Gambling as a profession: there's people who live out of gambling? - page 25.

Natalim

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Quote from: peter0425 on March 11, 2020, 07:17:15 AM

Quote from: Wintersoldier on March 07, 2020, 12:26:42 PM

In my own personal opinion, there is no such thing who consider himself or herself a professional gambler because knowing how to gamble doesn't make you a professional person. To be honest, no gambler have become rich in gambling because we gamblers mostly lose even we won couple of time, that is why only casino owners and dealers are the only one's who can be rich in gambling.

i totally disagree mate,because just check the first page of this thread and you will find the links about those people that make gambling as living and i am telling you,they are super rich people and living in the most luxurious ways.

there are people that treat gambling as profession as long as they are gaining and not losing in same ways.

That's why we are inspired and we like to follow their path, however, the reality is not most of us can't be successful in gambling in terms of making ourselves profitable, so if don't have any limit, the worst case scenario that would happen is we will go bankrupt.

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Quote from: Wintersoldier on March 07, 2020, 12:26:42 PM

In my own personal opinion, there is no such thing who consider himself or herself a professional gambler because knowing how to gamble doesn't make you a professional person. To be honest, no gambler have become rich in gambling because we gamblers mostly lose even we won couple of time, that is why only casino owners and dealers are the only one's who can be rich in gambling.

i totally disagree mate,because just check the first page of this thread and you will find the links about those people that make gambling as living and i am telling you,they are super rich people and living in the most luxurious ways.

there are people that treat gambling as profession as long as they are gaining and not losing in same ways.

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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 already a lot of people who get rich because of gambling, even if there are so many people that against with the gambling, I can still say that there is good thing in gambling especially if you don't lose so much money and time here, there are already some articles that I have read about gamblers who became successful because of betting, such as Don Johnson who became rich because of the game blackjack. Billy Walters who became rich because of both golf and sports betting, so by that thing we cannot say that gambling is not good at all.

Those who live out of gambling are those successful ones, here is the link of successful gamblers:
https://www.gamblingsites.org/blog/17-gamblers-who-got-rich/

Quote from: dothebeats on August 08, 2019, 10:36:56 PM

Well there are tons of professional poker players that manages to win hundreds of thousands, if not millions in one seating/tournament. There are also those who live off purely of betting on sports and/or other events. One notable person I follow who lives his life through playing poker professionally is Erik Seidel. We all know his magic hands and how much WSOP bracelets he have in his arsenal ( Cool

. You also have Daniel Negreanu who bagged 6 WSOP bracelets and was considered one of the best poker players in 2014. It is possible though again, you need to have an extreme amount of luck, experience, skill, and of course, starting money in order to live off your life with just gambling.

Well said mate, I think those who can win a hundred thousands are those gamblers who play games that requires skills and techniques because it is really hard to win the game if it only relies on the luck of a gamblers.

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What about those who doesn't play or gamble, but uses gambling sites to earn? Basically to run your own gambling site. Well, in that case, I could consider the person as a professional gambler why?

First, in order for you to run a gambling site, you should know how to play, the back and front end logic of the games, and to completely understand how the game works even the chances of winning. Second, professional gamblers are like gambling site owners because in order for you to make sure that you gambling site will work, you should tests it on your own. So testing it multiple times makes you play gambling just like what professional gamblers does. Lastly, you need to consider risking something in your life for the sake of gambling. Perhaps, your living will depend purely on the gambling site that you made.

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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.

I think it is a possible reality for people to live off as a professional gambler, but i do not think it is the best.
Gambling should be taken as a side hustle, where you get to gamble at your leisures, either daily or weekly. That way, we get to gamble responsibly and without desperation.

Taking up gambling as a way of living, will sometimes lead to desperation, which causes or factors borrowing to gamble.
And that is not good enough

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Quote from: Wintersoldier on March 07, 2020, 12:26:42 PM

In my own personal opinion, there is no such thing who consider himself or herself a professional gambler because knowing how to gamble doesn't make you a professional person. To be honest, no gambler have become rich in gambling because we gamblers mostly lose even we won couple of time, that is why only casino owners and dealers are the only one's who can be rich in gambling.

We should not disregard that a lot of people also are winning in gambling, I think, that is the reason why others also are being influenced in joining gambling. Although in most cases, it is true that people lose not only in gambling but also in life: their career and responsibilities, when not controlled.

So far, I still don't heard of people being a professional gambler because, gambling is solely a game of luck and mainly it is only what decides your fate in it. We could only say, that there are a lot of experienced gamblers that have survived in it losing and winning in a daily basis.

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In my own personal opinion, there is no such thing who consider himself or herself a professional gambler because knowing how to gamble doesn't make you a professional person. To be honest, no gambler have become rich in gambling because we gamblers mostly lose even we won couple of time, that is why only casino owners and dealers are the only one's who can be rich in gambling.

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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.

