Without a doubt, the number one question we get asked in regards to betting
online is “How do I make money gambling online?” The answer as you might expect
is not a simple answer. While we wish we could just tell you to “do x, y, and z
and you’ll be rich,” it’s just not that simple.

Making money online comes down to game selection and having clear
expectations of what you’re doing. The opportunities are huge, and there are
millions and millions to be made if you look in the right spots. Lucky for you,
we’re going to do our best to educate you and point you in the right direction.

The best way that I’ve found in my 15+ years as an NFL bettor to mitigate the compulsive nature of gambling is simply to take my time. My personal NFL Betting Strategy involves three stages that are each played out at a different part of the week, and one of these stages (the last stage) explicitly requires me to get all the way up to the. Dealers at the casinos are skilled in giving advice to the players so that they would make money from them. Like dealer would give you advice while playing blackjack of Double Down which is definitely in his favor as house might be losing and they are cutting out the odds of losing. Horse racing is gambling that many players lose their money on, however, it is possible to make a good profit from racing given the proper skills and investment capital to work with. A lot of people play in online casinos. Gambling is a tough way to make money, but you can make money instantly if you are good. List of the Richest Gamblers in the World Here, you’ll find a rundown of some of the most successful players at the tables, and you might get some top tips that will help you to improve your game. Poker has long been one of the top ways to make money with gambling. This reputation has.

The best way for us to approach answering this question is to answer it
individually for each different type of online gambling/betting that exists.
Specifically today we’re going to look at sports betting online, casino/table
games online, and skill-based online games. There are a few other obscure forms
of gambling online that do exist, but these main categories should encompass
almost all of the major types that are out there.

As a spoiler, I can tell you that it is possible to make money at each of
these, though, some will depend solely on your luck while the others are
sustainable based on your skill and abilities. The difference is going to come
down to whether the game is a luck based or skill based game. Let’s clarify the
difference first before we dive into each individual type of online gambling and
how to make money at it.

Luck vs. Skill

If you’ve ever hung around a casino or talked to gamblers before, you’ve
probably heard someone at least once tell you that they had a system to beat a
certain game. It might have been craps or roulette or maybe even blackjack. The
problem we always noticed when we heard this from someone was that they were
broke or were not rolling in the money. If they truly had a system to beat a
casino game, wouldn’t they be doing it 24/7 and living the high life?

The real reason they don’t do this 24/7 for a living and aren’t living the
high life is that
most casino games are luck based. Luck based games are games
where the house has the edge. This means that there are no super secret systems
out there that can beat these games outside of cheating. Does this mean you
can’t make money at them? Of course not. All it means is that in the long-run
over thousands and thousands of hands, spins, or rolls, the casino is going to
win.

This means you can most certainly make money in the short run. Many gamblers
go months and sometimes years winning at games. The thing to note, though, is
that this is a statistical anomaly that will correct itself. In the end, the
casino will ALWAYS win at luck based games. There is a silly cliché phrase
that explains this:

Spotting a luck based game is easy. If the game is run by a casino (live or
online) and you are playing against the casino and not versus other players,
this is a luck based game, and they are going to have a long run edge. Again,
you can still make money playing these games (and lots of it), but in the long
run over thousands and thousands of games, the casino will ultimately win.

Skill-based games, on the other hand, have no house edge. These games are
ones where players compete against each other instead of against the house (the
casino). The casino will take a small fee for facilitating the game, but
ultimately it is up to the players who wins the money.

Skill-based games are sustainable ways for people to make money long-term. If
you are good at a skill based game and can continually get people to compete
against you, you can make a full-time living playing the game. These games are
easy to spot as they are games where players are competing against other players
and not the house.

Making Money Online Playing Casino Games and Slots

We have some good news, and we have some bad news when it comes to making
money gambling on your favorite casino games and slots. The bad news is that
online casino games and slots are games of luck that the house will always have
a long-term edge on. The good news is that regardless of this, you can still
make a lot of money at them!

Addressing the bad news first, you need to realize that there is no system
out there to “beat” online casino games to make a living playing them. You will
never be able to be a professional slots player or a professional roulette
player or anything like that. Ultimately, the casino edge and statistics are
going to prevail, and the casino is going to win. Understanding this is
imperative to have a great time playing these games online.

