Make Real Money Gambling Online
Without a doubt, the number one question we get asked in regards to betting
online is “How do I make money gambling online?” The answer as you might expect
is not a simple answer. While we wish we could just tell you to “do x, y, and z
and you’ll be rich,” it’s just not that simple.
Every player wants to know if they can make money gambling online. The most common answer is yes; you can. However, only if you know what you are doing. There are plenty of professional gamblers that make money gambling for a living. The Unity engine is the perfect land-based, online, & mobile gambling software to reach your best customers. Real-time 3D development puts you in charge. Create rich gambling and casino games for land-based, online, and mobile with Unity’s real-time game development platform.
Making money online comes down to game selection and having clear
expectations of what you’re doing. The opportunities are huge, and there are
millions and millions to be made if you look in the right spots. Lucky for you,
we’re going to do our best to educate you and point you in the right direction.
The best way for us to approach answering this question is to answer it
individually for each different type of online gambling/betting that exists.
Specifically today we’re going to look at sports betting online, casino/table
games online, and skill-based online games. There are a few other obscure forms
of gambling online that do exist, but these main categories should encompass
almost all of the major types that are out there.
As a spoiler, I can tell you that it is possible to make money at each of
these, though, some will depend solely on your luck while the others are
sustainable based on your skill and abilities. The difference is going to come
down to whether the game is a luck based or skill based game. Let’s clarify the
difference first before we dive into each individual type of online gambling and
how to make money at it.
Luck vs. Skill
If you’ve ever hung around a casino or talked to gamblers before, you’ve
probably heard someone at least once tell you that they had a system to beat a
certain game. It might have been craps or roulette or maybe even blackjack. The
problem we always noticed when we heard this from someone was that they were
broke or were not rolling in the money. If they truly had a system to beat a
casino game, wouldn’t they be doing it 24/7 and living the high life?
The real reason they don’t do this 24/7 for a living and aren’t living the
high life is that
most casino games are luck based. Luck based games are games
where the house has the edge. This means that there are no super secret systems
out there that can beat these games outside of cheating. Does this mean you
can’t make money at them? Of course not. All it means is that in the long-run
over thousands and thousands of hands, spins, or rolls, the casino is going to
win.
This means you can most certainly make money in the short run. Many gamblers
go months and sometimes years winning at games. The thing to note, though, is
that this is a statistical anomaly that will correct itself. In the end, the
casino will ALWAYS win at luck based games. There is a silly cliché phrase
that explains this:
Spotting a luck based game is easy. If the game is run by a casino (live or
online) and you are playing against the casino and not versus other players,
this is a luck based game, and they are going to have a long run edge. Again,
you can still make money playing these games (and lots of it), but in the long
run over thousands and thousands of games, the casino will ultimately win.
Skill-based games, on the other hand, have no house edge. These games are
ones where players compete against each other instead of against the house (the
casino). The casino will take a small fee for facilitating the game, but
ultimately it is up to the players who wins the money.
Skill-based games are sustainable ways for people to make money long-term. If
you are good at a skill based game and can continually get people to compete
against you, you can make a full-time living playing the game. These games are
easy to spot as they are games where players are competing against other players
and not the house.
Making Money Online Playing Casino Games and Slots
We have some good news, and we have some bad news when it comes to making
money gambling on your favorite casino games and slots. The bad news is that
online casino games and slots are games of luck that the house will always have
a long-term edge on. The good news is that regardless of this, you can still
make a lot of money at them!
Addressing the bad news first, you need to realize that there is no system
out there to “beat” online casino games to make a living playing them. You will
never be able to be a professional slots player or a professional roulette
player or anything like that. Ultimately, the casino edge and statistics are
going to prevail, and the casino is going to win. Understanding this is
imperative to have a great time playing these games online.
Regarding the good news, though, this does not mean you can’t make money
playing online casino games and slots. First, the casino edge is only for the
long term. The long term usually means hundreds of thousands and millions of
spins of a slot or roulette wheel or hundreds of thousands of tosses of the
craps dice etc. You may play the games and never ever experience the long term
statistics correcting themselves. The casino edge on most games is only a couple
of percentage points meaning you can totally have major winning sessions and
runs.
