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Author Topic: Can I spend the daily expense by playing gambling?  (Read 16825 times)
panjul07
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March 27, 2019, 10:23:18 AM
 #81

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

What's your point of telling this? Of course people are already aware that gambling is just for leisure and not for income purposes. Just don't get addicted to gambling or else you would spend all your savings just to play at the casino than to think about your daily expenditure.
Right.Gamble only for fun and entertainment but never gamble aiming that you will make use of your pocket money to increase your profit.Gambling has high percentage of losses so never gamble for income purposes only because surely,you will only lose your money at the end of the day.If you have no extra money,then better not to gamble at all.
Actually I'm sure that there are players who live on gambling, I often see some players have totoal profit of hundreds of bitcoin,
and can play with the amount of tens of bitcoin in a single bet. could he possibly live from gambling with such a profit?

I believe those whales are not using gambling for living, they have so much money to bet means that they are rich already. Logically they do not need to gamble for living, but of course we do not know the reality. Make a living from gambling is possible for professional gamblers but most of them are not playing in pure luck based games. Most of them are poker players and sports bettors IMO.

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semobo
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March 27, 2019, 10:29:51 AM
Last edit: March 27, 2019, 12:30:08 PM by semobo
 #82

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

What's your point of telling this? Of course people are already aware that gambling is just for leisure and not for income purposes. Just don't get addicted to gambling or else you would spend all your savings just to play at the casino than to think about your daily expenditure.
Right.Gamble only for fun and entertainment but never gamble aiming that you will make use of your pocket money to increase your profit.Gambling has high percentage of losses so never gamble for income purposes only because surely,you will only lose your money at the end of the day.If you have no extra money,then better not to gamble at all.
Actually I'm sure that there are players who live on gambling, I often see some players have totoal profit of hundreds of bitcoin,
and can play with the amount of tens of bitcoin in a single bet. could he possibly live from gambling with such a profit?

I believe those whales are not using gambling for living, they have so much money to bet means that they are rich already. Logically they do not need to gamble for living, but of course we do not know the reality. Make a living from gambling is possible for professional gamblers but most of them are not playing in pure luck based games. Most of them are poker players and sports bettors IMO.
That is the reason they became rich through gambling so when someone think that they have enough luck to live their life through gambling then they will be in trouble.
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March 27, 2019, 12:19:05 PM
 #83

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

What's your point of telling this? Of course people are already aware that gambling is just for leisure and not for income purposes. Just don't get addicted to gambling or else you would spend all your savings just to play at the casino than to think about your daily expenditure.
Right.Gamble only for fun and entertainment but never gamble aiming that you will make use of your pocket money to increase your profit.Gambling has high percentage of losses so never gamble for income purposes only because surely,you will only lose your money at the end of the day.If you have no extra money,then better not to gamble at all.
Actually I'm sure that there are players who live on gambling, I often see some players have totoal profit of hundreds of bitcoin,
and can play with the amount of tens of bitcoin in a single bet. could he possibly live from gambling with such a profit?
That is the reason they became rich through gambling so when someone think that they have enough luck to live their life through gambling then they will be in trouble.
I believe those whales are not using gambling for living, they have so much money to bet means that they are rich already. Logically they do not need to gamble for living, but of course we do not know the reality. Make a living from gambling is possible for professional gamblers but most of them are not playing in pure luck based games. Most of them are poker players and sports bettors IMO.

Most of the people who got rich in gambling didn't do it through sheer luck. Professional gamblers clocked in a lot of losses in time and money in gaining experience and popularity, enough to make gambling their bread and butter. Expecting to arrive in that level easily is a foolish thought. Especially if you're a small time gambler.


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prtty2gal2
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March 27, 2019, 05:51:08 PM
 #84

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.
It is very realistic to spend daily expenses especially with sport betting and poker games but this is not for everyone.
Any job that gives either daily or monthly living requires special expertise skills and this is the same with gambling.

Those who are professionals in sport betting are one of the highest paid gamblers in the world but it is not easy to become a pro. In sport betting winning half of the bet is not enough but you must be able to win 52.4% of the bet you place before you can have profit. But, the profit is usually 100% profit.

So, if you want to make daily living from gambling, I will advise you consider sport betting or poker games but you must be willing to learn. Read books and get mentors that have already been successful in that line.
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March 28, 2019, 03:17:46 AM
 #85

Funny, you already answered your question in your title. But anyway, just like what you've said. It was impossible if a gambler isn't that good making profits but possible if a gambler is an expert in doubling or even triple-ing the profits . But remember, it was very risky to use your daily expense by gambling.
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March 28, 2019, 03:37:55 AM
 #86

Funny, you already answered your question in your title. But anyway, just like what you've said. It was impossible if a gambler isn't that good making profits but possible if a gambler is an expert in doubling or even triple-ing the profits . But remember, it was very risky to use your daily expense by gambling.

Lol yeah he is asking a question but at the same time he already answered his own question  which i find rare and odd  but anyway the op is right and you are also right , gambling is a risky game thats why we must not use the money that is intented for something else more important . only play gambling using the cash that came from your own pocket a.k.a spare cash so that you wong risk someone else life .
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March 28, 2019, 01:19:46 PM
 #87

Gambling is supposed for fun and not spending the money that you need for daily needs because most of the time you will end up losing money, if you gambling to make profit then you will fall in addiction, and you need to control yourself from falling into addiction, without a good mindset its not recommended to gamble
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March 28, 2019, 01:26:17 PM
 #88

Understand the risk so you can play without any regret.
Spending daily expense IMO is not recommended because gambling will give you winning chance less than 49.5%

Why should I spend on gambling while trading crypto for long term is more profitable

Smiley
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March 28, 2019, 01:40:55 PM
 #89

Understand the risk so you can play without any regret.
Spending daily expense IMO is not recommended because gambling will give you winning chance less than 49.5%

Why should I spend on gambling while trading crypto for long term is more profitable
Agreed, gambling and trading is high risk involved way of making an earning in the cryptospace. Spending daily expense with the earning from gambling is really a difficult thing. More users easily get into gambling with the expectation to profit big without knowing the risks and the long term sustainability. Here very few lucky people win while majority fails.

