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Author Topic: Can you make gambling a profession - a full time job  (Read 2024 times)
uneng
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December 08, 2023, 10:53:15 PM
 #221

because if gambling activities such as betting or playing casino games are turned into a job, it is very difficult to make a profit or target a profit that can be used for living expenses.
If it were possible, many people would have already quit their currently jobs, especially the low paying ones, to live from online bets, without any effort while making huge profit in a very short timeframe. There wouldn't exist poverty anymore in the world, because as soon as someone needed money, they could access an online casino and raise some easy and instant funds. On the other hand, how could casinos profit and keep the industry alive and its workers paid then? Of course this money has to come from somewhere, and that is the reason why gambling can't be a full time job for gamblers, because if it were, it wouldn't be a full time job for casinos' operators and everyone else who work for the industry.

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December 15, 2023, 03:39:51 PM
 #222

Working as a casino dealer is another option Tongue

In other words, the only guaranteed method to make money from a gambling outlet is to be a part of the casino. Previously I told about investing in the casino's bankroll, but there is also the option of being a worker in the casino. Its an office job and not related to gambling directly.

Be the casino and you will get a good earning, but most of us can only dream of being one. Grin

R


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December 15, 2023, 04:08:02 PM
 #223

It is pretty true. It is not a wise decision to make gambling be the main job because we can't expect to earn money constantly in gambling. Most gambling games are based on the luck, it is very difficult to always win in the games. Although we already played the games for many years, there will be always no guarantee to win them. Sure, experienced gambler must have better chances to win, but it doesn't mean guarantee the wins. Because of this uncertainty, it is better to gamble as a side activity. Or to make gambling just for fun activity. Don't try to rely for monthly income from gambling, it is a very high risky!


It’s not a wise decision to make gambling a source of income because gambling as an activity isn’t a job and while there is an opportunity to win some money sometimes, the wins aren’t consistent and you don’t know when you’re going to win some money. The uncertainty of when there’s going to be a win rules out any possibility of using gamble as a source where some income can be earned.
Better to play for fun and relaxation than to play in an attempt to look for a way to earn money.

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December 15, 2023, 04:19:41 PM
 #224

Working as a casino dealer is another option Tongue

In other words, the only guaranteed method to make money from a gambling outlet is to be a part of the casino. Previously I told about investing in the casino's bankroll, but there is also the option of being a worker in the casino. Its an office job and not related to gambling directly.

Be the casino and you will get a good earning, but most of us can only dream of being one. Grin

Sometimes people (gamblers) often go too far in their dreams, wanting big wins consistently like you get a salary from your job, that's too ridiculous if you make gambling the place, honestly I don't know what actually affects their brains and thoughts so they take ideas like that in his brain and thoughts.

Obviously, if you really want to get a steady income from gambling then I would say that makes  sense and can happen if you become one of the workers, own some of the shares or partner with them regarding the gambling business they run. So don't dream too high if you are basically nothing more than just a gambler, which I would say is like a loser who only  tries his luck on luck to earn income. So I hope that you can think using common sense and logic in dealing with what gambling really is, before you make a decision and regret it someday.

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pawanjain
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December 15, 2023, 04:30:32 PM
 #225

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!

Full time ? I wouldn't even think of making it even a part time job.

Why ? Because I know, as a gambler, it's impossible to beat the system. Eventually, we lose our money and the casino always win.
So the only way to make money from gambling is to become a casino/site owner.

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December 15, 2023, 05:01:00 PM
 #226

If we are talking about full time - it is, of course, poker. To make a good living at it, you need to constantly improve yourself, finish psycholgical courses, try to do sports. There are few successful poker players, but why can't you be successful? There is always a chance
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December 15, 2023, 05:06:15 PM
 #227

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!

Full time ? I wouldn't even think of making it even a part time job.

Why ? Because I know, as a gambler, it's impossible to beat the system. Eventually, we lose our money and the casino always win.
So the only way to make money from gambling is to become a casino/site owner.
There's no way on beating the system but for those people who do think off this kind of probability then good luck with that. Sooner or later you would really be able to realize that it cant really be just that possible. You would really be finding up yourself to be chasing up some losses in the end, its never been a job and its never been a income making kind of thing on which it is really just that
too delusional if someone who do really have this kind of approach. This what makes gambling business to be so profitable because they are really that pushing their luck into the fullest
until they would really be finding themselves on getting bust up in the end of the line. People wont really be changing up not unless if they would really be experiencing unfortunate conditions.

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December 15, 2023, 05:14:37 PM
 #228

Working as a casino dealer is another option Tongue

In other words, the only guaranteed method to make money from a gambling outlet is to be a part of the casino. Previously I told about investing in the casino's bankroll, but there is also the option of being a worker in the casino. Its an office job and not related to gambling directly.
I think what OP meant is being a professional gambler as a full time job, though this is not wrong, if you really want to be making money out of gambling then yes, being a part of the house would make you easy money like just being a dealer or on technical stuff. But what I think on OPs question is that it is very subjective, because it could be a profession, we could watch professional poker players battling for a million bucks in a tournament. But if he meant like a in-household gambling, then it's probably hard to make it as full time job like earning in daily basis.

