How To Earn Money Gambling

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If you’ve been looking for a thrilling way to pass your free time and earn some money while you’re at it, you’ve come to the right place. Online playing for real money is an excellent way to spend both your time and your cash, and we took the time to make a list of all Tags: gambling for real money.

The first step to becoming a professional gambler is learning enough about probability to get an edge when betting. Casinos stay in business because they have a mathematical edge over most players. Your goal as a professional gambler is to only bet when you have anedge.

But how do you know if you have an edge or not?

You have to be able to do the math.

Luckily, it’s not hard.

Probability is just a mathematical way of looking at how likely certain events are. A probability of an event occurring is always a number between 0 and 1. If an event has a probability of 0, itwill never happen. If it has a probability of 1, then it will always happen.

Here’s an example:

You flip a coin. You want to know the probability that it will land on heads.

You determine that by dividing the number of ways you can achieve the result you’re solving for by all possible results. When flipping a coin, you only have one way of getting heads. You alsohave two possible results—heads or tails. So your probability of getting heads is 0.5.

That probability can be expressed as a fraction or a percentage, too. 0.5 is the same thing as ½, and it’s also the same thing as 50%.

When you bet on a particular event, you can compare the probability of winning that bet with how much you risk versus how much you stand to win in order to determine the expected value of thatwager. For most casino games, your expected value on each bet is negative—the casino has an edge over you.

Here’s an example:

You bet on a single number at the roulette table. The probability that you’ll win that bet is 1/38. If you do win, you get paid off at 35 to 1 odds.

One other way to express a probability is in odds format. That’s a comparison of how many ways you can fail versus how many ways you can succeed. Since a roulette wheel has 38 numbers, youhave 37 ways to lose and only 1 way to win. That means your odds of winning are 37 to 1.

If you got paid off at 37 to 1, you’d have an edge of 0, and so would the house. If you could get paid off at 38 to 1, you’d have an edge over the casino. But you only get paid off at 35 to1, so the house has an edge over you.

In all those cases, your probability of winning is low, but if you get paid off enough money, even a low probability bet gives you an edge over the house.

Here’s why:

Suppose you play 38 spins of the wheel. You’re betting $1 on every spin. If you get results that mimic the mathematical probability, you’ll lose $37 and win $35. You lost $1 on 37 spins, and youwon $35 on one spin. That means your expectation is -$2 over 38 bets.

You can divide that expectation by the number of bets to get an amount you expect to lose on average per bet. In this case, your expected loss per bet is $0.0526. You can express that as apercentage if you like, and in this case, that percentage is 5.26%.

Your goal as a professional gambler is to only place wagers where you have an edge. Since your statistical results over a large number of trials should near the mathematical expectation, you canexpect a profit if you play long enough.

That’s the math that works for the casino, and that math can work for you as well.

Welcome to OnlineGambling.co – your ultimate guide to the best online gambling sites!

With so many online gambling websites claiming to be the best thing since sliced bread, choosing where to play can be a headache. This is where we can help you.

We’ve compiled an honest and unbiased list of the very best online gambling sites across four areas: casino, sports, poker and bingo.

But wait, that’s not all. We bring you:

  • A constantly updated list of the best casinos and sports betting sites
  • Detailed reviews from industry experts
  • The top bonuses you can find in the betting world
  • Our Editor’s Picks for 2019

    Best Gambling Website: www.Bovada.lv

    With a ton of exciting casino games to play, Bovada Casino has earned its reputation as the best online casino around. We rate them as #1 in 2019, and if you download their client and sign up now they are offering a $1000 welcome bonus!

    How We Rate the Best Gambling Sites

    Gambling

    Only the cream of the crop makes it onto our top list. Our team of experts dissect every gambling site we come across in a bid to determine how good – or bad – it is.

    The team is made up of gamblers who have decades of combined experience gambling online, so they’re a tough crowd to please! To make the cut and get featured on our list, the best gambling online sites must score highly across several criteria.

    What do we demand from the best gambling sites? We expect:

  • A Safe and Secure Gambling Environment
  • Beginners often ask us, “Is gambling online safe?” A safe experience is guaranteed when you play at one of our recommended betting sites.

