ANYONE here makes a living in gambling?

[AVE5]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

Making a living out of gambling is not consistent of consistence to rely on. You can only make that count in a short term probably if you're lucky to hit the jackpot and then you divert your won prizes to somewhere else like investment but sitting upon the casino with the expectations of winning on a regular as source of living is impossible instead you'd be at stake of loosing more and more.

[mak013]

Let's be honest.
We are in a century where no one can make a good living through a means, or a job so saying someone can make a living through only gambling is something I don't think can really work. Although we have some people that make a good amount through gambling, and most of the people I know do it through sports betting and slots game but they also have something else doing where they also earn.

I know at least 3 men who made gambling their main income.

I also know some people who have made a lot of money through gambling. They see gambling as work, but they never focus only on gambling. I hope you can advise those men you allegedly know to add something else as their means of income due to th negative effect of making gambling their main income.

They didn`t made "a lot of money through gambling". They all income is gambling.
One of them get all his income only from gambling for about 3 years. I know that he has no any job. Two others get main income from gambling for more than a year, but that have no any job i know from their words.
And as i know, they don`t plan to change something in their life.

 i combined main job and gambling for few months and can say, that i got enough to live in gambling(but my salary higher and it was to hard to combine and i had to choose the job) and it was more than medium salary in my country.
But i agree that the main part of gamblers, even very successful, mostly use gambling for additional income.

Gambling can be add as additional income but don't have the impression that every game play will always result into a winning for you, and I do hope you still maintain the ability to control your buzz.

I proved for myself that gambling can be main income, when you not only make few bets on weekend. In my situation my salary higher than profit i got from gambling, but it doesn`t means that i got few bucks and happy with it.

[Dr.Bitcoin_Strange]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

Making a living out of gambling is not consistent of consistence to rely on. You can only make that count in a short term probably if you're lucky to hit the jackpot and then you divert your won prizes to somewhere else like investment but sitting upon the casino with the expectations of winning on a regular as source of living is impossible instead you'd be at stake of loosing more and more.

There could be some few persons that are doing so, they sit at the casino all day and they win and are comfortable but for someone that has family and a lot of responsibilities on their shoulder, there's no way they can be able to survive off gambling profit because they are going to lose and face some depressing moment that can cause more lose for them. The best way like you said, if one win jackpot or perhaps a huge amount, they can invest in the real world asset that can generate passive income for them.

[rachael9385]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

I'm talking about gambling that's not purely based on luck. I'm sure you're aware of games where skill plays a role like poker and especially sports betting, which is pretty popular.

Is anyone here doing this long-term? If so, I'd love to hear your insights because I'm interested in following this path.

It's impossible to Make a living with gambling because it wasn't designed to give anyone that result. Gambling is a game of chance and luck it's delusional to think that you can make it a source of income. Even if you bet on sports that has a high chance of winning it's impossible to make it a source of income if you don't have something that generates money for you. Gambling is for everyone but profitable gambling isn't for everyone, not everyone has the capacity to engage in profitable gambling.  In profitable gambling you need to have a sufficient bankroll to always keep betting so you can make a profit that would cover up your losses. This is why gambling is for those that have a source of income, but this doesn't mean you should gamble carelessly.

[EluguHcman]

I’m 100% sure that no one can do this in long term due to the house edge and volatility of luck based game such as slot games.

The OP already stated that he’s not talking about games based purely on luck. So to keep the discussion more relevant to us, we can focus on sports betting and how to make a living from it.

If we can put it up in any way either game of lucks like the sports or skillful games, as long as gambling is concerned, no one can successfully boast about holding gambling as a source of reliable income and keep winning in the long run.

It is either you have a formidable rival or the house edge will be daunting to your defeats.
So the risks involved are not worth trusted to say we can continuously make living out of it on gambling.

There aren’t many replies yet, but maybe someone will eventually share their experience and prove that they’re actually making a living from sports betting. If that happens, we might learn something especially if they provide solid proof or a convincing narrative.

Gambling is a game of luck so even if any successful persons has made it possible, it would be in just a short term so, even when it is being proven, there is absolutely nothing we can learn about it secret because gambling is like trading which strategies of making profits depends of the market regularization.

So if a trading strategy favours you at a current moment, you may need to employ a different a strategy as the market regulates in volatilities. So that is how applicable it is in gambling.
So there is actually nothing we can learn from their terms knowing because their strategies might have been outdated before we get it applied at our own time.

This is still one reason why we must say... Gambling in anyways is a game of luck and can not be a proven of making living out of it in regular basis of long term.

