Can someone take gambling as a source of income to he/she life?

Lucasgabd

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Quote from: Dewi Aries on June 17, 2024, 11:01:20 AM

Quote from: Lucasgabd on June 17, 2024, 10:26:40 AM

Quote from: lovesmayfamilis on June 15, 2024, 05:11:12 AM

Any gambling or bookmaking site contains a warning that, when betting, players should not rely on the idea that the game will solve all their financial problems. However, seeing people who understand this warning differently, you can’t help but wonder whether people know how to read and generally think logically. Everyone who has been a winner in the past has consistently experienced financial losses. And as history shows, there are much more losses. Therefore, thoughts about making money may arise in people who are not entirely adequate and cannot correctly perceive reality.

don't you think these would end up like these warns on cigarrete packs? I mean, yes you can tell people that the thing will kill you and give you cancer but sometimes your urges are stronger than you and you simply can't resist anyways...
crazy but true

Yes, that means that's what will happen when someone feels addicted to something, as we know how difficult it is to cure someone from gambling addiction, it doesn't matter even if for example you say, advise and suggest everything that seems reasonable to hear, it's still the same. In the end, their brain and mind will reject the idea and say that the advice you gave is not true.

Yes, it's crazy, but it's a reality, that's why addiction is always referred to as a very bad situation or phase, not only because it's difficult to cure but also in terms of its impact, it's very bad, which can destroy all aspects of life. a person's life, therefore, from the start, as much as possible, we must be able to manage and control gambling activities according to our abilities, simply, never try anything that leads to excessive actions.

addiction is a big problem specially because it's not all the people who can go out of it by themselves
sometimes they need help and not all of them will seek help when needed

it's crazy but I think gambling may do more harm then good in these cases...

Agbe

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Mr Sakawa, I don't know if you made some research on this topic before creating this because I vividly remember discussing this topic in 2023 and 2024 or seen
them.
https://bitcointalksearch.org/topic/has-anyone-been-able-to-make-steady-income-with-gambling-5475001

https://bitcointalksearch.org/topic/success-or-fail-talking-about-gambling-as-a-major-income-5456632,

https://bitcointalksearch.org/topic/gambling-is-not-a-steady-income-haven-5454607,

https://bitcointalksearch.org/topic/outcomes-of-insighting-gambling-for-a-source-of-income-5486336,

Those are some of the related threads with your topics so if we discuss your topic again then it is a discussion of copycat and this where people are saying that it is spamming because what have been discussed is repeating itself. Always use the search button and also use the google search before creating some topics and in most cases in the gambling section.

piebeyb

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Quote from: boyptc on June 24, 2024, 04:29:10 PM

Quote from: swogerino on June 24, 2024, 02:07:21 AM

There are rare cases when someone wins a huge jackpot in slot machines and his life changes yet there are over 99.99% others who has gone bankrupt because of such thing.

This is different from someone who can be said as a gambling professional.

They'll surely allot the money properly to where it should be because they need it for their needs. While it's true that someone who's doing it or have done it before will have hard time.

Out of the many gamblers, there are very tiny numbers of those that still rely on gambling for all of their needs.

Almost impossible and very hard but they're able to survive.

Yes, there are some people who still rely on gambling to fulfill their daily needs, but to gamble you also need to work so you can get money and finance your gambling because it is impossible to gamble without working or doing business, unless you get inheritance from your parents, you might end up spending it. all that money is for gambling without having to work, but that won't last long and you will definitely end up like other players losing money and experiencing big losses when gambling.

There is no reason why you would play gambling for your daily needs, whereas gambling requires money and you have to work or do business to pay for it. In essence, it is also impossible to make gambling a source of permanent income and main income because just gambling requires money to play so it is impossible to do so. , not all gamblers will continue to win as has been explained that there are only no more than 1% who win at gambling while the rest experience losses and big losses at gambling, that is the fact that we have to accept as gamblers is that there is no free money in this world Moreover, just playing gambling can make you rich.

