Is Poker Gambling?

Poker is a form of gambling, but I am sometimes amazed that people do not see the distinction between poker and other forms of casino gambling. In every other form of gambling you are playing against the house and stastically you will lose.

Poker on the other hand is a game played against other players. There is no mathematical certainty that you will lose. If you are better than everyone else you play with and you can cover the amount the casino charges you to play (the rake) then you can make money in the long run.

Greg Mankiw reveals his inner moralist in this post about why he hates gambling.