Can Gambling earn someone a living

[death69]

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

Gambling have become a business indeed, just like forex and crypto trading, gambling have become a side hustle for many, and for some, gambling have become like a business they depend on for their livelihood, though i personally do not recommend that anybody should depend on gambling or take it in place of a job, but i just can not deny the fact that i personally know alot of persons here in my area that have no job or business they run or go to, their means of livelihood is gambling, and some of them have been doing really well with it.

This is false no one is making a side hustle out of gambling because most people lose money and do not earn money. If you earned money regularly and a lot of people did too then the gambling sites would change their odds to adjust. Unless you are very good at picking under dog bets you are not profiting in the long run. I like betting because it is fun but I never expect to make a business out of it and I think it is unhealthy to tell people that they can make it a business.

People should enjoy gambling but they should do it responsibility and not expect to make a career out of gambling.

Yo, my homie! I feel ya on this gamblin thang, but lemme tell ya, it ain't no easy money. Some peeps may hit the jackpot, but most end up with empty pockets. You gotta be smart and gamble responsibly. Don't go all in and risk everything, 'cause that's not how we roll. It's cool to enjoy gamblin as a hobby, but don't quit your day job, ya feel me? Keep it real and stay within your limits. You don't wanna end up broke and regrettin it.

[Blitzboy]

Just want to share that here in our country, the Philippines, most professional billiards players here came from scratch and their skills with that sport are their source of living to survive every day's challenges in life. They do gambling with other billiard players and compete. Billiard is a hype sport here and when someone scouted a person having skills in playing billiards, they will consider offering that person to make a partnership under them and that's the start.

Not all our lucky to have that future but it shows that it's really possible to make gambling a living but only applied to skill-based gambling.

If talking about winning big amounts in casino games where the winning amount can change the life of a person, then that's a different story as luck is the only thing that can make it happen regardless of how skilled the gambler is.

Its amazing, right? It's amazing to see how your country's professional players' discipline and dexterity can lead to a satisfying career. I've always believed that gaming is a combination of skill and chance. I'm drawn to bitcoin trading because of this! It's like chess—one must study market movements and act wisely to win.

The sweet smell of triumph, the euphoria of winning big! My dear friend, I've had some unforgettable cryptocurrency trading encounters. A few months ago, I traded a new crypto I had researched for weeks. It was a huge payoff! Within hours, my profit margin increased by over 500%! These times are why I believe in crypto!

Cryptocurrency trading, like billiards, requires focus, patience, and practice, just like in gambling. I keep up with business trends and innovations because of this. It's more than a hobby—my it's life!

[Ulven]

Just want to share that here in our country, the Philippines, most professional billiards players here came from scratch and their skills with that sport are their source of living to survive every day's challenges in life. They do gambling with other billiard players and compete. Billiard is a hype sport here and when someone scouted a person having skills in playing billiards, they will consider offering that person to make a partnership under them and that's the start.

Not all our lucky to have that future but it shows that it's really possible to make gambling a living but only applied to skill-based gambling.

If talking about winning big amounts in casino games where the winning amount can change the life of a person, then that's a different story as luck is the only thing that can make it happen regardless of how skilled the gambler is.

Skill-based gambling such as billiards can indeed provide a source of income for some people, especially if they are able to excel at the game and compete at a high level. It is important to note, however, that even in skill-based gambling, there are risks involved and not everyone will be able to make a living from it.
As for casino games, you are correct that luck plays a significant role and it is much harder to consistently make a living from such games. It is important for individuals to approach gambling with caution and to only gamble with money that they can afford to lose.

[piebeyb]

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.

There is always a risk of every bet that we choose, sometimes it is difficult to get a victory and make money that is really sufficient for daily life, but I have tried to bet for sports it is better than playing casinos, because the risk of casinos is greater than betting on betting Sports, maybe we won't find fixed income in gambling, sometimes we win today tomorrow loses more than what we win today 

[Fredomago]

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.

There is always a risk of every bet that we choose, sometimes it is difficult to get a victory and make money that is really sufficient for daily life, but I have tried to bet for sports it is better than playing casinos, because the risk of casinos is greater than betting on betting Sports, maybe we won't find fixed income in gambling, sometimes we win today tomorrow loses more than what we win today 

Hahaha, that's true! Most of the time what we win from the last time we will lose it or worse, we will lose more. We can't really rely on gambling even we do have good knowledge and we see that we do have edge, but the fact that we are inside gambling and risk will always be there if we don't know how to control and limit our finances.

Those who can make some money might be discreetly playing and they are just doing things quietly to keep their gambling profitable and
enjoyable.

[nimogsm]

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?

