Taking a leap and starting your own business is a life changing move for anyone. Making the decision to become a professional casino player, or gambler, is just as daunting. The fact is that many people aren’t cut from the right cloth to take the plunge. There are many things to consider when deciding to go down that path in your life, and a good knowledge of various casino games is typically not that important in the grand scheme of things. Instead, discipline and money management are the main tenets of successful professional casino players. So, let’s take a look it really takes to become a professional gambler, and what are the pros and cons of doing so.
As mentioned earlier, the fact is that the successful gamblers typically are governed by systems. They set hours, monetary limits, and overall rules that govern their play. When you are your own boss, it is easy to not care about these things and enter into an undisciplined world. This will undoubtedly lead to playing for extended hours and risking money that really shouldn’t be in play. Over extending yourself is one of the biggest mistakes newly minted professional gamblers make. They do not treat this as either a job or a structured investment, but rather are trying to earn as much as they can in the shortest amount of time as possible. This is a recipe for disaster.
With regards to money, bankroll management is something that needs to be implemented. Should you view all of your funds as available for play, you run the risk of putting your entire bankroll at risk should the opportunity arise. As sure of a lock that this may seem, nothing in life ever is. This means that this undisciplined approach could cause you to be broke at the end of any night. In reality, you need to manage your money with an eye on the long run. Taking measured risks every once in a while is fine, but it shouldn’t be the norm.
Another aspect of becoming a professional gambler is your personal life. If you are married, have children, or have some sort of obligation, you have to consider how becoming a gambler would impact your home life. There are obvious monetary concerns with this, unless you are married to someone with enough stable income to cover the household expenses. More importantly, however, is the impact on your relationships with your loved ones, or your ability to fulfill your obligations. Most active hours for gambling are nights and weekends, and that is prime family time. Is becoming a professional casino player a good fit for your family? That question needs to be answered before you seriously consider making the jump.
There are a lot of things to consider when deciding to make the switch from weekend warrior to full time pro player. First, are you even good enough? Second, do you have the finances? Third, do you have the discipline? Finally, is it the right fit given where you are in your life right now?