An Analogy to Help
Imagine this analogy. There are two bettors, you and a friend, who are going
to bet on the flip of a coin. You are going to take turns flipping the coin with
you allowed to bet on every flip. If the flip is heads, you win your bet. If the
flip is tails, you lose your bet. You do not have a choice; you have to bet
heads every time.
We all know that coins are going to land on heads 50% of the time and on
tails 50% of the time. Let’s say we alter the coin a little bit to make it more
like when we are betting against the casino giving them an edge. Let’s say that
this coin lands on heads only 48% of the time and on tails 52% of the time.
This represents the long-term edge that the casino is going to have.
You and your friend start flipping the coin and placing your bets against the
house. You each get to flip the coin 50 times. If everything happened without
any variance, you both would get heads about 48% of your flips and lose a tiny
bit of money to the casino over the course of the flips. But variance comes into
play. Variance says that over ALL 100 flips about 48% will be heads, but it
doesn’t necessarily say which of you two are going to get more or less of the
heads in the short run.
It’s possible that you get heads 48 of your 50 flips and your friend gets
heads zero times in their 50 flips. At the end of the day in the long-run, the
casino is still making money because it is winning 52% of its bets, but you’ve
made an absolute TON of money. The point here is that most recreational gamblers
will be operating in the short term for most or their entire gambling career.
Jackpots
Part of the way that this variance spreads itself out is through jackpots.
Not all players are going to win jackpots but if you do win one you can bet that
you’re going to be a lifetime profitable gambler (depending on the size of the
jackpot of course). Jackpots still fall in line when it comes to
statistics and house edge, but that doesn’t mean you can’t be one of the players
to fall outside of the statistical norm and strike it rich!
Bonuses
One way to fight back against the house edge and a lot of times turn it in
your favor (at least temporarily) is by
taking advantage of bonuses. Bonuses, as
you may already know, are free money/free spins/free play that online casino
sites will give you to try to attract your business. A lot of times the benefits
of these bonuses will turn the odds in your favor while you are using the bonus.
Of course, they won’t give you the bonus forever because they would lose
money and have to shut their doors. But in the short term, you can definitely
take full advantage of these promotions and clean up some easy cash. It’s also
of importance to note that there is no reason you can’t jump between a few sites
to take advantage of different promotions.
This is a lot like going to a different grocery store for a week because you
have a coupon for something. There is nothing unethical about it, and the sites
actually would prefer you use their promotions. The reason they run the promos
is to get you in the door to try out their product in hopes that you will stay
or make a change from your home site.
Making Money Online Sports Betting
Sports betting is a complete 180 the other direction from online slots and
table games. Sports betting is a skill based bet (depending on the bets you
choose). While you might think you are betting against the house, they are
actually manipulating lines so that you’re basically betting against other
players and they are taking a small fee for facilitating the bets. With proper
skill and a sharp eye, you can make a living as a sports bettor. Is this
difficult? You bet your butt it’s difficult but it’s completely possible, and a
lot of people do it every day.
So how do you make money online betting sports?
Simple. Join a sportsbook and
start making correct picks. Start with a sport that you know well and do
extensive research. If you can come up with a system to properly predict games
and outcomes, you can be a successful sports bettor.
One thing that is extremely important to point out is that you have to choose
the right type of sports bets or you’re going to be placing luck based bets
instead of skill based bets. As you may or may not know, you can bet on a lot
more than just who the winner of a game is going to be. You can bet how many
points will be scored, how many times they will do something, who will score
first etc. Some of these bets will require research and skill to make a correct
pick, and some are just going to be dumb luck.
Here are two different sports bet as an example. One is a skill based bet and
one is a luck based bet.
- Will Rob Gronkowski score more or less than 1.5 touchdowns in a game?
- Will the final score of the Patriots be odd or even?
As you can hopefully see, the first bet would require you to have strong
knowledge of how Rob Gronkowski is going to perform in a game. You would have to
look at the defense he is up against and predict the game plan of attack the
Patriots employ. There is a lot of skill that goes into picking this bet and the
more knowledgeable and skilled you are, the better off you will do. This is an
example of a skill based bet that you could profit from long term if you were
sharp enough.
The second bet about whether or not their final point total is odd or even is
really just dumb luck. You could make some crazy argument that you can predict
the exact game flow and how many points they score, but in reality, you are just
guessing. This is an example of a luck based bet that you can still make money
off of but it is not sustainable long term. As long as you’re aware of this,
have at it!
