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

[drangos]

~
Doing the affiliate program is sustainable, most people do it here in my country and they call it "agent shop" The casino or bookie pays an individual that opens a physical shop for that casino, the shop allows customers to come and play their favorite games all day, while the casino is paying the person running the shop a huge amount every week. That is one of the sustainable type of income that gambling can give a person.

Must be possible only when more people are gamblers there and willing to sponds money regularly on gambling because I never considered affiliate marketing as a sustainable source of income either, it can be a good side hustle for someone who got influence over the people but it will be good in the short run only.

I believe that the case of an agent shop/ affiliate model is rather different to gambling per se. Then, such an individual is not relying on his/her personal betting outcomes but on the commissions earned by other users of the platform. In case of the constant stream of gamblers and a satisfactory deal with casino or bookmaker, this model could be transformed into a rather sustainable business. Nevertheless, it also remains very dependent on market needs, popularity of players, and even domestic legislations at other times. Meanwhile, affiliate revenue does not necessarily work due to the possibility of a change in the activity of the players. This is the reason why I think that the process of gambling, in particular, can be regarded more as a form of entertainment, whereas businesses associated with gambling can present more promising prospects in the long run.

[Don Pedro Dinero]

This is why i think using gambling as sustainable income is almost impossible thing caused by you always need a backup when you down so hard. Who is gonna support you when you lose in gambling while you have no job to give you income?

In this economy, you truly needs a backup to yourself, and it's your job. Having a job while you're gambling gave less burden to yourself. So you can enjoy your gambling better.

In reality, if we're not talking about pure gambling but rather disciplines such as sports betting, it can provide a sustainable income, but the thing is that very few people achieve this, and if you have a normal job and start to see that you're a winner, you shouldn't quit your job right away. What people who have taken the plunge do is first be a winner for a long time, at least a year, and build up a reserve fund for expenses for at least six months to tide them over during bad spells. In addition, the profits they make from sports betting have to be higher than what they earn from their job.

So it's possible, but it's difficult, few people manage it, and it's risky and unstable.

[Yablee0]

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.

You have already said it all and their is no two ways around it, those that choose gamble over real time job have already chosen their path of pain and depression and they are pretty ready to face it consequences.

However this days have decided not to feel emotional about any gambler that has learned the hard way due to his recklessness or greedy gambling life style, because excessive gambling life style and it's repercussions is very common and no body will tell me he's ignorant of it implications. Therefore for a gambler to choose that path (reckless gamble and taking it as a source of income) regardless several warnings of gamble responsible and resisting from loss chasing simply means he's determined to face any outcome of it so feeling sorry for them is absolutely worthless because no gambler will say he didn't know what's right to do as responsible gambler.

[Dr.Bitcoin_Strange]

Gambling doesn't prove to be a sustainable income because profitability in gambling is reliant on probability and luck, a sustainable source of income is not based on luck but it's consistent and can be relied on since you would already have a fixed date for when you are expecting to receive a specific amount. In gambling, you can not receive a specific amount every day or every week or montn, there are days when you will even end up losing everything you have.

. The need to safeguard ourselves against false hopes that get regular profits will ensure that our financial status is not caught by the possibility of bankruptcy who suddenly attacks us without warning. We should get a steady job with good income, as this is the surest way of getting us a stable future.

The final decision is left for the gambler to make, anybody that goes bankrupt becoming of gambling chooses their faith, while they are gambling and losing their money consistently, they should have realised it to know that their money is going down and not increasing meaning that their efforts to make gambling become a sustainable source of income is not working and they should advise themselves to quit at that moment but instead they will continue gambling until all money is lost.

[Smartprofit]

The main question here is: "Why?" Why try to make gambling your primary source of income when you could start your own business? Or get a high-paying job?🙋

You could pay for your university education, then get a prestigious and in-demand job and earn a good salary every month. However, if you live in a poor developing country and work remotely, your income could significantly exceed your expenses. Because in a poor developing country, expenses like food, rent, utilities, transportation, and so on are typically low. Therefore, you might even have an excess of fiat money. You can use this excess for investments (for example, to buy Bitcoin)!🧖

You could also start your own business. A successful businessman can multiply their starting capital many times over. Moreover, the risk of losing everything is much lower than for a gambler.🎰

Sure, you could become a professional poker player. Or you could bet on sports (trying to treat it like a job). However, the main question remains the same: "Why?"  When there are more promising and easier ways to make money...

[Wakate]

Gambling isn't designed to be a sustainable source of income.
Casino games lack rational strategies, while sports betting seems to have them, but the element of chance is so great that it often ruins our attempts to win. The rare, long-term successful players consistently invent something new (innovative), allowing them to earn a steady income. However, it's also possible that this is simply a stroke of luck.

