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Topic: Can Gambling earn someone a living (Read 936 times)

hero member
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Leading Crypto Sports Betting & Casino Platform
March 08, 2023, 11:14:41 AM
That is true- playing gambling as a way of earning is something that is almost impossible to do without any huge capital on your end. Not only do you have to consistently replenish your funds, but you also have to risk all the odds against you. That is why, it is truly impossible to make gambling as a way of living and earning.
I appreciate your speech, no matter how large a gambler makes his bank roll, there is no guarantee that he will win. Moreover, there is no guarantee that he will make money from comparatively small odds. Consequence of this, it is difficult to regularly pay the amount of money that a gambler has to spend to make living. Once a gambler loses a large amount, he cannot recover that money easily. ‍Due to some others facts it is not possible to make a living with gambling money.
sr. member
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March 08, 2023, 10:55:22 AM
So my question now is that can someone use gambling as a means of earning living?

That's every gambler's dream and goal but a dream that is hard to accomplish on a platform where so much relies on luck, even if you are good at analysis it cannot help you to reach your goal of making a living in gambling.
If you're a player you cannot, if you're a developer or owner or employee that's the only time that you can make a living from the gambling industry, your loss is somebody's gain, players are the only sector in gambling that cannot sustain making a living out of it, even if they are the one sustaining the industry.
 

This is right.

It's almost every gamblers dream, those who want to make use of their hobby as income generating definitely thought of this. However, it will be hard on someone's end if he knew it to himself that he isn't that good with gambling. Of course, one must be good enough, possessing the right qualities, skills, and knowledge to be able to profit in any field. In this case, extra effort and relying to luck is what's left for the player. Since gambling has its risk, much riskier compared to other source of income due to its nature, it will be hard to have consistent amount of payout.

There will be good and bad days. If you will decide to pursue it as your way to survive, then be ready for all the possible consequences. After all, it does not only offer benefits but disadvantages as well.
hero member
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March 08, 2023, 06:54:46 AM
So my question now is that can someone use gambling as a means of earning living?

That's every gambler's dream and goal but a dream that is hard to accomplish on a platform where so much relies on luck, even if you are good at analysis it cannot help you to reach your goal of making a living in gambling.
If you're a player you cannot, if you're a developer or owner or employee that's the only time that you can make a living from the gambling industry, your loss is somebody's gain, players are the only sector in gambling that cannot sustain making a living out of it, even if they are the one sustaining the industry.
 
copper member
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March 08, 2023, 06:34:36 AM
Gambling isn’t sure money. Rather I would say that gambling is risky. Here you take risks and have high chances that you might lose the money. Someone cannot completely rely on gambling, if he/she has a family to take care of. I would rather say do some small job, according to your skill and use that money to complete daily and day to day needs/works. If you just completely gamble all your salary, then for the whole month you have to ask for loans in order to make your family survive. So the direct answer to the OP’s question is “NO”.
hero member
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Leading Crypto Sports Betting & Casino Platform
March 08, 2023, 06:22:07 AM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.
Yes, it's true, gambling can never be someone's source of income.
If anybody says it is, that person is a big fibber, the only thing somebody can say is some time on gambling we all have a lucky day, week, or month when we didn't lose much like other days.
Even a gamble addict has one way or other ways of getting the money he used in gambling and anyone who depends on gambling doesn't know what he/she is doing, no matter how sure the bet is never depend on a game because it might give you heart attack 👊.
Hopefully, those people won't try it especially after they find out that many have failed and failed miserably. Maybe one or two people manage to make a living from gambling but it is very difficult to continue forever because we have to change and look for other sources of income that are not spending our money to earn money. And if he is a gambling addict, it will only give him more and more problems because all he has in mind is gambling and he can even forget that his goal is to make a living from gambling. The risk he will receive will be greater, especially losing money from gambling and before he can get money from gambling, he will instead lose money first.
legendary
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Leading Crypto Sports Betting & Casino Platform
March 08, 2023, 04:05:11 AM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.
There couple people that their source of income at first was gambling but it was just lucky and put up businesses as they know that gambling is not sustainable . For sure you've seen any documentary about professional gamblers earning huge and winning huge. They are really earning from gambling but again for sure it is not sustainable that is why they invested into businesses to continue their wealth and gamble. Gambling is just bonus in our life if we win but we still need to have stable income like work so that we have money to use to bet and if got lucky and won then it is bonus money to us.

Yes, that is the truth. One thing is to consider where a gambler gets his money when he starts gambling, he must have some source of income. Here one can say that money can be borrowed. That's right too. However, if you gamble once with borrowed money and lose, you will not be able to borrow again the second or third time. How someone will manage gambling at the moment? Here I mean that a gambler must make a living from other sources and is motivated to earn extra money from gambling. No one consider living depending on it. A reliable income is definitely needed to manage life.

Other source of income to make sure that you have enough money to fund your gambling, I see the possibilities that once you lose your money, then you needed to produce another bankroll, and that's the problem if you don't have any backup money, making a living inside gambling is twice the risk when you are just playing with other source of money.

