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Passive income, is it possible ?

Started by Roulettebeater, May 09, 06:30 AM 2018

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Roulettebeater

Quote from: Steve on May 09, 05:49 PM 2018
Unless you train teams to play for you, there is no passive income from roulette. It requires close attention.

I agree with you, Steve !
This games needs lot of attention, a small error can lead to huge loss
A dollar won is twice as sweet as as a dollar earned

Roulettebeater

Quote from: Proofreaders2000 on May 09, 10:07 PM 2018
RB you could have a passive income "around" roulette Example: selling systems, computers (like Steve H. does) or merchandise "t-shirts, coffee mugs, hats, etc."

Just set up your website selling those things or E-Bay :)

Good tips, thx
But why should one bother if he is earning enough money from playing.
The main issue is the effort, time put into it, i am looking for a way to minimize these factors
A dollar won is twice as sweet as as a dollar earned

Roulettebeater

Quote from: ahlidap on May 10, 05:28 AM 2018

My only gess would be coding it on RX for example on the supported casinos, if that's possible.
As only you know how it works, no one can say it can be easily coded with rx, or other alternative.

Can you please explain more ?
I didn’t understand how can your suggestion turns it into a passive Profit’s buildup 
A dollar won is twice as sweet as as a dollar earned

ego


Well, it makes me happy to see that you will continue to work and keep your job.
Many don't understand what it means to play professionally.

Someone would need the skills to make 10.000 Euro on regular basis, not 100 Euro.
For example a weekend trip and attack big and get home after four days visit, that kind of gambler.

Is a smart and clever decision to keep your job and work for a living.
The main reason is the pension.

Think about it, when you grow old or reach 65 years and should have an independent lifestyle where your pension is your main income.
Then you might live from 65 to 90.
That is 35 years.
Now assume you will have a good lifestyle with 2000 Euro each month for bills, food, and travel.
There is 12 months during one year and would sum up to 24.000 Euro a year multiply by 35 years of living... 840.000 Euro... LOL who will make that kind of money gambling, no one.
Denial of gamblers fallacy is usually seen in people who has Roulette as last option for a way to wealth, debt covering and a independent lifestyle.  Next step is pretty ugly-
AP - It's not that it can't be done, but rather people don't really have a clue as to the level of fanaticism and outright obsession that it takes to be successful, let alone get to the level where you can take money out of the casinos on a regular basis. Out of 1,000 people that earnestly try, maybe only one will make it.

Roulettebeater

Quote from: ego on May 10, 02:20 PM 2018
Well, it makes me happy to see that you will continue to work and keep your job.
Many don't understand what it means to play professionally.

Someone would need the skills to make 10.000 Euro on regular basis, not 100 Euro.
For example a weekend trip and attack big and get home after four days visit, that kind of gambler.

Is a smart and clever decision to keep your job and work for a living.
The main reason is the pension.

Think about it, when you grow old or reach 65 years and should have an independent lifestyle where your pension is your main income.
Then you might live from 65 to 90.
That is 35 years.
Now assume you will have a good lifestyle with 2000 Euro each month for bills, food, and travel.
There is 12 months during one year and would sum up to 24.000 Euro a year multiply by 35 years of living... 840.000 Euro... LOL who will make that kind of money gambling, no one.

EXACTLY!

The Pension besides the stability in the job which can provide an upper assurance for oneself.

Roulette or professional gambling  in general is a way to increase the wealth but shouldn’t become an obsession or a way to create a wealth !
Most amateur players have a problem with regards to this particular aspect, obviously many of them have been led to the hell because they failed to take the reward/risk factor in account.
A dollar won is twice as sweet as as a dollar earned

Nimo

Time management and or lack of sleep.  You can't really control your work hours as they tell you when to work stop.  With your family, they have priority of your home time.  With things to do around the house, delegate to your kids if they are old enough, if not take into account paying someone to do your yardwork etc.  If you are averaging $75-100 per hour, paying someone a few dollars here and there won't cut into it too much.  Finally if all else doesn't work, learn to live with less sleep.  Time is a constant that we all make other sacrifices to.
If all the world is a stage, who is left to be the audience?

