Is gambling online, a good way to get rich ?

[Analog Kid]

I was talking to Taylor Swift in a chatroom last night, and she says all her friends got rich, gambling online....and I've done pretty good gambling in video games, like GTA San Andreas.  :palm@

Absolutely disgusting. She should not be promoting it on he basis that it will be a win win win.

What, you actually believe that the OP was actually chatting with Taylor Swift?

[Analog Kid]

As a rule simply forget all kinds of gambling. Nobody has anything to give away for free.

As such gambling is absolutely disgusting. It steals money mostly from the poorest and uneducated.

That seems like a rather judgmental and school-marmish attitude to take.
Sure, gambling has its downsides: it can be addictive, it can lure people into taking bad risks with their money, it's connected with organized crime.

But it's also a long-standing part of human nature. In my research into the local Indian tribes where I live, one feature of their society was (still is to some extent) their love of gambling. They regularly gathered for days-long gambling sessions, sometime with other tribes. It was probably prevalent among most tribes here in the US.

Just imagine the outrage, say in the Chinese-American community if someone suddenly closed down all of their pai gow parlors. Or if some misguided legislation closed down all the Native American casinos here.

I'm no fan of gambling myself, but I recognize that there are lots of other folks who like it. So who am I to deny them that pleasure? (or ruin?)

[NiHaoMike]

Yes it's her friends and they maybe winning but what do we know about them and their connections into the gambling industry or things they may do to help them win.

The ones who didn't win (I'm sure there's a lot of them) are not her friends anymore...

[EggertEnjoyer123]

As a rule simply forget all kinds of gambling. Nobody has anything to give away for free.

As such gambling is absolutely disgusting. It steals money mostly from the poorest and uneducated.

That seems like a rather judgmental and school-marmish attitude to take.
Sure, gambling has its downsides: it can be addictive, it can lure people into taking bad risks with their money, it's connected with organized crime.

But it's also a long-standing part of human nature. In my research into the local Indian tribes where I live, one feature of their society was (still is to some extent) their love of gambling. They regularly gathered for days-long gambling sessions, sometime with other tribes. It was probably prevalent among most tribes here in the US.

Just imagine the outrage, say in the Chinese-American community if someone suddenly closed down all of their pai gow parlors. Or if some misguided legislation closed down all the Native American casinos here.

I'm no fan of gambling myself, but I recognize that there are lots of other folks who like it. So who am I to deny them that pleasure? (or ruin?)

I think there's a difference between placing bets with friends on sports or playing poker with friends and casinos, which do some pretty predatory things to get people to keep gambling (like getting them drunk).

[wraper]

Basically the only games you can win at in casinos are blackjack and poker, and that's just because you can apply skill to them (counting cards is not illegal as much as casinos might dislike it).   Casinos do have a right to kick you out if you are too good, they are private property at the end of the day.  And poker is part skill and part luck but you play against other players so I'm not sure it counts as winning against a casino.

I'd sooner take every penny you were going to gamble and buy some random penny stocks, you never know, you might accidentally invest in the next Apple.

Stocks at least have an overall tendency to grow. So if you do not get into leverage, day trading, or buy complete nonsense stocks, you have a pretty good chance of winning in lottery or at least break even. Gambling on other hand is guaranteed to squeeze you dry in a long run unless you're a pro player in a few edge cases as mentioned... or a con artist.

[Analog Kid]

As a rule simply forget all kinds of gambling. Nobody has anything to give away for free.

As such gambling is absolutely disgusting. It steals money mostly from the poorest and uneducated.

That seems like a rather judgmental and school-marmish attitude to take.
Sure, gambling has its downsides: it can be addictive, it can lure people into taking bad risks with their money, it's connected with organized crime.

But it's also a long-standing part of human nature. In my research into the local Indian tribes where I live, one feature of their society was (still is to some extent) their love of gambling. They regularly gathered for days-long gambling sessions, sometime with other tribes. It was probably prevalent among most tribes here in the US.

Just imagine the outrage, say in the Chinese-American community if someone suddenly closed down all of their pai gow parlors. Or if some misguided legislation closed down all the Native American casinos here.

I'm no fan of gambling myself, but I recognize that there are lots of other folks who like it. So who am I to deny them that pleasure? (or ruin?)

I think there's a difference between placing bets with friends on sports or playing poker with friends and casinos, which do some pretty predatory things to get people to keep gambling (like getting them drunk).

As if your friends would never consider getting you drunk before the next hand of poker ... "c'mon, drink up!".

[SiliconWizard]

I was talking to Taylor Swift in a chatroom last night, and she says all her friends got rich, gambling online....and I've done pretty good gambling in video games, like GTA San Andreas.  :palm@

Absolutely disgusting. She should not be promoting it on he basis that it will be a win win win.

What, you actually believe that the OP was actually chatting with Taylor Swift?

Why not? I was talking to pope Leo in a chatroom the other day, and he told me he was making good money with crypto.

[radiolistener]

I was talking to Taylor Swift in a chatroom last night, and she says all her friends got rich, gambling online....

Maybe you should discuss this with Kim Kardashian in the next chatroom — she probably has strong opinions on online gambling too. 

[Analog Kid]

I was talking to Taylor Swift in a chatroom last night, and she says all her friends got rich, gambling online....

Maybe you should discuss this with Kim Kardashian in the next chatroom — she probably has strong opinions on online gambling too. 

Nah, go straight to the top. Start a chat with that genius Elon Musk.

[MrMobodies]

What, you actually believe that the OP was actually chatting with Taylor Swift?

Looks like I fell for that one.

Why not? I was talking to pope Leo in a chatroom the other day, and he told me he was making good money with crypto.

