Gambling as a profession: there's people who live out of gambling? - page 43.

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Quote from: qwertyup23 on October 05, 2019, 12:41:06 AM

Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

There is a huge distinction between gambling that provides job opportunities for people AND people who gamble as their main source of income.

In the former, like you mentioned, it provides job opportunities to millions of people around the world. Not only does it contribute to the people but provides revenue for the country as well. The latter, however, is entirely different and significantly risky. They live around the edge wherein their main source of income is based on 70% luck and 30% skill.

It is only person who use money for gambling and they get profit from it. Buying income from gambling is your own choice but having a job is an attractive options as in gambling you will not be sure about gaining profit but in your job you get monthly salary so be with both it saves you from so many financial crises.

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Quote from: PeRo on October 05, 2019, 02:56:59 PM

The only people I know that made a fortune or are making a living from gambling are mostly cheating.

The only people I know saying people who makes fortune in gambling are mostly cheaters are those people who plays gambling but always lose, grow up. I will allow your accusation if you will provide enough evidence that will support this nonsense accusation of yours. Making a fortune is possible, everything is possible if you don't know how to quit in what you wanted to do. Put on their shoes on you before you judge them.

You don't know how much money they've risk just to be a professional gambler, try to make some efforts and hard work, you'll know what it feels to have a fortune doing something you really like.

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Quote from: BitcoinHunt3r on October 06, 2019, 01:39:49 AM

n count how much people success from gambling, but to said no one that can be rich from gambling i am not agree too. Maybe who already skilled or maybe who join some competition already have a lot of money from gambling so they are usually ready to win or lose.

These are people with skills who can make consistent money in gambling, and they are professional as well so they are always ready to accept loses.
People with such skills is always realistic, their decision always has the basis and not just based on gut feel or being superstitious just to attract luck.

Their approach is different from most gamblers that's why only few of the total gamblers who are successful in making money.

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Quote from: partysaurus on October 05, 2019, 10:07:34 PM

Quote from: PeRo on October 05, 2019, 02:56:59 PM

The only people I know that made a fortune or are making a living from gambling are mostly cheating. Such as labeled cards for poker or other card games or other framed games. Gambling sometimes does give you money, but you cant live from that, you either spend it or lose it in another run, so it can't really be a profession.

thats not true! alot of people been making a living from poker for over 50 years atleast, just check out this bronson fella in poker hes been living of poker way before it was even popular in the main stream same with stu ungar and alot of other people.
Gambling is ancient and alot of people made aliving out of it through time!

Maybe we can count how much people success from gambling, but to said no one that can be rich from gambling i am not agree too. Maybe who already skilled or maybe who join some competition already have a lot of money from gambling so they are usually ready to win or lose.

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Quote from: PeRo on October 05, 2019, 02:56:59 PM

The only people I know that made a fortune or are making a living from gambling are mostly cheating. Such as labeled cards for poker or other card games or other framed games. Gambling sometimes does give you money, but you cant live from that, you either spend it or lose it in another run, so it can't really be a profession.

thats not true! alot of people been making a living from poker for over 50 years atleast, just check out this bronson fella in poker hes been living of poker way before it was even popular in the main stream same with stu ungar and alot of other people.
Gambling is ancient and alot of people made aliving out of it through time!

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Quote from: PeRo on October 05, 2019, 02:56:59 PM

The only people I know that made a fortune or are making a living from gambling are mostly cheating.

I don't think so.

There were legit wins and fortune in gambling for few people. I'm impress with those poker professionals that really are staying and making it a living. They have strategies and they are increasing also their emotional endurance which is needed for them not to tilt.

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The only people I know that made a fortune or are making a living from gambling are mostly cheating. Such as labeled cards for poker or other card games or other framed games. Gambling sometimes does give you money, but you cant live from that, you either spend it or lose it in another run, so it can't really be a profession.

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Quote from: qwertyup23 on October 05, 2019, 12:41:06 AM

~
There is a huge distinction between gambling that provides job opportunities for people AND people who gamble as their main source of income.

In the former, like you mentioned, it provides job opportunities to millions of people around the world. Not only does it contribute to the people but provides revenue for the country as well. The latter, however, is entirely different and significantly risky. They live around the edge wherein their main source of income is based on 70% luck and 30% skill.

I agree with you. I've heard and read many times that poker(my favorite game) is a game of skill, but from my experience it mostly depends on luck, 70%/30%, like you said. Not to mention games like slots, dice, roulette, plinko and the likes where the ratio is 100%/0%.

I strongly believe that in most cases people who "live out of gambling" are no different from other gamblers except for one thing, they are more lucky than others.

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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 people who uses gambling as a way of living and most of them had years of practice to hone their skills especially in card games like poker. Most of them also are gamblers in real life and hunt different casinos to try their gambling skills. Online gambling on the other hand, is more difficult because withdrawal fees can be high thus smaller income is expected if you turn gambling as full time profession. It is difficult but some can manage and continue to do so.

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Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

There is a huge distinction between gambling that provides job opportunities for people AND people who gamble as their main source of income.

In the former, like you mentioned, it provides job opportunities to millions of people around the world. Not only does it contribute to the people but provides revenue for the country as well. The latter, however, is entirely different and significantly risky. They live around the edge wherein their main source of income is based on 70% luck and 30% skill.

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Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

Jobs?? Maybe those employees who are working in the casino then you can consider them but to those gamblers who are seeing gambling as a profession? I don't think so.

Those people who are living off in gambling will be ran out of fuel soon I mean they will become a loser anytime and their money will be lost and will become a bankrupt.

