Online Gambling Sites
Gambling has a long and rich history packed with incredible events and inventions. Although we already know much about gambling, some milestones in its evolution still remain a mystery. For example, we don’t know exactly when the first games of chance emerged. According to some researchers, our ancestors took interest in gambling games when they became sedentary and learned to make the first tools, such as stone flints and spears. All ancient civilizations had their typical casino games that evolved based on local traditions and mode of life. Some of those games made it to our day, although in modified forms.
They conquered all the continents and gained immense popularity among players. Today it is obvious that online gambling sites and games will be developing side by side with technologies. The future of the industry lies in gambling online. Gambling lovers from all over the globe (India/China/Spain/USA/Italy/Canada, etc.) are actively using Internet to access best online gambling sites with amazing games. Generous prizes, bonuses, and adrenaline are now easily available to every player!
In this article, we’ll take a close look on online gambling real money and how it evolved throughout the centuries. We’ll touch upon the legality of gambling and see how governments regulate the gambling industry. Also, we’ll zoom in on online gambling USA. You’ll find out how to choose the best gambling sites and whether gambling is a sin.
Online Gambling Sites
In the past, a land-based casino was the only place where players could come to gamble. Today, the situation is rapidly changing as online gambling sites are growing more and more popular among gamblers.
The biggest problem with land-based casinos is that you most likely have to leave your home (or maybe even travel to another city) to enjoy gambling. This means you have to spend both time and money. With gambling online, all you need is a device connected to the Internet! Switch on your PC or smartphone and access any gambling site with amazing slot machines. You can even gamble at home lying on your couch! No need to go anywhere!
Online gambling sites boast a bunch of obvious advantages that are hard to overlook. Easy availability, big selection of games, and convenient deposit methods are just a few strengths of gaming sites.
In the context of the recent financial crisis, online gambling real money have become even more attractive to players because they offer lucrative money-making opportunities.
Online gambling sites made entertainment available to everyone. Nowadays, literally any user can afford to make a bet. In addition, an online gambler can enjoy absolute privacy. In online casino, no one will judge you by your looks or bankroll. You can make small bets without the fear of catching surprised glances. Finally, you can gamble while lying on a sofa in your favorite pajamas, and no one will know!
Games on online gambling sites always offer low betting limits. This minimizes the risks you take when making bets.
Even with a small budget, you have a chance to enjoy exciting slot machines, mysterious roulette, tricky blackjack or any other game to your taste. This is especially important for beginners with little to none gaming experience. Usually, the minimum bet starts from several cents. If you have ever visited a brick-and-mortar casino, you must know that their lower betting limits are much higher.
Along with small bets, online gambling sites also accept small deposits. In some casinos, the minimum deposit is as low as $10. For such a small fee, a player gets access to a huge collection of slots and other breathtaking games. With just $10 in your account, you can even play live games with live dealers! In a land-based casino, $10 is considered a ridiculous amount that can cover 1-2 bets, tops.
Mobile apps bring online gambling sites closer to mobile users. Owners of advanced smartphones have a unique chance to gamble anywhere and anytime! All you need to is to download a mobile app on the casino website. It won’t be long before the majority of bets on gambling websites will be made on smartphones, and not desktop computers. By the way, an average price of smartphones is going down, further enhancing the popularity of mobile devices. (The same can’t be said about desktops and laptops.)
Following your first deposit on gambling websites, you can credit your account with practically any amount, even as small as 1 dollar. However, you need to make sure your selected payment system accepts micro payments and doesn’t charge a high commission.
According to the World Health Association, gambling addiction (also known as “ludomania”) is a heavy personality disorder. An addicted person loses the ability to control their behavior and take responsibility for their actions. The research shows that every second person in the world is prone to gambling addiction. The disease can develop very fast, even after a few hours of playing.
The prerequisites to developing a gambling addiction include: unstable mentality, inability to control yourself, dissatisfaction with life, predisposition to depression, social anxiety, Attention Deficit Disorder, etc.
