As a main source of income? I don't think so and even others are fortunate to be lucky and win a decent amount, we know that's not the case for majority of gamblers. Therefore it's quite hard to make a living just by relying entirely on gambling. The reason why we often advice the gamblers to only use a spare money and have less expectation.
Gambling is not the answer to earn a stable income (that's the fact). If you're motivated that you can do it just because you see others won and became an instant rich, don't think the same fate will also happen to you because luck is still a major factor to win.
Topic: Can someone take gambling as a source of income to he/she life? - page 15. (Read 2675 times)
Theoretically, gambling can be a source of income, but it should not be be a primary, and person should accept the fact of instability of such income. In addition such source require constant investments. Gambling definitely is not a job, but a person can always test luck in daily or weekly poker freerolls. Anyway, I would not recommend to expect to earn from gambling much.
Even when gambling can't be a source of income, unless you are one of those who are good at cheating in all kinds of gambling, then it can be said that for a gambler who is a cheater,
it is a source of income, right? But if we are just ordinary gamblers, it really cannot be.
Maybe for other people who get a jackpot in gambling who are just really lucky, they can say that this is a possible source of income, but for gamblers who don't often win gambling,
I don't think so.
The proper answer to your question is no, it is very unpleasing and a bad reason to gamble. Gambling should never be taken as a source of income, gambling is something we do for fun despite with the intentions of wanting to get profit but that does not mean we should depend on it in order to take care of our bills and needs. There is no certainty of winning any gambling participation so why risk our finance into something that has lesser probability of working out.
sometimes why people get involve of taking gambling as their source of income, maybe they've a problem or they've heard of some testimonies from somewhere else. All gamblers are aware that their is no certain of winning in gambling, and they all knew that it's a game of risk and luck so for me before they make gambling as their source of income, their is something that triggers them taking gambling so far. Some it wasn't their intention but with the process they get so addicted that every day of their life's they gambles. And your answer isn't bad towards the question. copper member
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Theoretically, gambling can be a source of income, but it should not be be a primary, and person should accept the fact of instability of such income. In addition such source require constant investments. Gambling definitely is not a job, but a person can always test luck in daily or weekly poker freerolls. Anyway, I would not recommend to expect to earn from gambling much.
What theory you are using that concludes that gambling can be a source of income? It needs to provide a regular supply in able to be considered as source of income which is not possible on gambling since it has a house edge which is many times being brought up and discussed on this board.
There’s no way a gambling with -EV can give a regular supply of money for income. Maybe the other way around, We as players can be a source of income by the casino through gambling.
There’s no way a casino will let users get consistent profit and milk from them in long term.
Theoretically, gambling can be a source of income, but it should not be be a primary, and person should accept the fact of instability of such income. In addition such source require constant investments. Gambling definitely is not a job, but a person can always test luck in daily or weekly poker freerolls. Anyway, I would not recommend to expect to earn from gambling much.
I see gambling more as entertainment and dopamine satisfaction than as extra income or investment. Gambling is accessible to anyone, but only those who can afford to lose, after many attempts and losses are able to win more than they lose at the game. These are games that require more of the player's skills and knowledge than those based on luck.
Gambling requires luck as well as gambling experience. If you have good gambling experience, you can win most of the gambling games. And those who are new to gambling often face losses due to their lack of experience. Again, if someone has too much If you gamble then you are more likely to lose the time gambling because overtime gambling is more likely to make wrong decisions resulting in higher chances of winning and losing. 
Anyone that is using gambling as job is hopeless, because gambling gives false hope and waste your time. I will call them lazy people and they will die wretched if they don't come back to their normal senses and look for a job to do. Gambling is unpredictable, and another reason is that if you win big today since you have taking gambling to be a job, you will spend the money without caution believing that you will win tomorrow.
it's not just laziness but an high level of nonchalant attitude that can only come from someone that has no plan for his life. Do you just work because you want to be able to feed yourself and that's it? What happen to creating a good stream of income outside of gambling that can generate money for you even while you're not working? Anyone that's relying on wining in a gamble as his only source of income will only end up eating from hands to mouth. It's no doubt that some lucky individuals have won huge amount of money through gambling but if you don't have a single plan regarding what you're going to put the money you've won into, at the end of the spending it out, the only option you will be left with wull be to go back into gambling to recovering the money and then continue tye circle almost the same way.I've seen lots of youth who makes it there lifestyle to always depend on gambling as a major source of income and the end product of such decision is always addiction.
~ 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?
What kind of gambling your friend was doing? If it were some purely luck-based games, and I'm almost sure that that was the case, how could he make profits consistently? It's impossible. The most likely scenario is that his parents were sending him $200, he was losing $100 to gambling, and was buying a big bag of foods with the rest of the money most of the time. I mean, of course, he could win in one day or another, but he couldn't be winning constantly.
Also, everyone here will tell that trying to increase money by gambling is not actually a good idea.
