Topic: Can somebody make a successful career in gambling - page 14. (Read 6081 times)

If you're talking about making a killing while you're gambling with money, then I have bad news for you. No one was ever able to make a safe income stream just from gambling, besides those in the Pro Scene, and some of them are sponsored by their teams and endorsements in the first place, so the money that they got isn't even from gambling per se. You could look into being a gambling streamer like TrainWrecksTV but I wouldn't advise it as he's often seen spending upwards of a million dollars in and out of stream, just from gambling alone. So from there you'd realize you're going to be in a really precarious gambling addiction situation if you were to take this path.

You can also look into working for a casino, but it has its own sets of caveats as well, like dealing with the constant suicide attempts of most of your patrons for one.

On the contrary, an addiction in gambling would be quite hard to achieve if you consider gambling to be a recreational activity in which you sparingly indulge yourself in.
And I doubt the bookies have any control on the outcome of matches played. So I don’t know how they would get tricky and allow one to win a few before bringing the hammer down.

Obviously, the drive to win back the monies spent would cross your mind. That’s not an addiction. It’s only natural to want to win more than you lose. But we should have a limit and know just when to stop playing. That way, we could keep addiction at bay.

Everyone that accept gambling as a career always have their tricks and logic used in betting. Although, betting may be unpredictable this days but if you use your tricks and logic that works for you well, you will still definitely make a way in gambling. Greediness is what normally kills most gamblers. If this can be avoided, one will still make good money from gambling. Although this doesn't mean that one can make a successful career in gambling, gambling can just be added to ones way of making just like a side hustle thing.

The player has some funds to win through gambling. Unless the casino has no provably fair feature or operates a 100% house edge, the gambler has some percent to win in every $100 they wager in a casino. Depending on how well they try to wager the money. Not talking about a player who wagers his money at once. Those who want to target the reward per $1000 wager, can be staking $50 - $100. Players looking at $100 can focus on wagering smaller amounts like $5 or $10 to enjoy their game till it gets to that threshold. However, it is not made to look this way in the casino, but the house knows a way of rewarding players, to keep them in the casino, thereby making more money for the house. If a gambler doesn't win at all, he won't be energized or motivated to gamble again. So, a gambler who's determined to take gambling as a career must know the house edge and the provably fair of the casino they want to make their office.

It's encouraged that the gambler starts up with a good amount of money and wagers accordingly to extend his days of gambling and increase his possibility of not running out of money. Given time he'll be earning some money to add up his existing bankroll. Thereby enjoying extra days of gambling. If he's well calculative he won't run out of money. But, the player needs to have spent years mastering the act of gambling, to consider gambling a retirement plan or a form of career for the long term. He may not expect to earn more profit, the gambler will not be in profit but can maintain his money not to finish. Moreover, if a gambler is not organized or has the skill to manage his money or be carried away to lose control of his plans, he should venture into such a risky game as a business. But the possibility is there to make a career in gambling.

I believe that there are some people out there who have been successful in gambling, even if it's a little but there are still some. Not everyone who gambles ends up becoming an addict, some have fun, others are serious about gambling, that's why we have people called professionals, but not all professionals become successful. I believe in luck and sure someone got that luck.

Yes, that's true, and it keeps people trying and hoping they can win someday. They may not count how much money they have used to gamble and lost at gambling. They just want to win from gambling. But to get success in gambling is difficult, and we don't know how much money we have to use before we can be successful at gambling. And possibility after possibility of winning will continue to make us try, especially if we still want to achieve that success. We should be able to respond wisely so that we don't experience large losses.

I'm not sure if betting is something you can take as career unless you are  the owner of the casino  you taking betting as an career is very risky and you can easily endup getting addicted to it pretty fast. And that may cause alot of losses beause be betting like always and is luck so not something you can easily hit the jackpot. That gambling mostly good for side hustle not for career because you taking as a side hustle will make you to always do responsible gambling. Event though you loss you can easily cover up with other jobs payments

The thing is that you don't know when you are going to win.

You can win in your first bet. Or on your 100th, or never.

That's just how probabilities work, you never know what's going to happen, you only know the odds, but the actual results can vary.

If they need thousands of bets before they can get a win, it won't be worth it to keep doing it because it means they will have to use a larger amount of money than they imagined. But some gamblers still want to try because they want to win, so they don't give up before they win. When we win, we will feel happy, but that feeling of joy is not enough because we still have to earn some more money to cover the losses we have experienced. And yes, if a person knows a lot about sports, he may have a higher chance of winning his bet because he can choose the team that can win. And if he can collect his winnings well and not be greedy, he can get more of his winnings. But all of them require self-control because they often become greedy and expect big wins, so they don't stop gambling but continue placing bets on other matches. Maybe that's what makes many people want to try to build a career in gambling because they see how people can win even though they don't know what that person is preparing to do so they can win.

And yes, having a real job will be very helpful for people because they can make money and have a good career path. If they can work well, they will get a promotion from their superiors to move up and get an even bigger salary. Compared to gambling, having a job will be more promising for someone to make money and build their career.

This is highly dependent on your definition of career. The first question you have to ask yourself is whether gambling is actually a career path. Some can argue that since career entails or progress through life or history. In gambling there is a process and there is also a history but then is it worthy to be called a career?

Let's examine the legal and ethical aspects of this and make our independent judgement. We can all agree that in some country, gambling is prohibited, which means it is illegal. In some other countries it is legal but not ethical. In both situations we can agree that gambling is not a noble profession or career. So, it doesn't make sense to build a career around something that the society is not proud of.