Is this to do with crypto mining or gambling?
If gambling, you could win win win but then you could loose loose loose much more than you put in.

[jonovid]

to get rich gambling online only if your running or hosting it.
punters are the sheep that get fleeced. the random winners are only to keep the majority of losing punters coming back for more.
gambling is a fun way to pay more tax.  reduce your financial wealth. or show-off to other people that your rich now but planning to get poor. 
if you go to a casino just for the fun & hit a big jackpot. take it & then leave. remaining there you will only lose it all.
word is that Vegas is dying ever since the grand prix made everything expensive for the average visitor/ punter. 
if you like slot machines? get one for your home games room instead of a pinball machine so you can recycle your collection of coins.
an old slot machine restoration will make a cool electronics project.

[NiHaoMike]

I wonder if there's a way to twist interest in gambling into a (at least somewhat) good thing. For example, by using tokens that can only be obtained by doing good stuff like exercising at the gym or picking up and turning in trash.

[EggertEnjoyer123]

I wonder if there's a way to twist interest in gambling into a (at least somewhat) good thing. For example, by using tokens that can only be obtained by doing good stuff like exercising at the gym or picking up and turning in trash.

Look up no loss lottery

[bookaboo]

Gambling for sure is a tax on those unable to do maths.


That said there was (maybe still is , I'm not sure) a very profitable period where many people made very good full time livings from online poker. Poker is slightly different from other games in that , although the house always takes their cut (rake) , if you are significantly better than the other players (plus rake) you can win long term.

From about 2006-2010 was the golden era, even a basic understanding of strategy could earn a living. After that the sites got a bit wiser, raised rakes, implemented strategies to minimize the edge of the sharks.  The shark pool increased and their strategies evolved.

I played as a hobby, enjoying the math and strategy, wrote a few bits of software for calculations. It was profitable but became a bore, and less profitable so I haven't played in years.  I recall in 2011 on a strategy discussion skype group, a 20 year old dutch guy wondering where to put his years winnings of EUR 100k (typical of decent players at the time)  ..... and a Canadian frantically trying to tell him not to invest it in bitcoin. Good times.

[5U4GB]

My cousin, Joey "No Ears" Fortezza, says running an informal gambling establishment is a great way to make money. It's even more profitable than helping restaurant owners ensure their dining establishment doesn't get damaged.

[PlainName]

The house always wins.

Unless it's a Trump casino.

[nctnico]

So by all means get a lotto ticket or go to the casino once in a while for a bit of fun but there ZERO point in doing it often, you just waste money.

You are buying - and getting - hope.

That sounds like a religion 

[radiolistener]

That sounds like a religion 

It's not a religion, it's an obsession. You start playing for fun, but over time it can feel like something else takes control of your desires. You could call it being possessed by the demons of gambling — a typical way that such forces tempt a person and gradually take control over them.

[sanleontexas]

They don't build casinos with losings.

[wilfred]

The house always wins.

Unless it's a Trump casino.

We've got a casino business (Star Entertainment) in Australia which is struggling. So if you borrow too much and have the govt looking into your probity and COVID doesn't help then watch out. But the biggest problem for casinos in my opinion is crypto. It is a much better way to launder the proceeds of crime. And crypto is more lucrative for criminals to fleece the bunnies.

I saw this in the news a little while ago on the Sydney Morning Herald website.
https://www.smh.com.au/business/markets/biggest-name-in-crypto-trump-pardons-billionaire-who-admitted-to-money-laundering-20251024-p5n4x1.html

"Donald Trump has pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking and terrorism.

The pardon caps a months-long effort by Zhao, a billionaire commonly known as CZ in the crypto world and one of the biggest names in the industry. He and Binance have been key supporters of some of the Trump family’s crypto enterprises."

Welcome to the golden age of corruption.

[nctnico]

That sounds like a religion 

It's not a religion, it's an obsession. You start playing for fun, but over time it can feel like something else takes control of your desires. You could call it being possessed by the demons of gambling — a typical way that such forces tempt a person and gradually take control over them.

That also sounds like religion to me... 

[NiHaoMike]

Look up no loss lottery

Are there any where one truly can't lose? What's the catch?

[Gregg]

I just received an email that appeared to have all of the ear marks of spam from supposedly kalshi with a promo code and all of the usual click here (meaning to me, don’t click) links.
It seems that kalshi and a few others have found a loop hole making a more or less legal gambling business online called a “prediction market” where you can gamble or bet on the outcome of anything from sports to the existence of aliens.

The Motley Fool has a good description of this process: https://www.fool.com/investing/2025/10/28/polymarket-kalshi-and-the-line-between-investing-a/

Bottom line: to become rich from online gambling, get in early with the new booming prediction market and let the first batch of businesses battle out the inevitable law suits

[radiolistener]

It's not a religion, it's an obsession. You start playing for fun, but over time it can feel like something else takes control of your desires. You could call it being possessed by the demons of gambling — a typical way that such forces tempt a person and gradually take control over them.

That also sounds like religion to me... 

You can call it psychology, religion, or whatever you like — the point is, there are real forces and patterns behind it, no matter what words we use to describe them.

It's like electricity: we describe it with words like voltage and current, someone else might call it magic, but the reality doesn’t change.

[5U4GB]

I was talking to Taylor Swift in a chatroom last night, and she says all her friends got rich, gambling online....and I've done pretty good gambling in video games, like GTA San Andreas.  :palm@

Absolutely disgusting. She should not be promoting it on he basis that it will be a win win win.

What, you actually believe that the OP was actually chatting with Taylor Swift?

Why not? I was talking to pope Leo in a chatroom the other day, and he told me he was making good money with crypto.

Clever move, since you can rely on what he says because he's infallible.