Can you make gambling a profession - a full time job

[Taskford]

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!

Poker players and sportsbetting are about the only 2 ways I would consider gambling a feasible option for making a living from and even those 2 aren't easy at all to make constant earnings from.

With sportsbetting you can get information on the sporting event you are looking to bet on. Injury reports, weather, record vs each other, record on the year, good home team, good road team, or whatever. Even knowing all this and making an educated bet does not guarantee a win on the bet, anything can happen still.

Poker is a game where a person can win upwards of 5-15 million in 1 tourney if they have skill and luck. Buyin to the world series main event every June in Las Vegas is $10000 and top prize goes up each year as more and more enter the tourney each year. You have to put a lot into learning the game of poker. Learning to read opponents, using math to figure out your odds of winning a hand, odds of whether a bet is worth calling, or a number of things.

IMO, you're better off getting a normal job and gambling here n there.

We can see the actual people making a profession out of gambling.

And here are the list of people who are making a fortune on poker https://talksport.com/betting/1368650/top-10-poker-players-in-the-world/
For Sportsbetting here's the list of professional guys https://oddsmatrix.com/top-sports-bettors/

With this we can really say that we can make a profession here, but also it needs huge dedication to the craft we choose and also patience to be more knowledgeable on the field we choose. Although some may say that its hard to follow what those people achieve but if we show how passionate we are on the chosen field and be consistent without having any doubts with those things then provably same with those guys we can also earn a fortune with gambling.

But if we are playing on normal casino games like slot and dice or other type of games which based on luck then we can agree all to that there's nothing to look forwards there.

[Mauser]

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!

No I don't think this is possible, because there is no strategy in gambling that is going to be profitable all the time. The casino has its house edge in all games to ensure their long term profitability. That is why the chances for the gambler is higher to lose money than to make money. Anybody who is only going to rely on gambling for his complete source of income might suffer during a losing streak. In my opinion gambling should always just be a side business that can lead to some profits when we are lucky. I would never quit my full time job to start gambling all the time, because this can also lead to gambling addiction and make things much worse. How was your gambling experience so far? Are you making consistent profits that could cover your living expenses?

[348Judah]

We can see the actual people making a profession out of gambling.

This is more of having a decision on wether to take a professional opportunity out of gambling or not, since gambling is very wide and there are lots of gambling services being offered in which we can take advantage of making business in them, we could actually make an outsourcing out of it, this is all about business and what makes people spend money like that on it, people can also earn from it or make business with it, this is nothing but opportunity maximization.

[passwordnow]

This is going to be an unstoppable discussion despite that we know the answer. I don't know if some of you have seen people do it full time. I'd say that it's a yes, gambling can be done as a full time job but not applicable to me but why I am saying that it's a yes and possible? And that is because I've seen in the lives of other gamblers and friends of mine.

I've got a lot of gambler friends and they're grinding with gambling for being affiliates of the casinos that they are part of. So, there are a lot of things that you can do aside from being a gambling alone. You can be affiliates and advertise the casino that you're working on or just simply be a professional gambler and leave it like that.

You only need to know the games that you are good with. Because these full time gamblers, knows what's best for them and where they are good at. Like the sports bettors and the professional poker players.

[Mr. Magkaisa]

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!

        -  Other gamblers may have made this a career because they know what they are doing in reality. especially for those who think that this is a job that they can earn money from, even though it's not really like that in reality.

In reality, it is very difficult to determine if we can get earnings by playing gambling or if, in reality, the winnings of each gambler are agreed upon or based only on luck. It can't even be considered a class of skills, as far as I know.

[Blitzboy]

Yes, a very small number of people (maybe 1%) might make a living from gambling, mostly in skill-based games like poker and sports betting. They need to know a lot about the game, be good at math, and know how to handle risks well in order to be successful. Yet, can we generalize this to normies?

Its so unpredictable and based on luck, gambling isnt a typical job path. Its risky to depend on gambling for income; the people who have done well are the exceptions, the god of gambling, not the rule. Slot machines, the lottery, and games like plinko dont usually bring in a lot of money consistently. The instability and addiction risks of gambling as a full-time job outweigh its appeal.

So, why do some people go into this dangerous area? It could be the excitement or the task. But as a long-term, main source of income? Thats a risk in and of itself, and the odds arent in favor of the majority.

