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Author Topic: Can someone take gambling as a source of income to he/she life?  (Read 2597 times)
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June 07, 2024, 02:36:34 PM
 #141

Gambling cannot be a source of income, it's as simple as that. No matter how much lucky one may get during a specific period, they will eventually start losing and when they do, they lose everything they have won earlier. A person who tries to make an income out of gambling will need to have capital that they won't use for their expenses and they will need to keep getting profits from gambling that they can use for their daily expenditures and that isn't possible.

Even if someone manages to win some money for a whole month, doesn't lose much, there will come a time when they will start losing and once they start losing their bankroll that they use to make money, they will start panicking, and out of panic, they will start losing more and eventually lose everything and then have nothing left.

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June 07, 2024, 02:59:19 PM
 #142

Can someone take gambling as a source of income to he/she life? the answer is no unless you are the owner of that gambling site or you are super lucky to win a million dollar invest it and then you can have passive income from it. A stable source of income from gambling in my opinion is not an option and cant be done unless you are super lucky and get monthly win from it.

Tho you can get steady income as a poster and join signature campaign like I did hehehe
Common gamblers win but not sufficiently enough to provide the needs especially if we already have a family but owners would. In fact, many poor people gamble, use their last resort to bet but end up getting nothing but just a ticket. Therefore, no way we have to think of this as our source of income as we can't rely on our future for luck and unstable earnings. It is better to run a small business because even earning just a small amount every day, we are still sure that there is something we get at the end of the day. It is still to be noted that gambling is just for fun, not for earning purposes.
Even whales cannot guarantee a consistent winning since there are instances that they encounter those long heavy losing streaks. So having those risk gambling should not be the main option for people seeking to get a source of income especially if they think they can really their daily needs on it.

But if they have influence or eager to become an influencer or ambassador then maybe he can earn something that can help him since for sure there would be a great profit to get if you reach that status.

But if you really don't have any skills or influence then I guess think about to gamble only for fun and just find other alternative ways to earn decent also legal profits. Building a business might be a good option but people need to study the market first and know the risk.

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June 07, 2024, 03:34:22 PM
 #143

Can someone take gambling as a source of income to he/she life? the answer is no unless you are the owner of that gambling site or you are super lucky to win a million dollar invest it and then you can have passive income from it. A stable source of income from gambling in my opinion is not an option and cant be done unless you are super lucky and get monthly win from it.

Tho you can get steady income as a poster and join signature campaign like I did hehehe
Common gamblers win but not sufficiently enough to provide the needs especially if we already have a family but owners would. In fact, many poor people gamble, use their last resort to bet but end up getting nothing but just a ticket. Therefore, no way we have to think of this as our source of income as we can't rely on our future for luck and unstable earnings. It is better to run a small business because even earning just a small amount every day, we are still sure that there is something we get at the end of the day. It is still to be noted that gambling is just for fun, not for earning purposes.

I think it is a fact that if a gambler comes with the intention of earning then they will definitely never feel enough when they win and this is what is called greed in a gambler, usually when they win they will continue to bet with larger amounts in the hope of getting bigger wins. Yes, I am sure that what you are saying is a fact about poor people, most of whom come with the intention and aim to produce results where they think that gambling can change the fate of their lives.

And I think of course it's a very natural thing if in the end what happens is just the opposite, or what that means is that they actually experience a lot of setbacks in their lives, simply put, instead of making money, what happens is they actually lose a lot of money, because as you said, they don't maybe we can make a place that has no certainties and guarantees a place to make money, plus only luck can bring someone to victory. So it's better to look for something that's certain, rather than chasing something that doesn't provide any guarantees.

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June 07, 2024, 05:35:39 PM
 #144

If someone lives their daily life by gambling continuously and thinks that they can make gambling games a source of income for them then that is a very unreasonable thought unless that person is a professional gambling expert who can easily win bets but if the gambler Ordinarily, don't expect to get income from gambling games because there are only losses and the bigger the losses, smart people will never consider gambling as a source of income, only losers will have thoughts that don't make sense like that.

Gambling games are always related to luck and a person does not always feel lucky in his life, gambling is a game based on luck, not a job that can pay for sure unless you are a worker on a gambling site then you can earn money through your job and not as a player. as users, we should not expect the impossible from a game of luck. If we are unemployed, it is better to look for another job than gambling which results in you becoming addicted to gambling.
Even if you and I understand that most likely we will not be able to earn money on a regular basis by playing gambling, then stupid and naive players believe that they will succeed, but the most important thing here is that the game itself will teach them, which will show them their losses if their confidence soars to the highest level. This lesson and overconfidence will cost them dearly. When I was at the beginning of my gambling journey, I also thought that I could win, but it was enough for me to lose only a few games to sink into reality and I’m glad that I understood it easily. The greatest difficulties will arise for those who are overly self-confident and who have narcissistic character traits. More modest people should not have such problems, in my opinion.

