Topic: Has anyone been able to make steady income with gambling ? - page 11. (Read 1281 times)
Many of us cannot earn a steady income by gambling. That is a reality that we must accept so that we can start reducing our gambling activities and switch to other things that can provide opportunities to make money. We cannot depend on gambling to make money because gambling is just entertainment. If you continue to insist on gambling for the reason of wanting to make money, you will likely feel disappointed, especially if you end up losing most or even all of the money. You should work somewhere else that can actually make money, so you don't have to lose money. If you are successful, you will only use gambling as entertainment and enjoy gambling as it should be.
Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
No gamblers make steady income with gambling and we all know the fact that it is unstable nad has no guarantee of a winning streak. Gambling depends on your luck and that how gamblers fate is relying on. To become successful in gambling you should be very lucky. 😁 I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
If you already have that feeling that there's less chance of making a steady income in gambling, what's the point of this thread then? I guess for the sake of confirmation of your bias probably but I think if you use your common sense or logic, you would probably already formed some sort of conclusion that gambling is obviously supoosed to make the players lose more money more than winning them because the house don't want that to happen because they bank on the fact that there's more losers than winners in their casinos. With all the things that you've said about gambling in moderation and other obviously right thing to do when you are gambling, I don't think disagreeing would be the logical thing to do. 
It seems you have answered your question yourself and for myself and several other people here will also say the same thing, you can never use gambling as a daily income or to earn income.
there has previously been a thread that is almost the same and it is clear that even though gambling is done on skill based games, it will still be difficult to earn an income because you need skills that you really master to be able to get consistent profits, which is very difficult.
unless you are a gambler who is trying to build a gambling business, it will definitely be very profitable or in other words become a bookie.
there has previously been a thread that is almost the same and it is clear that even though gambling is done on skill based games, it will still be difficult to earn an income because you need skills that you really master to be able to get consistent profits, which is very difficult.
unless you are a gambler who is trying to build a gambling business, it will definitely be very profitable or in other words become a bookie.
Quote from: Natsuu
I think it is impossible to make steady income with gambling by solely playing. You're correct. Gambling relies on chance and there's no guaranteed way to consistently make a steady income solely through playing games of chance. Most people experience a mix of wins and losses and it makes an unreliable source of income. So we should view it more as a form of entertainment rather than a reliable financial strategy. Maybe if tou become an owner or gambling facility it will make a steady income but not a player tho
Gambling is different from other business you can call yourself a professional man or woman because, in gambling you can win big today and take you five months before you will win again and before you will win again maybe you have spend the money you have won before in some bet. That is why is very difficult to maintain a steady profits in gambling because , if you are use to sports betting, it will be very difficult to maintain a steady profits and if you are not careful you can end up be addicted to gambling and it will take you some years before you can pull yourself out from such attitude. Those taking gambling as a way of making big money to invest in BTC or other investment, it will be hard for such group of people to gain such access to financial freedom,than to lead them to loss many properties in the community.
Gambling is meant for fun, not to make steady income.
That's what they say, and it's genuinely good advice. But what if you possess the skills to be a winner? Wouldn't you seize the opportunity to generate a consistent income through gambling? I believe it's worth exploring this topic rather than just offering advice on how to have fun and stay disciplined to avoid addiction in gambling.
When it comes to the question of "how to make a steady income," only those who believe it's feasible to earn money through gambling can share their opinions.
Skill only guarantees the victory in games like chess (and even professional chess players can have a bad day). It also affects, but not 100%, in games like poker and blackjack.
For the rest, I don't think that skill makes any different. Maybe in sports bettings, to some extent (not much). But in gambling in general (dice, crash, slots...) victory is based on pure luck.
Don't fool yourself thinking you can make an income from gambling. The chances are stacked against you.
Maybe you'll get lucky, but it's not going to last.
See there's this thing called house edge on gambling games. It ranges from sub 1% on blackjack all the way to the high teens on certain games. House edge simply means that the game is literally rigged against the player, although to a small degree. This is necessary to make games sustainable. Otherwise casinos would earn nothing and perhaps even go bankrupt hosting them.
So consider gambling and all luck-based games as a way to have fun and pass time. Nothing more.
Maybe you'll get lucky, but it's not going to last.
