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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6967 times)
tyz
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January 07, 2021, 09:45:13 PM
 #981

The thing is, all I'm putting in is money that I really don't need. That means, the money for life and my fixed savings rate is already factored out. The money that I lose (although I often win more than I lose, especially when betting), I book under having fun. Of course you can later think, oh what money could I have saved if I hadn't used it for gambling. But as I said, it was used to have fun. Just like when you go to the cinema or the disco. In the end you don't ask yourself what I could have saved if I had never gone to the cinema or the disco.
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January 07, 2021, 09:45:23 PM
 #982

There are people, and my situation is different. This is what happening with my gambling life. I gamble, endup losing feel for the loss. On account of the same I take a break. After specific time interval our mind will gain the strength to overcome the previous loss. This will make me go for it once again. By this time I make myself strong and come up with different tricks and stats. Everything goes away in no time, finally everything takes place same as the previous time.

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January 08, 2021, 02:47:52 AM
 #983

There are people, and my situation is different. This is what happening with my gambling life. I gamble, endup losing feel for the loss. On account of the same I take a break. After specific time interval our mind will gain the strength to overcome the previous loss. This will make me go for it once again. By this time I make myself strong and come up with different tricks and stats. Everything goes away in no time, finally everything takes place same as the previous time.

When you want to try to gamble again, you should have control over yourself, so you don't have to end up losing all of the money. We should prevent that big loss, and if necessary, we can play gambling using a small amount without risking too big money to gamble. Yes, everything will go away if we losing control, and that can impact our money in a short time. Never try hard to gamble, but just try to enjoy the game, so your mind will not think about trying to winning the game.

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January 08, 2021, 12:23:11 PM
 #984

The thing is, all I'm putting in is money that I really don't need. That means, the money for life and my fixed savings rate is already factored out. The money that I lose (although I often win more than I lose, especially when betting), I book under having fun. Of course you can later think, oh what money could I have saved if I hadn't used it for gambling. But as I said, it was used to have fun. Just like when you go to the cinema or the disco. In the end you don't ask yourself what I could have saved if I had never gone to the cinema or the disco.

This is the best approach to gambling, imo, and I'm using it too. There are people, film critics, who are paid for watching movies, but this profession is very rare, and it's safe to say that 99.99% of us, regular movie goers watch films for entertainment purposes, not to earn money with that. And that's how I see professional gamblers, they are like those film critics, people of very rare occupation. For us, regular folks, it's pretty stupid to think that we can be like them.

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Jemzx00
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January 08, 2021, 07:20:27 PM
 #985

There are people, and my situation is different. This is what happening with my gambling life. I gamble, endup losing feel for the loss. On account of the same I take a break. After specific time interval our mind will gain the strength to overcome the previous loss. This will make me go for it once again. By this time I make myself strong and come up with different tricks and stats. Everything goes away in no time, finally everything takes place same as the previous time.

When you want to try to gamble again, you should have control over yourself, so you don't have to end up losing all of the money. We should prevent that big loss, and if necessary, we can play gambling using a small amount without risking too big money to gamble. Yes, everything will go away if we losing control, and that can impact our money in a short time. Never try hard to gamble, but just try to enjoy the game, so your mind will not think about trying to winning the game.
Having control over yourself is one of the key aspect that every gambler should have so that you can play safe on every bets you made but gambling just for fun and gambling as profession can be rarely be connected as you should have enough knowledge and analyze the platform when gambling professionally and not be careless. But if you enjoy the process of analyzing the pattern and inconsistencies of the platform then gambling professionally while having fun is suited for you.

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January 08, 2021, 07:24:04 PM
 #986

There are people, and my situation is different. This is what happening with my gambling life. I gamble, endup losing feel for the loss. On account of the same I take a break. After specific time interval our mind will gain the strength to overcome the previous loss. This will make me go for it once again. By this time I make myself strong and come up with different tricks and stats. Everything goes away in no time, finally everything takes place same as the previous time.

