I know a guy who makes his living betting on sports, and he's winning a couple thousand dollars a month the whole time he's been doing it. But to each his own. Gambling is in his nature, and he takes a lot of risks. There are some people who live this way. I could never do that.

There is a huge amount of risk involved that you simply cannot calculate beforehand. And I have experienced first hand that at times it can be a very scary thing to take those risks.