Gambling as a profession: there's people who live out of gambling? - page 40.

Finestream

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Quote from: stadus on October 17, 2019, 05:44:41 AM

We don't talk about luck here if we are serious with making gambling as our profession.
When we speak of it as a profession, it's like a job that we need to perform effectively to have a great result and that requires us to be smart so we can be consistent in winning and we will end up profitable.

Luck will just come along the way but it will just come and go anytime, so we cannot rely on it.

I certainly agree with your statement, it's done with skills and not with luck, luck is only good for luck based games but we are talking of gambling as a profession, so obviously what we should be playing is a skilled based games like poker, sports betting, and even black jack.

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We don't talk about luck here if we are serious with making gambling as our profession.
When we speak of it as a profession, it's like a job that we need to perform effectively to have a great result and that requires us to be smart so we can be consistent in winning and we will end up profitable.

Luck will just come along the way but it will just come and go anytime, so we cannot rely on it.

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Quote from: livingfree on October 14, 2019, 04:45:57 PM

Quote from: Lucasgabd on October 14, 2019, 12:59:53 PM

have you ever heard about the 4 kinds of luck discussed by Naval?
it's really interesting subject:

Quote

The 4 types of luck, in cliches:

1. Dumb luck (random)

2. Fortune favors the bold (action)

3. Chance favors the prepared mind (preparation)

4. Extreme people get extreme results (unique action)

source:
https://twitter.com/nivi/status/1094940675353784320

Quote

Ways to get lucky:

• Hope luck finds you.

• Hustle until you stumble into it.

• Prepare the mind and be sensitive to chances others miss.

• Become the best at what you do. Refine what you do until this is true. Opportunity will seek you out. Luck becomes your destiny.

source:
https://twitter.com/naval/status/1093981014920052736

more here:
https://podcastnotes.org/2019/03/10/naval-nivi-5/

so,there's luck that finds you, but you can also work on something and learn how to be luckier.

[this post definitely deserves a merit]

I haven't heard about that but for someone who doesn't have technical knowledge about those different kinds of luck will understand that it's not with us all of the time. The problem starts if you keep on hustling and nothing ever happened finding your luck.

This gives false hope to the gambler and this can lead someone to become being broke.

The steps provided here are also gambles especially that fortune favors the bold.This very statement have ruined many lives because they applied this saying to their gambling activity.All the other steps involve luck so relying on luck is not something we can call a profession and it does not guarantee persistent wins in the long run.I have not seen a single individual making a living from gambling except the pokerstars players in Tv.

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Quote from: Barracuda on October 17, 2019, 01:02:21 AM

More precisely is profit. Someone who lives on gambling must think every day about profit. if not, they cannot lead a life without loss. This is what causes stress if income is not achieved every day.

I am sure that professional gamblers can handle their emotions, and they will not become stress while they play gambling. They have a good experience in gambling longer than the people, and that is why they decide to be a professional gambler. But that will cost so much money before they can choose gambler as a profession and they need to learn more and more so they can be a professional gambler. People who want to use gambling as their job will not talk about anything because they will focus on the game. They will train themselves to have a high skill in gambling.

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Quote from: Barracuda on October 17, 2019, 01:02:21 AM

More precisely is profit. Someone who lives on gambling must think every day about profit. if not, they cannot lead a life without loss. This is what causes stress if income is not achieved every day.

Living life from gambling solely is a bad thing in my opinion, this will increase the great pressure. Many people are addicted to gambling even every day they are hard to do something useful, they always think to win so they will have difficulty sleeping. Do you think this kind of behavior is good to maintain?

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Quote from: arifteguhr on October 17, 2019, 12:07:08 AM

If there really is someone who is able to live a daily life as a gambler I think he will also have pressure in him because there is no ketengan life. every day have to think about whether it will really benefit or not. because many gamblers today are experiencing stress and ultimately suicide because they do not have the heart to be better than every day

More precisely is profit. Someone who lives on gambling must think every day about profit. if not, they cannot lead a life without loss. This is what causes stress if income is not achieved every day.

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If there really is someone who is able to live a daily life as a gambler I think he will also have pressure in him because there is no ketengan life. every day have to think about whether it will really benefit or not. because many gamblers today are experiencing stress and ultimately suicide because they do not have the heart to be better than every day

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My perception about it is that, there's no assurance of winning regularly in a gambling, or betting platform. And living out of gambling seems impossible as the creator of such gambling knows how the game is running. They all know the possibilities of the game, and know that they will always win. With regards for a person to live out of gambling, the main reason is when he/she knows the trick of a particular game, he has established his strong pattern on how to always win so the possibility of loss isn't bigger that winning.

