Is it possible that we can run our household expenses with gambling ?
I am asking for those people who don't have any skill or job ?
I do not see this idea feasible in the long-run given the nature of gambling that is highly unpredictable.
When we mean by household expenses, this include everything from your food, lodging, electric bills, and all other monthly expenses. These type of expenses are what we call running expenses since they consistently incur every month. If you attempt paying them with something that is unpredictable, chances are that you will incur more obligations and credit in the long-run.
I very much agree with this.
Gambling as a source of income is not really sustainable for the long term. It could be another stream of income, but it is risky if it will be the main source of income and will be the primary thing a person to rely on to sustain their way of living. Gambling is highly unpredictable. You can win great today and lose big tomorrow. You will never know when is the exact time you will get and accumulate profit that will cover all of your households expenses.
It is true that a person planning to live by with gambling winnings has a high possibility to incur more loans and debts. It isn't really a smart move for me and personally, i wouldn't do it because necessity should be prioritized and shouldn't be mixed with luxurious activity. It could be an additional source of income but not really a good primary source of income to establish your household needs.