Can gambling Ever Be a sustainable income source or just Entertainment.

[Derekfunds]

Anyone who's in profit after taking account of his gambling history should count himself among the few luckiest gamblers because it's not something that many gamblers tend to benefit. There are high number of losers but when it happens they they're making a little win in the middle while they're losing it looks as though they ain't really losing it all, but going through total games played they would understand they're at a huge losing end to the house.

That would be a rare thing but you are right though, because its not easy to make it out more than the losses you have, which the casino owners already know that. That is why they do advise one to  gamble with what they can easily lose, which they won't feel bad about it, because there is every chance that losses must be more than wins, no matter transparent the casino might be. Which is why gambling its totally based on luck and chance, in which some persons might be luck to win big while some might not but wherever place one find themselves, they should do the needful by approaching gambling to be a game of fun.

Those gamblers that are not gambling with what they can afford to lose will end up losing more than they have ever expected when gambling. Gambling will be profitable for thsoe gamblers that knows how to gamble and stay profitable not those that will make money today and lose everything back to the casino the next day. Staying profitable should be the goal not losing and winning at the same time.

It is not advisable to gamble with something we can not afford to lose or let go in fact doing that implies irresponsiblity, you made a statement i don't really understand which is " gambling will be profitable for gamblers that knows how to gamble" are you referring to people that gambles responsibly? Well that is not correct because been responsible doesn't guarantee winning in gambling but rather it will help a gambler stay on track ( not to gamble much or use what they can not afford to lose), winning in gambling is luck as both responsible and irresponsible people can make profit.

[Mandoy]

Anyone who's in profit after taking account of his gambling history should count himself among the few luckiest gamblers because it's not something that many gamblers tend to benefit. There are high number of losers but when it happens they they're making a little win in the middle while they're losing it looks as though they ain't really losing it all, but going through total games played they would understand they're at a huge losing end to the house.

That would be a rare thing but you are right though, because its not easy to make it out more than the losses you have, which the casino owners already know that. That is why they do advise one to  gamble with what they can easily lose, which they won't feel bad about it, because there is every chance that losses must be more than wins, no matter transparent the casino might be. Which is why gambling its totally based on luck and chance, in which some persons might be luck to win big while some might not but wherever place one find themselves, they should do the needful by approaching gambling to be a game of fun.

Those gamblers that are not gambling with what they can afford to lose will end up losing more than they have ever expected when gambling. Gambling will be profitable for thsoe gamblers that knows how to gamble and stay profitable not those that will make money today and lose everything back to the casino the next day. Staying profitable should be the goal not losing and winning at the same time.

It is not advisable to gamble with something we can not afford to lose or let go in fact doing that implies irresponsiblity, you made a statement i don't really understand which is " gambling will be profitable for gamblers that knows how to gamble" are you referring to people that gambles responsibly? Well that is not correct because been responsible doesn't guarantee winning in gambling but rather it will help a gambler stay on track ( not to gamble much or use what they can not afford to lose), winning in gambling is luck as both responsible and irresponsible people can make profit.

The notion that, gambling will be profitable to those who know how to gamble, is not quite understood. As a matter of fact, responsibility only gives an individual an opportunity to remain within control and prevents making drastic losses. Much of gambling is dependent on luck, and responsible and irresponsible gamblers may win or lose anytime. The role of is not to win over more, but to do the least harm. Casinos have a house advantage so in the long run, it is very unlikely to make a profit. That is why gambling is to be regarded as an entertainment rather than as a good and stable income.

[jostorres]

It's the reason we find those who solely depend on gambling for a living act in weird ways, especially in frustration. Their despicable character on display is the major reason society frowns at gambling. The belief is that anyone who gambles is likely to get addicted, lose their jobs eventually and end up that way. This is where education to dispel gambling addiction comes in.

Addressing the issue at hand. Nope, I don't believe gambling can be a sustained source of income for players, except for their owners.

They also have this "main character syndrome" thing or at least something similar. In the sense that if they lose gambling then it's all about how the casino was scamming that person and not the fact that casinos are literally built to make you lose. And if they do win, then they are a beast and did something nobody could do and they are great.

And if they end up with no money left and ask around their friends and family and nobody gives them money then they act as if they deserved that money and they were left alone by people who should have helped them out. So they always keep making mistakes and think only one that is without an issue is them, it's everything else that is the problem.

[Johnlomape]

Those gamblers that are not gambling with what they can afford to lose will end up losing more than they have ever expected when gambling. Gambling will be profitable for thsoe gamblers that knows how to gamble and stay profitable not those that will make money today and lose everything back to the casino the next day. Staying profitable should be the goal not losing and winning at the same time.