Winnings can also trigger gambling addiction. When you win at slots or roulette, your brain produces a chemical called dopamine. It’s released when a person experiences pleasant emotions. This is why you feel happy and elated every time you get your hand on a cash prize. In this regard, gambling can be compared to taking drugs. A person starts craving for more dopamine, which urges them to keep making bets.
For the most part, gambling addiction affects male players aged 20-40 and female players aged 40-50.
How to recognize gambling addiction
Sure signs of gambling addiction:
- you lose self-control while gambling;
- gambling becomes your priority and you can’t think of anything else;
- you don’t want to stop gambling even if you’re losing.
If your family member or friend shows these signs of addiction, you should get worried:
- emotional detachment;
- lack of goals in life;
- lack of appetite;
- unkempt looks;
- money problems;
- insomnia, etc.
How to help a gambling addict
Gambling addiction is a very serious matter that won’t “pass” on its own. This condition calls for professional assistance. An addict must take antidepressants and see a psychologist. Treatment can take up to several months.
If you or someone you know is struggling with gambling addiction, don’t hesitate to call SAMHSA’s National Helpline at 1-800-662-HELP (4357). Click here to learn more about SAMHSA.
Sports gambling is betting on sports events, when two parties – a gambler and bookmaker (bookie, sportsbook) – agree to bet on the outcome of a sports event (football match, boxing match, horse race, etc.). Gamblers place wagers and bookmakers accept them. By making a bet, your try to predict the outcome of a sports competition. If you guess right, you get a payout. Sports betting is hugely popular all over the world.
Nowadays, bookmakers even take bets on election results, music shows, movie releases, and other events.
Still, the majority of wagers is made on sports. According to sports fans, betting adds excitement to any competition, transforming it into a memorable event.
At the same time, sports betting is not gambling in its pure form. Unlike with slots or roulette, luck is not the only factor in play here. In sports betting, the outcome depends of your knowledge of a specific sports niche and your analytical skills.
Types Of Sports Bets
Sports betting is wildly popular worldwide. If there is a sport, bookmakers take bets on it! Here are the top popular sports among bettors:
- horse racing;
- football (European and American);
- Car racing (Formula 1);
- and others.
Betting Odds And Lines
Bookmakers offer the so-called game lines. It’s a list of bets and odds for a specific sports event. Naturally, players prefer diverse game lines with various types of bets and outcomes.
Betting odds indicate the probability of a particular outcome taking place. The odds incorporate the bookmaker margin, i.e. a fixed amount of money that a bookie will get regardless of the outcome. In other words, a margin is a fee a bookie charges you for giving you the opportunity to make a bet. Bookmaker margins ensure that sports gambling sites always make a profit.
Let’s take a look at this formula: Betting odds = 1/Probability of a certain outcome (0 to 1).
For example, if the probability is 50/50, the formula will look like this: Odds=1/0.5=2. However, in real life, odds attend to be lower (e.g., 1.9 or 1.97), depending on the bookie margin.
In gambling, your primary goal is to get your hand on a money prize.
Gambling games share one peculiarity – their outcomes depend entirely on luck. A player can do nothing to affect the outcome of a game.
Nowadays, slot machines are considered to be the most popular casino entertainments. Slots are played by millions of gamblers. Modern slots feature top-notch graphics and elaborate plots, taking a player experience to a whole new level. However, slots are not the only games you can find on the best online gambling sites. When talking about iconic gambling games, we can’t overlook roulette and blackjack. On online gambling sites, you can play at least two roulette variations – American roulette and European roulette. As for French roulette, you’ll have to look hard to find it! Casinos don’t like this roulette version because it provides players with high winning odds. There is a common opinion that blackjack, baccarat, and other card games have lost their charm in the course of their web transition. They no longer have their signature features, i.e. live communication and dealers. There is grain of truth to it. When played online, blackjack may seem a little boring and monotonous. Luckily for die-hard blackjack fans, they can enjoy playing their favorite games in live casino. Live casinos are a smart compromise between land-based and online gambling. Plus, the best gambling websites have poker and other arcade games.
