Poker.co.uk

Poker Info
DATE: May 24 2012
TIME :

Poker.co.uk - Poker news archive

The Gambling Network

Poker.co.uk - Poker News Archive

Monday 2nd February 2009

Should you treat poker like you would an investment?

While this may sound something of a bizarre statement there are many similarities between poker and for example the commodities market where literally millions of pounds are dealt every hour of every day, some players win, some players lose and there are many different strategies in place. So how exactly can you compare poker to a commodity business? In poker, for one person to win, a number of people have to lose which has strong similarities with the commodities market and invest markets in general. In the commodities market you are gambling on the future direction of a particular commodity without knowing what this will be, which has great similarities to betting in poker "pre-flop". In poker there are certain hands which you know will give you a significantly improved chance of taking the money on the table. In the commodities market there are a number of strategies which you can use to take advantage of price movements and lock in potential profits. If you sit down and study the basics of poker, betting without full knowledge of the hand you will be dealt, the various strategies used and the fact each winner will create a number of losers (i.e. other “investors” will lose their investment “pot”), there are many similarities to an array of investment markets. You are effectively taking a gamble on the future by disseminating the information which is in front of you and available to you at that time. So is poker really a game of chance?

Source: gambling_CMS_tmark938

Discuss this story in the Poker Forum. Last 5 Posts:
Thursday 24^th May, 2012: New BAP - 3 nights - let's go!
Thursday 24^th May, 2012: Brag Thread! Post your greatest wins (online or live) here.
Thursday 24^th May, 2012: Party Poker and William Hill (iPoker) BAP
Thursday 24^th May, 2012: Breaking News: Full Tilt to be acquired by Pokerstars = wtf?
Wednesday 23^rd May, 2012: Ideas for XMAS Party.

Poker.co.uk is part of The Gambling Network | Terms and Conditions | Privacy Policy | Contact Us | Gamble Aware

Poker.co.uk is operated by InTouch Poker Ltd (hereinafter called the "Company"), a limited liability company with registration number C44236, registered in Malta (a member of the EU since May 2004). The Company’s registered address is at Vincenti Buildings, Suite 623, 14/19 Strait Street, Valletta VLT 1432, Malta. The Company operates the Poker.co.uk online poker room under a provisional license issued and regulated by the Lotteries and Gaming Authority ("LGA") of Malta (issued on 2 December 2008, number LGA/CL3/412/2007). The software used for operating the Poker.co.uk online poker room is licensed from Boss Media Malta Poker Limited. Our services are not available to residents of the United States, US Virgin Islands, US Minor Outlying Areas or Turkey or any other jurisdiction that legally prohibits its citizens from engaging in online gaming.