Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

Must checkout:

❓ASK Could we consider betting as a source of income ?

Salimo1

Platinum Member
LV
0
 
Joined
Apr 16, 2021
Messages
817
Reaction score
26
Points
35
Location
Taounate
BMF Points
$1,440
I was a very active member of BET 365 site , I used to bet each day on some sports events of football and tennis , I won for 7 consecutive days so I was glad with the Idea that betting may be a source of income if we know how to play but in the eighth day I lose all what's earn in the previous days almost .
So in my opinion betting will never be a source of income even if we are lucky enough to win a huge amount of money , cause we are always threatened to lose , what's your opinion so far ?
 
Solution
Betting is considered a great way to destroy your life and many people get bankrupt due to this evil habit. Gambling addiction is a serious issue that has made many people financially powerless. I am glad that I do not have this addiction. Trading is far much better than gambling.
It could have been a source of income but the risk associated with is unmanageable. Even though you can make good sum of money with gambling, it is better to leave else you will have yourself to be blamed.
Addiction is very bad and gambling can make you spend your monthly income without taking a second thought due to addiction and with the hope that you will win.
I am not urging others to stop betting but I advice gamblers to bet only with 0.01% of their net worth , otherwise they will threatened by losing all their money , it is not easy at all to predict the outcomes of matches especially when we combine many matches to increase our earnings .
 
How do we define source of income; a platform or activity that we can always rely on when we want to attend to our needs.
The uncertainty in gambling cannot be use as a scale to match the source of income reason been that success and failure are always interchanging and the probability of you losing everything is high.
 
I am not urging others to stop betting but I advice gamblers to bet only with 0.01% of their net worth , otherwise they will threatened by losing all their money , it is not easy at all to predict the outcomes of matches especially when we combine many matches to increase our earnings .
Yeah, I agree with you. However, every gambler has a choice to choose which games or categories he or she will stake on. Using 0.01% to gamble is quite reasonable but it's not profitable if you review how much time they will spent and their efforts. 0.01% of someone income is not sufficient enough to gamble with. Therefore, I think it's more advisable to stop gamble if you are not will to take risk.
 
That's a very risky source of income. Betting is a game of chance and no matter how one can be good at it there is still high rate of loosing even if the beast team is playing. i would rather consider it as a secondary passive form of income while i do something else on the side
 
Yeah, I agree with you. However, every gambler has a choice to choose which games or categories he or she will stake on. Using 0.01% to gamble is quite reasonable but it's not profitable if you review how much time they will spent and their efforts. 0.01% of someone income is not sufficient enough to gamble with. Therefore, I think it's more advisable to stop gamble if you are not will to take risk.
Yes stoping gambling is always a good choice , even though gambling could be a way for rich smart to increase their fortune and it is also a danger for greedy poor people who could starve more due of this , just bet with small percentage of your income cause the probability to lose is more than the probability to win .
 
For many people, the answer is obviously nope, not at all. Unless you have insane fund to start your gambling career and really good skills to avoid too heavy of a loses, in the end the home will always win. You need an insider knowledge to continually win against a casino.
 
Betting is the easiest way to lose your money
I tried it some times , but the results were very very bad !
They let you win one or two times then you start losing , and when you do you start putting bigger and bigger amounts to recover your losses until you end up losing everything
Just stay away from it
 
Betting can actually be regarded as a source of income, but not a reliable one. So no one should view it as a primary source of income. Your winnings cannot be predicted and everything is all based on luck. But it actually brings in good income for some.
 
Definitely, you can regard betting as a source of income although not a primary source because betting is not a guarantee and you can't depend solely on it, unless you're unwise. I've seen a man who depends majorly on betting, he even sold his father's land just to bet. He's a shadow of his former self.
 
Not every gambler have the luck of betting and succeed but to those that always make it from there I think there own answer to this good question will be yes,so to me as well I think betting helps us sometimes to make a good savings that is if you gain .
 
