Becoming A Professional Gambler
- Being A Professional Gambler On The Football
- Professional Gambling For A Living
- Becoming A Professional Sports Gambler
- Becoming A Professional Gambler
The Right Casino. Tip number 1 to becoming a professional gambler is picking the right online. Pros of becoming a professional gambler One of the reasons being a professional gambler is a dream job for many is the freedom it offers. As a professional gambler, you can be your own boss so you do not have to answer to anyone. You can work whenever you like and take time off.
Online casino games are becoming more and more popular with each passing day.
- Tips on How to Become a Professional Gambler Qualifications. Discipline: If you have to make a bet for the sake of making a bet you are in trouble. Focus: If you are distracted with other activities, people, family or problems you will not be able to give gambling the attention it requires.
- The answer is a little different to you may expect! Professional gamblers share a common trait; not following the crowd. In this Q & A session, Caan answers.
- In short: Keep as much money as possible from free bets. Matched betting is the.
However, as popular as they are, most of the players are playing games for fun.
But, you may one of those gamblers in Australia who is thinking of taking it online casino gaming on a more professional level.
That is why we have 7 great tips on how to be a professional gambler.
Tips To Becoming A Professional Gambler
The Right Casino
Tip number 1 to becoming a professional gambler is picking the right online casino or sports betting site. Although we know that there is nothing like the perfect online casino or sports betting site, we are sure that there are some that get close to reaching perfection. By going through the online casinos on this site, we are sure that you will find one that can meet and exceed your online casino gaming needs.
The T’s and C’s
The second step that you have to take on your road to becoming a professional gambler is reading the terms and conditions. While it may seem like it’s an obvious thing to do, most casual players don’t bother reading the casino terms and conditions. Because of that, they can easily get caught up in bonuses and conditions that they never intended on getting themselves into.
Although reading the online casino terms and conditions be tedious, it is a good investment of your time. And since you want to a professional gambler, you need to know exactly what you are signing up for at the site that you are playing.
Reading the online gambling sites’ terms and conditions is like going through a contract before you sign it.
Know the Gambling Games
In order to be professional real money online gambler, you need to know the games that you can play. This means that you need to research and find out about the various online gambling games that you can play as well as the pros and cons of each game. The reason why you have to do is so that you can learn all the valuable information quickly and use this information to improve your online casino gaming experience.
Pick Your Poison
Like any other professional out there, you need to be able to pick your poison. By this, we mean that you will have to pick the online gambling games that you are good at. There are several types of online gambling games as well as different variations of each of those games. As such to become a professional online gambler, you need to pick the game that you are good at then go on to master it.
Accept the Reality
In order to be a professional gambler, you will also need to make sure that you accept the reality that it is a gamble. This means that there will days when you win and there will days when you lose as well. As we said earlier that you need to master your game and even as you master your game, it will not always be easy.
Know the Odds
The next step to becoming a pro real money online casino gambler is knowing the mathematics behind the games. This means that you should know the odds as well as the house edge and the RTP that your game of choice has. You need to know that every online gambling games have odds, the house edge as well the RTP, by knowing these you will be able to know the chances that you have of winning the game when you play.
Beware Of Gambling Addiction
With every sport there a few risks that are associated with prolonged playing. And with gambling one of the risks is gambling addiction. That is why as on your journey to becoming a professional gambler you need to make sure that you educate yourself on gambling addiction as well. That way you that you can avoid it.
Conclusion
With these 7 tips on how to be a professional gambler, you will be playing like a pro in no time. And to add a bonus tip, you should always make sure that you claim the casino bonuses when are on offer. These will help you to save your funds and allow you to play for longer. Also, bear in mind that being a professional gambler means that you have to responsible for all the choices that you take when you are gambling. That being said, enjoy your professional online gambling at top Australian real money online casino sites.
How To Be A Professional Gambler FAQs
Most routes to becoming a pro gambler are well known. Daily fantasy sports (DFS), card counting, poker, and sports betting are all common forms of professional gambling.
