Should gambling be treated as a means of livelihood

[WhoYouCantKill]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

[justinlamode]

The answer depends on if you are referring to a gambler or the operators (owner of a casino). If you are referring to a gambler, then the answer is an emphatic no, to a gambler it should not be a means of livelihood but something to be done at your leisure for fun and passive income. But to an operator, it can be a means of livelihood since gambling generally favors the operators more than the gamblers. You just need to have some capital to wait out any draw back you may face sometimes due to one heavy winning or the other.

[_act_]

The answer depends on if you are referring to a gambler or the operators (owner of a casino). If you are referring to a gambler, then the answer is an emphatic no, to a gambler it should not be a means of livelihood but something to be done at your leisure for fun and passive income. But to an operator, it can be a means of livelihood since gambling generally favors the operators more than the gamblers. You just need to have some capital to wait out any draw back you may face sometimes due to one heavy winning or the other.

From what the OP posted, you should easily know that he is referring to gamblers and not those that owns the gambling companies. The OP is right but just that topics like this are no more new on this forum. It is just a kind of repetitive post that we see often on this forum. Yes we all know that gambling should be for fun and not a way of making money.

[Pi-network314159]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

Well this has been said repeatedly in this gambling board about not treating gambling as a means of livelihood or a source of income as that will leed to addiction and loses. Whoever wants to gamble should just do it for fun and entertainment and not for business purposes, although there are some who treats it like business but I am not sure how profitable it might be to them but there is no guarantee that there is profit in the long run. The best way is to totally avoid gambling for business to avoid causing more problem to an existing one.

[Ivystar5]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

I thought we have talked about this severally in this board or is there anyone here still taking gambling as a source of livelihood? maybe the person haven't visited the board in a very long time. in this current day and time life has become harder and things have become more expensive, it's even better to depend on hard labour for livelihood than gambling, because gambling is a taker and not a giver, it takes all you have and only live you with little to nothing to write home about so, it's not even an option is there is nothing else to take as source of livelihood.

[Wiwo]

Needless to keep repeating same topics severally, this will only give room for shit posters to keep feeding their signatures quarter demands!

Lock this thread.

[BitMaxz]

I think we talked about this just a few months ago.
Gambling as your source of living isn't a good idea. If you gamble, unless you are the one who promotes it with your referrals, you could earn a 25% wagering commission or more depending on the casino. I don't know why the one above said no, but referring can be passive income if they get an active player.

Needless to keep repeating same topics severally, this will only give room for shit posters to keep feeding their signatures quarter demands!

Lock this thread.

The op might be newbie he didn't heard that topic and decided to make one.

[rachael9385]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

The moment you start seeing gambling as a source of income then you are going to have a lot of problems especially when it comes to addiction. Gambling is a game of chance and luck, using it a means to survive isnt what it's supposed to be for. Just like you said, any amount of money gotten form gambling should just be seen as luck and it's not always possible to constantly be in profit

[Cantsay]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

You already provided all that is needed to be said in this thread. You asked a question in the title and then went on to answer everything - if were to discuss this topic neglecting the fact that it’s a repetitive question we would only just be talking about what you already mentioned in your post.

So just to echo what others have said, lock the thread.

[terrific]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

There have been too many discussions about it already and we all know that it's not for livelihood's sake.
And whoever does it for that are real gambling professionals and if we compare ourselves to them, we're just casual gamblers that can do such.
If we win, we think of it already that we can be full time gamblers but that's just a lie in our minds because of how good the situation is recently.

[Sanitough]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

It really depends on how you look at it. We can’t just generalize that it’s impossible, because there are professional gamblers out there who actually make a living from it -rare, but still possible.

That said, it’s not something I’d recommend in general. The reason gambling is mostly labeled as entertainment is because, at the end of the day, we can’t beat the casino. So if we treat it as entertainment and we lose, it’s easier to accept since at least we enjoyed ourselves in the process.

