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Topic: Any One Who Gambles BTC For A Living? (Read 2815 times)

sr. member
Activity: 364
Merit: 250
March 16, 2016, 11:20:22 AM
#67
Is there anyone out there that makes a living on buying, selling, trading BTC.  When I say buying, selling, trading, I am talking about people who play faucets, gamble, trade services, or any other trading/activity with BTC.  If you are out there, please enlighten us on what we can do to get the same results on our end.

well i know a friend that trades for a living and since trading in considered as gambling too, i can say that he gambles for a living

and i don't  i just don't understand how can you give all of your money to lady luck, and hope for best day by day,  i gamble sometimes but by $ not more
Its very hard. Because it cost a lot of money and time and that is very bad. I just indeed gamble for fun.
Not to be rich otherwise you will lose a lot of money and that will be so bad and it is also all wasted and that is very bad.
hero member
Activity: 658
Merit: 500
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March 16, 2016, 08:45:29 AM
#66
Is there anyone out there that makes a living on buying, selling, trading BTC.  When I say buying, selling, trading, I am talking about people who play faucets, gamble, trade services, or any other trading/activity with BTC.  If you are out there, please enlighten us on what we can do to get the same results on our end.

well i know a friend that trades for a living and since trading in considered as gambling too, i can say that he gambles for a living

and i don't  i just don't understand how can you give all of your money to lady luck, and hope for best day by day,  i gamble sometimes but by $ not more
legendary
Activity: 1750
Merit: 1115
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November 25, 2015, 02:49:42 AM
#65
Is there anyone out there that makes a living on buying, selling, trading BTC.  When I say buying, selling, trading, I am talking about people who play faucets, gamble, trade services, or any other trading/activity with BTC.  If you are out there, please enlighten us on what we can do to get the same results on our end.

you're probably on the wrong path if you want  to make a living with gambling, i highly suggest not to think of it. if want to earn with gambling, just consider it as a side earning. but if you want to be broke in the end, continue it then Tongue

Yes also gambling could be used to do the side income or to manage your pocket money if you run short of it at times.Its very important to work hard in life in order to be successful .Gambling won't really make you rich because at the end of the day it will leave you broke in the long run.Though there are a few scenarios of lucky gamblers but the probability of that again is too less like next to impossible.
sr. member
Activity: 448
Merit: 250
November 25, 2015, 02:41:18 AM
#64
Is there anyone out there that makes a living on buying, selling, trading BTC.  When I say buying, selling, trading, I am talking about people who play faucets, gamble, trade services, or any other trading/activity with BTC.  If you are out there, please enlighten us on what we can do to get the same results on our end.

you're probably on the wrong path if you want  to make a living with gambling, i highly suggest not to think of it. if want to earn with gambling, just consider it as a side earning. but if you want to be broke in the end, continue it then Tongue
hero member
Activity: 686
Merit: 500
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November 25, 2015, 02:05:52 AM
#63
Is there anyone out there that makes a living on buying, selling, trading BTC.  When I say buying, selling, trading, I am talking about people who play faucets, gamble, trade services, or any other trading/activity with BTC.  If you are out there, please enlighten us on what we can do to get the same results on our end.

Trading is not a completely gambling, it's need analysis to make profit from it, gambling is totally based on luck and people who living with gambling is bad person i think.
legendary
Activity: 1442
Merit: 1008
November 25, 2015, 01:59:00 AM
#62
is there anyone do this?i'm sure there will be so many person do this.bet and gambling for living,they life with money from bet and gambling,and i;m also sure that one is never so hard to get money,i know that because some of my friend do that.
newbie
Activity: 42
Merit: 0
November 24, 2015, 11:33:00 PM
#61
you dont just use your bitcoin just because others are making out with it. it needs more than that. for you the easiest way is just to hold the bitcoins and wait for the value to increase and if you are mature in the world of bitcoins you can do some trading with it. thanks
legendary
Activity: 1078
Merit: 1000
November 24, 2015, 10:15:16 PM
#60
Op if you think that faucets can create any kind of opportunity for you in 2015 you are very wrong. To gamble or trade BTC you either has to be early adopter or buy bitcoins for you FIAT.
If you can offer your skills in exchange for BTC it is also good option. Then if you acquire sufficient amount you can gamble or trade with it. I don't see any other way.

