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Topic: Gambling as a profession: there's people who live out of gambling? - page 53. (Read 6953 times)

full member
Activity: 1456
Merit: 148
There are those who play for a pay. I guess we can include them as professional like those who play poker. Also I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards. This guy will take a fee and will take a % of the winnings if he won.
This reminded me of my past. Those guys you hire are more dangerous as they can somewhat disappoint you if you use them for play. My personal experience made me regret doing that, they make their charges and after they might have won against the opponent, they still demand some good reward from you. Sometimes they act like they own your money in the game without considering your profit. They played the game, enjoyed the game and still take a huge amount home.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
Gambling is known to be a form of investment with high risk. To be gambling as a profession, you must be self-disciplined, not be too emotional, accept that you can't win everything, don't spend much on a stake.
That's clearly a high risk, higher than investing here in crypto I guess.
We know if we are good enough to consider gambling as a profession if we are just honest with ourselves, all the qualities you've mentioned has to be possess by a gambler who likes to go with this kind of journey, but in the end, the result is what matters at all.

You can also make extra income from selling your predictions to people.

This is not necessary if you are making money in gambling, people who are selling their picks are not real successful gambler.
member
Activity: 368
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Gambling is known to be a form of investment with high risk. To be gambling as a profession, you must be self-disciplined, not be too emotional, accept that you can't win everything, don't spend much on a stake.
You can also make extra income from selling your predictions to people.
legendary
Activity: 2576
Merit: 1860
I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards.

It happens to my friend in billiard place. Someone asked him to play with him,

why there are some people that do that ? i mean why they hire someone to play with them when they can learn playing that game . i prefer playing on my own because i dont need to pay for anyone and i dont want my winning to be shared on others   .  same as when you loose you dont also regret for paying with  others but you also get an experience to play with other pro players and whats better is that you enjoyed playing the game.

But you could be a lot less skilled than others. There are a few people who really excel in what they do, more than the rest. There are also a lot of people who, despite playing 24/7, cannot make it to a decent tournament, much less earn from their games.

In my country, there are people who play for a pay. It could be billiards, egames, basketball, among others. They use their exceptional playing skills to earn money. Oftentimes, they have handlers who place the bet on their behalf. They may involve a lot of traveling in other places looking for matches. They go to different villages, towns, cities, and even provinces to challenge other players.  

Edit: My point is exactly pointed out by the post above me just a second ago.  Grin

This is the best chance for a gambler to make money when they bet on themselves as they are confident on what they are doing.
Most gamblers does not bet on themselves, they bet on other players that they don't really know personally, they just make their own result and put their bet based on their analysis, that's what a sports gambler is doing, and in this field of gambling, only few are really successful.

If I have the same talent like you mentioned, I would bet a big money because I know what I can do, but not everyone really has that talent, and even if you are good in billiards like in your example, there is no assurance that you can get bet a big amount by just travelling looking for opponents to play with you.

Let's take billiards, for example. In billiard halls, there is always a player or two who would excel more than others. In my country, a good billiard player will either be brought by handlers to other billiard halls challenging their best players or someone from other places come over looking for a match. You cannot imagine but the bet could easily balloon to a significant amount because it is like a battle of pride. Billiard halls are like gang turfs in which local players are hanging out most of the time. When somebody from other place arrives challenging their best players, everyone could easily shell out a nice amount betting for their player. A bet could even reach a thousand USD.
hero member
Activity: 2814
Merit: 576
I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards.

It happens to my friend in billiard place. Someone asked him to play with him,

why there are some people that do that ? i mean why they hire someone to play with them when they can learn playing that game . i prefer playing on my own because i dont need to pay for anyone and i dont want my winning to be shared on others   .  same as when you loose you dont also regret for paying with  others but you also get an experience to play with other pro players and whats better is that you enjoyed playing the game.

But you could be a lot less skilled than others. There are a few people who really excel in what they do, more than the rest. There are also a lot of people who, despite playing 24/7, cannot make it to a decent tournament, much less earn from their games.

In my country, there are people who play for a pay. It could be billiards, egames, basketball, among others. They use their exceptional playing skills to earn money. Oftentimes, they have handlers who place the bet on their behalf. They may involve a lot of traveling in other places looking for matches. They go to different villages, towns, cities, and even provinces to challenge other players.  