The fact is that it is really difficult to give understanding and advice to people who are already disturbed in their way of thinking, or in other words, it is really difficult to direct someone in the right direction if they are already basically so obsessed with gambling, because in the end they will probably think that we are someone who is too interfering with other people's affairs and also maybe I they will defend themselves with the idea that the money they use to gamble is their own money and not using our money.

On the other hand I can't completely say they are stupid but yes that's what happens when someone can't use their common sense and rational mindset properly which will eventually lead themselves to various possible disasters that will destroy their life. I understand that it is good to care about others, especially people we know, but if they are so stubborn and do not want to listen to us then yes in the end it is best to leave it alone, because in the end as you said that the bad effects of gambling will teach them and tell them that putting excessive confidence in an activity that does not have any guarantee and certainty is a big mistake.

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June 07, 2024, 06:28:22 PM
 #145

First of all such life is very hard and weighs heavy on your psyche.
You can do it for a while, you can keep on winning, but you will be under constant stress.

You can imagine this by looking at professional Wall Street traders. Most of them do it for a few years and quit because it's too stressful. Every day you go to work knowing that it's very easy to make a mistake there and a small mistake will cost you your job.

It's the same when you try to be a pro gambler. When you're rich it can be a way to kill time and prove yourself, but when you're poor it's constant fear.

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June 07, 2024, 06:34:08 PM
 #146

Gambling is highly risky so it is not possible that someone will get income on a weekly or monthly basis but there is little chance to win after facing numerous losses. There are lots of people who gamble but their profit is less because win or lose is not dependent on their hard work but it is related to their fate.

There are people who are getting good salaries from their job but when their losses are exceeded in gambling then they leave their job most of the time to give full time to gambling but this idea is completely foolish. I think we should never leave our job for gambling and should not consider gambling as a source of income as there is no surety about the profit of gambling.



 

 

 

 

 

 


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June 07, 2024, 06:37:53 PM
 #147

This is the problem of gamblers. Since they lose money in the game they started for fun, naturally their next quest is to get back what they lost and seek income. You should never try to get back what you lost in gambling, otherwise you will make worse decisions with this stress.

I have never heard anyone say that they make a living from gambling before. Even if they did, they would be lying. Gambling, which is best done for fun from time to time, turns into an extremely stressful situation.

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June 07, 2024, 06:54:54 PM
 #148

And I think of course it's a very natural thing if in the end what happens is just the opposite, or what that means is that they actually experience a lot of setbacks in their lives, simply put, instead of making money, what happens is they actually lose a lot of money, because as you said, they don't maybe we can make a place that has no certainties and guarantees a place to make money, plus only luck can bring someone to victory. So it's better to look for something that's certain, rather than chasing something that doesn't provide any guarantees.
This fact will definitely be experienced by gamblers who choose gambling as a source of income or even additional income. Usually this will be experienced from the influence of high wins that have never been achieved in previous gambling history, they will be greedy to be able to win again in the next gambling session so they don't care about high losses, they end up experiencing unexpected losses in gambling and they will say all of them have been wasted on what they expected to earn from gambling.

Every gambler never claims gambling as a source of income even though they have won big bets, be a wise and responsible gambler. You change your mindset to focus on finding other sources of income without the risk of losing anything.

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June 07, 2024, 07:44:03 PM
 #149

It's always a bad idea to put your last money on the line. You're not going to be thinking straight when you have that much to lose and it will negatively influence your chances of winning.
Of course you can choose a very simple game like dice and go all in. This way your nerves won't interfere in the process, but you have so much free time, so this doesn't make sense. You don't work, this is supposed to be your job. How are you going to change that time into money if you stake it all and the whole thing will be over in 1 minute?
What are you going to do when you lose? Starve?

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June 07, 2024, 07:58:10 PM
 #150

The majority of us will say NO but why not if we are destined to be a successful gambler? Of course, our negativity drives our minds to think negatively but it is possible in real life.

It can be one source of income but it doesn't mean we have to be fully reliant on this.
We have not to generalize that all gamblers are losers, many also have made their life better by doing this. We can say only a few of them, yet it is not really convincing but for them, they had already achieved things that can't be simply achieved by having stable jobs.