[EarnOnVictor]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

We always hear this but have not seen a provable person doing that, and for me, if I see anyone claiming online that he gambles for a living, I will not bother to believe it because it might not be true, people could be ugly. And to some people who tried it, it might be a temporary success, but they may not be able to replicate it in the long future, gambling is so risky.

To those who have won big, I advise them to gamble with a little and invest most of the money elsewhere rather than believing it will always work fine for them. Otherwise, they will lose it all and even borrow and still lose even more, gambling must be approached reasonably.

[suzanne5223]

Let's be honest.
We are in a century where no one can make a good living through a means, or a job so saying someone can make a living through only gambling is something I don't think can really work. Although we have some people that make a good amount through gambling, and most of the people I know do it through sports betting and slots game but they also have something else doing where they also earn.

There are some ways to make it work, if you are a streamer with tons of viewers and a deal with the casino you could make a living from gambling, the money that you see on those streams isn't real money, the casino make deals with those users where the casino put the balance and the streamer put the entertainment, in the end the casino pay to the streamer for his job.

Another way is to get affiliates, a good marketing campaign to get a lot of affiliates can leave a lot of money, you only need one high roller as your affiliate to make 4 digits each month.

I know the streamer gambling funds are not real, and the whole thing was fabricated for game marketing purposes. However, I don't think we should consider streamers who are marketers as gamblers.
Therefore, streamers are not gamblers who genuinely play casinos and win.

I also know about the affiliate, but it is still the same as the streamer because they both focus on marketing the casino.

Let's be honest.
We are in a century where no one can make a good living through a means, or a job so saying someone can make a living through only gambling is something I don't think can really work. Although we have some people that make a good amount through gambling, and most of the people I know do it through sports betting and slots game but they also have something else doing where they also earn.

I know at least 3 men who made gambling their main income.

I also know some people who have made a lot of money through gambling. They see gambling as work, but they never focus only on gambling. I hope you can advise those men you allegedly know to add something else as their means of income due to th negative effect of making gambling their main income.

They didn`t made "a lot of money through gambling". They all income is gambling.
One of them get all his income only from gambling for about 3 years. I know that he has no any job. Two others get main income from gambling for more than a year, but that have no any job i know from their words.
And as i know, they don`t plan to change something in their life.

Oh. I guess you're talking about people who are into streaming or something like affiliate marketing, which is quite different from what the OP was talking about when s/he said that gamblers that play not luck-based games and make a living through the gambling games.

 i combined main job and gambling for few months and can say, that i got enough to live in gambling(but my salary higher and it was to hard to combine and i had to choose the job) and it was more than medium salary in my country.
But i agree that the main part of gamblers, even very successful, mostly use gambling for additional income.

Gambling can be add as additional income but don't have the impression that every game play will always result into a winning for you, and I do hope you still maintain the ability to control your buzz.

I proved for myself that gambling can be main income, when you not only make few bets on weekend. In my situation my salary higher than profit i got from gambling, but it doesn`t means that i got few bucks and happy with it.

Just to know if we're on the same page. Are you still talking about streaming, affiliate, ref, or anything that has to do with marketing casino and getting paid for it? If yes, it is possible, but if you're talking about gamblers that are genuinely into playing games.
Buddy, it is a dangerous habit

[2Pizza410000BTC]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

I'm talking about gambling that's not purely based on luck. I'm sure you're aware of games where skill plays a role like poker and especially sports betting, which is pretty popular.

Is anyone here doing this long-term? If so, I'd love to hear your insights because I'm interested in following this path.

I have a good experience in gambling and the amount of winning is much more than the amount of losing while gambling. Still, I cannot say here that I can earn a living by gambling. And I do not know for sure whether there is anyone like that here, because if someone earns a living by gambling, then I think that person will definitely become addicted to gambling. Gambling should be used for entertainment. Gambling should never be used to earn money. Whenever gambling is used as a means of earning money, the possibility of becoming addicted to gambling will increase.

[danherbias07]

Gambling isn't a full time job, anyone who try to makes a source of living would be disappointed. I remember when I had high hopes in gambling, I thought of playing games with low risk and Rolling over weekly, anytime I do the calculations I get so optimistic from my potential wins but this has humbled me everytime, I'm sure a lot of old time gamblers can relate to this experience. Anyone here that claims to make a living in gambling is just being delusional. At some point in gambling there's a chance of losing e dey single penny you have won on your good days, I wouldn't really call that a winning game.

