The Best Ways to Profit From Gambling Or Day Trading

While I am a theoretical physicist by training, my first job offer after graduation was not in physics. It was in gambling. Less than a couple of months after defending my dissertation I was headed to Los Angeles. Here, in the heart of the southern part of the Golden State was to be my first job. More precisely, it was to be for a gaming company in Beverly Hills. The company was founded by two gamblers who had happened to make a fortune playing Blackjack in Las Vegas. Now they had other people play for them in local Southern California casinos.

But they were not playing against the house. They were playing for the house which always has an edge. My company would simply employ these people to work as prop players. As such, they were trained to play various casino games (Blackjack, Pan Nine, Pai Gow Poker) and were paid an hourly wage for that which was certainly very competitive compared to the minimum wage. I was in charge of developing training software for these players based on optimal strategies that I was also responsible to work out.

For these people it was really a risk free job in gambling. There are more players like that out there. Because of the huge popularity of poker (especially Texas Holdem), some casinos employ prop players to keep the poker tables running and make money off “the fish”: inexperienced players, frequently tourists.

There are also prop daytraders who trade using the capital of a firm that employs and trains them in their proprietary strategies. However, often prop traders are required to put in some deposit, a small capital of their own. Yet, this is also pretty much a risk free job save for the deposit that may not be returned.

And there is yet another good way to profit from gambling or daytrading. Who do you think made more money during the California Gold Rush in the mid 19th century: those mining gold or those who were supplying shovels to them? And whose job was easier? While some people did strike gold and became rich, it’s probably safe to say that many more ended up rich by selling tools to the miners. And there is nothing wrong with that: virtually every human activity requires tools, that’s what separates humans from the rest of animal world, and before you develop your own, if necessary at all, it only makes senses to start with what is already available on the market.

Yes, it is certainly possible to make money as a vendor, a developer of systems, strategies, or other tools, without actually gambling or daytrading, although a respectable vendor is expected to have some practical experience in the field in which he operates. These days, with the Internet becoming the most ubiquitous and versatile form of communication ever, it is very easy to sell tools for gamblers and daytraders via one’s own website.

All you need to know, except for the expert knowledge of gambling or daytrading, is how to go about it. How to create your own eBook or software, how to create a website for its online presence, and how to market it. While all this may seem a bit daunting at first, for first steps in virtually anything tend to be particularly challenging, many have done this already and many more will certainly follow in their footsteps. In fact, it is much easier to do so these days than it was a few years back as now there is more information and more tools dedicated to helping new authors publish and market their expert work.

Comparison Sites Have Changed the Way We Shop So Will They Change the Way in Which We Gamble?

There is no doubt that comparison; aggregator and review sites have changed the way in which many people shop. Competition is rife which means shoppers have an advantage as companies turn to using competitive and aggressive marketing and pricing tactics. This allows the consumer to get the best deal for the product they are looking to buy. It makes sense. Instead of trawling through the internet looking for that great bargain, consumers can now, simply click on a comparison site punch in the search term and the results are right there screaming out which is the best deal possible, not only saving them time but also money. Sites that do this well include Kelkoo and money supermarket where you can compare thousands of products and services.

Access to the internet has steadily increased and this has helped many internet businesses grow including the online gaming world which has seen and continues to see steady growth in player numbers.

Gaming Sites

Not only do players love the thrill of the gambling but the sites usually offer mechanisms for connecting people together through their chat rooms which actively promote a community feel. Along with the chat rooms, gaming sites usually offer the ability for players to connect in multiplayer games. Single player games are still highly popular but variety is the spice of life.

With the continued grow of gambling sites the competition continues to get hotter and amazing promotions and new features start to pop up all over the place. More players equal more games which equal more need for review, comparison and aggregator sites.

Comparison sites give more information than a customer has had before. There is little doubt that comparison sites help customers to navigate to the types of games or products that they require.

Unfortunately many comparison sites have commercial agreements with the companies they feature and as a result they don’t always showcase the best offers but instead showcase the companies they have an agreement with, and include bias reviews in favour of those companies who pay that little bit extra. Some players may also be worried about signing up to a comparison site for their newsletters in fear of them passing on their details.

Do Your Homework

As with everything it is best to do your homework. Find a site which is kept up to date, only holds none bias information plus gives the consumer a clear, detailed and well informed information in regards to the subject matter which in this case is online gambling websites.

Comparison or review sites showcase a range of best promotions from different online gaming providers, so players don’t have to go searching or miss out on great offers, promos and bonuses that they might not have come across. Gambling comparison sites provide great benefits to users by providing them with valuable information and saving them a lot time.

There are a number of review sites for specific games such as bingo or casino but there is one site that has it all. Not only does it cover bingo, but it also has specialist sites providing the same quality comparative reviews and guidance for a range of games. Not only does The expert brand shows a range of online gaming variants including; casino, blackjack, poker, roulette, slots, backgammon and football.

