Topic: Gambling is not a steady income haven - page 12. (Read 4077 times)

The ambition to earn more will come after he manages to make big money in gambling. Still, unfortunately, he may be disappointed because it is not always possible for him to win again, even after getting previous wins. If he could think that gambling was not a source of income, he would not even try gambling and would only consider gambling as entertainment. He will look for other sources of income to earn money and maybe he will be able to get his chance to earn additional sources of income.

Those who fail to make additional money from gambling and want to make gambling a source of income will be disappointed and angry to see that what they tried did not produce the proper results. But that's how it is because gambling is not a place or source of income for them.

If they will continue with this kind of mindset they will start to quit their jobs thinking that they already found a passive income which is not. If they did this it will just only gambling with their entire life and career as well. Some people can really create money with gambling those are veterans and they know how to disciplined themselves so there is no problem with that of course.

I think it was at the moment he got a big win at his gambling, then he used bigger money to play gambling and then he lost, and that's where he had the ambition to return his money which then caught fire until he actually lost more money.
The idea of earning income from gambling is a bad idea and unethical in the business world to provide for a family, gambling is a place where we can have fun and we need to pay for that pleasure, the problem is that winning is a bonus from gambling.

Yes, maybe the unpreparedness to lose money is because of wrong intentions, having the intention to multiply money, but in the end, when you lose it, you will definitely feel angry and annoyed.

Until this present moment, in a realistic sense within my surroundings, there exists not a soul who has attained great wealth solely through gambling. True, there was one who obtained lottery victories on several occasions, but verily, such triumphs did not transform them into a bona fide affluent individual.

The art of true opulence lies in the mastery of financial management. Those adept at handling their resources astutely and adeptly capitalizing on existing opportunities to reap gains, those are the ones deemed genuinely prosperous.

Gambling, in essence, serves as a mere transient abode for amusement. Granted, the prospect of multiplying one's fortunes may shimmer alluringly, but alas, no one can sustainably subsist and endure solely on the whims of chance day by day. Ill-fated days shall arrive unbidden, and they shall seize everything from you without warning.

Well, these are great Strategies, although things can be or seem very simple because it's not that bad, for example in poker there are many strategies to intimidate the opponent, you can have the worst of games, but if there is enough . attitude and aptitude things can be easier, there are many players who can be affected just by looking, now with a good victory gesture or maybe a way to see or show that they have a great game, because when it comes to betting simply let them win, that's right Well, you only have one card to play, this kind of thing is valid and sometimes in Online games and Tournaments things are like that.

Whenever we play games like poker or black jack I Consider that it is an advantage when playing in PVP mode, I feel that there is a better chance to win than facing the casino or a casino machine alone, because it is evident that we will always have the chances of losing, when there are people in the same game and everyone Bets , and it's full, some of the players must win, that's the law, there should be no doubt about that, I think the options and possibilities increase, maybe I'm I was wrong in that statement, but as far as I am Concerned I think that the same opportunity should be given, perhaps poker experts can give a better opinion on what I Believe , but when we play in Traditional physical casinos, at least I in the roulette I know that I can win because when it is full and everyone bets on roulette  , there is Always someone who wins , it is very difficult for Anyone to win.

And if they can't control their gambling, they will only lose more and never make any money. And they should also not think about making money from gambling and see it as a way to earn a stable income. Gambling beginners are often unprepared if they experience defeat and become emotional and want to recover their losses because they aim to make money from gambling. But the truth is, they lose their money before they even make any money.

The average gambling beginner, they know about gambling from other people, from friends or from what they watch, then they are taught how to create an account, make withdrawals and put money into their account, after that they play and hope to get a win to cover his wish.
And the beginners do without any assistance that really teaches them about what they have to do before registering to the gambling platform, so I think it's only natural that they don't read the rules in the casino.

Maybe when they are in a winning position, and why they return to gambling is because they feel that making money from gambling is an easy thing than doing a business that requires a lot of effort, a lot of time, a lot of energy and a lot of capital to build, because that's the reason they always back into gambling, and thought that he would get a continuous income from gambling, even though that was foolishness, gambling is a place for fun, not a place to gamble fate.

