Is Gambling A Side Hustle?

[WhoYouCantKill]

Gambling is not a side also, except we choose to take it for that, which is one of the ways that we cannot have our expectations meant because we don't fully understand what is required, to gamble is for fun and not for an earning source, the approach many give to it is in a wrong direction and that is why they couldn't achieve much from it, what takes money away from you is no more longer a side also but a liability though this shouldn't be termed in such a manner because we are gambling to have fun and not to make money.

That's right, people should fully understand that there is no benefit in treating gambling as a way of making quick money, which will only result in damaging their health, relationships and their financial status as well. Which is why people should just do the needful when it comes to gambling, because doing otherwise will only attract more problem and cause more harmful issues to their plans, which will ruined their plans and might also destroy their future as well.

[Hyphen(-)]

Some comments can be very funny, reading the part that says gambling is a sin got me wondering where the person got that from, it is all just a religious construct. Gambling cannot be a side hustle because you cannot get a guaranteed income from it. A lot of gamblers try to make gambling a means to get money on the side but this leads to gambling addiction or terrible losses in the long run.

Those that do claim that gambling is a sin are coming from religious perspectives which some religions prohibit gambling, aside from that, gambling is something people rely on really well because they are making money from it; with this, I can say that gambling is a side hustle to so many people.

Some might argue that it is not a side hustle but they will use online gambling platforms to bet and use the money to solve their problems; therefore, it is indeed a side hustle because most gamblers have their full time job but still find their gambling and casino platforms to bet for more money, and they are actually making it big, while some are losing their money to gambling.

[ejikeme24]

There are people who are actually making money from gambling as if it is there main hustle because they have  their own community who they give code to play and they also have VIPs and the kind of money these folks are making, you can not say they are wrong if they say gambling is a source of income for them. But if you not have gotten to their levels you can not call gambling a source of income because it's like digging one's grace by oneself, it is better to be free or neutral when gambling.

I think giving out booking code/ or selling booking codes is quite different from gambling, i will call that a side business because they are not betting with their money rather they are just selling booking code. And it is only those gamblers who are so inquisitive to win from gambling that can easily waste their money in buying games from them, I'm not disputing with you when you said that they are making money of course they are  making money with that strategy but they can't be considered as profit gamblers or people who are  making money from gambling, rather they are just fooling those who think they are expert.

[Byebyebtc]

Because you make money through gambling doesn't make it a side hustle.
How can you call what is capable of clearing your bank account side hustle?
Side hustle gives you money consistently, gambling is the other way round, and even if you win it is totally not consistent.

And with side hustle you will be getting some cool money sometimes especially in a long period of time, but in casino's you are supposed to loose in a long term

[Furious 7]

I would still say that it is not a Side Income for now because either way it will have greater potential when putting gambling as a side hustle. Indeed, we can get winnings in the gambling that we do and that can make us get additional to our income but when making this as a side income obviously this has the potential for us to have other goals when we gamble because we as much as possible have to continue to get profits and this will be difficult when we are faced with gambling.

Maybe other gamblers will consider this as a side hustle but I don't really care because for me this is definitely not worth it when considering gambling as an additional income that we have although I also can't deny when I win the income from my salary becomes uninterrupted for gambling but I wouldn't say this as a side hustle because it's part of luck and not every week I get that.

[Churchillvv]

Of course perspectives may vary but in my perception, gambling can never be a side hustle as its more of entertainment related stuff for me because i don't use amounts that are significant enough to gamble, that alone is something i have build over time but however it doesn't mean that it can't be a side hustle for someone else, if those in the article claims its their side hustle then it must be covering bills that side hustles do cover hence there is other word that describe it better than a side hustle so they are right and we are also right that its not a side hustle. And by definition it's actually not a side hustle, taking it serious always end in regret even though it brings profit to an extent.

[abaeze]

Even though people win temporarily in gambling, most of them lose in the end. So calling it a source of income is misleading. As far as I know, almost all gambling systems have a house edge, meaning that in the long run the player will lose. So if someone wins in gambling, it is a surprise money for him, but it is not right to consider it as a source of income or to advise it. However, those who choose gambling as a source of income have the personal freedom to do so. But if someone else is harmed by one's advice, then it is unethical.

[Moreno233]

When you start having thoughts like the gambling can become a kind of job then I assume the person is already in huge debt or got too lazy to make a living. Gambling is for fun and your life can change with big wins from gambling which is true but the problem is you can't make that big win happens no matter how many bets you make, if it supposed to happen it will but until that keep working hard, keep yorself alive and just live in the reality.

