Gambling as a profession: there's people who live out of gambling?

[Mauser]

Perhaps, there will be people who play gambling because of fun, and that people can have good control over themselves, and they see that they have a chance to make money from gambling. So they decide to learn more about the game and practicing what they got while they can enjoy the process of learning. And as time goes, his analysis, skills, and everything that a pro gambler should have are in themselves, that will be the way for them to be the pro gambler.

I believe that will really happen out there, but we can't find them because people will not tell others about their occupation, how they make money, and how they can have good control over themselves. They will not share their knowledge with others if they don't believe them.

I agree with you, you probably have to be good friends with a person in real life for him to tell you how he makes his money. And for someone who makes his living of gambling he won't probably tell us his tricks and strategy. But the Internet is anonymous so maybe people are a bit more willing to speak openly. However, we won't be able to verify most of it.

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[Janation]

Most of the casual gamblers and addicted gamblers kept on going in and out of casinos or gambling sites and usually brag about their wins. Most of those people that actually win are those hiding their wins and strategies from the public. We mostly know those gamblers when they join professional tournaments we can usually watch online or live.

That is why I don't believe in people here who are selling their secrets or exploits on the gambling sites where they claimed they are winning up to 100 Bitcoin, if they are really winning they need not sell their secret and just keep the secret and go on winning until they are filthy rich it just don't make sense.

That is so true.

I know that there are a lot of people that want to help or share their strategies but there are some that might really doing those things for their own gain. For them to be able to earn some merit or money but not really help those people. And maybe even they knew other strats but they are not telling it to people.

[FlightyPouch]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

Well I am seeing a lot of accounts online with a lot of bet in their histories and their summaries have their profits on it. I don't know his entire gambling history but based on his account's history, he had a profit. It is dice game by the way.

[Becky666]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?
The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

Well I am seeing a lot of accounts online with a lot of bet in their histories and their summaries have their profits on it. I don't know his entire gambling history but based on his account's history, he had a profit. It is dice game by the way.

But Dice game is one of the most difficult game to win in my honest opinion, this game has been my favorite but most time unable to win and among all am at loss presently base on my calculations, does those guys use any sort of AI to game the system or just luck as usual?

[stadus]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?
The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

Well I am seeing a lot of accounts online with a lot of bet in their histories and their summaries have their profits on it. I don't know his entire gambling history but based on his account's history, he had a profit. It is dice game by the way.

But Dice game is one of the most difficult game to win in my honest opinion, this game has been my favorite but most time unable to win and among all am at loss presently base on my calculations, does those guys use any sort of AI to game the system or just luck as usual?

There's no strategy that could beat the house when you are playing a dice, the only way to beat the house is to cheat their system. Dice has a house edge, even at 1% or below, it's still an advantage and they will win in the long run, their formula to be successful is just to limit some bets so they're bankroll will stay alive.

[freedomgo]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

Exactly, the chances of making a profit based on the luck game are very slim. Imagine, a lottery is a base of luck game, so the percentage of winning is very small and I think less than 1% chances of winning I guess will appropriate, how can you able to manage your money even the chances of winning don't know and hoping every day is your lucky day. I don't think there is gambling as a profession, how they can survive or sustain their capital in gambling since they don't have work.

Of course, that's why lottery is very profitable for the owners or the operators, but here's what will happen to you if you win, you will end up a winner because we are talking of millions here and you'll surely not gonna gamble that again as that's a life changing win.

[jademaxsuy]

Of course, that's why lottery is very profitable for the owners or the operators, but here's what will happen to you if you win, you will end up a winner because we are talking of millions here and you'll surely not gonna gamble that again as that's a life changing win.

depending on the gambler. There are a thread here listing lottery winners with huge wins but still end up on huge debt. However, those people are a good example of being bad influence in their betting habit. They cannot resist but to bet and wanting to win more and then end up losing their winnings and not only that they made also big debts. So, we have to learn lessons from them. Who knows one day we might also win a lottery jackpot.

[ethereumhunter]

There's no strategy that could beat the house when you are playing a dice, the only way to beat the house is to cheat their system. Dice has a house edge, even at 1% or below, it's still an advantage and they will win in the long run, their formula to be successful is just to limit some bets so they're bankroll will stay alive.

