Can you make gambling a profession - a full time job - page 14.

Ever-young

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Quote from: iBaba on December 01, 2023, 02:22:59 PM

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

In my opinion? It's a big NO.
Considering gambling as a full time job involves lots of things, time, resources and other things. When I say resources I mean, you'll need to be keeping your bankroll high. We all know gambling isn't a instant get rich stuff, it's not certain you're gonna be constantly making profits on every game you stake, you loose sometimes and win sometimes, so what's the assurance that you'll always be on the winning side.

I know a few gamblers who leave their house in the morning, go to the casino and spend the whole day there loosing money, every single day, and maybe some days they make profits but never enough to cover for the losses. I've seen them and it didn't turn out well so I don't think it's a good idea...

Westinhome

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Quote from: ethereumhunter on December 02, 2023, 07:06:25 AM

This method could help him to make money from gambling and it seemed safer than gambling. He should be able to collect the money he gets from tips given by other people. But if he can't save his money and instead uses it for extravagance or lifestyle, it makes him unable to collect money from gambling. And that person should be lucky because he already has regular customers who expect tips from him so he can continue to give tips or he can even open a service to tell which horses have the potential to win. He could create a special group containing tips from him so he can be famous among the tipsters.

If you want to gamble as the full time job,it was not the easy task.Because the loss also possible one in the gambling site,if you suppose start the gambling with 1000 dollars in the gambling sites.Due to your bad luck you had loss the all 1k dollars in the gambling sites.Then to begin the new game in the gambling sites,you will need the capital again to play the game.So you will stuck in the middle because of no money available for the reinvest to the gambling sites.It's essential for the gambler to hold the certain percentage of initial for the future games.So you can mange the new game with the holding money.The gambler should keep the 20-30 percentage of winning money for the future game.

leonair

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Quote from: |MINER| on December 02, 2023, 11:24:34 AM

To be honest I have seen many similar topics or questions on bitcointalk forums before and the answer was that taking up gambling as a full time job would be nothing but stupid. This time my answer will be the same. No matter what is said about gambling, at the end of the day things depend entirely on luck. Yes, some tricks or hacks can be figured out with time, which can be profitable in some cases, but it will not bring steady income at all. It can also happen to face big losses. So I think to lead a good healthy life gambling should be taken only for entertainment purposes rather than as a full time job.

Gambling is completely luck dependent so I don't know how it can be someone's full time job. And job is where there is a fixed income for a certain period of time. And gambling is never a fixed income. So gambling cannot be compared to any job be it part time or full time. Gambling should be totally avoided if you want to live a happy life. And if you want to enjoy gambling then it should be used for entertainment purposes and not seriously

DabsPoorVersion

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Quote from: EarnOnVictor on December 02, 2023, 09:47:21 AM

Quote from: ethereumhunter on December 02, 2023, 07:06:25 AM

Quote from: Saisher on December 02, 2023, 06:52:18 AM

Quote from: iBaba on December 01, 2023, 02:22:59 PM

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

I have a friend who knows horse racing very much and he loves betting on horses, he did not get rich betting on horses but he makes money from giving tips to new horse racing bettors there are many gamblers like this, they have deep knowledge of a game but failed to hit a big jackpot because of lack of funds and they end up becoming a tipster and make a living from being a tipster, of course, his tips are not perfect because tipster has a cunning way to make his tips credible

This method could help him to make money from gambling and it seemed safer than gambling. He should be able to collect the money he gets from tips given by other people. But if he can't save his money and instead uses it for extravagance or lifestyle, it makes him unable to collect money from gambling. And that person should be lucky because he already has regular customers who expect tips from him so he can continue to give tips or he can even open a service to tell which horses have the potential to win. He could create a special group containing tips from him so he can be famous among the tipsters.

I quite agree with you but this is still subject to how good the guy is and how generous the gamblers are, to how much they are willing to part ways with to show love to that guy. This might not be an issue when you think lightly about it, but in reality, it is, gamblers are often greedy at times, especially if you have not charged them before they bet but later won the bet and started telling you stories. Well, one has to keep the right company and issue the service to those who are nice enough to appreciate him for the good job. And you know that such tips don't go to some kind of legal terms and conditions, which makes it more difficult at times unless those whom he gave the tips are just nice.