Regarding the good news, though, this does not mean you can’t make money
playing online casino games and slots. First, the casino edge is only for the
long term. The long term usually means hundreds of thousands and millions of
spins of a slot or roulette wheel or hundreds of thousands of tosses of the
craps dice etc. You may play the games and never ever experience the long term
statistics correcting themselves. The casino edge on most games is only a couple
of percentage points meaning you can totally have major winning sessions and
runs.

An Analogy to Help

Imagine this analogy. There are two bettors, you and a friend, who are going
to bet on the flip of a coin. You are going to take turns flipping the coin with
you allowed to bet on every flip. If the flip is heads, you win your bet. If the
flip is tails, you lose your bet. You do not have a choice; you have to bet
heads every time.

We all know that coins are going to land on heads 50% of the time and on
tails 50% of the time. Let’s say we alter the coin a little bit to make it more
like when we are betting against the casino giving them an edge. Let’s say that
this coin lands on heads only 48% of the time and on tails 52% of the time.
This represents the long-term edge that the casino is going to have.

You and your friend start flipping the coin and placing your bets against the
house. You each get to flip the coin 50 times. If everything happened without
any variance, you both would get heads about 48% of your flips and lose a tiny
bit of money to the casino over the course of the flips. But variance comes into
play. Variance says that over ALL 100 flips about 48% will be heads, but it
doesn’t necessarily say which of you two are going to get more or less of the
heads in the short run.

It’s possible that you get heads 48 of your 50 flips and your friend gets
heads zero times in their 50 flips. At the end of the day in the long-run, the
casino is still making money because it is winning 52% of its bets, but you’ve
made an absolute TON of money. The point here is that most recreational gamblers
will be operating in the short term for most or their entire gambling career.

Jackpots

Part of the way that this variance spreads itself out is through jackpots.
Not all players are going to win jackpots but if you do win one you can bet that
you’re going to be a lifetime profitable gambler (depending on the size of the
jackpot of course). Jackpots still fall in line when it comes to
statistics and house edge, but that doesn’t mean you can’t be one of the players
to fall outside of the statistical norm and strike it rich!

Bonuses

One way to fight back against the house edge and a lot of times turn it in
your favor (at least temporarily) is by
taking advantage of bonuses. Bonuses, as
you may already know, are free money/free spins/free play that online casino
sites will give you to try to attract your business. A lot of times the benefits
of these bonuses will turn the odds in your favor while you are using the bonus.

Of course, they won’t give you the bonus forever because they would lose
money and have to shut their doors. But in the short term, you can definitely
take full advantage of these promotions and clean up some easy cash. It’s also
of importance to note that there is no reason you can’t jump between a few sites
to take advantage of different promotions.

This is a lot like going to a different grocery store for a week because you
have a coupon for something. There is nothing unethical about it, and the sites
actually would prefer you use their promotions. The reason they run the promos
is to get you in the door to try out their product in hopes that you will stay
or make a change from your home site.

Making Money Online Sports Betting

Sports betting is a complete 180 the other direction from online slots and
table games. Sports betting is a skill based bet (depending on the bets you
choose). While you might think you are betting against the house, they are
actually manipulating lines so that you’re basically betting against other
players and they are taking a small fee for facilitating the bets. With proper
skill and a sharp eye, you can make a living as a sports bettor. Is this
difficult? You bet your butt it’s difficult but it’s completely possible, and a
lot of people do it every day.

So how do you make money online betting sports?

Simple. Join a sportsbook and
start making correct picks. Start with a sport that you know well and do
extensive research. If you can come up with a system to properly predict games
and outcomes, you can be a successful sports bettor.

One thing that is extremely important to point out is that you have to choose
the right type of sports bets or you’re going to be placing luck based bets
instead of skill based bets. As you may or may not know, you can bet on a lot
more than just who the winner of a game is going to be. You can bet how many
points will be scored, how many times they will do something, who will score
first etc. Some of these bets will require research and skill to make a correct
pick, and some are just going to be dumb luck.

Here are two different sports bet as an example. One is a skill based bet and
one is a luck based bet.

