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Author Topic: If gambling were to be ur only source of income  (Read 214 times)
Pikiboy (OP)
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Today at 02:24:07 PM
 #1

From what people regularly say about gambling that they should be gambling for fun and not a place to make an extra cash. When people gamble this make them to start having this feeling that "how they wished they could win just one bet".
Then come to think about this, what if Gambling where to be only source of income, how regularly would you keep gambling per day?
How trusted and transparent do you think that gambling site will be to people even as now that people are facing many difficulties from gambling site?

Share your thoughts.

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Today at 02:46:42 PM
 #2

Gambling isn't a job or skill and that makes it not to fall into any form of source of income because profit isn't guaranteed but losses. I don't have anything to say about how the casinos will be transparent to gamblers because it will still be as it is now.

Making gambling a job has a lot of consequences attached to it. Addiction, hunger, poverty, looking tattered, frustration, hopeless future and if care isn't taken abandonment by family members. The consequences of gambling is higher than the positive side

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Today at 02:48:33 PM
 #3

well, make gambling to become a source of income is already wrong, they ahev to betting routinely for income, how if they are lose? how they can get money? I have a neighbor who gambles on cockfighting, almost every day he works as a cockfighting gambler. He has no other job (AFAIK), He have a wifeand children, can you imagine what can he do because of his gambling habit?

He sells what he owns for gambling, and from his mother story, he asks money to his mother for buying food for himself, his child and his wife everyday. If the condition happnes, what do you think if someday he no longer has his mother? with no job, gambling addict, and lose, can you imagine what the next he can do?

So, it’s not about how often he gambles each day, but about how gets out of the gambling cycle to get a job. because make gambling as source income is not the right choice.

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Today at 02:55:42 PM
 #4

Then come to think about this, what if Gambling where to be only source of income, how regularly would you keep gambling per day?

The stakes are too dangerous and high-risk if gambling becomes the main source of income. So I will not make gambling my main job. I think the odds are only 1 in 1000. The more you open it too often, the more addicted you will become. This can have negative effects on your physical, mental, and financial condition. If this happens, your life could be ruined and destroyed. I think no one would make luck their main job for a living. Many cases occur in my country. This situation makes me see that gambling, if not done wisely, will ruin us and make us uncontrollable. IMO

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Today at 02:59:15 PM
 #5

It will be very unwise for anyone to make gambling his only source of income, considering the fact that gambling is unpredictable, some time ago i felt i could a device a strategy that will always keep me winning, overtime i tried different options in sports betting including going for under/over prediction options, i also tried GG/NG option, currently am playing straight win option but yet i can’t guarantee a constant winning streak, no matter how careful a gambler is he can’t always win, a team can just make a crucial mistake that will end a gambler’s winning streak and in other for such gambler to recover, he would start chasing losses and lose big, so i won’t advise anyone to depend on gambling to be their only source of income, so they don’t end up being frustrated, gamble what you can afford to lose.

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Today at 03:02:55 PM
 #6

That was my dream for gambling to be my source of income as I believe with that life I would be more fulfilled.

When we say source of income it means an inflow of cash so it cannot be your job to gamble but you are not sure that you will be profitable that is not a source of income for me.. so when I consider it as a source of income then that means I'm making a living from gambling.. Many will say that it's impossible that's why I want to try to prove that it is possible, but myself I'm still not even at 50%, still losing money while I'm not giving up on that dream. but if you will ask me I'm fine.

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Today at 03:03:52 PM
 #7

Share your thoughts.
You can get wrecked for life, I'm sure you know it is unhealthy to focus on gambling as a source of income.

Whether you gamble every day or at intervals, as long as you play from the same bankroll, the intervals don't matter. As long as you do not have a proper and legitimate source of income, you're definitely going to run out of cash, before it escalates to serious compulsive habits that could affect different areas of your life.

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Today at 03:12:32 PM
 #8

If it were that easy to make gambling a source of Income then there would be no need to have a real job, people would be ready to gamble constantly just because that's their source of income. But just like the word implies it is a game of wins and losses, there are no guarantees of winning, this is the main reason why no one can actually have that confidence to make gambling a full time job or even a side hustle. The problem with a lot of people is that they assume they have a way to consistently be in profit forgetting that their previous win was probably through luck.

