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Topic: Gambling as a profession: there's people who live out of gambling? - page 60. (Read 6976 times)

hero member
Activity: 2366
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Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

He is a big risk taker if he pawns his belongings just to gamble. What if he still lose after he pawned that gold? To be a professional gambler for me is to have a huge amount of money to use in gambling. You test all the possible techniques to win the game. And use a technique that has higher chance to win.
hero member
Activity: 2814
Merit: 576
Many people try to make the maximum money from gambling but only few succeed in doing it . And rest of them lose the money and I am the one who stays away from this philosophy that gambling is their for us to make money and survive our life through that money . I know my luck and what is better for me .
That's true, most of the gamblers especially the beginners does not understand their chances, they tend to be more focus on the possibility that they can win and if they win, they think they can consider gambling as their source of income. Also, there are lot of videos online convincing gamblers that it's possible to make a living in gambling but in the end they just want to sell their picks, and somehow that influences the curious minds of the newbies.
hero member
Activity: 2912
Merit: 556
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Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 

Yes, there will be a lot more gambler who use gambling as a job, and they search for money from gambling. I guess they are know how to play with good and if they are lost, they don't have their luck to win. But on the other days, they win the game because their luck has come.

But we don't have to do the same thing as them because we don't have the same luck too, and it's better to search for another job to make money. I am sure our luck will come from the other jobs because we don't have to spend money to get the money.
full member
Activity: 1750
Merit: 118
Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa.
i dont think that the guy that pawn on your pawnshop is a professional because what i understand professional means they can do thier jobs perfectly or in control without risking anything  .  selling something just to continue gambling is an example of unprofesionalism because this are the qualitites of addicted gamblers have.

he have an greed selfcontrol as prossional gambler.  

he cant become a pro if he is  greedy and i dont think that being greedy and having a self control can be combined together .
full member
Activity: 952
Merit: 104
Definitely a lot of professional gamblers they treat  gambling as job and profession, remember during I am working in the pawnshop one of my customers pawn their gold if he lose in the casino and gross again if he got win again vice versa. Their lives cycle is to play gambling and he treat gambling as job and source source of income but he have an greed selfcontrol as prossional gambler. 
legendary
Activity: 3514
Merit: 1280
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I am aware there a lot of professional gamblers but I believe gambling is not their only source of income but once people see that they are rich, they just assume it’s all from gambling. Gambling can actually earn very good money but it might take so long before this money comes in, and before then a lot would have been lost to the game. i don’t advise anyone to have gambling as a profession, it’s better to ignore the big names or rich gamblers we hear or read of and focus on gambling for fun

I generally support this view

But with a small reservation, though. More specifically, if you like a certain game which requires skill along with luck (a lot of such games have been mentioned in this thread), that may turn out to be your true calling. If you feel that way, you should certainly stick to your liking, and one day you will be able to make a living out of it. People become chess champions not because they want money (though money definitely plays an important role here) but because they happen to like chess before anything else - unless you are one of the Polgar sisters, of course (who were forced to play chess by their headstrong farther)
hero member
Activity: 2730
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I am aware there a lot of professional gamblers but I believe gambling is not their only source of income but once people see that they are rich, they just assume it’s all from gambling. Gambling can actually earn very good money but it might take so long before this money comes in, and before then a lot would have been lost to the game. i don’t advise anyone to have gambling as a profession, it’s better to ignore the big names or rich gamblers we hear or read of and focus on gambling for fun.

I have been gambling for years an d I do it for entertainment, I am not moved by the number of people who do it as profession and yet succeed, what’s important to me is the fun I derive from the game and its okay by me.
member
Activity: 630
Merit: 20
Believe it or not, there are professional gamblers who only rely in gambling and treat it as their professional job. To give you some example, I had a conversation before with a prof gambler and he gain profits by winning some high ranks bet in some gambling websites. As you can see, there are gambling sites that rewarded players with the highest bet and that person has a huge amount to wager that makes him won as a higher rollers with at the same time winning the game, too.

Anyway, he has tons of funds though. Risky bets bit a winner. Thats a professional gambler.
legendary
Activity: 2576
Merit: 1860
There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 
Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.

Where is the contradiction? If you are a professional gambler it does not automatically mean that your income is from gambling alone. I have known some personalities here in my country who are professional poker players, for example. They play day in and day out. They win big, they also lose big. But they have business under their names, run by their trustees, so that they can afford to lose big and still play with huge amounts the next day.

And mate, you haven't predicted it right. When someone asks me about my profession, money or its source is not the first thing that comes to my mind. I am thinking of career, or of what I have finished in college, or perhaps the specific area of which I have expertise or formal training.

There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 
Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.

The term professional gambler applies only to poker players and sports betting, to be clear on that first. I know people that live from that, they make money on other sides too, but from poker or sports betting they make most of the money. Lucky based gambling games are pure luck, most people lose a lot or win a lot when they play these games, it can be fun and interesting, but you can make money on slots constantly.
Poker and betting on sports are different. Skill-based games are games where you can constantly win, or at least most of the time. People are earning millions on poker tournaments and sports betting.

Let us take poker or sports betting, for example. If there are winners, there must be losers as well. If there are millions in winning prizes, there must also be millions in losses. Those who are losing big time may still come back the following day and bet big amounts of money. Where do you think this money come from? Only from their previous winning? No, I doubt it. In gambling, it is not always a sunny day. These people must have other sources of income which give them a continuous flow of money. 

hero member
Activity: 1694
Merit: 502
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There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 
Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.