• Will Rob Gronkowski score more or less than 1.5 touchdowns in a game?
• Will the final score of the Patriots be odd or even?

As you can hopefully see, the first bet would require you to have strong
knowledge of how Rob Gronkowski is going to perform in a game. You would have to
look at the defense he is up against and predict the game plan of attack the
Patriots employ. There is a lot of skill that goes into picking this bet and the
more knowledgeable and skilled you are, the better off you will do. This is an
example of a skill based bet that you could profit from long term if you were
sharp enough.

The second bet about whether or not their final point total is odd or even is
really just dumb luck. You could make some crazy argument that you can predict
the exact game flow and how many points they score, but in reality, you are just
guessing. This is an example of a luck based bet that you can still make money
off of but it is not sustainable long term. As long as you’re aware of this,
have at it!

It’s important to point out that these bets are not segregated or separated
at all when you go to the online sportsbooks. The luck based and the skill based
bets are all going to be listed side by side, and it’s up to you to be able to
decipher the difference. Honestly, it should be easy to tell the difference by
just taking a few minutes to pay attention to what you’re betting on. If it is
something that you are struggling to find data and information to support your
pick, it is probably a luck based bet.

The Beauty of Line Shopping Online

One of the easiest ways to make MORE money online with correct sports betting
picks is through line shopping. Line shopping is a strategy that is not possible
with brick and mortar casinos due to logistics and has really only become
popular thanks to online sportsbooks. Line shopping is the process of checking
several different sportsbooks to get the best odds and payouts possible for your
bets.

You just can’t do this in real life unless you live somewhere like Vegas
where you have a ton of different sportsbooks right next to each other. Even
then, most of the books there are interconnected, so the odds are going to be
the same at all of them. Online, though, you tend to see a lot of greatly
varying lines for the same bet.

Let’s say you are planning to bet the Miami Heat to beat
the Golden State Warriors on the moneyline at +150. Let’s say you’re totally
confident on this bet and you think it’s the easiest bet in the world. Is this a
good bet for you to make?

A better question would be, is this the best bet you can make? If you were to
take a few seconds and line shop another online sportsbook, you would see that
one is offering the same bet for +170. This is the exact same bet except if you
place it at the second online sportsbook you will get paid out more money. If
you bet $100 and the Heat win, the first sportsbook will pay you $150 in profit
and the second will pay you $170 in profit.

By simply taking advantage of the technology that comes with betting online,
you can make MORE money on a correct pick just by taking a few seconds to check
a few different sportsbooks. We can assure that this is not a rare occurrence to
find varying lines. It’s actually a fairly common occurrence to find different
lines, and it can greatly affect the amount of money you make betting online.

Making Money Online Playing Skill-Based Games

You may notice that in the title of this section it does not say anything
about “gambling.” This is because gambling refers to placing wagers on a game of
chance that you have no control over. Out of all the different bet types on this
page, these are the ones that you have the most control over. Skill-based games
are games that pit two or more players against each other. Skill-based games are
NOT played against the house, but as we stated earlier, the house takes a small
cut for facilitating the game.

Skill based games can 100% be played for a living as long as you can continue
to get people willing to play against you. While some of these games do have an
element of luck, the majority of the game’s outcome is determined by skill. This
means that a worse player may win a few games in the short run, but the better
player will always win out in the long run.

For example, if you get your money in the middle playing Texas Hold em poker
(a skill based game) with pocket Aces against J-10, you’re supposed to win that
hand based on the statistics. However, it is entirely possible that you lose
that hand in an unlucky fashion. If you continue to get your money in
significantly ahead, though, statistics should even out, and you should make
money in the long run. Though you might lose in the short run, you will prevail
in the long run.

Some of the most popular skill games you can play for money online are:

For more information on playing these games online, here’s a guide we’ve put
together for you:

The Bottom Line of How to Make Money Gambling Online

Hopefully, if you’ve read until this point, you have a pretty strong idea of
the different options you have when it comes to making money gambling online.
Depending on whether you’re just looking for some recreational fun or a way to
make a living, we’ve given you several different options in both directions.

Remember, be realistic with your expectations and don’t try and make a career
out of a game that you are not statistically supposed to win long term at.

