Has anyone been able to make steady income with gambling ?

[erep]

I don't think we have seen or heard of anyone making a steady income from gambling even though the person chooses to bet on one game each day with big money, he will still be losing more and winning little.
Have you seen, the person can't keep up with that since gambling requires money to engage in it at any time? Gambling is a form of entertainment as we pictured it, not the other way around for someone to take it as an area to make a steady income.

Some gamblers make a steady income from gambling with hard strategies, but they target low profits and there is no guarantee they get a steady daily income because of the high loss ratio from gambling, I think it is better to switch to short term trading rather than chasing steady profits from gambling, because trading is better than gambling for daily income targets. However, it all depends on individual skills and I can target $30-50 for daily profit target in trading but I can't achieve daily profit in gambling.

[n00ber]

That person is probably someone who earns income from gambling websites offering rewards. They will do the tasks that the gambling website offers to make money. They will be careful about losses occurring. For example, they are responsible for inviting players to participate in gambling on the website. But this amount is very little. Players must be very good at this.

Gambling with a stable income. I haven't seen anyone around me who can do this. It is absolutely difficult for those who gamble because no one can control greed. If I can control my greed, then I can do this.

[Vaskiy]

When you have the limits and you have control over your activities it is possible to make regular earning from gambling. From my experience as a gambler who tries to earn from gambling, it is really hard when your capital is small. When you've got atleast $1000 it is possible to make $10 regularly. Beyond that is kind of risk, so based on the capital will be our chance of regular earning.

[klidex]

When you have the limits and you have control over your activities it is possible to make regular earning from gambling. From my experience as a gambler who tries to earn from gambling, it is really hard when your capital is small. When you've got atleast $1000 it is possible to make $10 regularly. Beyond that is kind of risk, so based on the capital will be our chance of regular earning.

It all depends on a gambler's attitude, if they can't control themselves and don't have limits then they can't get the profit or income but if they can make good use of gambling and have the skills to be able to create opportunities to win then gambling can be profitable even if it's not so big.
Sometimes a gamblers wants big profits, for example they have capital of $10, they want to double their money to $50 or more, so gamblers like this always lose control over themselves to get a steady income from gambling.

It's not necessarily that small capital is difficult to make a profits. In fact, with small capital we can try our luck without any fear of losing that money. In fact, sometime large capital is too risk if we lose control. It's better to use money with small capital to be able to get income.

[junder]

When you have the limits and you have control over your activities it is possible to make regular earning from gambling. From my experience as a gambler who tries to earn from gambling, it is really hard when your capital is small. When you've got atleast $1000 it is possible to make $10 regularly. Beyond that is kind of risk, so based on the capital will be our chance of regular earning.

It all depends on a gambler's attitude, if they can't control themselves and don't have limits then they can't get the profit or income but if they can make good use of gambling and have the skills to be able to create opportunities to win then gambling can be profitable even if it's not so big.
Sometimes a gamblers wants big profits, for example they have capital of $10, they want to double their money to $50 or more, so gamblers like this always lose control over themselves to get a steady income from gambling.

It's not necessarily that small capital is difficult to make a profits. In fact, with small capital we can try our luck without any fear of losing that money. In fact, sometime large capital is too risk if we lose control. It's better to use money with small capital to be able to get income.

I agree with what you said, They may be able to benefit from gambling if they have good limits and self-control in gambling, but if for a regular income I don't think so, because luck is also not always with them, I mean even if they have good self-control I don't think they will benefit if they are unlucky.

Trying your luck with small capital can be done as you said, I've experienced that, but it doesn't last long because the game is bad and also can't be cashed out because the balance I have doesn't reach the minimum withdrawal limit. They may be lucky if they try it with small capital, but keep in mind as you said that don't be afraid to lose money and luck won't come every time, Even if you use large capital, in my opinion, it makes us more courageous in the amount of bets, and will also make us unlikely to think about the amount of balance because it only focuses on the game that we bet a large amount. It's true that with bigger bets and bigger wins, but it's also how luck is, whether it's in favor or not at all.

[Oasisman]

When you have the limits and you have control over your activities it is possible to make regular earning from gambling. From my experience as a gambler who tries to earn from gambling, it is really hard when your capital is small. When you've got atleast $1000 it is possible to make $10 regularly. Beyond that is kind of risk, so based on the capital will be our chance of regular earning.