    These sites employ SSL encryption and Two Factor Authentication (2FA) to keep your personal information and account safe.

    Concerned about games being fixed? Don’t be. The top gambling sites carry licenses from respected regulators in their respective jurisdictions. These sites also allow independent gaming fairness labs to test their games. This proves that results are totally random and fair.

  • Generous Bonuses and Exciting Promotions
  • Amazing welcome bonuses are a must at the best online gambling sites. We look for sites that give you a variety of bonuses to choose from. After all, why would you want a free sports bet if you only want to play slots?

    Sometimes you don’t even have to deposit to receive great gambling site deals. We give high scores to sites that offer no-deposit bonuses and free spins to let you try games without depositing. The top sites also offer reload bonuses and a VIP ladder.

  • Great Selection of Payment Methods
  • How many payment methods are available? Does the cashier software make it easy to deposit? Are there fees involved? How long will it take to receive your winnings after requesting a withdrawal? We consider all these factors when rating the best online gambling sites.

    Several payment methods should be available to fund your chosen gambling site. This should include options like credit cards and e-wallets (such as Neteller and Skrill). The online betting site should make it clear if any fees will be involved. We also time how long withdrawals take.

  • Fast and Friendly Customer Support
  • Have you ever encountered a payout issue or a technical glitch? Then you’ll know the importance of a first-class customer support team. We give high scores to online gambling sites that offer several different support options. Fast responses are also a requirement.

    The best betting sites should offer live chat, email, and phone support. Queries should also be addressed quickly by friendly and highly-trained support agents. To ensure this is the case, we put their knowledge to the test by asking a series of questions.

    As you can see, rating the best gambling sites is a long and complicated process.Luckily for you, we’ve done all the hard work for you. Simply sign up to one of our recommended sites and you know you’re going to have an epic online gambling experience. And don’t forget to claim one of the awesome bonuses we’ve secured for you.

    Our Top Gambling Site

    Best Overall Website: www.Bovada.lv

    Whether you like to play casino games or bet on sports, Bovada has all your online gambling needs covered. With quick and easy deposits and lightning fast withdrawals, they are our number one pick for 2019.

    Why Gamble Online?

    Like anything else, there are pros and cons to gambling online. Let’s walk you through them so you can see if an online casino or sports betting site is more suited to you than a brick-and-mortar one.

    Superb Bonuses and Promotions

    The best online gambling deals involve big welcome bonuses that reward you for making your first deposit. No-deposit bonuses, free spins and free bets are some other promotions sites offer. You can also win prizes by participating in exciting tournaments online.

    Your Favorite Games in One Place

    Want to bet on sports events? Perhaps you fancy spinning the reels of slot machines? In the mood for some poker or bingo instead? Online gambling websites allow you to bet and gamble on all types of games using a single account. Now that’s convenience for you!

    Gamble Anytime, Anywhere

    Unlike most land-based casinos, gambling sites are open 24/7. This means you can simply log in and play your favorite games without leaving the house. Even if you aren’t near your desktop, the best sites offer mobile-optimized games to play on the go.

    Suitable for All Bankrolls

    Are you a low-limit player looking for a cheap form of entertainment, or a thrill-seeking high roller wanting to bet big? It doesn’t matter how deep your pockets are when you play at online gambling sites. Players of all bankroll levels are warmly welcomed.

    Now that we’ve outlined some benefits of gambling online, it’s only fair that we also highlight the downsides, right?

    Laws and Regulation

    Online gambling laws are different around the world. It’s perfectly legal to gamble online in many countries, while it’s illegal in others. And don’t even get us started on the grey areas that create even murkier waters. Regulations rarely target individual players, but you should always check if internet gambling is legal in your country before you play.

    Withdrawal Times

    You can simply walk up to the cage and cash-in your chips when you win big at a land-based casino or betting shop. Unfortunately, processing times may get in the way when you play at even the best online gambling sites. You may have to wait several days for your money. However, if you stick to the recommended payment methods, you can see money in your account in as little as 24 hours.