Secrets, Confessions, and Life of a Professional Gambler

– Case Study from Team Diego

HOW TO MAKE MONEY FROM SOCCER BETTING: A GUIDE TO CRACKING THE CODE

It’s a well known fact that 90-plus percent of soccer/football bettors will lose money in the long run. This is largely due to the “house advantage” in the odds set by bookmakers. So is it possible that there are actually gamblers in the world who consistently beat the bookies and make money from soccer betting?

Enter Team Diego. Over here we have built a proven soccer betting system — grounded in sound mathematical principles — that allows us to consistently enjoy 40-50% ROI.

Every member of our team has the potential to become a successful soccer bettor as long as they religiously follow the method laid out in this article. Depending on their risk appetite and starting bankroll, most of our guys bring in between $2,000 to $4,000 a month in net profits.

Today we have an exclusive interview with one member who is on the higher end of this range. Without further bullshit, let’s go straight to my Canadian friend, Thomas.

[Some remarks have been edited for brevity and clarity. Additional info is also added at appropriate junctures to provide better context.]

ENTER THOMAS W. OF CANADA. AN AVID SOCCER FAN IN HIS EARLY 40s, THOMAS WAS ONE OF THE EARLIEST MEMBERS OF TEAM DIEGO…

Diego: Hi Thomas, thanks for taking the time to do this interview. Let’s begin with a short introduction of yourself.

Thomas: Sure! I’m a crazy mix of soccer fanatic, math geek, and father-of-three. So before I found you and your blog in early 2017, I have actually been gambling on soccer (and other sports) for the past 10 years or so. I do track my bets in quite a methodical manner, so I was aware that as a recreational gambler I was making losses for the most part, occasionally breaking even if I’m lucky.

Diego: How much are you winning (net profits) per month now?

Thomas: Well, initially I started with a modest bankroll and was profiting less than 1 grand a month. True to your word, my ROI has always been in the 40-50% range when I track my winnings monthly. As my small bankroll steadily increased over the months, so did my stakes. I now average about $3,500 in profits a month, with some good (excellent?) months bringing me excess of $5,000.

Diego: Do you still need a day job?

Thomas: Hahaha. I actually still keep my day job! I enjoy what I do greatly (it actually has close connections/applications with mathematics) and see no reason to quit even as I continue to increase my betting profits. Moreover, since I’m following your daily picks, I don’t even spend that much time on my gambling “side income”.

But who knows, maybe one day I may move to a cheaper city to have a change of lifestyle. You know, slower pace of life…when the kids are grown up. Maybe by then I could dream of living off my soccer money! Not sure if the wife would agree though!

Diego: I’m actually pretty surprised that there are many guys in Canada who are into soccer betting. But I digress… Okay, what’s the best kept secret in the world of soccer betting that the bookies don’t want us to know?

Thomas: To beat the bookies at their own game, we need to know something that the average bettor does not. If everyone knows this secret then it’s not really a secret anymore, since the betting odds will shift accordingly to erode this advantage we currently enjoy (or exploit, lol).

The biggest secret is this — to quote from you since you’re the master — betting on draws is the only long-term sustainable way to profit consistently in soccer betting.

Diego: You’re 100% correct. There’s no need to over-complicate things if people just follow the betting system. Nobody likes betting on draws because it’s boring and stuff. But hey, we’re here to profit while the average bettor just wants to entertain himself while watching a game.

Thomas: Absolutely! The whole idea in betting (if you want to profit in the long run) is to find “value bets” like what you taught us. As you said, “if you follow the herd, you will join them in losing”. That’s very true. Since most people rack up net losses! To have an edge over the bookies, you need to find situations that have a higher chance of occurring than what the market odds indicate.

Diego: And of course those situations can be found in draw bets…

Thomas: Yup, very true. I can’t believe I took so many years to figure this out.

Diego: Most people bet aimlessly without a plan.

Thomas: Definitely. Since majority of bettors bet emotionally (rather than rationally), the betting markets have a bias against draws. That’s where the real money lies. In boring draws. Haha. But for us, we’re very happy to see 0-0 or 1-1 scorelines.

Diego: Can you give our readers a breakdown of an average month of betting – how do you make that $3,500?

