Getting rich gambling
Is it really possibly to get rich Gambling?
I was just reading a site which claims they can show you how to make £300 a day from gambling at the current exchange rate thats $600. Is it really possible to make money from online casinos and sportsbooks?
The internet offers a wide range of opportunities for people with a bit of risk capital, I say risk capital because you should never ever risk money you can't afford to lose.
I have had a few attempts on the GG's and to be honest I have just about broken even, maybe made a small profit but not much. I think it takes a special of person to be successful from gambling online I get quite nervous putting my 50p each way on the 3:30 at cheltenham or wherever mainly because I don't want to get caught by the Mrs.
I decided to try and make gambling cash because I know of people that make a lot of money both from playing online poker and sports betting, I have also heard of people that have lost a lot. I have tried betting on horses laying horses and arbitrage, I would not risk poker as I have no idea how to play and believe it to be quite a skillfull game.
Whats Arbitrage?
Arbitrage is a supposedly low risk form of investment made possible by the internet it involves working on the bookies odds, for example if their was a football match between Manchester United and Arsenal no 2 Bookies would offer the same odds one might have Manchester United to Win with better odds the other would have Arsenal and then another one would have odds on a draw. So you need to find which bookies are offering what and then calculate how much to put on each one, their are services and even software that do this for you.
With free bets and cash available from the bookies it should in theory by quite profitable but I found that the odds would change and theres was never usually that much profit in it, I think the most I made was about £20 for a £300 investment and that was only because of free bets.
Gambling for cash
What the internet does offer is the opportunity to get lots of free cash their are many online bookmakers all competing for your business, in order to get market share many of these bookies offer free bets. Free money up to £200 online casinos offer even more for those of you interested I have put together a free bets directory.
Those of you that don't want to risk it might want to look at my Free stuff UK and Sites that Pay
jai:
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