Gambling as a profession: there's people who live out of gambling? - page 61.

Twinkledoe

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Quote from: rdluffy on August 11, 2019, 06:15:00 PM

Yes, there are people who gain their lives with gambling, but not casinos or lucky games, I'm talking about betting in sports, there are a lot of people in my country that live with gambling
They have their strategy, and it's like a commom job, you have to study the market, the odds and find good opportunities to bet

Yes, I do agree. There are people who are into sports betting and they are living their lives because of this. I can say that sports betting will give you higher chance of winning if you are into a particular sport for so long, you already know each player, each team, even their personal lives. Knowing the personality of each player will also help you in determining the outcome of the game. So yeah, some individuals are living their lives out of gambling, not only in sports betting area.

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Yes, there are people who gain their lives with gambling, but not casinos or lucky games, I'm talking about betting in sports, there are a lot of people in my country that live with gambling
They have their strategy, and it's like a commom job, you have to study the market, the odds and find good opportunities to bet

klaaas

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Quote from: ?? on ??

We know there are professional gamblers but to the question if they make their living out of it, I don’t think so. I have never heard of people who from being poor or having nothing been rich through gambling and been staying a gambler to maintain their status. They must already have money before starting into it except those who won in lottery of course but even them if they continue in gambling they will soon return to their previous status in life.

Pretty sure the top ranked poker players are earning there living mainly with tournaments and not all started rich. With the popularity of poker and the ease you can play these days it can suit all pockets.

finaleshot2016

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Quote from: ?? on ??

of course, there are a lot of different types of gamblers who do it for a living. there are professional poker players and also "real" gamblers. they have found their strategy and they have their emotions under control. (which is the most important thing when it comes to gambling)

Yes, they know how to control the emotions and they easily accept the fact that they lose.
That's the characteristic of a professional gambler that makes gambling as a living. Through those methods, they can sustain their lives and earn profit by gambling.

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There are many people who live in gambling especially professional gamblers.

If you know Daniel Negreanu, he's a champion of poker: six World Series of Poker bracelets and two World Poker Tour championship titles.
I admire him when he's playing poker because he's good at bluffing. Try to watch his plays, you'll get mind blown.

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Quote from: iyah adrian on August 11, 2019, 07:11:58 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.

It must be here.
Some people might be here doing that, making gambling as the main source of income. That is a good thing according to them, because it can generate money (the main source) from playing gambling. I personally, can't do that, because I'm not good at gambling.

There are people who we think that they are in gambling but actually they make it out for living, like in cock fighting there's a lot of people that serves as biting middle man or a gaffer who used earn a living out of it.

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Quote from: kaya11 on August 09, 2019, 12:53:17 AM

It is been ages, since from the beginning of a new era, and I bet from medieval period there are already gamblers, and yet I haven't encountered gambling as a profession, like what other profession needs, a college degree. Why is it there are no such things, courses and subjects for gambling where the student must know all sorts of gambling and be an intern in the casino. I know there are courses in some cybers sport already, and cyber sports are only just showcased recently.

I think you should carry out a better research and you will understand better that being a professional gambler is not a child’s play. It is completely different from the regular betting you see everywhere. Just like students that come out from college, one would go through a lot of studies to qualify as a professional gambler.

What comes to your mind when you hear skills in gambling, do you think its talking about talent or ability to guess? Of course NO, you must be ready to learn some vital skill to pass the test of professional gambling. There are a lot of professional gamblers that are really making money from gambling but they make sacrifices.

iyah adrian

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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.

It must be here.
Some people might be here doing that, making gambling as the main source of income. That is a good thing according to them, because it can generate money (the main source) from playing gambling. I personally, can't do that, because I'm not good at gambling.

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There are people who do it on games of skill and not games of luck. I have personally met with someone who was a professional poker player and he has been making his money from poker for about 6 years now.

He first started with pokerstars where he knew how to play poker a bit and played there but he was still a novice and didn't really play good enough to make a living. Then he kept on losing money gambling all day everyday to get better because it was 1 cent 2 cent bids and that was basically nothing, he lost maybe 50 bucks a day at his worst days but usually came close to break even most of the time, it took him maybe a thousand dollars at most for a year and eventually he started to get better by reading and talking and studying the game.

