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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6964 times)
michellee
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January 02, 2021, 05:42:00 AM
 #901

Professional gamblers can only be classified into those strategic based type of games and it can be quite seen but mostly we do saw wrecked people due to too much gambling.
There are people whom do able to withstand the risk and able to make profits  and still playing nor depending on it on daily basis or to their living.Its not a suggestible thing
for you to make gambling as a main source because instead of making money you will lose instead..It will take sufficient or long time for you to grasp the level of being
profitable in constant basis even lots do see that it is nearly impossible to happen specially in gambling.
People will not see how big their chance to win in the gambling games and they still force themselves to try more. Sooner or later, they will wreck their lives, and if they do not stop playing gambling, they will not survive and get out of the gambling. Maybe those people need to realize that if they can win on the games, they must stop trying to continue or thinking to earn more from gambling before it is too late to realize. If they can do that, they do not have to be a pro gambler because they can make money from gambling without risking too much money and get lost too much money.

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Oneandpure
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January 02, 2021, 07:25:17 AM
 #902

Professional gamblers can only be classified into those strategic based type of games and it can be quite seen but mostly we do saw wrecked people due to too much gambling.
There are people whom do able to withstand the risk and able to make profits  and still playing nor depending on it on daily basis or to their living.Its not a suggestible thing
for you to make gambling as a main source because instead of making money you will lose instead..It will take sufficient or long time for you to grasp the level of being
profitable in constant basis even lots do see that it is nearly impossible to happen specially in gambling.
People will not see how big their chance to win in the gambling games and they still force themselves to try more. Sooner or later, they will wreck their lives, and if they do not stop playing gambling, they will not survive and get out of the gambling. Maybe those people need to realize that if they can win on the games, they must stop trying to continue or thinking to earn more from gambling before it is too late to realize. If they can do that, they do not have to be a pro gambler because they can make money from gambling without risking too much money and get lost too much money.
I think although you have professional label with your gambling there are not guarantee always win when begin gambling, there are only broker could take much profit from gambling game and we always loss when beginning gambling. Should have one way for betting waiting when best time give us lucky because gambling is the way to know lucky or not to get win. Maybe when have chance with lucky we can begin gambling and try with higher amount but if not never wanna try.

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coinriches
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January 02, 2021, 07:38:24 AM
 #903


Pandemic leads to closure of jobs and why not hunt jobs online and not gambling because you think that gambling can't assure you daily profits but jobs can and there's no way to be unbeatable in gambling

It's possible but tough to succeed. There are people who managed to use this venue of activities to live a life, people who dedicate their time in quest of right patterns and skills to win over other gamblers / house if possible.

It's undeniable that this people are existing, some might quitely playing and enjoying while some tries to exposed their life in hope that
someone will be attract and seek for their help.

From this point of view, tipters and so called experts are also getting decent money for selling their picks to those desperate gamblers.

Its not the same as being a professional. For good measure, there are some profession where ppl work their ass off on the job for months on end without being able to find success, but, they're still professionals at what they do. So, getting money or success from an event or action is not what makes it a profession.
For that activity to qualify as a profession it must fulfil some generally accepted principles. Not just money

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Janation
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January 02, 2021, 08:46:43 AM
 #904

Professional gamblers can only be classified into those strategic based type of games and it can be quite seen but mostly we do saw wrecked people due to too much gambling.
There are people whom do able to withstand the risk and able to make profits  and still playing nor depending on it on daily basis or to their living.Its not a suggestible thing
for you to make gambling as a main source because instead of making money you will lose instead..It will take sufficient or long time for you to grasp the level of being
profitable in constant basis even lots do see that it is nearly impossible to happen specially in gambling.
People will not see how big their chance to win in the gambling games and they still force themselves to try more. Sooner or later, they will wreck their lives, and if they do not stop playing gambling, they will not survive and get out of the gambling. Maybe those people need to realize that if they can win on the games, they must stop trying to continue or thinking to earn more from gambling before it is too late to realize. If they can do that, they do not have to be a pro gambler because they can make money from gambling without risking too much money and get lost too much money.
I think although you have professional label with your gambling there are not guarantee always win when begin gambling, there are only broker could take much profit from gambling game and we always loss when beginning gambling. Should have one way for betting waiting when best time give us lucky because gambling is the way to know lucky or not to get win. Maybe when have chance with lucky we can begin gambling and try with higher amount but if not never wanna try.

