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

[CryptoHeadlineNews]

This are repeated subjects in this place. We have discussed it many times. And anyone who is surviving with gambling income is in debt. Because you can't win at all the time and the days you didn't win, what will you do? You will go and borrow to survive and even you win, some days, you won't win much and if you use the wins to pay debt what will you eat? I don't believe the saying that people survive with gambling income. There are doing other businesses.

Yes, you are absolutely correct regarding what you just stated above about everyone who is claiming to survive through gambling as being a big lie, as there has to be an alternative source through which they get their money from, since winning through gambling is not guaranteed. Because to be frankly speaking, the only people that can claim to survive through gambling are it's operators and people working as staff of the casinos, or influencers who are getting paid to promote these casinos to a wide range of audience. And apart from these sets of people, the rest are just playing a game of trying luck. And for that reason alone, is enough reason for newbies to know that gambling is a game they ought to use an amount they are willing and ready to afford losing.

[Wakate]

This are repeated subjects in this place. We have discussed it many times. And anyone who is surviving with gambling income is in debt. Because you can't win at all the time and the days you didn't win, what will you do? You will go and borrow to survive and even you win, some days, you won't win much and if you use the wins to pay debt what will you eat? I don't believe the saying that people survive with gambling income. There are doing other businesses.

Surviving through gambling can be very risky for gamblers and it is better to resist the urge than to think that we can make money through gambling without alternative way of generating income. Any gambler that is thinking that they will get rich or get comfortable through gambling are doing a big mistakes which should be avoided at the early time of gambling.

[Fiatless]

Surviving through gambling can be very risky for gamblers and it is better to resist the urge than to think that we can make money through gambling without alternative way of generating income. Any gambler that is thinking that they will get rich or get comfortable through gambling are doing a big mistakes which should be avoided at the early time of gambling.

I see some unemployed people in physical casinos around my neighbourhood and I can say that their lives are getting worse with gambling. Those who see gambling as a major source of income might go into debt, suffer mentally, emotionally, and physically. I usually tell them to channel their input in gambling into acquiring skills and their lives will be better. When one begins to depend on an inconsistent source of income for consistent returns, it leads to frustration.

[Berry2d]

I see some unemployed people in physical casinos around my neighbourhood and I can say that their lives are getting worse with gambling. Those who see gambling as a major source of income might go into debt, suffer mentally, emotionally, and physically. I usually tell them to channel their input in gambling into acquiring skills and their lives will be better. When one begins to depend on an inconsistent source of income for consistent returns, it leads to frustration.

Surviving through gambling can be very risky for gamblers and it is better to resist the urge than to think that we can make money through gambling without alternative way of generating income. Any gambler that is thinking that they will get rich or get comfortable through gambling are doing a big mistakes which should be avoided at the early time of gambling.

Why don't people believe one can get stable financially or is it because of the uncertainty that exist in gambling that makes all believe that financial stability can't be possible through gambling.  The killing truth about gambling is that as one man is losing that next person will be winning in an unbelievable way so we should never think what you are experiencing in gambling is what others are experiencing also.
The truth about gambling is that the same way it makes riches same also does it make poverty but all depends on the approach used,  to excel in gambling greed is the first thing to eliminate as a good gambler.

[Lida93]

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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.

If you had read to the end of @wakate's reply you would have understood what he's making about being able to stay profitable as a responsible gambler. At least if you don't always run back to the house to lose back all you had prior won then your profit level won't be that to low to your accumulated loss. There are gamblers that gambles away all they had won the recent day, and that's not how to manage our losses and profits. Perhaps that's what his comment was kind of implying.

[Z_MBFM]

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.

Gambling can never be a reliable source of income for anyone. Gambling is a place of entertainment. However, gamblers are very emotional, so they think about gambling wins and losses in a very positive way and think that after a loss, a win will come. In fact, the way gambling platforms advertise, it seems that it is very easy to get rich by gambling and now many people get financial advice and think very positively about gambling. Gambling is actually not positive for anyone in any way.

[junder]

The fact that gambling cannot be a source of income is more compelling than the fact that gambling can be a guaranteed source of income. And even professionals or experienced gamblers cannot avoid the risks involved in gambling, as that is simply impossible  therefore, everyone who gambles regardless of their experience or skill level can still suffer losses.

[Hewlet]

I see some unemployed people in physical casinos around my neighbourhood and I can say that their lives are getting worse with gambling. Those who see gambling as a major source of income might go into debt, suffer mentally, emotionally, and physically. I usually tell them to channel their input in gambling into acquiring skills and their lives will be better. When one begins to depend on an inconsistent source of income for consistent returns, it leads to frustration.

Surviving through gambling can be very risky for gamblers and it is better to resist the urge than to think that we can make money through gambling without alternative way of generating income. Any gambler that is thinking that they will get rich or get comfortable through gambling are doing a big mistakes which should be avoided at the early time of gambling.