Every gambler knows that. Most are aware of their own behavior in gambling. They know their triggers when they do overbetting yet they still participate on those games that put them in that situation. Also more often, they took gamble with unrealistic expectations. They are wishing to win big to pay their mortgage or debts. They then end up pushing their finances into zero, betting their properties just to gamble. They play without any reserve cash.

Simply put, they want easy money. Little do they know that in gambling, as much as it is easy to win. It easier also to lose all your winnings.

Every gambler has their own decisions, particularly when it comes to Gambling. Perhaps you know that not everyone has the luck to win a huge amount. That's why you see some of them gambling continuously until they lose everything. Sometimes the reason is also because they want to be lucky and make a huge win, but even after they win, they might not stop because they don't have any idea of something reasonable to do with the money if not just to gamble too.

But a good beginner will want to seek more knowledge so they don't encounter problems or make mistakes. But it's very rare for beginners to want to do it because they tend to play gambling immediately rather than wanting to find more information about the casino. But if beginners still want to make money from gambling and think gambling can provide a steady income, it is still their mistake. We can't change their minds unless they are themselves and if they stay like that, so be it. The important thing is that we don't follow what they are doing because we already know it is a mistake to use gambling to make money.

Going into gambling with an idea of getting rich quick or to double your income is a very big mistake anyone could take, if gambling was a safe haven for wealth their won't be fewer punters and alot of casino's would had gone bankrupt due to multiple amount of huge wins per day, but if you notice the casino's are on the safer side compared to many customers when it comes to loosing money daily because In gambling there are more loss than gains, even many punters suffer major losses before they recover and they don't take gambling as theirajor source of earning, but a side hustle to try add more funds to their pocket, they understand the risk, know when to quit and gamble with money that they can afford to lose.
 It is mostly the poor people that doesn't have any means or alternative to making money that falls back to gambling as their only option, though sometimes they might be lucky enough to make a fortune from it but it doesn't happen all the time, the risk in gambling is very high and that's why people suffer more loss than gains, there's a possibility of staking high funds on betting options with lower chances of losing and still lose the bet for instance in a match between Manchester City vs Brighton,  City have a high chance of winning but you'll see them losing to Brighton and make bettors to lose money, the success in gambling is not 100% guaranteed that's why it shouldn't be taken as a major source of income.

Yes, professional gamblers have systems in place and put in countless hours of practice, but there is no magic formula for success. I've seen people play poker until they were completely exhausted, just for the faint chance of a huge payout. It's like trying to catch a gust of air! Some people do strike it rich, and their stories go viral on social media platforms like YouTube and Twitter. The cold hard truth, however, is that there is no universally applicable success story

And sure, some people win the lotto and completely change their lives, but they're the outlier, not the trend. We share the same perspective that gambling is fun because it's a risky method to kill time. Absolutely right! There is zero stress involved. Everything is fair game

People who consider themselves to be professional gamblers or have got success in gambling generally don't have gambling as their only source of income as they do a lot of other things on the side as well and those things generate a lot of money for them, and for gambling, they have pretty large bankrolls and they don't spend money recklessly on gambling, they might chase their losses but they do it with care and even they lose money at times.

So basically, there is no constant way to keep getting profits from gambling, those who get inspired by people who represent themselves to be professional gamblers tend to lose more money because they can sustain the same level as them, they have a lot of money and they don't spend everything in one sitting.

As a beginner with some knowledge of gambling, it may seem too easy the mistake people make is their lack of discipline in gambling. Every good gambler knows that discipline in gambling is as important as a good strategy. The losing side of gambling is bad but it is usually up to the individual to stop gambling. But gambling does not take time for a rich person to run out of money, so it should be played as a means of entertainment.

There are stories out there that tell of gamblers getting rich. some of them, are professional gamblers especially in games of skill like poker for example. I forgot I read anything discussing professional gamblers, maybe it's on the YouTube channel, articles, or information from the community. Basically, I don't remember. but in this story a professional gambler who is engaged in gambling, for example poker, can practice at least 12 hours more in one day. that is, if I am not mistaken. the point is, they do earnestly to pursue something that becomes the ideal of hope for him. some are successful, some others are much less fortunate. there is also a story, someone became rich suddenly thanks to getting the lottery jackpot. so, there are many who win big money from gambling.

