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Author Topic: Has anyone been able to make steady income with gambling ?  (Read 1257 times)
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November 24, 2023, 09:35:34 AM
 #121

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.
In my opinion it is very difficult to be able to have a steady income in the gambling that we do, because it really takes luck to be able to win at gambling without luck it is very difficult to be able to win at gambling, for everyone who has realized how much they have lost their money in gambling of course they will it is easier to avoid gambling and they will be able to control themselves in gambling.

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November 24, 2023, 11:01:03 AM
 #122

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.

Not only is it not necessary, but indeed what must be done is that it is not mandatory for gambling to be the main source of income in life, if like that, it will lose a lot of money that will be experienced not with the benefits that will be obtained, by considering it as entertainment and pleasure it will minimize the loss of money they have. The victory that is not easy to get can even be said to be almost impossible to get it to be the main race of those who gamble, indeed everyone wants a big win, but not everyone will get it easily.  To get a steady and clear income they should work for real not by gambling, which will only drain all the money they have. They should not chase the victory let alone chase the losses that have occurred, because it will only make it difficult for themselves and it is in fact like that.

With the winnings that can be considered a bonus from this paid game, that way they don't have to chase or expect the winnings they will get,  if they intend to seek pleasure and entertainment it will not be a problem but if they intend to double the money that is wrong, so the fault is with themselves not with the casino.

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November 24, 2023, 12:12:23 PM
 #123

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 ?

I can't count the number of people who made a topic like you did about that matter. How can you say that gambling is a source of income if winning here is only based on luck?

That's why it's still better to just do gambling for fun. If you can learn to accurately predict which ones will appear in casinos, maybe all gamblers will be rich, and for sure no one will try to build more casinos.

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November 24, 2023, 12:33:36 PM
 #124

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 that's right, no one can get a steady income by gambling, because it is very unlikely to happen, regarding gambling that prioritizes luck, no matter how well they gamble with very good skills it will not guarantee them a steady income every time. Because gambling is just a game that pays with money and in return feels the thrill of the game.

It's true what you said unless they have god-level luck, maybe they will make a steady income by gambling, but I think the luck that gives them victory will also not always be in their favor, of course, they will definitely experience phases of loss and lose money, will not always get a profitable victory.

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November 24, 2023, 12:37:34 PM
 #125

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.

One of the things that makes it difficult for them to do gambling properly is because most people know gambling with the wrong understanding such as for example there is a chance of winning there and as proof they see many other people or even friends  around them who get a big jackpot, which is why it is difficult for them to come with the right mindset, usually yes of course they come because  of the temptation that is tantalizing in addition to the encouragement of curiosity that is in their minds, which is why more are down than those who remain fine.

Basically no one  indicates the best in gambling, any result whether it wins or loses will still be a big problem in the end, for example you have managed to get the winnings according to what you want but the question is whether you will end there? no friend, I say that is the beginning of the involvement of the worse of them, who doesn't like money and who  doesn't like it if they get money for free? so that's the simple thing is if you win then you will be addicted and if you lose then you will be curious, that's the cycle that happens to every gambler.

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November 24, 2023, 02:27:23 PM
 #126

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.
In my opinion it is very difficult to be able to have a steady income in the gambling that we do, because it really takes luck to be able to win at gambling without luck it is very difficult to be able to win at gambling, for everyone who has realized how much they have lost their money in gambling of course they will it is easier to avoid gambling and they will be able to control themselves in gambling.

The problem is that this activity is very dependent on how lucky you are, that is a big barrier for anyone to be able to get a steady income from gambling, and in addition anyone can never know when they will be lucky and when not, if they really know about it then logically no one will suffer large losses. But on the other hand, it's strange that people don't seem to pay attention to this part, they are still firmly in the wrong mindset.

But it doesn't matter because they themselves will feel the impact, I can't completely force them not to do that because everyone has their own rights to choose something they think is best. Maybe they will realize their wrong mindset someday, it takes a streak of luck to be able to get a steady income from gambling but the fact that always happens is that you lose more often than you win, that's luck and I think if you have common sense then you will not be interested in assuming or making statements that you can have a steady income from gambling.

