Best Online Games that Pay Real Money in 2020. Choosing the best casino games to play for real money is not easy. With so many new Slots and new online casinos popping up all the time, it takes time and sweat to find the best games that pay real money online. Unless you have a trustworthy source.cough. like CasinoSmash.cough. to help you. So there is an opportunity here to make free cash at an online caisnos with no deposit, but the amount you can win is limited. Ultimately, whichever of these two types you select is a matter of personal choice. In our opinion, free spins offer a better chance of making a real money profit.
Win Real Money Through the No-Deposit Bonuses at Best Online Casinos
Nothing will make you feel more welcome and eager to commit to a new online casino that a player-friendly and carefully marketed welcome offer – especially if rewarded on sign-up, with no deposit required. Unfortunately, this is yet to become a norm and a majority of operators are still sticking to the conventional welcome offer bundles, unlocked by the first deposit.
TOP 20 NO DEPOSIT BONUSES
Before we go on to explaining how you can rollover the Bonus Cash and turn it into a withdrawable profit, here is a summary of all the points this article will cover:
Free Online Gambling Games Win Real Money
- Finding the Perfect Online Casino
- Types of No-Deposit Bonuses – Free Spins, Bonus Cash, Live Casino Chips, and Free Bets
- The Difference Between Funded and the No-Deposit Bonuses
- Wagering Requirements
- Tips on How to Rollover the No-Deposit Bonus
Once you are fully acquainted with all the pros and cons of the no-deposit bonus, it is easy to find a suitable casino and claim the offer.
Where to Start - How to Spot the Right Online Casino and Claim the No-Deposit Bonus
Let us cover the basics first – how to evaluate the platform and decide if the casino is worth your time. Although the no-deposit bonuses are risk-free as you are not investing your own money (to claim it, all you need to do is set up and authenticate your account, without transferring any funds to the casino) you will still want to deal with a trustworthy operator and make sure that your time at the casino is well spent. This will require some additional research which will pay off in the long run, no matter how tedious it may seem (especially when all you want to do is gamble).
But some things should not be put on the line, which is precisely why you need to take extra care when entrusting an online casino operator with your sensitive data.
Assuming that the casino does offer the no-deposit bonus, the following things should be taken into consideration before proceeding to the registration page:
- Gaming Licence
- Level of Complaints
- Banking Policies
Gaming Licence
Even though holding a valid gaming licence seems like a given, you would be surprised to learn how many casinos are currently practicing without. As a consequence, this makes them unfit to offer any type of incentive. With no regulator to monitor their operations, there are absolutely no guarantees that the casino will honour its terms of the agreement and release the funds when all conditions of the no-deposit bonus are met.
With a regulatory body breathing down the operator's neck, you can rely on legal protection and objective ruling in case of any disputes between you and the casino.
Another advantage of the licence (the details are usually displayed at the bottom of the casino's home page) is that it can be an excellent source of information about the operator's advertisement practices. If there is anything you need to know about false advertisement and misleading bonus terms, it will be recorded on the licence and available to the general public.
The UK Gambling Commission and Malta Gaming Authority are known as the strictest regulators in the gambling industry, with rigorous legal requirements that must be met before an operator gets the seal of approval.
Level of Complaints
Misunderstood bonus terms are the most frequent causes of grievances, and reputable, player-oriented casinos will always keep the number of complaints in check. In other words, if the level of complaints is on the rise and the casino's complaints department remains silent, there is no sign-up bonus (no matter how generous) that can compromise for the lack of support and quality service.
It is, of course, important to differentiate between the genuine complaints and the ones that could have been avoided had the players paid more attention to the terms surrounding the no-deposit offer.
Banking Policies
Fast processing time, a decent selection of payment methods, and the overall hassle-free withdrawal procedure are qualities that most players are not willing to give up, and anything less than that is unacceptable.
It should be mentioned that a fair amount of complaints is often linked with failed withdrawals, and if you notice that this is a common issue with the operator you are considering, you should probably stay clear.
On the other hand, the no-deposit Free Spins and bonuses are ideal for testing the casinos and their withdrawal procedures without spending a penny of your own money, but we will get back to that.
Types of Bonuses
Contrary to what one may assume, the no-deposit bonuses are just as diverse as the ones granted on your first deposit. The most common types of the no-deposit welcome offers include the no-deposit Free Spins, Bonus Cash, live casino chips, free sports bets, and vouchers.
The No-Deposit Free Spins
The no-deposit Free Spins are the complimentary spinning sessions awarded to the new members on sign-up. Unlike the funded Free Spins, the no-deposit version is usually not bundled up with the Bonus Cash. To claim the offer, you will only need to complete the registration process, opt-in for the bonus, and use the promotional code (if required).