Slot machines, on the other hand, seem like the last type of gaming that would offer an opportunity to become a professional. Aren’t these the games that people mindlessly play for hours and lose lots of money? Yes, to a degree.
However, slot machines can offer a chance to win profits under the right circumstances. That said, I’ll discuss different ways to win with slots and if this career choice is ultimately worth the effort.
What Are the Different Ways to Beat Slots?
You might think the only way to beat a slot machine is by praying to the heavens. If so, you’ll be surprised to find there are actually three different ways to win with slots.
Banking Slot Machines
A banking (a.k.a. accumulator) slot machine features a bonus meter that gradually fills as one collects special symbols. A bonus feature will be triggered once the meter reaches the top.
The premise behind these games is that they entice gamblers to play longer in order to unlock bonuses. But some players don’t manage to trigger the bonus, because they either run out of time or money.
Assuming they leave, you can swoop in and take advantage. You can theoretically gain an edge with accumulator slot machines when the meter is nearly full.
What’s more is that many gamblers continue playing so that they can earn the bonus. In these cases, you may need to build up the nerve to persuade a gambler off their slot machine beforehand.
Those who engage in this practice are often referred to as slots “vultures.” They hang around games and do anything possible to get a seat when the bonus is set to come.
Therefore, you not only need the time to find nearly full meters, but also need the nerve to talk somebody off a slot.
Mystery Jackpots
A mystery slot machine offers a progressive jackpot that pays out at a specific point. For example, a game may deliver its top prize at exactly $250.
Much like with accumulator slots, some gamblers leave a mystery jackpot slot machine before it’s set to pay out. This creates another opportunity where you can gain an edge by stepping in at the right moment.
Being A Professional Gambler On The Football
The biggest challenge in getting this advantage is knowing when to play a mystery jackpot slot. Here’s a formula via Michael “The Wizard of Odds” Shackleford for calculating a mystery game’s most-profitable point.
- Formula: t = m × (h + r) / (h + 2r)
- t = Target point
- m = Max jackpot
- r = Rise of meter (percentage of each bet that goes into the jackpot; e.g. 2%)
- h = House edge (including average value of progressive jackpot)
This formula isn’t perfect. After all, you may not know the house edge and/or jackpot contribution for the game you’re playing.
But you can at least guess these variables and come up with a reasonable target point. For example, most games see around 2% of every bet go towards funding the progressive jackpot.
Here’s an example for using these variables to determine when you’ll have an edge:
- Formula: $250 jackpot x (0.05 + 0.02 rise in meter) / (0.05 + 0.02×2) = $194.44
- You should begin playing when the jackpot reaches $194.44.
Progressive Jackpots
Progressive jackpots play a huge role in the popularity of slot machines. After all, some of these prizes can be worth seven or even eight figures.
For example, somebody won a jackpot of $21 million through Microgaming’s Mega Moolah in 2019. This prize is an exception to the norm, but it shows just how large slots jackpots can get.
You definitely can’t expect to win profits on a game with 88% payback. This RTP is as bad as it gets in the slots world.
However, Mega Moolah’s payback grows along with the jackpot. At a certain point, this slot, or any other progressive game, can feature such a large jackpot that the game itself offers over 100% payback.
Assuming you play progressive slot machines at this point, you’re theoretically earning profits. But this is a huge “theoretical,” because you’d have to actually win the jackpot at some point to eventually be profitable.
The odds of winning the biggest slots jackpots can be 1 in 10 million, or even greater. You certainly don’t have any guarantees with these games.
Why You Should Chase Slots Profits
You can see from the above description that slots winnings aren’t easy to come by. However, you may still find this pursuit worth the effort for a few different reasons.
Make Money With Entertaining Games
Millions of people around the globe play slot machines on a daily basis for the entertainment value alone. Now, just imagine if you could also make a living while enjoying these games.
Professional slots play gives you this opportunity. You can hang out in casinos and play different slots for hours while earning a living.