There could be a possibility, but was it worth it? I mean for how many hours do you need to focus on gambling everyday to get that $10 threshold while risking $1000? Because, I was also thinking, there could be a lot more feasible ideas one can come up with thinking about steady side income without the risk of capital loss. Gambling might be the easiest way, but it could also be the easiest way to get broke when everything becomes out of hand.
IMO, making an income out of gambling is the worst idea or motives ever. It will most probably get you in a worst financial position than being the solution to financial struggle. This is the main reason why I don't encourage people to try and do it.

[Odusko]

When you have the limits and you have control over your activities it is possible to make regular earning from gambling. From my experience as a gambler who tries to earn from gambling, it is really hard when your capital is small. When you've got at least $1000 it is possible to make $10 regularly. Beyond that is a kind of risk, so based on the capital will be our chance of regular earning.

There could be a possibility, but was it worth it? I mean for how many hours do you need to focus on gambling every day to get that $10 threshold while risking $1000? Because I was also thinking, there could be a lot more feasible ideas one can come up with thinking about steady side income without the risk of capital loss. Gambling might be the easiest way, but it could also be the easiest way to get broke when everything becomes out of hand.
IMO, making an income out of gambling is the worst idea or motive ever. It will most probably get you in a worse financial position than being the solution to financial struggle. This is the main reason why I don't encourage people to try and do it.

Right the sole ability to get your life ruined by excessive gambling makes it risky to depend on and also make any attempt in the same direction because many times, we have seen a lot of those who have experienced losses or even gotten addicted, it all comes from their inability to take gambling form what it is and that is just fun and nothing more than that, and this should teach us a great lesson and also make us to place ourselves on top of the position where we can easily protect whatever we seem to view or hold to high esteem.
So for sure, taking gambling to be a steady source of income will be a bad approach and can destroy anyone's financial stability and run them into possible unbearable conditions.

[Mr. Magkaisa]

I don't think we have seen or heard of anyone making a steady income from gambling even though the person chooses to bet on one game each day with big money, he will still be losing more and winning little.
Have you seen, the person can't keep up with that since gambling requires money to engage in it at any time? Gambling is a form of entertainment as we pictured it, not the other way around for someone to take it as an area to make a steady income.

Some gamblers make a steady income from gambling with hard strategies, but they target low profits and there is no guarantee they get a steady daily income because of the high loss ratio from gambling, I think it is better to switch to short term trading rather than chasing steady profits from gambling, because trading is better than gambling for daily income targets. However, it all depends on individual skills and I can target $30-50 for daily profit target in trading but I can't achieve daily profit in gambling.

   -   Maybe those gamblers are desperate and can't think of an alternative way to get money quickly, and they only see gambling as a
quick way to get earnings here.

For me, what if you are unlucky on the day of your gambling? If you can't bring home any winnings, is it possible to keep getting big earnings by gambling three or more times a week? That's hard to maintain, honestly.

[adultcrypto]

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 have not gottent to the point of steady income from gambling, but I know some people who do and who take gambling as their only job. So I believe it is possible to be consistently profitable in gambling.

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 a game of probability so it will be better you clarify what you mean by wining steadily. By my understanding,  steady winning is not wining each and every bet but being in profit with a range of time and doing this consistently of same range. It could be at the end of the week or month, one should be able to balance the records to check if in profits or loss.

[gabbie2010]

Can betting with 1.01 odd be called as a steady income ? Yes, some times you lose with that strat, but in most cases your balance increases. Small victory every day. What can be better than that? If that does not suit as a steady income, then there is none of it. I have never seen or heard gamble make "average salary" from gambling. It is either busted, or lucky to win maybe couple of hundreds. I am speaking about a gambler who gambles every day, not a guy who rarely deposits and expect huge wins (this guys usually lose their balances during first 30min imho).

Honestly with small odds of not more than 2.00 I knew some gamblers who adopted a special type of gambling in soccer betting one of such is betting on Over/under goals and both team to score with few accumulated matches and they are getting steady income from their winnings though nothing is guaranteed in gambling there are bound to be losses yet they are still profitable overall and cashing out steadily everything is all about money management and discipline though I am not conversant with type of bettings however in soccer betting and with proper analysis gamblers in that type of bettings tend to earn profits consistently.

