Topic: Anyone here who retired with Gambling winnings ? - page 3. (Read 1326 times)

I think that there is absolutely no idea of retirement in gambling because it is nothing more than a normal game that is useful for leisure time when you feel bored with the aim of seeking entertainment or pleasure and one thing that gambling is not a job, so I think there is absolutely no idea of retirement in gambling, and no matter if you win or lose it still cannot be used as a reference for retirement, but yes obviously in common sense there is nothing better than quitting regardless of whether you hit a big jackpot or not.

On the other hand chasing big wins in gambling is always a bad idea, because after all gambling is always a game that cannot be predicted or the results at the end of the session are always unknown, or that means there is absolutely no guarantee of winning at the end of the session, so I think it is very unlikely for anyone to succeed in winning big to be used as a retirement fund and quit gambling, because it is reasonable to say that even if you manage to win big, the amount you lose can also be quite large, so it's like giving back all the money you have lost before. And another thing is that there is no retirement age in gambling, simply put if you have money and want to gamble then you can gamble as long as you gamble the right way regardless of your age.

There is, just compute the cost and how's your lifestyle and cost of living in your country.

This is like winning the lottery.

You hit big, win big and go home big. I don't know if in my circle someone has got to retire with his gambling winnings. But IMO, there's none of them.

Thos that have managed to retire with gambling winnings, they're likely to go back because retirement for them is going to be boring or they're actually retired people so they gamble as a recreational activity and to have fun.

Maybe he's seeking some motivation so that he would continue to gamble for thinking that he can get a early retirement funds by continuous participating on any gambling activities. But unfortunately this is hard to achieve if he's a solo gambler only.

But there maybe an instances that a lucky gambler could able to do that if they hit a multi million dollar jackpot on lottery. But this is rare case scenario so if they think about they can achieve that maybe they think twice since doing a bad decision in life may cause some big troubles in their life and that might give them a big problems.

Much better if they enjoy gambling and never think about possible way that they can retire early.

I have no idea what you're saying; all I know is that there are some who have won jackpots in gambling who have made the right decision to stop gambling because what they won was allocated to businesses that can produce profit for them.

But there are some stories of people who won millions of dollars in gambling, but in the end, because they did not get addicted to gambling, they also ended up losing the millions they won in the world of casino gambling.

that's what's often on my mind. When I decide not to bet in one week, I sometimes feel that way.
and what's more, sometimes gamblers who win big will only take a break from their gambling activities to enjoy the winnings. and after everything passes, they will return to the game and decide to get back the luck they once had.
gamblers will never count how much they have spent. What is clear is that when you win, it is fun and time to party.

Inasmuch as no amount of money is ever always enough for our respective personal needs,  but when it comes to me, I can boldly say that winning a jackpot worth $1million should go a long way for a successful gambling retirement. Because by virtue of what $1million can afford in this present economy, I'm sure any responsible gambler should be able to afford to good lifestyle, secure both physical and digital investment and establish a recurrent revenue source capable of generating good returns weekly or monthly without ever relying on gambling profits ever again.

is gambling supposed to be a job? From what I ven know about statistics of the age range of people that are mostly involved in gambling, it's mostly elderly people that are at the age of retirement that mostly get involved in gambling and so I don't think it's right to be talking about retiring from Gambling as though it's an occupation. What's the other part of this question is " how much would you win that's big enough to make you consider retiring from active gambling? The answer is that you don't just decide that you're going to stop gambling and it just happens that you will be able to stop it. As long as you've started already and you've won a big amount  that's makes it look at though working away totally is the best option, it's never going to be easy as it's most likely that the urge to gsmbke with a part of the money will resurface again.

It's even best not to wait until you hit it too big before talking about retirement. The best thing to do is to set out the right gambling schedule and ensure that you're following it up to the latter such than even though you've won a whooping sum of Money or not, you already know that your gambling habit is in check.

Gambling is a game of win or loss, people don't easily retire on gambling because of the spirit of gambling. But there are people that gambling is not there thing, I mean there Grace is not on gamble yet they don't retire. Talking about how much someone will win and then stop gambling, to me I don't think there's any specific amount but if one is able to win big and set up big business or something that will generating money I don't see any reason why the person should still continue gambling again.

Just like I said earlier gambling has a spirit, that point in time you said you want to stop gambling that is time you will be having this feeling that if I play now I win.

Maybe we can only retire if we win a lottery as that sure is already enough to live our life with sufficient money. However, if we are just gambling for fun, retiring means killing the fun, so there's no sense of retiring if we have no gambling problem like being addicted to it. If I win a lottery, I can still gamble and just manage most of my funds into investing in business, that way I have an entertainment and business at the same time.

It's true that everyone has a different view when it comes to gambling, that's why everyone has a time when they should retire from gambling and stop abandoning their habit of gambling, sometimes they don't see the value and don't know when to end gambling, sometimes people who win big just haven't Of course they have the desire to stop gambling, in fact they will actually gamble more often actively with the money they win, so it all depends on their own mindset and everyone has a different perspective.

Not all big wins can change a gambler's habits, therefore retirement needs to come from the intention in the heart that it cannot be used as a benchmark for the value of a big win. If you don't feel confident about gambling anymore, people will definitely stop gambling at any time without having to win. big money, everyone has a stage where they may have to stop their habit of gambling because people will not always continue to gamble all the time, of course there is a desire to change for the better so that they don't become a gambler forever, let alone gambling until they are old, it's also impossible, stop and retire from playing gambling because winning big money not everyone can do it.

