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Author Topic: Gambling as a profession: there's people who live out of gambling?  (Read 6920 times)
seleme
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January 11, 2021, 10:59:15 PM
 #1021

Trying hard would not work if the system in place would not make you beat the house, just look at the dice sites now, they have already grown overtime, they don't only offer dice, they have already added a variety of games because they have enough funds from a profitable operation.

I think instead of trying hard, just try your luck.. Bet on a huge multiplier and then stop and enjoy your winning if you hit it.

Maybe we can try the other gambling game, but not to play with hard because we will not get a big chance to beat the house. Yes, I agree with you that we can play gambling and try our luck, and if we win, that will be the time for us to stop instead of continuing for other rounds. If we keep playing without thinking about stopping for a while, we will lose that win money.

That is true, every gambler needs to know where his limits are and when to stop. It's not easy and every tine you get lucky you might think why I wouldn't be lucky next time and time after that. But this might get dangerous and there are only very few people who can actually make for the living with gambling but majority of us are not among them.
I heard about a few guys who killed the family members after getting in debt(more than $120k), this is not the normal way of living life. Gambling has to be regulated hardly especially by the regulators before letting the users deposit insane amounts. There is nothing wrong to make small money while having fun in gambling but putting the bankroll which gamblers can't afford to lose is not a good idea no matter how reliable bet is.

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January 11, 2021, 11:15:32 PM
 #1022

Trying hard would not work if the system in place would not make you beat the house, just look at the dice sites now, they have already grown overtime, they don't only offer dice, they have already added a variety of games because they have enough funds from a profitable operation.

I think instead of trying hard, just try your luck.. Bet on a huge multiplier and then stop and enjoy your winning if you hit it.

Maybe we can try the other gambling game, but not to play with hard because we will not get a big chance to beat the house. Yes, I agree with you that we can play gambling and try our luck, and if we win, that will be the time for us to stop instead of continuing for other rounds. If we keep playing without thinking about stopping for a while, we will lose that win money.

That is true, every gambler needs to know where his limits are and when to stop. It's not easy and every tine you get lucky you might think why I wouldn't be lucky next time and time after that. But this might get dangerous and there are only very few people who can actually make for the living with gambling but majority of us are not among them.
I heard about a few guys who killed the family members after getting in debt(more than $120k), this is not the normal way of living life. Gambling has to be regulated hardly especially by the regulators before letting the users deposit insane amounts. There is nothing wrong to make small money while having fun in gambling but putting the bankroll which gamblers can't afford to lose is not a good idea no matter how reliable bet is.
That's  sad news but we can't control everyone, some killed people because they are drunk but alcohol is still not ban, so there should be no difference in casinos in terms of treatment. It's our responsibility to ensure that we are matured enough to understand the risk in gambling, yes it's entertaining but it comes with risk, the higher the stake will increase the risk so cases like that does not happen all the time or every time, gambling casinos hence will still exist.

Regulation? of course they are regulated once they have a license.

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January 11, 2021, 11:22:19 PM
 #1023

I heard about a few guys who killed the family members after getting in debt(more than $120k), this is not the normal way of living life. Gambling has to be regulated hardly especially by the regulators before letting the users deposit insane amounts.

Gambling should not be taken as the reason why it ends up like that. It's a self behavior problem and no one to blame there but that person itself.

It's no different from other activities like drugs, alcohol, etc.

Regulations, even how strict it is, will be disregarded once the person falls on the trap of being addicted.

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January 12, 2021, 12:35:01 AM
 #1024

~snip~
They have games that really needed a strategy to win in a game that others always do but not luckily it works because they have times that it cause also for the players to lose their capital. Sometimes luck depends for you to win and if you are unlucky you lose money. Playing gambling is risky and unpredictable if you win or not so I did not think it's a job.

Most of the time, gamblers will lose money than winning the money, so that should make us think twice to stay at the gambling games for a long time. If we already knew about the risk, I think we can manage our time not to play gambling for too long. I think a pro gambler will know if something not right happens while playing gambling, so they will decide to take a break for a while instead of playing and testing their luck. Perhaps, that is a sense to smell if there are strange situations between them inside the game. Well, probably we can't understand, but I am sure pro gamblers will feel that.

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January 12, 2021, 04:32:42 AM
 #1025

For sure some people live out from gambling,  this is their only way to earn money and consider this as their job but it seems inappropriate because there is no assurance that you may earn money from it. Gambling is such a risky way of earning money, do not consider this as your job but make it only as wy of entertainment and earning money as well but consider also the fact that you may lose your money from it.

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January 12, 2021, 06:54:07 AM
 #1026

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.

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January 12, 2021, 10:34:47 AM
 #1027

Trying to find the best game that has no house edge, I guess that's the right thing to do if you really want to improve and eventually to be consistent in winning. We can't argue that we can win in luck based games but I would argue if some say we can win that consistently despite of the house edge.