Dewi Aries

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Quote from: dimonstration on June 24, 2024, 09:42:32 AM

Quote from: irsykes on June 24, 2024, 09:25:20 AM

But most of the beginner gambling there are intentions with entertainment but crossing a healthy limit that makes it uncontrollable or beginners who feel heavy with the loss of money become ambitions to play gambling. At first they did not see with the environment of the gambling world around them what the effects of this effect would occur. If a beginner has a basis with introspection seeing the effect of gambling addicts it might not cross the normal limit

This will always the case if a player gambles with the money they can’t afford to lose since they will keep thinking about the that their lose until they will just keep chasing loss since they can’t let go what was loss.

The secret for a successful gambling career is to never think about your whenever you gamble and just focus on what was in your current gambling condition. This will makes you focus on entering since the burden of thinking your losses will be remove while you can focus on the game.

True, when someone finds it hard or difficult to accept the reality of their losses then it means they are risking money that they are not able to account for, it is very simple to identify and I think at first glance we can conclude that they are irresponsible gamblers, in general in this situation they can usually become increasingly crazy or aggressive in making decisions, because the inability to accept the fact of losing is usually always the initial trigger for the idea of chasing losses in an impulsive way.

On the other hand maybe what you mean by don't think about ourselves when we are gambling is in the sense that we don't put too much ego in ourselves regarding the results that will occur at the end of the session, or what it means is that we have to be neutral and prepare ourselves for any possibilities that will occur at the end of the session, that's true but maybe I would say that in order to have that ability a gambler must first bet an amount that they can afford to be responsible for along with being aware of the risks that can occur at any time.

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Quote from: swogerino on June 24, 2024, 02:07:21 AM

There are rare cases when someone wins a huge jackpot in slot machines and his life changes yet there are over 99.99% others who has gone bankrupt because of such thing.

This is different from someone who can be said as a gambling professional.

They'll surely allot the money properly to where it should be because they need it for their needs. While it's true that someone who's doing it or have done it before will have hard time.

Out of the many gamblers, there are very tiny numbers of those that still rely on gambling for all of their needs.

Almost impossible and very hard but they're able to survive.

irsykes

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Quote from: dimonstration on June 24, 2024, 09:42:32 AM

Quote from: irsykes on June 24, 2024, 09:25:20 AM

But most of the beginner gambling there are intentions with entertainment but crossing a healthy limit that makes it uncontrollable or beginners who feel heavy with the loss of money become ambitions to play gambling. At first they did not see with the environment of the gambling world around them what the effects of this effect would occur. If a beginner has a basis with introspection seeing the effect of gambling addicts it might not cross the normal limit

This will always the case if a player gambles with the money they can’t afford to lose since they will keep thinking about the that their lose until they will just keep chasing loss since they can’t let go what was loss.

The secret for a successful gambling career is to never think about your whenever you gamble and just focus on what was in your current gambling condition. This will makes you focus on entering since the burden of thinking your losses will be remove while you can focus on the game.

However, if excessive effects become serious due to uncontrolled self-inflicted actions, the burden will increase if cannot control it. managing money, controlling money going in and out or losing, winning also needs to be assumed so that it is conducive for money to be controlled. I mean what you said by focusing on the game, it is possible that the money will be returned even though it is not 100% that has been lost. Of course the game algorithm will do this

dimonstration

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Quote from: irsykes on June 24, 2024, 09:25:20 AM

But most of the beginner gambling there are intentions with entertainment but crossing a healthy limit that makes it uncontrollable or beginners who feel heavy with the loss of money become ambitions to play gambling. At first they did not see with the environment of the gambling world around them what the effects of this effect would occur. If a beginner has a basis with introspection seeing the effect of gambling addicts it might not cross the normal limit

This will always the case if a player gambles with the money they can’t afford to lose since they will keep thinking about the that their lose until they will just keep chasing loss since they can’t let go what was loss.

The secret for a successful gambling career is to never think about your whenever you gamble and just focus on what was in your current gambling condition. This will makes you focus on entering since the burden of thinking your losses will be remove while you can focus on the game.

