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Author Topic: Has anyone been able to make steady income with gambling ?  (Read 1257 times)
Accardo
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November 22, 2023, 08:31:57 PM
 #81

I've not had such thoughts, as it's very risky. And requires lots of income, but the gambler would be filled with boredom. Having to gambling round the clock, devising decisions and ideas, not to run short of profits. Professional gamblers, successfully achieve this lifestyle. Yet, most of them wouldn't advise anybody to take that way of earning a living. I'm not sure online gambling guarantees such a livelihood. Out of the gamblers, whom made steady income via gambling, none was through online gambling. Most of them were comp members that earned points each time they wager huge amount. They lived in a free hotel room, ushered to them by the casino. Reducing the rate of distraction, the gamblers lived like that for months. Definitely, we'll get tired of gambling for a long period each day. Gambling became their work. Truthfully, it's not encourageable. There is more to life, than focusing every single hour thinking on gambling strategies, to stay relevant, and make more money. Imagining achieving this by not investing all your time, isn't possible. I don't think, I'll be able to venture into it, even if I reach to that level of gambling.

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November 23, 2023, 02:46:13 AM
 #82

Has anyone been able to make steady income with gambling ?
Yes

Quote
If yes, what had been your strategy ?
Strategy differs from person to person, but what's important is you don't choose a luck based game if you are into "steady income" in gambling.

Do you diversify to multiple games in order to ensure that end result is always profit ?
Not necessary, few games you focus results better concentration, so stick with few games, again, not on luck based.

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?

Selt control and the skills in winning games consistently. I know not everyone has that kind of skills since the reality will slap us that majority of the gamblers are losing money, making the gambling industry growing steadily. But be one among the few who make steady income by betting.

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November 23, 2023, 02:53:17 AM
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 #83

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
No strategy can bring a steady income in gambling.  Because no strategy can guarantee profit in gambling. Winning at gambling depends on everyone's luck. But some game skills also depend on it. But skill alone cannot bring a steady income in gambling. Gambling is very risky and it is a death trap for some who can become highly addicted to gambling. Those who consider gambling as a steady source of income after winning a few times and continue gambling will quickly face a huge loss.
I totally agree with you that no gambling strategy helps anyone to make a steady income in gambling. Gambling is a bit of strategy and the rest depends on luck. Many people think that gambling is an easy thing and they can earn money easily by gambling. But it is always the opposite. Because of this gambling should not be taken seriously.  It should be used as a place to spend leisure time because there is a lot of pleasure to be found here. And gambling should be done when the financial condition is good. Bad times should never be gambled

Quote
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
I agree with this statement. In the gambling industry, there is no one who can consistently win at gambling.  But some may suddenly have a big winning due to a big fortune which can change his life. However, after that big winning, the tendency of that person to give up gambling is very low. Due to which most of the gamblers fail to keep the big winnings that are seen most of the time. They wasted the winning money again by gambling
It is absolutely true that very few people can win big from gambling and then control themselves to quit gambling and invest that money in other potential things to create a steady income stream. But even after losing so much in gambling, people cannot give up gambling. The allure of gambling always haunts us. For this, those who can control themselves from the beginning of gambling can quit gambling at any time. and others ended their lives with gambling addiction


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November 23, 2023, 03:12:45 AM
 #84

Of course, playing poker, which strictly speaking falls under the concept of gambling but is essentially different from casino games. I have explained it several times, in my case it gives me a surplus salary, which can be a bit similar to what I earn with signature campaigns (at present even less) but it takes me more time to earn it and on top of that it is subject to variance. But, yes, if someone is looking for a steady income he has to play sports betting, poker, horse racing and I don't know if there are any others, but in any case they are not games with an inexorable EV-.

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November 23, 2023, 03:24:25 AM
 #85

Gambling can be an exciting yet risky endeavor.  While some big wins may initially seem promising, relying on luck is not a sustainable income strategy.  Even experienced gamblers can fall into losing streaks that wipe out previous jackpots.  It's easy to get caught up in the thrill and bet more than one can afford to lose, but wins tend to be short-lived, so keeping expectations realistic is key.  

Approaching gambling as entertainment to be budgeted, rather than a money-making scheme can help mitigate overspending.  With discipline and measured bets, it can remain an enjoyable activity without breaking the bank.
Gambling should never be considered as a get-rich-quick scheme rather gambling should be considered as a form of entertainment. When a gambler considers gambling as a get-rich-quick scheme, he will lose money instead of making money by gambling. Whenever the thought of getting rich quick by gambling is in his mind then he will continue to gamble without considering the right side of gambling and one after another they will lose and again they will gamble again thus gambling they will lose all the money. But if a gambler plays the game considering it as a normal game, then he can enjoy the game and also make a cool decision by gambling. Since gambling is considered as a simple game, it is better to consider gambling as a simple game because gambling creates the possibility of winning.