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November 24, 2023, 02:45:35 PM
 #127

Yeah, I joined a signature campaign and it gives me an opportunity to make money every week.

The next profession to make money with gambling are the owner, the staff, customer service etc except the gambler.

That's why it's still better to just do gambling for fun. If you can learn to accurately predict which ones will appear in casinos, maybe all gamblers will be rich, and for sure no one will try to build more casinos.
It will be full of scam casino then, since the gambler can beat the casino, so the only way for the casino to make money is halt the high roller withdrawal.

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November 24, 2023, 02:55:39 PM
 #128

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 ?
Maybe to those who earn more while they are gambling what I mean are those streamers, those who has lot of referrals etc. I don't think you could make steady income out of it when in fact it isn't a job, maybe if you make gambling a business you'll surely do make a steady income.
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November 24, 2023, 03:16:52 PM
 #129

Honestly I am new into gambling. But still I have people around me who gambles and I have never see anyone of them who live from a steady income in gambling. My experience with them is that sometimes they get to win and sometime they loss. Perhaps they might have another source of income which I don't know because I have been wondering how do they cope whenever they loss and which money do they use to bet again. I am interested to know about the gamble industry, maybe I could win a lot if I venture into it. But I won't put my hopes on getting steady income though it.

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November 25, 2023, 10:26:02 AM
 #130

These type of dangerous questions should be answered carefully. If there is even a single person who managed to do it out of 100 people, some people may take them for example and be another cog in the 99 people machine and lose their money. Just because very rare cases there are some people who may have managed to do it, which is very difficult to do, that doesn't mean that you are going to be like them neither, you are going to end up with something a bit different.

We need to end up with something that will be profitable in the long run, I can't really see the situation changing on the long run, it doesn't matter if we could see the situation changing one way or another. I hope that people could realize that we are not going to make that profit, you are not that person and even if you could be, the chances are very low and you should not take that risk. Most people lose their money and most probably you will become one of those people as well.

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November 25, 2023, 10:28:09 AM
 #131

If yes, what had been your strategy ?
When we talk about gambling games, there are no strategies that can save you from losses or make you win, and strategies that people often use such as martingale are better recipes for disaster. So it's better for a gambler to avoid using any strategies and gamble with no intent to chase the losses.

Do you diversify to multiple games in order to ensure that end result is always profit ?
Changing games doesn't make you profitable, and there is nothing like diversifying your bankroll in multiple games to be able to get profit at the end because your wins and losses are dependent on your luck and not the games. Some people think that when they are losing, they change the game and they start winning but there is no reality in that and it's just a myth or a thought that people create in their mind because something like that can be coincidental but it cannot be guaranteed.

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November 25, 2023, 10:38:06 AM
 #132

Honestly I am new into gambling. But still I have people around me who gambles and I have never see anyone of them who live from a steady income in gambling. My experience with them is that sometimes they get to win and sometime they loss. Perhaps they might have another source of income which I don't know because I have been wondering how do they cope whenever they loss and which money do they use to bet again. I am interested to know about the gamble industry, maybe I could win a lot if I venture into it. But I won't put my hopes on getting steady income though it.
Fixed income can never be expected in gambling. Winning and losing in gambling is completely uncertain. Moreover, gambling should never be considered a fixed income. It has to be taken only as part of a little entertainment. In gambling you can bet the amount you can lose so that you don't have any problem if you lose. There are very few people who pursue gambling as a career or think of it as a means of earning. You will gamble but don't let it become your addiction. Moreover, one should not expect anything big from here. If you get a big jackpot or a big reward, you will get the strength of your luck. You can handle gambling better when you don't expect too much.

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November 25, 2023, 12:26:38 PM
 #133

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 .
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.


I said it's not possible to make steady income through gambling because in the long run the gambler will eventually be in a loss.
It's a very difficult task to make income through gambling. Do you anybody making steady income ?