Gambling should not be a source of income because you only earn when you win, and your chances of winning are always not assured so what is now the point of seen it as a source of income instead of taking gambling as a source of income it will be better to even go get a job and gamble for fun whenever you are free but people keep seen gambling as an alternative way to make money. and gambling was suppose to be for fun bet on any of your favorite club and there is a price for getting the right prediction. and if you dont control yourself self you see some very nice offers with good odds and that is how you gradually want to play every day gambling is supposed to be a time-to-time thing not every day and some people even go to the extent of borrowing just because they want to satisfy the feeling they have to gamble and the earlier the better they start noticing that they are crossing the line the better. and anyone putting all their trust in gambling needs to rethink because it is just as if you dont win you won't that is not smart at all. to get just a job instead of burning much time gambling and even when you want to gamble there should be a limit. it is hard to see anyone who has achieved anything from gambling they always want to use the money to flex. and others will spend it wisely so this will even be on individuals because gambling is hard.

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June 07, 2024, 08:06:55 PM
 #151

Yes ofcourse,so many persons are earning through only gambling,but it depends on how you much you use for your staking and how many odds you decide to be staking on.If you chose to be staking on just 2 odds,then you have to always raise you capital to a reasonable amount because the amount you get in return will determine how much you used in staking..When you make it a consistent something,you maintain the way you stake,and make sure you stake on odds that are likely to play,then you can just sit in your house,and be receiving free income coming from gamble,then you won't need any other stressful job,just stay in your house and place bets,to make Money.
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June 07, 2024, 08:25:37 PM
 #152

Through gambling, it may be possible to help fulfill your needs with some of the wins you have obtained. But you have to remember that it only lasts for a while, the rest you will spend more money than you get.

Even though gambling is full of unexpected surprises, you also need to know that gambling is full of uncertainty. Because there are no guarantees and no one can guarantee that every time you gamble, you will win. So you cannot rely on gambling to fulfill your living needs.

Gambling is not a means to make money, rather it is a means to seek entertainment and pleasure. So don't ever misunderstand gambling. Because if you have the wrong perception about gambling, this will have fatal consequences for your behavior in gambling, and could lead you to a vicious circle that exists in gambling, namely gambling addiction.

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June 07, 2024, 08:27:38 PM
 #153

I had a friend that approached me last year and requested that I teach her gambling because she wants to start earning money from gambling because she believes that gambling is a side hustle that can make her get more income from there, but I discouraged her from gambling because she was already seeing it as a source of income, and if I encourage her to continue or teach her how to do so, she might get addicted and lose all her money in the process. What I am saying in essence is that gambling is not a proper means to source income; while doing that, you can get addicted and lose all your money, including your salary. 

Do not take the winnings of other gamblers as motivation for yourself, as if you can win like them, gambling can favor people at different times, and you cannot be lucky as someone else when you think you want to win might be when you are losing. 

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June 07, 2024, 08:37:49 PM
 #154

I had a friend that approached me last year and requested that I teach her gambling because she wants to start earning money from gambling because she believes that gambling is a side hustle that can make her get more income from there, but I discouraged her from gambling because she was already seeing it as a source of income, and if I encourage her to continue or teach her how to do so, she might get addicted and lose all her money in the process. What I am saying in essence is that gambling is not a proper means to source income; while doing that, you can get addicted and lose all your money, including your salary. 
She would not necessarily become addicted, but the likelihood of simply losing some of her money would not be small.

Perhaps gambling can be considered a very unstable and fickle source of money. Something like a salary bonus, which may or may not happen. Also, this bonus may turn out to be negative and will reduce part of your salary. If you look soberly at gambling as a source of income.

Do not take the winnings of other gamblers as motivation for yourself, as if you can win like them, gambling can favor people at different times, and you cannot be lucky as someone else when you think you want to win might be when you are losing. 
Should the losses of other (close) people in gambling be perceived as a demotivator for gambling?

Luck is a very abstract and ephemeral thing, which is very unstable and ends up in the hands of a few. Relying only on it is very risky, especially if you observe the luck of others.

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June 08, 2024, 05:55:52 AM
 #155

-snip-
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 will always say that gambling on its own is not bad but the way many people approach it, this is why people are now stereotyping it. Can you imagine yourself, for instance, you went ahead to spend all day gambling, is that good at all? Didn't you have other productive things you can do other day gambling? Just because your country had an industrial action doesn't justify you gambling all day, and by you including that industrial action means that it was never at the weekend, there are many useful things you can do with your free time.

Fine, you can gamble as well, but it should have its time and limit, it should not be extensively as that, otherwise, you will appear irresponsible. Personally, I feel guilty if a day of my life is not lived as planned, perhaps you should also have plans for the day and also query the plan before finally accepting it, it will help you so well.

At the same time, for you to discuss a thing like this shows that you are not even comfortable with it, so it is a good one, since you have a bad mind about it, you might avoid it next time. Generally, people living a life like this should stop, spending the whole day gambling or being desperate about it will take us nowhere, it is good to take gambling as a passive income in a non-desperate way but rather find a good job and other responsible daily engagements.