Accardo

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Quote from: Jawhead999 on June 23, 2024, 09:49:33 AM

Quote from: Accardo on June 22, 2024, 01:30:04 PM

Achieving gambling as a source of income is not impossible. It could be done, but the risk is high and would most likely affect the player emotionally and financially. Even with a detailed method of going through this, the player will still lose a lot. Doing this in an offline casino will make a player feel isolated and may not enjoy a full lifestyle with friends and family because he'd be busy gambling for almost 12 hours a day.

His free time would be to sleep or rest. Consistently gambling consumes lots of brain power. The only available time for the player would be for resting. As he'd want to stay ahead of the game, making out plans and strategies each day, understanding the house edge and how much he is expected of him to invest in the journey. It's quite a tiring source of income.

Then why the gambler need to gamble on offline casino? I don't understand how you can think like that when we're in online forum and promoting online casino. Fortunately there's auto bet when you gamble in online casino, you only need to set up the amount you bet and how many roll you want, so you can enjoy your life and gambling at the same time.

At least if he can able to earn from gambling by spending 12 hours a day, it's better than underpaid job and you need to work for 14 hours a day.

I used offline casino as a realistic instance because one can't achieve gambling as a source of income through online casino, despite using the auto mode, that's not fun and is not what players want. This thread is about focusing on gambling and making profits through it and nothing else. Gambling and working on other projects doesn't deeply define taking gambling as a source of income, it still falls on the side hustle category.

I understand we promote online casino, but won't stand or say things that doesn't sound achievable for its sake. Offline casinos make this possible because of the comps; free hotel room, food, drinks etc. These provisions makes the gambling journey easier for the player and he would focus on gaining the results he went into gambling as a source of income for.

Fivestar4everMVP

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Quote from: swogerino on June 24, 2024, 02:07:21 AM

You cannot really no matter if you are super skillful and play only skill games like poker and sport betting.The reason is simple and it is that although the major determining factor is skill the rest is luck which can also play an important role and can be devastating if it happen to have a black one.Therefore making a consistent income out of gambling is not possible over the long run unless you want to try suffering and desperation as it is there where it leads if you try to make a living through it.

There are rare cases when someone wins a huge jackpot in slot machines and his life changes yet there are over 99.99% others who has gone bankrupt because of such thing.

First, sports betting isn't really a skilled base game, but more of a knowledge based game, and this is because, to be successful in sports betting, you have to apply what you know about the game to you betting, so, it's your knowledge in sports that helps make you a winner in sports betting.
Skill is only required to play and win matches in the field, like those who play football and other varieties of sports matches, for the gambler, he need knowledge in sports, not skill.

Secondly, it is actually possible for one to live off the money they make from gambling, it should interest you to know that one doesn't have to win a lumbsome of money in one go to successfully making a living out of their gambling proceeds, one can live off gambling proceed by just winning little little amount of money like a few hundred of dollars for like 3 to 4 times in a week, someone who is really lucky in gambling can win even more often though not regular.

But then, living off gambling is not advised, since it's not a job or anything that can really be dependent on.

irsykes

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Quote from: Jody.Drummer on June 23, 2024, 08:29:34 AM

Quote from: irsykes on June 22, 2024, 05:11:43 PM

Quote from: Jody.Drummer on June 22, 2024, 11:33:28 AM

Yes, of course, because having a wise nature along with having and maintaining the ability to think based on a rational point of view is one of the keys to avoiding the bad effects of gambling, and that is what professional gamblers do, it doesn't mean they have managed to achieve many victories, but what is certain is that they already have a lot of flying experience so they already know the various actions that must be taken every time they are in a certain situation.

Of course, as you said, they will prioritize other activities that are much more important in their lives than focusing on gambling. Simply put and the point is that they are gamblers who most likely came just to look for entertainment without putting any hope or seriousness towards winning, and that is what is always recommended.

regarding knowledge of the world of gambling activities, will have a strong character if you understand what is happening and not make it a priority. People who have this personality rarely have people with the awareness of taking small things for granted, and why wise people who gamble think so positively. choosing something that makes them among the visible parts of an addict's life a strong foundation is the key. so that the same thing doesn't happen

Yes, like the experienced gamblers who already know about the good and bad of gambling so they do it according to their abilities, or that means not exceeding their limits along with applying a lot of caution that leads to precautions.

