The journey of successful business man who were professional gamblers

[BitcoinPanther]

Gambling has no doubt birth many professionals and millionaires in gambling and those people have find gambling to be their reason for a change of status in life, they are part of the world rich businessmen in the financial economy and yet performing well in gambling today  and maintain being rich all because they know their moderacy and have invested big on other profitable assets that sources them money to always use in gambling aside from those having their own gambling website after tasting it to be a good source for making business.

The same way gambling creates lots of broke and broken family.  There is always a pro and cons in gambling.  What matters is the action of a person right after when he got lucky gaining huge amount of money and put it on a business venture.

While other businessmen take gambling as form of recreational activity, others develop interest in entering competitions and challenges making them veterans and professionals.  It is always a good sight to see successful people in the gambling industry, if there is something in gambling we need to learn, we can just look at these successful people gambling history and activities and learn from their success and failure.

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[passwordnow]

They reached their dreams because they are risk takers and they have strong characters not to be compulsive gamblers and become successful in two fields, it's not easy you need an exceptional character to be a successful gambler, businessman, and philanthropist.

Some of the names that are on the list are people who create fortunes in the gambling industry, they are gamblers who understand that if you want to make it big in the gambling industry, owning a casino or launching a business or something related to gambling is the key because you are the winner here while a gambler is the one struggling to win.

True to that. Being a successful gambler and as well as a businessman really conflicts with both activities. There have been business people that have made their good lives worst because of gambling. But just like these people, if they've made themselves for the betterment of their lives and still kicking asses in gambling, they know what they're driving to and what they've been doing and not to commit a mistake because it's a mind game for them and not to be controlled by being compulsive. There are gamblers also that have that thinking that just one big win and they're out and gonna make a business.

[iv4n]

...
If one tries to change the destiny he may succeed or fail but he may get a result. But there are many people in the world who only dream inactively without taking any initiative.

But one should keep in mind that gambling is a risky platform. As there are lot of histories of victory, there will be defeats as well. Use gambling money as much as you can afford to lose.

If you don't try you will never know. I believe you are right when you say that many people dream inactively, but when we are at a win/lose ratio of people who dared to try a majority lose for sure. On one success story, we have hundred if not thousands of stories with the bad end.

It's like that with gambling as with many other things in life. There are no rules or universal definitions/answers, we are playing with what we have, sometimes against the odds (some people are aware of that and some are not) and we bear consequences for every bad move we make.

I like to read about guys/girls who had luck, who beat the odds sort of speaking, but it's not like all of us can do the same one day. Even thou I try I still can't hit that max win on any slot! 8 years and counting...

[Lanatsa]

well, these business man can afford to play and probably they will not share a (huge) loss to public audience.
sake of curiosity, did anyone of these has been able to build a business just from revenue earned with gambling? if yes, how big was initial stake for betting ?

Very common for us to see about these huge wins and stories of success out of gambling profits but its true that huge losses is unlikely or rarely to be shared up in public.
Of course they will really be that be focusing into those hits and it is really some sort of making themselves to be popular.It is true that we dont really even know
on how much they do honestly put up on building up the business and how much money they do put up in stake. We dont even know on how much
they had lost everall.

And those stories of large losses certainly will be a lot. And yes, a lot of them haven't been heard.
For these successful people, they know how to handle themselves that made them survive in this business.
Because if you don't know where to channel your winnings, you will likely end up broke or bankrupt.

Based on their success stories, it's obvious that self discipline and focusing on our goals is too important. If they have a better source of funds to gamble, they could actually gamble most of their lives but they still manage to control themselves and didn't have gambling as the center of their journies. It means that a gambler can still be victorious if he knows how to handle himself and still focus on reaching the success that he wants neither in business nor in his career.

Its all about sustain!

Business owners and successful ones are pretty aware of their expenses on which they wont really be tending on engaging with gambling for long time if they cant be able to sustain.
We dont have the idea on how much they had spent on gambling but we know that they arent that fools on spending like a mad man and wont be minding about those risks.
They are experienced ones and its impossible that they arent aware on what are the probabilities.

[DoublerHunter]

Gambling is a very profitable thing to engage in if done responsibly. Gambling has indeed made many men rich and it is still making even though most people are loosing in it. But I think that those that are making much money or already made much money from gambling are those who are favoured or those who never chased losses. It takes a lot of strategies to be a professional gambler. As a wise gambler, the moment you win big in gambling, the best thing to do at the moment is to use the money you won in gambling and invest. You can still be gambling but let it be that you have another source of income and an investment also.

These men even after winning, did not let gambling completely take back all the money that they have won by still keeping their gambling behavior under control. I am sure that they did not think that since they have won big amount, they now have more money and the luxury to gamble with some more money or increase the number of times they gambled. They were able to stay disciplined to maintain their gambling habits and the sometimes even reduce it, it is why they are successful. There are gamblers that made money, started businesses as investments, but the same business crumbled due to them not being able to control themselves and the gambling behavior. That is a terrible story to have as a businessperson.

