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Topic: Success or Fail? - Talking about Gambling as a major income - page 28. (Read 6781 times)

sr. member
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It is true that gambling is easy, but winning gambling is difficult. Gamblers must think that they can only get entertainment from gambling, which is another bonus if they manage to win. And they shouldn't need to chase another win so that they won't experience another defeat. They have had enough wins before that they need to quit ASAP or they will lose their winnings. We have to learn more from professional gamblers to avoid losing money and become professional gamblers.
if gamblers are only looking for the pleasure to get from gambling games, I'm sure they won't leave the game because of a win. especially if the game is just at the beginning of the game.
every gambler has the hope of getting a win. although all gamblers also know that their chances of winning are also smaller than the chances of losing. every gambler has the hope of winning, that's what keeps them playing. there's nothing wrong with it at all.
hero member
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Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.
It is true that gambling is easy, but winning gambling is difficult. Gamblers must think that they can only get entertainment from gambling, which is another bonus if they manage to win. And they shouldn't need to chase another win so that they won't experience another defeat. They have had enough wins before that they need to quit ASAP or they will lose their winnings. We have to learn more from professional gamblers to avoid losing money and become professional gamblers.
hero member
Activity: 2548
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My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.
Condolences to your friend.

Indeed, gambling is easier than trading because one has to learn more about trading and its analysis. Meanwhile, in gambling, people only need to prepare a certain amount of money to bet, choose the gambling game, determine how much to bet each time they play, and start playing. And because of that convenience, many people end up drawn into gambling and can't get out easily unless they want it to be themselves. But in terms of success or failure, if someone makes gambling their main source of income, it will not be easy because they will encounter many defeats, which can get bigger if they can't control it.
Thanks.

Gambling is easy to start. And gamblers think that it is easy way to win money but it is mistake. If we are talking about common gambler - he can`t get stable profit from gambling. All of us know why is it so and i willn`t repeat it. But the professional gamblers not gamble - they work in the gambling. And even if they lose for some time - they have reserves for it. It is possible but not for everyone.
hero member
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It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much money they can spend without Affecting their Lives.

I had a bad experience once again with my last week's signature rewards on stake, where I decide to stake some games with my balance,  and at first, I won a couple of those games,  but as the excitement get more intended,  I decided not to take a break and planned out a way that I could be taking one or two games on daily basis to increase my total earning on a steady basis.  But my guess was wrong because in the following day when I placed the first bet,  I lost and the second bet also lost and at that time I have already lost all the money I won in the previous day.

And instead of quitting at this point,  I decided to go further by staking more out of my remaining balance and again I lost by then it's done to me that gambling result is unpredictable and it doesn't means because your luck shines today that it will continue like that.

That is why gambling can't be taken as a steady source of income because winning in gambling is not a steady thing at some point your losing ratio is higher than winning because the house edge will always prevail.
Trust me I've been there too, it's not about your luck shinning per day my dear, in the gambling world it's about minutes of luck, if you are on the winning lane for a minute please quit, and come back some other day.

You can start winning in few second and more disasters awaits you after some minutes, it has happened to me, and after I learnt some lessons I have decide to always quit after every loses or hits.

Assuming I plan to use twenty dollars for gambling today and I gamble all the twenty dollars away, I will stand up and exit the casino, till another day that I can afford another twenty dollar or less.

But if I win with 5$ right now, though I have 20$ in mind to use for gambling, I will still quit, after every wins you get excited and that's where you will lose what you have made and also your gambling capital.
legendary
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I had a bad experience once again with my last week's signature rewards on stake, where I decide to stake some games with my balance,  and at first, I won a couple of those games,  but as the excitement get more intended,  I decided not to take a break and planned out a way that I could be taking one or two games on daily basis to increase my total earning on a steady basis.  But my guess was wrong because in the following day when I placed the first bet,  I lost and the second bet also lost and at that time I have already lost all the money I won in the previous day.

And instead of quitting at this point,  I decided to go further by staking more out of my remaining balance and again I lost by then it's done to me that gambling result is unpredictable and it doesn't means because your luck shines today that it will continue like that.

That is why gambling can't be taken as a steady source of income because winning in gambling is not a steady thing at some point your losing ratio is higher than winning because the house edge will always prevail.

It's really unpredictable and that excitement that you experience after winning some of your bets, that adrenaline will push you to keep trying for more, instead of cashing it out and enjoy the money, you will think that you can easily repeat the same result, a common mistake that gamblers experienced once they already attached.

I see your point and for sure, not just you, but most of the gamblers also experienced that same result.