I dont understand why you can earn that big amount in doing exchange? You can't get that much in such a little time except you have more money to do that exchange thing may be you can earn that big but that will take time too
Actually I disagree with you .If faucets used properly can make a shit lods of btcs .I'm just giving an example of a guy who used to make 0.1 btc a week with just faucets. The trick is to run multiple faucets for 24 hours a day and multiple accounts using VPN's.This can be a lazy trick to earn free btcs but consumes a lot of resources .
If you can dedicate your whole time and resources just to run 'faucet machine' then you probably will earn more than peanuts. But it is as you said, you MUST have machine online for 24h.
In some places electricity bills will be actually higher than your income from faucets.

You will never get money from faucets although you really have that 'faucet machince' like you said if you didnt have any reff I dont think so you will earn much and it sure needs more time and it is not worth to sacrifice your time just to get that little bit of money
legendary
Activity: 1386
Merit: 1016
November 24, 2015, 04:27:52 AM
#59
first of all i dont think that gambling bitcoins or any kind of money for a living is a good idea because it will make you loose everything in my opinion and secondly its impossible to make a living from doing that
completely untrue, there are plenty of people that have made it big off a lucky streak, or earn a living through games such as poker. it is never a guarantee that gambling is a for sure loss, otherwise people wouldnt ever bother gambling knowing that they would just be throwing their money away. and again, its not impossible to make a living off gambling, theres plenty of poker professionals that would say otherwise.

yah and when u see the poker tournament, the amount of money they win is ridiculous. dont say the top winner, even the top 10 also win an insane amount of money. but i also hear that the entrance fee is very high too.
sr. member
Activity: 364
Merit: 250
November 23, 2015, 11:30:17 PM
#58
first of all i dont think that gambling bitcoins or any kind of money for a living is a good idea because it will make you loose everything in my opinion and secondly its impossible to make a living from doing that
completely untrue, there are plenty of people that have made it big off a lucky streak, or earn a living through games such as poker. it is never a guarantee that gambling is a for sure loss, otherwise people wouldnt ever bother gambling knowing that they would just be throwing their money away. and again, its not impossible to make a living off gambling, theres plenty of poker professionals that would say otherwise.
legendary
Activity: 1162
Merit: 1000
November 23, 2015, 10:28:02 PM
#57
With fiat, there are many people who gamble for a living, but I don't think anyone gambles with BTC for a living. It's probably because most of the gamblers who make money off gambling win their money from poker tournaments; there aren't very many big poker tournaments around for bitcoin. Also, most bitcoin gamblers like to play dice, which has a house edge, making it impossible to win the in the long run.

There's a couple of really big bitcoin tournaments coming up next week on Betcoin.ag.  There's a 500K USD GTD MTT on November 29th and then there's a 1M USD GTD MTT on December 6th. There's also a huge tournament series the following week with a $1.75 million dollar prize pool.  https://www.betcoin.ag/betcoinag-presents-online-super-series-iv-over-175-million-btc-prize-pools.  You can buy into them all with bitcoin.

Oh wow, I didn't know such big tournaments were held for bitcoin. Then, there must be some poker players that can make a living from gambling bitcoins, just that the media doesn't cover them.
the billionaire poker is always displayed. they are always honest show their wealth. this is what I like from the players, they are honest.
legendary
Activity: 1064
Merit: 1000
November 23, 2015, 10:26:06 PM
#56
With fiat, there are many people who gamble for a living, but I don't think anyone gambles with BTC for a living. It's probably because most of the gamblers who make money off gambling win their money from poker tournaments; there aren't very many big poker tournaments around for bitcoin. Also, most bitcoin gamblers like to play dice, which has a house edge, making it impossible to win the in the long run.

There's a couple of really big bitcoin tournaments coming up next week on Betcoin.ag.  There's a 500K USD GTD MTT on November 29th and then there's a 1M USD GTD MTT on December 6th. There's also a huge tournament series the following week with a $1.75 million dollar prize pool.  https://www.betcoin.ag/betcoinag-presents-online-super-series-iv-over-175-million-btc-prize-pools.  You can buy into them all with bitcoin.

