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Topic: Can somebody make a successful career in gambling - page 35. (Read 6081 times)

legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
In some cases some individuals can have successful careers in gambling, such as poker players or sports bettors as I have seen some people who bet on sports. However, it requires skill, knowledge, discipline, and understanding of the games or sports involved. Though at times it's not consistent because gambling can be unpredictable and risky.

Is that really a career?

The way I understand the word is, you become well known professional in the field, you have employment history, you have successes that you can really present to the public.
If you're an online casino player who doesn't stream it, doesn't publish it anywhere, has a good betting  history, but doesn't win a ton of money, just manages to have constant results, like $500 a month, that's not a career! If you martingale on dice earning a few bucks each time, that's not a career. If you play slots every day for an hour, that's not a career.
The only gamblers that could call it a career are people who play in poker tournaments, people who are paid to stream their games, who are employed by casinos... 99% of gamblers are just gamblers. There's no career to talk about.
hero member
Activity: 1064
Merit: 501
Why would anyone ever have the idea to make gambling their full-time job? Will he receive preferential treatment for his wagers each week to win his wagers or will he be allowed to gamble with free money?

You and I would both agree that someone can't have such an advantage when gambling based on what I have said. It is undeniable that one must bet with real money, and that individual will almost certainly lose that money. Because that is how gambling site makes their money through bets lost.

Despite how addicted a person may appear to be, I don't believe anyone would want to pick gambling as a full-time profession. The individual must work a job that earns him money that he utilizes to bet.
jr. member
Activity: 239
Merit: 4
In some cases some individuals can have successful careers in gambling, such as poker players or sports bettors as I have seen some people who bet on sports. However, it requires skill, knowledge, discipline, and understanding of the games or sports involved. Though at times it's not consistent because gambling can be unpredictable and risky.
hero member
Activity: 2828
Merit: 518
As the gambling industry is evolving, I think innovations would have kicked in that can make someone create a career from gambling. I do not know how this can be achieved but I feel it is possible.

Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.

What do you all think?

What made you think it would work? Maybe because gambling is pretty similar with trading? And there are people who engaged into it full time. Well, there's really a big difference between these two and gambling is the most risky one.
I personally don't think it would really work.

It will not work for you but I know someone got into that level from getting into gambling as their career. We can say they are just a few while the majority seem not too lucky in gambling. Those who got thinking from getting rich in gambling are those who have not been given the chance to win either. It happens to me because the moment I gamble and think about winning, unfortunately, I'm not given a favor. That is why I don't dream of becoming a successful gambler as it looks like I don't have a chance either.
hero member
Activity: 1652
Merit: 521
Leading Crypto Sports Betting & Casino Platform
Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.

I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling
Yes, that's true because everything if set up so that gamblers will lose and online gambling always wins because the business was founded to give money to gambling owners, not to give money to users, even if we win occasionally, the amount will definitely not be the same.
I also agree with you that so far you may have never seen someone win big from gambling unless it is an affiliate, otherwise a big gambler who has the budget to gamble in large amounts but if you calculate the wins and losses, it is definitely not the same as for example if a big gambler bets from first day to the 7th day spent $1 million and on last day won $600,000 and it is certain that all is not equal.
So sometimes I not believe it if someone says that successful gambler got big win and usually I answer by telling him to calculate all the losses and profits.
sr. member
Activity: 938
Merit: 303
Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.

I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling

From what I have also seen, those who got rich with gambling also eventually lost it to gambling because they continued gambling. Most who can beat their chest to say they got rich in gambling are those who either resigned from gambling and found another jobs to do and invested in it. Gambling is not the area where you constantly make profit because you rise some time and you fall at another time. The times you fall in gambling are more grievous because it takes you back to beginning as if you never won anything, that is why they say gamble as you can afford and the best is to reinvest what you got from gambling in other endeavors and not to only rely on gambling.

     -  That's what other gamblers really don't understand. Other gamblers continue to believe that it is a good opportunity to generate a source of income. Something that, in reality, should not be. And if there is anyone else who won a large amount of money gambling or got the jackpot.