If you want to easily tell if someone doesn't have a good future based on his gambling lifestyle then you will easily see that he believes that it's possible to sustain oneself through gambling.

Even when you're looking at it from the short run, gambling is not something that one should be doing as a means to a financial end and this is where the lazy ones always gets it wrong. That you can generate income from a thing doesn't in any way mean that tiu should make it an income source that you're going to be be depending on.

[Y3shot]

The fact that gambling cannot be a source of income is more compelling than the fact that gambling can be a guaranteed source of income. And even professionals or experienced gamblers cannot avoid the risks involved in gambling, as that is simply impossible  therefore, everyone who gambles regardless of their experience or skill level can still suffer losses.

In gambling you cant escape from losing, very impossible.  Where their is no lose im gambling then it is not lose. Before going into gambling one of the things you need to think about is lose and if uou are not ready to lose then it means one is not ready for gambling.  In a game like gambling that losing is constant, it doesn't make any sense to rely on it as a source of income.

 It is important for people to have it in mind as a game of luck and if you are not lucky to win, the ideal thing is to stop playing,  failing to do so, then one is only planning to lose much that they cant afford.

[davis196]

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.

1.OP, you are asking a question, which has been asked a million times before. May I ask why you have to post such forum threads? Or maybe you are just asking a rhetorical question and you don't want real answers?
2.There are two ways for someone to win consistently out of gambling. One, be a casino/sportsbook owner. Two, participate in gambling affiliate programs and get a commission for every active customer, who signups via the affiliate link and deposits money/crypto. The second option isn't that consistent, because the gambling industry is very competitive and the gambling affiliates have to invest a lot in marketing and advertisements before they see any positive ROI.

[Grace333]

There is no way gambke should be considered a source of income, anyone who takes gamble to be a source of income might end up ruining their lifes. Gamble result is determined by luck ans we cannot put the hope of our future in the hands of luck in such manner. Gambling was designed for the purpose of entertainment and shouldn't be taken seriously because you cannot by your own will power force luck upon yourself the best you can do is to place yourself in a position where luck finds you and majority of the time because of its design the house remains at the wining side.

[Agbe]

The fact that gambling cannot be a source of income is more compelling than the fact that gambling can be a guaranteed source of income. And even professionals or experienced gamblers cannot avoid the risks involved in gambling, as that is simply impossible  therefore, everyone who gambles regardless of their experience or skill level can still suffer losses.

Gambling is just a side hustle and no responsible gambler would put his full hope in gambling to make income from it. But whenever he wins, he would take it and be happy. And I have not heard any gambling is using gambling as a source of income. And if you are not a responsible gambler, you would loss everything you to gambling. Don't use gambling as a source of income but just take it as a side hustle.

[Proty]

The fact that gambling cannot be a source of income is more compelling than the fact that gambling can be a guaranteed source of income. And even professionals or experienced gamblers cannot avoid the risks involved in gambling, as that is simply impossible  therefore, everyone who gambles regardless of their experience or skill level can still suffer losses.

Gambling is just a side hustle and no responsible gambler would put his full hope in gambling to make income from it. But whenever he wins, he would take it and be happy. And I have not heard any gambling is using gambling as a source of income. And if you are not a responsible gambler, you would loss everything you to gambling. Don't use gambling as a source of income but just take it as a side hustle.

I don't even think it is proper to see gambling as a side hustle. Gambling shouldn't be seen as a means of making money but rather gambling should be major for fun or entertainment. Seeing gambling as a side hustle can impact on a gambler negatively because it is still the same thing as seeing it as a source of income which is a very bad. Gambling shouldn't be treated as side hustle because gambling isn't a business.
 

[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.

In this way I think it is a little misleading to only call it entertainment because entertainment does not usually have financial risk so big. Since money is involved, it is actually half entertainment and half a risky game. Many people say that it is not a problem if you do it in small amounts but the problem occurs when people forget their own limits, So I would say that it is not possible to avoid it completely for all the people but it is not right to take that lightly also. Having control and awareness of your own is the real thing.

Hmm, yes, what you said does make sense, that entertainment doesn't involve significant risk. However, from my experience, it's true that I also enjoy playing. Perhaps it's accurate to say that gambling is an expensive form of entertainment where we put money into it, which then triggers an adrenaline rush. It's not about the fear of losing, but rather about experimenting with how good our luck is.
What people say is true: the real problem is when you forget your limits. The point is, gambling can be a form of entertainment, but it must be kept under control.

[Agbe]

I don't even think it is proper to see gambling as a side hustle. Gambling shouldn't be seen as a means of making money but rather gambling should be major for fun or entertainment. Seeing gambling as a side hustle can impact on a gambler negatively because it is still the same thing as seeing it as a source of income which is a very bad. Gambling shouldn't be treated as side hustle because gambling isn't a business.

