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

[Hewlet]

Many people believe that they can survive through gambling and make it their source main source of income, the truth is that gambling doesn't guarantee steady income because the outcome most times depend on luck and probability, casinos and betting platform design the games in way that it will favour the house in the long run, this shows that even if gamblers win today, they still have high chances of losing later.

Tell me a man that is on the part to destruction in the process of gambling and i will tell you categorically clear that at certain point in time, he felt that his life revolves around gambling and that he can takes care of himself through that means which will only lead to more problem and losses. from inception, gambling was never designed to be a source of livelihood but became popular and started being looked at in that regard because of the bad economy and the fact that people are going into it far too often than necessary. treat gambling as a thing that should serve as a source of fun and you will enjoy the process but treat it otherwise and suffer in the latter.

[Kelward]

Treating gambling as main sources is not a good decision, not to mention that the losses can increase but their lives can ruins anytime. They will not guarantee always wins because casinos will takes the biggest money and left the gamblers regrets.

If they can treating gambling as entertainment, they will not chasing the win but only have fun. They will not spends the money they can't afford and remember that playing gambling have risks. They will limiting their money and just use some money and also know when to stop gambling.

The best way to avoid being addicted to gambling is to treat it like an entertainment if you do you cannot allocate a lot of money to it that will warrant you to be chasing loses always to recover what you have lost. I don't think that gamblers who gamble for fun are desperate to win by all means because they are not seeing it as a source of income and there is no need to be allocating too much money for it. The major reason that makes gamblers to be chasing loses is because they have invested a lot of money into it and the only way that they can recover loses is to keep chasing but most times they don't.

[Mr. Magkaisa]

Gambling is made for the entertainement of people and relaxation, but i think gambling can make a way for a continues amount of income.
You can have the link for the referals and earn from gamblers. You can be that smart genius of sports and win the bet.
But you cannot gamble your money of the future too much, so have some control and brilliant mind to earn.

How long can one depend on earning through referals, is winning guaranteed cause you're a sports genius? Those are things you should consider before thinking you could make gambling a sustainable source of income. I think it should be best seen as an entertainment option and done with what you can spare and those who go into it strictly for the money should see it as a side hustle instead of a sustainable income.

I am good with having gambling as entertainment, I am doing it just that. But if you want an extra you can do it, You dont need to pay to get referals,
You are gambling so why not be better on it and make your self do more research on sports before betting.
You are gambling smart with those options, being entertained why getting some amount from refs.

[BitMaxz]

I am good with having gambling as entertainment, I am doing it just that. But if you want an extra you can do it, You dont need to pay to get referals,
You are gambling so why not be better at it and make your self do more research on sports before betting.
You are gambling smart with those options, being entertained why getting some amount from refs.

Take note that having a referral will make you a better profit than playing your own for entertainment.
Look at those who become rich on having many referrals. They are earning daily and I think can be considered a source of income if you keep yourself away from gambling.
Some casinos have a referral program that offers 40/60 on every bet, and it is forever based on a few people here in my area who are promoting the casino online and letting them bet. Referred by them, win or lose, they get a commission.

If you are not gambling, these commissions can be used as your earnings and income because some gamblers they refer are addicted and gamble every day.
So they are totally different, but if you are also a gambler, then that is your way to avoid spending your own savings and salary and use only the amount you earn from commission.

[Joeboy]

Some so-called gambler usually make me laugh, honestly I still wonder why anyone in his right mind would want to have gambling as their main, infact only source of income.... Sure there may be times where myself and and I know some others gamble majorly for the financial benefits( even though it's shouldnt always be so), but then when I do so, I make sure that I already have a source of income, where I can pull out the money that I could very well afford to lose... So that if paraventure the bet I placed didn't fetch me profits, I would have where to fall back to without the desperation to chase after it my own loss.... The fact is that anyone that treats gambling like a business/or their main source of income is mostly prone to chasing after their own loss in the hopes of recovering what they lost, and this very act could in the long run lead to addiction...

[Sim_card]

Only lazy people that has no real plan for the future will believe that they can use gambling to earn a living. It's impossible to depend solely on gambling because it's a game of luck and you cannot be winning every day. How will you take care of your monthly expenses and basic needs. That person is only gambling with his future by wasting his time with gambling.

[qwertyup23]

<..snip..>
NOTE: anyone that depend on gambling as their main source of income will face risk, depression, frustration and financial losses, there's no professional gamblers, just have deep knowledge and accept that losses are going to happen sometimes.

