Running household expenses with gambling

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Quote from: Slow death on August 08, 2022, 01:52:18 PM

Yes, it is possible!

1 - The owner of the casino lives thanks to the profits of the casino, that is, he lives thanks to gambling

2 - Casino employees also receive casino salary, they live thanks to gambling

3 - Professional bettors also live thanks to the profit they make from the bets they place

These are literal responses lol but clearly, not the expectations that were wanted by OP.

I think OP is not even under on all those tiers. Just a gambler that wants to expect something good out of it. That was a risky decision if OP is just a regular and average gambler and will consider its gambling activity the main source to cover all their household expenses.

Better forget that OP's plan unless he is capable of doing gambling financially without affecting their primary budget.

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Quote from: Slow death on August 08, 2022, 01:52:18 PM

Yes, it is possible!

1 - The owner of the casino lives thanks to the profits of the casino, that is, he lives thanks to gambling

2 - Casino employees also receive casino salary, they live thanks to gambling

3 - Professional bettors also live thanks to the profit they make from the bets they place

You can only put a lot of effort into studying a lot about sports betting to become a professional gambler, don't expect that you will consistently win money with games that depend on luck like slot and other gambling that depend on luck

I think the third point should be changed to "professional analysts" because if someone is so strong in analysis that he can make money on betting, then he will choose a stable job compared to betting where even with perfect analysis, a series of unforeseen results occur.
And in general, I doubt that now someone lives at the expense of betting, as bookmakers are constantly improving and if in the past it was possible to beat them stably, now it is extremely doubtful.

Slow death

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Yes, it is possible!

1 - The owner of the casino lives thanks to the profits of the casino, that is, he lives thanks to gambling

2 - Casino employees also receive casino salary, they live thanks to gambling

3 - Professional bettors also live thanks to the profit they make from the bets they place

You can only put a lot of effort into studying a lot about sports betting to become a professional gambler, don't expect that you will consistently win money with games that depend on luck like slot and other gambling that depend on luck

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Quote from: Viscore on August 08, 2022, 01:28:44 PM

Quote from: Oshosondy on August 04, 2022, 04:43:33 AM

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Gambling will not guarantee profits at all times, as most of the time you lose, and some lucky times you win. The reason why a responsible husband or father should have his own stable job so that he can provide all the basic needs of his own family and sustain all the household expenses. Otherwise, if he only depends from gambling alone, his family will certainly suffer from hunger and will only be the reason for a broken marriage later on.

True, Using household money to fund gambling activity can be the start of having ruined family relations. We should never expect that gambling winning could sustain our everyday household expenses because it's a very unstable source of income and the chance of losing is high that it could ruin the mood or relationship inside the household. Even professional gamblers don't risk the money that is allocated for household expenses to just gamble it.

If you know that you are holding or providing the household expense, You should be responsible on putting the money on it's allocated expense. We gamblers should be responsible on having extra income to fuel up our gambling activities. There are many failed gamblers who ruined their life for the sake of getting extra money in gambling.

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

don't think of gambling as a source of income for household needs, that's a big mistake.
gambling is just an entertainment to fill your spare time when you are tired and tired after work.
because gambling only bets luck, if we get a big win, at that time we are just lucky.
and one thing you have to remember is that we can never gamble against the bookie.

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Quote from: Viscore on August 08, 2022, 01:28:44 PM

Quote from: Oshosondy on August 04, 2022, 04:43:33 AM

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Gambling will not guarantee profits at all times, as most of the time you lose, and some lucky times you win. The reason why a responsible husband or father should have his own stable job so that he can provide all the basic needs of his own family and sustain all the household expenses. Otherwise, if he only depends from gambling alone, his family will certainly suffer from hunger and will only be the reason for a broken marriage later on.

It is true, the father/husband is much depended by the entire family for all financial needs. This way a man in the family is supposed to be more responsible than the women in the family. Women in the family are good managers, even with a small earning she knows to run the family. But, when the earnings is spend on gambling the family will be the sufferer. This have ended the life of entire family at some incidents.

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Quote from: Oshosondy on August 05, 2022, 02:28:17 PM

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IMO, it is possible but you cannot rely on it.

Let us make this clear, it is not possible, it will create a bad mindset that may ruin the person.

No mate, technically it's possible. There are lots of professional gamblers who are like that. However, that's not applicable to all gamblers, and being professional can't happen to everyone, and it's something that everybody can't rely on. About the mindset that will be created upon thinking that's a possibility, it depends on the person if they will allow themselves to be ruined at it.

It's not that I'm encouraging OP but just pointed out that it's possible. Of course, we should already know our capability in the first place.

But again, there's a "WHAT IF" here and I don't see OP is eligible to become a gambler where that will be his way to support his household expenses. That's suicide and a risky move since OP doesn't even have other sources of financial income.

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Quote from: robelneo on August 08, 2022, 09:00:36 AM

Quote from: qwertyup23 on August 08, 2022, 07:00:35 AM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

~snip
I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

The only exception is if you're a gambling operator or a casino dealer, it's still a job and your income comes from your being an employee but playing gambling to sustain your household expenses I don't think it's possible even if you're living alone, you will become a pauper and penniless, so if you want a decent life, get a job and only allocate money for gambling, and enjoy playing don't expect or try hard to win.

