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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6920 times)
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January 03, 2021, 06:16:35 AM
 #921

I think although you have professional label with your gambling there are not guarantee always win when begin gambling, there are only broker could take much profit from gambling game and we always loss when beginning gambling. Should have one way for betting waiting when best time give us lucky because gambling is the way to know lucky or not to get win. Maybe when have chance with lucky we can begin gambling and try with higher amount but if not never wanna try.
The professional gambler loses their money in gambling, but their chance to recover their losses will be bigger than the regular gambler because they have a requirement to make money from gambling. But yes, the broker will take much profit from gambling, whether it is a professional gambler or a regular gambler, because the gambling will give the biggest profit to the owner. There is no way for us to know when our luck will come because that is the biggest mystery we do not know.

What difference does it make if anyone is playing gambling professionally and the other person is playing causally for fun. Since gambling is only luck based, even a professional gambler will not grantee that he will win and end up in profit. The only thing which a professional gambler can do is to manage money in a better way but winning does not depend upon skills.
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January 03, 2021, 07:20:11 AM
 #922

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.
Yeah it's very difficult to find someone who used to feed solely on gambling as a source of income, but there are some that have proved exceptional from this list https://www.bestuscasinos.org/blog/10-most-successful-gamblers-in-history/. Although it's very hard to make profit in gambling world but there are those who have the necessary skills for this industry and they are making cool funds from their skills here.
People in that list also can be considered as most luckiest one, and we can see that some people had other profession before entering into gambling so once they made huge profits they saved enough for their survival and started betting with the remaining but still they kept winning more amount than they lost.

No, most of these people ain't lucky.

They are the real deal. If you will be reading the article, they won a lot of money from gambling that even the first one developed strategies that the casino banned which means it is very successful. Some of them are lucky as there is a player that didn't count but won $15M on Blackjack. MIT blackjack team seems legend to me.
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January 03, 2021, 09:23:31 AM
 #923

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.
Exactly. I think those "very few" people you refer to are just the ones who are skilled and consider themselves professional or just those who have tons of money that they can afford to lose. Gambling always involves risks. And you never know if you'll go big or go home. You know what they say, better safe than sorry.

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January 03, 2021, 11:29:46 AM
 #924

~
I guess focusing in sports betting is just the right thing to do, at least you can just stay at home, study the games and analyze it, very fit for the current set up under the covid-19 pandemic.

I would add playing poker to that; playing and, of course, studying how the best current pros are doing it. I'm watching channels like World Poker Tour, partypokerTV and PokerStars on a regular basis, and it works for me. It's really entertaining to learn something from the best, and then apply it in practice. But the keyword is "entertaining" here. I'm not planning to make my living from playing poker. Although I consider poker the most skill based game around, there's still too much luck involved to rely on it as a source of income.

It really depends on how you treat gambling or a certain game, if you don't like to venture on a higher risk, then treating it as an entertainment is more than enough to enjoy and be thrilled in gambling. Poker, yes it's a skilled based games but I think sports betting is easier.

I feel that I don't have good gambling skills, making gambling as entertainment is more than enough. I also agree with you that sports
betting is indeed easier than poker games, where Poker does require skill to win. Therefore, currently in a pandemic situation and I'm doing
many activities at home, it is most suitable for me to focus on sports betting. Besides being able to entertain, I can get additional income
if I'm lucky that the betting results are correct.

At least you are honest with yourself, that way you'll not think of risking a big amount of money in gambling, and less expectation of winning from you since your real purpose is just to win, win some and lose some, that's a typical gambler and most of us belong to that.

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January 03, 2021, 04:04:20 PM
 #925

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.
Exactly. I think those "very few" people you refer to are just the ones who are skilled and consider themselves professional or just those who have tons of money that they can afford to lose. Gambling always involves risks. And you never know if you'll go big or go home. You know what they say, better safe than sorry.

But those people will not tell the others that they can make money from gambling because what they did was not to be followed by the others. Yes, playing gambling has risks, and you should not take those risks to lose the money in the gambling table. It is better to play safe than to use more money that can make you lose in the end.

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January 03, 2021, 04:17:40 PM
 #926

So far I have known many gamblers in the real world but have yet to find a single one of them who continues to live a life of the rewards they get from gambling. Most of the people I know have real jobs where they can earn a monthly or daily salary and they spend part of their money on gambling.

Basically, people might disagree if it is said that the habit of gambling is called a profession. Gambling is not a job and in my opinion it is not a job category at all and is entirely a game. The OP may have to distinguish between work and gambling. Someone who likes this game is called a gambler, they don't work but they play various games for different purposes.

