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Author Topic: Success or Fail? - Talking about Gambling as a major income  (Read 6732 times)
piebeyb
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September 17, 2023, 04:28:38 PM
 #681

But still, even though gambling is legalized in some countries, but basically gambling cannot be used as the main income. Indeed, maybe we have different views but as a gambler, gambling should not be the main income. Unlike the developers of the gambling itself, although they work in the gambling circle, but the fact is that the house always wins. So, in cases like this of course, there are differences but the point is, making gambling as the main income is not the right way to do it.
No one has a different view, everyone thinks the same as you, I agree that gambling should not be used as the main income because that is what many gamblers actually have to realize, on average, most people who consider gambling as the main income are beginners who don't know what it's like to lose. and lose a lot of money in gambling, because for experienced gamblers it will be different again.

After several years of gambling, I have considered gambling to be just a place to have fun, so I no longer think that it is a place that can make me rich. If you want to be rich, you should do business, not gamble, because not many people are rich and successful because of gambling, if there is, maybe only a small part, no more than 1% of all active gamblers in this world.  Grin

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September 17, 2023, 05:57:14 PM
 #682

People who uses gambling as their source of money to people who gambling as addiction I see them differently, cause for sure those people who gambling for as their income could control and manage themselves, has their own way to limit losses and increase the chances of profits though gambling is literally based on luck but if you use your skills and techniques you could literally won like in the poker. As for the people who's addicted in gambling, their only aim is to win, not really thinking of the risk and worse situation might happen. Cause if you're only aiming for win for sure you wouldn't notice losses and also what you're staking such as properties, body , debt or even death.
Yes, those are two different things. People who use gambling as their main source of income will find it difficult to earn money because they will experience losses, which may be more than the wins they get. They will probably spend more money than people who only use gambling as a way to have fun. Those who want to make money from gambling have the possibility of experiencing a gambling addiction if they cannot limit their gambling, especially if they often experience losing money. Maybe people who use their skills to gamble can make money, but only a few can, while others will still lose their money. So we must understand that gambling is not a main source of income but a means to have fun using money.
How noble it sounds: "gambling as a main source of income."


When they win, they show their wads of cash, deliberately ignoring the numerous losses that emptied their pockets. I've seen such so-called pros before. Even in the few skill-based games that are played, the house always win. They aren't a safe way to make money

If you gamble for fun, with money you can afford to lose, that's one thing. Getting fooled into thinking that every deck of cards or roll of the dice is a paycheck is a whole different thing. Big picture, most people will find that their wallets are lighter and their worries ae heavier. Hey, you do you.

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klidex
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September 17, 2023, 08:50:02 PM
 #683

But still, even though gambling is legalized in some countries, but basically gambling cannot be used as the main income. Indeed, maybe we have different views but as a gambler, gambling should not be the main income. Unlike the developers of the gambling itself, although they work in the gambling circle, but the fact is that the house always wins. So, in cases like this of course, there are differences but the point is, making gambling as the main income is not the right way to do it.
No one has a different view, everyone thinks the same as you, I agree that gambling should not be used as the main income because that is what many gamblers actually have to realize, on average, most people who consider gambling as the main income are beginners who don't know what it's like to lose. and lose a lot of money in gambling, because for experienced gamblers it will be different again.

After several years of gambling, I have considered gambling to be just a place to have fun, so I no longer think that it is a place that can make me rich. If you want to be rich, you should do business, not gamble, because not many people are rich and successful because of gambling, if there is, maybe only a small part, no more than 1% of all active gamblers in this world.  Grin
Unless the gambler changes his mind to become a bookie who builds his own casino and makes a lot of money from the gambling they build but it will be very impossible if a gambler will succeed in getting the main income from gambling which is very clear that the house always wins and we only have 2% to winning even in millions of bets we only have one big win which is not equivalent to a loss.
I appreciate those of you who have broad thoughts and the healthy thinking that you have now when betting without expecting big profits from gambling and I am sure that if it is possible for you to win, you will definitely consider this to be just a bonus after you have had fun gambling with $1. when you will get $10 and I also imagine if all gamblers have thoughts like you I'm sure there are no gambling addicts but after all everyone has different thoughts.
I always try to get rid of the thought of big profits from gambling when I am betting but sometimes I am defeated by my own emotions which cause me to lose control so sometimes I still hope for big wins from gambling.
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September 17, 2023, 09:43:11 PM
 #684

After I realized that I was not going to make a living gambling professionally, I started to perceive gambling as a means of entertainment. I think everyone understands this easily after a few small experiences. But those who listen to the wrong inner voice are under the mistaken impression that they can push the limits professionally. Pick a sporting event and bet with an amount of money that doesn't push your limits. You will watch a more enjoyable competition than in normal competitions. It's as simple as that. Winning is important, of course, but it's secondary. Gambling only helps to have a little more fun. It can never be an income model.

