How to Make a Living Gambling

Trust us, dealers appreciate any tip, large or small. Yes I have for many years. A professional enjoys what he does, but knows at the end of the day that he has to keep what he does about business. This is perhaps the most important rule. Once again we return to our So You Want My Job series, in which we interview men who are employed in desirable man jobs and ask them about the reality of their work and for advice on how men can live their dream. Click below to check it out. She will leech you dry and then bury you alive under a pile of flesh eating beetles before building an explosive broken glass factory on top of the pile, then burn it down.

What Is an Edge, and How Can I Get One?

Becoming a Professional Blackjack Player

Why is online blackjack popular? Is online blackjack a scam? Answered Sep 7, Hey there, Blackjack is a popular game because with a few strategies if you're not counting cards and you cannot online , there is a way to lower the odds of the house and make your chances to win money online higher.

Still, there is a way you can win money from the side, good money and enjoy the game as well. Here is an easy to use blackjack strategy you can use online and win some money. Try it with play money or lower stakes at first and once you get the hang of it, bet with higher amounts. Go to the YouTube page of this video as well and in the description you'll find a link to free casino cash without the need to deposit, give a go and enjoy your game!

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The objective of the game is to beat the dealer in one of the following ways: Get 21 points on the player's first two cards called a "blackjack" or " natural " , without a dealer blackjack; Reach a final score higher than the dealer without exceeding 21; or Let the dealer draw additional cards until his or her hand exceeds Wikipedia Players can make larger bets when they have an advantage.

You cannot really make money in the long run because counting cards is impossible. This is due to the fact that they generally reshuffle after every hand. Also, I have not yet seen great casino game rules for blackjack online, which also take away from the player's chances. Even in real life, blackjack is hard to win at if you count cards because of variance, bankroll, and casino heat.

Online, the computer is flawless and thus cannot be taken advantage of in ways in real life. This also requires the dealer to make small mistakes, which is impossible for a computer. Other cues dealers give out unintentionally cannot be taken advantage of either online. Answered May 6, Winning in blackjack, in the long run, requires that you are able to count cards and adjust your betting based on this follow the basic strategy of blackjack In online casinos, the deck is shuffled after every hand, making the card counting useless.

Answered Mar 4, Playing blackjack for a living is possible, but not for everyone… I bought my house with the money I made from card counting! Answered Mar 26, Most of the answers are right that you cannot earn money "counting cards" in online blackjack.

However, the question did not specify counting alone. There are people who make money playing online black tournaments. Answered Mar 17, One cannot earn a living by playing online Blackjack. But yes, one can definitely earn extra money from it by choosing the casino well. Look for those casinos who offer huge payouts and bonuses. So when you win you will get considerably good amount. Answered Mar 2, Answered Dec 10, Answered Feb 25, Related Questions Can I make money playing blackjack?

Can you win playing Blackjack? Why is blackjack called blackjack? What online casinos provide good blackjack games? Can you play blackjack online against a live dealer? Why do people play Blackjack? Where can I get tips to play Blackjack online? Which are the legal online casino sites? When I was playing, it was just a matter of being a poorer but better player, playing for wealthier men who could barely hold their cards, and staying in the business as it evolved. Today the business is changing, as tournaments are becoming more popular among emerging talent, despite the fact that they hold less money over the long term and that people are committing to poker and blackjack over baccarat and craps.

The second part of that answer would probably take a book to explain, and more experience than I have if you wanted an idea of how it works beyond how I do it. My booking agent for most of my career has been my dear friend, Albert Hull, the man who swung me an invitation to the Portland Club.

Albert has made his career, and much of my own, finding games for me to play, or money for me to play with. Generally, one of us gets wind of new money in the system, or a juicy game down the pipe, and we start our engines.

If new money is in the system, Albert, being a real blue blood, and a man with a legitimate job and some actual connections, woos the financier until they agree to open their wallets and give us a taste, and I just grab the nearest chair with a deck of cards or handful of dice in reach.

If a game is in the pipes, Albert taps one of our reliable money people, and I start making waves about wanting a place at the table. I have done a lot of things in my life other than gamble, but nothing compares to gambling with real gamblers. The rush of slowly coming to control the game. The moment of realization when you know you are in charge, the mathematical reduction of each players stock of chips.

The steady duel between you and the other winner. Each of the fine moments that remind you why you deserve to be sitting at that table. Winning is really a letdown after that steep and steady high.

