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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6920 times)
Cherylstar86
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August 24, 2019, 08:46:33 PM
 #181

I have known a person who live out of gambling as a profession. My mother's cousin is like that and he's always been going to casinos every night and come home with lots of money. I don't know what he did but one thing I know is he also let other gamblers loan money from him. Lucky enough to received lots of money if the owner of the casino visits and giving money to gamblers. This case is live casino and not online.

You sure he does not have other jobs?Maybe he goes out, withdraw lots of money, gamble in a casino and then comeback with remaining balance? He may even be working in the casino and getting paid daily. You should know exactly where the money comes from before believing that casino is a regular source of income


It's not a regular source of income mate, because the relatives of my wife had been stucked and pile up of their debt just for casino addiction. They've been drowned to addiction with this gambling game, so it's not by profession but rather a bad habits.
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August 25, 2019, 12:07:48 AM
 #182

I have known a person who live out of gambling as a profession. My mother's cousin is like that and he's always been going to casinos every night and come home with lots of money. I don't know what he did but one thing I know is he also let other gamblers loan money from him. Lucky enough to received lots of money if the owner of the casino visits and giving money to gamblers. This case is live casino and not online.
The way i saw it your mother's cousin is a lender and it's a big business and the profit from lending to gamblers is huge as i witnessed/known somebody who is doing that in our place. Lenders are the sure winner on this gambling industry even if some of it's customers will run away with their debt.

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August 25, 2019, 12:33:45 AM
 #183

I have known a person who live out of gambling as a profession. My mother's cousin is like that and he's always been going to casinos every night and come home with lots of money. I don't know what he did but one thing I know is he also let other gamblers loan money from him. Lucky enough to received lots of money if the owner of the casino visits and giving money to gamblers. This case is live casino and not online.
The way i saw it your mother's cousin is a lender and it's a big business and the profit from lending to gamblers is huge as i witnessed/known somebody who is doing that in our place. Lenders are the sure winner on this gambling industry even if some of it's customers will run away with their debt.

She is making a lot of money from the lender itself without playing gambling. I knew someone from my neighborhood, which lends some money to other people, and yes, he makes huge money from them, and he becomes one of the rich people in here.

But we don't know if his mother's cousin is really playing gambling or not. Or she is playing gambling for fun because, in the end, she will get the money from the borrowing money.

Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.

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jakoylantern
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August 25, 2019, 01:55:11 PM
 #184

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 are some professional gamblers, we know that in gambling the money is so fast it's either you will win a massive amount of money or lose a lot in only a single bet. I have known some people that they make gambling as their job because they are good at it and also some company wants to hire some people just to gamble or play a particular game. Also, this day's there are so many people our online game to make some money, and they call ( streamer ), and they can earn a massive amount of cash especially when there has so many follower. Smiley
carter34
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August 25, 2019, 05:02:00 PM
 #185

Everyone certainly from the beginning did not want this profession.
Because of the passage of time, people would not have thought that gambling could be done as a profession.
Well, everyone certainly can not do this profession, because this profession is a profession that has a high risk.

I have a friend who makes gambling as his main income every day, this is not wrong. Because even friends have found the game to benefit.

Do we call gambling a profession? Well... If we say so. But I think gambling in my opinion is luck base and anything that is based on luck might not stand the hard times.

Profession in my understanding is not necessarily luck base as per say, even where luck can come in, you must have done your own part but a novice can succeed in gambling the first time and make a live living.
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August 31, 2019, 08:14:39 AM
 #186

Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.
The only people who make money from gambling are the owners of the casino, the bookie and the affiliate marketing agents. They are not gambling directly and depending on the income from the house.

Since people cannot control their urge to gamble on and on, they will constantly getting paid for their work without seeing any risk. Although the house makes money continuously, they do lose money when a high roller wins big. But then that money does not stay in the players hands for long because they become greedy and play again only to be busted.

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Ucy
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August 31, 2019, 08:32:27 AM
 #187

Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.
The only people who make money from gambling are the owners of the casino, the bookie and the affiliate marketing agents. They are not gambling directly and depending on the income from the house.