Unfortunately, just as OP stated, people who has "no JOB and SKILL" so the exemption you've presented doesn't apply on this scenario. Other than having an extremely high luck or probably winning an insanely high jackpot which will be enough to cater all your needs and necessities. I cannot think of any other ways for this to work out especially if you don't have any skills or job that will serve as your backup in case you lose.

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Quote from: AbuBhakar on August 08, 2022, 03:13:56 AM

There’s no way this will work because it means you are betting all your house necessities if you are relying all your expenses in gambling. Gambling is never be a source of income nor a charity that gives money. They are business and they are still existed because players are giving them profit in regular basis. So asking if we can rely to business that is main source of income is from players pocket then it will be absurd to even think of it.

Actually, it is possible to run your daily household expenses with your gambling winnings or profits however you should have high funds to start with and try to maintain your gambling activities with minimum risk bets but still you must have other source of income as backup in case you lose. Also, gambling for your household expenses doesn't mean that one must sell their or bet any of your house necessity.

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Quote from: usekevin on August 08, 2022, 02:37:25 PM

It’s hard actually to run house hold expenses using the winning money from the gambling.Sometimes it may possible,if you play the continues game with the skills.You need to learn more skills on the gambling.It will happen only if you made some huge game.Because game is not just without skills.Even you lose the game,you can earn huge knowledge from that game.

But even if it is possible, we will still find it difficult to get a win from gambling because gambling is designed for fun. Winning in gambling is just a bonus for people who are really lucky so never take a risk if you won't be able to afford it, especially if the risk is about using the money for your household needs. But if you feel good at skill based gambling games, you can use the money, but remember that we will not always get lucky and the risk of loss will still be there.

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Quote from: _act_ on August 09, 2022, 02:48:10 AM

Quote from: livingfree on August 08, 2022, 10:26:39 AM

It is acceptable that most of us can't really do this but I take it into consideration that some can do it like they really are living to gamble, born as gamblers.

Some people can think they can live with gambling but later find out that they are wrong after significant losses. Anyone that is thinking that they can make a living with gambling is deceiving himself until he finally realizes that. No one should depend on gambling, it is a game of luck and the luck is more towards the gambling sites. Gamblers should not take their financial life a joke, they should not depend on gambling.

Not all IMHO.

If you haven't seen those actual folks that have made their gambling career well, there are people that really does. Well, for us, we understand that it's not going to work.

Although it may give us a different thought on everyone's idea about how it would go in general we usually see that it doesn't end well for most.

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Quote from: ethereumhunter on August 09, 2022, 03:00:05 AM

But even if it is possible, we will still find it difficult to get a win from gambling because gambling is designed for fun. Winning in gambling is just a bonus for people who are really lucky so never take a risk if you won't be able to afford it, especially if the risk is about using the money for your household needs. But if you feel good at skill based gambling games, you can use the money, but remember that we will not always get lucky and the risk of loss will still be there.

Firstly, you should always separate budgets and never use the money allocated for life for gambling, this can end badly. This already concerns the issue of financial literacy, you need not only to be able to earn money, but you also need to be able to manage it. You need to know what part of the money will be spent, what is set aside, and what can be allocated for a hobby. If there is such an order, then everything will be fine with the money.

_act_

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Quote from: livingfree on August 08, 2022, 10:26:39 AM

It is acceptable that most of us can't really do this but I take it into consideration that some can do it like they really are living to gamble, born as gamblers.

Some people can think they can live with gambling but later find out that they are wrong after significant losses. Anyone that is thinking that they can make a living with gambling is deceiving himself until he finally realizes that. No one should depend on gambling, it is a game of luck and the luck is more towards the gambling sites. Gamblers should not take their financial life a joke, they should not depend on gambling.

Quote from: AbuBhakar on August 08, 2022, 03:13:56 AM

If we're going to analyze it deeper, on the other hand, gambling is a source of income for those that are working in the gambling business. But, since it wasn't the thing that OP is asking about and just plainly as a gambler, I agree that it's hard to make it as a source of income.

You are not right about this, how can gambling be a source of income when there are chances that you are more likely to lose while the gambling sites are more likely to win? Gambling should never be taken as a source of income. Because you make profit from gambling today should not be seen as a good reason to see gambling as a source of income, because it is not reliable.

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^

I am sure there are such people, but they are very few and gambling for them is hard work for which they spend a huge amount of time and effort, rather than entertainment or an easy way to make money.

If a person asks a question whether he can make a living through gambling, then he obviously needs to stay away from it because he does not understand the principles of gambling. I would send such people to study everything about gambling first.

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Quote from: Fundamentals Of on August 07, 2022, 09:15:57 PM

Gambling alone? My answer is a straight no. Unless if you have won millions in jackpot prize or hit a big lottery money. But if you are referring to the normal gambling routine in casinos and in betting places, I don't think it could sustain a household. Gambling itself is already an expense so how could you run a household with that? In gambling, it is more normal to lose than win. So how would you buy your family's needs if you have been on a losing streak for days?

