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Old 01-25-2007, 04:30 PM
JaredL JaredL is offline
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Join Date: Jan 2004
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Default Re: Is poker gambling?

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Here's a few links to past "Is Poker Gambling?" threads (they pop up regularly):

Is Poker Gambling?
Another one
Yet another

The short answer is yes. You'll get a lot of people who say no, but they're just arguing semantics and trying to rewrite the definition of "gambling". There's always RoR in poker.

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Name one thing in life where there's not RoR in some sense.

When lay people talk about whether poker is gambling, they mean, does an element of chance prevail theoretically? Although they never state this as such, that's what they mean. And the answer is, for the skilled poker player who has an edge, in the long run, no, poker is not gambling. If you argue that there's RoR in poker, well there's the same in putting your money in an insured bank. The bank could go broke via a national crisis, China could blow up our country when you're on vacation, etc. There's always RoR, no matter how minute. If you ask me my RoR with my BR playing the stakes I do, it's probably around 1/20,000. So it's gambling? I have a better chance of winning some lotteries than going broke.

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Again, the same applies to roulette, craps, (-EV) blackjack and any number of games that are without dispute gambling. In roulette in theory luck does not win out - you will lose a portion of the money you put on the table in the long run.

Why doesn't the same logic apply to -EV games that you are using for +EV games?
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