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Become a Millionaire through Online Gambling

You studied hard, got a great job, and worked hard. Are you a millionaire now? Nope, life doesn’t work like that. Of course, if you’re a doctor or banker, then you do have more of a possibility than most. If you’re a gambling guy or gal, there are plenty of ways to strike it lucky and strike it big on the internet and become a millionaire. So, let’s have a look at the means needed to change your life around. You’ll be needing a mansion, a mega-yacht, and some fast rides. Let’s see how to get them…

Become a Millionaire: Slots

Walk into any casino and you’ll immediately be surrounded by slot machines. These carry a house edge of around 4% and they involve zero skills. That’s why they’re so popular. There’s nothing to learn and the payouts can be massive. Of course, all that money waiting to be won is just a portion of the monies that were previously lost. Jackpot slots probably represent the very best method of becoming a millionaire via casino games. There are large progressive slots that can make your head spin just thinking of the prizes.

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Everyone loves slots

Here are the biggest online slots jackpots:

Jackpot Giant – $5,432,492
Jackpot King (Betfair Paddy Power version) – $5,024,294
Aladdin’s Lamp (Casino Club version) – $4,458,284
Hall of Gods (Mega Jackpot) – $3,758,294
Mega Moolah – $3,284,204

The upside is playing for these huge prizes keeps the dream alive. The downside is that the odds are seriously stacked against you. Though the game’s developers don’t really want to shout this fact from the rooftops, you can be certain that they run into the several tens of millions to one ratio. For example, the chance of winning the MegaMoolah progressive jackpot are 1 in 50 million. In theory, you’d need to spin 50 million times to get your winning reels. Another reason for the popularity of slots is that the entry point is set very low. On the whole, you’ll be spending between $0.25 and $1 per spin. Though we should point out, that it’s also the rate of spins that also matters.

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Sports Betting

Online slots is really just about luck. There’s no real input that’s going to have any direct effect on the results. But sports betting is different. If you have any handicapping skills or general knowledge, then you can drastically increase your jackpot winning chances. We should point out that the vast majority of sports bettors lose money. That’s the business model. The real problem in trying to make any serious cash via sports betting is that the sportsbook messes you around by not setting tight lines. To that end, there’s very little between either side. Of course, there are sports bettors like Billy Walters and Haralabos Voulgaris who have made a killing.

The bottom line is that if you follow the normal betting patterns over the weekend games, then you’ll lose money. Somehow, you’ll need to do really deep research in order to get an edge over the bookies. And that’s not an easy thing to achieve. You’ll need to be an expert on handicapping and know how to keep thorough tracking of your previous results. We suggest that you just stick to one sport. get to know all the ins and outs of it. Understand the rules and gameplay. That’s really the only way to go forwards with a profit.

Become a Millionaire: Online Lottery

So many folks partake in the lottery that it’s easy to see that this is by far the most common method of having a punt on becoming a millionaire. Go into any convenience store in the US and they’ll be a cue of people waiting to buy. But you can also buy your tickets online and over the phone. Now, playing the lottery is solely based on luck. But your ticket, choose your numbers and then sit back and wait for the result as the draw occurs.

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Lottery is your best chance for quick money

Then there are scratch cards. Again, extremely simple to use. Just buy one and scrape off the covering on the numbers. It’s so easy, which is why this too is very popular.

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Online Poker

Stepping back into the casino, let’s make our way to the poker table. Poker used to be a game where vast fortunes could be both made and lost within the period of a session. But thanks to Black Friday and various changes in casino rules, today you can still make some serious money, but just much less than before. Now, poker does require a skill. And if you’re going to be playing jackpot poker in the hope of making constant profits, then you’d better be continuously learning and bettering yourself. Here are some means with which you can become a better and stronger player.

Read poker strategy books
Hire a coach
Join a training site
Watch pros stream their online sessions online
Study your sessions after the game
Use training software
Find a backer who’ll also provide coaching on the side

Your success with online poker will very much depend on the stakes you’re playing and your ability to move upwards. You really need to understand the strategy and know about risk. You need to learn every aspect of the game. That means that you need to be an expert on the game of poker and all its variants. The idea here is not just to win. it’s to win in a consistent fashion. This is the only way that you’re going to grow your bankroll. And talking of bankroll, let’s have a quick look at the financial side of your betting dream to a million dollars.

Bankroll Management

It’s very important to minimize any short term risk. The best way to do this is to divide your bankroll into 100 units. Then only risk 1 or 2 units per hand/game/match. Then you should be looking at increasing your bet size. Remember that the larger the bet the more you’ll be capitalizing on the house edge. Here’s a list of the basics of bankroll management:

Decide how much money you can comfortably risk.
Break your bankroll down into units.
Set a stop-loss limit for each day.

become a millionaire
There are not too many ways to become a millionaire easily – Image source: Flickr

This last point is probably the most important of all the points mentioned. It’s important that you maintain a cool head. Don’t let your emotions start to come into play. They will only help you to lose more money than you planned to. we suggest that you keep your daily stop limits very low. For example, if you go to the casino with a bankroll of 150 units, then stop gambling once you’ve lost 5 units. Don’t stay and gamble the rest in the hope of winning back your losses. It just doesn’t work!

Conclusion: Don’t Count on Winning Big Any Time Soon

Keep in mind that many more gamblers lose than win. So to be able to win seven figures is really going against the grain. But it’s perfectly possible. Of course, the path you take on your journey towards $1 million is yours for the choosing. If you want to win big with pretty much zero effort, then you need to be heading off to the slots and lottery. There are no best jackpot strategies to be found here. But if you’re lucky, just a single bet could net you your life-altering prize.

But if you want to have a bit more control over your destiny then stay well clear of slots. Instead, go for the sportsbooks and poker tables. With the right strategy, you can consistently win over the long term. No one said that winning was easy, but if you don’t try and how will you know whether your lucky day has arrived.

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