Best Way To Earn Money Gambling
- Real Money Gambling Site
- Best Way To Make Money Gambling In Vegas
- Best Way To Earn Money Gambling No Deposit
Comp dollars and tier credits offered through player reward programs at casinos may be one of the most overlooked aspects of gambling. These reward programs will be your key to unlocking exclusive offers such as slots dollars, comped rooms, free parking, dining credits, flights, contest entries and so much more.
Even though the sole purpose of a player rewards program is to get gamblers into the casino and spend money, if you use them correctly you will actually be able to get a great deal of value out of them – especially if you follow our free guide below.
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Poker has long been one of the top ways to make money with gambling. This reputation has only increased in recent times with the availability of online poker. The reason why poker offers such a great opportunity to earn money is because you’re competing against other players – not the house.
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When you first enter a casino – whether it be in Las Vegas, Atlantic City, or anywhere else in the world – there is usually a desk or electronic kiosk near the main entrance for the company’s players club. Every gaming company, from large conglomerates like Caesar’s Entertainment and MGM Resorts to smaller, local properties like Station Casinos each have some type of rewards program in place for their players.
To participate in any casino rewards program, you must first obtain a player’s card. This card is your key to earning comp dollars and tier points at the casino you will be playing at. There are many different ways to earn comp dollars and tier credits, but some will earn you points quicker than others. We have outlined (in full detail) the most effective ways to accumulate these points below, so you can get the most out of your next visit to the casino.
The Basics of Earning Reward Points & Comps
Let’s start off with the most basic way that players can earn comp points; gambling at the casino. When gambling, you should always make sure that you are using your player’s card – whether that means giving it to the pit boss at the tables or making sure it’s properly inserted into a slot machine. This will ensure that the casino can properly keep track of how much money you’re wagering at slots, video poker or table games. In turn, this will result in you being rewarded proportionately to your play.
If you’re playing slots or video poker, always make sure that your card is inserted correctly. Sometimes the machine will not be able to read your card on the first insert, and hence won’t be able to track your play. When this happens, the machine will usually display a red light around the card slot.
When playing slots or video poker, comp dollars and tier credits will be earned based on the amount of money you wager on the machine. A common misconception among players is that comps are awarded based on losses, while this is in fact not true in almost all cases. The amount of time you play at the machine also has no effect on how many points you will earn.
Most, if not all gaming machines in a casino will have a small electronic screen with a countdown towards the next point(s) that you will earn. The countdown will go down after every hand or spin you play, and will be based on the amount of money you wager for each hand or spin. Once the countdown hits 0 it means you earned points for your play, and it will restart again.
The process will continue in the same manner for the entire time you are playing. This should be your main focus if you are trying to maximize point earnings, and it will also give you a general summary of how many points you have earned on this session. The most common electronic machines that people play include slots, video poker, virtual blackjack and electronic roulette but there are some others as well.
The First Visit to a Casino is Key
The first day’s worth of play on a new rewards card can make all the difference when it comes to the value of the offers you receive from a casino. Most casinos will look at the action of all their new players and base the value of the promotions and offers on how much a person wagered to encourage them to come back. Some player reward programs even have “new player” promotions, where gamblers can earn comp dollars or tier points at an increased rate. A perfect example of this is Caesars’ Total Rewards Program, which offers new players the opportunity to earn 3x the normal rate on tier credits.
For this reason, we encourage players not to sign up for a new players card if they only plan on spending a few minutes giving action at a specific casino. We recommend waiting until you can get in a full day’s worth of play before signing up for a new players card.
The first mailer a player receives is often the best one they will ever receive. Mailers have historically been sent through the U.S. Postal Service, but today they may also be received by email or even text. The offer may include free slots play, table game bets, comped hotel rooms, and meals.