It’s important to point out that these bets are not segregated or separated
at all when you go to the online sportsbooks. The luck based and the skill based
bets are all going to be listed side by side, and it’s up to you to be able to
decipher the difference. Honestly, it should be easy to tell the difference by
just taking a few minutes to pay attention to what you’re betting on. If it is
something that you are struggling to find data and information to support your
pick, it is probably a luck based bet.
The Beauty of Line Shopping Online
One of the easiest ways to make MORE money online with correct sports betting
picks is through line shopping. Line shopping is a strategy that is not possible
with brick and mortar casinos due to logistics and has really only become
popular thanks to online sportsbooks. Line shopping is the process of checking
several different sportsbooks to get the best odds and payouts possible for your
bets.
You just can’t do this in real life unless you live somewhere like Vegas
where you have a ton of different sportsbooks right next to each other. Even
then, most of the books there are interconnected, so the odds are going to be
the same at all of them. Online, though, you tend to see a lot of greatly
varying lines for the same bet.
Let’s say you are planning to bet the Miami Heat to beat
the Golden State Warriors on the moneyline at +150. Let’s say you’re totally
confident on this bet and you think it’s the easiest bet in the world. Is this a
good bet for you to make?
A better question would be, is this the best bet you can make? If you were to
take a few seconds and line shop another online sportsbook, you would see that
one is offering the same bet for +170. This is the exact same bet except if you
place it at the second online sportsbook you will get paid out more money. If
you bet $100 and the Heat win, the first sportsbook will pay you $150 in profit
and the second will pay you $170 in profit.
By simply taking advantage of the technology that comes with betting online,
you can make MORE money on a correct pick just by taking a few seconds to check
a few different sportsbooks. We can assure that this is not a rare occurrence to
find varying lines. It’s actually a fairly common occurrence to find different
lines, and it can greatly affect the amount of money you make betting online.
Making Money Online Playing Skill-Based Games
You may notice that in the title of this section it does not say anything
about “gambling.” This is because gambling refers to placing wagers on a game of
chance that you have no control over. Out of all the different bet types on this
page, these are the ones that you have the most control over. Skill-based games
are games that pit two or more players against each other. Skill-based games are
NOT played against the house, but as we stated earlier, the house takes a small
cut for facilitating the game.
Skill based games can 100% be played for a living as long as you can continue
to get people willing to play against you. While some of these games do have an
element of luck, the majority of the game’s outcome is determined by skill. This
means that a worse player may win a few games in the short run, but the better
player will always win out in the long run.
For example, if you get your money in the middle playing Texas Hold em poker
(a skill based game) with pocket Aces against J-10, you’re supposed to win that
hand based on the statistics. However, it is entirely possible that you lose
that hand in an unlucky fashion. If you continue to get your money in
significantly ahead, though, statistics should even out, and you should make
money in the long run. Though you might lose in the short run, you will prevail
in the long run.
Some of the most popular skill games you can play for money online are:
For more information on playing these games online, here’s a guide we’ve put
together for you:
The Bottom Line of How to Make Money Gambling Online
Hopefully, if you’ve read until this point, you have a pretty strong idea of
the different options you have when it comes to making money gambling online.
Depending on whether you’re just looking for some recreational fun or a way to
make a living, we’ve given you several different options in both directions.
Remember, be realistic with your expectations and don’t try and make a career
out of a game that you are not statistically supposed to win long term at.
If betting is something new to you, then you may be wondering what real money gambling is all about. That’s exactly why we’re here – to inform you on this and point you in the direction of the best locations for doing it. Real money gambling is actually exactly as it sounds – gambling on games or sporting events or lotteries with real money. That is, your own funds. It’s titled this way because there’s also the possibility for gamers to experience free-play gaming on gambling games. In that instance, you’re given demo funds, which can be utilized to try out betting games without using your own money first. Real money gambling, on the other hand, is the term used to describe placing bets on games and events with your own real money. Simple, right?
So, what exactly is the draw for people to participate in real money gambling? Why should you do it? What kind of interest will it be to someone who has never opted to experience betting before? Well, real money gambling can be very thrilling for a number of reasons. Not least of all because you have the potential to place a real money bet and increase your funds. Gambling can be a general fun thing to do, but it also brings forth the potential to walk away with more money than you started out with.
