Gambling for Fun or for Profit: Can You Do Both?

Mar 04

People ask if gambling can be both fun and profitable, and the answer is yes, if you can win and enjoy yourself at the same time. Unfortunately, this is not as easy as it sounds. Winning constantly while enjoying what you do is never done at the same time. This is because the former requires that you pay close attention to what you are doing while the latter suggests that you have to be carefree and enjoying what is going on around you.

When it comes to gambling, you need to choose whether you are doing it for fun or you’re doing it to earn a living. If you’re thinking of becoming a professional gambler, don’t expect your foray into gambling as something you will thoroughly enjoy. This is because you will need to think about statistics, odds, strategy, and the like.

When you do begin to gamble for a living and you consistently win, you will find that what you are doing becomes fun. After all, what is more fun than winning and making money from winning, right? You get to enjoy what you’re doing because of the pleasure that winning gives you, but before you get there, there are a few things you have to learn.

Choosing to Become a Winning Gambler

Before you start on your way to becoming a winning gambler, there are a few things you need to learn. Here is a list of those things:

Pick the right game to win at - The first step to becoming a gambler for profit is to choose the right game. Not all games will allow you to actually gamble for a living. In fact, the majority of the games you find in a casino will lead to losses that you will find hard to cover. If you’re aiming to win most of the time, you need to choose a game that will let you do this. There are only a few that you can choose from and these are poker, blackjack, and sports betting.

Games like Keno, Bingo, Slots, and Roulette may seem like fun and easy games to play but these aren’t the kind of games that allow you to win. Most of these have high house advantage percentages (save for baccarat), which means the house wins most of the time. If you want to gamble for profit, steer clear of these games and only touch these to break the monotony of what you’re doing and not in the quest to win.

Train to win at the game you choose – Before you become a winning player at blackjack, poker, or sports betting, you have to learn all you can about these games. Do your work before the game can work for you. Research strategies, find out how you can beat the odds at these games, and concentrate on learning all you can about winning at the game you choose.

When it comes to blackjack, your best bet is to learn how to count cards. It’s not considered illegal but it is frowned upon by casinos everywhere. To do this, you will need to be discreet when you try your hand at it. You can mask what you are doing by doing more than one thing at a time. While playing, you can talk with others sitting with you at your table and you can keep an eye on what cards are being dealt.

You also need to make the right decisions when you decide that you want to play to win. In poker, you need to have a sixth sense when it comes to the cards that are being dealt. You also need to know how to read the other people at your table to gauge whether or not they have better hands than you do.

In sports betting, you need to understand sports statistics, odds, and the like. You can’t keep on betting on favorites to win if you want to earn enough money from it. To win at any of these games and to earn enough from it, you first need to master the game you choose and to practice with small stakes before hitting them with higher bets.

The Bottom Line

Winning is fun but it is also difficult to do consistently. The only way you can do this is if you have an unbelievable streak of luck or if you know how to win at these games by working at it. The latter is your best option since the former is something that you only get to see in the movies.

For you to actually make money from gambling, you have to apply yourself and to take what you are planning seriously. You cannot go at it half-cocked and expect to earn a living from it. It’s basically an all-in situation. The reason why it’s considered an all-in situation is because you have to devote a lot of time, money, and effort into it before it can earn you the kind of profits that you are looking to make.

The best thing you can do if you want to end up doing both – playing for fun and profit – is to become a master of the game and to win at it consistently that you actually end up having fun with what you are doing. When you are good enough at what you do, it becomes second nature to you and you end up enjoying your wins since these become a little less of an effort for you to do.

Just keep yourself grounded in reality by knowing that even with a well-honed skill at any of these games, there will be instances when you will lose. As long as you stay within your bankroll limits, you can bounce back from such a loss the next day. Just make sure that you follow the other rules of professional gambling so you don’t end up losing more than you should. Also, you should have a fall-back in case you decide to quit gambling for a living.