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Quote from: iyah adrian on October 14, 2019, 11:16:53 PM

Quote from: yvesp110 on October 14, 2019, 02:50:24 PM

Quote from: doomistake on October 13, 2019, 12:12:12 PM

Quote from: finaleshot2016 on October 13, 2019, 10:28:24 AM

Quote from: bitzizzix on October 13, 2019, 06:57:38 AM

Luck will always be on the side of those who work or make a living from gambling income, because they will try to master the game and will continue to play to earn income for their needs, and this happens to my close friends and even he has more income than me who has permanent work.
and as long as he enjoys and always earns income from gambling he will continue to play, and only God will change it because it has become his way and plan and there will be a good time to change it at the right time.

Are you serious about this?

Luck is invisible, you can't predict whether this person will get lucky or not because it's very random. Even you're full of hard work and put so much effort into your passion, if there's no luck then you will still strive more to get another luck. Winning and being successful in gambling is pure luck, no one can get a winning streak in the whole year unless the person is cheating or controlling the house.

You didn't consider the other factors your friend has so he/she keeps winning. It's not about luck, it's your idea and strategy also but luck has the huge factor of winning.

Luck is a natural phenomenon that could happen to all of us and yes, it is indeed random. It is not luck anymore if you master gambling or became a professional gambler, it is what we called "skill" that could bring us fortune in playing gambling, but winning and being successful is not pure luck, maybe sometimes, but it's not always, because every time we play and lose, we learn, and we use those every lessons we learned in gambling to win profits.

Not only gambling but all games that we play are controlled by two important factors i.e. luck and skills about that game. The history of sports is full of incidences when luck came into action and made people victorious and vice versa. There are also numerous cases where people won because of their skills. So in short, we shall master the game and then rely on luck.

Agree with you say. Actually in gambling we can't just rely on luck alone, without any skill and strategy when playing. The luck factor also cannot always be expected when gambling, because it really doesn't always come. It's always better to add skills to each game than to expect to play with luck.

I think gambling is a matter of pure luck and strategies do play roll in gambling but only at the time when one’s luck is not working properly. Even if one’s strategy is good enough, even then he would need a good luck to win the game. For me, luck plays a keen role in each and every single game of gambling but I don’t know why you are not agreeing with luck involved in gambling.

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Quote from: DGulari on October 15, 2019, 09:53:42 AM

Quote from: LogitechMouse on October 15, 2019, 02:26:31 AM

I can't blame those gamblers who wants to live out of gambling but for me it is the worst decision a person can make. Many knows that gambling is the riskiest investment and they want to live out of it. If you really want to then you need a huge capital to live.

Gambling isn't even an investment. Who is so st*pid to say if gambling is one of investment? It's different story if you are telling about investment in gambling / casino. Even if you have huge bankroll, it doesn't make you never / can't lose in gambling, you will likely lose more if you try with huge money in gambling because of your greediness.

It's because they determine that the money you gamble is considered as an investment, simple as that. And saying that gambling for a living is a worst decision.

You should look at both sides, there were gamblers that made their lives great because of it but we know that the majority didn't. Those gamblers that became good at it as a source, of course they were very few.

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Quote from: LogitechMouse on October 14, 2019, 03:09:55 AM

Quote from: bitzizzix on October 13, 2019, 06:57:38 AM

Luck will always be on the side of those who work or make a living from gambling income, because they will try to master the game and will continue to play to earn income for their needs, and this happens to my close friends and even he has more income than me who has permanent work.
and as long as he enjoys and always earns income from gambling he will continue to play, and only God will change it because it has become his way and plan and there will be a good time to change it at the right time.

That is not how it works Cheesy

. Do you mean that luck will be picky and will pick those people who make living from gambling income Cheesy

.

Luck isn't picky if you know, it will be on random people whether making a living from gambling income or not. Maybe it happens to your close friends but don't generalize it and saying that all people will experience what your close friends did Cheesy

Luck has to do nothing with the mode of earning you are using to make money. We shall understand that even when we are earning money through illegal means, luck can be with us and vice versa. I also support this concept that it showers blessings on random people. There are no tricks or tactics of attracting luck.

We could say there are no tricks or tactics about luck but people believe it so and keep believing in all times no matter how they get hard into winning.
I know luck isn't for everyone but gamblers never get tired of chasing it. But a little bit disappointing to see people never realize how gambling works. It may be for some reasons, to become an instant millionaire because of the big jackpot prize, I believe it was in their mind and that is probably the reason of being in the gambling, not just for fun.