Oh wow, I didn't know such big tournaments were held for bitcoin. Then, there must be some poker players that can make a living from gambling bitcoins, just that the media doesn't cover them.
hero member
Activity: 546
Merit: 500
November 23, 2015, 09:58:26 PM
#55
secondly its impossible to make a living from doing that

Bookies do live their lives by living on gambling , Gambling on large scale becomes Fixing and yes fixing can let you live a luxurious life.
So living on gambling is Possible , but not all can be a true gambler.
legendary
Activity: 1176
Merit: 1017
November 23, 2015, 09:41:08 PM
#54
With fiat, there are many people who gamble for a living, but I don't think anyone gambles with BTC for a living. It's probably because most of the gamblers who make money off gambling win their money from poker tournaments; there aren't very many big poker tournaments around for bitcoin. Also, most bitcoin gamblers like to play dice, which has a house edge, making it impossible to win the in the long run.

There's a couple of really big bitcoin tournaments coming up next week on Betcoin.ag.  There's a 500K USD GTD MTT on November 29th and then there's a 1M USD GTD MTT on December 6th. There's also a huge tournament series the following week with a $1.75 million dollar prize pool.  https://www.betcoin.ag/betcoinag-presents-online-super-series-iv-over-175-million-btc-prize-pools.  You can buy into them all with bitcoin.
legendary
Activity: 1064
Merit: 1000
November 23, 2015, 08:54:13 PM
#53
With fiat, there are many people who gamble for a living, but I don't think anyone gambles with BTC for a living. It's probably because most of the gamblers who make money off gambling win their money from poker tournaments; there aren't very many big poker tournaments around for bitcoin. Also, most bitcoin gamblers like to play dice, which has a house edge, making it impossible to win the in the long run.
legendary
Activity: 1456
Merit: 1005
November 23, 2015, 08:25:57 PM
#52
I am not Gambling BTC for living. This is not for me, I am afraid to lost a big. I am Gambling for fun and try to live and be happy.

It is good decision of not gambling for making money. Also one should check there luck some times as you said gambling for fun and if your really lucky then you may make some good profits during your fun time.
legendary
Activity: 1176
Merit: 1017
November 23, 2015, 05:11:21 PM
#51
     Well, I've read a majority of the posts in this thread just to get a consensus on the opinions expressed herein.  I would like to add that one can definitely realize a positive rate of return by playing games of "skill" where chance is a factor, as opposed to playing games of "chance" alone.  Poker is a good example.  It doesn't take much to become a player with a positive ROI with poker, especially if one were to find a site that has more of the "gambling" variety of players, in contrast to the variety of players who play with a developed skill set.  There are several tools at one's disposal which may be used to facilitate acquiring such a skill set.  There is software that enables players to search sites with "soft" playing fields....colloquially referred to as "bum hunting software."  There is software that keeps databases of statistics which provide an overlay onto the table of those statistics, in real time, called Heads Up Displays (HUD's).  By utilizing those tools and applying a  strict mathematical knowledge, it is not difficult to become a player with a positive ROI.

     Now, I am not saying that it is super easy, and I'm not saying that anybody can do it.  It is like any other profession where education and experience facilitate sharper learning curves.  Proper bankroll management, cogent mathematical ability, comprehensive understanding of available software, and a consistent evaluation of one's own "leaks" are all basics to becoming a winning player.  Like with any other job, use those skills, start at the bottom, gain some experience, and you will be on your way to gaining a positive rate of return on your bitcoin investments.  There are several good rooms that are excepting bitcoin which are also compatible with the above mentioned software.

  
legendary
Activity: 924
Merit: 1002
November 23, 2015, 05:10:12 PM
#50
I am not Gambling BTC for living. This is not for me, I am afraid to lost a big. I am Gambling for fun and try to live and be happy.
sr. member
Activity: 392
Merit: 251
November 23, 2015, 03:32:04 PM
#49
TBH, you really can't unless you cheat. Sure, you can profit if you are good at poker, but there are some counter-measures people take so you can't read them. You can always lose, and trust me, you don't want to. Gambling is entertainment, not a job. If you do it as a job, you're insane. One day, you'll lose all you have and maybe since you're already so addicted, you'll do something crazy like take a loan to gamble. I only gamble using faucets these days, I once lost a thousand dollars of items on a jackpot site....
hero member
Activity: 770
Merit: 500
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November 23, 2015, 02:46:06 PM
#48
im not gambling to make a living as i have a decent paid job and i dont need to take such options to make money though i have some friends who try to do that and till now they are doing unsuccessfully as they dont have enough money for a living
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