^Definitely right, it should there be discipline and control to maintain healthy gambling habits and avoid the pitfalls that come with addiction.
I have heard so many times that there are gamblers who have made money and end up losing it all due to their inability to control their behavior. This is a cautionary tale for all businesspeople out there to be mindful of the impact of their actions on their finances and business ventures. I think exercising restraint and seeking help when necessary to avoid falling into the trap of compulsive gambling. Those people shown in the OP probably can afford either it will win or lose.

[crzy]

They reached their dreams because they are risk takers and they have strong characters not to be compulsive gamblers and become successful in two fields, it's not easy you need an exceptional character to be a successful gambler, businessman, and philanthropist.

Some of the names that are on the list are people who create fortunes in the gambling industry, they are gamblers who understand that if you want to make it big in the gambling industry, owning a casino or launching a business or something related to gambling is the key because you are the winner here while a gambler is the one struggling to win.

Many says if you can’t beat the system, you will create your own system and this is how they ended up owning their own casinos, I wonder if they are still gambling to other casinos. This should be the goal of every gambler, but of course this is not an easy goal because it will take a lot of sacrifices and needs a lot of luck. There’s no assurance in gambling, you still need to look for other source of income so you can start your own business, and with this for sure some of then started somewhere before having their own casinos.

[Frankolala]

Gambling isn't something because most successful people are gamblers,the difference is that they have a goal in their heart to achieve,which makes them stay focus and use any money that they win from gambling to chase their dreams.

If you don't see gambling as a means of surviver just the way some of us are,or you don't keep on gambling and gambling all your wins,you will see it that gambling money can be invested. The problem with some gamblers is that they think that any money won in gambling should be used for gambling. I have a friend that won big in gambling and he invested the money into business. He no longer gambles but his business is still flourishing.

[carlfebz2]

Gambling isn't something because most successful people are gamblers,the difference is that they have a goal in their heart to achieve,which makes them stay focus and use any money that they win from gambling to chase their dreams.

If you don't see gambling as a means of surviver just the way some of us are,or you don't keep on gambling and gambling all your wins,you will see it that gambling money can be invested. The problem with some gamblers is that they think that any money won in gambling should be used for gambling. I have a friend that won big in gambling and he invested the money into business. He no longer gambles but his business is still flourishing.

Gamblers on the sense that they have risks their money to make investment and make business for them to have the chance on earning or getting streams of income.We know that the risks involved isnt something a joke.It did really just turn out that the waves had able to go along on what they had wished and targeted out on which they do able to make themselves successful, not all people
could able to achieve such manner and this is why they are cherishing the money that they have able to gain out of those risk taking decisions.Now that they are involved literally
with gambling then this wont really be a shocking thing anymore if we do speak about risks.

[Yatsan]

The thing here I guess is to not limit oneself in gambling alone. Also, some of the big names in gambling industry,both online and land based, has their own business in the first place which gives or allow then to have a huge capital to bet, which also somehow gives them a bigger opportunity for bigger bets and bigger peofit. But indeed luck would be the bottomline but a large capital would allow a player to extend their luck in some way, especially if risk would be managed, and for sure we all know this. Problem for other rich individuals why they end up on the ground is not finding other way to earn or sustain their capital and only waiting for their big time win in this industry which will never be certain.

There really are good gamblers that when they've won such amounts, they also manage to keep their money. If most gamblers are like them, we won't hear stories about gamblers having their lives turn into a misery.

Again with the concept; losing will always be a part of the game. It is the way how a plaer would manage factors or the risks which will result to a more efficient winning. These 'winners' for sure have suffered from huge losses before, but the way they handle their losses is why they are in such place at the present.

[aioc]

These are exceptional people jumping from gambling to business is not easy and becoming a gambler and a businessman is quite risky, the other one can take over the other one, and if you are chasing your losses there's a possibility that you can use money in your business to do it.
And both ventures will need time if you're a professional gambler you have to keep up playing and if you're a businessman you have to oversee how the business is doing, not really that easy but these guys find a way to balance things and they are reaping the rewards, we can all learn from these successful people.

[DaNNy001]

Gambling is a very profitable thing to engage in if done responsibly. Gambling has indeed made many men rich and it is still making even though most people are loosing in it. But I think that those that are making much money or already made much money from gambling are those who are favoured or those who never chased losses. It takes a lot of strategies to be a professional gambler. As a wise gambler, the moment you win big in gambling, the best thing to do at the moment is to use the money you won in gambling and invest. You can still be gambling but let it be that you have another source of income and an investment also.

These men even after winning, did not let gambling completely take back all the money that they have won by still keeping their gambling behavior under control. I am sure that they did not think that since they have won big amount, they now have more money and the luxury to gamble with some more money or increase the number of times they gambled. They were able to stay disciplined to maintain their gambling habits and the sometimes even reduce it, it is why they are successful. There are gamblers that made money, started businesses as investments, but the same business crumbled due to them not being able to control themselves and the gambling behavior. That is a terrible story to have as a businessperson.