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June 08, 2024, 06:05:35 AM
 #156

No you can't, people all the time have tried to do this before and look where it got them, almost all of them have been left penniless and destitute because someone in their life said that there are people that are making consistent money in gambling, what those people forget to tell about those wannabe profit gamblers is that the odds of that happening to them is so slim that they're more likely to die in an accident going to the casino rather than making it big in gambling. Don't ever, ever try to consider this even if you think that the leap of faith to try this is so profound and that it's looking like you're in a movie, don't let the reality hit you so hard when you can avoid it.
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June 08, 2024, 06:38:42 AM
 #157

I had a friend that approached me last year and requested that I teach her gambling because she wants to start earning money from gambling because she believes that gambling is a side hustle that can make her get more income from there, but I discouraged her from gambling because she was already seeing it as a source of income, and if I encourage her to continue or teach her how to do so, she might get addicted and lose all her money in the process. What I am saying in essence is that gambling is not a proper means to source income; while doing that, you can get addicted and lose all your money, including your salary. 

Do not take the winnings of other gamblers as motivation for yourself, as if you can win like them, gambling can favor people at different times, and you cannot be lucky as someone else when you think you want to win might be when you are losing. 
Wrong assumptions about gambling will put your friend at risk of losing everything he has accumulated so far, he will of course risk everything because he thinks gambling can be used as a side job and can make money. Never teach anyone about gambling if the goal is only to make money because gambling never promised a win.

Most people who are involved in gambling always end up suffering due to misinterpretation of gambling, the effects of losing will burn their emotions to try to withdraw all the money that has been spent, but in reality they continue to lose and can cause addiction. I will never teach anyone if the goal is to make money, this type of gambler is capable of doing anything to get money to return to the gambling place because their emotional level is difficult to control.

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June 08, 2024, 08:03:23 AM
 #158

Wrong assumptions about gambling will put your friend at risk of losing everything he has accumulated so far, he will of course risk everything because he thinks gambling can be used as a side job and can make money. Never teach anyone about gambling if the goal is only to make money because gambling never promised a win.

Most people who are involved in gambling always end up suffering due to misinterpretation of gambling, the effects of losing will burn their emotions to try to withdraw all the money that has been spent, but in reality they continue to lose and can cause addiction. I will never teach anyone if the goal is to make money, this type of gambler is capable of doing anything to get money to return to the gambling place because their emotional level is difficult to control.

In my opinion, making gambling as a side job is risky, the strong attraction of gambling can make players forget their limits, especially if they are given a win which can make them even more convinced that gambling can indeed be a source of income. For example, if they really win at the beginning, it will probably make them more interested in gambling and they will continue to gamble even though the gambling they do ends in disappointment, namely losing the amount of money they bet. I agree with what you said, never teach anyone to make money by gambling, because if someone teaches you how to make money about gambling, it's the same as putting other people into misery. And don't assume you can get extra money from gambling for sure because that's the same as hoping. Do gambling appropriately, don't let gambling play against you.

with their misinterpretation it is what makes them experience suffering which can even put themselves in danger, with their misinterpretation it can indeed make their losses in gambling not be well received, they tend to get emotional when the gambling they do ends in defeat, and with The emotion that will occur is unclear thinking where they tend to take actions that are not considered first, which clearly carries a greater risk of loss, so we should be able to consider the actions we will take first so that we don't regret the results that occur.

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June 08, 2024, 11:04:10 AM
 #159

Yes, anybody can take gambling as a source of income out of their decision and the level of risk they are willing to take, also the level of finance they are willing to throw away. Does a gambler need to be told that profit making in gambling is just a trap? A trap that makes them want to gamble all the time. Gambling profit is determined by the casino and the casino wants to always be on the winning side, so it is improper to take gambling as a source of income, I wouldn't advise anyone on that but if they want to take such a decision, let them bear the risk themselves.

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June 08, 2024, 12:14:43 PM
 #160

Yes, anybody can take gambling as a source of income out of their decision and the level of risk they are willing to take, also the level of finance they are willing to throw away. Does a gambler need to be told that profit making in gambling is just a trap? A trap that makes them want to gamble all the time. Gambling profit is determined by the casino and the casino wants to always be on the winning side, so it is improper to take gambling as a source of income, I wouldn't advise anyone on that but if they want to take such a decision, let them bear the risk themselves.

you've made it clear let them bear the risk themselves, but what difference do you see in the life of people that take gambling as their source of income and those who take it like an entertainment to them. As for me it's not advisable to anyone to take gambling as their source of income in their lifes, why I say this because if you're a family man and you do have kids and your kid's are like 12 to 15 years old. And every day you end up at the gambling shop or staying at home to predict games, what do you think your kids will learn from your lifestyle? Nothing good really even if it's favoring you in other hands it's not advisable for someone to take gambling as their source of income in life.

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