Post
Topic
Board Gambling discussion
Re: Crypto Gambling as a Reliable Passive Income
by
Fortify
on 16/06/2022, 20:08:24 UTC
In the past folks usually engage in gambling as a form of leisure activity. However, with the introduction of crypto gambling, the story has changed. By the end of 2023, crypto gambling will reach its value of $93 billion.  Presently, there are people who have taken crypto gambling very seriously. For them, it is like a side-hustle with the potential to generate passive income.

Passive income is money from a side-hustle. That is, it is not the regular income from your day job or business.

The caveat here is that for crypto gambling to be considered an alternative means of income, you must have the skills, and experience. The should be able to win most of your games. You must be a responsible gambler that is, there must be a set limit, an acceptable amount must be wagered, and you must know when to stop yourself even if you are having a winning streak.

What do you think:

1) Have you ever considered gambling as a means of generating passive income for yourself?

2) Do you think it can become a source of reliable passive income for you?

Honestly unless you are very intelligent there are few games that the average person will beat against the house in their lifetime. It's possible to learn such a skill with average skills, perseverance and a desire to learn but it could take years of endless learning before it pays off - along with a lot of money, which becomes worthless if you decide to quit before conquering it. Obviously this also only applies to games where you can gain an advantage against others like poker. Most people simply don't have the time or concentration to dedicate to such a game when they start working full time, so be sure to use the opportunity that your earlier years give you - it'll go a long way.