Now, he is not making huge amounts of money from regular games, he just attends tournaments and even though he doesn't win most of them, one or two big tourney wins is enough to live for a whole year since rewards are huge.

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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.

I have a friend that ca be consider as professional gambler as even though he has a small business in life that ca atleast sustainable for his family yet big portion of he’s living materials camping from the winnings in gambling
He is a big time cockfighting Gambler-in which he can make a betting of about 2-5k usd in a single fight but I don’t know If he is just a lucky man or a gifted person because for the ratio of 8/10 in gambling .

I use to gamble a lot also when I am still single but I ca only have atleast 6/10 in win-loss

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Quote from: jake zyrus on August 11, 2019, 04:42:23 AM

~snip~
Gambling for living is like putting your life in risk.

^ There is an option there, "know your limit and be responsible". There are some people who love gambling because they can earn profit but sometimes they lose. In that case, you should know when to stop if you have won and know how to stop when the amount you have set was lost. Yes, gambling definitely good for entertainment but at the same time, you can earn money as well. For me, gambling as a profession is quite good but not a gambler, yet a gambling founder who run the business.

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Maybe gambling is a big part for their living but for my personal opinion, I don't suggest to fully rely on gambling since it's a risk. Gambling is only good for entertainment and fun but not to take it too serious 'cause it could really put you in a bad situation.

Gambling for living is like putting your life in risk.

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If what you mean is that as a player I am not very sure, although yes we have heard some of them. But I have seen that most of those who succeed in gambling are those who run a gambling business not as players.

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Quote from: Vishnu.Reang on August 11, 2019, 12:54:33 AM

Only group of people who can survive solely from gambling are those who own gambling sites. Since gambling results are dependent purely on luck, you can't really make it a profession. And I don't think that there is any gambling site out there, which offers zero house advantage. So no matter how skilled you are, in the long term you are expected to lose money.

If you consider games like poker as gambling, too, then there are definitly ways to become a professional player. Poker isnt that luck depended like eg. dicing, the skill of the player may even turn bad cards into a win.

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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.

This is a hard and risky way to live but there are professional gamblers who can live by gambling alone, we can include traders here, casinos will not divulge who among their clients are living in gambling but these high rollers know how to play to win to compensate for their losses because they have the means to do that.

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Quote from: Darker45 on August 09, 2019, 11:17:49 PM

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.

Well indeed the tide will not always be on our side. But clearly there are people like that, where they make gambling as their main livelihood. Of course they have years of experience in gambling games, even I also have friends like that. He has been playing gambling for more than 10 years now, and he certainly told me that he had experienced a worst period. But the most important thing is to try self-introspection and look for what's wrong with our gambling strategy.

And for me, I would not make gambling a profession before I truly became a pro gambler. Because this is not an easy profession, we have a high risk afterwards.

RivAngE

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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.

Vishnu.Reang

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Only group of people who can survive solely from gambling are those who own gambling sites. Since gambling results are dependent purely on luck, you can't really make it a profession. And I don't think that there is any gambling site out there, which offers zero house advantage. So no matter how skilled you are, in the long term you are expected to lose money.

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Even if there are players who can live out on their winnings, this is often for a very short time in the players lifespan, if they manage to gain hundreds of thousands of dollars sooner or later they have to pursue a 9-5 job to earn money. Players who earn a lot of money in no matter of time are eager to spend that money in no matter of time and buy things that they simply cannot affort like mansions or yachts.

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Quote from: Ucy on August 10, 2019, 02:21:21 PM

It's possible that some skill based gamblers make money from gambling. But the number of this gamblers are likely very few.
I have heard of skilled gamers earning handsomely and consistently from video game gambling/competition.
There are also professional poker players who likely make a living from competitive poker.

I believe these professional gamblers are very strong in controlling their emotion when gambling. I've seen some who's very friendly when talking to someone but when in a game it's like a different person if you look at him. And he seemed to be more focused when in the middle of the game, i guess this is how they really make money from gambling. He doesn't waste such a small opportunity to slip off when there's money involved.

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