Can You Win Money While Playing Online?

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A Brief History

In 2016, Statista predicted that the online gambling market would reach $45.86 billion, growing to $56.05 billion by 2018.  Today, you can play several online games on different places such as smartphone gambler casino among other sites. These websites have become very popular because they allow people to play different games on their phones; however, one of the most important questions than many people ask is whether they can make money playing their favorite casino game online. Playing casino games can be a prudent way of spending your extra time, and making some cash. Here are some tips that you can use to enhance your chances of winning real money while playing online.

Digging Deeper

Select a legitimate online casino

Today, there more online casinos than you can imagine. Unfortunately, some of them are not legit. It is not rare to lose your hard-earned cash in the hands of unscrupulous dealers. A genuine website has fair games with fair probabilities of winning. Moreover, such a website ensures it has paid out winning promptly whenever a player wins.

You can learn about a company by going through online reviews. Licensing is another important consideration that should help you to tell whether a site is genuine. A legit online casino should publish its payout schedules.

 Select your payment method

Different online casinos accept different payment methods. It is advisable to consider the online banking methods supported on a given website before rushing to make deposits. Check the availability and convenience of these options first. Some of the most common deposit and withdrawal methods on many websites include money transfers, online payments, debit cards, etc.

Accept offers

Most websites offer new players a welcome bonus. Deposit bonuses and free spins are also common on different gaming websites. Make good use of these offers to familiarize yourself with different games. You can also use the offers to try new games. Before playing with real cash, it is advisable to ensure you understand the rules and features of the game.

Identify your favorite game

You should have enough facts about the game that you want to play to enhance your chances of making money online. Different games are different in the way they are played and won. You should consider the RTP (Return to Player) of a game before playing with real cash. When you select a game with a high rtp percentage, there are high chances of winning. Games with such RTPs have low house edge which increases your chances of making real cash.

Master your game 

You should select a game that you understand to boost your chances of winning money playing online. Given that there are no two games that are the same, it’s important to spend some time learning about different games. You can read different materials online or speak with your friends to learn more about a game. Gather as much information about a game as possible before you bet with real cash.

Set your bankroll

Playing online, just like playing in a physical casino presents players with an opportunity to make some cash; however, you could also lose some funds as you enjoy yourself playing your favorite casino games. Before you play, you should be prepared to also make losses. Therefore, you need to be principled to ensure you don’t use money budgeted for other things such as rent on gambling.

You can achieve this by determining how much you are willing to spend. You also need to decide how long you want to play even when you win. When you stick to your decisions, you will enjoy playing different games online and there will be high chances of winning real cash. Do not let the excitement you get when playing make you change your decisions.

Final thought

Playing online presents an opportunity to not only enjoy yourself but also make some cash. While winning money can be quite challenging, you can use these tips to enhance your chances of winning. More important, however, you should be ready to lose, especially when you are familiar with a game.

Question for students (and subscribers): Do you have a favorite online game?  Please let us know in the comments section below this article.

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Historical Evidence

For more information, please see…

Dörr, Marcus and Jakob Straub.  Online Casinos: Ein Blick hinter die Kulissen des Milliardenbusiness (German Edition).  2019.

The featured image in this article, a shadow of a man gambling online, is made available under the Creative Commons CC0 1.0 Universal Public Domain Dedication.

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About Author

Abdul Alhazred

“But I don’t want to go among mad people," Alice remarked. "Oh, you can’t help that," said the Cat: "we’re all mad here. I’m mad. You’re mad." "How do you know I’m mad?" said Alice. "You must be," said the Cat, "or you wouldn’t have come here.” ― Lewis Carroll, Alice in Wonderland