I am sure that it is possible to make money on gambling and live only on the profit from games.I know a person who has been playing poker professionally for many years,for him this is both a hobby and work at the same time, he loves what he does.But it took him many years and he also lost big, permanent victories are impossible.

[Plaguedeath]

I consider making for a living is where you can always make money in long term, gambling can make money but it's just only for few times and it's impossible if you're only depends on gambling as your main source. Gambling isn't a long term money making because luck isn't always in your side and there's a chance you will get scammed from fraudulent casino. Not to mention your account might get frozen, restricted or betting limit.

[Cling18]

I consider making for a living is where you can always make money in long term, gambling can make money but it's just only for few times and it's impossible if you're only depends on gambling as your main source. Gambling isn't a long term money making because luck isn't always in your side and there's a chance you will get scammed from fraudulent casino. Not to mention your account might get frozen, restricted, or betting limit.

Gambling can't provide a passive income of can't be a stable source of living because of its risks. It can't provide a guarantee of winning all the time so we can't expect to gain a regular income from it. Most people earn through luck and by skills and strategies but it can't be a continuous source of funds. We can do it as a habbit or for entertainment purposes but it is still better to have a stable income aside from it.

[wiss19]

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.

As far as I know, the amount of the jackpot depends on the amount of your initial bet, so if you are a small bettor, you will most probably win only a couple of hundred dollars even if you hit a jackpot, and the multi-million dollar jackpots are only for high-rollers or VIPs that wager big amounts. So it's basically only possible for a high-roller to somehow be able to get significant profit in gambling.

But at the end of the day, even the high-rollers get crushed by the house edge the casino games have. Imagine a high-roller betting $100,000 on a HI-LO game with a win probability of 99% and they still lose the bet. That's what house edge can do to you.

[Agbe]

I consider making for a living is where you can always make money in long term, gambling can make money but it's just only for few times and it's impossible if you're only depends on gambling as your main source. Gambling isn't a long term money making because luck isn't always in your side and there's a chance you will get scammed from fraudulent casino. Not to mention your account might get frozen, restricted or betting limit.

In probability, there are some guys who gambling every day, and they can make a living from gambling, although they might not win every day but they win every week, there are some times the ones they win once can cover the expenses of the week, and if probably he wins twice a week then he has nothing to worry about. And in real sense, it will be very hard for someone to make living from gambling. As you said, account suspension and other things are always involved in the gambling platforms.

[cafter]

every experienced person said that 90% on the people in gambling lose money which is right,
gambling can earn someone's living if he can control mind and emotions, which is very hard to do,
if he knows when to stop and quite gambling,
and he has edge or he is a skilled person in games like poker,other card games in which he can have edge.
it can be possible in sports betting , if you have a great understanding of that specific games,
you know what players are best and something that kind of knowledge.

i suggest these two videos:
https://www.youtube.com/watch?v=hpV_5rXJn64
https://www.youtube.com/watch?v=IQpkD73TN-8

[virasisog]

I consider making for a living is where you can always make money in long term, gambling can make money but it's just only for few times and it's impossible if you're only depends on gambling as your main source. Gambling isn't a long term money making because luck isn't always in your side and there's a chance you will get scammed from fraudulent casino. Not to mention your account might get frozen, restricted or betting limit.

In probability, there are some guys who gambling every day, and they can make a living from gambling, although they might not win every day but they win every week, and there are some times the ones they win once can cover the expenses of the week, and if probably he wins twice a week then he has nothing to worry about. And in a real sense, it will be very hard for someone to make living from gambling. As you said, account suspension and other things are always involved in gambling platforms.

Those who win that way can also lose everything they have in a single week if they can't manage the risks especially if they are compulsive gamblers. Yes, anyone can make money from gambling but we can't rely on our daily living on it. In terms of stability, gambling can't be a reliable source of income. If we will rely on our luck to survive our daily or weekly expenses, we might only end up losing everything we have because of chasing our losses because of too much hope to make money. Those who win consecutively are also those who are risking a huge capital in gambling. We should not disregard that gambling is risky and not everyone can be lucky with it.

[Jawhead999]

If someone can make a living through gambling, the casino site will be bankrupt because there's a lucky gambler who can always make money. But as we can see many casinos become more bigger and bigger, which mean there are a lot gamblers are experienced losses. Don't believe what the streamer or a gambler saying if he's living from gambling, he might get endorsed by the casino and get paid for doing that.

[Yatsan]

There are people who really managed to do so. Perhaps lottery winners who were able to flip their financial status in an instant. OmOn the other hand, there are many people who have lost that much from gambling. This simply says that gambling is not for everyone and also, it is never an easy way to do simply because it is one's fate which would be the deciding factor.

