Is online gambling a scam? Tell me it's a scam. Please

Isit the whole gambling concept is a scam?

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>>1851752
In modern understanding, yes.
However, the house shouldn't have the advantage in a game like poker, for instance.
My concern would be back-end software that these pakistani, and otherwise foreign, and shady companies create for the online services.
Additionally, I would have concerns about capital gains--particularly if we're dealing with larger amounts of money.

Most online gambling are not a scam, but its still gambling which leads to >95% of players being loser, who waste their money away without even knowing how to really play the games.
When you consider gambling to make some money on the side, you really have to know what you are doing.
I´m into sports betting and i´m good at it.
but on the other side i couldnt make shit in online poker or the stock market because i havent really learned it
its the same with stock markets, if you dont know what you are doing otherweise you will gamble your money away

>>1851759
The house gets rake so it makes money no matter what just because people play there. Whether they win or lose.

wouldn't it be possible for a script kiddie to get information on the cards your enemies have, making easy and safe winning decisions?

>>1851776
Yes, and people have been busted for this.

>>1851779
busted because they had a suspicious winrate of >90% or because of the script/information that the client shouldnt receive was detectable by the server?

>>1851783
I have no idea.
That being said, don't assume that you're the first "smart" guy to think of this.
I'm sure there's warehouses full of poo in loos trying to figure this shit out.

>>1851786
nah obviously i am not the first "smartass" to get that idea
was just wondering how prominent it was

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>>1851788
I don't know, that's why I'm asking these questions.
If it's easily cheated, if it's regulated big league, if it's still relevant, etc.
I want to know if there's still a way to be a cowboy in the United States.
It seems like everyone is afraid of their own shadow, and forced into wage slave jobs.
I want use indefinite amounts of capital and turn it around.

>>1851814
What what do you think? Off shore online gambling located in questionable nations, lacking consumer protection laws.

And if the mob has a large presence in the real gambling, who do you think runs the online gambling?

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>>1851829
I think it's all garbage; I think it's all a scam, I think it's all a racket, I think there's room for foul play on the software side and the house side, and I think it's heavily regulated through tax agencies.
However, I wanted to see what other people thought.

>>1851734
Big scam.
There is a good movie with Ben affleck who reflects the behind the scenes. If yu don't believe me just go check out gfy.com that's where the online gambling siteowners and pornsite owners gather. It's been pre-programmed that you will lose. bait.

>>1851734
Scam.
Those sites switched to live dealers but they got caught shuffling cards. Just google it

Games of chance are always a losing proposition. I hesitate to call them scam, because there is no deception. The terms of the games are public and anyone with elementary school understanding of math can see there is a negative expected value. They are exactly what they're advertised as: Moneysinks and diversions. It's a "scam" in the sense that it's a tax on stupid, desperate or addicted people who are not capable of seeing the true nation while it is open to see.

The bigger the skill component of a game is, the bigger the chance of it not being a complete rip-off. But if you can help it, never play against the house, only against other players.

Which leaves you pretty much with poker.

I've never really considered it, but what would the advantage of the house siding with one player be? How do they earn more money through manipulating the cards? Tens of thousands of users play poker at thousands of tables - you think they honestly put a plant on each? And it wouldn't be super fucking obvious? People who win a lot become known very quickly. There's no chance this would work out longterm and with the first manipulation discovered that poker site would instantly lose *all* its customers. That's not a sustainable business model.

What *is* happening though, is very strong players sharing informations. Every hand they ever play (which is a lot considering their hours and multi-table plays) goes into a database. From this they build player profiles. So if you ever play against them, they have basically your complete history available, including your quirks, tells, strategies, risk profile, etc. Making a break in the online big leagues may make it seem like a scam at times, but it's all fair. Unless several players at the table collude to rip you off (which sadly also happens from time to time).