From Compulsive to Professionalism

[IndianGuru]

Dear Forum members:

Any thoughts on  transforming form Compulsive Gambler to Professinal Gambler. Is it possible at all?
or it is just a wishful thinking?

[Turner]

Dear Forum members:

Any thoughts on  transforming form Compulsive Gambler to Professinal Gambler. Is it possible at all?
or it is just a wishful thinking?

My view?.....i would hate to get to 5 o'clock here where i work after some of the days I've had recently and be told i wasn't getting paid. Or worse...i owed them money. Compultion ever time for me

[ginger]

Dear Forum members:

Any thoughts on  transforming form Compulsive Gambler to Professinal Gambler. Is it possible at all?
or it is just a wishful thinking?

Hi IndianGuru,

Better to have a job ( if possible ) with Roulette as a hobby.

Cheers

John            Rotterdam

[Ralph]

If anybody depends on your economy, never take gambling as job.
Gambling can work, but  is not very safe, at least have something to lean back to in case of.
The  career may be short!

Win the money first, and then consider a break from the job.

I think there are two kinds, that one who won much once, and retired, and the other kind
who has debts, not have any secure life, but still stick to it.

I spend much time on roulette, but I am not depending of it for my living. I have sometimes
been able to live a bit better for periods due to winnings.

[VLS]

IndianGuru

Single?

Married?



Single:

First be certain you have "your" holy grail fully worked-out, from all angles: recovery mode, contingency plans, maximization of winning runs, have mastered discipline and you are at the "no guessing" level already... You have the winning plan, and you are now left to play it...

At this point, you can stack yourself with enough bank to live off without working for -say- 6 months and you might attempt to make it.

Married:

...Don't even try to convince your wife you are going to quit your job for gambling. Seriously. It can have deeper consequences.

Just do your thing; play "your" grail, and pamper her with the money.

When you are making more with gambling than what you're making with the day job, tell her you might want to try to reduce your working hours... but my best advice is to never insinuate you want to quit entirely.

With kids:

Why aren't you at the office right now?

[Proofreaders2000]

Any thoughts on  transforming form Compulsive Gambler to Professinal Gambler. Is it possible at all?
or it is just a wishful thinking?--IndianGuru

Wishful thinking.  It is easy to be complsive even slightly in a casino environment, with all of the distractions.  That's why imo it is good to go with a friend who can help with a stop-loss.

[Gizmotron]

Any thoughts on  transforming form Compulsive Gambler to Professinal Gambler. Is it possible at all?
or it is just a wishful thinking?

There is one true way to break the compulsion. Practice at home using virtual
bets, with no real money in play. Stay out of all casinos until you can win in
practice. Then set some conditions of money management if you ever do
plan to use real money. You must master self control first. Pain and
disappointment are harsh lessons to learn. They may be prerequisites for
many of us. They were for me.

[Bayes]

It is easy to be complsive even slightly in a casino environment, with all of the distractions. 

One way around that is to not play in a casino environment, but online.

The hardest thing for me to learn was how to deal with losing streaks. Many players when losing will panic and start to bet heavily in order to get back to even ASAP - big mistake. But, that said, if you've done your research and have a plan for all eventualities, you won't panic. Losses are an inevitable part of the game - no pain, no gain!

[xxlakis]

I guess if you are a billionaire it's not bad idea to become professional.You can survive even as a millionaire....

[Skakus]

Dear Forum members:

Any thoughts on  transforming form Compulsive Gambler to Professinal Gambler. Is it possible at all?
or it is just a wishful thinking?

First thing is if you're compulsive then forget about becoming professional. The two just don’t mix.

Second thing is if you aspire to become a professional gambler then you will need more than just roulette to do it.

Third thing is be prepared for everyone you know or ever meet in this world to unleash their dogs upon you.

Good luck with it friends.

[Bayes]

Second thing is if you aspire to become a professional gambler then you will need more than just roulette to do it.

Why?

[subby]

Mastering discipline is THEE most important thing to prevent c***y mistakes

[Skakus]

Enduring say 200 spins per day with a realistic average of +2% edge, betting $100 per spin is 200 x $100 = $20000 turnover x2% = $400 per day income. That’s a lot of work for only $400.

To achieve anything like this you will need a big bankroll, probably at least $50,000 most of which, if you’re lucky, you won’t need to have in your pocket each time you play. You might never have to tap into the bulk of it, so some other investment strategy is needed for your latent bankroll. It would be silly to just leave $40000 under the pillow when it could be working for you in some way.

There will be lengthy spells where your play earns nothing or even loses money, but life’s bills keep coming in, so even if gambling professionally you should always have some backup income to see you through the lean times because you don’t want to be tapping into your bankroll to pay the rent or get the car fixed, etc. And by lengthy spells I mean weeks on end making nothing but comps (which are fun).

The solution to all this is to have an even bigger bankroll, but at some point in the calculations the bankroll becomes so large that you don’t need to gamble professionally because you can just live off the interest of your huge bankroll and gamble for leisure and entertainment.

That should be the goal of all aspiring Pro’s. To bloat out the bankroll to such a state that you no longer need to gamble for a living.

[Skakus]

.

[VLS]

That should be the goal of all aspiring Pro’s. To bloat out the bankroll to such a state that you no longer need to gamble for a living.

+1 &