When you want to try to gamble again, you should have control over yourself, so you don't have to end up losing all of the money. We should prevent that big loss, and if necessary, we can play gambling using a small amount without risking too big money to gamble. Yes, everything will go away if we losing control, and that can impact our money in a short time. Never try hard to gamble, but just try to enjoy the game, so your mind will not think about trying to winning the game.
Having control over yourself is one of the key aspect that every gambler should have so that you can play safe on every bets you made but gambling just for fun and gambling as profession can be rarely be connected as you should have enough knowledge and analyze the platform when gambling professionally and not be careless. But if you enjoy the process of analyzing the pattern and inconsistencies of the platform then gambling professionally while having fun is suited for you.


This applies to trading as well. The moment you let the greed take control it fucks you up. I know it from experience. Either when trading or when gambling you need steel like nerves and act like a damn computer without any emotions. This is how successful traders/gamblers act. You shouldn't let anybody affect your emotions.

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January 08, 2021, 07:30:07 PM
 #987

There are people, and my situation is different. This is what happening with my gambling life. I gamble, endup losing feel for the loss. On account of the same I take a break. After specific time interval our mind will gain the strength to overcome the previous loss. This will make me go for it once again. By this time I make myself strong and come up with different tricks and stats. Everything goes away in no time, finally everything takes place same as the previous time.

When you want to try to gamble again, you should have control over yourself, so you don't have to end up losing all of the money. We should prevent that big loss, and if necessary, we can play gambling using a small amount without risking too big money to gamble. Yes, everything will go away if we losing control, and that can impact our money in a short time. Never try hard to gamble, but just try to enjoy the game, so your mind will not think about trying to winning the game.
Having control over yourself is one of the key aspect that every gambler should have so that you can play safe on every bets you made but gambling just for fun and gambling as profession can be rarely be connected as you should have enough knowledge and analyze the platform when gambling professionally and not be careless. But if you enjoy the process of analyzing the pattern and inconsistencies of the platform then gambling professionally while having fun is suited for you.


This applies to trading as well. The moment you let the greed take control it fucks you up. I know it from experience. Either when trading or when gambling you need steel like nerves and act like a damn computer without any emotions. This is how successful traders/gamblers act. You shouldn't let anybody affect your emotions.

Emotions is one of the main or biggest factors that can really affect on what you are doing neither you do make trades or you do gamble or anything that you are doing.

There are indeed some differences when it comes to long term aspects when it comes to profitability and sustainability but overall I can really be affected by this.

Some say that it is impossible to live out with gambling but there are really people who do able to manage to be sustainable and able to live with those earnings.

R


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January 08, 2021, 07:38:03 PM
 #988


Emotions is one of the main or biggest factors that can really affect on what you are doing neither you do make trades or you do gamble or anything that you are doing.

There are indeed some differences when it comes to long term aspects when it comes to profitability and sustainability but overall I can really be affected by this.

Some say that it is impossible to live out with gambling but there are really people who do able to manage to be sustainable and able to live with those earnings.

I agree but when you are dealing with money, you shouldn't get emotional, never.

You can get emotional when playing games on your computer or watching a football game or I don't know... watching a movie. But when you are making money, there is no room for emotions. You should act like an algorithm and nothing else.

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January 08, 2021, 11:18:25 PM
 #989


snip

I agree but when you are dealing with money, you shouldn't get emotional, never.

You can get emotional when playing games on your computer or watching a football game or I don't know... watching a movie. But when you are making money, there is no room for emotions. You should act like an algorithm and nothing else.

We are just humans and its impossible for you to completely suppress your emotions on dealing up with gambling specially you do know deep inside that you are risking
your precious money which its impossible not to make any reactions or being bulge a bit if you do lose.

There are people who are really good on handling out themselves even though it isn't perfect but due to long time experience they are already get used to it.

Acting like a robot or emotionless being is really on the impossible side.We don't like to lose money.

R


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January 09, 2021, 02:31:01 AM
 #990

There are people, and my situation is different. This is what happening with my gambling life. I gamble, endup losing feel for the loss. On account of the same I take a break. After specific time interval our mind will gain the strength to overcome the previous loss. This will make me go for it once again. By this time I make myself strong and come up with different tricks and stats. Everything goes away in no time, finally everything takes place same as the previous time.