Thomas: In simple terms, our strategy is a staking method (developed using mathematical calculations on bankroll management) designed to ensure profits in the long run. We do this by betting in a strategic manner such that our wins are always greater than our losses.

Adhering strictly to the guidelines you teach, I always start out with an initial stake of $40. By opening accounts with most of the major bookies, I can obtain the best odds for each game, which is usually above 3.00 since we’re betting on draws. This gives me $80+ profits for every draw we win.

By following your picks for the past year, I manage to get about 10 draws every week. So roughly 40 draws a month and $3,000++ in winnings. Actually close to $4,000 these days.

Diego: Did you always know you wanted to be a gambler? I wonder how that would go down with your high school teacher.

Thomas: Hahaha! I have a degree in math and work in a math-related field. I guess I have always been a statistics junkie – I mean I like analyzing data and shit like that. So going into soccer betting and joining Team Diego isn’t THAT surprising I guess. LOL.

Diego: And how old were you when you first started soccer betting?

Thomas: I first began placing bets in other sports when I was 24 or 25 years old. I only got into soccer (and soccer betting) much later on in my 30s. Hands down the easiest sport to win and beat the bookies!

I don’t bother with other sports nowadays – I may still throw in a little wager here and there for fun, but nothing serious. Unless I could develop a system to profit consistently with those sports like how you did with soccer.

I still like watching ice hockey, American football and the occasional basketball for relaxation.

Diego: What’s the one thing you hate most about the betting industry today?

Thomas: With the rise of online betting and its convenience, there are way too many scammers out there on the internet. These pathetic scammers operate from parts of Africa, Europe, the Middle East, or wherever they are… and claim to have insider knowledge of so-called “fixed games”.

I hate to admit I fell prey to a few of those scams in my early days. Not only did I lose money by paying for fake tips, I lost even more by betting big on those fake “fixed games”.

Diego: Well, you know better now.

Thomas: I’m not saying fixed matches don’t exist – they do. But the vast majority of these idiots touting “fixed games” are definitely fake. There ARE international syndicates doing real match-fixing (especially in Asia, as I’m sure you would know being from that region), but these guys are big whales. They spend hundreds of thousands of dollars (if not millions) to fix a single game, and they would place equally huge bets to make their risky endeavors pay off.

In short, the real match-fixers belong to professional syndicates. They aren’t your 18-year-old kid from West Africa who’s messaging you on Instagram to send him $200 for a “guaranteed” game. C’mon!

Diego: To end this, what’s your advice to the people reading this and saying “Damn it, I’m in. I want to start my own Bookie Bashing Journey.”

Thomas: I’d dish out 3 key takeaways that I’ve gotten from my experience.

1) You gotta learn to deal with your emotions if you want to take betting seriously. Amateurs can’t handle their emotions. As a pro, you need to dissociate yourself from your feelings. If you go on a bad run, know it’s just temporary and don’t be too emotionally invested in your bets.

2) Be disciplined and stick to the plan and system EXACTLY as taught by Diego. Don’t be too smart for your own good and go around modifying the system. Manage your bankroll exactly like how Diego tells you to. His strategy is perfect and his results speak for themselves.

3) Exercise the cash out option that bookmakers offer. It’s there for you to make use of! Especially for high stakes games. Don’t be greedy. If the game is tied at 2-2 at the 85th min and you can cash out your winnings, then do so. Since we specialize in betting draws, a late goal from either side can ruin your bet. Avoid the perils of late goals!

Diego: Very cool. Thanks a lot for your time, Thomas.

Thomas: Pleasure is all mine.

Making Money At The Casino

FINAL THOUGHTS

Thomas is a tremendous example of a successful soccer bettor.

Once you’re in Team Diego – you’re in a super rare company of SOCCER BETTING WINNERS.

We are on a mission to transform the soccer betting industry and beat the bookies at their game.

Unlike other so-called betting “gurus” in the industry who hide behind a keyboard, stay anonymous, and never show their faces — I put out our record AND my face for all to see.

Guys from 6 continents (and over 40 countries) have tried the system. Our amazing results allow us to do nonsense like this. LOL.

Happy bookie-killing & I’ll see you in the Winner’s Circle.

Live Free Or Die,
J.K. Diego (JKDGO.COM)

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