If that so, we need to consider trying hard to play dice gambling because it will not be easy to win or beat the house. Maybe we can temporarily win that game, but in the long term, the casino will win big money, and that does not come from your money, but that will be from the other gamblers who lose big money. The formula or strategy itself will not work for the long term, and once our luck is gone, the strategy can not be used anymore.

[mirakal]

There's no strategy that could beat the house when you are playing a dice, the only way to beat the house is to cheat their system. Dice has a house edge, even at 1% or below, it's still an advantage and they will win in the long run, their formula to be successful is just to limit some bets so they're bankroll will stay alive.

If that so, we need to consider trying hard to play dice gambling because it will not be easy to win or beat the house. Maybe we can temporarily win that game, but in the long term, the casino will win big money, and that does not come from your money, but that will be from the other gamblers who lose big money. The formula or strategy itself will not work for the long term, and once our luck is gone, the strategy can not be used anymore.

Trying hard would not work if the system in place would not make you beat the house, just look at the dice sites now, they have already grown overtime, they don't only offer dice, they have already added a variety of games because they have enough funds from a profitable operation.

I think instead of trying hard, just try your luck.. Bet on a huge multiplier and then stop and enjoy your winning if you hit it.

[FlightyPouch]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

Exactly, the chances of making a profit based on the luck game are very slim. Imagine, a lottery is a base of luck game, so the percentage of winning is very small and I think less than 1% chances of winning I guess will appropriate, how can you able to manage your money even the chances of winning don't know and hoping every day is your lucky day. I don't think there is gambling as a profession, how they can survive or sustain their capital in gambling since they don't have work.

Of course, that's why lottery is very profitable for the owners or the operators, but here's what will happen to you if you win, you will end up a winner because we are talking of millions here and you'll surely not gonna gamble that again as that's a life changing win.

Don't get me wrong though, I am talking about accounts having a profit but not that much of a money that they can live with it. It is just amazing that with years and years of them gambling, they still have a profit even though the chances of losing is high.

[Eureka_07]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

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Don't get me wrong though, I am talking about accounts having a profit but not that much of a money that they can live with it. It is just amazing that with years and years of them gambling, they still have a profit even though the chances of losing is high.

That depends on how the player managed his balance. Maybe they found some strategy which is working to earn money from whatever games they are playing and placing their bets on.
Sometimes it's not just about luck. Most of the time you need to strategize.

[maydna]

That depends on how the player managed his balance. Maybe they found some strategy which is working to earn money from whatever games they are playing and placing their bets on.
Sometimes it's not just about luck. Most of the time you need to strategize.

That is just about luck. No strategy can work for the long term because the casino will not allow a gambler to win many times. If a gambler won many times and in a lot of money, the casino will suspicious, and they will try to check if something wrong happens. Perhaps, a gambler needs to have many strategies to try his luck to give him a chance to win. But luck is the important thing that a gambler needs to have, and we need to remember that luck will not always come to us.

[Ziskinberg]

Sometimes luck depends for you to win and if you are unlucky you lose money.

That's an easy excuse if you are gambling trying to use your strategy, that would not help you, being realistic is what made you improve in gambling. Think of your mistakes and correct it, if you can't do that, you'll continue to lose money and convince yourselves that you lose because you are not lucky.

Gambling as profession does not depend on luck, but on consistency.

[gagux123]

Just curious here.
I know there are tons of way to live.

but is there such a thing as professional gamblers?

people who make a living onlyout of gambling (online or on rl)?

resources and comments on that are really welcome.

I am not an expert on this subject, but I believe that there are people who can live with gambling. Poker and other sports betting are one of them, for sure these types of people are smart and work thinking. Another point that I contrast is gambling is a business that moves billions of dollars around the world.

[StartupAnalyst]

Sometimes luck depends for you to win and if you are unlucky you lose money.

That's an easy excuse if you are gambling trying to use your strategy, that would not help you, being realistic is what made you improve in gambling. Think of your mistakes and correct it, if you can't do that, you'll continue to lose money and convince yourselves that you lose because you are not lucky.

Gambling as profession does not depend on luck, but on consistency.

I think that in gambling as a profession there are many important factors and without a doubt consistency and work on error is one of the important ones, but it is not the only one. It is also important to strategize and be cold-blooded, for example.