    The Top Five Online Gambling Tips

    We constantly receive emails from new players asking us for online gambling tips.

    As veteran gamblers, we could quite literally write a book filled with advice. But we know you want us to dish the dirt quickly to get on with your gaming. Here are our top five essential tips for online gamblers:

    Learn the Rules Before You Play

    It’s vital that you understand the rules of the game you want to play. That way, you maximise your winning odds. Read expert-written guides to learnhow to play games you haven’t played before. Our guide on how to play 3 Card Poker is a great example.

    Stick to Reputable Online Gambling Sites

    The reality of internet gambling is that there are loads of shady sites. These sites offer rigged games or make lame excuses when it comes to paying out big wins. But don’t worry, we’ve found safe and secure online gambling sites that welcome players from your country.

    Read the Bonus Terms and Conditions

    One of the biggest mistake’s beginners make is not reading bonus T&Cs. They see ‘amazing’ welcome offers, sign up and deposit in the blink of an eye, only to learn that there are unrealistic wagering requirements attached to the bonus. Bigger isn’t always best.

    Play Casino Games with the Highest Return To Player (RTP) Percentage

    To give yourself a better chance of winning, play casino games with a low house edge. Blackjack is a great shout if you enjoy table games. Most online blackjack games offer an RTP of around 99.5%. The RTP of slots differs greatly, but anything above 96% is deemed impressive.

    Set Weekly or Monthly Deposit Limits

    Setting limits is very important when it comes to online gambling. Real money can quickly disappear from your bank account if you start chasing losses. Make use of the responsible gambling measures gambling sites have in place to limit how much you can deposit.

    Online Gambling Around the World

    Our main goal at OnlineGambling.co is to match you with the best online gambling sites for your country. This means we must keep up-to-date with all the latest laws. Let’s take a closer look at the gambling situation across the globe. We’ll briefly cover the laws and regulations in place for each territory, as well as the most popular games that you can play.

    Online Gambling in Asia

    Considering Asia makes up 60% of the world’s population, it shouldn’t come as any surprise to learn that it’s also the largest gambling market. However, internet gambling laws are just as varied as the cultures of Asian countries. Online gambling is prohibited in many Asian regions, yet legal in others.

    For example, all forms of gambling online are banned in China, Japan, Singapore and Indonesia. Despite this, many gamblers play at international gambling sites by bypassing government firewalls and filters.

    Thankfully, lots of Asian countries have adopted friendly attitudes towards online gambling. You can play games like Baccarat and Mahjong at the best online casinos in Macau. Sports betting sites are thriving in the Philippines and India. You can also bet and play casino games online in Thailand and Malaysia.

    Online Gambling in the United States

    Your options are limited when it comes to legal online gambling sites in the United States. You have the Federal Wire Act and the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) to thank for that. However, several states now offer regulated online gambling markets.

    New Jersey is the largest of these markets. You can choose from over a dozen licensed poker and casino sites in New Jersey. There has also been an explosion in sports betting sites in recent times. Other states like Delaware and Nevada have also opened their doors to internet gambling.

    More states are set to follow suit. You can already access sports betting sites in West Virginia, with online casinos and poker sites set to follow in 2020. Pennsylvania is set to follow suit as many of the state’s major casinos are going to roll out online casinos.

    Online Gambling in Australia

    Unfortunately, you won’t be able to play at licensed online casinos in Australia. The land Down Under addressed the legality of online gambling back in 2001 with the Interactive Gambling Act. This law states that it’s illegal to offer online gambling games like pokies, table games, and poker.

    So, what options do you have as an Australian resident? Well, it’s still completely legal to place bets on auto racing. As a matter of fact, sports betting websites in Australia offer tons of different markets for you to bet on. You just can’t bet in-play. Online lottery and keno games are also legal.

    Australia’s laws surrounding gambling online have led to many players flocking to New Zealand. The best online gambling sites in New Zealand offer all your favorite games under one roof. You’ll have plenty of fun spinning the reels of blockbuster pokies developed by Ainsworth and Aristocrat.

