Topic: Success or Fail? - Talking about Gambling as a major income - page 27. (Read 6781 times)

That is right. In the context of the topic we are discussing, what is considered is the money that is used to gamble.
Then we can say that it is not a success to have gambling as your major source of income, no matter how professional the gambler is.
I have seen people who has found how to win regularly, even if they lose but their overall wins are greater than  losses.
If at that the person should find other ways to earn. Maybe something more legitimate that you can tell people is your occupation.
No one will happily announce that gambling is their occupation.

Well, we cannot deny that when it comes to casinos and players, they will always be done so that the players have that hope of always winning, even though it is something that is not guaranteed, because everything depends on luck, because you have to have clear something, we have the option of always stopping when things go against us, this is like trading, you can stop when you need to stop losses, not give long losses because that is to continue losing money, so I don't know may falter in that regard.

We as players know that when we enter a casino, our thought should be how much money we are willing to lose, because most of the time, people or the majority of people who go to a casino can only imagine the amount of money that they have and the amount is multiplied, and this is a mistake that most of us make at first, when I entered I thought that I would always have good luck by my side all the time, and I may have, but at some point that luck runs out and the Things don't go as planned.

So, in order not to give ourselves those blows, we must be more realistic, see that a casino will always have the house advantage and that we are more likely to lose, although it is not that we are negative, no, not at all, but in part we have to Stop being carried away by feelings or emotions, in this case reason is worth much more, reason is what protects us at all times from falling into addiction.

The reality of us, in the economic aspect, we have to read it all the time in the casino, so that we can play better, we cannot let ourselves be carried away by emcones and spend all the money, just because we get excited, because that will bring the person very different consequences. They are easy to overcome, that is why it is always recommended before entering a casino, to put the money ready to spend it and not see the casino as if it were a bank that we are going to make withdrawals from.

Though it's still part of a gambling business but as the essence of the topic, gambling that relates to people who are playing or betting, meaning to say that it's involve money from the person itself and not an affiliate or a bankroll from the house, you can make money from that view, owning a casino or streaming a site and being paid both pay ads and the viewers rewards from whatever socmed or media platform that you use.

That is the clarity of the question I asked above. Although I cannot quote I because it has gone so many pages pass.
Streamers that get paid regularly can be comfortable to say that gambling is their source of income in as much as the company that pays them keeps operating. This means if you earn from gambling related activities without you gambling yourself, it is earning from gambling.
This is more secured than someone who is risking their money to earn more money.

I agree with you on that because I have seen many who get so involved in the theory and when it comes to taking the right actions to apply such self control,  their always fail to do so because doing have always been harder than saying and that is why the great water said,  it is easier said than done so for self restrictions to be effective,  one must align the talk with action because in this situation it is the action and consistency that matters.

Gambling addictions have always been as a result of over bearing relaxation and unable to apply a stop point even when you going in whichever ways be it losing or you winning.

This is the tricky part when it comes to gambling discussion for self control. It’s very hard to do that in actual compared to just a theory since human curiosity and greedy will always block our ability to think logically when we are on the influence of gambling entertainment.

It’s very easy to suggest for someone to stop when they loss but you will not understand the feeling when you are on the actual scenario of losing your money on the middle of gambling.

Gambling can be a major income if you're a streamer that get paid regularly by the casino and you're not risking any money since the casino give you free money to gamble. Regardless the outcome is whether you make money or lose, it's just a free money and it's used for marketing purpose.

If you're just an average gambler where you gamble with your real money, you will not able to make gambling as a major income.

There may be some of them who have income from gambling, at first glance it seems unlikely but it could happen. Also I honestly never thought that they could get regular results or consistent wins there just by relying on luck. It's very difficult to control the risks if someone insists on making a living in gambling, there's very little they can do there. For those who are still there with high assumptions regarding gambling, I hope they can soon realize the reality of gambling. They should be able to divert some of their time to other activities, adding a part-time job is very good, and with that I also think they will be able to forget about gambling a little bit. If they continue to pursue something that is impossible then they will feel a significant downturn in it.
Lastly I would remind them that gambling is very high risk, and as you said there is nothing certain in it except luck.

We have to accept that all gamblers cannot be thesame which also means there are many conditions attached to why some people gambles, to some, they take it as a means of survival and they make money from it, some hardly know how they could earn from gambling, therefore they wish to earn but couldn't and concentrate on gambling alone, everyone cannot at the same time rely on gambling for a source of living because there's risk in doing that, knowing that gambling does not guarantee perfect result for winining.

Gambling has now widely addicted the Youth And it has now taken a much more sinister form.  So people now don't want to accept that gambling is actually a very dangerous thing. Gambling is one's personal matter because he himself may suffer financially or if he is lucky, he may grow financially. So the full responsibility is his own.  But since it's a scary thing, it's best to use it with caution. Otherwise many things can happen to us which we never expect

It may be that things are like that, but we all know that casinos and betting houses will not lose, when we go to a casino we must know that those who see it as a source of income are sinning and that can lead them to decapitalize, is what It happens in these types of cases, you should not get excited about it because later you will have bad results, seeing a casino as a source of income, that is the worst thing we can consider, for that reason the casino must be seen as an option that may be You can make money if you are lucky Enough , and that is playing a lot with your Own luck , you should not see it that way or take so many risks , you have to play Carefully so as not to lose all your money.

