Topic: Anyone here who retired with Gambling winnings ? - page 5. (Read 1348 times)

At some point we have all retired with profits, whether small or not, but it is profit, what happens is that for many of us, whenever we win we leave that in our account, and so little by little we do not have an idea that We can increase it, if we don't withdraw it, we have to do, that is lost, the best thing is to withdraw it, although there are times when I have withdrawn, but it is not much, the most I have withdrawn for profits has been 180usd in bitcoin, which I have given in pure gambling and that having spent a week playing hard and making small bets and having a vision of different sports, this includes sports like soccer and sometimes when I start playing dice, I know that some of them bet more, they have more profits, but for me it is very significant because I raised that balance from 7usd in bitcoin that I had in the casino and it was very nice when I was able to withdraw it, but things can be different for years to come.

I have seen the experiences of others and they turn out to be very different, some have been very good, I have also witnessed how one time on stake.com they raised more than 2 million dollars, a figure quite strong to be true, but it was like that, In fact, that was a trend, and of course it was in slots, but it was a big win, something I have never seen before seeing so much money in a gambling establishment and more than a casino disbursing as if nothing had happened, that is something that It fills me with great pride to work for such a solid company that brings so much joy and enjoyment to many. In this order of ideas it can be said that casinos do make it possible to win, that myth that some people say that a casino cannot let people win, it's a lie, in every casino you can do that, it's just that some don't withdraw it, and that's why it's nice to withdraw, comply with the KYC requirement and then make the withdrawal, that's all we do we have to do.

Just let them be on the things that they would really be doing on which they would really be making out those realizations on the time that they would really be experiencing some issues or problems
but on the time that they are still doing well and they do still have the money that they could be able to play then it wont really be something that much of an issue if they would really be having those kind of approach. It is really just that there are people who are really that skeptical on making out such move specially on spending up too much time with gambling.
Retiring would really be that basically be pertaining on hitting up those jackpots on on which it would really be just that normal that people would really be
focusing into that until they would really be able to hit it up.

This is you indirectly saying you are not leaving gambling anytime soon or maybe you are gambling for some very long time more again because winning a $100k isn't something you will be getting just in a day or by a single bet, I doubt if there's any casino who allows you win up a $100k on a single bet slip except you are going to play multiple bet slips to get to such amount.

Addiction too can also make you not to stop even after winning such amount a d it's almost impossible you win UpTo such amount without getting addicted at some point in your gambling habit. Such huge amount of money will means that you would have exhibited some level of consistency gambling with a good track record of consistent wins in a row over a period of time as it's almost not possible any casinos gives such amount of win on sports betting but I think it may be possible with another games on which you can gamble.

If there is an award of the year that goes to the most discussed thread on gambling section, then I will say this similar question is a standing ovation because this question get repeated atleast twice in a month. I have seen this topic before and it might likely appear again. Is there reason to why or it's a common thinking that people want to retire with gambling money, this is ridiculous to be honest.

If you don't win jackpot that worth millions of dollars, how do you even retire from gambling and it's not like it's a constant flow of money from gambling, it's not a fixed money you can put mind on. If you want another thing for retirement, go and make investment or maybe start building a company today and be selling a product, if you don't have the power or zeal to continue again, then you can quit the business and sell it for a big amount so you can retire and enjoy the money for the rest of the days you have remaining on earth.

I don't think it's even ideal to ask this kind of question, how do you even retire from casino games or should I say sport games? Maybe when you win something reasonable, start a business and then use that for retirement.

Unfortunately I think it's never enough for most people. If you are able to make money, or you think you're able to do it at least, why would you stop? You will always find people richer than you, you will always want things you can't afford. So I think most successful gamblers never stop until they make a mistake, be scammed/stolen or get an endless unlucky bad streak.

