Can Gambling earn someone a living

[Betwrong]

~ So my question now is that can someone use gambling as a means of earning living?

Of course. We have many examples of sports bettors and professional poker players who earn good money from their gambling. And don't forget about people winning Lottery Jackpots. Yeah, they do exist. So, the answers is yes, someone can. The thing is that the probability of you(or me) being that "someone" is extremely low. It's about one in a million chance of us to be so lucky, or, both, lucky and skillful in the case of poker and sports betting. That is why it is more rational to not count on that and use gambling only as entertainment.

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[Oasisman]

On before now gambling was seen as a dirty habit and was painted black in the society because way back the society believes any gambler have so many bad habits too like doing drugs which most gamblers was mafias not just mafias but rich people .

This was the effect of the movies where they portrayed villains as gamblers, drug dealers, all sort of criminal junkies, but in reality, you can't see any of those in a casino. Those were just a stereotypical views towards gambling.

So my question now is that can someone use gambling as a means of earning living?

Absolutely NO. You'll gonna end up broke 100%. I mean you can use gambling as a means of living when you own the business, but when you are the gambler? That's a big NO.
You will gonna win and lose in a daily basis, when you're trying to make a living, that only means one thing, be productive and earn daily, that's not something gambling can offer you though.

[EarnOnVictor]

I won't advice someone to just depend solemnly on gambling to make a living, even those professional gamblers sometimes do experience some hard times not to talk of those that are just getting new to the industry or those that are addicted to gambling.

I'm with you on this, to depend solely on gambling shows a sign of irresponsibility of that person, gambling will remain gambling, it's not a job, and in the future when you don't have the strength or psychology for it again, can it serve as a pension?

For those that believe in gambling, there will be challenging times that will make them really broke, so it's not worth it. But this does not stop anyone to start from gambling, and if that is a success, a good business or investment should be planned with the income rather than relying solely on it.

[maydna]

I think some people can use gambling to make a living but not many can because there are a lot of requirements that people have to have. They must be wise every time they gamble, be able to control themselves well, and not be tempted to gamble beyond their limits.

That is very difficult because after we experience playing gambling, we will feel that the temptation of gambling is very big and can make us forget ourselves. In addition, we might be able to catch up with the next victory after we win, which can cause us to experience losses even until our money runs out. But those who have that specification will not be affected and can even control themselves well.

[alastantiger]

So my question now is that can someone use gambling as a means of earning living?

There is no YES or NO answer. I would rather say it depends because someone might be lucky to win big in his first gambling that it could change his life. I have seen someone who gambled not his first time though but he is new into gambling, he won over $1000 he was smart enough no invest with his money and i tell you today he is doing absolutely fine. But to some people reverse is the case. I have seen people loose everything they have even their life savings in gambling. So gambling can earn you a living and on the other hand it can ruin your living.

[BobK71]

I think some people can use gambling to make a living but not many can because there are a lot of requirements that people have to have. They must be wise every time they gamble, be able to control themselves well, and not be tempted to gamble beyond their limits.

I don't know if anyone can actually make a living through gambling. Moreover, we cannot generally conduct gambling as a means of livelihood. Because gambling can be an uncertain income and expense. There is a certain amount of money required to live there which cannot be obtained from gambling. But there are big winnings or jackpots from gambling. With which man can spend his whole life if he wishes. But there is no chance of regular income from it. Because this is a game of uncertainty.

[Shinpako09]

It is possible but not highly recommended. If you are trying to make a living from gambling, then you are on the wrong path. Not all are extremely lucky and the chances of someone being one of them are very slim and the chance of being the opposite is very high. Now, if someone will try to depend only on luck to make a living, it's either they are desperate or they need immediate help, mentally, or maybe they are just too lazy.

[FatFork]

I suppose it is possible for some professional gamblers to earn a living through gambling, but it is a high-risk activity that requires skill, discipline, and years of practice. They typically have a deep understanding of the games they play, a solid strategy, and minimize their reliance on pure luck, instead relying more on their skill.