If I had my way the game would never end. But if you draw it out forever and never go for the throat, you lose control, and they eat you alive. The price of the high is that YOU have to end it.

A rather terrible realization when it comes to you, really. But then it is that moment of realization that separates the professionals from the hustlers. A professional enjoys what he does, but knows at the end of the day that he has to keep what he does about business. For all the pleasure he derives from it, if he loses sight of the bottom line, he is digging his own grave. A hustler never sees what they are doing for what it is. They think you can balance out the fun and the money, and keep riding the rush.

In this business, just as in life, you must grow up. Because in every single game there is that critical moment when the fun must end and business must begin, and you must put the competition away. A hustler never learns to see that moment for what it is and wins on luck or skill. That is until they meet an old hand who knows the game well enough to survive long enough to learn their style and drive them into the ground once they run out of tricks.

I guess it is a commentary on the job that the best part is a double-edged sword. Horse racing, college games, professional, whatever. Whenever a backer came to Albert or me with a fat stack of money and told us to make him a mint off the next season of his favorite sport we died a little inside. But betting on sports, you control nothing. And luck is the biggest bitch in the world.

She will leech you dry and then bury you alive under a pile of flesh eating beetles before building an explosive broken glass factory on top of the pile, then burn it down. The things I have seen luck and chance do to gamblers over the years are damn ugly. Look at a betting pool sometime, and recognize the math that makes it worth your investment.

That is the nature of luck. And the word for you, the vast majority of players by the way, is losers. It makes me feel like a very bad person. In a game, you can say with some confidence that everyone there is in control and knows the score, but with sports, the entire system is crooked from start to finish. That it is just numbers. Counting cards, knowing the odds, is really not the point. They have a pattern, a series, a system of ticks and twitches and so on that tell you a lot more than, GOOD!

My impression for awhile has been that people think if you sat the internet down at a table that it would be some kind of Rainman winning machine. The issue is beating people who already own the house, a cabin, and several lovely vacation spots. They need to worry about you. It is like playing cards with wolves. You get one, then the other. There is no balance.

When the game is on and the backing is in, you are on a plane. A job is a job, and back out even once, and they might never call again. This is not to say that you cannot date, but if you have any intention of forming a meaningful relationship before you retire, I would suggest a more family friendly line of work, like mobster or deep sea diver.

How would you respond to such critics? Unless there is a lack of space, we sit in private rooms, and we play with no limit. We play with big money and know what we are doing. The reward should always outweigh the risk, and no reward in gambling outweighs getting beaten by a bookie or losing your house on the roll of a dice. And as for people who gamble themselves away in the ordinary casino, I have always had reduced pity for them. Gambling is not a way to make money unless it is the way you normally make money.

And I have met exactly one person who meets that definition, and I do not know that I would call that young man a person so much as a freak. Casinos know they have you fighting an uphill battle the second you step in.

Play the other players, not the house. Quite a lot actually. But I will break it down to three pieces of advice, and anecdotes and tips on request if I deem them reasonable and that is within the rules of our generous host. These are of course, my opinion, and not universal rules. Never bet a penny more than you can afford to lose.

There is no reward in gambling worth going into debt with the people who are willing to let you play. A fraction of the money you have for frivolities, that month. Fun should never be so fun that it costs you or a family member something you will regret.

Regrets are for love and drinking, nor for gambling. In a card game containing 5 players, no matter the game or rules, after 1 hour of play or ten hands there are 2 winners and 3 losers. If you are one of the losers, walk away. The winners are the winners because they are better than you, not because of luck. Luck never lasts long enough to save you from yourself. If you are one of the winners, try to determine if you are the big winner or the small winner.

If you are the small winner, play it safe. These proportions expand pretty well, but let me simplify the principle. There is always a steep ratio between winners and losers in any game. Pocket the winnings, and then decide on a new bet. You will thank me later. Most of my posts are aimed at the recreational gambler.

If you want to check out our detailed info-graphic for a summary of all this information, it can be viewed at the bottom of this page. The first step to becoming a professional gambler is learning enough about probability to get an edge when betting. Casinos stay in business because they have a mathematical edge over most players. Your goal as a professional gambler is to only bet when you have an edge. Probability is just a mathematical way of looking at how likely certain events are.

A probability of an event occurring is always a number between 0 and 1. If an event has a probability of 0, it will never happen. If it has a probability of 1, then it will always happen. You flip a coin. You want to know the probability that it will land on heads. When flipping a coin, you only have one way of getting heads. You also have two possible results—heads or tails. So your probability of getting heads is 0.