I haven't retired from gambling winning and I don't think there's any amount that can make me retire from gambling as I don't only gamble because I want to make some extra money for myself but as I enjoy gambling as it gives me entertainment. There are some individual who have won big amounts of money from gambling and aren't gambling anymore or aren't doing any other job as they have made enough money to not go broke again in their life but that'll be when they'll use the money won wisely.

But $1,000,000 is enough for me to win and I consider quitting gambling, if I win that amount, I'll invest half in Bitcoin and some altcoins that have good fundamentals and I use the rest to start a car wash business that I'll be using to get constant incomes. I won't retire from my job but I'll retire from gambling so I don't get tempted to use the money that I won to gamble as many gamblers that have won big has wasted their money.

Yes we do need a decent amount of money to retire and live peacefully but it doesn't necessarily have to be received from gambling income.
Besides that, gambling is just a mode of entertainment and we might win any amount of money.
It doesn't mean we have to keep gambling until we receive the desired amount for retirement because that would be foolishness.

Seems like theres no designated amount when they can retire in gambling and it depends on the outcome, if you have good wins and would like to make a last shot at playing it is good enough with your total number of goals it up to you but if you are a player who losses a lot of money, affect people around you and gives a lot of negative impact in playing gambling i guess that's the time to make retired or make a reset to your self, i know gambling how entertain but again its not a source of income that will give a good return as always. Gambling responsibly.

You can retire in gambling if you take it as a job, but it's not, therefore there's no age limit to quit, it's an activity to have fun. To retire in gambling should be a personal decision, it shouldn't really be when a gambler wins big or loses all his entire savings on bets, but it should be when the person is no longer deriving joy from gambling or for health reasons. A gambler can hit the jackpot and win a huge amount of money and still gamble responsibly, what matters is how the gambler utilizes the win, if he invested it or bought something reasonable with it, or if he was wasteful with the win. So winning big and retiring is a personal choice.

That's true, in my opinion having a dream or target is not wrong, because in general gamblers do want to win, but with the target they have, another aspect that must be paid attention to is how much money is spent or used up to be able to get the win or target they have. and like that, in my opinion, a lot of money will be spent or spent to be able to get the win that is the target, and the win that is obtained will not necessarily be able to cover all the money that has been lost.

and after getting a win that matches the initial target, I think you are right, most likely we won't be able to stop, because when we get that win, someone will think that maybe getting the win again could be easy, so they get addicted and end up continuing their gambling. it's back. I think this is normal, and not a strange thing anymore, because in my opinion gambling is when you lose you become curious and when you win you become addicted, and if you think about it, someone who doesn't have a good mindset will probably keep doing this until they don't. there's an end.

I think many people also dream of getting $100k or even more from gambling and decide to stop gambling as soon as possible. But we know that it is difficult, and not many people can get it because, in gambling, many things become obstacles for most gamblers to get their big wins. We have to be aware of this so that we don't need to be too eager to try to win the gambling game. It's better just to realize that playing gambling doesn't require using too much money and only gambling enough so that we won't lose much. Who knows, by using methods like that, we could get a big win because we managed to get lucky. And we should avoid gambling too often because it can make us addicted to gambling.

There are some countries where $100k usually won't be enough to retire from gambling because the necessities of life are very expensive, but in my country in Asia of course that amount of money can make me retire from gambling and switch to business, I'm not a gambler who wants to chase winnings either money even though I know I'm not a hypocrite with that, but I prefer to enjoy the gambling games I play because that's more important than winning.

I don't know how much money people want to be able to retire from gambling, but usually when they have been gambling for a long time it won't be easy to just stop even though they are old, sometimes I wouldn't be surprised if there are elderly gamblers who still gamble to this day. therefore it is not easy to retire from gambling, it has to come back to the intention to stop gambling because something more important is not the intention to stop gambling just because you win big, that is much more difficult

In most cases, those who win big then announce that they are retiring from gambling, in fact it doesn't last long, they end up going back to gambling when their money runs out, retirement must come from a sincere heart because of something, for example a medical problem, not because of a big win.

