From ChanceWiki
Revision as of 18:41, 8 April 2009 by Jls (talk | contribs)
Jump to navigation Jump to search

Poker Showdown Between Luck and Skill

Carl Bialik write a column called "The Numbers Guy" for the Wall Street Journal and keeps his column on the internet here

He writes

Is Texas Hold ‘Em poker more a game of chance or of skill? That question has figured in several legal tests of playing the card game for money: Games of chance are considered gambling under U.S. law. Now a major poker Web site has sponsored a study it claims demonstrates that it takes skill to win — which would help the site’s legal standing. But several poker experts question that claim.

We have discussed this problem in previus issues of Chance news here and here As we said here

The skill debate has been a preoccupation in poker circles since September (2006), when Congress barred the use of credit cards for online wagers. Horse racing and stock trading were exempt, but otherwise the new law hit any game "predominantly subject to chance". Included among such games was poker, which is increasingly played on Internet sites hosting players from all over the world.