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Author Topic: Can someone take gambling as a source of income to he/she life?  (Read 2585 times)
Mr.suevie
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June 05, 2024, 11:17:25 PM
 #61

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.
I don't even know why someone would even think of making gambling as a source of income, I mean there is absolutely no certainty to what will happen the next minute with your gambling session so you relying on that is completely absurd and should I say share stupidity to have such mentality. Like you said success rate is never assured on every gambling session so their is absolutely no way to make this as an ends means.

R


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Rockstarguy
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June 05, 2024, 11:25:10 PM
 #62

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.
Gambling is not reliable to hold on it as a source of income , one of the biggest mistakes is to see gambling as a way that money can be generated through it. Depending on gambling can just makes one life to become very miserable, instead of hoping on gambling it is better to go for other things as a source of income . Gambling will always be unpredictable and their is nothing can change this . From what I have observed in gambling it is like the more you hope on gambling to generate money the more it Dissapoints you but when you play gambling just for fun and not expecting so much from it the lucks always comes. I have also come to realised that those who depend on gambling as a source of incomes always become depressed because it is hard for them to get what they expect in gambling.

R


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June 05, 2024, 11:56:07 PM
 #63

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?
If there is someone out there making profits out of gambling then that is good for them, after all it is not easy at all to accomplish this task as they literally have everything against them, however it is because of this that I would not recommend such a lifestyle to anyone, as most of us are used to get our salary each month and we can plan accordingly, but a person that has become a professional gambler does not have that luxury, and they could spend months or even a year losing money before things change for the better.
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June 06, 2024, 05:30:17 AM
 #64

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.
I don't even know why someone would even think of making gambling as a source of income, I mean there is absolutely no certainty to what will happen the next minute with your gambling session so you relying on that is completely absurd and should I say share stupidity to have such mentality. Like you said success rate is never assured on every gambling session so their is absolutely no way to make this as an ends means.
Your first paragraph & LFC_Bitcoin actually got my attention and I also agree with you that making gambling a profession wouldn’t be an easy one for people who don’t have a reasonable source of income.
And these has raise a thought in me that, to be successful in gambling you need much more money so as to keep trying even after your loss.

I was also going through a casino game site and was actually paying very close attention to a particular user and I discovered that, thy very user for three consecutive days has been gambling and he makes over 5 times his losses for the three days and he doesn’t gamble with little amount and for people who are familiar with aviator games on bc.Game site we will agree that, just as there are losses, there are also incredible winnings  and there are people who are living their dream lives off gambling but why matters is that, the gambler knows the gambling ethics of when to stop and when to continue.

R


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rojan
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June 06, 2024, 05:54:54 AM
 #65

You are suffering in your life with various problem but it doesn't mean that you don't have any other options. I don't think it's a wise decision to make gambling as this source of income because this is one kind of giving your lifehood living on luck. That's totally a bad idea. Choose and sustainable source for living life don't bring more problem in your life by making gambling for your income.
There will be problems on the way in life, those who overcome these problems can achieve success in life. However, those who gamble face many problems such as spending extra money on gambling. Spending extra money can lead to happiness and peace with family.  There are a lot of problems to live with. There are people who lose money by gambling and spend more time gambling to recover these lost money, which risks losing more money.

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June 06, 2024, 06:39:51 AM
 #66

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?

I have heard the word professional gambling several times and they are seen as people whose main source of income comes through gambling. When you search further, you will see that this set of people are those who have once been won big. Profession gamblers could also be seen as individuals who have full control over their gambling activities. Apart from those who have won big or have enough money aside to take care of their need, anyone who depends on gambling for survival will die of hunger. I might be wrong, but I am speaking based on experience. Most of the unemployed gamblers that I know ended up becoming beggars until they decided to get jobs. Gambling is an unpredictable terrain, which makes income from there unstable. And with an inconsistent source of income, survival will become a problem.

you aren't wrong, because majority of people who takes gambling as their source of income and they don't have a job. And mostly the ones that I do see most are graduate, why the graduates? Some of them will say the government didn't not provide good job for them, so they've been surviving with this gambling for years till now. For me I call that laziness because their some people who are graduate with no work but they went ahead and lent work for their selves, even if that's not what they have in mind of doing but they're doing it so that they won't beg for food tomorrow. So anyone who takes gambling as their source of income they're abnormal, nevertheless those one's who takes it as their source it's only when you own a business of your own. That's much better.

