Is Online Poker Play A Game of Skills or Luck?
Is online poker play a game of skill or luck is not just a theoretical argument, is the main argument regarding the future of online poker in the United States. The UIGEA act was passed in the year 2006 and has just come into effect. According to UIGEA, it is unlawful for financial institutions to transfer funds for bets when the “opportunity to win is mainly subject to chance.” However, the UIGEA specifically exempts trading in stocks and horse racing but poker is now-a-days categorized as such leaving online poker sites that cater to US players having to walk a strange dance.
Why Online Poker Play A Game of Skills?
The debate is far from over and the concept that poker is a game of skill is gaining momentum. According to a recent survey done in 2009 by the software consultancy firm Cigital analyzed 103 million hands of Texas Hold’em that played out on Pokerstars.com. They found that over 75% of the hands dealt never made it to the showdown. The importance of this fact is that success depended more players’ game plan and rather than on the cards that they were dealt.
In a case that recently came before the South Carolina Supreme Court, the Poker Players’ Alliance – a non profit group of more than 1 million online poker and live tournaments players argued that “structure and rules” of poker consider a player to “overwhelm the chance element of the game.”
Why Online Poker Play A Game of Chance?
The world famous chess grand master, Garry Kasparov has stated that the game of poker has elements of chance and risk management that even chess don’t have. He also noticed that a many professional chess players moved to poker to earn the money. The two time American Women’s Chess Champion, Jennifer Shade, is one of these renowned chess players that moved to poker playing. According to Shahade, both chess and poker are based on the same set of skills and that winning chess players will generally be winning poker player as they will concentrate on making the correct moves rather than having fun and be less exposed to ego.
The Best Argument Ever
However, Sklansky made the best argument in support of poker being considered a game of skill rather than a game of chance. He stated that it has more to do with losing than it does with winning. In his views, Baccarat or roulette are the purely the games of chance because it is impossible for one to deliberately lose. However, no body deliberately would but it is yet impossible because bets are placed before anything is dealt or rolled and whatever hits, hits. You can’t intentionally play poorly much likewise that you cannot play well.
When it comes to online poker play, it’s not true at all because you have many opportunities if t loose if you want.
The reality is that a majority of people would argue that poker is very much a game of skill; but the makes no effect on the UIGEA (Unlawful Internet Gambling Enforcement Act).