Success or Fail? - Talking about Gambling as a major income

[kk5526682]

My three opinions can display if you read it clearly. Read all posts in four pages, maybe you can find out your own answer.

It would be much more effective if you could explain your point a little more clearly so that we don't have to play guessing games here. I have read your post very carefully, and I can't help but wonder what the whole point is.

At one point, you mentioned your scheme to make gambling a permanent source of income. Then, you stated that there is no 100% surefire method to win in gambling (which I personally agree with). Afterward, you discuss topics such as control, scammers, your years of experience in gambling... which adds to the confusion and makes it difficult to grasp the overall message you're trying to convey.

There is never a guessing game here. Only my opinions and my thoughts. There is countless good guidelines to tell people lose weight. Fat guys will lose weight for sure. If they have no problem on intelligence, they know how to lose weight correctly. But it is still super difficult to success. Maybe only 2-3% of fat people could success in whole life.

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[yahoo62278]

This post is basically a rant by op against scammers since he got scammed for a specific amount which only he is aware of by being gullible enough to believe that it's worth investing in winning strategies.

Anyone with a half-decent brain is aware of the fact that there is no long-term winning strategy. However, short-term winning strategies do exist.

There are tools you can use to win in the longterm
Risk management, not gambling when feeling strong emotions, bankroll management and so on
But you are right, strategies to beat the house will usually work for a while and then stop working

I prefer to use simple word for easy understanding. Self-control. That's it. Gamblers, real gamblers, those kind of people gamble food money can be called this name. I am sure most of them have the methods can win money from casino. Very sure. 98% sure. The real problem of them is cannot control self. They don't play stop-loss, stop-win orders well. Maybe some also have time management problem. When you play longer enough like me, you will get a feeling on win or lose at the moment. This is strange. But this is real. When I got $1000 in my pocket with good mood and no pressure on winning big or chasing lose, I will win money in most of times. 50 bucks or 150 bucks maybe. But, when I decide to chase lose, most of time I got bad feeling on that.

The simple truth in gambling is if you never take big risks, you will never win big money. These people you talk about who are risking their food money are risking hamburger money to eat steaks. There is no guaranteed method to win 98% of the time, but most like to think there is.

HaHaHa, this is hilarious brother. Yes, if people want to eat steak but only have burger money. Why not go to casino to take a risk. Beacuse they want to eat Steak!!! Very good point!!!

I don't think you got my point at all. A guy has $50 in his pocket and can buy a few groceries for the week, but he is feeling lucky and decides if he goes to the casino and can win, he can buy groceries for the month. Taking a risk is the only way to ever win big in gambling.

[kk5526682]

This is classic, and I love the OPs narration in all his opinions, personally, I've always said to myself that the day I start to Imagine myself become a professional gambler, that day, I will start working and making preparations to launch my own online casino, this is because I personally believe that a person who does not have a good source of income likely will never become a gambling professional, gambling professional sounds like those who become it win much more than they lose, but sincerely, I do not think so, I think the professional there simply means, they keep gambling in huge sums no matter how much they lose, simply because they have other streams of income which pays them back for all the losses, this is why it is practically and technically impossible for anyone with a multiple sources of income to become a professional in gambling.

Every person have their own opinions, facts, relationships or thoughts on anything in this world. That’s why we need a law to tell people what is right or wrong. Is that enough? Of course not. We still have court, police, jail or morality to supply basic constraints on people’s behavior. There is no scientific methods to beat up gambling system because it is designed by the top experts on earth. It you can think it really deep, you will find out some new world you never know before.

[Haunebu]

There are tools you can use to win in the longterm
Risk management, not gambling when feeling strong emotions, bankroll management and so on
But you are right, strategies to beat the house will usually work for a while and then stop working

Defeating the house in the long-term is impossible due to the house edge factor. What you stated is true only about the short-term since you could technically overcome the house edge in the short-term.

People who make a living on gambling have knowledge and know-how to deduct the influence of bad luck. Never easy. I just believe this kind of group exist and will grow bigger.

Lol. This is easily one of the dumbest statements that I have ever heard in my life. Luck is totally random newbie. Improve your brainpower!

[Distinctin]

~snip~
 However, if we are following the risk management, then there are chances that we are in overall profits but still if the luck is very bad, you can be at an overall loss despite following the risk management.

We are talking about risk management and the long term, which means we are discussing a system that can lead to success. It's true that there's no guarantee of winning in gambling, but it's not impossible to win either. Please don't consider luck as the sole reference for the outcome of your journey if you truly want to be realistic about long-term success in gambling.