For those who have won the jackpot in casino gambling, I have rarely seen anything that can really be said about whether they used the gambling winnings correctly. Because most of them actually got the jackpot but ended up wasting what they won on gambling.
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.

I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling

From what I have also seen, those who got rich with gambling also eventually lost it to gambling because they continued gambling. Most who can beat their chest to say they got rich in gambling are those who either resigned from gambling and found another jobs to do and invested in it. Gambling is not the area where you constantly make profit because you rise some time and you fall at another time. The times you fall in gambling are more grievous because it takes you back to beginning as if you never won anything, that is why they say gamble as you can afford and the best is to reinvest what you got from gambling in other endeavors and not to only rely on gambling.
Gambling is unpredictable. Those brief successes? These illusions keep players in the game longer than necessary. You may climb, but those falls are awful. They destroy all development and prosperity. A cyclical pattern with brief highs and lows? They can be devastatingly permanent.

Think about the psychology. The brain wants that win-induced dopamine boost. What follows? Lows are inevitable. They last longer and are more meaningful. Its sad that so many individuals think they can benefit from gambling. You are right; investing winnings elsewhere is the best strategy. Why stay in an unstable environment when you can invest in more stable ones?
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling


Maybe someone can get rich from online casinos, just that the winnings they get can only be seen by the players themselves, so there is no information obtained by the media to be used as news. Meanwhile, in offline casinos, we can get information from what we see and the players' expressions when they get a jackpot or big win, so it is easy for the media and other gambler to make the win into a news.

think about this, if you experience a $200,000 win from an online casino and at that time you are alone in your house. would you tell people family, friends or anon people in social media if you won $200,000 and invite the media to create article about your win, or would you just keep quiet?
The truth is that a lot of people have successfully become rich through gambling be it in online casino and offline gambling platforms but what I think should be considered by anyone who wants to get rich through gambling is to firstly analyse the percentage of people who were able to get rich through gambling.
Gambling isn't something that one should get engaged in with the motive of becoming successful through it as it would make the person to always want to gamble more even when he's not winning which leads to becoming a gambling addict.
hero member
Activity: 2716
Merit: 552
As the gambling industry is evolving, I think innovations would have kicked in that can make someone create a career from gambling. I do not know how this can be achieved but I feel it is possible.

Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.

What do you all think?

What made you think it would work? Maybe because gambling is pretty similar with trading? And there are people who engaged into it full time. Well, there's really a big difference between these two and gambling is the most risky one.
I personally don't think it would really work.
My only advice to someone who would love to try this idea, is to have back up funds that would allow you to feed in the next 10-15 years, otherwise you'll most probably going to end up in the streets in less than a year lol.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
As the gambling industry is evolving, I think innovations would have kicked in that can make someone create a career from gambling. I do not know how this can be achieved but I feel it is possible.

Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.

What do you all think?

Casino operators are the ones who are most benefit and become successful in the gambling industry the same goes for casino staff and casino managers.  

I also searched the internet for people who have been successful in their gambling activities.  Among these people are:

  • Kerry Packer – $5 Billion
  • Tony Bloom – $1.5 Billion
  • Bill Benter – $1 Billion
  • Edward Thorp – $800 Million
  • Alan Woods – $500 Million
  • Zeljko Ranogajec – $420 Million
  • Billy Walters – $200 Million
  • Dan Bilzerian – $200 Million
  • David Walsh – $200 Million
  • Phil Ivey – $100 million

You can read their story here: https://www.casino.org/blog/top-10-richest-gamblers/
Anyone who is in the gambling industry as casino worker and business person will definitely be the person who benefits the most because they work and make money in contrast to gamblers who come to spend money quickly and carelessly.

The list of names of professional gamblers is good but do you know how many gamblers are spread all over the world and how many names are there with successful gambling success? and some of these successful people are also supported by quite strong backgrounds or people with great wealth.
If you calculate it for sure only 1% of people are successful from gambling so gambling to have a successful career is not the right choice.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.