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stomachgrowls
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September 17, 2023, 09:47:59 PM
 #685

But still, even though gambling is legalized in some countries, but basically gambling cannot be used as the main income. Indeed, maybe we have different views but as a gambler, gambling should not be the main income. Unlike the developers of the gambling itself, although they work in the gambling circle, but the fact is that the house always wins. So, in cases like this of course, there are differences but the point is, making gambling as the main income is not the right way to do it.
No one has a different view, everyone thinks the same as you, I agree that gambling should not be used as the main income because that is what many gamblers actually have to realize, on average, most people who consider gambling as the main income are beginners who don't know what it's like to lose. and lose a lot of money in gambling, because for experienced gamblers it will be different again.

After several years of gambling, I have considered gambling to be just a place to have fun, so I no longer think that it is a place that can make me rich. If you want to be rich, you should do business, not gamble, because not many people are rich and successful because of gambling, if there is, maybe only a small part, no more than 1% of all active gamblers in this world.  Grin
Unless the gambler changes his mind to become a bookie who builds his own casino and makes a lot of money from the gambling they build but it will be very impossible if a gambler will succeed in getting the main income from gambling which is very clear that the house always wins and we only have 2% to winning even in millions of bets we only have one big win which is not equivalent to a loss.
I appreciate those of you who have broad thoughts and the healthy thinking that you have now when betting without expecting big profits from gambling and I am sure that if it is possible for you to win, you will definitely consider this to be just a bonus after you have had fun gambling with $1. when you will get $10 and I also imagine if all gamblers have thoughts like you I'm sure there are no gambling addicts but after all everyone has different thoughts.
I always try to get rid of the thought of big profits from gambling when I am betting but sometimes I am defeated by my own emotions which cause me to lose control so sometimes I still hope for big wins from gambling.
Only the owner of gambling house or betting site are the ones that would really be getting that income since this is a business which is really indeed profitable for those owners which we know that gamblers are the ones who had been milked out for their own benefit but eventually we arent that forced to play and its basing on our choice whether we would be playing or not. We do have that free will on doing so and its really that impossible on beating up the house or becoming that profitable in gambling. I dont know on what up into their minds on thinking that they could be able to make income or making it as a living about gambling.
It cant really be just that possible unless if you are the owner and this is something that you should bare in mind.

Success or fail? You would definitely fail unless if you are a good sports bettor or poker player and having those skills which ends up on being profitable then there's a chance
but its not a guarantee because we know on how gambling works.

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September 17, 2023, 09:51:38 PM
 #686

But still, even though gambling is legalized in some countries, but basically gambling cannot be used as the main income. Indeed, maybe we have different views but as a gambler, gambling should not be the main income. Unlike the developers of the gambling itself, although they work in the gambling circle, but the fact is that the house always wins. So, in cases like this of course, there are differences but the point is, making gambling as the main income is not the right way to do it.
No one has a different view, everyone thinks the same as you, I agree that gambling should not be used as the main income because that is what many gamblers actually have to realize, on average, most people who consider gambling as the main income are beginners who don't know what it's like to lose. and lose a lot of money in gambling, because for experienced gamblers it will be different again.

After several years of gambling, I have considered gambling to be just a place to have fun, so I no longer think that it is a place that can make me rich. If you want to be rich, you should do business, not gamble, because not many people are rich and successful because of gambling, if there is, maybe only a small part, no more than 1% of all active gamblers in this world.  Grin

Such kind of mindsets needs to be acquire especially by those newbies who are still living in a dream that once luck permits they will be able to change their lifestyle instantly, it's more on how you deal with taking care of your financial capability, the more you understand the risk the better you can asses in terms of depositing your money.