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November 25, 2023, 12:27:30 PM
Last edit: November 25, 2023, 04:17:50 PM by Blitzboy
 #134

These type of dangerous questions should be answered carefully. If there is even a single person who managed to do it out of 100 people, some people may take them for example and be another cog in the 99 people machine and lose their money. Just because very rare cases there are some people who may have managed to do it, which is very difficult to do, that doesn't mean that you are going to be like them neither, you are going to end up with something a bit different.

We need to end up with something that will be profitable in the long run, I can't really see the situation changing on the long run, it doesn't matter if we could see the situation changing one way or another. I hope that people could realize that we are not going to make that profit, you are not that person and even if you could be, the chances are very low and you should not take that risk. Most people lose their money and most probably you will become one of those people as well.
Yes, a very small number have been successful, but there is the real problem: generalizing from the exceptional. Gambling is risky, an uncertain means to generate money, and a game of chance. Humans celebrate winners and dismiss most losers due to the survivorship bias. The exaggeration makes the story perilous. Gambling always benefits the house. Playing odds are always against you. Low wins dont change the fact that you'll lose most of the time. Games for fun can be safe and fun, but gambling for a living is like chasing a mirage. Gambling is dangerous and a bad method to make a living.

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November 25, 2023, 01:07:55 PM
 #135

Honestly I am new into gambling. But still I have people around me who gambles and I have never see anyone of them who live from a steady income in gambling. My experience with them is that sometimes they get to win and sometime they loss. Perhaps they might have another source of income which I don't know because I have been wondering how do they cope whenever they loss and which money do they use to bet again. I am interested to know about the gamble industry, maybe I could win a lot if I venture into it. But I won't put my hopes on getting steady income though it.
Fixed income can never be expected in gambling. Winning and losing in gambling is completely uncertain. Moreover, gambling should never be considered a fixed income. It has to be taken only as part of a little entertainment. In gambling you can bet the amount you can lose so that you don't have any problem if you lose. There are very few people who pursue gambling as a career or think of it as a means of earning. You will gamble but don't let it become your addiction. Moreover, one should not expect anything big from here. If you get a big jackpot or a big reward, you will get the strength of your luck. You can handle gambling better when you don't expect too much.
Gambling is casual in your artwork, but dont ignore the darker colors. The idea that gambling should be a little part of our life is harmful. Gambling's volatility makes it appealing, right? Many find excitement in the game's uncertainty, not the win or defeat. This is where the mind gets caught. Gambling's seduction comes from dopamine and adrenaline. We cant ignore addiction by supporting regulated gambling. How many keep control?

You minimize gambling as a career, but isnt this oversimplified? Gambling professionals use discipline, strategy, and luck. Not the majority. Gambling drives most people to optimism and despair, frequently out of control. Although you're right to advise against expecting much, the unpredictability and prospect of a windfall keep many hooked. Can we call gambling small fun when the stakes are so high?

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November 25, 2023, 02:04:16 PM
 #136

Not only is it not necessary, but indeed what must be done is that it is not mandatory for gambling to be the main source of income in life, if like that, it will lose a lot of money that will be experienced not with the benefits that will be obtained, by considering it as entertainment and pleasure it will minimize the loss of money they have. The victory that is not easy to get can even be said to be almost impossible to get it to be the main race of those who gamble, indeed everyone wants a big win, but not everyone will get it easily.  To get a steady and clear income they should work for real not by gambling, which will only drain all the money they have. They should not chase the victory let alone chase the losses that have occurred, because it will only make it difficult for themselves and it is in fact like that.

With the winnings that can be considered a bonus from this paid game, that way they don't have to chase or expect the winnings they will get,  if they intend to seek pleasure and entertainment it will not be a problem but if they intend to double the money that is wrong, so the fault is with themselves not with the casino.
Of course, he will find it difficult to win and will even lose a lot and he cannot estimate how much money he will end up spending to make money. But actually, he couldn't make any money at all because his huge losses couldn't be recovered by continuing to gamble. After all, this was gambling. Everyone wants a big win but not everyone can get it easily. If you don't want to experience this, you should limit your gambling activities and always control yourself so that you don't gamble excessively. Most people will not be able to earn a steady income from gambling because gambling is not a job that can earn you money every day, week, or even month. Your skill and luck determine your winnings. Meanwhile, if you work in a company or somewhere else, you can make more money and that is the job you should look for.

