Gambling as a profession: there's people who live out of gambling? - page 21.

maydna

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Quote from: pilosopotasyo on December 30, 2020, 08:34:25 PM

If you are going to treat it as work you should first control your emotion, and you must know how to segregate personal or family funds to your gambling funds, this is for me hard to do and you cannot become a good gambler or make gambling your work if you do not have control in managing your finances.

I don't think that it will be easy to manage emotion on gambling as we know that win and loss can make someone lose his emotion and spend more money to gamble. If someone is losing his emotion, he may be using his family funds because that is what he can do to recover his losses. It is hard to use gambling as work, but I guess out there, some people can use gambling as their profession, and they really make money from gambling. We need to realize how we must treat gambling as entertainment and not using gambling as work.

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Quote from: iTradeChips on December 30, 2020, 08:03:43 AM

There is this kind of discreet admiration that I always give to those who made gambling their profession and was able to sustain their life with it. I mean it take guts, a whole lot of guts for people to pull off a lifestyle that is funded by their profits in gambling. I myself was only able to do gambling as a profession for only a short time and made an effort to buy other assets that I can use to earn a living. I don't want gambling as my source of income and simply do it to revisit my poker skills.

I had a Negative impression to those people that engaged more in gambling than Real life business or Job because i felt like they are lazy people , and only relying in One time Big time.

But Knowing people that Lives and support their family from the wins they have in gambling ? i pay more respect because those people are the Most disciplined and Focus Human in the world.

We knew What gambling can Give to us, this will change our view in life and our Plans mostly comes taken easy , So to Survive in gambling alone ?this is full of dedication and determination ,and also full of Self Discipline , So Salute to those individual that sustain their lives until forever only by gambling.

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Quote from: dunfida on December 30, 2020, 07:54:01 PM

Worthy qoura post that should really be read up about living via gambling earnings.

https://www.quora.com/Can-you-make-a-living-from-gambling
https://www.quora.com/Are-there-people-who-actually-make-a-living-gambling

Making it as a profession? Most people fail but once you do get it then its a considerable one.

I like this post from this article coming from a former pro poker player

Quote

3) Determine how you’re going to structure your gaming (note: NOT gambling) finances. It’s your employment now, and much like if you owned a small business, you should be able to draw a salary from it but you should NOT just have all of your home/work finances co-mingled. You cannot “have a bad week” and dip into your funds for mortgage/rent, food, car payment, childcare, etc.

If you are going to treat it as work you should first control your emotion, and you must know how to segregate personal or family funds to your gambling funds, this is for me hard to do and you cannot become a good gambler or make gambling your work if you do not have control in managing your finances.

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Worthy qoura post that should really be read up about living via gambling earnings.

https://www.quora.com/Can-you-make-a-living-from-gambling
https://www.quora.com/Are-there-people-who-actually-make-a-living-gambling

Making it as a profession? Most people fail but once you do get it then its a considerable one.

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Quote from: Kelvinid on December 29, 2020, 07:33:44 PM

-snip-

Probably it is only done by a professional gambler. Because generally, if they are only playing gambling for life, and they are not experienced enough, they will lose more than win. Many people around me play gambling and they do not get anything. They precisely sell their wealth for this gambling addiction and they got nothing This is a very bad gambling problem around us in society.

S for me, gambling as a way to live their life is only done by professional gamblers with experiences and also in a certain casino.

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Quote from: jrrsparkles on December 30, 2020, 03:02:01 AM

Quote from: livingfree on December 29, 2020, 06:01:42 PM

Quote from: jrrsparkles on December 29, 2020, 05:42:10 PM

There are many contests available for the poker players all around the world so they can make decent money if they are skilled enough but the reality is not everyone who take part in it is winning it even though they are equal in the skill level so luck played a part in their profession gambling life as well.

Aside from tournaments and contests, they can just join a simple table without having the contest and tournaments.

There are regular tables where these professionally skilled poker players can join for them to make some money. They have communities too and they can easily play through online or physically.

But this time, playing physically isn't advised because of the pandemic.

Bet amount highly depends on the opponents your are facing so if it is contest then probably most skilled players all around the world will join if the rewards are in millions. Professional players do simple table rarely and just for fun in my experience.

Simple tables are not just for fun.

I've known those type of tables that happens in one's house and there's also a huge stake that happens. It's a private table and only happens if you have connection and there are regular players who would organize to have one.

Professional or not, those private tables that happens in a secret place do happens.

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Quote from: Kelvinid on December 29, 2020, 07:33:44 PM

Quote from: acquafredda on December 29, 2020, 12:01:08 PM

Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work Wink

Many had suffered losses while only a few make a win, that is the reality in gambling. Some make gambling as their living because they know themselves that they certainly make it. I ain't do it of course if I only lose in gambling, why I should have to stay neither?

