Topic: Is pay to earn considered gambling? - page 2. (Read 414 times)
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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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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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. 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
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.
From the way you shared an example, I don't see why it won't be called gambling.
Everyone put money, there's reward money, there's a prize pool, and you all guys compete for it to win.
I thought at first that you are referring to the usual "pay to earn" games but gambling inside a game itself. I don't see such games in casinos.
Everyone put money, there's reward money, there's a prize pool, and you all guys compete for it to win.
I thought at first that you are referring to the usual "pay to earn" games but gambling inside a game itself. I don't see such games in casinos.
for example in a room of 10 players everyone puts 5 dollars and the winner takes the whole 50 dollars, Are considered as gambling.
The activity is considered as betting on something else, and it is gambling, but the game it self is not, obviously. It is even considered as an esports. Like i said on other threads in relation about games and gambling, all gambling can be considered as games, but not all games can be considered gambling. That is why we have sports betting. 
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
There was a discussion before that is near about this question. I just can't find it.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
Not just pay-to-earn but games with gacha rolls, premium items to buy in-game, and other kinds of stuff that are being bought with money are considered gambling too.
It's just better now because online games are paying back by means of cryptocurrencies where items can be sold for it.
Or, you could pick a game with an NFT option, make your avatar an NFT then trade it for cryptocurrency in their market.
If you are the type of hardcore grinder in MMORPGs, you could try Mir4.
This too a kind of gambling. Here you're playing against the players, whereas with caisnos you play against the system. Play to earn is different from the method thats been putforth. In village region people used to bet within themselves while playing cards. The process is the same, everyone contributes equally and the winner takes everything. For users who are addicted to gaming, could prefer play to earn because the player receive very small rewards for the time spent.
When we do speak about play to earn then this is something that do really attached with investment.We are really that fully aware about those defi's and nft games that we do have in the market which it couldpotentially make you earn but of course you would be still needing to shell out some money for you to buy up a particular nft or something which could able to make you earn.
Gambling on the sense that you are putting up that risk which it is pertaining about community demand and interest and at the same time you wont know
on when rug pull does happen which there are couple of angles which you could really make your investment mess up.
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.
I think you have the wrong title it should be Play To EARN and not pay to earn if it pays to earn then it's investing in an investment package or staking your money, we have a lot of play to earn projects but they are not played in casinos, they are stand-alone projects they are mostly blockchain games which is good for transparency
Check out this list of the best Play To EARN
Play Blockchain Games to Earn NFTs & Cryptocurrency
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.
Obviously, it's gambling since you risk money on something for the expectation to win those pot money.
You are basically competing against those other players in the room. "Winners take all" therefore you compete for it.
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
I think none. Maybe you can instead form a mini-tournament against your friends or those who played that game.
For example, in the famous game, 8-ball Pool, you can compete with your friends there or even form your own tournament with stake money.
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
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 still considered gambling since you put money and expect to get the money from other players when you win. I think that is not profitable for a casino since there is so much needed to get that going. They need refs, the location where players can play. I think that is why no casino is picking that up. Casinos only pick up professional tournaments and they act as bookies where you can bet for your favorite teams. It will be very expensive for them to host the event themselves.
I suggest, if you really are good at FPS games, then try to be a professional gamer. Rank up and get noticed by professional groups. They pay higher and with a contract, you are secured. If you are playing since you were young, then you should be very adept by now and can be a professional gamer if you pursue it. If you think you do not have enough skill to be professional gamer, then another choice is to stream games and earn from it. As long as you are entertaining to watch, you can have followers in social media and other streaming platforms.
Gambling is something that I know that I cannot be dependable on it because I know very well that gambling you can lose whatever thing you have in gambling you play so it is not something that you can make with someone to be doing any gambling is out of chance so I believe that and which is the information concerning gambling
This too a kind of gambling. Here you're playing against the players, whereas with caisnos you play against the system. Play to earn is different from the method thats been putforth. In village region people used to bet within themselves while playing cards. The process is the same, everyone contributes equally and the winner takes everything. For users who are addicted to gaming, could prefer play to earn because the player receive very small rewards for the time spent.
There is a lot of play to earn like the popular Axie Infinity and DPET you have to put in money and hope you employ a good strategy to make money so we can consider this gambling, you put in money that is like betting and you hope to beat your opponent or complete the obstacles in gambling that are trying to beat the house and there's no guarantee that you complete doing those task, so it's gambling.
You are not playing in a casino but all the elements are there like putting in money and hoping to win by doing tasks.
You are not playing in a casino but all the elements are there like putting in money and hoping to win by doing tasks.
That is gambling, but I do not know any gambling site that offers that. Even in evolution of gambling, that stage has been passed through in the past as people gathered and gamble for the winner to take the money won.
That is different from play-to-earn which I think is not profitable but having fake advertisments like download an app to play game, register to earn money, play more games and earn more money. But such things are waste of time and not gambling.
Well yeah what you are talking about people in the past where they gamble on fights or horse racing which is available now online and well known more than what I’m looking for, i don’t see much games that are made to be played with such a plan of pay to earn That is different from play-to-earn which I think is not profitable but having fake advertisments like download an app to play game, register to earn money, play more games and earn more money. But such things are waste of time and not gambling.
Play to earn games are a different story and such a waste of time and energy.
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