See there's this thing called house edge on gambling games. It ranges from sub 1% on blackjack all the way to the high teens on certain games. House edge simply means that the game is literally rigged against the player, although to a small degree. This is necessary to make games sustainable. Otherwise casinos would earn nothing and perhaps even go bankrupt hosting them.
So consider gambling and all luck-based games as a way to have fun and pass time. Nothing more.
Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
As far as I remember and as far as I know, the world of gambling is synonymous with winning and losing, so it's a little strange that gambling can be said to be a steady income for its visitors, That's why I've read about stories of gambling addicts from ancient times until now, and never found them saying that gambling could be a basis for their income.In my opinion there is no strategy that can be given to your question, remember that winning and losing gambling has become part of the life of everyone who comes to offline or online casinos.
Gambling is meant for fun, not to make steady income.
That's what they say, and it's genuinely good advice. But what if you possess the skills to be a winner? Wouldn't you seize the opportunity to generate a consistent income through gambling? I believe it's worth exploring this topic rather than just offering advice on how to have fun and stay disciplined to avoid addiction in gambling.
When it comes to the question of "how to make a steady income," only those who believe it's feasible to earn money through gambling can share their opinions.
If steady income is what you are looking for in gambling you should not be gambling at all, steady income only exists in businesses or skills based works, find something else to look for or risk losing all your money in a matter of days.
There is no way you will enjoy gambling if you are doing it to make steady income, because you will surley lose more money in the process, the best way to enjoy gambling is to risk only what you can afford to lose, and place bet on games you will love watching of playing.
I don't win every time I gamble but my focus isn't on me wining too, I do this only when I miss a certain game, like the Slots games, I like them because they are fun and also more interested in their playing method and sound tracks, I win when I don't see it coming.
There is no way you will enjoy gambling if you are doing it to make steady income, because you will surley lose more money in the process, the best way to enjoy gambling is to risk only what you can afford to lose, and place bet on games you will love watching of playing.
I don't win every time I gamble but my focus isn't on me wining too, I do this only when I miss a certain game, like the Slots games, I like them because they are fun and also more interested in their playing method and sound tracks, I win when I don't see it coming.
If am not mistaken then when they say steady income that means that you are on a payroll and every end of every month their will be money coming in for a job done. And that is what gambling can not give. Because is not as if you are working for the company but you are using their services to make more for our self. So their is a big difference between gambling and seen it has a source of income.
It is better to take reality into consideration that is getting a job and earning money because if anyone want to rely on gambling then that individual should be ready for hunger because everyday is not Christmas so if you game does not come then you won't eat. It clear we don't even need to tell us that gambling is fun but relying on it for money always is not the best idea to be given, like I said it is not always you will win.
Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
You can win occasionally but making a steady income is just impossible whatever strategy you employ, even if you diversify I tried it many times and I still get the same results nothing changes even if you use Martingale or change games frequently.Quote
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
Gamblers should find this out early on their betting, it's hard to find out this fact late when you spent a lot of money, gamblers should learn from the experience of other gamblers and they should listen to gamblers who have been there and experienced, it's hard when you want to experience it yourself because it involves losing a lot of money and getting frustrated so many times. I personally feel that there are very less chances of making a steady income with gambling.
Multiple times this topic has been discussed a good percentage of contributors made it clearly that it's a No for an answer, there's no way anybody, absolutely anybody can make a steady in with gambling.
Be it in sports betting where the assumption is that with a good knowledge of the particular sport and team/league you are betting on, your chances of regular wins against the house are high great yet no gambler has acquired that regular enablement with winnings it's rather random and irregular winning times.
Never a brilliant idea to take gambling as a source of income, if you must then it should be a part-time thing among other multiple sources of income you have. There's no guarantee in profit making with gambling.
At first, you should know that gambling is for fun, and as such, it is advised that one should gamble responsibly, not put all their hope in gambling, and also not gamble with what they can afford to lose because no one can predict their game outcome. Yes, strategies can be implored when it comes to games played, but not all the time they work as well as you might envisage them to. Although there are people who win, not all the time. Most times it is in their favor based on the odds, and most times they lose it all. So therefore, banking on a steady win while gambling is not a feasible plan, if you should think of it as a financial backup plan for yourself.
