Professional Gambling As A Hobby
This post answer three major questions.
1. What it takes to become a professional gambler?
2. Why you should not take up professional gambling if you can find an alternative source of money or income?
3. Why not take up professional gambling as a hobby as a compromise.
What is your response after reading Blackjack Hall of Fames Part 1 and 2, The Rise of Blackjack Professionals Part 1, 2 and 3 and Blackjack Team Play.
The idea is to let you have a glimpse of the lives of successful professional gamblers. In short, what it takes to become a professional gambler. The price you have to pay. The risks and obstacles you have to overcome. Gambling is a risky profession. Gambling is also an unstable profession. What about professional gambling. Professional gambling is a scary profession. How do you handle these three major problems?
Professional gambling is just like any other profession. It is a journey of a thousand miles that starts with a single step. A good way is to take up or learn professional gambling as a hobby. For the talented you can turn pro later . When you practise professional gambling as a hobby, you eliminate both the inherent risk, the unstable nature of gambling and the scare of professional gambling.
With your skill as a professional gambler, gambling becomes a wonderful recreation without risk and instablity but with ample entertainment rewards and satisfaction at the expense of the casinos.
How do you know whether you will do well in professional gambling. It takes many years of learning curve to master professional gambling. It is not easy to make a living in professional gambling. Very few make it. In my opinion, gambling is the worse profession to pursue. The traditional professions like doctors, lawyers, accountants, engineers, architects, teachers fared much better.
You may have come across many individuals who are sports professionals like football, basketball, baseball, boxing, crickets, rugby, golf and so on. Gambling can be considered as a special kind of sports. Within this category, gambling as a profession is possibly the most unrewarding profession. As a consolation, you can always plan an exit strategy in professional gambling just like the way capitalists plan their exit after selling off their business.
The only way to keep improving over long periods of time is to keep a log book just like the your lecture notes and exercise books during your college days. Go though your log results and find ways to improve them.If you have any flawed belief systems or any flawed behaviour, you must find ways to eliminate them. Seek help from your mastermind support group. If you do not have one you have to form one. In professional gambling, it is just not possible to do it alone.
The best way to handle your pride and ego is to learn the spirit of sportsmanships. My advice is to take baby steps. Keep improving on your baby steps until you see a sudden jump in standards. This is just the law of nature. When water reaches 100 degree centigrade, it has to turn into steam. You may have seen how pride, ego and chasing after instant gratification contribute to the downfall of many promising professional gamblers. When water get heated too fast it explodes. It would not turn into steam.
MASTERING TECHNICAL ISSUES
Emotional maturity is probably the most important quality of a professional gambler. It takes time to learn the technical issues in professional gambling.You have to learn how to handle variance. You must not deny, justify, lay blame, or give excuses. You admit your mistakes and learn from your mistakes. You admit your weaknesses and take steps to strengthen your weaknesses. Correction is the answer. You must not be jealous of the successes of your fellow professional gamblers. You respect them as master and learn from the masters.
HANDLING CASINO SCENES
You may have encountered some common casino scenes each and everyday. “I was influenced by the fellow player. This unlucky player brings bad luck. The stupid player judged the cards wrongly. Handphones keep ringing. Croupier irritates me, takes too long to exchange money and count chips”. If you want to become a professional gambler, you have to take steps to turn these casino scenes into your comfort zone.
In addition you must be able to handle bet spreads including some occasional big bets. You need to develop the guts to push out the bets. You need to be well financed. You can play at the level of professional gambling only if you have a sufficient bankroll.
More importantly, you need to have a flare for mathematics. This is probably the single most important factor. This will win you more money than any other factor. If you don’t know the mathematics, you have to learn it. If you don’t like mathematics, professional gambling is not right for you.
As in any endeavour there are obstacles, lots of them. Mental preparation is the key. Stories from successful professional gamblers revealed that they are very often ridiculed, humiliated, suspended and even barred from casino play. If you are not aware of this, read my posts on The Rise of Blackjack Professionals
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Matured personality and self-awareness go hand-in-hand. Take steps to eliminate your weaknesses and execute maximum restraint to engage in impulsive activities that are beyond your gambling plan. Going on gambling tilt, drug abuse, bad diet and any form of excessive indulgences will definitely affect your performance. Irrespective of which games you play, which system you use, your success invariably depends on the combination of these three variables – mental alertness, money management, and mathematics.
The gamblers Book Club in Las Vegas is a great place to start. Here, you can find all the books on the aspects of gambling that interest you. You should have proper learning plans in your pursuit of professional gambling. The internet now offers more opportunity for learning than anything you probably have ever seen in your life. Gambling conferences are another great place for learning but I don’t normally attend these functions. Las Vegas used to be the place where most professional gamblers were trained. It used to be the springboard for professional gambling but with the internet and opportunities in many other parts of United States and Internationally, this is no longer as exclusive but it is still a great place for new contacts and a place to learn and develop your professional skills.
You should have realistic expectations in the outcome. You should expect both positive and negative swings in your bankroll. If you decide to be a blackjack professional, you will at some point lose 60 top bets during your career. If you play long enough you will have a losing year. I repeat, “lose top 60 bets and one losing year.” You would see the upswing and downswing due to variance.
If you pass these series of tests, and emerge unscathed, then you have graduated and qualified as a professional gambler. Professional gambling has been known to be very demanding on your time as well. More than eighty hours per week of gambling research and gambling time is the norm. In addition, professional gambling is a profession that will take over many major aspects of your life.
If you have the ability to make more money doing something else you probably should return to where you belong. Professional gambling as a source of money can be very draining on your life. In the long run, it is difficult to justify professional gambling as a bona fide profession.
Professional Gambling as a Hobby
In professional gambling you are totally independent. The only person that you need to answer is yourself. Chiefly, the mold of a man’s fortune lies in his own hand. Besides the controversial “entertainment”, professional gambling contributes nothing to society.
As a compromise, why not just take up professional gambling as a hobby. If you decide to take up professional gambling why not just made it five to ten years. You can always return to where you belong.
I have taken you on a tour to have a glimpse of the lives of successful professional gamblers. In short, what it takes to become a professional gambler. The price you have to pay. The risk and obstacle you have to overcome. Most of you must be shocked to see the iceberg beyond its tip. It is no wonder that you are giving away so much money to the casinos.
It is the purpose of this blog to awaken the public to the reality of casino gambling. This blog hope to expose the illusion of gambling and that gambling truly brings out the worse in men. The financial dream of professional gambling is not only hazardous but also not worth pursuing. Gamblinghelp.biz hopes to improve the lives of people whether it is responsible gambling, recreational gambling, professional gambling, compulsive gambling or quit gambling.
KEYPOINTS
1. Profesional gambling is risky, unstable and scary profession.
2. A good alternative is to take up professional gambling as a hobby.
3. When played as a hobby, professional gambling allows you to enjoy gambling lifestyle as a winner while eliminating most of the problems faced by professional gamblers.
If you have any question, email me at soondr@gmail.com
REFERENCE: financial-spread-betting.com
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