Making a living from gambling can quit be a difficult task if you ask me. though I have heard from some guys who claims it is possible to make a living from gambling, but I haven't seen how that is possible. When I asked they said betting huge amount with lesser odd can be a good strategy like betting $100 on a 1.50 or 2 odd. And this will be played on a gambe that is likely to play maybe it may be studied for sometime before betting. But even as that guy has explain that, there is still a possibility of not making a living from it because I believe that in betting or gambling the possibility of loss is always higher than the win, so hence there is no guarantee of making a living from gambling.