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Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

This happens for irresponsible gamblers but there are wise gamblers that once they've find their luck and it's their time. They will keep calm and look into the turning of situation.

Not all of them turns into a criminal but mostly become broke. It's all matter to them on how they've manage themselves while they are at the peak of their luck.

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Quote from: virasog on October 04, 2019, 12:32:23 PM

Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

Gambling a Profession. No Never Not at all

How can you rely on something which is unstable and unpredictable. It can be considered as a game of fun but it cannot be something which can earn you constant income for the rest of your life

We believe isn't a profession but we can't deny that a lot of people become a millionaire because of gambling. They lose a lot of money before then but actually, they'll return later. The growing numbers of gamblers it simply means that many people are changing their lifestyle, either they consider this as a game of fun or just for passive income. Isn't to be considered yet as a profession but can be consider as another source of income.

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Exactly a lot of gamblers are having this opportunity to earn in gambling and they are having good name as well. We can make profit in gaming it’s good job we can get money to live out daily needs.

There are people who are gifted with skills in gambling, and they can be profitable in gambling and of course they can make a living from their activity.
When you are good in gambling, you are not just making money for your daily needs but mostly your wants since you are not earning just enough, you can earn as much as you want as that skills you have could give you the financial freedom everyone is hoping for.

As a gambler, I always wish to be a professional gambler and make a living our of it but I understand although I like it but I don't possess the skills some people has, so I just enjoy and consider gambling a fun activity.

hahay

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Quote from: mersal on October 04, 2019, 12:45:39 PM

Quote from: virasog on October 04, 2019, 12:32:23 PM

Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

Gambling a Profession. No Never Not at all

How can you rely on something which is unstable and unpredictable. It can be considered as a game of fun but it cannot be something which can earn you constant income for the rest of your life

Unless he is from future or got time travel machine. Cheesy

But there are some who managed to survive from their asset or from luck but it cannot be considered as profession.

Indeed, some gamblers have a good level of luck so they can make a profit every day or week that is at least sufficient for some needs in their daily lives. However, luck will not always be there for him which will cause gamblers to lose a lot of money in a short time and of course with problems like this, then gambling is not suitable to be a profession for an income.

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I have been watching TV reportage about gambler from Las Vegas.He was living in Vegas gambling was all his life
Every night he was gamble always at same casino.He become well known .Local press was posting about him and his life.Once he had night of his life he won really big broke bank almost.That was huge lose for casino
Next night he came back and he lost all money what he won previous night
That story became famous.Many newspapers was writing about him and hid gambling passion
He became living legend of Vegas and living legend of casino where he was gamble.People was traveling to that his casino to watch him to gamble with him.He never changed his behavior gambling was his life .It was not about to win or lost it was able to gamble.But life is life people needs money he never did any good money losing if he won anything.
Once he asked casino to pay him a little because of his legend casino has a lot of customers but casino rejected his ask they didn"t want to share with him any money.Finally he was poor tired living in very small flat
All together sad story and maybe good conclusion.If you win take your award and never comeback

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Quote from: virasog on October 04, 2019, 12:32:23 PM

Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

Gambling a Profession. No Never Not at all

How can you rely on something which is unstable and unpredictable. It can be considered as a game of fun but it cannot be something which can earn you constant income for the rest of your life

Unless he is from future or got time travel machine. Cheesy

But there are some who managed to survive from their asset or from luck but it cannot be considered as profession.

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Quote from: Tipstar on October 03, 2019, 02:02:55 AM

Gambling is an industry that provides jobs to millions of people around the world.
There might be people living off on gambling wins but they'd soon run out of luck and end bankrupt and might even go insane or turn into a criminal.

Gambling a Profession. No Never Not at all

How can you rely on something which is unstable and unpredictable. It can be considered as a game of fun but it cannot be something which can earn you constant income for the rest of your life

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Quote from: ChrisPop on October 01, 2019, 03:01:26 AM

Besides poker and sportsbetting there is no other lucrative method to live out of gambling. Maybe blackjack if you know how to count cards but nowadays with those deck shufflers in every casino that strategy is not really viable anymore so rest in pace card counters Cheesy

Regarding sportsbetting I know people that trade the change of odds while the match is happening and they make a pretty consistent gains. It requires quite a learning curve, but it's worth it especially if you are passionate about sports.

The problem is that requires a huge deal of expertise, most sports bettors concentrate in just a few sports and they need to obsessively watch every game and calculate odds so while there is no doubt that you can get good profits as a sport bettor it is incredibly difficult to do so, in my opinion poker is an easier game to learn and you could get decent profits at the lowest stakes but the higher you go the more difficult it will be to earn money as the competition gets harder.

Taking all of this into consideration I will say that less than 1% of the players have any possibility of becoming professional gamblers.

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Quote from: stephanirain on October 04, 2019, 07:01:55 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.

Considering gambling as a profession isn't a new idea on the history of mankind. Many Asian countries before was a powerhouse in terms of the gambling industry. Some customers did manage to make living out of it because they realize the trick in winning. This strategy however, is difficult in online gambling. Most games right now in online gambling are not profitable, tho some can be self sustaining. It all goes down to the player's skills and if he is good enough to dodge those probability to lose, he can pretty sure make a living out of it.

- Real or online gambling, everything is too difficult for someone who wants to make a living from this job, even if it is a highly skilled person and can be called a professional during the gambling process, their strategy and profitability have not remained stable for a long time. Because all games always have some tricks, even some holes, the casino always takes advantage and sets the biggest advantage for them, a few times we can get past them but when they improve everything we can only fight in vain, this world probably doesn't welcome such a risky job, living in gambling is just the dark

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