Playing Low House Edge Electronic Casino Games
One of best ways to earn comp dollars and give the casino a lower house edge is to play multi-hand blackjack machines. Not every casino will have this game, but if they do and you are trying to rack up points quickly, you should go fire away. The concept of multi-hand blackjack is fairly simple. You pick the denomination and credits that you want to play (similar to that of any machine), and then you play 7 hands of blackjack at once versus the dealer all in one dealt hand.
The aspect of this game that makes the casino edge relatively smaller than most other machine games is what it allows you to do. In multi-hand blackjack, one can split, double, and get paid 3-2 on blackjack, something that is a rarity even at the low limit blackjack tables themselves. On top of the reduction in casino edge, by playing 7 hands you are playing that much more money in the game. Because of this and knowing that multi-hand blackjack is a machine game, you will be raking in the additional comp dollars and tier credits, and possibly some profits too.
Playing Low House Edge Table Games
Other than playing electronic machines at a casino, you can also play table games (such as blackjack or roulette) in order to earn comp dollars and tier points. However, the difference between the two is the number of factors involved with how many points you will earn. For table games, the amount you buy-in for, the time you play at the table, and your average bet size per hour all have effects on the points you earn while gambling, with the latter two being the most important.
Your Fate is Decided by the Pit Boss
When you go to sit down at a table game, you will always start off by buying in and giving your player’s card to the dealer who will then hand it off to the pit boss (manager of the table games). The pit boss will then enter into the system the amount of money you bought in for, and continue to update your average bet size during your time playing at that table (which will lead to you earning both comp dollars and tier points).
This is all very important if you are trying to earn points, since your fate is in the pit boss’s hand. He or she will not be able to watch every bet you make, so the average bet they enter into the system for you may not be accurate. There is usually just one pit boss on duty, and he must keep track of players at several tables.
Checking in with the Pit Boss
It does not hurt to get friendly with the pit boss since he/she can sometimes be on the generous side when entering your average bet into the player reward system. Regardless, you should always be checking from time to time what he/she has for your average bet, especially if you are altering your sizing.
On top of the average bet, the time you spend at the table is crucial for earning points. The longer you stay the better, as points are increased in exponential form based on time. In fact, certain casino companies will reward you with a higher status if you earn enough tier points during a 24 hour period, which generally means for you to have a reasonable average bet, along with playing for at least 4 hours at once, usually more.
Getting a VIP Host
The policy on VIP hosts changes from one casino to another. Some set a specific players club tier where a host becomes the reward. Others wait for a player to ask for it. Some casinos have hosts scour through data to determine if a player’s action warrants special attention. Once a serious player is identified, a host will introduce himself to the gambler.
What Does The Casino Host Do?
A host gives players a personal experience while in the casino. They also give players a reason to visit when he may not otherwise. This includes special perks like a limo ride from the airport, hotel room upgrades, show tickets, and visits to resort amenities on the house.
It never hurts to ask a pit boss or slot attendant to call a VIP host after a big session. This can include large wagers, long playing times, or a big win or loss. At the very least, the host will simply say no. There is nothing to lose.
Earning Points and Comps Without Gambling
Besides gambling, there are other ways to earn points. Those include staying at the hotels themselves, dining or shopping at places inside of the casino properties while using your player’s card, and more. In addition, if you have gambled in the past and used your player’s card, you may get promotions for free comp dollars and tier points that you can earn without having to gamble.
So if your goal is to earn comp dollars and tier credits in the best way and as quickly as possible, make sure to carry around your player’s cards and use it whenever possible. One note if you are trying to save up your comp dollars. Certain casino properties have stipulations where you must gamble at least once in a certain period of time to continue to keep your current comp dollars earned, and some also have it so your comp dollars will expire in a certain time period. In order to avoid having the casino take away your unused comp dollars, make sure to see what the casino policy is first.
Make sure to read our article on how to get Diamond in a Day at Caesar’s properties.
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Every gambler wants to win profits. But this is very difficult to do when considering that the casino holds an edge in most games. Of course, you can use a combination of luck and skill to win more money. But banking on luck is a terrible way to earn long-term profits through gambling.