Edit: My point is exactly pointed out by the post above me just a second ago.  Grin

This is the best chance for a gambler to make money when they bet on themselves as they are confident on what they are doing.
Most gamblers does not bet on themselves, they bet on other players that they don't really know personally, they just make their own result and put their bet based on their analysis, that's what a sports gambler is doing, and in this field of gambling, only few are really successful.

If I have the same talent like you mentioned, I would bet a big money because I know what I can do, but not everyone really has that talent, and even if you are good in billiards like in your example, there is no assurance that you can get bet a big amount by just travelling looking for opponents to play with you.
legendary
Activity: 2576
Merit: 1860
I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards.

It happens to my friend in billiard place. Someone asked him to play with him,

why there are some people that do that ? i mean why they hire someone to play with them when they can learn playing that game . i prefer playing on my own because i dont need to pay for anyone and i dont want my winning to be shared on others   .  same as when you loose you dont also regret for paying with  others but you also get an experience to play with other pro players and whats better is that you enjoyed playing the game.

But you could be a lot less skilled than others. There are a few people who really excel in what they do, more than the rest. There are also a lot of people who, despite playing 24/7, cannot make it to a decent tournament, much less earn from their games.

In my country, there are people who play for a pay. It could be billiards, egames, basketball, among others. They use their exceptional playing skills to earn money. Oftentimes, they have handlers who place the bet on their behalf. They may involve a lot of traveling in other places looking for matches. They go to different villages, towns, cities, and even provinces to challenge other players.  

Edit: My point is exactly pointed out by the post above me just a second ago.  Grin
legendary
Activity: 1834
Merit: 1036
I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards.

It happens to my friend in billiard place. Someone asked him to play with him,

why there are some people that do that ? i mean why they hire someone to play with them when they can learn playing that game . i prefer playing on my own because i dont need to pay for anyone and i dont want my winning to be shared on others   .  same as when you loose you dont also regret for paying with  others but you also get an experience to play with other pro players and whats better is that you enjoyed playing the game.
They have the money but they don't have the talent. Its the same thing like you are managing someone like an artist, you book him/her shows or gigs, and you get a cut from the pay that your talent will receive. Not everyone has connection to find gigs or shows. Same with those billiards guys here in the Philippines. They don't have the means to hop from one billiards hall to another to find a match, that's where managers come in.
full member
Activity: 1750
Merit: 118
I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards.

It happens to my friend in billiard place. Someone asked him to play with him,

why there are some people that do that ? i mean why they hire someone to play with them when they can learn playing that game . i prefer playing on my own because i dont need to pay for anyone and i dont want my winning to be shared on others   .  same as when you loose you dont also regret for paying with  others but you also get an experience to play with other pro players and whats better is that you enjoyed playing the game.
hero member
Activity: 2912
Merit: 556
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There are those who play for a pay. I guess we can include them as professional like those who play poker. Also I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards. This guy will take a fee and will take a % of the winnings if he won.

It happens to my friend in billiard place. Someone asked him to play with him, and that match was using the money for the winner. So my friend called his friend to come to the billiard place, and he plays with that guy. With a long time of the round, finally my friend can win the money, but he needs to divide the money for his friend because he helps my friend to win from that guy.

Later, I heard from him that his friend was a professional billiard and his friend often to use money as a bet in the game and the winner took all of the money. His income only came from that billiard, and so far, he can live with the money because after he wins some money, he will go home and take a rest.
legendary
Activity: 1834
Merit: 1036
There are those who play for a pay. I guess we can include them as professional like those who play poker. Also I know a guy who plays billboards and you hire them to play against someone whom you know is also good in playing billboards. This guy will take a fee and will take a % of the winnings if he won.
legendary
Activity: 3486
Merit: 1055
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Gambling is not suitable to be a profession, moreover it is used for a main income. It can indeed be done because I've also experienced it for several years, but to be honest I suffer a lot to do it because every day I am required to bet by having high pressure to get a profit. So, make gambling just to have fun with a little hope of winning, that way you deserve to be a professional gambler because playing with a good mood will make winning and luck at least easy to get.
legendary
Activity: 3080
Merit: 1292
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There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
Well you cannot consider professional gambler if they are putting emotional feelings while playing that’s why greediness never cross their ways instead self control is their master habits 

And I'm sure only few people can succeed to be a pro gambler because people these days are greedy. As every professional are in every field, it takes time, dedication, and discipline to be an expert in the field they chose. And those gamblers who claims to be pro now must have spent a lot of time to be who they are right now. They have practiced their mind to be wise and gained self-control.