Be the casino and you will get a good earning, but most of us can only dream of being one. Grin
Not a dream! you can start low, have you watched the movie Molly's game? If not you should watch it if you are dreaming to become one!
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December 15, 2023, 05:19:17 PM
 #229

If we are talking about full time - it is, of course, poker. To make a good living at it, you need to constantly improve yourself, finish psycholgical courses, try to do sports. There are few successful poker players, but why can't you be successful? There is always a chance

I'm not really into card games, but I just got curious if you can really make a living on them. Because whatever gambling game it is, it is not a wise decision to make it as your source of income. As you know gambling is a business, and it was made for entertainment and those owners make a profit on you. Maybe others are successful at poker, but for sure they have enough money to spend on it or start on it, unlike those new people who have nothing and will think they can make a living on it.
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December 15, 2023, 05:56:34 PM
 #230

Actually gambling requires money that people earn from other businesses or jobs and then gamble with this money. So it is clear that you can never become a professional gambler but if you are rich it is possible. An addicted gambler knows that gambling is a trial with uncertain results and unpredictability but still gambles because winnings will increase the amount of money. Good source of income can be made from gambling but you need to have other business as well because you have to raise money to play gamble.

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December 15, 2023, 06:06:13 PM
 #231

Working as a casino dealer is another option Tongue

In other words, the only guaranteed method to make money from a gambling outlet is to be a part of the casino. Previously I told about investing in the casino's bankroll, but there is also the option of being a worker in the casino. Its an office job and not related to gambling directly.

Be the casino and you will get a good earning, but most of us can only dream of being one. Grin

Becoming a casino, in your context, requires lots of money to begin with, and not all gamblers have the luxury of getting trusted by investors who would want to invest in their new business idea. Hence, as a gambler who wants to make gambling a profession, it's crucial to think of ways to provide services that gamblers would need. Selling of sports predictions is quite getting huge traction in the internet market, gamblers patronize the sellers and prefer relying on them for all gaming analysis. The same applies to other methods of earning money through gambling, like affiliate programs and marketing. Moving into the topic, gambling as a profession requires lots of calculation and determination. Not everyone who has done it was able to succeed. Gamblers who move forward with their gambling venture still get bored in the process. Imagine spending all day gambling; offline or online.

Working hours building strategies that work and implementing them on different house edges, requires dedication. In offline gambling, staying alone gambling in a hotel, is strenuous. Limited time with loved ones and associating with other social activities, is not worth the stress. Other than that, gambling as a profession is dependent on the amount of money the player is ready to gamble with. After calculating the house edge the player should be able to know the amount of money that'll carry him through his career. Match it with the wins available for him and then play games forever, without running out of money. These also require the daily gambling amount and time to spend each day. The player can choose to gamble 5 hours in the morning and the evening. Provided he's a member of a comp club, he won't spend too much on hotel bills and food. He'll have enough points to cover those bills, he'll only have to bother about his invested money. Using a well-calculated strategy he won't run out of money ever, in the offline casino setting. But, doing similar things online wouldn't be possible. The focus will be divided compared to an offline casino professional player.

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December 15, 2023, 06:18:24 PM
 #232

Actually gambling requires money that people earn from other businesses or jobs and then gamble with this money. So it is clear that you can never become a professional gambler but if you are rich it is possible. An addicted gambler knows that gambling is a trial with uncertain results and unpredictability but still gambles because winnings will increase the amount of money. Good source of income can be made from gambling but you need to have other business as well because you have to raise money to play gamble.

Anybody who claims to be a professional gambler might suffer lack and want. Gambling is an unpredictable field that could lead to consistent losses and in some cases wins. I have read of some people who claim to be professional gamblers but one striking thing about them is that they have once won big. Maybe they use the big win to sustain themselves and family and keep on gambling with some part of the win.

I could resign from my job and focus on gambling if I win big in the future. This is because some wins might be big enough to cover my earnings for twenty years. I don't have need to continue my current job where I am underpaid if I win lets say a million dollars. I will comfortably create several means of income and become a professional gambler.  But focusing only on gambling as a source of income without any backup funds or investment that can cover the needs of your family might lead to gambling addiction. 

R


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December 15, 2023, 09:23:50 PM
 #233

Gambling as in spending your own money to wager and risk, I don't think that can become a profession unless there's somehow another source of income connected to it. For example this could be ad revenue if many viewers are attracted. But that's not very sustainable for many people.

On the other hand, I think there's some value in reviewing casinos and providing insight to players. Which requires certain skills and if done correctly could attract traffic and therefore become a source of revenue.

Otherwise thought, if you expect to earn reliable income simply by wagering, you are probably going to end up burned sooner or later.

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December 15, 2023, 09:32:33 PM
 #234

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!
There is no guarantee of winning in gambling, after all gambling is not a career or job that requires you to do it full time. You can win a bet today, but you cannot win it the next day. If you depend on gambling for your financial needs (as a gambler) then I think you will really get into trouble.

