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Posted by: combuboom at August 13, 2006, 7:32 pm

Topic: Poker is Not Gambling Forum: Card Chat

Quote: Originally Posted by Elmer_Fudd

Actually it is important to note that in the long term it is all about skill.

This would only be correct if you played at the same stakes, with the same risk and reward possibilities your entire poker career. For example, look at the WSOP Main Event. There's only one a year. In your lifetime you might be able to play 70 of them. 70 WSOP Main Events is nowhere near enough for the skill to even out and give you the expected return on your investment, especially considering the huge amount of risk and possible reward.

Some dumb luck in the WSOP Main Event is enough to double the amount of money many exceptional players will make over their entire poker careers. You'd be crazy to think it's not gambling and that there isn't a great deal of luck involved here. Take 10 ery good poker players of equal skill level... hell, they could play the EXACT same way... have them all play 70 WSOP Main Events over the course of their lifetimes. The profit for each person is going to differ by hundreds of thousands, and sometimes millions of dollars based entirely on the ariance that luck brings into the picture.

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