Topic: Success or Fail? - Talking about Gambling as a major income - page 12. (Read 6835 times)

You are very lucky if you get regular stable income from gambling. I would like to know from you since you are getting regular income do you participate in betting with sports sites or any slot games, dice etc? I have also participated in betting with sports sites and I have never lost a bet. Even if I do not lose the bet, I cannot accept this gambling as a stable income because at any time I can lose all the money I have earned. How can I consider this gambling money stable if I am afraid of losing?

I do not agree with you on this, if you have got the knowledge well enough and you understand what you are doing in futures trading them I'm sure you definitely will not think of it as gamble, it only turns out gamble when you are not sure of that which you are doing and you are dependent on lucky to win your trade.

In futures trading we understand that the volatility there is very high hence it could possibly get you to profit quickly and can also liqudate you almost immediately aswell but what gives you an edge in the market is your skill and risk management where you predetermine your risk even before you get on any trade buy with gambling you don't need all they much to het on a stake and probably turn out lucky to win so they are both different things but your approach is what makes it looks similar.

I hope you really understand the ending part of your post because you just made a classification of business to be the same with gambling in terms of not being able to give steady income and make someone rich. Business and gambling are not the same,. because business is a very certain way to get steady income and many people have made it through it and not gambling. Of course every other thing we do in life to get to live financially about from employment and other jobs is business and not gambling.

I think that you never can return money, that you spent in some way. In gambling, may be in trading to, you exchange your money for emotion - it`s fair deal.
But i can`t agree that it is impossible to become rich or to get stable income - the professional poker players at least. And i`m getting stable income from gambling, not big, but regularly.

Futures trading and gambling are completely similar. Just as money lost in futures trading cannot be recovered, money lost betting on gambling platforms cannot be recovered. But in this case I will not involve spot trading because spot trading is completely different from futures trading. Even if you lose by spot trading, there is a possibility of recovery later. Here one can never imagine permanent income in business and gambling because business and gambling can never bring permanent income and make a person rich.

Yes, with the increase in the gambling industry and many crypto casinos have been launched and can become popular among fiat casinos, it has made it easier for gamblers to gamble in many casinos. In fact, they can gamble without anyone knowing that they are gambling and they can also gamble using crypto. And that makes many people feel that they can use gambling as a place to make money, while they also know that gambling can cause them to lose money. But that still doesn't stop them from gambling because they want to win some money.

Gamblers should be able to think that they will definitely have difficulty making money from gambling, let alone making gambling a source of income and will actually lose a lot in their efforts to make money. They will only get bankrupt and lose all their money if they continue to force themselves to keep gambling and there is a possibility that they could become addicted to gambling. This can increase the number of gambling addicts who cannot stop their gambling activities because they think that the situation for finding work has become increasingly difficult. They cannot compete with other people who have better skills and abilities than them. Meanwhile, they see gambling as a medium to make money so they decide to make money from gambling.

But they should be able to realize that what they think is wrong and inappropriate because gambling is not a place to make money, let alone be used as a source of income. They have to keep trying to find other places to make money and not from gambling. Just by looking for other, more promising places to make money, they have to keep doing it because, with effort and intention, they can definitely get a source of income.

Nowadays the development of the gambling industry is so rapid and almost all gamblers have entered the online gambling industry based on fiat and crypto and there no one can see other people bets, except those who bet in betting shops may be able to see the slips of other gamblers.
Moreover, I sure those gamblers or bettors who are truly professional and can have really good predictions will always bet anonymously or use online gambling sites as place for them to place every bet.
There is also belief about not showing bets to other people because it will bring bad luck and from this it can be concluded that copying other people bets will be very difficult.

If gambler is too confident and ambitious in making profit or making gambling source of income then they will be broken by their own beliefs and ambitions because gambling is not place to enrich themselves.
Moreover, no matter how much effort they make in making gambling source of income, it will actually become way for them to experience ruin and bankruptcy, incidents like this have happened lot.

So, having the thought and approach of gambling as means of having fun is the thought of great gamblers and there are still very few gamblers who have thoughts like this.
And by having the right approach, gamblers can accept all the consequences of gambling, whether it is defeat or victory, so that they will not feel loss and regret if they experience defeat.

What you said is the real understanding and facts, gambling is not created to feed the gamblers for free and it is the opposite that the purpose of the establishment of the casino is to earn, or the point is that the bookie created the casino to benefit themselves through some stupid gamblers who cannot apply self-control and always carry the assumption that they can earn in the gambling they do.

Yes that's right, and I'd say it's not a real win if you can't quit the activity once you've won or at least go out and enjoy it and leave a little for the next session if you can't quit gambling completely, But it's not easy and most gamblers prefer to continue gambling because they put too much hope for bigger wins when in reality it's just an illusion that comes out of belief and hope without certainty or just an indication, the chances of winning in gambling will always be there but to make sure whether you can take advantage of the opportunity to leave immediately when you win it all comes back to yourself.

The main secret is patience and money management. The odd higher than 2, small leagues. Sometimes i use predictions from several groups, sometimes, i analyze matches myself. I`m sure that it is possible get about $1000 per month but you have to be ready wait up 3-5 times per night, use alarms per day, always be ready to bet. It becomes your job. But anyway it is impossible get $1000 every month. Sometimes it can be $2000, but sometimes the result can be about zero.
Today i bet when i have free time, so i have small profit, but i stable have more than $100 per month.