When you want to try to gamble again, you should have control over yourself, so you don't have to end up losing all of the money. We should prevent that big loss, and if necessary, we can play gambling using a small amount without risking too big money to gamble. Yes, everything will go away if we losing control, and that can impact our money in a short time. Never try hard to gamble, but just try to enjoy the game, so your mind will not think about trying to winning the game.
Having control over yourself is one of the key aspect that every gambler should have so that you can play safe on every bets you made but gambling just for fun and gambling as profession can be rarely be connected as you should have enough knowledge and analyze the platform when gambling professionally and not be careless. But if you enjoy the process of analyzing the pattern and inconsistencies of the platform then gambling professionally while having fun is suited for you.


The difference might be from the desire of amount of possible winnings.

Gmabling for fun can easily move you and forget about mistakes while gambling with intentions of winning brings you more thoughts
of what might be the possible problem that you needed to enhance or develop in terms of analysig your next bets. There are people who understand well the system and capable of adjusting each time they needed to follow the flow.
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January 09, 2021, 10:25:50 AM
 #991

The thing is, all I'm putting in is money that I really don't need. That means, the money for life and my fixed savings rate is already factored out. The money that I lose (although I often win more than I lose, especially when betting), I book under having fun. Of course you can later think, oh what money could I have saved if I hadn't used it for gambling. But as I said, it was used to have fun. Just like when you go to the cinema or the disco. In the end you don't ask yourself what I could have saved if I had never gone to the cinema or the disco.

This is the best approach to gambling, imo, and I'm using it too. There are people, film critics, who are paid for watching movies, but this profession is very rare, and it's safe to say that 99.99% of us, regular movie goers watch films for entertainment purposes, not to earn money with that. And that's how I see professional gamblers, they are like those film critics, people of very rare occupation. For us, regular folks, it's pretty stupid to think that we can be like them.
I would never think of that as a gambler, I always think of winning and having fun at the same time. Thing is, if we think it's just a pure entertainment, we will not be eager to win and we will just spend our money to enjoy even if we will lose in the end, some maybe are doing that but not me.

The probability of your winning a bet is the same, regardless of whether you want to earn money with it or just to have fun. So, this approach, when you just want to be entertained, doesn't affect your gambling stats in a negative way.

Of course everyone of us gamblers wants to win, but there is a difference between our goals: we, regular gamblers, aim at winning $10-$20 to spend it the same day on beer or whatever, while pro gamblers want to win much more, and they have to take much bigger risks for that.

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January 09, 2021, 10:15:45 PM
 #992

I would never think of that as a gambler, I always think of winning and having fun at the same time. Thing is, if we think it's just a pure entertainment, we will not be eager to win and we will just spend our money to enjoy even if we will lose in the end, some maybe are doing that but not me.
If that's the thinking, you'll not that be much hurt when you lose. And that can be an acceptable feeling when you play like that.

It's better thinking if everybody is like that. But professionals are professionals and those gamblers are serious with every result that they're expecting. It's good to be in the middle of it while having fun.

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January 09, 2021, 10:24:11 PM
 #993

I would never think of that as a gambler, I always think of winning and having fun at the same time. Thing is, if we think it's just a pure entertainment, we will not be eager to win and we will just spend our money to enjoy even if we will lose in the end, some maybe are doing that but not me.
If that's the thinking, you'll not that be much hurt when you lose. And that can be an acceptable feeling when you play like that.

It's better thinking if everybody is like that. But professionals are professionals and those gamblers are serious with every result that they're expecting. It's good to be in the middle of it while having fun.

You cant say that those professionals aren't making fun while they do gamble, of course they do but the difference here is that they are following their own gambling ways
or strategies to make themselves profitable in the end of the day so its just normal to see that seriousness that they do had.They do need to make money out of that game.
So we cant really say that they aren't enjoying the game too even though theres a little difference compared to those who do really just play for pure entertainment.
There are people who do really live out with gambling, sounds impossible but there are people who do made it to become sustainable.

R


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January 09, 2021, 10:37:49 PM
 #994

Whether it is sports betting or casino games, constant profit from them in the long run is almost impossible.
I really don't think so, maybe other type of games but games that you can use your skills like sports betting, I think you can be profitable in the long run, achieved a win rate of 60% and you'll be profitable, just know how to manage your bankroll properly.

That is so true. I think it can't be that profitable but at the end of the day you can still be having a profit if you can manage well your funds. That is achievable on both luck based games and skill based games but more probable in skill based games. There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

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January 09, 2021, 11:07:31 PM
 #995

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.

