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

[Barbut]

There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 

Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.

The term professional gambler applies only to poker players and sports betting, to be clear on that first. I know people that live from that, they make money on other sides too, but from poker or sports betting they make most of the money. Lucky based gambling games are pure luck, most people lose a lot or win a lot when they play these games, it can be fun and interesting, but you can make money on slots constantly.
Poker and betting on sports are different. Skill-based games are games where you can constantly win, or at least most of the time. People are earning millions on poker tournaments and sports betting.

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[Darker45]

There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 

Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.

Where is the contradiction? If you are a professional gambler it does not automatically mean that your income is from gambling alone. I have known some personalities here in my country who are professional poker players, for example. They play day in and day out. They win big, they also lose big. But they have business under their names, run by their trustees, so that they can afford to lose big and still play with huge amounts the next day.

And mate, you haven't predicted it right. When someone asks me about my profession, money or its source is not the first thing that comes to my mind. I am thinking of career, or of what I have finished in college, or perhaps the specific area of which I have expertise or formal training.

There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 

Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.

The term professional gambler applies only to poker players and sports betting, to be clear on that first. I know people that live from that, they make money on other sides too, but from poker or sports betting they make most of the money. Lucky based gambling games are pure luck, most people lose a lot or win a lot when they play these games, it can be fun and interesting, but you can make money on slots constantly.
Poker and betting on sports are different. Skill-based games are games where you can constantly win, or at least most of the time. People are earning millions on poker tournaments and sports betting.

Let us take poker or sports betting, for example. If there are winners, there must be losers as well. If there are millions in winning prizes, there must also be millions in losses. Those who are losing big time may still come back the following day and bet big amounts of money. Where do you think this money come from? Only from their previous winning? No, I doubt it. In gambling, it is not always a sunny day. These people must have other sources of income which give them a continuous flow of money. 

[Moiyah]

Believe it or not, there are professional gamblers who only rely in gambling and treat it as their professional job. To give you some example, I had a conversation before with a prof gambler and he gain profits by winning some high ranks bet in some gambling websites. As you can see, there are gambling sites that rewarded players with the highest bet and that person has a huge amount to wager that makes him won as a higher rollers with at the same time winning the game, too.

Anyway, he has tons of funds though. Risky bets bit a winner. Thats a professional gambler.

[redsun114]

I am aware there a lot of professional gamblers but I believe gambling is not their only source of income but once people see that they are rich, they just assume it’s all from gambling. Gambling can actually earn very good money but it might take so long before this money comes in, and before then a lot would have been lost to the game. i don’t advise anyone to have gambling as a profession, it’s better to ignore the big names or rich gamblers we hear or read of and focus on gambling for fun.

I have been gambling for years an d I do it for entertainment, I am not moved by the number of people who do it as profession and yet succeed, what’s important to me is the fun I derive from the game and its okay by me.

[deisik]

I am aware there a lot of professional gamblers but I believe gambling is not their only source of income but once people see that they are rich, they just assume it’s all from gambling. Gambling can actually earn very good money but it might take so long before this money comes in, and before then a lot would have been lost to the game. i don’t advise anyone to have gambling as a profession, it’s better to ignore the big names or rich gamblers we hear or read of and focus on gambling for fun

I generally support this view

But with a small reservation, though. More specifically, if you like a certain game which requires skill along with luck (a lot of such games have been mentioned in this thread), that may turn out to be your true calling. If you feel that way, you should certainly stick to your liking, and one day you will be able to make a living out of it. People become chess champions not because they want money (though money definitely plays an important role here) but because they happen to like chess before anything else - unless you are one of the Polgar sisters, of course (who were forced to play chess by their headstrong farther)

[rodel caling]

Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

[shoreno]

Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa.

i dont think that the guy that pawn on your pawnshop is a professional because what i understand professional means they can do thier jobs perfectly or in control without risking anything  .  selling something just to continue gambling is an example of unprofesionalism because this are the qualitites of addicted gamblers have.

he have an greed selfcontrol as prossional gambler.  

he cant become a pro if he is  greedy and i dont think that being greedy and having a self control can be combined together .

