Jody.Drummer
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November 23, 2023, 11:15:19 AM |
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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. Don't even think about making a living from gambling if you don't want to experience the unexpected, as you said because this activity has a much greater risk than the possibility of winning which is very difficult. The real fact that you have to understand is that gambling is a casino business and the name of the business must be the main goal is to make a profit, so logically are you going against the house which is clearly those who have full control over whatever they want to do to gamblers, and you have said the right thing that losing is usually much more frequent than winning, and above I have said the reason why it can happen, I repeat because it is a business where the casino also prioritizes their profits from people who lose, so if you lose then the casino will smile because they make money. I think only stupid people have the mindset of making gambling a place to earn, I don't know if they don't understand the real facts or they are just really stupid. People who have a healthy mindset they gamble with the aim of just filling empty time when off work for entertainment when bored, only a small amount they allocate, that's what should be done and with that then I think you will stay safe and comfortable.
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Saisher
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November 23, 2023, 11:18:21 AM |
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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 ?
When I was just starting out in my gambling venture I tried to find a way to make gambling a steady income, but unfortuantely all efforts were futile I started on Martingale but it did not give me positive results. I just realized that after losing a lot of money, gambling is no way to make money, you can win but it's hard to duplicate your win, there was a time when I had to experience 10 times losing my bankroll before I double my bankroll and I still in negative, I have many losses and few losses.
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rozak
Sr. Member
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November 23, 2023, 11:22:20 AM |
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People who have a healthy mindset they gamble with the aim of just filling empty time when off work for entertainment when bored, only a small amount they allocate, that's what should be done and with that then I think you will stay safe and comfortable.
more gamblers do not practice that way. although basically gambling games are intended for fun. But still, many gamblers are ambitious to make a profit. and that's the mistake when they win easily, they start thinking about making gambling a source of income. That is also what many gamblers fall into and end up losing more due to uncontrolled gambling activities.
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khiholangkang
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November 23, 2023, 11:37:57 AM |
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-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 ? That's true bro, we cannot generalize that all gambling does not need skills to play it because some of our games must have the skills to get a greater chance of victory, one of which is mentioned, namely poker, if you play poker without having the ability and understanding tricks too Counting cards, maybe you will be easily defeated, clearly in general you will never win in a poker game if you don't have the ability. Poker and slot gambling are different, it is natural that someone says that slot players do not need to have special skills in their games because they are not needed and there is no special knowledge to gain victory in playing slots, while your poker needs good mathematics and memory and some Tricks to outwit your opponents on the table.
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junder
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November 23, 2023, 12:06:39 PM |
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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. It is true, the fact is also like that, gambling is only for fun and entertainment, if it is to be made into a regular income it seems wrong, even unethical if it is like that. Because mainly gambling is a game where there will be a victory that is difficult to get but a defeat that is easily obtained by people, because the games that are available are also set by the bookie, so there is no way the bookie will give an easy victory. That's right, if they are tempted by existing promotions, they should be able to accept the risks that will be experienced. of course as you said, a big risk is not a free risk. And there is also no guarantee that people who play will easily get their winnings, after all, if it is easy to get a win from gambling, maybe there are not many people who have been miserable because of gambling, but the fact is the opposite of that. So gambling is not a place to make money, just a paid game. even if you get a profitable win, it's just a bonus from the game you play.
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Kelvinid
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November 23, 2023, 12:17:56 PM |
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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 was not totally sure because one of my friends got into gambling and somehow changed his living as well, and all of it came from gambling. Maybe, there are just a few of them while the majority has been losing, yet gambling our experience couldn't be easily to forget. With this ratio, it is not good to think and rely on our future in gambling unless you own them. Perhaps, it was admittable that gambling is not considered as a good source of income which I believe was a big mistake from hoping that in this way we make our life better, maybe just pleasing ourselves and having fun that seems right.
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Porfirii
Legendary
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November 23, 2023, 01:06:30 PM |
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Gambling is meant for fun, not to make steady income. If that's what you're looking for, unless you are a great referrer or influencer and you can monetize the gambling activity in different ways, in the long term the system is designed to make you lose.
It has nothing to do with self control, it has to do with maths: the more you play, the bigger the regression to the media, and the media is loss.
