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WSOP


Salaams, everyone

I've been watching the World Series of Poker on ESPN (how it's considered an ESPN sport, I'll never know) and I got to thinking.....

The main event is a no limit texas hold 'em event and the price of entry is $10,000. Now, you don't actually gamble with money after that - the $10,000 is just the entry fee. Even if you lose terribly, you don't lose any additional money. You can't lose more than the $10,000 fee you spent to get in the door.

So is this still considered gambling? I thought it might be more of an entry fee to a tournament that awards the best skilled player and not so much an actual gambling event.

What are your thoughts?
 

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Login to find out (December 31, 2005 at 1:50pm)
Complicated situation huh... Although I do that at my house once a year with 20 bucks 8 guys and take 5 bucks out for food. 10 and buy the winnning player a silver bracelet and the rest of the 80 he keeps. So I make it sound like a tournament when I don't gamble myself.