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Author Topic: Can Gambling earn someone a living  (Read 872 times)
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March 06, 2023, 10:41:45 PM
 #121

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 .
That was then, but now it has become a cash cow for the government and the entertainment portal of the rich and famous, we can say that gambling now is elevated because of the money generated for the government, and some of its patrons are the rich and famous


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

Only the government and the operators can, but for gamblers, they have to rely on luck to make a profit but not something to make a living out of it, others who can make money from gambling are workers and some companies that rely on the gambling industries, like the food caterer and entertainers for physical casinos.

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March 06, 2023, 11:21:57 PM
 #122

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 .
That was then, but now it has become a cash cow for the government and the entertainment portal of the rich and famous, we can say that gambling now is elevated because of the money generated for the government, and some of its patrons are the rich and famous
Even now the scenario is different, there is not much of positive things about gambling. People always see it something a crime because of few incidents that have happened around the locality. Even now almost everyone wants to have their gambling activities to be hidden from others. Not because of they win/loss, but to avoid the term he's a gambler.

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

Only the government and the operators can, but for gamblers, they have to rely on luck to make a profit but not something to make a living out of it, others who can make money from gambling are workers and some companies that rely on the gambling industries, like the food caterer and entertainers for physical casinos.
As said, governments and the Gambling platforms make good money. Very limited number of people are there to have a life out of gambling. Here the important thing lifestyle won't be stable, we can see variation depending on the winnings made.

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March 06, 2023, 11:59:21 PM
 #123

We can earn a living from gambling depending on how we do it. If we are good at what we do, we are going to make money from it but we are only a mere gambler that do not have good understanding about how we gambler and how we are meant to gambler, we will be making tiny profits from gambling. Gambling is all about logic and strategy for us to keep making money from gambling platforms.

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March 07, 2023, 02:02:08 AM
 #124

If you are a professional gambler, then gambling could earn you a living. But if you are only a gambler like the majority of us, I don't think it could be enough to support yourself and your family. There are many professional gamblers out there who are focused mainly on their game. But they have sponsors and allowances. For an ordinary person without any other source of income but the prize that one could earn from gambling, it is impossible to solely rely on it. No gambler is winning all the time.
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March 07, 2023, 02:40:38 AM
 #125

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 .
Am not sure where did you get those points that i believe depending in which person you are talking because those people that has open mind will never have this kind of looks towards gambling.

this is a business and people here are dealing with their own funds.


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But in this present world now gambling is seen as a business which both young (+18) and old part in which in the old times gambling was base most times about money wasn’t base on sport but now is modernize into different kind of sport that why in west Africa there are so many gambling and betting companies because is been accepted by the public now as a medium of making extra cash basically gambling to me was for men but now you can see woman parting in gambling games which everyone in that habit believes each day he/she must make more returns than he/she has spent to stake just as an entrepreneur knows that risk management of any business he/she is operating,a gambler knows that their is high risk in every stake but their believes so much in good future that good must always come by that no matter the amount a gambler loses believes his coming will earn that triple times .So my question now is that can someone use gambling as a means of earning living?
even in the past? gambling is money making place either for the Owner or for the gambler but of course it is always the owner who win against players.

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March 07, 2023, 04:39:56 AM
 #126

We can earn a living from gambling depending on how we do it. If we are good at what we do, we are going to make money from it but we are only a mere gambler that do not have good understanding about how we gambler and how we are meant to gambler, we will be making tiny profits from gambling. Gambling is all about logic and strategy for us to keep making money from gambling platforms.
But it is not easy to make a living from gambling and it takes a lot of things so we can earn money from gambling.
And not many people have succeeded in doing it, while many others have failed and many even ended up bankrupt by losing all their money.
Those of us who are only small gamblers should use gambling to have fun and look for other ways to make a living.
But gambling is a place that can tempt people to keep using their money to try to get that big win.

