Quote from: chaser15 on Today at 09:53:56 PM

Quote from: South Park on Today at 02:19:28 AM

Not only that even if someone could in fact generate profits by being an expert on poker or sport bets it is still not a form of passive income, in fact it is the complete opposite as you have to be heavily involved with every single bet that you make and try to predict what your opponent will do in the case of poker or how the odds will move in the future if you decide to become a sport bettor, so the dream of getting passive income out of gambling is basically impossible no matter how much I look into it.

In other words, even if someone is good or an expert in that field, they are still working and putting their best to make profits. Can't be considered as a passive income but rather, as another way of making money for these people. A passive income shouldn't be supposed to work that way as it is called passive for a reason.

Maybe the best would be, that gambling can be another source of our finances. Although still at risk, there are pros that treating gambling that way. They are still losing but the overall profit they made was already decent that's why for every loss, they can cover it. They are able to maintain their winnings in the long run making it possible for them to support their gambling activity.

Gambling should never be considered as other source of money. It should be considered as a way to entertain ourselves, same as that we spend on an outing/movie we need to allocate fund. When we consider gambling as other way of earning, people will try to compensate. For example if a person makes a revenue of $1000 per month. One month he wasn't able to achieve it and made $900. Now he'll try to make this $100 out of gambling which isn't fair.