Gambling as a profession: there's people who live out of gambling? - page 30.

maydna

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Quote from: owengtam09 on November 20, 2019, 08:49:47 PM

Quote from: maydna on October 30, 2019, 11:48:32 PM

Quote from: owengtam09 on October 30, 2019, 11:40:42 PM

~snip~

That's the most problem of those gamblers who win and hit the jackpot price, they become greedy and want more even if they already have what they wanted. Winning or hitting the jackpot is already enough to stop playing gambling especially if what you have won is already good for your lifetime budget. Imagine, if he stops playing gambling and stays contented on what he has then for sure his winning are just with him until now and maybe have already his own casino or ant business that he wanted.

That is right. But I am sure that there is a smart person who can win or hit the jackpot, and then he can stop playing gambling and get the money to celebrate or even for saving that money. That person realizes that with that money, he can get anything he wants, and he doesn't have to come back to the gambling places for a long time.

The greediness will come to the gambler who can win or hit the jackpot or to the gambler who loses the money. Unfortunately, people will always get lured and tempted to back to the gambling game and play for some round. So gambling can not work as a profession if they cannot win or don't have luck at all.

Ziskinberg

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Quote from: sayaya17 on November 21, 2019, 01:33:50 AM

I think there are probably many who live from gambling and they are indeed professional gamblers who are trained.

Not many, there are only few. If we translate it to percentage, maybe they are just 5% or less of the entire gamblers who aim to consider gambling as a profession.

Quote from: sayaya17 on November 21, 2019, 01:33:50 AM

perhaps in the city of Las Vegas and Atlantic City will be found by many gamblers who are experts and professionals. And they could have lived from gambling. Maybe if you lived in Las Vegas for sure you know there was a God of gambling who was very famous for his genius in the 60s who had published a book with the theme of calculating mathematical formulas in gambling and selling very hard that year. If you are curious, you can search anyone who is the God of Gamblers in Las Vegas.

They are actually everywhere, the fact that gambling could be done through online now, they can do it in their home.
Maybe you are thinking of poker or any card games but the most popular type of gambling now is sports betting and it can be done at home.

Golftech

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Quote from: finaleshot2016 on November 20, 2019, 07:25:50 PM

Quote from: Viscore on November 18, 2019, 06:41:24 PM

Quote from: Golftech on November 18, 2019, 08:07:08 AM

Correct. gamblers who knows how to control are possible to earned out from this activities. It can be done with the right preparations and
the right games that you'll going to play. Different strategies will work if the gambler itself have a good self discipline while playing, emotions
are very important since it's the key to keep surviving and not to lose your bankroll completely.

Control is a basic strategy or we can say that its a must for every gambler, but it doesn't mean a gambler would be profitable easily.

It will take time before he master and become consistent in gambling but this also needs skills and knowledge because their are people who are even trying hard but they can't find the right strategy to win, they are just like wasting their money for a goal that they don't even have a chance.

Maybe discipline is the best term, it's a general term than control. It's not easy to control a game, you need massive experience before you reached the peak of having thr ability to control. Discipline is the best and basic strategy we should apply. A gambler must have it especially to those beginner who wants profit by playing.

Thanks for that, I guess it is much appropriate to use that term since it's fit from what I wanted to express. If you have good discipline you are able to control any emotions while playing inside the house. As long as you are capable to stop yourself either you are winning or you are already losing portions
of your bankroll. So-called professionals are good in maintaining their funds it is very important to them to make sure not to suffer with complete bankruptcy.

bobyhodob

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Quote from: Visbay on November 21, 2019, 12:28:06 AM

Quote from: Viscore on November 18, 2019, 06:41:24 PM

Quote from: Golftech on November 18, 2019, 08:07:08 AM

Correct. gamblers who knows how to control are possible to earned out from this activities. It can be done with the right preparations and
the right games that you'll going to play. Different strategies will work if the gambler itself have a good self discipline while playing, emotions
are very important since it's the key to keep surviving and not to lose your bankroll completely.

Control is a basic strategy or we can say that its a must for every gambler, but it doesn't mean a gambler would be profitable easily.

It will take time before he master and become consistent in gambling but this also needs skills and knowledge because their are people who are even trying hard but they can't find the right strategy to win, they are just like wasting their money for a goal that they don't even have a chance.