The bets in the no-deposit Free Spins are fixed, and usually lower than the ones in funded spins. In most cases, the number of the no-deposit bonus rounds will rarely exceed 10 or 20, while the depositors will often be able to claim hundreds or even thousands of freebies on their first deposits. These are, of course, only approximate figures, and not all casinos are equally generous.
In some cases, the number of Free Spins (both the no-deposit and funded) can be randomly determined by spinning a wheel of fortune.
The promotional Free Spins have a fixed monetary value (which is typically lower on the no-deposit Free Spins) and you do not normally get to choose the slot. The online casino operator (in collaboration with the software supplier) will select the eligible slots, determine the timeframe during which the spins can be claimed and used, and define the wagering requirements that have to be met before withdrawing your winnings.
The No-Deposit Bonus Cash
Bonus Cash or 'free money' is just as popular as the no-deposit Free Spins, following the same pattern – to claim it, you must create an account, complete the verification process (usually by clicking on the link sent to your email address or via an SMS), and proceed to the promotion page where you can redeem the offer.
The amount of money is not what one might call impressive, but it is theoretically enough to generate winnings and meet the wagering requirements – if handled wisely. Sometimes, Bonus Cash can only be claimed by the specific type of players (for example those who download the mobile casino app), so make sure that you are eligible for the no-deposit Bonus Cash offer by skimming through the casino's Bonus Terms & Conditions.
The No-Deposit Live Casino Chips
A lot of casinos often feature multiple the no-deposit welcome bonuses, and the great news is that they are not mutually exclusive with the first deposit bonus. You will, of course, be limited to selecting just one out of all available the no-deposit offers, which is great if you are mainly interested in one gaming category.
For those who prefer live casino games, the no-deposit casino chips are a heaven-sent, especially if the only other option is a Free Spins session of Bonus Cash with wagering requirements that cannot be met on live tables.
Live casino chips can be pretty versatile as they can be used for gambling on roulette, blackjack, or poker tables unless stated otherwise in the Bonus Terms & Conditions.
The No-Deposit Free Bets
Another popular incentive, the Free Bet is the sports betting ticket with a fixed value and pre-determined odds. Not all sports events may be on the menu, but you will definitely have more options than with the no-deposit Free Spins, where one slot is pretty much all you get.
The No-Deposit Vouchers
This is probably the least popular type of incentive, but you might come across a couple of casinos that offer Amazon or Free-Play vouchers worth up to $50 (rarely more than that).
The Main Differences Between the Funded and the No-Deposit Bonuses
Since the no-deposit bonuses are technically free (we say technically because of the playthrough or rollover terms), they are never as generous as the bonuses granted to the depositors. The following points are where the two bonuses part ways:
- The payouts
- The bet limits
- The selection of games
- The wagering requirements
- Timeframes and expiration dates
The payouts that can be generated from the Bonus Cash or Free Spins are capped, but the maximum amount is significantly lower when it comes to the no-deposit deals. The only time that the limit may not apply is when the casino approves Free Spins on progressive slots, but this is truly a rare occasion.
With the no-deposit bonuses, the maximum payout will hardly ever go over $100 - $500, while the funded bonuses can generate up to $1,000. Hypothetically, the players can win more than that by playing with Bonus Cash, but they will not be able to withdraw it (the casino will only approve the amount that's within the predetermined limits).
The bet limits also help with keeping the winnings in check; since the value of the no-deposit Free Spins ranges from $0.20 - $5.00, the payouts are moderate as well.
You should also bear in mind that not all games will be at your disposal; certain slots and games are excluded from the offer altogether and will not contribute to meeting the wagering requirements if played with Bonus Cash.
The selection of games is even more modest with the no-deposit Free Spins, and the players will rarely have access to more than one slot.
The Wagering Requirements
Wagering or playthrough requirements refer to the total amount that must be wagered before you are able to withdraw the winnings. For example, if the casino has the x20 bonus wagering requirement, it means that this is how many times you will need to wager the bonus amount before cashing out your winnings.
Assuming that the no-deposit bonus of $20 is coming at the x20 wagering requirement rate, you will need to wager $400 before requesting a withdrawal.
As stated, the wagering requirements rates on the no-deposit spins are much higher when measured against the funded bonuses. Having in mind that the casino operators must protect their interests, this is understandable.
