Can you make gambling a profession - a full time job

[Youngkhngdiddy]

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

Gambling to my understanding, is a trial-and-error game with uncertain outcomes, unpredictability, and luck. Therefore, professional gamblers must exhibit a deeper than usual understanding of the games, the statistical probabilities, and a high level of risk management skills.

However, it is critical to realize the risks involved, which include unstable financial circumstances and potential addiction problems. So, pursuing a gambling career should be approached with serious caution, and gamblers ought to be well-informed about the accompanying problems. Furthermore, I believe that having various sources of income and taking calculated risks will be highly beneficial.

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

   It’s not all about the money and strategy, there is a huge psychological component, and you’d better know yourself well, not just how you handle stress and pain, but how you handle euphoria and adrenaline rush. Do you have to use anti anxiety relief? Do you take care of yourself physically? You have to be in top shape mentally, but physically you must be on top of your game, also. Sitting and standing for long periods of time with intense focus will be excruciating if you aren’t physically ready for it which will lead to mental distress, leading right back to self-medicating. Gambling professionally takes more than money and strategy. It takes stamina, guts and the mental prowess to let go and/or go on the offense/defense when need be.
  Remember, you don’t need to win x amount of units to be successful. Actually you only need to win just 1% more than your stake over a year to live a nice life. Never chase losses, accept losses are part of the process and just move on. Think of bet, say it’s Evens. It’s only going to win 50% of the time. The sooner you accept nothing is 100% the quicker you’ll understand losses are simply part of the game.

[uneng]

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

Never, because there is something called house edge which gives the casino a percentage advantage against gamblers. You are never playing from equal to equal against the house. On short run it may not make difference for most gamblers, as they keep profiting, and that is the reason why there is that saying "beginner's luck". But the more you play, you will see you just can't beat the casino. Some will appeal saying the casino is cheating on them, but the truth is that it's just the house edge working at the house's favour.

People with deep knowledge of Math, probabilities and statistics will reach this conclusion and won't waste their time and money trying to find a gap on this system. Instead, they will use their knowledge to work and profit from a real career and full time job, and then maybe they use part of their income to have some good time gambling for fun.

[TimeTeller]

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

Never, because there is something called house edge which gives the casino a percentage advantage against gamblers. You are never playing from equal to equal against the house. On short run it may not make difference for most gamblers, as they keep profiting, and that is the reason why there is that saying "beginner's luck". But the more you play, you will see you just can't beat the casino. Some will appeal saying the casino is cheating on them, but the truth is that it's just the house edge working at the house's favour.

People with deep knowledge of Math, probabilities and statistics will reach this conclusion and won't waste their time and money trying to find a gap on this system. Instead, they will use their knowledge to work and profit from a real career and full time job, and then maybe they use part of their income to have some good time gambling for fun.

There are gamblers who can make this as a living like poker players and sportsbettors.
But if you talk about playing casino games or those luck-based games, better look for a stable job rather than put yourself into so much trouble.
So don't make a career out of these casino games because the likelihood of losing it is very high.
As you mentioned, find an actual career outside of gambling, and you will have better chance of sustaining yourself.

[lionheart78]

There is no perfect record in gambling.  Even series of losses is broken by a single win. So to answer @OP's question, Gambling can be a profession if someone wanted to but to win 100% all the time is impossible.  Even in a gambling game where skill is dominant in determiningng the outcome of the game losses, what more those luck-based game.

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

Everyone can try to make gambling a career path abandoning all other sources of income and focusing entirely on it, but I believe it will be a short live.  Sooner or later the financial status of a person will plummet especially when he performs badly.  A series of losses can easily deplete one's money so if a person is unlucky, he might empty his bankroll sooner than he intended to stop.

So I can say that it is not advisable to entrust one's future in gambling.

