Topic: Getting a living from Gmabling alone is possible? - page 8. (Read 9248 times)

im pretty sure there are also gamblers that made millions then learned to stop and being not greedy. not all shortcuts were dangerous it still depend on the gambler and its just a matter of discipline BUT i think gamblers like that were rare, but as you said, anything is possible

Everything is possible if you believe in it.There are gamblers who made millions and lived their dreams .Unfortunately ,the faster they became rich the faster they went broke .Shortcuts are dangerous .If you're having a job and as long as you gamble for fun ,gambling is fine but doing it for the living doesn't seem like a great idea.

Correct. I'm agree with the above comment.

The answer is NO. You cannot never live with earnings from gambling. It is the opposite. You will destroy your life if you will begin (or will continue) to gamble. The experience in gambling doesn't exist. Gambling is only luck, winning of the owner (for sure) and maybe 1% of thinking simple things that cannot be called experience and cannot give you more than 1% of chances to win. Gambling, most of the times, can create addiction and in this cases the addicted person need a doctor to be again normal or he will destroy its life and the life of its family.

Why you not try to Depo your small money and thing that is all your precious money which cannot be lose.
You must develop that money to make living. And if in the end you loss your money, with/without your greedy. Then your question will answered by your own experienced.

its impossible, eventually will bust all funds if too greedy. but mostly gambler is greedy

Yeah I mean it's very difficult, but not impossible by any means.  The friend I referenced too above didn't have the money of his parents. I don't think any good parent would enable their kids to do that, but I'm not quite sure... He had a part time job for some time and just managed to keep on winning and getting better at poker. But I would not recommend anyone trying to do what he did, it was just cool to watch all of that happen and to see him succeed in his hobby/addiction..

I don't think may people will make their life from gambling unless they have a lot money from their parents so they can spend that money on gambling and in that process some times they may win some big money. But if any one try to become a full time gambler with their hard earned money then very difficult to survive for long time.

There's a lot of professional gamblers living only out of gambling. At least there are a lot of professional poker players ( like Negreanu) that make a life out of it. 

Well, if you want to be technical.. it would be ~ 9% of the time with the usual house edge a gambling site has now and days.

even an expert gambler experience ups and down , so you cant say to get a living from gambling

Bet all your money on 10% win chance, it's proven to win you 10x your money around 10% of the time.

Absolutely.. My brother said there would be these periods in time where he wouldn't want to socialize at all by going out with them and doing some occasional partying.  He would just be that focused into playing poker.

Now is that a healthy way to make a living? Hell no. But does he enjoy what he's doing, and not having to slave away hours for someone above him through work? Well.. maybe, considering he does take some sponsorships to play tournaments and has to pay a percentage of his winnings to investors, but still... Makes my day job look like shit considering the hours I work and at what wage rate.

yup, the case is very rare but it is indeed true. there is a lot of these cases in texas poker and the amount you can win from the major tournament is really really huge. he really put in a lot of effort into this and that is why he successed. so overall, u can see that in order to win big, you still have to put in a lot of committment and effort.

I have never knew of anyone who was successful from gambling online... except for this one guy...

My brother had a roommate in college who was SUPER into gambling on poker websites, mainly texas hold'em. This was still at the time when online gambling was still legal in the US, maybe around like 2006 or so?  Definitely not a part of the bitcoin gambling scene, but I'll tell his story any ways as it might interest some of y'all.

This kid just had a knack for gambling.  Sometimes when I would visit my brother at his college, we would play texas hold'em... we never stood a chance.  I guess from playing online, he came across as having this blank look like he was looking at a computer screen when playing, seldemly drinking at all when playing, he was very serious.

Then he started to get more into gambling.  It was a serious addiction, but it was an addiction that he profited off of, so I guess that's a good thing?  He would get into some pretty heavy buy ins, and would stay in his room for hours at a time.  Then, when/if he got in the "final table" he would quickly run to the library and go on the basement level to isolate him self from everything... no cell phone service, just wifi.  He would just literally disappear and stay there all night long until morning and maybe even in the afternoon if the game was really long.  There was times when my brother said he would come back with bags under his eyes and just a grin on his face as he sat down his lap top and goes... "I won 100K..."  Of course my brother and all his friends where estatic for him and would through these parties for him, where the guy would fund all the alcohol they wanted.

After he graduated (Accounting) he started flying out to Vegas and playing in tournaments.  He would win some pretty nice sized pots there as well, and started making a name for him self.  Major poker players would "sponsor" him and funded his entry fees to play in these tournaments, and he would just have to pay back a portion of the profits to the lender.

Anyways, he never has worked a day in his life... still flies out to Vegas.  Does pretty well in WSP tournaments (though hasn't made the final table there yet). Oh... I forgot to mention that he has won a couple of $1K-$20K pools on FanDuel before and thinks nothing of it.

But he was one of the coolest, nerdiest, most genuine guys I got to know from my brothers friend group.  Ended up buying a 50 inch plasma screen from him for $50 dollars, simply because he didn't want it any more... lol

Yes its very possible to earn a living with Poker played in real life like at a Casino. But you can't earn your living with Poker when played online because you can't read people's emotions.

@ the OP -

If you're thinking about trying to become a professional gambler my advice would be to you - don't bother.
I'm sure some people can make a living out of gambling but the vast majority will fail, I'm sure many have lost everything trying.

Gambling is a hobby, it should be fun. Don't ruin your life chasing a dumb, impossible dream. Jobs are boring but they put food on the table, most people can't be some kind of fantasy, gambling maverick.

You can if you're a good poker player. Just don't get your hopes up, 99% of players are bad

Agreed with you that its not possible to live a good life by the money earning from gambling. There is fix income, you can not predict how much you will get on some particular day, you have no idea whether you will win or loose. There will be lot of uncertainty and financial problems in your life. So just better to do any job or business for living. If you want to gamble then do it but just for fun.

Get a living from Gambling alone is almost impossible, but get a living from opening casino alone is possible
Maybe you can get a living from gambling, if you're professional on skill-based gambling

But, most people can't get a living because gambling too