Can Gambling Make You Financially Independent?

Mike Page's picture
Authored by Mike Page
Posted Tuesday, May 21, 2019 - 6:15am

Do you think you could find a direct connection between the money you would normally wager on your gambling hobby and your gross income? Is there an ideal percentage that would be considered safe to gamble? Lots of people would argue that no one should gamble since the odds of winning against the house are so slim the effort is simply not worth it. However, there are also lots of folks who find gambling entertaining enough to be worth the risk of losing actual money on it. And some of them are wise enough to establish a link between their personal income and the gambling stakes.

Is It A Matter Of Personality?

Some gamblers are more impulsive or they feel the urge to play their favorite titles more frequently than others. If you are count among those who like to play real casinos every time you get the chance, be it online or inside land venues, you should carefully assess your risk tolerance. There is a powerful connection between it and your personality, as well as the gross income amount you should put aside for your gambling purposes. If you consider yourself to be more conservative, and you do not enjoy making impulse investments or life decisions in general, you will probably not bet large sums of money on a single game or hand of poker.

However, depending on the course of a game, and players' skills, determination, experience, and game strategies, the winnings could be reassuring enough to encourage them to keep making larger bets. The gaming and betting strategies if each player varies from one player to another, some gamblers know they have better odds of winning a game of poker than a game of 21 or blackjack. However, they might prefer to play 21, in spite of the greater risks of losing more money. It's a thing of control, personality traits, and mentality.

Safe gamblers like to put a certain percentage of their income aside and use it to wager on whatever they feel like, whenever they feel like doing it. The main secret is to be able to feel alright about playing the money on a few rounds of poker, bingo, roulette, or slots, and not regret it later on. If you can control yourself and budget your gambling habits down to every penny, you should be fine. And it should also motivate you to keep on going forward and potentially round your income.

How Much Does Your Entertainment Cost?

It all depends on the degree of importance you normally give to your need to have fun, relax, and enjoy yourself. At the end of the day, you will know just how much you are willing to invest in your unwinding. You can choose to replenish your fund and keep going or call it a night. Lots of players use free casino money when they do not want to wager money anymore, but they still want to play their favorite games.

The fact that you can easily get access to web-based casinos such as and play thousands of exciting games you had no idea existed or your all-time favorite classic games make these financial decisions even more difficult to make.

Can Casinos Make You Rich?

You might have heard of people who have chosen to quit their regular 9 to 5 jobs to dedicate their entire existence to playing poker or blackjack. And there are also lots of professional poker players you must have heard also read about – and their mind-blowing winnings.

Most of them would tell you that it is almost impossible to get rich from a material point of view unless you also enrich your mind and adopt the right winner's attitude. The odds of betting against the house and winning huge jackpots are known to be pretty slim. You can always take a look at the odds associated with the games you are most interested in and find out what are the best strategies to follow to increase your chances of winning. It is also advisable to watch the pros behind the table, blackjack, roulette, or slots tables and machines and see them in action. Find out what brain foods they eat to get better inspiration, what activities relax them before a big tournament or game, what they do to improve their skills, and the list goes on.

Reaching the right balance between skill, practice, experience, desire to win and the right kind of mentality could increase your chances of actually make you financially stable.