Thinking that by trying to bet more will add a good amount of winning earnings, but in the end, they will just realize that they
already lose together with the amount of bankroll that they've got.
hero member
Activity: 2912
Merit: 556
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My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.
Condolences to your friend.

Indeed, gambling is easier than trading because one has to learn more about trading and its analysis. Meanwhile, in gambling, people only need to prepare a certain amount of money to bet, choose the gambling game, determine how much to bet each time they play, and start playing. And because of that convenience, many people end up drawn into gambling and can't get out easily unless they want it to be themselves. But in terms of success or failure, if someone makes gambling their main source of income, it will not be easy because they will encounter many defeats, which can get bigger if they can't control it.
hero member
Activity: 2548
Merit: 769
It is a job. There is no any secret in it. You must make serious research of information about your teams, research about bookies, who add this match, the odds between bookies and don`t think about additional bets. So you must remove emotions.
One of these guys started in the sports bet group, later he understand how it works, got information and began to analyze himself.
Of course they win not all bets, but win rate is nice and the odds nice too. I tried it myself and got about $800 per month for several months but it was to difficult and less than i get in main job, so i stopped.

An interesting point of view, and I agree that it can be considered as a job, but there is one thing. I believe that work should not be so dangerous for the psyche and stability of thinking. I mean, in gambling, it's very easy to go beyond control and turn into a dependent. Agree, ari of all the similarities of trading and nambling, there is no such thing in trading. It is impossible to fall into a strong addiction from it. At least I think so. Yes, there are people with the strongest self-control, there are only a few for hundreds of them. And to consider gambling as a job with a stable income is clearly not for most people.
My friend killed himself after the results of his trading. So i can`t agree with your point of view. Of course it is rare situation and much more we hear about gambling problems. But i think that it is so because the gambling is much easier than trading and the quantity of gamblers incomparably with the quantity of traders. Also if the mass media will talk us about the dangers of trading - the common man willn`t understand it.
hero member
Activity: 1260
Merit: 765
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It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much money they can spend without Affecting their Lives.

I had a bad experience once again with my last week's signature rewards on stake, where I decide to stake some games with my balance,  and at first, I won a couple of those games,  but as the excitement get more intended,  I decided not to take a break and planned out a way that I could be taking one or two games on daily basis to increase my total earning on a steady basis.  But my guess was wrong because in the following day when I placed the first bet,  I lost and the second bet also lost and at that time I have already lost all the money I won in the previous day.

And instead of quitting at this point,  I decided to go further by staking more out of my remaining balance and again I lost by then it's done to me that gambling result is unpredictable and it doesn't means because your luck shines today that it will continue like that.

That is why gambling can't be taken as a steady source of income because winning in gambling is not a steady thing at some point your losing ratio is higher than winning because the house edge will always prevail.
sr. member
Activity: 1092
Merit: 342
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It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

Some players may be benefiting from gambling, they may see it as income but it shouldn't be seen that way, because anyone who is inexperienced and wants to see gambling as significant income will be totally deluded into thinking that if something like this can be done, it can be done. Let him start in the game and do well, but when he starts to play poorly and runs out of money, how will he do then? who is going to go to, the casino does not have any type of Protection for players who run out of money and that is something that only each one can control, that is why seeing the casino as an important income is a very bad Thought , if they can win some Players , but we don't know how much Money they can spend without Affecting their Lives.
hero member
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It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.

The funny thing is, this small percentage of people does not mean that they control the game or have any special skills. Let me give you an example: if 100 people flip a coin 10 times. Then most likely one of them will throw out the same result ten times in a row. But this will not mean that this person is a professional of flip a coin. This will mean that the probability was on his side, the same with gambling, as well as trading.
Yes, skill inclines victory in your direction, but this percentage of skill can only be seen over a very long distance.
hero member
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It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.

Hey it is not to say that some bettors are not benefiting from gambling because if there is patronage, that means people still have benefit derived from it but the issue is to so rely on it for a livelihood which is the focus. There are casinos here that have been around for years and that means they are having traffic and lots of customers to be able to sustain the business, run ads and pay signature participants including payment of direct staff. You can only gamble responsibly by having personal control not to over gamble.
legendary
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never that I will be letting my life to be relying in gambling, yeah there might be someone that doing this but trust me, they are just a piece of a million losers.
I have seen so many gamblers who go broke even when they have precious records of winning a good amount from gambling but their inability to quit gambling and work away from gambling for a while made them to still gamble everything away.
So is a bad attempt to depend on your life on gambling as a source 9f income since gambling results are unpredictable so relying on something as risky as gambling is a dead trap.
If there are many gamblers who are rich because of gambling, I will be happy to sell anything for my capital to gamble, unfortunately this is just wishful thinking, everything must be properly controlled, at least gambling is just for fun, don't gamble just to make money, let alone make it as a source of income. strange sounds to my ears, it will not be possible to get a steady income from gambling.