Winning at gambling is a matter of luck. So anyone can never run a family depending on its luck. Because there is no guarantee that he or she will win any single game. It's always been said that you should maintain your daily essentials and then you should gamble. That's why one should depend on any work and then sometimes he or she can take it as his/her entertainment. But gambling should never be considered as income source.

You could actually have enough money for half a year or an entire year for your family's needs and also an amount for gambling. With that, you could try living with gambling alone. At least with this setup even if you lose for straight days you can still support your family. Other than this, I mean if you are not working and you don't have money outside whatever you could earn from gambling, it is never possible. You can't be lucky everyday. You can't rely your family's meals on luck.

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Quote from: Oasisman on August 08, 2022, 05:50:38 AM

Quote from: molsewid on August 05, 2022, 05:42:07 PM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

It is possible of course, but then how stable does gambling it could be? Many people wants to settle their family with gambling, but end up to become broke. In my own opinion, it couldn't be we all know that you will experience losses in gsmling as well, soemtimes you will not get anything in return, all you have is the debt because you spend too much and you don't have anything now. Gambling can't be taken as passive income I'm sorry, I still treat it as recreational activty.

Man, seriously who does thinks gambling is a passive income? Gambling won't ever and never considered as passive income.
I've read a post in this section before that talks about gambling as a passive income. I was really confused how do the guy considered gambling as passive income?
Because first things first, you won't get profit without analysing how to win your wager, and that alone is an effort to earn money, that's not considered passive right?
Passive income means, the money works itself to multiply without you exerting some effort.
Like rentals.

This is definitely true or onpoint.Passive means you arent doing something and you still make money which we know that gambling does have that activity or you do need to make out bets which means it does accompanied with action which is already out of the said description.
Running household expenses with gambling? This cant be possible and i dont know on why some people does have that kind of consideration or belief in mind?
Dont make yourself belief or making a fool do believe on things which are definitely not really happening no matter how hard you do try.

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Quote from: Jemzx00 on August 08, 2022, 09:57:29 AM

Unfortunately, just as OP stated, people who has "no JOB and SKILL" so the exemption you've presented doesn't apply on this scenario. Other than having an extremely high luck or probably winning an insanely high jackpot which will be enough to cater all your needs and necessities. I cannot think of any other ways for this to work out especially if you don't have any skills or job that will serve as your backup in case you lose.

I don't believe that there is a person without a skill, no job yes but no skill, I doubt that. As said, the no skill thing is just a leeway because the person is lazy to look for a job. And I wonder, where will OP get his money for gambling activity if he won't work?

Quote from: usekevin on August 08, 2022, 02:37:25 PM

It’s hard actually to run house hold expenses using the winning money from the gambling.Sometimes it may possible,if you play the continues game with the skills.You need to learn more skills on the gambling.It will happen only if you made some huge game.Because game is not just without skills.Even you lose the game,you can earn huge knowledge from that game.

OP's question is impossible in a long run except for some cases where a person got the jackpot and profited huge money.

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It’s hard actually to run house hold expenses using the winning money from the gambling.Sometimes it may possible,if you play the continues game with the skills.You need to learn more skills on the gambling.It will happen only if you made some huge game.Because game is not just without skills.Even you lose the game,you can earn huge knowledge from that game.

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

If you are reliant on gambling strictly to pay for your bills you are looking for trouble. It can certainly supplement a steady income. But if you have a bad string of months you will end up kicked out before you can catch up on bills. Maybe as a stop gap in between jobs but I can't see someone gbling for a profession successfully for very long.

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Quote from: Oshosondy on August 04, 2022, 04:43:33 AM

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Which most often lead to financial losses, and not big wins, as many players believe. Continued your suggestion. Therefore, there can be no talk of covering their expenses with prize money from gambling. Simply, you will not have anything to pay for them. Most likely. In gambling, it is recommended (as well as when investing in crypto) to spend only the money that you don't mind losing.

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Quote from: Oshosondy on August 04, 2022, 04:43:33 AM

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Gambling will not guarantee profits at all times, as most of the time you lose, and some lucky times you win. The reason why a responsible husband or father should have his own stable job so that he can provide all the basic needs of his own family and sustain all the household expenses. Otherwise, if he only depends from gambling alone, his family will certainly suffer from hunger and will only be the reason for a broken marriage later on.

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Quote from: PaulBf1 on August 08, 2022, 10:54:07 AM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Please don't. If you don't have a job then start looking for one, if you don't have a skill then develope one. Don't take this as an excuse to gamble your money away.

Depending on gambling for the basic need is not going to work anyway.
And for the very basic need - a big no - dont depend on gambling for your kitchen supplies. PLease. You might end up starving.

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Please don't. If you don't have a job then start looking for one, if you don't have a skill then develope one. Don't take this as an excuse to gamble your money away.

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Quote from: AbuBhakar on August 08, 2022, 03:13:56 AM

There’s no way this will work because it means you are betting all your house necessities if you are relying all your expenses in gambling.

It is acceptable that most of us can't really do this but I take it into consideration that some can do it like they really are living to gamble, born as gamblers.

Quote from: AbuBhakar on August 08, 2022, 03:13:56 AM

Gambling is never be a source of income nor a charity that gives money. They are business and they are still existed because players are giving them profit in regular basis. So asking if we can rely to business that is main source of income is from players pocket then it will be absurd to even think of it.

