Re:Reflections on Luck and Skill from the Part Time Poker Grind
by piltdownman on Tuesday July 23, 2024 @06:46AM
(#41044632)
"Online gambling for real money is the equivalent of just setting your money on fire."
Citation/Any evidence would be great, but I won't hold my breath.
Re:Reflections on Luck and Skill from the Part Time Poker Grind
by jajko on Tuesday July 23, 2024 @11:27AM
(#41046990)
"Any gambling for real money is the equivalent of just setting your money on fire". (c) by Jajko, 23/07/2024
It doesn't require advanced studies to realize this, just learn from mistakes of others. Even if 1 in 1000 wins (for now), its a losing game for any honest folks. Scammers prey on simple and powerful addiction and little else, games can be easily rigged in ways you will never realize just as parent describes.
Re:Reflections on Luck and Skill from the Part Time Poker Grind
by badpun on Tuesday July 23, 2024 @02:33PM
(#41049281)
My friend is an honest poker pro who's been making a living from playing online since 2008 or so. He may be "1 in 1000", but that's because online game is tough, not because it's rigged.
Yes, all of those things.
There are teams at the same table all working together by communicating with each other about what hands they have. The sucker at the table is the one not part of that team.
Also, it’s software, which means it can be written to favor the house.
Online gambling for real money is the equivalent of just setting your money on fire.