I've tried it at the beginning I was gambling but unfortunately I lost a lot of money, so since then I no longer think about making money in gambling, just having fun enjoying the game. If I'm lucky, I'll withdraw the winnings. If I lose, let's say I've enjoyed game like i play game rides and then enjoy the game and then pay for it, so no problem. I prefer to gamble PVP because it's easier against someone like poker or sports betting than playing casino games.
hero member
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Those who got broke in gambling lost their control over themselves.  They get an unexpected huge hope to win a huge amount of money forgetting rationality and greedily try to win huge amount of money resulting in a devastating financial losses.
If they can't manage the big money they get from playing gambling, they will only lose the winning money and won't be able to enjoy the winning money. And after getting big winnings, they should be able to stop leaving the casino and enjoy the winnings. If possible, they can invest in other things that can provide other benefits in the future.

But it seems like the people who win those big winnings won't be able to get them as often because it also depends on their own luck. And if they insist on making gambling their main place or source of income, they probably won't succeed because the difficulty level of getting the money is higher than other sources of income.

They are better off looking for other sources of income that can really become their main source of income than expecting it from gambling. Only a few people succeed so if they are thinking of trying it, they better not have to try it because of the failure factor they will receive.
sr. member
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never that I will be letting my life to be relying in gambling, yeah there might be someone that doing this but trust me, they are just a piece of a million losers.
I have seen so many gamblers who go broke even when they have precious records of winning a good amount from gambling but their inability to quit gambling and work away from gambling for a while made them to still gamble everything away.
So is a bad attempt to depend on your life on gambling as a source 9f income since gambling results are unpredictable so relying on something as risky as gambling is a dead trap.
Gambling is really a dead trap where the chances of winning are very low and instead makes life more miserable. No matter how big he is, the addiction to gambling will leave him destitute. A person who cannot suppress an irresistible desire to gamble sits down to play at any time without looking back at the needs of the family, his own needs, without accurately assessing his time and financial capabilities. It is foolish to think of gambling as a source of income because the chances of success are very low. Its results never bring anything good.
legendary
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never that I will be letting my life to be relying in gambling , yeah there might be someone that doing this but trust me , they are just a piece of a million loser.

There are people who made gambling as business and these are the casino owners, bookmakers, and other businesses that services gambling and they get a huge profit from these gambling activity.  And there are a few people that made their career as professional gamblers, competing against other players and winning giving them huge amounts of money to maintain their lives.  But as a regular player, I also believe that gambling shouldn't be made as our major means of income.  We can try to win from time to time but we must make sure that we have an established source of income that is different and not gambling.

never that I will be letting my life to be relying in gambling, yeah there might be someone that doing this but trust me, they are just a piece of a million losers.
I have seen so many gamblers who go broke even when they have precious records of winning a good amount from gambling but their inability to quit gambling and work away from gambling for a while made them to still gamble everything away.
So is a bad attempt to depend on your life on gambling as a source 9f income since gambling results are unpredictable so relying on something as risky as gambling is a dead trap.

They expect to much about it and they hope they can replicate the same win that's why they go om frenzy mode where they didn't notice that they gamble to much. They caught off with wrong expectation that they can get passive income then reality strikes where bad shot appears and they can't recover back their losses. This scenario is avoidable and its just people need to live on realistic phase so that their expectation on gambling will not be to much and they approach it on more realistic ways.

Those who got broke in gambling lost their control over themselves.  They get an unexpected huge hope to win a huge amount of money forgetting rationality and greedily try to win huge amount of money resulting in a devastating financial losses.
hero member
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never that I will be letting my life to be relying in gambling, yeah there might be someone that doing this but trust me, they are just a piece of a million losers.
I have seen so many gamblers who go broke even when they have precious records of winning a good amount from gambling but their inability to quit gambling and work away from gambling for a while made them to still gamble everything away.
So is a bad attempt to depend on your life on gambling as a source 9f income since gambling results are unpredictable so relying on something as risky as gambling is a dead trap.

