Gambling as a profession: there's people who live out of gambling? - page 49.

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Quote from: Swingle on September 22, 2019, 11:40:40 PM

One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.

In theory all gamblers start this way and they think that they will not fall victim of greed.Then they start to gamble more and more to recoup the lost amount of money which ultimately leads to greed and 99% of the gamblers are destroyed emotionally speaking.The remaining 1% are those who are making a living from gambling.

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Quote from: Swingle on September 22, 2019, 11:40:40 PM

One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.

You should not do that if you want to make a living in gambling.
Being greedy is being too emotional or unrealistic, you won't be able to be stable in the long run with that weak control of your emotion.

Well, maybe people somehow are greedy as we want more, but we need to ensure we have a strategy employed while we are gambling and has to make it's a working one so it will give us success in the long run because only those who are consistent in winning are going to be successful in gambling.
In reality, majority of us are losers and although that reality is does not favor us but being successful is not impossible to achieve.

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One major thing that has always ruined gamblers is greed. Wanting more and more eventually lossing all. The key thing in gambling is to have a set goals or plan, how much you intend to stake (total sum) and how much loss you can accommodate. Once these two is set, then you have to gamble with your head intact and not emotionally. Quite a lot of people depend on it for survival though.

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Quote from: boyptc on September 22, 2019, 03:17:43 PM

Quote from: noormcs5 on September 22, 2019, 07:32:21 AM

Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.

It's never been a job but there are people who really depend on it.

The situation is that they are already wealthy and the profit that they'll get with gambling is just a plus.

It is easy to manifest from this venue if you have a good source of funding since you are not worrying with your losses and you can think clearer to set your strategy to favor your bets. If you have sets of plans and you are ready taking the risk and work on without any fear it can give you much better results. Continuing getting good outcome will be a reason to make this place to be profitable professions.

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Quote from: madnessteat on September 22, 2019, 01:19:35 PM

Of course, there are people who earn their living professionally from gambling. They know math, game theory, probability laws and other sciences well. This kind of income is not available to everyone and he who earns money in this way does not share his secrets with other people.

That will be only a few people who can earn money from gambling, and as you say, they know the most things of gambling so they can win every round in the gambling games.
If other gamblers follow their way to make gambling as a way to make money, they will difficult because they don't have more knowledge as that person.
Gambling can be a profession, but it is not for all of the gamblers.
It will need more than skills to be the pro gamblers, and the risk is too big to imagine because we can lose everything we have to be a pro gambler.
We never realize how hard to be a gambler, and we all want to get a win in the gambling.
But for me, I never think that gamblers as the way to make money, I don't think that gambler is a profession because we need money to make more money.
I don't think that is right to do because I am sure that in out there, we will have another profession that will have less risk than gambling.

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Quote from: noormcs5 on September 22, 2019, 07:32:21 AM

Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.

It's never been a job but there are people who really depend on it.

The situation is that they are already wealthy and the profit that they'll get with gambling is just a plus.

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Of course, there are people who earn their living professionally from gambling. They know math, game theory, probability laws and other sciences well. This kind of income is not available to everyone and he who earns money in this way does not share his secrets with other people.

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Quote from: diazepam666 on September 21, 2019, 03:51:37 PM

It is all about the interest on one field, if the person is wishing to have gambling as their passionate job then they need to cultivate them to be good gambler and make money out of that with his or her strategy.
Mostly people not getting that luck factors works on their side, if there is the best way to make money in gambling means such gamblers may reveal that to us.

Gambling is never been a job. A job could not be so risky that you don't even know that by the end of the day you will gain anything from it or simply lose all your money.

Quote from: Renampun on September 21, 2019, 05:40:33 PM

Quote from: Dread Pirate Roberts on September 18, 2019, 11:37:58 AM

Quote from: Lucasgabd on August 08, 2019, 08:42:50 PM

snip~

Gambler professionals are not poor they have other businesses elsewhere. and doubling their money in a unique way and they believe they can double it. but if you risk all the money and only hope with luck I think it is not worth emulating and not the least that ends in losing everything.

a healthy gambler is a gambler who has another business,
and healthy business people are not addicted to gambling, they know when to gamble, and when to stop,
My ex-boss is a gambler, once a month he goes to Macau just to play gambling,
he said "gambling is my side profession", he is not greedy and able to control himself,
when running out of capital at the gambling table he will stop and not force it to have to sell assets.