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January 03, 2021, 05:17:15 PM
 #927

So far I have known many gamblers in the real world but have yet to find a single one of them who continues to live a life of the rewards they get from gambling. Most of the people I know have real jobs where they can earn a monthly or daily salary and they spend part of their money on gambling.

Basically, people might disagree if it is said that the habit of gambling is called a profession. Gambling is not a job and in my opinion it is not a job category at all and is entirely a game. The OP may have to distinguish between work and gambling. Someone who likes this game is called a gambler, they don't work but they play various games for different purposes.

For some, they consider gambling as a profession since this is their main source of income. This is what they do professionally, or their bread and butter. However, only few gamblers can keep a living out of gambling due to it's risk. People who makes gambling as a means to leave might have luck on their side most of the time. I do believe that there are people who are born lucky in terms of gambling and there are some who are not meant to gamble.
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January 03, 2021, 06:21:38 PM
 #928

Not good ideas to make gambling is your passion because very bad impact with your money management, gambling is not always guarantee winning for you because many people loss all their assets after know with gambling. Before late left gambling and control your emotion with playing small amount for gambling, I think you know what bad impact if you make gambling as your profession because later almost what do you have will sell to gambling.

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January 03, 2021, 11:03:59 PM
 #929

Not good ideas to make gambling is your passion because very bad impact with your money management, gambling is not always guarantee winning for you because many people loss all their assets after know with gambling. Before late left gambling and control your emotion with playing small amount for gambling, I think you know what bad impact if you make gambling as your profession because later almost what do you have will sell to gambling.

If we ignore the owners of casinos, then I know only a few categories of players who have made it their profession and have a regular income here. The first category is bonus hunters - if you are quick enough, you can "recoup" a part of the bonus, even taking into account the conditions that the casino puts forward for its withdrawal. And the second category is loophole seekers - this category is very close to fraud, but it is not, since mistakes on the part of the casino are their problem.

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January 03, 2021, 11:04:24 PM
 #930


For some, they consider gambling as a profession since this is their main source of income. This is what they do professionally, or their bread and butter. However, only few gamblers can keep a living out of gambling due to it's risk. People who makes gambling as a means to leave might have luck on their side most of the time. I do believe that there are people who are born lucky in terms of gambling and there are some who are not meant to gamble.
This just like to be in trading, not all had come into trading have a successful end, some make this as a main source of income because they know themselves being passionate enough and it really works for them.

Gambling is a 50/50 winning game of life, will that to say that most had suffered losses than those who win but there are some people who are truly lucky in gambling and give them the money to live. I respect their decision actually, we know it is really hard but that is the way they appreciate gambling and happily live in this environment and survive.



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January 03, 2021, 11:45:46 PM
 #931


For some, they consider gambling as a profession since this is their main source of income. This is what they do professionally, or their bread and butter. However, only few gamblers can keep a living out of gambling due to it's risk. People who makes gambling as a means to leave might have luck on their side most of the time. I do believe that there are people who are born lucky in terms of gambling and there are some who are not meant to gamble.
This just like to be in trading, not all had come into trading have a successful end, some make this as a main source of income because they know themselves being passionate enough and it really works for them.

Gambling is a 50/50 winning game of life, will that to say that most had suffered losses than those who win but there are some people who are truly lucky in gambling and give them the money to live.

Luck make gamblers win for one big win, and they can live a good life, others who have the skills can earn consistent profit in gambling and that's what we called they are making a living in gambling and they are professional in what they are doing.

Quote
I respect their decision actually, we know it is really hard but that is the way they appreciate gambling and happily live in this environment and survive.

I got more than respect for them, I admire them and I want to be one someday! Grin Grin Grin

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January 04, 2021, 12:46:45 AM
 #932

It's really hard to think it accept the possibility that, some individuals would take gambling for a profession! A mean, if it is to look at it from the position of CEO's to gambling platforms or sites, it would be easily understood but, for an individual gambler, it's got to be lots of expertise on the individuals side and luck, lots of luck. This is because, no matter how experienced you might think you are in gambling, it all goes down to luck at the long run, knowing quite well that the games can always take a different direction at any time.