What’s more, gambling provides a form of entertainment. Regardless of whether you choose to place a bet on an online slot machine, on a round of roulette, on bingo – whatever your preferred gaming choice – it’s there to ensure that you have fun and experience an entertaining time. Real money gaming ups the ante from standard free play, too, because of the aforementioned possibility of winning money. The adrenaline starts pumping as you make your next wager, the excitement builds as you manage to be dealt a winning hand, the visually stunning graphics of many games come into play, and so much more.
To put it bluntly, real money gambling provides you with a pastime that is both enjoyable and also comes with the potential for personal profit.
Therefore, you’ll always be informed on the best locations to participate in real money gambling, as well as the types of games that are available in this sector. We provide you with guides that will assist you in becoming a better gambler, taking you through things with step-by-step instructions and hints and tips to learn about.
We have been in this industry for many years now, which ensures that we have the information and knowledge to be able to inform you on everything there is to know. Furthermore, because of this, we are able to protect you from any sites that aren’t worth trusting and direct you to the more respectable, regulated platforms where you’re able to feel safe and secure with your bets. We’re here to inform, protect, and increase your own knowledge of real money gambling through our own experience within the industry.
For the most part, the online gambling world is a very fun pastime to get yourself involved in. Of course, there will always be those sites that try to scam you, leaving you with a very bad impression of them. That’s why we have put our own time and effort into gathering together this collection of online gambling sites that you can trust. We’ve found the very best in quality, which are able to provide you, the player, with a regulated and safe place to participate in online gambling. Here, you’ll find the websites that we recommend in order for you to have a thoroughly entertaining and high-quality experience. Check them out to find the best online platform for you.
RANK | GAMBLING SITES | SIGN UP BONUS | MOBILE | GET STARTED |
---|---|---|---|---|
#1 | 100% Up to $30 | Visit Site | ||
#2 | 100% up to $300 (T&C Apply) | Visit Site | ||
#3 | Not Applicable | Visit Site | ||
#4 | Bet £25 Get £25 | Visit Site | ||
#5 | Bet £10 Get £25 | Visit Site |
Popular Gambling Activities
So, what types of gambling are considered to be popular today? While multiple different types of online betting exist, there are a certain few that stand out above the rest and are considered to be the most popular options to go for.
Sports Betting
Sports betting is something that has been popular for a very long time already. Even before it became somewhat of a legal entity in countries, citizens were placing bets on different sporting events, trying to pick out winning teams or players for a return on a wager. The sports betting industry has grown considerably over the years, becoming one of the most popular gambling activities today. This is perhaps due to the fact that sports in general are quite popular amongst people, and the outcome of events depends on different teams’ or players’ abilities and skills.
While online sportsbooks tend to have multiple different sports and events to bet on, some of the more popular offerings at these platforms include:
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While sports betting may seem like it’s something that is aimed more at people who have a vested interest in sporting events, this is not always the case. Sports betting can be for anyone. And just like we are able to give you details on the best gambling sites to join, we’re also able to provide you with guides to be able to inform you on how to place sports bets and take you from being a novice gambler through to somewhat more of a professional.
Our guides will also be able to inform you on the various odds that sports events come along with, as well as the differing types of sports bets that you can place on each of the different sports available. Therefore, you’re able to discover all of the details about becoming a better sports gambler right here. In this instance, you’ll have all the information and tools necessary to start placing bets and hopefully making money from such in the process.
Casino Betting
Casinos will be one of the first things that people think of when the words “online gambling” are mentioned. It’s quite understandable, too, because casinos open their virtual doors to avid gamblers on such a frequent basis that they’re becoming more extensive every month. Online casino gaming basically takes everything that you find in a land-based casino and puts it into an online setting. This being the case, you’ll be able to access a wide variety of games from the comfort of your own home or even via a mobile device.
If you’ve ever been to a brick-and-mortar casino establishment, then you’ll know some of the games that they provide. Online casinos don’t falter too far from that same path, often ensuring that a diverse range of options is available.