Without skills we can not be good gamblers we will have to struggle before being a professional gambler. It’s easy now as there are so many ways to learn to gamble. Gambling gives huge profit and many people use it as a professional source of income but I would suggest every gambler keep more than one source of earning as some times even expert gamblers lose.

but without luck, people who have skills will never win 😂
even someone without skills can become a millionaire with just one click of luck. for me to gamble do not need skills only need to understand how to control themselves and their money

sayaya17

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I think there are probably many who live from gambling and they are indeed professional gamblers who are trained. perhaps in the city of Las Vegas and Atlantic City will be found by many gamblers who are experts and professionals. And they could have lived from gambling. Maybe if you lived in Las Vegas for sure you know there was a God of gambling who was very famous for his genius in the 60s who had published a book with the theme of calculating mathematical formulas in gambling and selling very hard that year. If you are curious, you can search anyone who is the God of Gamblers in Las Vegas.

Visbay

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Quote from: Viscore on November 18, 2019, 06:41:24 PM

Quote from: Golftech on November 18, 2019, 08:07:08 AM

Correct. gamblers who knows how to control are possible to earned out from this activities. It can be done with the right preparations and
the right games that you'll going to play. Different strategies will work if the gambler itself have a good self discipline while playing, emotions
are very important since it's the key to keep surviving and not to lose your bankroll completely.

Control is a basic strategy or we can say that its a must for every gambler, but it doesn't mean a gambler would be profitable easily.

It will take time before he master and become consistent in gambling but this also needs skills and knowledge because their are people who are even trying hard but they can't find the right strategy to win, they are just like wasting their money for a goal that they don't even have a chance.

Without skills we can not be good gamblers we will have to struggle before being a professional gambler. It’s easy now as there are so many ways to learn to gamble. Gambling gives huge profit and many people use it as a professional source of income but I would suggest every gambler keep more than one source of earning as some times even expert gamblers lose.

owengtam09

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Quote from: maydna on October 30, 2019, 11:48:32 PM

Quote from: owengtam09 on October 30, 2019, 11:40:42 PM

I have watched on the news before that husband and wife got addicted to the casino, then they won millions of money and buy what they want, they've got rich and the wife stops to play gambling while husband continues to play and thinking that he will make another million. But slowly he loses his money and got a lot of debt. He also thinks to sell their house but luckily he think wise about his property and think of his family, so they still have their house but already have nothing. They can start over again but maybe not already in the casino anymore.

We don't have to follow their steps to play more gambling games. It is enough to hit the jackpot once in a lifetime, and we need to stay away from gambling because, as we saw with that person, he loses his money and has a lot of debt. Imagine those things happen to us and how we can pay the debt without any money we have. If I were him, I would make sure to stop playing gambling and never think of playing gambling again because I can hit the jackpot because of luck. Besides that, he has a big greed to earn more money from gambling, and he hopes that he can hit the jackpot again, but unfortunately, the luck did not come to him.

That's the most problem of those gamblers who win and hit the jackpot price, they become greedy and want more even if they already have what they wanted. Winning or hitting the jackpot is already enough to stop playing gambling especially if what you have won is already good for your lifetime budget. Imagine, if he stops playing gambling and stays contented on what he has then for sure his winning are just with him until now and maybe have already his own casino or ant business that he wanted.

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Quote from: Viscore on November 18, 2019, 06:41:24 PM

Quote from: Golftech on November 18, 2019, 08:07:08 AM

Correct. gamblers who knows how to control are possible to earned out from this activities. It can be done with the right preparations and
the right games that you'll going to play. Different strategies will work if the gambler itself have a good self discipline while playing, emotions
are very important since it's the key to keep surviving and not to lose your bankroll completely.

Control is a basic strategy or we can say that its a must for every gambler, but it doesn't mean a gambler would be profitable easily.

It will take time before he master and become consistent in gambling but this also needs skills and knowledge because their are people who are even trying hard but they can't find the right strategy to win, they are just like wasting their money for a goal that they don't even have a chance.

Maybe discipline is the best term, it's a general term than control. It's not easy to control a game, you need massive experience before you reached the peak of having thr ability to control. Discipline is the best and basic strategy we should apply. A gambler must have it especially to those beginner who wants profit by playing.

Viscore

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Quote from: Golftech on November 18, 2019, 08:07:08 AM

Correct. gamblers who knows how to control are possible to earned out from this activities. It can be done with the right preparations and
the right games that you'll going to play. Different strategies will work if the gambler itself have a good self discipline while playing, emotions
are very important since it's the key to keep surviving and not to lose your bankroll completely.

Control is a basic strategy or we can say that its a must for every gambler, but it doesn't mean a gambler would be profitable easily.

It will take time before he master and become consistent in gambling but this also needs skills and knowledge because their are people who are even trying hard but they can't find the right strategy to win, they are just like wasting their money for a goal that they don't even have a chance.

