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

[qwertyup23]

Gambling have a simple rule. Gamble as long as you are having fun.

It's an entertainment. You pay to be entertained. But Things become difficult when a gambler no longer have the fun but starts chasing their losses. Houses are here for business. They are profiting when you are having fun, they are also profiting when you are chasing your losses. So, when people try to make gambling as their major income source they are just risking their own health, family members health, financial health. Very soon everything will be lost and they will find themselves homeless.

I definitely agree with the statements and points you raised.

Gambling is an activity that is meant to be fun to begin with. The adrenaline that kicks in whenever you are put in a situation where your resources are at stake is definitely gut wrenching but it feels very satisfying to win the match. This kind of adrenaline is sometimes the thing that most people aim for- and profit is only secondary in nature.

I truly believe that people who primarily gamble for profit are the ones who experience more losses in the process. They care too much about winning money for the sake of income though this kind of act is very risky to begin with.

[TimeTeller]

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.

[Saint-loup]

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.

[seleme]

There are many factors that can be discussed with various opinions but the only thing I am sure of is about the house edge. The more you gamble the higher the house edge melts balance along with increased turnover. Some opinion don't reflect reality so it is understandable how hard it is to fall into the illusion that shows beating a house is possible. Gambling can't replace major income, so it is illogical to make possible scenarios, IMO.

[aioc]

I truly believe that people who primarily gamble for profit are the ones who experience more losses in the process. They care too much about winning money for the sake of income though this kind of act is very risky to begin with.

They really are and I have experienced that and known people who have experienced trying to make a profit from casinos, they put so much effort into their bets that it clouded their decision to make safe bets, and sometimes safe bets are the ones that cost you your bankroll.
In luck-based games, bettors are trying for safety that they often use the martingale an obsolete strategy that keeps getting in many bettors games.
You have to take risks and you can do that if you only want to have fun because you think you're not going to lose anything.

[Vaskiy]

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.

[Docnaster]

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?

[blockman]

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.

[SmartGold01]

You are not in everyone's heart to detect what they takes gambling as maybe and most likely for the men who often engages themselves with such activity may see it as an occupation that would be possibly generating income for them, this is only if they are very good at it. Sometimes I often see people gamble for entertainment yet we also have those who don't gamble responsibly due to desperation wanting to become rich by all means, though there are people who are good at it whereby they often make winning and turns it to be their major source of income.

[Hamphser]

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.

[kk5526682]

Opinion One, a few people called Professional Gambler take gambling as a job for a living. These people have the skills to make that happen. My scheme is working on that. But it looks like so scam to many dudes, so you judge it on your own risk.

Opinion Two, there is no sure win methods or 100% profit strategy in gambling. If someone claim that, I will just go away because I won't definitely buy that. You believe you pay. I don't believe, just leave. Keep life simple. No judge to the buyer or seller. We are not the World Cop like Uncle Sam.

Opinion Three, this is the most important one. YOU. No one put a gun on your head to push you to gamble. You can do anything if you can control yourself by supreme rules. Like the stop-loss, stop-win, gamble hours per day......The key is self-control. Comparing the power of self-control, others are unimportant. Some people success, then they can be called professional gambler.

There is no scope to ‍say against anyone's opinion because everyone is right from their perspective. But in general I think gambling should never be considered as a source of income. Even those who are experienced cannot guarantee or assure gambling as it is completely controlled by luck.
Moreover, there is no way to avoid the issue of match fixing in sports betting. No matter how experienced a gambler is there, he has to accept defeat. There will be wins and losses so it should not be envisioned as a specific source of income.

This is the common sense here. And people should follow that.

[kk5526682]

We can talk about gambling in general as a significant income. Still, we can talk about professional poker players and sports bettors since in these two some people win most of the time, they have good knowledge about the games themselves, good reading/analytic skills, and a nice bankroll for playing. In these two some people can make something more, but even that will always depend on luck as well... we all have bad days and red streaks. But some people know how to chill and take a break, or even better to say some people have good self-control and some goal they follow.

WoW. This is the second 'WoW' I wrote here. People who make a living on gambling have knowledge and know-how to deduct the influence of bad luck. Decrease the capital lose on bust and bust and bust until to the end, during this period, how to minimum the amount of capital lose, to be the core value for being professional gamblers. When go up wind or called 'lucky period', grasp the profit as big as you can. Never easy. I just believe this kind of group exist and will grow bigger.

[kk5526682]

We can talk about gambling in general as a significant income. Still, we can talk about professional poker players and sports bettors since in these two some people win most of the time, they have good knowledge about the games themselves, good reading/analytic skills, and a nice bankroll for playing. In these two some people can make something more, but even that will always depend on luck as well... we all have bad days and red streaks. But some people know how to chill and take a break, or even better to say some people have good self-control and some goal they follow.

Professional poker players and the pros that OP mentioned who can make a living out of his game. We saw different poker tournaments and some of them waste hundreds of thousands when they fold. But the loss of one is also the gain of the other.  Some of them even reach up to millions just to bluff. Them doing all these must be a success.

For me, I could say I'm still having success though I'm not a big spender in sports betting, I'm able to get around on my own in sports.

The structure of Human beings society is always pyramid. Never change. No matter you from west or east, same for me. Rich guys always small, poor guys always big. 20% occupy 80% resources. Maybe even brutality in some countries. I like gambling. Period. But I gamble on purpose not just for money. I want to make out how top guys think or see this world. How this group of people can rule this world. How to decide the fate of others. In my case, gambling is the only way to make it happen. LOL

[Nrcewker]

No one treats gambling as a major or primary source of income. As gambling is a game of luck, and you can’t solely depend on it, to live a life. Yes many people do gambling in order to earn extra income for their family, but they don’t gamble without managing the risk. On the other hand, rich people also gamble for recreation purpose. They don’t care about the outcomes here. So yes, I will consider it as a fail, if you are thinking of making gambling as the primary source of income and completely depending on it.

