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Old 05-04-2007, 05:00 PM
morphball morphball is offline
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Join Date: Nov 2005
Location: raped by the river...
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Default Re: NEW LEGISLATION PASSED: ONLINE STOCK TRADING NOW ILLEGAL

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What's the difference? I'll point out a few.

1.) Investing contributes to U.S. GDP and is taxable. Offshore poker operations do not.
2.) A decent poker player can potentially have a bigger edge with less uncertainty (at modest stakes) than a "decent" investor.
3.) To almost anyone outside of poker, the difference is that poker is a game of chance and investing is a game of skill. You won't be able to convince them otherwise since they live in the real world and you are some kooky gambler.

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All of these are completely false, except the last one is not as glaringly wrong.
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