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March 07, 2023, 04:48:57 AM
 #127

So my question now is that can someone use gambling as a means of earning living?
yes, someone can use gambling as a means to earn for a living, but it is not for everyone. you might see people earning for a living through gambling but they are just a very small percentage among all the people who tries to earn for living through gambling. if you are planning on trying to earn through gambling, I suggest yo think it through.
For anyone that could make a living out of gambling is buy a bachelor in the sense that I don't see a family man with responsibilities from all sides that would depend his source of living on gambling, a route of exercise that is unsure and unreliable.
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March 07, 2023, 05:10:33 AM
 #128

So my question now is that can someone use gambling as a means of earning living?
The answer is someone can but that's very hard thing to do that. The thing that must noted is if you shall not be greedy once you get ince profit from doing something like online betting or casino. There was a guy who has posted an amazing earning from did gambling. he said that if he was also able making some investment in some real estate due to his money from gambling. You can take a look at this https://bitcointalk.org/index.php?topic=5441169.0

that will give you a very good example about when the right gamblers doubled or more his money.

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March 07, 2023, 05:35:10 AM
 #129

I think its possible but it's also very unstable way of making a living. Obviously if you are already rich guy and gambling for money, losses wouldn't hurt you at all. Meanwhile if you win a lot you can make your bills free in a way. But for a person working full time? I would say nah. Working people need to generate money every month (or week) to stay alive. That kind of person can't focus on regular aspects of gambling.
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March 07, 2023, 07:01:56 AM
 #130

~snip~
Gambling is a game of luck. As a salary earner, you are sure that at the end of the month, money in coming into your coffers but that's not true with gambling. Gamble shouldn't even be seen as a side tussle or part-time job nobody should see it as a source of income. You can plan with a low-paying job but you can never plan with gambling. You can win the everyday day for one week and win nothing for three years. If you plan or depend on gambling for a living, you have ended up handing your future over to luck and chance.

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March 07, 2023, 07:06:50 AM
 #131

I think its possible but it's also very unstable way of making a living. Obviously if you are already rich guy and gambling for money, losses wouldn't hurt you at all. Meanwhile if you win a lot you can make your bills free in a way. But for a person working full time? I would say nah. Working people need to generate money every month (or week) to stay alive. That kind of person can't focus on regular aspects of gambling.
Even though he is a rich man, he still might find it difficult to get money from gambling because gambling has two choices: winning and losing and most people will experience defeat rather than victory.

It's still better for people working from elsewhere to earn a living and have money. But I don't think it would be recommended if he thinks he wants to make more money gambling using his salary. Maybe he needs to manage his salary well and have some free money that he can use to gamble and maybe it could be better that way. But when he has interacted with gambling, he must realize that gambling can have the effects of gambling addiction.

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March 07, 2023, 07:34:14 AM
 #132

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

No I don't think that the average gambler can use the money he makes from gambling to earn a living. The major problem in my opinion is that gambling income is not reliable. All the casino games we play have a house edge that prevents us from finding a profitable strategy long term. To make money consistently in gambling we would need to be lucky consistently, which is not going to happen. Every gambler is going to have a losing streak eventually, and if we depend on the money from gambling we are in big trouble. That is why I wouldn't recommend anybody to use gambling as their major form of earning money. Gambling should be looked at as a potential bonus we can make at the side, in case we get lucky and hit the jackpot.   
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March 07, 2023, 07:47:12 AM
 #133

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 .But in this present world now gambling is seen as a business which both young (+18) and old part in which in the old times gambling was base most times about money wasn’t base on sport but now is modernize into different kind of sport that why in west Africa there are so many gambling and betting companies because is been accepted by the public now as a medium of making extra cash basically gambling to me was for men but now you can see woman parting in gambling games which everyone in that habit believes each day he/she must make more returns than he/she has spent to stake just as an entrepreneur knows that risk management of any business he/she is operating,a gambler knows that their is high risk in every stake but their believes so much in good future that good must always come by that no matter the amount a gambler loses believes his coming will earn that triple times .So my question now is that can someone use gambling as a means of earning living?
A lot of people have testified about losing everything to gambling because they don't gamble responsibly, but some people gamble for fun and don't just lose everything, some people go into the depths of huge sums of money. The driving force behind all gambling is greed and the need to always win, however, those who believe that gambling has a purpose in life are only leading themselves to destruction. the best thing is not to be addicted, playing for fun is not bad at all.