Well, true to the theme of the title of this thread, gambling is not a steady income haven. but some of them, got rich because of it.  although, only a handful of people are incredibly lucky. referring to what you said, specifically the gambling business industry. I don't know where to start, but the concept is not quite what you say. However, we agree that this industry generates profits for its business people.
Now modern gambling is designed as part of entertainment, and anyone who likes this entertainment, they are very aware and willing to spend money as a medium to play it. some win, some lose. and that is part of the risk of this type of gambling entertainment. but ideally, think of gambling as part of the relaxing pastime at the expense of just a few dollars. thus we will not experience the pressure if we lose, and it is not advisable to make it part of the livelihood.

All of the years you've been playing on which if yourself seen to be profitable then there's always a probability that those winnings would really be taken back when severe and extreme losses would happen and this is why people should really be that careful when it comes to this matter because there would be no exemptions because once bad luck would hit up then there would be no exemption
whether you are a professional or veteran on gambling space. Gambling is never been considered to be a source of income but rather its really that good for entertainment and leisure.
Because on the time that you would really be having this kind of approach then you would most likely seeing yourself that too desperate.

For some people they might be able to sustain and make profits with gambling and make it as their living but this one would be applicable on games which you could apply strategy
but of course in speaking of risks then it would really be always that high and not something that you could rely or be confident most of the time.

Yes, better to be wise instead of being greedy break that cycle or that mindset that when you experienced that luck, you will think that it will be easy for you to repeat the same outcome, it's better to quit and enjoy the money, and if that amount of money is huge diverting it to a business or investment that will generate more money is far better than trying to take another shot in gambling and let that money to lose back,

which most of the time happen to those gamblers who have given that chance to win big, but they choose to stay and keep trying to bet more to increase the amount of their winnings.

At the end of the day, they find themselves with an empty wallet, nothing to withdraw and lose that opportunity and be left with regrets.

It's true; it's just somewhat funny to hear someone saying, "Dear god, help me win this bet" or whatever as it shouldn't be that way. Instead, they should pray for luck. In my opinion, I think luck may come your way on occasion but it won't be with you constantly. Therefore, if you win a big amount of money, it's best to cash out and use that money for something that brings you happiness. Being greedy and thinking that if you win once you can win again and bet all the money for an even bigger win is not a wise approach.

People should let go of that mindset, be wise and quit whenever the opportunity arises. As we all know gambling is very risky and can eat your money at any time.

something I've seen all these years and that for some strange reason many people who managed to profit from gambling ended up doing badly in life, it looks like the money coming from gambling winnings somehow brings bad luck, I'm not saying that I believe in it. but if we look at cases of these guys


source: The Most Famous Professional Gamblers of All Time

the link has stories of more people, which makes me more shocked and that they are very skilled people in gambling and managed to win a lot of money, but it is strange that they took the money they won in the game of chance and did something stupid, we usually see stories on tv about poor people who won a lot of money in the lottery but who in a few years spent all they won in the lottery and became very poor, and then we thought: these guys didn't have any sense, they weren't very smart. but looking at this article, seeing smart people also making worse mistakes than the poor guys who won the lottery

it makes me wonder: how many people have managed to make money from gambling and not made mistakes that have destroyed their lives? probably if they exist, the number would be very small, this leads me to the conclusion that there are no people who are living with winnings from gambling, thinking about constantly profiting from gambling is a very serious mistake, just see how most people have a sad end, I'm glad I don't think of gambling as a source of income and I don't believe in professional gamblers. gambling should only be seen as fun

I don't know but I heard of stories of people actually saying that they actually got bless gambling one way or the other maybe because of the miraculous winner and yes I said miraculous because of the stake amount used and the actual amount won, some dude in my locality actually got that kind of experience, he played the game with 900hundred naira and got a winning of about 31million naira and that's a very huge money looking at the odds and possibility of the game he played.