On second thought, the person who is not making enough money from horse racing, can he make much success with tips in this regard? I believe that those who really know an aspect of betting can easily make their way up no matter how little they start with, they only need consistency. And that is a good part of gambling, once you know it well, you make the money. For this, I still see some future challenges with this tip service of a thing.

Isn't it a common practice for every gambler to give a "tip" the same way we give tips to casino dealers? Excluding the amount they are willing for the tip and if they are a nice person, but in gambling it is a common practice to give tips as those kind of people is also working hard to provide knowledge to new horse bettors. It is like a way to acknowledge their efforts and share the winning with someone leading them to win.

A person who can't make enough money from horse racing can't provide accurate tips unless he builds up more experience, skill and knowledge by focusing only on knowing the most valuable things to consider in horse racing without betting and learning new things and finally understanding it in the long run, it is possible.

|MINER|

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To be honest I have seen many similar topics or questions on bitcointalk forums before and the answer was that taking up gambling as a full time job would be nothing but stupid. This time my answer will be the same. No matter what is said about gambling, at the end of the day things depend entirely on luck. Yes, some tricks or hacks can be figured out with time, which can be profitable in some cases, but it will not bring steady income at all. It can also happen to face big losses. So I think to lead a good healthy life gambling should be taken only for entertainment purposes rather than as a full time job.

Zanab247

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I can't make gambling a professional career, but I like gambling and I have budget $4 daily for betting for any game but I can never make it my full time job in the society. I gamble in form of entertainment because, it use to keep me busy for watching some sports games that will make me to know how come of their results of a particular team and to know if the bet I set for the game has enter or not before thinking on how to go out for flexing.

I will not advice any gamblers to make gambling a full time job because, it will push such person to sell her parents property or sell her things that are dear to her just to gamble and such person if she fail to win some thing big from the gambling in a week, she will regret for making gambling a full time job.

n00ber

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Play gambling happily and with a comfortable mind. Don't turn it into a job to make money Because it's not possible to make a steady income from gambling. I try to restrain myself from becoming addicted to gambling, which is very difficult to do. Don't say gambling is a career. Even if I'm lucky in gambling, I can't do this.

I think this is the thinking of people addicted to gambling. They cover up their addiction by saying that gambling is their job to make money.

EarnOnVictor

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Quote from: ethereumhunter on December 02, 2023, 07:06:25 AM

Quote from: Saisher on December 02, 2023, 06:52:18 AM

Quote from: iBaba on December 01, 2023, 02:22:59 PM

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

I have a friend who knows horse racing very much and he loves betting on horses, he did not get rich betting on horses but he makes money from giving tips to new horse racing bettors there are many gamblers like this, they have deep knowledge of a game but failed to hit a big jackpot because of lack of funds and they end up becoming a tipster and make a living from being a tipster, of course, his tips are not perfect because tipster has a cunning way to make his tips credible

This method could help him to make money from gambling and it seemed safer than gambling. He should be able to collect the money he gets from tips given by other people. But if he can't save his money and instead uses it for extravagance or lifestyle, it makes him unable to collect money from gambling. And that person should be lucky because he already has regular customers who expect tips from him so he can continue to give tips or he can even open a service to tell which horses have the potential to win. He could create a special group containing tips from him so he can be famous among the tipsters.

I quite agree with you but this is still subject to how good the guy is and how generous the gamblers are, to how much they are willing to part ways with to show love to that guy. This might not be an issue when you think lightly about it, but in reality, it is, gamblers are often greedy at times, especially if you have not charged them before they bet but later won the bet and started telling you stories. Well, one has to keep the right company and issue the service to those who are nice enough to appreciate him for the good job. And you know that such tips don't go to some kind of legal terms and conditions, which makes it more difficult at times unless those whom he gave the tips are just nice.

On second thought, the person who is not making enough money from horse racing, can he make much success with tips in this regard? I believe that those who really know an aspect of betting can easily make their way up no matter how little they start with, they only need consistency. And that is a good part of gambling, once you know it well, you make the money. For this, I still see some future challenges with this tip service of a thing.