It is not advisable to gamble with something we can not afford to lose or let go in fact doing that implies irresponsiblity, you made a statement i don't really understand which is " gambling will be profitable for gamblers that knows how to gamble" are you referring to people that gambles responsibly? Well that is not correct because been responsible doesn't guarantee winning in gambling but rather it will help a gambler stay on track ( not to gamble much or use what they can not afford to lose), winning in gambling is luck as both responsible and irresponsible people can make profit.

Gambling will only be profitable when using are gambling with your gambling and observant to take decisions that will help you when you are not seeing rewards from gambling. Some gamblers can be gambling without seeing any profit and they are still okay with that and not bothered about making loses until they are able to regain themselves and starts fixing the errors and mistakes that has been made in the past. There is no way sustainable income can surface when you are gambling like you know  you are going to be profitable soon.

[Yablee0]

Gambling will only be profitable when using are gambling with your gambling and observant to take decisions that will help you when you are not seeing rewards from gambling. Some gamblers can be gambling without seeing any profit and they are still okay with that and not bothered about making loses until they are able to regain themselves and starts fixing the errors and mistakes that has been made in the past. There is no way sustainable income can surface when you are gambling like you know  you are going to be profitable soon.

The point is that their is no way you can be saved when you are not gambling the right way, when you are gambling more than expected and for that seeing it as a substantial source of income to yourself, things will definitely go wrong moreover gamble should be only for fun and nothing more .

Recently many people's of this current generation  has literally become very lazy and don't want to do anything tangible for their self and probably looking for a short cut in making money and they think gambling is the possible way out for them, it quiet funny anyway because the gambling system I know too well is bend on rewarding every player at his very coin , if you think you are greedy in your gaming stuff then you will get what greedy folks get and if you think responsible gambling is proper and safe then you have just done yourself some real time favour.

[TheUltraElite]

Realistically, most people don't even have idea they can invest their money on casinos or bookies, even if they try to invest on those kind of businesses, one needs a considerable amount of money in order to get a substantial passive income.
It does not make sense to invest 10$ in casinos or bookies bankrolls.

Indeed, right now only a few casinos have this feature remaining, in the past many have shut it down because they feel they are spending more money on investors profit, rather the owners should be the ones doing it.

Dust amounts will not lead to any good outcome, agreed. I would say close to 1-2BTC per website would be a significant source of passive income for the long term. Patience is necessary here, for years it needs to go on and then only the eye catchy numbers will come up.

[Hardyrobust]

Anyone who's in profit after taking account of his gambling history should count himself among the few luckiest gamblers because it's not something that many gamblers tend to benefit. There are high number of losers but when it happens they they're making a little win in the middle while they're losing it looks as though they ain't really losing it all, but going through total games played they would understand they're at a huge losing end to the house.

That would be a rare thing but you are right though, because its not easy to make it out more than the losses you have, which the casino owners already know that. That is why they do advise one to  gamble with what they can easily lose, which they won't feel bad about it, because there is every chance that losses must be more than wins, no matter transparent the casino might be. Which is why gambling its totally based on luck and chance, in which some persons might be luck to win big while some might not but wherever place one find themselves, they should do the needful by approaching gambling to be a game of fun.

Those gamblers that are not gambling with what they can afford to lose will end up losing more than they have ever expected when gambling. Gambling will be profitable for thsoe gamblers that knows how to gamble and stay profitable not those that will make money today and lose everything back to the casino the next day. Staying profitable should be the goal not losing and winning at the same time.

It is not advisable to gamble with something we can not afford to lose or let go in fact doing that implies irresponsiblity, you made a statement i don't really understand which is " gambling will be profitable for gamblers that knows how to gamble" are you referring to people that gambles responsibly? Well that is not correct because been responsible doesn't guarantee winning in gambling but rather it will help a gambler stay on track ( not to gamble much or use what they can not afford to lose), winning in gambling is luck as both responsible and irresponsible people can make profit.

gambling is a game of luck and this is something that all gamblers should know. It doesn't matter how skillful a gambler may think they are. From his statement it is obvious he is talking about skills in regards to gambling. No matter how skillful a gambler may thinks they are without luck being on there side winning isn't guaranteed. You are right gambling responsibly doesn't guarantee winning but it only saves gambler from making mistakes that they ought to have avoided while gambling.

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[fruktik]

If you can see the growing population of gambling addicts, you will understand why gambling should remain as a source of entertainment.