Is Gambling A Sin?
Despite multiple virtues, gambling has a controversial reputation in today’s world. Gambling is often seen as something dirty and inappropriate. Casinos are castigated as rogues and robbers. Gambling passion is viewed as a dangerous disease. These and other stereotypes run deep in the modern society, regardless of the country. We won’t argue with the fact that gambling addiction is a threatening personality disorder that requires immediate treatment. In this regard, addiction to gambling is no different from addiction to alcohol, drugs, tobacco or computer games. We’ve already addressed this topic earlier in this post. Now let’s clear up another issue: is it true that gambling is a sin?
Religious people and clergymen have a negative attitude towards gambling. They believe gambling to increase loan debt, encourage corruption and prostitution, and undermine morality. On top of that, Catholic bishops are convinced that games of chance tempt poor people with easy money. Blinded by the desire to become rich overnight, such players blow away their last money and make their financial situation even worse.
On top of that, clergymen have their personal reasons to disapprove of gambling. If the congregation spends all their money on gambling, they will be less willing to contribute money to church needs.
There is another stance on gambling, though. If gambling games are played fair and opponents have equal winning chances, the Catholic church sees nothing wrong in gambling. If, instead of viewing gambling as a source of easy money, you really enjoy the play process, you’re not breaking any moral code.
Curious to know how gambling is viewed by the world’s predominant faiths? Check out this article: Is Gambling a sin? to find out what different religions think about gambling.
What Does The Bible Say About Gambling?
When studying this complex issue, we stumbled upon controversial opinions. According to some sources, although the Bible doesn’t mention gambling, it’s obvious that God castigates casino games. We tried to find out how that opinion formed and whether it’s true.
As said earlier, you won’t find any mentions of gambling in the Holy Bible. However, there are multiple references to chance and luck. For example, the Levites chose a sacrifice animal by throwing a coin. Nehemiab, a Jewish leader of the 5th century, would throw a coin to decide which families were going to live within the city walls and which had to move outside. Proverbs 16:33 says,
“The lot is cast in the lap, but its every decision is from the Lord.”
In the Bible, you won’t find any condemning words about casino games, wagers, and lotteries. At the same time, greed and love for money are vigorously castigated. “Those who want to become rich fall into temptation and get trapped; they give way to reckless and destructive desires that lead to death” (First Timothy 6:9).
While those lines are open to interpretation, it’s obvious that the Bible condemns the desire to become rich without having to work, but not the way in which the wealth was achieved.
Here is what the Bible says about money:
First Timothy 6:10:“For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”
Hebrews 13:5: “Keep your lives free from the love of money and be content with what you have, because God has said, ‘Never will I leave you; never will I forsake you.’”
Matthew 6:24: “No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money.”
The Holy Bible warns people against becoming the slaves of material wealth. (Proverbs 13:11; 23:5; Ecclesiastes 5:10)
Proverbs 13:11 says, “Dishonest money dwindles away, but he who gathers money little by little makes it grow.”
While the Bible says nothing about gambling, it disapproves of greed and avarice. Is it fair to consider a person’s desire to avoid poverty a sin? Is everyone who plays gambling games a sinner? Can you call a strive for wealth a sin? Is it true that by wanting to win at gambling games, you break the 10th commandment because your potential winnings belong to your fellow Christians? If the answer to all these questions is “yes”, then any form of trading must be also considered a sin!
As you can see, the situation is a complicated one. The Bible doesn’t give direct answers to many important questions regarding money. This means that each of us must seek answers on their own.
As cryptocurrencies are gaining ground worldwide, we’re witnessing the emergence of bitcoin gambling. In fact, bitcoin gambling is the same as online gambling real money, with the only difference that users play for bitcoins. The biggest advantage of bitcoin gambling is a high level of safety it ensures. All bitcoin payments are anonymous and securely encrypted. When making payments in bitcoin, you don’t have to worry about your data confidentiality.
