Re: [Article] Is Playing Poker ReallyGambling?
2/3 * 1 + 1/3 * -1 = 1/3 on your money.
Regarding the main question, the issue to me is one of semantics. When people say gamble they often take it to mean (in part) 'a game in which you expect to eventually lose', even though it's meaning really implies risk but says nothing about EV.
Regards, Punter
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