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

Is Trading Gambling or not

  • Gambling

    Votes: 460 35.0%

  • Not Gambling

    Votes: 854 65.0%
  • Total voters
    1,314
  • This poll will close: .
GrowleyMonster said:
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The only difference I can think of, and it is kinda moot I think, is I have never played either online poker or video poker which to me is not really poker. I have of course traded online, though.
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Mmmm. Have you ever played no-limit Hold-em?
 
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.
 
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.
 
Samson77 said:
If you know anything about poker or if you have ever played in the final tables of a large tournament you will know that in order to get your paycheck LUCK is the number one factor (especially at this level).

Sure you can beat up the tourists and the newbies some of the time but even then, they don't know enough to be scared and will call you all the way down to the river and catch a straight (once again) luck.

At the higher level games where you have skilled player versus skilled player you may have a shot because now it's just a matter of skill levels but still luck plays a factor 50% of the time.

I have made a living from both trading and poker and I personally prefer trading hands down and I still say they are worlds apart in comparison mostly because of the LUCK factor.
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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.
 
HolyGrailSeeker said:
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.
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Do you play them in a real casino, or online?
 
HolyGrailSeeker said:
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.
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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.
 
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