I'm not going to wonder why some people make this gambling as their source of income is probably they are good at gambling. Only a lucky person can have this and the majority don't have it. And even I have those skills and luck, I don't still have to rely on luck but to find security and passive income out from gambling.

If you take poker as an example, poker players need to be real strategist. Luck can be on your side but the nerves and the guts required to play poker at those levels are something very uncommon. For this reason, a few great players earn tons of money while basically gambling.

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Quote from: Alucard1 on December 30, 2020, 05:22:19 AM

Quote from: peter0425 on August 09, 2019, 02:36:36 AM

Besides professional pokers, I know some one in our neighbourhood that truly relies on gambling (cock-fighting) as his source of income. I know this for a fact because he is the father of my best friend. I grow up with his family and know this personally. And all of them are professional know, finished their college and a degree holder and employed to, you wouldn't believe it, a casino, how ironic...

This is really possible, the amount of bet in cock-fighting is so big so you can also win a lot of profit from it. In our country cockfighting is so trendy, some so many people used to watch and bet when there is a cock-fighting but this is still illegal and they have to find a secret place wherein they couldn't find it by authorities. I amaze the father of your friend wherein he managed to sustain their lives by just relying on that kind of gambling, that is a risky thing but he became successful with that.

There is this kind of discreet admiration that I always give to those who made gambling their profession and was able to sustain their life with it. I mean it take guts, a whole lot of guts for people to pull off a lifestyle that is funded by their profits in gambling. I myself was only able to do gambling as a profession for only a short time and made an effort to buy other assets that I can use to earn a living. I don't want gambling as my source of income and simply do it to revisit my poker skills.

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Quote from: peter0425 on August 09, 2019, 02:36:36 AM

Besides professional pokers, I know some one in our neighbourhood that truly relies on gambling (cock-fighting) as his source of income. I know this for a fact because he is the father of my best friend. I grow up with his family and know this personally. And all of them are professional know, finished their college and a degree holder and employed to, you wouldn't believe it, a casino, how ironic...

This is really possible, the amount of bet in cock-fighting is so big so you can also win a lot of profit from it. In our country cockfighting is so trendy, some so many people used to watch and bet when there is a cock-fighting but this is still illegal and they have to find a secret place wherein they couldn't find it by authorities. I amaze the father of your friend wherein he managed to sustain their lives by just relying on that kind of gambling, that is a risky thing but he became successful with that.

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Quote from: jrrsparkles on December 30, 2020, 03:02:01 AM

Bet amount highly depends on the opponents your are facing so if it is contest then probably most skilled players all around the world will join if the rewards are in millions. Professional players do simple table rarely and just for fun in my experience.

If we want to join those events, we need to know how good our skills, and if we do not have good skills like them, we do not have to join them.
It is better to watch the events while we can learn their technique or strategy that may be useful for us, so we can modify the strategy that can be used for ourselves.
Sometimes, the pro players will spend their time to play for fun without thinking about the money.
Maybe at that time, they will teach some people to help them to improve their skills.
But I am sure that the pro players can make money from gambling and live from gambling.

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Quote from: Hippocrypto on December 29, 2020, 06:26:01 PM

Maybe there's successful but only for those wealthy individuals who take gambling as entertainment. They didn't consider money as a big deal, so they're really have time to learn gambling. Not as profession but also a lifetime fun that they may benefit from it. Unlike with less fortunate gamblers, their skills isn't worth it because of money issues.

We can't call them successful in gambling if they are already wealthy because their funds not totally comes from gambling but from Businesses Because these type of people are usually lose more than win in gambling because they Need no money from gambling ,they can live and sustain their lives so their Mindset is to just Gamble their Budgets and if win ,they will gamble again because satisfaction wont come on them easily .

I think That there are People who become successful solely from gambling activities but they are not willing to Reveal here ,maybe they just don't feel it is necessary or they don't like posting here at all.

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Quote from: livingfree on December 29, 2020, 06:01:42 PM

Quote from: jrrsparkles on December 29, 2020, 05:42:10 PM

There are many contests available for the poker players all around the world so they can make decent money if they are skilled enough but the reality is not everyone who take part in it is winning it even though they are equal in the skill level so luck played a part in their profession gambling life as well.

Aside from tournaments and contests, they can just join a simple table without having the contest and tournaments.

There are regular tables where these professionally skilled poker players can join for them to make some money. They have communities too and they can easily play through online or physically.

But this time, playing physically isn't advised because of the pandemic.

Bet amount highly depends on the opponents your are facing so if it is contest then probably most skilled players all around the world will join if the rewards are in millions. Professional players do simple table rarely and just for fun in my experience.

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Quote from: Lucasgabd on August 08, 2019, 09:42:50 PM

Just curious here.
I know there are tons of way to live.

but is there such a thing as professional gamblers?

people who make a living onlyout of gambling (online or on rl)?

resources and comments on that are really welcome.