Side hustling is a way of getting money and not an income source. It is not tag as main income activity. So you don't put your hope on it but if it comes, you use it and if it doesn't, you leave and move on. It is only games playing without money can be tag as fun and not when you deposit money to win extra. If it was a fun, it would not pain you when you lose but because it is not a fun so it pains you when you lose. And you know it is a side hustling activity because I have not seen anyone saying he is a gambler and he lives with gambling to survive. We all have someone important doing to pay our bills and we gamble to find extra money to spend.

[Nathrixxx]

Don't take gambling for granted because it cannot be a sustainable means of income, it will feel you if you decided to do so, because this is not an investment, but instead, an entertainment, every one of us should know that we are gambling to have fun and we cannot keep on doing this without being mindful of the the conditions that surrounds gambling, lack of proper understanding has made a lot of people go into what they shouldn't because of wrong expectations from gambling.

[nimogsm]

The fact that gambling cannot be a source of income is more compelling than the fact that gambling can be a guaranteed source of income. And even professionals or experienced gamblers cannot avoid the risks involved in gambling, as that is simply impossible  therefore, everyone who gambles regardless of their experience or skill level can still suffer losses.

Because professional players, such as poker players, often earn more from advertising contracts and sponsorship deals than from the game itself, and in this case, it can generally be said that this brings them profit. The average poker player, however, can make the game their primary source of income, since one loss can ruin their winning streak.

[Rockson1]

Side hustling is a way of getting money and not an income source. It is not tag as main income activity. So you don't put your hope on it but if it comes, you use it and if it doesn't, you leave and move on. It is only games playing without money can be tag as fun and not when you deposit money to win extra. If it was a fun, it would not pain you when you lose but because it is not a fun so it pains you when you lose. And you know it is a side hustling activity because I have not seen anyone saying he is a gambler and he lives with gambling to survive. We all have someone important doing to pay our bills and we gamble to find extra money to spend.

Good point and good definition of side hustle dude, in a lay man understanding means something you do to get extra imcome but it is not certain anything is sure, why people get wounded by gambling addiction is because they misunderstand the whole gambling of a thing, how will someone think that as he is gambling he will become a real estate owner through winning from gambling, when a deceit like this takes over any gambler mind, such gambler can never play responsiblly or with spare money as such we know what the end will look like, what is the need to do more than your strength when you know that your emotions might be threatened along the line, gambling should be for fun or entertainment but if anyone wants it the other way, such gamblers must also play with same spare money.

[Proty]

I don't even think it is proper to see gambling as a side hustle. Gambling shouldn't be seen as a means of making money but rather gambling should be major for fun or entertainment. Seeing gambling as a side hustle can impact on a gambler negatively because it is still the same thing as seeing it as a source of income which is a very bad. Gambling shouldn't be treated as side hustle because gambling isn't a business.

Side hustling is a way of getting money and not an income source. It is not tag as main income activity. So you don't put your hope on it but if it comes, you use it and if it doesn't, you leave and move on. It is only games playing without money can be tag as fun and not when you deposit money to win extra. If it was a fun, it would not pain you when you lose but because it is not a fun so it pains you when you lose. And you know it is a side hustling activity because I have not seen anyone saying he is a gambler and he lives with gambling to survive. We all have someone important doing to pay our bills and we gamble to find extra money to spend.

Gambling isn't good to be treated as side hustle for Many reasons like the tendency of being addicted and there is no guarantee of making profit from it. Instead of seeing it as a side hustle it should be for entertainment and not as a source of income. Gambling isn't reliable to be seen as a side hustle.
When gambling is seen as means of entertainment rather than source of income the motive isn't the money but rather we are gambling to entertain ourselves. This similar to people going to cinema halls to watch movies despite they are paying money but they are not expecting money in return. They are because they want to be entertained, those that see gambling as a means of entertainment have this kind of mindset.

[Italian Panic]

The fact that gambling cannot be a source of income is more compelling than the fact that gambling can be a guaranteed source of income. And even professionals or experienced gamblers cannot avoid the risks involved in gambling, as that is simply impossible  therefore, everyone who gambles regardless of their experience or skill level can still suffer losses.

Because professional players, such as poker players, often earn more from advertising contracts and sponsorship deals than from the game itself, and in this case, it can generally be said that this brings them profit. The average poker player, however, can make the game their primary source of income, since one loss can ruin their winning streak.

It is true, I hadn not thought of that, there are professional poker players who earn much more from sponsorship deals than from playing. But let is also consider those who don’t have sponsors; I don’t think these people will be able to make a living from game income, or they’re very lucky, but we know that luck doesn’t exist.