First, let’s be honest right up front. Getting rich gambling online is easier said than done. You must be a committed gambler who is willing to take risks if you want to make good money gambling online, but some gamblers can easily beat the odds.
Do you want to beat the odds that the casino stacks against you? Read on to find 6 ways gambling can make you very rich. Nonetheless, keep in mind that none of these ways is 100% foolproof and you must use your judgment to find one that works best for you based on your gambling preferences.
1. Get To Win The Lottery – Rich Gambling Online
While this is one of the most difficult ways to get rich from gambling, it is possible. Many people have won millions with the lottery. Although the odds are very slim, the cost is also low. For example, in the USA, there are 44 out of 50 states that offer the lottery. All these states provide Powerball and Mega Millions that offer some of the biggest jackpots. You may hypothetically get rich by trying out scratch-off tickets, but that is less likely as compared to the Powerball and Mega Millions.
When playing the mega millions the minimum jackpot is $15, with the biggest jackpot being $656 million. The mega-million tickets are just $1, but the price also goes up to $2 per ticket in October.
On the other hand, Powerball’s minimum jackpot is $40. The biggest Powerball jackpot to be ever won was $1.59, which is a life-changing amount considering that a single Powerball only costs $2.
However, the odds of hitting the jackpot when playing mega millions are 1 in 176 million. This means that you are much more likely to get struck by lightning than win mega millions. As a result, if you opt to pursue this path of gambling, we strongly recommend that you stick to playing only once a week. This way, you only get to spend around $150 a year which is not so bad for entertainment purposes.
2. Hit The Progressive Slots Jackpot
Online slots are purely a game of chance. So, if you choose to play the progressive slot machines then you will be relying on lady luck to help you get rich. The winning odds of Megabucks and Texas Lotto are 1 in 50 million and 1 in 26 million, respectively. It is important to remember that the odds keep changing every week, mainly based on the jackpot’s size.
Compared to the lottery, progressive casino slots jackpot offers several advantages as compared to the lottery including:
- You are highly likely to get more small wins on your way to a progressive jackpot.
- You get to play at any time you want and get immediate outcomes.
3. Professional Sports Betting Online – Rich Gambling Online
Professional bettors have arguably indicated that the most straightforward way to earning decent living gambling online is by becoming a professional sports bettor. A professional bettor is one who wagers with the edge every time.
The trick lies in betting with a decent edge so you can overcome the sportsbook Vig. In sports betting, the bet is the same as the rake in poker. You are required to place a $100 bet for you to win $100. This is because the sportsbook usually presents the lines in such a way that they can encourage action from both sides and in doing this guarantee themselves some profit.
One of the most important things to consider if you want to get rich betting on sports is the fact that you need to put a huge amount of cash into your betting action each week. You can pull this off if you have many accounts with different bookies. The real professional sports bettors who are making millions place bets on their favorite sports events, hire runners to do the analysis and place bets for them.
4. Make Millions Playing Video Poker
If you are not yet convinced that you can earn a living and even win some life-changing money playing casino games, then you should know that people have already won millions of dollars with video poker.
However, to win a million dollars, you must get lucky because finding online video poker games where the winning odds are on your side is not easy. Many of the video poker games where players have an edge over the operator are lower stake games.
But don’t worry because it might be your lucky day with the progressive video poker titles. All you need to know is when the progressive jackpot will be big enough, for you to get the desired outcome and find the best seat in front of everyone. While this is not easy to do, professional betting teams usually hog the seats if the progressive jackpot reaches certain levels.
5. Count Cards In Online Blackjack – Rich Gambling Online
Although you cannot get rich fast-playing blackjack, you have better odds of getting rich counting cards than winning the lottery.
Understanding how card counting works is very simple. It is the estimation of the ratio of the low cards to high cards in the deck. You have a higher chance of getting the blackjack if there are more high cards in the deck.
Counting cards give the player a 1.5% or 1% over the house, but this does not guarantee a win. Your edge as a card counter works in the same way as the house edge. It is just a long term expectation and this means that you stand a better chance of winning if you put more time into card counting.
Finally, card counting in online blackjack is a slow way of getting rich.
6. Win the Poker World Series
While for many bettors, $10,000 is quite a big investment. Even if you are the best player in that tournament, you might be facing stiff competition, thus you may be looking at very long odds.
However, if you want to get rich fast gambling online, trying your hand in the main event in the poker world series makes sense than spending a fortune on $10,000 lottery tickets.