On top of that, bitcoin deposits are a hassle-free way to credit your account. For example, in some US states, you may have trouble making a deposit via wire transfer. With bitcoin payments, you can forget about limitations and problems.
Gambling age is the age when a player living in a specific country is allowed to gamble for real money. In the majority of countries, you can officially gamble starting from 18 years. At the same time, the gambling age may depend on other factors (such the gambling game you want to play), so be sure to clear up this issue for your country of residence.
Gambling Age in the US
In the United States of America, the gambling age — just like situation with legalized gambling — varies across states. In the majority of states, e.g. Kansas, Arkansas, Pennsylvania, Illinois, Man, and New York, the gambling age starts at 21 for almost all casino games. At the same time, to take part in lotteries or horse race betting, you need to be at least 18.
In Idaho, Iowa, Wyoming, and Minnesota, the gambling age starts at 18 years old.
In Florida, Wisconsin, California, Indiana, and Oregon, all gambling games are split into two categories based on the gambling age: 18+ and 21+.
In South Dakota, you’re allowed to make bets starting from 18.
A curious fact is that the Michigan residents are not allowed to play poker til 32 years old.
Gambling Age in Great Britain
In Great Britain, the situation with the gambling age is similar to that in the US. Age restrictions vary across casino games. Slots and sports bets are available to those who have turned 18. However, to play the UK National Lottery or wager on football pools, you only need to be 16.
Is Online Gambling Legal?
The history of legalizing online gambling USA started in the 1990s. Back then, the first law on gambling regulation was developed. However, it was never adopted. Instead, in 1992, the US government passed PASPA (Professional and Amateur Sports Protection Act) that prohibited online sports betting. Since there was no difference between sports betting and other gambling games at the time, the 1992 ban automatically applied to all kinds of gambling.
In November of 2010, the State of New Jersey was the first to legalize some of the online casino games. The new state act allowed to play online poker, slots, and a few other casino games. Sports betting remained outside the law.
The year 2018 marked a crucial milestone for online gambling USA. One by one, US states passed the long overdue laws that legalized online gambling. In 2019, PASPA was abolished. That gave online casinos a real chance to become the favorite pastime of millions of Americans.
As of today, online casino games are legalized in New Jersey, Delaware, Nevada, and Pennsylvania. In Pennsylvania, the only legalized gambling game is online poker. To launch an online poker room, you need to own a land-based casino or partner with one.
At the same time, no law stops Americans from playing on gaming websites operating in other countries. The main thing is to choose trustworthy online casinos that don’t engage in illegal activities. Why is it so important? Because in case of a dispute, American players can’t count on protection under the US legislation.
Gambling Online In Great Britain
In 2003, Great Britain passed an online gambling regulation act. All national casino operators are closely monitored by the UK Gambling Commission.
According to the 2003 Act, casino operators must comply with the principles of integrity and transparency. The local gambling regulatory authorities have zero tolerance towards unfair play. To be able to provide gambling services in Great Britain, casino operators must obtain a bunch of permits and licenses. Each gaming website is registered with the regulatory bodies.
The gambling legislation puts restrictions not only on casinos but also on players. In particular, you’re not allowed to gamble unless you turned 18. The gambling authorities are constantly developing measures for protecting players prone to gambling addiction.
Online Gambling In Canada
In Canada, оnline gambling real money is legalized. To accept bets from players, an online casino must have a Canadian license. Otherwise, a gaming website is considered a rogue. At the same time, Canadian players have unobstructed access to several thousands of offshore casinos.
If a casino has a Canadian license, Canadian authorities are obliged to settle any disputes concerning its operation.
In Canada, identifying and treating gambling addiction is a priority issue. The local gambling bodies are working together on this complex problem.