Therefore, you need to find games and advantage play techniques that give you an opportunity to win in the long run. I’m going to discuss the best games and advantage gambling methods that’ll help you accomplish this goal.
Poker has long been one of the top ways to make money with gambling. This reputation has only increased in recent times with the availability of online poker. The reason why poker offers such a great opportunity to earn money is because you’re competing against other players – not the house.
But I believe that any poker player can win with the right approach. The only question is what route you should take towards becoming a winner. Read the stories of any successful poker player – past or present – and you’ll see that there’s no single road to get there. But there are some universal steps you can take to becoming a stronger player.
Here are different methods you can use to improve your skills:
- Watching pros on Twitch streams.
- Watching training videos on YouTube.
- Joining a training site (usually $30 per month).
- Reading poker strategy books.
- Reading poker strategy articles.
- Hiring a poker coach.
- Reviewing your sessions afterward.
You also have to decide what poker variation and type you want to attack. After all, this game offers over a dozen variations along with different game types. Some of the poker variants include Texas holdem, Omaha, Omaha Hi-Lo, Seven Card Stud, Razz, Badugi, H.O.R.S.E., and Crazy Pineapple. The different types of poker include cash games, multi-table tournaments (MTTs) sit and go’s (SNGs), and lottery style games. You should throw out lottery style poker games right away if you’re a serious player. These games rely on too much luck in order to win anything significant.
This leaves you choosing between cash games, MTTs, and SNGs. Here are the pros and cons to each of these choices:
- Cash games – Pros: great for steady hourly profits, especially when multi-tabling online. Cons: your losses can accelerate greatly if you’re not skilled.
- MTTs – Pros: give you a chance at winning a huge payout for a small buy-in. Cons: bigger MTTs have lots of variance, meaning you won’t cash often.
- SNGs – Pros: you can make a steady profit from SNGs without assuming too much risk. Cons: you need to multi-table SNGs or play higher stakes in order to make serious profits.
The biggest thing to keep in mind about poker is that it’s not an easy way to win profits. This is especially the case in today’s poker climate, which features better players than ever before. But as long as you’re willing to take a long-term approach to the matter – rather than expecting quick winnings – then you can slowly grind up the stakes and make some money. Moreover, poker offers more opportunities to become a profitable gambler than anything else on this list. Despite modern poker’s increasing overall skill level, you’ll find lots of juicy cash games, MTTs, and SNGs.
Chances are that you’ve seen a daily fantasy sports (DFS) commercial or two. These commercials are often aimed at making sports fans think that they can easily win money. This couldn’t be further from the truth, though, because DFS is a skill-based form of gambling. The biggest winners are those who dedicate the most time to creating lineups, analyzing statistics, and learning other strategies. Much like poker, you’re competing against other DFS players to craft the best player lineups. This skill aspect gives you an opportunity to win on a consistent basis.
Of course, not everything regarding DFS is about analyzing stats. You also need to develop simple strategies that’ll help you craft winning lineups. One of my favorite simple approaches involves looking for low-salary value players before filling out the rest my lineup. Focusing on the best value picks first helps me fill multiple positions on a roster before going for the high-salary players. Additionally, this allows me to see how much remaining money I have to go for the All-Stars at the end. DFS isn’t as lucrative as poker or sports betting for the average gambler. But you can certainly win some major money through this form of gambling.
Case in point: former poker pro Aaron Jones won $5 million through a DraftKings NFL contest in 2016. Plenty of other players have won large payouts since then. First things first though; in that you need to become a successful player before dreaming about a big win. I suggest starting with general strategy in low-stakes contests, before diving into advanced stats and programs that can truly make your winner.
Sports betting is similar to poker and DFS in that you can win long-term profits. But it also works differently from these two games in some ways. Poker and DFS involve competing against other players, with the house collecting a small amount of rake from the contest. Sports betting, on the other hand, revolves around trying to figure out which side of the line has more value. Therefore, you’re not competing directly against other bettors for winnings.