Because once you go beyond that and start seeing it as a replacement of your job, as something that can put food on the table, can pay your bills and can educate your children, then you are accepting the challenge that sooner or later your life will never be this peaceful and calm, healthy and productive.

Gambling will never provide us a sustainable income, but it can quickly sweep away all our savings and lose them all because of gambling addiction.

Your hair will fall out faster and your nerves will be in tatters if you try to make a living from gambling. I tried this before, but I wasn't expecting this outcome at all. Everything turned out exactly the opposite. It feels like I'm still haunted by the consequences of those decisions, which clearly weren't the best in my life. Sometimes it feels like the echoes of past years are coming back to haunt me. As if it happened just yesterday. These thoughts are terrifying.

[Fredomago]

Snip

You are right about the house advantage--they make the house so that in the long run, they always win. Short-term victories may seem like ability or chance, yet in any case it is very unlikely that everyone will be able to make a steady profit through gambling. Small wins often create a false sense of control thus covering the larger losses in the long run, and most players tend to have gone beyond what they win. Gambling is not a safe and reliable form of earning. It is far safest to play it as entertainment, in which case any victories are a bonus and not a surprise. Some of them will be (lucky) and to most, the math does not lie.

The maths doesn't lie indeed but some would want to pretend when trying to share to the public their win to lose ratio. As a form of entertainment it makes the gambler to easily settle for what comes it way, a win or loss, it doesn't move him to struggle for more so far as he's getting his entertainment by using the amount he is convenient spending on gambling. The energy to beat the house would be potentially beneficial if directed to other affairs of financial gains not gambling.

Honesty with ourselves in terms of our win rate makes us not fall into the delusions of other people in the open. We would say that spending time to beat the game provider is a time wastage that should not have been spent in the first place. Instead that would be invested in a business or other ventures that will make logical returns to family future. In this view, we guarantee that all dollars and all our time is efficiently utilised.

In the same sense, taking or treating gambling as for source of entertainment alone may prevent you from becoming addicted, since there's  a small chance of winning against the house, understanding and accepting the fact that once opportunities comes up you need to take the action as quick as possible to enjoy your profits, though there are some who happens to believe that they are capable to handle the pressure and make the right call to decide when things is not moving according to the set plan, those are types of gamblers who can have better chances in winning but still not a guarantee that they can use the venue as source of income.

[junder]

It is not advisable to gamble with something we can not afford to lose or let go in fact doing that implies irresponsiblity, you made a statement i don't really understand which is " gambling will be profitable for gamblers that knows how to gamble" are you referring to people that gambles responsibly? Well that is not correct because been responsible doesn't guarantee winning in gambling but rather it will help a gambler stay on track ( not to gamble much or use what they can not afford to lose), winning in gambling is luck as both responsible and irresponsible people can make profit.

I think the same way “Gambling is profitable for gamblers who know how to gamble” doesn’t mean they’ll win more often, which is what constitutes a profit.

But if “profit” here refers to the situation you’re describing, then I agree people who know how to gamble are those who do so responsibly, and they benefit by not getting trapped in a gambling addiction.

I agree with you whether someone is responsible or not, they have a chance of winning the difference lies in their mindset regarding how they view gambling.

[danherbias07]

If you can see the growing population of gambling addicts, you will understand why gambling should remain as a source of entertainment.

Because once you go beyond that and start seeing it as a replacement of your job, as something that can put food on the table, can pay your bills and can educate your children, then you are accepting the challenge that sooner or later your life will never be this peaceful and calm, healthy and productive.

Gambling will never provide us a sustainable income, but it can quickly sweep away all our savings and lose them all because of gambling addiction.

Your hair will fall out faster and your nerves will be in tatters if you try to make a living from gambling. I tried this before, but I wasn't expecting this outcome at all. Everything turned out exactly the opposite. It feels like I'm still haunted by the consequences of those decisions, which clearly weren't the best in my life. Sometimes it feels like the echoes of past years are coming back to haunt me. As if it happened just yesterday. These thoughts are terrifying.

Yeah, that's what can happen to a gambler whose purpose is to make money out of gambling. It is damn stressful, frustrating, and regretful.

Learn the lesson. I think I have said this many times in this section, but it's alright. We start gambling, and we see how losses can pile up, and our budget for our daily living and bills starts to become a problem, too. That's a sign that we are doing something wrong, and it must be corrected.
Gambling cannot be a sustainable income, even if it is sports betting. I know there are successful ones who made good money in sports, but it doesn't mean they did not do their homework. The chances of them having an insider are also there. Give up trying to make money and just play the games. Its purpose is to enjoy it, not the other way around.