Not even in theory it is true, more so in practice.

When I was a newbie I was a moron trying to find the formula to win but those veterans are correct, no way you can win in the long run on games with house edge, it's just my bad I didn't listen because I wanted to follow my own experience.

It is normal if we are a newbie to think that we can find the formula to win, and we try to make or modify other people's strategy or method or whatever its name. But sooner or later, after we get some experience, that can give us an understanding about winning consistently in gambling is not easy, and sometimes, we will lose our money just because we want to try to win.

That is true, every gambler needs to know where his limits are and when to stop. It's not easy and every tine you get lucky you might think why I wouldn't be lucky next time and time after that. But this might get dangerous and there are only very few people who can actually make for the living with gambling but majority of us are not among them.

The risk behind using gambling as a job is losing all of the things that we have. All the things that we have will be sold because we need money to start gamble the next day, or even do something worst because of the money needs. That will affect us, but it also affects people around us, including our family.

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January 12, 2021, 02:28:54 PM
 #1028

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.

interesting, can you share more on which styles of games they play and what their strategies and techniques are?
probably not only pure luck, right?
let us know

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January 12, 2021, 03:12:41 PM
 #1029

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.
Yeah, I think those people are the ones who play with the best odds. They are likely not relying on luck perhaps using a trick on it because there's no way you can win in gambling consecutively with just luck perhaps they're using math on it. Actually, I have read a bizarre post regarding this one, I think it was it was MIT students who used math to increase their probability of winning. Regarding to the question of OP, yeah technically there is but I'm just not quite sure of it though.
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January 12, 2021, 03:55:21 PM
 #1030

I heard about a few guys who killed the family members after getting in debt(more than $120k), this is not the normal way of living life. Gambling has to be regulated hardly especially by the regulators before letting the users deposit insane amounts.

Regulations, even how strict it is, will be disregarded once the person falls on the trap of being addicted.
Gambling can mean different things for different people. For some, it is their buzz word, and their adrenaline and Dopamine rushing like they've big time but for some the sound of it is not appealing at all.

You could use gambling as your only way of income but you must really know your game, plus you don't want to be doing it all the time as you'd end up addicted, and nothing an stop you. As mentioned above, no regulations can stop addiction, no matter how hard they make it.

Gambling should be seen as an exercise at most, regular but controlled.
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January 12, 2021, 05:03:54 PM
 #1031

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.
Yeah, I think those people are the ones who play with the best odds. They are likely not relying on luck perhaps using a trick on it because there's no way you can win in gambling consecutively with just luck perhaps they're using math on it. Actually, I have read a bizarre post regarding this one, I think it was it was MIT students who used math to increase their probability of winning. Regarding to the question of OP, yeah technically there is but I'm just not quite sure of it though.

There are people who managed to live using this industry.

People who attained knowledge and right skills to have a much higher chance of winning against the house, though it's not always
but they are capable of controlling their emotions and have  agood bankroll managements, they are trained enough to avoid busting
their money and keep ontrack finding ways to keep gaining decent.
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January 12, 2021, 05:04:14 PM
 #1032

A lot of gamblers feel they are waiting for the big win which never comes but always seems tantalizingly close. But often, they find having a big win would simply fuel their desire for more gambling, leaving them feeling trapped into behaviour with no way out. This would suggest that being 'in action' is the most important thing, rather than winning an amount of money. A big win can change gambling from entertainment to being about winning money. The problem here is that all forms of gambling have a house advantage meaning, over time, the house always wins.  Or more importantly, the gambler always loses. This means any gambling we do that is driven by a need to win money, including trying to win back money we've already lost, is not going to work.
 If we see gambling as an entertainment then it can be a useful diversion from stress, grief or life's hassles but can turn negative when it stops being a diversion and starts being a way to earn money.

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January 12, 2021, 05:44:51 PM
 #1033

For sure some people live out from gambling,  this is their only way to earn money and consider this as their job but it seems inappropriate because there is no assurance that you may earn money from it. Gambling is such a risky way of earning money, do not consider this as your job but make it only as wy of entertainment and earning money as well but consider also the fact that you may lose your money from it.
When you say gambling it also has an counter part which is risky way of earning, but the thing is that you may earn huge when you are gambling because you are risking a huge money. It is just like a business in which you are risking in order for you to attain something. If someone is using gambling platform as their professional job then we can't blame them because maybe they are good at it. Whenever you are gambling always think that there is a chance that you may lose your money otherwise you may win.