[kk5526682]

After gambling soooo many years, sky city Auckland, the star Sydney, crown Melbourne, nationalcasino.com, stake.com platinum5 (sylviegreta), wolfbet.com......still struggle hard to become a professional gambler......This is the inmost thing on yourself......Others are the camouflage of the essence of gambling. If these opinions make you find the right direction, I will be super happy.

What have you concluded after being in gambling industry for this long and having a good gambling experience on multiple platforms ?

If you ask me, gambling is never been a source of income for me, it can never be for anyone. The main reason for this is that the experience does not count in gambling. No matter you are gambling first time or the 100th time, the chances and probabilities of winnings will be same and it all comes down to the luck.

can't agree more. This is the only truth for 85% of ordinary people. Never trust self can make a living on gambling is a life-changing advice for them.

[Don Pedro Dinero]

<...>

This has been discussed repeatedly on the forum, and your OP is fundamentally flawed. It fails to distinguish between types of gambling. If you talk about sports betting or poker, there are people who earn income and some make a living from it.

If you talk about casino gambling, there are no regular income earners, let alone major income earners.

But you do not make the distinction and seem to refer only to casino games. This is false:

Opinion One, a few people called Professional Gambler take gambling as a job for a living. These people have the skills to make that happen. My scheme is working on that. But it looks like so scam to many dudes, so you judge it on your own risk.

There are no professional gamblers who earn their living playing roulette, slots, baccarrat, etc.

[michellee]

After gambling soooo many years, sky city Auckland, the star Sydney, crown Melbourne, nationalcasino.com, stake.com platinum5 (sylviegreta), wolfbet.com......still struggle hard to become a professional gambler......This is the inmost thing on yourself......Others are the camouflage of the essence of gambling. If these opinions make you find the right direction, I will be super happy.

What have you concluded after being in gambling industry for this long and having a good gambling experience on multiple platforms ?

If you ask me, gambling is never been a source of income for me, it can never be for anyone. The main reason for this is that the experience does not count in gambling. No matter you are gambling first time or the 100th time, the chances and probabilities of winnings will be same and it all comes down to the luck.

can't agree more. This is the only truth for 85% of ordinary people. Never trust self can make a living on gambling is a life-changing advice for them.

The problem is that many people still think that gambling can provide them with income, especially those who play in offline casinos. Many of them hope to get big profits from playing gambling but don't think they have gone too far in gambling without being able to win that big win.

Luck will not always come. Every gambler must pay attention to that, especially gamblers who want to earn income from gambling. They would only suffer defeat and it must be very painful to see the number of losses getting bigger.

What we can conclude after being in the gambling industry is that we can only use gambling as a means to obtain pleasure. And if we are lucky, we can get victory.

[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.

If there is someone who thinks that gambling as a source of income means that casino advertising and marketing has succeeded in instilling the mindset in the minds of gamblers to want to play and continue gambling and make lots of money, for example first deposit bonuses or attractive advertising ads with the lure of big prizes, that's why many casinos have been successful with their marketing attracting many new gamblers to play.

So it's not strange if people think of playing gambling as a source of income where they think that by gambling it will make you rich faster and get money fast without having to work, but instead what you get is that the longer you play gambling and it's out of control, the poorer you will be and you will lose a lot. Money. people have to change the mindset that gambling is not a way to get rich quick or a source of income, work hard or become a businessman will make you richer than gambling.

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.

[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!!!

[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.

If there is someone who thinks that gambling as a source of income means that casino advertising and marketing has succeeded in instilling the mindset in the minds of gamblers to want to play and continue gambling and make lots of money, for example first deposit bonuses or attractive advertising ads with the lure of big prizes, that's why many casinos have been successful with their marketing attracting many new gamblers to play.

So it's not strange if people think of playing gambling as a source of income where they think that by gambling it will make you rich faster and get money fast without having to work, but instead what you get is that the longer you play gambling and it's out of control, the poorer you will be and you will lose a lot. Money. people have to change the mindset that gambling is not a way to get rich quick or a source of income, work hard or become a businessman will make you richer than gambling.

I agree with you that this is inseparable from advertisements which then form in their subconscious that gambling has the potential to be used as a source of income.
I will talk about my experience, indeed when I first got to know gambling I also thought that this was a good place, but when I thought logically I was able to cancel my thoughts at the beginning, that's what made me not think about it until now. the same as when you first got to know gambling. I think many have had the same experience as mine, that is, at first they thought that way.
Actually gambling can make us rich quickly, as long as we are one of the very lucky people out of the many gamblers, but that's not as fast as how gambling can make us a financial mess. 

People divided into different groups. The amount of groups can exceed our imagination scope. For example, son, father, husband, brother...this is only in biological area. Let's take it a little bigger. Just in gambling area. Winners, losers, rain farmers, casino mouse, casino boss, entertainmeters, professional gamblers.....as an adult, people can choose any one of them. Different profit, different risk and more important, different demands. Eddie is the boss of Stake.com, this kid born at 1997 with ordinary parents. His father wanted to open a coffee shop, but short 50k grand maybe years ago. You know what? Eddie has bought two mansions in Melbourne in last two years. One is 30million, the other is 80million, dollars. I just want people to think deep, how this happen to others, not us....I want to figure it out the real reason...