They expect to much about it and they hope they can replicate the same win that's why they go om frenzy mode where they didn't notice that they gamble to much. They caught off with wrong expectation that they can get passive income then reality strikes where bad shot appears and they can't recover back their losses. This scenario is avoidable and its just people need to live on realistic phase so that their expectation on gambling will not be to much and they approach it on more realistic ways.
hero member
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never that I will be letting my life to be relying in gambling, yeah there might be someone that doing this but trust me, they are just a piece of a million losers.
I have seen so many gamblers who go broke even when they have precious records of winning a good amount from gambling but their inability to quit gambling and work away from gambling for a while made them to still gamble everything away.
So is a bad attempt to depend on your life on gambling as a source 9f income since gambling results are unpredictable so relying on something as risky as gambling is a dead trap.
hero member
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 I've come to realise that in this life everyone's fate cannot be same, and you shouldn't indulge in a task because it fanevours the next person when you don't have an idea or a good knowledge about it, what I'm trying to say Is that there are people who have very good skills in gambling and their they apply the risk management of gambling and has made a fortune out of it though it might not be their only source of income but with their good strategies they get more money from gambling than from other line of business they do.
 Now this set of people are not few there are not much people that has successes through this means and what works for them might not work out for you they might be very patient enough to have studied the game and mastered the act of a particular gambling activity and stick to it, whereas you don't have such virtues, so that's why it's adviced that people shouldn't consider gambling as a major source of income or their only hope to financial stability, it's not even wise to gamble if you don't have a job or handwork that fetches you money.
hero member
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Gambling for fun or for the main income, still the house always wins, And gambling purely for fun they only play in their free time or when there is a sense of wanting to play, and with sufficient capital and play gambling with games that he thinks are fun, and also enjoy it while wishing luck.

and gambling as the main source of income in my opinion if it really exists and happens then there will be many people who do it without having to work to earn income for their daily needs. And even though those who are experts there is no guarantee that they will always win consistently.
People never understand how the casino system works so don't ever make casinos a source of income, what you are saying is true that if everyone could get consistent income, of course people would not work and would rather gamble, after all, that mindset usually only exist for beginners where they always believe that the casino can be a source of income for them.

I'm sure it takes time for people like that to convince themselves that casinos are not a source of income, at least seeing they really feel down and experience successive losses so they no longer think of casinos as a source of income, it's hard to convince beginners about that wrong mindset. , the only way to make them aware is the harsh reality that they will feel for themselves after playing gambling. gamble wisely and make gambling games just for fun, that's the most correct
It isn`t easy but it is possible. I know several men who get money only from the gambling for few years. And not $100-300 but several thousands every month. Of course, the main part of gamblers don`t even think about making the gambling major income, but it doesn`t mean, that it is impossible. But gambling becomes a job and you don`t get fun from it like before.
If a gambler can regularly earn several thousand dollars per month from gambling, then it can definitely be called as a income source of that particular gambler. But the number of such gamblers is very small. In this regard most of the gamblers have various earning source. They may be making a living with money from gambling but they also have no depression because they are sufficient. But if the average gambler wants to make a living by following them, they can be fall in risk to lose their money.
It is when a gambler already have a means of income that he can start looking into gambling as something he can use to generate extra cash. But he mustn't rely on gambling as the only source of income,if not that person will end up in great loss and depression because he might even get addicted along the line.

Gambling is something that takes more from you than what it gives to you only few gamblers were lucky enough to get more from gambling and have loss little. This is why anyone that takes gambling as a job will end  up being a failure in life.
legendary
Activity: 2702
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It is a job. There is no any secret in it. You must make serious research of information about your teams, research about bookies, who add this match, the odds between bookies and don`t think about additional bets. So you must remove emotions.
One of these guys started in the sports bet group, later he understand how it works, got information and began to analyze himself.
Of course they win not all bets, but win rate is nice and the odds nice too. I tried it myself and got about $800 per month for several months but it was to difficult and less than i get in main job, so i stopped.

An interesting point of view, and I agree that it can be considered as a job, but there is one thing. I believe that work should not be so dangerous for the psyche and stability of thinking. I mean, in gambling, it's very easy to go beyond control and turn into a dependent. Agree, ari of all the similarities of trading and nambling, there is no such thing in trading. It is impossible to fall into a strong addiction from it. At least I think so. Yes, there are people with the strongest self-control, there are only a few for hundreds of them. And to consider gambling as a job with a stable income is clearly not for most people.
Of course, you should never consider gambling or betting as a full-time job.  This is wrong because this activity is so risky and completely unpredictable that it cannot be considered as a guaranteed source of income in principle. 
I've come across people in my life who thought they could make money this way, based on the fact that they considered themselves smart and lucky and that they could have a near-permanent income.  But, alas, it all ended with the fact that they simply lost their deposits and even partly the money that they earned at their main job for a stable salary.  No one will ever be able to earn money for a long time by gambling in a casino or by betting on sports competitions. 
This is basically impossible in my opinion.
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