Are you a lucky slots player? Do you excel at blackjack? Do your numbers come up in roulette? If so, you’ve probably pondered quitting your day job, thinking that life would be a lot easier gambling online for a living. The best jobs are the ones you like to do; so if you like to play cards, why not play cards for a living? Moreover, is it possible to make money from online casinos?
The short answer: YES, BUT… and the “BUT” is a big one in this case. First of all, you need a reality check on which games are most suitable for professional gambling. Games like slots, roulette, Caribbean Stud poker, and progressive slots have odds that are hopelessly stacked against the player. You can’t be a “professional” slots player because there is no skill element involved: it is simply being at the right place at the right time. If you try to make money playing slots over a long period of time, you’ll find that you’ll eventually lose all your money. This is why gambling is known as the “slow bleed”.
What games, then, are the best? Most “professional” gamblers choose table games like Blackjack, Craps, and Baccarat, where the odds are much better if you know how to play the games correctly. The only machine powered game that you have a chance at beating is Video Poker, if you learn to employ perfect strategy. Unlike slots, Video Poker has a relatively low house edge, and players that know how to bet each will usually prevail. In general, players that are highly knowledgeable about casino game strategies are known as “advantage players”, who generally look to exploit game weaknesses.
Now, can game weaknesses be exploited indefinitely? No. If your average bet is $100 per hand of blackjack, and you play everyday over the course of a year, chances are you’re going to lose all your money, even if you known blackjack strategy cold. The catch with gambling is that you need to win big in the short term, hoard your winnings, and get out of the casino. The most best advantage players know when to leave, and essentially don’t consider themselves “gamblers” but more like hustlers. They don’t play to win $1,000,000 with a $100 deposit: instead, for example, they make a $100 deposit and attempt to earn 20% on their money. If you can do this consistently without losing your bankroll, you can create a modest income.
Another strategy some advantage players use is beating bonuses. Again, this is not actually being a “winning gambler” as much as it is hustling the house for some quick cash. Some players will scour the internet, looking for casinos that offer favorable bonuses. Once they’ve identified a site, they’ll play under a few different names so that they can beat the bonus multiple times. Using one ID would not work, since the casino would get wise to your ploys very fast (plus, you only get a first deposit bonus once). After a while, if enough people figure out how to beat a bonus, the casino will simply change its offer and ban any suspicious players. As a result, the bonus “beater” has to move on to another site. For the most part, it’s very hard to find a casino where you can beat bonuses these days.
To summarize, the way to gamble for a living is 1) Playing games that are the most favorable to the player; 2) Having a thorough knowledge of game strategy; and most importantly 3) Winning a little in the short run and getting out of the casino. Otherwise, if you don’t play by any of these criteria, you’re just a recreational player like the rest.
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