Thoughts on Career Gamblers
Working in the gambling industry is a great idea for those who have a passion for it. This is one of the fastest-growing industries in the world and those working on sites like www.novibet.ie often speak about great working conditions and rewards. This, however, should not be confused with those who consider themselves ‘career gamblers’. In fact, we often get questions sent in around this topic, so today we are going to seek to tackle it. Without further ado, let’s get stuck in.
What is a Career Gambler?
Whilst there is no set definition, a career gambler is someone who takes a methodical approach to gambling, and seeks to earn over the long term. These men and women have a disciplined attitude toward what they are doing and they usually have no other job. For the most part, career gamblers are not ‘betting’ per se, but looking to exploit arbitrage betting, minimizing their risks.
Viable Career?
Career gamblers fall into 2 categories. Primarily there are those who do arbitrage betting, these people basically look for favorable odds differences on 2 different sites, that they can then use to guarantee a return. The only risk of losing money for these people is human error, but the risk is still there. The second category is those who invest a huge amount of time in research and have a solid approach that will see them win more than lose. With this being said, they still lose and can lose big. Regardless of what your skill set is, we would never recommend this as being a viable career choice. There is simply too much risk for us to promote the world of gambling and the word career in the same sentence.
Benefits of This Career Choice
Should you choose to embark on this kind of career, there are some benefits that you will see. For example, you will be working from the comfort of your own home, and be your own boss. Additionally, you won’t be paying tax on gambling winnings, at least in the UK, so there is another great benefit. This kind of flexibility is certainly an attractive feature of this kind of career choice.
Downsides of This Career Choice
Whilst the name and the potential for winning big may seem attractive, we have to remember that there are numerous pitfalls to this kind of career choice. Much like many self-employed gigs, there is no guarantee of income, no sick pay, no holiday pay, and nothing concrete that you can depend on. Beyond this, you are taking risks every day with your own money, and you can lose just as easily, if not more so than you can win.
Ultimately if you fancy a little flutter at a sporting event or having some fun at the casino, there is nothing wrong with it at all. If however, you think that you can follow this as a career, you may find that you are out of luck.
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