Even if they win, they will still chase other wins because, according to them, if they can win, they might be able to win again by gambling. But it won't be as they imagined because, in the next round, they can lose all their money. After all, their luck has run out.

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November 25, 2023, 02:06:12 PM
 #137

Honestly I am new into gambling. But still I have people around me who gambles and I have never see anyone of them who live from a steady income in gambling. My experience with them is that sometimes they get to win and sometime they loss. Perhaps they might have another source of income which I don't know because I have been wondering how do they cope whenever they loss and which money do they use to bet again. I am interested to know about the gamble industry, maybe I could win a lot if I venture into it. But I won't put my hopes on getting steady income though it.
Fixed income can never be expected in gambling. Winning and losing in gambling is completely uncertain. Moreover, gambling should never be considered a fixed income. It has to be taken only as part of a little entertainment. In gambling you can bet the amount you can lose so that you don't have any problem if you lose. There are very few people who pursue gambling as a career or think of it as a means of earning. You will gamble but don't let it become your addiction. Moreover, one should not expect anything big from here. If you get a big jackpot or a big reward, you will get the strength of your luck. You can handle gambling better when you don't expect too much.

Winning and losing are also things that cannot be predicted with certainty, even more losses will be obtained and that is what gamblers experience even though they do not make gambling a regular income I'm not sure how much I'll lose, but I'm sure I'll lose more than I win, because its unethical to make gambling a regular income,  because greatness will only bring losses not profits. There are also people who get big wins that don't often only happen occasionally, because basically luck will bring victory and luck is unlikely to come in every game.

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November 25, 2023, 02:23:01 PM
 #138

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 ?
What kind of stable income can we talk about if any profitability in gambling directly depends on luck and the theory of probability. Winnings in gambling occur occasionally and stability is impossible here.

If you want stable income, get a permanent job. Smiley

In gambling, if profitability is possible, it will be a wild chaotic profitability that occurs from time to time and which probably will not compensate for all your monetary expenses that will happen due to frequent losses.

The casino receives a stable profit thanks to your losses.

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November 25, 2023, 08:12:40 PM
 #139

You minimize gambling as a career, but isnt this oversimplified? Gambling professionals use discipline, strategy, and luck. Not the majority. Gambling drives most people to optimism and despair, frequently out of control. Although you're right to advise against expecting much, the unpredictability and prospect of a windfall keep many hooked. Can we call gambling small fun when the stakes are so high?
Some people get motivated that there are people who are professional gamblers but they need a reality check, the reality is that professional gamblers don't have gambling as their only source of income and manage their gambling activities only by gambling but they have other income streams as well such as participating in tournaments, having channels on social media platforms and earning money through them and they might even have businesses running in the real world.

Also, as you said, professional gamblers are not reckless with their bankrolls, they don't keep gambling when they are losing constantly, they stop when they win something over their current bankroll so that they have more money to start with the next time they gamble, and most importantly, most professional gamblers are sports bettors and don't just play gambling games and allow luck to shape their career.

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November 25, 2023, 08:53:18 PM
 #140

Winning and losing are also things that cannot be predicted with certainty, even more losses will be obtained and that is what gamblers experience even though they do not make gambling a regular income I'm not sure how much I'll lose, but I'm sure I'll lose more than I win, because its unethical to make gambling a regular income,  because greatness will only bring losses not profits. There are also people who get big wins that don't often only happen occasionally, because basically luck will bring victory and luck is unlikely to come in every game.

The gambling was the game had two sides of winning and losing in the game.So the steady income can't be achieved in the gambling,but you can hold the big win from the gambling and make it steady one at the final.The gambler who was steady with their mindset with some loss or profit only able to achieve in the gambling.So the gambler who had enough money from the gambling need to hold their big winning in the wallet.So it help the gambler to reuse for the next gambling game,it also help the gambler to save money in terms of the cryptocurrency and if the gambler convert to fiat means,he will spend the entire money and can't any money at the end.
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