The important thing is that we can have fun in gambling and not make gambling a place to make money so we won't be trapped by a situation that will tempt us to continue playing. The temptation to gamble is so strong that it can make us unable to stop gambling. And because of that, we must be able to eliminate the feeling of making money from gambling.

If they have experienced a loss before they can get a win, they should be able to stop immediately while they are getting a win. Especially if they will never know when they will be able to win again, and if they continue to play gambling, it also does not guarantee they can get another win. So it's better if while they manage to win, they better stop to calm themselves down.

If they are lucky to get a win and then stop, that's also okay because they can prevent another loss if they continue gambling. Usually, after getting a win and we continue playing, we will only experience defeat. So instead of getting another loss, it's better to stop and save that winning money.

I'm very sorry to hear that. I have heard that many traders have killed themselves because of the loans they have taken during the 2018's market crash, and that only happens when most of those traders invest money into useless altcoins that could run away with their money anytime. I think it depends on the situation for some people trading isn't hard while for others gambling isn't hard, but there are people who find gambling more interesting than trading because gambling doesn't require any kind of research before trying ones luck but trading does require a lot of research for a good position. 

The trading is a field not suitable for those who want to earn millions within a few days, and those people who gets greedy because of the pumps of some coins often dream to earn a lot of money with the help of trading. However, they forget about the consequences of wrong trades and thus end up loosing everything they own. In the world of online gambling things work a lot differently than the crypto trading because in gambling result is announced within seconds to minutes while in trading sometimes people have to wait for a lot longer periods to know that if their trades are favorable or they have lost the money they put on those trades.

Yes I agree with you and I think alot of people make huge mistakes and others would blame their actions on gambling that it's bad and involves risk, life itself is a risk and you must take risks to survive as a human at a point in life, gambling as an act is not all bad but I'll rather blame the gambler that refused to gamble responsibly and when they over gamble and become addicts or lose huge  some of money that affects them in a negative way people would start blaming them for gambling and saying its bad, forgetting that their are people who's been very successful from it and made a fortune, the thing is that if you do the wrong thing like gambling recklessly or excessively you'll fail but if you make the right decision and gamble wisely then you'll excel.

You have a valid point on players should leave when they are already on profit but the problem is most of the gamblers experience loss first before they manage to be on profit. Only few gambler fall into your example that experience profit first before losses which in that case gambler should really stop gambling and rest for the day.

There’s an instances that gamblers don't want to quit gambling even if they are on profit. This is when they made profit on a very early stage while they still didn't have much entertainment on playing. This scenario makes gambler to play more instead to take profit because they still feel unsatisfied.

The main goal of the gambling is getting positive emotions as for me. If we trying to win the prize, or even to make the gambling a major income - we lose positive emotions and can get problems with the gambling.


It isn`t easy to create your own casino, but i agree that it is the best way how to make gambling a major income. )
Anyway it is possible even for common man, but the gambling must be like a serious job, with tasks, control, budget, money management.

If they don't leave the game just because they have won, they are worried that they will later experience a loss, and many gamblers are not ready to accept this loss. After all, they had had fun and could have won, so they should have stopped and returned to the casino after a few days. But things didn't happen like that because some gamblers still want bigger wins and still play to get them. But they need to remember that the chance to win could have been gone, and they won't be able to win again but only lose. Indeed there is nothing wrong if they keep playing, but are they ready to accept that loss?

Gambling is not easy and winning is not also easy. The only easy thing in gambling is losing. It is not difficult at all to lose and if you keep gambling, it is not also difficult to lose all your money.
The statement that every gambler has their winning day sounds very true but in reality the winning day is one in 100 and may not even exist for some gamblers.
The best way to deal with gambling which everyone recommends in theory but difficult in practice is taking gambling as an entertainment.

Yes, that's the fact. Gamblers will always think like that, usually beginners will think that gambling can make you rich. That's clearly a big mistake. Instead of spending a lot of money, you should make your own gambling platform. rich people who spend their money on gambling tables, why don't they just make their own gambling platform instead of spending money on gambling. maybe it will be easier to get money faster and a lot.

There are no gamblers who are rich because gambling is what must be instilled in the mindset before playing gambling because there is a risk in it, not continuing to get wins even less than expected, that is gambling must change the mindset to be healthier, for example gambling for fun..

Some people learn from the experiences of others and some inquire before getting involved, but some learn it the hard way, and that is experiencing it themselves. So the people who take gambling as a source of income should first look around, ask those who have been gambling for a long time, and see their responses and what they tell them, if they say that it can be taken as a way of earning an income, they should go ahead but they would never say this.

Most gamblers cannot stay profitable all the time in gambling, even if they win one day or maybe for some days, they will eventually lose more than they have won back to the house, so your luck might favor you sometimes but if you do the maths someday, you will realize that your net profit is in minus.