However, there are still gamblers who manage to earn a living but we all know that's only temporary, as most gamblers who chose to expose more in gambling loses more than wins more. Yes, gambling is only designed to provide us a source of fun and entertainment, but majority of the gamblers do not see it that way as they focus more on gambling to make an income. The reason why a lot of gamblers end up losing because of their wrong mindset towards gambling. But we can't blame for that, as gambling casinos have always their ways to convince us that we can make it big with gambling, but in reality they won't make us win so they can still keep with the profits. Well, in fact those who are lucky enough can make a lot of money, but taking big numbers into account, and/or long term activity, the final outcome is a negative balance. So those who manage to earn a living: 1. They were lucky and didn't experience yet the regression to the mean, or 2. Have other sources of income linked to their gambling activity that compensate losses.
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dezoel
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November 23, 2023, 01:10:14 PM |
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I don't think a steady income is possible in gambling. In fact, if you read most of the threads here in the gambling section, you will see that most of them are about losing. I'm not referring to those streamers or pro gamblers because they are being sponsored by a gambling company and they are obviously making a steady income with it. For us normal gamblers, we can only win rarely but that'll still make us happy and proud of ourselves. We shouldn't only count our losses though, as that can spoil the fun ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . I'm only playing random/luck-based games, so obviously, there are no strategies here that are involved but I only try to not be greedy. You guys already know why ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
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Razmirraz
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November 23, 2023, 01:20:30 PM |
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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 ? It is not ideal to expect a steady income in a gambling place, it is clearly impossible because gambling is always faced with losses and wins (if you are lucky). Never look for something that has never been offered in a gambling place, you will never find it. Make the gambling place a place to have fun, you will never feel disappointed when you run out of money there, but if you win, luck is on your side.
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pawanjain
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November 23, 2023, 01:24:22 PM |
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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 ?
Not sure if anybody would say yes to this question but many would say that they have been able to make steady losses with gambling ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . It has been discussed many times earlier to conclude that steady income with gambling is not possible because of the house edge.
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nara1892
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November 23, 2023, 01:26:08 PM |
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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 ?
When I was just starting out in my gambling venture I tried to find a way to make gambling a steady income, but unfortuantely all efforts were futile I started on Martingale but it did not give me positive results. I just realized that after losing a lot of money, gambling is no way to make money, you can win but it's hard to duplicate your win, there was a time when I had to experience 10 times losing my bankroll before I double my bankroll and I still in negative, I have many losses and few losses. Haha although maybe I will say that your mindset is very wrong by considering gambling as a place to make a steady income but on the other hand I will not make too much of it because I am sure over time you will also feel what is really happening, or that means you will find out by yourself that such a mindset is very wrong if you apply it to gambling activities. And yes, finally now you can realize that indeed your previous mindset was wrong, and all the actions you struggled with were in vain, but lucky enough that you finally realized it. Sometimes there are also people who still refuse to realize about their wrong mindset in considering gambling, they still think like that when in reality they are tormented by the defeat and pressure that always attacks them. Gambling can indeed give you victory but what you have to understand is that only luck can lead you to victory and also on the other hand you will never know when the time you will be lucky, which is why many suffer defeat without getting a victory even once. So if you want to survive then you have to gamble with the right rules, meaning don't overdo anything in gambling, lower your expectations because there is no guarantee of anything and you better gamble with the aim of just fun, that's better.
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Dewi Aries
Legendary
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Activity: 2800
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Leading Crypto Sports Betting & Casino Platform
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November 23, 2023, 02:00:17 PM |
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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. I think it's also like that, if they want profit of course not by gambling, because most who gamble only get defeat not victory. And this has been experienced by many people, only a few people can get a big win which of course is rarely obtained by everyone, in my opinion, to get a big win is difficult, let alone by making a steady profit in gambling, I think it's almost impossible. Not to mention those who cannot control themselves, of course it will make it difficult for themselves in the future. Right what you said, someone will lose all the money even until their property can also be lost because it is sold and the money from the sale is used for gambling capital, with the same hope, to get a win that will reverse all the losses they feel, and this will have no end if they still don't realize that what they are doing is wrong because it has harmed themselves, it can even harm others, and the casino laughs satisfied with those who have run out of capital for gambling.
