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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6920 times)
Betwrong
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November 03, 2019, 02:27:55 PM
 #601


I play poker a lot, and I know that this game is not entirely based on luck. But I also watch a lot of poker related videos on YouTube, and from those videos I've learned that even the professional poker players, who are considered the best in the world, lose pretty frequently because of bad luck. That's why I wouldn't recommend this occupation as a profession to anyone, luck is too much of a factor in it.

Only if you play video poker, ...

That's not poker, because in video poker you don't have an option to bluff.

OR against the computer ...

Close, but still far from being real poker because poker bots can be easily outplayed by average poker players. (I'm not talking about AI poker bots, such as Libratus, because they cost millions, if not tens of millions, USD, and no gambling site can afford running them.)

or the dealer alone on the table!

This can perfectly be a real poker. I don't understand why you put all of them in the same sentence.

But I see a lot of pro poker players videos too and sometimes I wonder,,, why do they make such stupid moves? Like a guy I saw with a bluff, he kept going all in with some player who almost busted, and in the end he kept losing and giving all of his balance to the player who would have lost if he was just patient. Even pros are human;)

That's right, but have you, by any chance, wondered why did he lose all those all-ins? Bad luck, that's why. Imo he was doing the right thing going all-in all the time against a player who had much less chips than he did, but in the end he lost all his balance because of the bad luck. Luck is too much of a factor in poker to consider it as a profession.

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November 03, 2019, 10:53:13 PM
 #602

It is hard to imagine someone depending on gambling income unless he or she owns the house. Professional poker players can possibly depend on gambling income but there is high chance that most of them have other sources of income. Some professional poker players are actually employed and sponsored by rich people. In real life I don't know someone dependent on gambling income except gambling owners. .   

Well, even poker is a pure game of chances. The only happening I can see is of sports betting because that's the game where you can actually get the results correctly as it is purely a game of skill. Still risky but yeah.
Risk is part of every game you will have to face thus risk id you are gambling or betting but you will see the risk around you so we should try to overcome it. To use poker as a professional gambler. Dice is a good game but to bet on games I like to use cricket as its safe and easy to bet. It will take years for me to become a professional gambler but it's rest very profitable.
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November 04, 2019, 06:28:39 AM
 #603

Do not make gambling a permanent profession because it is slowly destroying your life in vain, but it is undeniable that many people make gambling a profession but can only enjoy the results of victory in a short time and finish it quickly too, and I experienced it that way and finally lost it all.
and those who only seek income from gambling as their profession will eventually switch professions after losing everything.

Gambling is not for long term and those who get indulge in it over a period of time will lose their money . It is important for people to make it just for entertainment purpose and as a source of regular income which may just not happen always .

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November 04, 2019, 06:52:48 AM
 #604

It is hard to imagine someone depending on gambling income unless he or she owns the house. Professional poker players can possibly depend on gambling income but there is high chance that most of them have other sources of income. Some professional poker players are actually employed and sponsored by rich people. In real life I don't know someone dependent on gambling income except gambling owners. .   

No, it's not hard to imagine because I believe that someone depends on gambling to make money. We can see a pro poker player, for example. He can win the poker game with his skill, including how he bluff other players. Or we can see some gamblers who place his money in sports betting. He should have a lot of information about each match so he can place the bet in every game and win those games. But that is not easy to do because if we want to try, we should have one or more places to find useful information that will support us to place the right bet.

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November 04, 2019, 07:07:43 AM
 #605

Do not make gambling a permanent profession because it is slowly destroying your life in vain, but it is undeniable that many people make gambling a profession but can only enjoy the results of victory in a short time and finish it quickly too, and I experienced it that way and finally lost it all.
and those who only seek income from gambling as their profession will eventually switch professions after losing everything.

Hard to say that because many people who get in the gambling business will use gambling as their work. They will think that they can win someday, and they will hit the jackpot too because they see that some people can win big money from gambling. That will keep them from staying in the gambling place and play many gambling games.

