Can you share at least one gambler who have become rich in gambling? - page 5.

maxreish

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Honestly, I've never met a gambler personally who became rich with gambling. My friend actually gain decent profits everyday from gambling but he isn't yet that rich. Cheesy

Also, I have read one of the gambler's story in which he won huge at gambling and manage to put up a business because of that.

Majority thinks gambling is an easy rich quick scheme but in reality, it is not and it will be the other way around. I guess OP wanted to see some proofs to inspire him to become a pro gambler and become rich, which is not guaranteed 100%. Gambling is always be gambling and we only just rely on luck.

FlightyPouch

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I knew a guy/bi, that won a lot of money by betting on the lottery. I can't say his name but let's just call in under the nickname "Rowena". A lot of people knew about it and the proof of it, well, he had a lot of stores in our town. A parlor, a shop which is selling a lot of stuff like clothes, bags, shoes but not branded, he has these stores like 4 or 5 of them and that is because he won in the lottery.

Taskford

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You mean gamblers? For sure no because the lose streak is more bigger than winnings so for sure they are just hitting some bricks to get win and this will never earn you riches, But for Gambling business owners? for sure they became so rich when there are more gamblers losing on their platforms and each wager is a profit for them.

Quote from: kawetsriyanto on February 20, 2020, 07:37:58 PM

Why do you think it is really important to know who the gamblers can be rich? I think it is not really important to know about it. What for? Only to ensure that playing gambling is worth? We must know that if playing gambling worthless at all, then the gambling sites will have no members there.

I am pretty sure that most gamblers hide their identities and their success. Sometimes, it will be better to hide some information that is not really needed to share with others.

Maybe just a little survey for his self to see if there's people earning a better life on gambling.

jhonjhon

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To be honest, the gamblers that I know aren't rich at all they are broke. Well gambling is a good way to become rich because it can give you big winning however, people are people and when they win the jackpot they become greedy and they tend to continue gambling and most people will do all in and unfortunately they lost it and after losing the can't accept the fact that they've lost so they will continue to gamble trying to recover the losses and that's when playing recklessly and instead of recovering the loss they tend to add to it. Therefore, for me there is only very few people who become rich through gambling and actually I don't know anyone from my circle.

kawetsriyanto

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Why do you think it is really important to know who the gamblers can be rich? I think it is not really important to know about it. What for? Only to ensure that playing gambling is worth? We must know that if playing gambling worthless at all, then the gambling sites will have no members there.

I am pretty sure that most gamblers hide their identities and their success. Sometimes, it will be better to hide some information that is not really needed to share with others.

DarkDays

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There are literally tens of thousands of gamblers that have become rich while gambling, you can simply search for lottery winners and you'll find hundreds of individuals that have won millions of dollars.

There are also professional gamblers in most categories that can be considered rich as a result of gambling, I don't know too much about other industries, but in Poker there's Phil Ivey, Tom Dwan, Patrik Antonius and Dan Bilzerian (reportedly).

Surely there's also a huge number of wealthy sports bettors, but I'm not familiar with them.

Overall, it's easier to win large amounts when you have a large bankroll, otherwise the odds will also be against you.

AliMan

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

I can't give any further proof of that person I personally known for winning the local lottery in my country, long time ago maybe around 10 years. As I remembered him he won the jackpot lotto at around $320,000 luckily, but unfortunately he died after 3 years. However, as per feedback from friends at the workplace, his family is now living comfortably with business established through that money.

Hydrogen

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Its much harder to be profitable gambling over the last few years with investment bankers buying up and consolidating many sportsbooks. And their influence being reflected in many sporting events trending towards becoming more shady and inconsistent. Many previously profitable gamblers are abandoning the industry as a result, making it less likely you'll find anyone who is profitable or rich through the practice.

Vegas Dave is probably the loudest personality claiming to have struck it rich via gambling. You can find him on twitter, instagram, youtube, etc. He posts pictures of himself driving expensive cars, at big parties with multiple women. He is a controversial figure. Sportsbooks have recently claimed that screenshots he's posted of his winning bets were forged. There are many who claim he made his money through selling his sports picks, rather than gambling on his own.

If there are people who got rich gambling, they're more likely the type to keep a low profile and not publicly discuss how much they made.

That said, there are many who have been documented profiting millions through fantasy sports, which is a little different from gambling but similar.

mu_enrico

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Quote from: stadus on February 20, 2020, 07:03:37 AM

Billy Walters

Dude, this guy is in prison for insider trading. Also, in sports betting, he could bribe opposition to intentionally losing the game.

I'm more convinced with gamblers who play in skill games, like poker, blackjack, etc., that utilize card counting method. They could become rich before getting blacklisted to enter casinos.

And for the lottery, 70% went bankrupt in just a few years.
https://www.nefe.org/press-room/news/2018/research-statistic-on-financial-windfalls-and-bankruptcy.aspx

If they (the winners) don't know how to make money in the first place, they won't be able to sustain their spending. Wealth is built on the continuous stream of cash inflow.