Online Gambling in Australia
In 2001, the Australian government passed an act aimed at protecting its residents from the dangers of gambling games. However, the Australian authorities had a strange idea of protection because the new law simply prohibited all online casinos and similar forms of entertainment. Australian gamblers were allowed to make sports wagers, though. At the same time, the 2001 Act doesn’t prohibit playing on international gaming sites, and the Australians are actively using this opportunity.
Gambling Online In The European Union
We believe that the European Union assumed the most rational position regarding online gambling real money. Instead of prohibiting online gambling or pretending it isn’t there, the EU regulatory authorities took the industry under strict control. The gambling bodies issue licenses to casinos that meet all their requirements to the letter. This creates a safe environment for players, allowing them to feel respected and protected. Obtaining a EU license is a laborious and costly procedure. This sets high entry barriers, filtering out questionable gaming sites.
How To Find The Best Online Gambling Sites
Finding the best gambling sites is the headache of all modern players who want to avoid trouble with gambling online. But before you register and make your first deposit, you need to pay attention to some aspects. Take a look at payouts as well as betting limits. If you see that a gambling or betting website offers suspiciously high payouts, then you should learn more about it and check out its licenses.
Choose Casinos With A Big Choice Of Games And Top Software Providers
There are hundreds and even thousands of gambling operators who want you to play their games from your PC or smartphone. In this context, your task is to choose the right brand. Different online gambling platforms offer different games and bonuses. For example, some casinos focus on table games, while other gambling websites offer 100+ Online Slots divided into several categories. Also, each site has its own terms and conditions. Be sure to avoid gambling sites without licenses or those with a dubious reputation. Chances are that such sites are rogue. Trusted gambling websites value their hard-earned reputation and only buy licensed content from popular software manufacturers. This is why choosing a reliable online casino is a crucial factor in your success as a gambler.
The payouts and rules in video poker are different too. Remember that online gambling sites without licenses or with a dubious reputation will not offer a wide range of games from trusted developers. Popular brands are not afraid to buy licensed content from popular manufacturers of casino games.
Be Sure To Read Bonus Conditions
Bonuses are another factor to consider when choosing a reliable and secure online casino. Keep in mind that bonus programs vary across gaming platforms. For any online gambling sites, the bonus system is the best tool for attracting players. Popular casinos encourage their clients with juicy bonus gifts. Bonuses are usually credited to your account once you’ve registered an account and made a deposit. You should stay on alert though. A young casino offering too generous bonuses should raise your suspicious. Why do gambling sites distribute bonuses among their players? Because they want them to spend this money on bets. Remember that gifts and promotions for card games (baccarat, poker, etc.) are limited. Before accepting a bonus, be sure to read the conditions under which it’s provided. If the rules are too complicated, don’t hesitate to contact the customer support for explanations.
For more guidelines to choosing the best gambling games, click here.
Online Poker Sites
Few players know that online poker is actually different from its traditional counterpart. First of all, you can play online poker at any time. Plus, you can play more hands than in traditional poker. Stakes start from as low as $ 0.01. This means that anyone can play online poker and have fun!
Online poker tournaments are held on a large scale, attracting thousands of players. It’s hardly surprising because the prize money is really good. In online poker rooms, you can play at 1 to 4 tables at the same time. On top of that, major online poker sites offer a stunning choice of poker variations to meet any taste. You can play Fixed Limit Hold’em, Omaha High/Low, Seven Card Stud, Seven High/Low, and other games. You can find any poker game you want!
If you are a poker fan with excellent skills, be sure to make good use of your bonuses. Modern poker rooms have generous VIP policies to attract more gamblers.
FAQ on Gambling
Whether you like it or not, you will never find two identical online casinos. Variety is what makes online gambling so attractive and exciting. To make the right choice, you need to consider a whole lot of factors, including the casino’s licenses and reputation, selection of slot machines, bonus system, deposit methods, customer support, security, etc. Before you sign up and make a deposit, take the time to read the terms and conditions and other rules concerning the casino’s operation. Also, be sure to read the testimonials of players who have had experience playing in this casino. If you come across at least one negative comment about cheating or other dishonest practices, move on and find another platform.
