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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6920 times)
traderethereum
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December 30, 2020, 09:16:24 AM
 #861

Bet amount highly depends on the opponents your are facing so if it is contest then probably most skilled players all around the world will join if the rewards are in millions. Professional players do simple table rarely and just for fun in my experience.
If we want to join those events, we need to know how good our skills, and if we do not have good skills like them, we do not have to join them.
It is better to watch the events while we can learn their technique or strategy that may be useful for us, so we can modify the strategy that can be used for ourselves.
Sometimes, the pro players will spend their time to play for fun without thinking about the money.
Maybe at that time, they will teach some people to help them to improve their skills.
But I am sure that the pro players can make money from gambling and live from gambling.

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December 30, 2020, 09:22:19 AM
 #862

Besides professional pokers, I know some one in our neighbourhood that truly relies on gambling (cock-fighting) as his source of income. I know this for a fact because he is the father of my best friend. I grow up with his family and know this personally. And all of them are professional know, finished their college and a degree holder and employed to, you wouldn't believe it, a casino, how ironic...
This is really possible, the amount of bet in cock-fighting is so big so you can also win a lot of profit from it. In our country cockfighting is so trendy, some so many people used to watch and bet when there is a cock-fighting but this is still illegal and they have to find a secret place wherein they couldn't find it by authorities. I amaze the father of your friend wherein he managed to sustain their lives by just relying on that kind of gambling, that is a risky thing but he became successful with that.

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December 30, 2020, 12:03:43 PM
 #863

Besides professional pokers, I know some one in our neighbourhood that truly relies on gambling (cock-fighting) as his source of income. I know this for a fact because he is the father of my best friend. I grow up with his family and know this personally. And all of them are professional know, finished their college and a degree holder and employed to, you wouldn't believe it, a casino, how ironic...
This is really possible, the amount of bet in cock-fighting is so big so you can also win a lot of profit from it. In our country cockfighting is so trendy, some so many people used to watch and bet when there is a cock-fighting but this is still illegal and they have to find a secret place wherein they couldn't find it by authorities. I amaze the father of your friend wherein he managed to sustain their lives by just relying on that kind of gambling, that is a risky thing but he became successful with that.

There is this kind of discreet admiration that I always give to those who made gambling their profession and was able to sustain their life with it. I mean it take guts, a whole lot of guts for people to pull off a lifestyle that is funded by their profits in gambling. I myself was only able to do gambling as a profession for only a short time and made an effort to buy other assets that I can use to earn a living. I don't want gambling as my source of income and simply do it to revisit my poker skills.

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December 30, 2020, 06:03:35 PM
 #864

Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work  Wink
Many had suffered losses while only a few make a win, that is the reality in gambling. Some make gambling as their living because they know themselves that they certainly make it. I ain't do it of course if I only lose in gambling, why I should have to stay neither?

I'm not going to wonder why some people make this gambling as their source of income is probably they are good at gambling. Only a lucky person can have this and the majority don't have it. And even I have those skills and luck, I don't still have to rely on luck but to find security and passive income out from gambling.
If you take poker as an example, poker players need to be real strategist. Luck can be on your side but the nerves and the guts required to play poker at those levels are something very uncommon. For this reason, a few great players earn tons of money while basically gambling.
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December 30, 2020, 07:25:15 PM
 #865

There are many contests available for the poker players all around the world so they can make decent money if they are skilled enough but the reality is not everyone who take part in it is winning it even though they are equal in the skill level so luck played a part in their profession gambling life as well.
Aside from tournaments and contests, they can just join a simple table without having the contest and tournaments.

There are regular tables where these professionally skilled poker players can join for them to make some money. They have communities too and they can easily play through online or physically.

But this time, playing physically isn't advised because of the pandemic.
Bet amount highly depends on the opponents your are facing so if it is contest then probably most skilled players all around the world will join if the rewards are in millions. Professional players do simple table rarely and just for fun in my experience.
Simple tables are not just for fun.

I've known those type of tables that happens in one's house and there's also a huge stake that happens. It's a private table and only happens if you have connection and there are regular players who would organize to have one.

Professional or not, those private tables that happens in a secret place do happens.

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December 30, 2020, 11:41:33 PM
 #866

-snip-
Probably it is only done by a professional gambler. Because generally, if they are only playing gambling for life, and they are not experienced enough, they will lose more than win. Many people around me play gambling and they do not get anything. They precisely sell their wealth for this gambling addiction and they got nothing This is a very bad gambling problem around us in society.

S for me, gambling as a way to live their life is only done by professional gamblers with experiences and also in a certain casino.


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December 30, 2020, 11:54:01 PM
 #867

Worthy qoura post that should really be read up about living via gambling earnings.

https://www.quora.com/Can-you-make-a-living-from-gambling
https://www.quora.com/Are-there-people-who-actually-make-a-living-gambling

Making it as a profession? Most people fail but once you do get it then its a considerable one.