It should, however, be underlined that not all wagering requirements are reasonable, and certain casino operators tend to exaggerate, requesting their members to roll over the bonus amount over x60. This can hardly be pulled off, especially since you will not have all the time in the world to meet the threshold. The time frame for hitting the mark (before the bonus funds are removed from your account) is usually between 1 – 4 weeks and the higher the wagering requirements, the more difficult completing them on time will be.
Are There Casinos That Offer Bonuses Without the Playthrough Requirements?
The wagering requirements are not always a part of the deal, and some casinos provide bonuses without imposing any additional conditions. Consequentially, the payouts are lower and the wager-free policy is usually applied to the bonuses awarded on the first deposit.
How to Efficiently Use the No-Deposit Bonus
As mentioned, meeting the threshold and generating a profit is possible on the no-deposit Bonus Cash and Free Spins, but that you can already guess that this can be quite a stretch. Still, even a small profit can be invested wisely, not to mention that there are a lot of other advantages that the no-deposit real money bonuses can bring.
Before you start converting your bonus into actual bets, make sure to do the following:
Check the contribution rate for each of the gaming categories – this is essential, as not all games have equal contribution percentage towards meeting the wagering requirements. In fact, some do not contribute at all, which means that you will be wasting valuable time. Slots are always the safest choice as they contribute 100% - we are, of course excluding live casino and sports betting the no-deposit bonuses since they have a different list of contributing games. It is important to remember that certain slots/software developers are exempt, and you should always check the Bonus Terms & Conditions for the full list of valid games. Live tables, RNG casino games, and video poker will either come at a reduced contribution rate or not contribute at all.
Rely on strategy and odds – if you are claiming the no-deposit bonus which can be redeemed on strategy games and sports bets, always go for the ones where strategy can improve your payout rate and reduce the house edge. Blackjack is a perfect example since a proper strategy can eliminate a house edge. Roulette, being a game of chance is less suitable, but you can always use common sense and bet on Red/Black, Low/High, or Odd/Even. The payouts may be modest, but the objective is accumulating smaller winnings over a longer gameplay period.
Go for the high hit frequency slots with high RTP percentage – make the most out of your Bonus Cash and any subsequent winnings by investing them in slots that have a high hit frequency. The information about the slot's volatility (how often it generates payouts) and the RTP rate can often be found under the paytable. The RTP rate (short for the return to the player percentage) refers to the percentage of a bet unit that will be returned over a longer gameplay session. Your objective is to find a low – medium volatility slot with an RTP that's preferably over 96%.
Games with high volatility will produce more substantial payouts, but you are running a risk of drying out your budget.
Free Online Gambling Win Real Money
With sports bets, be sure to check the odds and avoid betting on underdogs – favourites are safer, and a lot of online bookies even provide tips, which will help you select the likely winner.
What Type of the No-Deposit Bonus Should I Select?
This is entirely up to you – try to figure out where your strength lies and find a casino that offers the no-deposit bonuses which are in line with your interests. There is absolutely no point of claiming the no-deposit bonus that's targeting live casino players if you are not familiar with the rules of the games, or if you are much more comfortable playing slots.
Is Claiming the No-Deposit Bonuses Worth the Hassle?
It definitely could be! If nothing else, it can at least serve as a testing ground for evaluating the casino, the quality of the customer support, and even their withdrawal policies. Do not fret if you haven't met the wagering requirements – you should still be able to withdraw (at the expense of the remaining Bonus Cash) and see how the operator handles the payouts, how long the pending times are, or how responsive the customer support is. The best part is that you are not risking your money since your bets were funded by the casino this whole time, and you can simply close your account at even the slightest hint of trouble.
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.
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.
Free Online Gambling Win Real Money
With sports bets, be sure to check the odds and avoid betting on underdogs – favourites are safer, and a lot of online bookies even provide tips, which will help you select the likely winner.
What Type of the No-Deposit Bonus Should I Select?
This is entirely up to you – try to figure out where your strength lies and find a casino that offers the no-deposit bonuses which are in line with your interests. There is absolutely no point of claiming the no-deposit bonus that's targeting live casino players if you are not familiar with the rules of the games, or if you are much more comfortable playing slots.
Is Claiming the No-Deposit Bonuses Worth the Hassle?
It definitely could be! If nothing else, it can at least serve as a testing ground for evaluating the casino, the quality of the customer support, and even their withdrawal policies. Do not fret if you haven't met the wagering requirements – you should still be able to withdraw (at the expense of the remaining Bonus Cash) and see how the operator handles the payouts, how long the pending times are, or how responsive the customer support is. The best part is that you are not risking your money since your bets were funded by the casino this whole time, and you can simply close your account at even the slightest hint of trouble.
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.
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
Online Gambling Win Real Money
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.