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Quote from: ivorychris on October 09, 2019, 11:05:45 AM

Very interesting topic. Tell me im too old school however I still believe that gambling is still a win of luck.
Similar with trading its not always a winning trade even though you are a professional trader.

Luck will always play a factor in everything we do and that is even more true in gambling but make no mistake there are some games in which your skill can affect the outcome as well and it is in those games where professional gamblers make their money, but before you or anyone else tries to become a professional gambler you need to understand the difficulty of it.

While I do not have stats it is safe to say that the majority of gamblers lose money when they gamble and one of the most important factors is their lack of control, as soon as they lose they begin to bet more in an attempt to recover their money and this only makes them to lose even faster and professional gamblers are experts at controlling those self-destructive impulses.

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Quote from: LogitechMouse on October 15, 2019, 02:26:31 AM

I can't blame those gamblers who wants to live out of gambling but for me it is the worst decision a person can make. Many knows that gambling is the riskiest investment and they want to live out of it. If you really want to then you need a huge capital to live.

Gambling isn't even an investment. Who is so st*pid to say if gambling is one of investment? It's different story if you are telling about investment in gambling / casino. Even if you have huge bankroll, it doesn't make you never / can't lose in gambling, you will likely lose more if you try with huge money in gambling because of your greediness.

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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.

Maybe there are some?? A few professional gamblers but they are not revealing themselves for security purposes Cheesy

.

I can't blame those gamblers who wants to live out of gambling but for me it is the worst decision a person can make. Many knows that gambling is the riskiest investment and they want to live out of it. If you really want to then you need a huge capital to live.

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Quote from: smyslov on October 15, 2019, 12:46:09 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.

I think there are and they are many of them like casino operators, dealers, and usher they make a living out of the gambling industry, but if it is only in playing gambling, I don't think they are that many, because it's hard to make a living out of gambling alone, it's a game of luck that even gamblers have no control of, it takes to become a god of gambler to make a living out of gambling.

For people who are not playing gambling, but they work in the gambling industry, they can make a living from gambling. But for people who are playing gambling, they are hard to make a living. They will face experiences to get lost many times because they really need to have luck. The luck itself will not come to them every day so that will makes them have to lose the money.

We talk in the general of gambling games and not for specific of the games. Although there is a chance for poker player or sports betting which can make a living from that type of gambling, that still is difficult for ordinary people who don't have so many experiences to make a living from 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.

I think there are and they are many of them like casino operators, dealers, and usher they make a living out of the gambling industry, but if it is only in playing gambling, I don't think they are that many, because it's hard to make a living out of gambling alone, it's a game of luck that even gamblers have no control of, it takes to become a god of gambler to make a living out of gambling.

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Quote from: yvesp110 on October 14, 2019, 02:50:24 PM

Quote from: doomistake on October 13, 2019, 12:12:12 PM

Quote from: finaleshot2016 on October 13, 2019, 10:28:24 AM

Quote from: bitzizzix on October 13, 2019, 06:57:38 AM

Luck will always be on the side of those who work or make a living from gambling income, because they will try to master the game and will continue to play to earn income for their needs, and this happens to my close friends and even he has more income than me who has permanent work.
and as long as he enjoys and always earns income from gambling he will continue to play, and only God will change it because it has become his way and plan and there will be a good time to change it at the right time.

Are you serious about this?

Luck is invisible, you can't predict whether this person will get lucky or not because it's very random. Even you're full of hard work and put so much effort into your passion, if there's no luck then you will still strive more to get another luck. Winning and being successful in gambling is pure luck, no one can get a winning streak in the whole year unless the person is cheating or controlling the house.

You didn't consider the other factors your friend has so he/she keeps winning. It's not about luck, it's your idea and strategy also but luck has the huge factor of winning.

Luck is a natural phenomenon that could happen to all of us and yes, it is indeed random. It is not luck anymore if you master gambling or became a professional gambler, it is what we called "skill" that could bring us fortune in playing gambling, but winning and being successful is not pure luck, maybe sometimes, but it's not always, because every time we play and lose, we learn, and we use those every lessons we learned in gambling to win profits.

Not only gambling but all games that we play are controlled by two important factors i.e. luck and skills about that game. The history of sports is full of incidences when luck came into action and made people victorious and vice versa. There are also numerous cases where people won because of their skills. So in short, we shall master the game and then rely on luck.