RockBell

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Quote from: Kavelj22 on December 02, 2023, 07:17:16 AM

Theoretically, it is in no way possible to practice gambling as a job, since it is a practice whose success depends on luck. No one is always lucky. The rule says that gambling is either for entertainment or as a result of addiction as a pathological behavioral habit.In general, you will not find anyone who advises you to have an income that is subject to the odds of luck.

There are exceptions. If the gambling takes place on one of the games that is not subject to the factor of luck alone, then it is likely that the gambler will succeed by using his own skills. Let's say, for example, that someone is good at playing chess and is able to win bets playing chess, then he is most likely able to do this as a job. There are many of them in the arenas of major cities who make money from betting on their chess matches.

In addition to this, there is no way gambling can be a job because you can not rely on gambling to feed and it is not easy if you are on a payroll, if you work as an agent we know that you benefitting from the company directly, but as a bettor, it will be only when winning that you will have access to does funds, yeah and the option of how you take it is in the hands of the bettor either you choose it has entertainment or another addiction, and if you have a job and you always busy you will only have limited time to even place bets it will be once in while, and there are people who might be lucky of always winning but you won't place your life on that and take gambling or rather subject of luck to be what you will depend on, and anyone that is addicted they should get the person a job to do am sure the addition will gradually leave the person.

Solosanz

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Why you need to ask the community when it comes to experience?

If you or someone else can make money continuously through gambling, why not? it doesn't make sense if you can make money unlimited and ask other users, should I stop it or not? lol.

From my experience, I can't make money through gambling, so I can't use gambling as my full time job.

boltz

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If you can make it ? There are already tons of people doing this already and I think it's the worst hobby and job one can have as in my opinion having a betting job is really just another word for full addictive player towards gambling.

What is really sad about this is that if I enter here in my country into a betting store , I will see young persons around 18-19 years old gambling from day to night there , hoping they will get rich or at least gather a few extra money so they can bet again tomorrow and it's sad. Same things goes to old people because my country is so poor that the elders are now trying to earn extra money by buying lotto tickets or something similar...

Rabata

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Quote from: iBaba on December 01, 2023, 02:22:59 PM

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

Although there are many gamblers who are well versed in gambling, it is difficult to consider gambling as a profession. Because many gamblers may think of themselves as experts but they don't envision it as a profession. Because gambling is not guaranteed to win or lose. But many make their living through gambling. It is definitely difficult to think of gambling as a career as it is uncertain. I would never dare to think of this as a career if I didn't have a regular income. I am currently gambling but not much of an intention to get more. Because I know today's victory can be a reason for tomorrow's defeat. I hope to gain from this platform but have no intention of doing anything with the money.

AbuBhakar

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Quote from: iBaba on December 01, 2023, 02:22:59 PM

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

This is only possible if you already have enough capital that will cover your gambling activities for many years until you become stable. I believe gambling can be done full time since there’s a skill based gambling based such as poker and sports betting. But this is only possible if you are gifted with good set of skills dedicated for gambling.

There are many suers that is successful on sports betting due to their dedication and analysis skills. I believe doing this full time is really possible if the person has enough capital to do it.

bitbollo

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Quote from: Kavelj22 on December 02, 2023, 07:17:16 AM

Theoretically, it is in no way possible to practice gambling as a job, since it is a practice whose success depends on luck. No one is always lucky. The rule says that gambling is either for entertainment or as a result of addiction as a pathological behavioral habit.In general, you will not find anyone who advises you to have an income that is subject to the odds of luck.

There are exceptions. If the gambling takes place on one of the games that is not subject to the factor of luck alone, then it is likely that the gambler will succeed by using his own skills. Let's say, for example, that someone is good at playing chess and is able to win bets playing chess, then he is most likely able to do this as a job. There are many of them in the arenas of major cities who make money from betting on their chess matches.

There are some sites that charge big fees to each win if a player win more than a certain amount (Betfair Exchange).
Of course of full of people doing as professione, its not a mistery and they dont rely only on luck , but play with certain instruments and instructions that allow them to overperform Wink

Kavelj22

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🔃EN>>AR Translator🔃

Theoretically, it is in no way possible to practice gambling as a job, since it is a practice whose success depends on luck. No one is always lucky. The rule says that gambling is either for entertainment or as a result of addiction as a pathological behavioral habit.In general, you will not find anyone who advises you to have an income that is subject to the odds of luck.