[Gyfts]

Casinos even not a business form my viewpoint. All casino owners should be thrown into the jail. They are scammers, theft and robbers with licence. Can't agree more on your points. In my case, it is not the same scene used to. I ownd and lost huge amount money at very young age on business in sydney. There are so many traps if there is no industry master leading you. And it is super unfair for young people. Because old ones will 'compete' and beat up with their craftily skills or experience. In my opinion, gamble is super fair for anyone. Casinos with license tell people clearly how much house edge they charge. You win or lose, it is just your own game. I know my words may super contradictory here. But I really believe both of them for real. Maybe this is the only truth in our world. When you feel good today, there is must be a bad day. When you win, you must lose soon or later. If there is no sense on beautiful, ugly would not exist.

Not attempting to be critical because there's already a lot of that going on in this thread -- perhaps just an alternative view for you to consider: Would it be fair for you to claim someone's a thief if you voluntarily give them your own funds to play a game of chance with a mathematical and provable RTP that is known to the player placing the bet?

In simple words, gamble for living is my solo fighting in rest of life. Here is the plan, digging out any game has low house edge (maybe Live Baccarat current), 100$ balance, use $2 chip, win 2chips or lose 5chips in one shoe. Stop-win at 10-40 chips for the day. Stop-loss is 15 chips for the day. When profit goes to 3-4 times of the balance, double the value of chip once.

Your odds are better going all in at once and being done with it. Over many repeated attempts, ie gambling for a living, the law of averages would have you at a guaranteed loss over time given you flat bet on a game with a negative RTP (which is to say, any game you play outside of counting cards on BJ).

[Mr. Magkaisa]

~snip~
 However, if we are following the risk management, then there are chances that we are in overall profits but still if the luck is very bad, you can be at an overall loss despite following the risk management.

We are talking about risk management and the long term, which means we are discussing a system that can lead to success. It's true that there's no guarantee of winning in gambling, but it's not impossible to win either. Please don't consider luck as the sole reference for the outcome of your journey if you truly want to be realistic about long-term success in gambling.

      -  Well, most of the time we knew winning in the gambling games is very rare to happen and usually we gamblers lose here in the casino. So just because what others are looking for is just for entertainment purposes it just becomes irrelevant.

That's why it's important that we still have what we call self-control so that we don't lead to the point where we don't realize that we've lost or lost a lot of funds, only to realize that we've softened or weakened because we've lost a large amount.

[decodx]

I don't think you got my point at all. A guy has $50 in his pocket and can buy a few groceries for the week, but he is feeling lucky and decides if he goes to the casino and can win, he can buy groceries for the month. Taking a risk is the only way to ever win big in gambling.

Well, the thing is, statistically speaking, the chances of him going hungry are quite high if he opts for the casino route.  

Yes, I agree that taking a risk is the only way to win big in gambling, but you shuld assess whether it's a risk you can afford to take. I don't think gambling with your grocery money is a smart move.

[kk5526682]

This is classic, and I love the OPs narration in all his opinions, personally, I've always said to myself that the day I start to Imagine myself become a professional gambler, that day, I will start working and making preparations to launch my own online casino, this is because I personally believe that a person who does not have a good source of income likely will never become a gambling professional, gambling professional sounds like those who become it win much more than they lose, but sincerely, I do not think so, I think the professional there simply means, they keep gambling in huge sums no matter how much they lose, simply because they have other streams of income which pays them back for all the losses, this is why it is practically and technically impossible for anyone with a multiple sources of income to become a professional in gambling.

This is good comment. People have multiple income will be harder or never to be a professional gambler. There are so many pre-conditions for being them. It has passed 10 yrs at least since I knew the exist of this group in the world. Of course I know there will be disaster waiting ordinary people who want to make a living on gambling. I responsed again and again on the posts about gambling for entertainment. This is the only right choice for 90% of them. Anyway, as an adult, no mater of positive or negative results, people should pay what they do or plan to do.

[kk5526682]

I never intended to be a professional gambler nor reach the pinnacle of VIP rank.  I only gamble to entertain myself and I cannot deny that with that entertainment is the hope to win huge but regardless, whatever the outcome of my session is I make sure that I accept it without any remorse.

There are times when we are unable to control ourselves into betting all our funds but to lessen the impact of our gambling to our finance, we should make sure that we only gamble with free money, beyond that will become a problem.