[Btc_1856]

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

Exactly, the chances of making a profit based on the luck game are very slim. Imagine, a lottery is a base of luck game, so the percentage of winning is very small and I think less than 1% chances of winning I guess will appropriate, how can you able to manage your money even the chances of winning don't know and hoping every day is your lucky day. I don't think there is gambling as a profession, how they can survive or sustain their capital in gambling since they don't have work.

Of course, that's why lottery is very profitable for the owners or the operators, but here's what will happen to you if you win, you will end up a winner because we are talking of millions here and you'll surely not gonna gamble that again as that's a life changing win.

Don't get me wrong though, I am talking about accounts having a profit but not that much of a money that they can live with it. It is just amazing that with years and years of them gambling, they still have a profit even though the chances of losing is high.

Exactly, people should always think in a different way when it comes to gambling, even though an experienced person cannot gamble continue and win it. A gambler will always gamble whether he wins or lose because based on his addictive to it, it is impossible for him to control his emotions towards gambling.

[Fredomago]

Just curious here.
I know there are tons of way to live.

but is there such a thing as professional gamblers?

people who make a living onlyout of gambling (online or on rl)?

resources and comments on that are really welcome.

I am not an expert on this subject, but I believe that there are people who can live with gambling. Poker and other sports betting are one of them, for sure these types of people are smart and work thinking. Another point that I contrast is gambling is a business that moves billions of dollars around the world.

There are people who have some good edge learning to understand how this activity works for them, they are making good amount of money out from their skills and sorting the right types of games to gamble with.

Those people are  good in enhancing their knowledge and skills from this market, they are capable in finding good patterns and strategy
that will work for them along the way.

Most of them are discreetly enjoying this priveledge knowing that the site owners are looking
closer to them checking if they are doing something not fair to the house.

[ethereumhunter]

Trying hard would not work if the system in place would not make you beat the house, just look at the dice sites now, they have already grown overtime, they don't only offer dice, they have already added a variety of games because they have enough funds from a profitable operation.

I think instead of trying hard, just try your luck.. Bet on a huge multiplier and then stop and enjoy your winning if you hit it.

Maybe we can try the other gambling game, but not to play with hard because we will not get a big chance to beat the house. Yes, I agree with you that we can play gambling and try our luck, and if we win, that will be the time for us to stop instead of continuing for other rounds. If we keep playing without thinking about stopping for a while, we will lose that win money.

[freedomgo]

Trying hard would not work if the system in place would not make you beat the house, just look at the dice sites now, they have already grown overtime, they don't only offer dice, they have already added a variety of games because they have enough funds from a profitable operation.

I think instead of trying hard, just try your luck.. Bet on a huge multiplier and then stop and enjoy your winning if you hit it.

Maybe we can try the other gambling game, but not to play with hard because we will not get a big chance to beat the house. Yes, I agree with you that we can play gambling and try our luck, and if we win, that will be the time for us to stop instead of continuing for other rounds. If we keep playing without thinking about stopping for a while, we will lose that win money.

Trying to find the best game that has no house edge, I guess that's the right thing to do if you really want to improve and eventually to be consistent in winning. We can't argue that we can win in luck based games but I would argue if some say we can win that consistently despite of the house edge.

Not even in theory it is true, more so in practice.

When I was a newbie I was a moron trying to find the formula to win but those veterans are correct, no way you can win in the long run on games with house edge, it's just my bad I didn't listen because I wanted to follow my own experience.

[gagux123]

Just curious here.
I know there are tons of way to live.

but is there such a thing as professional gamblers?

people who make a living onlyout of gambling (online or on rl)?

resources and comments on that are really welcome.

I am not an expert on this subject, but I believe that there are people who can live with gambling. Poker and other sports betting are one of them, for sure these types of people are smart and work thinking. Another point that I contrast is gambling is a business that moves billions of dollars around the world.

There are people who have some good edge learning to understand how this activity works for them, they are making good amount of money out from their skills and sorting the right types of games to gamble with.

Those people are  good in enhancing their knowledge and skills from this market, they are capable in finding good patterns and strategy
that will work for them along the way.

Most of them are discreetly enjoying this priveledge knowing that the site owners are looking
closer to them checking if they are doing something not fair to the house.

Yes @Fredomago, this is true. There are people who find it easier to learn some kind of thing, including learning gambling, plays, tactics and other things.
But of course, not all people / players are like that, they are a minority.