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Author Topic: Can someone take gambling as a source of income to he/she life?  (Read 2598 times)
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June 05, 2024, 06:52:47 PM
 #41

It is highly unlikely for an average person to make gambling a consistent and reliable source of income. Some people can have short term success gambling is based on chance and luck, making it a risky and unpredictable venture.

Most people who attempt to make gambling their main source of income end up losing more money than they earn. It’s important to approach gambling as a form of entertainment rather than a means of making money.

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June 05, 2024, 08:51:46 PM
 #42

~~.

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

For me no, because if I want to get a source of income it is through work, business and so on which gives us certainty, not based on luck. However, there are quite a few people who use gambling as a source of income, and that is their choice and right. In fact, they are free to express themselves according to their wishes, especially if it is not against the law. So it's clear, my answer is that it's all the rights of each individual.

However, it is important to know that getting a source of income from gambling is not easy. The point is, someone must play a game based on knowledge, insight and skill. If he had chosen a game of pure luck, I don't guarantee that someone would have produced what they did. Apart from that, even though you, I have experience, knowledge and insight related to certain gambling, it is not certain that we will win every time we bet and that is the challenge.
We often read, hear and even discuss, there are several people who are successful from gambling. Even then, most of them play skill-based games. if you win the jackpot from the lottery, that's different again. My question is, of the many gamblers in the world, we can only count those who have truly become rich.

Now I ask you, how do you and your friends find sources of income from gambling. have you done it before? I'm sure not. regarding the friends you tell, especially in the stories you shared during school, what gambling he did, fiction, online casinos, or traditional betting with his friends. each point, the answer will be slightly different. So, I doubt if your friend can win every time he gambles.


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June 05, 2024, 09:02:31 PM
 #43

The proper answer to your question is no, it is very unpleasing and a bad reason to gamble. Gambling should never be taken as a source of income, gambling is something we do for fun despite with the intentions of wanting to get profit but that does not mean we should depend on it in order to take care of our bills and needs. There is no certainty of winning any gambling participation so why risk our finance into something that has lesser probability of working out.
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June 05, 2024, 09:36:16 PM
 #44

Can someone take gambling as a source of income to he/she life?

If they can, they are the blessed child of God. It's not possible 99.999% of the time when someone tries to attempt to do that.

I knew people who gamble a lot but their income is not only from gambling, they work day jobs and even gamble their complete wage on betting with the hope of making it 10x or 50x but either way you are the one going to bite the dust cause house always has the edge.
In reality no one is rich from gambling or can even maintain and increase his money consistently in gambling to support him, if it were true it would be the most popular industry in the whole world, maybe even the founder of a global company would rather gamble than having to work hard all day and think hard to develop his business if he can easily get money in gambling through luck.


I can't say for sure that no one became rich just only by gambling which is why I limited the possibility of not happening to 99.999% because theoretically it is possible but most of them won't have such amount of luck with them and I belong to that category as well.

I would like to recall that Gambling is indeed one of the popular as well as successful industries and that makes sense cause casinos got the edge so they will end up with more money on the table if more people are gambling but if you thought that gambling will be popular if gamblers become successful then you're wrong.

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June 05, 2024, 09:40:48 PM
 #45

It is highly unlikely for an average person to make gambling a consistent and reliable source of income. Some people can have short term success gambling is based on chance and luck, making it a risky and unpredictable venture.

Most people who attempt to make gambling their main source of income end up losing more money than they earn. It’s important to approach gambling as a form of entertainment rather than a means of making money.

When you ask me whether I should make gambling as a main source of income, I will loudly say no. Because that will be like putting my head in one basket of which if the basket leaks, you have absolutely nothing to do about it. That's the kind of scenario I will give to anyone trying to take gambling their main source of income. The purpose of gambling to me is for fun. It's a game that you play with fun and not for a living.

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June 05, 2024, 09:49:07 PM
 #46

I was gambling today online since their is strike no work, so decided to take all my day to place a bet and this thought comes to my mind. That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible. I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods. But that was back then his parents was sending him money, but right now with the economy situation in some countries someone will haven a little money meanwhile he/she have gone alot stress to get the money and he/she will tries to increase the money by gambling. Everyday he/she continues like this hmmm it's bad.

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?
The only ones who do make money are into those gamblers who have been dealing up with strategic based kind of gambling like on sports betting or poker. I dont see any possibilities about dealing up with casino games on which we know that this is really that heavily relying on luck on which it would really be just that not ideal for you to consider out on making it as a source of income. For those people who do have that kind of delusional approach towards gambling then just let them be. They are the ones who would really be able to suffer up such condition because they wont really be having those kind of realizations not until they would really be experiencing those unfortunate conditions. They would really be playing as much as they could and trying out to force for things to work without having those realizations that its not something possible.

