Topic: Can you make gambling a profession - a full time job - page 9. (Read 2239 times)

You are right. Gambling cannot be something as simple as a job. The main reason gambling exists is for entertainments. On one side we are having fun on the other side we are making money. With all the risks, possibilities, consequences it cannot go compared with a stable full time profession. Your friend made the right choice. I also suggested this. Rather than gamble away all the money one could start a small business with the gambling money. It may be less profitable but it's also less risky. If you are qualified enough a business could have a huge potential.

That's a fact but strangely not all gamblers can accept the statement of fact that really happens very often especially to those who are always excessive in their involvement. This is a business that generates fantastic income for the bookie, lately I often see some small gambling situations caught by the authorities, after being traced and interrogated it turns out that they can generate millions of dollars in turnover in just a month, isn't that huge? of course, and than the bookie can get that money? obviously from the many stupid gamblers who always bring the wrong mindset as it comes to earning.

Indirectly gambling is a brainwashing activity for those who are very careless, casinos are very smart in terms of attracting more audiences, 10x losses in exchange for only one win, isn't that unbalanced? obviously, but gamblers don't realize about it, the point is for them when they get a win it means everything is fine, if they look at the records I think they will be quite surprised when they find out that the amount of winnings is much greater than what they got at that time. It's all just because of wrong thinking and excessive expectations, they can't consider that gambling is a place of fun, it's because their focus is more on the "odds", when there are no guarantees.

No guarantee at all, if there's someone who can manage it's a small percentage for sure, we won't see a lot of gambling businesses if gambler can take advantage of the services, instead, gambling owners are the one who really taking advantage of people who are involved with gambling, they are being allure of things that they misconceptions regarding to gambling.

It's a tough competition between your knowledge and emotional control, with that capabilities chances to earn is not by far but if you can't deal with it, better to treat gambling as a source of entertainment instead.

Of course, what you are saying is a true fact about the concept of gambling, where there are only two answers at the end of the session, namely winning and losing and the other thing is that there is absolutely no guarantee for anyone to be able to get a win especially consistently, so with that then we can conclude that gambling is really not recommended to be used as a place to find the main income, it is too absurd and if anyone opposes statements like this then maybe I say they are nothing more than fools whose brains and minds are not healthy.

What is meant by the main income is where someone must always produce because to cover the needs of his life or even his family, simply put is if there is a need then there must always be money, while on the other hand there is absolutely no guarantee for you to be able to get consistent results every day, not only that because I make sure instead of getting money but what happens is that you lose a lot of money.

Gambling is an uncertain win-lose betting field.There is no guarantee that anyone will win a single bet. So it doesn't cross my mind whether this non-guaranteed gambling should ever be preferred as a major source of income. If there was a possibility of monthly or weekly profit from gambling then it could only be taken up as a profession or a job. But there is no guarantee that you can win from this gambler's bet every day. If you win one bet there is a chance of losing the next so this uncertain income should never be taken as a part time or full time job.

No casinos are bankroll managers, in a sense they are financial managers. They calculate the odds, limit the stakes and make sure that no bets can be placed that will make them go broke in case of an extremely unlikely outcome. They are tweaking the parameters such that they can't lose in the long run. Now the most important task they have to do is to optimize their system in a way that these events can't happen where they could go broke. It is software and expertise, but I doubt that the operators are "professional" gamblers. They may hire very experienced people to make sure they catch all loopholes and discover potential exploits if something is running against them.

You've just explained how gambling works and how you can profit from it by exploiting uncertainty. Why would someone make something a full-time job and rely on it for all of their daily expenses when the outcome is uncertain? Gambling is a game of chance, and the outcome is either 1 or 0. In a broader sense, a zero value is always more obvious than a 1 value, which appears only occasionally. I am not even sure that casinos are professional gamblers; when it comes to the uncertainty of the outcome of a true event, it is almost certainly unpredictable by many, including those who own gambling businesses. I will not and won’t advise anybody to take in gambling as their full time job and source of income.

There’s a skill based gambling that can give consistent profit for players with exceptional skills like in poker and sportsbet. There’s many gambler that do this full time career since they can minimize the risk through their analysis skills.

But this is impossible to attain with the typical gambling games such as slot that is just pure random.


It’s like trading, not everyone can win since it’s a player vs player but still some people can do trading as a career. It’s same with skill based gambling which is player vs player too.

Gambling can never be a career because Notting is certain in times of gambling and however the only thing we can consider to be our career is something we are sure of generating income either daily or monthly, so gambling can never be considered as a daily, weekly or monthly income generator because there is every possibility that someone could stay up to two months without wining a single game so if perhaps you depend on the gambling to survive how would you take care of your needs when you have not won a bet  for two months?

I no that there are people who are seriously benefiting from gambling but that doesn't mean that gambling can favour everybody.

Can you tell me how many people you know personally whose lives have changed after becoming a professional gambler? Assuming that there are as many of them as you claim, can you tell us the time it took them to reach financial stability? I see that this is not logically possible for the reasons I explained in my previous comment.

The second idea in your comment refutes the first idea and warns of the futility of making gambling a major activity, even if there are people whose lives have actually changed accordingly. If someone's life changed in this way, it is pure luck and cannot be the result of taking up gambling as a profession.

It should be like that, but gamblers generally apply this mindset in their gambling.