There are exceptions. If the gambling takes place on one of the games that is not subject to the factor of luck alone, then it is likely that the gambler will succeed by using his own skills. Let's say, for example, that someone is good at playing chess and is able to win bets playing chess, then he is most likely able to do this as a job. There are many of them in the arenas of major cities who make money from betting on their chess matches.

ethereumhunter

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Quote from: Saisher on December 02, 2023, 06:52:18 AM

Quote from: iBaba on December 01, 2023, 02:22:59 PM

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

I have a friend who knows horse racing very much and he loves betting on horses, he did not get rich betting on horses but he makes money from giving tips to new horse racing bettors there are many gamblers like this, they have deep knowledge of a game but failed to hit a big jackpot because of lack of funds and they end up becoming a tipster and make a living from being a tipster, of course, his tips are not perfect because tipster has a cunning way to make his tips credible

This method could help him to make money from gambling and it seemed safer than gambling. He should be able to collect the money he gets from tips given by other people. But if he can't save his money and instead uses it for extravagance or lifestyle, it makes him unable to collect money from gambling. And that person should be lucky because he already has regular customers who expect tips from him so he can continue to give tips or he can even open a service to tell which horses have the potential to win. He could create a special group containing tips from him so he can be famous among the tipsters.

bitbollo

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This is a topic we have discussed several times here on forum. if we talk about sports betting or financial betting it is clear that it is possible to create a career...instead if we talk about a career related to casino odds are not helping the gambler Roll Eyes

there Is no career Grin

BTW like all professions this requires commitment, dedication, study, investment... I am bit skeptic its a rewarding career "more" than a classic work like a medicali doctor or some high skilled job

DubemIfedigbo001

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Quote from: un_rank on December 01, 2023, 02:30:48 PM

You can, but should not.

You should not leave your income source up to probability with no assurance, stability or job security. This is the same reason I will advise caution to anyone investing in any asset regardless how reliable it is, cause there are to many factors out of your control.

Gambling is best taken as a recreational activity and not to be depended on as a means of livelihood.

- Jay -

He shouldn't even think about it, its not to be taken as a profession because he had some lucky day possibly and he starts feeling relaxed and continue trusting in the outcomes thinking it will be green all the time. Gambling has good and bad sides, the good side is monetary and the bad side lingers for longer. When addiction sets in, he would be reduced to zero, there have been scenarios where people sold their houses, cars and power serious debts credit to gambling addiction.

Your got it right, he can, but he shouldn't. The repercussions can be extreme.

Saisher

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Quote from: iBaba on December 01, 2023, 02:22:59 PM

I'd like to clarify that this topic is distinguished from businesses or entrepreneurs involved in gambling as businesses, such as casino companies, etc., but with a focus on gamblers. I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

I have a friend who knows horse racing very much and he loves betting on horses, he did not get rich betting on horses but he makes money from giving tips to new horse racing bettors there are many gamblers like this, they have deep knowledge of a game but failed to hit a big jackpot because of lack of funds and they end up becoming a tipster and make a living from being a tipster, of course, his tips are not perfect because tipster has a cunning way to make his tips credible

Quote

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

Many experts in gambling platforms made a shift from players to becoming part of the sports they love and reached a level of expertise by becoming tipsters, and managers, but if you say a career as a player I don't think it's easy and very few have reached to that level while majority of gamblers are struggling to be one.

rhomelmabini

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Quote from: iBaba on December 01, 2023, 02:22:59 PM

I know there are many people who regard themselves as professionals at playing gambling games, but do you ever think that one can make gambling a full-time job and career because of his or her deep knowledge of the games? Can someone bet with little or no loss because it is one of the most unpredictable games to play?

But, in a broader sense, can you make gambling a career path, abandoning all other sources of income to focus entirely on it?
If so, why?
If not, please advise!

I guess yes. Can we agree that those streamers who stream are professional and they make as their career? I don't think you'll be at a little loss if you're into gambling, it's more like a roller coaster ride as well, you lose hard sometimes or you make it at breakeven. For me, don't make it full time, maybe make it a part time where you can work on other things. These days having multiple stream of income was sometimes a priority to most.

Topic: Can you make gambling a profession - a full time job - page 14. (Read 2239 times)