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Online gambling is a growing industry, with online gaming transactions rising from $7.4 billion in 2003 to $41.4 billion in 2015. Despite this tremendous boom in interest, many people still question whether or not it’s possible to make a living gambling over the Internet. It isn’t easy, but there are professionals out there that have developed the strategies and systems needed to allow them to make lucrative incomes playing online poker, sports betting and various casino games from home.
How Online Gamblers Have Beaten the House
You’re probably familiar with the old adage “the house always wins,” but this absolutist phrase doesn’t always hold true with online gambling. While gaming providers definitely have an edge with most casino games, it’s still possible for gamblers to make a handsome profit. However, they need to develop the appropriate systems in order to make a sustainable living.
Here are a few of the different ways online gamblers can try to make a full-time living:
Taking Card Games Against Less Experienced Players
Making a killing from online slots can be difficult, as the numbers are randomly generated. For this reason, it’s a lot easier to make money on skill-based card games, such as online poker. Talented players in these games understand the impact of statistics and the elements of game theory, which gives them a strong edge over their less experienced opponents.
Making money playing poker on online gaming sites isn’t usually as difficult as it is in a traditional casino, as these sites tend to attract more amateur players. However, despite this, it still takes time and practice for players who want to “go pro” to develop their skills to the point where they’re able to beat the “noobs” and win regularly.
With practice, though? The very best online poker players can make bank. As an example, Niklas “ragen70” Heinecker earned $6.3 million in 2013 alone from online poker. Tom “durrrr” Dwan played very few hands, but still netted about $750,000 in the same year.
Playing Online Slots
Anyone that’s played slots in a traditional casino is probably skeptical about the fact that anyone can make enough money from online slots to earn a living. The first thing you need to keep in mind while playing online slots, however, is that they operate entirely differently from the slot machines in land-based casinos.
Online slots rely on random number generators, which aren’t actually random. They use complex algorithms to determine the next sequence of numbers, which means that it’s possible to predict outcomes by deciphering them.
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Keep in mind that random number generators are extremely complex, so few online gamblers can figure out how to predict future outcomes. However, since the average payout on online slots is usually between 96% and 99%, you only need to be able to predict the outcome slightly better than the average user to walk away with a profit.
Of course, it’s also possible to make great money if you’re lucky enough to win a large jackpot from online slots. A couple years ago, a Scottish woman won £5.4million playing BetVictor’s Hall of Gods (though it’s important to remember that this was the largest win in UK history, and that it was due to sheer luck).
Online slots are really primarily games of luck. While it’s possible to develop a system to make a living from them, you’re still generally more likely to succeed with other forms of online gambling.
Sports betting is another very popular form of online gambling that many people try to cash in on. According to Deloitte, U.K. citizens spent nearly £1.4 billion pounds on sports betting websites in 2013. They wager more money on sports than any other form of online gambling.
There are a couple of ways to make money from sports betting. The first is through arbitrage. A professional sports better on Reddit did an AMA about three years ago and illustrated how he makes a great living off of sports betting arbitrage. Essentially, he places bets on both teams through two different bookies that offer different payouts.
Here’s an example of some of the bets he may place:
• One bookie is offering lines of +120/-130 • The second bookie is offering +130/-140
What the Redditor would do is to bid $100 on one team and $125 on the other. This means that there are two possible outcomes: he either breaks even or wins $5.
There are other ways that players can make money as well (without rigging the competitions, of course). Betters that have a thorough understanding of the competitions can possibly forecast the odds better than their online bookies, which can help them earn a lot of money.
What Does It Take to Make a Living from Online Gambling?
Most online gamblers are hobbyists that expect to lose money in exchange for a little excitement. Some online gamblers are able to make a great living, but it isn’t easy. Make sure that you have all of the following on your side before trying your luck:
Capital You Can Afford to Burn
It’s going to take time to develop an online gaming strategy that’ll work for you in a regular, profitable manner – and you’ll only reach that point by playing regularly. Of course, this means that you’re going to need to spend (and possibly lose) some money.
Treat your new online gambling career like you would starting a new business by saving up a good share of money you can afford to lose. If your wallet is already stretched thin, this isn’t the time to start trying for a career as a gamer.
