Re: From today\'s Wall Street Journal
 

The good news Jack - your reposts are a riot. The bad news - these people vote. I'll be in LV Mom's Day Weekend - hangin' in the MGM.

Re: From today\'s Wall Street Journal
 

[ QUOTE ]
Obviously it is skill or no one could make a living off of it, they and everyone else would be breakeven (ignoring rake).

[/ QUOTE ]

Just because the average is breakeven doesn't mean most people (or even ANYONE) will be breakeven.

If you held a winner-take-all tournament where everyone had 0 EV, the winner would be the lucky pro for the day.

Re: From today\'s Wall Street Journal
 

The legal ramifications of the skill v. luck debate is interesting.

In Canada and Ireland (and probably other places I don't know of) there is no tax on poker income because it is lumped with games of chance for taxation purposes.

In the U.S., it was a big fight to get it treated as a game of skill so there would be less tax on poker income.

Kinda funny.

Re: From today\'s Wall Street Journal
 

I agree. Us stewpid peepole could reed it and still no get it.