Since people cannot control their urge to gamble on and on, they will constantly getting paid for their work without seeing any risk. Although the house makes money continuously, they do lose money when a high roller wins big. But then that money does not stay in the players hands for long because they become greedy and play again only to be busted.

I wonder how often the high rollers win big. I bet this rarely happens otherwise gambling business won't be that profitable. Makes me wonder why many gambling sites have big different winners displayed on their websites on daily basis. Does it mean people win big on daily basis? The daily big wins doesn't make sense.
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August 31, 2019, 02:11:09 PM
 #188

Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.
The only people who make money from gambling are the owners of the casino, the bookie and the affiliate marketing agents. They are not gambling directly and depending on the income from the house.

Since people cannot control their urge to gamble on and on, they will constantly getting paid for their work without seeing any risk. Although the house makes money continuously, they do lose money when a high roller wins big. But then that money does not stay in the players hands for long because they become greedy and play again only to be busted.

I wonder how often the high rollers win big. I bet this rarely happens otherwise gambling business won't be that profitable. Makes me wonder why many gambling sites have big different winners displayed on their websites on daily basis. Does it mean people win big on daily basis? The daily big wins doesn't make sense.
I don't even believe it was a big win from luck, it would be a big win from an established plan and of course, the person behind this play could only be the casino owner, they had a good bait and when the fish took the bait they would start to exhaust it and harvest it. The truth is that no one can win big because this is gambling, winning and taking money is not allowed from players, players here lose and pay money to the casino, and I'm sure we should not consider gambling as a profession when we are players, it was just a meaningless and deadly life
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August 31, 2019, 03:52:36 PM
 #189

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 must be because they have the ability in that field. people who have the ability and techniques to gamble online and rl, it can be said professional gamblers because they already know how to win the gambling. but I'm sure not all of the income is made from gambling, there must be other businesses that he does.

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August 31, 2019, 05:48:10 PM
 #190

My only income is gambling ( E-sports betting ) and living out with that

I'm 20 and living in Turkey.Minimum wage is around 360~~ in turkey so it's pretty easy for me when my income is USD(1$ = 6 TRY) but paying a lot of taxes(%26) because my yearly income more than 50k as TRY
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August 31, 2019, 06:01:17 PM
 #191

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 have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.

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pixie85
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August 31, 2019, 11:34:23 PM
 #192

My only income is gambling ( E-sports betting ) and living out with that

I'm 20 and living in Turkey.Minimum wage is around 360~~ in turkey so it's pretty easy for me when my income is USD(1$ = 6 TRY) but paying a lot of taxes(%26) because my yearly income more than 50k as TRY

So you guys are paying higher taxes when your yearly income is just 8 thousand dollars? In most European countries you need at least 2 times that to get into the higher tax bracket. The EU average is over 20 thousand dollars.

It's still a big achievement to earn 8 thousand a year from esports betting. You are doing great. If you had a job to add to your gambling income you'd be making some real money.
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August 31, 2019, 11:38:46 PM
 #193

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 have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.

there are a lot of people who live out of gambling. and though most of them are not really successful yet they treat gambling as their main source of living. we cant blame them if that is all they know how to earn a living. everyone has their own choice in life and that is their choice! who are we to judge?

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September 01, 2019, 12:00:23 AM
 #194

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 have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.
Needs a lots of experienced and a very good attitude towards this industry, maybe it can be done for someone who is really good in controlling their emotions, they can workout  independently and do manage to get some profits from each time they've played with the games that they've mostly use, most of the time it's poker or sports betting where professional finds some good edge to work and earn some money.
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September 01, 2019, 01:31:31 AM
 #195

Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.
The only people who make money from gambling are the owners of the casino, the bookie and the affiliate marketing agents. They are not gambling directly and depending on the income from the house.

Since people cannot control their urge to gamble on and on, they will constantly getting paid for their work without seeing any risk. Although the house makes money continuously, they do lose money when a high roller wins big. But then that money does not stay in the players hands for long because they become greedy and play again only to be busted.