[Slow death]

How could a person make a constant profit or pursue a career in something uncertain? When a person gets a job, that person knows that at the end of the month he will receive his salary, so that person knows that he needs to do his job well so that he doesn't get fired. When a person has a store, that person knows that when they sell the things in the store they will make a profit, so they need to create many good sales strategies. but when a person enters a casino and looks at a football game and has to predict the outcome of the game in order to win money, then that person is dealing with something uncertain, so they do not have a guaranteed profit and should not consider such a thing as a profession. . Even if someone spends hours without sleep trying to create a strategy to beat the bookmaker, it will still be useless

the result will always be the same: the house will always win, which is why governments, in collaboration with casinos, have created campaigns to make people aware of gambling as fun and not as a source of income, because if they keep watching the games of gambling as a source of income will end up frustrated and bankrupt, with that I can say that there is no condition for a person to use gambling as a full-time job. There are many businesses that a person can do, but they should not look at gambling as a way to make money, because that person will not be able to make money from gambling.

[TelolettOm]

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

Focus on gambling as your main job? Wow, this is really brave but the risk is very high.
If it were me, of course I wouldn't dare take this risk. Even though we know that sometimes gambling gives quite high and tempting profits so that we feel like we are above the clouds. But on the other hand, gambling is also very risky. So it is not easy for everyone to get gains easily, instead they end up losing. For me personally, I wouldn't be able to and wouldn't want to do it as the main focus of my main job. If it's just a side thing or just for having fun, it's no problem as long as we can still control and manage ourselves.

[Onyeeze]

It is not a career part for me because I believe even those who claim to be professionals also lose money in it from time to time but what happens to their own situation is that they have capital base to deep into for steady refund. Moreover, they also understand how to manage their bankroll and to that extent they can be claiming professional. It is not a full time job even though some gamblers who don't have other source(s) of income have seen it that way of trier to know if it can help them to survive but really, it is not long lasting.

Gambling is not something someone have to choose as a best option of survival and you are not supposed to think that you are a professional in gambling because gambling is something that deals with luck and when you are opportune to win gambling it does not necessarily mean that you are professional, I so much like your instinct and suggestions concerning gambling because I believe that gambling have to do with luck because its not a skill, when someone said its a professional in any activity that means that person have acquired a skill acquisition, so I have not seen gambling as a skill and no one have address gambling as skill before to my hearing, so it's not to depend in gambling because it's a game of trials

[Oilacris]

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

Gambling to my understanding, is a trial-and-error game with uncertain outcomes, unpredictability, and luck. Therefore, professional gamblers must exhibit a deeper than usual understanding of the games, the statistical probabilities, and a high level of risk management skills.

However, it is critical to realize the risks involved, which include unstable financial circumstances and potential addiction problems. So, pursuing a gambling career should be approached with serious caution, and gamblers ought to be well-informed about the accompanying problems. Furthermore, I believe that having various sources of income and taking calculated risks will be highly beneficial.

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

It might hard to believe but there are people or gamblers who do make a living with gambling but only into those who are skilled ones and really that involved with those gambling games which
involves card game and sports betting yet these are the only games on which making it as a living would be possible yet there are gamblers who do really have that a good winning rate
on this one. Sounds impossible? Yes it does but there are people who do exist. It is really just the number arent really that great. This is one of the things or main reasons on why
some gamblers are really trying out their best to achieve such condition but ended up on focusing too much on luck based ones and this is why they do end up on a disaster.

[Rockstarguy]

You can make gambling a full time job because gambling is unpredictable,  no one can tell what the result will be like. Making gambling a full time job can end up in regret. Gambling should not be taking serious that people needs to rely on it as a means of daily income. Gambling is very risky which it is easy for people to lose their money, gambling should be seen as a game that people can easily lose , so it is important people must play with amount that they cannot afford to lose. Relying on gambling as a daily income can end up leaf to a serious addiction.  Gambling is too stressful to make it as a source income,  their are other things that can be made a full time job.

[Stepstowealth]

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?