Since gambling result is random we should know that there is no way that gambling can be a source of steady income unless you are the owner of the platform.  Never chase losses because if we do, losses will chase us in the form of problems and pressure.  We gamble to be entertained not get frustrated.  If the game is too frustrating for us we can always take a break and come back when the stress and frustration subsided.

Im also with this kind of idea on which not all would really be having that kind of approach or wishes in life on becoming a professional gambler which this do mostly fall into the category of doing sports bet or playing up some poker or other card games on which you could potentially make yourself to be one but in speaking about casino games then it would really be an another story. Pushing yourself to be come one would really be just bringing up a disaster towards your finances.This is why you should really be that careful on which path you would be choosing or taking on.

Gambling is for fun and never ever make yourself consider on trying out to believe on something that you could really make yourself that sustainable for long term. This isnt something that you could really be
able to attain and if you do have this kind of desperation in mind on acquiring such state then it would really be creating that kind of determination which would be leading into more losses and this
is something that you should really be able to avoid. Success or fail? You wouldn't  really be minding that much if you dont really care at all about it because if you do and too mindful
then you would really be losing the real essence of gambling in the first place.

can't agree more again. This is the only truth for most of people (90%+) of the whole group. Gambling is designed for hunting people with superior math/scientific system and including all the weakness of human beings. This is why I suggest that all casino owners should be thrown into jail. They are just killing people who have weak self-control ability without any piece of sympathy. Sad.

[kk5526682]

Brother, I don’t want to convince you or sell my ideas to you. If you are the boss running a casino, you will know there is at least 2-3% people winning money from casino in long run by the means we don’t know. Does not matter you believe it or not, this is true fact in our world. The hired streamers equal scammer to me. They lie to poor gamblers everyday and supply them a fake hope. They are just pets of casinos. My interest is the method how the 2-3% people can do that in the long term. Not easy, but am trying to figure out. If you travel or read a lot, you will find out we live in a super diverse world. Some people tough and smart like god, some are just pigs, maybe pig are more clever than some of.

The guys able to achieve that without pure luck, usually participate to contest/tournaments and get profits thanks to the prizes. There use to be card counters at Blackjack, but in 2023 I don't think they still can overcome the house hedge of online casinos and most of land-based casinos, because casinos don't deal the whole shoe anywhere now. The other known way is to be good at sport betting and to bet on betting exchanges, parimutuel sportbooks(mainly for horse and greyhound racing) or at bookmakers dedicated to professional bettors, otherwise you will quickly get banned if you start to make too much money.

Have no idea on that counting cards area but these people are professionals for sure if they can make it as a living. in my points, professionals are self-control master at first of anything, then they have the ability to win long term into any 50% win chance game.

[kk5526682]

I am surprised how this topic recieved much attention as upto 4 pages for only today. While I read the OP from top to down I do not see any exciting points or clear definition of option and hence I began to search through the comments to see why the discussion ran so fast.

Whether you want to be a professional gambler or you prefer just to be a gambler is secondary. The primary thing is the money, it is the one that drives people towards gambling. People were much about experience based, very few stay within limits or spend what they can afford to lose. This happens understanding and knowing the life stories shared by people through different sources. There is some people who realise only through real life experience, which is really hard. Most of the time once got used to it, people find it problematic and unable to come out easily.

I wonder that there is a title as a professional gambler just like a professional trader. Is the professional meaning that they can do it very well or they chose it as a career?

Thx for the reply. Your words remind me an very loved habit past years. When I don't want to gamble or empty my pocket, I like to observe body language from gamblers especially on happy or sad faces. This is normal for entertainment. If I find out some guys who bet big without any emotions, they may be the professionals or millionaires. Or some professionals act emtions to casino on purpose. To be super or abosolutly calm is necessary for playing high risk high return game. They can do anything to avoid 'surprising' 'exciting' this kind of stuff.

[kk5526682]

This is like an extended topic of discussion about gambling being a source of income. While we all know that professional gamblers' source of major income is gambling. Many are just doing it part-time and even for fun. We can't just defeat our own thinking on this matter because we all know that we can't be like those professional gamblers. It took them a lot of time, sweat and blood to become one and people think that it's easy to be on that state but I am sure that it's not easier as what we think.

Right. You pay/get what you believe/do. Ignore all unnecessary stuff, maybe you can understand why I think pure gambling is truly fair for everyone. Think about the 50/50 game deeply brother.