Beats me that most gamblers haven't come to the realization of this fact. I've seen people who leave their house in the morning for a casino, and they gamble till night and then return back to their houses just to repeat the same procedure the next day and the day after, some people when the person next to them makes a huge win, they draw some sort of  enthusiasm from that winning and then start gambling harder just so they can also make the same win, forgetting that gambling isn't like that.

If you have figured out how to get some stable profit from gambling(sports betting as far as I understand), that's quite an achievement, let me tell you that. Most gamblers are far from this level. That's why it's the best option for them to treat gambling as entertainment only and never try to make it a major income. What's your secret, or do you think you are just lucky still?

Yeah, it is so. Both of it seriously depends on luck. And in gambling trying to get big prize often makes you to make mistakes. Sometimes i try really big odds with small chances to get emotions, but mostly i bet small sums with medium odds, after analyze. It allows me get some stable profit.

I just want to tell you that those who seemingly understand it they lose a lot on their trading often. The only case when they are insured against a big loss is when they are not trying to make a big profit. Same as with gambling, basically. I mean. trading is closer to gambling than any really skill-based job like coding.

May be you`re right. But in sport betting i can analyze the match, i understand what the statistics means, when i watch the match - i see what team is winning. In the trading i don`t understand anything - i just see strange charts, but someone see strange figures in it. May be the trading is possible for analyze, but i can`t understand it - i tried several times, i read several books without any result.

There may be those who try to copy other people's bets after they see that person win, and they also want to feel the win. They really depend on people winning so they will try bettors who can win in many games. However, they may have difficulty finding the bettors because they have to monitor the bets they make. Especially if he is aiming for a big win, he also has to place a large bet too. But if he doesn't have analytical skills and only depends on other bettors, he may not be able to improve his analytical skills.

Yes, we will find it difficult to make gambling a source of income because many people have tried it but most of them can't get it. They actually lose more and more because many of them also lose control of themselves while betting. This is why we have to know the risks of gambling. We need to manage the risks so that they don't become big.

Gamblers who realize that gambling is not a source of income will not do so but will only use gambling as entertainment. They are better off looking for sources of income from other places so they can actually make money. They will only gamble if they really have free time because the purpose of gambling is just to have fun. No gambler can win in a row, but many gamblers experience losing streaks, so we should be more careful when gambling and control ourselves when gambling.

Yes, different bet amounts will give different wins. And if he copies bettors who don't have good analytical skills, he can experience losses but it depends on how big the bet he placed. But when he loses and wants to recover from that loss, he may need to think for a moment whether it is worth doing or he needs to accept his loss because it was his mistake just to copy someone else's bet. He needs to realize that copying bets is fine but he needs to have the skills to analyze the game so that he doesn't pin his hopes of winning on other bettors.

But failing couple of times is nothing. You know it, if you do sports betting on a regular basis. Fails happen, right? No one is winning all the time. I'm not saying you should do more trading. If you like sports betting then do what you like. I just want to say that a few unsuccessful tries don't imply you are bad at trading.


And you are right, in my opinion. These so called "traders" not much different from gamblers in many cases. Trading, like gambling, shouldn't be your major income.

Trading and gambling indeed share some similarities. The most similar one I suppose is taking the risk using your skills and knowledge to have the upper hand in winning and profiting. Both have their mix of luck as well. You should be updated from the current market trends in trading and in gambling, you should be updated about the current information that will be relevant to making your bets. Although gambling is really meant to be for fun, and trading can be perceived as such as well, but it's more on money making side. Only of course if you are skilled enough to make successful trades in crypto each day.

I've known some people who made trading as their full time job as well as gambling as their main source of income. But for me, it's still much better to have a more stable one. So that when things no longer work like they used to, you'll have a back up plan to pick you up.

It is impossible to win every bet. The gambling anyway depends on luck. Even if your analyze really good - the main player can break a leg during the match(for example). I can get some profit per month, but i can`t say something like "every month i get $1000 from gambling". I think that i can get such money from gambling, but i need to fire from my main job but i get more money on it.


Maybe someone can predict the result in cryptocurrency trading, I don`t know. I can say only that i don`t understand trading and don`t believe that someone can trade with profit for several months at least. I tried to copy signals and failed, so i don`t repeat it. If i can predict some football match - i can try to get some money from it. If i don`t understand how to trade - i don`t want even to try.

Trading is very similar to gambling, I agree with you on that. Especially if we compare trading with sports betting. That's why trading too shouldn't be a major income for some people. I personally know a guy whose "job" is to trade crypto currencies. Luckily for him his wife is very wealthy, and it's nothing for then that he loses several thousand USD each year with his "job". If you ask me, this guy would better be trading for fun.

You notice it right even you can copy the actual bet but the size of the amount that will one of the factors where the owner of the pick would be different, plus those live games that he might take after placing the early bets, some of those gamblers always have time to watch and bet during the live game, knowing that there's chances that they need to adjust and they need to try recovering the possible loses that they will have to encounter.