For example, you’d need to win 52.4% of point spread bets with 10% juice (comes from losing side) to be profitable. Winning over 52.4% of your wagers doesn’t sound extremely difficult. But keep in mind that even the best sports gamblers only win 53% to 55% of their point spread wagers. The rate at which you need to win moneyline bets depends upon the odds you’re taking. For example, you only need to win over 43.5% of the time on +130 moneyline bets to earn profits. But it’s not any easier to beat moneyline wagers than point spreads or any other type of bet.
The reason why sports wagering is difficult to profit from is because bookmakers are really good at setting lines. Their goal is to create equal action on each outcome in a wager, thus guaranteeing them a profit when the juice is taken into account. I mentioned earlier how you’re directly competing against other bettors. But you need to find favorable opportunities before most other gamblers, because lines shift when there’s too much action on one side.
Jumping on lines early is one of the best things to do as a sports bettor. This allows you to find value before any potential shift occurs to balance out the action. Handicapping is the main strategy for finding value in lines. This technique involves examining a variety of factors to see if the bookmaker’s odds lineup with your take.
Here’s an example:
- Atlanta Falcons +140
- Carolina Panthers -165
- You handicap this game.
- You think that the Falcons are undervalued at +140.
- You bet on the Falcons to win.
The factors that you look at when handicapping differ based on the sport. But basic elements that you should consider include injuries, player matchups, travel schedules, motivational factors, and statistics.
Stats are very important in sports gambling, because you can use them to spot trends that’ll give you an advantage over time. You can also use sports betting software to help you analyze advanced stats and make better bets. Of course, sports betting is like DFS in that you want to first learn the basics while concentrating on low stakes wagers. As you become more competent, you can graduate towards making bigger bets and using programs to help you out.
The esports industry has been rapidly increasing in popularity over the past few years. Esports betting, which has spawned from this growth, allows you to bet on the action. If you’re already a sports gambler, then you’ll appreciate the easy transition into esports betting. This form of gambling uses the same odds and types of bets that are featured in traditional sports gambling. You can also use many of the same handicapping skills to win esports wagers. The only difference is that you need to learn about the different games, leagues, and players involved.
Esports betting allows you to wager on over a dozen computer and console video games. Here are just some of the available games:
- Battlefield
- Call of Duty
- Counter-Strike: Global Offensive
- Dota 2
- Halo
- Hearthstone: Heroes of the Warcraft
- Heroes of the Storm
- League of Legends
- Overwatch
- Rocket League
- Smite
- Starcraft II
- Street Fighter
These games all have different leagues too, which gives you even more chances to specialize. But I strongly suggest that you only focus on one game and 1-2 leagues in the beginning until you master them. There’s no sense in wagering on a bunch of options and spreading yourself thin. Instead, truly get to know a single game before moving on.
5 – Card Counting
Card counting is an advantage play technique that you can use in blackjack to make profits. The goal is to keep track of aces and 10-value cards so that you know when you have a better chance to get natural blackjack (21 on first two cards). Casinos pay you either 3:2 or 6:5 on your original bet when you have a winning natural blackjack. Therefore, you can gain a temporary advantage by making larger bets when your chances of getting a natural increase.
The biggest benefit to card counting is that you don’t have to compete with other players to win. Instead, this is a matter of you learning how to count cards and avoid being caught by the casino. The latter is one of the biggest disadvantages to card counting. It doesn’t matter how good you are if the pit boss detects that you’re counting cards and has security escort you out the door.
This makes it important that you don’t spread your bets too much when you have an advantage. Here are examples of an acceptable spread versus what’s not:
- Acceptable – Going from table minimum of $10 to $50 (1-5 spread).
- Unacceptable – Going from table minimum of $5 to $500 (1-100 spread).
- Acceptable – Going from table minimum of $5 to $75 (1-15 spread).
- Unacceptable – Going from table minimum of $10 to $5,000 (1-500 spread).