I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling

From what I have also seen, those who got rich with gambling also eventually lost it to gambling because they continued gambling. Most who can beat their chest to say they got rich in gambling are those who either resigned from gambling and found another jobs to do and invested in it. Gambling is not the area where you constantly make profit because you rise some time and you fall at another time. The times you fall in gambling are more grievous because it takes you back to beginning as if you never won anything, that is why they say gamble as you can afford and the best is to reinvest what you got from gambling in other endeavors and not to only rely on gambling.
The best one could do with gambling is to make it a funfilled affair in most cases where they can count on to beat boredom when they see other hobbies as too frequent, and also gamble for the money once in a while. With these, they will not be wasting money by thinking gambling is a financial saviour where they will have to earn their life's earnings, which will backfire on them. I've not seen those gamblers that are ever consistent big in their earning or that could be certain with their winnings. Those who won big just had the luck at that time, and such might not happen again in over 5 years. Is that what anyone want to build their life, family and career upon?
legendary
Activity: 2324
Merit: 1604
hmph..
I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling


Maybe someone can get rich from online casinos, just that the winnings they get can only be seen by the players themselves, so there is no information obtained by the media to be used as news. Meanwhile, in offline casinos, we can get information from what we see and the players' expressions when they get a jackpot or big win, so it is easy for the media and other gambler to make the win into a news.

think about this, if you experience a $200,000 win from an online casino and at that time you are alone in your house. would you tell people family, friends or anon people in social media if you won $200,000 and invite the media to create article about your win, or would you just keep quiet?
hero member
Activity: 2660
Merit: 630
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Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.

I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling

From what I have also seen, those who got rich with gambling also eventually lost it to gambling because they continued gambling. Most who can beat their chest to say they got rich in gambling are those who either resigned from gambling and found another jobs to do and invested in it. Gambling is not the area where you constantly make profit because you rise some time and you fall at another time. The times you fall in gambling are more grievous because it takes you back to beginning as if you never won anything, that is why they say gamble as you can afford and the best is to reinvest what you got from gambling in other endeavors and not to only rely on gambling.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
~snip~
Whether we like it or not, when you taste the feelings of losing all you want to do is to chase that victory, and aside from that is to chase your losses. It's the typical situation that everyone is dealing with and whether we tell you not to try hard, when it is your emotion and ego being hit by losses, you're going to be on your own without remembering all of those reminders that were given to you.
This is common and often happens to many gamblers, including us, but we must be able to prevent ourselves from trying to recover from losses. We will find it difficult to recover from losses because we will probably experience more losses. Instead of taking the risk of receiving more losses, we should take a break and stop gambling so that we are tempted to continue gambling again.
Yes, when you've been there so many times then you should be aware of that consequence and you won't make the same mistake. But can we do that? Maybe for some but for the majority, it is given that it's hard to prevent ourselves from chasing the losses because it has become a norm and mindset for everybody that we need to recover those losses no matter what happens. And that's the reality that instead of being able to recover, we're incurring more losses. With that, every gambler knows the consequences, and despite that, we continue.

It is normal for many people to see something different, and they will easily say negative things about that person. But we also don't need to follow what they say, especially if we only hear stories from other people about someone, because usually, that story will have additional stories that don't match reality. So we have to be able to filter it ourselves and act slowly, especially if we don't know the real story.
Just ignore them, that's the best weapon against them. They mind their own business, we mind our own businesses too. But if you're the type that's easily intrigued and affected by those, you need to practice yourself that you won't be affected by anything that they say anymore. Because if so, you'll just be distracted by them even if you're not thinking about what they do but you'll have to rebut because they're always telling things that are against you.
full member
Activity: 1022
Merit: 152
Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.

I once read an article that explained someone managed to get rich from gambling, but not many people can do that. Those people gamble in land-based casinos. However, if we play on online gambling sites, I have never known anyone who can get rich from online gambling.