Professionals also lose.

That doesn't mean that you are professional, you will not lose. There are a lot of gambling professionals that earned a lot of money from gambling but also lost a lot of money from it. A gambler may close the number of their wins to their losses but I don't think there is a professional that is just straight-up "money-well", right? We are talking about gambling here and if this is your profession you should know it is not a consistent profit.
Becky666
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January 02, 2021, 09:26:32 AM
 #905

I don't understand how anyone can live out of gambling
You can use search engines to look for those people that have made it through gambling. A lot of lives were made out of it and professional people used it as a source of income.
That is why they're called professional gamblers.
And the beautiful thing that has happened to most of these professional gamblers is: almost all of them went bankrupt at the end of their lives. Some of us just love reading some part of stories than read the tale end of such stories, even in my dear country many of them i knew went down their lives to bankrupt and end up to commit suicide.

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acquafredda
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January 02, 2021, 09:29:24 AM
 #906

I don't understand how anyone can live out of gambling
You can use search engines to look for those people that have made it through gambling. A lot of lives were made out of it and professional people used it as a source of income.
That is why they're called professional gamblers.
And the beautiful thing that has happened to most of these professional gamblers is: almost all of them went bankrupt at the end of their lives. Some of us just love reading some part of stories than read the tale end of such stories, even in my dear country many of them i knew went down their lives to bankrupt and end up to commit suicide.
Can you imagine how many gamblers have won and lost money throughout history? We’re not just talking about hundreds or even thousands of people. Hundreds of millions of people, probably even billions, have gambled something to try to win.
Almost all of these gamblers have failed. With so many to choose from, making a list of the 10 most successful gamblers in history might sound like a herculean task.
Here it is
https://www.bestuscasinos.org/blog/10-most-successful-gamblers-in-history/
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January 02, 2021, 10:12:09 AM
 #907

~
I guess focusing in sports betting is just the right thing to do, at least you can just stay at home, study the games and analyze it, very fit for the current set up under the covid-19 pandemic.

I would add playing poker to that; playing and, of course, studying how the best current pros are doing it. I'm watching channels like World Poker Tour, partypokerTV and PokerStars on a regular basis, and it works for me. It's really entertaining to learn something from the best, and then apply it in practice. But the keyword is "entertaining" here. I'm not planning to make my living from playing poker. Although I consider poker the most skill based game around, there's still too much luck involved to rely on it as a source of income.

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January 02, 2021, 11:54:21 AM
 #908

~
I guess focusing in sports betting is just the right thing to do, at least you can just stay at home, study the games and analyze it, very fit for the current set up under the covid-19 pandemic.

I would add playing poker to that; playing and, of course, studying how the best current pros are doing it. I'm watching channels like World Poker Tour, partypokerTV and PokerStars on a regular basis, and it works for me. It's really entertaining to learn something from the best, and then apply it in practice. But the keyword is "entertaining" here. I'm not planning to make my living from playing poker. Although I consider poker the most skill based game around, there's still too much luck involved to rely on it as a source of income.

It really depends on how you treat gambling or a certain game, if you don't like to venture on a higher risk, then treating it as an entertainment is more than enough to enjoy and be thrilled in gambling. Poker, yes it's a skilled based games but I think sports betting is easier.

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Mauser
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January 02, 2021, 12:59:04 PM
 #909

~
I guess focusing in sports betting is just the right thing to do, at least you can just stay at home, study the games and analyze it, very fit for the current set up under the covid-19 pandemic.

I would add playing poker to that; playing and, of course, studying how the best current pros are doing it. I'm watching channels like World Poker Tour, partypokerTV and PokerStars on a regular basis, and it works for me. It's really entertaining to learn something from the best, and then apply it in practice. But the keyword is "entertaining" here. I'm not planning to make my living from playing poker. Although I consider poker the most skill based game around, there's still too much luck involved to rely on it as a source of income.

I think you can convert the views from the poker world to the overall market of gambling and betting. In my opinion it's just a different type of sports like football or basketball. There are millions of people playing it, but only a small number of lucky few who can actually make a living of it. For example there is almost in every city in my country a football team, but only the largest cities can afford a full time professional player team. So to make it big in gambling and do so over a long period of time you probably need to be very lucky.
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January 02, 2021, 02:29:48 PM
 #910

~
I guess focusing in sports betting is just the right thing to do, at least you can just stay at home, study the games and analyze it, very fit for the current set up under the covid-19 pandemic.