The term professional gambler applies only to poker players and sports betting, to be clear on that first. I know people that live from that, they make money on other sides too, but from poker or sports betting they make most of the money. Lucky based gambling games are pure luck, most people lose a lot or win a lot when they play these games, it can be fun and interesting, but you can make money on slots constantly.
Poker and betting on sports are different. Skill-based games are games where you can constantly win, or at least most of the time. People are earning millions on poker tournaments and sports betting.
legendary
Activity: 3080
Merit: 1292
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It is unadvisable to depend on a source of income which is unstable and unreliable, as there's no guarantee that you'd win and your skill is not the only prerequisite to winning.
But one can invest profits gotten from gambling into other ventures. But do not rely on it.
Exactly, especially if you don't have a talent in gambling and you are not choosing the right type of gambling for you.
What I know is you have a little chance of success if you focus in gambling since you don't win every day while every day you are going to spend for your daily living, it should be a hard task for anyone who considers he can make a living in gambling, I know this is possible but would we still risk if we know that the chance is very low?
legendary
Activity: 2114
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It is unadvisable to depend on a source of income which is unstable and unreliable, as there's no guarantee that you'd win and your skill is not the only prerequisite to winning.
But one can invest profits gotten from gambling into other ventures. But do not rely on it.
hero member
Activity: 2926
Merit: 640
There are professional gamblers, that's what I know. But I am not sure if they are living solely out of their gambling prizes. For sure, even the professionals lose. And as far as I can observe, those who are gambling with high bets have stable sources of huge income. They can spend all their days gambling because they can fully support it. If you are living only on your gambling wins, I doubt if you can sustain your life as a professional gambler. The tide is not always on your side, after all. 
Your statement is contradicting mate, if you believe in the existence of professional gamblers, then you should know better that their income is basically from gambling alone, this is the reason they are called professional gamblers. For example, when people ask what for your profession, the first thing that would come to your mind is where your money comes from.

I don’t believe there is anything like professional gambling, those who are making money in gambling are not professional gamblers, they get money from other sources not necessarily from gambling alone. Gambling is unpredictable and no gambler can boast of a stable income from gambling, that means no one can be regarded as a professional gambler.
full member
Activity: 2324
Merit: 175
I read from one article that there are people living on gambling alone, but they lose a huge amount of money first before they climb their way to success, they embrace winning and losing and whenever they lose a big amount of money they always come back to regain, without harming their financial capability.
legendary
Activity: 2576
Merit: 1860
It all depends on how disciplined you are and how much you want to practice.
Take a look at http://bobdancer.com/ he lives and breathes video poker and has made millions doing it.
But it's not quick, it's not easy and it's not simple. You have to have to bankroll to get though the ups and downs.
You have to have a fallback plan.

-Dave


When you are at the top and already making millions out of gambling, it is already a different story. You can already make a good life out of it. But you belong to a few achievers. The rest are not making that millions. Some of them are still trying hard and continue aspiring despite stumbling down countless of times along the way. When you are at this stage, even if you are a professional gambler, you simply cannot live a life out of it. You can only do so with the help of a sponsor or another source of income.
legendary
Activity: 3500
Merit: 6320
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It all depends on how disciplined you are and how much you want to practice.
Take a look at http://bobdancer.com/ he lives and breathes video poker and has made millions doing it.
But it's not quick, it's not easy and it's not simple. You have to have to bankroll to get though the ups and downs.
You have to have a fallback plan.

-Dave
jr. member
Activity: 40
Merit: 2
I have known few persons who has been gambling professionally for last 30+ years and been on massive profit wise. But they are very few of that breed with massive self control. They do have huge bankroll to start with and they follow big Bankroll management strategy very well, like 300 BRM. And never ever get angry or frustrated when have a losing day. Its cos of their self discipline they have been winning for so long .
hero member
Activity: 2912
Merit: 556
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Reading the title I couldn't but say it.... there are also people who die of gambling you know!
And I wonder if anyone is lucky enough to live out of it,  can they be truly happy? Living without providing any work sounds boring.
Gambling is a big money, it more than a price of what we do in trading. We have notice that offline casinos most players are non working adults, they'll be in gambling cause they bored at their house and gambling pleases them. They are not gambling professional but they have money to play and they never mind to have loses.
Indeed, there are those people that are bored at home and all they could think is gambling to kill some time. There are professionals and ordinary individuals that are doing this and like you said they don't care if they lose some money as long as they enjoy.

I guess some people are lucky enough to live out from gambling, and they are happy and enjoy their life. For some people, gambling is one activity which can help them to get fun and thanks for the growth of technology, and gamblers don't have to get out from their home to playing gambling.

A professional's gamblers can get their time in the gambling game, and they can also get the money from the winning. That makes them live from gambling because when they win big money, they can save money for their life.
full member
Activity: 560
Merit: 101
Reading the title I couldn't but say it.... there are also people who die of gambling you know!
And I wonder if anyone is lucky enough to live out of it,  can they be truly happy? Living without providing any work sounds boring.
Gambling is a big money, it more than a price of what we do in trading. We have notice that offline casinos most players are non working adults, they'll be in gambling cause they bored at their house and gambling pleases them. They are not gambling professional but they have money to play and they never mind to have loses.
Indeed, there are those people that are bored at home and all they could think is gambling to kill some time. There are professionals and ordinary individuals that are doing this and like you said they don't care if they lose some money as long as they enjoy.
sr. member
Activity: 2436
Merit: 343
Reading the title I couldn't but say it.... there are also people who die of gambling you know!
And I wonder if anyone is lucky enough to live out of it,  can they be truly happy? Living without providing any work sounds boring.
Gambling is a big money, it more than a price of what we do in trading. We have notice that offline casinos most players are non working adults, they'll be in gambling cause they bored at their house and gambling pleases them. They are not gambling professional but they have money to play and they never mind to have loses.
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