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November 23, 2023, 03:30:25 AM
 #86

So far, I personally have not really been able to see any people who are actually able to get steady income from gambling because in gambling there are lots of unexpected things that cannot be imagined or predicted.
Maybe in some betting options you can rely on skill intelligence, knowledge and experience to increase your chances of winning, but all of this is still not guarantee because there is no single method or strategy that can definitely give you a win.

Those professional gamblers who take part in various tournaments are not necessarily able to generate steady income from gambling because they often lose and of course what they earn is the result of business.
Just look at their history, who are popular people who always take part in various gambling tournaments such as poker, they definitely have big business and they make gambling just hobby, not about making money by winning every game.

Honestly, I skeptical of those who say they can make steady profit from gambling and that it all just bullshit.
Try to calculate from the start of gambling that your expenses when you lose are much greater than when you win.

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November 23, 2023, 04:10:20 AM
 #87

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?

The house always wins in the long run. Its a mathematical fact. Why in the world would you think that gambling over and over again will bring you a steady income? Gambling can win you millions in a single bet or finally make you lose all your money after 100 bets. And in between those 100 bets your money goes up and down until it turns into a zero. And eventually it will turn into a zero.

I am guessing that you won some money and now feel extremely lucky? Gambling on emotion can be very counterproductive.


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November 23, 2023, 04:26:36 AM
 #88

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
Gambling is not an opportunity to earn a steady income, so even though we can control ourselves well when gambling, in fact we cannot get regular profits from betting. I personally have tried investing in crypto with gambling funds, but this only lasted for a short time because after experiencing several losses I was forced to withdraw my investment funds and then deposit them back into the gaming account.
We can plan anything in gambling but basically luck is what will determine victory when betting.

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ethereumhunter
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November 23, 2023, 06:50:45 AM
 #89

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
Gambling is not an opportunity to earn a steady income, so even though we can control ourselves well when gambling, in fact we cannot get regular profits from betting. I personally have tried investing in crypto with gambling funds, but this only lasted for a short time because after experiencing several losses I was forced to withdraw my investment funds and then deposit them back into the gaming account.
We can plan anything in gambling but basically luck is what will determine victory when betting.
That's true because gambling is just a place to have fun and spend the money we can afford so we don't need to try hard to win the gambling game because it will never be easy. You can invest in a casino by buying tokens, as is already available in several casinos, so you don't need to gamble and wait for the moment to take advantage. But, indeed, the temptation to continue gambling will still be there even if we have no intention of gambling because we will see attractive promotions from casinos so that can make us want to gamble. Yes, we can plan anything when gambling, but we should remember that we will never be able to win gambling games easily. If we still want to win the gambling game, we must be prepared for the risk of losing a very large amount of money. It also does not guarantee that we can win from gambling.

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bitbollo
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November 23, 2023, 06:54:47 AM
 #90

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?

It is not impossible to obtain a steady income with gambling in sports.
the problem is that it takes time, a lot of time, as if it were a job.
I don't think it's really worth it also because we learn these activities by self-learning, making mistakes and trying again...

the strategy I used was simple. study the events or competitions and game modes well... play any event regardless of the odds! of course... never parlay bets!

diversifying into gambling only increases the risk of losing more. on some events or sports I can play differently otherwise I'll leave it alone

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Assface16678
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November 23, 2023, 07:02:29 AM
 #91

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
Gambling is not an opportunity to earn a steady income, so even though we can control ourselves well when gambling, in fact we cannot get regular profits from betting. I personally have tried investing in crypto with gambling funds, but this only lasted for a short time because after experiencing several losses I was forced to withdraw my investment funds and then deposit them back into the gaming account.
We can plan anything in gambling but basically luck is what will determine victory when betting.
That's true because gambling is just a place to have fun and spend the money we can afford so we don't need to try hard to win the gambling game because it will never be easy. You can invest in a casino by buying tokens, as is already available in several casinos, so you don't need to gamble and wait for the moment to take advantage. But, indeed, the temptation to continue gambling will still be there even if we have no intention of gambling because we will see attractive promotions from casinos so that can make us want to gamble. Yes, we can plan anything when gambling, but we should remember that we will never be able to win gambling games easily. If we still want to win the gambling game, we must be prepared for the risk of losing a very large amount of money. It also does not guarantee that we can win from gambling.
Absolutely, instead of participating in gambling or relying on gambling to earn, take advantage of those crypto casinos that launch their tokens because, in the beginning, the value of the token will increase as demand is high, but of course it depends on the casino itself if they can market their platform. With enough marketing, more customers or gamblers will participate in the platform, and that is the opportunity to earn. But we can't stop those who think that gambling could make them rich or they can earn from it, as some hope to hit a big jackpot for a miracle, which is rarely happening and not all have that moment in life. But that is the goal of the casino owners; it is an advantage to them if many gamblers become addicted to their platform; others' misery is their fortune. That's why they always have attractive bonuses that could tempt the gamblers to keep on playing.