And of course they know that gambling is not an activity that should be prioritized in life, because from a rational point of view it does not make sense or is too risky to make activities that do not have any certainty and guarantee to be made a priority to do, they already know that in the end their fate will be the same as addicted gamblers who experience many bad effects.

I think if everyone is able to use their common sense and rational point of view from the beginning before getting too involved in gambling then I think it is less likely for them to end up with an addiction.

But most of the beginner gambling there are intentions with entertainment but crossing a healthy limit that makes it uncontrollable or beginners who feel heavy with the loss of money become ambitions to play gambling. At first they did not see with the environment of the gambling world around them what the effects of this effect would occur. If a beginner has a basis with introspection seeing the effect of gambling addicts it might not cross the normal limit

swogerino

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You cannot really no matter if you are super skillful and play only skill games like poker and sport betting.The reason is simple and it is that although the major determining factor is skill the rest is luck which can also play an important role and can be devastating if it happen to have a black one.Therefore making a consistent income out of gambling is not possible over the long run unless you want to try suffering and desperation as it is there where it leads if you try to make a living through it.

There are rare cases when someone wins a huge jackpot in slot machines and his life changes yet there are over 99.99% others who has gone bankrupt because of such thing.

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Quote from: Sakanwa on June 05, 2024, 10:25:32 AM

I said let me express my feelings towards this to forum gambling discussion, if their are people who are living in this kind of lifestyle. And what will be your opinion towards the people living in this kind of lifestyle everyday of their life's?

You might be able to make gambling your source of income to support your life but not as a player because as a player you will be more likely to spend more money than what you will receive, if you are good enough in terms of affiliates or as a gambling streamer or even if you have investors you can become a casino owner because in my opinion these three fields will give you much more money and certainty than as a player.
As a player, you can still earn but the amount will not be certain and it will also be difficult to regularly profit, even as what I mentioned earlier you may end up spending more than what you earn.
As a player, it would be more advisable just for fun although losing money is still not fun, but making gambling as a source of income will be much more unpleasant because it is difficult to realize so it can be stressful for you.

Dewi Aries

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Quote from: Fredomago on June 23, 2024, 06:42:58 PM

Quote from: Jaycoinz on June 22, 2024, 10:49:40 AM

One thing gambling and pressure is that sometimes you just lose it and go off to your comfort zone and before you know it you starts doing things that you have actually tried to stop just because you can't let go of maybe few loses that you enquired when playing and that's why having the thought of losing as a possibility is really helpful because you are never certain that you would always get profits when playing.

Having that inside you can prevent you to keep pushing for more, I mean if you understand both the risk and potentials, the chance of losing more than you can afford can be avoided, if you already have that acceptance inside you it's not hard to stop and quit, though it's always easy to say it but very difficult to execute when you are in the situation, especially if your adrenaline is pushing you to keep trying if you till got some money to top up.

True, one of the keys to being able to stop at the right time is to have the ability to accept the risks experienced such as losing, and this ability will only be possessed if someone has the right understanding of how gambling really is, as you said by understanding that there is a chance of winning but also realizing the risk of losing, and this understanding can support someone in terms of applying responsibility in every decision they make.

This means that I agree with you that having a proper understanding of how gambling actually works can help one avoid the possibility of losing significant amounts of money, and yes of course saying will always be easier than practicing, but it doesn't hurt to have that plan early on because I'm sure over time if a gambler really cares about their own safety they will continue to train themselves to be responsible gamblers.

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Quote from: Jaycoinz on June 22, 2024, 10:49:40 AM

Quote from: Fredomago on June 22, 2024, 10:37:18 AM

Quote from: michellee on June 22, 2024, 02:03:32 AM

Quote from: LDL on June 21, 2024, 06:52:15 PM

If someone takes gambling as a source of income without regular income or monetary income from any other source, he is guaranteed to live a very easy life. There is no guarantee that regular income will come from gambling, rather it is more likely that gambling will result in losses rather than profits most of the time. So of course, if a gambler plans to make a career in gambling, there is no doubt that the gambler will personally make a wrong decision. So I don't think gambling as a source of income is anything but foolish for now. If a gambler has more than one source of income then gambling can be considered as part of the source of income in addition to multiple sources of income. However, gambling should not be considered as one of the main sources of income.