[Victorybit1]

Whether you want to make gambling a sustainable source of income or not is up to you, the most important thing is to gamble responsibly, but if we really want to be realistic gambling cannot be source income whether we like it or not. Gambling is always going to be a game of luck and it is impossible to always be in profit. The right mindset to have is to always make gambling a source of entertainment because this is what helps you process losses easier, if you gamble with the intention of having fun it means that tou are going to stake an amount of money that you can afford to lose. Gambling with the aim of trying toget financially stable from it is a bad idea

[fruktik]

Yeah, that's what can happen to a gambler whose purpose is to make money out of gambling. It is damn stressful, frustrating, and regretful.

Learn the lesson. I think I have said this many times in this section, but it's alright. We start gambling, and we see how losses can pile up, and our budget for our daily living and bills starts to become a problem, too. That's a sign that we are doing something wrong, and it must be corrected.
Gambling cannot be a sustainable income, even if it is sports betting. I know there are successful ones who made good money in sports, but it doesn't mean they did not do their homework. The chances of them having an insider are also there. Give up trying to make money and just play the games. Its purpose is to enjoy it, not the other way around.

I've already given up on the idea of ​​making money from gambling. I've gone from being a novice to an experienced player. Now I have no doubts. I don't even dwell on delusional thoughts about the possibility of winning anything. I just enjoy the process itself. If I'm lucky, it's wonderful. Recently, I caught myself not attaching much importance to winning. When a bonus hits, I simply observe it without any emotional scaling.

[Achalugo BTC]

gambling is a game of luck and this is something that all gamblers should know. It doesn't matter how skillful a gambler may think they are. From his statement it is obvious he is talking about skills in regards to gambling. No matter how skillful a gambler may thinks they are without luck being on there side winning isn't guaranteed. You are right gambling responsibly doesn't guarantee winning but it only saves gambler from making mistakes that they ought to have avoided while gambling.

Not that they don't know, most gamblers are aware that gambling is based on luck and chance, which is its always advised for people to approach gambling with the cautiousness that things will not always be in their favour, no matter how skillful or smart one is, if one is not lucky, winning is not guaranteed. As one can't be able to predict what happens next in gambling but should have to exercise self-control in whatever thing that happen.

[nara1892]

It's just entertainment, and nothing more. There are many reasons to support this idea. The lack of certainty and guarantee of the final outcome and the lack of a surefire way to guarantee a win are two compelling reasons why gambling should not be used as a means of earning a long-term income.

On the other hand, this means that using gambling as a means of earning a living can be very dangerous. We know the impact, and many people have experienced it. The bottom line is, treat it as entertainment when you're bored and do it with a small amount of money.

[TopTort777]

I've already given up on the idea of ​​making money from gambling. I've gone from being a novice to an experienced player. Now I have no doubts. I don't even dwell on delusional thoughts about the possibility of winning anything. I just enjoy the process itself. If I'm lucky, it's wonderful. Recently, I caught myself not attaching much importance to winning. When a bonus hits, I simply observe it without any emotional scaling.

How did you came to idea to making money from gambling at first place? Were there series of large wins, that made you start thinking that you can earn by gambling? Or because it was easy to earn, you have though that you might turn gambling into something you will do for living? I was always curious in psychological aspect of gambling. When or what makes people think that gambling can be their income.

[Owen Lim]

Gambling is almost always entertainment, not a sustainable income.

For most people, the built-in house edge means you’ll lose money over time. A small number of skilled players (like poker pros or advanced sports bettors) can make money, but it’s rare, unstable, and requires serious skill, discipline, and risk tolerance.

[Zigabel]

It is not advisable to gamble with something we can not afford to lose or let go in fact doing that implies irresponsiblity, you made a statement i don't really understand which is " gambling will be profitable for gamblers that knows how to gamble" are you referring to people that gambles responsibly? Well that is not correct because been responsible doesn't guarantee winning in gambling but rather it will help a gambler stay on track ( not to gamble much or use what they can not afford to lose), winning in gambling is luck as both responsible and irresponsible people can make profit.

One thing about gambling with an amount you can afford to loose is that you do not see the need to start feeling bad about  a loss or be pushed to make recovery moves that may further ruin you and cause you more waste and spending of resources, I hear some people who feel they are experienced and know how well to gamble, such as the ones I suppose was been referred to as those who know how to gamble, they absolutely do not get luckier because they are experienced or tagged as those who know how to gamble, they are also not guaranteed of winning neither can they tell when they will win or loose, it's just a false concept some people hold onto which later gets them to irresponsible gambling. But responsible gambling helps you manage your losses better in as much as both responsible and irresponsible gamblers make profit.