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Today at 03:13:22 PM
 #9

Since, you don't have any source of income, how will you get money to gamble in the first place because gambling isn't free. Even if you're given free bonus after you create your account, can you meet up to the wager requirements in order to cash out your bonus.

Lazy and unserious people are the ones who thinks that they can make a living through gambling when in reality, the chance of that happening is very slim. Get a good source of income be it a job, skill or business and gamble with what you can afford to lose in order for you to enjoy the fun and entertainment derived from gambling.

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Today at 03:19:52 PM
 #10

I cannot imagine anyone making gambling their only source of income. Even if we are quite good at managing finances, if everything is just for gambling, I guess all the money will be gone. It doesn't mean you can't win, but from the amount you win and lose, you surely know the result. 
Gambling is something uncertain, so why expect to always win? No matter how often you gamble, you cannot make gambling your sole source of income.

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Today at 03:22:36 PM
 #11

How trusted and transparent do you think that gambling site will be to people even as now that people are facing many difficulties from gambling site?

Share your thoughts.
Gambling is very risky when a person make it main source for income. In my opinion no one should depend on gambling money to pay their house hold expenses children fees or daily needs. I have seen many people they start with small money and when he wins the bet his confidence also increases and then he gambles more and then he addict to it but the worst part is when this person bet after loss to recover his loss money and in this way he loose all his money. Gambling is not a job and when a person only income is gambling money so he is everytime in pressure like he needs money for his basic needs but doing gambling he loose more. So a person having own business or a stable job is better.

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Today at 03:30:25 PM
 #12

From what people regularly say about gambling that they should be gambling for fun and not a place to make an extra cash. When people gamble this make them to start having this feeling that "how they wished they could win just one bet".
Then come to think about this, what if Gambling where to be only source of income, how regularly would you keep gambling per day?
How trusted and transparent do you think that gambling site will be to people even as now that people are facing many difficulties from gambling site?

Share your thoughts.

Something that’s fill with so much uncertainty as gambling can not be one  source of income unless you’re the  one running the casino. Seeing gambling as a source of income will definitely put you in position , that will messed up your finances and also your mental health . I had a friend then that had the thought of taken gambling as a source of income , at first he was lucky enough to be In a winning streak for some period of time . But with time it seems his luck began to run out and he was In a very massive losing streak that he has to call it a quit . So , you can see gambling as a source of income while it will constantly drain you of your hard earned money .

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Today at 03:31:24 PM
 #13

How can gambling be a source of income? Everyone will give the same answer that gambling can never be a source of income. In my opinion, gambling can be a way to destroy your income. So gambling should be seen as entertainment, because here it is a game of luck, so if you are lucky you can win, otherwise you will lose.
Personally, I never think of gambling as a source of income, if gambling was a source of income, then everyone would have stopped working and become rich by gambling. But the stories of people who have succeeded in gambling are very few, but you will see that most people have lost money by gambling.

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Today at 03:36:53 PM
 #14

Gambling becoming only source of income then how will people get the money to gamble with. Some questions doesn't even make sense to me because before you gamble you will need money to do that but where will you get the money? Let me just pretend to answer your question, if gambling is to be the only source of income then casinos will have to establish games that people can easily win and lose less because if it is not made that way, it means many people will go broke considering how gambling works. People will need to win so that they can have the money to continue gambling with.

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Today at 03:37:56 PM
 #15

From what people regularly say about gambling that they should be gambling for fun and not a place to make an extra cash. When people gamble this make them to start having this feeling that "how they wished they could win just one bet".
Then come to think about this, what if Gambling where to be only source of income, how regularly would you keep gambling per day?
How trusted and transparent do you think that gambling site will be to people even as now that people are facing many difficulties from gambling site?

Share your thoughts.
First of all, only foolish people would take gambling as a source of income, let alone their only source of income, knowing what gambling means. However, after understanding the meaning of gambling, some people still chose to make it their only source of income.

