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Author Topic: Getting a living from Gmabling alone is possible?  (Read 9189 times)
vendetahome
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October 08, 2015, 06:22:08 PM
 #41

it is most definitely impossible i doubt that someone can earn a living just from gambling on a casino game though if you play poker its possible as a lot of people make their fortune with poker
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October 08, 2015, 06:27:49 PM
 #42

No i don't think it is possible. If anybody is earning enough for living than he must be over lucky person. But as people says luck don't stay with one person for a entire life.

tech_solutions
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October 08, 2015, 06:31:50 PM
 #43

yes living from gambling alone is possible but if you are betting in sports game and that too trading type if you do betting you can earn for living, like cricket, soccer, tennis this all are sports betting, in this all games if you sit on one team and play you will win or lose but if you are trading like when a non favrite team odd is high bet on him with your 50% of your money and when other team comes to non favrite then bet the other 50% on it. like this who ever wins you will earn little but not loss.
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October 08, 2015, 06:43:38 PM
 #44

Can a full time gambler lead a life just from the earning from gambling. I think it's possible when we get some experience over time. But some of friends claim they are all successful from day one itself.
It would be nice if you share your experience whether a modern days internet gambling will provide enough and regular money for getting a living out of it.

Answer to u is big yes, but life of gambler`s is full with up`s and down. I have many real life story`s around me, people who never worked just gambling. As i said today they are full with money, tomorow they dont have nothing. When they dont have they borrow and try to make more to have to return.. its a circle. There is an expression : " Mother didn`t cry cause her son go to gamble, she cry cause he is going to retrieve his money."

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crytoboost
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October 08, 2015, 06:47:33 PM
 #45

Can a full time gambler lead a life just from the earning from gambling. I think it's possible when we get some experience over time. But some of friends claim they are all successful from day one itself.
It would be nice if you share your experience whether a modern days internet gambling will provide enough and regular money for getting a living out of it.

Answer to u is big yes, but life of gambler`s is full with up`s and down. I have many real life story`s around me, people who never worked just gambling. As i said today they are full with money, tomorow they dont have nothing. When they dont have they borrow and try to make more to have to return.. its a circle. There is an expression : " Mother didn`t cry cause her son go to gamble, she cry cause he is going to retrieve his money."

Yes that is a life of gambler like this but i think dependent on earning only from gambling can make life more complicated than normal as earning are not consistent so it will be much difficult to live normal life.
apriyani420
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October 08, 2015, 06:58:41 PM
 #46

well it is possible if you are really lucky in gambling but i dont think it would work out in a really long time as it has a house edge which makes people loose

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October 08, 2015, 07:08:31 PM
 #47

I don't think this is good idea to take gambling is way of living and try to get take earning from it but if anybody is most lucky person than he can choose this way of living with luxurious life, for me much hard to take it as serious earning method.
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October 08, 2015, 07:11:06 PM
 #48

I think that people can not get living just by gambling alone.I would say even if you keep gambling and have other source then to will be hard to get living if gambling becomes addiction. To earn something you need to win each time whereas to loose just few hands and work of few days is finished and you start again from zero so its very difficult to depend on gambling.
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October 08, 2015, 08:07:28 PM
 #49

Maybe somebody can live with money which he/she earned from gamble. But you have to have more money to get back even if you loose some amount in gamble. You will win and then loose and then win. This is a gambler life.

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October 08, 2015, 08:10:35 PM
 #50

Its possible if you win big and then never return to this but if you want to do this as full time then you cannot live with this because lady of luck can leave you any time and you could be on footpath with no food
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October 08, 2015, 11:15:00 PM
 #51

It is possible. There are alot of gamblers out there which gamble for a living. They however are probably less than 1% of all the total gamblers out there.

They basically don't have emotion when it comes to money and have good risk management.
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October 09, 2015, 12:27:02 AM
 #52

I think Poker is the only gambling one you can make a living from
Traditional casino games are more for funs and less for earnings.