There is no guarantee someone can use gambling as a source of income because that will not easy for them. Gambling known as a way to have fun and not as a source of income. If they still insist using gambling for that reason, they must prepare if they see the big lose.

It is better they search for the other way to earn income. They will have a big chance to have a source of income if they can gets work. If they can works smart and work hard, their income will be bigger.

They can only use gambling for have fun instead using gambling for the source of income. By doing that, they will not spends too much money unless they wants to wins the games. They must realizes that gambling is not the right way to earn money instead just use the money to gets fun.

Better to treat it as part of your entertainment as if you focus with earnings you might turn addicted and risk your finances, though there are people who use this venue as source of income, aside from those influencers there are also gamblers who manage to learn the proper ways of controlling their emotions and have that good capabilities in managing their funds, experienced gamblers who can handle the pressures and always in-line with how they set up their strategy and limitations.

One thing gambling and pressure is that sometimes you just lose it and go off to your comfort zone and before you know it you starts doing things that you have actually tried to stop just because you can't let go of maybe few loses that you enquired when playing and that's why having the thought of losing as a possibility is really helpful because you are never certain that you would always get profits when playing.

Having that inside you can prevent you to keep pushing for more, I mean if you understand both the risk and potentials, the chance of losing more than you can afford can be avoided, if you already have that acceptance inside you it's not hard to stop and quit, though it's always easy to say it but very difficult to execute when you are in the situation, especially if your adrenaline is pushing you to keep trying if you till got some money to top up.

piebeyb

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Quote from: Jawhead999 on June 23, 2024, 09:49:33 AM

At least if he can able to earn from gambling by spending 12 hours a day, it's better than underpaid job and you need to work for 14 hours a day.

I once had a friend who gambled very diligently and spent more than 12 hours of his time gambling, but he never got any wins, only losses and lost a lot of money there every day. In less than 12 hours, his money was gone, that's why it was so difficult to making gambling a source of income for living needs because gambling was created just for fun and only as a game for rich people who want to have fun with their money, but there are many poor people who hope for more than just having fun.

Actually, this is about the mindset of why we have to think and hope that gambling can be used as a source of income for people even though it is clearly impossible, even though we have a lot of experience in gambling, it doesn't mean that gambling can be used as a source of permanent income, even gambling experts still take the time to working in the real world to be able to finance his gambling and ensure that the gambling he plays is only a side money, nothing more than the main source of earning money, which in the end, most gamblers now become addicted to gambling and lose a lot of money and even waste their time.

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Quote from: Insanity on June 22, 2024, 12:42:31 PM

Gambling is fine for entertainment. But there are some people who have lost huge amounts of money to gambling. When one becomes addicted to gambling, gambling starts wasting money. I think when a person gambles excessively, he Gradually one becomes addicted to gambling. We have to be careful all the time so that we don't waste extra money on gambling.

If you have ever done online gambling, you might have noticed that when you are new to the game and at a small level, you are winning every game, and as you start playing the game, you start using more money. As you level up a bit, you start losing games, this is because at first they are playing you so you get used to it and start betting more, when you lose your big money, to get it back, you use more money and unfortunately, you lose that too, thus a person gradually grows into gambling and becomes addicted to it.

Gambling is just an addiction, in the beginning, you play only for fun and enjoyment, later you become in habit of it and after a long time, you have done so much damage that even if you want to quit, you can't quit. In the hope that I will play and cover all my losses, you keep going.

GxSTxV

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I will talk about my thoughts and experience about this matter, maybe it will help us understand more about the gambling industry. Well, first of all there are many types of gambling, that’s why we can’t answer directly to your question. Gambling in a casino, means you are playing against the casino, this industry of casinos, mainly dedicated to gather money and make profits from gamblers, most of the time and about 95% of gamblers would eventually lose, so my answer for this first type is no, we can’t make an income for lifetime.