If we're going to analyze it deeper, on the other hand, gambling is a source of income for those that are working in the gambling business. But, since it wasn't the thing that OP is asking about and just plainly as a gambler, I agree that it's hard to make it as a source of income.

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Quote from: Jemzx00 on August 08, 2022, 09:57:29 AM

Unfortunately, just as OP stated, people who has "no JOB and SKILL" so the exemption you've presented doesn't apply on this scenario. Other than having an extremely high luck or probably winning an insanely high jackpot which will be enough to cater all your needs and necessities. I cannot think of any other ways for this to work out especially if you don't have any skills or job that will serve as your backup in case you lose.

Unfortunately - you cannot depend on gambling only to run you kitchen.
I our culture - we dont gamble - if we do - we dont mix our hard earned money with gambling money. We keep the gambling money separate. Although at first place we are not allowed to gamble and it is ban in our community.

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Quote from: qwertyup23 on August 08, 2022, 07:00:35 AM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

I very much agree with this.

Gambling as a source of income is not really sustainable for the long term. It could be another stream of income, but it is risky if it will be the main source of income and will be the primary thing a person to rely on to sustain their way of living. Gambling is highly unpredictable. You can win great today and lose big tomorrow. You will never know when is the exact time you will get and accumulate profit that will cover all of your households expenses.

It is true that a person planning to live by with gambling winnings has a high possibility to incur more loans and debts. It isn't really a smart move for me and personally, i wouldn't do it because necessity should be prioritized and shouldn't be mixed with luxurious activity. It could be an additional source of income but not really a good primary source of income to establish your household needs.

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Quote from: qwertyup23 on August 08, 2022, 07:00:35 AM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

The only exception is if you're a gambling operator or a casino dealer, it's still a job and your income comes from your being an employee but playing gambling to sustain your household expenses I don't think it's possible even if you're living alone, you will become a pauper and penniless, so if you want a decent life, get a job and only allocate money for gambling, and enjoy playing don't expect or try hard to win.

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.

When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.

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Quote from: molsewid on August 05, 2022, 05:42:07 PM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

It is possible of course, but then how stable does gambling it could be? Many people wants to settle their family with gambling, but end up to become broke. In my own opinion, it couldn't be we all know that you will experience losses in gsmling as well, soemtimes you will not get anything in return, all you have is the debt because you spend too much and you don't have anything now. Gambling can't be taken as passive income I'm sorry, I still treat it as recreational activty.

Man, seriously who does thinks gambling is a passive income? Gambling won't ever and never considered as passive income.
I've read a post in this section before that talks about gambling as a passive income. I was really confused how do the guy considered gambling as passive income?
Because first things first, you won't get profit without analysing how to win your wager, and that alone is an effort to earn money, that's not considered passive right?
Passive income means, the money works itself to multiply without you exerting some effort.
Like rentals.

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Quote from: passwordnow on August 08, 2022, 03:09:51 AM

If we're talking about "we", well, we know the answer. But if those are professional and great gamblers, this is very easy. I've seen people that have thought of gambling as a good source of living, I'd say that only a few became successful in this field not because they're dedicated but because they know how risky it is to depend on it wholly. I think the beauty here is we can come and go in gambling if we want to. That casually come and go and we're on that part, we win small sometimes but losing big most times.

Are there professionals in gambling really that they can rely on the winnings they get? And the winning is constantly coming in like a monthly or income steady to finance a family and its extensions ... I think gambling is founded on luck. I have known some family where the man is an addict and makes up some winning but at some point the winning ability deminished , today the family is struggling for survival since the betting winning isn't coming again

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There’s no way this will work because it means you are betting all your house necessities if you are relying all your expenses in gambling. Gambling is never be a source of income nor a charity that gives money. They are business and they are still existed because players are giving them profit in regular basis. So asking if we can rely to business that is main source of income is from players pocket then it will be absurd to even think of it.

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If we're talking about "we", well, we know the answer. But if those are professional and great gamblers, this is very easy. I've seen people that have thought of gambling as a good source of living, I'd say that only a few became successful in this field not because they're dedicated but because they know how risky it is to depend on it wholly. I think the beauty here is we can come and go in gambling if we want to. That casually come and go and we're on that part, we win small sometimes but losing big most times.

Fundamentals Of

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Gambling alone? My answer is a straight no. Unless if you have won millions in jackpot prize or hit a big lottery money. But if you are referring to the normal gambling routine in casinos and in betting places, I don't think it could sustain a household. Gambling itself is already an expense so how could you run a household with that? In gambling, it is more normal to lose than win. So how would you buy your family's needs if you have been on a losing streak for days?

lienfaye

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Its hard to win in gambling and often we lose our money, therefore its not a good idea to rely your household expenses through gambling earnings since you cant guarantee to win consistently. Hence forget about gambling and find a real job to sustain your household expenses. Its better to have a stable job rather than relying on gambling. You can still gamble to try your luck but dont assume you can always be lucky and use it to provide for your financial responsibilities. As I have said there's no guarantee.