Yeah, that's the possible outcome of this kind of plan. Disappointment. Frustration. Regrets. There's no way it can also be a joyful ride, there will be stress and frustration most of the time because a losing streak could possibly happen. So, it's also not good for our mental health because it could swing our emotions to becoming happy and then suddenly angry.
I think if there's anyone who would make a living out of gambling, they are mostly in games that use analysis to possibly win the game. I would not say it's 100 percent winning but they can increase their chance through deep research about the game.

[TopTort777]

So, do we have a true gambler here that makes living by gambling or just random gamblers? Imho if there is someone who really makes living by gambling, he wont be on this forum. Possibly we could find such people on gambling forums. I think I saw some streamers who play online poker with multi table method, but they are not many, they do follow more stressed life than others. Guys are around 30, and already bald or have lots of gray hair

[Smartprofit]

Very few people make money gambling. Yes, gambling games like poker allow people with special skills and abilities to make money.

However, such people are very few. Before setting yourself the task of making money in poker, it is advisable to ask yourself, what competitive advantage do I have, how am I better than other players? After all, poker is a zero-sum game.

When some players win, other players lose money. What is your competitive advantage? Do you have unique mathematical abilities? Do you have a unique memory? Are you a great actor and are able to bluff? Are you an excellent psychologist and know how to unravel someone else's bluff?

If you do not have some special abilities and skills, then your chances of winning at poker in the long term are zero.

[Patikno]

Sometimes I try something new, I want to try betting on outsiders, but I have not yet figured out how to do this, so at the moment I do not think that you can make a living in gambling.

It doesn’t have to be based on your own experience because you can prove it just by looking at others who are actually making a living from gambling. Maybe only a few people can do it, and it’s possible that none of them are in our circle.

But what’s important is that we don’t close our minds to the idea because in reality, there are people who truly make a living from gambling.

It is true that there are people who make a living from gambling, in my environment there are also some people who make a living from gambling, not only from gambling, but also with affiliates on a gambling site or game, more precisely, what happens in my environment is something like other cellphone gambling games that have chips to play, and these chips can be used to make a profit, and besides that there are also content creators who are affiliated with a gambling site or game. So, I think it's wrong when someone thinks that they can't make a living from gambling.

Being an affiliate is probably the easiest way to make a living in gambling, but that’s not really the discussion here. The real focus is how to win consistently in sports betting, which most people fail to achieve.

Affiliate marketing has its limits, you earn based on referrals, and there’s a cap to how much you can make. But if you’re the one putting up a bankroll, your potential winnings scale with your funds as long as you’ve already proven yourself to be profitable. That’s the real challenge.

I understand what we are discussing here, maybe you misunderstood what I meant earlier, there I said that in my environment playing gambling games on cell phones that have chips to play, so that the chips can be used to make a profit for their living, and even in one gambling game they create around 100+ accounts to get profit from it, because it happens that there is a daily bonus that can be claimed, and the great thing about all these accounts is that every day there are some that can make a profit, and that's how they play it to make a profit. Well, that's why I feel that it is very possible to make a living or a living by playing gambling consistently, based on the story I mentioned.

[AliMan]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

I'm talking about gambling that's not purely based on luck. I'm sure you're aware of games where skill plays a role like poker and especially sports betting, which is pretty popular.

Is anyone here doing this long-term? If so, I'd love to hear your insights because I'm interested in following this path.

Everybody knows that idea about luck on gambling, only that an individual who's taking gambling out of control just ignore that certain condition. Despite of how reliable we foresee the game whether it's casino or even sports betting, still in the end we're tricked with gambling in the first place. Making a living out of it only works with casino owner, not the patronizers of the business.

[ginsan]

Being an affiliate is probably the easiest way to make a living in gambling, but that’s not really the discussion here. The real focus is how to win consistently in sports betting, which most people fail to achieve.

Affiliate marketing has its limits, you earn based on referrals, and there’s a cap to how much you can make. But if you’re the one putting up a bankroll, your potential winnings scale with your funds as long as you’ve already proven yourself to be profitable. That’s the real challenge.

Actually in this case being an affiliate is not a situation where we make a living in gambling but it will only be one option for us to get more profit from the gambling that we will do because indirectly by having an affiliate then the bonus that will be given will be a little more compared to other players who do not have it so that is a situation that I feel is not used as an advantage for us to make a living but to improve us in terms of gambling that will be done.

Because in this case gambling seems to remain the same where no one can rely on themselves voluntarily in this case to be used as a source of income in the form of our survival. Making a living can be done by working, becoming an investor or maybe even for some people can take advantage of other things such as doing business etc. But gambling will not be included in our criteria for getting profit as a source of income because something like this will never happen.