[vanesha]

Never consider gambling as a job for life, this will make life more miserable, if you have a lot of money it is better to build a live casino and become a dealer, we all know that dealers will not lose, it is important to remember that gambling is just a place of entertainment

[Ambatman]

No. Gambling shouldn't be considered a job. More like something on the side
To check how lady luck is looking at you.
When it becomes a job, more attentions is placed on it which then leads to addiction
And spiral downwards into making losses which gets worse as time goes on.
I'd advice against taking gambling as a main job. Maybe take it as something as a side or did fun
No matter how lucky or skilled you may be.

[nelson4lov]

It could mean a lot of things for a lot of people. It's the same thing as saying since the financial market has a winning rate where around 90% of traders don't win doesn't mean one shouldn't indulge in it. Although I gamble for the fun of it while hoping to score a few bucks while at it, I've seen people that took and still take gambling as their primary source of livelihood and these guys are doing really well in life.

I don't know, maybe they studied it hard enough that it went from being a fun activity to a "for profit" business.

[mirakal]

Those who get extra lucky with gambling end up getting rich quickly and now live a comfortable life. However the problem is, not all gamblers are getting that luck, so never expect too much that we will eventually be making profits once we gamble. Reality is, gamblers often lose than making profits, and that is a proof that we won’t be seeing sustainable profits with gambling that will be a means for our survival.

Let gambling be a source of entertainment rather than a means of livelihood. If you want to live peacefully, find a stable job that will give you a sure monthly income, while you gamble only using an amount that you are comfortable of losing.

[CryptSafe]

The day you take gambling as a source of income is the day your riddance to addiction sets in. Gambling is not what one should see as a source of income but rather it there to catch fun and that is why gamblers are advised to gamble for fun and not for profit. There is a reason why such statement was formulated because they already know that it would entice people into thinking that they could get so much from it when in the reality it is not possible and as such would lead people to addiction while trying to pursue or recover their loses.

[Stepstowealth]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

Is there anyone in the forum who still needs to learn this lesson? a newbie perhaps because gambling has been mentioned here never to be considered as a means of livelihood, as a career. If anyone still wants to try though, that they are open to the experience, they should go on, experience finally is a very good teacher. The uncertainty in winning disqualifies gambling as a possible means of livelihood because you are not even use sure when you would win next.

Among skill focused gamblers and luck focused gamblers, If there is any of them who may experience some kind of success in turning gambling to a source of livelihood, it is the skill focused gambler who maybe from experience from many years of gambling and mastering his skill has been able to build enough confidence that they can play and win anyone. With a high level of skill, the gambler may be able to win more often.

[Cointxz]

Gambling don't have to be taken as a dependable means of livelihood. Sure some people wins, the odds are sure arranged to favor the house or maybe bookmaker, this implies steady winning rate is low. I think it should be seen as entertainment for fun, not a plan for financial growth. Relying on it for livelihood may quickly lead to losses, debt, and stress. Money gotten from gambling should be seen as luck, rather than something to lean on for life plans.

Treating gambling as livelihood is absurd. Gambling was dedicated for entertainment and clearly by looking at its game mechanics will make you think twice for using it as a livelihood due to the house edge and relying to luck for winning

Livelihood is way to earn money through working and gives consistent profit without relying to luck.

Relying to luck for a living is the most brutal way to live.

[robelneo]

Only newbies or idiots who believe they can make a living playing in a casino have tried this, and many have failed miserably after losing a considerable amount of money. There is no method or guideline that you can find anywhere online or offline that can teach you how to make a living in gambling.
The only people who can make a living from gambling are gambling operators and staff, and other companies that sustain the operation of gambling platforms.
An exceptionally gifted gambler can make a living in gambling, typically in sports betting, where analysis is their primary tool.

[Wiwo]

The op might be newbie he didn't heard that topic and decided to make one.

I have no choice but to agree with you on the fact that ops may have missed all those discussions, regarding the risks of taking gambling as a main source of income, like taking gambling to mean a business, since the gambling outcome is unpredictable, no guarantee that you will win.

Newbies like ops will definitely be needing us to keep repeating these warnings, since recent events have shown that a lot of gamblers, most especially sports bettors, are beginning to take their activities as a steady way to make money, which outcome is not always too good. They either end up in debt or become bankrupt from gambling excessively.