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Old 05-30-2005, 11:51 PM
James282 James282 is offline
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Join Date: Sep 2003
Posts: 699
Default Re: gambling frowned upon

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Gambling is looked down upon because some people lose all the money they have, sell everything they own and then lose that ass well. Casinos are similar to tobacco companies, they sell you a product that's not good for you and make millions, yet we allow it.

Talking mainly about the -ev games, not poker.

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Poker is a negative sum game, and is therefore -EV for its players by definition. In a 10/20 game with 5 dollar 1/2 hourly rake, the average expectation is -10 dollars per player.
-James
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