Peanutswar

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If you are a person who has a lot of money to play and risk gambling it is really possible but if you are just a normal person who earn just for your daily needs and have an extra money for sure you will become more practical person for sure you will use those funds to sustain your daily needs and save some money but if you insist there's a chance that only two option you can sustain your daily needs and win a good profit or lose a month of your daily needs because of risk to play gambling always have a two outcomes.

pawanjain

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Whatever the circumstances may be but I can guarantee that gambling cannot run a household and it can't be done for a living.
Income from gambling is unsustainable and temporary. On top of that if it is done by someone who doesn't have any skill or job then it would be very tough for him to survive.
Anyone can do serving as a waiter at restaurants which doesn't require any major skills.
But still it is considered as a decent job than a person who is not having any job.
So why not do a stable job to run a household rather than utilizing the money on gambling.

Alisha-k

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It's quite an absurd notion to have, op. First question. How regular are your winnings? Second, do you have another source of income that helps keep the rainy day away? If no to these two questions, then I think it's quite unreasonable to depend on the proceeds of gambling to cater for a household.

_act_

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Quote from: Ararbermas on August 05, 2022, 11:12:52 AM

it depends on the status and that's a big mistake decision especially if you don't have an stable income to sustain such kind of way of making profits. . Its a game of luck! And i hope you know about that. aan tbh with you there's no assurance that every time you gamble you can earn from it. IMO better to find new option than this one because its not safe like what you think mate.

Either he has a means to sustain gambling or not, it is not a good decision. Even if he has another source of income, that already defeats the purpose of making gambling to make a provision for his family's financial needs, and that is how it suppose to be. You are right, better to have a source of income, if not having a job yet, is not mandatory to marry compulsorily until you get a job or find something to do than thinking gambling will do it.

crwth

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This is going to be a disaster knowing that you are relying on the food that you are going to eat and the place that you are going to stay with luck and that's not going to end well at all. It's just that easy, you know, what to think. It's hard that you need to be focused on gambling in order to make your ends meet possibly but it's still uncertain. I just don't think it will end well, that's all.

robelneo

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

You have to live alone with no bills to pay if you're going to rely on gambling for all your expenses, your family will hate you for depending on what they are going to eat on luck, it will be a case of will we have food on the table today or not, no one should depend on gambling when it comes to family expenses it will wreak your family, you must first guaranty that there's food in the table and it should not come in gambling, get a job even if it is a small job at least you are not asking if there will be food in the table every time you wake up.

molsewid

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

It is possible of course, but then how stable does gambling it could be? Many people wants to settle their family with gambling, but end up to become broke. In my own opinion, it couldn't be we all know that you will experience losses in gsmling as well, soemtimes you will not get anything in return, all you have is the debt because you spend too much and you don't have anything now. Gambling can't be taken as passive income I'm sorry, I still treat it as recreational activty.

Oshosondy

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Gamble responsibly

Quote from: Issa56 on August 05, 2022, 10:51:14 AM

Some people believe they are professional in gambling, maybe at that moment they are always winning and they will think they can run house expenses with gambling money instead of stressing their self to get a job...

I had once thought like that, but I lost a lot of money. I finally had to stop when I become addicted as I know it is not helping me. Gambling is fun if we do it and not take it as a way of making money, but I realized that after I quit gambling for over a year and after I gamble with just a little amount I know that I can lose.

Quote from: ?? on ??

IMO, it is possible but you cannot rely on it.

Let us make this clear, it is not possible, it will create a bad mindset that may ruin the person.

Finestream

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Even if you are pro in gambling, a responsible man should not solely depend on gambling as a means of living. Gambling has no guarantees to make you profitable all the time and feed your family. If you lose, you will leave your family empty stomach and resort into hunger. That is the reason why everyone should have a stable job or a source of living instead, as gambling is only made for pure fun and entertainment.

Ararbermas

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

it depends on the status and that's a big mistake decision especially if you don't have an stable income to sustain such kind of way of making profits. . Its a game of luck! And i hope you know about that. aan tbh with you there's no assurance that every time you gamble you can earn from it. IMO better to find new option than this one because its not safe like what you think mate.

Issa56

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That is why it isn't advisable to use gambling as the main source of income for those who are not popular on social media. Even using the hard-earned money that is allocated to the households shouldn't be used because it will only bring a financial problem to the family. We should implement that we can only use money that is free of allocation to use in gambling activities.

Some people believe they are professional in gambling, maybe at that moment they are always winning and they will think they can run house expenses with gambling money instead of stressing their self to get a job, but they don't know the win might just be temporary and time might come when their won't be win again and they will start losing, if you start losing where will you get money to run the expense? We shouldn't just depend on gambling money, just get a job and make gambling your side hustle.

Zlantann

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Making gambling your only source of income is not only bad but disastrous. It is not possible that you would always, this means that you would not have a stable income. For me that have a family, my household would starve to death if mother luck doesn't smile at me for one week. My wife would immediately seek for divorce because I am no longer providing. The best way to gamble is to see it as entertainment and use only your extra funds to engage in it. in fact you should be employed to gamble, it not you would either borrow or steal to gamble. I have never seen anyone that has informed me that his profession is gambling.

traderethereum

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Maybe some people can run their household expenses by gambling but I think it will be risky because, by gambling, we will never know when we will have money.
If those people just gamble, I don't think they need to have skills or jobs because they need money to keep gambling.
The next question is, how can they have money to gamble if they don't have a job or have skills that can help them to make money?
I don't know if there are people like you because playing gambling means we have to be prepared to lose our money.