Like what I have also mentioned in the past with a similar topic, relying on gambling as your means of income is a recipe for disaster. Imagine, you have to pay bills that are consistently demandable at a day specific and your failure to meet them will cause great prejudice to you.

If your source of income relies solely on a platform that does not absolutely guarantee you any income or profit, then you will ultimately succumb to what you described on your last paragraph, OP.

Gambling is the wrongest door to knock for consistent income. It should be taken as a means to gain some fun, and possibly try one's luck to make money, in case an unexpected money comes from it.

To butress this, I took my time to search a while ago for those who are consistently gaining from gambling, and the result was uncertain. Some could be lucky to win big, but the consistency is still lacking.

This understanding alone is enough for people to avoid desperate/consistent money from gambling.

The funny thing is, those gamblers who experienced winning huge amounts of money more often than not fall into huge debts. Winning in gambling is an illusion- it creates this false sense of security that you rely on. Sure, you may win one huge jackpot in a day but that experience happens once in a blue moon.

In conclusion, never EVER rely on gambling as your means of income.

[Olatundespo]

Most gamblers know that gambling is not a guaranteed way to win. They do not see gambling as their only source of income. At least I have not seen any gamblers who gamble only for the sake of making money. A very small number of gamblers who win a jackpot at some point in their gambling career may be able to stop their source of income for a while. But if they do not control their gambling soon enough, they will become addicted. Gambling does not guarantee permanent income, so you should allocate a specific amount of time and funds for the time you gamble.

[Findingnemo]

It can be a sustainable source of income when you end up on the other side, meaning running the casino or working as an entertainer so you will see people spending money on you, which can even make you insanely rich. But if you chose to be a gambler then you are consuming it so you pay the price for it not the other way around.

[Cryptmuster]

NOTE: anyone that depend on gambling as their main source of income will face risk, depression, frustration and financial losses, there's no professional gamblers, just have deep knowledge and accept that losses are going to happen sometimes.

Perhaps you came to this conclusion from personal experience., but I’m willing to disagree with that. I don’t know much about professional players who can live solely from gambling, but I do know several people who are able to make money from it. For them, it’s more like an additional source of income, but I know for sure that they play with a profit.

But f you’re speaking in general about the majority of players, then yes it can be said that for the average player gambling will always be a losing activity. At best, they might manage to play without major losses and say that they do it just for entertainment.

[Woodie]

The truth is that only a few are really making bank when it comes to gambling because people aren't consistent with their strategy and how the approach gambling... and the fact that most of us out there play with emotions makes gambling difficult to beat otherwise we have people that have figured out how to beat the house and win regularly... Otherwise gambling is so much easier when the funds are available and keeping it simple with small odds say 2-5 games and you are done.

Otherwise if you lose more than you win then it's entrainment for you  

[Akbarkoe]

Gambling can be a great source of income if you own a casino, that's an important point.

I've seen data from surveys showing that gambling doesn't produce consistent results and that people lose far more than they win. This data is confirmed by my own gambling experience, which has the same outcome. Economically, gambling isn't a good source of income because we tend to lose. Gambling is often recommended as a way to have fun. Even if you win occasionally, it's just an unexpected stroke of luck. You can enjoy the money without being tied down to winning more and focusing on gambling.

[Dunamisx]

I doubt it if we can be sustainable in gambling because this is not what we can make as a source of income, to those that understand how it is and the condition that involves gambling, the already know that it is more of losing than winning regardless of the bey taken, if you're talking about source of income then we have to consider alternative by making investment or engaging in other job to help us so and earning that we could depend our daily living on.

[danherbias07]

That final note was true and is true until now. Many gamblers are buried in debt because they thought they could make gambling their main source of income. It's not, unless you are the owner of the gambling site itself.

It's entertainment, and it's best treated like that. We can always just gamble to have a little fun, especially when it comes to sports betting, when sometimes the game becomes boring because there's no money at risk. In my case, there's little entertainment in watching an NBA game now without making any money involved. I get to cheer for the team I root for and place a bet for when I know that I might get some good money if the result goes my way.

[Africolo]

Many people believe that they can survive through gambling and make it their source main source of income, the truth is that gambling doesn't guarantee steady income because the outcome most times depend on luck and probability, casinos and betting platform design the games in way that it will favour the house in the long run, this shows that even if gamblers win today, they still have high chances of losing later, because of this, many people see gambling as entertainment, something that one can do for fun with the money  one can afford to loss, and when one begin to depend on gambling to pay bills, feed family, or to survive, the pressure can make the person take more dangerous risks, chase losses, and end up losing more money.

