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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).

Don't Be Cool

On Striving For Happiness

One of my roommates, named Ryan, is obsessed with coolness. It’s very strange. I never noticed it until a few months of living with him. The majority of people think like Ryan, but Ryan says what he thinks lol.

Ryan has many interesting opinions. Once I talked about eating alone at a restaurant and he went on to say how he could never do it, because it’s too weird.

When we go out to the clubs and talk to girls if at any point we are standing alone or get rejected, then Ryan wants to leave and thinks everyone was watching us.

Ryan really believes if he made 2x what he makes now (he makes $50k now) he would get more girls and be happier. He thinks the key to happiness is a brand new BMW.

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