I would add playing poker to that; playing and, of course, studying how the best current pros are doing it. I'm watching channels like World Poker Tour, partypokerTV and PokerStars on a regular basis, and it works for me. It's really entertaining to learn something from the best, and then apply it in practice. But the keyword is "entertaining" here. I'm not planning to make my living from playing poker. Although I consider poker the most skill based game around, there's still too much luck involved to rely on it as a source of income.

It really depends on how you treat gambling or a certain game, if you don't like to venture on a higher risk, then treating it as an entertainment is more than enough to enjoy and be thrilled in gambling. Poker, yes it's a skilled based games but I think sports betting is easier.

I feel that I don't have good gambling skills, making gambling as entertainment is more than enough. I also agree with you that sports
betting is indeed easier than poker games, where Poker does require skill to win. Therefore, currently in a pandemic situation and I'm doing
many activities at home, it is most suitable for me to focus on sports betting. Besides being able to entertain, I can get additional income
if I'm lucky that the betting results are correct.

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January 02, 2021, 02:38:13 PM
 #911

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.

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ice098
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January 02, 2021, 02:47:42 PM
 #912

~
I guess focusing in sports betting is just the right thing to do, at least you can just stay at home, study the games and analyze it, very fit for the current set up under the covid-19 pandemic.

I feel that I don't have good gambling skills, making gambling as entertainment is more than enough. I also agree with you that sports
betting is indeed easier than poker games, where Poker does require skill to win. Therefore, currently in a pandemic situation and I'm doing
many activities at home, it is most suitable for me to focus on sports betting. Besides being able to entertain, I can get additional income
if I'm lucky that the betting results are correct.

I bet that every new gambler feel the same way as what you have feel mate but how can we make a progress in gambling if we wouldn't tried it right. And yeah, gambling were supposed to be done enjoyable and entertaining rather than take it very seriously aiming to get a profit easily because this isn't follow what your will was if it isn't your luck then it couldn't be yours. However there are some people also that i guess gambling was meant for them because they easily learned the tactics that fit on them and some are just born with luck on their body i guess.
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January 02, 2021, 05:08:38 PM
 #913

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.
Yeah it's very difficult to find someone who used to feed solely on gambling as a source of income, but there are some that have proved exceptional from this list https://www.bestuscasinos.org/blog/10-most-successful-gamblers-in-history/. Although it's very hard to make profit in gambling world but there are those who have the necessary skills for this industry and they are making cool funds from their skills here.
People in that list also can be considered as most luckiest one, and we can see that some people had other profession before entering into gambling so once they made huge profits they saved enough for their survival and started betting with the remaining but still they kept winning more amount than they lost.

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January 02, 2021, 06:10:43 PM
 #914

I don't understand how anyone can live out of gambling
You can use search engines to look for those people that have made it through gambling. A lot of lives were made out of it and professional people used it as a source of income.
That is why they're called professional gamblers.
And the beautiful thing that has happened to most of these professional gamblers is: almost all of them went bankrupt at the end of their lives. Some of us just love reading some part of stories than read the tale end of such stories, even in my dear country many of them i knew went down their lives to bankrupt and end up to commit suicide.
I can't say that almost all of them.

There were gamblers that have lived in better ways and didn't waste the money that they've won through their career. It is true that some of them don't know how to finance themselves.

But some are good at managing and budgeting their money.

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January 02, 2021, 09:30:39 PM
 #915

People in that list also can be considered as most luckiest one, and we can see that some people had other profession before entering into gambling so once they made huge profits they saved enough for their survival and started betting with the remaining but still they kept winning more amount than they lost.
You can consider the people in the list as the most luckiest gamblers since luck is needed to win every stake but I see them as the most hard working gamblers because they were able to fetch out a strategy that makes the won an outstanding amount in history which make people see them as the most successful gamblers.
Having said that, there are people who still live out of gambling though.

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January 02, 2021, 10:27:45 PM
 #916

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.

The funny fact is that, given that there are millions of active gamblers in the world, some of them win almost always (and some almost always lose). I wonder how this affects the human psyche when he wins, for example, 100 times in a row. It is unlikely that there is an understanding that this is just a mathematical fluctuation in a large sample. Probably a person begins to consider himself a prophet, etc. but once the winning streak ends  Cheesy

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January 02, 2021, 10:36:58 PM
 #917

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.