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slapper
Legendary
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Merit: 1101
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November 23, 2023, 02:00:46 PM |
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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. Newcomers are drawn in by the promise of easy wins, but this is a dangerous way to become addicted. It's dangerous to keep winning, losing, and then chasing your losses. Professional gambling, especially poker, requires years of hard work and a deep knowledge of both strategy and psychology. It's not just a game of luck; it takes a lot of skill to win. Amateurs who want to make quick cash miss this important difference. Pros don't depend on luck to do well; they rely on skill, experience, and often the support of sponsors And yes, the house always wins. The odds are obviously stacked against the player, so they can't expect to make money in the long run. People should see gambling as a way to have fun, not as a way to make money. You need to be able to tell the difference between a professional gambler's smart bets and an amateur's hopeful ones. The first one plays a game of skill, and the second one plays a game of chance. There is a lot of competition, and only pros with a lot of experience have a chance to win all the time
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lizarder
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 23, 2023, 02:59:51 PM |
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When I was just starting out in my gambling venture I tried to find a way to make gambling a steady income, but unfortuantely all efforts were futile I started on Martingale but it did not give me positive results. I just realized that after losing a lot of money, gambling is no way to make money, you can win but it's hard to duplicate your win, there was a time when I had to experience 10 times losing my bankroll before I double my bankroll and I still in negative, I have many losses and few losses. I even had to lose some of my budget to get involved in gambling and never got a steady income despite winning several times in it. If we intend to gamble then we consciously admit that the money we use will eventually run out because we lose at gambling. So when we are unable to make a special budget to handle gambling then it is best not to get involved because it will be quite problematic to meet other needs. Controlling gambling is not easy and this is where problems eventually arise because people find it increasingly difficult to get out of addiction. Just remember one thing that when we intend to gamble there is no way to make a permanent profit, but instead try to put luck into producing a win and that way we are more able to handle gambling responsibly.
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Accardo
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November 23, 2023, 03:00:59 PM |
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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 ?
Not sure if anybody would say yes to this question but many would say that they have been able to make steady losses with gambling ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . It has been discussed many times earlier to conclude that steady income with gambling is not possible because of the house edge. Some house edge is 98% while other nice casino can take 97%, It's only impossible to gain steady income from a casino that has a house edge of 100%. The way professionals go about it is by, first discovering the house edge of the casino. Then calculating, the house edge with their bank roll, can help the player, determine what's on the table to profit. Definitely, a frugal gambler has a slim chance of profiting from the hideous structure of house edge. Constructed to always milk profits from unconscious gamblers, who don't research about the house edge of the casino they patronize. So, it's rare to make steady income via gambling. But, concluding that it's impossible is not right. Players with high bank rolls make this possible. And earn steady income. I'm sure of the losses that follows after winning big. The whole money still goes back to gamble. Smart gamblers should be aware of the importance of being street ahead of the house, unlike the inane thought of regular gamblers, losing control after few wins. Our moves at all cost, should be calculated. When to take a next step and the right moment to stop for the day. While away, gamblers are expected check in and out to figure out their mistake. Not to repeat similar unrealistic strategies. The hard work required to make steady income through gambling, had, gamblers trust the famous saying that it's impossible to switch their gambling habit into a full time job.
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arimamib
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 23, 2023, 10:11:35 PM |
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Newcomers are drawn in by the promise of easy wins, but this is a dangerous way to become addicted. It's dangerous to keep winning, losing, and then chasing your losses. Professional gambling, especially poker, requires years of hard work and a deep knowledge of both strategy and psychology. It's not just a game of luck; it takes a lot of skill to win. Amateurs who want to make quick cash miss this important difference. Pros don't depend on luck to do well; they rely on skill, experience, and often the support of sponsors
Gambling can be a dangerous and addictive activity. The promise of easy wins can be very enticing. Newcomers may not be aware of the risks involved in gambling. They may be drawn in by the excitement of the game and the possibility of winning a large sum of money, but they may not realize how easy it can be to lose control and become addicted. Chasing losses is another common trap that makes a gambler naturally wants to win it back, but then finding it leads to a vicious cycle of losing more and more money. Professional gambling is a very different world from amateur gambling. Professional gamblers, especially poker players, have spent years honing their skills and developing a deep understanding of the game. They also have the support of sponsors who provide them with financial backing and access to exclusive tournaments.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2023, 07:02:50 AM |
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It is true, the fact is also like that, gambling is only for fun and entertainment, if it is to be made into a regular income it seems wrong, even unethical if it is like that. Because mainly gambling is a game where there will be a victory that is difficult to get but a defeat that is easily obtained by people, because the games that are available are also set by the bookie, so there is no way the bookie will give an easy victory.