Golftech

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Quote from: peter0425 on November 18, 2019, 06:41:37 AM

Quote from: iamsheikhadil on November 17, 2019, 12:29:12 PM

Quote from: seoincorporation on November 17, 2019, 12:08:43 PM

Gambling is a good business for the house, that's why casinos have a house edge, this warrant the profit of the casino in the long game. And this means the users will lose in the long run. But there are people with lot of luck, so, those are the ones who end with profit. Isn't about be smart, in the end of the road is all about luck.

But those same people also become addicted to it after winning so much and then end up coming back to the casino to win more, but they only lose more until they have lost it all again lmao. Human greed overcomes all other emotions sadly haha xD

sad but true mate,greediness makes people fall from their own traps.

and if cant control that same emotion then theres no future awaits for gambling.

being a gambler we must have a self control and know where to stand from the table and when to sit.

Correct. gamblers who knows how to control are possible to earned out from this activities. It can be done with the right preparations and
the right games that you'll going to play. Different strategies will work if the gambler itself have a good self discipline while playing, emotions
are very important since it's the key to keep surviving and not to lose your bankroll completely.

peter0425

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Quote from: iamsheikhadil on November 17, 2019, 12:29:12 PM

Quote from: seoincorporation on November 17, 2019, 12:08:43 PM

Gambling is a good business for the house, that's why casinos have a house edge, this warrant the profit of the casino in the long game. And this means the users will lose in the long run. But there are people with lot of luck, so, those are the ones who end with profit. Isn't about be smart, in the end of the road is all about luck.

But those same people also become addicted to it after winning so much and then end up coming back to the casino to win more, but they only lose more until they have lost it all again lmao. Human greed overcomes all other emotions sadly haha xD

sad but true mate,greediness makes people fall from their own traps.

and if cant control that same emotion then theres no future awaits for gambling.

being a gambler we must have a self control and know where to stand from the table and when to sit.

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Quote from: Betwrong on November 18, 2019, 05:51:02 AM

Quote from: deisik on November 16, 2019, 06:57:00 AM

Maybe, he doesn't have friends, partners, or acquaintances in sufficient "amounts" whom he could trust with a few thousand dollars. If you are betting on multipliers like 1.01x or 1.02x, giving so much money to a lot of people seems to me an extremely risky venture. Someone will undoubtedly let you down sooner or later (and rather sooner than later), so it is not worth it for so small a reward. Apart from that, you would have to pay your "team" something, and that again is meaningless on these multipliers. Maybe, there's something else at play here, I dunno

I didn't think about this at first. Indeed, if you earn $100 out of $10k wagered, what can you offer to your teammate? $50? And you are right, a partner can "lose" the money for whatever reasons.

So, this only proves once again that gambling as a profession is quite a pain in the ash.

Yep, it definitely is

And some of this pain comes from casinos themselves standing between you and profits. Ironically, I don't mean the house edge here as it is in fact a minor pain for the simple reason it is fully predictable, and thus can be taken care of. It is when you try to get around it in some sophisticated way (like the one you mentioned with sports betting) that casinos start to create difficulties and put grit in the device you come up with. It can be the max bet you can place being too low so that you wouldn't earn too much in the best case scenario or the minimum bet amount too high so that you can't unleash the unbridled powers of martingale, or anything that won't let you turn the tables in your favor

Betwrong

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Quote from: deisik on November 16, 2019, 06:57:00 AM

Quote from: Betwrong on November 16, 2019, 06:01:47 AM

~
What I could never understand is that when a guy like Spanky Kyrollos wants to bet $50,000, but he's allowed to bet only $10,000, why can't he make 4 other guys, his friends or just partners, to make bets for him? Same goes for the cases when he's not allowed to bet at all at some place. I mean, that's what he's doing sometimes, according to the story, but why not to do it all the time, and stop complaining about bans and restrictions?

As they say, it is lonely at the top

Maybe, he doesn't have friends, partners, or acquaintances in sufficient "amounts" whom he could trust with a few thousand dollars. If you are betting on multipliers like 1.01x or 1.02x, giving so much money to a lot of people seems to me an extremely risky venture. Someone will undoubtedly let you down sooner or later (and rather sooner than later), so it is not worth it for so small a reward. Apart from that, you would have to pay your "team" something, and that again is meaningless on these multipliers. Maybe, there's something else at play here, I dunno

I didn't think about this at first. Indeed, if you earn $100 out of $10k wagered, what can you offer to your teammate? $50? And you are right, a partner can "lose" the money for whatever reasons.

So, this only proves once again that gambling as a profession is quite a pain in the ash.

