The Official Red Chip Poker Podcast4 Feb 2025

Poker: A Game of Skill, or Just Gambling? · S7E3

Is poker really gambling? 🤔 It's a question that sparks debate among players, casual fans, and even lawmakers. In this episode of the Red Chip Poker Podcast, we break down the real meaning of gambling and whether #poker should be considered a game of chance, skill, or something in between.

We start by examining the dictionary definitions of gambling and why they don't always capture the nuances of poker. While poker involves risk and money—like traditional gambling games such as blackjack or roulette—there are key differences that separate it from pure chance-based betting. We explore the role of skill, probability, and sample size in determining whether a poker player is truly gambling or making a calculated investment.

You'll also learn about the three key factors that separate gambling from investing, including expectation, repetition, and risk management. Whether you're a professional poker player or just starting out, understanding these concepts can help you play smarter and avoid costly mistakes.

Additionally, we discuss the ethics of gambling, the difference between poker and casino games, and even how governments classify poker in tax law. Plus, if you've ever been told that playing poker is "just gambling," this episode gives you the perfect response!

**LINKS**

· CORE Membership: https://redchippoker.com/launch-core

· Another Take On Poker vs. Gambling: https://www.youtube.com/watch?v=viS9EYf_-Kw

**JOIN US ON DISCORD**

Join us on Discord today: https://redchippoker.com/discord

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Playing And Defending Against The UTG Straddle · S8E19

Straddles used to be restricted to a fun element of live play, but an increasing number of online #poker sites have now added them to their tables. This "third blind" has a profound effect on preflop ...

15 Sep 27min

A Novel Poker Play: Shoving With A Capped Range · S8E18

When you see big bets over multiple streets from an opponent, what do you conclude? Most studied #poker players would assume they are facing a polarized range, and respond accordingly. But against a s...

1 Sep 19min

Poker Study: The Formations That Matter Most · S8E17

Most #poker players acknowledge that the more you study the better your results become. However, other life commitments mean that, in practice, we have a limited amount of time to devote to studying p...

18 Aug 25min

Befuddling Your Opponents With Micro Bets · S8E16

Do you tend to use a limited number of bet sizes in your strategy? Such simplified approaches have value, but many #poker players are missing out on profitable spots by restricting their sizing. This ...

4 Aug 25min

The Fundamentals Of Heads-Up Hold'em · S8E15

Many #poker players regard heads-up play as the purest form of the game. You are locked in a duel of wits with a single opponent, constantly trying to outmaneuver them and countering their tactical ad...

21 Juli 30min

Poker As A Business: Managing Time And Costs · S8E14

If you play #poker to make money, you have more to manage than your bankroll. To get better at the game, you need to study. That takes time and money. Serious students of the game require poker softwa...

7 Juli 29min

Grinding Poker In A Rec-Friendly Environment · S8E13

Online #poker is a very different beast to twenty years ago. Essentially all poker sites have taken the decision to clip the wings of the professional grinder, ostensibly to encourage the survival of ...

23 Juni 28min

Realistic Expectations For Your Poker Decisions · S8E12

Any #poker session you play can be thought of as a series of decisions. The "correct" decision in any spot, such as whether to bet and how much, in principle has an objectively-correct answer. This ha...

9 Juni 22min