The house will be the real winner in gambling, and no one will doubt that. They don't have to play gambling, and they only watch in every gambling table, and the money will come to them directly. That's why their business become bigger from time to time.

The greediness will make the gambler always lose the money in the gambling table because most of them are not realizing about the risk of playing gambling. Although the gambler realizes the risk, the gambler still playing gambling no matter if they still lose. They need to control the emotion that can prevent them for another loss.

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Fundamentals Of
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September 01, 2019, 03:28:16 AM
 #196

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 have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.
Needs a lots of experienced and a very good attitude towards this industry, maybe it can be done for someone who is really good in controlling their emotions, they can workout  independently and do manage to get some profits from each time they've played with the games that they've mostly use, most of the time it's poker or sports betting where professional finds some good edge to work and earn some money.

Poker and sports betting are some of the more profitable forms of gambling. One may actually earn a significant income from it. It could actually happen on a regular basis. But I cannot go as far as saying that he can live his whole life solely depending on his winnings. There are times when upsets happen. There are times when you are only a step away from victory and then all of a sudden you turn out a loser. This is gambling after all.

But at least as compared to dice or lottery, betting on sports or poker is a game not just of luck but of analysis as well.
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September 01, 2019, 04:09:19 AM
 #197

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 have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.
People use to win big because they are well trained and they have found gambling as best way to gain money we will have to be ready for all things happen. I like to gamble in my extra time of the day I gamble when I get free and i never leave my job as well because gambling can be done at night as well casinos are open 24/7.
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September 01, 2019, 01:11:21 PM
 #198

~snip~
I have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.
People use to win big because they are well trained and they have found gambling as best way to gain money we will have to be ready for all things happen. I like to gamble in my extra time of the day I gamble when I get free and i never leave my job as well because gambling can be done at night as well casinos are open 24/7.
^ This.
This could be the reason why gamblers always come on gambling, I don't see that they are do gamble as a profession or the way in a source of living. People can afford to gamble of course they had a job and can able to spend money as capital. Nevertheless, the main reason is they become a hobby to gamble in casino and at the same time hoping that their capital will be doubled once they had won and exit on the casino.
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September 01, 2019, 01:53:24 PM
 #199

The house will be the real winner in gambling, and no one will doubt that. They don't have to play gambling, and they only watch in every gambling table, and the money will come to them directly. That's why their business become bigger from time to time.

The greediness will make the gambler always lose the money in the gambling table because most of them are not realizing about the risk of playing gambling. Although the gambler realizes the risk, the gambler still playing gambling no matter if they still lose. They need to control the emotion that can prevent them for another loss.
Well, that is how gambling system works. The house always win that is there is no casinos that are closing out because of bankruptcy Cheesy.

Gamblers tend to be greedy either they win or lose for some reasons and this is the attitude that they must remove. Gambler knows the risk but they don't care as long as they gamble. They gamble either to have fun or to have quick money but the end result will be only one. Loss.

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September 01, 2019, 10:01:26 PM
 #200

The house will be the real winner in gambling, and no one will doubt that. They don't have to play gambling, and they only watch in every gambling table, and the money will come to them directly. That's why their business become bigger from time to time.

The greediness will make the gambler always lose the money in the gambling table because most of them are not realizing about the risk of playing gambling. Although the gambler realizes the risk, the gambler still playing gambling no matter if they still lose. They need to control the emotion that can prevent them for another loss.
Well, that is how gambling system works. The house always win that is there is no casinos that are closing out because of bankruptcy Cheesy.

Gamblers tend to be greedy either they win or lose for some reasons and this is the attitude that they must remove. Gambler knows the risk but they don't care as long as they gamble. They gamble either to have fun or to have quick money but the end result will be only one. Loss.
That kind of attitude cant really be removed on most gamblers.In that case no gambling business would appear nor would be profitable.

We know on how vast this gambling industry due to those gamblers that do believe on making lots of money or make theirselves rich on playing it.
Stopping midway and realizing that you are losing too much money is quite hard.

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