That person will not realize the possibility for them to win because they only think about the win money and pretending they will be the winner. That will make them lose more and more money because they will not calculate how much money they will spend on gambling games.

I think it's only for professional gambling, they play regularly, from the capital and other calculations. so gambling becomes their passion, and they can survive from gambling. but for us, gambling is just entertainment because we don't spend a lot of money on it. I've tried living from gambling for the last few years, but it's difficult. because I get more losses than wins.

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November 04, 2019, 08:16:02 AM
 #606

I've tried living from gambling for the last few years, but it's difficult. because I get more losses than wins.
At least you tried, and actually I also tried and still trying, lol..

Gambling is define as an entertainment for the public since its not a kind of a job that everyone can do successfully.
In general, majority are still losers and only few are lucky to have the skills in winning, the journey that I am trying now is being a sports bettor, thus far, I have more loses than my wins but until I gave up, that's the only time I call it as a failure on my part.

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November 04, 2019, 08:18:02 AM
 #607

Perhaps there are people that considered gambling as a profession, they spend a lot of time with it they lost a lot of money and they also won a lot of money. If you won more than you lost you keep coming back right, They have already the experienced I think they already learned some tricks not to earn that much but at least to sustain or maintain small profit day by day and they have already self-discipline.
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November 04, 2019, 11:21:39 AM
 #608

Perhaps there are people that considered gambling as a profession, they spend a lot of time with it they lost a lot of money and they also won a lot of money. If you won more than you lost you keep coming back right, They have already the experienced I think they already learned some tricks not to earn that much but at least to sustain or maintain small profit day by day and they have already self-discipline.
They don't just gamble without a long term vision, they are usually focus on long term and they plan to learn and develop their skills while they are gambling.

Also, this is depending from a certain gambler since every gambler has their own style and they have their own way on what type of gambling games they will focus and master, it could be sports betting or it could be poker, these are the only two games that I know which has no house edge, so its good for long term venture.

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November 04, 2019, 11:59:33 AM
 #609

It is hard to imagine someone depending on gambling income unless he or she owns the house. Professional poker players can possibly depend on gambling income but there is high chance that most of them have other sources of income. Some professional poker players are actually employed and sponsored by rich people. In real life I don't know someone dependent on gambling income except gambling owners. .   

No, it's not hard to imagine because I believe that someone depends on gambling to make money. We can see a pro poker player, for example. He can win the poker game with his skill, including how he bluff other players. Or we can see some gamblers who place his money in sports betting. He should have a lot of information about each match so he can place the bet in every game and win those games. But that is not easy to do because if we want to try, we should have one or more places to find useful information that will support us to place the right bet.

Do you know someone that depends on gambling alone? Until then, I don't agree with you. Successful poker players are either rich already because they have business and other profession or they are employed by big gambling lords. It is easy to say but hard when you are already in that poker table. I have a friend who regularly plays poker and most of the time he goes home winning. But that friend is a rich businessman and he don't have to worry if in case he losses on his poker games.     
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November 04, 2019, 01:08:12 PM
 #610


I play poker a lot, and I know that this game is not entirely based on luck. But I also watch a lot of poker related videos on YouTube, and from those videos I've learned that even the professional poker players, who are considered the best in the world, lose pretty frequently because of bad luck. That's why I wouldn't recommend this occupation as a profession to anyone, luck is too much of a factor in it.

Only if you play video poker, ...

That's not poker, because in video poker you don't have an option to bluff.

OR against the computer ...

Close, but still far from being real poker because poker bots can be easily outplayed by average poker players. (I'm not talking about AI poker bots, such as Libratus, because they cost millions, if not tens of millions, USD, and no gambling site can afford running them.)

or the dealer alone on the table!

This can perfectly be a real poker. I don't understand why you put all of them in the same sentence.