It is so much difficult to become a professional gamblers, because it has a many bunch or study and experience to become one of them. Nowadays, gambling is the new era for the fast earning profit so that there's are also a huge number of professional gambler are spreads over the world to make more money. But before we get that there, it really needs a hard effort and time consuming to master the every gambling platform. In my own opinion, you need also to developed your own gambling strategy as your secret recipe that the other gamblers wouldn't know.

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I have seen many gamblers improve their lives because of gambling. But this is only temporary because gambling is gambling and there are days when we are losing and we do not always win.
So we have to be careful and not always let our emotions work because this will cause loses to us always.

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Quote from: MWesterweele on March 02, 2020, 04:43:51 PM

Most likely those professional gamblers are the one who spend more time in gambling and gamble is part of their lives now. So living away from it is not easy particularly to those make it as profession because this activity by which one regularly makes a living. They badly need help especially those have symptom of addiction, they cannot do it by themselves. It take long to time before they can get over from it.

When they have good skills in specific gambling games, I think they can make a living from gambling because they will be able to get the winning from the games. But as you said, it will be still difficult for him to get the win since gambling will not only depend on the skills, but I think he will know when he can gamble and when he needs to break for a while. I think he can handle himself when he plays gambling so he can prevent the addiction because that can make him get trouble if he gets addicted.

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Quote from: BlackFor3st on February 22, 2020, 04:57:35 AM

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.

Yeah there are many people who live their lives via gambling, what I have saw is the poker players were they made millions of money in playing poker while making poker as their way of living. Ex. Daniel Negreanu.

Like they create videos or blog about their strategies and tricks, they are very popular because of their skills in gambling and how they always win. But what I saw to others are, they are using some inappropriate tricks just to profit in gambling and the gambling operators are strictly monitoring them because of this behaviors. Aside from this two, I didn't know whether there are people out there that lives in gambling by just luck only as it is not enough to continue winning and profit in the end.

Most likely those professional gamblers are the one who spend more time in gambling and gamble is part of their lives now. So living away from it is not easy particularly to those make it as profession because this activity by which one regularly makes a living. They badly need help especially those have symptom of addiction, they cannot do it by themselves. It take long to time before they can get over from it.

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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.

Yeah there are many people who live their lives via gambling, what I have saw is the poker players were they made millions of money in playing poker while making poker as their way of living. Ex. Daniel Negreanu.

Like they create videos or blog about their strategies and tricks, they are very popular because of their skills in gambling and how they always win. But what I saw to others are, they are using some inappropriate tricks just to profit in gambling and the gambling operators are strictly monitoring them because of this behaviors. Aside from this two, I didn't know whether there are people out there that lives in gambling by just luck only as it is not enough to continue winning and profit in the end.

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Quote from: Betwrong on December 29, 2019, 09:37:28 AM

How much you can make per month this way, starting with 0.00000001 DOGE? I can assure you that this will be very far away from being "in the range of dozens [USD]".

Yes of course, there's still people live without gambling involve because there are many work to apply to get income than gambling. Still its depend to player if they do gambling continuously but those gambler who never give up the opportunity to win are possible to become addicted because they will continue to bet until they lose again.

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Quote from: deisik on December 25, 2019, 11:07:28 PM

Quote from: Betwrong on December 25, 2019, 09:03:08 AM

Even though with this strategy you won't win an amount sufficient for buying a cup of coffee, the psychological effect of constant winning is very important. The mindset you get after such play can help you to earn hundreds of dollars in some other than gambling field

You seem to have gotten it wrong again

Nope, this is hardly the case this time. You saw it yourself that I made some effort to understand your strategy and to try it out (with thousands of bets to date). And what I've written in the quoted post above was the best review your strategy could get. Yet you are still not satisfied. If you want me to believe that there is a strategy with which one can "certainly" earn dozens of USD per month, this will never happen.

Quote from: deisik on December 25, 2019, 11:07:28 PM

You can in fact earn enough dough for a cup of coffee and beyond in a pretty consistent way provided the casino stays more or less provably fair all that time (and it doesn't kick you out which they probably will eventually). If you use the potential of this approach to its fullest, i.e. increase your balance to ultimately obtain the max win allowed, you should be able to book enough on a monthly basis. Not sure about hundreds of dollars but certainly in the range of dozens

I can't believe you are even serious with this, because you said it yourself

Quote from: deisik on December 24, 2019, 07:04:32 PM

Quote from: Betwrong on December 24, 2019, 09:58:35 AM

Since the highest bet, required after 9 losses in a row, was 0.00032116, theoretically I could do it with my BTC balance too. And I would be more than happy on winning 40k+ sats in 2 minutes, but I would lose my entire BTC balance in the case of 15 reds in a row, so I decided to not risk it

You shouldn't try it with Bitcoin

I tried that in 2015, and failed miserably losing 1.5 BTC (worth around 500 dollars back then). The only way you can successfully use this strategy is by playing with doges, and starting with the minimum bet at that

How much you can make per month this way, starting with 0.00000001 DOGE? I can assure you that this will be very far away from being "in the range of dozens [USD]".

