Can You Really Earn a Living with Real Money Casinos?
Playing at online casinos provides you with a sense of thrill that few other activities can deliver. There’s a rush of excitement as you land a win, so it’s natural that many people wonder if they could make a career out of it this exhilarating activity.
The good news is that it’s possible to make a living playing at real money casinos. You just have to be very selective about the activity that you choose for your endeavour, and you must be committed to the journey in order to turn a profit over a long period of time.
It’s Not All About Luck
Luck does play a huge part in whether or not you’re successful playing at real money casinos – but it’s not the most important factor when you’re gambling as a career. You must be a smart mathematician and have a strategic mind if you want to make a living playing casino games online, and you have to have plenty of patience when you’re starting out down this career path.
Playing Poker Online
Playing poker online can lead to lucrative earnings, but it will take a lot of work until you build yourself up to the level of poker pros. Poker is a game of skill, so you’ll have to work hard to learn about the game and its strategies. Fortunately, there are plenty of resources available on the web to get you off to a good start, with Daniel Negreanu even teaching a MasterClass on the topic.
The next thing you’ll need is money. Fortunately, you can play poker at microstakes (1c/2c blinds) to build your bankroll when you start out. It may take a little while to go from having a $50 bankroll to a $5000 bankroll, but there are plenty of pros who have made the journey. It just takes patience and commitment – like it would if you were trying to succeed in any new career.
If you get good enough at poker, there’s also possibility for you to get backed by an investor. Plenty of bankroll suppliers are out there on the web, looking for fresh talent to support. They’ll provide you with up-front cash to play poker online, and you split your profits.
When playing poker at real money casinos, there are plenty of ways to make money. You could take part in cash games or tournaments, and even compete in satellites to earn entry into huge events with million-dollar prize pools. Poker is, by far, the most realistic option if you want to earn a living gambling online.
Sports Betting
There are quite a few people around the world who make a living off betting on sports and, if you’re both lucky and knowledgeable, this could be a potential money-making endeavour for you.
Professionals note that there are pretty big swings when you make a living off of sports betting, with Dirk Paulsen making up to €10,000 in a day but also losing €30,000 over some weekends. It’s a very high-risk career, but thrill-seekers may not mind this type of lifestyle.
If you want to bet on sports to earn a living, it’s important to remember that most of your income won’t come from being able to correctly predict winners. Instead, you’ll be relying on arbitrage betting, value betting and matched betting.
While sports betting can be a lucrative means of making money, you will need significant starting capital. You could potentially start out building your bankroll by making small bets on accumulators but to begin making enough to get by, you’ll need to have at least $20,000 in your bankroll to be able to make wagers that you can live off of.
Spinning the Reels on Slots
If you’re a fan of playing slots online, it’s best to keep this activity as a hobby. Slots are completely randomized, and there is no real strategy that you can employ in order to win. As such, this type of online casino game is not a great way to earn a living at online casinos – but, it’s a fantastic way to pass the time, and you can take a look at this website to find out where the best places to play online slots are.
Table Games
Table games like blackjack, roulette and craps are also not recommended if you want to make a living. You can play these games as a distraction or when you’re on a break, but they aren’t designed for players to win over a longer period of time.
Of course, there are some players who can say that they have made a living off of playing blackjack – but, these tend to be individuals who play in the land-based market and count cards. This is a very specialised skill and it can get you kicked out of some casinos so, it may not be worth the risk. It’s also not possible to do in the online gaming market, as games run on random number generator software rather than having a dealer hand out the cards.
Starting Capital
If you want to make money playing at online casinos, you’ll have to spend money first. No matter what activity you’re taking part in, it’s always possible to work your way up from almost nothing. Just remember that this takes plenty of time.
While casino bonuses can get you off to a good start, it’s difficult to turn those funds into real cash. Wagering requirements apply, which require you to bet your bonus a number of times before you can turn it into actual money. So, ensure that you don’t depend on casino bonuses when starting out in your online gaming career.
If you’re considering making a living as a professional gambler, it is possible. However, it does take as much hard work and dedication as it would in plenty of other skilled professions. So, it’s important that you really enjoy playing at real money casinos and know that this path isn’t a “get rich quick” option. You should be prepared to put in the work, but you’ll eventually be able to reap some big rewards.
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