All of the Expert websites provide a newsletter so our users can get all of the latest news, promotions, bonuses and vital info sent directly to their email. Visit www.expertbingo.co.uk

If you or anyone you know is worried that gambling may becoming a problem in their lives then please contact Gam Care. Gam Care is a registered charity which provides specialist advice by trained advisor’s. They provide support for people who are suffering from a gambling addiction and their help can be accessed face to face, online or via telephone.

Basketball Gambling

Sports betting can be both fun and rewarding and many people particularly enjoy basketball gambling. However, just betting on your favorite team every time it plays may not be the best way to be successful. If you’re serious about winning at basketball gambling then you need to know what you’re doing. There are many factors that can affect the outcome of a basketball game and the overall record of the team is just one of those factors.

For example basketball gambling calls for you to know if there have been any injuries to key players that might affect their performance. If there have been, you’ll want to know how long the injury might last. When you want to engage in basketball gambling on a regular basis you’ll also want to know about such things as conflicts within the team and any factors that might affect the teams game against a specific opponent. For example, how does one team’s center or small forward match up against the opposing personnel?

In order to get the best insight on basketball gambling it’s often a good idea to consult with an expert in the field. Such an expert can provide you with the inside information you need to make the right bet. You’ll not only know what the line is for a game, but what factors figured into the setting of the line. All of this type of information helps increase your chances of winning and after all isn’t that what’s sports betting is all about?

Baseball Gambling

Sports’ betting has always been popular, and has shot up in popularity with the spread of the Internet. It’s now much easier for individuals to find the information that is needed to place an informed bet on the outcome of a game. Those who like baseball gambling know that baseball is one of those sports where more is needed to place a bet then just looking at the records of a team.

In baseball gambling you’re often dealing with a situation where any team can beat any other team. To make an informed bet you need to look at all of the possible factors that might influence the outcome of the game. These include any injuries to key players, the records of starting pitchers, whether key hitters are in a batting slump, and many other factors. This information used to be primarily available to baseball insiders, but now experts are willing to share the information with anyone that’s into baseball gambling.

There’s no doubt an expert can help. A good baseball gambling expert can provide you with the hottest betting trends and keep you up on the latest line so you know who to bet on and how and where to bet. In other words, your odds are greatly increased when you do your baseball gambling with the help of the odds makers themselves. Sports’ betting is fun and exciting and with the right knowledge at your finger tips it can be lucrative. You won’t win all of the time, but by using expert advice you can greatly improve your chances.

Gambling Addiction: How Is It Different From Other Addictions

The word “Addiction” is characterized by many people as being a negative compulsion. A person with an addiction is unable to stop doing the thing they are addicted to.

Not all addictions are the same, and even though we are focusing more on gambling addiction, we also want to touch on other addictions that can overtake a person’s life.

What Are The Different Type of Addictions?

There are basically three categories for addictions:

1. Substance
2. Impulse/Emotional
3. Behavioral

Most people relate substance addiction to drugs, but it can also be related to: alcohol, tobacco, prescription drugs, and inhalants.

Impulsive/emotional types include: gambling, stealing, and pyromaniacs (setting fires).

Behavioral types include: eating, shopping, pornography, working, and perfectionism.

The one thing all of these addictions have in common is – control. A person with an addiction, gambling or otherwise, is in bondage to their addiction. The crazy thing about this problem is – they don’t overlap most times. A person addicted to gambling will not have any desire to set fires and a pyromaniac won’t be tempted to gamble.

Taking a Closer Look at Gambling Addiction

There’s a distinct difference between a gambling and substance addiction. Gambling is triggered at an emotional level and substance addictions are craving some type of chemical relief.

The gambling atmosphere is all about “emotions” and “excitement” but alcohol, smoking, stress, anxiety, and many other vices are all part of the casino experience. This is one instance where the initial addiction can lead a person into multiple other addictions.

Casinos spend millions of dollars each year studying the habits of gamblers. Gambling is different from other addictions because of money. Money is the fuel for gambling and the emotional rush comes from having your money on the line.

Slot machines are designed so that the colors and sounds attract people to play; at that point money loses its value. The tables convert cash into chips. By doing this the player loses their sense of value for money; the casino knows exactly what they are doing.

Pathological gambling destroys relationships, it devastates finances, and it can even cause a person to commit suicide. So, what can cause a person to become a gambling addict?

Since gambling is categorized as an emotional/impulsive addiction, we have to look at other emotions that can trigger it. The experts have listed a few:

– Anxiety
– Depression
– Stress (work/family)
– Personal Loss
– Debt

We also have to include the “beginners luck” syndrome. There’s a natural attraction to easy money and lotteries are one example of this fact. The multimillion dollar lottery pools are a reflection of the hope of getting rich, and this is what drives a person to the point of becoming a gambling addict.

When gambling becomes an addiction it goes beyond just winning, it’s more about just playing. People who are addicted can be winning thousands of dollars and not quit, why?

The reason is – love. The love of gambling. The phase of losing and desperation comes next, and this is when the addiction can turn into a monster. Fortunately there is help, and there are help centers waiting to help.