Making money online on casino gaming comes down to game selection and having clear expectations of what you’re doing. The opportunities are huge, and there are millions and millions to be made if you look in the right spots.
The best way for us to approach answering this question is to answer it individually for each different type of online gambling/betting that exists. Specifically today we’re going to look at sports betting online, casino/table games online, and skill-based online games. There are a few other obscure forms of gambling online that do exist, but these main categories should encompass almost all of the major types that are out there.
As a spoiler, I can tell you that it is possible to make money at each of these, though, some will depend solely on your luck while the others are sustainable based on your skill and abilities. The difference is going to come down to whether the game is a luck-based or skill-based game.
The bad news is that online casino games and slots are games of luck that the house will always have a long-term edge-on. The good news is that regardless of this, you can still make a lot of money at them!
Addressing the bad news first, you need to realize that there is no system out there to “beat” online casino games to make a living playing them. You will never be able to be a professional slots player or a professional roulette player or anything like that. Ultimately, the casino edge and statistics are going to prevail, and the casino is going to win. Understanding this is imperative to have a great time playing these games online.
Regarding the good news, though, this does not mean you can’t make money playing online casino games and slots. First, the casino edge is only for the long term. The long term usually means hundreds of thousands and millions of spins of a slot or roulette wheel or hundreds of thousands of tosses of the craps dice etc. You may play the games and never ever experience the long-term statistics correcting themselves. The casino edge on most games is only a couple of percentage points meaning you can totally have major winning sessions and runs.
Part of the way that this variance spreads itself out is through jackpots. Not all players are going to win jackpots but if you do win one you can bet that you’re going to be a lifetime profitable gambler (depending on the size of the jackpot of course). Jackpots still fall in line when it comes to statistics and house edge, but that doesn’t mean you can’t be one of the players to fall outside of the statistical norm and strike it rich!