Running household expenses with gambling

[Viscore]

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Gambling will not guarantee profits at all times, as most of the time you lose, and some lucky times you win. The reason why a responsible husband or father should have his own stable job so that he can provide all the basic needs of his own family and sustain all the household expenses. Otherwise, if he only depends from gambling alone, his family will certainly suffer from hunger and will only be the reason for a broken marriage later on.

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[m2017]

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Which most often lead to financial losses, and not big wins, as many players believe. Continued your suggestion. Therefore, there can be no talk of covering their expenses with prize money from gambling. Simply, you will not have anything to pay for them. Most likely. In gambling, it is recommended (as well as when investing in crypto) to spend only the money that you don't mind losing.

[wheelz1200]

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

If you are reliant on gambling strictly to pay for your bills you are looking for trouble.  It can certainly supplement a steady income.  But if you have a bad string of months you will end up kicked out before you can catch up on bills.  Maybe as a stop gap in between jobs but I can't see someone gbling for a profession successfully for very long.

[usekevin]

It’s hard actually to run house hold expenses using the winning money from the gambling.Sometimes it may possible,if you play the continues game with the skills.You need to learn more skills on the gambling.It will happen only if you made some huge game.Because game is not just without skills.Even you lose the game,you can earn huge knowledge from that game.

[BitcoinPanther]

Unfortunately, just as OP stated, people who has "no JOB and SKILL" so the exemption you've presented doesn't apply on this scenario. Other than having an extremely high luck or probably winning an insanely high jackpot which will be enough to cater all your needs and necessities. I cannot think of any other ways for this to work out especially if you don't have any skills or job that will serve as your backup in case you lose.

I don't believe that there is a person without a skill, no job yes but no skill, I doubt that.  As said, the no skill thing is just a leeway because the person is lazy to look for a job.  And I wonder, where will OP get his money for gambling activity if he won't work? 

It’s hard actually to run house hold expenses using the winning money from the gambling.Sometimes it may possible,if you play the continues game with the skills.You need to learn more skills on the gambling.It will happen only if you made some huge game.Because game is not just without skills.Even you lose the game,you can earn huge knowledge from that game.

OP's question is impossible in a long run except for some cases where a person got the jackpot and profited huge money.

[dunfida]

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

It is possible of course, but then how stable does gambling it could be? Many people wants to settle their family with gambling, but end up to become broke. In my own opinion, it couldn't be we all know that you will experience losses in gsmling as well, soemtimes you will not get anything in return, all you have is the debt because you spend too much and you don't have anything now. Gambling can't be taken as passive income I'm sorry, I still treat it as recreational activty.

Man, seriously who does thinks gambling is a passive income? Gambling won't ever and never considered as passive income.
I've read a post in this section before that talks about gambling as a passive income. I was really confused how do the guy considered gambling as passive income?
Because first things first, you won't get profit without analysing how to win your wager, and that alone is an effort to earn money, that's not considered passive right?
Passive income means, the money works itself to multiply without you exerting some effort.
Like rentals.

This is definitely true or onpoint.Passive means you arent doing something and you still make money which we know that gambling does have that activity or you do need to make out bets which means it does accompanied with action which is already out of the said description.
Running household expenses with gambling? This cant be possible and i dont know on why some people does have  that kind of consideration or belief in mind?
Dont make yourself belief or making a fool do believe on things which are definitely not really happening no matter how hard you do try.

[Fundamentals Of]

Gambling alone? My answer is a straight no. Unless if you have won millions in jackpot prize or hit a big lottery money. But if you are referring to the normal gambling routine in casinos and in betting places, I don't think it could sustain a household. Gambling itself is already an expense so how could you run a household with that? In gambling, it is more normal to lose than win. So how would you buy your family's needs if you have been on a losing streak for days?

Winning at gambling is a matter of luck. So anyone can never run a family depending on its luck. Because there is no guarantee that he or she will win any single game. It's always been said that you should maintain your daily essentials and then you should gamble. That's why one should depend on any work and then sometimes he or she can take it as his/her entertainment. But gambling should never be considered as income source.

You could actually have enough money for half a year or an entire year for your family's needs and also an amount for gambling. With that, you could try living with gambling alone. At least with this setup even if you lose for straight days you can still support your family. Other than this, I mean if you are not working and you don't have money outside whatever you could earn from gambling, it is never possible. You can't be lucky everyday. You can't rely your family's meals on luck.

[madnessteat]

^

I am sure there are such people, but they are very few and gambling for them is hard work for which they spend a huge amount of time and effort, rather than entertainment or an easy way to make money.

If a person asks a question whether he can make a living through gambling, then he obviously needs to stay away from it because he does not understand the principles of gambling. I would send such people to study everything about gambling first.

[_act_]

It is acceptable that most of us can't really do this but I take it into consideration that some can do it like they really are living to gamble, born as gamblers.

Some people can think they can live with gambling but later find out that they are wrong after significant losses. Anyone that is thinking that they can make a living with gambling is deceiving himself until he finally realizes that. No one should depend on gambling, it is a game of luck and the luck is more towards the gambling sites. Gamblers should not take their financial life a joke, they should not depend on gambling.

If we're going to analyze it deeper, on the other hand, gambling is a source of income for those that are working in the gambling business. But, since it wasn't the thing that OP is asking about and just plainly as a gambler, I agree that it's hard to make it as a source of income.

You are not right about this, how can gambling be a source of income when there are chances that you are more likely to lose while the gambling sites are more likely to win? Gambling should never be taken as a source of income. Because you make profit from gambling today should not be seen as a good reason to see gambling as a source of income, because it is not reliable.

[Cryptmuster]

But even if it is possible, we will still find it difficult to get a win from gambling because gambling is designed for fun. Winning in gambling is just a bonus for people who are really lucky so never take a risk if you won't be able to afford it, especially if the risk is about using the money for your household needs. But if you feel good at skill based gambling games, you can use the money, but remember that we will not always get lucky and the risk of loss will still be there.

Firstly, you should always separate budgets and never use the money allocated for life for gambling, this can end badly. This already concerns the issue of financial literacy, you need not only to be able to earn money, but you also need to be able to manage it. You need to know what part of the money will be spent, what is set aside, and what can be allocated for a hobby. If there is such an order, then everything will be fine with the money.

[livingfree]

It is acceptable that most of us can't really do this but I take it into consideration that some can do it like they really are living to gamble, born as gamblers.

Some people can think they can live with gambling but later find out that they are wrong after significant losses. Anyone that is thinking that they can make a living with gambling is deceiving himself until he finally realizes that. No one should depend on gambling, it is a game of luck and the luck is more towards the gambling sites. Gamblers should not take their financial life a joke, they should not depend on gambling.

Not all IMHO.

If you haven't seen those actual folks that have made their gambling career well, there are people that really does. Well, for us, we understand that it's not going to work.

Although it may give us a different thought on everyone's idea about how it would go in general we usually see that it doesn't end well for most.