[len01]

there are lots of various questions around this and I almost always say in several other questions about the same thing that gambling can be used as a daily income or as a career to make a profit and there are only 2 options:

*gamblers build their own casinos.
*gamblers bet on games skill based such as (blackjack, poker etc)

first option is not included in the category you mean and the second is quite clear and everyone here definitely knows that skill based games can really be used to earn a steady income provided you master all the strategies to always win with the cards you hold without have to wait for luck to come just for a win.

and I will answer your question not at all. for the reason that it will only waste time because I consider gambling to be a game that only fills free time to try your luck and it is better to work to get definite results.

[stomachgrowls]

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!

        -  Other gamblers may have made this a career because they know what they are doing in reality. especially for those who think that this is a job that they can earn money from, even though it's not really like that in reality.

In reality, it is very difficult to determine if we can get earnings by playing gambling or if, in reality, the winnings of each gambler are agreed upon or based only on luck. It can't even be considered a class of skills, as far as I know.

You would really be able to find and realize for yourself on the time that you would step your foot into this field where gambling is really that involved with tons of losses and only a few could really be able to survive
on the sense that they could really be able to make a living with it. There's no way that you could really be able to achieve those things easily as these things do really require extreme experience and knowledge and of course risks handling. This is where people do really believe that it is really that indeed possible that making a living with it due to those other gamblers who do able to reach up that kind of peak but eventually
it is one of the main reasons on why tons of gamblers do really end up on getting wrecked because of this.

Gambling shoud really just that for fun because if you do find yourself that really minding about on making constant money then you are really putting yourself at great danger.
This is something that do speak about risks taking on every bets you do make, you should not spending on the money on which it is really intended on other means
or simply emergency funds because risks of losing it is really high.

[MAAManda]

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 once asked the same thing to someone I considered to be great in the world of gambling, but what did he tell me? he said that gambling could not become a mainstream income, it was because of the uncertainty inherent in it. There are many more factors that must be taken care of internally apart from external uncertainty, such as risk management and psychology in gambling. Honestly, I once had the intention to make gambling the main stream of my income, but it all failed because I realized that I couldn't control my gambling psychology.

[Outhue]

I think it will easily destroy you, there is no way to keep cool gambling everyday like it's your job, losses will visit you almost all the time and you will get mad at yourself, you can't be a responsible gambler gambling everyday like it's a profession.

It's not even advisable to gamble without having a job, because you need money even if it's very small, to take risk and see if you will win or lose, since you will be using small part of your money you won't lose your cool, as you must have been ready to lose that money anyway.

I know there are people that does nothing in their lives but gambling, but they don't do it every day and they don't gamble all around the clock like going to work by 9 am and going back home at 5 pm, that's crazy.

[Ultegra134]

You might wanna consider changing the bolder word to “can’t”.

Even though I'm only occasionally gambling, I'll have to disagree. Gambling actually has quite a resemblance with trading, it's main principle is uncertainty in terms of achieving a steady flow of income. While trading doesn't only depend on luck, because they're also other factors that may affect the outcome of your trades, such as macroeconomic that may hurt the market (see Binance lawsuits, resignation of the CEO etc.) and have a negative impact on your yield. Neither are capable of providing a steady income, but they are able to come up with large amounts of money if the odds are in your favor. That doesn't mean that you should even attempt gambling as a profession, I wouldn't even consider it as a side income, even if I had proven that my earnings are greater than my losses.

[DaNNy001]

Only a cracked or crazy person would think of making gambling a full time job because  the uncertainty of gambling is something no one can tend to rely on, especially if you are the type that have people you are feeding. Gambling is meant to be played as a habit that's takes you off the edge and sometimes makes you feel better but it goes wrong when you tend channel all our problem in life towards it and believe if you do that you might end up regretting because it will break you rather than raise you.

[EarnOnVictor]

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!

The answer is No from here, and the major reason I can't make gambling my main source of income is that such a decision would be very irresponsible.

Irresponsible in the sense that as we grow older, we have responsibilities, especially if you are a man. You will have a wife and children depending on you and are also looking at you as a role model. That's if you do not have extended family and friends who are also counting on you for one thing or the other. Now, it will be so ill of anyone to believe that a means of earning that is not guaranteed like gambling is what they will rely on for their financial needs of not only themselves but of friends, family and extended family.