SirLancelot

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

You mean if we can use the money that is intended for our household in gambling? But why will you do that? Every money that a person have should be divided first to the things that he mainly needs and this includes household expenses so my answer is no.

You can say that what if you got lucky and win but that moment is rare because in gambling our chance to win is only slim but gambling is effective to give us a short enjoyment, rush or a dopamine, if only that is what you want but there is also no need to use more money on it so that no hard feelings are going to be experienced later on, once we are done and lose all our balances. I don't think there is a person with no skill but there are still jobs out there which requires no skill at all. Better work your ass of them to earn.

Davidvictorson

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

This is a hard question to ask. The reason is that we may not know but it may be possible that there are experienced gamblers out there who may have mastered the system and win most of the time. Even going further to become professional punters and make money teaching others. However, it is only a small percentage. I have once lived on my gambling winnings for a week. That was as far as the money I won could sustain me. One of the advantages was that I lived alone and also during this period, I had to trim my expenses down to purchasing only was what really essential.

Nrcewker

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Let me tell you the basic definition of gambling. Gambling is a type of investment where you place bets on games where the risk is high and the returns are also high.
If you and your family can take this risk to survive, then definitely you can try gambling to purchase your daily necessities.
I would rather suggest you to do trading, that’s a less riskier method though not recommended. Anyways there are also some work which doesn’t require perfect skills. You can wash car for someone, babysit someone, or work as a waiter, these are good source of income to run a family.

aioc

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I don't think I can do that or will even try that, I just can't imagine that when rolling the dice I am praying and wishing that the dice will roll in my favor because if not there will no food on my table for lunch or dinner or I cannot pay for bills, my family will curse me if the money I'm holding will just go to gambling in the hope that I win.
I still maintain that money that you will use to gamble is excess money, there is no exception to this rule.

nullama

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Well, it is possible, yet highly unlikely. Specially these days.

David Walsh is an Australian professional gambler that made a fortune back in the day gambling all around the world.

Here's his story: https://www.championbets.com.au/mega-punters/david-walsh-8-lessons-punting/

And here are the 8 lessons:

Quote from: https://www.championbets.com.au/mega-punters/david-walsh-8-lessons-punting/

The wisdom of crowds is very real
Recent trends are over-bet
Longshots are poor value
Weight is overrated
It’s not about picking winners
You must avoid ruin
Pokies are poison
Luck plays an enormous role for the ultra-successful

judeafante

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

In the first where are you going to get the money t play if you don't have a job or skill and even if you have money no way you're going to make a profit and run your expenses in gambling, I have not seen anyone doing that unless you are a casino operator or promoter and do not gamble you can still be part of gambling but playing to make a profit for the household expense that won't do and it's not possible.

bitbollo

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In gambling you need a lot of skills.
Just in these days I happened to read a question on quora that reminded about the best gamblers that exist,
https://www.quora.com/If-gambling-is-all-probability-why-arent-mathematicians-the-richest-people
who manage to carry out this activity on a professional level, are precisely mathematicians.

If you don't have these skills or qualities you basically base everything on luck.
Logically (a sort of Occam's razor) if it were so easy for a player to win or vice versa if it was so easy for a casino to lose... would there be all this offer on the market Grin

?

BitcoinPanther

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

It is possible but it is hard and not advisable. You might experience a time when you have lost in your gambling activities and needs to ask someone to borrow money just to pay fo your your households expenses. Since gambling result is not fixed to winning and majority of your bet will be a loss then it is better to find a job that can be used as source of your income.

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

I am asking for those people who don't have any skill or job ?

No people don't have skills. that person is just too lazy to show his skill to everyone, let alone to find himself a job.

GiftedMAN

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job.

Your question is self-explanatory, I will not advise anyone to depend solely on gambling because you may be disappointed along the line when you lose in your bet and if you channel all your funds to gambling you will become so frustrated with gambling. For the question you are asking, yeah, you can run your household expenses with gambling when you believe you have the winning strategies and luck is always smiling on your side but funny enough in gambling, the reverse is always the case because most times we lose funds more than we will win and running your household expenditures can only be possible if you win always.

dunfida

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Quote from: ?? on ??

Quote from: Issa56 on August 04, 2022, 03:06:32 PM

The ideal of running household expenses with gambling is really bad, gambling is not really guaranteed, your winning is not really assured, what if you keep on losing in gambling and you are having lot's of things to take care of how are you going to make money to do that, I believe nobody should rely on only gambling because you making money is not assured. The best thing is to get a job then you can still gamble and make extra cash.

That is why it isn't advisable to use gambling as the main source of income for those who are not popular on social media. Even using the hard-earned money that is allocated to the households shouldn't be used because it will only bring a financial problem to the family. We should implement that we can only use money that is free of allocation to use in gambling activities.

Its a suicide thing i would say and never been a wise move to be done on which making gambling to be an earning to run off your household expense? You would surely be fucked up and living on a miserable life

or kind of living because it cant really be just possible that you would able to sustain yourself and make a living with it because it cant really be just possible.Its better to make yourself mindful

on finding a day stable job and would avoid gambling as much as you can.On this way you would be definitely be working hard and wont be ending up on getting addicted
with gambling and messing everything up.