Jawhead999
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November 23, 2023, 07:43:11 AM
 #92

Absolutely, instead of participating in gambling or relying on gambling to earn, take advantage of those crypto casinos that launch their tokens because, in the beginning, the value of the token will increase as demand is high, but of course it depends on the casino itself if they can market their platform.
Yeah it's more make sense where gambling can be used to make money because there's no system except get scammed. While in casino you're programmed to lose because of their system, even gamble in coin flip without odds can still make you lose some money through the withdrawal fees.

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November 23, 2023, 08:20:21 AM
 #93

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?

It's just a speculation if you think you can make a steady income on gambling, the only people who can make a steady income on gambling are gambling operators and promoters, but if you're just a player it is unlikely you're going to make a steady income.
The word steady income cannot exist for gamblers because it is a game of chance, there's more probability of losing and winning, but the longer you play the higher your chance of losing, because it's how the house plays its edge.

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November 23, 2023, 09:34:16 AM
 #94

A steady income from gambling is totally possible. Good luck is required to get good from gambling. So how can a person think of steady income from gambling. Gambling is a fun place where it is only wise to have fun as gambling sites have a variety of games that help provide a variety of fun. However, it is not possible for a gambler who can control himself from gambling and has a gambling budget to play all the games. He only plays the games he likes and enjoys the fun of them. No one can ever guarantee that he can make a steady income from gambling

If a person wants to make money by gambling it will be very foolish for him. Because gambling will sometimes result in profit and sometimes loss. So there is no guarantee that it is possible to make a certain amount of money from gambling. Gambling is a bad addiction I think.  When it is completely a person becomes addicted to gambling then he will lose all his money and possessions to gambling. It is wise to choose gambling as a pastime.


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btc_angela
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November 23, 2023, 10:01:47 AM
 #95

A steady income from gambling is totally possible. Good luck is required to get good from gambling. So how can a person think of steady income from gambling. Gambling is a fun place where it is only wise to have fun as gambling sites have a variety of games that help provide a variety of fun. However, it is not possible for a gambler who can control himself from gambling and has a gambling budget to play all the games. He only plays the games he likes and enjoys the fun of them. No one can ever guarantee that he can make a steady income from gambling

If a person wants to make money by gambling it will be very foolish for him. Because gambling will sometimes result in profit and sometimes loss. So there is no guarantee that it is possible to make a certain amount of money from gambling. Gambling is a bad addiction I think.  When it is completely a person becomes addicted to gambling then he will lose all his money and possessions to gambling. It is wise to choose gambling as a pastime.


We all know that it's not possible, maybe pro poker players can do it, but it takes time as well on their part to become a great player in poker. It's not that you just wake up and learn the game and then you suddenly become a great player, it's not that easy.

But for those who play like slot games and any luck base game, the odds are against you, and you might not win every night. You can win on few occasions, but to say that it will be like a regular job for you, nah, it's not going to happen and on the other hand, you might lose money in the end.

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November 23, 2023, 10:31:49 AM
 #96

Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?

I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?

Gambling is risky and depending on it as a source of income is even more riskier, because if you carry out a feasibility study of gambling experiences, you'll find out that the chances of losing is far greater than winnings. So with that fact in mind you'll find out that it won't be a wise decision to depend on gambling as a source of income, because you don't plan your survival on something that depends on luck to materialize.

Gambling should be for fun, a place where you can go to thrill your self, you bet the amount that you can afford to lose, so whether you win or lose, doesn't matter so much in the end.

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November 23, 2023, 10:43:31 AM
 #97

Absolutely, instead of participating in gambling or relying on gambling to earn, take advantage of those crypto casinos that launch their tokens because, in the beginning, the value of the token will increase as demand is high, but of course it depends on the casino itself if they can market their platform. With enough marketing, more customers or gamblers will participate in the platform, and that is the opportunity to earn. But we can't stop those who think that gambling could make them rich or they can earn from it, as some hope to hit a big jackpot for a miracle, which is rarely happening and not all have that moment in life. But that is the goal of the casino owners; it is an advantage to them if many gamblers become addicted to their platform; others' misery is their fortune. That's why they always have attractive bonuses that could tempt the gamblers to keep on playing.
Yes, you are right because you can invest by buying casino tokens and holding them for a while while waiting for the return from the staking results. That is another way to get profits from casinos, but this also depends on the casino tokens because not all casino tokens are able to increase during the altcoin season. But if they still use gambling to gamble, that's up to them because maybe they have their own calculations so they still choose to use gambling to make money. But those who want to use gambling to make money should remember that many people have tried it but many of them have failed and even lost their money. They don't need to follow what other people do, so they experience fewer losses. They only need to use gambling as entertainment and actually, they don't need to gamble in order to prevent themselves from losing a lot.