If I am fortunate and from a very rich home where I already have wealth willed to me, I can choose to become this full time gambler because I have enough money to gamble with. This is not the same situation I am in because I am on a different road to make wealth and from many sources as possible. I can gamble to make some money to add to the money I get from other sources, but not turn gambling to my only source of income to depend on. If I make this this choice in my current financial state, I will starve.

[avp2306]

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

Gambling to my understanding, is a trial-and-error game with uncertain outcomes, unpredictability, and luck. Therefore, professional gamblers must exhibit a deeper than usual understanding of the games, the statistical probabilities, and a high level of risk management skills.

However, it is critical to realize the risks involved, which include unstable financial circumstances and potential addiction problems. So, pursuing a gambling career should be approached with serious caution, and gamblers ought to be well-informed about the accompanying problems. Furthermore, I believe that having various sources of income and taking calculated risks will be highly beneficial.

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

On solely playing maybe not since its hard to think about how people can get a huge winning streak and earn continuously while casino games is random and for sure there's nothing like this would provably exist. Maybe it could happen temporarily but winning would not happen all the time for a sole gambler. But they could make gambling a profession if they make theirselves famous im the industry. Since once they get sponsorship maybe from that they could start making gambling as profession.

[Casdinyard]

Nope. For me, the only way you'd make consistent money in this industry is if you took the role of the house and set your own casino for that matter, or if you choose to go pro and become really good at one particular game. Either way, you'd never be making money out of this industry as consistently that you could replace a regular full-time employment with gambling, and frankly speaking, it's even stupid that you'd think you could do it. It's good and all to aspire and dream of having a comfortable way to create profit, but you gotta be grounded sometimes as well. You know that a major percentage of people in the gambling industry couldn't even turn a profit if their life depended on it, and here we are talking about the possibility of making bank with gambling.

[qwertyup23]

<snip>
But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

I will not make gambling as an official job given the risks that are involved.

Gambling is a risky venture- meaning, there is no absolute guarantee that there can be profit. Sure, the returns may be high if you win the games but you can also lose all of your capital in one sitting. If you have bills to pay and obligations to settle, then gambling cannot answer for it on a consistent basis. The inconsistency of gambling is what makes this a dangerous path, especially if you weigh all the risks involved.

While there may be a couple of people (less than ~1%) that made gambling their profession, it still is a risky move for the average person to do it.

[robelneo]

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

As a gambling player definitely no, unless you are an exception to the rule, if there is a way to make gambling a profession we would have seen those successful gamblers creating videos and writing books that there is a way to make money from gambling and you can make it as your bread and butter, but unfortunately, there is none, we're still looking for that illusive formula.
but if you're looking to make money from gambling not as a player, you can pick from gambling reviewers, part of the online gambling platforms, or if offline casino you can work as a manager or dealer or publicity manager, so you're working not against casino but part of it for you to make money from gambling.

[Ultegra134]

You can, but should not.

You should not leave your income source up to probability with no assurance, stability or job security. This is the same reason I will advise caution to anyone investing in any asset regardless how reliable it is, cause there are to many factors out of your control.

Gambling is best taken as a recreational activity and not to be depended on as a means of livelihood.

- Jay -

This is probably the correct answer. Just because you can doesn't mean you should. Earnings from gambling are volatile and not guaranteed, and it's very likely you'll end up losing more in the process. I've seen some self-proclaimed experts that usually focus on sports betting and card games; even in that scenario, luck still plays a huge role, even though they require some kind of knowledge and skills. Are you going to rely on gambling for your survival? Certainly not the wisest decision.

It could possibly work if you're a streamer with a large audience that may cover any potential losses; however, gaining viewers and subscriptions and ultimately generating income isn't as easy as it sounds.

