The Truth About Professional Gambling: Separating Fact from Fantasy

The Truth About Professional Gambling: Separating Fact from Fantasy

By Michael Harrison

February 7, 2025 at 03:49 PM

A professional gambler makes their living from gambling winnings, typically specializing in sports betting, poker, or blackjack. They maintain complete control over their time, money, and energy while keeping detailed records of wins and losses for tax purposes.

While the lifestyle may seem attractive due to flexible schedules and no formal education requirements, true professional gamblers represent an extremely small percentage of all gamblers.

Key Differences Between Professional and Problem Gambling:

  • Professional gamblers maintain strict control over time and money spent
  • They keep detailed financial records
  • They're considered self-employed for tax purposes
  • They have a specific game of choice they've mastered

Warning Signs of Problem Gambling:

  • Inability to stick to time or spending limits
  • Chasing losses
  • Gambling despite negative life consequences
  • Concerned reactions from family and friends
  • Using gambling to cope with emotions
  • Experiencing withdrawal symptoms when not gambling

Hands using multiple digital devices

Hands using multiple digital devices

Reality Check: Many self-proclaimed "professional gamblers" are actually problem gamblers in denial. Rick Benson, founder of Algamus Gambling Treatment Services, shares his personal experience of believing he was a professional gambler while actually struggling with addiction.

Important Considerations:

  • Gambling outcomes can never be predicted with certainty
  • Winning streaks don't indicate professional status
  • Income based on gambling is not sustainable long-term
  • Frequent gambling often leads to addiction
  • Financial losses can be extreme and devastating

Silhouette of person at computer desk

Silhouette of person at computer desk

Treatment Options: If you're concerned about your gambling habits, residential treatment centers offer comprehensive programs combining counseling, therapy, and psychiatric support to address both addiction and underlying mental health issues.

Man on cliff with outstretched arms

Man on cliff with outstretched arms

Woman plays poker at casino table

Woman plays poker at casino table

Woman praying with raised hands

Woman praying with raised hands

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