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October 09, 2015, 02:44:27 AM
 #53

yah. poker has showcase a lot of people earns millions of dollar already. That is more than average lifetime earnings.
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October 09, 2015, 03:11:14 AM
 #54

I think Poker is the only gambling one you can make a living from
Traditional casino games are more for funs and less for earnings.

I think it is quite difficult one to make a sufficient money for living from gambling. What you said is may be fraction of % of gamblers might be making some good money for living otherwise who ever try gambling to make big money or for living will end up in losing the money. So I think gambling should be like fun and bet small amounts and enjoy the success if you can win but gambling for living I think is wrong.
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October 09, 2015, 03:17:35 AM
 #55

I think Poker is the only gambling one you can make a living from
Traditional casino games are more for funs and less for earnings.

This depends on where do you play and how often do you play poker
If you play just within your neighborhood then I think that can't sustain your daily expenses since it's done usually during free time, but if you are talking about those poker pro's that you see in TV, well maybe yes It can help you go through your daily expenses. But isn't it that they also have managers that get's cuts from their winnings?


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October 09, 2015, 03:54:18 AM
 #56

I think Poker is the only gambling one you can make a living from
Traditional casino games are more for funs and less for earnings.

I think it is quite difficult one to make a sufficient money for living from gambling. What you said is may be fraction of % of gamblers might be making some good money for living otherwise who ever try gambling to make big money or for living will end up in losing the money. So I think gambling should be like fun and bet small amounts and enjoy the success if you can win but gambling for living I think is wrong.

Yes. People are still in dilemma whether they can make a living out of bitcoin, but now started moving to think about gambling for their daily earning. In my view, impossible if you do not have determination and a plan.
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October 09, 2015, 04:02:38 AM
 #57

Yes it is possible, some people that I know are living using gambling money and he has a family too and mostly he can feed his children until all of them going to university. Actually it depends on the purpose of people why they are gambling, most people gambling because want to earn money but others like someone that I know have the purpose of family, different purposes you will get the different results
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October 09, 2015, 04:03:32 AM
 #58

I think Poker is the only gambling one you can make a living from
Traditional casino games are more for funs and less for earnings.

This depends on where do you play and how often do you play poker
If you play just within your neighborhood then I think that can't sustain your daily expenses since it's done usually during free time, but if you are talking about those poker pro's that you see in TV, well maybe yes It can help you go through your daily expenses. But isn't it that they also have managers that get's cuts from their winnings?



yes they do have a manger to take a cut but they still earn a whole ton of money. And with sponsorship etc. The monthly income can be quite huge!
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October 09, 2015, 04:32:50 AM
 #59

it is most definitely impossible i doubt that someone can earn a living just from gambling on a casino game though if you play poker its possible as a lot of people make their fortune with poker

Nope it is possible if you know how to control your winning and your losing. Most people said impossible but there is already a proof that some of them are using gambling as their finance and until now they are still doing that and their family are great so I dont agree about this impossible thing
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October 09, 2015, 04:43:12 AM
 #60

Of course it's possible.

It's a lot easier if you own a casino or are a bookie, because it's a lot easier for them to find +EV bets, but it is is very difficult.

You aren't going to make a living playing dice, but with lots of hard work and patience and studying you can make a living on sports betting, poker, video poker (with certain payouts/promos), blackjack (at the casino, very carefully) and other bets with a positive expectation.

Making a +EV bet does not mean that you will never lose, but you have a lot better chance of making money that way than by making -ev bets.

Also note that possible does not mean likely or easy. If you sit at a poker table you will be playing against several other people trying to take your money. Betting on sports means searching for mistakes by bookmakers, finding arbitrage opportunities, and hoping you don't get robbed/kicked out of sports books. In video poker you need to find the right machine and play correctly. Blackjack you need to count cards and hope no one figures out what you are doing before they ban you or shuffle the shoe.
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