You can work with good discipline, but without a stable source of bankroll, the chance of keep busting your money is possible, differently from how you intend to use it as a source of your finances.
sr. member
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March 08, 2023, 01:52:19 AM
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a gambler knows that their is high risk in every stake but their believes so much in good future that good must always come by that no matter the amount a gambler loses believes his coming will earn that triple times .So my question now is that can someone use gambling as a means of earning living?

from my personal experience, if one thinks one can rely on gambling money from slots or other luck-based gambling games to live then that is impossible but for sports betting or other skill gambling games such as card games then it is still very possible.
my uncle is a pretty great chess player, he gets money every day from bets between fellow chess players that he follows in a shop in our city, besides that he also gets money from solving various problems related to chess.
Besides that, I never heard of a poker player who got rich from playing poker, so I think about skill-based betting, it's really recommended.

full member
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March 08, 2023, 01:35:29 AM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.
Yes, it's true, gambling can never be someone's source of income.
If anybody says it is, that person is a big fibber, the only thing somebody can say is some time on gambling we all have a lucky day, week, or month when we didn't lose much like other days.
Even a gamble addict has one way or other ways of getting the money he used in gambling and anyone who depends on gambling doesn't know what he/she is doing, no matter how sure the bet is never depend on a game because it might give you heart attack 👊.
hero member
Activity: 1666
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Leading Crypto Sports Betting & Casino Platform
March 08, 2023, 01:01:30 AM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.
There couple people that their source of income at first was gambling but it was just lucky and put up businesses as they know that gambling is not sustainable . For sure you've seen any documentary about professional gamblers earning huge and winning huge. They are really earning from gambling but again for sure it is not sustainable that is why they invested into businesses to continue their wealth and gamble. Gambling is just bonus in our life if we win but we still need to have stable income like work so that we have money to use to bet and if got lucky and won then it is bonus money to us.

Yes, that is the truth. One thing is to consider where a gambler gets his money when he starts gambling, he must have some source of income. Here one can say that money can be borrowed. That's right too. However, if you gamble once with borrowed money and lose, you will not be able to borrow again the second or third time. How someone will manage gambling at the moment? Here I mean that a gambler must make a living from other sources and is motivated to earn extra money from gambling. No one consider living depending on it. A reliable income is definitely needed to manage life.
hero member
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Vave.com - Crypto Casino
March 07, 2023, 11:17:52 PM

..The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.

I don't think they can also make a living in gambling they may have a monthly pension but they cannot make a living out of gambling, there is a big difference between having a source of funds monthly and having a skill, if you have a monthly pension and you are not good in gambling you are just feeding the casino and you they are making a living out of you, I already posted gambling operators and the government are the ones who makes a living and revenue from gambling and we are the one feeding them.
You are supposed to enjoy gambling because it's an entertainment portal, after all, there's no other way to treat it.
Before deciding to make a living from gambling, someone should think about what it takes before starting to gamble because gambling will just take all of his money.
Even though he has a source of funds that can provide him with income, it is still not a good decision to make a living through gambling.
People play gambling for fun and think that they can win some money and yes, it can happen but not very often because there is something else which is luck, that we have to think about.
So we shouldn't try to make a living from gambling because many have tried but failed and instead got into trouble from gambling.
hero member
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Leading Crypto Sports Betting & Casino Platform
March 07, 2023, 04:44:23 PM

..The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.

I don't think they can also make a living in gambling they may have a monthly pension but they cannot make a living out of gambling, there is a big difference between having a source of funds monthly and having a skill, if you have a monthly pension and you are not good in gambling you are just feeding the casino and you they are making a living out of you, I already posted gambling operators and the government are the ones who makes a living and revenue from gambling and we are the one feeding them.
You are supposed to enjoy gambling because it's an entertainment portal, after all, there's no other way to treat it.
sr. member
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March 07, 2023, 04:17:08 PM
If other people or the gambler thinks that gambling can be a source of income, it can happen if he always brings luck. The problem is that it is not realistic, because it is not every day that we can get an income from it.

Because most gamblers who enter crypto gambling are losers in gambling. And there are only a few winners here every day. Of course, would the house edge be willing to be beaten every day by most gamblers? The answer to this is no of course Smiley
For those who do have those kind of beliefs and mindset initially then sooner or later they would really be able to realize on whats the real deal specially if the reality would slapped up into their faces which it isnt something that attainable or achievable if you do decide on making gambling as a source of living.Yes, there might be some gamblers who do able to reach out that kind of state but only to those who are really that getting involved on strategic based type of gambling games like poker and sports betting but we know that achieving this kind of condition wont really be something that could be easily copied by someone.
This would takes years of experience and you wont really be that dumb on not to see whether you are on a profitable side or not.
hero member
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March 07, 2023, 04:13:48 PM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.


Good point, or they are the owner of the house and they can produce more money out from those patrons who use the platform, but in terms of gambling as a source for those gamer, it's tough and most of the time those who are aiming to do it are getting the opposite outcome, maybe some and limited only to those who already gained the experience and master the proper approach on how to control and balance both losses and winnings.

Someone who is knowledgeable enough to control and set proper executions of each strategy or approach to be make a higher chance of winnings.

