M
MaddB
Rising Star
Bronze Level
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?
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?