My own belief is that poker is,
if you are willing to put in the study time, a game where skill will triumph. At least if you play the limit games. However, even then it remains a risky game, one where you need to play a lot to overcome the necessary "bad runs." In the words of Mason Malmuth, poker player AND statistician, it's a game with a really high standard deviation.
Malmuth has computed that if you want to average a gain of $30/hour (my salary, about $60K/year), you're going to need a bankroll of about $75,000. To get that kind of average return at stud, for example, you're going to have to play $15/30 or $30/60 limit games. I don't know about anyone else, but I've never played in a game with that sort of stakes. I can imagine doing so -- if I could figure out how to finance the few thousand hands it would take to get me ready to move up to them -- but I don't see it happening any time soon.
And frankly, I don't like Hold'Em that much. Sorry, Foster and Mrs. Foster, but high stud and high/low stud are better games. But since hold'em is pretty much the only game in town these days, except for play money games on Pokerstars, I'm unlikely to ever get those thousands of practice hands regardless. of whether I find the capital.
No limit poker on the other hand, at least for a player of slightly above average talent at reading hands and somewhat below average talent at reading people, pretty much pure gambling.
And no-limit hold-em...yech!! I don't understand its attraction. Limit hold-em is a pretty good, skill-based game (I just prefer games without community cards), but NL? I just don't get why people want a game where ultimate success depends on your willingness to put everything in your stack at risk repeatedly.
I'm weird. I think the attraction of poker to me is that each handle becomes a puzzle in figuring out the odds. How many spades are out? What's the likely he's got a pair in the hole? Etc. Game theory is a branch of economics, after all.
It is a zero-sum game, of course. If someone wins every hand, someone else has to come out worse off than when they started. And since those who lose, often tend to lose a lot, I can see why Dakota calls it a swindle.
But, not surprisingly, probably, I disagree. If you aren't willing to lose everything you come to the poker table with, you shouldn't sit down. This is why I've never played in Vegas, and why I may never do so. I know I'm not that good.
Poker is a game where play is depends on and is defined by asymmetric information (economic jargon for 'one person knows something that another person can just guess at'). If you don't understand this, if you don't understand that it is a game of having an information edge and exploiting it as much as possible, if you don't understand that other players can and will lie, that they will try to manipulate information to trick you any way possible, then, frankly, you have no business sitting at the table.
Swindling assumes that somehow someone is being tricked against their will. IMO, if you sit at a poker table, you aren't being tricked. And if you sit down to a game thinking everyone at the table has an equal chance of winning on any given hand, you deserve to lose. Because while the quality of hands will, eventually, after a hundred hands or so, even out, skill and knowledge do not. If I ever had a chance to play with Malmuth or David Sklansky or Mike Caro, I probably would. But I'd do so only for the chance to learn something from the pros. Because I know that, unless I happened to very, very lucky with the cards dealt, they'd end up with all my chips.
I don't know where I stand on the "is gambling evil?" question in general. I think trying to convince people that they can get rich without risking anything or without doing anything other than buying a lottery ticket or play a table game is potentially evil (and certainly sinful). And I think that the kind of greed that says one should be able to get something for nothing, that one is entitled to win when taking a risk is a sin.
Where does taking a risk end and gambling start? I don't know.
I know only that there is nothing one can do to reduce the risk of loss at a craps table or a roulette wheel or with a Powerball ticket, nothing other than decide not to play. And I know that the same is not true of blackjack and poker. At those two games, you *can* change the odds by how you play, by knowing when to hold, when to fold, and when not to sit down at all.
And do not be conformed to this world, but be transformed by the renewing of your mind, that you may prove what is that good and acceptable and perfect will of God.
Romans 12:2 (NKJV)