What makes gambing not a reliable source of income ?

[swift]

I think the fact that someone could make huge loss if not been careful actually made some people not to actually consider it as a direct source of income , if not careful anyone that invest without caution into it might be making more losses that would cost the person

What makes gambing not a reliable source of income ?

 

[CR7]

You make a valid point. Gambling is not a reliable source of income for several reasons.

Firstly, the outcome of most gambling activities is based on chance, rather than skill or calculation. This means that there is no way to guarantee a win, and the odds are always in favor of the house.

Secondly, gambling as a profession requires a lot of discipline and patience. There will be times of losing streaks, and it takes skills and knowledge to know when to walk away or continue playing. The rush of adrenaline and the possibility of a huge payout can eat away at anyone's discipline and logical thinking.

Thirdly, gambling can become addictive. It is often said that gambling is a form of entertainment, but if someone starts relying on gambling to provide an income, it can quickly turn into a compulsion. This can lead to financial problems, relationship issues, and other negative consequences.

Lastly, gambling is subject to external factors such as changes in the economy, government regulation, and public opinion. This means that even if someone is constantly winning in the short-term, there is always the risk of something changing that could adversely affect their earning potential.

In conclusion, while gambling can be a fun and exciting pastime, it is not a reliable source of income. It requires a great deal of knowledge, discipline, and self-awareness to make informed decisions and avoid the potential pitfalls of addiction and financial ruin.

 

[Crazy_winner]

Even if a gambler uses reasonable tactics and experiences some short-term success, the inherent unpredictability in gambling can cause big swings in outcomes. It might be challenging to regularly make money from gambling because winning streaks can be followed by losing ones.

 

[saoussen5765]

Even if a gambler uses reasonable tactics and experiences some short-term success, the inherent unpredictability in gambling can cause big swings in outcomes. It might be challenging to regularly make money from gambling because winning streaks can be followed by losing ones.

This is because you are playing against real players, you could bit in the beginning some weak players but you find that there is expert ones are challenging you so you lose your money plus you are paying from earnings this is how online games operates because in table as beginner as expert one could access the table game.