Can someone take gambling as a source of income to he/she life? - page 19.

Zlantann

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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?

I have heard the word professional gambling several times and they are seen as people whose main source of income comes through gambling. When you search further, you will see that this set of people are those who have once been won big. Profession gamblers could also be seen as individuals who have full control over their gambling activities. Apart from those who have won big or have enough money aside to take care of their need, anyone who depends on gambling for survival will die of hunger. I might be wrong, but I am speaking based on experience. Most of the unemployed gamblers that I know ended up becoming beggars until they decided to get jobs. Gambling is an unpredictable terrain, which makes income from there unstable. And with an inconsistent source of income, survival will become a problem.

Cryptoprincess101

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Quote from: Davidvictorson on June 05, 2024, 10:44:16 AM

Quote from: Oshosondy on June 05, 2024, 10:29:42 AM

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 are more of investors than gamblers. 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.

I don't get your point here because are you trying to say that apart from gamblers that invests in a casino's bankroll that there are no successful gamblers doing real businesses outside gambling that becomes successful in gambling? to me those set of people are more of investors than gamblers because when we talk about gamblers we are actually referring to those who stakes their money in a casino game to also win higher amounts so those people can't take gambling as a source of income.

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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?

Yoir example seems like successful life with gambling as source of income is because the guy is still a student that doesn’t have family to provide financial needs. Besides, he has parents that supports him so evertjing will surely fine regardless if he lose but that doesn’t he will continue to live like this in the long run.

It’s impossible tp have a flawless run in gambling since all games has a negative expected value due to house edge. Even in poker which is possible to have positive expected value is only few manage to be successful in the long run.

Gambling is not a job to be use as source of income.

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Quote from: Oshosondy on June 05, 2024, 10:29:42 AM

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.

Findingnemo

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

If they can, they are the blessed child of God. It's not possible 99.999% of the time when someone tries to attempt to do that.

I knew people who gamble a lot but their income is not only from gambling, they work day jobs and even gamble their complete wage on betting with the hope of making it 10x or 50x but either way you are the one going to bite the dust cause house always has the edge.

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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?

I've tried a few times but I really can't, it's frustrating and you will end up losing everything you must know your limitations, and the fact about what gambling is if you fail to do that you will become a complete failure.
There are thousands of jobs that you can do to make a living and gambling is never one of them.

The only people who make a profit from gambling are gambling operators and promoters but as a player, you have no chance to win in gambling, there are temptations to make a profit especially if you tasted how is it to make money from gambling, but it's not happy day every day and there are more losing days than winning days.

Richbased

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Quote from: Oshosondy on June 05, 2024, 10:29:42 AM

No matter the situation someone is going through in life, the person should not think of gambling as a source of income. People that take gambling as a source of income are most likely going to regret it later. Successful gamblers are the gamblers that make money from real business and not from gambling.

Fact, anyone who chooses gambling as a source of income will live to regret someday because there is this mentality that is attached to gambling in the sense that when you are lucky to win it looks like the winning is gonna keep coming every day and by so doing, addiction begins and you can't do without gambling and will literally use money from other sources to fund your gambling which is to say that gambling can never or should never stand as a source of income.

People who succeed more in gambling are literally people that doesn't take it serious if they lose or win and these set of people have other jobs and businesses they do that gives them huge money so they just see gambling as part of having fun and in the process most of them even record huge wins because they don't take to many risks and they play according to how they can endure in a case of losses.

Odohu

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Gambling is a source of income for a greater percentage of gamblers but it is not ideal as an active source but passive source of income. As someone who believe that the primary motivation for a gambler is to make money, I still see gambling as a great source of passive income. Those who have won decent amount of money from gambling can confirm how helpful such wins can be and the quality of joy they bring. Unless as an agent, I will not advice anyone to make gambling a career because the winning is not regular and predictable.

Oshosondy

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No matter the situation someone is going through in life, the person should not think of gambling as a source of income. People that take gambling as a source of income are most likely going to regret it later. Successful gamblers are the gamblers that make money from real business and not from gambling.

Sakanwa

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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?

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