Second category, is when gambling against other players, let’s take poker for example, this game is known all over the world, if you do a small research about the best players and how much did they earn, you will find out easily that this category is a way for people to make an income, however, it is a very risky and hard way to do it since it requires a lot of experience and skills.

In conclusion, gambling is a very large field and you cannot just expect that all the rules apply for it. People are smart to make everything from anything, that’s why there are many tricks in gambling, starting from cards counting to arbitrage.

Jawhead999

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Quote from: Accardo on June 22, 2024, 01:30:04 PM

Achieving gambling as a source of income is not impossible. It could be done, but the risk is high and would most likely affect the player emotionally and financially. Even with a detailed method of going through this, the player will still lose a lot. Doing this in an offline casino will make a player feel isolated and may not enjoy a full lifestyle with friends and family because he'd be busy gambling for almost 12 hours a day.

His free time would be to sleep or rest. Consistently gambling consumes lots of brain power. The only available time for the player would be for resting. As he'd want to stay ahead of the game, making out plans and strategies each day, understanding the house edge and how much he is expected of him to invest in the journey. It's quite a tiring source of income.

Then why the gambler need to gamble on offline casino? I don't understand how you can think like that when we're in online forum and promoting online casino. Fortunately there's auto bet when you gamble in online casino, you only need to set up the amount you bet and how many roll you want, so you can enjoy your life and gambling at the same time.

At least if he can able to earn from gambling by spending 12 hours a day, it's better than underpaid job and you need to work for 14 hours a day.

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Quote from: irsykes on June 22, 2024, 05:11:43 PM

regarding knowledge of the world of gambling activities, will have a strong character if you understand what is happening and not make it a priority. People who have this personality rarely have people with the awareness of taking small things for granted, and why wise people who gamble think so positively. choosing something that makes them among the visible parts of an addict's life a strong foundation is the key. so that the same thing doesn't happen

A wise people who gamble can thinks that gambling is just for fun. They will not trying to use gambling as a source of income because they knows that will not works for them instead they will lose much money. We can see many people trying to use gambling as their source of income but most of them lose their money. From what people gets in gambling, we should not doing the same things as them because we knows that gambling can not be a work or a source of income. We can treat gambling as a fun things so we understand that we should playing gambling by moderately and will not spends too much money. That will be better for us because we can enjoy playing gambling as the entertainment and we don't thinks gambling as a source of income because we don't wants to lose much money.

Jody.Drummer

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Quote from: irsykes on June 22, 2024, 05:11:43 PM

Quote from: Jody.Drummer on June 22, 2024, 11:33:28 AM

Yes, of course, because having a wise nature along with having and maintaining the ability to think based on a rational point of view is one of the keys to avoiding the bad effects of gambling, and that is what professional gamblers do, it doesn't mean they have managed to achieve many victories, but what is certain is that they already have a lot of flying experience so they already know the various actions that must be taken every time they are in a certain situation.

Of course, as you said, they will prioritize other activities that are much more important in their lives than focusing on gambling. Simply put and the point is that they are gamblers who most likely came just to look for entertainment without putting any hope or seriousness towards winning, and that is what is always recommended.

regarding knowledge of the world of gambling activities, will have a strong character if you understand what is happening and not make it a priority. People who have this personality rarely have people with the awareness of taking small things for granted, and why wise people who gamble think so positively. choosing something that makes them among the visible parts of an addict's life a strong foundation is the key. so that the same thing doesn't happen

Yes, like the experienced gamblers who already know about the good and bad of gambling so they do it according to their abilities, or that means not exceeding their limits along with applying a lot of caution that leads to precautions.

And of course they know that gambling is not an activity that should be prioritized in life, because from a rational point of view it does not make sense or is too risky to make activities that do not have any certainty and guarantee to be made a priority to do, they already know that in the end their fate will be the same as addicted gamblers who experience many bad effects.

I think if everyone is able to use their common sense and rational point of view from the beginning before getting too involved in gambling then I think it is less likely for them to end up with an addiction.

Topic: Can someone take gambling as a source of income to he/she life? (Read 2697 times)