    Online Gambling in Europe

    Did you know that Europe leads the way when it comes to regulated online gambling? Individual countries are responsible for passing their own gambling laws. Keeping up with so many European regulations can be incredibly challenging, but we’ve done all the hard work for you.

    Regulated markets like the UK and Spain require online gambling websites to apply for licenses before accepting real money bets. These licenses are awarded by bodies like the UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA) to confirm that games are safe and fair.

    Football and horse racing are two of the most popular markets at online bookmakers in the UK and throughout Europe. Poker and bingo games are also very popular. You can also spin the reels of feature-packed slot games from industry-leading software providers like NetEnt and Microgaming.

    Online Gambling in Canada

    If you’re a Canuck, you’ll know that online gambling laws in Canada have always been very strict. Each province is responsible for setting its own laws. The good news is that all ten provinces in Canada offer several forms of legal online gambling to keep you entertained.

    We’ve identified the most reputable online gambling sites in Canada on your behalf. Each of these sites is licensed and regulated by the Kahnawake Gaming Commission (KGC). The best sites also allow independent gaming fairness labs totest their games to ensure results are random.

    You’ll have tons of options to choose from if you want to play poker online in Canada. Fans of online sports gambling can place wagers on major sporting events, like the Stanley Cup and the Tim Hortons Brier. You can also play your favorite casino and lottery games when you gamble online in Canada.

    FAQ

    Can you gamble online in the United States?

    This depends on which state you live in. States possess the power to make onlinegambling legal or illegal. Many states have embraced online gambling in recent years by regulating the market. This means that safe and secure betting sites are guaranteed if it’s legal to gamble in your state.

    Regulated internet gambling has rolled out across several states like New Jersey, Delaware and Nevada. You can bet on sports in West Virginia, but you’ll have to wait until 2020 before you can play casino and poker games.

    Can you gamble online in Asia?

    It’s illegal to gamble online in countries like China, Japan, Singapore and Indonesia. Thankfully, not all Asian countries take such a view of online gambling. There are tons of sports betting sites in India and the Philippines to choose from. You can also play great casino games online in Macau.

    Thailand and Malaysia are another two Southeast Asian countries that offer plenty of online options, especially when it comes to betting on horses and playing popular Asian casino games like Baccarat and Sic Bo. You can also play Mahjong online for real money at many Asian sites.

    Is online gambling safe?

    It is when you play at one of our recommended online gambling sites. Only safe and trustworthy gambling sites make it onto our top list. These sites possess licenses from reputable gaming authorities. They also allow their random number generators (RNG) to be tested for fairness.

    The best online gambling sites also have several security measures in place to keep you safe. This includes SSL encryption to stop your personal details being stolen when conducting transactions. Two Factor Authentication (2FA) is also used add an extra layer of security to your account.

    What’s the best online gambling site?

    Take your pick from our top list of recommended online gambling sites. No matter which site you choose, an amazing experience is guaranteed. You’ll receive a generous welcome bonus, plenty of banking methods will be available, plus you can win big playing all your favorite games in one place.

    Can I gamble on mobile?

    You certainly can. As a matter of fact, if an online gambling site isn’t mobile-optimized, we’d go as far as saying that you shouldn’t even consider playing there. The best online gambling websites invest heavily in ensuring their website and games can be accessed via tablet and smartphone.

    The top online gambling sites are compatible with Android, iOS and Windows mobile operating systems. HTML5 technology is used to ensure you get the same great experience on mobile devices as you would playing via desktop. You can play games in instant-play mode without any downloads.

    Are there any real money casino apps?

    Yes! You’ll be pleased to learn that there are plenty of real money casino apps to choose from. These apps are specifically tailored for your tablet and smartphone.Most online casinos invest in apps for Android and iOS devices, but some are also available for Blackberry and Windows platforms.

    How to make money gambling on horse racing

    One of the main benefits of downloading real money casino apps is notifications. We can’t think of many things better than a little message popping up alerting us to the fact we’ve been awarded free spins or juicy reload bonuses. Can you?


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