But then, should it be that, the gambler gets fund from a different source even if it isn't a major one to fit his or her bills at some point and perhaps funds his or her gambling career, could we still say, gambling is that gamblers major profession?
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January 04, 2021, 03:33:14 AM
 #933

You can actually put gambling into profession, but not all games of course, my friend, who is a professional gambler is actually making heck of a profit out of this, gambling is definitely not all about luck, games like poker and backgammon, they all require skill and I can definitely be the witness of all success when it comes to gambling professionally.
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January 04, 2021, 05:27:21 AM
 #934

You can actually put gambling into profession, but not all games of course, my friend, who is a professional gambler is actually making heck of a profit out of this, gambling is definitely not all about luck, games like poker and backgammon, they all require skill and I can definitely be the witness of all success when it comes to gambling professionally.
But it is not for everyone, if that was the case, everyone will be a gambler. Some games do need skill while others need just probability or luck, I have to agree with you about gambling not being luck based in general, but there are some instances where it is out of control of your skill set and miracles do happen sometimes in unexpected ways.

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January 04, 2021, 05:31:17 AM
 #935

What difference does it make if anyone is playing gambling professionally and the other person is playing causally for fun. Since gambling is only luck based, even a professional gambler will not grantee that he will win and end up in profit. The only thing which a professional gambler can do is to manage money in a better way but winning does not depend upon skills.
The difference is people who playing gambling professionally will try to make money, and they will have a chance to make money. People who are playing gambling for fun will not think about making money, but they play gambling because they want to search and have fun. But whether professional gambler or regular gambler needs to manage their money, they do not lose too much money. That is something that many gamblers forgot to do, no matter what they get from the gambling games.

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January 04, 2021, 05:50:17 AM
 #936

Ten years ago, I used to be a professional poker player, relying more on volume and rakeback than high limits. Nothing fancy, nothing TV alike, just boring grinding 8-10 hours a day.

After losing my job five months ago, I'm playing again. It's annoying and boring, but it's a way to put food on the table. Leaderboards and rakeback deals are giving me almost 100% of the rake back in PartyPoker and GGPoker. Crypto poker rooms don't have enough traffic for Spin and Goes.

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January 04, 2021, 09:16:12 AM
 #937

You can actually put gambling into profession, but not all games of course, my friend, who is a professional gambler is actually making heck of a profit out of this, gambling is definitely not all about luck, games like poker and backgammon, they all require skill and I can definitely be the witness of all success when it comes to gambling professionally.

Maybe a gambler can focus on one gambling game, and he can learn more details about the game. Let say he focuses on sports betting, in football. He can easily to get more info from many sources, and that info is valid, so he can know which team he can select in every match. That will be the same if he is a pro poker player which learning details about the poker game. He can improve his skills, and he can learn another thing that will help him to survive and win. If that is what a gambler did, I am sure he can use gambling as his profession and live out from gambling.

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January 04, 2021, 10:02:10 AM
 #938

Ten years ago, I used to be a professional poker player, relying more on volume and rakeback than high limits. Nothing fancy, nothing TV alike, just boring grinding 8-10 hours a day.
8.10 Hours Playing gambling ? wow that's amazing ,I never even Knew that We can stay that Long even if i am winning.
After losing my job five months ago, I'm playing again. It's annoying and boring, but it's a way to put food on the table. Leaderboards and rakeback deals are giving me almost 100% of the rake back in PartyPoker and GGPoker. Crypto poker rooms don't have enough traffic for Spin and Goes.
How i wish you disclose your Gambling name so I may Follow your bets  Grin First that I heard This good In gambling ,and it seems that you are not Just for Luck when Playing but the experience and skill i guess.

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January 04, 2021, 02:08:44 PM
 #939

You can earn a living from gambling if you happen to know a trick to win the games you play more than 50% of the times, or if are a really good poker player for example that is almost unbeatable by casual players, in any other cases it's simply not possible to rely on what you make from gambling as any source of outcome.

If you don't fit into the above categories mentioned then it would be not a healthy mindset to in anyway think of gambling as anything more than just an entertainment.  
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January 04, 2021, 02:50:38 PM
 #940

Ten years ago, I used to be a professional poker player, relying more on volume and rakeback than high limits. Nothing fancy, nothing TV alike, just boring grinding 8-10 hours a day.
8.10 Hours Playing gambling ? wow that's amazing ,I never even Knew that We can stay that Long even if i am winning.
Don't be surprised, many people spends 6-10 hours at gambling everyday. Last year, I was also spending that much time at online casino. Spending a lot of time doesn't mean that the user placing bets for whole day long. Some gambler stay active at chat always, it gives entertainment as well. I used to test different strategies for making up my balance and also having fun at chat. Nowadays I don't gamble like before and never took it as livelihood.

Though I have seen few gamblers at online casino who took gambling as profession. They always spend a lot of time at gambling sites, in the long run they makes profit by using different strategies. They are pro gambler with enough patience. Luck and patience is the key of their money making method by gambling.

R


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LLBIT|
4,000+ GAMES
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