Topic: Success or Fail? - Talking about Gambling as a major income - page 19. (Read 6781 times)

Sometimes we really need experience to be able to realize something important or valuable in every activity we do especially in gambling because when we think about getting income from gambling we indirectly risk most of the money we have and in the end everything is lost bet after bet leaving us with losses and when we have reached the lowest point in our losses we naturally realize that the risks of gambling are too great if we want to use it as a source of income and prefer to use gambling as a place to have fun.

I agree with the input you gave because betting can give us satisfaction so that when the team or sporting event that we like can produce results as expected then it is not only satisfaction but also pleasure that we will definitely feel.
Betting and watching the progress of a match that we like and then winning is extraordinary happiness.

How is he doing today? I mean, poker depends a lot on skills but luck is still involved. Liv Boeree set a good example. She has amassed around $4 million in live tournament earnings during her poker career, but today she is referred to as a "former professional poker player". She started playing poker in 2005 and she decided to drop it in late 2019. I think it was a smart move. She didn't give Luck a chance to rob her of her winnings.

Yes, at least that's what some gamblers out there say. Unfortunately, only a few of them can make gambling their main source of income, while others fail halfway. It's normal if they win and then show the winning money to many people, but if they lose, they will hide their loss and don't want to show it to anyone. And it's true. The house always wins a lot of money because they own the gambling business, not the gamblers. Only a handful of gamblers can win a lot.

And that's why it's better to use gambling as a form of entertainment, and we don't gamble too often so we can reduce the number of losses we get. That way, we can still get pleasure from gambling and control how we use our money. And it's better to look for other sources of income that we can use as our main source of income.

Such kind of mindsets needs to be acquire especially by those newbies who are still living in a dream that once luck permits they will be able to change their lifestyle instantly, it's more on how you deal with taking care of your financial capability, the more you understand the risk the better you can asses in terms of depositing your money.

On your side, it's good that you realize gambling should be taken as a place for entertainment and not a venue to secure and generate income.

Only the owner of gambling house or betting site are the ones that would really be getting that income since this is a business which is really indeed profitable for those owners which we know that gamblers are the ones who had been milked out for their own benefit but eventually we arent that forced to play and its basing on our choice whether we would be playing or not. We do have that free will on doing so and its really that impossible on beating up the house or becoming that profitable in gambling. I dont know on what up into their minds on thinking that they could be able to make income or making it as a living about gambling.
It cant really be just that possible unless if you are the owner and this is something that you should bare in mind.

Success or fail? You would definitely fail unless if you are a good sports bettor or poker player and having those skills which ends up on being profitable then there's a chance
but its not a guarantee because we know on how gambling works.

After I realized that I was not going to make a living gambling professionally, I started to perceive gambling as a means of entertainment. I think everyone understands this easily after a few small experiences. But those who listen to the wrong inner voice are under the mistaken impression that they can push the limits professionally. Pick a sporting event and bet with an amount of money that doesn't push your limits. You will watch a more enjoyable competition than in normal competitions. It's as simple as that. Winning is important, of course, but it's secondary. Gambling only helps to have a little more fun. It can never be an income model.

How noble it sounds: "gambling as a main source of income."


When they win, they show their wads of cash, deliberately ignoring the numerous losses that emptied their pockets. I've seen such so-called pros before. Even in the few skill-based games that are played, the house always win. They aren't a safe way to make money

If you gamble for fun, with money you can afford to lose, that's one thing. Getting fooled into thinking that every deck of cards or roll of the dice is a paycheck is a whole different thing. Big picture, most people will find that their wallets are lighter and their worries ae heavier. Hey, you do you.

No one has a different view, everyone thinks the same as you, I agree that gambling should not be used as the main income because that is what many gamblers actually have to realize, on average, most people who consider gambling as the main income are beginners who don't know what it's like to lose. and lose a lot of money in gambling, because for experienced gamblers it will be different again.

After several years of gambling, I have considered gambling to be just a place to have fun, so I no longer think that it is a place that can make me rich. If you want to be rich, you should do business, not gamble, because not many people are rich and successful because of gambling, if there is, maybe only a small part, no more than 1% of all active gamblers in this world. 

But still, even though gambling is legalized in some countries, but basically gambling cannot be used as the main income. Indeed, maybe we have different views but as a gambler, gambling should not be the main income. Unlike the developers of the gambling itself, although they work in the gambling circle, but the fact is that the house always wins. So, in cases like this of course, there are differences but the point is, making gambling as the main income is not the right way to do it.

Yes, those are two different things. People who use gambling as their main source of income will find it difficult to earn money because they will experience losses, which may be more than the wins they get. They will probably spend more money than people who only use gambling as a way to have fun. Those who want to make money from gambling have the possibility of experiencing a gambling addiction if they cannot limit their gambling, especially if they often experience losing money. Maybe people who use their skills to gamble can make money, but only a few can, while others will still lose their money. So we must understand that gambling is not a main source of income but a means to have fun using money.