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June 06, 2024, 06:58:01 AM
 #67

You are suffering in your life with various problem but it doesn't mean that you don't have any other options. I don't think it's a wise decision to make gambling as this source of income because this is one kind of giving your lifehood living on luck. That's totally a bad idea. Choose and sustainable source for living life don't bring more problem in your life by making gambling for your income.
There will be problems on the way in life, those who overcome these problems can achieve success in life. However, those who gamble face many problems such as spending extra money on gambling. Spending extra money can lead to happiness and peace with family.  There are a lot of problems to live with. There are people who lose money by gambling and spend more time gambling to recover these lost money, which risks losing more money.

for me why people loses more in gambling it's because they are chasing on recovering their lost, just as you said that. There will be problems on the way in life but you adding more towards it by gambling while you have other things you need to solve, okay i would say maybe the person is fighting to get more money to his/her problems through gambling. But it's through this process of finding away to solve a problem with the means of gambling that makes people get more addicted to it, you're focusing on the money your mindset and your career will be on gambling for you is the means for you to get the money to solve your problems. From there you're taking gambling as your source of income for the day. That's my own opinion towards it.

And with that, we can say that gambling in no way shape or form can replace a regular job as a source of income. I do that as well in the past, but it did not end well as there are days that I will win and I'm so happy that I have money and treated it like a salary for week.

But most of the time, I got loses and everything is piling up until such time that I do look for a 9-5 paying job and stop my gambling for good. Although I will admit that I still play and gamble from time to time even in sports betting but I do acknowledge my big mistakes in the past with that kind of mindset.

R


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June 06, 2024, 07:06:54 AM
 #68

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.

sometimes why people get involve of taking gambling as their source of income, maybe they've a problem or they've heard of some testimonies from somewhere else. All gamblers are aware that their is no certain of winning in gambling, and they all knew that it's a game of risk and luck so for me before they make gambling as their source of income, their is something that triggers them taking gambling so far. Some it wasn't their intention but with the process they get so addicted that every day of their life's they gambles. And your answer isn't bad towards the question.

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June 06, 2024, 07:20:04 AM
 #69

 Well, I don't think that's a wise move to make; taking gambling as a source of income because what are the odds that'd you'd win at least three times a week. Where I come from, with prices of good always on the high and the cost of living trying to kill the living, it will be sheer stupidity to take on gambling as a source of income because there is no assurance of winning steadily and you don't want to waste funds that would have been used to achieve something else on gambling, so I don't see it as a thought someone wants to have.

R


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June 06, 2024, 07:39:06 AM
 #70

This has been discussed multiplt times, dont ever and ever make gambling as source of income or doubling your income, because you will only face the misery or you will make your life more miserable, I mean many people think that when they gambler they could double their money and because if that they will use their important funds, but eventually lose it all, the result is they will go crazy because if they just use the money to its purpose and not use to gamble then they have a little problem but they make it worst just because they want to double their funds or money which a stupid idea, I dont get it why many gamblers think that they could win if they will use an important money, little they know they are just being stupid thinking in that way. So just make a living with a stable salary rather than expecting gambling to give you a better life.

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June 06, 2024, 07:48:14 AM
 #71

Never compare yourself as a Worker than those people who is jobless but still manage to gamble because
for sure they are either in credit or doing crime just to sustain their gambling habit because there are no complete
winning and not gonna fed your family from gambling.
though there are some who are as expert in gambling that manage to live even luxurious life through
gambling but remember that this is just a small count of people that managed living than those losers.

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June 06, 2024, 08:02:01 AM
 #72

Trust me it is not worth trying mate.

Have had this gambling addiction or should I say super active gambling in the past that sometimes I even skip my work just to sustain my gambling desire.

yeah Sometimes I win but most of the time I lose ,  yeah I can take home big time but  the continuity will be losing so what is the sense of doing such when the gain is not even enough to feed yourself rightfully .

so my answer is NOPE ,  this cannot be a source of income in daily basis.

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June 06, 2024, 08:19:51 AM
 #73

Well using gambling as your source of income is never a good decision for someone because once you do that you are going to end up being useless in life, although once you make gambling as your source of income you will notice that your possibility of wining a gambling bet we very slim why because you have already put in your all mind that at the end of the day that you are going won a bet.

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June 06, 2024, 08:26:41 AM
 #74

You can, but that doesn't mean you should. Can you guarantee that you'll make enough to make ends meet? Probably not, and what's going to happen if you don't? You're seriously contemplating whether or not it's a good idea to base your livelihood on luck-based games? It's irresponsible to even think about it. Gambling may be profitable for short-term profit, but you cannot make a living through it. Maybe some people have managed it, but there are only a few, while 99% of those who attempted it ultimately ended up losing more than they've earned.

It's your call, is it worth the risk?

R


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June 06, 2024, 08:43:10 AM
 #75


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?


If there is someone out there making profits out of gambling then that is good for them, after all it is not easy at all to accomplish this task as they literally have everything against them, however it is because of this that I would not recommend such a lifestyle to anyone, as most of us are used to get our salary each month and we can plan accordingly, but a person that has become a professional gambler does not have that luxury, and they could spend months or even a year losing money before things change for the better.


