Can Gambling earn someone a living - page 4.

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Quote from: coin-investor on March 06, 2023, 05:41:45 PM

Quote from: Oti147 on March 05, 2023, 10:23:45 AM

On before now gambling was seen as a dirty habit and was painted black in the society because way back the society believes any gambler have so many bad habits too like doing drugs which most gamblers was mafias not just mafias but rich people .

That was then, but now it has become a cash cow for the government and the entertainment portal of the rich and famous, we can say that gambling now is elevated because of the money generated for the government, and some of its patrons are the rich and famous

Even now the scenario is different, there is not much of positive things about gambling. People always see it something a crime because of few incidents that have happened around the locality. Even now almost everyone wants to have their gambling activities to be hidden from others. Not because of they win/loss, but to avoid the term he's a gambler.

Quote from: coin-investor on March 06, 2023, 05:41:45 PM

Quote from: Oti147 on March 05, 2023, 10:23:45 AM

So my question now is that can someone use gambling as a means of earning living?

Only the government and the operators can, but for gamblers, they have to rely on luck to make a profit but not something to make a living out of it, others who can make money from gambling are workers and some companies that rely on the gambling industries, like the food caterer and entertainers for physical casinos.

As said, governments and the Gambling platforms make good money. Very limited number of people are there to have a life out of gambling. Here the important thing lifestyle won't be stable, we can see variation depending on the winnings made.

coin-investor

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Quote from: Oti147 on March 05, 2023, 10:23:45 AM

On before now gambling was seen as a dirty habit and was painted black in the society because way back the society believes any gambler have so many bad habits too like doing drugs which most gamblers was mafias not just mafias but rich people .

That was then, but now it has become a cash cow for the government and the entertainment portal of the rich and famous, we can say that gambling now is elevated because of the money generated for the government, and some of its patrons are the rich and famous

Quote

So my question now is that can someone use gambling as a means of earning living?

Only the government and the operators can, but for gamblers, they have to rely on luck to make a profit but not something to make a living out of it, others who can make money from gambling are workers and some companies that rely on the gambling industries, like the food caterer and entertainers for physical casinos.

goinmerry

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Just want to share that here in our country, the Philippines, most professional billiards players here came from scratch and their skills with that sport are their source of living to survive every day's challenges in life. They do gambling with other billiard players and compete. Billiard is a hype sport here and when someone scouted a person having skills in playing billiards, they will consider offering that person to make a partnership under them and that's the start.

Not all our lucky to have that future but it shows that it's really possible to make gambling a living but only applied to skill-based gambling.

If talking about winning big amounts in casino games where the winning amount can change the life of a person, then that's a different story as luck is the only thing that can make it happen regardless of how skilled the gambler is.

Fatunad

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Quote from: AverageGlabella on March 06, 2023, 05:26:23 PM

Quote from: Fivestar4everMVP on March 06, 2023, 03:14:05 PM

Quote from: Oti147 on March 05, 2023, 10:23:45 AM

So my question now is that can someone use gambling as a means of earning living?

Gambling have become a business indeed, just like forex and crypto trading, gambling have become a side hustle for many, and for some, gambling have become like a business they depend on for their livelihood, though i personally do not recommend that anybody should depend on gambling or take it in place of a job, but i just can not deny the fact that i personally know alot of persons here in my area that have no job or business they run or go to, their means of livelihood is gambling, and some of them have been doing really well with it.

This is false no one is making a side hustle out of gambling because most people lose money and do not earn money. If you earned money regularly and a lot of people did too then the gambling sites would change their odds to adjust. Unless you are very good at picking under dog bets you are not profiting in the long run. I like betting because it is fun but I never expect to make a business out of it and I think it is unhealthy to tell people that they can make it a business.

People should enjoy gambling but they should do it responsibility and not expect to make a career out of gambling.

Gambling should really be for fun but people do goes into other extent on which they do really tending it on making it as a living which it cant really be that possible most of the time except to those people who are playing with poker or sports betting.Even its hard to believe but there are people who do make a living but only into these kind of games or betting but not into those luck-based games that we do know
like slots and roulletes.We cold really make out that differentiation in between those categories which we could able to point out about those probabilities in between or
chances for it to be that possible but in general sense then its better not to treat gambling as your main source of income or for daily living.

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Quote from: Fivestar4everMVP on March 06, 2023, 03:14:05 PM

Quote from: Oti147 on March 05, 2023, 10:23:45 AM

So my question now is that can someone use gambling as a means of earning living?

Gambling have become a business indeed, just like forex and crypto trading, gambling have become a side hustle for many, and for some, gambling have become like a business they depend on for their livelihood, though i personally do not recommend that anybody should depend on gambling or take it in place of a job, but i just can not deny the fact that i personally know alot of persons here in my area that have no job or business they run or go to, their means of livelihood is gambling, and some of them have been doing really well with it.

This is false no one is making a side hustle out of gambling because most people lose money and do not earn money. If you earned money regularly and a lot of people did too then the gambling sites would change their odds to adjust. Unless you are very good at picking under dog bets you are not profiting in the long run. I like betting because it is fun but I never expect to make a business out of it and I think it is unhealthy to tell people that they can make it a business.