Ailurophile

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I thibk there are so many people that we could tell since one jackpot in a lottery would really change anyone's life.
And there are so many lottery winner in each and every country.
Besides lottery there are also some other types of gambling that have a contest for example poker,
There are so many professional poker tournaments that have a huge prize on the pot.

KrisAlex18

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

As I have read in the blog before, there are so many persons who became reach because of gambling, and one of which is Bill Benter. He is considered as the wealthiest gambler in the world who won on the betting of the horse race. The horse race is a game where you will put your bet on the specific horse, and if the horse gets the first place, then you would win a high prize. The higher the risks or payout, then the higher the reward in this game. Bill Benter now has an estimated net worth of 1 billion dollars. I inspired him so much before because I am a person who wants to become rich someday, so I used on gambling, but it is already done, I am now free from gambling, to share.

Quote from: tyKiwanuka on February 20, 2020, 06:53:39 AM

Why do you think gamblers should (always) become rich ? It's a normal job. Most people don't get rich with their job, they just earn enough to survive and probably some more to go on vacation and things like that.

Where does the misconception, that every (professional) gambler is filthy rich, come from ?

That is not what he wants to point out. He is not saying that if a person is a gambler, then he or she can be rich someday or in a future, He only wants to ask about persons who became wealthy from gambling, well, we can not judge him, that is what he wants to know. I think you misunderstood what he really wants to say.

South Park

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

There have been several examples already given in this thread, however like in most other aspects of our lives the wealth distribution is really skewed and this is even more true in gambling, we know that most players are losers, probably above 95% of them, 4.99% are small winners, this takes into account all of those guys that went gambling once with their friends and they got lucky that night and never gambled again, then you have the 0.01% which are the rich gamblers, most of these are probably lottery or jackpot winners with just a few skilled players making enough money to be of any mention.

aioc

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

I don't know personally of one, but I know one gambler operator who made it big really big and became the president of the United States and that's trump, it's very hard for a gambler to get rich but very easy for operators to make huge money and become a business mogul.

NavI_027

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I know so many Poker Stars but i think that's not what you really meant

. Actually, I haven't known someone yet who really became rich mainly because of gambling. All of my friends are just winning few bucks every time they play (earning hundreds of bucks are very seldom). But well, I still take it as a good thing tho, at least I knew that they are not gambling dependent until now — a person who only relies on his skill/luck on gambling. An that was still a blessing to be thank for because I knew that all of us are still not crazy lol Grin

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bhabygrim

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

Ryan the owner of bustabit I think we all know that he is making a huge income from it.
And the site is still running smoothly for so long so isn't it enough proof?

bakasabo

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Can someone name at least one cryptocurrency gambler, that become rich (or at least famous for his bets) in gambling, but not by cryptocurrency exchange rate growth ?

Anything will do. Real name or nickname, or any rumor or story about becoming rich from crypto gambling.

sheenshane

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Maybe, the people that become rich in gambling are in the Sports betting area.
"The Richest Gamblers in the World"

As for me, sports betting is almost the same as trading. You can analyze the result it's just that it takes serious talent and knowledge to know who will win. Better connections can also help and just because it is considered a game of skills, not a piece of luck.

But going into casinos and becoming rich is nearly impossible. That's not a good idea. The casino has been built to profit. Not to give money like charities. Well, if you really want to get rich on gambling, try spots betting. I heard a lot of people who made it. Billy Walters is one of them.

imstillthebest

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

thats impossible to make a living out of gambling only not unless if these gamblers are pro or sponsored by some big companies where they earn income that they wont loose on gambling ( on thier playing sessions ) never seen one on a normal game like dice , slots , etc but ive heard several pro gamblers on poker . that was a long time ago and i already forgotten thier names . normal people that isnt a pro , will hardly make a living in gambling because he will likely loose if he play everyday .

serjent05

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National lottery winners, to name one. Aside from that, you can refer to this site to see these 17 Gamblers Who Got Rich.

To name some:
1. Don Johnson – Blackjack Dealmaker - won $15M playing blackjack
2. Billy Walters – Roulette Wheel Bias Master - Won $3.8 Million Playing Roulette
3. Phil Ivey – Online Poker Domination - Won $19 Million Playing Online Poker
4. MIT Blackjack Team – Card Counting Corporation - Won Millions through Card Counting
5. Patricia Demauro – Dice-Rolling Granny - Won $180,000 Playing Craps
6. Kelly Sun & Phil Ivey – Beating Baccarat with Edge Sorting - Won $21.6 Million Playing Punto Banco
source

SquallLeonhart

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Quote from: Questat on February 20, 2020, 06:49:54 AM

Since we believe that there are people who become rich in gambling or they are making a living in gambling

Can you please share at least one person who made that, and please put some proof.

The definition of rich cannot be same for all of us. Please check this PR account of stake and primedice then you will come to know that how many people have already won bigger to biggest amount of their life time. Unfortunately, I am not seeing anyone from this forum to be claiming that winning amounts (there could be multiple reasons for hiding like they might be preferring not to make people begging to them).

I'm sorry I'm not able to answer you by directly spotting a person who made that but I believe most of our cryptocurrency based gambling houses might have made at least one person richer than how they had been leading their life financially before trying crypto gambling.

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