I don't even see a lot of successful gamblers who claim to be pro, they just hide their identity and continue to enjoy making easy money in gambling.
Those who claimed to be pro and selling their method or picks are untrustworthy IMO, because why would they do that if they are sure their picks will give them profit.

Personally I have big dreams in gambling as well which is to be a successful sports handicapper as that's the best type of gambling where I think I have a chance because I love sports and I have seem matured already with years of betting, but you are right, it's not easy, it's built over time and until now I still haven't found the right formula of consistency.
legendary
Activity: 2436
Merit: 1008
There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
Well you cannot consider professional gambler if they are putting emotional feelings while playing that’s why greediness never cross their ways instead self control is their master habits 

And I'm sure only few people can succeed to be a pro gambler because people these days are greedy. As every professional are in every field, it takes time, dedication, and discipline to be an expert in the field they chose. And those gamblers who claims to be pro now must have spent a lot of time to be who they are right now. They have practiced their mind to be wise and gained self-control.
full member
Activity: 1008
Merit: 101
Well there are tons of professional poker players that manages to win hundreds of thousands, if not millions in one seating/tournament. There are also those who live off purely of betting on sports and/or other events. One notable person I follow who lives his life through playing poker professionally is Erik Seidel. We all know his magic hands and how much WSOP bracelets he have in his arsenal (Cool. You also have Daniel Negreanu who bagged 6 WSOP bracelets and was considered one of the best poker players in 2014. It is possible though again, you need to have an extreme amount of luck, experience, skill, and of course, starting money in order to live off your life with just gambling.

I believe most professional poker players we know of have sponsors in the form of either investors(who receive dividends, after the game is finished, in accordance with what they invested) or advertisers(who's products/services they advertise on their t-shirts, caps etc. while sitting at the table).

Below, for example, is a fact from Erik Seidel's biography:

In 1988, players at the Mayfair cash games table invited Erik to join them at the World Series of Poker of 1988 in Las Vegas. He didn’t have the money to participate at the event and had to rely on the help of those that invited him. They covered most of the fund required for his buy-in at the $10,000 Main Event. This turned out to be a good investment on the part of his sponsors because he finished as a runner up to Johnny Chan, with a winning of $280,000.

And I read similar stories about other famous professional poker players.
Yeah right to become good and professional gambler poker is the best game it has allot of gamblers but there are so many other options as well. Gambling has allot of profit people only need to promote it  and make it as one of good warning professionals which is possible very soon..
legendary
Activity: 3374
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I stand with Ukraine.
Well there are tons of professional poker players that manages to win hundreds of thousands, if not millions in one seating/tournament. There are also those who live off purely of betting on sports and/or other events. One notable person I follow who lives his life through playing poker professionally is Erik Seidel. We all know his magic hands and how much WSOP bracelets he have in his arsenal (Cool. You also have Daniel Negreanu who bagged 6 WSOP bracelets and was considered one of the best poker players in 2014. It is possible though again, you need to have an extreme amount of luck, experience, skill, and of course, starting money in order to live off your life with just gambling.

I believe most professional poker players we know of have sponsors in the form of either investors(who receive dividends, after the game is finished, in accordance with what they invested) or advertisers(who's products/services they advertise on their t-shirts, caps etc. while sitting at the table).

Below, for example, is a fact from Erik Seidel's biography:

In 1988, players at the Mayfair cash games table invited Erik to join them at the World Series of Poker of 1988 in Las Vegas. He didn’t have the money to participate at the event and had to rely on the help of those that invited him. They covered most of the fund required for his buy-in at the $10,000 Main Event. This turned out to be a good investment on the part of his sponsors because he finished as a runner up to Johnny Chan, with a winning of $280,000.

