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I do a lot more than just manage roulette teams. I run multiple businesses and, like many other people, have tried many different ways to make money. This page explains how roulette compares to other ways of earning a living.
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The Best Ways To Make Money
There are countless ways to make money, although clearly some principles are more effective than others. Here’s what works best:
Leveraging your existing wealth: The best way to make money is to have money, and use it for various investments. That’s why many wealthy people say “the first million is the hardest to make”.
Getting investors: The next best way is to use other people’s money to make large investments. This is exactly what banks and financial institutions do. But in most countries, dealing with funds from investors requires official paperwork such as a prospectus. And often you need to be registered with government organisations. Such organisations are supposed to exist to protect investors, although in my experience, they exist more to protect the interests of big business. This makes it very difficult for average people to combine funds for the purposes of accumulating wealth.
Combining funds with others: You could work with 10 family members, each contributing $100,000 each, and you could make a combined $1 million investment. Generally the more you invest, the greater your returns can be. Consider building a casino, which may cost several million dollars. But your investment may be returned several times each year. Try getting those returns with a bank term deposit.
Running a business:Oaklawn gaming hot springs arkansas. The most successful businesses offer genuine value to customers. If a business only focuses on making money, without consideration to how customers are helped, it won’t succeed in the long-term. If you create a business with the customer in mind, you will be much more successful. But remember the golden rule of marketing, which is people by what they want, not what they need. You can have a fantastic product that anybody can benefit from, but if no-one wants it, then nobody is going to buy it.
Getting a job: Getting a normal job may be the most secure and easiest way of making money. But I personally can’t imagine working eight hours a day for just $150 or so, then losing half of it to tax, to be insanity. Then you have to do it 5 times per week. And don’t forget the peak hour traffic driving to and from work. It sounds more like slavery than living.
Professional gambling systems: You are probably expecting me to say that roulette systems are the best way to make money ever. But it’s not the case. Roulette can be an extremely tough game to beat, or it can be remarkably easy. It ultimately depends on the wheel you are playing against, and the conditions in the casino. Further detail is explained below.
How Roulette Strategies Compare To Other Ways of Earning a Living
Beating roulette in a home environment is very easy. Even the most random and modern roulette wheels can be beaten. In fact I’ve never seen any wheel produce truly random and unpredictable spins. But the real casino environment is different. The two main differences are that in the casino are: In real casinos, the wheel spins less frequently. And in real casinos, you must deliberately limit winnings to avoid detection.
For example, the average wheel spins once every two minutes. But in some casinos, it can be once every five minutes. This is particularly painful for a professional roulette player, especially when they need 60 or so spins to analyse the wheel. It may not seem like much, but 60×5 is 300 minutes (5 hours). That’s a lot of boring hours at the table.
However, if the wheel produces a reasonable edge, the player can earn $5000 or more in the hours after wheel assessment. And they can do this without attracting too much attention from casino staff. Of course a player could earn more with larger bets, but it is important for the player to avoid detection. With a standard 9-to-5 job, it may take many weeks to save $5000. This is because you not only need to earn the money, you also need to cover your living expenses, and pay tax on earnings. So saving the money is not so easy.
Clearly in this case, being a professional roulette player appears better. But the downside is if you make mistakes playing roulette, you can actually lose money. However, a professional player sees it differently. They understand that if they properly research a wheel, they will have an accurate idea of whether or not the wheel is profitable before making significantly large bets. Correct application of any roulette strategy does not guarantee profit. A winning roulette strategy is like any investment, where there is calculated risk. Any investment you ever make is always calculated risk, and never guaranteed returns.
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Looking at it this way, you understand that every spin you play, and every wager you make, has its own risk versus reward. Or more specifically, risk versus return. Even the casinos themselves see it this way. They understand that any player can win large sums of money if they are lucky. But because of the house edge, the casino has an inbuilt advantage that virtually guarantees they will profit. Having a genuine winning roulette system is no different. The player has a long term advantage over the casino. And while it doesn’t guarantee profit, it strongly tips the odds in the players favour.
