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How You Can Become a Professional Gambler

I get an annoying amount of email from people asking me how to gamble like I used to. The truth is that what I used to do isn't profitable anymore. It was a right time, right place sort of scenario. Although I'm not a professional gambler anymore, I have been spending time studying and improving at poker (I'm a break-even or slightly profitable player), and I have friends who are pros. There are surely several different paths you can take to make a living gambling; this is the one that I'm aware of and is feasible for someone of above average intelligence.

Despite offering a rough guide to making money gambling, I don't necessarily recommend that you do so. I gambled professionally for seven years. During that time I made a lot of money and enjoyed my life. One morning I woke up and all of my money was gone. The story behind that is complicated, but the gist is that "they caught on". The strongest emotion I felt was a sense of relief. Gambling is fun, but it's not "big". It doesn't contribute in a meaningful way or leave you with a body of work.

Most casino games have a house advantage ranging from 2-5%, assuming "perfect play". That means that if you play perfectly, you can expect to lose, on average, about 2-5% of the action you put through a machine. Perfect play for slot machines is simply to bet the maximum amount of coins (the jackpot is skewed heavily in favor of maximum coins). For blackjack you need to memorize what to do for every combination of player hands vs. dealer hands, specific to each set of rules (hit on soft 17, resplitting aces, etc).

What You Think About When You're Independent

There are two types of people at the poker table, generally. First there are the sharks. They stay quiet and occasionally make comments about the game that intimidate amateur players by revealing just how much they're thinking about. The second group are normal people who are there to have a good time.

Through hours of listening to the second group, I've noticed how different the things are that "normal" people think about, and people like me think about. I'll loosely define "normal" people as people whose lives are dominated by things they HAVE to do, vs. people whose lives are dominated by things they WANT to do.

I thought it might be interesting for people who haven't made the switch to independence to hear what sorts of things rattle around our minds.