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Author Topic: Is pay to earn considered gambling?  (Read 326 times)
Jemzx00
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December 05, 2022, 11:56:41 PM
 #21

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
Based on your question and the example given, I don't think that it's about being a pay-to-earn or play-to-earn type of game but mostly gambling itself. Any games that include bets to play on among a number of players whereas the winner will take all bets and keep it for himself. That is already gambling even if it's a skill-based game regardless of its kind of game even if it is an FPS, MMORPG, or whatever it is. As long it involves a bet, the winner will take it all is considered as gambling.

Pay-to-Earn is more like about making your character stronger to be able to earn more and get better and the same goes for a play-to-earn type of game where the user grinds from time to time to be stronger and earn more. This is more likely an investment than gambling.

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December 06, 2022, 12:45:20 AM
 #22

Play to earn is somewhat considered as gambling because you are already risking something the moment you decide to pay money just to play and then earn. Play to earn has really no guarantee that you will indeed earn in the long run. It might turn sour after some time, so you must always brace yourself from the unexpected. That's where the gambling concept is included in it. There's still uncertainty from profiting from it. It's still much better to have a source of income that is stable and has less risk involved to keep your peace of mind.

But if this p2e will only be your form of pass time and additional income, then it's all good as long as you won't fully depend on it for your needs. If you only want to try gambling and have some entertainment, taking the risk to the unknown future of the p2e (whether it will be successful or not) will be your form of gamble.
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December 06, 2022, 01:21:58 AM
 #23

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

from the explanation you gave, in my opinion, this includes gambling because there is a risk that we will lose money while playing.

however the real pay to earn is not considered as gambling. Pay to earn is a marketing strategy that companies use to reward customers for engaging with their products or services. In this strategy, customers are given incentives such as discounts, free products, or other rewards for completing certain tasks, such as making a purchase, downloading an app, or signing up for a newsletter. Pay to earn is not considered gambling because there is no risk involved and customers are not betting anything of value.


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December 06, 2022, 02:04:02 AM
 #24

I don't strictly consider this as gambling. I still consider this more as gaming especially if you are playing it not for the sake of money but for the sake of the game. But if your sole purpose there is to get the money then it is obviously gambling that prevails over gaming. The only element that makes this as gambling is the money involved. Without that, this is purely gaming. And I highly doubt that gamers would play it simply for the small amount that could be won.
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December 06, 2022, 02:28:46 AM
 #25

I wouldn't call it gambling. That's a tournament, a competition. If it was considered gambling, bloody hell the entirety of the eSports scene would be considered one, the only difference is the prize pool was brought about by various investors instead (afaik). No matter how small the entirety of it is, as long as there's a prize pool, a game based on skill (>99% skill, <1 luck), and players, that's a competition.

If the risk of "losing" money was taken into account, a lot of small-scale tournaments ask for players to pay an entry fee of sorts (based from my experience), but I still wouldn't call that gambling, it's still a tournament. I'd only ever consider an activity as "gambling" if it had that instance of "randomness", bringing luck into the play, and said luck being the majority of the cause for the win/lose. Most competitive types of sports wouldn't really be considered as one, most of them are strategy/skill based.

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December 06, 2022, 02:43:13 AM
 #26

It's still gambling because you're spending money to earn money and competing with other people for the prize money.
But if it's a game like GTA, Mobile Legend or any other game, you can make money from it because I see many people offering to sell their accounts to other people.
From there, they can get their money and if you are an expert in the game, you can generate many accounts to sell in the free market.
But I don't know if there is an online casino site like you mean.

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December 06, 2022, 05:53:48 AM
 #27


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.


Analyzing the scenario and comparing it with the definition of gambling.
Quote
gam·​bling ˈgam-b(ə-)liŋ : the practice or activity of betting : the practice of risking money or other stakes in a game or bet.

10 players
bet or stake $5
prize pool $50

This is definitely a gambling because every one put a stake in order to get the pooled money.

The difference from the tournament is that, in tournament the reward does not come from the stake of individual players.  There may be an entrance fee but players are not betting against each other to get the reward.  They are competing to win the prize.

I wouldn't call it gambling. That's a tournament, a competition. If it was considered gambling, bloody hell the entirety of the eSports scene would be considered one, the only difference is the prize pool was brought about by various investors instead (afaik). No matter how small the entirety of it is, as long as there's a prize pool, a game based on skill (>99% skill, <1 luck), and players, that's a competition.

If the risk of "losing" money was taken into account, a lot of small-scale tournaments ask for players to pay an entry fee of sorts (based from my experience), but I still wouldn't call that gambling, it's still a tournament. I'd only ever consider an activity as "gambling" if it had that instance of "randomness", bringing luck into the play, and said luck being the majority of the cause for the win/lose. Most competitive types of sports wouldn't really be considered as one, most of them are strategy/skill based.

Not because it is a skill based it isn't considered as gambling.  As long as every individual has bet engagement, it is considered as gambling.  Tournament without gambling is way different, but of course a gambling can be integrated to tournament.
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December 06, 2022, 06:09:43 AM
 #28

This is definitely a gambling because every one put a stake in order to get the pooled money.

Yes, it is gambling. Whether it is not considered gambling in the traditional sense of the term is another matter, but everything in life evolves.

I wouldn't call it gambling. That's a tournament, a competition.

A tournament or competition where you put in some money at the beginning and can end up winning more. In other words, gambling.

It's still gambling because you're spending money to earn money and competing with other people for the prize money.

That's it.

