What It Takes to Make It As a Professional Gambler

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Nicemove
    SBR Rookie
    • 03-31-11
    • 20

    #1
    What It Takes to Make It As a Professional Gambler
    I recently read a thread about how gambling destroys people's lives. I feel compelled to write this thread in order to put a light on gambling as a career. I am a professional gambler for almost 8 years. I support myself as a professional poker player and do some sports betting on the side. It can be very rewarding if done correctly but very painful otherwise. The truth is gambling is not for everyone. Most people who gamble lose money(I'm guessing 95%). It is actually for the selective few who has the natural born talent along with great analytical skills. Most kids see the alure and glamour on TV and think its all fun in games. They chase the riches and eventually go broke. Losing not only their bankroll but also meaningful relationships. The saying goes for gambling is: "Its the hardest easiest way to make a living." It takes a lot of mental toughness to ride the swings. Losing and winning thousands daily is not for the faint of heart. For most people I suggest using gambling as more of a recreational purpose. Like I said before only a small percentage of people in the gambler world can really make a living. If you are one of the pros out there who had made it feel free to comment on this. Perhaps some wisdom for the younger kids ...............
    Last edited by Nicemove; 05-09-11, 01:04 PM.
  • LLXC
    SBR Hall of Famer
    • 12-10-06
    • 8972

    #2
    If you are a good analytical sports bettor, you can make A LOT more guaranteed money at one of the large financial firms...
    Comment
    • tony_come
      SBR Posting Legend
      • 03-31-10
      • 21695

      #3
      Think outside the box

      and years of wisdom

      Most kids/ppl don't understand the meaning of a box. How many squares do you need to make a box?

      Good luck
      Comment
      • clarkacal
        Restricted User
        • 11-03-09
        • 353

        #4
        I think it all boils down to "You have to enjoy winning more than gambling." If you never reach this point you're doomed.
        Comment
        • str
          SBR Posting Legend
          • 01-12-09
          • 11503

          #5
          Originally posted by clarkacal
          I think it all boils down to "You have to enjoy winning more than gambling." If you never reach this point you're doomed.
          This is 100% correct.
          Comment
          • face
            SBR Posting Legend
            • 01-31-11
            • 14740

            #6
            ^that is a good post. i am not at that point, and hence, still a slight loser. i love betting underdogs like yesterday the brewers +120, when i knew that bet had a big chance of losing. but bulls nba lost too at -145. gambling is hard. i basically win about 50% which is still losing. wish i could just get to 55%.
            Comment
            • JohnGalt2341
              SBR Hall of Famer
              • 12-31-09
              • 9138

              #7
              A little bit of brains... and lots of hard work. Oh... and did I mention DISCIPLINE?
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388189

                #8
                Most of us bet to lose
                We love the agony of defeat
                Losing feels better
                Most of us are afraid to win
                Comment
                • Al Masters
                  SBR Hall of Famer
                  • 04-29-06
                  • 6940

                  #9
                  Originally posted by clarkacal
                  I think it all boils down to "You have to enjoy winning more than gambling." If you never reach this point you're doomed.
                  I Disagree with this statement.

                  Real pro's never win...they earn.

                  No such thing as winning for years,if you're winning for years then you're earning witch makes you a pro.
                  Comment
                  • Iced
                    SBR MVP
                    • 01-04-11
                    • 1614

                    #10
                    Oops
                    Last edited by Iced; 05-09-11, 02:20 PM. Reason: Misquote
                    Comment
                    • SASH
                      SBR MVP
                      • 04-09-11
                      • 3200

                      #11
                      DUH! WINNING! . I've been professionally gambling for the better part of 2 years
                      Comment
                      • Br0nxer
                        SBR Posting Legend
                        • 03-25-11
                        • 13665

                        #12
                        Originally posted by jjgold
                        Most of us bet to lose
                        We love the agony of defeat
                        Losing feels better
                        Most of us are afraid to win


                        very true

                        in a weird way love the struggle of scrambling to pay bills
                        Comment
                        • killawookie
                          SBR MVP
                          • 12-25-09
                          • 3457

                          #13
                          Some day I hope to Become a Pro.. until then society will keep me in check limiting any money that could even potentially be gambling by never really sitting in a bank account for long as bill collector withdraw
                          Comment
                          • doublej95
                            SBR Posting Legend
                            • 01-26-10
                            • 14094

                            #14
                            Originally posted by jjgold
                            Most of us bet to lose
                            We love the agony of defeat
                            Losing feels better
                            Most of us are afraid to win

                            Exactly, everyone remembers a bad beat and loves to talk about it. People never want to talk about a big win.
                            Comment
                            • clarkacal
                              Restricted User
                              • 11-03-09
                              • 353

                              #15
                              Originally posted by Al Masters
                              I Disagree with this statement.

                              Real pro's never win...they earn.

                              No such thing as winning for years,if you're winning for years then you're earning witch makes you a pro.


                              So if you get someone to pay you 60:50 on a coin flip you don't still call that gambling?

                              Whatever Mr. Semantics. Hey if your earning takes a downturn you can always sell that diamond you made out of the big rock up your a**
                              Comment
                              • emoney
                                SBR MVP
                                • 03-12-09
                                • 1481

                                #16
                                I thought the quote is "the hardest way to make an easy living."

                                But you're the "professional gambler," so you must be right.
                                Comment
                                • clarkacal
                                  Restricted User
                                  • 11-03-09
                                  • 353

                                  #17
                                  Comment
                                  • sneak-a-peak
                                    SBR MVP
                                    • 11-07-09
                                    • 1373

                                    #18
                                    Just fade jj's spreadsheet.......

