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July 27, 2018, 7:13 am

Tips for Playing Real Money Online Poker

by: The Financial Blogger    Category: Make Money Online

Source: Pixabay

Real money online poker can be tough, which is why most online poker players start on play money tables. This way, they can learn the basics without the risk of losing actual money. But, eventually, an online poker player would have to level up and try their hand at playing with real money. Here are some helpful tips for real money poker players so you can avoid committing the costly mistakes most new players make.

Establish Your Bankroll

The first thing every online poker player needs to learn is how to establish a bankroll. You will need to know how to manage your bankroll and the amount that you are playing with. For players who are just starting out, it is best to stick to tables and tournaments that have smaller blinds or sit-and-gos with low buy-ins.

Take Control of Your Spending

As a beginner, it is best to stick with just one table until you have gained enough experience and are sure that you have your game, and your bankroll, under control. Most online casinos offer several different payment methods to make it easier for players to create an account. If you take a look at the online casinos listed on Realmoney.ca, you will see that adding money into your account can be made very fast and convenient by using credit or debit cards, e-Wallets, eCheck, and traditional bank transfers; all you need to do is ensure that you play with what you can actually afford.

SourcePixabay

Know Your Opponents

There is no single strategy in real money poker, and you can expect your opponents to be using a lot more strategies and tactics compared to those in play money games. A few things to take note of, especially by those who are just starting out in real money poker: your opponents will be calling your bets a lot, so you need to bet with hands that have value, instead of making bluffs. If you do have good hands, do not hesitate to play them aggressively. It is also better for you to bet and get calls instead of trying to make sophisticated plays.

Find the Table That Suits You

There are a lot of table variations featured in online poker rooms and there are many ways to play poker, so you will need to find the table that best suits your playing style. Try more than one variation, as each one has its strengths and weaknesses and it will be beneficial for you to see which one you are most comfortable playing at the real money poker table. And, while online card rooms allow poker players to sit at more than one table at a time, a beginner would be better off focusing on one table at a time.

Playing real money poker can mean taking greater risks and taking note of these tips can be helpful in preparing you to become a smarter player. By learning the basics of the game, you can avoid making costly mistakes that most newbie online real money pokers make.

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July 9, 2018, 9:26 am

Has increased compliance damaged the growth of the UK online gambling industry?

by: The Financial Blogger    Category: Make Money Online

The UK Gambling Commission (UKGC), the organisation responsible for regulating the UK gambling industry, provides the latest gambling statistics and details on each individual sector in the overall gambling scene. The details and statistics are directly obtained from the license holders in the regulatory returns.

Generally, data from the UK gambling industry is released in the months of May and November every year, and the latest statistics show us that the industry is on the rise and steadily increasing revenue.

Tim Miller, the CEO of UKGC commented that the “latest statistics are proof that the gambling industry in the UK is continually generating exponential growth, even more so via the online sector”.  He also stated that the growth has a factor of massive responsibility attached to it and addressed the need for those operating in the gambling industry to protect their customers from the negative effects that come with gambling.

Mr. Miller also stated that as the regulating body of the UK gambling industry, their focus is on the protection of the consumers, therefore creating a safe, transparent, and stable gambling environment to ensure that customers are well-protected.

This is where online casinos such as MoneyReels.com as are a nice change of pace, offering safe and secure platforms for which customers of the gambling industry have peace of mind.

According to statistics from the period of April to March 2017, the UK gambling sector had a total Gross Gambling Yield (GGY) of £13.7 billion, which rose by 1.8% in comparison to the prior 12-month period, with the online sector of the industry rising 10.1%, with a total yield of £4.7 billion.

Another statistic found was that of the number of individuals employed in the industry, there was a 1% decline from March 2016, and the betting shops declined by 3.9%.

Also, land based bingo halls are also on the decline, having dropped 1.4% since September 2017.  Arcades, as well, have fallen approximately 5.1%.  However, gaming machines registered in the UK have increased exponentially.  The National Lottery has also been noted contributing £1.5 billion, which is a 16.9% decrease from the prior year.  This is contrary to the large society lotteries whose contributions and donations rose a massive 20.5%.

With all of the statistics floating around, it would seem that the industry as a whole is growing, but local implications are declining.  Online sectors of the industry seem to be where most of the market growth is stemming from, which may signify a change in the market, and even total reinvention of the gaming sector as a whole.

As far as the gambling industry goes, an emphasis has been put on protecting the customers and ensuring that they do not suffer too seriously from the negative effects that gambling can enact.  This limits the overall revenue that a gambling business can bring in.