Obviously there is no amount sufficient enough to retire. And it is difficult to retire with gambling wining because almost everybody that gamble usually lose, so the chances of wining is slim, talk more of retirering In gambling wining. Although there may be some folks who may have retired through gambling wining but I believe they are few which I am not even part of them. I hardly win in bet talk more of retirering through it.

I wonder why the OP would even have such mentality, gambling shouldn't be taken as a job opportunity it's a game of luck therefore there's no retirement plan for it; yes people make huge profits from it but you don’t go into it with a mindset of making lots of money, sometimes those who win big never even expected it, they just try their luck and it favoured them but others could do it an they don't win big.

 That's why the best way to see gambling is as a form of entertainment not as a job opportunity or safe heaven to make wealth most individuals that sees gambling as a means of acquiring wealth are the ones who end up getting addicted to it. Those are the type that also see it as a form of money doubling and would invest half their savings to make more profit and finally lose everything.

Yes, I have experienced a lot of people who have won so much and not that they have not lost games seven games and they just finally had their faith strong and whenever they play, they keep on winning I’m winning sometimes they lose to Body also win, win or loss so it’s just a simple thing it’s just a matter of patience and you will be among the people that have been winning for a period of time when you don’t prepare very well you record a lot of loss

Op your question is actually funny, Gambling is not a full-time job and there is no certainty on the amount of money that you will retire with as a gambler, the truth is that there are variations when it comes to gambling people can win big and decide to retire from gambling and people can also win big and decide not to stop from gambling. but the fact in all of this is that there is no specific amount that someone can retire with as a gambler. we can only project a potential retirement benefit in full time jobs and not in gambling because there are virtually so many risks to consider in gambling because there is no certainty when it comes to gambling. lastly i have never seen anyone who has retired with a gambling winning and i pray to see one someday, i think with these few contributions and so many other contributions that other forum members will make, you will be cleared of your nebulousness that no one has ever retired with gambling winning unless the person chose to stop gambling in life.

Getting a jackpot from a gambling game by making a lot of money can give gamblers the opportunity to retire from gambling. However, not many people will be able to get the jackpot because getting it is very difficult, and you may have to use a lot of money. But these people will still try because they still hope to win from gambling even though they don't know when they will win. It won't be worth doing, especially if we use a lot of money to get the jackpot. If we can get the jackpot, immediately think about retiring from gambling and, enjoying the winning money and using it for things that are more useful than choosing to continue gambling. Even though many people will return to gambling, we don't need to follow suit because we have to be responsible with the money we have and don't need to spend a lot of money gambling.

I'm not one of those who are fortunate to earn a decent amount to finally retire being a gambler. Though this is not really my main desire on why I am playing but of course who don't want to win huge, right? IMO, this is subjective. Because we have our own way of thinking so if one is already contented, regardless of the amount then that's the time to retire.

Anyway, there are gamblers who already win a fortune that can change their lives for the better yet decided to keep on playing. Thus, it's not about the amount, it's about your will to already stop even your winnings are not sufficient to say it can change your life.

The only time that you would considering on retiring is into these possible situations or conditions.

1. Hitting up Jackpot on slots
2. Hitting lottery Jackpot

We do know that the amounts involved isnt something that would be small on which it would really be that a life changing thing, but the main question here is that, would you be abel to
stop on the time that you do win up those big amounts? Are you sure that you would really be that able not to spend those winnings back into the casino?
Some might be able to completely stop and settle for good and having those investments and business but majority would really be that
playing again back into the casino and hoping that they could really be able to win up more.

I guess some people can retire from gambling after they win a lot of money. He no longer thought about gambling because with the money he had earned, he could live in peace and never lack money again. He just needs to organize his life to have other sources of income to make more money. It is true that gambling is not a job where we work every day to get a salary, but gambling is very different because in gambling, we will not always be able to win, and we may even lose more. Actually, those who want to retire from gambling do not need to wait until they can get a big win because that will require more money to bet. But if they really want to retire, they just leave the site or casino and never return. But we know that only a few people can do it while others will continue to return to gambling because they still want to get pleasure from gambling or even still want to win, which is not easy to get.

It depends on several factors, like where you live, what kind of life you want for yourself and your family in the future, and price hikes, inflation, and other important factors of the future because things won't have the same value forever and we all know that as we enter the future, our money will not have the same value anymore if they are stored in fiat currencies since they lose value if not value, they probably will lose purchasing power over time.

So, for some, $1M might be a lot, more than enough, to live a simple and good life, but for some, it might not be enough, especially if one wants to live a luxurious life with all the amenities and everything because you can't have everything in your life with just $1M, no matter where in the world you live.

On the other hand I quite agree with you that calmness can make us feel more exciting in every game we play, but if you mean that peace of mind can make you produce a much bigger win then I would honestly say that "it's not true", this is gambling where your money is at stake and in the end there are two answers at the end of the session between winning or losing, you will get one of the two results, meaning that you may win or vice versa.

Your advice is good regarding composure but I would say that it is more of a precautionary measure because by being calm your emotions can be minimized or you can avoid making some mistakes that you don't need to make, which means that composure really can't make you "very lucky" by getting a bigger winnings. However, I will say that you will get a big win if you are really lucky, nothing more than that.