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December 31, 2020, 12:34:25 AM
 #868

Worthy qoura post that should really be read up about living via gambling earnings.

https://www.quora.com/Can-you-make-a-living-from-gambling
https://www.quora.com/Are-there-people-who-actually-make-a-living-gambling

Making it as a profession? Most people fail but once you do get it then its a considerable one.

I like this post from this article coming from a former pro poker player
Quote
3) Determine how you’re going to structure your gaming (note: NOT gambling) finances. It’s your employment now, and much like if you owned a small business, you should be able to draw a salary from it but you should NOT just have all of your home/work finances co-mingled. You cannot “have a bad week” and dip into your funds for mortgage/rent, food, car payment, childcare, etc.

If you are going to treat it as work you  should first control your emotion, and you must know how to segregate personal or family funds to your gambling funds, this is for me hard to do and you cannot become a good gambler or make gambling your work if you do not have control in managing your finances.

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December 31, 2020, 01:25:21 AM
 #869



There is this kind of discreet admiration that I always give to those who made gambling their profession and was able to sustain their life with it. I mean it take guts, a whole lot of guts for people to pull off a lifestyle that is funded by their profits in gambling. I myself was only able to do gambling as a profession for only a short time and made an effort to buy other assets that I can use to earn a living. I don't want gambling as my source of income and simply do it to revisit my poker skills.
I had a Negative impression to those people that engaged more in gambling than Real life business or Job because i felt like they are lazy people , and only relying in One time Big time.

But Knowing people that Lives and support their family from the wins they have in gambling ? i pay more respect because those people are the Most disciplined and Focus Human in the world.

We knew What gambling can Give to us, this will change our view in life and our Plans mostly comes taken easy , So to Survive in gambling alone ?this is full of dedication and determination ,and also full of Self Discipline , So Salute to those individual that sustain their lives until forever only by gambling.

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December 31, 2020, 03:54:53 AM
 #870

If you are going to treat it as work you  should first control your emotion, and you must know how to segregate personal or family funds to your gambling funds, this is for me hard to do and you cannot become a good gambler or make gambling your work if you do not have control in managing your finances.

I don't think that it will be easy to manage emotion on gambling as we know that win and loss can make someone lose his emotion and spend more money to gamble. If someone is losing his emotion, he may be using his family funds because that is what he can do to recover his losses. It is hard to use gambling as work, but I guess out there, some people can use gambling as their profession, and they really make money from gambling. We need to realize how we must treat gambling as entertainment and not using gambling as work.

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December 31, 2020, 06:27:38 AM
 #871

I don't think that it will be easy to manage emotion on gambling as we know that win and loss can make someone lose his emotion and spend more money to gamble. If someone is losing his emotion, he may be using his family funds because that is what he can do to recover his losses. It is hard to use gambling as work, but I guess out there, some people can use gambling as their profession, and they really make money from gambling. We need to realize how we must treat gambling as entertainment and not using gambling as work.

But it is possible to live through gambling, there are people who somehow built an experience in different gambling games, with the experience they have, they can try to offer some tips and tricks with a subscription in order for others to learn from their tips. They can also apply these learnings to increase their chance of winning such as applying some betting strategies. Going back, gambling as a profession will just be possible not for the gambler to play 100% but to teach and share his knowledge and make profits from it.
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December 31, 2020, 08:53:20 AM
 #872

Worthy qoura post that should really be read up about living via gambling earnings.

https://www.quora.com/Can-you-make-a-living-from-gambling
https://www.quora.com/Are-there-people-who-actually-make-a-living-gambling

Making it as a profession? Most people fail but once you do get it then its a considerable one.

I like this post from this article coming from a former pro poker player
Quote
3) Determine how you’re going to structure your gaming (note: NOT gambling) finances. It’s your employment now, and much like if you owned a small business, you should be able to draw a salary from it but you should NOT just have all of your home/work finances co-mingled. You cannot “have a bad week” and dip into your funds for mortgage/rent, food, car payment, childcare, etc.

If you are going to treat it as work you  should first control your emotion, and you must know how to segregate personal or family funds to your gambling funds, this is for me hard to do and you cannot become a good gambler or make gambling your work if you do not have control in managing your finances.
Exactly what I have been writing on this thread for days. Professional poker is not for everyone, just try your luck when you gamble but do not think you can earn a living out of it or you will be tremendously disappointed.
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December 31, 2020, 11:35:24 AM
 #873

Based on my experience, I know one of my chinese uncle are living as a gambler day and night that most of his source of income are from gambling in a real casino. But later on, my uncle got bankrupt that he had to sell his car to pay his debts in the casino. This gives me a lesson that it is possible for you to earn a considerable amount of profit in gambling and use it for your daily needs, but not in the long term because it is impossible for you to have steady winnings everyday.