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January 12, 2021, 06:17:50 PM
 #1034

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.
Yeah, I think those people are the ones who play with the best odds. They are likely not relying on luck perhaps using a trick on it because there's no way you can win in gambling consecutively with just luck perhaps they're using math on it. Actually, I have read a bizarre post regarding this one, I think it was it was MIT students who used math to increase their probability of winning. Regarding to the question of OP, yeah technically there is but I'm just not quite sure of it though.
those that have blessed with an extra ordinary knowledge and blessed with a lucky hands are both lucky and they are the person that can use gambling as a profession but the person with lucky hands are more in favor with it because the other person is already knowledgeable and he can use this knowledge in so many things to earn .
he dont need to risk money in gambling unless if he wants easy money ?
 for the rest of the society that are normal or not blessed with both of these talent they may need to think twice before they venture this profession  .
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January 12, 2021, 09:32:20 PM
 #1035

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.
Yeah, I think those people are the ones who play with the best odds. They are likely not relying on luck perhaps using a trick on it because there's no way you can win in gambling consecutively with just luck perhaps they're using math on it. Actually, I have read a bizarre post regarding this one, I think it was it was MIT students who used math to increase their probability of winning. Regarding to the question of OP, yeah technically there is but I'm just not quite sure of it though.

There are people who managed to live using this industry.

People who attained knowledge and right skills to have a much higher chance of winning against the house, though it's not always
but they are capable of controlling their emotions and have  agood bankroll managements, they are trained enough to avoid busting
their money and keep ontrack finding ways to keep gaining decent.

yeah if they are not addicted to the gambling then it is possible for them to live their whole life on gambling's income but afterall this whole thing depend on luck factor, I have seen a lot of people living their life on gambling as well as majority of skilled people are facing a big loss of money.
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January 13, 2021, 08:26:23 AM
 #1036

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.

interesting, can you share more on which styles of games they play and what their strategies and techniques are?
probably not only pure luck, right?
let us know

I am also interested to know these people who are gifted with lucky hands as personally I don’t believe in such thing.They must be either cheaters,wizards or math geniuses (remember that guy that math person who got to jail by winning several times the national lottery by using math) because pure luck or gifted luck does not exist.

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January 13, 2021, 10:19:39 AM
 #1037

yeah if they are not addicted to the gambling then it is possible for them to live their whole life on gambling's income but afterall this whole thing depend on luck factor, I have seen a lot of people living their life on gambling as well as majority of skilled people are facing a big loss of money.

I really don't think so that's possible, no matter if you're addicted to gambling or not you can not possibly rely on gambling even as one extra source of income, let alone gambling being your only source of income, that being said it's possible to use a low risk strategy and have short-term success and make a good constant income from gambling for a few weeks but you can bet that's not going to last long and you eventually will start to lose.

Gambling is a great way to entertain yourself and it could give you that feeling of adrenaline rush but that's just it and no one should ever look at gambling as something more than that, simply because if you do look at gambling as a good source of income you eventually will start increasing the money that you use to bet until it's not safe to gamble anymore and you could be one of those people that lost most of their savings on gambling.
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January 13, 2021, 10:27:45 AM
 #1038

Reading the replies in this thread I see that purely luck based games like dice and lottery popping up in some discussions.

Let's get this straight, guys, there is no such thing as professional gambling in the fields of purely luck based games. Some people may think they are pros because of being in profit from playing slots or dice for years in a row, but in fact they are nothing more than just lucky, and their "professionalism" can evaporate any time with hitting a long losing streak.

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January 13, 2021, 01:33:03 PM
 #1039

Gambling is as old as human. I know a handful of people who use gambling as their source of major income and depend on it solely to discharge their financial needs. They are gifted with lucky hands and predict the best odds with the highest benefit.

interesting, can you share more on which styles of games they play and what their strategies and techniques are?
probably not only pure luck, right?
let us know

I am also interested to know these people who are gifted with lucky hands as personally I don’t believe in such thing.They must be either cheaters,wizards or math geniuses (remember that guy that math person who got to jail by winning several times the national lottery by using math) because pure luck or gifted luck does not exist.

not a joke here but when I was young my school used to organize Bingo tournaments.
which is quite random, not so easy to fake.

they gave a variety of prizes from televisions, discounts on next year payment on the school, radio, and all kinds of electronics.

there was this 1 guy called Giovanni that won quite a lot of these.
really not a joke but the guy probably won like half the bingos where he participated.

we never know, but gifted luck may exist.

can you share a link or story to this guy that won the lottery using math? would like to read about it.

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January 13, 2021, 04:10:14 PM
 #1040

Reading the replies in this thread I see that purely luck based games like dice and lottery popping up in some discussions.

Let's get this straight, guys, there is no such thing as professional gambling in the fields of purely luck based games. Some people may think they are pros because of being in profit from playing slots or dice for years in a row, but in fact they are nothing more than just lucky, and their "professionalism" can evaporate any time with hitting a long losing streak.

I get your point, and I somewhat agree with you. I also see these people as really “lucky” rather than “professionals.” And I don’t think that gambling is a profession, it is a form of entertainment that in a way or two provide benefits to the participants. In my opinion, gambling can be a profession or its participants to be called professionals when it will be affiliated with math and logic. But with the nature of gambling, random and constantly changing,  math and logic do not consistently work with it.
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