This is not always true, there are people that depend entirely on gambling and have that have achieved a lot of things from gambling, although that is not a great thing to do because gambling is better set as something not playing key role in terms of the finances which is why I believe that gambling should be taken as a side hustle which is incline with the OP.

[lombok]

Even though people win temporarily in gambling, most of them lose in the end. So calling it a source of income is misleading. As far as I know, almost all gambling systems have a house edge, meaning that in the long run the player will lose. So if someone wins in gambling, it is a surprise money for him, but it is not right to consider it as a source of income or to advise it. However, those who choose gambling as a source of income have the personal freedom to do so. But if someone else is harmed by one's advice, then it is unethical.

It is extremely deceiving to consider the betting one of the main sources of income since the systematic advantage of the organisers will always prevail among us all. I can see that short-term victories are only a statistical anomaly that causes zero sense and financial forecasting. It is true that it is ethically wrong to expose other people to risky activities. We should teach the people around us not to stop making use of actual sources of income.

[Rockstarguy]

Because you make money through gambling doesn't make it a side hustle.
How can you call what is capable of clearing your bank account side hustle?
Side hustle gives you money consistently, gambling is the other way round, and even if you win it is totally not consistent.

And with side hustle you will be getting some cool money sometimes especially in a long period of time, but in casino's you are supposed to loose in a long term

Now the question we need to ask  is how money is being made from gambling and why would one consider it to be side hustle. Side hustle are always reliable and they can be small some times but I dont think gambling is one to consider as side hustle,  because you wil definitely going to lose more than what you dont even expect. It is a game that people needs to follow with caution and not a money minded game because you will definitely lose a lot of money.

[fredericktaylor]

I think gambling is only for entertainment, it is not at all right to choose gambling to earn money in any way. There is no confirm of winning money through gambling, the results of gambling are completely predictable, to win in gambling you have to rely on luck. So I think gambling with the mindset of earning money only for entertainment is not at all right, as a result, it will not be possible to manage gambling according to the right rules, as a result, gambling can become a big threat to our life.

[Issa56]

People are saying here https://bitcointalk.org/index.php?topic=5576619.msg66535841#msg66535841 gambling is not a side hustle and that making me to create this thread. And I made a research in the internet and I saw many articles say that gambling is side hustle. How sports betting became Nigeria’s new side hustle
And from personal experience, I have seen gamblers saying that "if not gambling, they would died with starvation".

It’s the situation of the country that makes it look like a side hustle. Gambling is suppose to be for fun, and entertaining and not a place where you can make money, if you gamble and win from gambling, then it’s belongs to you and you can do whatsoever you want with it, but we shouldn’t take it as a source of income.

Things are not really working well here, the level of unemployment is high, so there are just lots of youths here without job, those youths don’t have choice than to look for ways to earn so that they will be able to survive, and some youths are underpaid in their jobs, what they earn can take care of them, so they just have to look for ways to increase what they are earning, so since people do win when gambling, they decide to take it as their alternative source of income.

[Versatile_choice]

Even though people win temporarily in gambling, most of them lose in the end. So calling it a source of income is misleading. As far as I know, almost all gambling systems have a house edge, meaning that in the long run the player will lose. So if someone wins in gambling, it is a surprise money for him, but it is not right to consider it as a source of income or to advise it. However, those who choose gambling as a source of income have the personal freedom to do so. But if someone else is harmed by one's advice, then it is unethical.

Well, just like you said " people win temporarily in gambling" the word"temporary" have explain it all because it is not stable, Temporary means something that come and go it is not stable. hence, I can't possibly consider it as side hustle even though some people might decide to consider it as side hustle with a reason best known to them but I can't.

I would rather engage myself in other activities that seems reliable as side hustle rather than making side hustle In gambling that is purely based on luck.

[MRY]

Even though people win temporarily in gambling, most of them lose in the end. So calling it a source of income is misleading. As far as I know, almost all gambling systems have a house edge, meaning that in the long run the player will lose. So if someone wins in gambling, it is a surprise money for him, but it is not right to consider it as a source of income or to advise it. However, those who choose gambling as a source of income have the personal freedom to do so. But if someone else is harmed by one's advice, then it is unethical.

Well, just like you said " people win temporarily in gambling" the word"temporary" have explain it all because it is not stable, Temporary means something that come and go it is not stable. hence, I can't possibly consider it as side hustle even though some people might decide to consider it as side hustle with a reason best known to them but I can't.

I would rather engage myself in other activities that seems reliable as side hustle rather than making side hustle In gambling that is purely based on luck.