Some people made a lot of money from poker over a long period of time, but that is a long time ago when there were actually lots of newbies and no calculators and bots helping the players to make the right choice. Those who know what they are talking about usually say that it is hardly possible anymore unless luck is with you in the end. There have been a couple of players who were just better than the rest, but even those names seemed to have disappeared from most of the final tables of relevant tournaments around the world.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
March 07, 2023, 01:46:16 PM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.


Good point, or they are the owner of the house and they can produce more money out from those patrons who use the platform, but in terms of gambling as a source for those gamer, it's tough and most of the time those who are aiming to do it are getting the opposite outcome, maybe some and limited only to those who already gained the experience and master the proper approach on how to control and balance both losses and winnings.

Someone who is knowledgeable enough to control and set proper executions of each strategy or approach to be make a higher chance of winnings.
hero member
Activity: 2268
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March 07, 2023, 12:49:16 PM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.

I definitely agree with you. The problem with gambling stems from its destructive and risky nature where no guaranteed income can be experienced. Sure, there may be some professional gamblers who make this as a living but compared to them, they are like the top 0.1% gambling players that can do that.

On days when someone will not have money to eat, how can they even think of gambling, where will they get the money to gamble. Gambling can give you a big amount to set up your life, but you must be doing something that gives you money to gamble and upon that money that you receive, you must not use or squander all gambling. You need to have something doing, so that on the days when you do not win at gambling, you will at least have food to eat. Somebody who has not seen food to eat can consider illegal thoughts.

That is true- playing gambling as a way of earning is something that is almost impossible to do without any huge capital on your end. Not only do you have to consistently replenish your funds, but you also have to risk all the odds against you. That is why, it is truly impossible to make gambling as a way of living and earning.

hero member
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March 07, 2023, 12:33:31 PM
I think its possible but it's also very unstable way of making a living. Obviously if you are already rich guy and gambling for money, losses wouldn't hurt you at all. Meanwhile if you win a lot you can make your bills free in a way. But for a person working full time? I would say nah. Working people need to generate money every month (or week) to stay alive. That kind of person can't focus on regular aspects of gambling.
Rich guys are still humans (not robots). They have emotions too and they feel hurt when losing just like us poor people. Do you think they only gamble with smaller amounts? No they aren't, but they gamble big because they can afford it and this is the only way for them to feel a thrill.

It doesn't matter if you are rich or poor but everyone has a chance to win in gambling. Rich people doesn't slack off just because they are rich already but they are usually the ones who grind harder and that is the reason why they became rich. Gambling must only be done in moderations because it can cause a lot of troubles if we are doing it in a regular basis.
hero member
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March 07, 2023, 12:21:37 PM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.

There couple people that their source of income at first was gambling but it was just lucky and put up businesses as they know that gambling is not sustainable . For sure you've seen any documentary about professional gamblers earning huge and winning huge. They are really earning from gambling but again for sure it is not sustainable that is why they invested into businesses to continue their wealth and gamble. Gambling is just bonus in our life if we win but we still need to have stable income like work so that we have money to use to bet and if got lucky and won then it is bonus money to us.
hero member
Activity: 1666
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March 07, 2023, 12:20:58 PM
If other people or the gambler thinks that gambling can be a source of income, it can happen if he always brings luck. The problem is that it is not realistic, because it is not every day that we can get an income from it.

Because most gamblers who enter crypto gambling are losers in gambling. And there are only a few winners here every day. Of course, would the house edge be willing to be beaten every day by most gamblers? The answer to this is no of course Smiley
hero member
Activity: 2128
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Leading Crypto Sports Betting & Casino Platform
March 07, 2023, 12:20:40 PM
There may be but they are few and far between, and most of them have some other source of income apart from gambling.
even if anything, they need to ensure that they play in a responsible way that doesn't negatively affect their life or finances. And they also often experience defeat and of course they will stop when they get a win, and don't continue the game because they know it's just a trap in the end they lose everything. And few do this because they gamble responsibly and stop at the right time and also play disciplined and emotionless.
It is natural that those who conduct responsible gambling can earn good money from gambling. But certainly its number is very less. Because managing responsible gambling is a very difficult task. But it is also true that a gambler is not only one who gambles he may have other sources of income. But I have never seen any person who earns his living only by gambling. But I'm sure if you listen to two or one gambling instead of gambling all the time there is a better chance of getting something good.
jr. member
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March 07, 2023, 12:15:26 PM
No matter what anyone say, gambling can never be a source of livelihood for anyone. Anyone who gambles must already have an alternative source of income where he get the money he or she uses to wager on any game.
The only sets of persons who may decide to pick up gambling to "earn a living" are Trust fund babies who are living off the wealth of their parents. Because this is absolutely unsustainable. Anyone who claims they are doing it must be lying.

Yeah they used their money to gamble and wins will call it as an earn for living, but we all know that that's not enough to support you lifetime. It's either you have a job to support your gamble habits or rich enough to say "I don't have a job all I do is gambling". 

You can't risk yourself in gambling because there's no guarantee you'll win that's why we call it "gamble" it's like do or die. If only you are professional gambler and already have wealth to bet I guess you can call it as a way of living
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