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March 07, 2023, 07:53:40 AM
 #134

Actually, people can make a living by gambling but it is very difficult. A man who gambles can never go through his life comfortably. But now people can earn a bit more than before as the gambling section is updated. However I never take this gambling category as good. Because gambling leads people to destruction. Those who enter here may prosper temporarily, but later they have to live a very difficult life.

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March 07, 2023, 08:34:07 AM
 #135

Actually, people can make a living by gambling but it is very difficult. A man who gambles can never go through his life comfortably. But now people can earn a bit more than before as the gambling section is updated. However I never take this gambling category as good. Because gambling leads people to destruction. Those who enter here may prosper temporarily, but later they have to live a very difficult life.
Well I understand the reason why you feel gambling leads to destruction but I can tell you that its only for irresponsible gamblers or those who see gambling as a get-rich-scheme, where they can escape the current situation of their problems in life by fantasying or chasing of a very massive win in gambling that can actually elevate them. Here in Nigeria they are lots of folks I have come across who actually feel they can make it through sports betting by getting that massive win but in many cases have all ended up gambling more than what they don't have. I personally feel that the act of gambling is for rich and comfortable folks who already have the money and just want to feel the rush of adrenaline when you have actually won. Gambling can be also be a life changer too for some people since it's under the base of how lucky you are, some gamblers just go out and flip their cash on different parley option hoping to secure a massive win which actually worked for some people but that's the whole aspect of luck you never can know if it will also work for you as some gamblers have been chasing the big win and this chase has lead them to destruction of their life as they will eventually become addict to the act.

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March 07, 2023, 08:35:23 AM
 #136

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...
what a loss, he'll recover that am sure about he just has to be careful and not give up, gambling is a win or lose investment. He'll certainly bounce back better than before with strong determination.

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March 07, 2023, 08:37:42 AM
 #137

I think its possible but it's also very unstable way of making a living. Obviously if you are already rich guy and gambling for money, losses wouldn't hurt you at all. Meanwhile if you win a lot you can make your bills free in a way. But for a person working full time? I would say nah. Working people need to generate money every month (or week) to stay alive. That kind of person can't focus on regular aspects of gambling.
We can't totally disregard that there are some people that are into gambling fully as a career, but such people are so few in society. The risk of solely depending on gambling is too high, especially if the person is responsible and has families to consistently take care of.

Unless anyone doesn't have a choice, the best approach is to gamble while you have your real job, after all, if riches come from there, it will only be an added advantage.

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March 07, 2023, 08:56:45 AM
 #138

So my question now is that can someone use gambling as a means of earning living?
Yes, you can make a living from gambling. Even though most cases occur in the midst of society, on almost every occasion the gambling house always wins. You have to be a smart gambler if your goal is to gamble for a living, when luck is coming your way, don't force it to get more. Stop playing for a while, then put some money aside to take home. You have to be able to control your emotions when you are losing and don't be greedy when you are winning.

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March 07, 2023, 09:00:34 AM
 #139

As we know that there are not save bets in gambling, gambling is risky, then we cant draw parallels between gambling and stability. Personally, I wont feel comfortable if the word instability will be somewhere near my living. It wont be a living, it will be more a survival.

Of course, if a person has earned a lot in his past, does not need much now (food, not cares much where and how he lives and dresses), then he might gamble to support that minimum he needs. But imho gambling and living is a one-way ticket.

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March 07, 2023, 09:12:00 AM
 #140

If you are a professional gambler, then gambling could earn you a living. But if you are only a gambler like the majority of us, I don't think it could be enough to support yourself and your family. There are many professional gamblers out there who are focused mainly on their game. But they have sponsors and allowances. For an ordinary person without any other source of income but the prize that one could earn from gambling, it is impossible to solely rely on it. No gambler is winning all the time.

There is nothing as being a professional when it comes to gambling, it is pure luck and skill that can help you, and what you earn depends on the odds(risk) and the amount you stake/wager for the players who used Bookmakers and multipliers and amount who do casino games. You can increase your wager with little odds(low risk) and gamble or put a small amount with high odds(high risk) but as I said, this depends on your luck and skills. I have seen people trenches who are not professional, just luck and skill make them becomes a millionaire overnight and also people who stake a high amount to win something huge with small odds.

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