People should enjoy gambling but they should do it responsibility and not expect to make a career out of gambling.

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Quote from: BenCodie on March 06, 2023, 04:27:56 PM

Is there really a point in trying to make a living from gambling? Think about the time you spend exerting your emotions...whether it is a thrill for your or worse, something that makes you anxious, then why do it over and over and over? How would you end up, emotionally? Even aside from the result? Which of course, is never going to be certainly in your favor...unless you have tremendous luck. When you think about it...sure, someone can make a living out of gambling, but what are the chances they will succeed and what non-monetary toll would it take on them?

Making a living from gambling can be incredibly challenging, and it is important to consider the emotional toll that it can take on a person. The ups and downs of gambling can be emotionally exhausting, and even if someone is successful at making money, they may not be happy with the lifestyle it requires. The house always has the edge, which means that even those who are skilled at gambling are likely to experience losses over time. This can be incredibly frustrating and can lead to further emotional strain. While it may be possible for some people to make a living from gambling, be careful and consider the potential risks and downsides --always gamble responsibly, this means setting a budget and sticking to it, avoiding chasing losses, and knowing when to walk away.

pixie85

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It's possible and people at poker stars are a living proof of this. Many poker players get paid sponsorships, they get invited into tournaments for free where they can play with virtual money and if they lose they don't lose any money, but if they win they get the prize.

I wouldn't wan t that life because it's stressful, but some people love the game so much that they do it.

For most people it's impossible to make a living out of gambling because to live you need stable income. You can't have a bad streak one month and die of hunger or have your internet disconnected.

Lanatsa

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Quote from: BenCodie on March 06, 2023, 04:27:56 PM

Is there really a point in trying to make a living from gambling? Think about the time you spend exerting your emotions...whether it is a thrill for your or worse, something that makes you anxious, then why do it over and over and over? How would you end up, emotionally? Even aside from the result? Which of course, is never going to be certainly in your favor...unless you have tremendous luck. When you think about it...sure, someone can make a living out of gambling, but what are the chances they will succeed and what non-monetary toll would it take on them?

For me it would really be a stressing thing on day-to-day basis specially if you are really that minding that you are making a living with gambling then you would really be mainly thinking that you should really win.

It would really be making out that kind of desperation anytime you do play on day-to-day basis which i could say that it would be bad.Also making gambling as a living is never been that ideal or recommendable

because we know that luck isnt always on your side and its not something you could rely if we do speak about living.You cant really be having no guarantees whether you would
really be profitable on that day or would be having a loss and there's no something to spend out and affect out your daily living which i dont see for it to be that good at all.

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Quote from: Fivestar4everMVP on March 06, 2023, 03:14:05 PM

Quote from: Oti147 on March 05, 2023, 10:23:45 AM

So my question now is that can someone use gambling as a means of earning living?

Gambling have become a business indeed, just like forex and crypto trading, gambling have become a side hustle for many, and for some, gambling have become like a business they depend on for their livelihood, though i personally do not recommend that anybody should depend on gambling or take it in place of a job, but i just can not deny the fact that i personally know alot of persons here in my area that have no job or business they run or go to, their means of livelihood is gambling, and some of them have been doing really well with it.

Exactly my thoughts, some people are good at gambling so nothing wrong with making passive income through gambling strategies. Some people are looking for side hustle so they try to enjoy the gambling process or trying to make income on lucky days. Personally I never recommend anyone taking this opportunity as income model because house edge will lead to negative overall results sooner or later.

Well, if we are talking about passive income then gambling affiliate can do. I also think that if we have establish our affiliates, and these people keep on playing on a Casino, then we can earn a good amount of money that can support our living. This is another reason why there are many gambling advertisement site. Aside from that, sponsored gambling streamer are also earning a living on their gambling streaming activity. They are getting paid plus they are able to get a cut or percentage from the winnings during their stream.

BenCodie

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Is there really a point in trying to make a living from gambling? Think about the time you spend exerting your emotions...whether it is a thrill for your or worse, something that makes you anxious, then why do it over and over and over? How would you end up, emotionally? Even aside from the result? Which of course, is never going to be certainly in your favor...unless you have tremendous luck. When you think about it...sure, someone can make a living out of gambling, but what are the chances they will succeed and what non-monetary toll would it take on them?

JooBra

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Quote from: Issa56 on March 06, 2023, 02:04:04 PM

Quote from: JooBra on March 06, 2023, 10:44:23 AM

I totally agree with you. Gambling is only for fun and nothing more. There are people who trick the system and live by it. Those are not gamblers but people who are in win win situations. Those are the ones who are mistaken like someone who lives from gambling.

I think gambling is suppose to be fun, but gambling is being taken as source of income, the funniest part is that some addicted gamblers still believe they are not addicted to gambling, they believe the are just gambling just for fun, but most of them are just after the money they are going to make from gambling.