The single biggest problem any professional player faces is avoiding detection. Because if you are detected, the casino will do whatever they must to prevent you winning. This will typically be something like moving or recalibrating the wheel, which will change the patterns. Some casinos, although very few, recalibrate their wheels on a daily basis. This means that patterns often change, and any old data collected by professional players becomes obsolete. This is not always the case though. Because if the wheel is recalibrated with precision each time, then the patterns won’t change. It’s only really a problem if the casino doesn’t precisely recalibrate the wheel, which unfortunately is the case. But the good side of this is it then means a very difficult wheel can suddenly become very profitable, and you can often exploit it and profit before the casino even realizes.
In casinos that do recalibrate their wheels daily, players will have no problems achieving success if their strategy involves quick analysis and play, before the wheel is modified or recalibrated. A roulette wheel bias player, who may require thousands of spins for analysis, is not likely to be successful. But a user of the JAA system, visual ballistics, dealer signature roulette computers, or any other method that allows rapid analysis of wheels, is likely to be unaffected by a casino’s frequent adjustment of wheels. At most, it can be an inconvenience to professional players, because they need to repeat the initial data collection process. Still the time you spend doing this is more profitable than the average 9-to-5 job.
Conclusion
If you are already wealthy, you can make a lot of money very quickly in VIP rooms by playing roulette. You can easily apply the hit-and-run approach, where you make large bets based on roulette computer predictions. Your winnings will be relatively quick and easy, and appear more like luck. But if you are already wealthy, then you may find it easier to make money by making strategic investments. I suggest real estate, but not necessarily in the jurisdiction where you live. For example in Australia, where I live, the government imposes very large taxes called “stamp duty” whenever you purchase a property. This greatly reduces your profits in the short term, so you cannot rapidly buy and sell properties like stocks.
If you are like most people, and have a modest betting bankroll between $500-$1000, then roulette may still be one of the best investment opportunities for you. I know players that made over $1 million starting from just $2000. When you have an advantage over the casino, profits accumulate very quickly.
But don’t expect every wheel or casino to be remarkably easy to beat. If you attempt play on a difficult wheel, you will only end up losing money, and a lot of time. If you find easily beaten wheels, then you can earn large sums with very little investment. Again it all comes down to where you play.
On the average wheel, and in the average casino conditions, I wouldn’t say roulette is the easiest way to make money. It is actually quite tedious and boring. And many times you can become frustrated with the lack of success. This is all part of the game as a professional player. But when you do find the right wheel and conditions, the results are very rewarding. Even with a modest bankroll of $500, you can profit tens of thousands of dollars in a matter of weeks, without the casino having any idea. And again although you could earn much more, the main limitation is what you can win without being detected. For the average casino, taking less than $5000 in a 24 hour period is unlikely to draw much attention.
So roulette can be very profitable even for small-time players. But is it suitable to earn a living? Well if you are supporting a family, you won’t have a regular and dependable wage. A family needs security. But with roulette, there may be times where the casino’s wheels are all too difficult to beat. And this period may last many weeks, until something changes and the wheels are easily beaten again. So it is not something you can realistically depend on for a regular income. Don’t get me wrong. There are many players who play roulette for a living, although most of them are single without families. But even their income is irregular. For example, they may play two times in a month and profit $30,000. Then they may not play at all for the next 3 months, because perhaps their local casino’s wheels have been calibrated. And the patterns may not become predictable again for some time. So it’s a bit like rain. Sometimes there’s heavy rain, and sometimes there’s a drought. At least that’s how it is if you have very few wheels to choose from. But if you live in an area with plenty of wheels and casinos to move between, you are much more likely to achieve a regular and dependable income.
MMA has been one of the fastest growing/most popular sports in the world for some time and (while the sport is cyclical at times) the overall “staying power” of the sport is far from diminishing. With that in mind, fans who want to be more want to become bettors – and bettors want to cash in.
However, if you are new to the wide world of gambling, you may be asking? What types of wages do I look for in MMA and, more importantly, how do I avoid losing money? Fear not, friend! We have the answers you seek. Just have a look at the list below!
Bet on the Money Line or Bout
This is probably the best place to begin and easiest bet to make because what makes these bets easy for the new bettor is the little amount of work that goes into making a bet on a full fight. You just have to pick who is going to win a given contest outright.
However, it would be beneficial to those new bettors out there that are specifically betting on UFC fights to look at the fighters records on Sherdog.com or the UFC-partnered FightMetric, LLC to see how many strikes a given fighter throws or what their submission game is like. These bets are also simple because they tend to favor fighters on winning streaks (obviously.)