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December 06, 2022, 06:58:13 AM
 #29

I feel like your example feels more like competition instead of gambling because people who are putting money are actively involved in it. But traditional poker on the other hand is very similar to your example. Its hard to say. I always felt gambling is totally luck based thing but games where you compete with your skill can also be gambling. But its very different type of gambling. I actually love when gamblers play against each other because its fun to watch.
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December 06, 2022, 07:11:46 AM
 #30

It's gambling from one part and a competition from the other part.

When a group of friends come together I challenge themselves using money ( winner takes it all ) we easily consider this as a gamble.

when it's more international where a company decide to bring top players together to compete and win a price we all call it a competition but honestly it is still a gamble 🎰.

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December 06, 2022, 07:29:29 AM
 #31

From the way you shared an example, I don't see why it won't be called gambling.
Yes it is not play to earn which is not gambling, it is gambling, people agreed to play game with their money, they bet together and whoever won the bet won the money. I have seen such on movies before, such things on movies are also happening in real life among both the rich people and people that are not rich. I can see some boys in my area playing table tennis and commonly throwing dice to gamble like this without the use of a betting site.

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December 06, 2022, 07:32:03 AM
 #32

If you are playing a game and you are putting money in the game in order to make more money, this might be gambling, but it might be a scam.
Play-to-earn games like Axie Infinity seem more like ponzi scams rather than gambling to me. If there's no luck factor in the game(and the game is pretty boring) and the players are simply incentivized to put more money in order to get bigger profits, this is a HYIP/ponzi scam.
Of course there are games like CS:GO, where you spend money to buy skins, but you don't do it with the intent of making more money.



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December 06, 2022, 07:37:01 AM
 #33

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

Even conventional works when people stake money hoping to win and the winners are normally paid from the pool of looser while losers go empty. As long as people come to play a game and money is involved, its gambling. It is not gambling if each player doesn't stake money with the intention to win. An example might be if someone promises to give the winner a some of money without the contribution or bet of the players. This one can be called competition with a prize and not necessarily gambling.
This kind of games is popular in my location and it is always done manually or physically. I am not aware of any casino that offers such services.   

R


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December 06, 2022, 07:44:04 AM
 #34

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
First of all, let's define what is gambling and base on a quick google search, this is what gambling means:
Quote
Gambling (also known as betting) is the wagering something of value ("the stakes") on an event with an uncertain outcome with the intent of winning something else of value.
In the scenario that you shared, it is a form of betting therefore, it is considered as gambling. The term "uncertain outcome" can be applied in the FPS game that you shared because you don't know if you will win or not. Winning of something else of value is the $50.

Overall, pay to earn is considered gambling since you are paying a specific value so that you will earn more money but the chances of you winning is uncertain. Now with regards to the websites or casino who are allowing such games, I don't know if there are sites who are offering those kinds of games or at least similar to that.

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December 06, 2022, 08:02:37 AM
 #35

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

Well, we have been quite gambling when we play online games. Sometimes it requires you to pay or buy special item to make your character even more stronger, so you can get ahead of everyone to acquire rare items that you can sell in the market. That's quite gambling right there, you are paying for the total unknown ahead of you on whether or not you acquire these items that compensates all your expenses in game or make even more.
Another example was the betting system in Dota2, before the rise of the online casinos. There were this one segment in the platform in-game where you can put in-game items to bet on a participating team in the tournament called  TI (The international). I remember I bet rare and mythical items, some of this items are available in the market for purchasing- so that's like you're betting with real money.
IMO, as long as the game involves money, it will be most likely considered gambling.

R


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December 06, 2022, 08:04:16 AM
 #36

Gambling or contest, doesn't matter.
He is just asking if there is something like this kind of game. I would also be interested to join like in a CSGO map and only 5 players per team and the team that wins get to earn the 50USD. If the team wins, they can divide the $50 among those who are still standing. It's a classic game that even the old-school can relate to.


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December 06, 2022, 08:11:24 AM
 #37

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
Making money is not considered gambling. You can earn money in different ways. I think that if you earn money working for a company it is not considered gambling. But I consider gambling the way you talk about making money.
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December 06, 2022, 09:07:52 AM
 #38

It's gambling from one part and a competition from the other part.
When a group of friends come together I challenge themselves using money ( winner takes it all ) we easily consider this as a gamble.

It's a competition and if the competition requires buy-in and there is a prize for the winner (and/or for second and third place) we can call it "more serious competition with serious & skilled players". It's not about earning money, it's about participating and playing against good players, it's how you sharp your skills.

when it's more international where a company decide to bring top players together to compete and win a price we all call it a competition but honestly it is still a gamble 🎰.

By these words every sport or every activity is gambling! Someone spends money (a lot of money) to learn and later earn some money (a tennis player or engineer), but the question is will he ever learn enough to be good enough to start earning from that?

More than once I wrote that gambling can be everything, when you invest yourself (in any way) and you hope for more you are gambling! But let's not be so tough, we can't classify everything like pure gambling, sometimes it's about the competition and learning more from participating.

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December 06, 2022, 09:11:32 AM
 #39

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

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December 06, 2022, 10:54:32 AM
 #40

The poker that you mean is probably a kind of tournament where to enter the room you have to pay and all the money that is there can be taken by the winner, in my opinion it is considered gambling because you meet opponents and have to bet money to participate in the game, different from sites like Play To Earn, which gets free money without having to spend a penny, that might not be considered gambling, it's like starting a game and you get paid

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..PLAY NOW..
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