jekhb76

If you have a system that can be played with a min of 1 euro/dollar and a table limit of 500 euro/dollar and you have a system that can grand you a min. of 200 units in 8 hours work, i would give all up to just do that. But only if you are certain that your system can deliver that everyday for 5 days a week (Mo-Vr) Weekend is for your family. Work hours from 10.00 - 18:00.
If your system can deliver that for 100% for 5 days a week, for 260 days a year. That's 1000 euro in the week and 4 in the month and 48000 in a year.
Sure why not.!  :thumbsup:

Roulettebeater

Quote from: jekhb76 on May 10, 03:51 PM 2018
If you have a system that can be played with a min of 1 euro/dollar and a table limit of 500 euro/dollar and you have a system that can grand you a min. of 200 units in 8 hours work, i would give all up to just do that. But only if you are certain that your system can deliver that everyday for 5 days a week (Mo-Vr) Weekend is for your family. Work hours from 10.00 - 18:00.
If your system can deliver that for 100% for 5 days a week, for 260 days a year. That's 1000 euro in the week and 4 in the month and 48000 in a year.
Sure why not.!  :thumbsup:

You will be committing Suicide !
Never rely on something that can change in any second.

Rely on something stable like a job, what would you do if in a couple of years you can’t play anymore (say you get ill, blind ...) or imagine what could happen to you if the casino stop offering roulette !

Another dark scenario: after having milked the Casino for a while, you get banned from all casino.

It will be a disaster for you, won’t it be ?
A dollar won is twice as sweet as as a dollar earned

ahlidap

Quote from: Roulettebeater on May 10, 01:22 PM 2018
Can you please explain more ?
I didn’t understand how can your suggestion turns it into a passive Profit’s buildup

According to your statement:

"Thus, I am evaluating ideas on how to automate my play in way I start enjoying „passive income“ from roulette  without investing time in playing"

By code your method on RX (if it doesn't need any human interpretation, of course) and letting RX BOT playing your own system, you're not investing time to play... so, passive income.

isn't it?
;)

Sorry if I'm wrong.

nottophammer

Quote from: jekhb76 on May 10, 03:51 PM 2018If you have a system that can be played with a min of 1 euro/dollar and a table limit of 500 euro/dollar and you have a system that can grand you a min. of 200 units in 8 hours work, i would give all up to just do that.

MPR $1 to $100 the above can be done
How do you win at roulette, simple, make the right decision

nottophammer



TNT is doing it
And yes it's repeats LOL
How do you win at roulette, simple, make the right decision

Roulettebeater

A dollar won is twice as sweet as as a dollar earned

nottophammer

Quote from: Roulettebeater on May 11, 09:38 AM 2018
TNT or West Ham?
Your not one of the missing foreskin brigade ?

Course the hammers are doing it, premiership next year  :thumbsup:
How do you win at roulette, simple, make the right decision

Roulettebeater

Quote from: nottophammer on May 11, 11:04 AM 2018
Your not one of the missing foreskin brigade ?

Course the hammers are doing it, premiership next year  :thumbsup:

Lol..

Your team spoiled yesterday my free-Bonus .
I have received $10 Free bonus so i bet for M. United.

West Ham survived and spoiled my $10 Bet!

You owe me money, Mr. Tnt

:xd:
A dollar won is twice as sweet as as a dollar earned

ego


I will mention something and is not passive income, but I invest in sports betting service rather than investing in stock market.
You get a mobile app and several messages each day with sports picks.

They have proven stats around 107.4 ROI after several thousand placed bets.
So I am flat betting with positive expectation.

Have several sport betting sites apps on my phone so I can place bets no matter I am at work, home, or in the food store.
And the return on investment is much greater than stocks.

This could be an alternative for you, get a message, spend two minutes place the bet and get back to what you were doing.

Cheers
Denial of gamblers fallacy is usually seen in people who has Roulette as last option for a way to wealth, debt covering and a independent lifestyle.  Next step is pretty ugly-
AP - It's not that it can't be done, but rather people don't really have a clue as to the level of fanaticism and outright obsession that it takes to be successful, let alone get to the level where you can take money out of the casinos on a regular basis. Out of 1,000 people that earnestly try, maybe only one will make it.

-