[3kpk3]

Your odds are better going all in at once and being done with it. Over many repeated attempts, ie gambling for a living, the law of averages would have you at a guaranteed loss over time given you flat bet on a game with a negative RTP (which is to say, any game you play outside of counting cards on BJ).

Agreed. What you described is yolo gambling which is the best way to gamble in my opinion. It's scary to invest everything at once, but it's the best way to beat the house edge in the short-term and save time too.

I won decent profits so far thanks to this particular gambling strategy. This high risk, high reward strategy is not for the weak-hearted.

[kk5526682]

I don't understand how some people see gambling as a potential income source. How could someone rely on gambling, when gambling itself is filled with randomness and uncertainty. Its like you being able to pay the bills also becomes an uncertainty in your life. Relying on it as a primary income source is highly risky and unstable, unless you are working as an affiliate and you refer others to gamble. You earn comission from that, and it might be good source of income for you, but still there is no guarantee that you will be earning forever. People should stop considering gambling as a job through which they can earn money and should see it as a form of "paid" entertainment.

They are being mislead by the adds of the gambling site and thought the process is easy at all especially on winning the reward. Well, they can easily realize it when they already started losing the money though some are still not listening and they still continue to gamble with a hope of making fixed profit. The golden rule here is to be more responsible and not to expect that much in gambling, luck is still the big reason why you are winning and that is something you can’t have always.

Definitely a very effective marketing strategy, and you could lose a lot of money if you are being deceived by such promotions. You’ll fail if you think gambling as your source of income because its not, not unless you’re rich enough to play big in casinos and still on a good financial status even if you already lose a lot of money. Don’t treat gambling as your source of income especially if you are still struggling with your finances.

I believe, most of the gamblers know already such fact that you can't treat gambling as your main source of income.
However, as a gambler, you hope that someday you will hit big that you can retire from your winnings.
But reality is, a lot of gamblers are getting broke as they can't control their spending once they are in front of their games.
Promotions are created to deceive players, but that is, if you will really believe that such fortunate events will be on your side.

Except for those noobs around on which they do re ally believe that gambling is something that they could easily make money or make sure profits with it on which when the time comes that reality would be

slapping into their faces then this is where regrets would really be kicking in. You would most likely ignore these stuffs when you are on such condition on which you would be having that false impression on the
start that making money is easy specially if you do see someone who do able to make some big hit then it would really be creating that kind of boost up towards it on which it would be causing out for you
to play even more.

You would really be starting to have those regrets on the time that you would really be having no money already on your pocket.Dont let yourself go end up with that kind of situation because of gambling.
It is really just for fun and if you do come after for money then you would definitely be failing with that kind of motive.

Major resources will be in the hand of minorities forever. Money, knowledge or skills are the same. We cannot argue with that. We gain what we pay. Simple life brother.

[kk5526682]

This post is basically a rant by op against scammers since he got scammed for a specific amount which only he is aware of by being gullible enough to believe that it's worth investing in winning strategies.

Anyone with a half-decent brain is aware of the fact that there is no long-term winning strategy. However, short-term winning strategies do exist.

There are tools you can use to win in the longterm
Risk management, not gambling when feeling strong emotions, bankroll management and so on
But you are right, strategies to beat the house will usually work for a while and then stop working

I prefer to use simple word for easy understanding. Self-control. That's it. Gamblers, real gamblers, those kind of people gamble food money can be called this name. I am sure most of them have the methods can win money from casino. Very sure. 98% sure. The real problem of them is cannot control self. They don't play stop-loss, stop-win orders well. Maybe some also have time management problem. When you play longer enough like me, you will get a feeling on win or lose at the moment. This is strange. But this is real. When I got $1000 in my pocket with good mood and no pressure on winning big or chasing lose, I will win money in most of times. 50 bucks or 150 bucks maybe. But, when I decide to chase lose, most of time I got bad feeling on that.

The simple truth in gambling is if you never take big risks, you will never win big money. These people you talk about who are risking their food money are risking hamburger money to eat steaks. There is no guaranteed method to win 98% of the time, but most like to think there is.

HaHaHa, this is hilarious brother. Yes, if people want to eat steak but only have burger money. Why not go to casino to take a risk. Beacuse they want to eat Steak!!! Very good point!!!

I don't think you got my point at all. A guy has $50 in his pocket and can buy a few groceries for the week, but he is feeling lucky and decides if he goes to the casino and can win, he can buy groceries for the month. Taking a risk is the only way to ever win big in gambling.