Gozie51

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That can only happen when there is winning and that doesn't come all the time. So this will be difficult to do, gambling is what it is, it is a thing or game of luck and running a home properly doesn't require or should not be relied on what is based on luck. Running the home is a serious matter and not what something like gambling can handle.

Quidat

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Quote from: Rieeir on August 04, 2022, 07:52:51 AM

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

You live in some kind of pink fantasies, apparently. You should understand before you quit your main job for gambling - very few people REALLY win such large sums that they can live in peace for the rest of their lives, not work anywhere and not deny themselves anything. Gambling is not a stable source of income, and everyone who claims otherwise is lying. This is, first of all, a hobby, a challenge for a cold reason, and self-control skills. Nothing else.

Even so, there are people who do make gambling as a source of income and only into those people who do have good sports betting history which they could really sustain that out
Same goes into other strategic games like poker and other ones which could make it possible if you do really have that skill but of course not all would able to attain such condition
and it does really sounds impossible,Right?

Never consider gambling as a source of income because this is particular making things even more worst considering the odds and chances for you to win which isnt
something guaranteed or something could attain easily.It all matters with luck..

crzy

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Your life will be more miserable if you depend too much in gambling, so the answer here is NO.
Gambling is not a good source of money, because you only win here by luck and you can’t always win everyday which means it can’t support your expenses and too risky for you. Skills can be earn same thing with the job, go for this option instead of doing gambling, this can help you pay your day to day expenses.

goaldigger

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

You can have that skills but it will still not work in gambling and its too risky to depend your daily expenses on a things that doesn’t guarantee anything.

Gambling is not meant for this, only rich gamblers can afford not to work and rely on gambling but if you are living on a paycheck to paycheck, I suggest not to gamble at all. Your daily expenses requires a stable income, and that is not what gambling can give to you. Look for other good source of money, at least start working for that.

iv4n

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Income... income can come from some skill or a job, or it can come from something else (legal/illegal), but without income don't even think about spending money you have on gambling! It's a disaster in advance... sooner or later!

For gambling, you need a bankroll for gambling and other sources of income, that can fill the loopholes from time to time! It's gambling, you can't count that you will win all the time whatever game you choose to play! So if you don't have enough for "household expenses" don't even think about gambling and making some money in the long run! Gamble responsible and good luck!

Hydrogen

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Are people familiar with the term insider trading? Where industry insiders know ahead of time which announcements will be made. And invest to profit from the inside information.

There is a similar insider gambling trend that is real. Coaches. Athletic trainers. Athletes. Industry insiders. People who know people. They have access to inside information that is valuable in gambling, that the general public does not have.

One example of inside gambling was when Francis Ngannou fought Ciryl Gane. Industry insiders knew Ngannou went into that fight with a knee injury. Which is why the betting line was slanted in Ciryl Gane's favor. Ngannou won the fight, despite his injury. Which goes to show insider gambling isn't always profitable.

Another example of inside gambling was when Amanda Nunes fought Julianna Pena the 1st time. Lots of industry people came out and predicted Pena would win the fight. Due to inside information about Nunes being in a poor state of preparation leading into it.

There are definitely consistent winners in gambling. Having inside sources might help.

Issa56

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The ideal of running household expenses with gambling is really bad, gambling is not really guaranteed, your winning is not really assured, what if you keep on losing in gambling and you are having lot's of things to take care of how are you going to make money to do that, I believe nobody should rely on only gambling because you making money is not assured. The best thing is to get a job then you can still gamble and make extra cash.

Cling18

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You can win in gambling mostly by luck so how are you going to sustain your household necessities and expenses if you won't get lucky all the time? It will be wiser if you have your permanent job and have gambling as your past time because you can't have it as your main source of income because of its risk. There's a chance that you can lose all of your funds so it's not advisable to expect income from it.

dataispower

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

From my understanding into gambling, gambling is not a show way of making constant flow of money because it is a game of prediction and a game of luck not everybody who play a game win a game so the possibility of maintaining household or spending in a household with the gambling I think it will not to be a constant something and it cannot work for one year or two years. Because the way I am seeing gambling nobody will tell me that they do gambling every time if any person inform you that I think is a capital Iies. Gambling is not what somebody Caroline on it capital or it's funds

Franctoshi

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Totally I'm not encouraging that for someone without a job or skill depending on gambling to run house hold expenses no! no!, infact the only way you could succeed and be able to run your house hold expenses successfully with gambling is if only you're a professional gambler that knows what your doing , if not you will get recked on the process and can even lead you to more worsening condition than you find yourself. I advice you find other ways to take care of your family rather than gambling.

Rieeir

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

You live in some kind of pink fantasies, apparently. You should understand before you quit your main job for gambling - very few people REALLY win such large sums that they can live in peace for the rest of their lives, not work anywhere and not deny themselves anything. Gambling is not a stable source of income, and everyone who claims otherwise is lying. This is, first of all, a hobby, a challenge for a cold reason, and self-control skills. Nothing else.

