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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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September 21, 2019, 08:51:37 PM
 #301

It is all about the interest on one field, if the person is wishing to have gambling as their passionate job then they need to cultivate them to be good gambler and make money out of that with his or her strategy.
Mostly people not getting that luck factors works on their side, if there is the best way to make money in gambling means such gamblers may reveal that to us.

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September 21, 2019, 10:40:33 PM
 #302

snip~
Gambler professionals are not poor they have other businesses elsewhere. and doubling their money in a unique way and they believe they can double it. but if you risk all the money and only hope with luck I think it is not worth emulating and not the least that ends in losing everything.
a healthy gambler is a gambler who has another business,
and healthy business people are not addicted to gambling, they know when to gamble, and when to stop,
My ex-boss is a gambler, once a month he goes to Macau just to play gambling,
he said "gambling is my side profession", he is not greedy and able to control himself,
when running out of capital at the gambling table he will stop and not force it to have to sell assets.



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September 22, 2019, 12:32:21 PM
 #303

It is all about the interest on one field, if the person is wishing to have gambling as their passionate job then they need to cultivate them to be good gambler and make money out of that with his or her strategy.
Mostly people not getting that luck factors works on their side, if there is the best way to make money in gambling means such gamblers may reveal that to us.


Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.


snip~
Gambler professionals are not poor they have other businesses elsewhere. and doubling their money in a unique way and they believe they can double it. but if you risk all the money and only hope with luck I think it is not worth emulating and not the least that ends in losing everything.
a healthy gambler is a gambler who has another business,
and healthy business people are not addicted to gambling, they know when to gamble, and when to stop,
My ex-boss is a gambler, once a month he goes to Macau just to play gambling,
he said "gambling is my side profession", he is not greedy and able to control himself,
when running out of capital at the gambling table he will stop and not force it to have to sell assets.


I would suggest that a healthier businessman is the one who plays gambling part time and not the other way around. If you play and take gambling as your main job or business then you are not doing good with yourself. You should find a better reliable way to earn consistent income.

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September 22, 2019, 06:19:35 PM
 #304

Of course, there are people who earn their living professionally from gambling. They know math, game theory, probability laws and other sciences well. This kind of income is not available to everyone and he who earns money in this way does not share his secrets with other people.

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September 22, 2019, 08:17:43 PM
 #305

Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.
It's never been a job but there are people who really depend on it.

The situation is that they are already wealthy and the profit that they'll get with gambling is just a plus.



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September 23, 2019, 02:38:34 AM
 #306

Of course, there are people who earn their living professionally from gambling. They know math, game theory, probability laws and other sciences well. This kind of income is not available to everyone and he who earns money in this way does not share his secrets with other people.
That will be only a few people who can earn money from gambling, and as you say, they know the most things of gambling so they can win every round in the gambling games.
If other gamblers follow their way to make gambling as a way to make money, they will difficult because they don't have more knowledge as that person.
Gambling can be a profession, but it is not for all of the gamblers.
It will need more than skills to be the pro gamblers, and the risk is too big to imagine because we can lose everything we have to be a pro gambler.
We never realize how hard to be a gambler, and we all want to get a win in the gambling.
But for me, I never think that gamblers as the way to make money, I don't think that gambler is a profession because we need money to make more money.
I don't think that is right to do because I am sure that in out there, we will have another profession that will have less risk than gambling.

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September 23, 2019, 04:30:44 AM
 #307

Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.
It's never been a job but there are people who really depend on it.

The situation is that they are already wealthy and the profit that they'll get with gambling is just a plus.
It is easy to manifest from this venue if you have a good source of funding since you are not worrying with your losses and you can think clearer to set your strategy to favor your bets. If you have sets of plans and you are ready taking the risk and work on without any fear it can give you much better results. Continuing getting good outcome will be a reason to make this place to be profitable professions.

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September 23, 2019, 04:40:40 AM
 #308

One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.
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September 23, 2019, 05:24:52 AM
 #309

One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.
You should not do that if you want to make a living in gambling.
Being greedy is being too emotional or unrealistic, you won't be able to be stable in the long run with that weak control of your emotion.

Well, maybe people somehow are greedy as we want more, but we need to ensure we have a strategy employed while we are gambling and has to make it's a working one so it will give us success in the long run because only those who are consistent in winning are going to be successful in gambling.
In reality, majority of us are losers and although that reality is does not favor us but being successful is not impossible to achieve.

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September 23, 2019, 07:04:15 AM
 #310

One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.

In theory all gamblers start this way and they think that they will not fall victim of greed.Then they start to gamble more and more to recoup the lost amount of money which ultimately leads to greed and 99% of the gamblers are destroyed emotionally speaking.The remaining 1% are those who are making a living from gambling.

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September 23, 2019, 07:35:38 AM
 #311

One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.

In theory all gamblers start this way and they think that they will not fall victim of greed.Then they start to gamble more and more to recoup the lost amount of money which ultimately leads to greed and 99% of the gamblers are destroyed emotionally speaking.The remaining 1% are those who are making a living from gambling.

Not just greed. Gambling is consider as addiction, and when you are into this to deep one thing follows another. Probably most of them are addicted to something else I think when they got gambling addiction they have some other to. Been in some gambling casinos and people are winning they get drink and everything else, when they lose they do the same. personally never seen professional gambler and really dont know how they live and what they do, maybe they just get up read papers and play bets.
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September 23, 2019, 07:41:48 AM
 #312

The remaining 1% are those who are making a living from gambling.
That's means gambling industry are so rich because they take the 99% chance of making money compared to only 1% of their gamblers who make a living in gambling. I don't know what percentage exactly but I do believe it's possible to make a living in gambling and 1% is just too small, maybe like 5%, but like I said, I really don't know because I myself is not making a living in gambling although in the past I tried to find ways to make it possible, but failed.