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November 23, 2023, 10:48:03 AM
 #98

A steady income from gambling is totally possible. Good luck is required to get good from gambling. So how can a person think of steady income from gambling. Gambling is a fun place where it is only wise to have fun as gambling sites have a variety of games that help provide a variety of fun. However, it is not possible for a gambler who can control himself from gambling and has a gambling budget to play all the games. He only plays the games he likes and enjoys the fun of them. No one can ever guarantee that he can make a steady income from gambling

If a person wants to make money by gambling it will be very foolish for him. Because gambling will sometimes result in profit and sometimes loss. So there is no guarantee that it is possible to make a certain amount of money from gambling. Gambling is a bad addiction I think.  When it is completely a person becomes addicted to gambling then he will lose all his money and possessions to gambling. It is wise to choose gambling as a pastime.


We all know that it's not possible, maybe pro poker players can do it, but it takes time as well on their part to become a great player in poker. It's not that you just wake up and learn the game and then you suddenly become a great player, it's not that easy.

But for those who play like slot games and any luck base game, the odds are against you, and you might not win every night. You can win on few occasions, but to say that it will be like a regular job for you, nah, it's not going to happen and on the other hand, you might lose money in the end.

Newbies always have this misconception that they can possibly earn a passive income thru gambling since they win at it once and they already think that its easy to win. That's why they accidentally get hooked at it and start to get addicted since once they experience a heavy lose then chasing for recovery will gonna happen after that.

Although there 's a chance that we can make it on poker but the chances is so low since we  need to have years of experience with this to became a pro or even got a huge sponsorship but we need to became a famous poker player before we reach that status.

Any other than that especially luck based game I don't think we can since for sure with this type of games house always have an advantage so we know what happen next to it that's why we can't rely on this if we look for passive income here.

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November 23, 2023, 11:05:30 AM
 #99

-snip
Since gambling is not a SKILL BASED game, so no matter how many times you gamble and play, you cannot become perfect and the winning and losing in gambling do not depend upon how skillful you are. The new people and the old people in gambling, both seem to have a similar chance in winning or losing in gambling.
then what about the game of poker? Isnt poker a skill based game?
that what I mean, not that I am saying gambling is skill based, but if you play poker, you might be able to earn an income, but it depends on how much skill you have.

I am sure you know names of professional poker gamblers who currently have enormous wealth with several poker titles in certain areas but you will never find a slot gambler who is rich and has a degree. Is not it ?

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November 23, 2023, 11:11:09 AM
 #100

A steady income from gambling is totally possible. Good luck is required to get good from gambling. So how can a person think of steady income from gambling. Gambling is a fun place where it is only wise to have fun as gambling sites have a variety of games that help provide a variety of fun. However, it is not possible for a gambler who can control himself from gambling and has a gambling budget to play all the games. He only plays the games he likes and enjoys the fun of them. No one can ever guarantee that he can make a steady income from gambling

If a person wants to make money by gambling it will be very foolish for him. Because gambling will sometimes result in profit and sometimes loss. So there is no guarantee that it is possible to make a certain amount of money from gambling. Gambling is a bad addiction I think.  When it is completely a person becomes addicted to gambling then he will lose all his money and possessions to gambling. It is wise to choose gambling as a pastime.


We all know that it's not possible, maybe pro poker players can do it, but it takes time as well on their part to become a great player in poker. It's not that you just wake up and learn the game and then you suddenly become a great player, it's not that easy.

But for those who play like slot games and any luck base game, the odds are against you, and you might not win every night. You can win on few occasions, but to say that it will be like a regular job for you, nah, it's not going to happen and on the other hand, you might lose money in the end.

Newbies always have this misconception that they can possibly earn a passive income thru gambling since they win at it once and they already think that its easy to win. That's why they accidentally get hooked at it and start to get addicted since once they experience a heavy lose then chasing for recovery will gonna happen after that.

Although there 's a chance that we can make it on poker but the chances is so low since we  need to have years of experience with this to became a pro or even got a huge sponsorship but we need to became a famous poker player before we reach that status.

Any other than that especially luck based game I don't think we can since for sure with this type of games house always have an advantage so we know what happen next to it that's why we can't rely on this if we look for passive income here.

Even those who are not new to this field still believe that they can generate stable income in gambling even if the truth is not. You can generate money in gambling if you are consistently hitting the jackpot prizes but don't let your winnings will mis concept as income because it is not. Income should be stable, meaning you can receive it on a regular basis through work or investments with a specific time period.  Better to treat gambling as your past time or other way of generating money while having fun on playing it but don't make it your main source of income.



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