Is Poker Gambling?

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MaddB

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I have a friend that's arguing with me saying playing poker is not gambling and he even said investing in the stock markets is not gambling.

I say that poker is gambling. And investing in the stock market is also gambling. The skill involved is calculating risks to see what's your best move. But any game or anything that you're betting money is gambling!
Am I wrong? Please tell me if I am.

And also he said poker is 10% Luck. I strongly disagree with that. If you guys were to calculate the percentage of skill and luck in the game of poker what would it be? I's say it's impossible to calculate the percentage of luck and skill unless you are playing a hand. Then you can calculate the percentage of the skill and luck you need IN THE HAND. But in the whole game of POKER it's impossible to know. Am I also wrong about this?
 
Padlington

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any investment in a non controlled environment must be classed as gambling no matter how big or small and all card games have an element of luck I only wish I had more
 
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romanbokel

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No not only luck is impotant. Strategy and a mathematic brain is also necessary
 
teepack

teepack

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It's still gambling. You're betting on random outcomes. Yes, there is some skill involved in poker, but there is still an element of luck that can't be ignored.

The stock market is also gambling because there are forces beyond any one person's control that impact the outcomes.

That's not to say you shouldn't do either. But to me, both are a form of gambling.
 
Moonchild

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IMO it depends on what's your definition of gambling. Both skill and luck play parts in the game, but IMO skill takes the overhand in long term playing. And with skill I don't only mean good strategics within the games, but also smart bankroll management.
 
Amanda A

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Part skill part luck. Whenever I win a tourney I think I played well but also there were times I got lucky and didn't ever get that unlucky - which is also very important.
 
Moonchild

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Part skill part luck. Whenever I win a tourney I think I played well but also there were times I got lucky and didn't ever get that unlucky - which is also very important.

That's why I said there is a big difference inbetween short term and long term playing.
The important caveat to all studies on the role of skill in poker is the length of time that you measure the results. In the short term, luck can overcome any skill you display, but over enough time, skill will always overwhelm luck in poker.
 
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gkiss0719

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Yes it is gambling because a lot depends on how the cards are dealt out, for example, or what they give you and just throw away.
This is probably part of the fortune.
The rest of reason, logic, mathematics and good old bluffing. D
 
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acemenow

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Only time Stock market is not gambling is when you are the "broker dealer" (investment firm) cause you make money everytime the market moves, regardless if up or down.

to your friends point, if poker weren't gambling it would not be held in a casino. IMO
 
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kidrock1211

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Any time you invest money in hope to make more money is gambling!! It could be buying and selling houses it dont matter! The only time it may not be in poker is in a free roll you have nothing in it, nothing to loose, every thing you win is 100% profit!!:joyman:
 
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Two6JJ

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If you are playing for money then it is gambling.
 
lcid86

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it's a game of skill but still gambling. You can improve your odds through skill, but ultimately there is an element of chance outside of the player's control.
 
Entrik

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In fact, poker - this is one of the most exciting card gambling. This is due of course to the specifics of the game, namely the fact that at stake is not only the interests of the sport, but also money, and it happens that the big money.
At the time, I managed to work a dealer in a poker club. Before that poker had a very vague idea, perhaps more in the movies. And in general to cards'm cool. But life is made ...
In fact, learn how to play poker and understand it can be a few hours, so I taught my sister, organized a kind of mini-casinos in the kitchen at home) as the chips we had metal coins of different denominations. You should have seen her with her boyfriend funny trying to bluff against each other!)
What I want to mention, in fact, the game is very exciting and breaks logical thinking. But many experienced players also used intuition and bluff. More here it is necessary to be a good actor, I tell you! With a straight face go into "all-in" with an unfinished street on your hands, it's worth it, and in the truest sense. Of course a lot of unpleasant stories related to me with the game of poker. As a person who deals the cards, I sometimes heard in his address many new things about themselves and certainly unpleasant. For a long time I could not work, the nerves passed.
As for the avid players, it is very serious, many rich people are losing thousands and quietly leave, so whiling away the evenings and socializing with other players, relieve tension in the game. But there certainly are those for whom poker has become a disease, an obsession. This is certainly a side effect of the game.
Now many virtual online casino and poker games, but definitely no virtual even the best thought-out and gambling institution is no substitute for live games, unfortunately.
 
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jackblack1

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poker

it is gambling because of the money factor but in the end its mostly a skill game, play the player not the cards, the gamble comes in when it comes down to coin flip situations:jd4::jd4:
 
savaxz

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Why you sak us - is ambling or not. You write all about it in start post.
Its gambling.
 
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dejan85

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ofcorse is gambiling ,every game that youcould lose a lot of money is gambaling look at pro players how big pot they are playing......
 
shinedown.45

shinedown.45

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I would have to agree that poker is a form of gambling which requires you to use your brains as opposed to other forms of gambling where you just put money in a slot and hope for the best.
To say poker is a straight up gamble is wrong, to some it's just a gamble, those are the players who call ATC just to see a flop, and call down to the river with as little as 2 overs or maybe bottom pair weak kicker.
 
Dmytro Lysyuk

Dmytro Lysyuk

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If you play poker for money, it certainly is gambling. In my opinion, who can not control themselves and their emotions, it is best not to play poker, because you can lose a large sum of money. But if you play for free, such as freerolls and not going to cross this line, you can play and be sure that you lose just will not.
 
Moonchild

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Again: It depends what definition you take when you talk about gambling. If you think that gambling means: playing for money, okay, then it's clear, but IMO that view is to simple.

I would rather think a better definition is: To engage in reckless or hazardous behavior by bettting on a game with an uncertain outcome, because it only depends on luck.

If you take that definition, you could say that playing one game is a form of gambling, because luck stays a part next to all the skill. But when you look at the long run ... playing for a long time, with studying all parts of the game and getting your skills as sharp as you can, assuming you have enough intelligence to handle all aspects of the game and make it your own, you can reduce the luck factor to such a minimum, that skill always rices above.

That being said, most players never come to that level (at this moment I count myself to that group) and so luck stays a fair share in our playing. Becoming a poker player where you can't hardly speak of gambling, asks alot of discipline, studying, time and yep ... also money.
 
BigJamo

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I dont gamble, so poker cant be classed as gambling. Why? Cause I said so.

I started with 60 bucks and now have over a grand. I would of lost it all if it was gambling.
 
Moonchild

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I dont gamble, so poker cant be classed as gambling. Why? Cause I said so.

I started with 60 bucks and now have over a grand. I would of lost it all if it was gambling.

:D loving your confidence/self-assurance
 
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I2jr

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It is always a game, chance makes it a game, and if this money to generate more betting that makes a game, humble opinion, they have very good afternoon all
 
Moonchild

Moonchild

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It is always a game, chance makes it a game
And what about f.ex. chess, there is no luck (chance) there ... it is still a game, right! And there are so many examples.
 
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