On your side, it's good that you realize gambling should be taken as a place for entertainment and not a venue to secure and generate income.

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September 18, 2023, 11:31:26 AM
 #687

~snip~
How noble it sounds: "gambling as a main source of income."

When they win, they show their wads of cash, deliberately ignoring the numerous losses that emptied their pockets. I've seen such so-called pros before. Even in the few skill-based games that are played, the house always win. They aren't a safe way to make money

If you gamble for fun, with money you can afford to lose, that's one thing. Getting fooled into thinking that every deck of cards or roll of the dice is a paycheck is a whole different thing. Big picture, most people will find that their wallets are lighter and their worries ae heavier. Hey, you do you.
Yes, at least that's what some gamblers out there say. Unfortunately, only a few of them can make gambling their main source of income, while others fail halfway. It's normal if they win and then show the winning money to many people, but if they lose, they will hide their loss and don't want to show it to anyone. And it's true. The house always wins a lot of money because they own the gambling business, not the gamblers. Only a handful of gamblers can win a lot.

And that's why it's better to use gambling as a form of entertainment, and we don't gamble too often so we can reduce the number of losses we get. That way, we can still get pleasure from gambling and control how we use our money. And it's better to look for other sources of income that we can use as our main source of income.

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September 19, 2023, 08:20:10 AM
 #688

I`m sure that gambling can be a major income - i know several men, who have no any income except bets. But the same time i`m sure that not lots of people possible to make the same.

It's interesting. Are they making sports bets or playing poker? Because I don't think it's possible to make a living through anything else in gambling.
I talked about sport bets. But when you said about poker i remembered one familiar person who teached me to play poker. It was about 10-12 years ago and i don`t know how it is today but that time he got big money from online poker.

How is he doing today? I mean, poker depends a lot on skills but luck is still involved. Liv Boeree set a good example. She has amassed around $4 million in live tournament earnings during her poker career, but today she is referred to as a "former professional poker player". She started playing poker in 2005 and she decided to drop it in late 2019. I think it was a smart move. She didn't give Luck a chance to rob her of her winnings.

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September 19, 2023, 10:33:57 AM
 #689

After I realized that I was not going to make a living gambling professionally, I started to perceive gambling as a means of entertainment. I think everyone understands this easily after a few small experiences. But those who listen to the wrong inner voice are under the mistaken impression that they can push the limits professionally. Pick a sporting event and bet with an amount of money that doesn't push your limits. You will watch a more enjoyable competition than in normal competitions. It's as simple as that. Winning is important, of course, but it's secondary. Gambling only helps to have a little more fun. It can never be an income model.
Sometimes we really need experience to be able to realize something important or valuable in every activity we do especially in gambling because when we think about getting income from gambling we indirectly risk most of the money we have and in the end everything is lost bet after bet leaving us with losses and when we have reached the lowest point in our losses we naturally realize that the risks of gambling are too great if we want to use it as a source of income and prefer to use gambling as a place to have fun.

I agree with the input you gave because betting can give us satisfaction so that when the team or sporting event that we like can produce results as expected then it is not only satisfaction but also pleasure that we will definitely feel.
Betting and watching the progress of a match that we like and then winning is extraordinary happiness.

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September 19, 2023, 12:13:25 PM
 #690

I`m sure that gambling can be a major income - i know several men, who have no any income except bets. But the same time i`m sure that not lots of people possible to make the same.

It's interesting. Are they making sports bets or playing poker? Because I don't think it's possible to make a living through anything else in gambling.
I talked about sport bets. But when you said about poker i remembered one familiar person who teached me to play poker. It was about 10-12 years ago and i don`t know how it is today but that time he got big money from online poker.

How is he doing today? I mean, poker depends a lot on skills but luck is still involved. Liv Boeree set a good example. She has amassed around $4 million in live tournament earnings during her poker career, but today she is referred to as a "former professional poker player". She started playing poker in 2005 and she decided to drop it in late 2019. I think it was a smart move. She didn't give Luck a chance to rob her of her winnings.
I can`t say about know - o lost all contacts with him. The last time i was talking with him was about 5-6 years ago and he was still in the game. We didn`t talk about details and sums but he said that it was enough to get on vacation 2-3 times a year and not to have any problems with bills.
He played small enough tournaments so i don`t think that he is well known player.


