Gambling as a profession: there's people who live out of gambling?

[hahay]

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.

I realize gambling is just about entertainment and luck but I've come across some people whose lives rely at least on the results of gambling, both in real life and online. But indeed, maybe it is not a profession because the results are not always about profit and therefore, perhaps it would be more accurately described as a normal activity. Because even if there is someone who gambles every day it's just about the usual activities, because at least they still have another source of steady income and don't rely entirely on gambling.

[KTChampions]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

[Betwrong]

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.

I was talking about  purely luck based games, but, of course, there are types of gambling activities where math and logic are involved. From what I know, poker and sports betting require good understanding of probabilities, and it's a fact that there are professional sports bettors and poker players that make big money with these activities. But those are very rare cases, and the wisest of them quit after making a significant profit.

[k@suy]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Well i guess aiming to successfully win in gambling requires both skills and strategic plan and at the same time the power of luck. As a gambler we shouldn't have to go in a battle field where we are only depending on the luck because it was a total risk and waste of money and time. This wasn't worked as one though i guess it has some sortt of impact on gambling techniques but luck alone is somewhat giving up yourself to the battle where you didn't bring any armour.

[michellee]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Not many people can become bookmakers or casino owners because that will need a lot of money to start. If people do not play gambling for a long time and will think twice about using gambling for a profession, they will save their money, and they do not have to depend on the luck factor because that will not work for the long term. Many people live ruin because they want to use gambling as a profession, which is an important lesson for us not to follow them to ruin our lives.

[jrrsparkles]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Well i guess aiming to successfully win in gambling requires both skills and strategic plan and at the same time the power of luck. As a gambler we shouldn't have to go in a battle field where we are only depending on the luck because it was a total risk and waste of money and time. This wasn't worked as one though i guess it has some sortt of impact on gambling techniques but luck alone is somewhat giving up yourself to the battle where you didn't bring any armour.

Choosing games with better probability of winning or higher rewards for the risk we are taken also plays a role to withstand for someone to very longer even though they are not making constant profits through their bets.Well on casino s games we can never see lot of people winning in long term because which is actually designed for people to lose when they gambler longer so only card games involves some strategies and bit of luck to win.

[mardaed]

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.

I was talking about  purely luck based games, but, of course, there are types of gambling activities where math and logic are involved. From what I know, poker and sports betting require good understanding of probabilities, and it's a fact that there are professional sports bettors and poker players that make big money with these activities. But those are very rare cases, and the wisest of them quit after making a significant profit.

Yes, I could see that you have focused your statement about the purely luck based games. And I agree with you about that. I am also aware that there are indeed known and respectable sports bettors and poker players in this industry. But I opted to generalize gambling and its nature in order to justify my opinion on how it cannot be really considered as a profession, even with people gaining expertise with it. After all, people are also and still seeking for a source of income or financial needs to be able to gamble. And with that, majority are not really independently relying with gambling but are just fond of it.

[Pamadar]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Not many people can become bookmakers or casino owners because that will need a lot of money to start. If people do not play gambling for a long time and will think twice about using gambling for a profession, they will save their money, and they do not have to depend on the luck factor because that will not work for the long term. Many people live ruin because they want to use gambling as a profession, which is an important lesson for us not to follow them to ruin our lives.

Precisely! Set those experiences coming from other gamblers who become addicted  and lose control.

It's very possible  that  you'll  be  able to engaged too much and lose all  your savings  if you are not careful, many people suffer from depression  and some ends up committing suicide to escape  from this huge mistake. You need to be responsible in  any decision  making  that  you'll going  to take. Gambling  as profession is not easy as it is.

[finaleshot2016]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Not many people can become bookmakers or casino owners because that will need a lot of money to start. If people do not play gambling for a long time and will think twice about using gambling for a profession, they will save their money, and they do not have to depend on the luck factor because that will not work for the long term. Many people live ruin because they want to use gambling as a profession, which is an important lesson for us not to follow them to ruin our lives.

Precisely! Set those experiences coming from other gamblers who become addicted  and lose control.

