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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6959 times)
maydna
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September 02, 2019, 12:36:43 AM
 #201

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.

The casino can use the greediness of the gamblers to get them back to the games so they will play more gambling games and spend more money Grin

Gamblers will forget about their loss in the next games because of their greediness will telling them that in the next round, they will win. But the reality, they will difficult to get the win on another game because gambling game is not given a chance to them to win. So the greediness is something that we should aware and stay away.

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Ayiranorea
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September 02, 2019, 03:42:15 AM
 #202

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.

The casino can use the greediness of the gamblers to get them back to the games so they will play more gambling games and spend more money Grin

Gamblers will forget about their loss in the next games because of their greediness will telling them that in the next round, they will win. But the reality, they will difficult to get the win on another game because gambling game is not given a chance to them to win. So the greediness is something that we should aware and stay away.
Very few get into gambling out of greed, but majority of the users who suffer are the one who try to recover back the loss that's been experienced earlier. Sometimes it feels like we don't want any additional money, just the money that's been spend. In the event of trying for the same loss will be the end result.

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September 02, 2019, 04:03:47 AM
 #203

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
Really?

That's $60 for minimum wage if my computation is correct and that's only for 1 that you have to work for it, right? Tax sure is a big cut for your income and you're not exempted with that because everyone pays for that except those very few.

What's e-sport are you betting? csgo? dota 2?

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September 02, 2019, 12:01:15 PM
 #204

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.
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September 02, 2019, 12:12:33 PM
 #205

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.

That sounds awesome. I have a question though. How did you start? I mean where did your hundreds and thousands come from? If all of it originally came from gambling prizes, then I will rest my case and believe that indeed there is such a person as a professional gambler who makes a living out of gambling alone. But if it started out as a capital fund coming from somewhere else and then you started making use of the gambling income coming from it, then that simply means its source is still not gambling at all.
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September 02, 2019, 12:33:37 PM
 #206

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.

That sounds awesome. I have a question though. How did you start? I mean where did your hundreds and thousands come from? If all of it originally came from gambling prizes, then I will rest my case and believe that indeed there is such a person as a professional gambler who makes a living out of gambling alone. But if it started out as a capital fund coming from somewhere else and then you started making use of the gambling income coming from it, then that simply means its source is still not gambling at all.


Iam not gambling, sportsinvesting is not a gamble for me. I treat this as any other business. Just like stockmarket, forex or whatever. Alltho. Sportsinvesting has higher ROI. I got my bankroll  working as a normal person on a regular day job.
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September 02, 2019, 01:10:09 PM
 #207

Poker and sportsbetting are the only real ways to be able to make consistent profits as a player and you have to be very smart.  Poker players can make a large amount of sponsorships alone, that is why it pays to have one of those outrageous personalities perfect for the world series of poker.
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September 02, 2019, 07:20:10 PM
 #208

Well, gambling is not a profession even though in gambling you can get profit, but still gambling is a place where you look for fun and also a benefit that might be obtained if you are lucky. So, even though they are professional gamblers, in my opinion they do not make gambling as their main source of income.
absolutely, professional gamblers certainly don't consider gambling to be their profession, they assume it's only entertainment and try their luck. I say this because my uncle is a heavy gambler (addict), he is even willing to spend his monthly salary to gamble, when asked what is the reason you gamble, he replied "I am very happy when I see myself able to beat others and win all of the money in table", hearing him say this I felt he was very strange  Undecided, so I concluded that he was gambling to fulfill his desire to win and beat others at the gambling table (his entertainment).

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September 02, 2019, 09:42:05 PM
 #209

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.

Gamblers are used to be to be profession for them because this is their life and also this is as their sources of income. But there are some who lives in this world not gambling. Like relegious group because gambling is not allowed for them.
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September 02, 2019, 10:59:19 PM
 #210

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.
I know someone who often bet in sportsbetting and he really earn decent amount, its because of his knowledge and experience.

There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.

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September 02, 2019, 11:04:51 PM
 #211

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.
I know someone who often bet in sportsbetting and he really earn decent amount, its because of his knowledge and experience.

There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
People who have that skills and talent are lucky to make easy money in gambling, everyone wants to make money in gambling but we know that fact that only few have a set of skills and knowledge to win in gambling consistently.

Sports betting is my favorite type of gambling and I'm very optimistic I can be successful being a sports handicapper, but I realize, although I only bet one game a day, it's not easy as I'm expecting. According to my research, we just have to look for the value, and betting one game a day is already enough as long as we bet a decent amount of money.

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September 03, 2019, 12:32:03 AM
 #212

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.

The casino can use the greediness of the gamblers to get them back to the games so they will play more gambling games and spend more money Grin

Gamblers will forget about their loss in the next games because of their greediness will telling them that in the next round, they will win. But the reality, they will difficult to get the win on another game because gambling game is not given a chance to them to win. So the greediness is something that we should aware and stay away.
Very few get into gambling out of greed, but majority of the users who suffer are the one who try to recover back the loss that's been experienced earlier. Sometimes it feels like we don't want any additional money, just the money that's been spend. In the event of trying for the same loss will be the end result.

When people win in gambling, the greediness will come to them and tell them that in the next game, will be their luck again. So that will make gamblers decide to play one more time, but then the result is not good because they are lost. They keep trying in the second time, but then they lose again.

If the gamblers are aware of that, he will think that it is not good to continue and it's better to take away the money and stop the games for a while.