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December 31, 2020, 01:54:21 PM
 #874

There are really people that gambling is their profession. They are not just ordinary gamblers, they have the proper discipline and mindset when they are having a losing streaks in gambling. They are not just someone who is addicted into gambling, they are wealthy enough to treat gambling as a career.
Yeah, some people consider gambling as their profession because that is their source of income but you know what gambling is not. profession so you cannot tell it in that way, those who live in gambling are those who already master the gambling, it is hard only to rely on your income in gambling because that is risky, there is no assurance that you can win on it. Those gamblers who can call gambler addicts are those who cannot control themselves while gambling.

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December 31, 2020, 03:51:06 PM
 #875

Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work  Wink
Many had suffered losses while only a few make a win, that is the reality in gambling. Some make gambling as their living because they know themselves that they certainly make it. I ain't do it of course if I only lose in gambling, why I should have to stay neither?

I'm not going to wonder why some people make this gambling as their source of income is probably they are good at gambling. Only a lucky person can have this and the majority don't have it. And even I have those skills and luck, I don't still have to rely on luck but to find security and passive income out from gambling.
If you take poker as an example, poker players need to be real strategist. Luck can be on your side but the nerves and the guts required to play poker at those levels are something very uncommon. For this reason, a few great players earn tons of money while basically gambling.

Many believe that in poker there are simply winners and losers in strategy. The winners tend to get the money of the losers and continue playing in the same joint until they have beaten all the small fishes and no new poker players will join and start playing. Once the small fishes are gone, then the winners will then play against each other and will try to outwit each other, that eventually only a few will come out as winners. The professional gambler is really the one who wins and at the same time able to handle money so well that they can live even if the lose most of their money.

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Xinarae*
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December 31, 2020, 03:53:27 PM
 #876

Many people gamble as a means of entertainment and many as a profession but you can never benefit from gambling if you do not know the gaming strategy no matter how you play. In addition to your skills you need to analyze the betting sites in the market. Making money here is not a job just play and have fun and rest. In other words income from playing. In the case of any trader the same business may leave him bored year after year but in the casino environment he can get a taste of innovation in a variety of games from day to day.
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December 31, 2020, 06:37:39 PM
 #877

I've came across an article online written by a gambler whom was pointing out to himself as a professional gambler/bettor and it is clearly possible to be like him if you accept to take the risk. I'm not a gambler, even if i'm sometimes doing it for fun and not spending these profits on real life things, i might just buy gift cards with them or something like that but people in Las vegas for example made millions out of poker, football and dice betting which includes a huge risk pourcentage.
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December 31, 2020, 08:40:16 PM
 #878

There are really people that gambling is their profession. They are not just ordinary gamblers, they have the proper discipline and mindset when they are having a losing streaks in gambling. They are not just someone who is addicted into gambling, they are wealthy enough to treat gambling as a career.
Yeah, some people consider gambling as their profession because that is their source of income but you know what gambling is not. profession so you cannot tell it in that way, those who live in gambling are those who already master the gambling, it is hard only to rely on your income in gambling because that is risky, there is no assurance that you can win on it. Those gamblers who can call gambler addicts are those who cannot control themselves while gambling.
They're called professionals because they have a lot of experience in gambling that can make them profit and live by it. This is their profession because they're very skilled and very tactical in different gambling games. Professional gamblers are not very easy to deal with it because they're full of experience and can outplay you anytime by using even a psychological act that will confuse the opponent. Gambling addicts are different from professional gamblers, there are some points that they're also addicts but defeats and such are nothing to them as they experience it already for how many times.
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December 31, 2020, 10:55:18 PM
 #879

I've came across an article online written by a gambler whom was pointing out to himself as a professional gambler/bettor and it is clearly possible to be like him if you accept to take the risk. I'm not a gambler, even if i'm sometimes doing it for fun and not spending these profits on real life things, i might just buy gift cards with them or something like that but people in Las vegas for example made millions out of poker, football and dice betting which includes a huge risk pourcentage.
He can be your motivator and his achievements might give inspiration to others, even you. But if you are afraid to take the risk and follow what he does, no, it won't make it possible at your ends, it will just a dream of becoming like him in the future. Successful gamblers have their own goal, they are not just having fun but they are forcing themselves to reach their target just like in business (that is also gambling).

And it is because you can't afford to challenge yourself into taking high-risk, you can't also expect that you can win those millions in the gambling.
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January 01, 2021, 01:26:45 AM
 #880

~snip~

But it is possible to live through gambling, there are people who somehow built an experience in different gambling games, with the experience they have, they can try to offer some tips and tricks with a subscription in order for others to learn from their tips. They can also apply these learnings to increase their chance of winning such as applying some betting strategies. Going back, gambling as a profession will just be possible not for the gambler to play 100% but to teach and share his knowledge and make profits from it.

Yes, it is possible. I am sure that some people can live through gambling, and with their experience, they can win the games and get the money. Perhaps, they have the experience, skills, and luck to have the chance to win. But if other people trying to follow their steps, that will not easy as they need to have those things, but they will have a chance to lose their money. If people tell you that he can help you become a pro gambler and teach you and share his knowledge, you better not 100% believe because his knowledge will be different from else, and you will hard to apply his lesson.

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