Slot games are perhaps the biggest and most popular type of game that online casinos will integrate. This is mainly due to the fact that software developers tend to strongly focus on creating and providing such possibilities. Slots offer up intriguing themes, appealing setup designs, and entertaining features for you to experience. Betting on these games is easy to do, with different wager amounts for you to select from in most cases. Sometimes, you’ll even find that slot games come with progressive jackpot amounts in them to win. If you’re lucky enough to trigger one of these, they generally provide life-changing amounts of money.
Make Money Gambling online, free
You’ll also find that more traditional casino games are found at online locations, too, such as roulette, blackjack, poker, and baccarat. These usually come under the category of “Table Games” and also have multiple variations for you to access. Therefore, we’ll be able to give you details on the rules of these games, what differs between the alternate variations, and how to enhance your own skills so as to become a better table gamer.
It’s not only these games that we will provide you with information on, either, as it’s also often the case that you’ll find live dealer casino games available. These take the basic table games and stream live dealers from a studio or land-based casino to give you a more authentic experience. Additionally, other options at online casinos include video poker, scratch cards, and keno.
Regardless of what you uncover as being your favorite type of game, we’ve got the guides and assistance necessary to help you understand how these offerings work and extra hints and tips to assist you with improving your gambling abilities.
So how exactly can you be sure that you’re joining and playing at a legitimate, safe, and top-quality gambling site? After all, with so many possibilities available, it’s only normal to find that some sites will try to take advantage of you. Fortunately, the platforms that we recommend to our readers have undergone extensive research. So, you can guarantee that we’re providing you with information on the highest in quality.
Read Honest Reviews
It’s important to get all of the information about an online gambling site before you choose to join and play there. Why? So that you know what to expect from its game lobby, its sports betting options, odds, depositing methods, support services, and more. That’s why we have brought together the very best in gambling platform reviews. Our honest reviews of all our recommended online gambling sites will provide you with all of the necessary details relating to casinos and sportsbooks.
Anyone who is aspiring to become a better bettor will find our complete reviews of these platforms to be of great assistance. By reading them, you’ll get to know about the pros and cons of all online betting sites, and this will give you insight into if it provides you with everything that is necessary to you as a player. Plus, we’ve actually been in your position as the player at all of these sites. We’ve gone in there, checked out all of the features that they provide, and reviewed them closely. You’ll find all of the details from our own research right here.
That’s what makes our honest reviews the very best out there. Because we’ve gone through the experience of signing up, depositing funds, playing the games, processing a withdrawal, speaking with customer support, and more, we’re able to inform you on what works and what needs more focus at all of these sites. This way, you can get the information that you need and make an informed decision upon which site(s) you want to become a member of and play at. This is the primary way that you’re able to find the very best betting site for you. Honest reviews are the best reviews!
Risks of Real Money Gambling
One thing to note is that gambling should be a fun pastime for you to do, not something that you become too dependent on. This is why it’s important to know that real money gambling also comes with its own risks. Of course, it’s important to not let these risks over-run the entertainment side of things. However, always remember that these risks are a part of the overall real money gambling sector.
Gambling addiction is perhaps one of the largest risks involved with this type of gaming. Unfortunately, many people do become a bit too obsessed with playing casino games and placing wagers on sporting events. It’s important to keep in mind, though, that you’re almost certain to lose money at some point during your gaming session. There isn’t a single gambler out there who can guarantee that they will win on every single bet.
This is why you should always look at real money gambling as a favorite hobby and not specifically as a direct way to make money. Although it is possible to come away with more than you started with, the thing to remember is that this should not be the be-all-end-all.
Furthermore, as spoken of before, there are scam sites that exist in the online world, which is another risk of the real money gambling sector. These sites aim to take your deposit and either not allow you to play with it or not allow you to withdraw your winnings. We don’t endorse such sites, which is why you won’t find any of them on our recommended gambling platforms list. Needless to say, it’s easy to be blinded by masses of games or special offers that will allow you to play for longer.
However, as long as you remain smart and think logically about it, the entertainment and enjoyment factor will far outweigh the risks. Don’t go into gambling with the idea that you’re solely there to make money. Go into it with an open mind, and remember that losses will most likely occur, too.
And never gamble with real money that you can’t afford to lose. Be clever. Be intelligent. But most of all, have fun at your chosen gambling site. Doing so will ensure that the risks of real money gambling aren’t even a factor in your gameplay.
