I don't think it's a smart way, first of all you will can't mine because big miners, seconds you will earn $5 in a month with faucets and you will hit big with it? and btw if you go gamble, for sure you will lose all your money in a long term.
If you are going to play 4 fun, you can check the Gamble section in Marketplace here on forum.
$5 a month? Yeah dawg, maybe if you were claiming 24 hours a day with 9 different computers. It's most likely gonna be much less than that. Better to eat with food stamps. Your right about the mining tho, there aren't any opportunities anymore for the little fellow to earn money that way, and we all know damn sure cloud mining is all Ponzi schemes.
If your thinking about gambling, jist take a look around the gambling forum here and you may change yo mind. They strung out like crackheads in this piece. And whatever you do, don't lend out bitcoin here. You won't get it back.