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March 28, 2019, 02:22:24 PM
 #90

Gambling is supposed for fun and not spending the money that you need for daily needs because most of the time you will end up losing money, if you gambling to make profit then you will fall in addiction, and you need to control yourself from falling into addiction, without a good mindset its not recommended to gamble
Which is commonly happened when a certain gamblers have a mindset to take a target gained in each gambling activities that he will play, most of the time this target is really hard to achieve making it too risky for your bankroll, and without any good controls and limits chances to burned your bankroll is really higher, so instead of making money for a living its also the best place to lose everything and be bankrupt in a short period of time.
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March 28, 2019, 04:59:38 PM
 #91

It is not a wise decision for us to used our daily income for gambling and if you try to do that hunger is going to come on you!  The money you can used for gambling should be money you can afford to lose. 
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March 28, 2019, 05:54:39 PM
 #92

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

People who gambles well and earn a lot of profit are those people who wins big amount but not everytime so if they want to use that to their daily expenses plus gambling expenses, the fund will be impossible to last for a year depending on the amount. You should really find a job or n investment to rely on it.

It depends on your experience in gambling i would say. Yes, if you are experienced and yes can get the game as yours, yes you will have money for daily expense. Hence choose where to through your play. Its on gambling or on trading or anything else to get some thing out to run your daily life. I would choose trading then gambling.
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March 28, 2019, 06:50:52 PM
 #93

Actually I'm sure that there are players who live on gambling, I often see some players have totoal profit of hundreds of bitcoin,
and can play with the amount of tens of bitcoin in a single bet. could he possibly live from gambling with such a profit?
I do not like that statement. You know the reason why these financial and life insurance schemes are in the market ? They make sure you do not die in dire need for money in case of emergency which is covering you and your family members too. When there are many things which are focusing our future financial crisis, it will not be certainly not a good practice to spend daily expenses in gambling.

If you do not have life insurance and have family, you better stay away from gambling as a primary source of income because this uncertain way of making money can make you starve for food as well. So, better be wise and at least build a business that can pay your daily expenses.
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March 28, 2019, 07:23:35 PM
 #94

Actually I'm sure that there are players who live on gambling, I often see some players have totoal profit of hundreds of bitcoin,
and can play with the amount of tens of bitcoin in a single bet. could he possibly live from gambling with such a profit?
I do not like that statement. You know the reason why these financial and life insurance schemes are in the market ? They make sure you do not die in dire need for money in case of emergency which is covering you and your family members too. When there are many things which are focusing our future financial crisis, it will not be certainly not a good practice to spend daily expenses in gambling.

If you do not have life insurance and have family, you better stay away from gambling as a primary source of income because this uncertain way of making money can make you starve for food as well. So, better be wise and at least build a business that can pay your daily expenses.
Just even have the common sense or self will, gambling is never been a profession for people to make is as a primary source of income and come to think that
gambling do requires money for you to make money and with that alone you can already think that its a risky way to earn money and gambling is intended for
entertainment and there no other thing than that.

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March 28, 2019, 07:41:54 PM
 #95

You can find many stories about people who can earn enough from gambling so they can make it their profession, but until you have proved to yourself that it is possible, then I can't recommend you to make gambling your profession.
For me gambling is just fun, I don't lose anything on sports gambling anymore, but its only small pocket money I make on it.
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March 28, 2019, 07:56:40 PM
 #96

Most people make money through gambling with arbitraging, and some sites actually do take action against you if they notice you doing this (sometimes locking your account as well). If you want to get into this, keep in mind this is as difficult as any other occupation like trading and it will take time to get good at arbing. It's impossible to make a consistent profit from a game like dice since such games are purely luck based and house edge prevents you from making a long-term profit.
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March 28, 2019, 08:57:55 PM
 #97

If you have money earned from any source obviously yes, you can use that for any purpose as its yours. But how smart you would play and get the max profits out of what you have. First spend time analyzing and learning what it is and spend a little on it to see how far you can sustain. When you get confidence to go about, then invest and earn to either to have for daily expense or to multiply your capital.
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May 05, 2019, 07:12:03 AM
 #98

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

Gambling is never been a profession nor a thing to be considered as a source of income.It is really impossible on anyone's ears but the fact
there are gamblers who do live with gambling profits specially to those poker and other card game professional players but most of the time
gamblers cant win nor sustain to make money here on gambling field so its better not to treat gambling on this way because you would surely mess up your life.
Agree, because gambling is for fun when the people will bored, because gambling is best for pastimes only. Maybe you can win sometimes, but if you will win always its a source of income, but dont think it with seriously. But if you have too much money you can play always.
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May 05, 2019, 07:43:20 AM
 #99

Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

Nothing is certain in gambling. You are never sure how much will you win each day and how much you will lose. Gambling should be played for fun or for bonus money only. It should not be used as a major source of income to meet the daily needs. You will not be able to succeed in it.

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..PLAY NOW..
alcoholboy
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May 05, 2019, 08:13:30 AM
 #100

In my opinion, you cannot do the right to spend the daily expense by gambling. Because the future of gambling is always uncertain. Sometimes you will win and you can never breath yourself. So I will tell you where there is no future for you, labor is the most futile. And the daily expenses should be far away!

Thank You

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