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Quote from: akmal1984 on November 17, 2019, 04:46:36 PM

In my opinion there are people who really become professional gamblers. I am sure they are not the same as gamblers who only rely on luck alone. Those professional gamblers must make a real preparation every day. can through watching the video reruns of the previous game or learning the movements of the opponent. For Poker or other card games I think a lot of professional gamblers.

in which other games you've heard about professional gamblers?
any others besides card games?
would love to hear more into that.

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Quote from: LogitechMouse on November 10, 2019, 07:52:35 AM

Quote from: Best Dreams on November 09, 2019, 12:07:01 PM

Surely luck matters in gambling as I know to become a good gambler you must have good luck that can make you win but to become a professional gambler only luck cannot make you win but you must have skills and you must have plenty of knowledge to win with the tricks and also you should have experience and guts to face risk of gambling.

Even the professional gamblers are losing some money. Its just a matter on when they will stop (self control).

Professional gamblers (if there are) know when to stop and when to play. If they know that they aren't lucky at that time then they will stop and call it a day. Even the most skilled and the most experienced gamblers doesn't win all the time. For me, it will be a matter of if you are lucky or not

I'd definitely say that.
and also risk management, it's a must for developing a winning balance on the long run.
many of the principles that you can use on trading you can apply to gambling as well, to play professionally.

but still, of course these are different things.

Best Dreams

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Quote from: Webetcoins on November 17, 2019, 09:21:49 AM

Quote from: Slow death on November 16, 2019, 07:07:57 AM

Quote from: ?? on ??

Quote from: stadus on November 14, 2019, 10:18:07 AM

Quote from: onrise on November 14, 2019, 10:15:07 AM

People who has self discipline will be able to control their emotions and not become too greedy and lose out money. They will know when to play and when to pause and take a break. This people actually make money for them self and rest lose out the money to gambling owners.

Not because you have a discipline in gambling you will win, it does not go that way, discipline is a must but what is needed to win is to have the skills in a game that you choose, whether it's poker or sports betting, you need to be consistently winning in order for you to be profitable, otherwise, you will win some or lose some and you are no different to typical gamblers like us.

Sport betting can be profitable and someone who knew the game a lot has better chance of winning it but it most likely will be lesser odd so the outcome also will be less not like on casino wins so this can be a good reason enough for anyone who can't complete there life being a sport better.

Last month I saw on youtube video of the history of a sports trade expert guy, he said he turned $50 into $40,000. I confess I don't believe in his story, I think he's overdoing it, but for the bets and wins he makes, it may be possible that he made a lot of money. But I keep asking myself:

Why most of those who are sports trade experts make books and sell their books which according to them in their book have all the tips of years of betting they made. Why don't they give away books for free?

If you can earn money from doing something, why wont you. Besides, in order to survive in this world, you must follow this rule, if you are good at something, never do it for free. Now why on earth would they give away knowledge and experience of years for free. Sports bets are not luck based so a person with good interest and understanding, can make correct predictions easily.

Yes if we are having an interest in something and we are skilled in it then why not use it for earning money. We should use our skills and try out luck in gambling but to take it as a profession could be a little risky so it’s good to use it as an optional way of earning. With gambling, we can become rich faster as it's a mixture of luck and skill about different games.

akmal1984

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In my opinion there are people who really become professional gamblers. I am sure they are not the same as gamblers who only rely on luck alone. Those professional gamblers must make a real preparation every day. can through watching the video reruns of the previous game or learning the movements of the opponent. For Poker or other card games I think a lot of professional gamblers.

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Quote from: Blackdeath on November 17, 2019, 01:04:18 PM

I think it is ridiculous to know that there are someone who consider gambling as a profession because there's no way for a gambler to get rich by just playing gambling, even you win a couple of times in gambling you will still end up losing all of your money in gambling if you still keep it up, that is why the only people who get rich in gambling are the owners of a casino and the dealers because all of our losses will go straight to their pocket.

Exactly, well said, and it leaves me wondering how even the people who knows how house edge, basically the math is against them, that they can still win in long term?! Basically they think their luck is better than others and casino will profit from somewhere else than from them.

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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 people who make a living only from gambling does not exist because I see the history of people who play gambling from most gambling platforms more to lose than win. so if it happens to people who play gambling can be able to people who play gambling will run out of money.

Blackdeath

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I think it is ridiculous to know that there are someone who consider gambling as a profession because there's no way for a gambler to get rich by just playing gambling, even you win a couple of times in gambling you will still end up losing all of your money in gambling if you still keep it up, that is why the only people who get rich in gambling are the owners of a casino and the dealers because all of our losses will go straight to their pocket.

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