NOTE: anyone that depend on gambling as their main source of income will face risk, depression, frustration and financial losses, there's no professional gamblers, just have deep knowledge and accept that losses are going to happen sometimes.

Gambling can be a source for making money but cannot be a source of livelihood for someone because the chances of winning everyday is very slim , one can win today and not win tomorrow so it's not something someone should depend on for survival because it won't go the smooth way the gambler thought it will be and the gambler can end up been depressed when he or she stays for a period of time without winning and he only depends on it, how will such person survive? I think gambling should be seen as a side hustle and people shouldn't depend on it for survival.

I don't see gambling as fun entirely because you will still use money to gamble, I know people uses money to get entertained but anything that requires someone to expect profit in return is no longer gambling for entertainment but for profit making , people shouldn't depend on gambling in other to avoid depression and mental stress that comes without winning.

[Die_empty]

Some so-called gambler usually make me laugh, honestly I still wonder why anyone in his right mind would want to have gambling as their main, infact only source of income.... Sure there may be times where myself and and I know some others gamble majorly for the financial benefits( even though it's shouldnt always be so), but then when I do so, I make sure that I already have a source of income, where I can pull out the money that I could very well afford to lose... So that if paraventure the bet I placed didn't fetch me profits, I would have where to fall back to without the desperation to chase after it my own loss.... The fact is that anyone that treats gambling like a business/or their main source of income is mostly prone to chasing after their own loss in the hopes of recovering what they lost, and this very act could in the long run lead to addiction...

I pity people who have dependents and have this mindset of using gambling as a major source of income. Without a consistent flow of income, a family man cannot take care of expenses. I have witnessed a once-happy family dissolved because of gambling addiction. The man was always using his earnings for gambling, and the family was suffering. The wife couldn't take it anymore, so she had to leave with the children.

Some gamblers have been lucky to win jackpots or big amounts. These could become full-time gamblers because they have enough money to live on.  

[HustleZ]

Many people believe that they can survive through gambling and make it their source main source of income, the truth is that gambling doesn't guarantee steady income because the outcome most times depend on luck and probability, casinos and betting platform design the games in way that it will favour the house in the long run, this shows that even if gamblers win today, they still have high chances of losing later, because of this, many people see gambling as entertainment, something that one can do for fun with the money  one can afford to loss, and when one begin to depend on gambling to pay bills, feed family, or to survive, the pressure can make the person take more dangerous risks, chase losses, and end up losing more money.

NOTE: anyone that depend on gambling as their main source of income will face risk, depression, frustration and financial losses, there's no professional gamblers, just have deep knowledge and accept that losses are going to happen sometimes.

No, just a source of Entertainment nothing else. But the problem is that when people decide to do it just for Entertainment and they start winning a Bit they feel luckier than other people and think of themselves as different from other people. They start to risk more and more and it changes from an Entertainment source to something they are willing to risk their life savings in order to win. And just like that they make gambling their only source of earning money and they get dependent on that and from that place they go on to lose everything as it now involves emotion

[Shinpako09]

Nah, it shouldn’t be treated as a main source of income. Yes, it can be another source of income, but not the main one, and you shouldn’t expect huge returns from it. Gambling can indeed give you a big amount, but the chances are not high. So if you’re just going to depend on luck, don’t. You’ll only end up being disappointed and, worse, in debt. Instead of treating it as a source of income, treat it like a bonus that gives you extra funds for the things you want, not for the bills.

[Bright0515]

You asked a question on the topic but the post content have answered the question already. However, you already know that gamble can not be a sustainable source of income to anyone even though they are very lucky to win huge amount of money. Some gamblers believed that they can build a solid wealth through gamble because they have won huge amount of money multiple times but that is not the truth because there's always a time for winning and a time for losing.

[POPOLUV]

If i should emphasize more deeply on this particular question i might end up giving up two answers at the same time because as our faces are different that is how our lucks differ when it comes to gambling aspect, i have seen a gambler that has been using gambling as basic source of income and not for entertainment because he strategy of staking is basically on so many tickets that do give them winning everytime they stake on gambling and while there are people that gamble for entertainment because they have other means of getting income, so i believe that a gambler can sustain with gambling sources of income and which depends on side of the gambling you are focusing on.