Fishing Ponds

[summonerrk]

If no one manages to catch a jackpot fish at each event, its value will continue to increase each week. For example, if no one catches a jackpot fish worth $2000 in the first week, the value will increase to $4000 in the second week, and so on.

It's truly a paradox.
Legally, this is a so-called gray area. If we recall the classic definition of "gambling," it includes three elements: a bet, chance, which results in a win or a loss. And, of course, the win. All three components are present. This type of fishing is a hybrid model of luck and skill, which I would probably compare to poker, which also includes both. Or blackjack. And it's the presence of a cash prize pool, formed from contributions, that makes this type of pastime exciting.

[YOSHIE]

If no one manages to catch a jackpot fish at each event, its value will continue to increase each week. For example, if no one catches a jackpot fish worth $2000 in the first week, the value will increase to $4000 in the second week, and so on.

Fishing is one of my hobbies besides I can win a number of prizes on offer, where I live there is something called "FISHING MANIA" Participants consist of a minimum of 100 and a maximum of 200. Each member must register at a cost of $10/person, prizes offered are up to $300-$500.

However, the main requirement in the PO fishing mania game is that participants must catch fish until the end of the specified time with the participant with the most kilos.
For example: you get 10 fish, another friend gets 8 fish because of the weight of kilos, so the winner is whoever has the heaviest kilos, not the most fish, so in fishing gambling it's not the most fish but the weight and kilos.

I participate in fishing mania almost every tournament, it's exciting and fun.

[Dr.Bitcoin_Strange]

There are many ponds in my localities, my grandpa even have about 10 ponds, he invites Fisher men to fish on those ponds during dry season and then the fishes caught is being shared among the Fisher men and him. Other people also have many ponds and they fish there on their own, but this kind of game or gambling activity is not practiced here. It's actually going to be a fun one from the settings but I seem not to understand the whole details because I'm wondering how impossible it is not to be able to catch big fish there and win the jackpots always. Skillful Fisher men can catch fishes always.

[Fiatless]

My region calls it... Galatama Fishing. 

Imo... this is clearly included gambling because you have to pay a ticket to participate, a kind of fishing tournament with a varied participation ticket and what I know from a friend is that he paid $1000 and if he won, he would get a Jackpot of 65000 USD - equivalent to 100 Million IDR.

Still, the government does not consider this illegal and it is categorized as entertainment, as long as it is not against the law, so maybe there is a right element where it is not considered gambling.

$1000 for a fishing competition? I don't know how it is organised, the size of the pond, or how many participants. These and many more will determine the chances of winning the jackpot. In my country, entry in this competition is free and it is organised in a big pond with hundreds of participants.

Since it is not categorised as gambling in your area, even when participants needs to pay to join. Then it will be legal even when gambling is banned in such an area.

[mindrust]

This has some gambling in it is because everything has. Everything we do is based on math/probability and gambling is the purest form of probability/math. You go to bed this night and sleep… There is a possibility and a probability of you not waking up tomorrow morning. If that’s a gamble, then yes that fishing pond game is also a gamble. If those events were a gamble then everything we do is a gamble. Eat, drink, work, sleep, take a break… all of these actions have a probability rate and that means whenever we do something we are throwing a dice. We keep doing our tasks because the odds still favor us. When they don’t, we die.

[Mindyspace]

I see this as a middle ground between skill and luck.
Those who really know how to fish have an advantage, for example, with bait, technique, and experience, but catching the giant fish is still very RNG (Random Number Gene).

And the entry system, accumulated prize, jackpot growing every week is very similar to gambling, only with a real activity in the middle. Most people pay out, few win like in a casino or lottery.

I think in many countries this is considered legal because it seems like a sport/entertainment, not pure gambling. But if you look at it objectively, the logic is very similar to gambling, right?

But in this topic I had a question: if they removed the fishing part and it was just a draw among the participants, would the difference still be so great?

[Jubilee58]

This kind of fishing can be considered as gambling because you get financial reward after paying some money to engage in the game. Furthermore, fishing requires skill not every body knows how to kill fish. When it comes to killing big fish, I think is a thing of luck sometimes. However, there is a tactics involved when you want want to kill big fish, if you want to kill big fish, ensure your bate is big because most times small fishes don't go for big bate, but big fishes does.

In my own country, we use to have fish ponds where people train different fishes and those fishes are purely for training, people are not allowed to gain access to the pond unless with the permission of the owner.

[Julien_Olynpic]

It's a cross between gambling and a regular business with sophisticated marketing. Yes, it resembles gambling, but it's more like a regular business. You know, in a regular business, there are many things that, from the outside, look like gambling. For example, it could be a simple purchase at a supermarket, especially for a large sum, or the purchase of a rare item. Or, as in the example we're discussing, buying a place and time for a fishing trip. Incidentally, this is an example of good marketing that incorporates elements of gambling.

[maydna]

I am familiar this because my cousins often asks me to go with him. But I always refuse because I am not a good fisher

He tells that the entry fee is cheap but they have big prizes waiting for the winners. They must success to get the jackpot fish in the pond and competing with others. If they can get jackpot fish, they will be the winners and also get the jackpot prize.

My cousins often wins, the jackpot or other prizes. I admitted that he is good at that. He knows how to use the right bait in many ponds so he increases his chance to get the right fish.

But as he use money to join and expecting to get the jackpot fish, I can say that is one of gambling games types. Many people like this and they gather in the pond in almost every nights.

