Make Money from Gambling Without Gambling - 18 More Ways
31. Be a 3 card monte dealer. This is cheating people but on a small-time, street-level way. All you need is three bent up cards, a dirty towel and a group of people. I once watched one dealer work the crowd waiting for a bus at the Grand Avenue Metro Link station in St Louis. He didn't make much. The young people didn't even understand the game, and the older ones knew they couldn't win it. Be prepared to scoop up your money and run fast when somebody gets shooting/knifing mad at losing or you see a police car cruising your way. 32. Be a writer who uses casinos and gambling in your novels and films. Mario Puzo is one. Gambling movies have also made money for their producers, directors, actors, camera men etc. The movie THE HUSTLER is one great classic film about pool hustling. 33. Be a door to door or street vendor who sells lottery tickets. This option is not available to US residents, but people in other countries do it. 34. If you live in a country with an untaxed lottery (such as Canada, Australia etc), mail solicitations to US residents offering to buy lottery tickets in your country for them. This is now illegal in the US but someone in another country may still be doing it. I used to get such solicitations all the time. The big come on is that if you win the jackpot, these governments (being nicer than the US government) don't collect taxes. Another attraction to this offer is that such winnings are paid out in one lump sum. In the eighties this was not done by US state lotteries, though it is commonly available now. The big catch to doing this is that the US government is one of only two countries in the world that demands taxes from its citizens on ALL income no matter where they receive it. Therefore, although the prize-awarding government doesn't take out taxes, when the winner is a US citizen, the IRS still wants a piece of the action. You do have the option of living overseas to stay out of their clutches, if you don't mind not seeing your family and friends again. While I'm sure this is sufficient for US citizens to get away from paying taxes on relatively small foreign incomes, a lottery winner has a high profile. The IRS might come after you anyway. There is another catch to this. In every lotto drawing there are 0 to few jackpot winners but there are thousands of players who win smaller amounts, from free tickets to $150,000 (Big Game prize for getting 5 numbers but not the Big Game number). You're much more likely to win a small prize than the jackpot. What happens then? Will you drive from Tennessee to Canada to collect one free ticket worth 1? Will you fly to Melbourne for 10? I don't think so! The people who buy the tickets for you probably clean up simply on these small prizes. I know that one company that wrote me told me they'd send me all small money I earned, but how would I know if they didn't? In those pre-Internet days I had no way of checking on winning foreign lotto numbers. And if they decided not to send it to me, how could I force them to pay me? I couldn't. 36. Be a government that licenses only casinos you own. This option is also not available to governments within the US. It is the system in The Philippines (Casino Filipino is government owned and operated) and maybe other countries. 37. Sell your losing lottery tickets to a lotto winner. A co-worker once told me she knew a lotto jackpot winner who was taking his jackpot in the form of annual payments spread out over twenty years. This guy hung around 7-Elevens and other stores that sold lottery tickets. When people threw their losing lottery tickets on the ground, he picked them up. Why would he do this? In the US, gambling winnings are taxable, but only *net* winnings. That is, if you bet $1 once and win $10 you owe taxes on the $9 net. If you also bet a second time and lose $1, your net winnings are only $8 and so you pay taxes only on the $8. If you are a lotto winner who receives, for example, $100,000 a year, but you do no gambling that year, you must pay taxes on that entire $100,000. However, if you can prove that you lost $10,000 that year -- by buying losing lotto tickets you can display as "proof" of the $10,000 you lost, you pay taxes only on the $90,000 net. When he filed his taxes every year, he then submitted all these begrimed tickets as proof of money he had lost while gambling. These "losses" reduced the amount of his annual lotto payment that he had to pay taxes on. This too is illegal fraud. It is also stupid. When I win my lotto jackpot, I'll find better things to do with my time than pick up dirty pieces of paper worth about 30 cents each in tax reduction. 38. Sell gambling books on eBay. Sell ones you have decided are not worth keeping. Or buy cheap second hand ones in used bookstores, Goodwills or yard sales. Good poker books, especially by David Sklansky and Mason Malmuth, sell best, I found. Good blackjack books are in second place. Good general gambling books are third. I could not sell any of my books on baccarat or slots. 39. Teach gambling seminars and classes. 40. Operate a controlled access gambling forum on your website. 41. Work for the Griffin Security Agency. They keep tabs on known cheaters and blackjack card counters -- without distinguishing between dishonesty and using your brain. They make a lot of money from casinos around the world. 42. Join a lottery network marketing company. I heard of one starting for the German lottery, backed by a reputable company in that country. Build a big enough downline and you'll make a large income without ever winning a jackpot. And who knows? You might also win a jackpot. I'd fly to Bonn to claim a few million euros. 