Agree with you say. Actually in gambling we can't just rely on luck alone, without any skill and strategy when playing. The luck factor also cannot always be expected when gambling, because it really doesn't always come. It's always better to add skills to each game than to expect to play with luck.

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Quote from: Lucasgabd on October 14, 2019, 12:59:53 PM

have you ever heard about the 4 kinds of luck discussed by Naval?
it's really interesting subject:

Quote

The 4 types of luck, in cliches:

1. Dumb luck (random)

2. Fortune favors the bold (action)

3. Chance favors the prepared mind (preparation)

4. Extreme people get extreme results (unique action)

source:
https://twitter.com/nivi/status/1094940675353784320

Quote

Ways to get lucky:

• Hope luck finds you.

• Hustle until you stumble into it.

• Prepare the mind and be sensitive to chances others miss.

• Become the best at what you do. Refine what you do until this is true. Opportunity will seek you out. Luck becomes your destiny.

source:
https://twitter.com/naval/status/1093981014920052736

more here:
https://podcastnotes.org/2019/03/10/naval-nivi-5/

so,there's luck that finds you, but you can also work on something and learn how to be luckier.

[this post definitely deserves a merit]

I haven't heard about that but for someone who doesn't have technical knowledge about those different kinds of luck will understand that it's not with us all of the time. The problem starts if you keep on hustling and nothing ever happened finding your luck.

This gives false hope to the gambler and this can lead someone to become being broke.

yvesp110

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Activity: 1092

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Quote from: doomistake on October 13, 2019, 12:12:12 PM

Quote from: finaleshot2016 on October 13, 2019, 10:28:24 AM

Quote from: bitzizzix on October 13, 2019, 06:57:38 AM

Luck will always be on the side of those who work or make a living from gambling income, because they will try to master the game and will continue to play to earn income for their needs, and this happens to my close friends and even he has more income than me who has permanent work.
and as long as he enjoys and always earns income from gambling he will continue to play, and only God will change it because it has become his way and plan and there will be a good time to change it at the right time.

Are you serious about this?

Luck is invisible, you can't predict whether this person will get lucky or not because it's very random. Even you're full of hard work and put so much effort into your passion, if there's no luck then you will still strive more to get another luck. Winning and being successful in gambling is pure luck, no one can get a winning streak in the whole year unless the person is cheating or controlling the house.

You didn't consider the other factors your friend has so he/she keeps winning. It's not about luck, it's your idea and strategy also but luck has the huge factor of winning.

Luck is a natural phenomenon that could happen to all of us and yes, it is indeed random. It is not luck anymore if you master gambling or became a professional gambler, it is what we called "skill" that could bring us fortune in playing gambling, but winning and being successful is not pure luck, maybe sometimes, but it's not always, because every time we play and lose, we learn, and we use those every lessons we learned in gambling to win profits.

Not only gambling but all games that we play are controlled by two important factors i.e. luck and skills about that game. The history of sports is full of incidences when luck came into action and made people victorious and vice versa. There are also numerous cases where people won because of their skills. So in short, we shall master the game and then rely on luck.

Lucasgabd

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Quote from: livingfree on October 14, 2019, 03:38:15 AM

Quote from: bitzizzix on October 13, 2019, 06:57:38 AM

Luck will always be on the side of those who work or make a living from gambling income

Luck comes at any time that it can. There's no way to be it will always be to every gambler from time to time. If luck stays most often, what casino will profit? and most of the gamblers will win if that's the case.

Luck doesn't choose people, working or doing it for living. There are gamblers that do it for few times and they become lucky. Even the people who are doing it for daily life are even experiencing losing.

have you ever heard about the 4 kinds of luck discussed by Naval?
it's really interesting subject:

Quote

The 4 types of luck, in cliches:

1. Dumb luck (random)

2. Fortune favors the bold (action)

3. Chance favors the prepared mind (preparation)

4. Extreme people get extreme results (unique action)

source:
https://twitter.com/nivi/status/1094940675353784320

Quote

Ways to get lucky:

• Hope luck finds you.

• Hustle until you stumble into it.

• Prepare the mind and be sensitive to chances others miss.

• Become the best at what you do. Refine what you do until this is true. Opportunity will seek you out. Luck becomes your destiny.

source:
https://twitter.com/naval/status/1093981014920052736

more here:
https://podcastnotes.org/2019/03/10/naval-nivi-5/

so,there's luck that finds you, but you can also work on something and learn how to be luckier.

[this post definitely deserves a merit]

Topic: Gambling as a profession: there's people who live out of gambling? - page 40. (Read 6953 times)