A casino must have a license issued by a reliable gambling regulatory authority. A license means that the gaming website is legally obliged to follow certain rules and laws. The regulatory authority is reponsible for conducting regular inspections to ensure gaming integrity and transparency. With that said, be sure to only pick licenced platforms.
Modern betting sites offer a wide range of entertainments. You can wager on all kinds of popular sports, including soccer, football, basketball, hockey tennis, golf, baseball, rugby, cricket, boxing, handball, and so on.
To become a casino client, you need to make at least one deposit. Most gambling sites work with major payment systems, such as Visa, MasterCard. E-payment platforms (Neteller, Skrill, PayPal) are also available and guarantee fast and secure transactions. Some customers prefer to make deposits via bank transfer. On modern gaming sites, you can even make a deposit in Bitcoin! By the way, you can find a bitcoin casino on our casino ranking. As for withdrawals, it’s all the same. You can choose any of the above-mentioned methods to withdraw your winnings from the casino system.
Among gambling sites, there are both honest and dishonest casinos. If you choose a reliable gambling site that has a license and uses software by the leading brands, you can sleep well at night. You won’t face any problems playing at a casino like that. At the same time, you should stay away from rogue gambling sites that are only waiting to put a hand into your pocket.
Reliable gambling sites that value their reputation have no reason for cheating. Such casinos are vigorously regulated by gambling authorities and auditing companies. Plus, their games come from major software brands that would never work with a dishonest casino.
There are thousands of gambling sites on the web. Along with established casinos, there are fly-by-night gambling sites to keep away from.
Australia holds the title for the most gambling nation in the world. The 2nd and 3rd places go to Singapore and Ireland, respectively. Gambling is also extremely popular in Scandinavia (in Finland, in particular). Click here to find out more..
The biggest wager of all time was made by a person named William Lee Bergstrom. In 1984, he visited a casino and made several bets. One of the bets amounted to $1 mln ($2.41 mln, as of today). Unfortunately for Bergstrom, his super bet lost.
Gambling involves betting money on a specific outcome. Most of the time, winning is totally random.
Gambling has a controversial reputation in the world. In some countries, gambling is banned, fully or in part. Since gambling often involves money, gamblers have the real risk of developing a gambling addiction. Just like drug or alcohol addiction, gambling addiction is a serious psychological disorder that requires professional treatment. If, however, a player gambles responsibly and can control his behavior, gambling poses no threat to them whatsoever.
There is no straightforward answer to this question. It depends on the country. For example, some US states legalized gambling, while more conservative states have a ban on all forms of gambling. On our website, we have numerous articles dedicated to this topic. Click here to read more.
In gambling, you make bets on a specific outcome in a game. For example, in roulette, you need to guess where on the roulette wheel a ball will land. All gambling games involve bets. Sports betting is also a type of gambling.
There is no clear definition of professional gambling. The term “professional gambling” may refer to seasoned players who have gambled for many years and gained solid skills in gambling. It’s not uncommon that such players live off gambling. Among pros, there are many high rollers, i.e. those who bet big. With their profound expertise, professional gamblers can use complicated strategies that are unattainable to novice players.
It’s a known fact that gambling is one of the oldest forms of entertainment among humans. According to Greek mythology, Zeus, Aid, and Poseidon divided the Universe with a throw of a dice. About 40,000 years ago, our ancestors were making dice from dog and sheep bones. Archeologists discovered dice made of ivory that dated back to 1,500 BC. In 2300 BC, in China, peopled invented a gambling game that involved tiles. In 1200 BC, gambling was banned in Ancient Greece. The ban, however, didn’t stop soldiers from gambling. Gambling games were mentioned in Ancient China, Japan, and India. But the biggest number of references came from the Ancient Rome.