The volatility of the games of chance will show the relevance of the fact that basing your income on luck is an extremely dangerous choice. In my opinion, a side hustle must be an income that is safe in order to support the financial structure of a family on a sustainable basis. It is true, as you said, that the transient quality of the gambling wins does not make it a valuable base in finances. We should concentrate our energies elsewhere that are productive so that our efforts do not result in nothing.

[GeorgeJohn]

Because you make money through gambling doesn't make it a side hustle.

Gambling is not a side hustle, but if you depends on it or if you see values on it, it can be your side hustle.

How can you call what is capable of clearing your bank account side hustle?

Gambling will wipe your bank account when you fail to gamble with precaution...so gambling is not really a side hustle it's a game..

[Maslate]

Gambling is not a job or an occupation, yet it still help us making money when we gamble with luck, therefore it can be seen as a side hustle.

However, if we are gambling yet it never provide us an extra income, it will never be viewed as a side hustle. As simple as that.

We all have different views and experiences with gambling, that's why gambling can be a side hustle for some, while others do not see it as one.

[Iroh]

Gambling is best treated as side hustle and never as the main source of income.  This will ensure that the player have something to fall back on when the winning did not come. If gambling becomes the main source of income, there will be serious problems should the player not get winning for a while. As a side hustle, little attention and resources will be allocated to it which is the right way to go to avoid  attaching too much emotion to it.

I think gambling should  be rightfully seen as a merely activity that has a possibility of giving you some money rather than a job or a side hustle. With a side hustle, you still get paid for your work done or services rendered. With gambling, it's not like that. You cannot look to gambling as a side hustle. From making it a side hustle in a bid to try and win, you might just slowly graduate into looking to gambling as a full time way to make some money.
We also shouldn't forget that these casinos are in it to make profits and the house always wins. That's why it's certainly not advisable to take gambling as either a full time job or a side hustle. It's almost always turns out wrong.

[Glowy]

People are saying here https://bitcointalk.org/index.php?topic=5576619.msg66535841#msg66535841 gambling is not a side hustle and that making me to create this thread. And I made a research in the internet and I saw many articles say that gambling is side hustle. How sports betting became Nigeria’s new side hustle
And from personal experience, I have seen gamblers saying that "if not gambling, they would died with starvation". Not necessarily that a gambler must win every day but they win once, twice or trice a week which they can use to buy food. And as for me anything you do to give you money once a while or regular and it is not your regular job is a side hustle. If this week is not good for you, it will goo foe another person and next week might be your turn.
In my research, I saw a social media post that,

Gambling is not a side hustle but gamblers are making money from it.
And another person Said,

bro, the fact is I am not greedy..
I lose sometimes, but the money I have won of far bigger than what I have lost…
I play maximum 5 odd with like 50k… if i see 80k sometimes 150k I cash out..

There are some days you would go out to hustle and after the work, you were not paid but you called it side hustle.

You can read this article. The third paragraph Yes, sports betting can be considered as a side hustle, And this How sports betting became a side hustle for many Nigerian youths
Listen to this YouTube Video. Sport Betting Is My Side Hustle and lot more.

You are not making money from gambling does not mean other are not cashing out. We have different luck in gambling. From all the examples I have shown. I want to know your experience and opinion if gambling is a side hustle or not. I need general opinion on the argument.

In all honesty, gambling is a 'hustle' because many disciplined and wealthy individuals will not come to gamble. Unless they are addicts.

[Solodoski]

Gambling is not a side also, except we choose to take it for that, which is one of the ways that we cannot have our expectations meant because we don't fully understand what is required, to gamble is for fun and not for an earning source, the approach many give to it is in a wrong direction and that is why they couldn't achieve much from it, what takes money away from you is no more longer a side also but a liability though this shouldn't be termed in such a manner because we are gambling to have fun and not to make money.

That's right, people should fully understand that there is no benefit in treating gambling as a way of making quick money, which will only result in damaging their health, relationships and their financial status as well. Which is why people should just do the needful when it comes to gambling, because doing otherwise will only attract more problem and cause more harmful issues to their plans, which will ruined their plans and might also destroy their future as well.

If it is possible to control what people think, i will volunteer to help a lot of individuals. Gambling has no assurance of making money quick but it is a way of making quick money. The problem lies in the decision to make money quickly. When there are legit ways, that is certain to make profit irrespective of the time it will take to start getting result from it. It is better to build a sustainable income stream instead of getting the money in a haste.

[Vaculin]

Personally, I don't see gambling as a side hustle, but a way to lose more money if you are seeing it as a source of living. That is why majority would not encourage newbies to get attached with gambling if your goal is to make money, but if you are here just for entertainment and fun, and making money is just a bonus, then you are in the right track.

Gambling can never be a side hustle, no matter how others are seeing as one.