot of money. Blackjack is gambling. Because the odds are always against you. So in the long run you will loose, unless you have a edge that is not supposed to be there.