It wouldn't have been bad if gambling was such that could earn you consistent money, but the reality is the opposite. By even trying that, you are mounting more pressure on yourself and this will only amount to more losses since you are not gambling with the money you can afford to lose. You will be under pressure and make more mistakes when you need urgent money, which is against the rule of gambling and makes you irresponsible even as you have dependents.

[adultcrypto]

This is similar to this topic I created in the past when I was also wondering about the possibilities of making a career out of gambling. There were many great comments on the thread regarding this concerns but what seems to be the opinion of many is that gambling is not a consistent venture that one should regard as a career. Many went further to say that instead of making gambling a career, it will be better to regard it as sides hustle, I mean something for passive income.

Even though I was thinking it could be possible to make a career in gambling, I still understood the need to have alternative stream of income.

[Jody.Drummer]

Only a cracked or crazy person would think of making gambling a full time job because  the uncertainty of gambling is something no one can tend to rely on, especially if you are the type that have people you are feeding. Gambling is meant to be played as a habit that's takes you off the edge and sometimes makes you feel better but it goes wrong when you tend channel all our problem in life towards it and believe if you do that you might end up regretting because it will break you rather than raise you.

I'm sure that if there are people who think and have the intention to make gambling a place that produces and makes this activity the main profession for regular income then obviously I'm sure they must be addicted victims whose mindset and common sense are no longer working properly. How could they possibly think to make gambling which has absolutely no certainty and guarantee to produce as a field to make a regular income? I don't understand this, I'm not saying that you won't win but all your wins are always unpredictable when it comes because it always depends on how lucky you are in that session. And while anyone will never know when he will be lucky and win.

Yes that's right, it would be a big problem if they have that kind of mindset while on the other hand they have a big responsibility such as having to provide for their children and wife, of course because someone who is married somehow they need money for sure, or I mean there is a fact of necessity that forces them to get money as soon as possible while what if they always lose and hardly get lucky? This does not make sense, I hope you or they can consider with common sense before making decisions and regretting.

[Lida93]

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!

Probability, prediction, luck, chance, likelihood, presumption etc, all these words are summed up in one word - gambling! They all are words that expresses uncertainty, lack of assurance and reliance in every sense of it. Is that what someone should abandon all other sources of income of his to fully focus on? Hell no.

I have seen many gamblers that depends on gambling without other source of income crumble to the ground, professionalism doesn't count and it's not a metric to achieve success in gambling it's all just luck. You can decide to go professional about it but if you are not lucky there's no success, and those that get lucky at it rather attributes it to their being professional.  If you want to be a gambler then just hit the road in a responsible manner and have other sources of income that's how it works.

[rhomelmabini]

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?

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 guess yes. Can we agree that those streamers who stream are professional and they make as their career? I don't think you'll be at a little loss if you're into gambling, it's more like a roller coaster ride as well, you lose hard sometimes or you make it at breakeven. For me, don't make it full time, maybe make it a part time where you can work on other things. These days having multiple stream of income was sometimes a priority to most.

[Saisher]

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?

I have a friend who knows horse racing very much and he loves betting on horses, he did not get rich betting on horses but he makes money from giving tips to new horse racing bettors there are many gamblers like this, they have deep knowledge of a game but failed to hit a big jackpot because of lack of funds and they end up becoming a tipster and make a living from being a tipster, of course, his tips are not perfect because tipster has a cunning way to make his tips credible

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!

Many experts in gambling platforms made a shift from players to becoming part of the sports they love and reached a level of expertise by becoming tipsters, and managers, but if you say a career as a player I don't think it's easy and very few have reached to that level while majority of gamblers are struggling to be one.

[DubemIfedigbo001]

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 -

He shouldn't even think about it, its not to be taken as a profession because he had some lucky day possibly and he starts feeling relaxed and continue trusting in the outcomes thinking it will be green all the time. Gambling has good and bad sides, the good side is monetary and the bad side  lingers for longer. When addiction sets in, he would be reduced to zero, there have been scenarios where people sold their houses, cars and power serious debts credit to gambling addiction.

Your got it right, he can, but he shouldn't. The repercussions can be extreme.

[bitbollo]

This is a topic we have discussed several times here on forum. if we talk about sports betting or financial betting it is clear that it is possible to create a career...instead if we talk about a career related to casino odds are not helping the gambler there Is no career

BTW like all professions this requires commitment, dedication, study, investment... I am bit skeptic its a rewarding career "more" than a classic work like a medicali doctor or some high skilled job