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January 09, 2021, 11:12:46 PM
 #996

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.
Good advise, I have always play in gambling shorter period of time and only get to a one time bet. Win or lose I will go home directly but it will all depend on the game. Sometimes I need to play more just to enjoy the game and not to get winnings. I love and gets motivated when I win and also feels the opposite when gets lose. However,  winning is a motivation that keeps me on betting and to enjoy the game. I have been into platform too with high house edge and I was betting their for long time just to make a win. I think that was 1 win over 10 losses betting in a roulete. After I win I go offline.
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January 09, 2021, 11:15:20 PM
 #997

There are also gamblers that had a profit even they are playing for a long period of time in luck based games.

I'm thinking what's the house edge for the games you are talking?

The higher the house edge, the more the risk of losing soon will be experience, and I would say it will just a matter of time before someone really lose his money in a luck based type of games, if you want to win in this game, go big and don't gamble longer.
Exactly, the chances of making a profit based on the luck game are very slim. Imagine, a lottery is a base of luck game, so the percentage of winning is very small and I think less than 1% chances of winning I guess will appropriate, how can you able to manage your money even the chances of winning don't know and hoping every day is your lucky day. I don't think there is gambling as a profession, how they can survive or sustain their capital in gambling since they don't have work.

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January 09, 2021, 11:43:45 PM
 #998

I would never think of that as a gambler, I always think of winning and having fun at the same time. Thing is, if we think it's just a pure entertainment, we will not be eager to win and we will just spend our money to enjoy even if we will lose in the end, some maybe are doing that but not me.
If that's the thinking, you'll not that be much hurt when you lose. And that can be an acceptable feeling when you play like that.

It's better thinking if everybody is like that. But professionals are professionals and those gamblers are serious with every result that they're expecting. It's good to be in the middle of it while having fun.

You cant say that those professionals aren't making fun while they do gamble, of course they do but the difference here is that they are following their own gambling ways
or strategies to make themselves profitable in the end of the day so its just normal to see that seriousness that they do had.They do need to make money out of that game.
So we cant really say that they aren't enjoying the game too even though theres a little difference compared to those who do really just play for pure entertainment.
There are people who do really live out with gambling, sounds impossible but there are people who do made it to become sustainable.
I'm not saying that they're not having fun. I'm only saying that they are serious with the results so it is that they're also having fun while looking forward to a positive result.

They have their own style and strategy as you've said to get serious to have a good result and to have fun.

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January 09, 2021, 11:58:30 PM
 #999

Exactly, the chances of making a profit based on the luck game are very slim. Imagine, a lottery is a base of luck game, so the percentage of winning is very small and I think less than 1% chances of winning I guess will appropriate, how can you able to manage your money even the chances of winning don't know and hoping every day is your lucky day. I don't think there is gambling as a profession, how they can survive or sustain their capital in gambling since they don't have work.

I agree why gambling cannot be a profession, because as we all know gambling requires luck to win. And the problem is that it is impossible for us
to get lucky every day, even though I know there are gambling games that do require skills. But still it doesn't make sense to make gambling
a profession, even from the many articles that I read. Most people can beat casinos in the long run through cheating. Because if we play honestly
it is very difficult to win, because the system created by the casino is to make gamblers lose a lot. Therefore, make gambling as entertainment only.

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January 10, 2021, 02:45:45 AM
 #1000

~snip~
Having control over yourself is one of the key aspect that every gambler should have so that you can play safe on every bets you made but gambling just for fun and gambling as profession can be rarely be connected as you should have enough knowledge and analyze the platform when gambling professionally and not be careless. But if you enjoy the process of analyzing the pattern and inconsistencies of the platform then gambling professionally while having fun is suited for you.

Perhaps, there will be people who play gambling because of fun, and that people can have good control over themselves, and they see that they have a chance to make money from gambling. So they decide to learn more about the game and practicing what they got while they can enjoy the process of learning. And as time goes, his analysis, skills, and everything that a pro gambler should have are in themselves, that will be the way for them to be the pro gambler.

I believe that will really happen out there, but we can't find them because people will not tell others about their occupation, how they make money, and how they can have good control over themselves. They will not share their knowledge with others if they don't believe them.

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