                                    After he goes on a little run start hammering away on the other side of his plays and you'll make it
                                    Comment
                                    • MendozaLine
                                      SBR MVP
                                      • 01-11-10
                                      • 4088

                                      #19
                                      did I miss the part where you explained what it takes to make it as a professional gambler?
                                      Comment
                                      • clarkacal
                                        Restricted User
                                        • 11-03-09
                                        • 353

                                        #20
                                        Last edited by clarkacal; 05-09-11, 08:47 PM.
                                        Comment
                                        • falconticket
                                          SBR MVP
                                          • 09-05-10
                                          • 3414

                                          #21
                                          It will catch up with you. Nine years is not that long. You'll be suking coks on the strip one day for a buffet ticket. Lol. Jk
                                          Comment
                                          • warriorfan707
                                            SBR Posting Legend
                                            • 03-29-08
                                            • 13698

                                            #22
                                            Originally posted by jjgold
                                            Most of us bet to lose
                                            We love the agony of defeat
                                            Losing feels better
                                            Most of us are afraid to win
                                            Comment
                                            • ApricotSinner32
                                              Restricted User
                                              • 11-28-10
                                              • 10648

                                              #23
                                              Originally posted by tony_come
                                              Think outside the box

                                              and years of wisdom

                                              Most kids/ppl don't understand the meaning of a box. How many squares do you need to make a box?

                                              Good luck
                                              Comment
                                              • mrmarket
                                                SBR MVP
                                                • 01-26-10
                                                • 4953

                                                #24
                                                Blind leading the blind.
                                                Comment
                                                • Cap dat 4ss
                                                  Restricted User
                                                  • 10-11-10
                                                  • 3665

                                                  #25
                                                  Originally posted by MendozaLine
                                                  did I miss the part where you explained what it takes to make it as a professional gambler?
                                                  Originally posted by mrmarket
                                                  Blind leading the blind.
                                                  Comment
                                                  • OTL
                                                    SBR MVP
                                                    • 03-08-10
                                                    • 2433

                                                    #26
                                                    Lots of discipline and good instincts.
                                                    Comment
                                                    • jbrent95
                                                      SBR MVP
                                                      • 12-07-09
                                                      • 1221

                                                      #27
                                                      Discipline and living off of a 2-5% ROI.
                                                      Comment
                                                      • mikejamm
                                                        SBR Posting Legend
                                                        • 08-24-09
                                                        • 11034

                                                        #28
                                                        Originally posted by MendozaLine
                                                        did I miss the part where you explained what it takes to make it as a professional gambler?
                                                        Yeah, that's the part I was fuk'in wait'in on too! Guy's got like 9 posts and he's on here talk'in like he's big time, "I support myself as a professional poker player", not recently, if you're playing online and living in the USA. "Most people who gamble lose money(I'm guessing 95%)" Oh so now you're guessing here? How about you back up your statement with facts? Like Al said, "Real pro's never win...they earn." Taking in the vast demographics of sharps vs squares, recreational gamblers, and so called professionals, The percentage of winners is a lot higher for those who are intelligent enough to do proper research and money management.
                                                        Comment
                                                        • immy5150
                                                          SBR High Roller
                                                          • 04-28-11
                                                          • 198

                                                          #29
                                                          correctly said 2-5% ROI is the method of the madness....ride the downs because the ups will come if you dare not steer away from your program....
                                                          Comment
                                                          • Smoke
                                                            SBR Aristocracy
                                                            • 10-09-09
                                                            • 48111

                                                            #30
                                                            Originally posted by jjgold
                                                            Most of us bet to lose
                                                            We love the agony of defeat
                                                            Losing feels better
                                                            Most of us are afraid to win
                                                            Comment
                                                            • mikejamm
                                                              SBR Posting Legend
                                                              • 08-24-09
                                                              • 11034

                                                              #31
                                                              Originally posted by jjgold
                                                              Most of us bet to lose We love the agony of defeat Losing feels better Most of us are afraid to win
                                                              I hear ya smoke! Is this the true definition of loser or what?
                                                              Comment
                                                              • Smoke
                                                                SBR Aristocracy
                                                                • 10-09-09
                                                                • 48111

                                                                #32
                                                                Comment
                                                                • Blax0r
                                                                  SBR Wise Guy
                                                                  • 10-13-10
                                                                  • 688

                                                                  #33
                                                                  Originally posted by LLXC
                                                                  If you are a good analytical sports bettor, you can make A LOT more guaranteed money at one of the large financial firms...
                                                                  Agreed, although you'd likely need a degree (w/ a decent GPA) from a top school.
                                                                  Comment
                                                                  • lcscanada
                                                                    SBR Wise Guy
                                                                    • 03-17-11
                                                                    • 503

                                                                    #34
                                                                    Very simple, if you don't have these 3 mastered, you'll never make it.
                                                                    1. Emotional Control
                                                                    2. Proper Bankroll Management
                                                                    3. Analytical Skills
                                                                    1/3, 2/3, is not enough. You need to win this parlay daily, all 3 to succeed.
                                                                    Comment
                                                                    • jnsbanman
                                                                      SBR Wise Guy
                                                                      • 01-08-11
                                                                      • 526

                                                                      #35
                                                                      Originally posted by lcscanada
                                                                      Very simple, if you don't have these 3 mastered, you'll never make it.
                                                                      1. Emotional Control
                                                                      2. Proper Bankroll Management
                                                                      3. Analytical Skills
                                                                      1/3, 2/3, is not enough. You need to win this parlay daily, all 3 to succeed.
                                                                      I Agree!!! I think in a lot of cases this is learned... Generally by loosing a lot of money first. Then you learn what it takes to take emotion outta the bet, how to properly manage what ever betting style you chose whether it be flat betting, labbys etc. As for analytical skills... study stats, watch games, use the web. There is tons of info out there to help you.
                                                                      Comment
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...