Gambling as a profession: there's people who live out of gambling? - page 54.

lienfaye

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Quote from: TheRealWiseInvestor on September 02, 2019, 07:01:15 AM

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.

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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.

Gamblers are used to be to be profession for them because this is their life and also this is as their sources of income. But there are some who lives in this world not gambling. Like relegious group because gambling is not allowed for them.

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Quote from: hahay on August 23, 2019, 11:34:29 AM

Well, gambling is not a profession even though in gambling you can get profit, but still gambling is a place where you look for fun and also a benefit that might be obtained if you are lucky. So, even though they are professional gamblers, in my opinion they do not make gambling as their main source of income.

absolutely, professional gamblers certainly don't consider gambling to be their profession, they assume it's only entertainment and try their luck. I say this because my uncle is a heavy gambler (addict), he is even willing to spend his monthly salary to gamble, when asked what is the reason you gamble, he replied "I am very happy when I see myself able to beat others and win all of the money in table", hearing him say this I felt he was very strange Undecided

, so I concluded that he was gambling to fulfill his desire to win and beat others at the gambling table (his entertainment).

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Poker and sportsbetting are the only real ways to be able to make consistent profits as a player and you have to be very smart. Poker players can make a large amount of sponsorships alone, that is why it pays to have one of those outrageous personalities perfect for the world series of poker.

TheRealWiseInvestor

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Quote from: Fundamentals Of on September 02, 2019, 07:12:33 AM

Quote from: TheRealWiseInvestor on September 02, 2019, 07:01:15 AM

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.

That sounds awesome. I have a question though. How did you start? I mean where did your hundreds and thousands come from? If all of it originally came from gambling prizes, then I will rest my case and believe that indeed there is such a person as a professional gambler who makes a living out of gambling alone. But if it started out as a capital fund coming from somewhere else and then you started making use of the gambling income coming from it, then that simply means its source is still not gambling at all.

Iam not gambling, sportsinvesting is not a gamble for me. I treat this as any other business. Just like stockmarket, forex or whatever. Alltho. Sportsinvesting has higher ROI. I got my bankroll working as a normal person on a regular day job.

Fundamentals Of

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Quote from: TheRealWiseInvestor on September 02, 2019, 07:01:15 AM

Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.

That sounds awesome. I have a question though. How did you start? I mean where did your hundreds and thousands come from? If all of it originally came from gambling prizes, then I will rest my case and believe that indeed there is such a person as a professional gambler who makes a living out of gambling alone. But if it started out as a capital fund coming from somewhere else and then you started making use of the gambling income coming from it, then that simply means its source is still not gambling at all.

TheRealWiseInvestor

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Yes, i live out of sportsbetting. Im a pro investor. Betting hundreds and thousands on some days.

livingfree

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Quote from: shyux2 on August 31, 2019, 12:48:10 PM

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

Really?

That's $60 for minimum wage if my computation is correct and that's only for 1 that you have to work for it, right? Tax sure is a big cut for your income and you're not exempted with that because everyone pays for that except those very few.

What's e-sport are you betting? csgo? dota 2?

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Quote from: maydna on September 01, 2019, 07:36:43 PM

Quote from: LogitechMouse on September 01, 2019, 08:53:24 AM

Quote from: maydna on August 31, 2019, 08:31:31 PM

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.

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Quote from: LogitechMouse on September 01, 2019, 08:53:24 AM

Quote from: maydna on August 31, 2019, 08:31:31 PM

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.

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Quote from: LogitechMouse on September 01, 2019, 08:53:24 AM

Quote from: maydna on August 31, 2019, 08:31:31 PM

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.

That kind of attitude cant really be removed on most gamblers.In that case no gambling business would appear nor would be profitable.

We know on how vast this gambling industry due to those gamblers that do believe on making lots of money or make theirselves rich on playing it.
Stopping midway and realizing that you are losing too much money is quite hard.

LogitechMouse

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Quote from: maydna on August 31, 2019, 08:31:31 PM

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.

DoublerHunter

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Quote from: Best Dreams on August 31, 2019, 11:09:19 PM

Quote from: GatotKaca on August 31, 2019, 01:01:17 PM

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

~snip~

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.

^ This.
This could be the reason why gamblers always come on gambling, I don't see that they are do gamble as a profession or the way in a source of living. People can afford to gamble of course they had a job and can able to spend money as capital. Nevertheless, the main reason is they become a hobby to gamble in casino and at the same time hoping that their capital will be doubled once they had won and exit on the casino.

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Quote from: GatotKaca on August 31, 2019, 01:01:17 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.

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.

Fundamentals Of

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Quote from: joshy23 on August 31, 2019, 07:00:23 PM

Quote from: GatotKaca on August 31, 2019, 01:01:17 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.

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.

Needs a lots of experienced and a very good attitude towards this industry, maybe it can be done for someone who is really good in controlling their emotions, they can workout independently and do manage to get some profits from each time they've played with the games that they've mostly use, most of the time it's poker or sports betting where professional finds some good edge to work and earn some money.

Poker and sports betting are some of the more profitable forms of gambling. One may actually earn a significant income from it. It could actually happen on a regular basis. But I cannot go as far as saying that he can live his whole life solely depending on his winnings. There are times when upsets happen. There are times when you are only a step away from victory and then all of a sudden you turn out a loser. This is gambling after all.

But at least as compared to dice or lottery, betting on sports or poker is a game not just of luck but of analysis as well.

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Quote from: TheUltraElite on August 31, 2019, 03:14:39 AM

Quote from: maydna on August 24, 2019, 07:33:45 PM

Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.

The only people who make money from gambling are the owners of the casino, the bookie and the affiliate marketing agents. They are not gambling directly and depending on the income from the house.

Since people cannot control their urge to gamble on and on, they will constantly getting paid for their work without seeing any risk. Although the house makes money continuously, they do lose money when a high roller wins big. But then that money does not stay in the players hands for long because they become greedy and play again only to be busted.

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.

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Quote from: GatotKaca on August 31, 2019, 01:01:17 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.

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.

Needs a lots of experienced and a very good attitude towards this industry, maybe it can be done for someone who is really good in controlling their emotions, they can workout independently and do manage to get some profits from each time they've played with the games that they've mostly use, most of the time it's poker or sports betting where professional finds some good edge to work and earn some money.

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Quote from: GatotKaca on August 31, 2019, 01:01:17 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.

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.

there are a lot of people who live out of gambling. and though most of them are not really successful yet they treat gambling as their main source of living. we cant blame them if that is all they know how to earn a living. everyone has their own choice in life and that is their choice! who are we to judge?

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Quote from: shyux2 on August 31, 2019, 12:48:10 PM

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

So you guys are paying higher taxes when your yearly income is just 8 thousand dollars? In most European countries you need at least 2 times that to get into the higher tax bracket. The EU average is over 20 thousand dollars.

It's still a big achievement to earn 8 thousand a year from esports betting. You are doing great. If you had a job to add to your gambling income you'd be making some real money.

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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.

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.

Topic: Gambling as a profession: there's people who live out of gambling? - page 54. (Read 6976 times)