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mna_ 4 days ago

Start your kids onto the path of gambling? No thanks. Better to teach them chess, xiangqi, shogi or go/baduk.

gwd 4 days ago | parent | next [-]

Life is full of uncertainty. Learning to take calculated risks, where most attempts fail but a few ones pay off big, is an important life skill. Reading other people's behavior to infer hidden information is another one -- Jane Street apparently used to have people learn poker to learn how to infer hidden information from the behavior of other people buying and selling stocks, but invented their own game (https://www.figgie.com/) to teach the same skills more efficiently.

ETA: I would say, when poker is taught correctly, it should discourage anyone from the sorts of gambling which are problematic:

Problem 1: Wasting your money in situations where the odds are "with the house". This would include playing slot machines or basically anything at a casino, the lottery, or even 50/50 raffles (although I can see an exception for the last one).

Poker should teach you to only take bets where the expected value (value of winning * prob winning) is greater than the cost, which is not true in the above examples.

Problem 2: Getting sucked into betting more and more to make up what you've already lost. One aspect of long-term poker should be teaching you is how to manage this effectively.

nkrisc 4 days ago | parent | prev | next [-]

That’s funny. I’ve played poker but I’ve never gambled a cent in my life. How does that work? Oh yeah, we played poker with plastic chips not backed by any money. We just played for fun.

telesilla 4 days ago | parent | next [-]

Likewise, never gambled once even when exposed to the possibility, but I love a good game of poker or blackjack, it's fun for the mind and it's sociable. Our maths teacher a few decades ago used roulette and other games to teach us about statistics, we all loved it and it engaged the entire class, a bonus for slower maths learners. Today I suppose it's not allowed in the classroom?

AtlasBarfed 4 days ago | parent | prev [-]

Gambling is a huge addiction problem. Your comment is like saying someone that occasionally smokes cocaine isn't addicted so cocaine isn't addictive.

jiminymcmoogley 4 days ago | parent | next [-]

I think a more apt comparison might be that it's like saying an actor who has played roles which involve them pretending to snort cocaine isn't addicted so acting in roles that involve the portrayal of drug use isn't addictive.

nkrisc 4 days ago | parent | prev | next [-]

We weren’t gambling. Nobody won or lost anything.

thoroughburro 4 days ago | parent [-]

What were the chips for, then? How did you determine a result to the session?

nkrisc 4 days ago | parent | next [-]

The chips were to determine the winner of the game. Then when the game was over we put all the chips back. The winner walked away with nothing more than what they arrived with. The losers walked away with exactly what they arrived with.

If you think getting to say “I won” is gambling, then we have nothing to discuss.

bondarchuk 4 days ago | parent | prev | next [-]

By that measure playing Monopoly is gambling.

4 days ago | parent | prev [-]
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ta1243 4 days ago | parent | prev [-]

Are they gambling then there is no win or lose?

Rastonbury 4 days ago | parent | prev | next [-]

Once kids get familiarity with odds and probability they will soon realise that casino games they have no edge and the house always wins. Also you cannot bluff a casino dealer which is half the fun

_diyar 4 days ago | parent | prev | next [-]

You can also use it to teach about the risk of gambling and simple probabilities. ¯\_(ツ)_/¯

blitzar 4 days ago | parent [-]

Europeans with their sip of wine for kids seems to have a very different outcome to the puritanical US attitude to alcohol and ban until old age.

yorwba 4 days ago | parent [-]

Different in the sense that they consume more alcohol? https://en.wikipedia.org/wiki/List_of_countries_by_alcohol_c... That it is legal for children to drink under parental supervision also doesn't necessarily mean that parents will allow it, so the legal situation isn't necessarily the deciding factor.

RugnirViking 4 days ago | parent [-]

For what it's worth, in both Denmark and the UK, my experience has been that children are indeed allowed it on occasion, often celebrations like Christmas where they will have something like bucks fizz or a little cider or something alongside the adults.

kqr 4 days ago | parent [-]

Right, and this leads to greater consumption in life. This has been studied. https://www.sciencedirect.com/science/article/abs/pii/S03064...

blitzar 4 days ago | parent [-]

France, Italy and Spain are all places I have routinely seen parents offer their children a small glass with dinner, generally from age 12 onward.

https://archive.nytimes.com/well.blogs.nytimes.com/2016/04/2...

> greater consumption in life

with equivalent or lower alcoholism or alcohol dependency disorders - https://worldpopulationreview.com/country-rankings/alcoholis...

kqr 4 days ago | parent [-]

> with equivalent or lower alcoholism or alcohol dependency disorders

Something something about correlation and causation. I will weigh studies that try to eliminate confounders above population data rife with them.

blitzar 4 days ago | parent [-]

I didn't use a phrase like "this leads to" and cite a logistic regression.

4 days ago | parent | prev [-]
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