^Definitely right, it should there be discipline and control to maintain healthy gambling habits and avoid the pitfalls that come with addiction.
I have heard so many times that there are gamblers who have made money and end up losing it all due to their inability to control their behavior. This is a cautionary tale for all businesspeople out there to be mindful of the impact of their actions on their finances and business ventures. I think exercising restraint and seeking help when necessary to avoid falling into the trap of compulsive gambling. Those people shown in the OP probably can afford either it will win or lose.

For me I don't believe in all this stuff about gambling making someone rich and all this shitstuff people say about responsible gambling I personal believe that gambling is just an activity you play for fun except you are already made with money and maybe you just want to double your cash then you can just flip in your cool cash into gambling and don't expect  any winning especially when its come to sport gambling. And moreover the whole idea of gambling is basically built on the foundation of LUCK.

[n0ne]

These are exceptional people jumping from gambling to business is not easy and becoming a gambler and a businessman is quite risky, the other one can take over the other one, and if you are chasing your losses there's a possibility that you can use money in your business to do it.
And both ventures will need time if you're a professional gambler you have to keep up playing and if you're a businessman you have to oversee how the business is doing, not really that easy but these guys find a way to balance things and they are reaping the rewards, we can all learn from these successful people.

One can't serve two masters is an old days slogan, but that doesn't apply to today's world. Gambling is completely different from running a business. If things didn't go well the business fails. There are people who have done gambling out of the profits from business and lost everything. As said, these are exceptions where luck had favoured. If not these people could've never been successful and wouldn't be able to build such big businesses.

[goinmerry]

Because these big people do have a strong and solid source of income, they can sustain their gambling activity and are able to afford to lose big money.

In most cases, those people who reached the stage of being professional gamblers are already financially-stable that's why they can just easily throw big money into their gambling we already know that the bigger the bankroll, the larger they can gamble, the more chances, and possibility that they can win big.

Good for them and fortunate that they can enjoy gambling without worrying of a big loss as they can easily cover it with their big investments and businesses.

[dothebeats]

Most of these guys have some background in business management before they became gamblers and became successful in their respective careers. I mean, they already know the ins and outs, they know how gambling houses work, they just have to put in the money, get their network informed, and pray for luck to favor them and bam! You have a successful business! Not everyone has the way of thinking like these people, so even if we are all gambling degenerates here, we won't be successful like these guys if luck isn't on our favor.

[Don Pedro Dinero]

Today I will mention the names of some people who started their business life with the help of gambling money.

I doubt it.

Who were initially professional gamblers later became reputed businessman.

This is a different matter. It is one thing if people who have gambled decide to invest in a casino or bookmaker. I myself could do it if I had enough money and in the past I invested in casino bankrolls. But the story that you are implying that gambling money made it possible to set up businesses is usually not true. As the colleague says:

If become a professional gambler will make them rich and easy to make money, they wouldn't jump become a businessman, so the conclusion is a professional gambler isn't a good way to make money, but become a businessman is better.

[libert19]

Are you sure about Terry Benedict? He's character in Ocean movie series. Also, I read wikis of some of people you mentioned, gambling itself had nothing to do with their success — either they quit gambling or created businesses centered around it. Gamblers lose, casino wins.

[ethereumhunter]

To be successful is not easy and there will be many challenges. The names you mentioned made it through every challenge and eventually became successful in gambling. They have targets and dreams they want to achieve and don't stop before they can. We have to learn a lot from them, but not from the gambling side, but from other things that can make them successful in achieving that success. Maybe they can be responsible in playing gambling and get win after win and save it to open their business which can give them an advantage so they don't have to gamble too often.

We have dreams that we want to achieve, but sometimes we are lazy to set foot to achieve those dreams and there are too many considerations. And if you feel you can't succeed from gambling like those people, you can use other ways to achieve your dreams.

[wxa7115]

Are you sure about Terry Benedict? He's character in Ocean movie series. Also, I read wikis of some of people you mentioned, gambling itself had nothing to do with their success — either they quit gambling or created businesses centered around it. Gamblers lose, casino wins.

I was thinking the same thing when I read the names and what they are famous for, they reached success by being casino owners or something similar and they did not do it through gambling itself.

When it comes to famous and profitable gamblers I think of Daniel Negreanu, Phil Hellmuth or Doyle Brunson, gamblers which have made a fortune playing poker professionally and that are examples to follow for all of those which wish to achieve a similar level of success.

[mindrust]

I am pretty sure at least one of those names (probably more than one) you mentioned didn't become a successful businessman just because he was a good gambler. Some of those guys (at least 1), did some pretty illegal shit to grow their empire and I am pretty positive all of them already had huge amounts of money to start with. If you think these men were playing slots in a casino all day and then randomly they decided to be become "successful" businessmen, then you are in a big surprise. Nothing of a kind happened.

[Strongkored]

Looking at some of the businesses developed by these people they are also still around the world of gambling so they just change themselves from a professional gambler to a businessman in the world of gambling also because they know the profits and also the large velocity of money in the world of gambling, and gambling is a lucrative business. We don't need to dream of becoming a successful gambler in order to become a successful businessman because not everyone understands how to earn from gambling and you can also become addicted if you can't control yourself.