I keep wondering how these people cope with life. What if they lose all the money they have one day? what would they fall back on?

Gambling is something people should do for fun, and not the other way around, because it is a game of uncertainty.

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Today at 03:38:44 PM
 #16

As an ex-pro bettor who made a living solely from his bets for multiple years before moving into affiliation (I also started selling picks a bit later to build on this, but I could make a living off my plays) I don't agree that this cannot be a source of income. It is EXTREMELY difficult to make it a source of income, especially as the darts table is constantly moving. Same goes to poker, although I'm pretty sure there are more poker pros than sports bettors, given its much more consistent and beating a certain poker level provides a higher ROI (generally speaking) than betting.

Books with soft lines will limit you, ban you, go bankrupt. Sharp books will get better and better lines, harder to beat. The grind is crazy. Most pros I talk to have a 1-2-3% ROI in the long run. They have high volume and they bet big, but variance can be crazy. If you find a good high ROI out, like some prop betting market group on a niche sport you will likely not be able to bet enough or bet foten enough.

The main issue is the swings. This isn't a consistent income. You might be slightly up one month and then down big the next. If scheduling isn't lucky you could go bankrupt even if you have a great model and an otherwise solid process. You need a big banrkoll to start and there are some issues for sure.

Obviously, if you only pay casino games (All negative EV, even blackjack), relying on gambling is not a great plan. Besides huge drops and cash boosts and temporary +EV spots the only legit long term stuff I know of is online card counting (there are PAID services counting cards on EVO (and maybe Ezugi?) streams, but both the game provider and the casino will catch you if you only try to sit on tables with high counts. The TLDR is that casino games no, sports betting and poker yes, but both are extremely difficult. You are much more likely to find success elsewhere.
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Today at 03:38:54 PM
 #17

Gambling is not qualify the be a source of income, however if someone actually uses gambling as their source of income, it only means that the person will end up being addicted, they are likely to lose everything they have and even develop psychological problem because gambling does not produce sustainable income, the outcome is based on luck. For someone that have a good source of income, they will definitely channel all their energy to that income source but assuming it gambling that the person is focused on, they will lose all their money and could steal from people to continue gambling because when gambling is your only source of income, how do you get the money to continue gambling when all your wins has been lost?

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Today at 03:43:34 PM
 #18

Honestly gambling can never be the only source of income. If someone starts thinking of gambling as a source of income, then he is living in a fool's kingdom. Because you have to accept that gambling companies are here to do their business, not to give you money. No matter how much you win, at the end of the day there is a thing called the house edge of the casino. That is, at the end of the day the casino company has a certain profit.

But yes, there are some strategic games through which you can win in gambling. Like poker. So in poker you can win at least something by applying your strategy. But this can never be the primary source. Your primary source should be a regular job.

Apart from that, if you see it as a side income or entertainment, especially poker or sports betting (but within a certain budget). Then that is acceptable. But the problem is that most low income people are more addicted to gambling. The reason for this is to earn money. They come to gamble after hearing stories of different people's winnings and at the end of the day face losses.

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Today at 03:43:46 PM
 #19

If gambling were to be the only source of income then one you should know that is nearly about 40 percent of world population could have been useless by now.
It is only useless and senseless person that would keep gambling even after knowing that it's meant for entertainment purposes and not for money making. Just take a look at the people who turned themselves into gambling just because they believe that they can make it through gambling has not been able to make since then till now. I do not also think without other work than gambling that people wouldn't Make any progress in the world. Because, gambling is basically for entertainment so shouldn't be considered as were to make money because the results usually ends badly.


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Today at 03:47:48 PM
 #20

If gambling were to be your only source of income? then you are crazy. Grin

Who in their right mind would consider gambling as their only source of income, it's like they are not living in reality, they don't realize that the gambling industry is profitable and that is because we love losing. I know we have high ambitions and some want to make a living from gambling but it's just a dream because the majority suffer painful defeats. Not saying it's impossible but it's unlikely maybe less than 1% chance to belong to the people who actually make money in gambling.

So if we are being desperate to earn money , for God's sake, don't choose gambling.

 
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