43. Be the president of a country that allows only government owned casinos to operate. The casinos allow only foreigners and affluent locals to gamble inside. Since 95% of the local population are poor not affluent, they are not allowed inside their own casinos. Since 95% of them like to gamble, they play cards among themselves or go to illegal gambling halls. As president, take bribes from the syndicates that operate these illegal gambling dens. However, don't let your bag man spill the beans. If your bag man does talk to the newspapers, have the support of your country's military. Because he did NOT have support from his generals, Former President Joseph Estrada of The Philippines is in jail on corruption charges. 44. Get paid to collect signatures on petitions to place gambling-related laws on election ballots. 45. Sell your losing race track tickets to winners at the track, so that when they file their taxes they'll have proof of higher than usual losses. This is a variation of 37. 46. Help gamblers with their taxes. 47. If you're an online casino, sell the right to opportunity seekers to use your servers and software infrastructure. For a monthly fee, the sucker . . . er, businessperson essentially gets a unique gateway into your site. They advertise for business, and keep a portion of the gambling profits. Since they're paying you a high monthly fee and for the banner ads that bring the gamblers to your site, you're almost guaranteed a high net profit. 48. Be a state running your own lottery. But don't expect much if you're a mere tax-paying citizen of a state with a lottery. When I moved to Missouri from Illinois in 1979, I was outraged to discover the state government of Missouri expected me to pay a "personal property" tax for the right to own my own car. When I complained, the woman behind the desk told me, "In Illinois you've got a state lottery to raise money. We don't have that here in Missouri." A few years later, Missouri voters approved the formation of a state lottery. And guess what? We still have to pay the state a personal property tax for the privilege of owning our own vehicles.
Other Online Casino Articles
Play Omaha Poker Online If you’ve become tired of the same old games of Texas Hold’em every where you turn, it might just be time for you to learn a new poker game. Playing the same style game every time you log on to the internet will eventually become dull and you may lose interest in playing poker altogether. Play Omaha poker online for a fun and exciting change fro ...How to Tell a Good Affiliate Marketing Resource When You See One Gambling institutions rely upon affiliates to help them traffic more customers and gamblers to their sites in order to encourage them to spend more money. In return, the gambling sites will give affiliates a nice commission in return for directing traffic to their sites. But there is often a need for affiliates to determine what would work as an ...Three Qualities To Look For In A Sports Betting Site Online Some sports fans know so much about their favorite sport that they become curious about whether or not they can turn their knowledge to their advantage and make a little money betting on the games. Since in the US betting is not illegal, but being a bookie is, many bettors turn to online bookies (also called “books” or “outs”). There are hundred ...Online Football Betting Secrets: Knowing When NOT To Bet Sports Betting on the NFL and college football is a national pastime. Every week millions of dollars are bet on the home town favorites with local bookies. People bet even more money with online sports book agencies. Even the major news services publish all the betting stats.If you're going to bet money on games, you might as well be as i ...Strange But True Online Poker Tales Worst Bet Ever: Here's a case in point for self-control at the online poker tables if ever we heard one. In December '05, one Carl Valentine agreed to what, on the surface, appeared a modest enough challenge, presented by a multi-millionaire buddy of his. The challenge was this: that by April 18, '06 he, Valentine, send 2 million unique v ...Football Betting Analysis: Colts over Broncos and Bears over 49ers Sports Betting on the NFL and college football is a national pastime. Every week millions of dollars are bet on the home town favorites with local bookies. People bet even more money with online sports book agencies. Even the major news services publish all the betting stats. If you're going to bet money on games, you might as well be as inf ...Earning a Living from Online Casinos There are many ways of earning money. Most people go to work doing a nine to five job and getting paid for it. The coming of the computer age has allowed some people to work from the homes which have also been productive. If work can be done at home, can the same thing happen for someone who wants to do it from joining online casinos?Gamb ...Casino Bonuses Explained There is a lot of competition in the online gambling market today. Each day, new casinos form, old ones regroup and change owners, and the supply is nearly endless.When a player is looking to choose in which casino to play, he (or she), has many different factors to consider:• Do I like the look of the casino? • Does it have th ...Play Better Poker Here is a poker strategy that many people fail to follow, but by adopting it you will help yourself become