[adzino]

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 ?

Your doubts about making a steady income from gambling is correct. While some people/gamblers might get lucky initially, the reality is that gambling isn't a reliable way to earn a steady income. The house always has an edge, and over the long term, this edge means that the odds are against you winning consistently and you will end up losing moeny.
Even professional gamblers who might seem to be making a living off gambling are facing huge risks. In fact, they main money they earn isn't from gambling. They get sponsors and stuffs, so they also have a "backup" in case they get wiped. People should be gambling for fun. Not for the money!

[btc_angela]

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 ?

Your doubts about making a steady income from gambling is correct. While some people/gamblers might get lucky initially, the reality is that gambling isn't a reliable way to earn a steady income. The house always has an edge, and over the long term, this edge means that the odds are against you winning consistently and you will end up losing moeny.
Even professional gamblers who might seem to be making a living off gambling are facing huge risks. In fact, they main money they earn isn't from gambling. They get sponsors and stuffs, so they also have a "backup" in case they get wiped. People should be gambling for fun. Not for the money!

And that's what you call beginners luck, when we started to gamble, and then we win at the start, we think that this is good to make money very easy. But then again, it's like gambling is going to sucker you up with this kind of experience.

You continue to gamble then, as if you said that this is going to be good and you can duplicate that first win of yours. Unfortunately, luck doesn't come in bunches, the sooner you learn this the better so that you don't see gambling as a way to make steady income to bring food in the table for your family.

[ethereumhunter]

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 a game of probability so it will be better you clarify what you mean by wining steadily. By my understanding,  steady winning is not wining each and every bet but being in profit with a range of time and doing this consistently of same range. It could be at the end of the week or month, one should be able to balance the records to check if in profits or loss.

But we know that very few gamblers will be able to achieve stable winnings while more gamblers will experience losses. Even though they try to use more money to gamble, that also doesn't guarantee they can win. That's because in gambling, there is no certainty when we can win and we can only gamble periodically and maybe hope to win one day. But if we can win one day, we must remember that we have been given the opportunity to win so we must be able to rest after winning. If we continue gambling, we may lose the opportunity to enjoy the winnings because the winnings may be spent to continue gambling.

[Gozie51]

There is no "STEADY" income with gambling. It is as volatile as the crypto market. One moment you own everything one moment you own nothing. With years of gambling experience I haven't been able to make up a steady income with gambling. Others might hit a fortune but nobody would say, they were lucky enough to win multiple times. The thing with gambling is you always have to be prepared yourself to face looses. I had been gambling as a source of entertainments not income. Nobody should. Gambling is not a job that offers steady income. Does it? Or do you believe that too?

Nonetheless, I have also seen people who now take gambling as part of the job they do but that is especially football gambling. They do that because of no job as the economy has taken a downtown, so they still surviving through the means of gambling and doing other smaller jobs that are not steady. It is unfortunate but to these set of gamblers, they are very much focused on information and updates about football because that is how they know the best predictions to make for them to have profit. However, they are business like with this as they don't do multiple gambling, they do realistic gambling by picking few games then using their bankroll to increase their potential winning amount.

[macson]

When you have the limits and you have control over your activities it is possible to make regular earning from gambling. From my experience as a gambler who tries to earn from gambling, it is really hard when your capital is small. When you've got atleast $1000 it is possible to make $10 regularly. Beyond that is kind of risk, so based on the capital will be our chance of regular earning.

In fact, if we have capital above $500, we can make a regular profit of more than $50 every day by gambling, but of course we have to have a thorough plan and an accurate strategy because even a few wrong steps can make us lose all the capital we have, usually those who are skilled at sports betting have a regular income from gambling, they are very confident about what they will get, even the capital they use is not small, usually above $500, it is not impossible to get a good and steady income from gambling, But are you sure you can get it and be disciplined for it?

[summonerrk]

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 concept of gambling is very extensible. Let's look at several types of gambling and whether it is worth participating in these gambling games only in one thing:

1) Slots and roulette - I don't see any point in launching different ones at all, because they all have the same meaning, and they differ only in the interface.

2) Poker - it probably makes sense to run several tables to speed up the "distance of games". Well, the conditions in different poker rooms are also different.

3) betting - it makes no sense to run multiple bets.

[2Pizza410000BTC]

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 ?