Betting can actually be regarded as a source of income, but not a reliable one. So no one should view it as a primary source of income. Your winnings cannot be predicted and everything is all based on luck. But it actually brings in good income for some.
Well, you might be right.
Even though it's obvious that gambling is based on luck, most gamblers does not believe it. Most of them believe in statistics and strategies. They also believe that taking good statistics could help them develop a working strategy for a mean time which could help them boost their chance of winning and minimize loss.
The provision of additional bonuses to gamblers by gambling sites also keep them going and some of them do earn from it but majority loses. The only way you can make money reliable money from gambling is by having your own gambling company.
 
It is not going to be a wise idea for you to consider gambling or any kind of person as a reliable way of making consistent income. This is because you do not always know how the outcome of a particular event is going to go and I thought you can be able to lose money consistently .
 
There is no way you can accurately predict how the end come of events is going to be an as such this is not a reliable way of making money. I will advise that you should go into forex trading or at least learn a skill where you can be a guarantee of a particular amount of money at the end of the month then bet with what you can afford to lose.
 
Suppose let's say you won big amount one day by betting and you are momentarily satisfied and stay yourself away from betting the next few days. But after few days , you will start feeling again the thirst to gamble and win even more than what you have won before and start betting with that previously won money again to only lose everything at the end. So in long run , greedy people can never make money from gambling. That's my observation as well as an experience.
 
A wise man will consider all forms of gambling (including betting) as the source for losing, not for gaining. People gamble for level fun, a small win makes them addicted, and in the end they lose all the money, they squander their investment.

If you want to bet, then be sure to keep in mind that the installment invested in it should be affordable if you gain nothing.
 
I am not urging others to stop betting but I advice gamblers to bet only with 0.01% of their net worth , otherwise they will threatened by losing all their money , it is not easy at all to predict the outcomes of matches especially when we combine many matches to increase our earnings .
Betting 0.01% or 10% of net income makes no difference in the long run. Because you will surely bet with higher amounts in future as a result of greed or an urge to recover if you have lost few bucks. So , it's always better to completely stay away from betting or just bet to have fun , not with the intention to earn bucks.
 
What is needed is self control. If you don't have it don't even think if going into betting. It has wrecked many people financially. But of course there many people making money consistently from it. Just follow the golden rule in betting, never bet what you cannot afford to lose. Or better still don't bet at all.
 
It's not even right for someone to think about that let alone having to practice it. Of all things to take gambling as, you can't possibly imagine it to be one's source of income.
There is a possibility that you will earn from it maybe at the initial stage but it's almost impossible for you to stay lucky forever. One day luck may not be by your side and you will lose your life time hustle.
 
Well you can't consider it because it is a gambling, you can only considered to make money on something which you are very sure will be profitable , a situation in which there is a 50% chance of losing and 50% chance of winning is not really a good reason for people to consider such as a good source of income , you will only be able to make profit out of Luck.. a lot of people are considering cryptocurrency as a way of making constant income , generally that one is understandable.
 
I was a very active member of BET 365 site , I used to bet each day on some sports events of football and tennis , I won for 7 consecutive days so I was glad with the Idea that betting may be a source of income if we know how to play but in the eighth day I lose all what's earn in the previous days almost .
So in my opinion betting will never be a source of income even if we are lucky enough to win a huge amount of money , cause we are always threatened to lose , what's your opinion so far ?
I have never seen gambling to be a source of income no matter my success rate, gambling will make it seems you have a strategy or pattern you can follow but in long term it's setting you up to lose your funds.
Gambling should basically be for fun and pleasure not for dependency.
 

📢 Recommended Partners

Paykassma - Accept Payments Online  | Payment Processing since 2019 Payka$$ma
Leading solution for accepting high-risk payments since 2019
5.00 star(s) 1 ratings
Updated
MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
1.00 star(s) 1 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 4: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.