Is trading Gambling or not .."What say You" Vote here.

Discussion in 'Psychology' started by ElectricSavant, Apr 10, 2005.

Is Trading Gambling or not

This poll will close on Jan 12, 2060 at 11:25 AM.
  1. Gambling

    460 vote(s)
    35.0%
  2. Not Gambling

    854 vote(s)
    65.0%
  1. Overnight

    Overnight

    Mmmm. Have you ever played no-limit Hold-em?
     
    #1211     Jul 23, 2019
  2. I didn't start playing hold em until it got too hard to find a stud game. 30 or 40 years ago stud was still king. And then I quickly gravitated to the limit games. I like the game, like the action and the pace, like how easy it is to read the table and the players. The only time I eagerly enter a no limit game is when I am pretty sure I am the strong player and have the strong bankroll. When I find out otherwise, it is an exit signal. But even so I will not let myself get so low that I can't play out a monster hand.
     
    #1212     Jul 23, 2019
  3. Overnight

    Overnight

    That is admirable.

     
    #1213     Jul 24, 2019
  4. ElCubano

    ElCubano

    You are never all in with your entire bankroll.

    If you’re playing 1/2 the buy in is 100bb or $200 therefore your bankroll should be roughly $4000/$5000.
     
    #1214     Jul 24, 2019
  5. Its is a game of skill with money. Same as poker.

    It cant be gambling, as there are people who turned nothing into fortunes day in and out of the markets.
     
    #1215     Jul 24, 2019
  6. Funny.

    I made money from poker. I prefer poker actually. Maybe you only play tournaments exclusively which of course luck will play a big role. I play live cash games mainly and its too easy to make money. There will always be some fishes in these games or people tilting and going crazy with their money.
     
    #1216     Jul 24, 2019
  7. Overnight

    Overnight

    Do you play them in a real casino, or online?
     
    #1217     Jul 24, 2019
    HolyGrailSeeker likes this.
  8. Home games.
     
    #1218     Jul 24, 2019
  9. Overnight

    Overnight

    Totally different psychology there.
     
    #1219     Jul 24, 2019
  10. Are you saying that poker is not gambling? If you can prove that poker is not gambling, then I will concede that trading is not gambling. However I believe the law in every state of the U.S. most definitely and clearly categorizes poker as gambling. The IRS as well. The various gaming commissions in those states with legalized gambling, also, I would venture to say.
    Skill doesn't make it not gambling. The element of chance in the turn of the cards is still present, and money changes hand from loser to winner.
     
    #1220     Jul 24, 2019