Topic: The journey of successful business man who were professional gamblers - page 6. (Read 601 times)

Successful business men and professional gamblers have one important quality which can make them very successful:

They are not afraid of taking risks. And they are not afraid of losing money when taking those risks.

Sometimes it pays off big time. Obviously many of their businesses have failed and lost them very large amounts of money but every now and then they hit the jackpot and raise a business up from the ground-up whoch becomes extremely successful and profitable.

The average person who is not all that risk-loving will have achieved nothing. All out of fear of losing.

There's this story of someone who risked to gamble his own business and won. He's not really a professional gambler per se but it has been known that he's good at playing blackjack, that guy's Fred Smith, the Founder of FedEx, that courier company that treats your packages like they're made with kickable material (lmao). So anyways the story goes that once in FedEx's infancy, it has been short of more or less 7 grand in fuel fees, and not paying that fee on time would literally mean their business failing, so unbeknownst to his board members, he took whatever was left in their treasury and betted it all on blackjack, turns out his aptitude for blackjack paid handsomely and he bagged 30grand in the process. Was able to pay for the fuel and was able to save his business.

This is by no means a way to inspire all these wannabe pro gamblers, just a funny and a really cool story as well.

How many of them were able to find a bug in gambling or a way to win against the house? for sure some of them did it. Just like Phil Ivey did some years ago when he defeat a casino with another mistake on the deck. The problem there was the design printed in the back of the deck that way Ivey was able to memorize some of the cards having an advantage against the casino. And he made Millions with that.

One thing I'm sure of is that these people that have been listed in the op know very much how to manage their risk, they don't just jump into gambling recklessly the way most gamblers have failed to profit anything from them trying to gamble.

Another thing is if gambling was really that good they won't have switched business the would have continued their gambling career and tried to make more money from it. What this means is that you're not supposed to depend solely on gambling a point will come in your life when you'll realize that it's time to leave gambling and focus n a more prominent business.

they can only be used as an example because I don't think it will be possible to become them, just take this as motivation that being a gambler can be like them, if I may choose it's better to build your own casino to become a dealer than being a gambler, because becoming a dealer will be faster getting a lot of money compared to gamblers is even more successful if you become a bookie, don't expect to be successful because gambling as long as you gamble can control yourself that's enough. 

There is only one way to make all of these dreams come true, and that is to be brave, in the sense that you are willing to take risks or dare to lose some money to be able to realize your dream of big wins so that you become a person who succeeds in getting success.
But out there it's true like what you said that more people have dreams without the effort and ability to achieve these big achievements.
Understanding like this is quite good and useful because it can indirectly encourage someone's enthusiasm or suggestion in taking steps to pursue what has been dreamed of in the future.

Personally, I don't know these men, so I can't say how impacting gambling was on the process of developing their businesses and reaching where they are right now, but it's undeniable there are gamblers who were able to thrive financially thanks to the prizes they won from their betting sessions in the past. Of course it corresponds to a minority portion of gamblers, but they do exist and it's possible to win and to use the money smartly, instead of continuously spending it during more gambling sessions until losing everything. Congratulations to every gamblers who managed to grow the earnings collected from winnings at casinos!

The point is to change your life and be a gambler.
Those guys reached a point where they have gambled for a long time and thinking of something else like winning all the time and a business would be a good way to do it starting with the money they won from the casino.

They grow old sitting their ass for a long time on a poker chair, they win and lose so they decide to be the casino.  

but if i think they previously had a rich background which allowed them to set up their own business, is that legit? I mean I think they are actually rich and professional gamblers when in gambling they bet big amount and when they win they also get big win and can set up their own business. is my thought correct?

and the person you mean is just dreaming without daring to take risks such as realizing what is planned like starting your own business, I think that person is just an ordinary person who is not rich and bets small amounts when gambling and when he gets a win he only gets an insignificant amount big and unable to create their own business, as different as people who are already successful in having a big business from their winnings at gambling.

but I have also heard of a gambler who was a professional and had expertise in gambling and eventually founded his own casino and decided to make money from the casino business instead of throwing money at other casinos.