The first name that comes to mind when you hear the words “the richest gambler” is Bill Walters. Born into a poor family, Waters started gambling at a young age of 9. Although the aspiring gambler lost his first bet, it didn’t discourage him. By the time he turned 22, he had lost $50,000 in bets. Walters even gambled away his house! When the reckless gambler turned 35, Lady Luck finally smiled upon him. In June of 1986, after spending 36 hours at the roulette table, Walters and his companion won $3.8 mln at Atlantic Club Casino Hotel. Three years later, Walters won $400,000 in Las Vegas and $610,000 at Claridge Casino in Atlantic City. In 1986, Walters also won $175,000 at the Super Bowl of Poker. Over the course of his gambling career, Walters had at least two big losses ($1 million each) at blackjack.
There is no magical formula that can help you win. The only thing that we know for sure is that you need some skills and luck. In gambling, luck plays a huge role. It can either make or break your confidence. Except for a few titles (like blackjack), gambling games are completely unpredictable. For better or worse, players can’t affect the outcome of a game.
At the same time, there is a bunch of strategies, systems, and tricks that can help you boost your winning chances. You just need to find the right tool that works for you!
Absolutely. Anyone can win real money at gambling games. Be careful as not to cross a fine line between hobby and full-time occupation, though. Making gambling your main source of income is a very risky thing to do. Why? Because no strategy - however smart and powerful it may seem to you - can guarantee consistent winnings. Gambling is all about luck, and luck is a very fickle thing. Remember that gambling is an entertainment, not a job.
Let’s start with defining a successful gambler. First, a successful gambler never ends up spending his last money on bets. Second, a successful gambler wins regularly. Third, a successful gambler enjoys gambling regardless of whether or not the game is going his way. For such a person, gambling is a source of fun and relaxation.
To become a successful gambler, you need to have a clear idea of why you’re gambling and what goals you’re pursuing. If your objective is to make stable profits off gambling, well…We hate to break it to you but your chances of becoming a successful gambler are very slim.
What you need to do to achieve success:
- You need to realize that gambling consists not only of wins but also of losses.
- Set your budget, i.e. the amount of money you can afford to part with.
- Based on your budget, set your lowest and highest betting limits.
- Stick to your selected strategy (if you’re using any).
- If you win a decent amount, withdraw the money and take a break from gambling. If you lose, avoid the temptation to recoup your loss. It would be a very reckless thing to do. The best strategy is to close the gambling website and stay away from gambling for several days or even weeks.
The history of gambling knows no lack of curious stories and personalities! For example, there was a gambler named Archie Karas. In 1992, he came to Las Vegas with only $50 in his pocket. By 1995, he had made $40 mln on gambling! Karas hit a record for the longest and most lucrative winning streak in the history of gamling. However, in 1995, he blew away his fortune playing baccarat, dice, and poker.
Another extraordinary personality belongs to Kerry Paker, the owner of an Australian publishing company and avid gambler. He was known for his passion for horse racing. His gambling career was full of ups and downs. Having an excellent sense of humor, Paker was loved and respected in Las Vegas. Once he called a Las Vegas casino and inquired how much money they had in the vault since he was going to show up for a game or two.
We can’t possibly overlook the iconic Wild Bill Hickok! He was the most famous poker player in the American Old West. In 1896, Wild Bill was killed while playing poker by his opponent. Wild Bill died as a true gambler, with a hand of 8s and Aces. This combo was nicknamed “Dead Man’s Hand”, and Bill got a place in the Poker Hall of Fame.
Making a living from gambling is quite possible. There is nothing unusual about it. Think about famous gamblers like Billy Walters and Archie Karas. But if you decided to make gambling a career, you need to get ready for both ups and downs. Along with jubilant wins, you’re sure to have devastating losses. For example, Billy Walters lost a mind-boggling $1 mln at blackjack, while Karas gambled away his $40 mln fortune.