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September 23, 2019, 08:24:53 AM
 #313

The remaining 1% are those who are making a living from gambling.
That's means gambling industry are so rich because they take the 99% chance of making money compared to only 1% of their gamblers who make a living in gambling. I don't know what percentage exactly but I do believe it's possible to make a living in gambling and 1% is just too small, maybe like 5%, but like I said, I really don't know because I myself is not making a living in gambling although in the past I tried to find ways to make it possible, but failed.
Its hard to determine the rate, but it's easy to determine who really are making profit in gambling, and it's non other than the gambling operators.
Aiming to make gambling as a living is a hard job, maybe the hardest kind of job in this world as we know that majority of the gamblers loses over time.

If we have enough capital, maybe the easiest way to make a living in gambling is just to start our own casino or gambling sites.

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September 23, 2019, 11:18:46 AM
 #314

One major thing that has always ruined gamblers is greed.
Greed is part of human nature so it's expected that most of the gamblers has that attitude but it will only matter on how each of us can control it. And with gambling, it's all easy money so those who found fortune with it are looking to it as a profession.

The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.
Right, it's about the control and goal setting. Also the same in trading, it's okay to stop loss if it is needed.

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September 23, 2019, 12:51:51 PM
 #315

The remaining 1% are those who are making a living from gambling.
That's means gambling industry are so rich because they take the 99% chance of making money compared to only 1% of their gamblers who make a living in gambling. I don't know what percentage exactly but I do believe it's possible to make a living in gambling and 1% is just too small, maybe like 5%, but like I said, I really don't know because I myself is not making a living in gambling although in the past I tried to find ways to make it possible, but failed.
Its hard to determine the rate, but it's easy to determine who really are making profit in gambling, and it's non other than the gambling operators.
Aiming to make gambling as a living is a hard job, maybe the hardest kind of job in this world as we know that majority of the gamblers loses over time.

If we have enough capital, maybe the easiest way to make a living in gambling is just to start our own casino or gambling sites.

For me gambling is not too difficult when compared to a businessman, because gambling is just sitting and looking monitor. The hardest thing in gambling is to keep yourself from being greedy, most gamblers fail here. Indeed, not greedy does not guarantee we will win gambling but it is beginning of win, because gambling is not just a matter of that, but our experience in playing.

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September 23, 2019, 02:32:57 PM
 #316

Statement is true. There are people who live out of this, but for what cost.

Making money as a professional gambler is not easy. Some rules need to be followed, like need to be better than your opponents, minimise big losses and maximise gains. Also You need a good deal of practice in order to build the right level of skill needed to start off a gambling career (this may be tricky cuz it depends from type of game you want to be professional).

It is worth noting that you simply can't become professional in many games, such as dice, slots, roulette, minesweeper, plinko, and also maybe some others. Some people believe that sports betting is skill based, and almost everyone agrees that poker is more about skills than about luck, and yet it is not clear what exactly you should learn to play poker better.

I write this because I know that there are people who think that even for dice and slots you need a lot of practice to be a professional in these games, while, in fact, even in poker most can achieve little with practice.

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September 23, 2019, 02:58:44 PM
 #317

Yes, there are some of my friends who make money from playing gambling and it is proven, but not always looking for income from gambling is profitable but luck is always there and most importantly mastering how to play it will minimize defeat.
I also do not understand my friend because after receiving defeat in the near future will get a victory.

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September 23, 2019, 10:42:54 PM
 #318

Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.
It's never been a job but there are people who really depend on it.

The situation is that they are already wealthy and the profit that they'll get with gambling is just a plus.
It is easy to manifest from this venue if you have a good source of funding since you are not worrying with your losses and you can think clearer to set your strategy to favor your bets. If you have sets of plans and you are ready taking the risk and work on without any fear it can give you much better results. Continuing getting good outcome will be a reason to make this place to be profitable professions.
Exactly, as long as you have multiple sources and losing while you gamble is just a small thing to you but if it goes more than what you are earning with the other sources you have.

The problem will start there.



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Rainbot
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September 23, 2019, 10:52:05 PM
 #319

For me gambling is not too difficult when compared to a businessman, because gambling is just sitting and looking monitor. The hardest thing in gambling is to keep yourself from being greedy, most gamblers fail here. Indeed, not greedy does not guarantee we will win gambling but it is beginning of win, because gambling is not just a matter of that, but our experience in playing.
What you are trying to say here is how it's done, of course it's easy and we can even have more fun doing it, however, we are not discussing that, what we are discussing here is, is it possible to make it as a profession and make a living out of it? the answer is obviously no for majority of gamblers as majority are losers, they can enjoy but they cannot win because it's the gambling sites that are doing that consistently since their system is design to gave them edge everytime.

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September 24, 2019, 02:11:46 AM
 #320

Yes, there are some of my friends who make money from playing gambling and it is proven, but not always looking for income from gambling is profitable but luck is always there and most importantly mastering how to play it will minimize defeat.
I also do not understand my friend because after receiving defeat in the near future will get a victory.

I am sure your friends was a lucky person in gambling because he can make money from playing gambling. But I wonder how long he can get a win in gambling because we know that when we play gambling, we need the luck to win and luck will not come to the wrong person. My friend gets the same thing as your friend, but he plays a card to make money, but I am not sure that he can make a living from playing a card because he never tells me about how much his win money.

But I believe that someone can master the card games so he can always win. But for the other gambling games, I don't know because I think the other games will still need the luck to win. Perhaps, in sports, betting can be other gambling games that we can use to make money for living.
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