Want to Gamble Professionally? Play Poker!

I’m often asked the question, “What is the easiest way to become a professional gambler?” Let me emphatically state that there is NO easy way to gamble professionally. If it was easy, do you know how many people would be doing it? There is no easy way to make money gambling unless you are a cheat or a thief and even then one could argue that it isn’t easy. There is one way that I believe is a bit easier than others. It is probably the safest way, but before I address that let me answer another question.

“How do you define professional gambling?”

This is another of the most frequent questions I’m asked. I believe there are two qualifications that need to be met to classify yourself as a professional gambler. They are:

#1- You must have the mathematical advantage

  • In other words, if you are playing any casino game and you do not have the statistical advantage you cannot classify yourself as a pro gambler. A professional gambler HAS TO have the edge over the casino, other gamblers, the bookie, etc. or else they are mathematically guaranteed to lose over time. Anybody can walk into a casino and win money, but only a select few can do it consistently over time with the advantage in their favor.

#2- It must be your primary source of revenue

  • Yes, professional gambling is a real profession. The IRS will recognize you as a professional gambler. Just like any other self-employed business person, if you list yourself as a pro gambler on your tax records you are able to write off your expenses. This includes travel, meals, and anything else that is part of your business expenses.

If your revenue is generated from an outside source and gambling is simply a hobby you are trying to win money at, you are not a professional gambler. Let me state quite clearly, that is how you SHOULD start your career. DO NOT quit your job and decide you are going to become a fulltime gambler. If you think you have what it takes, do it part-time and track your results. I would do that for at least a year before you even consider gambling as your primary source of revenue.

Professional Poker:

When I decided to gamble professionally I made a conscious decision NOT to play poker. My reasoning was simple. I did not want to beat other players out of their money. I wanted to take on the multi-million dollar corporations and see if I could take their money. I didn’t do it because I felt morally superior it just wasn’t appealing to me. That being said, I think professional poker is the smartest way to go especially if you’re looking for a long career.

When you play poker the house could care less who wins. They take their percentage regardless of the victor. That means all you have to do is find players that are worse than you are. Granted, that’s simplifying things a bit but understand the point, even if you’re not great at poker, if you find the right games, you can still make money. However, if you decide to take on the casino by counting cards in blackjack you’re up against an entire system. This system has been put in place to MAKE money not lose it. It’s much easier to find some rich business man who’s terrible at poker than to take money from a multi-billion dollar industry.

As I stated in the opening, there is NO easy way to gamble professionally. I do not regret the decisions I made because for me it was the right choice. However, if I was consulting someone about their path in professional gambling, I would advise them to choose poker. If you have some ability, it is much more likely you can establish a long term career. Casinos won’t kick you out or harass you for winning at the poker tables.

About Greg Elder

I was 37 years old, a husband and father, a former teacher, college and high school basketball coach, and a business owner, I decided to give it all up (Not the husband and father part) to take a shot at pro gambling. I was coming off a job I hated selling insurance, and I vowed to do something I was passionate about. For the next year I would spend 12-15 hours a day researching, studying, and practicing advantage gambling techniques. The goal was to see if I could sustain our current lifestyle as a professional gambler. I wanted to find out if casinos really could be beat. At the time, I thought it may be the biggest mistake of my life, but my intentions were to have fun trying. It has been an interesting few years since that journey began. My feature book GAMBLERS FIGHT BACK has been released and can be purchased on my author site at www.GREGELDERAUTHOR.com I would consider my pro gambling career to be a success on all fronts. I didn't win millions of dollars, but I was able to enjoy every minute of it. It brought an excitement and passion back into my professional life. It has helped lead me to a writing career that I had no idea I even wanted before this challenge. I was able to write a book that shared with others exactly what I learned along the way.. Gambling professionally is not easy, but there are certain things the average gambler can do to increase their chances of success tremendously. That's the information I try to pass along to my readers.

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