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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6920 times)
imstillthebest
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August 15, 2019, 12:47:58 PM
 #121

professionals love gambling and aren't afraid to risk huge amount of money because they can quickly earn it.
yes they can earn it fast compare to a regular gamblers because they are pro and skillful enough but i dont think that they arent afraid  , i dont think that they arent afraid to take risk because they are only humans and they arent perfect . there is still a posibility that they can loose in a game  . alot of things can happen when they loose like they can loose thier title or reputation  and worst of all they loose money  .
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August 15, 2019, 01:14:19 PM
 #122

                        ~snip~
                         ~snip~

Those are not just ordinary people. They are professionals in some field where they also make a lot of money. They love gambling and aren't afraid to risk huge amount of money because they can quickly earn it.
But even professionals can be bankrupted when they are abusing the capacity in gambling because no one can win against the house so if they will put large amount of money everytime they played The surely in a year all they earned from works or businesses may vanish and leave them nothing but poorly

I think still moderation and self control is what we need to maintain our gaming habit and our good living as well









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South Park
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August 15, 2019, 05:49:32 PM
 #123

But even professionals can be bankrupted when they are abusing the capacity in gambling because no one can win against the house so if they will put large amount of money everytime they played The surely in a year all they earned from works or businesses may vanish and leave them nothing but poorly

I think still moderation and self control is what we need to maintain our gaming habit and our good living as well
And that is a risk many do not talk about, even the best poker players and sports bettors have long losing streaks and if they do not manage their money wisely they can still go bankrupt even with a winning strategy, which brings us once again to the topic of money management, no one wants to talk about it in trading or gambling because most of the time money management will tell them that their bets are simply too high and that they should reduce its size but while this will diminish the chances of bankruptcy it will also limit their potential profits.
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August 15, 2019, 06:17:41 PM
 #124

professionals love gambling and aren't afraid to risk huge amount of money because they can quickly earn it.
yes they can earn it fast compare to a regular gamblers because they are pro and skillful enough but i dont think that they arent afraid  , i dont think that they arent afraid to take risk because they are only humans and they arent perfect . there is still a posibility that they can loose in a game  . alot of things can happen when they loose like they can loose thier title or reputation  and worst of all they loose money  .
Because as far as I know some of my friend who always doing gamble said, the more money you risk the high chance you can earn a big profit. Maybe those professional gamblers have enough fund and the financial status was good enough to spend more on gambling. Yes, there are too many people that a professional gambler and they keep gamble just because of money that they earn from gambling. Possible that they had also symptoms of being a gambling addict.

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August 15, 2019, 06:17:47 PM
 #125

                        ~snip~
                         ~snip~

Those are not just ordinary people. They are professionals in some field where they also make a lot of money. They love gambling and aren't afraid to risk huge amount of money because they can quickly earn it.
But even professionals can be bankrupted when they are abusing the capacity in gambling because no one can win against the house so if they will put large amount of money everytime they played The surely in a year all they earned from works or businesses may vanish and leave them nothing but poorly

I think still moderation and self control is what we need to maintain our gaming habit and our good living as well
When someone aiming for the money from gambling then there is no moderation can save them in the long term. People may claim that they are aware of losing their money but they still going for betting and losing more and more money due to the greed of making easy money. If someone want to be a professional Gambler then they need to have their own bank which can print unlimited money.









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Tungsten-1
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August 15, 2019, 07:37:28 PM
 #126

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.
Yes you have a point here. There are many ways in which the top gamblers make money. They never put in their money just in gambling because they know that the uncertainty could be fatal. In addition, the new guys who imitate these big players always lose money because they try to put in all their money in gambling and end up losing everything.
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August 15, 2019, 07:42:33 PM
 #127

                        ~snip~
                         ~snip~

Those are not just ordinary people. They are professionals in some field where they also make a lot of money. They love gambling and aren't afraid to risk huge amount of money because they can quickly earn it.
But even professionals can be bankrupted when they are abusing the capacity in gambling because no one can win against the house so if they will put large amount of money everytime they played The surely in a year all they earned from works or businesses may vanish and leave them nothing but poorly

I think still moderation and self control is what we need to maintain our gaming habit and our good living as well
Absolutely correct, most professional gambler's are those gambler's that actually put fort their self control whenever they went into the game because without self control any gambler van lose to the house. Although,most of these gamblers actually miss the point of setting limit when they gamble.