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September 19, 2023, 12:56:53 PM
 #691

I can`t say about know - o lost all contacts with him. The last time i was talking with him was about 5-6 years ago and he was still in the game. We didn`t talk about details and sums but he said that it was enough to get on vacation 2-3 times a year and not to have any problems with bills.
He played small enough tournaments so i don`t think that he is well known player.
It could mean he has become a successful gambler because he can go on holiday 2-3 times a year, which for most people is difficult, especially considering the costs used for vacations. If he said he could go on holiday like that, it meant he had a lot of money from gambling. Hopefully, he is still fine and says this honestly because everything can change, especially since you haven't spoken to him for a long time so you don't have details about his fate.

Playing in small tournaments is also no problem because the prizes are quite large for the size of the tournament. But seeing as he could say that, perhaps he really was a successful gambler.

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September 20, 2023, 06:40:30 PM
 #692

I can`t say about know - o lost all contacts with him. The last time i was talking with him was about 5-6 years ago and he was still in the game. We didn`t talk about details and sums but he said that it was enough to get on vacation 2-3 times a year and not to have any problems with bills.
He played small enough tournaments so i don`t think that he is well known player.
It could mean he has become a successful gambler because he can go on holiday 2-3 times a year, which for most people is difficult, especially considering the costs used for vacations. If he said he could go on holiday like that, it meant he had a lot of money from gambling. Hopefully, he is still fine and says this honestly because everything can change, especially since you haven't spoken to him for a long time so you don't have details about his fate.

Playing in small tournaments is also no problem because the prizes are quite large for the size of the tournament. But seeing as he could say that, perhaps he really was a successful gambler.
He played 3-4 tournaments the same time. The normal situation was to be in the game on the last table at least in 2 of them. And he had 2-3 such games per day. I didn`t ask him how much he win per month last time, but i think that with such results he got at least $100 per day. The good moment in small tournaments, that there are lots of them the same time and they lasts about 2-3 hours. Also there are not many skilled players there. At least it was so 8-10 years ago - last time we talked about online poker.
I hope that he is ok and still winning but i don`t think that he become a famous player - his strategy was to be unknown.


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September 20, 2023, 06:57:02 PM
 #693

From the title of your topic, I understand that you want to talk about the feeling of success and loss from gambling. Actually gambling requires a lot of money and here if you take loss then it can be big capital also here profit or loss everything is uncertain. I have bet many times in a betting site but lost my entire money there. After some time I bet again with small money and I got some profit so it's a fun game that the loss or profit is limited.

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September 20, 2023, 08:10:20 PM
 #694

From the title of your topic, I understand that you want to talk about the feeling of success and loss from gambling. Actually gambling requires a lot of money and here if you take loss then it can be big capital also here profit or loss everything is uncertain. I have bet many times in a betting site but lost my entire money there. After some time I bet again with small money and I got some profit so it's a fun game that the loss or profit is limited.

I disagree when you say that gambling requires much money, it mostly depends where you choose to gamble. Because, nowadays fortunately there are casinos and bookies which allow people to wager small amounts of money at the time, sure the profit won't be huge, but it is possible to do it.

It just take a look at Stakes live bets to realize such thing: you can both see people gambling thousands of dollars at the same time, while you can also see people gambling only a handful of dollars.

Also, I know the ironic feeling you are talking about; when you wager much money one find yourself being unlucky, while gambling small, some luck appears.  Roll Eyes


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September 20, 2023, 08:36:09 PM
 #695

After I realized that I was not going to make a living gambling professionally, I started to perceive gambling as a means of entertainment. I think everyone understands this easily after a few small experiences. But those who listen to the wrong inner voice are under the mistaken impression that they can push the limits professionally. Pick a sporting event and bet with an amount of money that doesn't push your limits. You will watch a more enjoyable competition than in normal competitions. It's as simple as that. Winning is important, of course, but it's secondary. Gambling only helps to have a little more fun. It can never be an income model.
That's right, we need not to depend in gambling so much. Honestly, I thought gambling will be the only thing that can help me to get rich or have some more money, everytime i play that is my mindset and I keep on losing too much because I always say that i need to get back the money I've lost so it makes me more miserable and frustrated that time. So we need to have fun and do not think too much.
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September 22, 2023, 01:34:13 AM
Merited by Casdinyard (2)
 #696

