Post
Topic
Board Gambling discussion
Re: what is definition gambling in your mind?
by
EdenHazard
on 09/06/2017, 01:43:24 UTC
Many people said the gambling is just a game and another people said it is Investment. How do you think?  Roll Eyes
For simplest explanation, gambling is a matter of fortune. No matter how long you gamble as long as you play the game, you don't have a difference with new gamblers in terms of winning the game.


However in EV+ games the skills and knowledge are important and they can give an edge to experienced players and doom newbies. In EV- games the luck is the only factor, no question of skills there. Gambling is just a mode of entertainment and not to be taken as mode of earning. There are many professional gamblers but they are handful and their lives are not easy, no everyone can try that.
the only game that i know could give you a positive EV are poker, i am not sure about another games like sportsbetting etc. in poker you play against other player and when you make a call/fold you need a lot of skills and experience indeed to maximize your chance.

as long as you did not play against the house you can always make it positive i guess, that is gambling.