[maydna]

Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

Yes, there will be a lot more gambler who use gambling as a job, and they search for money from gambling. I guess they are know how to play with good and if they are lost, they don't have their luck to win. But on the other days, they win the game because their luck has come.

But we don't have to do the same thing as them because we don't have the same luck too, and it's better to search for another job to make money. I am sure our luck will come from the other jobs because we don't have to spend money to get the money.

[Kasabus]

Many people try to make the maximum money from gambling but only few succeed in doing it . And rest of them lose the money and I am the one who stays away from this philosophy that gambling is their for us to make money and survive our life through that money . I know my luck and what is better for me .

That's true, most of the gamblers especially the beginners does not understand their chances, they tend to be more focus on the possibility that they can win and if they win, they think they can consider gambling as their source of income. Also, there are lot of videos online convincing gamblers that it's possible to make a living in gambling but in the end they just want to sell their picks, and somehow that influences the curious minds of the newbies.

[xSkylarx]

Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

He is a big risk taker if he pawns his belongings just to gamble. What if he still lose after he pawned that gold? To be a professional gambler for me is to have a huge amount of money to use in gambling. You test all the possible techniques to win the game. And use a technique that has higher chance to win.

[vintages]

Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

His case is entirely different if he is really greed as you stated.
However, bare in mind that if he is truly good at what he does (gambling) it's okay to make a living from it. At least there will be more winnings than losing.
In a case where he is just taking chances and gambling on probability, then he is taking a big risk and complete waste of money.

[barbara44]

Of course there are, those who are professionals in gambling are people who can manage their emotions and finances. How can, when they lose a few chips they will stop and when they get a target profit they also stop. Lest we be too ambitious and greedy.

Exactly bro. I think it all depends on our definition of professional gambling. I could refer to myself as a professional gambler because in the time past, I have been able to successfully handle loses, manage wins and also control my emotions not to feel terrible when there is a great loss. Being a professional player does not mean we do not make loses but we have the ability to handle it. This is the reason you will notice a player who that can buy a car from the profits he gets from gambling and another player that has not been able to buy a pen.

I also believe nobody did a course to qualify as a professional player, it all depends on individuals. There is no harm in gambling professionally and also I don’t think gambling as a career is the same as professional gambling.

[dunfida]

Of course there are, those who are professionals in gambling are people who can manage their emotions and finances. How can, when they lose a few chips they will stop and when they get a target profit they also stop. Lest we be too ambitious and greedy.

Exactly bro. I think it all depends on our definition of professional gambling. I could refer to myself as a professional gambler because in the time past, I have been able to successfully handle loses, manage wins and also control my emotions not to feel terrible when there is a great loss. Being a professional player does not mean we do not make loses but we have the ability to handle it. This is the reason you will notice a player who that can buy a car from the profits he gets from gambling and another player that has not been able to buy a pen.

I also believe nobody did a course to qualify as a professional player, it all depends on individuals. There is no harm in gambling professionally and also I don’t think gambling as a career is the same as professional gambling.

They are just the same actually when you do already reached that professional gambling state it is already considered that you are already tied up with that career.
Achieving such state wont really be that easy yet risk management or handling cant be obtained if you wont experienced deep losses.It will depend on how you do accept those and learn on next time which you will able to overcome that greediness or chasing up losses emotion.

[Vaculin]

Of course there are, those who are professionals in gambling are people who can manage their emotions and finances. How can, when they lose a few chips they will stop and when they get a target profit they also stop. Lest we be too ambitious and greedy.

Exactly bro. I think it all depends on our definition of professional gambling. I could refer to myself as a professional gambler because in the time past, I have been able to successfully handle loses, manage wins and also control my emotions not to feel terrible when there is a great loss. Being a professional player does not mean we do not make loses but we have the ability to handle it. This is the reason you will notice a player who that can buy a car from the profits he gets from gambling and another player that has not been able to buy a pen.