After I realized that I was not going to make a living gambling professionally, I started to perceive gambling as a means of entertainment. I think everyone understands this easily after a few small experiences. But those who listen to the wrong inner voice are under the mistaken impression that they can push the limits professionally. Pick a sporting event and bet with an amount of money that doesn't push your limits. You will watch a more enjoyable competition than in normal competitions. It's as simple as that. Winning is important, of course, but it's secondary. Gambling only helps to have a little more fun. It can never be an income model.
That's right, we need not to depend in gambling so much. Honestly, I thought gambling will be the only thing that can help me to get rich or have some more money, everytime i play that is my mindset and I keep on losing too much because I always say that i need to get back the money I've lost so it makes me more miserable and frustrated that time. So we need to have fun and do not think too much.

Wow, if you think that way it will keep driving you to keep betting for more and even you are in the winning side you'll not go to stop since you are intending to win more, not a healthy but lets face this reality where we always wanted to earn more even we already have some decent winning, and instead of treating gambling as entertainment we mostly think that we can earn money out from it if luck will be on our side.

Which also commonly misinterpret luck, though if you know how to use that I mean if you are wise and you know how to enjoy
with a little positive for your bankroll, it can be an advantage for you.

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September 26, 2023, 09:18:35 AM
 #697

~
I can`t say about know - o lost all contacts with him. The last time i was talking with him was about 5-6 years ago and he was still in the game. We didn`t talk about details and sums but he said that it was enough to get on vacation 2-3 times a year and not to have any problems with bills.
He played small enough tournaments so i don`t think that he is well known player.

It's not necessary to be a well known player to make your living from poker. Well known players make millions during their poker career, and Daniel Negreanu has made $40 million in winnings($50 million according some sources), Phil Hellmuth - $30 million. While, depending on where your friend lives, $50-$70 thousand per year may be enough for a luxury life. Where I live $20 thousand is more than enough. You won't be a well known player with these earnings, but it could be said you are doing well with gambling as your major income.

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September 27, 2023, 11:13:42 AM
 #698

~
I can`t say about know - o lost all contacts with him. The last time i was talking with him was about 5-6 years ago and he was still in the game. We didn`t talk about details and sums but he said that it was enough to get on vacation 2-3 times a year and not to have any problems with bills.
He played small enough tournaments so i don`t think that he is well known player.

It's not necessary to be a well known player to make your living from poker. Well known players make millions during their poker career, and Daniel Negreanu has made $40 million in winnings($50 million according some sources), Phil Hellmuth - $30 million. While, depending on where your friend lives, $50-$70 thousand per year may be enough for a luxury life. Where I live $20 thousand is more than enough. You won't be a well known player with these earnings, but it could be said you are doing well with gambling as your major income.
When you become well known your life changes. And not everybody likes it. Vacation costs about $2000-$3000 in our country and the other spends same with yours. $20 per year is enough for normal life for family with 2 children. So his profit is $30-$40 thousand per year at least. Medium salary is about $8-$10 thousand per year, so i think that his major income from gambling is successful.


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September 27, 2023, 11:34:06 AM
 #699

not sure about gambling as a main income. The fact that I found is that they actually lose a lot when gambling with emotions that want to win a lot from the results of their gambling. they are called gambling addicts. Yes, that should be avoided. I think gambling is a game that should only be for fun, not for making it your main income.

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September 27, 2023, 11:57:49 AM
 #700

He played 3-4 tournaments the same time. The normal situation was to be in the game on the last table at least in 2 of them. And he had 2-3 such games per day. I didn`t ask him how much he win per month last time, but i think that with such results he got at least $100 per day. The good moment in small tournaments, that there are lots of them the same time and they lasts about 2-3 hours. Also there are not many skilled players there. At least it was so 8-10 years ago - last time we talked about online poker.
I hope that he is ok and still winning but i don`t think that he become a famous player - his strategy was to be unknown.
Earning $100 daily is a good result because not many of us or other gamblers can make that much money, especially daily. He can control himself by only playing 2-3 games daily, which is difficult to do because most gamblers will exceed their limits because of the temptation of gambling, which will make them play without knowing the time. And if he plays in those small tournaments where not many skilled players play there, he can get a lot of wins from those small tournaments. Moreover, if he could play every day and win some money, that would be even better, considering he is an experienced gambler.

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