Gambling as a profession: there's people who live out of gambling? - page 41.

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Quote from: iamsheikhadil on October 13, 2019, 09:18:52 AM

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Well, even if the player is extremely lucky, and luck comes o him all the time, he will still lose in the long run because the house edge will eat the bets soon. Math always win in game of math vs luck xD

And what math is telling you exactly? If you think that it's telling that no one can be in profit from gambling, say, 30 years in a row, you are wrong, my friend. Math can only tell that the vast majority, say 99.99999% of gamblers, can't be that lucky for so long. But there are 7.7 billion people in the world, and with this number of tries almost anything is possible. That's why we have so called "professional gamblers" who, supposedly, know how to win, and that's why we have "saints" who, supposedly, perform miracles, etc.

In short, math can only tell you that a gambler will most likely lose in the long run, but the same math can tell you that there is a chance, although extremely small one, that he/she will never lose.

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Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

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Quote from: bitzizzix on October 13, 2019, 05:57:38 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

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Quote from: doomistake on October 13, 2019, 11:12:12 AM

Quote from: finaleshot2016 on October 13, 2019, 09:28:24 AM

Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

Totally sure about it a good gambler know this that it’s not good to rely only on your luck but for making good profit from your investment you people will have to work hard and get know the game, polish your skills about gambling. To become a professional gambler we must have 50/50 luck/skills and knowledge about casino.

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Quote from: finaleshot2016 on October 13, 2019, 09:28:24 AM

Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

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Quote from: romero121 on October 12, 2019, 06:54:03 PM

Quote from: Best Dreams on October 12, 2019, 04:25:02 PM

Quote from: Tungsten-1 on October 11, 2019, 03:15:10 PM

Quote from: ivorychris on October 09, 2019, 10:05:45 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.

No doubt that gambling is still a case of luck. From luck I meant to say about good luck only because bad luck has no role to play in case of gambling. If someone tries to carry on with bad luck despite his or her bad luck, then I think it’s totally something that wouldn’t last long. So gambling is only the matter of luck and if even the whole world starts saying that this is wrong, it can never change.

I agree with you in gambling is about luck but don't forget that luck and skill both has to Carry. If you have good luck and you have abilities to play a game well you will win and then after your effort your luck will help you. With out anything else you can't only rely on luck. One have to have good skills to play well in gambling.

When you have luck, even if you don't play the game well you'll be winning. This is the truth of luck, when you are playing depending upon the skills you've gathered it is a must to have some luck. Because to study the scripts of each and every gambling site is a hard thing. We can make calculations and play, but the luck is the one that gets us with the winning on the amount risked.

There are people who consider it to be a profession. From my experience as a gambler it is hard to be a professional gambler, you need to have patience, patience, patience. If you have that somehow you can earn, if not at least you can get rid of the losses.

All those who are true gamblers they are truly aware of this fact that gambling is a game that does not need any physical strength or mental strategies. There is no way you can become a hero in gambling because of your skills etc. this is simply your luck either taking you to heights of success or depths of failures. This is why it is often said that do not treat gambling as a main source of money.

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Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

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Quote from: traderethereum on October 13, 2019, 09:07:58 AM

Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

I don't think so because luck will not come to all the people who work or make a living from gambling.
Luck will come only at the right time and in the right place, and of course, luck will come to the right person too.
Even if that person tries to master the game, it doesn't mean the luck will come to him because it's not like that the luck works.
The luck will come if you deserve to get the luck and you are the right person to get those luck.
Many gamblers are trying to get their luck, but unfortunately, the luck will not appear to them, so that makes them lose the money.
Maybe your friend has better luck than the other friends so he can win the game.
But I don't think he can always win the games because luck will not always come to him.

Well, even if the player is extremely lucky, and luck comes o him all the time, he will still lose in the long run because the house edge will eat the bets soon. Math always win in game of math vs luck xD

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Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

I don't think so because luck will not come to all the people who work or make a living from gambling.
Luck will come only at the right time and in the right place, and of course, luck will come to the right person too.
Even if that person tries to master the game, it doesn't mean the luck will come to him because it's not like that the luck works.
The luck will come if you deserve to get the luck and you are the right person to get those luck.
Many gamblers are trying to get their luck, but unfortunately, the luck will not appear to them, so that makes them lose the money.
Maybe your friend has better luck than the other friends so he can win the game.
But I don't think he can always win the games because luck will not always come to him.