Anyone that is using gambling as job is hopeless, because gambling gives false hope and waste your time. I will call them lazy people and they will die wretched if they don't come back to their normal senses and look for a job to do. Gambling is unpredictable, and another reason is that if you win big today since you have taking gambling to be a job, you will spend the money without caution believing that you will win tomorrow.
Gambling should be done for pleasure at our own leisure time, and not what we take personally to the extend that we are looking for how to survive with gambling. Addiction will be the case, because you will gambling everyday and a time will come that you will not have money to gamble, because you are not working and at the same time ha e lost all bankroll. These set of gamblers are the ones that will start taking loans and selling their properties. If a rich man can get reckt in gambling, then what will happen to you that don't have a job.
Gambling should be done for pleasure at our own leisure time, and not what we take personally to the extend that we are looking for how to survive with gambling. Addiction will be the case, because you will gambling everyday and a time will come that you will not have money to gamble, because you are not working and at the same time ha e lost all bankroll. These set of gamblers are the ones that will start taking loans and selling their properties. If a rich man can get reckt in gambling, then what will happen to you that don't have a job.
I mean, just use your common sense.
Even we know house edge makes the casino will always win, but if someone can overtake the house edge, why not? it's easy to track if you win or lose, always record all of your deposits and amount you've withdraw. If the amount you withdraw bigger than your deposits, you're in profit and if the amount can reach your monthly cost, you can live by gambling.
Rather than asking whether it's possible to take gambling as a source of income, I'd want to see who can live just by gambling.
Even we know house edge makes the casino will always win, but if someone can overtake the house edge, why not? it's easy to track if you win or lose, always record all of your deposits and amount you've withdraw. If the amount you withdraw bigger than your deposits, you're in profit and if the amount can reach your monthly cost, you can live by gambling.
Rather than asking whether it's possible to take gambling as a source of income, I'd want to see who can live just by gambling.
Never compare yourself as a Worker than those people who is jobless but still manage to gamble because
for sure they are either in credit or doing crime just to sustain their gambling habit because there are no complete
winning and not gonna fed your family from gambling.
though there are some who are as expert in gambling that manage to live even luxurious life through
gambling but remember that this is just a small count of people that managed living than those losers.
Yes, usually gamblers who use gambling as a source of income usually don't have a job and are unemployed because their time is only spent gambling, it doesn't matter where the money they get from gambling is either committing a crime or through loans, the point is that there are no gambling experts who are good at making money. money all the time even though he is part of the casino owner, after all it is difficult to beat the dealer especially if you only rely on games in the casino such as slots where winning depends on luck.for sure they are either in credit or doing crime just to sustain their gambling habit because there are no complete
winning and not gonna fed your family from gambling.
though there are some who are as expert in gambling that manage to live even luxurious life through
gambling but remember that this is just a small count of people that managed living than those losers.
I think we all know that gambling should just be for fun and as entertainment nothing more than that, only people who live alone can gamble every day and earn income from gambling, I have a friend too, he is like that, he always hopes to win when gambling. because he has lost a lot of money, in the end he is currently in prison due to legal problems and committing crimes, therefore stop thinking that gambling can make money, it is clear that it will not be possible.
Successful gamblers are the gamblers that make money from real business and not from gambling.
Specifically these so-called successful gambler which you have described are those who invest in the casino's bankroll. They do not play slots, poker, roulette and expect a big win.They are more of investors than gamblers. They give the casino money to run it's operations and pay winners. Therefore when the casino makes money they also make money. This is gambling business serving as a source of income and not the activity in itself.Because gambling is a lucrative industry where they make more money than what they pay out, the owners and investors can make it their sole sources of income, but it's very unfavorable for the gamblers that bet their money to make it a sole source of income.
It is highly unlikely for an average person to make gambling a consistent and reliable source of income. Some people can have short term success gambling is based on chance and luck, making it a risky and unpredictable venture.
Most people who attempt to make gambling their main source of income end up losing more money than they earn. It’s important to approach gambling as a form of entertainment rather than a means of making money.
I don't even know why someone would even think of making gambling as a source of income, I mean there is absolutely no certainty to what will happen the next minute with your gambling session so you relying on that is completely absurd and should I say share stupidity to have such mentality. Like you said success rate is never assured on every gambling session so their is absolutely no way to make this as an ends means.Most people who attempt to make gambling their main source of income end up losing more money than they earn. It’s important to approach gambling as a form of entertainment rather than a means of making money.
If someone can understand well what gambling is then they will be able to find out how difficult it is to get lucky to win and how big the chances of losing are, risk is always present at any time when someone has started gambling and this can give unimaginable bad results.
Basically, gambling is place to spend money, not to make money, so those with the mindset of being able to use gambling as source of additional income, then as time goes by they will feel that losses are felt much more than profits.
It cannot be denied that there are still many people who think they can make money from gambling and try to make gambling source of income, this kind of attitude cannot really be eliminated and gamblers with goals like this will also continue to emerge.