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September 03, 2019, 01:46:07 AM
 #213

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
You are one of the people we can refer to as a gambler and not like me that only gamble as fun! I put in very few Satoshi and bet with friends on the outcome of football match and it is purely to laugh! I have a customer some time a go , a Chinese man. He told then that “he completely, live on gambling” and that is when I asked him how is work today. The man spend money as he want . He do change cars as will and he is really live an expensive lifestyle.
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September 03, 2019, 03:55:55 AM
 #214

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.
I have never seen someone who gambled to make ends daily meet also, no one of my friends who did so, many of them only play when they want to fill spare time. but some people in the world surely there must be using gambling for its main income, like addicts do. yeah people who live from gambling should be those who are ready with all the risks that exist, well trained, experienced, and stay in control
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September 03, 2019, 04:28:24 AM
 #215

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.
I know someone who often bet in sportsbetting and he really earn decent amount, its because of his knowledge and experience.
This is a 1/1000 skills and there are on few person in every community who can do such,I have known only one in my life that lives from gambling and you are right he earn decent actually comparing our living status I can say that he earns more than mine
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There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
Well you cannot consider professional gambler if they are putting emotional feelings while playing that’s why greediness never cross their ways instead self control is their master habits 

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September 03, 2019, 07:01:40 AM
 #216

Well there are tons of professional poker players that manages to win hundreds of thousands, if not millions in one seating/tournament. There are also those who live off purely of betting on sports and/or other events. One notable person I follow who lives his life through playing poker professionally is Erik Seidel. We all know his magic hands and how much WSOP bracelets he have in his arsenal (Cool. You also have Daniel Negreanu who bagged 6 WSOP bracelets and was considered one of the best poker players in 2014. It is possible though again, you need to have an extreme amount of luck, experience, skill, and of course, starting money in order to live off your life with just gambling.

I believe most professional poker players we know of have sponsors in the form of either investors(who receive dividends, after the game is finished, in accordance with what they invested) or advertisers(who's products/services they advertise on their t-shirts, caps etc. while sitting at the table).

Below, for example, is a fact from Erik Seidel's biography:

In 1988, players at the Mayfair cash games table invited Erik to join them at the World Series of Poker of 1988 in Las Vegas. He didn’t have the money to participate at the event and had to rely on the help of those that invited him. They covered most of the fund required for his buy-in at the $10,000 Main Event. This turned out to be a good investment on the part of his sponsors because he finished as a runner up to Johnny Chan, with a winning of $280,000.

And I read similar stories about other famous professional poker players.

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September 04, 2019, 12:06:45 PM
 #217

Well there are tons of professional poker players that manages to win hundreds of thousands, if not millions in one seating/tournament. There are also those who live off purely of betting on sports and/or other events. One notable person I follow who lives his life through playing poker professionally is Erik Seidel. We all know his magic hands and how much WSOP bracelets he have in his arsenal (Cool. You also have Daniel Negreanu who bagged 6 WSOP bracelets and was considered one of the best poker players in 2014. It is possible though again, you need to have an extreme amount of luck, experience, skill, and of course, starting money in order to live off your life with just gambling.

I believe most professional poker players we know of have sponsors in the form of either investors(who receive dividends, after the game is finished, in accordance with what they invested) or advertisers(who's products/services they advertise on their t-shirts, caps etc. while sitting at the table).

Below, for example, is a fact from Erik Seidel's biography:

In 1988, players at the Mayfair cash games table invited Erik to join them at the World Series of Poker of 1988 in Las Vegas. He didn’t have the money to participate at the event and had to rely on the help of those that invited him. They covered most of the fund required for his buy-in at the $10,000 Main Event. This turned out to be a good investment on the part of his sponsors because he finished as a runner up to Johnny Chan, with a winning of $280,000.

And I read similar stories about other famous professional poker players.
Yeah right to become good and professional gambler poker is the best game it has allot of gamblers but there are so many other options as well. Gambling has allot of profit people only need to promote it  and make it as one of good warning professionals which is possible very soon..
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September 05, 2019, 07:18:06 PM
 #218

There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
Well you cannot consider professional gambler if they are putting emotional feelings while playing that’s why greediness never cross their ways instead self control is their master habits 

And I'm sure only few people can succeed to be a pro gambler because people these days are greedy. As every professional are in every field, it takes time, dedication, and discipline to be an expert in the field they chose. And those gamblers who claims to be pro now must have spent a lot of time to be who they are right now. They have practiced their mind to be wise and gained self-control.
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September 05, 2019, 10:50:25 PM
 #219

There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
Well you cannot consider professional gambler if they are putting emotional feelings while playing that’s why greediness never cross their ways instead self control is their master habits 

And I'm sure only few people can succeed to be a pro gambler because people these days are greedy. As every professional are in every field, it takes time, dedication, and discipline to be an expert in the field they chose. And those gamblers who claims to be pro now must have spent a lot of time to be who they are right now. They have practiced their mind to be wise and gained self-control.

I don't even see a lot of successful gamblers who claim to be pro, they just hide their identity and continue to enjoy making easy money in gambling.
Those who claimed to be pro and selling their method or picks are untrustworthy IMO, because why would they do that if they are sure their picks will give them profit.

Personally I have big dreams in gambling as well which is to be a successful sports handicapper as that's the best type of gambling where I think I have a chance because I love sports and I have seem matured already with years of betting, but you are right, it's not easy, it's built over time and until now I still haven't found the right formula of consistency.

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September 05, 2019, 11:30:04 PM
 #220

Gambling is not suitable to be a profession, moreover it is used for a main income. It can indeed be done because I've also experienced it for several years, but to be honest I suffer a lot to do it because every day I am required to bet by having high pressure to get a profit. So, make gambling just to have fun with a little hope of winning, that way you deserve to be a professional gambler because playing with a good mood will make winning and luck at least easy to get.

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