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August 16, 2019, 08:04:39 AM
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 #128

Many professional gambler have self control, I think this is main reason they keep playing and have positive outcome I mean winning. On top of this they are focused on single sport or in casino in single game. Why is that? They know how this game is played and they know how to make bets what are good odds what are risky ones what is safe and so on and on. They lets say have routine in every play/bet they make. They lose but not like us average or below average players. We play on safe bets, they dont.

Also they have probably there own bookkeepers that help them and maybe make some good odds in all this but they now how and when to play on what. To say this in short.  Every sports/casino game and bets make money in the same way as stock analysts, same principal, they manage risk and look for value and profitable situations, low risk with big profit. When you find good bet with low risk and if you are comfortable in playing it, in this situation you will manage your risk.

In the final bet analysis and risk management, represents keys to good and successful professional gambler, in my opinion.
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August 16, 2019, 08:25:24 AM
 #129

Absolutely correct, most professional gambler's are those gambler's that actually put fort their self control whenever they went into the game because without self control any gambler van lose to the house. Although,most of these gamblers actually miss the point of setting limit when they gamble.

To be honest, there are a lot of gamblers out there, professional or not they all lost to gambling.

I don't think we should say this since there are a lot of professional gamblers out there that still lost to gambling. They lost millions and millions of dollars into gambling, they are professional since they are earning a lot of money, the control is there, the knowledge is there but they are still losing since they are dealing with gambling, and gambling can't give you a 100% chance of winning.
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August 16, 2019, 09:16:40 AM
 #130

Absolutely correct, most professional gambler's are those gambler's that actually put fort their self control whenever they went into the game because without self control any gambler van lose to the house. Although,most of these gamblers actually miss the point of setting limit when they gamble.

To be honest, there are a lot of gamblers out there, professional or not they all lost to gambling.

I don't think we should say this since there are a lot of professional gamblers out there that still lost to gambling. They lost millions and millions of dollars into gambling, they are professional since they are earning a lot of money, the control is there, the knowledge is there but they are still losing since they are dealing with gambling, and gambling can't give you a 100% chance of winning.
And all that you say is enough to answer the question on this topic, gambling can be considered a profession, even we can rely on gambling to make a living but we should know the rate of success in this process is relatively small, even for a few successes, the life they live through gambling, it really is not so flashy when they face pressure everyday, face many emotions. I don't know what people think but I won't encourage anyone to follow this option, it's just a dead end and it's dark at the end of the road, there's no light

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August 16, 2019, 09:32:44 AM
 #131

when they get used to playing gambling, I think it will be difficult to get out of it, especially when they make it a place to make their money. I don't think that they will come out when they make it their profession. I think, they are used to it, and have a certain way to profit. Well, every day there will be new gambling players, whether it's to become a profession or just try it.

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August 16, 2019, 10:06:47 AM
 #132

Indeed, most of the gamblers play gambling as a profession level and they have good earning from it, we could see casinos online or offline all have enough earning from gambling, they are deal with gambling as a profession, that's why they are successful. But it is not easy as we think, it is depend on luck, skills and money these all things make them in gambling professional. 









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August 16, 2019, 10:40:11 AM
 #133

when they get used to playing gambling, I think it will be difficult to get out of it, especially when they make it a place to make their money.

Well, if they can really make money in gambling, there is no reason to get out, unless you want to take an retirement,  but that's too rare as it's hard to win in gambling and when you win, it's just like you are making an easy money and you want to do it all the time.

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August 16, 2019, 03:07:42 PM
 #134

when they get used to playing gambling, I think it will be difficult to get out of it, especially when they make it a place to make their money.