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Quote from: Betwrong on December 25, 2019, 09:03:08 AM

Even though with this strategy you won't win an amount sufficient for buying a cup of coffee, the psychological effect of constant winning is very important. The mindset you get after such play can help you to earn hundreds of dollars in some other than gambling field

You seem to have gotten it wrong again

You can in fact earn enough dough for a cup of coffee and beyond in a pretty consistent way provided the casino stays more or less provably fair all that time (and it doesn't kick you out which they probably will eventually). If you use the potential of this approach to its fullest, i.e. increase your balance to ultimately obtain the max win allowed, you should be able to book enough on a monthly basis. Not sure about hundreds of dollars but certainly in the range of dozens

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Quote from: Zicadis on December 25, 2019, 12:28:42 PM

No doubt there are people out there using gambling as their only source of income and some who make a decent living off it.

Although I like to believe that are people making gambling as their source of income but it's hard to find people like them as they are good in hiding, yes we are inspired with them and we we like to have the same way of making money but the reality is most of us can't do that.

Quote from: Zicadis on December 25, 2019, 12:28:42 PM

I suppose some of these, though do have other support in place like their families if things go wrong. I also appreciate others don't have that support but they still risk it for the hope that one day things will change.

Well maybe because making a living in gambling is like you are treating what you are doing as your real job where that is your main source of income for your family, and when you keep winning in gambling, you'll be able to provide your family what they need as you can make big money in gambling when you are successful.

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Quote from: Zicadis on December 22, 2019, 04:23:56 PM

Oh, yeah. Professional gamblers do exist, though I don't think there are that many but I personally I know a few. I respect what they are doing but I can't be doing this for a living as the amount of stress is tremendous and I can't be left in situations with no money because things didn't go right. I only entertain the idea of gambling for a little fun and more experience but never as the sole source of my living.

I do not think that there will be people who will be gambling as their profession as I myself saw some people who try to rely on gambling for their whole life but they do not always win in gambling, I am talking especially for the casino players while there are some people who are betting on sports who are very lucky to rely for their life on betting but they also sometime lose some bets.

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Dump it!!!

No doubt there are people out there using gambling as their only source of income and some who make a decent living off it. I suppose some of these, though do have other support in place like their families if things go wrong. I also appreciate others don't have that support but they still risk it for the hope that one day things will change.

Moreover, there are plenty of people out there that are employed by the surrounding gambling industry, think about it. A casino isn't just dealers and players, there's a whole host of people behind the scenes to ensure that things run smoothly and the punters keep on coming, including:

- Marketing staff
- Game designers
- Graphics designers
- Frontend/Backend devs
- Support agents
- Social media managers

etc.

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Quote from: deisik on December 24, 2019, 07:04:32 PM

Quote from: Betwrong on December 24, 2019, 09:58:35 AM

Since the highest bet, required after 9 losses in a row, was 0.00032116, theoretically I could do it with my BTC balance too. And I would be more than happy on winning 40k+ sats in 2 minutes, but I would lose my entire BTC balance in the case of 15 reds in a row, so I decided to not risk it

You shouldn't try it with Bitcoin

I tried that in 2015, and failed miserably losing 1.5 BTC (worth around 500 dollars back then). The only way you can successfully use this strategy is by playing with doges, and starting with the minimum bet at that

Yeah, true. But you know us, gamblers. I already tried it with 0.00012 DOGE.

It worked, I didn't bust with 1k rolls

but I knew it was stupid. On the other hand, what's fun without a bit of stupidity?

Quote from: deisik on December 24, 2019, 07:04:32 PM

Quote from: Betwrong on December 24, 2019, 09:58:35 AM

What's important is that I think I'm starting to understand what you mean by "exploiting the outliers"

Really simple, isn't it?

You earn by enjoying the variance which randomness readily makes available to you due to its nature. You may not see a lot of outliers (since they are statistical outliers, after all, and thus not supposed to be seen too often), but their power is incredible. So as long as you use it wisely and with caution whenever you can (as not every casino allows it), you will be able to beat the house consistently

Even though with this strategy you won't win an amount sufficient for buying a cup of coffee, the psychological effect of constant winning is very important. The mindset you get after such play can help you to earn hundreds of dollars in some other than gambling field.

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Quote from: Shimmiry on December 25, 2019, 06:03:16 AM

There are a lot of people now use trading as a source of income because they know they will earn on it. But most of the traders do not have enough knowledge of what is happening in the market, and this can be the reason why they lose their trades. Not all beginners lose their first trade; thus, it helps them to improve their trades and use this as a guide to succeed. Those people who already got a lot of income by using cryptocurrency now focuses on trading because they know they can earn more than their salary on work

Looks like a piece of plagiarism posted in the wrong topic in the wrong board, and probably even at the wrong time (as there seems to be no way to get away with these little shenanigans nowadays). Don't mind if my post gets deleted in case my suspicions turn out true. With that said, I essentially agree that cryptocurrency trading is not very far from gambling for the majority of trading folk (read, most are going to lose in the end)

But this is a different topic

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