Online Gaming - Is It a Viable Way to Make Money?

Online Gaming – Is It a Viable Way to Make Money?

Online gaming for real money is a hot topic nowadays, especially because of the controversy surrounding the daily fantasy sports industry in the US. There is a lot of debate going on about the business. Some consider it a form of online gambling, others see it as a game of skill, which happens to reward the best players with money. But there are many other forms of gambling under debate today. Several US states are considering regulation of online casino gaming, a business legal in Europe, Canada, Australia and many other parts of the world. They usually speak of the business’ potential to generate tax income, but they hardly ever look at it from a player’s point of view.

What is Online Gambling?

Basically, online gambling is the same as the thing you do on the gaming floor when you visit Las Vegas. Online gambling is a form of entertainment where players stake their money on the outcome of a variety of games. Their goal is not necessarily to win – people often spend to take their chances and have fun, rather than going for a win. And if they happen to win, well, that’s the icing on the cake.

According to a study published last year by the Harvard Medical School’s Division on Addiction, the average internet gambler plays infrequently, about once in two weeks, and loses about 5.5% of all the money they wager. And this average includes the 5% part of the sample of 4,000 people, with an “intense gaming behavior”. So, I think that we can conclude that internet gambling is a form of online entertainment, and quite a casual one.

What Online Games Can Win Me Money?

When going online to play, know that not all online gaming portals are created equal. Marketing is their strongest weapon, and sometimes they will promote offers that seem too good to be true (and they often are). The best choice is a reputable online gaming portal with a history of excellent service, like Royal Vegas Online Casino.

Royal Vegas was founded in 2000, and it has managed to keep its name “good” ever since. Known for its large game library and attractive promotions, Royal Vegas has members from all over the world (except for places like the US, where gambling is not legal). Its players praise it for its helpful and proactive personnel, its quick payouts and safe operation. Royal Vegas has spent years making a name as a trustworthy operator, running under an EU license known to be the most strict and restrictive of them all.

The next step would be to choose the right games to make money. Games that promise huge payouts – like roulette, with its top payout of 35 to 1 – are best to be avoided. The golden rule of the casino is that the higher the amount, the harder it will be to win. Luckily Royal Vegas has enough games that are “safe” (which, in casino terms, means that the player has an almost 50% chance to win at them), like blackjack, for example. Its basic payout is 1 to 1, and the highest odds it pays out is 3 to 2 or something similar.

Will Casino Games Make Me Rich?

They can – but only if you are incredibly lucky. A Canadian guy, Mark A., has won a $7.5 million jackpot at Royal Vegas a mere week after registering an account. But this is a rarity! Playing the right games with the right strategies can add some cash to your monthly budget in the long run, but don’t expect to break the bank each month. You can lose at even the “safest” games.