[Ever-young]

You can make gambling a full time job if you want, but the question is can you be able to make it out without getting your self stocked in a financial situation where your gambling can’t be able to free you from? Like if you are confidence on your self that your luck and skill is in your favour to grate win then you can give that a try but have it in mind that everyday can’t be a winning day for you and when you don’t win in three to 4 straight games or a week or two what next will you do, how will you foot the bills or what will be your next option, we are free to do what we know it can give us our desire financial comfort providing that it’s legal, we just have to give it a second taught before going into it fully.

[o48o]

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games?

My classmate was a guy of such sort. He really dedicated all his time to figuring out how to beat slot machines, exploring various loopholes. Nevertheless, he eventually ended up producing slot machines himself.

This is an example of how a dedicated gamer, spending a lot of time searching for the perfect strategy in the game and turning the game into his actual job, ultimately understood the system so well that he switched sides and stopped playing.

That actually makes lot of sense. If i wanted to know the secrets of slot machines in order to beat them, i would learn to make them. But after a while i would assume that i realized that you can't beat the modern slot machines, so i would take my expertise and make money from it anyway. I wouldn't want to waste all that special knowledge. Especially if i was really interested about slot machines.

Some people do that with paranormal / mystical fake healing etc. After years of study they realize that there's nothing real in them, they want to use and monetize their skills. Because using your life to learn something for so long and abandoning it takes serious strenght. As you need to build yourself from the scratch and find your identity again.

I am basically doing same thing with cryptos. Even if i lost everything, this is something i've invested so much time and stydying in that i don't want to move on other areas. That and i like it.

[Sakanwa]

You can make gambling a full time job if you want, but the question is can you be able to make it out without getting your self stocked in a financial situation where your gambling can’t be able to free you from? Like if you are confidence on your self that your luck and skill is in your favour to grate win then you can give that a try but have it in mind that everyday can’t be a winning day for you and when you don’t win in three to 4 straight games or a week or two what next will you do, how will you foot the bills or what will be your next option, we are free to do what we know it can give us our desire financial comfort providing that it’s legal, we just have to give it a second taught before going into it fully.

Well I think it all depends on the individuals mindset,most people gamble because they really want to make money,and there are some parts of the world where the only thing they do to survive is to gamble,and they do this because they do not have jobs in such country,.When an individual finds himself in such situations,you have no choice but to join the queue to do what they are doing,as long as profit comes in. But I laugh because in the case of gambling,profit is not even guaranteed because it is not a business,it isn't profit oriented,it only depends on the individual's luck.And when it be that it is the case of luck,then it means most persons will leave this world without having a proper taste of a big win.

[alegotardo]

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

I disagree with you.
Gambling has many risks involved, the profit margin is certainly large but there is a huge potential for it to "go bad" at any time.
I could even accept the hypothesis that an excellent poker player uses his skills to win money consistently, because in that case he would be counting much more on his skills than on luck, and thus reducing the risks.
But I still wouldn't recommend this "profession to anyone".

As with any investment activity, there are risks associated with making betting the only source of income and some of these risks include:

• Financial dependence: Betting regularly can lead to dependence, which can result in financial difficulties if bets are not paying off as expected;
• Winning volatility: Betting winnings can be highly volatile, which can lead to periods of meager winnings or even losses;
• Lack of employment benefits: As a bettor, you are essentially self-employed. This means you will not be entitled to employment benefits such as paid vacation, health insurance, and retirement;
• Financial stress: The stress of relying on gambling to pay the bills can be emotionally draining and even harmful to your health.

[danherbias07]

This question has been asked so many times and I still stand in my own opinion that it cannot be done as a career simply because it can always go wrong one way especially if we are in dire need of money.
Sports betting on the other hand might be profitable for those who have vast knowledge about their preferred game. Again, profitable but not a career because it can still be unpredictable at times and even going for the favorites has no assurance just yet. A strong player or a strong team could have a bad day and that will mean our bets also losing in the process.
I'd prefer just a side job but not as a career because once we get serious about gambling, there's a possibility that it can go south with a cloudy mind of stress for a reason of chasing losses or just simply trying to get our money back in an instant.