a better player and you will have an edge on the weaker players in your game.First, switch your thinking for a moment from cards to slot machines. As yourself this: What is the worst part of playing slot machines? It's when the first ...Why Many People Choose to Play Virtual Poker There are many appeals to the people who choose to play virtual poker. First of all, with poker online there are all the benefits of real poker. You get to play a challenging game full of strategies and luck for real money and this is a great appeal to a number of people. However, there are a large number of reasons that online poker is more ...Is There A "Best Time Of Day" To Bet Online? You may be one of those gamblers who like to sit down and doing a little online gambling after a hard day at work. You may be a gambler who works at night and gambles during the day. Or, you may be a professional gambler who could care less what time of day it is, as long as there is a game to be played. Experts have visited the thought that the ...Online Gambling Rules If you are considering online gambling, you will want to know the basic rules associated with online gambling casinos. The rules for gambling casinos are fairly simple and once you understand how online gambling works, you can begin to gamble right from the comfort of your own home! There are several common online gambling rules you will need ...Virtual Poker Site There are a few considerations you should keep in mind when signing up for a virtual poker site. When you’re not playing with real money, or real chips, it can be easier to bet the house. Remember, just because the game play is virtual, this doesn’t mean that your money is virtual. Be sure to pace yourself.Software designers try to mak ...Poker Games: Home Games vs. Casino Action People usually play poker at home or with friends for starters and the transition from their usual style they developed in these kinds of games and the style required if you play in a casino online or offline can be hard for some. The home games have always a simpler structure. Usually, all the players at the table ate a small amount. And then t ...How to Find a Good Online Casino There are so many online casinos out there today that the average player is often swamped by choice. It can be hard to determine which online casinos are best to play at and more importantly which ones won’t run off with your money the moment you deposit. In order to choose an online casino that is safe and right for you, we will look at a numbe ...Texas Holdem Tournament Strategy - Poker Tournament Betting Basics Welcome to the third in my Texas Holdem Strategy Series, focusing on no limit Texas Holdem poker tournament play and associated strategies. In this article, we’ll build upon the poker tournament strategy fundamentals from last time, with some important poker betting strategy basics.Winning at Texas Holdem poker doesn't have to be a gambl ...Finding Free Slot Games on the Internet Finding free slot games to play and enjoy on the Internet can be fun and occasionally rewarding. For the adult slot player who loves slots, we will cover current trends, opportunities and resources given by sites that allow free play. Plus an additional focus will be presented on how to win cash while playing at no cost to the player.A po ...Attraction of Online Gambling Sites People who enjoy playing games and risking a little money love online gambling. It is convenient and safer than gambling in a casino. There is also the opportunity to meet other people who also enjoy placing bets. Finding the right sites can be difficult since there are so many sites on the internet. Be careful about certain sites, some are not ...Win Roulette - 10 Essential Tips For Bigger Winnings! The 10 tips below are all you need to win at roulette and win big.Use them and you will have all the information you need to get the odds in your favour have some fun and win. Roulette is the perfect game for novices as well and fun for all.Here are the only 10 tips you need to win at roulette:1.Understand there is a house e ...The Reputation of Baccarat Playing at land based casinos is quite different from playing at online casinos or online poker rooms. Although the online gaming industry offers every casino game possible at an easy and colorful platform, the real thing is pretty hard to replace, even impossible.Some casino games can not reserve there original form at the online casino, ...Online Casino Gambling Nothing can be as enticing as gambling. The lure of easy money and an effortless way to riches and prosperity draws everyone to betting. The traditional casinos were limited only to a few elite classes. The geographical constraints and its unaffordability deprived many a hopeful gambler of the chance to gamble in the ambience of a real casino. ...Choosing A Beatable Blackjack Game You can beat online blackjack if you know where to play and have the discipline to walk away from the table when you are showing a profit. Unlike other games, with blackjack it isn’t a matter of “can you win”, but will you win and then walk away with your winnings?The best online games of blackjack are not necessarily found in the online ...The Poker Games If you have nothing to do and are in the mood for some card games then going online to play poker games may be the cure for your boredom. Whether you enjoy Hold’em poker or other types of poker like draw poker you will be able to find an enjoyable game online to play. You will have the opportunity to either play for money on sites that require p ...
| 