Have fun gambling if you do, but don't make gambling a source of income because you never know whether you will win or lose. It would make more sense to trade as a full-time job instead of gambling, so think wisely.

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December 15, 2023, 09:53:40 PM
 #235

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?
Why will you even think about making gambling a full-time job? It doesn't make any sense to me. There are some people who are jobless and they depend only on gambling, but things don't really go well for people like that. If you owe a gambling company and you want to make it a full-time job, then it's fine. Gambling companies are the ones that are making the real money, gamblers are just wasting time. If you are a gambler, you shouldn't even gamble because you think you can make money from gambling. You are getting everything wrong because you might end up addicted to gambling, which will cause more harm than good.

Can someone bet with little or no loss because it is one of the most unpredictable games to play?
You cant gamble without loss, I only gamble on soccer alone, and I will say football is unpredictable, the team that you are confident about winning might end up disappointing you, so when you are gambling on score, you are definitely going to lose money. Your chances of losing are even higher than your chances of winning, so when gambling, you will definitely lose money.

We should just maintain the fun aspect of gambling and stop thinking about the money. If you want to make money, then you should use other means as your source of income, not gambling. If you win from gambling, you should just take the money and do any necessary things that you will need at that time, but don't plan for the money you haven't won yet.

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December 15, 2023, 10:57:16 PM
 #236

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!
There is no guarantee of winning in gambling, after all gambling is not a career or job that requires you to do it full time. You can win a bet today, but you cannot win it the next day. If you depend on gambling for your financial needs (as a gambler) then I think you will really get into trouble.

Have fun gambling if you do, but don't make gambling a source of income because you never know whether you will win or lose. It would make more sense to trade as a full-time job instead of gambling, so think wisely.
It might shock you that some persons depend on gambling as the only source of their money.They do no other thing than to predict games,and win.They take gambling as the only thing that can fetch them money without them stressing themselves.In this  case,they don't start with  their main capital,they only try to win games and invest the outcomes of the game or the money they gained from it.They now stake with high amount,an that is how they  win big too,but when you can't handle anything that has to do with emotions,it's not always good to take this kind of risk without being financially stable,When I see the people that gambling has helped,I don't see any reason why I will say gambling is not a job.

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December 24, 2023, 09:47:32 AM
 #237

It might shock you that some persons depend on gambling as the only source of their money.They do no other thing than to predict games,and win.
It is a risky lifestyle choice to make and question is how long can you manage to keep up with the wins? Usually such people are already owning a small to middle cap business or their spouse is owning one and the other one is gambling - meaning there is a money cushioning that gives them stability in case they lose. Someone who is broke might think twice before gambling their last few cents.

Then you have these rigged smaller size games that are gambled on and the wins to some are guaranteed. Usually they trap tourists and steal their money like this. It is a nice scam but one that people are nowadays aware of.

R


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December 24, 2023, 10:25:01 AM
 #238

Otherwise thought, if you expect to earn reliable income simply by wagering, you are probably going to end up burned sooner or later.
Majority of gamblers are losing than winning so it's not really possible to rely entirely in gambling as a source of income and not even possible to be treated as profession (this is for gambler who wager their money). Sometimes we can win, but how often? It can be treated as a side hustle if the games that you're going to play is a skill-based (so you can apply a strategy and skills) then you have other source of income. But relying only in gambling as a full time job? I don't think so.

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December 24, 2023, 10:54:56 AM
 #239

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!
There is no guarantee of winning in gambling, after all gambling is not a career or job that requires you to do it full time. You can win a bet today, but you cannot win it the next day. If you depend on gambling for your financial needs (as a gambler) then I think you will really get into trouble.

Have fun gambling if you do, but don't make gambling a source of income because you never know whether you will win or lose. It would make more sense to trade as a full-time job instead of gambling, so think wisely.

The most funniest thing about gambling is that no matter how professional you are at it, you can't have an 100% winning streak. You will definitely lose somethings. Although one can easily earn from gambling if we'll managed but taking it as a full time job may be risky.

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December 24, 2023, 10:58:01 AM
Last edit: December 24, 2023, 11:14:46 AM by TimeTeller
 #240

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!
There is no guarantee of winning in gambling, after all gambling is not a career or job that requires you to do it full time. You can win a bet today, but you cannot win it the next day. If you depend on gambling for your financial needs (as a gambler) then I think you will really get into trouble.

Have fun gambling if you do, but don't make gambling a source of income because you never know whether you will win or lose. It would make more sense to trade as a full-time job instead of gambling, so think wisely.

The most funniest thing about gambling is that no matter how professional you are at it, you can't have an 100% winning streak. You will definitely lose somethings. Although one can easily earn from gambling if we'll managed but taking it as a full time job may be risky.

But if you talk about professional poker players, they can make a living out of it as well as long-time sportsbettors.
However, the risk is still there, as any gambling game. Hence, one should always assess himself on this addictive activity.
This is why very few can get out alive on this habit. Even professional poker players can get screwed if they don't know how to manage their funds.
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