On my end, even if I am aware that there's this family of a friend of mine who managed to win 2x on lottery. But this simply does not oush me to engage as well. Gambling is simply allowing people to earn but without ease. If you are unlucky for a particular day, then nothing will change. There are indeed people who uses gambling as their source of income, but try asking them if things are sustainable. So better be mindful and cautious of your actions in gambling.

[Wexnident]

I wouldn't call it impossible since there are probably a few people who won big (and who weren't dumb) that were able to live the rest of their lives solely with that winning. Now if it were solely like a constant thing, like a job, say a professional player, then yea, they exist, but they're in the minority and they probably have a LOT of side income say from promotions, sponsorships, etc, kinda like the typical eSports player where they not only get money from tournament winnings but also a LOT of side stuff.

I wouldn't recommend it to your average person though. You'd probably need to already have a sizeable amount of money in your hands that could let you live comfortably for the rest of your life before even trying to attempt. It's just that costly.

[AicecreaME]

Yes, gambling can earn someone a living if you are very good at it and very lucky at the same time.

But it's really a risky move if you will pursue gambling as your main source of income because there isn't a guaranteed profit in gambling. You'll always have the risk of losing because it's a game of chance and strategy. If you don't possess the knowledge and skills needed for gambling, then I suggest that you don't try to go for it because you might end up losing more instead of winning.

In gambling, there's no safety net unlike working in a corporate world. The monetary profit isn't secured and there will be days where you will not generate big amount compared to other days. So you must really assess whether you could handle the stress that might come alongside with it or not. There are pros and cons which you need to weigh repeatedly before arriving at a decision you won't regret hopefully. But personally, I wouldn't risk it because I want a stable income that will make me financially independent.

[maydna]

I consider making for a living is where you can always make money in long term, gambling can make money but it's just only for few times and it's impossible if you're only depends on gambling as your main source. Gambling isn't a long term money making because luck isn't always in your side and there's a chance you will get scammed from fraudulent casino. Not to mention your account might get frozen, restricted, or betting limit.

Gambling can't provide a passive income of can't be a stable source of living because of its risks. It can't provide a guarantee of winning all the time so we can't expect to gain a regular income from it. Most people earn through luck and by skills and strategies but it can't be a continuous source of funds. We can do it as a habbit or for entertainment purposes but it is still better to have a stable income aside from it.

Gambling will only defeat those who cannot realize that gambling is entertainment. Every time a person tries to win one game, he can lose his money, and even if he tries again, the result will probably still be the same. But if he can get lucky, he can earn money from gambling but that luck will not come every time he gambles. Therefore, we don't need to think about making money from gambling because it will never be easy, and there is no guarantee of how much money we can get, but all that remains is defeat. But we can use gambling as entertainment fun, and we should treat gambling like that so we don't experience big losses.

[MaterialMouse69]

Just want to share that here in our country, the Philippines, most professional billiards players here came from scratch and their skills with that sport are their source of living to survive every day's challenges in life. They do gambling with other billiard players and compete. Billiard is a hype sport here and when someone scouted a person having skills in playing billiards, they will consider offering that person to make a partnership under them and that's the start.

I think it's still based on your talents and skills. And I think you're referring to Efren Bata Reyes which is known as billiard master here in the Philippines. He won a lot of prizes and tournaments worldwide and also became famous! Therefore I must say that gambling also can be used as living if only you are either good or pro even better. But if you're depending in luck in the world of gambling? You won't survive bro.

[bitzizzix]

There may be but they are few and far between, and most of them have some other source of income apart from gambling.
even if anything, they need to ensure that they play in a responsible way that doesn't negatively affect their life or finances. And they also often experience defeat and of course they will stop when they get a win, and don't continue the game because they know it's just a trap in the end they lose everything. And few do this because they gamble responsibly and stop at the right time and also play disciplined and emotionless.

[leonair]

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?

If you make profit 3x from your main capital It will make you more greedy and take away 10x from you at one time.  And at some point you will lose it all. So one should not become addicted to gambling and one should not consider gambling as the main source of money for his living.  Then his life will be spent in hardship. Because Gambling is a terrible world where once he gets firmly attached he will lose everything in his life

I consider making for a living is where you can always make money in long term, gambling can make money but it's just only for few times and it's impossible if you're only depends on gambling as your main source. Gambling isn't a long term money making because luck isn't always in your side and there's a chance you will get scammed from fraudulent casino. Not to mention your account might get frozen, restricted or betting limit.

Yes, Gambling will never give regular profits.  And there is no guarantee that a gambler will always win. So gambling can never be one's main source of income. Therefore gambling should be used as a place of fun rather than as a profession