The funny fact is that, given that there are millions of active gamblers in the world, some of them win almost always (and some almost always lose). I wonder how this affects the human psyche when he wins, for example, 100 times in a row. It is unlikely that there is an understanding that this is just a mathematical fluctuation in a large sample. Probably a person begins to consider himself a prophet, etc. but once the winning streak ends  Cheesy

100x in a row? Even in dreams this thing wont really happen even putting up the odds to 99% multiplier then it isnt possible for it to happen.
People who do make out profits  are to those people who do get involved with gambling games which do solely focused on strategic based type of games.
Of course, gambling do have more lossers than to those winners because this industry wont really be profitable if there are more winners than losers.
For people who do make a living with it then they are lucky enough and experienced and knowledgeable enough and not all would able to do this.

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January 02, 2021, 11:13:49 PM
 #918

Millions of people gamble each day and there would definitely be people who solely live on gambling income but I think the amount of such people will be very few.
It would be very hard for people to live on gambling income though. The income would be very unstable as some day we win and the other days we lose.
Unstable income is quite risky to depend on.

The funny fact is that, given that there are millions of active gamblers in the world, some of them win almost always (and some almost always lose). I wonder how this affects the human psyche when he wins, for example, 100 times in a row. It is unlikely that there is an understanding that this is just a mathematical fluctuation in a large sample. Probably a person begins to consider himself a prophet, etc. but once the winning streak ends  Cheesy

100x in a row? Even in dreams this thing wont really happen even putting up the odds to 99% multiplier then it isnt possible for it to happen.
People who do make out profits  are to those people who do get involved with gambling games which do solely focused on strategic based type of games.
Of course, gambling do have more lossers than to those winners because this industry wont really be profitable if there are more winners than losers.
For people who do make a living with it then they are lucky enough and experienced and knowledgeable enough and not all would able to do this.

I'd be happy to win 10th in a row, 100 in a row is just impossible, even a losing streak, it's almost impossible. Let's get more realistic, winning and losing, that's normal, I guess what's necessary here is we win most of the time or we win more than we lose so at the end of our journey it will result to a good profit.

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January 02, 2021, 11:26:30 PM
 #919

The funny fact is that, given that there are millions of active gamblers in the world, some of them win almost always (and some almost always lose). I wonder how this affects the human psyche when he wins, for example, 100 times in a row. It is unlikely that there is an understanding that this is just a mathematical fluctuation in a large sample. Probably a person begins to consider himself a prophet, etc. but once the winning streak ends  Cheesy

100x in a row? Even in dreams this thing wont really happen even putting up the odds to 99% multiplier then it isnt possible for it to happen.
People who do make out profits  are to those people who do get involved with gambling games which do solely focused on strategic based type of games.
Of course, gambling do have more lossers than to those winners because this industry wont really be profitable if there are more winners than losers.
For people who do make a living with it then they are lucky enough and experienced and knowledgeable enough and not all would able to do this.

This is a mathematical fact. Let's speculate:
On average, in order for us to have one winner and one loser, we need 2 people who bet on the event with an approximate probability of 50%.
If we are considering a series of bets (two), then we need 4 people already. On average, one person will have a result of 11, the second 10, the third 01, the fourth 00.
In order to "find" a person with 100 wins in a row, we need unimaginable number of players 2^100  Grin
But as the odds increase, the number of players required drops to real values. And by the way, with 99% chances, one player and a long series of bets are enough.

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January 03, 2021, 04:36:36 AM
 #920

I think although you have professional label with your gambling there are not guarantee always win when begin gambling, there are only broker could take much profit from gambling game and we always loss when beginning gambling. Should have one way for betting waiting when best time give us lucky because gambling is the way to know lucky or not to get win. Maybe when have chance with lucky we can begin gambling and try with higher amount but if not never wanna try.
The professional gambler loses their money in gambling, but their chance to recover their losses will be bigger than the regular gambler because they have a requirement to make money from gambling. But yes, the broker will take much profit from gambling, whether it is a professional gambler or a regular gambler, because the gambling will give the biggest profit to the owner. There is no way for us to know when our luck will come because that is the biggest mystery we do not know.

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