[Beparanf]

It's a cross between gambling and a regular business with sophisticated marketing. Yes, it resembles gambling, but it's more like a regular business. You know, in a regular business, there are many things that, from the outside, look like gambling. For example, it could be a simple purchase at a supermarket, especially for a large sum, or the purchase of a rare item. Or, as in the example we're discussing, buying a place and time for a fishing trip. Incidentally, this is an example of good marketing that incorporates elements of gambling.

But I consider it more as gambling because the prize is in $ while you are paying $ as your entrance fee(bet) for a chance to catch fish with different prize value in fiat.

It will be just a business if the prize will be the fish itself which they can sell in the market or consume it as rewards but this is a clear gambling hiding in a form of fishing business.

[Hispo]

It's a cross between gambling and a regular business with sophisticated marketing. Yes, it resembles gambling, but it's more like a regular business. You know, in a regular business, there are many things that, from the outside, look like gambling. For example, it could be a simple purchase at a supermarket, especially for a large sum, or the purchase of a rare item. Or, as in the example we're discussing, buying a place and time for a fishing trip. Incidentally, this is an example of good marketing that incorporates elements of gambling.

But I consider it more as gambling because the prize is in $ while you are paying $ as your entrance fee(bet) for a chance to catch fish with different prize value in fiat.

It will be just a business if the prize will be the fish itself which they can sell in the market or consume it as rewards but this is a clear gambling hiding in a form of fishing business.

I would have assumed people kept whatever fish they caught as part of the prize, but it make sense if they are supposed to release it again into the pond in order to receive the prize in FIAT. That way the owner of the pond does not run out of fish and the business keep going indefinitely.

And I agree, this is a form of gambling. It just happens rombe a elaborate loophole for people to risk their money with out facing authorities in countries where gambling is forbidden. Again, it is very clever.

[CryptSafe]

This is the first time I am seeing and hearing this. In my country, what we basically know about a fishing pond is just to rear fish of any kind as one wishes to, but I have not really seen or heard about the gambling aspect of it in my country. We only care to rear and sell to make a good profit, but not to gamble with the ponds. Although my country is a gambling-friendly nation, I do not see us adopting these gambling measues any time soon becasue there are lots of gambling games to get engaged with rather than fishing on the river pond.

[ovcijisir]

This really seems like fun activity and I wouldnt consider that as gambling, more as competition with cash prizes.
Also although element of luck is present, the result also depends on skill, a skiled snglers have bigger chances of winning the prize.

[Dunamisx]

If is fun to play any game in form of gambling, because they are entertaining and then we try to keep company of ourself, while trying to play and also bet to know how capable we are in doing some certain things, though i personally never experienced gambling in this manner before, but there are numbers of ways which people can express themselves in gambling playing different kind of games.

[aioc]

My reason for creating this thread is actually out of curiosity. In my country, all gambling activities are prohibited. However, fishing ponds are considered legal and not considered a form of gambling. It's clear that we have to pay a certain amount of money to win a prize that isn't guaranteed.

People can think of anything related to gambling in a subtle way, even if gambling is prohibited in that country, and they found and created it around ponds, which is legal and popular in that location.
I consider this gambling; it has all the elements of gambling. They can hide through contests or events, but it's still gambling, and the pond operators are making money from this. There's also an element of luck and skill behind this.
In a country where gambling is illegal, people can think of anything just to create excitement and fun with money involved because taking risks and gambling are inherent in us.

[Strongkored]

My reason for creating this thread is actually out of curiosity. In my country, all gambling activities are prohibited. However, fishing ponds are considered legal and not considered a form of gambling. It's clear that we have to pay a certain amount of money to win a prize that isn't guaranteed.

Feel free to share your opinions, personal experiences, or any other perspectives.

It can also be called gambling, but I prefer to say this is a competition and what they win is a prize for having competed, and that might also be the reason why your country bans gambling but does not consider this as a form of gambling.

Gambling can indeed be related to many things, for example when you wager money on anything, people will see it as gambling even if it is not done on a gambling site.

[Smartprofit]

I don't think this is gambling at all. It's essentially a lease of a body of water (for a fee). 🙋

By the way, I'm a proponent of forests, rivers, and bodies of water not being privately owned, but belonging to all citizens of the country. I've always admired Robin Hood and his merry friends, who freely shot deer in Sherwood Forest. And the sheriff who forbade them from doing so always evoked antipathy.💁

However, in this situation, the body of water is privately owned. The owner of the body of water sells fishing rights to the fishermen. These relations are governed by civil law (a lease agreement). Essentially, the right to use the body of water is transferred for a fee.

As for the cash prize drawings, in my opinion, this can be seen as an incentive to enter into reservoir lease agreements. This is simply a marketing ploy, not gambling.🧖

[Oluwa-btc]

The question is

• Can this be considered gambling?
• If it is gambling, is it mostly about luck, or does skill actually matter?

Absolutely this should be considered as gambling mostly because you are giving a token for an excitement while you expect something in return, moreso the pond owners are leasing at a fee to guarantee you a jackpots. Though this is a process that should be enjoyed  by individuals but it seems the owners I've converted it to making some profits out of it which is actually portraying the features of gambling.

[Judith87403]

This sits in a gray area. By definition, it has elements of gambling as you pay funds for a chance at a prize that isn't assured. The major difference is how the result is decided. Unlike games of casino, fishing ponds combine chance with true skill. Experience, technique,  choice of bait, timing, and having understanding of fish behaviour affects results clearly. Luck yet has a role to play, mostly with the jackpot fish, yet skill may improve consistency. Which is likely the reason why some countries treat it as a game or sport instead of gambling. Therefore yes, it looks like gambling in structure, yet it leans more towards a skill based competition with a pool prize, not chance purely