Originally Posted by nlsme
... I am rather good at holdem. Go to the Turning Stone on a monthly basis. I routinely triple my money. ....
Economically speaking, gambling is a zero-sum activity, which most often leads to a transfer of wealth from the poor to the rich. I believe Bob brought out the asymmetrical relationship.
Perhaps there is a compromise, require gamblers (punters) to have a license, proving proficiency in statistics, probability, expected value, etc... I know doubt this would be an easy exam for you.