That's right, if they are tempted by existing promotions, they should be able to accept the risks that will be experienced. of course as you said, a big risk is not a free risk. And there is also no guarantee that people who play will easily get their winnings, after all, if it is easy to get a win from gambling, maybe there are not many people who have been miserable because of gambling, but the fact is the opposite of that. So gambling is not a place to make money, just a paid game. even if you get a profitable win, it's just a bonus from the game you play.
We don't need to make gambling a job or even want to make money from gambling because gambling is not for those things but only for fun and entertainment. We must understand that earning a steady income from gambling is not easy and in fact, it will cost us a lot of money before we can win. Many gamblers end up just spending their money without being able to make money or making gambling a permanent income. So most gamblers don't need to try hard to make money and they just enjoy their time and money for gambling and nothing more. In this way, they have no intention of winning and only use their time to have fun gambling. Trying to get bonuses from promotions can be done. They have to try to understand the existing requirements because every promotion definitely has terms and conditions that apply so they will only be able to get bonuses if they can fulfill them. It's difficult to get bonuses from promotions, so if we find it difficult to get them, we don't need to try to skip it. Later there will definitely be promotions that will not burden us to get the bonus because the casino will always make attractive promotions for its gamblers.
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Taskford
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November 24, 2023, 07:20:05 AM |
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Newcomers are drawn in by the promise of easy wins, but this is a dangerous way to become addicted. It's dangerous to keep winning, losing, and then chasing your losses. Professional gambling, especially poker, requires years of hard work and a deep knowledge of both strategy and psychology. It's not just a game of luck; it takes a lot of skill to win. Amateurs who want to make quick cash miss this important difference. Pros don't depend on luck to do well; they rely on skill, experience, and often the support of sponsors
Gambling can be a dangerous and addictive activity. The promise of easy wins can be very enticing. Newcomers may not be aware of the risks involved in gambling. They may be drawn in by the excitement of the game and the possibility of winning a large sum of money, but they may not realize how easy it can be to lose control and become addicted. Chasing losses is another common trap that makes a gambler naturally wants to win it back, but then finding it leads to a vicious cycle of losing more and more money. Professional gambling is a very different world from amateur gambling. Professional gamblers, especially poker players, have spent years honing their skills and developing a deep understanding of the game. They also have the support of sponsors who provide them with financial backing and access to exclusive tournaments. This really be a dangerous and addictive activity if the person doing this activity is not paying close attention to the risk he is going thru and also not thinking about the consequences of the decisions made. But if they will just don't over expect anything about gambling and make it as fun activity for sure they would not face the worst scenario about it. We have so many gamblers here doing fine with their activity so maybe we should learn from those people and try to follow some good advices since this is more good to us. Gambling is not giving us a passive income so we should be more realistic on this, Also chasing losses is really a bad attitude that's why we need to erase this attitude and always settle when everything is falling apart like we need to know how far we go since continuing while we are in bad day can make us lose more money so quit and chill since we can bet again tomorrow or on next day.
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moneystery
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November 24, 2023, 07:29:12 AM |
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there is no way to earn a steady income with gambling. no matter how you diversify your game or how skilled you are, you won't be able to get a steady income with gambling because there are only two possibilities in gambling, winning or losing, and people's risk of losing is greater than winning. unless you have god-level luck, maybe you will be able to get a steady income with gambling, otherwise you won't.
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cryptomaniac_xxx
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November 24, 2023, 08:50:41 AM |
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there is no way to earn a steady income with gambling. no matter how you diversify your game or how skilled you are, you won't be able to get a steady income with gambling because there are only two possibilities in gambling, winning or losing, and people's risk of losing is greater than winning. unless you have god-level luck, maybe you will be able to get a steady income with gambling, otherwise you won't.
Yes, and we really don't understand why there are still gamblers who believed that it can provide them steady income. As far as my experience goes, even if you win big, you are going to lose it back to the casino itself because you will obviously gambling for more. One story here is that a cab driver, suddenly decided to go and play in a landbase casinos and won $2,000. That time it's already and so he is very happy, but the next night, he comes back to play and then he lost everything + his initial capital. So just imagine what that taxi driver is going, that money can make him like take a weeks off from gambling and he can bring his family to a good restaurant and treat them. But he didn't and he thinks that he can duplicate that winning.
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