[OgNasty]

My advice to anyone who has been lucky enough to consider themself making a living in gambling would be to quit while you're ahead.  Numbers don't lie.  The house always wins in the end.  If you do insist on trying to earn a living though, use the link in my signature to sign up with Stake.  lol

Seriously though.  Don't forget that gambling is entertainment, not a living.  You should only do it to have fun, otherwise your expectations will leave you disappointed.

[GIF-JOBS]

So, do we have a true gambler here that makes living by gambling or just random gamblers? Imho if there is someone who really makes living by gambling, he wont be on this forum. Possibly we could find such people on gambling forums. I think I saw some streamers who play online poker with multi table method, but they are not many, they do follow more stressed life than others. Guys are around 30, and already bald or have lots of gray hair

If a gambler loses money beyond his means due to excessive gambling, then the gambler's hair will surely fall out,  even if he is young. 

Anyway, I have seen a gambler who used to live a luxurious life. He lived very well with his family, but since he started gambling, his daily life style changed every day. One day he would be very happy, but the next day he would not leave his house, and when we would see him, we would see that he was feeling very upset, in fact, that day he lost money in gambling.

He used to gamble regularly every day, but with the passage of time, the amount of his losses kept increasing, and the emotions in his mind kept getting deeper and deeper. After few month, he changed mentally, he became kind of crazy, Actually he lost a huge amount of money in total, I checked his casino account, there I saw that his total losses were over $9000+. Basically, because of these losses, he lost his mental balance.

That is why the end result of gambling addiction is disaster, so all precautions must be taken to stay away from this addiction, and gambling should be viewed only as entertainment.

[Numeral]

However, such people are very few. Before setting yourself the task of making money in poker, it is advisable to ask yourself, what competitive advantage do I have, how am I better than other players? After all, poker is a zero-sum game.

In sports poker, you can improve your skills in the game. And if you work hard at it, then sooner or later you can come to the fact that you will earn a stable gambling game. For a long time there are good poker training videos and books and articles. There is software to analyze the game, essentially like chess. The program shows you how you could have played better in the same situation. Thanks to such things you can grow very well professionally in poker.

[ChiBitCTy]

A guy name James Holzhauer was on jeapordy the game show for quite some time who did really well.  He was a professional sports gambler.  I'll never forget Alex ( rip to the all time great host) discussing with him what it took to be a pro-gambler.  James talked about how difficult it was, and how most people should not be shooting to "that"..

"James Holzhauer, a 34-year-old professional sports gambler, is blowing up the traditional “Jeopardy!” style of play — and taking home mad money as a result. Even if you’re not competing on a game show, though, experts say you can take something away from Holzhauer’s aggressive, and successful, strategy"- https://www.cnbc.com/2019/04/25/how-jeopardy-champ-james-holzhauer-has-won-over-1-million-dollars.html

[stompix]

~

That's really remarkable stompix :O

The problem with going 15-20x, is that although you have had good results in the last years, you can't be sure that your results will continue being as good as until now.

In order to really make a living out of betting/gambling I think that we would need a component of certainty which by definition is not compatible with the randomness inherent in these games.

And it's also the sums involved, as I said I don't just end each day in profit, there are days when I constantly lose, so I would need a bigger bankroll, plus on top of that to keep the same results I would need to bet constantly, I am not allowed to pick random days as it might turn out bad, I need to even those out so all those put together would be lot of stress.
Then, there is the problem of the living cost, some in poorer countries might manage to squeeze a $400-500 a month and achieve that, in Europe you need at least 3 times that to scrap by, so 3x the bankroll, 3 times the sums.

No matter how confident I might be in my skills, I would not be able to keep that up.

[HelliumZ]

I've heard the phrase "making a living in gambling," but I don't know if there are actually people here who have pulled it off. So, this thread is me asking, are there any users who can prove that it's possible to make a living from gambling?

Making a living out of gambling is not consistent of consistence to rely on. You can only make that count in a short term probably if you're lucky to hit the jackpot and then you divert your won prizes to somewhere else like investment but sitting upon the casino with the expectations of winning on a regular as source of living is impossible instead you'd be at stake of loosing more and more.

Winning the jackpot at a casino is truly a matter of luck, a luck that happens to very few people. Only those who win the jackpot in their lives can shape their own destiny and shift their investments elsewhere. They can establish their own businesses or become entrepreneurs themselves.
But for those who spend their time gambling constantly in the hope of winning the jackpot, it is really difficult to manage their life or livelihood solely depending on gambling. If for some reason they are unable to win the jackpot, life certainly becomes more difficult for them.