Rruchi man

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

Unless you have decided to live constantly with high blood pressure that comes with thinking of how to meet up with your expenses through an unreliable means such as gambling. In my opinion I will advise you against such that is making a dependence on gambling as it could lead to desperation and depression that may provoke suicidal thoughts associated with not being able to meet up with one's duties. Gambling is not a steady source of income and should never be considered as one, if you mist make money from gambling or you want to turn it into a source of income, get an operational license from a sports betting or gambling casino if possible and run your own branch with their name.

bitzizzix

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Gambling using household expenses in my opinion is a very stupid act, even more so than an addict, because there are still many addicts or active gamblers who prioritize household needs, the rest is used for gambling.
Would you like to see your family starve or suffer if you lose everything?
Such gamblers are more stupid than stupid gamblers, gambling is not a good way to make or double money because most gamblers will accept more lose than win.

yazher

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

I've never seen such a thing exist because most of the time when someone is gambler inside the home, he won't tell his families about it. I don't know in some parts of the world if they have such a culture but things like this are blameworthy and no one really gonna give it a try because imagine if they lose the money for their essential needs, who would they blame? of course they will turn against each other until they can no longer live with each other. It's not every day for you someday are against you and this is why you need to refrain from such kind of thing because the ending is not good no matter how you look at it.

Jating

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

Possible, it is not an assurance, so this is an idiotic idea. I don't think there is some successful gambler here who do this right? Because we all know that this is not the right thing to do. We should get us a 9-5 job to bring food in the table and then have some money for our living expenses.

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

I am asking for those people who don't have any skill or job ?

Then look for one. Plan, save, anticipate. Do not pin one's hope to gambling.

btc_angela

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

That is the worst idea mate, household expense is like everyday and maybe every two weeks or a month. So how can you sustain it if you solely rely on gambling? It will not work in my opinion as obviously gambling is risk and it is not 100% guarantee that you can have money in the time frame that I have describe. Better get a job, a decent one, a regular job so that you can pay all the expenses without having issues and then if you have still some extra money then you can either save it (good advise), or if you are a casual gambler, then play with it. At least you will not have any problems at the end with those expenses piles up.

acroman08

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

perhaps if you won a life-changing jackpot then yeah, but if not, then, no. even professional gamblers have jobs that would support their daily expenses. only a moron would try to live through gambling.

Quote from: Zarfund on August 04, 2022, 04:17:25 AM

I am asking for those people who don't have any skill or job ?

sooner or later they'll need to find a job or acquire a skill if they want to support themselves, fully relying on gambling is a disaster waiting to happen.

Maus0728

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Bruh! If people depend their expenses on some form of luck -- they probably need an immediate checking. Plus, saying that you don't have a skill in any niche is just an excuse.

But seriously, how can someone gamble when in the first place they do not have a job? i mean the risk obviously outweighs the reward.

_act_

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Quote from: ?? on ??

I believe only less than 0.001% gamblers who actually running household expenses with gambling since they're a professional gamblers who studied one particular game for long time enough.

There's no way for ordinary gamblers who only bet on their favorited club/player or playing slots, since they're not professional and house edge will always on house side. I think you're not an experienced gambler, so I will say it's impossible to run household expense with gambling.

If that is true, that means some people out of the 0.001x gamblers that have money before will be declared gone poor after being rich before. There can be professional gamblings but they should not depend on gambling for family expenses.

Everybody are ordinary, only betting companies are the ones that are making the money, not gamblers. Gamblers that make most money are not even gambling often, but if they start to be gambling often, they will start losing.

Oasisman

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Ohh you mean professional gamblers? Those who's earning to do gambling activities?
Or those people who owns a small gambling space?
I believe if you own one, it is very much possible that you can earn enough for your daily necessities.
However, if you do gambling to sustain your daily needs, 99% of the time it will never work. You'll definitely end up broke. Proven and tested. There are only rare people who can do this and they're not actually asking if this works, coz they it would work for them.

NeuroticFish

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Quote from: Zarfund on August 04, 2022, 04:17:25 AM

Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

You've completely misunderstood what gambling means.
You've read this or that and thought you've found the goose with golden eggs. No, you didn't. Most of those writing earning scenarios want you to play under their ref link so they can earn.

So, if you have some money you want to throw in and try your luck now and then, that's perfectly fine. That's gambling.
If you want to earn by gambling you can easily lose money you didn't afford to lose and get into troubles/drama. That's a big no.

madnessteat

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Quote from: Oshosondy on August 04, 2022, 04:43:33 AM

^

That's right. Gambling is entertainment and to expect that you can constantly win and live on this money is a delusion. I don't even understand where people get that idea from. There are a huge number of articles on the Internet about the probability of winning a game why do some people think they can cheat the mathematical expectation I do not understand.

Oshosondy

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Gamble responsibly

Running household expenses with gambling? That should be considered foolish. Gambling should not be taken as a means of earning money, you have to depend on job or personal work. When things are not in order, the family may later be in finance problem and likely the the marriage can break up after not being a good father.

To be a good spouse and father, get yourself a job or have something that is not risky that you are doing, gambling should just be taken for fun and entertainment.

Zarfund

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Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?

Topic: Running household expenses with gambling (Read 747 times)