We cant really be lucky anytime when playing gambling. Even if you do deal up with poker or sports bet, it wont really be still giving out that kind of guarantee when it comes to success.

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June 05, 2024, 09:52:57 PM
 #47

Will that guarantee gambling as a source of income? It's a bad thing that they will lose everything they have.
For me, anyone who considers gambling as a source of income then he has a mindset that wants to get rich quickly, does not want to work hard that there is only silence and continues to play gambling.
You know how many people think like this? It's very rare even gambling for them is fun in their free time they don't force it because they know gambling at the end will lose.

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June 05, 2024, 09:53:09 PM
 #48

It is highly unlikely for an average person to make gambling a consistent and reliable source of income. Some people can have short term success gambling is based on chance and luck, making it a risky and unpredictable venture.

Most people who attempt to make gambling their main source of income end up losing more money than they earn. It’s important to approach gambling as a form of entertainment rather than a means of making money.

Of course, the facts about gambling will somehow reject the idea of earning that the majority of gamblers carry with them, and one of them is as you have said above that in gambling there is absolutely no element of consistency in terms of winning, everything is always random and this is the reason why gambling is often referred to as an activity that can never be predicted. And yes it is true that some people can be successful in the short term in the sense that only when luck comes at the right time, and it is a fact that everything that is only based on luck can never be used as a place to earn.

The logic is how can we make money if the victory only comes when luck comes at the right time, and yes it is true that most people who try to make gambling a place to earn always end up with various downturns in their lives, and we can see how the situation is experienced by gambling addicts, and because of the bad effects that is why gambling is always recommended to be used as a place to seek entertainment only, the reason is clear.

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June 05, 2024, 09:55:30 PM
 #49

That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible.
Talking about gambling as a source of income is one of the worst things I will even think about. How are you going to wake up, then you will gamble throughout the day, and you will keep on repeating that every day, no matter how you are making money, gambling shouldn’t be taken as your only source of income. If you are gambling just for the sake of money, then you are supposed to have other sources of income. Get yourself a job, or get yourself a business and make money from it. If people see you gambling every day, then they will think you are an irresponsible person.

I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods.
Your friend might be gambling, and it’s going to be in his favor, but time might come when things won’t really be going well for him, he might end up spending everything they are sending to him on gambling, and he will be losing it all. Then maybe that’s when he will end up regretting why he gambled with the money. When gambling, always know when to stop, even when you are winning.

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June 05, 2024, 10:05:07 PM
 #50

if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?
That's their life to live and we have our own to live as well.

If gambling is their profound hobby and profession, you can't go against them if they know what they are doing. There are real full time and professional gamblers and they're able to save a lot of assets as well while doing this.

It can be a hobby to someone and as well as day job to the others. But if you're just a casual gambler, don't think that you'd be the same as them because you're still far from what they've gone through.

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June 05, 2024, 10:06:14 PM
 #51

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?
Do you know anyone for real who is living this kind of lifestyle, or do you only see them boasting their luxurious lives on the internet? You have to be careful on who you trust on the internet, because most of the stories you see around aren't genuine. People are used to fake personal experiences, skills and stories in order to look more attractive to the audience and earn followers, views and sell their products. That is how they make a living from.

The lifestyle is just the propaganda and the tool they use to generate income for themselves. And in most cases, probably the income they make from it wouldn't be enough to pay for the lifestyle they are boasting. I've already seen these people renting luxurious cars, mansions and using fake piles of paper money to record videos to their public. So they give the impression it's everything real, while in fact it's not.

You should be aware about that, especially regards gamblers, since we know the more they play, more money they are going to lose, due to the house edge feature, which proportionates the house to have an advantage over games' results, and that can't be beaten on long run.

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June 05, 2024, 10:24:09 PM
 #52



so my question do rich people also lost more money than their winnings as it happened to poor people too?

The system is not made to filter out those that make little deposits and make sure they lose their bets, if anything it should be those with large bankroll that should be facing loses as they are the ones the casino will make more profits from.

If you check drakes and other celebrities that wager large amount you’ll see that they also lose their bets - although, we can’t tell the ratio of their losses to their wins but the fact that they lose publicly means that there is a possibility of them experiencing losing streaks.

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June 05, 2024, 10:30:10 PM
 #53

Those gamblers who think that gambling can be a source of income are desperate people, because they may be too lazy to work in companies, they want their time and they saw that in gambling. But they did not see that there is no certainty of getting a profit here.

Because the real source of income can only be found in opportunity investments, trading in stocks, cryptocurrency, traditional business or online business and etc. Not gambling. Because the profit in any type of gambling is really just luck and no skills are discussed there.