Real Money Bonuses
Perhaps one of the best things about choosing to bet online as opposed to doing so offline is the fact that you can benefit from wonderful bonuses! It’s not likely that you’ll find a land-based establishment providing you with a welcome bonus of 100% up to $1,000!
However, this is very much different when it comes to online casinos and sportsbooks. The vast majority of them come with welcome offers for newcomers to claim and nicely benefit from, which provide you with a nice start. And things don’t end there, either, because additional perks are provided as you continue with your online gambling journey.
The same can be said about an offline bookmaker – you’re not likely to be given a selection of free bets when you create an account at one, whereas online sportsbooks provide some intriguing offers. That’s why, when you compare the two sectors, the online gambling industry wins out quite spectacularly.
The offers that these platforms provide don’t just circulate around bonuses on top of deposits, either. While these are considered to be the most popular promotions to claim, there are various other options for players to enjoy at online casinos and bookies, too.
Some casinos will allow you to receive frees pins on certain slot games. Or sometimes cashback is given on accumulated losses when playing a certain game. It’s also often the case that online casinos will bring forth different seasonal promotions, enabling you to claim offers within certain time periods.
As far as sportsbooks are concerned, apart from the free bets that they often give away to newbies, they’ll also have a selection of sport-specific options. For example, if you’re building up accumulators, you can get some sort of return even if one of the events doesn’t turn out in the way you wagered on it too.
Or if a big sports event is coming up, some platforms give increased odds on such for you to benefit from. All of these special offers and bonuses serve to make your real money gambling experience much more enhanced.
Therefore, if you do have a struggle when it comes to deciding between online or offline gambling, these perks will surely help to promote online betting as being a much more entertaining option.
Legality
Needless to say, online real money gambling is not something that is legal in all jurisdictions around the world. That’s why it’s important to check how legal any sort of gambling is within your country. Of course, this is not always something that is so easy to understand, and finding out whether or not real money gambling online is legal for you to participate in from your country can often be somewhat of a grey zone. There’s nothing so black and white about it.
Many countries don’t have any laws that specifically pertain to online gambling but have set rules when it comes to gambling in general. Alas, it’s important to approach participating in such with care. After all, the last thing you want to do is get in trouble with the law over accessing something illegal. Of course, we want you to have a great time and experience the fun and thrills that come with betting and gameplay, which is why we are here to help with this.
Try consulting your local laws on gambling before you go ahead with placing any wagers. At least you’ll then be somewhat informed on what the legal status of online gambling is in your jurisdiction.
Naturally, we believe that anyone and everyone should be allowed to gamble as they choose with their own money, although some laws are in place to try and stop criminal activity. Don’t lose heart, though, because there will generally always be ways for you to enjoy online real money gambling – especially when you look through our collection of recommended licensed and regulated platforms.
Make Money Gambling Online
If you opt for one of the casinos or sportsbooks that we recommend, then you can guarantee that they all possess at least one gambling license. Without such, they wouldn’t be operating legally in the online world. These also ensure that a safe and secure gaming environment is provided, while your money remains safe upon making a deposit and withdrawals.
It’s not specifically necessary to access online gambling sites from a home PC. You can also participate in online gambling from a mobile device, such as a smartphone or tablet. Most casinos and sportsbooks today are now optimized to provide a great experience from these devices.
Make Real Money Gambling Online
The vast majority of online platforms now provide instant-play games and sports betting. In some cases, you do have the option of downloading such to your desktop. However, it’s often the case that it’s not a necessity.
The great thing about online real money gambling now is that most platforms enable you to use one of many different forms of payment methods. So, while credit and debit cards are usually accepted, so are various e-wallets, prepaid cards, bank transfers, and more.
This is something that will differ from site to site. It also depends upon which withdrawal method you opt to use. Generally speaking, a platform will need up to a couple of days to process the withdrawal for you, and then the withdrawal method you have chosen will do the next part, which can take anywhere between 24 hours and multiple days.
If an online casino is legitimate, then it will provide links to companies that can help with gambling addiction. There are organizations set up around the world to assist with this, and the casino should actively promote these companies.
This depends upon your local laws, which is another reason why it’s better to check into these. In some locations, the minimum age to gamble is 18, while others set it as 21. Make sure you check into this before getting started.