On average, beginners are gamblers who have the goal of making money and they will only realize that what they did was mistake when they have experienced bitter experience that cannot be easily accepted.
What do we mean by source of income? A source or sources where we generate money for our upkeep on a daily basis. To live a moderate lifestyle, these sources have to be reliable and consistent else you'll live a miserable life if the source seized to be productive. Now, let relate this to gambling, do you think gambling can stand in place of this source of income? I know gambling is some time favorable to us that we may think of making it a source of income but our mind changed once we encounter some streaks of loses.
Winning in gambling is not always guaranteed and making it a source of income simply means that you don't have a reliable source of income. This could result to having a mixture of good life when you win and a terrible life when you are not winning. If one think they can survive for as many days as it takes for them to win, then they can make it their source of income.
Winning in gambling is not always guaranteed and making it a source of income simply means that you don't have a reliable source of income. This could result to having a mixture of good life when you win and a terrible life when you are not winning. If one think they can survive for as many days as it takes for them to win, then they can make it their source of income.
If you ask me, I would say that it may be that those people you saw there don't come every day but you may have met them repeatedly or often times and such coincidence may occure to you that their life dipends on gambling everyday, but it may not be as you Think. Although I don't disprove the fact that people don't gamble everyday. My only advise for every gambler out there is never to gamble everyday otherwise such person will go bankrupt. In as much as gambling is good to try lucky and have fun, we should not over do it otherwise it will affect us negatively. Gambling is good but we should play with caution.
I was gambling today online since their is strike no work, so decided to take all my day to place a bet and this thought comes to my mind. That is it how the jobless men do gamble all day with the little money they've, because this is insane to me but to those people who gamble as the means of their income it's terrible. I rememberd a friend of mine back in the days in school all he does was to gamble all day not going to class, and the gambling favors him alot any time he comes to the hostels he do comes back with a big bag of foods. But that was back then his parents was sending him money, but right now with the economy situation in some countries someone will haven a little money meanwhile he/she have gone alot stress to get the money and he/she will tries to increase the money by gambling. Everyday he/she continues like this hmmm it's bad.
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?
If there is someone out there making profits out of gambling then that is good for them, after all it is not easy at all to accomplish this task as they literally have everything against them, however it is because of this that I would not recommend such a lifestyle to anyone, as most of us are used to get our salary each month and we can plan accordingly, but a person that has become a professional gambler does not have that luxury, and they could spend months or even a year losing money before things change for the better.
I'm very confident that it's the same with trading. Everyone wants to gamble on their favorite shitcoins, and trade their way into making "millions of U.S. Dollars", buy a nice car, and get the girl of their dreams, BUT merely the top 10% of the smartest and most hard-working active day-traders actually make it. The rest of us are left and still are the plebs in they community. That's why the best path forward for us is to accept the the slower journey and simply buy Bitcoin, and HODL.
You can, but that doesn't mean you should. Can you guarantee that you'll make enough to make ends meet? Probably not, and what's going to happen if you don't? You're seriously contemplating whether or not it's a good idea to base your livelihood on luck-based games? It's irresponsible to even think about it. Gambling may be profitable for short-term profit, but you cannot make a living through it. Maybe some people have managed it, but there are only a few, while 99% of those who attempted it ultimately ended up losing more than they've earned.
It's your call, is it worth the risk?
It's your call, is it worth the risk?
Well using gambling as your source of income is never a good decision for someone because once you do that you are going to end up being useless in life, although once you make gambling as your source of income you will notice that your possibility of wining a gambling bet we very slim why because you have already put in your all mind that at the end of the day that you are going won a bet.
Trust me it is not worth trying mate.
Have had this gambling addiction or should I say super active gambling in the past that sometimes I even skip my work just to sustain my gambling desire.
yeah Sometimes I win but most of the time I lose , yeah I can take home big time but the continuity will be losing so what is the sense of doing such when the gain is not even enough to feed yourself rightfully .
so my answer is NOPE , this cannot be a source of income in daily basis.
Have had this gambling addiction or should I say super active gambling in the past that sometimes I even skip my work just to sustain my gambling desire.
yeah Sometimes I win but most of the time I lose , yeah I can take home big time but the continuity will be losing so what is the sense of doing such when the gain is not even enough to feed yourself rightfully .
so my answer is NOPE , this cannot be a source of income in daily basis.
Never compare yourself as a Worker than those people who is jobless but still manage to gamble because
for sure they are either in credit or doing crime just to sustain their gambling habit because there are no complete
winning and not gonna fed your family from gambling.
though there are some who are as expert in gambling that manage to live even luxurious life through
gambling but remember that this is just a small count of people that managed living than those losers.
for sure they are either in credit or doing crime just to sustain their gambling habit because there are no complete
winning and not gonna fed your family from gambling.
though there are some who are as expert in gambling that manage to live even luxurious life through
gambling but remember that this is just a small count of people that managed living than those losers.
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