It's very possible  that  you'll  be  able to engaged too much and lose all  your savings  if you are not careful, many people suffer from depression  and some ends up committing suicide to escape from this huge mistake. You need to be responsible in any decision  making  that  you'll going  to take. Gambling  as profession is not easy as it is.

You should think wisely about where will you spend your money, that's the basics in life. This decision is applicable in all aspects as long as there is money on the line. Many people have already lost a lot of money and ruined their lives because of gambling, we should learn from their mistakes. Sometimes, you'll learn if you're taking advice from other people, not only by experiencing it. And also, we shouldn't compare ourselves to professional gamblers that really risk, it is because they have the ability to recover it because they have funds or sponsorship when competing in leagues.

[milewilda]

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.

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Not many people can become bookmakers or casino owners because that will need a lot of money to start. If people do not play gambling for a long time and will think twice about using gambling for a profession, they will save their money, and they do not have to depend on the luck factor because that will not work for the long term. Many people live ruin because they want to use gambling as a profession, which is an important lesson for us not to follow them to ruin our lives.

Precisely! Set those experiences coming from other gamblers who become addicted  and lose control.

It's very possible  that  you'll  be  able to engaged too much and lose all  your savings  if you are not careful, many people suffer from depression  and some ends up committing suicide to escape from this huge mistake. You need to be responsible in any decision  making  that  you'll going  to take. Gambling  as profession is not easy as it is.

You should think wisely about where will you spend your money, that's the basics in life. This decision is applicable in all aspects as long as there is money on the line. Many people have already lost a lot of money and ruined their lives because of gambling, we should learn from their mistakes. Sometimes, you'll learn if you're taking advice from other people, not only by experiencing it. And also, we shouldn't compare ourselves to professional gamblers that really risk, it is because they have the ability to recover it because they have funds or sponsorship when competing in leagues.

Trying  to acheive something just because of seeing others and trying to pursue it would really be a big mistake specially if done it on a rush basis.
Seeing it happened doesnt mean that it will applicable for you as well.As said these fellas had do the capability or capacity on sustaining things even if they do gamble
plus having that advantage when it comes to funding or capitals which you cant just apply it into your own.

Dont really expect too much nor force to do the same but well this can be also learned but this  wont really be an easy thing or sure stuff.

[KTChampions]

If your long term strategy depends on luck, then you are doing something wrong. It is naive to hope for luck if we are talking about a long distance - the math works here strictly in favor of the bookmakers/casino owners etc. Therefore, if you want to succeed then you must either be a casino owner or look for and find weaknesses/mistakes at casinos/bookmakers.

Not many people can become bookmakers or casino owners because that will need a lot of money to start. If people do not play gambling for a long time and will think twice about using gambling for a profession, they will save their money, and they do not have to depend on the luck factor because that will not work for the long term. Many people live ruin because they want to use gambling as a profession, which is an important lesson for us not to follow them to ruin our lives.

But now there are sites where you make wagers with other people? In fact, this is your own casino - you can make opposite bets with different people in such a way that, whatever the outcome, you will be in profit. Thus, you will act as a casino without spending a lot of money to open it.

[Kelvinid]

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'm not sure if he will tell you or even post it here. Coz even he's saying that he uses strategies to win in gambling, I don't think it really works and enough to win but he definitely needs luck by then.

I will be agreeing that some people are destined to be a gambler. Yeah, they are so lucky being a gambler and make wins almost all the time and too sad that I never saw it to me. I do gambling but could be disappointing to see how many times I lose than winning.

[michellee]

Precisely! Set those experiences coming from other gamblers who become addicted  and lose control.

It's very possible  that  you'll  be  able to engaged too much and lose all  your savings  if you are not careful, many people suffer from depression  and some ends up committing suicide to escape  from this huge mistake. You need to be responsible in  any decision  making  that  you'll going  to take. Gambling  as profession is not easy as it is.

I am afraid that depression will stay with them for a long time as they can not control themselves in gambling. We already read about many suicide cases out there, and we must prevent that happen to one of our closest people. That is why we need to be responsible for ourselves before we lose everything that we have. We will be okay if we are playing gambling for searching the fun.

[Botnake]

Precisely! Set those experiences coming from other gamblers who become addicted  and lose control.