However, it is important to note that the vast majority of people who gamble do not make a profit, and instead, end up losing money. For most people, gambling should be approached as a form of entertainment rather than a means of making money, and always done responsibly with limits in place.

[xSkylarx]

When you say gambling, most of the older people that you've talked to will tell you that it is illegal and dangerous, as you are right, a lot of rich people like drug kingpins are there playing, so you should avoid it, and over time, because of the advertisements and social media, the reputation is getting better and they are showing off this as it can change the lives of others from poor to rich, but I would say it is about luck, so it is not a sure-win scenario that you can live with, so it is not stable that you will earn this money the following month, but there are really wealthy gamblers that make a living from it.

[Reid]

I won't do that if I were you. Get a job, that's work. Making a living out of gambling will be an inconsistent thing in your life. Imagine losing one day and you cannot even feed yourself because you are reserving what is left to gamble it again the next day. Also, you might get buried with loans on this kind of action and the interest rate won't make you happy when you see it. Then, when you start to have a family, what will you tell your kids? There's a chance they will copy whatever you are doing. I am not saying it's wrong but if you are successful, it could be different for them.

[Yamifoud]

Two years ago my best friend had saved $5000

He earned around $9000 in a year with gambling.

Last year he lost $12000 with gambling.

Now he is in debt!

I think you know what I am saying...

I can relate to this because of a story from one of my friends.  He is actually working hard and performing so well on his job while he is not involved in gambling. Unfortunately, he got changed when got addicted to gambling and the sad thing is that he tried to use the money from his company just to sustain his gambling life.

Might some gamblers do gambling and make this as a source of income (perhaps they are too lucky) but the majority make their life hard and are full of debt.

[arwin100]

Two years ago my best friend had saved $5000

He earned around $9000 in a year with gambling.

Last year he lost $12000 with gambling.

Now he is in debt!

I think you know what I am saying...

I can relate to this because of a story from one of my friends.  He is actually working hard and performing so well on his job while he is not involved in gambling. Unfortunately, he got changed when got addicted to gambling and the sad thing is that he tried to use the money from his company just to sustain his gambling life.

Might some gamblers do gambling and make this as a source of income (perhaps they are too lucky) but the majority make their life hard and are full of debt.

Sometimes winning on their first bet can make them realize how easy to earn money from gambling and they think that they can earn a living there for just continue betting. But sad to say other go into their worse chapter in life and get addicted for what they think easy money earning to them.

Unfortunate for your friend that no people around him give an advice about stopping on what he currently do since if he's relative just give attention and show how concern they are about his future for sure he will not go into addiction and get a miserable life.

[len01]

So my question now is that can someone use gambling as a means of earning living?

gambling is a place of entertainment or a place to have fun, not a place to multiply money or to get a steady income.
uou should know that bookies will always win and gambling establishments were founded by someone to be one of the profitable businesses and no casino wants to lose. so how is it possible for a gambler to make a living from gambling when the bookmakers also want profits?
so wherever you are the gamblers will always lose in gambling because the dealer will definitely win.

if you think gambling can be for profit or regular income, that is a bad understanding.

[swogerino]

I won't do that if I were you. Get a job, that's work. Making a living out of gambling will be an inconsistent thing in your life. Imagine losing one day and you cannot even feed yourself because you are reserving what is left to gamble it again the next day. Also, you might get buried with loans on this kind of action and the interest rate won't make you happy when you see it. Then, when you start to have a family, what will you tell your kids? There's a chance they will copy whatever you are doing. I am not saying it's wrong but if you are successful, it could be different for them.

This simply does not work in the long term no matter how smart of a guy you are.Even if you play on sport betting where you read a lot of news,analysis and site predictions for the event you want to bet and you think that you now know it all,guess what,the referee with one or two suspicious decisions can blow your plans up in the air and you are back at point 0,point of start.When you don't win in sport betting you of course can never win in slot machines as they are programmed to benefit the casino over time and that is why they have an house edge usually 3-4% which is guaranteed profit for the casino.