If you think you are always lucky and you are always winning then you decided to make gambling your only source of income, what will happen when you stop winning, how will you be surviving?

When people get to that points its sad and late. At that point the probability that they will lose everything is pretty big, and in many cases ends with suicide. People need to hear also this side of gambling when it goes to far.

herurist

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Making money from gambling is definitely still possible for some people but to make it as a source of income I think it's too naive because this is not a job and we can't depend our life on gambling.
Precisely with an assumption like that makes us only focus on winning and will continue to do that. I thought it wouldn't go well if something like that happened.

minime0105

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I will say yes to this question but the risk of becoming a professional gambler is high because you can gamble with losing, so in doing this their should be precautionary measures, Gambling for a living invites a lifestyle that can carry significant financial risks and you ought to be aware of that before you get into it.
In fact, your desire to become a professional gambler must not precede your expertise in a certain realm of the gambling experience, whether this is video poker, sports betting.

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Quote from: grahammiranda13 on March 05, 2023, 10:29:51 AM

Two years ago my best friend had saved $5000

He earned around $9000 in a year with gambling.

Last year he lost $12000 with gambling.

Now he is in debt!

I think you know what I am saying...

What you are saying in essence is that gambling will lead to debt, any way you are not far from the truth and many addicted gamblers are always I'm huge debt, but then not everyone has that case because we have some other smart gamblers who have to earn way more than what they ever lost to gambling.

-Back to the question if gambling can earn someone a living, the answer is yes because we have many jackpot winners who have invested their winning into some other business and their earning profits right now.

Accardo

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They are levels to everything, and gambling is not exempted. You can't expect a level 1 gambler to take gambling as a means of income. Many gamblers who have advanced in the gambling business, are equipped with different strategies that enable them win more than they lose. I've read of a man who retired his work to go all into gambling, though a boring life, but he didn't run out of bank role. I don't know if online gambling can be a means of earning a living, lots of players do that in offline casinos and still live large. It depends on the player's determination. Some can move from living large to not living at all Grin

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Quote from: Oti147 on March 05, 2023, 10:23:45 AM

So my question now is that can someone use gambling as a means of earning living?

Gambling have become a business indeed, just like forex and crypto trading, gambling have become a side hustle for many, and for some, gambling have become like a business they depend on for their livelihood, though i personally do not recommend that anybody should depend on gambling or take it in place of a job, but i just can not deny the fact that i personally know alot of persons here in my area that have no job or business they run or go to, their means of livelihood is gambling, and some of them have been doing really well with it.

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Quote from: DaNNy001 on March 06, 2023, 02:50:17 PM

Quote from: Blossom15 on March 06, 2023, 02:35:30 PM

Nope, there are much easier ways to earn a living Grin

I donno know about everyone else but with my definition of earning a living, I think for someone to a make a living from gambling will be very hard but notwithstanding I have heard stories of some folks who claim they are actually earning and living their life through gambling. But for me I think its very hard to earning a living through gambling if not impossible because the foundation of gambling itself is base on how lucky one can be, so tell me how often do you think or feel someone can get lucky to be actually earning through gambling.

These people who are making a living from gambling are the minority of gamblers, and besides the lucky jackpot winners, we don't know exactly how they are living from gambling. It can be through their accurate predictions on sports betting, or it can be through sponsorship, donations from fans/followers, referrals, or simply by working for gambling companies. So it's really hard to claim someone is relying on gambling for a living when we don't have access to further details of this person's finances.

Casdinyard

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Yes and No.

You can earn a living from gambling two ways: Either be fucking good at it, or be lucky enough to bag a huge win. If you're looking for consistency choose the former, if you're looking for less effort the latter would work better for you.

For example, professional poker players, especially the ones you see on livestream TV or maybe even on streaming platforms get paid just to show up, and then they can play which would earn them more money in the process. If you're not into that there's your local casino. Study their kinks, the ins and outs of the games you play, everything there is to know about it really. Soon as you find it out, grab the opportunity and bag wins.

There's also the no effort path in which you can pay for all the scratch it tickets and join lotteries in your vicinity and hope that RNGsus choose you as the guy he will annoint with a million dollars that day. Less chance of winning, but also less effort taken.

Ultimately, I'm not gonna be the guy to tell you to not gamble for profit even though I think it's stupid and counterproductive.

Alisha-k

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Really??

So many persons are living comfortably and large from the earnings the make from gambling, the truth we don't often tell ourselves is that, aside from gambling being a game of risk, they're people who are extremely lucky too, just 1 bet and it's a go for them.

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Quote from: Blossom15 on March 06, 2023, 02:35:30 PM

Nope, there are much easier ways to earn a living Grin

I donno know about everyone else but with my definition of earning a living, I think for someone to a make a living from gambling will be very hard but notwithstanding I have heard stories of some folks who claim they are actually earning and living their life through gambling. But for me I think its very hard to earning a living through gambling if not impossible because the foundation of gambling itself is base on how lucky one can be, so tell me how often do you think or feel someone can get lucky to be actually earning through gambling.

Topic: Can Gambling earn someone a living - page 4. (Read 936 times)