And I read similar stories about other famous professional poker players.
sr. member
Activity: 2828
Merit: 357
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Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.
I know someone who often bet in sportsbetting and he really earn decent amount, its because of his knowledge and experience.
This is a 1/1000 skills and there are on few person in every community who can do such,I have known only one in my life that lives from gambling and you are right he earn decent actually comparing our living status I can say that he earns more than mine
Quote

There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
Well you cannot consider professional gambler if they are putting emotional feelings while playing that’s why greediness never cross their ways instead self control is their master habits 
sr. member
Activity: 1162
Merit: 251
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 have not found anyone who depends on income from gambling, but there are people like that, whether it has become a hobby or because they are forced to get rich quick. need experience and techniques to become a professional gambler.
People use to win big because they are well trained and they have found gambling as best way to gain money we will have to be ready for all things happen. I like to gamble in my extra time of the day I gamble when I get free and i never leave my job as well because gambling can be done at night as well casinos are open 24/7.
I have never seen someone who gambled to make ends daily meet also, no one of my friends who did so, many of them only play when they want to fill spare time. but some people in the world surely there must be using gambling for its main income, like addicts do. yeah people who live from gambling should be those who are ready with all the risks that exist, well trained, experienced, and stay in control
sr. member
Activity: 882
Merit: 282
My only income is gambling ( E-sports betting ) and living out with that

I'm 20 and living in Turkey.Minimum wage is around 360~~ in turkey so it's pretty easy for me when my income is USD(1$ = 6 TRY) but paying a lot of taxes(%26) because my yearly income more than 50k as TRY
You are one of the people we can refer to as a gambler and not like me that only gamble as fun! I put in very few Satoshi and bet with friends on the outcome of football match and it is purely to laugh! I have a customer some time a go , a Chinese man. He told then that “he completely, live on gambling” and that is when I asked him how is work today. The man spend money as he want . He do change cars as will and he is really live an expensive lifestyle.
hero member
Activity: 2912
Merit: 556
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The house will be the real winner in gambling, and no one will doubt that. They don't have to play gambling, and they only watch in every gambling table, and the money will come to them directly. That's why their business become bigger from time to time.

The greediness will make the gambler always lose the money in the gambling table because most of them are not realizing about the risk of playing gambling. Although the gambler realizes the risk, the gambler still playing gambling no matter if they still lose. They need to control the emotion that can prevent them for another loss.
Well, that is how gambling system works. The house always win that is there is no casinos that are closing out because of bankruptcy Cheesy.

Gamblers tend to be greedy either they win or lose for some reasons and this is the attitude that they must remove. Gambler knows the risk but they don't care as long as they gamble. They gamble either to have fun or to have quick money but the end result will be only one. Loss.

The casino can use the greediness of the gamblers to get them back to the games so they will play more gambling games and spend more money Grin

Gamblers will forget about their loss in the next games because of their greediness will telling them that in the next round, they will win. But the reality, they will difficult to get the win on another game because gambling game is not given a chance to them to win. So the greediness is something that we should aware and stay away.
Very few get into gambling out of greed, but majority of the users who suffer are the one who try to recover back the loss that's been experienced earlier. Sometimes it feels like we don't want any additional money, just the money that's been spend. In the event of trying for the same loss will be the end result.

When people win in gambling, the greediness will come to them and tell them that in the next game, will be their luck again. So that will make gamblers decide to play one more time, but then the result is not good because they are lost. They keep trying in the second time, but then they lose again.

If the gamblers are aware of that, he will think that it is not good to continue and it's better to take away the money and stop the games for a while.
hero member
Activity: 2954
Merit: 605
Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.
I know someone who often bet in sportsbetting and he really earn decent amount, its because of his knowledge and experience.

There are really people who make gambling as a profession and their way to make a living. But only an experience and pro can do this, gambling is not for everyone especially if you're greedy.
People who have that skills and talent are lucky to make easy money in gambling, everyone wants to make money in gambling but we know that fact that only few have a set of skills and knowledge to win in gambling consistently.

Sports betting is my favorite type of gambling and I'm very optimistic I can be successful being a sports handicapper, but I realize, although I only bet one game a day, it's not easy as I'm expecting. According to my research, we just have to look for the value, and betting one game a day is already enough as long as we bet a decent amount of money.
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