I would suggest that a healthier businessman is the one who plays gambling part time and not the other way around. If you play and take gambling as your main job or business then you are not doing good with yourself. You should find a better reliable way to earn consistent income.

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Quote from: Dread Pirate Roberts on September 18, 2019, 11:37:58 AM

Quote from: Lucasgabd on August 08, 2019, 08:42:50 PM

snip~

Gambler professionals are not poor they have other businesses elsewhere. and doubling their money in a unique way and they believe they can double it. but if you risk all the money and only hope with luck I think it is not worth emulating and not the least that ends in losing everything.

a healthy gambler is a gambler who has another business,
and healthy business people are not addicted to gambling, they know when to gamble, and when to stop,
My ex-boss is a gambler, once a month he goes to Macau just to play gambling,
he said "gambling is my side profession", he is not greedy and able to control himself,
when running out of capital at the gambling table he will stop and not force it to have to sell assets.

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It is all about the interest on one field, if the person is wishing to have gambling as their passionate job then they need to cultivate them to be good gambler and make money out of that with his or her strategy.
Mostly people not getting that luck factors works on their side, if there is the best way to make money in gambling means such gamblers may reveal that to us.

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Statement is true. There are people who live out of this, but for what cost.

Making money as a professional gambler is not easy. Some rules need to be followed, like need to be better than your opponents, minimise big losses and maximise gains. Also You need a good deal of practice in order to build the right level of skill needed to start off a gambling career (this may be tricky cuz it depends from type of game you want to be professional). Do not make the mistake of going all in and quitting your job until you start seeing consistent success with your gambling.

On top of this there are always good and bad sides of being professional gambler. Probably worst possible job this could be (from my perspective at least). But is this what someone wants. To be addicted to this, and to lose some not so good 9-5 or 8-4 day job, to be apart of your family. Dont think Im for this, and also think that many here are not for this as well.

If you are then you need to have control and self discipline, to choose online or offline gambling, many possibilities and many options on this.

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Quote from: tvplus006 on September 18, 2019, 10:03:24 AM

Quote from: roosbit on September 13, 2019, 04:21:36 PM

Quote from: EdenHazard on September 13, 2019, 11:37:14 AM

You can call yourself as a professional gambler or whatever who make a living out of it successfully for years ... until the time where you lost everything because of gambling come.

I don't think people who go home with nothing but stories of the casino after losing everything can be called professionals!
You need to make bank to be considered a professional gambler and as far as I know such people that make it out with a good pay cheque at the end of their games do exist and I have seen and read about them ,year in year out.

But if you count such lucky ones, it turns out that this is a very small percentage of the total number of players. I am not one of them. Although sometimes luck is on my side.

if you believe gambling is about luck, then you shouldn't use gambling as your profession, I myself don't have special instruments to find out who are professional gamblers is, do they have a lot of experience or who have great luck? while a lot of experience doesn't really help you win in gambling. so professionals aren't very helpful at gambling #imo

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Quote from: AjithBtc on September 15, 2019, 06:16:35 PM

~
Very few are successful through gambling, and the difference between the successful person and person ruining life is the exit point. We don't know the right exit point, but when we keep on making profit we'll automatically go crazy and increase the betting value. This won't be done by the successful gambler, he just cash it out and leaves the game.

Not only we should stop after winning big (2x of your balance or more than that), and withdraw at least a good part of it, but we also should know when to stop when we are losing. To me personally this is much harder than to leave after winning. When I lose I often think, "One more game, I recover my losses and stop." And if I lose that game too, I want to start another one, and then one more, until I end up losing 3-4 times more than that what I lost initially. It's true that sometimes I recover my losses this way, but most of the time I only make things worse, so I think it's better to restrain myself from such actions. Professional gamblers are probably better at it than us, common gamblers.

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Quote from: Prettyme on September 18, 2019, 05:22:54 PM

Quote from: Lucasgabd on August 08, 2019, 08:42:50 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.