Despite all things, the online betting companies are the stars of the industry.  With online casinos experiencing a spike in numbers and all physical betting services experiencing a declining, it’s safe to assume that people are spending more time gambling online, and less time on actual gaming machines.  Whether that simply stems from the convenience of online gaming versus having to get up and go out, or if it’s simply because individuals feel they have better chances on an online game, the statistics show that online gaming is where the future of gaming lies.

With the registrations amongst online sites climbing rapidly day by day, one could probably bet that a continued decline in the bingo premises, arcade halls, and the machine registration of physical gambling industry outlets will be steady, eventually leading to the culmination of online gambling being the leader in annual gambling industry yields.

This is all theory, however, based on statistic reports by the UK Gambling Commission.  Many sites, such as aforementioned Money Reels,  may, more than likely, see a massive spike in registering individuals who flock to online gaming as declines in physical gaming premises continue.  Whether this is an opportunity for would-be investors to climb aboard the UK gambling sector gravy train is yet to be seen, but odds are good that it is a gamble that would pay dividends, excuse the pun.

What this means for the industry, as a whole, is still a toss-up.  Either this spells massive revenue for the online sector of the industry and a monumental dip in the physical premises, or it’s just a alienation from the normal pace of things.  In the swing of things, most industries see hills and valleys similar to this and usually the scheme of business will return to normal, but, on occasion, things do shift and tides will change.  The question that begs to be asked at this point in time is, do we embrace the change, or do we fight it?  As most of us won’t have stakes in whichever route the tide flows, it may not even be a question that we ask ourselves.  But, those that have a stake in the UK gambling sector may begin to re-evaluate their positioning in the market and the preferred sector of the gambling industry that their stakes are resting on.

As a whole, the statistics are not as entirely conclusive as they initially appear to be.  There seems to be perpetual growth in the industry, no matter which sector is experiencing the spike in customers and revenue and regardless of the even tighter compliance restrictions.  With the minor dip in employees, bingo premises closing, and arcades, it’s probably a rather safe presumption to say that employment in the gambling industry may be a tad unstable for a short time.  However, even with that being said, it’s not far-fetched to assume that the physical sector will experience a spike, resulting in its ascension once again.

Keep a close eye on the overall statistics and observe any changes in the aforementioned data before drawing in concrete conclusions.  Things tend to develop and change rapidly in the world of business, and with our ever-changing society, it’s anybody’s guess as to which sector of the gambling industry will come out on top, land or online.

Image source unknown. Found through Pinterest.

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May 31, 2018, 7:59 am

Can You Really Make Money Online with Paid Surveys?

by: The Financial Blogger    Category: Make Money Online

There’s a world of opportunity out there when it comes to making money online. Unfortunately, that also means there’s a world of potential pitfalls. One of the most popular ways to earn extra cash from home is by taking paid surveys, and those can be a mixed bag for people looking to make some pocket money. Some are great and do exactly what they say. Others aren’t so wonderful,

So how do you sift through the scams to find those treasures – i.e. legitimate paid survey sites? We’ll give you some tips on spotting good reliable panels, and recommend one that we think is best.

Are There Any Truly Legitimate Paid Survey Sites? 

You can definitely make money online with certain paid survey sites. We recommend Survey Junkie, which has the highest score of any panel on Trust Pilot. Let’s take a look at what makes this site so trustworthy and reliable, so you can better understand how to tell the difference between a legitimate paid survey site and a scam.

First of all, Survey Junkie is 100% free to join. All you need to do to become a member of this panel is input your email address or connect via Facebook or Google. Not only is it free to sign up – you’ll actually earn some points for doing so.

Next, the site doesn’t include any hidden fees. Be wary of any panels that charge you in order to cash out your points when you hit the redemption threshold. Taking paid surveys should be about making money, not having them take your money!

Survey Junkie also sends rewards immediately when you redeem your points successfully, so you don’t have to sit around for weeks wondering whether or not you’re ever going to receive your money. And in case you have any trouble, they’ve got a great customer support team. That’s right – there are real humans working there who will answer any and all questions you have to help you have the best experience possible when you become a Survey Junkie member.

What Rewards Can I Get With Survey Junkie?

Survey Junkie definitely checks off all of the requirements of a legitimate paid survey site. So what else do we love about them?

They’ve got a verylow payout threshold, which means that you can cash out as soon as you get to 1,000 points (or $10). You’ll enjoy the option to receive real money through PayPal, which is a super popular option. Or you can choose from a variety of e-Gift cards to stores like Amazon, Target, Starbucks, Walmart, and more.

And believe it or not, the surveys are actually pretty fun on this site! Not only do they have a large inventory of surveys, they’re for the most part fairly interesting and a great way to influence the products and services that end up impacting our everyday lives. You can sign up for Survey Junkie here.

