Topic: Getting a living from Gmabling alone is possible? - page 7. (Read 9248 times)

well i must agree with you, gambling depends on luck ( at least in most of the cases ), but there is some exceptions, just look the spanish family history called "pelayo", there is a film about it, they live pretty well playing gambling

Gambling depends on luck, so it's not that possible you could make a living from gambling, you could lose at any time, furthermore, you could lose all instead of parts.

What is the difference between the casino gambling and sport betting? Are not both connected with luck? Or with need to earn more? This last make possible (or inevitable) the loss?

In the sport betting you can make an "easy" bet when it will be a match between a big team against a weak team. You have big probabilities to win. But never you can be sure. But lets suppose that you will win. If you win the amount will be very few if you bet few money. So to earn more with this kind of matches you need to bet big amounts. And again the amount earned will not enough to live with it. Even you will do to many of this bets yet the amounts earned can't be enough to live. To not suppose here that even can lose. One time of this kind of loss will cost you a lot of money. Because such must be the amounts of money used in such kind of bets. So one match wrong and you can leave all the earnings of the month. How can be possible to live in this way?

To live with betting in sport mean play big amounts and win big amounts. I explain above that the amounts with which you bet must be bigger, more easiest is the possibility to win. Because if you bet a little amount will earn very few; not enough to live with those.

What is the point. You will try to win with your money using bets with big amounts of money but in risky matches when the amount which can be earned is big. So you will risk. You will bet in difficult matches. If you do this you will lose all your money. Because even if you will win one day, you will lose tomorrow or another; can't win always. Or you will want to earn more and will bet all the earnings. One day will lose all. Is the same like in casino games.

To live with gambling it is impossible. Even if you have big amounts in disposition with which you can do various bets.

if you are playing gambling in casino, then i believe what you are telling is correct that you can live life , but if you are playing in sport betting then you can say that possible is their of living from gambling alone.

Insurance is a kind of gamble. However, like other kind of gamble, it is designed to favour the insurers. But the insured get benefit from recovering from disasters

Sports gambling also favor the house. Any form of gambling always favor the house that is why it is call gambling. Playing sports betting will also make you lose in the long term because the house edge is bigger but some people dont realize this . If you keep betting on favourites then you will lose in long term

It is the loss of the money in the favor of the owner of the business which organize the betting (whatever kind of business it will be; online or offline).

No it dosent ,what do you think sports gambling is ?

what stops you from losing all of your trading investment ? nothing is absolute ...even your boss can fire you anytime ? more or less.

Yes but it's extremely difficult - and requires a crap load of skill. You could make money out of poker/sports betting - which people have done before - but honestly with the time it takes to learn something like this properly you'd just be better off getting a degree and a job. There are a lot of people who try to make it to professional levels - but don't make it. Then there are stories of pros who spend a night in Vegas and find they have a natural knack for it.

I never can believe that someone may live with gambling. I want to not tell more because it is in vain. Who want to believe in this kind of dreams make with open eyes believe on those whatever word can be write. Who think and learn, understand that this things are only urban legends. I want to tell only that gamble make the people to wast money not only for the owners of gamble game/site/casinos but even to be recovered from the addiction from those.

I sort of disagree there.  It depends on your skill.  If you are able to read people in Poker, you are far more likely to gain profit from that then someone who knows nothing of trading.

you'd be more likely to lose. Gambling usually favors the house.

Investing or trading is much safer, but also not guaranteed profit. But at least it's not a guaranteed loss.

nope not at all.. it would be very very stressful .. as his life depends on his bets... its not nice to have whole day tension .. i would rather opt for small jobs.. this is just part time..

i think it can be possible to make a living from gambling alone. and that is why there is term called "professional gambler" and there are people who are doing it as a profession and make money this way.

but if you ask me, it is the worst idea, and a very bad way of earning money because one bad luck can ruin your life and lose a lot of money.

nope you cant most of people do this and up being broke and has a lot of debt.
earning some profit is possible but making a living out of it is impossible.
and for those who are saying that its possible you`ll end up owing a lot of
people and even if you won it wont last because you`ll probably go
back to the casino and bet on high stakes.

Agreed with you but there must be very few gamblers who are successful and living on the income from gambling. I think that in a long run its not possible to win every time, there is no consistency in the income from gambling; there are also chances to loose your money. People who are full time involved in gambling are wasting their money and valuable time, they can live for short period but they can not survive in the long run by depending on gambling for living.

There are games that are not played against other players, but against the house. If you win you'll get money from them, and they won't be ruined because they usually win against poor players like you

Gambling for a living is highly inadvisable. I have never seen anyone earning a living through gambling. Martingale does not work when you will lose all your money eventually.

If there is losing or winning money, gambling can not be only fun. If you loose your money you will be sad for that. So where is fun? Funny things are containing only fun but not sad things.

Gambling is just for fun, not to get real income from that.
Actually everyone want to win in gambling. So when you win, inplicitly you ruin other people lives. Opss