Post
Topic
Board Gambling discussion
Re: Is pay to earn considered gambling?
by
BitDane
on 06/12/2022, 05:53:48 UTC

We all know poker doesn’t require to be lucky as much as it requires you to be skilled to win, and even though we poker is still considered as gambling. I wish to know if these games such as FPS which you can put for example in a room of 10 players everyone puts 5 dollars and the winner takes the whole 50 dollars, Are considered as gambling.


Analyzing the scenario and comparing it with the definition of gambling.
Quote
gam·​bling ˈgam-b(ə-)liŋ : the practice or activity of betting : the practice of risking money or other stakes in a game or bet.

10 players
bet or stake $5
prize pool $50

This is definitely a gambling because every one put a stake in order to get the pooled money.

The difference from the tournament is that, in tournament the reward does not come from the stake of individual players.  There may be an entrance fee but players are not betting against each other to get the reward.  They are competing to win the prize.

I wouldn't call it gambling. That's a tournament, a competition. If it was considered gambling, bloody hell the entirety of the eSports scene would be considered one, the only difference is the prize pool was brought about by various investors instead (afaik). No matter how small the entirety of it is, as long as there's a prize pool, a game based on skill (>99% skill, <1 luck), and players, that's a competition.

If the risk of "losing" money was taken into account, a lot of small-scale tournaments ask for players to pay an entry fee of sorts (based from my experience), but I still wouldn't call that gambling, it's still a tournament. I'd only ever consider an activity as "gambling" if it had that instance of "randomness", bringing luck into the play, and said luck being the majority of the cause for the win/lose. Most competitive types of sports wouldn't really be considered as one, most of them are strategy/skill based.

Not because it is a skill based it isn't considered as gambling.  As long as every individual has bet engagement, it is considered as gambling.  Tournament without gambling is way different, but of course a gambling can be integrated to tournament.