Pick up Comps on the Side
The profits that you accumulate from slot machines aren’t the only benefits to this profession. You can also earn rewards on the side of your play.
You simply need to sign up for a slots club card at any casino where you gamble. From here, your bets will be comped based on each casino’s formula.
Professional Gambling For A Living
Generally speaking, you often receive 0.01% of your total bets as rewards. Remember, this money is on top of the profits that you’re already making.
Make Your Own Hours
Many people dream of working a job where they can make their own hours. Professional slots play offers this very chance.
You decide when to visit the casino and how long you want to play. You can also choose which holidays to work and which ones to enjoy.
Of course, you may have to play at the busiest hours to truly capitalize on these opportunities. But you always have the choice of when to gamble.
Visit Different Casinos
If you want to be a professional slots player, chances are that you’ll have to move to Las Vegas to do it. After all, Sin City offers the most accumulator slot machines, mystery jackpots, and progressive jackpots in the world.
Assuming you enjoy visiting different casinos anyway, then you’ll love this aspect of being a slots pro. Vegas, for example, offers well over 100 different casinos.
Becoming A Professional Sports Gambler
Not all these gaming establishments offer great opportunities to make profits. But you may include over a dozen different casinos in your rotation.
Why You Shouldn’t Try to Be a Slots Pro
Professional slots players aren’t very common. One reason why is because there are a number of downsides to this job, including the following.
Inconsistent Income
Even if you have an advantage with slot machines, you’re never guaranteed profits on a given day. You’ll have a very small edge in any game and must rely on the luck of the draw in some cases.
If you’re playing an accumulator slot with a nearly full meter, for example, you still need to collect the one to two required symbols to trigger the bonus. Sometimes, you’ll get the required symbols very quickly. Other times, you’ll have to wait and lose money in the process.
Assuming you keep playing slot machines with an advantage, then you’re going to make profits. But you never know how much you’ll earn during each day or even week.
Limited Opportunities
Accumulator slot machines used to be more common over a decade ago. However, many casinos found out that these slots caused major problems.
Becoming A Professional Gambler
As covered before, vultures try to persuade gamblers off of machines with nearly full meters. Fistfights sometimes break out when vultures are too persistent or even downright rude.
Mystery jackpot games aren’t heavily prevalent in casinos either. They’re just not as popular as standard progressive jackpot slots.
Deal With Slots Vultures
Slot machine vultures are one of the ugliest parts of the trade. If you pursue accumulator bonuses, or even mystery jackpots, then you’ll be competing with these very same players.
They may harass you for infringing on their turf. Furthermore, they’ll try beating you to the punch when a favorable opportunity exists.
You may have no problem with this competition. But more competitors mean you’ll have a tougher time making profits.
You May Become a Vulture Yourself
In the end, you might discover that the only way to earn consistent profits is to become a vulture. Are you prepared to try and trick gamblers off of slot machines just so you can profit?
If the allure of being a professional slots player is that great, then you may answer “yes” to this question. On the other hand, you might hate the idea of bothering other players just to get their seat.
Conclusion
Slot machines aren’t my favorite route for trying to win gambling profits. Nevertheless, they can be beaten under the right conditions.
Banking slots, mystery jackpot machines, and progressive jackpot games can all offer an advantage. You just need to go about playing them in the correct manner.
Accumulator slot machines have meters that trigger a bonus when filled. If you continually play these games right before the meter fills, then you’ll have a long-term advantage.
Mystery jackpot games pay their top prizes at a specific point. When you play these slot machines near the payout point, then you can boost your chances of winning.
That said, accumulator slot machines and mystery progressive jackpots are the most feasible paths to winning. But they also have their downsides.
Both types of games are available in limited supply. With banking slots, you also have to worry about vultures swooping in to steal profitable opportunities.
In summary, becoming a slots pro is far from easy. But you may still consider this path if you really love slot machines and want to profit from them full time.