Well, if they can really make money in gambling, there is no reason to get out, unless you want to take an retirement,  but that's too rare as it's hard to win in gambling and when you win, it's just like you are making an easy money and you want to do it all the time.

People keep winning in the regular intervals that is why they are not decided to leave the games but they are not aware of that they were spending more money than they are getting in rewards. The one who want to to get out of gambling is the people who understand gambling can never give profit in the long run.









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August 16, 2019, 10:53:07 PM
 #135

It is possible but such people are not that much in the society particularly if you compare them with those who usually make lost in gambling through either poker game, spotbet and casino game. Most bof the people I know do it as another source of income and not there main source of income though the profit they make from gambling is just a little over the lost they make over time.
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August 16, 2019, 11:01:05 PM
 #136

It is possible but such people are not that much in the society particularly if you compare them with those who usually make lost in gambling through either poker game, spotbet and casino game. Most bof the people I know do it as another source of income and not there main source of income though the profit they make from gambling is just a little over the lost they make over time.

There are several articles or blogs that you can find about this kind of living. Few individuals made it as a living but in sports betting area. The chance of winning is higher in this aspect especially if you know the sport by heart.

https://www.nytimes.com/1997/11/09/business/earning-it-life-s-a-gamble-a-few-people-make-it-a-profession.html

https://www.nolandalla.com/gambling-for-a-living-part-1-how-i-got-to-now/
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August 16, 2019, 11:01:44 PM
 #137

It is possible but such people are not that much in the society particularly if you compare them with those who usually make lost in gambling through either poker game, spotbet and casino game. Most bof the people I know do it as another source of income and not there main source of income though the profit they make from gambling is just a little over the lost they make over time.
If we want to live in gambling, we have to focus on it and be sure we have huge money to risk for. It cost a lot before we become successful in gambling and they dedicated their self in here not even having more time spend with their family.
 How it's hard but they have to do it in order to achieve what they are aiming. How's that life could be boring into the others, that is why only few will succeed in gambling.

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August 17, 2019, 02:35:10 AM
 #138

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 sure there are people who rely on gambling to meet their needs, but it will have a great risk that can ruin the whole life because gambling will depend on luck that unfortunately does not always come. Professional gamblers mostly need good money management tho.

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August 17, 2019, 02:49:58 AM
 #139

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 sure there are people who rely on gambling to meet their needs, but it will have a great risk that can ruin the whole life because gambling will depend on luck that unfortunately does not always come. Professional gamblers mostly need good money management tho.
You can't call yourself as professional if you don't possess all the necessary skills to do well in gambling, professional gamblers also does not rely on luck, it's their job so they need consistency in order for them to be profitable in the long run.

This is not easy for us  but they made a success because they spend time to study and develop themselves in gambling, how I wish I will become a professional gambler but you know when you don't have the talent, you can't force yourself to be one.

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August 17, 2019, 06:26:56 AM
 #140

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 sure there are people who rely on gambling to meet their needs, but it will have a great risk that can ruin the whole life because gambling will depend on luck that unfortunately does not always come. Professional gamblers mostly need good money management tho.
You can't call yourself as professional if you don't possess all the necessary skills to do well in gambling, professional gamblers also does not rely on luck, it's their job so they need consistency in order for them to be profitable in the long run

In fact, no one should rely on luck, not only professionals

As those who do are looking for a disaster (think of reckless gambling here). However, even if you are not relying on luck, you shouldn't fall for the other extreme either, i.e. not hope for luck in the games where luck plays an ever-important and vital role. What I mean to say is that when you encounter it, you should be ready to take advantage of it and do that extremely fast as the others (the ones you are playing against) won't hesitate, so you must not hesitate either. But that means you should be prepared for it and kind of expect it to come your way any moment, even when you least expect it (pardon the pun)

This is not easy for us  but they made a success because they spend time to study and develop themselves in gambling, how I wish I will become a professional gambler but you know when you don't have the talent, you can't force yourself to be one

Ironically, but the same goes for luck. You should train your mind in such a way so as to not lose an opportunity whenever it presents itself

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