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Quote from: bitzizzix on October 13, 2019, 05:57:38 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.

Lol that's not the case at all xD although luck chooses whoever it wanna be on the side of, it doesn't take time to swtich sides! Maybe your friends try to control their bets upto the point they need it and not play continuously as if they did that, the house edge will kill all money no matter the good luck!

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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.

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Quote from: Natalim on October 09, 2019, 05:41:30 PM

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To become broke, that's the worse punishment of being irresponsible or unrealistic because its not about luck alone.

That's being stupid if you will only rely on luck because the more you gamble, the more you lose without consistency, and to achieve consistency, you need to develop your skills in gambling as that would make you confident, luck only does come unexpectedly so just erase it in your mind, if you are lucky then well and good but never consider it as your strategy if you are gambling consistently.

No one is permanently lucky or unlucky. Movies and books have implanted this idea in people's minds that there are those who are constantly lucky in gambling, in love, in everything, and there are others who are cursed or something, and whatever they do they encounter misfortune in the process. Such stories sell well,but they have little to do with reality.

For the most part, people who are called "professional gamblers" are neither more skillful, nor more lucky than other gamblers. They just have been more lucky than others for the last several years.

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Quote from: Best Dreams on October 12, 2019, 04:25:02 PM

Quote from: Tungsten-1 on October 11, 2019, 03:15:10 PM

Quote from: ivorychris on October 09, 2019, 10:05:45 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.

No doubt that gambling is still a case of luck. From luck I meant to say about good luck only because bad luck has no role to play in case of gambling. If someone tries to carry on with bad luck despite his or her bad luck, then I think it’s totally something that wouldn’t last long. So gambling is only the matter of luck and if even the whole world starts saying that this is wrong, it can never change.

I agree with you in gambling is about luck but don't forget that luck and skill both has to Carry. If you have good luck and you have abilities to play a game well you will win and then after your effort your luck will help you. With out anything else you can't only rely on luck. One have to have good skills to play well in gambling.

When you have luck, even if you don't play the game well you'll be winning. This is the truth of luck, when you are playing depending upon the skills you've gathered it is a must to have some luck. Because to study the scripts of each and every gambling site is a hard thing. We can make calculations and play, but the luck is the one that gets us with the winning on the amount risked.

There are people who consider it to be a profession. From my experience as a gambler it is hard to be a professional gambler, you need to have patience, patience, patience. If you have that somehow you can earn, if not at least you can get rid of the losses.

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Quote from: Tungsten-1 on October 11, 2019, 03:15:10 PM

Quote from: ivorychris on October 09, 2019, 10:05:45 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.

No doubt that gambling is still a case of luck. From luck I meant to say about good luck only because bad luck has no role to play in case of gambling. If someone tries to carry on with bad luck despite his or her bad luck, then I think it’s totally something that wouldn’t last long. So gambling is only the matter of luck and if even the whole world starts saying that this is wrong, it can never change.

I agree with you in gambling is about luck but don't forget that luck and skill both has to Carry. If you have good luck and you have abilities to play a game well you will win and then after your effort your luck will help you. With out anything else you can't only rely on luck. One have to have good skills to play well in gambling.

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Quote from: ivorychris on October 09, 2019, 10:05:45 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.

No doubt that gambling is still a case of luck. From luck I meant to say about good luck only because bad luck has no role to play in case of gambling. If someone tries to carry on with bad luck despite his or her bad luck, then I think it’s totally something that wouldn’t last long. So gambling is only the matter of luck and if even the whole world starts saying that this is wrong, it can never change.

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Quote from: hahay on October 10, 2019, 05:43:49 PM

Quote from: FontSeli on October 10, 2019, 04:51:35 PM

Quote from: TopT3ns on October 07, 2019, 11:13:48 AM

If described between normal gamblers and professional gamblers it is 1: 1,000,000 meaning the bookies are never defeated they will continue to make a profit
If there are 10% of professional gamblers in this world, bookies will go bankrupt. Make gambling as entertainment if winning is just a bonus Wink

It all depends on what the professional players specialize in. For example poker players do not bring damage to the casino they always play with each other and beat each other. The casino in this case acts only as an intermediary. And just in poker there are a lot of professional players who go to various tournaments and in this way earn a living.