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June 05, 2024, 10:30:17 PM
 #54

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

It depends...
Some people say that it is possible to earn a lot of extra money and even make a living from sports betting, just for them, but I myself doubt that this is possible.
The issue is that many people still confuse sports betting with gambling and this generates a lot of misinformation.

Gambling, although it can yield a very high profit, has a very small probability of winning. Furthermore, casinos have the math on their side, meaning even if you win once, you can't always win, or at least it's very difficult to keep winning consistently.

In sports betting, the bettor can find valuable probabilities, and even though it is almost impossible to predict exactly the probability of an event happening, those who can define the fair odds with greater precision can check whether the probability that the site offers is valuable or not. and make a profit from it.

In sports betting, the possibility of winning a lot of money at once exists if you place an accumulator bet or bet on results that are difficult to predict. As the gains are limited, so are the losses. But, if the bettor controls the risks and develops efficient bankroll management, it may be possible to accumulate small profits on several bets and live solely on that.

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June 05, 2024, 10:55:23 PM
 #55

No matter the situation someone is going through in life, the person should not think of gambling as a source of income. People that take gambling as a source of income are most likely going to regret it later. Successful gamblers are the gamblers that make money from real business and not from gambling.
How can someone make gambling a job? I seriously don't understand what you're talking about. I get how gambling companies make money, but I can't see how someone could wake up every morning and gamble for their livelihood. Most of the money people use for gambling comes from other sources, not from gambling itself, so it doesn't seem possible to me.

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June 05, 2024, 11:06:18 PM
 #56

I said let me express my feelings towards this to forum gambling discussion, if there are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

Gambling should not and can never be a dependable source of income for a person. It is very bad if you use gambling as a source of income because return on investment is not guaranteed and can tarnish your image even in the society for engaging in such acts. People play if for pleasure, fun etc; but making it a major source of income is where the whirl stop stick about it will come in. You can’t over smart it, so it is better not to try to than to fall into and regret such actions that are irreversible after it has happened. All money used for gambling are not majorly source out from gambling, it is always from other sources.

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June 05, 2024, 11:07:20 PM
 #57

I mean you can but you've got to have a really good knack for gambling and you're smart enough to know how the deal in casinos work and what I mean by that is that you're good at understanding that the casino will kick out players that are winning so much and sometimes if they're the scummy kind of casino, they might not even credit you. The difficult thing about making gambling your income is that there's definitely days where you're at a loss and that's not really an advisable thing to happen for your stable income because you still have a lot of needs and it's stupid of someone if they don't deal with their priorities first and then do all the gambling.

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avp2306
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June 05, 2024, 11:11:27 PM
 #58

No matter the situation someone is going through in life, the person should not think of gambling as a source of income. People that take gambling as a source of income are most likely going to regret it later. Successful gamblers are the gamblers that make money from real business and not from gambling.

Some people fall to a trap due to desperation and they expect something huge because they didn't realize those consequences of each decision they have done. If they think gambling can possibly be their way to get a profit or became their steady source of income well maybe they need to have reality checking if this already happened to someone. Also they need to know by the word gambling the risk is so high for them to lose their money their.

That's why its important for them to know that if they don't have much and they are struggling on life especially for buying foods or their basic needs then its more advisable for them not to gamble. What they need to do is to take care first their selves and buy those important thing that can help them survive. Only think gambling when they have extra funds which they can afford to lose since for sure they would have great experience to deal with it if they don't do profit chasing since this is so stressful action or decision to be done by some people.

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June 05, 2024, 11:12:38 PM
 #59

I was gambling today online since their is strike no work, so decided to take all my day to place a bet and this thought comes to my mind. That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible. I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods. But that was back then his parents was sending him money, but right now with the economy situation in some countries someone will haven a little money meanwhile he/she have gone alot stress to get the money and he/she will tries to increase the money by gambling. Everyday he/she continues like this hmmm it's bad.

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?
many persons who is into gambling have already experienced the advantages in gambling and the risk that involve into gambling this class of people is the people I know very well that they cannot tell you that gambling can become a source of income many people who does not know of gambling or people who is new in gambling can be the one to say that a gambling is a source of income from their own understanding so what I'm saying is that try to practice and examine things before you come be able to come into conclusion. Quantum I want to say is that let us not think that gambling is away to make more money or away to make additional money in the morning you have because nobody can predict you can gamble in order to make a profit and luck run against you  lose, I think you have don't need to think that gambling is a source of income.

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June 05, 2024, 11:16:20 PM
 #60

It would be quite irresponsible to take gambling as a source of income, gambling is a gane of uncertainty you never know the outcome untill its concluded and how can you have a life under such terms, IMO gambling can not be seen as a source of income or even wellbeing no matter how good you are at it.

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