Well there's a lot of gamblers but not that profession. I saw a lot of gamblers and their profession is business man. Mostly gamblers do gambling just to keep away all their stress from their work but if that person makes gambling as a way of earning money and he or she do it everyday then its not for fun anymore it is now addiction and not profession

In my opinion, Gambling only to win and not for the fun will likely not cause addiction.

Cause of gambling Addiction = finding more pleasure in gambling? If gambling is fun than other things you do, you will most likely become addicted to it. There is also high tendency for sad people who find pleasure in gambling to become addicted.

So one of the best ways to help a gambling addict is to have him/her gradually replace his gambling addiction with more pleasurable and non addictive things. I believe gambling addiction can be treated within 1 o 2 months of doing this.

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Quote from: Prettyme on September 18, 2019, 05:22:54 PM

Quote from: Lucasgabd on August 08, 2019, 08:42:50 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.

Well there's a lot of gamblers but not that profession. I saw a lot of gamblers and their profession is business man. Mostly gamblers do gambling just to keep away all their stress from their work but if that person makes gambling as a way of earning money and he or she do it everyday then its not for fun anymore it is now addiction and not profession

If that is the case, they only playing gambling without using gambling as their job. They have a jobs in out there and they consider to use gambling as a way to get fun like what we did. But I am sure that there are a professional gamblers who depends their life from gambling and they are making money from gambling too. But maybe we are difficult to find who are they because they don't want to show themselves as a pro gambler.

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Quote from: Lucasgabd on August 08, 2019, 08:42:50 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.

Well there's a lot of gamblers but not that profession. I saw a lot of gamblers and their profession is business man. Mostly gamblers do gambling just to keep away all their stress from their work but if that person makes gambling as a way of earning money and he or she do it everyday then its not for fun anymore it is now addiction and not profession

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Quote from: tvplus006 on September 18, 2019, 10:03:24 AM

Quote from: roosbit on September 13, 2019, 04:21:36 PM

Quote from: EdenHazard on September 13, 2019, 11:37:14 AM

You can call yourself as a professional gambler or whatever who make a living out of it successfully for years ... until the time where you lost everything because of gambling come.

I don't think people who go home with nothing but stories of the casino after losing everything can be called professionals!
You need to make bank to be considered a professional gambler and as far as I know such people that make it out with a good pay cheque at the end of their games do exist and I have seen and read about them ,year in year out.

But if you count such lucky ones, it turns out that this is a very small percentage of the total number of players. I am not one of them. Although sometimes luck is on my side.

Typical thing on gambling industry where the ration would always be losers is more than into those winners.This is why this industry is too big due to those players who do really wants to have some easy money and making their lives sustainable with gambling but majority of them being wrecked up.

Quote from: Ewox on September 18, 2019, 12:46:02 PM

I think there are professional gamblers who live out of gambling but I’m not too sure though if that is the only job they have. I know a few people whom I think are professional gamblers but they do have businesses too aside from just gambling.

Making a living with gambling doesnt necessary to have a side business.Anyone could do it but for those who do have enough financial support would most likely to have the edge or advantage than to those average ones.Professional gamblers do exist specially on sports betting and card games.

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I think there are professional gamblers who live out of gambling but I’m not too sure though if that is the only job they have. I know a few people whom I think are professional gamblers but they do have businesses too aside from just gambling.

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Quote from: Lucasgabd on August 08, 2019, 08:42:50 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.

Gambler professionals are not poor they have other businesses elsewhere. and doubling their money in a unique way and they believe they can double it. but if you risk all the money and only hope with luck I think it is not worth emulating and not the least that ends in losing everything.

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Quote from: roosbit on September 13, 2019, 04:21:36 PM

Quote from: EdenHazard on September 13, 2019, 11:37:14 AM

You can call yourself as a professional gambler or whatever who make a living out of it successfully for years ... until the time where you lost everything because of gambling come.

I don't think people who go home with nothing but stories of the casino after losing everything can be called professionals!
You need to make bank to be considered a professional gambler and as far as I know such people that make it out with a good pay cheque at the end of their games do exist and I have seen and read about them ,year in year out.

But if you count such lucky ones, it turns out that this is a very small percentage of the total number of players. I am not one of them. Although sometimes luck is on my side.

Topic: Gambling as a profession: there's people who live out of gambling? - page 49. (Read 6976 times)