A Lot of Perseverance
Even the best online gamblers will have their share of off days (and off weeks). You can’t afford to give up if you think that your system isn’t working anymore; instead, you’ll need to just ride it out until you start to make a profit again. If your system has proven to work, have faith – it’ll work again in the future.
Are you a professional online gambler? Do you wish you were, but something’s holding you back? Share your experiences by leaving a comment below:
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Sep 29, 2020 · These slots may look similar on the motherboard, but they’re not compatible. M.2 SSDs may also use the SATA interface, but that doesn’t mean it’s an mSATA drive. Yes, it really is a bit confusing, but fortunately, M.2 2280 is the most common standard by far, so it’s actually hard to get it wrong. But just to be safe: Jun 12, 2017 · I just finished my first build and have some questions about where to put my Intel M.2 480GB drive.My mobo is an ASUS b250 prime and theres 2 slots,M.2 1 and M.2 2. I also have another HDD drive but I use the M.2 for boot. Please help! Thanks. 1 PCI-E 3.0 x32 Riser Slot M.2 Interface: 1 PCI-E 3.0 x4 M.2 Form Factor: 2242, 2260, 2280 M.2 Key: M-Key M.2 type: SATA and NVMe ; Intel® C621 controller for 4 SATA3 (6 Gbps) ports; RAID 0,1,5,10; Dual LAN with 10GBase-T with Intel® X540 10GbE Controller
Thanks for A2A. Can I add an M.2 NVMe SSD drive to my PC if I am already using all the available SATA ports on my motherboard? An M.2 SSD doesn’t use SATA. It is actually intended to bypass the entire SATA controller. RM22-308 2U 8-bay 2.5' / 3.5' HDD / SSD rackmount storage chassis with Mini-SAS HD SFF-8643 12 Gb/s interface
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Sep 22, 2020 · A few of the latest high-end AMD motherboards supporting PCI Express 4.0 even bundle such cards, supporting two or four M.2 drives, to supplement onboard M.2 slots. We actually like these because ..
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M.2 Key defines by its notch which you can see inside the M.2 Slots. There are 12 different notches and every notch has its own alphabet name (from A to M ). But still most of the M.2 Keys is reserved for the future use and now it’s only four which currently being used by SSD, GPS and Network Cards. Ultra-fast speed with PCIe slot flexibility. With a low-profile design that promotes the best-ever airflow to adjacent expansion cards, fit the PCI Express x4 add-in card to any slot that suits your PC build and pump M.2 performance up to a blistering 32Gbit/s — for unmatched performance.
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Nov 16, 2019 · The picture below is an example of what memory slots may look like inside a desktop computer. In this picture, there are three open and available slots for three memory sticks. When buying a new computer or motherboard, pay close attention to the types of RAM the memory slots can accept.
Mar 24, 2020 · The M.2 SSD enjoys a more flexible physical specification, thus allowing different module width and length. In general, it is smaller than the mSATA SSD. M.2 SSD supports PCIe 3.0, SATA 3.0 and USB 3.0 interfaces, while mSATA SSD only supports SATA. The M.2 SSD offers fast speed and stores more data than most mSATA SSDs. May 14, 2019 · The three M.2 slots are described as being connected to the CPU and the southbridge, respectfully, using PCIe Gen 4 in all cases. Bandwidth is stated to be 32Gb/s, which corresponds with a PCIe 4 .. Oct 15, 2020 · We want you to understand how and why Reddit, Inc. (“Reddit,” “we” or “us”) collects, uses, and shares information about you when you use our sites, mobile apps, widgets, and other online products and services (collectively, the 'Services') or when you otherwise interact with us or receive a communication from us. The next advancement in NVMe SSD. The 970 EVO fits up to 2TB onto the compact M.2 (2280) form factor, greatly expanding storage capacity and saving space for other components. Samsung's innovative technology empowers you with the capacity to do more and accomplish more.
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Jun 12, 2019 · Either a dedicated card or an M.2 slot are the most common options. However, not all M.2 slots support NVMe (some only support SATA, some only NVMe, and some either), so even if you have an M.2 ..
Apr 25, 2020 · Most laptops with M.2 are NOT gen3 x4 slots, but slower, so even if you put in 960, you might get SATA speeds, or a bit faster. You must read the specs and make sure whatever you buy has M.2 gen3 x4 slot [or 2, that would be perfect].
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