If roulette was your day job?

[elmo]

A lot of people say that they would like to be a full time roulette player.
What does that entail? This is real life and not the movies, we are not james bond and we can't perform miracles, so taking that into account, can we look at what practical steps we would need to take to help us along the way.

First of all, this means you are going to be self employed. Now self employment can have its rewards but unfortunately not every one is cut out for it.
What skills do you need for self employment.
1) Motivation
2) Organization
3) Discipline
4) Desire
There are many more on this list but a lot of people would find it more easy to go to a 9-5 job and have the boss tell them what to do and pick up a paycheck every week than have to organize everything for themself.

Let's now look at the financial aspects.
The average wage in my country is about 20k a year give or take. So you are looking at about 400 per week.
How are you going to achieve this through playing full time roulette.
If I work 5 days a week for 400 then I know that is 80 per day. It does not matter if I have a good day at work or a bad day at work, I am safe in the knowledge that I have just banked another 80. There is probably something comforting in that.
What happens if I have a bad day at the table, chances are I will suffer a loss. (I suppose this is dealing with the emotional aspects of gambling as well) So how well mentally are you able to deal with this?
The way I look at is is you can break everything down into smaller targets. That 400 is only 40 x £10 units. So you only need to win an average of 8 units in a working day to reach your average wage.
Do you have sufficient capital to start up your business?
Have you considered what you need to get started?
Have you proved to yourself that your plan is viable?
As you can see there are loads of questions that need to be HONESTLY answered before you can really start appraising the situation to see if this will work for you or not.

The emotional side of it all.
How well equipped are you to deal with setbacks?
Can you afford to lose all the bankroll and what will the consequences be?
Do you enjoy working alone?
Can you work well under pressure?
Just some more questions to throw into the melting pot. There are more questions than answers, or so it seems.

So this is what you need to be asking yourself before you start thinking about giving up the 9-5 to become a full time player or indeed if you are just fresh out of college and think you would like to lead a lifestyle where you can make your money at the tables.

My advice.... Treat playing roulette as fun, it does not have to be all or nothing and you can play as a hobby, if you are any good at it, you will supplement your income rather than be under pressure to rely on it to make a living.
If it fails, well so what, you gave it a shot and you are not going to be homeless, you still have a job to go to and your family are still talking to you. 
I am saying all this because a  lot of people I speak to in roulette forums and gambling forums in general seem to think it will be easy to play for a living. IT IS NOT. In today's world where there are not many jobs and times are hard for some, it is probably even more appealing. Think carefully and remember the old saying.
Fools rush in where angels fear to tread.

elmo

[VLSroulette]

A lot of people say that they would like to be a full time roulette player.
What does that entail? This is real life and not the movies, we are not james bond and we can't perform miracles, so taking that into account, can we look at what practical steps we would need to take to help us along the way.

First of all, this means you are going to be self employed. Now self employment can have its rewards but unfortunately not every one is cut out for it.
What skills do you need for self employment.
1) Motivation
2) Organization
3) Discipline
4) Desire
There are many more on this list but a lot of people would find it more easy to go to a 9-5 job and have the boss tell them what to do and pick up a paycheck every week than have to organize everything for themself.

Let's now look at the financial aspects.
The average wage in my country is about 20k a year give or take. So you are looking at about 400 per week.
How are you going to achieve this through playing full time roulette.
If I work 5 days a week for 400 then I know that is 80 per day. It does not matter if I have a good day at work or a bad day at work, I am safe in the knowledge that I have just banked another 80. There is probably something comforting in that.
What happens if I have a bad day at the table, chances are I will suffer a loss. (I suppose this is dealing with the emotional aspects of gambling as well) So how well mentally are you able to deal with this?
The way I look at is is you can break everything down into smaller targets. That 400 is only 40 x £10 units. So you only need to win an average of 8 units in a working day to reach your average wage.
Do you have sufficient capital to start up your business?
Have you considered what you need to get started?
Have you proved to yourself that your plan is viable?
As you can see there are loads of questions that need to be HONESTLY answered before you can really start appraising the situation to see if this will work for you or not.

The emotional side of it all.
How well equipped are you to deal with setbacks?
Can you afford to lose all the bankroll and what will the consequences be?
Do you enjoy working alone?
Can you work well under pressure?
Just some more questions to throw into the melting pot. There are more questions than answers, or so it seems.

So this is what you need to be asking yourself before you start thinking about giving up the 9-5 to become a full time player or indeed if you are just fresh out of college and think you would like to lead a lifestyle where you can make your money at the tables.

My advice.... Treat playing roulette as fun, it does not have to be all or nothing and you can play as a hobby, if you are any good at it, you will supplement your income rather than be under pressure to rely on it to make a living.
If it fails, well so what, you gave it a shot and you are not going to be homeless, you still have a job to go to and your family are still talking to you.  ;D
I am saying all this because a  lot of people I speak to in roulette forums and gambling forums in general seem to think it will be easy to play for a living. IT IS NOT. In today's world where there are not many jobs and times are hard for some, it is probably even more appealing. Think carefully and remember the old saying.
Fools rush in where angels fear to tread.

elmo

A most interesting writing dear Elmo.

Personally, I like this saying:

"You do not look for winning consistently to become a full-time player; you become a full-time player because you are consistently winning."

Regards.

[elmo]

Hello Victor,
I like the expression

"You do not look for winning consistently to become a full-time player; you become a full-time player because you are consistently winning."

Allow me to elaborate a little on what I posted above and specifically regarding win targets/daily targets.
It is important to make things as easy as possible for yourself. If you feel that you have a mountain to climb, then it can become a hard road ahead.
Now take the winning of 8 units a day. It does not sound a lot. In fact some may say "no problem, a piece of cake"
This is where your bet selection comes in. If you are just betting single straight up numbers or split numbers, then 8 units sounds reasonable enough. Many times you will only need ONE win to reach this target. But let's look if you were betting even money chances. Say you lost the first 4 bets, now you are looking at needing to back 12 winners to get 8 in front. All of a sudden it does not sound so easy. The thought of a few double ups may enter your head and that could very quickly lead you to be an easy 10 units down and then needing 18 to reach your target. All of a sudden it almost seems impossible.  The point is that you need to be able see that what you are trying to accomplish is possible and within reach otherwise your phsyche can take a battering.

[Proofreaders2000]

I like your thinking Elmo.   IMO anything but working at some tired, mundane job is worth it.  I also believe there is safety in numbers--say at least have 10 bankrolls just in case anything happens while gambling full-time.  Even better, get more than one bettor involved in your venture.  Team partnerships may be worth their weight in gold in diluting the casino edge.  You have the fellowship of teammates and less bankroll required if everyone contributes.    

[geoff365]

40hrs a week in a casino. BORING as hell

[GogoCro]

Are professional roulette or other games players, who gamble only as day job have addiction?
Can they stop and look for other nonaddictive job?

[GogoCro]

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