It will be very helpful if you will include this gentleman credentials as a gambler to categorized them fits to the topic rather than just post all their business. We don’t even know if they are really playing gambling and type of gambling they are playing before they become successful to their business.

Can you research too if they are already a gambler before or after they are successful on their business to determine if this is a real journey or just a leisure time for them.

And scammers! Like Calvin, who out of his feel for charity supports a mentally challenged doctor of theology CSW. He probably made Calvin believe God made him invent bitcoin.

From wikipedia:
In 2012, Ayre was indicted by the US Attorney for Maryland on charges of illegal gambling and money laundering.

It's great that  they made their fortunes in gambling industry, I have nothing against that, but what's the point of the thread? If you think you can make it in this business, think again. These people weren't starting with nothing and aren't really role models to follow in all aspects.

These gentlemen have one thing in common since they are exposed to gambling and that is they know how to do calculated risk, they know the business they are doing because they know that you can only win in a game that you are familiar with, two things can happen if you're involved in gambling you can lose everything or you will be a better decision maker and these gentlemen choose the latter so they have better results from their mindset.

This is the dream of every gambler, be a responsible gambler and manage their business from what they learned from gambling because there are great lessons to learn in gambling that we can apply in business.

As for myself, If I see that I have talents and have a wise decision in gambling, I would also go to professional where money involves and invest a lot to have a money sources. For sure that some of them build a business due to being successful in gambling which involves money therefore they have knowledge how to make the money circulate and work for them. Having an investment while earning huge amount of assets in gambling will make you millionaire easily plus your business. But always remember that gambling doesn't guarantee you success in life. There's always a risk, if you want to be one of them it would be better to learn from the best first before taking risk of betting your money because its better to have proper background, knowledge and experiences before trying gambling.

If become a professional gambler will make them rich and easy to make money, they wouldn't jump become a businessman, so the conclusion is a professional gambler isn't a good way to make money, but become a businessman is better.

Or maybe they're get restricted or blacklisted by those casinos because they always make money on the casinos, so they don't have any way to continue to make money except become the house or looking for the other opportunity.

Gambling has no doubt birth many professionals and millionaires in gambling and those people have find gambling to be their reason for a change of status in life, they are part of the world rich businessmen in the financial economy and yet performing well in gambling today  and maintain being rich all because they know their moderacy and have invested big on other profitable assets that sources them money to always use in gambling aside from those having their own gambling website after tasting it to be a good source for making business.

There are some people who can dream and some others who dare to it. Many of those who can dream big but some times can't make it through traditional platforms. Today I will mention the names of some people who started their business life with the help of gambling money. Who were initially professional gamblers later became reputed businessman. Many of whom are now active philanthropists, supporting various charities. If responsible gambling can be practiced then luck can be expended. He can make himself known differently in a shortest possible of time.

Some professional gamblers and their business




Sheldon Adelson- The founder of the Las Vegas Sands Corporation, The Venetian and The Palazzo in Las Vegas and Marina Bay Sands in Singapore.

Kirk Kerkorian- He founded MGM Resorts International, the airline company and  Trans International.

Steve Wynn- He founded Wynn Resorts, Wynn Las Vegas and Encore Las Vegas.

Calvin Ayre- Founder of Bodog Entertainment.

Terry Benedict- Founder of BJB Properties.

Tony Bloom- Founder and owner of the Brighton & Hove Albion Football Club and.

Phil Ruffin- Treasure Island Hotel, a casino in Las Vegas and the Wichita Greyhound Park.

If one tries to change the destiny he may succeed or fail but he may get a result. But there are many people in the world who only dream inactively without taking any initiative.

But one should keep in mind that gambling is a risky platform. As there are lot of histories of victory, there will be defeats as well. Use gambling money as much as you can afford to lose.