That probability can be expressed as a fraction or a percentage, too. When you bet on a particular event, you can compare the probability of winning that bet with how much you risk versus how much you stand to win in order to determine the expected value of that wager.

For most casino games, your expected value on each bet is negative—the casino has an edge over you. You bet on a single number at the roulette table. If you do win, you get paid off at 35 to 1 odds. One other way to express a probability is in odds format.

Since a roulette wheel has 38 numbers, you have 37 ways to lose and only 1 way to win. That means your odds of winning are 37 to 1.

But you only get paid off at 35 to 1, so the house has an edge over you. In all those cases, your probability of winning is low, but if you get paid off enough money, even a low probability bet gives you an edge over the house.

Suppose you play 38 spins of the wheel. You can divide that expectation by the number of bets to get an amount you expect to lose on average per bet. You can express that as a percentage if you like, and in this case, that percentage is 5. Your goal as a professional gambler is to only place wagers where you have an edge. Since your statistical results over a large number of trials should near the mathematical expectation, you can expect a profit if you play long enough.

Blackjack is well known as being one of the only casino games where a skilled player can get an edge over the house. You get an edge in blackjack by learning how to count cards. Your goal when counting cards is to estimate how many high cards tens and aces are in the deck as compared to low cards deuces through sixes. A deck with more high cards results in more blackjacks for the player. Since those hands pay out at 3 to 2, you stand to make more money in those situations.

You keep up with that number by assigning a value to the high cards and another value to the low cards. Then you move your count up and down based on that value every time you see a card. Unlike most casino games, a blackjack deck has a memory, and the odds change based on that memory. Not only do you have to learn how to count cards, you also have to learn how to play perfect basic strategy.

You can also learn a lot about counting cards from good books on the subject. Anything by Stanford Wong or Arnold Snyder is good for this purpose. You have to win over Suppose you place two bets. You win one and lose the other. Suppose you own a sports book. If you want to be a professional sports bettor, you have to find situations where those lines are inaccurate enough that you can win often enough to compensate for your losses and still make a profit. This can be done for multiple reasons.

They do that because they want to keep the amount of action on either side as even as possible so that they can lock in their profit. When that line moves, you have an opportunity to get into a situation where you can expect to win more than The newest way to gamble for a living online is to play daily or weekly fantasy sports contests for real money.

And you face other players for real money. But like sports books, fantasy sports sites also have a vig. In order to operate at a profit, you have to be able to beat your opponents more than You can also play in contests with large pools of players where you have a larger prize pool. You play in a contest with players.

Only the players with the 20 highest scores win any money. An overlay is a situation where the site has guaranteed a minimum prize pool regardless of how few players sign up for the tournament. But any time you get a small edge, you want to take it. But with video poker machines, you know what the odds are of winning the progressive jackpot. Since you know the odds of winning, you can calculate how big the jackpot has to become in order to have a positive expectation situation.

Most professional video poker players work as part of a team, though. Of all the ways of becoming a professional gambler, becoming a video poker pro might be the hardest. You not only have to become an expert player, you have to find great situations. And you really need a team or network to belong to. You have to be good enough to overcome the percentage of money that comes out of each pot. I'm not saying its not a fun job, just not in the way that most conceive it to be now playing it for recreation.

To be honest, to play this game as a job you would have to re learn the game and retrain yourself in a way totally different then how you play it now. Thats the problem with people trying to crossover, if they ever catch on to how to do it, its usually too late and they are either broke or mentally broken or both. I did it with the help of other pros in the beginning. I'll admit I was spoiled and didn't know any other way.

I was staked to a big bankroll and had no family or conventional ties that needed to much concern. That situation does not come along for most. If it didn't happen that way for me I'm pretty sure I wouldn't even been playing the game at all today. Bojack1 , Dec 2, Kasi , Dec 2, You could make your living of BJ, but it all depends on your personal opinion on what are acceptable living standards. What is an acceptable hourly rate for you? Surely you can do it in secret and not tell anybody because you might be ashamed but then why not work as a cab driver in major city and not tell anyone.

This is why I highly advise against having BJ as the only source of income, it kills the fun of the game. If I am up K after a few hours of play I leave, and squander my winnings: Dom Perignon, Strippers, my niece or nephew, some charitable organization lol. You must log in or sign up to reply here. Share This Page Tweet.

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