But I see a lot of pro poker players videos too and sometimes I wonder,,, why do they make such stupid moves? Like a guy I saw with a bluff, he kept going all in with some player who almost busted, and in the end he kept losing and giving all of his balance to the player who would have lost if he was just patient. Even pros are human;)

That's right, but have you, by any chance, wondered why did he lose all those all-ins? Bad luck, that's why. Imo he was doing the right thing going all-in all the time against a player who had much less chips than he did, but in the end he lost all his balance because of the bad luck. Luck is too much of a factor in poker to consider it as a profession.
Luck is the only factor. Gambling games highly depend on it. The output is too random and I is impossible to make correct guesses or get what is desired. Other than that, playing until everything is lost much not be the approach. Though gambling is fun but still, there should be some limit to it. Excess of any action becomes a trouble in the end. This way, gamblers also fall addict to this game.

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November 05, 2019, 12:28:18 AM
 #611


I think it's only for professional gambling, they play regularly, from the capital and other calculations. so gambling becomes their passion, and they can survive from gambling. but for us, gambling is just entertainment because we don't spend a lot of money on it. I've tried living from gambling for the last few years, but it's difficult. because I get more losses than wins.

You're right. So you tried it before to make a living from gambling. Even though you get more losses than wins, at least, you have those experiences so you can tell and suggest to other people not to try to do so because that will be too hard for us if we want to try like you. I never imagine if I am trying to do the same thing as you, perhaps I cannot survive in gambling, and I will spend all the money I have. I think gamblers who can make a living from gambling and make gambling as a profession have something that we don't know so they can survive and success in using gambling for life.
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November 05, 2019, 06:19:08 AM
 #612

For me, living a life through gambling isn't possible. But it depends upon the platform where gamblers bet. Mostly a trick can be catch by those gamblers that is too observant on the other hand, there are those gambling platforms that have a really fair systems. But for a person to trust his life with a 50/50 chance isn't good. they still need another income if bad fate happens.

Out of 1000, I think only few or very less people could make a living out of gambling and can survive just based on the money earned from gambling. Else it is not at all advisable to be dependent on the gambling money because in a day or two people can lose their earned money if they are too addictive to it.
Very few people are able to live with gambling. because the greediness of everyone makes them ultimately lose. Remember even if you play with discipline there will be moments when you will be provoked with emotions when playing gambling. I have almost 2 years gambling Dice and when I have planing and losing several times in a row. worrying about the total defeat then I was there playing with emotions and in the end all my capital was used up

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November 05, 2019, 07:08:08 AM
 #613

~ Luck is too much of a factor in poker to consider it as a profession.

Luck is the only factor. Gambling games highly depend on it. The output is too random and I is impossible to make correct guesses or get what is desired. Other than that, playing until everything is lost much not be the approach. Though gambling is fun but still, there should be some limit to it. Excess of any action becomes a trouble in the end. This way, gamblers also fall addict to this game.

Luck is a big factor in poker, but surely not the only one. I would say even that it's the main factor, but still, skills play their part too.

I think,  it won't be wrong to assume that the vast majority of the so called "professional gamblers" are poker players. And there's a reason behind that. A very skillful player has slightly more chances of winning, and although he/she can lose absolutely any game to absolutely anyone because of bad luck(that's why it's too risky to have it as a profession), overall a pro poker player wins more games within a year(in percentage terms) than an average amateur poker player.

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November 05, 2019, 07:26:28 AM
 #614

overall a pro poker player wins more games within a year(in percentage terms) than an average amateur poker player.
Well, this is what makes them profitable if they have the discipline to manage their funds effectively.
I am not a fan of poker but I know some people in our community who are always in a casino to gamble and play poker, maybe they are having success but I wish that's my interest too, I just love sports betting but that either is not something I can call a profession.

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November 05, 2019, 07:40:34 AM
 #615

Perhaps there are people that considered gambling as a profession, they spend a lot of time with it they lost a lot of money and they also won a lot of money. If you won more than you lost you keep coming back right, They have already the experienced I think they already learned some tricks not to earn that much but at least to sustain or maintain small profit day by day and they have already self-discipline.
The gaps between experienced gamblers and those addicted gamblers. Experienced gambler knows how to limit themselves each time they've played gambling, strictly following the system to enhance the chance of getting profits. The main goals is to win but also to avoid losing a lot. Experienced gamblers most of the time stop when they've seen losing streak are keeps showing they are not aggressive but knows how to prevent bankruptcy.
It's no longer having some fun but already extent being the bread and butter after understanding and developing good attitude to this industry.