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By steady do you mean enough to become a source of living? I highly doubt that. It's as you pointed out already, there's a low chance of a person being able to sustain himself through gambling and in most cases of this actually happening, their lives started off well in the first place with a large amount of money to play with early on. At that point really any choice you make could still let you live off since, well, you were originally rich after all. Even professional gamblers afaik don't rely on gambling itself as their main source of income. They're probably there mainly for the competition really. And it's called a gamble in the first place. Pretty opposite of what steady means really.
Gambling's definitely a gamble (no pun intended). The odds are always in favor of the house and the house usually wins. Sure, you can make some cash gambling, no one denies it, but it ain't exactly a "reliable source of income".
And I feel what others are saying on trying not to repeat stuff thats been talked to death on here already. Sometimes an old topic deserves a new perspective, but OP, just maybe do a quick search next time before posting to see if the ground's already been covered.
And I feel what others are saying on trying not to repeat stuff thats been talked to death on here already. Sometimes an old topic deserves a new perspective, but OP, just maybe do a quick search next time before posting to see if the ground's already been covered.
People do win at gambling, which is both a game of skill and chance. Steady income? It does happen sometimes, but not most of the time. Diversifying across games? Both risky and smart. The key? Learning about chances and how to be self-disciplined. Your plan to switch from high-stakes to low-stakes play after a big win shows that you know how to handle risk well. But putting money into crypto as a "safe" alternative? Given how volatile crypto is, thats already a risk.
Adhering to your idea of self-control is very important; its what keeps gamblers alive. But the idea that gaming can give you a "steady income" often hides the harsh truth that it cant be predicted. People who play successfully are few and far between, and their stories are often overshadowed by those of people who lose. The real question is: Can someone get through this high-stakes situation with skill, plan, and a firm grip on reality? For a few people, yes. For most people, its a dangerous road that should only be taken with care.
Adhering to your idea of self-control is very important; its what keeps gamblers alive. But the idea that gaming can give you a "steady income" often hides the harsh truth that it cant be predicted. People who play successfully are few and far between, and their stories are often overshadowed by those of people who lose. The real question is: Can someone get through this high-stakes situation with skill, plan, and a firm grip on reality? For a few people, yes. For most people, its a dangerous road that should only be taken with care.
There's no way you can make money in gambling unless you are in sports betting with a broad knowledge about the sports that you will choose.
When it comes to casino games, there's no chance to win against the house.
Poker is also a good choice if you are good at it. You can definitely make money through it by playing live poker against other players.
Unless you are a part of the gambling site and working for them, we cannot win against them. Luck is our only option to win and when it does happen we must learn to take out the profits or else they will just get it back no matter how long it will be.
Just recently I won x1000 in Plinko and now x800 of that profit is gone just like that. Anywhere you go, even if you switch games, they will just get it back no matter what happens.
When it comes to casino games, there's no chance to win against the house.
Poker is also a good choice if you are good at it. You can definitely make money through it by playing live poker against other players.
Unless you are a part of the gambling site and working for them, we cannot win against them. Luck is our only option to win and when it does happen we must learn to take out the profits or else they will just get it back no matter how long it will be.
Just recently I won x1000 in Plinko and now x800 of that profit is gone just like that. Anywhere you go, even if you switch games, they will just get it back no matter what happens.
I think it is impossible to make steady income with gambling by solely playing. You're correct. Gambling relies on chance and there's no guaranteed way to consistently make a steady income solely through playing games of chance. Most people experience a mix of wins and losses and it makes an unreliable source of income. So we should view it more as a form of entertainment rather than a reliable financial strategy. Maybe if tou become an owner or gambling facility it will make a steady income but not a player tho
Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
I'm not making any steady income through gambling because in the long run, I end up losing money. Unless I have a budget for gambling and can go all-in for 1.01 odds. Gambling is luck based, as I always mention here in BitcoinTalk and the odds typically favor the casino. While we may win in the short term sometimes it's important to be cautious as relying on gambling for income comes with significant risks.
you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
I know of gamblers whose aim is to build capital from winning their bet and use it to invest in some businesses and probably buy some coins but unfortunately they have not been able to get this done. There is no guarantee to use gambling as a means of survival or to raise capital for investment. Unfortunately enough those who even got the winning and controlled themselves not to lavish the money but using it to open up some road side business have eventually collapsed because they also went back to gambling and finally using business money for gambling. In gambling you have to be serious with not tempering with money not meant for gambling and to make a gambling budget otherwise you would realize you have been ruined.
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