I don't know why people will ever think that gambling can be a sustainable income when their is no guarantee that you will be making money frequently from gambling. Gambling is not profitable at all and those that are gambling must have a budget unless they are going to be gambling recklessly without knowing when to leave gambling or say no to betting when the profit is not coming again.

[lombok]

Gambling isn't designed to be a sustainable source of income.
Casino games lack rational strategies, while sports betting seems to have them, but the element of chance is so great that it often ruins our attempts to win. The rare, long-term successful players consistently invent something new (innovative), allowing them to earn a steady income. However, it's also possible that this is simply a stroke of luck.

I don't know why people will ever think that gambling can be a sustainable income when their is no guarantee that you will be making money frequently from gambling. Gambling is not profitable at all and those that are gambling must have a budget unless they are going to be gambling recklessly without knowing when to leave gambling or say no to betting when the profit is not coming again.

Spectulative gambling always has a mathematical backbone that never ensures any gamer to make up profits in the long term. This is bound to drain the savings reserves and frustrate future projections without set boundaries. Gambling has to be considered recreational cost that we should control ourselves and spend prudently. That is when we know when to quit when the situation ceases to be profitable will help us have a good financial integrity.

[HONDACD125]

The main question here is: "Why?" Why try to make gambling your primary source of income when you could start your own business? Or get a high-paying job?🙋

You could pay for your university education, then get a prestigious and in-demand job and earn a good salary every month. However, if you live in a poor developing country and work remotely, your income could significantly exceed your expenses. Because in a poor developing country, expenses like food, rent, utilities, transportation, and so on are typically low. Therefore, you might even have an excess of fiat money. You can use this excess for investments (for example, to buy Bitcoin)!🧖

You could also start your own business. A successful businessman can multiply their starting capital many times over. Moreover, the risk of losing everything is much lower than for a gambler.🎰

Sure, you could become a professional poker player. Or you could bet on sports (trying to treat it like a job). However, the main question remains the same: "Why?"  When there are more promising and easier ways to make money...

Even though I agree that people should never think of gambling as a source of income, things are not as easy as you said. What category do you think the majority of gamblers come from? They are not the ones who have enough money to be able to start a business, they are not people who have higher education and very good skills to be able to secure high-paying jobs in multi-national companies or government agencies, but they are people who make an average amount of money every month, so they think that gambling might change their life by getting them a big win or a jackpot, it's just that hope that make people gamble.

However, I wouldn't say it's the right mindset to have about gambling, because most people eventually get addicted to gambling when doing this, otherwise, if someone is only using gambling to try their luck every now and then, there is nothing wrong with that, but as soon as you start thinking that you can actually make money constantly from gambling and start using large amounts of money for it, that is when you start going wrong because you are now not only trying your luck but you are now trying to make an income with it, and that's not possible.

[Odusko]

The final decision is left for the gambler to make, anybody that goes bankrupt becoming of gambling chooses their faith, while they are gambling and losing their money consistently, they should have realised it to know that their money is going down and not increasing meaning that their efforts to make gambling become a sustainable source of income is not working and they should advise themselves to quit at that moment but instead they will continue gambling until all money is lost.

What makes gamblers go bankrupt is their inability to have proper financial management and to control their feelings when they win. Sometimes, from that excitement, you know how the gambler can handle their bankroll and control how much they spend on each game, since you can be sure that there is no way to have a steady winning in gambling.

[Cgrexp]

The main question here is: "Why?" Why try to make gambling your primary source of income when you could start your own business? Or get a high-paying job?🙋

You could pay for your university education, then get a prestigious and in-demand job and earn a good salary every month. However, if you live in a poor developing country and work remotely, your income could significantly exceed your expenses. Because in a poor developing country, expenses like food, rent, utilities, transportation, and so on are typically low. Therefore, you might even have an excess of fiat money. You can use this excess for investments (for example, to buy Bitcoin)!🧖

You could also start your own business. A successful businessman can multiply their starting capital many times over. Moreover, the risk of losing everything is much lower than for a gambler.🎰

Sure, you could become a professional poker player. Or you could bet on sports (trying to treat it like a job). However, the main question remains the same: "Why?"  When there are more promising and easier ways to make money...

Even though I agree that people should never think of gambling as a source of income, things are not as easy as you said. What category do you think the majority of gamblers come from? They are not the ones who have enough money to be able to start a business, they are not people who have higher education and very good skills to be able to secure high-paying jobs in multi-national companies or government agencies, but they are people who make an average amount of money every month, so they think that gambling might change their life by getting them a big win or a jackpot, it's just that hope that make people gamble.