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November 05, 2019, 08:19:13 AM
 #616

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.
Yes, there is a professional gamblers because one of my cousin works in a gambling and he is a professional gambler as well , Its totally a double pay for him he makes money from the gambling and if he wants to bet on his own after the work . That's how he live but before that he use to play around their place where there are small time gambling house and he goes back home with his money won often times than losses . he also manage to have a good gambling plan to limit his losses and try coming back in the other day if he thinks that it is a very bad day or luck that said day.

 
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November 06, 2019, 03:46:08 PM
 #617

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.
Yes, there is a professional gamblers because one of my cousin works in a gambling and he is a professional gambler as well , Its totally a double pay for him he makes money from the gambling and if he wants to bet on his own after the work . That's how he live but before that he use to play around their place where there are small time gambling house and he goes back home with his money won often times than losses . he also manage to have a good gambling plan to limit his losses and try coming back in the other day if he thinks that it is a very bad day or luck that said day.
This is reality id we want to gamble so we will have to make disciplined habits so that it will increase our earning in gambling. I think it’s much better if you choose the game you like instead of choosing a game that people are getting or gaming in, poker id good but don’t play it if you are not good a poker player just play when you totally clear about it only then you will get success same as other people.

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November 06, 2019, 03:52:55 PM
 #618

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.
Yes, there is a professional gamblers because one of my cousin works in a gambling and he is a professional gambler as well , Its totally a double pay for him he makes money from the gambling and if he wants to bet on his own after the work . That's how he live but before that he use to play around their place where there are small time gambling house and he goes back home with his money won often times than losses . he also manage to have a good gambling plan to limit his losses and try coming back in the other day if he thinks that it is a very bad day or luck that said day.
This is reality id we want to gamble so we will have to make disciplined habits so that it will increase our earning in gambling. I think it’s much better if you choose the game you like instead of choosing a game that people are getting or gaming in, poker id good but don’t play it if you are not good a poker player just play when you totally clear about it only then you will get success same as other people.

you dont need to start playing gambling if your aim is to have a self control or discipline on the other term but you can always start to do it anytime or even now/today  . also , you dont need to follow if what others are playing just to fit in because you are only risking your capital to loose but instead only pick a gambling game that you have more knowledge or experience with because you can increase your chance of winning in that way no matter how old or unpopular the game was  .
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November 07, 2019, 03:13:05 AM
 #619

This is reality id we want to gamble so we will have to make disciplined habits so that it will increase our earning in gambling. I think it’s much better if you choose the game you like instead of choosing a game that people are getting or gaming in, poker id good but don’t play it if you are not good a poker player just play when you totally clear about it only then you will get success same as other people.

No, discipline will not increase the earning in gambling, but discipline will help you to manage your time in gambling. With discipline, you will have to obey your rule to know how long you need to play gambling and how much money you will use to play. People who use gambling as a profession must have discipline so they can be able to manage everything, including time and money. Without that, you will only lose your money without any chance to recover it back. Even though poker is one of the gambling games which can be used to make money, you need to have good skills to win.
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November 07, 2019, 04:35:25 AM
 #620

Luck is the only factor. Gambling games highly depend on it. The output is too random and I is impossible to make correct guesses or get what is desired.
At some points, I agree that luck is the only factor in gambling because even you know a bit of strategy if you are not lucky at that time then it will be useless.

Other than that, playing until everything is lost much not be the approach. Though gambling is fun but still, there should be some limit to it. Excess of any action becomes a trouble in the end. This way, gamblers also fall addict to this game.
Well, that is how gamblers lose all of their money. They will play until their money will be gone and they are doing this everyday or as long as they have free time and that leads them to get addicted into gambling.

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