I think it's very unlikely for someone to retire from gambling if they have basically just managed to get a big win, only a few people can do this and mostly as we know that more people end up with addiction. Honestly I never thought you would be able to decide to quit gambling forever when you get a big win, and for sure what happens is that you will become even more excessive or mean more aggressive in gambling because you want to get that kind of win again, logically who doesn't need money? and when they manage to get a win like that usually their hopes and beliefs will be greater towards winning.

On the other hand, in my opinion there is absolutely no time to retire from gambling, this is just a normal activity to fill leisure time but the difference is that it involves risk, you are free to choose whenever you want to stop if this activity is disturbing your finances or if you really don't want to lose money.

It is these kinds of thoughts make people poor and miserable. One can simply not get retired from gambling. (Unless you are the house) Why don’t you think about getting retired from the financial markets? Bonds, stocks, even crypto. These are the assets you should be buying if you don’t want to work till you die.

You also wanted a number from us. That number changes for everyone. Where do you live? What’s your monthly expenses? Do you have any sickness? How is the social security system in your country? Do the state pay for your medical bills?

Overall a million USD can produce ~$50k passive income annually and safely. If $4k/month is enough for you to retire, that’s the number you should aim for.

There is little point in trying to reach that $100,000 by playing casino games. You're not going to get there and you're going to leave a lot of money behind, especially if you're betting low amounts. If you're a big whale, it's easier to get there, but you're starting with a good starting capital and that $100,000 isn't going to change your life.

For those for whom the question of retirement would make sense is for professional sports bettors or poker players, who tend to make money consistently. But even then I don't see much point, because it's an activity you enjoy and can do comfortably from home. Doyle Brunson died last year at the age of 89 and had announced at the age of 84 that he was retiring from tournaments, but I think he continued to play other forms of poker.

You could get that win, but the issue is if you can get it before you spend more than 100k on your efforts to get that amount, since it is often the case that the gamblers you see in social media bragging about their amazing wins, have yet to see a single dollar in profits as they are long term losers just like us.

So if you are not prepared to risk that much money in an endeavor in which the odds are against you, then it is better for you to accept that your dream is impossible to achieve and you should forget about it.

Hahaha, that good dream, but how many bets do you need to win up to $100k and of course winning that much will change your life to be able to build business or other things like investing.
With wins of that size, of course we can guarantee much more consistent income and maybe we can leave gambling at the same time because we are busy and maybe we have various activities in building business or investing.
But I sure you won't really stop gambling forever because when you feel bored or too bored with business or investing activities, you can definitely return to gambling and you will really do that.
Look at the many gamblers who can't really stop and leave gambling and most gamblers can always come to the gambling site at whatever time it is certain and will happen.

I also have the desire to win very big and be able to use these wins to develop my business and increase investment assets in the long term.
But I can't think whether I can really stop when I have developed my business and have large investment.

I would dream of stopping gambling when I get $100k, and I don't think that's possible because I won't be mentally ready to accept a win that big, and we know that getting a big win requires quite a lot of capital too, we not knowing the situation when we have reached the target, it turns out we are addicted to playing, we'll see...

We are still too far from retiring as gamblers who won big wins because we are just small gamblers who cannot gamble all the time. We realize that gambling depends on luck, so it is still difficult for us to win gambling games. And yes, there is a feeling of curiosity that will follow us when we always experience continuous losses, and that is what makes us continue to choose to gamble because we think that one day we will be able to get a big win from gambling and can decide to retire from gambling. But after we get that big win, we don't immediately decide to stop gambling because we still want to win where our greed is too big to control.

You don't put your hope in gambling and expect to retire with it because it is not a business or job that you can be expecting retirement from. Gambling winning is not steady, you win and you lose, so how can you plan retirement with that?

Gamble as you want and not to rely on it heavily for a big win that you will use for retirement. However you can be lucky with a big win from time to time but most gamblers will keep gambling for more despite their winning because their is something with gambling, the more you plan to stop the more you find yourself on it except you build self control.