Right. I don't have a point here. Just feel it very true in gambling facts. Some guys want sreak super strongly, they would like risk or don't care about the burger money. They just want steaks.

[Yatsan]

Ofcourse to those people who are winning, they'd say yes, profit in gambling can sustain a daily living. But if it's for the majority, gambling will never be advised to be a reliable source of income simply because of the fact that winning is not certain. You won't always win the game. And for me, even if you have won a decent amount, it will still not validate gambling as a reliable soirce of profit. If you've been in this industry for years for sure you know that there are days wherein you'd lose continuously, sometimes for a whole week.

Your odds are better going all in at once and being done with it. Over many repeated attempts, ie gambling for a living, the law of averages would have you at a guaranteed loss over time given you flat bet on a game with a negative RTP (which is to say, any game you play outside of counting cards on BJ).

Agreed. What you described is yolo gambling which is the best way to gamble in my opinion. It's scary to invest everything at once, but it's the best way to beat the house edge in the short-term and save time too.

I won decent profits so far thanks to this particular gambling strategy. This high risk, high reward strategy is not for the weak-hearted.

Having a huge capital would give you bigger chances to win but chance won't mean any certainty or guarantee of ending the day victoious. You could win, anyone of us can but if it is overall sustainability, it would still be a no.

[Crypt0Gore]

I have my own gambling rules and I don't chase any VIP levels or dream about making millions from gambling, nah I don't want this, all I want is a small win using small money, and that's not constant gambling every day, I have responsibility and plans so my way of gambling is very opinionated.

Gambling and major income are far from different,  you can't use a game of luck as your income headquarters, and you will end up with nothing sooner or later, if you are lucky, you will start thinking straight and if you aren't, you will believe firmly that gambling is your way.

Goodluck with that, hope things go your way but only 1%  of gamblers in the world get lucky with gambling, willing to take such a chance?

[Sterbens]

Ofcourse to those people who are winning, they'd say yes, profit in gambling can sustain a daily living. But if it's for the majority, gambling will never be advised to be a reliable source of income simply because of the fact that winning is not certain. You won't always win the game. And for me, even if you have won a decent amount, it will still not validate gambling as a reliable soirce of profit. If you've been in this industry for years for sure you know that there are days wherein you'd lose continuously, sometimes for a whole week.

Someone who has just won gambling will, of course, as you said be able to buy all their daily needs, but in my opinion that is too much and even though it is true that the results of the win will only be temporary, meaning that the money if you win will not last long because you will most likely return the money to gamble with the confidence and hope that you will be able to win it back. Gambling is an activity where you will risk money or valuables that you have and there are only two choices that will occur between winning or losing. If one makes this activity a source of income to support living expenses, then what if you run into a loss when you need that win for necessity?

Having a huge capital would give you bigger chances to win but chance won't mean any certainty or guarantee of ending the day victoious. You could win, anyone of us can but if it is overall sustainability, it would still be a no.

No matter how much capital you spend, no matter how big your money is, it will still have no effect and cannot be used as a solution to win, because it cannot be used as a guarantee for a big chance of winning. Indeed, having large capital allows you to get big wins, but it does not rule out that there will also be big losses. I won't focus too much on finding ways to win, because for me gambling is just entertainment, if you're lucky, the win will definitely come by itself.

[kk5526682]

There are tools you can use to win in the longterm
Risk management, not gambling when feeling strong emotions, bankroll management and so on
But you are right, strategies to beat the house will usually work for a while and then stop working

Defeating the house in the long-term is impossible due to the house edge factor. What you stated is true only about the short-term since you could technically overcome the house edge in the short-term.

People who make a living on gambling have knowledge and know-how to deduct the influence of bad luck. Never easy. I just believe this kind of group exist and will grow bigger.

Lol. This is easily one of the dumbest statements that I have ever heard in my life. Luck is totally random newbie. Improve your brainpower!

Have no idea your educational background and no interest. You need improve your reading skills. Or just waste your time here. I got no problem on 'luck is totally random'. And I do not say anything on that. My point is professionals 'know-how' 'deduct' 'the influence' of bad luck. Simple words. Bad luck can happen to anyone. Ordinary people like you will lose all your cash at hand if you gamble that day. Professionals get the same bad luck, they may lose 10% of the cash at hand. Whose brainpower need to improve now? This is the last time I response on such useless post. Have a good day.