Yes, but still, even though the casino is only an intermediary and from them or gamblers there will be losers and winners. Gambling is a quick turnaround of money and indeed some gamblers are able to maintain victory for some time and not for ever because there are times when they will quit gambling to look for other professions that can generate more stable money.

certainly not forever they will rely on to get money only from the results of gambling alone, even though he has expertise in gambling. sometimes they feel bored with gambling activities that he does, especially if there are partners who offer promising businesses that can make a lot of money, automatically for a while he will leave the gambling activity.

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Quote from: hahay on October 10, 2019, 05:43:49 PM

Quote from: FontSeli on October 10, 2019, 04:51:35 PM

Quote from: TopT3ns on October 07, 2019, 11:13:48 AM

If described between normal gamblers and professional gamblers it is 1: 1,000,000 meaning the bookies are never defeated they will continue to make a profit
If there are 10% of professional gamblers in this world, bookies will go bankrupt. Make gambling as entertainment if winning is just a bonus Wink

It all depends on what the professional players specialize in. For example poker players do not bring damage to the casino they always play with each other and beat each other. The casino in this case acts only as an intermediary. And just in poker there are a lot of professional players who go to various tournaments and in this way earn a living.

Yes, but still, even though the casino is only an intermediary and from them or gamblers there will be losers and winners. Gambling is a quick turnaround of money and indeed some gamblers are able to maintain victory for some time and not for ever because there are times when they will quit gambling to look for other professions that can generate more stable money.

Of course. No player can win all the time, but among professional poker players, it is enough to show yourself several times at major Championships to get sponsorships from major poker sites, such as PokerStars and others. These players may not be many, but I think that all over the world there will be several hundred or even thousands of people who somehow receive income from poker or its advertising.

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Quote from: FontSeli on October 10, 2019, 04:51:35 PM

Quote from: TopT3ns on October 07, 2019, 11:13:48 AM

If described between normal gamblers and professional gamblers it is 1: 1,000,000 meaning the bookies are never defeated they will continue to make a profit
If there are 10% of professional gamblers in this world, bookies will go bankrupt. Make gambling as entertainment if winning is just a bonus Wink

It all depends on what the professional players specialize in. For example poker players do not bring damage to the casino they always play with each other and beat each other. The casino in this case acts only as an intermediary. And just in poker there are a lot of professional players who go to various tournaments and in this way earn a living.

Yes, but still, even though the casino is only an intermediary and from them or gamblers there will be losers and winners. Gambling is a quick turnaround of money and indeed some gamblers are able to maintain victory for some time and not for ever because there are times when they will quit gambling to look for other professions that can generate more stable money.

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Quote from: TopT3ns on October 07, 2019, 11:13:48 AM

If described between normal gamblers and professional gamblers it is 1: 1,000,000 meaning the bookies are never defeated they will continue to make a profit
If there are 10% of professional gamblers in this world, bookies will go bankrupt. Make gambling as entertainment if winning is just a bonus Wink

It all depends on what the professional players specialize in. For example poker players do not bring damage to the casino they always play with each other and beat each other. The casino in this case acts only as an intermediary. And just in poker there are a lot of professional players who go to various tournaments and in this way earn a living.

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Quote from: gandame on October 09, 2019, 04:47:54 PM

Quote from: ivorychris on October 09, 2019, 10:05:45 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.

Yes its true that gambling is win of luck many people are getting poor because they are not lucky they are always lose. So they are broke no money no house and some they left there family for that gambling.
Also in trading you some can lose their capital and some are getting more benefits so they are similar because both are need luck to win.

To become broke, that's the worse punishment of being irresponsible or unrealistic because its not about luck alone.

That's being stupid if you will only rely on luck because the more you gamble, the more you lose without consistency, and to achieve consistency, you need to develop your skills in gambling as that would make you confident, luck only does come unexpectedly so just erase it in your mind, if you are lucky then well and good but never consider it as your strategy if you are gambling consistently.

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