It's very possible  that  you'll  be  able to engaged too much and lose all  your savings  if you are not careful, many people suffer from depression  and some ends up committing suicide to escape  from this huge mistake. You need to be responsible in  any decision  making  that  you'll going  to take. Gambling  as profession is not easy as it is.

I am afraid that depression will stay with them for a long time as they can not control themselves in gambling. We already read about many suicide cases out there, and we must prevent that happen to one of our closest people. That is why we need to be responsible for ourselves before we lose everything that we have. We will be okay if we are playing gambling for searching the fun.

We are already talking about the worst case scenario, suicide can happen in different cause, not only in gambling but you are right, we need to be responsible and we have to understand the risk in gambling so the time will not come that we will blame ourselves of losing since losing is just normal but we just don't understand it and we don't manage the risk effectively.

[acener]

Just curious here.
I know there are tons of way to live.

but is there such a thing as professional gamblers?

people who make a living onlyout of gambling (online or on rl)?

resources and comments on that are really welcome.

I have met some people who are good at gambling who manages to win a good amount of money from gambling,
But i haven't met someone who relies or depends only in gambling.
I have some relatives who are also heavy gamblers but they don't depend on gambling.

[wildan88]

There are a number of people active on the forum who win money with gambling. You have to ask yourself whether their approach is smart. The only way they play is by using holes in a betting site. Some examples of players: MishaYo, realscout (royse777 is also involved in this), LEVSKI7, spyrosc200). These players deliberately take advantage of temporarily misrepresented odds. If you want to make money in this rogue way, then I advise you to contact them.

[k@suy]

Precisely! Set those experiences coming from other gamblers who become addicted  and lose control.

It's very possible  that  you'll  be  able to engaged too much and lose all  your savings  if you are not careful, many people suffer from depression  and some ends up committing suicide to escape  from this huge mistake. You need to be responsible in  any decision  making  that  you'll going  to take. Gambling  as profession is not easy as it is.

I am afraid that depression will stay with them for a long time as they can not control themselves in gambling. We already read about many suicide cases out there, and we must prevent that happen to one of our closest people. That is why we need to be responsible for ourselves before we lose everything that we have. We will be okay if we are playing gambling for searching the fun.

We are already talking about the worst case scenario, suicide can happen in different cause, not only in gambling but you are right, we need to be responsible and we have to understand the risk in gambling so the time will not come that we will blame ourselves of losing since losing is just normal but we just don't understand it and we don't manage the risk effectively.

These are the worst case scenarios that we should taken seriously. It just didn't happen because of gambling, losing or failure in betting but these happens in any aspects of life that triggers the anxiety of depression of one person. But whatever the reason that may trigger, we should always be responsible to our actions and be wise enough to handle uncertainties in our life. Problems, hindrances or even challenges are inevitable it already a part of our life we only have one thing to respond on it, and that is to learn how to fight those.

[DarkDays]

There are a number of people active on the forum who win money with gambling. You have to ask yourself whether their approach is smart.

That may be true but there will also be loses. Having gambling as the main stream of income, in my opinion, is too unpredictable and unreliable, but nonetheless there are plenty of people who are in this position.

Perhaps, they find it as the only solution for them, so to them it is a smart approach-tough I think that also depends on the game. For example, poker can be an easier game to strategies in then in dice or slots. But I suppose over time you develop a sense for the game you play day-in day-out.

[BTCGOLD]

If you want to make real money with gambling, then you also have to have an iron discipline. And you always have to deal with a relapse. There are also different concepts about the term professional gambler.
What do you understand by that? If someone gambles profitably once, it is not yet a professional gambler. Arbitrage bettors are pros but sooner or later you will run into problems with a bookie.

[boyptc]

If you want to make real money with gambling, then you also have to have an iron discipline. And you always have to deal with a relapse. There are also different concepts about the term professional gambler.
What do you understand by that? If someone gambles profitably once, it is not yet a professional gambler. Arbitrage bettors are pros but sooner or later you will run into problems with a bookie.

We have our own thoughts and understanding of what would be the term professional gambler means. But in layman's terms, for the majority, that means that someone's who has been gambling as a profession and makes a living from it.

That can be the easiest possible meaning for one to understand what does it actually means without complex descriptions.