I also believe nobody did a course to qualify as a professional player, it all depends on individuals. There is no harm in gambling professionally and also I don’t think gambling as a career is the same as professional gambling.

Gambling is not really bad but i still believe there is no one here that can survive throughout a lot of years gambling alone as a source of income. I once tried to be a gambler but i wasn't really lucky in this field so i move into trading where i made good profits. There may be professional gamblers but still they make huge amount of losses out from their winnings.

[crwth]

This isn't a new thing for anyone because there are a lot of popular gamblers that have been known to spend a lot of money on ridiculous stuff because they get easy money on gambling. Let's see a list of people that have probably crossed your minds and may have been talked about IRL.

Let's talk about the most famous ones that have earned the title Legendary [1]

• Edward Thorp - He is the father of card counting. He is a professor of mathematics
• Billy Walters - Successful in sports betting

There are a lot more included in the reference but no need because the one I listed here are included in the richest gamblers in the world. They are not to be made role-models for sure but you might as well know the people who have become successful.

Do you think you could make it too?


References

[1] https://www.gamblingsites.net/blog/7-examples-of-successful-gamblers/

[South Park]

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.

There are professional gamblers out there but their numbers are probably overestimated, you need to have a strategy that offers a positive expectancy and that is very difficult to get when you are playing against the house but it is possible in blackjack if you use card counting, you can also get an edge in games where you are playing against other players and not the house like poker, however while many have dreams of becoming professional gamblers the truth is that it is extremely difficult.

[nira09]

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 think there is a professional gambler, if what you mean is someone who has good ability in gambling and gets lots of wins. but I'm not sure there are people who can make living only by gambling, there will definitely be burnout in their lives. precisely the one who benefits most from gambling is the owner of a gambling place, he will be able to survive only with their gambling place.

[Finestream]

For the few years in have spent gambling on traditional mode before joining the online casinos I has never seen a good successful gambler that had live his or her life solely on gambling without doing any  other. Sincerely speaking it's very hard to win consecutively on a game without a  lost, even at that, not all days you as a gambler can win in the arena, so, mist of these gamblers we see are also into other stuff that generate income apart from gambling.

Yes.Those gamblers we have seen that are really making huge profits does not mean they rely on gambling alone for source of living.They are also making investments in crypto apart from gambling.As far as i know,there is no such professional gambler that will make a stable income from gambling.And the fact that winning is very rare in gambling so a wise man would not really depend his income alone in gambling.

[Reatim]

Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

His case is entirely different if he is really greed as you stated.
However, bare in mind that if he is truly good at what he does (gambling) it's okay to make a living from it. At least there will be more winnings than losing.

I tend to disagree buddy because there’s no good in gambling unless luck will be in yours because even how good we are yet the principles of gambling is to GAMBLE means there’s no specific point of winning and all is based on luck

In a case where he is just taking chances and gambling on probability, then he is taking a big risk and complete waste of money.

Gambling is really a waste money no matter what you say,why not try to invest in crypto all the amount you risk in gambling and you’ll find out in future what you have missed today

For the few years in have spent gambling on traditional mode before joining the online casinos I has never seen a good successful gambler that had live his or her life solely on gambling without doing any  other. Sincerely speaking it's very hard to win consecutively on a game without a  lost, even at that, not all days you as a gambler can win in the arena, so, mist of these gamblers we see are also into other stuff that generate income apart from gambling.

It’s better to invest in business than to gamble that’s the easiest answer to this thread.because risking your money in just a Game is like throwing your food outside the window.

[DarkDays]

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 used to make a living solely playing poker at my local venue, however they have since closed down after it was discovered they were hugely in debt after someone had bribed the staff to rig the table games.

Now I still make a good income playing poker online, but I would imagine few people make a living playing games of pure luck.