No one has ever made a steady income from gambling. Gambling is a platform where you are guaranteed to lose your money but there is no guarantee that you will win. No one can ever make steady income on a purely luck based platform. I have not placed odds on multiple games. I have only participated in betting with sports sites. But every gambler should remember to use a limited amount of money in betting and not to participate in gambling with more money. A percentage bet should be used so that even if you lose, you won't have a problem losing later.

OP I disagree with your opinion because I would never invest the bet money in the unique currency of crypto currency if I won a big sum on the bet. But I will always convert betting winnings to my local currency. After converting the bet money to my local currency, I leave 1%-5% to the betting platform to participate in the bet later.

[junder]

I think this is too difficult or even impossible, you have to consider carefully and from various sides before finally deciding to set gambling as a place to make a regular or main income. If anyone asks me about whether they can make gambling as a place to make a living then honestly I will definitely forbid it by explaining some reasonable reasons and according to the facts, whoever they still have to care for their safety.

I understand casinos do provide winning opportunities and I'm sure you come because you're tempted by all the possibilities to grab those opportunities, but one thing you should note is that in gambling there is absolutely no guarantee for you or anyone to be able to win for sure, more often than not, disappointing results occur. One of the main reasons why this happens and why losing is more common than winning is because the goal of casinos is to profit from losing gamblers, they have control over everything in the casino. So losing is certain and winning depends on how lucky you are while you will not know when you will be lucky, and the point is in my opinion it is better to look for other alternatives that are more certain and promising to earn.

The gambler who heard about the gambling from the social media and decided to earn the regular income from gambling.Impact it's not easy to earn regular income from the gambling by the experienced gamblers itself.Because the gambling game was based on the luck,many experienced gambler will loss their money in some day based on the bad luck on that particular day.So how being the fresh gambler will achieve the regular earning option in the gambling,it's the imPossible one.The gambler can do the trading of the cryptocurrency along with the gambling.So he can earn some dollars in every week from the trading,the trading money can be used in the gambling sites.It help the gambler to play the risk free gambling game,then the loss in gambling will not affect the gambler and allow to learn the game.

Of course it is no longer easy but quite impossible for anyone to be able to make a living from gambling, sometimes even professionals will never escape the risk of losing, but because they have a pretty good way of managing finances and self-control then obviously they will be able to keep everything safe and comfortable, if they are lucky and get a win then they will prefer to make withdrawals rather than behaving greedily because if the final result is not appropriate then it will allow them to act out of control.

So I think before you finally decide to choose gambling as a place to earn then you have to consider various things, don't just look at the chances of winning but also see what impacts can happen and happen to you, if you already understand about all the possibilities that exist in gambling, especially the bad effects then I think you will not be rash to decide and will not choose gambling as a place to earn income. Instead of getting income but the opposite happens, you actually lose a lot of money there. You give pretty good advice by doing crypto trading to earn and after that allocating funds from profits to gamble, but on the other hand don't you think crypto trading is also risky?

[Eureka_07]

<snip>
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 ?

Well, not me. Generally, my journey so far is in a neutral state. Almost equal number of ups and downs.
But I am sure that there are players that are having steady income with gambling. It just come with the right talent, skills, experience, and discipline.

Well, if you know how to trade, then I believe it will be a good idea to use portion of your winnings as investments to crypto.

[Blitzboy]

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 ?

Your doubts about making a steady income from gambling is correct. While some people/gamblers might get lucky initially, the reality is that gambling isn't a reliable way to earn a steady income. The house always has an edge, and over the long term, this edge means that the odds are against you winning consistently and you will end up losing moeny.
Even professional gamblers who might seem to be making a living off gambling are facing huge risks. In fact, they main money they earn isn't from gambling. They get sponsors and stuffs, so they also have a "backup" in case they get wiped. People should be gambling for fun. Not for the money!

How restrictive is it to perceive gambling only as profit and loss? Gambling is about chance, danger, and skill. Many use it for decision-making, risk assessment, and psychological warfare (think poker). Sponsorships and external income are not the only source of income for professional gamblers. Sponsorships help, but to say their gambling winnings are insignificant understates the expertise and strategy of professional gambling. The pleasure, difficulty, and thrill of gambling are what make it so enjoyable. Gambling should be done with caution. Leisure, not assured income. Enjoyment and skill development should be prioritized over profit.