#41

Used to play a lot of online poker. Made a few thousand, that went on part of a deposit for a house. Not 100k or anything. Don’t really play anymore as I don’t have a bankroll and can’t be arsed to grind the micros or risk a lot. It’s a mentally brutal game poker/variance. Doing it professionally for a living would drive me insane/to depression. Also online poker is dead and/or dying. Much harder to grind out a PRoFiT

#42

I know. Sounds hellish. But from what I can gather it suited him perfectly. No physical interactions apart from delivery people.

1 Like
#43

What kind of delivery services was he using?!

2 Likes
#44

A friend of mine quit his highly paid engineering job to play poker, he earns substantially more from the poker

#45

Seems one of those things that sounds so easy. Just how hard can it be to win, say, a tenner an hour, for 8 hours a day? Give it a go! Whack a tenner on something with 2/1 odds or better. GO GO GO! I BELIEVE IN YOU RUFFERS!

Of course gambling is symptomatic of all of capitalism and society’s evils or something something.

BUT FREE MONEY THOUGH EH?

#46

Someone who left my work recently is attempting to make a living trading stock, currency, bitcoin etc

Similar kind of thing as it is essentially gambling, and its a case of making lots of trades, some he’ll win, some he’ll lose, but ultimately turning a profit

he says he likes it as he has no employer and no customer, I get what he means, not entirely sure I could stick it though

#47

I’m not doing it of course, I was wondering how likely it was that my mate was lying

#48

friend of mine was working in an office job he hated then won £24k in a weekend tournament and decided to go at it full time. no tax so that £24k was the equivalent of about £30k salary (ish)

this was after he’d been playing loads through uni and for years afterwards though so he’s got shitloads of experience in it, it wasn’t just a lucky start

as other have said, it’s a difficult and inconsistent life but he’s sensible with the money he earns and has had a couple of seriously large wins (one over £100k) which justify his decision to go for it full time

he’s got ludicrous self control, there was a long period of time where he was literally doing 9-5 in the casino to make sure he had a routine… no way i’d keep that up for longer than a week

#49

Everyone who gambles regularly lies, either about what they win, what they lose or both. It therefore makes sense that most of these people who claim to earn a living via betting would be fibbing. Not that it isn’t possible, i’ve looked into spread betting, but it was so fucking boring that i might as well just work.

I’ve met a lot of people who clsim to be professional gamblers. Only one that i know of actually was and seemed good at it. He was a pretty good poker player, to the point that he’d have big wins at casinos and ended up working for a website, betting from home. He knocked it on the head within a year, though, so how lucrative could it really be if he didn’t feel it viable even when not betting with his own money?

If you’ve got capital, your best chance would probably be big stake bets on low risk outcomes. If, say, United, or Dortmund, or Juve are at home to a poor side pile on and take the 15% or 20% profit. You might get unlucky, though, and it certainly isn’t a career, but i think you could earn a few hundred quid a month quite easily.

#50

A friend’s ex boyfriend makes a living playing poker online. And he does quite well out of it. He wins some, he loses some, but he’s putting £40k plus in his bank acount each year and doesn’t work a regular job at all.

#52

Reckon it’s pretty easy to make decent money with exchange betting if you’re methodical enough.
I’m definitely not though and lose loads on stupid spontaneous bets
Also would become a bit of a grind to do full time, think I’d rather keep my boring office job

1 Like
#53

This is clearly total, total bollocks.

3 Likes
#57

I’ve got a £1 accie on the 3pms today, printing money m9s

#59

Yeah but that’s exactly the same fallacy as people who think past lottery results are an indicator of future results.

#61

I put my R2D2 dice box together a bit wrong and now I’m fighting back the tears.

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#62

Was reading about this kind of thing last week. Allegedly some of the statistical analysts at Premier League clubs say there’s no evidence of things like bogey teams etc, yet football fans the world over will still swear they exist.

1 Like
#63

It’s almost like gambling is literally like… gambling.

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#64

Fiver says you’re right! :money_with_wings:

#65

One thing that’s interested me is the concept of matched betting - basically you place a bet for a certain result with bookies and against that result (lay bet) somewhere else. The way you make money from this is to, with the aid of some simple maths, use free bets that bookies award all the time on the lay bet, and you’re always guaranteed a profit. From what I’ve heard though, to make any proper money you almost need to treat it as a full-time job.

#66

I mean if you’re quite good at odds/have a calculator you could just do it without the free bets and invest a lot more on the most likely events. But that sounds like even more work and you’d probably need a pretty big purse to begin with.