However, I wouldn't say it's the right mindset to have about gambling, because most people eventually get addicted to gambling when doing this, otherwise, if someone is only using gambling to try their luck every now and then, there is nothing wrong with that, but as soon as you start thinking that you can actually make money constantly from gambling and start using large amounts of money for it, that is when you start going wrong because you are now not only trying your luck but you are now trying to make an income with it, and that's not possible.

You are right that the uncertain outcome of gambling should not be considered a source of income. A person will only make money when he wins at gambling. However, maintaining consistent winning at gambling is a big challenge and an almost impossible one. One may win big money one week, but there is no guarantee that he will also win money the next week. And it is risky to bet on the probability of betting on the other hand based on the expectation of that win. People work hard to earn money and gamble with that money, of course they do not get the money to gamble for free. So people gamble with the money they have worked hard for and after the money runs out while playing, they become destitute and start working hard again to earn money. It is almost like a circular path that brings them back to that path.

[Nothingtodo]

Gambling can never be a sustainable way of earning. Gambling is nothing but madness. Some people gamble to get rich and some people gamble for fun. But if you observe gamblers, you will see more first-stage gamblers, that is, they gamble to get rich. But at the end of the day, the result is the opposite. They lose in gambling and become poorer. Again, there are some gamblers who gamble for fun but in the end they also get addicted to gambling and get involved in gambling.

Gambling should never be considered as a source of regular income because you will never get continuous profit from gambling. If you win one bet, it is seen that you have lost four or five bets later. You will never get rich from gambling and you will never get financial solvency. However, if you do not have money problems, then you can participate in gambling only for entertainment. That is, those who do not have any source of entertainment can consider gambling as a source of entertainment.

[Webutxo]

You have already said it all and their is no two ways around it, those that choose gamble over real time job have already chosen their path of pain and depression and they are pretty ready to face it consequences.

However this days have decided not to feel emotional about any gambler that has learned the hard way due to his recklessness or greedy gambling life style, because excessive gambling life style and it's repercussions is very common and no body will tell me he's ignorant of it implications. Therefore for a gambler to choose that path (reckless gamble and taking it as a source of income) regardless several warnings of gamble responsible and resisting from loss chasing simply means he's determined to face any outcome of it so feeling sorry for them is absolutely worthless because no gambler will say he didn't know what's right to do as responsible gambler.

Those that has been in the game knows what's at stake when they gamble for living, they know very well that it's not everyday they get that sweet life changing money. So when they win such amount of money, they make sure they use most part of the money as investments so that if eventually the money doesn't come as they expected, they don't have to bother about depression, they know what to do and how to survive for the next days another one will come.

Some gamblers that lucky with sport betting, they don't make money one time. They can win the same type of bet for 5 days in a row making money they never ever make in their entire life. The smart ones know how to survive this kind of things, where to put their investment and more passive income so the day they don't win anything, they don't even worry about depression because they know that one day, they are going to win and also get back their money.

[fredericktaylor]

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 never be a completely reliable source of income, I think gambling should be played only for entertainment purposes. The results of gambling are completely unpredictable, and unpredictable cannot be a reliable source of income. When you start gambling with the mindset of making money, you will not be able to control your greed and will not be able to limit yourself, as a result you will face a large amount of money loss and will have additional financial  stage on yourself, as a result you will not be able to keep a cool head and even follow the right rules of gambling, as a result you will lose self-control over yourself, which can lead to gambling addiction. From my point of view, gambling can never be a source of income, it is mainly good for entertainment.

[Hazink]

Gambling can never be a sustainable way of earning. Gambling is nothing but madness. Some people gamble to get rich and some people gamble for fun. But if you observe gamblers, you will see more first-stage gamblers, that is, they gamble to get rich. But at the end of the day, the result is the opposite. They lose in gambling and become poorer. Again, there are some gamblers who gamble for fun but in the end they also get addicted to gambling and get involved in gambling.

Gambling is not madness. I will not agree with that, people can be gambling making some bad decisions and losing their self that's up to them to blame, and the reckless decision they make they should be accountable for it, we still have those who gamble responsibly and they will never consider gambling to be a sustainable means of generating wealth, seeing gambling as means to make wealth might only be a thought I can consider as madness and it gambling in general.

[gunhell16]

This is why i think using gambling as sustainable income is almost impossible thing caused by you always need a backup when you down so hard. Who is gonna support you when you lose in gambling while you have no job to give you income?