In gambling we may occasionally win but often we lose. And if we calculate the total then I'm sure we lost in gambling
hero member
Activity: 952
Merit: 662
Gambling isn't career, is there anyone can give me an evidence if you're always making money through gambling?

Gambling is only for fun, when you have more unused money that you willing to use it to entertain yourself. If you don't have money you can afford to lose, then gambling isn't for you.
sr. member
Activity: 952
Merit: 275
When you chances of victory is extremely low you don't charge up on your enemy, you run to fight another day, and before going to battle you need accurate information on how powerful your enemies are, these are for you to have a higher chance of victory and this isn't too different from gambling either, we all know that many people always have a sad story to share the world about gambling, check online about the data on gambling, it reveals that very low numbers of people are 100% using gambling as their source of income, I expect this to go lower in time too.

Do you know why people have more good stories to share about crypto and Bitcoin investment? The hardest part is what people find hard to beat, and that's holding for a long term, you know that victory awaits you once you beat the bear market, it would have been great if gambling is also like this, but it's completely the opposite of this.

When your chances of becoming victory through anything is too small you don't engage, if you do you are a fool who relies on nothing and you will get what you deserves, every wins in gambling feels so damn good but nothing will make me want to be in gambling as my main source of income.
sr. member
Activity: 602
Merit: 306
As the gambling industry is evolving, I think innovations would have kicked in that can make someone create a career from gambling. I do not know how this can be achieved but I feel it is possible.

Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.

What do you all think?

Those who take gambling as a full-time job only see themselves as jobless human beings. We can't even think of gambling as a full-time job at all, where you can lose money and not even know if you will have a single win in return. For example, if you went to gambling from day to night without any wins, how could that person feel? Can we call it a full-time job? In my community, anybody involved in this kind of attitude will not have respect in people's eyes. The worst of it is choosing betting to gambling as your favorite full-time job. That is the worst thing ever to me. When would that person have time to take care of himself? Let's just assume that the person has become rich before choosing gambling as a full-time job. That will be a little fine. But can we say to the person who is poor and chose this as part of their life that it will be hard to take care of themselves if they still have family to feed? The person didn't come to this life to achieve anything.
 
My advice is that saying no to gambling is not a good path to choose in life. I believe there are many ways to provide us with our daily needs.
hero member
Activity: 3010
Merit: 629
Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.

What do you all think?
If you're going to rely solely on profit in the games you're playing then I don't think it's possible. However, if you're a streamer, an affilliate or a casino owner, you can certainly earn through gambling (this is if your question is not limited to just a gambler itself).

Anyway, there may be few professional gamblers who are able to profit in their gambling activity. But I don't think someone can make money out of gambling consistently that he can treat it as his/her main source of income.
hero member
Activity: 2912
Merit: 556
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~snip~
Whether we like it or not, when you taste the feelings of losing all you want to do is to chase that victory, and aside from that is to chase your losses. It's the typical situation that everyone is dealing with and whether we tell you not to try hard, when it is your emotion and ego being hit by losses, you're going to be on your own without remembering all of those reminders that were given to you.
This is common and often happens to many gamblers, including us, but we must be able to prevent ourselves from trying to recover from losses. We will find it difficult to recover from losses because we will probably experience more losses. Instead of taking the risk of receiving more losses, we should take a break and stop gambling so that we are tempted to continue gambling again.

~snip~
That's the other side of the story and I think that this belief won't change forever. It's because many gamblers are irresponsible and they're doing crazy things that put a negative view in the minds of those people that see them personally, so that's how their reaction goes for the gamblers and they only think of them as negative people, gambling addicts, will sell everything to gamble, no financial education, etc. As in all of those things that they can think of you negatively, they'll put that to their minds and everytime they see, you know what's on their mind describing you as those qualities.
It is normal for many people to see something different, and they will easily say negative things about that person. But we also don't need to follow what they say, especially if we only hear stories from other people about someone, because usually, that story will have additional stories that don't match reality. So we have to be able to filter it ourselves and act slowly, especially if we don't know the real story.
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