People who uses gambling as their source of money to people who gambling as addiction I see them differently, cause for sure those people who gambling for as their income could control and manage themselves, has their own way to limit losses and increase the chances of profits though gambling is literally based on luck but if you use your skills and techniques you could literally won like in the poker. As for the people who's addicted in gambling, their only aim is to win, not really thinking of the risk and worse situation might happen. Cause if you're only aiming for win for sure you wouldn't notice losses and also what you're staking such as properties, body , debt or even death.

If we talk about those level of addictions there has been cases of suicide,people who have given their wife as a consolation prize when they have lost excessively and had nothing to pay that money that was borrowed.This fortunately are very isolated cases and rarely people do these anymore,it means people are generally more responsible nowadays and they don't do reckless things.

Still when you excessively borrow money it is a clear indication that things are not good at all for you as a person and that only should make you think that you are not doing the right thing,however there is this possibility that when you are used to something it does not impress you anymore and as such you go and keep borrowing which is a bad thing.

Still depends from the person itself, if addiction already penetrated inside you and your engagements is by far the next thing that can happen is for you to do something that might not be appropriate or unusual things that may lead you to either borrowing excessively or to the point that you may do something illegally.

Such kind of things that can be the after-effect of heavy gamings which push you to too much engagements and heavy addictions.

There are penalties for those that make wrong predictions on gambling, at the end of the day, they record losses. Gambling is banned in some countries and yet, the citizens have provided another means of wagering on games without the knowledge of the government, the common man always keen on surfing out new ways to br able to earn from the gambling system. While in some countries, gambling is legalized, giving more freedom to the citizens to be able to bets without any challenges, rather they boosts most of their earnings and stream of incomes from gambling.

Well in general terms when a Business helps the sustainable development of a Country it Could be considered something very good , it is Clear that because we do not Think about always having a better economy, we could make a Break , the caisnos can be very profitable and Necessary for a Government because the government can impose taxes so that the same country can do something in its infrastructure and can have more development, so when this happens it is Something that pleases, and also that the government can be Consistent with what it can promise, when there is income from this evil guy that is very high, and this income in Exchange for the Business doing well , Because Things can be equipped so that things go well, in this order of ideas one can say that a caisno and everything business that is established in a Country that Supports as long as its Government is legal and consistent with what it wants to see grow in its Own country , this depends on many factors, obviously what depends most is being a country where its politicians are really good at Building something good, as his people Deserve.

Now , for the particular economy of some Players , things can be different ways, some who can be very wealthy, can play in the casino without any problem and if they lose or win there is no problem, that is, if they lose more than that they earn, for those people it does not affect them, I believe that every person in a country there are always many who are low-income and those who are low-income will always look for a casino out of necessity to see if they can earn so this is something that can vary In many ways, for the pensioner who has few Resources , he will look for the casino just to Win , sometimes not even to have fun but to try his luck to see if he can go out or have a little more money, what is clear is that the current objectives are not lops reaches because obviously he loses and things can get difficult, like Everywhere , Everything depends on that too.

It is so. We have to study how to use the money clever. In business we have to spend lots of time and work hard to see the result and in gambling everything is fast. But we have to remember that it is true both for wins and loses.


I talked about sport bets. But when you said about poker i remembered one familiar person who teached me to play poker. It was about 10-12 years ago and i don`t know how it is today but that time he got big money from online poker.

Yeah I more than agree with you here. You only emphasize my point: business is more more often then nit is like gambling. Especially for people that don't have much money and they they invest everything in their new business. If you have many millions and you invest a million in one business and another million in another, it's one thing. But if you invest all you have ...  



It's interesting. Are they making sports bets or playing poker? Because I don't think it's possible to make a living through anything else in gambling.

Even human trafficking was connected to the gambling site in PH. It seems like that the regulators in PH will be even stricter to any gambling platforms that ran on its country. I think that people should take gambling personally as it only involves their own personality to gamble and take the risk..
I saw that if PH has become a few countries who have been legalizing gambling while the majority are still seeing it as a red area for their civilians.
https://www.voanews.com/a/philippine-lawmakers-target-online-casino-operators-in-bid-to-crackdown-on-human-trafficking/7116799.html
The human trafficking seems also become a problem that is strongly connected to the gambling platform in PH. I hope the regulator will prevent it as there have been many victims.
Even though gambling already legalized in PH but people could no take it as a way to earn major income.

Yes, in my country, gambling has been legalized from a very long time ago because it has primarily supported our economy to grow. There has been laws which supports its legalization, and as far as I know, people with ages of 21 and up are only allowed to engage in casinos. Just like what you've mentioned, there is of course a drawbacks from it that's why penalties has been developed. But even though we have laws, addiction and debt cannot be avoided because its still depends on the person who engage in gambling.