Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?
I personally feel that there are very less chances of making a steady income with gambling. In fact, if you win a big amount in gambling, from there on , you should play games with less on stake and keep the winnings invested in some good option like crypto. It is important to have self control to end profitably with gambling ventures online. Do you agree with this ?
Your doubts about making a steady income from gambling is correct. While some people/gamblers might get lucky initially, the reality is that gambling isn't a reliable way to earn a steady income. The house always has an edge, and over the long term, this edge means that the odds are against you winning consistently and you will end up losing moeny.
Even professional gamblers who might seem to be making a living off gambling are facing huge risks. In fact, they main money they earn isn't from gambling. They get sponsors and stuffs, so they also have a "backup" in case they get wiped. People should be gambling for fun. Not for the money!
How restrictive is it to perceive gambling only as profit and loss? Gambling is about chance, danger, and skill. Many use it for decision-making, risk assessment, and psychological warfare (think poker). Sponsorships and external income are not the only source of income for professional gamblers. Sponsorships help, but to say their gambling winnings are insignificant understates the expertise and strategy of professional gambling. The pleasure, difficulty, and thrill of gambling are what make it so enjoyable. Gambling should be done with caution. Leisure, not assured income. Enjoyment and skill development should be prioritized over profit.