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So, what exactly is a professional gambler?

A professional gambler is a person who lives from gambling and spends most of his time at the casinos. Professional gamblers are actually earning their paychecks by making the right bets when they play at the live casino tables.

In this article, I will go over some general misconceptions about casino gaming as well as go over a few real-world examples, gathered from several friends of mine who are professional Advantage Players. We won’t give out real names or when these “adventures” occurred, but rest assured this is about as truthful as an accounting of what real-world play is like.

The gambler lifestyle has been portrayed by Hollywood, and more so, by commercials for casinos, to be a glamorous one. Men are always dressed sharply and women are in their best gowns and, both seem to be having a wonderful time. They are winning money, eating at 5-star restaurants and drinking the best champagne.

This is all done to entice the average person to come to the casinos and gamble, but more importantly to lose the maximum amount of money they can. The reality of the casino gaming world is very different.

What Makes a Pro

The term “professional gambler” is sometimes used interchangeably for both people who earn part-time and full-time income through gambling.

But I keep a much tighter definition of a professional gambler.

Real pros not only make a profit through gambling, but enough to pay all of their living expenses. This includes housing, utilities, car payment, insurance, food, clothing and anything else deemed necessary.

A semi-pro is somebody who makes enough to supplement their income but doesn’t earn a full-time living through gambling.

Sometimes when players don’t have good results they question their skills. The reality is Advantage Gaming is a gloomy business when you’re on a losing streak.

But, when you are on the positive side of the spectrum it’s like taking candy from a jar labeled “free candy”. The hard truth is that the mentality of a professional casino player is equal to a manic depressive.

The gambling world doesn’t offer an abundance of opportunities to make a living, but there are a few different games where you can earn some nice profits. If you play smart and stick to the plan.

Game On

Let’s take a brief look at the most common games that you can make long term profits with and I’ll then go into each with more detail:

Blackjack
Daily fantasy sports (DFS)
Poker
Sports betting

Blackjack sees you try to win money directly from the house.

Casinos do everything in their power to hinder successful card counters. This includes using continuously shuffling machines, multi-deck shoes, and vigilant security measures.

Anybody who’s caught counting cards is often kicked out of the casino and banned. This is why it’s so important for card counters to blend in with normal players.

DFS and poker both see you compete against your fellow man. The house merely takes a small cut of tournament fees or cash game pots for poker.

Sportsbooks create lines in an effort to get equal betting action on both sides. The sportsbooks make their money by taking 10% juice from the losing group.

Every form of advantage betting has its pros and cons, but the key is that each of these activities offers the chance to make a healthy income.

Counting on It

People have been making a living through card counting since the early 1960s, and despite all the obstacles that casinos have put in players’ way, it remains possible to earn a living with card counting today.

You need a sizable bankroll in order to properly spread your bets and survive variance. The recommended minimum you should aim for is $20,000, but it’s better to have closer to $40,000.

How much you make depends upon several factors, including the following:

Skill level – Successful counters have between a 0.5% and 1.5% edge on casinos.
Hands per hour – 50 to 200 depending upon dealer speed & table size.
Bet spreading – Difference between your lowest and highest bet.
Deck penetration – The further into the shoe you get, the more confidence you can bet with.
Counting system – Some systems are more accurate than others.
Game rules – You want the best rules possible in order to lower the standard house edge.
Tips – $5 per hour for the dealer is standard.

The final step is to figure out how many hours you’ll play and convert this into an annual salary.

The key is keeping an accurate count amidst casino distractions and blending in with normal players.

Fantasy

DFS is the newest game that offers skilled gamblers an opportunity to make money.

Daily fantasy sees you pay an entry fee to enter contests and compete against other players. The goal is to create lineups that score the most points and rank the highest in tournaments.

Daily fantasy sports experienced a big boom in 2015, thanks to clever marketing campaigns that make it seem lik

How Casino Make Money On Poker