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March 31, 2017, 11:09 am

6 Ways for Students to Make Money Online

by: The Financial Blogger    Category: Alternative Income,Make Money Online

Whether you’re studying for an undergraduate degree or have returned to education to gain your online masters in public administration, there are many great ways to boost your income as a student and get yourself a little bit of extra cash to spend or save. With tuition fees at an all-time high, it’s no surprise that more students are looking for ways to improve their financial situation as they study. We’ve listed some of the best ways for students to make an extra income online.

Paid Surveys

If you don’t mind watching videos and answering questions about new products, marketing materials and more, then you could make some money from answering paid surveys online. Although you’ll never become a millionaire from taking online surveys, it can be a quick, easy and convenient way to earn an extra few dollars when your bank balance is low.

Blogging

If you enjoy writing and sharing your experiences with others, then you might want to consider becoming a student blogger. With a variety of different blogging platforms to choose from where you can get started for free, it’s never been easier to start making an extra income as a student. Bloggers can earn money from pay-per-click advertising, sell products at an e-commerce store, paid content, eBooks and more.

Sell Online

Whether you’ve upgraded to a new laptop for your online MPA program or have loads of old clothes that you no longer wear, selling your old things online can be a great way to make an extra income whilst at college. When it comes to selling online, there really is no limit to what you can make money from, whether it’s your old textbooks, gadgets, or kitchen utensils!

Offer an Online Service

Another great way to make an income online as a student is to offer an online service. For example, if you can create stunning websites you could set up your services as a graphics or web designer online to make an income. However, be aware that making money as a freelancer offering services online can often be very competitive.

Review Sites and Apps for Cash

If you are amongst the first of your friends to try out a new website or app, then you may be able to do it for cash. Platforms such as User Testing pay everyday people to test out and review all kinds of different websites, with each review taking around 20-30 minutes and earning the user $10.

Publish an eBook

Whether you have some great ideas for a self-help book for students or enjoy writing fiction, it’s never been easier to make money as an author today. As a student, you have the advantage of being good at researching and writing, so why not consider writing and selling your own eBook to make an income online? The best thing about eBooks as an income source is that you only need to write them once, but you’ll earn money from every sale.

Would you like to add to this list? We’d love to hear from you in the comments.

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March 27, 2017, 3:28 pm

Here’s How To Actually Succeed as a Part-Time Day Trader

by: The Financial Blogger    Category: Make Money Online,Trading

Day trading is gradually becoming one of the glamorous ways to rake in the big bucks on Wall Street without actually showing up at work with a suit, tie and briefcase. The media (online and offline) constantly treats us to stories of everyday people who are making millions of dollars on the stock market as day traders. Most people who take up day trading are actually not much different from Wall Street types. A simple Google image search for “Day Traders” will show you hundreds of pictures of folks looking intently at multiple trading screens.

However, the media paints a somewhat different image for the successful day trader. The media portrayal of the successful day trader often shows someone in an exotic island, someone lying on the warm sounds of a beach, or a someone is pajamas who makes million lying in bed or on a couch. Of course, you can succeed as a part-time day trader. In fact, part-time day trading lets you control offer you freedom. This piece seeks to disabuse your mind in providing you with actionable information that can help you succeed as a part-time day trader.

Set specific trading hours

To succeed as a part-time day trader, you’ll need to approach day trading as a part time job with specific working/trading plan. Of course, part time day trading should give you a chance to trade the market at your convenience; nonetheless, you’ll need to examine your schedule and carve out time that you’ll devote to the market.

If you are currently employed and you want to combine trading with your day job, you should set your trading hours apart from your regular working hours. In fact, you’ll most likely lose money if you think you can trade the markets during your commute to/from work because you’ll be making trading decisions without being in the trading ‘zone’.

Trade only assets you understand

The financial market is very huge and there are different kinds of assets available for trading and investments. You can trade CFDs, stock, options, forex, ETFs, commodities, and futures among others. Even in the specific asset classes, you can still streamline your trades to zero in on specific economies, industries, sectors, and companies.

However, the fact that Wall Street provides you with an opportunity to trade all sorts of assets doesn’t necessarily mean that you should become a jack of all trade trader. It would be in your best interest to limit your day trading activities to assets that you can actually understand. More so, you’ll need  a working knowledge of fundamental and technical analysis to succeed as a part-time day trader.

Take up day trading as a serious business

Lastly, you need to approach day trading as a serious business irrespective of whether you want to be a full time to part-time day trader. You’ll need to decide how much money you want to put into your day trader activities. It is better to start trading with a small capital and increase your trading capital as you hone your skills.

You’ll need to have a dedicated trading space – at least, you should invest a dedicated trading computer and high-speed internet connection. You should also take the time to plan each of your trades with definite entry strategies, exit strategies when the trade goes your way, and escape strategies when the trade goes against you.

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