I'm very confident that it's the same with trading. Everyone wants to gamble on their favorite shitcoins, and trade their way into making "millions of U.S. Dollars", buy a nice car, and get the girl of their dreams, BUT merely the top 10% of the smartest and most hard-working active day-traders actually make it. The rest of us are left and still are the plebs in they community. That's why the best path forward for us is to accept the the slower journey and simply buy Bitcoin, and HODL.

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Samlucky O
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June 06, 2024, 08:45:50 AM
 #76

If you ask me, I would say that it may be that those people you saw there don't come every day but you may have met them repeatedly or often times and such coincidence may occure to you that their life dipends on gambling everyday, but it may not be as you Think. Although I don't disprove the fact that people don't gamble everyday. My only advise for every gambler out there is never to gamble everyday otherwise such person will go bankrupt. In as much as  gambling is good to try lucky and have fun, we should not over do it otherwise it will affect us negatively. Gambling is good but we should play with caution.

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knowngunman
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June 06, 2024, 08:50:00 AM
 #77

What do we mean by source of income? A source or sources where we generate money for our upkeep on a daily basis. To live a moderate lifestyle, these sources have to be reliable and consistent else you'll live a miserable life if the source seized to be productive. Now, let relate this to gambling, do you think gambling can stand in place of this source of income? I know gambling is some time favorable to us that we may think of making it a source of income but our mind changed once we encounter some streaks of loses.

Winning in gambling is not always guaranteed and making it a source of income simply means that you don't have a reliable source of income. This could result to having a mixture of good life when you win and a terrible life when you are not winning. If one think they can survive for as many days as it takes for them to win, then they can make it their source of income.

R


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Hirose UK
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June 06, 2024, 08:58:40 AM
 #78

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.
I don't even know why someone would even think of making gambling as a source of income, I mean there is absolutely no certainty to what will happen the next minute with your gambling session so you relying on that is completely absurd and should I say share stupidity to have such mentality. Like you said success rate is never assured on every gambling session so their is absolutely no way to make this as an ends means.
This all happens because they think that gambling is the right place to multiply money easily and quickly, they only look at the results and only think about the ease of getting money, there is no risk in thinking about each of these decisions.
If someone can understand well what gambling is then they will be able to find out how difficult it is to get lucky to win and how big the chances of losing are, risk is always present at any time when someone has started gambling and this can give unimaginable bad results.
Basically, gambling is place to spend money, not to make money, so those with the mindset of being able to use gambling as source of additional income, then as time goes by they will feel that losses are felt much more than profits.

It cannot be denied that there are still many people who think they can make money from gambling and try to make gambling source of income, this kind of attitude cannot really be eliminated and gamblers with goals like this will also continue to emerge.
On average, beginners are gamblers who have the goal of making money and they will only realize that what they did was mistake when they have experienced bitter experience that cannot be easily accepted.

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June 06, 2024, 09:01:50 AM
 #79

Successful gamblers are the gamblers that make money from real business and not from gambling.
Specifically these so-called successful gambler which you have described are those who invest in the casino's bankroll.  They do not play slots, poker, roulette and expect a big win.They are more of investors than gamblers. They give the casino money to run it's operations and pay winners. Therefore when the casino makes money they also make money. This is gambling business serving as a source of income and not the activity in itself.
Someone can argue that nobody can make a successful career in gambling and they'll say that it is only irresponsible people that will take gambling as their only source of income because the probability of loses is far greater than winnings. But I agree with your analysis that there are people who can earn from gambling as a source of income, and they are the casinos and bet companies owners, including those that invests in reputable gambling establishments.

Because gambling is a lucrative industry where they make more money than what they pay out,  the owners and investors can make it their sole sources of income, but it's very unfavorable for the gamblers that bet their money to make it a sole source of income.

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piebeyb
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June 06, 2024, 09:04:46 AM
 #80

Never compare yourself as a Worker than those people who is jobless but still manage to gamble because
for sure they are either in credit or doing crime just to sustain their gambling habit because there are no complete
winning and not gonna fed your family from gambling.
though there are some who are as expert in gambling that manage to live even luxurious life through
gambling but remember that this is just a small count of people that managed living than those losers.
Yes, usually gamblers who use gambling as a source of income usually don't have a job and are unemployed because their time is only spent gambling, it doesn't matter where the money they get from gambling is either committing a crime or through loans, the point is that there are no gambling experts who are good at making money. money all the time even though he is part of the casino owner, after all it is difficult to beat the dealer especially if you only rely on games in the casino such as slots where winning depends on luck.

I think we all know that gambling should just be for fun and as entertainment nothing more than that, only people who live alone can gamble every day and earn income from gambling, I have a friend too, he is like that, he always hopes to win when gambling. because he has lost a lot of money, in the end he is currently in prison due to legal problems and committing crimes, therefore stop thinking that gambling can make money, it is clear that it will not be possible.

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