Howbeit, if anyone wants to build a career path around gambling, they should chose to either be a streamer, gambling site UX/UI designer, reviewer or the owner himself. There are other means of earning through gambling apart from gambling yourself.

well at least OP is asking about "Somebody" means just few is enough to
answer the question and indeed that there are some that make gambling as  a career though
you are also correct that majority are losers and not even crossing 1/4 of the total gamblers
that wins than losing.

Running a gambling career is not a regular means of making money. However, many gamblers ignorantly are using gambling as a career, which is not a smart move. That's why the journey of such a gambler would be tough on him, as he has no prior knowledge of what he's into, or how to work it out. Before one ventures into a gambling career, he must be aware of the skills and discipline needed to participate in the field of gambling. Every niche of work needs certain skills to join or perform well in the business. So, most people who now gamble with no skills do so to their detriment. For a gambler to handle gambling successfully as a career, he needs to have a huge bankroll and also the mathematical skill of calculating the house edge to know what's in for him at any instance he gambles. Other wise the person may not succeed. In the long run, it's not needed for a gambler to spend his whole time each day to gamble as a job. People do it and succeed. However a good number of gamblers lose out in this process because they don't understand the ethics of gambling.

Then may get in debt trying to reach the finishing line like a long-distance race. Which could ruin his gambling journey, and his life in the real world. The machines have been programmed to lead to some wins after some specific plays. Gamblers who think that they can get rich by consistently gambling each day and hoping for a big jackpot at some point will be in the shoes of the gamblers who are in debt and find it difficult to move out from such addiction. I don't think gambling career is for every gambler who has ventured into the route of a job, knowingly or unknowingly. Hence, instead of choosing betting as a gambling career, it's better to set up a service for gamblers, offering football analyses for gamblers or giving out fixed games to the players. It's more profitable than gambling all the time, it gets boring to some extent.

Although there are many who admit that it is possible to make a career in gambling or make a good living, I would say in this case that it is almost extremely difficult. Those who accept this believe that if one can get a good idea of the player and their performance in a particular sportsbook, as well as the conditions of the pitch or field where they will be playing, if one can accurately research the conditions, then one can win in gambling. But I don't totally agree with them because in recent times sports betting is unpredictable who will win or lose. Even the good team lose the match with the bad ones. So making a career by gambling is naturally difficult.

At some point we shouldn’t rush to make a bet because we saw others making high return from betting and we should also take time to calculate how much they have also lost and I think the reason why so many are trooping in and out of gambling is because is because most of these newbie gamblers already have the mindset of making millions and changing their lives over night through gambling with relatively very small bet amount which is wrong and they have to understand that their techniques to healthy gambling.
So rather than jumping into gambling because you saw the winnings of others, I would advice that you take your time and do the right things to avoid excessive losses.

Having the outcome of a casino game dictated by a person seems rather unusual.

Casinos have strong regulations, and all their games are watched closely. There is no way a person there can give a gambler a better chance to win.

They would be fired on the spot if they did something like that.

The bookie has control over the games played by the gamblers, even though many of us think that winning in gambling is luck, I actually see that the winnings have been set by the bookies in such a way, many of my friends are active gamblers, but I even Not finding one of them who is rich and in fact many of them are now starting to get into debt due to gambling, maybe in 100 times playing the bookie will give us 10 wins as an attraction to continue gambling, but after that rest assured that the bookie will soon drain our money dry.
I think gambling addiction starts when we consider it a recreation and that's when the bookie starts running his tricks to at least give us a win and in the end after getting a few wins of course then  addiction will start to spread in our brain.

Maybe you mean that they already have a lot of money i.e. they come from one of the rich people involved in gambling, from your discussion I get that they are born rich and not rich from gambling, because after all it doesn't make sense when you want to make money on something that is basically a gamble without any certainty. So if they lose a few gambling sessions then it's not a significant amount for them, because basically they already have a lot of money so losing in gambling wouldn't mean much.

The main point is as you said that I'm more interested in suggesting that gambling is not a place to make a living at all because everything there is random, so whoever it is will never know whether they will win or lose every session they do, it's very dangerous and could possibly drive them crazy due to the pressure caused by losing an amount they can't account for. That's right, I think it's only mindless people who blame the casino for their losses, I'm saying that they come without any understanding of the risks involved.

The house will actually always win if what we are talking about here is casino or slot games, what I usually do tell people is to avoid playing casino or slot games if they know that they won't be doing it simply for fun and nothing else, casino games, as well as slot games, are not designed to make any profit for a gambler, and even if the gambler does seem to make a profit because they amount of money he or she has won is greater than what ever amount of money he or she has lost, it's only a matter of time, as long as he O she keep playing, it won't take long before he or she finds him or herself In the red zone.

I tell people who are more interested in making money from gambling to focus more on sports betting, since this is one of the simplest games where their knowledge in sports will help increase their chance of winning more frequently than when playing slot games or casino in house games.

All it takes to do well in sports betting is to stay updated always, this can actually be time consuming, but if someone can create the time and possibly treat sports betting as a business, invest the time and energy required to make a business succeed, then, there is a high chance that such a person may even make a living off sports betting.

That's right, because people approach gambling in two ways:

1) they think that gambling is a fun activity where you can spend some money and have fun even if this money is lost. I think this is the right attitude and this is how the game should be approached.

2) The type of people who belonged to the first type but then won a lot of money, or forgot about self-control. Such people believe that money can be given easily and it is not necessary to earn it through mental or physical labor. Such people become gambling bloggers or simply quietly place bets. Sometimes it’s even successful, but it’s only temporary. The casino will beat them sooner or later, because it always remains the winner.

Yeah, that's the thing. You only need to have a look at the probability of each game in the casinos and you will realize that they odds are against the gambler.

Of course, if you see one video of someone winning some money, you might want to do the same, but it doesn't work like that.