There are a lot of gamblers who depend their lives into gambling as far as I know. But if your gonna ask me how large they are now, I have no
idea about how many of them, just all I know they are many at the moment. I will now include myself among them. And I admired those who are good in gambling and earned much into it.

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Quote from: Hippocrypto on December 29, 2020, 06:26:01 PM

Maybe there's successful but only for those wealthy individuals who take gambling as entertainment. They didn't consider money as a big deal, so they're really have time to learn gambling. Not as profession but also a lifetime fun that they may benefit from it. Unlike with less fortunate gamblers, their skills isn't worth it because of money issues.

Even a wealthy person who uses gambling to live out will not have always have a chance to do that thing because that only works for the selected person who will succeed in gambling. I believe that there are people who use gambling as a profession to make money and live out from gambling. If we count the number, perhaps, that is not many gamblers who can do that. That person will have good skills in some gambling games, have enough experience that helps them to win the most, they know what the strategy they need to use, and else.

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Quote from: acquafredda on December 29, 2020, 12:01:08 PM

Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work Wink

Many had suffered losses while only a few make a win, that is the reality in gambling. Some make gambling as their living because they know themselves that they certainly make it. I ain't do it of course if I only lose in gambling, why I should have to stay neither?

I'm not going to wonder why some people make this gambling as their source of income is probably they are good at gambling. Only a lucky person can have this and the majority don't have it. And even I have those skills and luck, I don't still have to rely on luck but to find security and passive income out from gambling.

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Quote from: peter0425 on December 29, 2020, 10:18:57 AM

Quote from: lixer on December 29, 2020, 09:40:46 AM

40+ pages of discussion and everyone agrees on one thing; there are some people who does it. But nobody really gets into detail of it.

Maybe because True gambler don't Love Drama ,and it's not their Forte to Post and tell Stories in which they don't benefits at all.

Maybe unless they will be offered a Book and payments to disclose everything they struggle and succeed silence will remain in their part.

Quote

There are two types of people who can make a profit from purely gambling, one of them is the people who gamble on pvp games, such as poker because in those games there is no guarantee you will lose, and if you are good at what you do that means you could profit from it for sure, depends on your talent levels.

Second type is the one who gambles against the house edge, but they gamble on twitch, or any other platform that allows such things, and they lose money in the end but they make more profit from the income of that instead. The one that is guaranteed to lose and can't make a living is the people who wager against house edge, because even if you win short term, you can't consistently make that profit forever.

Literally you have a Knowledge about gambling , These course is really hard to achieve but yet there are successful in those areas.

Maybe there's successful but only for those wealthy individuals who take gambling as entertainment. They didn't consider money as a big deal, so they're really have time to learn gambling. Not as profession but also a lifetime fun that they may benefit from it. Unlike with less fortunate gamblers, their skills isn't worth it because of money issues.

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Quote from: acquafredda on December 29, 2020, 12:01:08 PM

Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work Wink

It wont be counted if you do particularly talk on working on a casino as an employee but not totally a gambler and you are literally talking about a job where it doesnt involved any games which is understandable.

In talks of people who do make gambling is a profession then some of them do able to do so specially on strategic type of games like poker which there are really some professionals out there who can make out
a living with just having this kind of expertise.

Yeah, this isnt for everyone and only a few do able to manage to sustain themselves specially on gambling industry.It might sound impossible on others ears but this one is indeed reality.
It cant just be applied for every players out there.

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Quote from: jrrsparkles on December 29, 2020, 05:42:10 PM

There are many contests available for the poker players all around the world so they can make decent money if they are skilled enough but the reality is not everyone who take part in it is winning it even though they are equal in the skill level so luck played a part in their profession gambling life as well.

Aside from tournaments and contests, they can just join a simple table without having the contest and tournaments.

There are regular tables where these professionally skilled poker players can join for them to make some money. They have communities too and they can easily play through online or physically.

But this time, playing physically isn't advised because of the pandemic.

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Quote from: jademaxsuy on December 29, 2020, 11:04:19 AM

Yes, I do believe there are group of professional gamblers that are good and are only focus on black jack game. They got certain numeric formulas that can outsmart the house of the blackjack game. I do not how they do it but one of them had a youtube channel and then showing how he earn in casino. If really is he saying the truth then yes it would be possible to live out in gambling. It is easy money though and that would be good.

What you are saying is true, because some people can make money from the Blackjack game with a counting card strategy. Although not everyone
can do this, it does prove that gambling can be used as a profession for some people. One example of a person who made gambling a profession is
Mike Aponte who is a former MIT Blackjack team, which had beat many casinos.

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Quote from: acquafredda on December 29, 2020, 12:01:08 PM

Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work Wink

There are many contests available for the poker players all around the world so they can make decent money if they are skilled enough but the reality is not everyone who take part in it is winning it even though they are equal in the skill level so luck played a part in their profession gambling life as well.

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