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Author Topic: Is pay to earn considered gambling?  (Read 392 times)
swogerino
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December 06, 2022, 10:59:22 AM
 #41

I have been always curious about making money from games i love to play, since i was a little kid playing GTA games while there was no such live casinos and online betting i had this idea of what if there is a possibility of making money from playing.
We all know poker doesn’t require to be lucky as much as it requires you to be skilled to win, and even though we poker is still considered as gambling. I wish to know if these games such as FPS which you can put for example in a room of 10 players everyone puts 5 dollars and the winner takes the whole 50 dollars, Are considered as gambling.
And also if there’s any known and trusted website or casino that allows such games. I find them better than gambling and lucky games

That is also gambling but it is more betting between people like who is the best of the players,still can be considered gambling but that type of gambling rarely I have seen someone become addicted because of that so in this context is less dangerous than general gambling.

Poker is also a game where skills prevail,so if you have patience and know when to make your moves this can be considered as pay to earn for example when you buy in your place in a poker tournament.

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QueenVera
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December 06, 2022, 12:09:13 PM
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 #42

That form of gaming can actually be considered gambling as well.
I'm not really familiar with your suggestions but I also see the possibility in your suggestions because aike online casinos can decide to add some local games like ludo and decide tye multi players to stake a price in the game and the price given to the final winner.

The play and earn games are generally worthless and it seems at the end, you were just lured to download and install one useless app that requires alot of work  and end up paying not upto $1.
In my perspective, play to earn games are just worthless.
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December 06, 2022, 12:26:19 PM
 #43

I have been always curious about making money from games i love to play, since i was a little kid playing GTA games while there was no such live casinos and online betting i had this idea of what if there is a possibility of making money from playing.
We all know poker doesn’t require to be lucky as much as it requires you to be skilled to win, and even though we poker is still considered as gambling. I wish to know if these games such as FPS which you can put for example in a room of 10 players everyone puts 5 dollars and the winner takes the whole 50 dollars, Are considered as gambling.
And also if there’s any known and trusted website or casino that allows such games. I find them better than gambling and lucky games

Of course this is a gambling and also poker is one kind of gambling game. There is a many kind of site you can get these gambling games and also lucky games. 1xBet is a best site and also a trusted website which you see a lot of games like sportbetting, online casino, lucky game. I recommend you to visit this site.

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December 06, 2022, 12:31:05 PM
 #44

What I know is that, you are gambling if you would earn something from what you have put into something or you'd get something and your opponent will lose something. These two are the principles I believe of what gambling is.
I've never seen this type of game in the casino, maybe as I'm not someone who researches all the casino games, I just limit myself to making sports bets for that reason, I don't know if there are these types of games in the casino, but I I think OP you can explore other games in the casino in case you don't have that specific game that you want, but always play only games in which you have some mastery or that at least is a game in which you realize that you learn with some ease, because in the casino you easily lose money, something that can even lead to bankruptcy, there are many cases of people who went bankrupt because they did not have control over the game
Maybe tournaments? Well, it is somehow of a gamble because there is a risk of losing. But in tournaments, the fees are for the organizer of the event so it is more of paying a service. It is just the idea of putting money and getting more as return but as it goes deeply with the scenario, it could be different.

Likewise with play to earn games. An investor would invest money as a capital to earn more money from the game. Maybe it is the purpose or goal of an individual which makes an activity gambling and not the instance itself.

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December 06, 2022, 12:32:10 PM
 #45

We agree that placing $5 and the winner taking all $50 is gambling, even though we're just saying it's just for fun. If there were a game where you could make money playing the games you love, many people would change jobs and give the game a try because it's more of a challenge for them to get through level after level.

Poker does require us to have playing skills to be able to win but we also need luck and this won't come to us all the time.

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December 06, 2022, 01:18:58 PM
 #46

That form of gaming can actually be considered gambling as well.
I'm not really familiar with your suggestions but I also see the possibility in your suggestions because aike online casinos can decide to add some local games like ludo and decide tye multi players to stake a price in the game and the price given to the final winner.

The play and earn games are generally worthless and it seems at the end, you were just lured to download and install one useless app that requires alot of work  and end up paying not up to $1.
In my perspective, play-to-earn games are just worthless.
As long as you're risking your funds in exchange for a profit by relying on luck, then that's gambling.Play-to-earnn games would require you to spend funds for you to be able to earn on the game so that's another form of gambling.
I just don't think that play to earn games nowadays is still worth it because you will be needing to spend long hours playing just to gain a small amount of profit. As for me, if you would risk your funds, you better look for better and higher opportunities to earn.
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December 06, 2022, 01:25:04 PM
 #47

I wish to know if these games such as FPS which you can put for example in a room of 10 players everyone puts 5 dollars and the winner takes the whole 50 dollars, Are considered as gambling.

Provided money has been bet it's gambling. What you're doing here is relying on luck which can be associated with gambling. Most play to earn gamble comes with a contest that involves many players trying to win a prize by placing small bets and that's how they usually generate income to fund that completion.

For example when you organized a contest that involves the participants placing a bet of $5 and we have 100 participants that's $500 cash prize for one user to take all or shared between top winners, that's just the participants gambling. Gambling can be done in different forms and any activity can be gambled on

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December 06, 2022, 01:46:16 PM
 #48

I wish to know if these games such as FPS which you can put for example in a room of 10 players everyone puts 5 dollars and the winner takes the whole 50 dollars, Are considered as gambling.
that's pure gambling. That's pretty much the same like when you put money and then the only winner who will be taking the whole of reward. that's different when you are competing like in the big competition. It's caused by the money being used as reward was coming from the creator of competition. I think that it can be seen from you were gambling your money to become a winner. Once you will be able to winning the match and then you will take opponent's money too. That means you are gambling and your skill was playing as a way to win the gambling.

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December 06, 2022, 02:16:59 PM
 #49

That's a gamble.

I've done that with my friends when we go from places to places just to play competitive games and have money on the line. That's normal for most of the games even in RPG games where there's PVP. I've seen people betting on who's the strongest.

Today, with most competitive games are online, it's easier to bet and have someone on their end that will just have to pay and sent the payment through online transfers or crypto, too easy to bet and play these days.
Most of the games for stake come with a contest involving multiple players trying to win a prize by placing a small bet and that is how they are usually made of money to fund that settlement. But in tournaments, the costs for event organizers are more than fees.

It's just the idea of ​​putting money in and getting more in return, but on an in-depth look at the scenario, it could be different. Likewise with playing to get the game.

An investor will invest money as capital to get more money from the game. "more serious competition with serious & skilled players". It's not about making money, it's about participating and playing against good players, it's about how you hone your skills.

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