May 7 2012
So I haven’t blogged in forever and I have a long one coming up (may split into multiple parts) on how my life has gone the last year and a half. I promise that will come out in the not too distant future just been swamped with school lately. But I was looking through my old files and found this. I’m pretty sure I wrote it in an airport somewhere.
A Defense of Gambling
I feel that among poker players, there is a culture of being obsessed with minimizing variance and with legal debates hinging so much on the definition of gambling, people are always super quick to point out that poker when played well against players worse than you is not gambling. I think gambling in general gets a bad rap and is not only important for poker players to embrace but also can be a net positive overall as long as it is done in moderation and with money one can afford to lose.
I just set out a pretty giant task for myself so I’m going to start with the easiest part. Poker at its purest form is gambling. People who currently make a living playing poker could not do so if there were not gambling involved. If the better player won every hand you would be hard-pressed to find a fish who would ever enjoy the game of poker. No one bad at chess is challenging chess grandmasters to chess matches for money. Some might pay money just to play someone in chess, but that’s not the same at all. If I played a chess grandmaster I would literally have a 0% chance to win. Ok maybe I have the chance that he goes mentally insane during the match and forgets how to play chess, but realistically I will not win. Now put the same chess grandmaster who has not played a single hand of poker and put him in a game against say Phil Ivey. He is going to win some percentage of the time. And that’s part of the appeal. If he was going to lose 100% of the time there would be little fun in playing the game. But the idea that if you have some disposable money you can have a reasonable chance to beat someone thought to be the best player in the world in the short term excites a lot of people. Continue reading