In this economy, you truly needs a backup to yourself, and it's your job. Having a job while you're gambling gave less burden to yourself. So you can enjoy your gambling better.

In reality, if we're not talking about pure gambling but rather disciplines such as sports betting, it can provide a sustainable income, but the thing is that very few people achieve this, and if you have a normal job and start to see that you're a winner, you shouldn't quit your job right away. What people who have taken the plunge do is first be a winner for a long time, at least a year, and build up a reserve fund for expenses for at least six months to tide them over during bad spells. In addition, the profits they make from sports betting have to be higher than what they earn from their job.

So it's possible, but it's difficult, few people manage it, and it's risky and unstable.

I completely agree with what you mentioned, because it is not easy to make gambling your main source of income. It is easy to say but difficult when we actually play it ourselves. I have not even heard of a gambler who has maintained his source of income by playing gambling. Have we heard of anything like this?

Maybe if anyone can do this, they are probably the gambling cheaters who know very well how to cheat on casino gambling platforms that they enter, whether it is online or not. Then you are also right that the profit they can get from gambling should be greater than what they earn from work if they have any.

[ejikeme24]

No!! Gambling can never be a sustainable income or a source of income, I know most people believe that they can actually make gambling as their source of income even till this time, you know sometimes I keep wondering how gambling can be used as a source of income considering how difficult it is to get wining not to talk of wining in a roll  those who believe that they can actually make a source of income from gambling don't know how gambling works because if they had known they wouldn't have been going with that mindset.

[Franctoshi]

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.

Never you rely or depend on gambling as a reliable source of income, you will get disappointed when you must have hit some loses. Gambling should be aimed at being for entrainment purposes and not a place to hope on, because it a 50/50 kind of chance, win and lose. In fact I recommend if you must engage in gambling, ensure you have an alternative sources of income to avoid depression or attempted suicide when you lose your hard earned money.

[Mr_Brilliant$]

Gambling can never be a sustainable way of earning. Gambling is nothing but madness. Some people gamble to get rich and some people gamble for fun. But if you observe gamblers, you will see more first-stage gamblers, that is, they gamble to get rich. But at the end of the day, the result is the opposite. They lose in gambling and become poorer. Again, there are some gamblers who gamble for fun but in the end they also get addicted to gambling and get involved in gambling.

Gambling should never be considered as a source of regular income because you will never get continuous profit from gambling. If you win one bet, it is seen that you have lost four or five bets later. You will never get rich from gambling and you will never get financial solvency. However, if you do not have money problems, then you can participate in gambling only for entertainment. That is, those who do not have any source of entertainment can consider gambling as a source of entertainment.

Why will someone even be thinking of using gambling as consistent income?  Gambling was never meant to be something you depend on for income..  Because in gambling, you might win today, then the next bets would be a loss..

If someone has money to spare and just want little entertainment, then good fine..  But the moment it start to be looking like a plan to make money, that is where things start going wrong.. It hardly ends the way people expect..

[Somto9Light]

Never you rely or depend on gambling as a reliable source of income, you will get disappointed when you must have hit some loses. Gambling should be for entrainment purposes not a place to hope on, because it a 50/50 kind of chance, win and lose. In fact recommend if you must engage in gambling, ensure you alternative source of income to avoid depression or attempted when lose your hard earned money.

Don’t even rely on gambling as a source of income at all, let alone a reliable one. Those gamblers who actually consider gambling to be a source of income will always encounter lots and lots of disappointment, it’s even worst than market volatility or market crash because there’s hope of the market recovering after a crash, but with gambling, if the money is gone, then it’s gone for good and even if you attempt to chase the losses, you might even end up creating more problems for yourself. 

[Antotena]

No!! Gambling can never be a sustainable income or a source of income, I know most people believe that they can actually make gambling as their source of income even till this time, you know sometimes I keep wondering how gambling can be used as a source of income considering how difficult it is to get wining not to talk of wining in a roll  those who believe that they can actually make a source of income from gambling don't know how gambling works because if they had known they wouldn't have been going with that mindset.

You sound like you are speaking for everyone when the reality is that there are gamblers that are actually living upto gambling but the numbers are minimal compare to the large number of people that gamble with loss all the time. Do you also know that we have many gamblers that are not in loss with gambling and such gamblers have some money from gambling but they don't just have significant win that can change life and they are very okay with it.

There is nothing that is impossible in life, the fact that you are not winning doesn't mean that others are losing, there are but we have people that have nothing doing life than gambling and making money for their self. Some people has established business and investment with the money they have made from gambling. Many of their life has change because they have nothing doing but only gambling.