Your mindset will change when it comes to money. That's where the hardest part is for gamblers to control it so that emotions come out which makes them complain when they lose a lot.
The mindset of gambling to be enjoyed, not as a source of income, must be instilled from the start - before he starts gambling.
Even better, before gambling, the gambler must know all the risks involved in gambling so that the application of this mindset is strong when he becomes an active gambler.

That's roughly my understanding of gambling based on other people's experiences that I apply now.
Complaining is a sign that you are not ready to gamble.

The answer is no.
The reason: the basics need to be understood well.

In the world of gambling, events, factors and so on that are often felt and occur include: winning and losing, in gambling there are consequences that are felt and can happen unexpectedly, So gambling is not an activity or action that can be done and used as a profession or job, the risks can be dangerous.

All actions where money is wagered have a risk value, the point is that gambling is not a solution to be considered as work.

These words should be able to be instilled in many gamblers in their mindset, whether they are beginners or gamblers who have become addicts, if only they think of gambling as just entertainment and looking for fun, I don't think there will be many people who will complain about their losses and those who they shared that their experience was full of fun when playing gambling.

People who gamble for money usually often complain about their losses and in the end they go bankrupt and then blame the casino which has actually given them pleasure in the games provided, if only the gamblers knew how to gamble in the casino maybe they wouldn't be so obsessed with looking for it. Big wins from gambling, my advice for beginners is to occasionally try to make gambling just for entertainment and have fun, limit the budget with money that is not used. I'm sure they will enjoy playing on the gambling site.

I don't think I can make gambling a path to a career that can generate income as a gambler. I also cannot abandon other sources of income and focus on gambling even though I still live alone without any dependents such as children and a wife as a husband.
I still have a very short time in gambling as an active gambler, but from the experience of other active gamblers I learned that focusing on gambling as a source of income does not work.

I am a gambler, but not a gambler who is classified as an addicted gambler. I only bet on football bets which I do for fun while enjoying team matches.
Occasionally I play slots and I also do that just to get rid of boredom due to college assignments.

So there is no advice I can give other than what I got based on the experience of gamblers who have retired or quit due to bankruptcy.
Gambling games are to be enjoyed, not to be a source of income.

I can answer that I can't. Gambling is something uncertain. You risk your money to win and besides that there is a possibility that you will lose. You can't make that one of your sources of income. I think making gambling a game is a wise choice. We can have fun in it. We gamble the money we use as part of our spending for fun. If you win, you are cool. And If you lose, you won't be addicted because you just want to have fun there.

But I was interested in a story from a user: https://bitcointalksearch.org/topic/m.63253886
His friend changed from being a gambler to opening a slot machine business because he was really interested in and learning about slot machines. Basically he doesn't make gambling his job. But because of slot machines he got good job/business.

That is a firm answer, but it is true what you say that we cannot make gambling a full time job because we have to think about how much money we have to use to make money where the results will not always be what we want. We may be able to make money, but the amount of money may be less than the losses we will experience. And we are already risking our family's future by using more money to gamble. Rather than taking bigger risks by making gambling a full-time job, we should try to find a job that can pay us so that we can actually make money from that job. By getting that job, we can make it a full-time job, but we can also still look for additional work that can function as a part-time job so that we can get additional income. That would be better than taking the risk of making gambling a full-time job. And we won't lose money to make money either.

What aspect of financial challenges are you expecting? Is it negative or positive growth because there is no guarantee with being a professional gambler. No doubt that you would also be making some profit but he will also be losing big because he will have to stake higher. I believe maybe streamers can have probably a steady outcome either they are in collaboration with the casino but to be a independent professional gambler doesn't have a guarantee of financial break through.

Without any doubt NOOO. You cannot make gambling a profession let along a full time jobs. Full time jobs have a fixed amount of work a fixed amount of payrate or salary. A amount that helps one sustain himself and his family. A stable income. But gambling is not anything near stable. It is played totally based of luck. Can you effort to risk your own future, your families future, your loved ones future? Nobody would. So instead of trying to be a professional gambler or making it as a full time job you should use that gambling money for other business plan. If you wanted you could be entrepreneur who sets up his own business. It has much more higher potential than gambling. So you should reconsider if you wanna make gambling a profession.

Yes, maybe that's true, but there must be some professional gamblers that we don't know and are difficult to find, basically the chances of winning will always go hand in hand with the risk of losing and even for the risk is much greater, but strangely and it seems that people who come with the wrong goals and mindset seem to think that there are only winning opportunities that are more prominent than the risks, maybe that misconception makes them continue to play to realize their expectations which if in common sense it is too impossible.

The professionals already know all the conditions that are there so that makes them have to be more careful and they have a pretty good way like you said by combining skill, intelligence, strategy and luck, it will really work if they do get lucky, but if not I think they will not force it because of course prevention will be prioritized. On the other hand I think there is nothing wrong for us to make them a good example, if we cannot leave our gambling activities then at least we are able to maintain our awareness in every gamble or follow the way they do, you can find indications that if you are unlucky there will definitely be some losses that you experience and in that condition do not get carried away and better be more assertive in trying to achieve full awareness. Because usually people who suffer big losses start from disappointing results and then they force it when there is no luck at that time.

Gambling mostly involves luck so it is not right to consider it as an easy way to make money. There is no exact guarantee of winning in gambling they will be more at risk if they think of ways to make money. Although you can become an addicted gambler the journey is not easy. The person will then be ready to do anything to earn money it also has financial dangers that you should know before starting. Ideally betting like a pro requires a lifestyle change and when you take up gambling as a lifestyle you will experience significant financial changes.