The term “professional gambler” might seem like an oxymoron to many. However, there are some people out there who make a living out of gambling. While they’re not the norm, they do exist. They usually can make money because they have a deep understanding of how casinos work. Online casinos also have interesting features that make them attractive for those wanting to make consistent gains. Let’s take a closer look at how you can earn income by playing online casino games.
Understanding the Odds and House Edge
The very first thing you have to understand is that the house always has the edge when it comes to gambling. They need to stay in business, and they need to have a slight advantage to do so. However, this is over most players, but not the savvy ones. If you know what you’re doing, you can reduce the edge the house has, or you can increase it by making mistakes. One of the most important things is knowing which games to play. Not all games are as advantageous to the house, and this is especially true when you play those games strategically.
Even if certain games might seem like they’re entirely dependent on luck, there are some techniques that you can use to increase your chances of winning. It’s also important to know which games allow you to take some of the edge away from the house. Let’s take a look at some of the games and the odds they have to offer.
What Are the Best Games to Play?
First, we should say that you should always pick a casino game based on how fun it is for you. There is no need to learn the ins and outs of baccarat if all you want to do is play slots while watching your favourite show or waiting for the bus.
However, if your goal is to make money and increase your odds, you have to know which games are the best for you. Poker is an obvious choice. Some people may say that poker is a game of chance, but others believe it’s a game of skill with an element of chance.
Most successful professional gamblers come from the poker field and there are many ways that you can make some income. Some will decide to play sit and go or multi-table tournaments, whereas others might decide to play cash games.
With cash games, some players will decide to play to their level and play medium stakes games. Others will decide to play at small or micro stakes tables and make money by playing multiple tables at once. This allows them to maximise their chances of winning and play against players that might not be as experienced as them.
Besides poker, there are plenty of other games where you can apply strategy. Blackjack is one example. Understanding probabilities will be very important here so you can know when to ask the dealer to hit you or to stop. Some also use card counting – which is completely legal, by the way – to know which cards have the highest chance of coming up and which ones are less likely. Even games like roulette give you a good chance of winning as long as you don’t make blatant errors.
What About Slots?
If you like slots, then you’re picking the game where chance has the biggest impact. However, there are some things that you can do to limit your losses and increase your odds of winning. It all starts with picking the right machines.
If you’re a novice, stick to simple 3-reel machines, and make sure that you read the help file. Just doing this will allow you to learn a lot about how to play slots correctly and how to take advantage of bonuses. Another thing you will have to research is RTP or return to player. This is the amount of money that the machine gives back to players. For instance, if a machine has a 92% RTP, this means that the machine will return £92 for every £100 wagered.
Also, beware of any machine with insane progressive jackpots. The reason why these balloon is because so many people lose to them. So, focus on RTP and RTP only.
Picking the Right Casino Site
It’s also very important that you pick the right casino for a variety of reasons. For one, you don’t want to lose money to a fraudulent site or have your funds and information compromised because you went for an unreliable one. You must do your research on any casino before you start spending your hard-earned money in any of them.
One of the best ways to do this is to check out sites that review online casinos, such as onlinecasinos.co.uk. Online casinos has a list of some of the best online casinos available to UK players. They allow you to see which casinos offer the best bonuses and what kind of return to players you can expect on the games. They also give some information on which ones offer the best bonuses, which will allow you to take advantage of as many bonuses as you can and get a chance to win without spending your own money.
If you want to know if a site is safe or not, you need to look at the accreditation. You want to make sure that it is regulated by a reputable body. If you’re playing from the UK, some of these bodies include the UKGC, the Malta Gaming Authority, and the Alderney Gambling Control Commission. The Kahnawake Gaming Commission is another one.
We also suggest you check out if they’re accredited by eCOGRA. This is an agency that tests games for fairness. Once they test websites, they publish their reports. This will make sure that the odds are fair.
As you see, it can be possible to earn some income while playing online casino games. It’s all about choosing wisely and taking the time to study games before playing. You also need to have a strict bankroll management strategy if you want to be able to last.