When “Rowdy” Ronda Rousey was in her prime, she was 12-0 with almost every finish coming by way of submission due to her trademark armbar and a significant portion of those victories came in the opening five minutes. This led to her having a career fight time of just over 27 minutes prior to her first loss at UFC 193, a career fight time that was just over the length of one full title fight (5 rounds, 25 minutes total.)
This made her a safe bet for much of her career.
Place an Over/Under Bet
In combat sports, over/under betting refers to the length of time that a particular fight will go, specifically the number of rounds (up to five in a UFC title fight or main event, see above. This bet is also good for newbie bettors because the end result doesn’t matter, your only concern is did your fighter beat the clock?
Examples of a fight that might be safe to place an over/under bet on would be a Demetrious “Mighty Mouse” Johnson or Joanna Jedrzejczyk title fight. The two have more tactical styles than other fighters (Johnson has 11 wins by way of decision with his Polish counterpart having nine. Specifically, her last four consecutive bouts have gone the distance.)
It’s not that they prefer to be more evasive (it might look that way,) it’s just that the name of the game in any sector of combat sports is to hit and not get hit and the two use their speed to their advantage, letting the damage build up over time.
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Jedrzejczyk is a stand-up fighter who lands 6.87 significant (fight-altering) strikes per minute with an accuracy rate of 50 percent. She absorbs just 2.43 significant strikes per minute, defending against them 68 percent of the time.
Johnson, also more of a striker than anything else, connects with 3.49 significant strikes in 60 seconds with 53 percent accuracy while only taking 1.71 returning shots in the same amount of time and defending against strikes 67 percent of the time. Although this approach is considered boring by some fans, it makes for another safe bet on your part.
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Make a “Method of Victory” Bet
This is again a case of simply examining tendencies. Rousey would be an obvious pick for a submission win just as Cristiane “Cyborg” Justino (17-1-0, 1 No Contest overall in MMA, 2-0 in the UFC) is always the favorite to score a knockout victory as 15 of her fights have ended in such a fashion.
Although, it also helps to know that you will see more UFC fights end by way of a decision than in any other noteworthy promotion in the sport and you can have a better guess during which fights that might occur courtesy of this breakdown by weight class.
Per BetMMA.tips at the time of this writing (June 28,) you are most likely to see fights go to the judges in the 115-pound to 155-pound weight classes (women’s strawweight to the male-only lightweight.)
Tip: How to Spot an Upset
Never forget to expect the unexpected. Holly “The Preacher’s Daughter” Holm KO/TKO win over Rousey at UFC 193 didn’t come simply because Holm landed a head kick at the right time. She won because everyone knew Rousey’s one-dimensional game-plan ahead of the fight: get in close, strike if necessary, force a clinch, use the clinch to set up a judo throw, use the throw to lead to the armbar submission win.
Holm then lost to Miesha “Cupcake” Tate (a wrestler) in her first defense of the UFC women’s bantamweight (135-pound) championship because she still has no real ground game. Conor McGregor is coached by a Brazilian Jiu-Jitsu world champion in Dillon Danis, yet each of his three career defeats (one in the UFC) are through submissions. This is MIXED martial arts, never forget that just because one method seems like a sure thing, especially if you are betting on a style vs. style bout.
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Bet on Proposition Lines
For some, prop lines can be pure fun to bet on because there are so many things that can be bet on in this particular area of gambling as a whole. You can bet on if the fight will win the UFC-specific KO, Submission, or Fight of the Night awards and come out the winner of that fight regardless of who the actual winner is.
Sometimes a bet doesn’t even have to revolve around the fight itself (such as a bet on whether or not Johny “Bigg Rigg” Hendricks will miss weight he has missed weight three times now, including his most recent at UFC Fight Night 112.) Additionally, you can have multiple prop bets on one fight.
For new bettors, the best approach may be to take bets that are more of a sure thing and let those profits build up over time, because you will lose. That is bound to happen and underdog bets are supposed to be more tantalizing so that you place big money on them and then the house (a sportsbook, Vegas, etc…) wins big. The exception to the rule would be UFC 193 for those that noticed the trend and bet on Holm.
In short, just be responsible with your money. Do yourself that favor by doing your research. Hopefully, the above post helps out!
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