One other critical aspect involves researching casinos and finding out which ones are more tolerant of bet spreads. Some gambling establishments will become suspicious immediately when you use a 1-15 spread, while others won’t as long as you’re not obvious about your counting efforts.
Of course, you also have to thoroughly learn and master a card counting system. The actual process of learning a system isn’t overly difficult, especially if you use one like the OPP or Hi-Lo. The Hi-Lo is my favorite for beginners, because it’s simple and will still produce good results. You should be able to learn how to use the Hi-Lo within a matter of minutes.
Also note that you’ll need a large bankroll so that you don’t risk busting out in your card counting endeavors. The average successful counter only has between a 0.5% and 1.5% edge, which makes for a lot of variance. You also have to account for how you’ll be placing big bets when you have a positive count. This increases the risk, which is why you want at least a few thousand dollars in your bankroll when starting out.
Hole carding is another advantage play technique that you can employ in blackjack. This strategy revolves around trying to see the dealer’s face-down card (a.k.a. hole card) when they peek for a natural blackjack. As you may know, the dealer peeks for a blackjack when their upcard is either an ace or a 10-value card. The round ends if they have a natural, and anybody without a natural automatically loses.
Under optimal conditions with a dealer that consistently shows their hole card, you’ll have anywhere between an 11% and 13% advantage. The biggest obstacle to hole carding is that there aren’t many dealers who’ll actually reveal their value when checking for blackjack. Chances are that you’ll have to sit at 100 or more blackjack tables before you find a really bad dealer.
You also need to sit in the correct seat to spot the dealer’s hole card. First base (seat to croupier’s immediate left) is best when there’s a right-handed dealer, and third base (seat to croupier’s immediate right) is best when there’s a left-handed dealer.
Video poker is the only house-banked casino game that offers you a long-term advantage. Unlike hole carding and card counting, you can sit at a video poker game for as long as you want and take advantage of profits. The first step to being a video poker winner involves knowing which variations actually provide an advantage. Here are the three most-common variants that will deliver long-term profits:
- Best Way To Make Money Gambling In Vegas
Note that you have to play the “full-pay” versions of these games in order to have an advantage. Full pay means the top pay table for any given video poker variation. The easiest way to find these games is by visiting a site called vpFREE2.com. This database allows you to look up various casino destinations and see what video poker variants they offer.
You may be disappointed to find out that there are no casinos outside of Nevada offering any video poker games with positive expected value (+EV). Moreover, the largest selection of beatable machines are found in Las Vegas. Assuming you have access to Nevada casinos – either through living in the area or visiting – then you want to practice for the games you’ll be playing. After all, you need to use correct strategy to take advantage of +EV situations.
Also note that being an advantage video poker player is a volatile pursuit. You’ll only get a royal flush on 1 out of 40,000 hands on average, meaning that you’ll need to play numerous hands before realizing +EV. But as I mentioned before, the great thing about video poker is that you can play games with over 100% RTP and not fear being kicked out of the casino.
None of the games and advantage play methods I’ve discussed is perfect. They all have their pros and cons with regard to the strategy and difficulty level. But the good news is that everything covered here are at least gives you the opportunity to make money through gambling. If you’ve ever dreamed of being a profitable gambler, then the opportunity is there for the taking.I prefer player-vs-player games, because they have the lowest barrier to entry. You won’t get booted from the casino, and you can readily find poker and DFS games online. Advantage play techniques are nice from the perspective that they offer you guaranteed profits when used correctly. You don’t have to worry about beating highly skilled players.
But one major drawback is that you can also get kicked out of the casino. Additionally, it’s hard to find perfect conditions for card counting or hole carding. Video poker is great from the perspective that you can win money without worrying about the casino staff breathing down your neck. The downsides, though, include that you only find +EV games in Nevada and you won’t win large profits with these games. In summary, winning in gambling is far from easy. But there are multiple ways for you to accomplish this if you’re motivated to do so.
Best Way To Earn Money Gambling No Deposit