Bottom line,you can never make a living from gambling unless you hit a multi million dollar jackpot.

[Yogee]

"Can" so that's definitely a Yes answer but maybe 1 out of 100 or even 1000 gamblers is earning a living from gambling. Some people are smart enough to incorporate other things into their gambling habit like getting sponsorship and affiliate deals. They are not earning 100% from playing but they probably get more out of those companies or brands that they partner with.

..... while others end up bankrupt and in debt

Unfortunate as it may be but some people also ended up dead with gambling as the major cause.

[noormcs5]

"Can" so that's definitely a Yes answer but maybe 1 out of 100 or even 1000 gamblers is earning a living from gambling. Some people are smart enough to incorporate other things into their gambling habit like getting sponsorship and affiliate deals. They are not earning 100% from playing but they probably get more out of those companies or brands that they partner with.

Even that one person out of 100 is not earning a regular income from gambling, He might be the one who has won a big jackpot and that has changed his life. There are very few people who win jackpot in gambling and as a result, they change their life style. We cannot call this as someone earned a living with gambling.

..... while others end up bankrupt and in debt

Unfortunate as it may be but some people also ended up dead with gambling as the major cause.

Yes, if you do not follow money management, and also have no control over your emotions, a bad win may make you lose your heart and if you put your life saving into gambling, then you might suicide after losing everything.

[Beparanf]

So my question now is that can someone use gambling as a means of earning living?

No. Gambling is designed for entertainment purposes only and not as a financial instrument to get stable profit. Gambling is a game chance which the chance rate is in favor with the house so you will lose at the end no matter how good you are in gambling ergo it’s not suitable to use for earning a living.

I knew someone getting huge profit on gambling but they are losing big time too at some point of their game because of the house edge that will take effect the longer you play.

[JooBra]

So my question now is that can someone use gambling as a means of earning living?

No. Gambling is designed for entertainment purposes only and not as a financial instrument to get stable profit. Gambling is a game chance which the chance rate is in favor with the house so you will lose at the end no matter how good you are in gambling ergo it’s not suitable to use for earning a living.

I knew someone getting huge profit on gambling but they are losing big time too at some point of their game because of the house edge that will take effect the longer you play.

I totally agree with you. Gambling is only for fun and nothing more. There are people who trick the system and live by it. Those are not gamblers but people who are in win win situations. Those are the ones who are mistaken like someone who lives from gambling.

[coin-boss]

Working soon two decades for a serious and legally licensed Casino (not mine) and also playing myself for testing and some fun I really doubt from gambling its impossible to make a steady living, the house edge is always there the house always wins in the long term which is what consistent earnings would be but they simply aren't when it comes to Casino.

I could see an exception as a professional Poker Player whereas i.E for Texas Hold 'em the chances dealt with the Cards (Hands) your gameplay and strategy can favor you its more than a simple calculation like casino games are. I mean it still is but as a Player, you can add flavor, and no you can't do that on Casino games.

I see Sports bets, gambling, and Casinos as forms of entertainment like going to the movies in my case I pay a couple of euros per month to Blizzard Entertainment for their famous MMORPG and there I can't even win any money. I get a chance to win purple Pixel armor after killing a Raid boss but again broken down to what this is its also that's the same sort of entertainment, just with a fixed price.  

[skarais]

So my question now is that can someone use gambling as a means of earning living?

This is the most common question, but it's only natural because gambling behavior tends to vary from gambler to gambler.
There are times when someone gambles for fun, that's the reason when they have lot of money that maybe it won't get them into trouble when they lose. While most gamblers generally gamble for money, they look to gambling as means of making quick money, but in the end losing only tends to make them worse.

But if you ask gamblers, then in fact you will not get definite answer about what their goals are for gambling. I'm sure some will lie about the goal, but in most cases, earning money is the goal.