Quote:
Originally Posted by gnvsnnkv
So my conclusion is that I really don't think that gambling automatically means something negative and shameful. I guess there are just different types of it.
While gambling might not be shameful lumping in poker (and game of skill) with gambling (games of only chance) reduced the likelihood of any passage. What is some future bill specifically carves out games of skill. Would you still consider poker gambling?
There is an element of chance in poker but there is also an element of skill. Baccarat, Roulette, keno, video poker, slot machines, craps, etc are games of purely chance. There is no possibility for skill to turn a -EV game into +EV on.
Technically speaking Nevada PROHIBITS casinos from engaging in games of skill (against the player). It makes it far more difficult to project losses and cash reserves. With games of chance, defined house advantage, and betting limits, calculating risk of ruin and establishing a bankroll that puts that at <0.1% is mathematically trivial.
Golf & Poker:
There is an element of chance in golf but nobody would call it gambling (pros are only paid when they win). While a pro may have a bad day, or bad run, hell might even lose to a amateur in the long run a pro will perform better because of superior skills. Likewise in the long run a good poker player will perform better because of superior skills.
Lumping poker with gambling/gaming is foolish. In many parts of the country gambling (games of chance in which house places wagers against players) is prohibited but card rooms are allowed.
There should be no blurring of lines.
Golf is a game of skill with some element of luck/chance/variance.
Poker is a game of skill with some element of luck/chance/variance.
Nobody would call a pro golfer a gambler despite luck/chance/variance affecting their annual income. Likewise we should be pushing for a day when people accept that a professional card player isn't gambling despite the fact that luck/chance/variance will affect annual income.