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.
It is possible to make a living gambling. The secret is to always only make wagers on outcomes that have a POSITIVE expected value. Never, deter from that approach. Gamblers make money on those who make wagers on outcomes that have a NEGATIVE expected outcome.
One of the tricks that I use: carry with you a small notepad and a pencil and write down the names of all the people you associate with and record what sports team of which they're a fan. Constantly, have an awareness of the sports lines and when those people on your list are in your presence, start talking smack about they're opponents. Get them hyped and they will usually make an uninformed wager with you based on their loyalty to their team...make sure that you shave some points from the line to insure you're getting a POSITIVE expected value. You could also, using the same technique, place some wagers on the opposing team, getting them hyped, and shaving points! With a comprehensive fan list and relatively small amounts of liquidity, you can make decent profit.
The trick to making a living gambling is to always, ALWAYS, place wagers where the odds are in your favor. A high volume of wagers with positive expected value will usually yield a profit; however, there is always a chance of getting stung by variance so proper bankroll management is necessary.
ALWAYS CREATE AND MAKE WAGERS WITH A POSITIVE EXPECTED VALUE....cards, sports, EVERYTHING! High volumes of wagers with positively expected value is key, so be proactive! Being proactive means looking for the dummies and manipulating them into taking an irrational wager! That's how it works! The dummies lose and the sharps win! Be sharp!