Is Trading In Binary Options Mere Gambling?

Trading in binary options means trading opportunities for traders who want to invest their money in this genre of online business. Here people have to choose one of the two choices. They may trade if they are confident enough of earning from these platforms.

A trader wins the deal if his predicted value ends in-the-money when the time expires, while he loses money if his choice ends out-of-the-money when the time expires. So, traders have to be pretty careful and must not invest their money if they do not have experience in this field.

Some people call binary options trading a sort of gambling or betting. Although it is true to some extent, yet there are many other factors that influence the outcome of trading at these platforms. In gambling, betting, playing for lottery or jackpot or going for many other such things, people have to rely on their luck as they can not do anything in this context. Talking about the binary options related trading; people have to use their commonsense, knowledge of trading at stock exchanges, brokerage houses, currency markets, commodity markets, and so on. A person who has more knowledge of these things will have more chances to win.

Traders have to read different appraisal reports about the commodity, currency pair or the stock index where they have decided to trade. This way, they will stay with more chances of winning here. Moreover, the people who keep a close look at the market and are not guided by whim or greed have more chances of earning from here and this does not happen in gambling.

Gambling means that a person pays a specific amount of money and then waits for the given time so that to see whether he is lucky enough to win it. It is a platform where almost all the people already know that they may lose. They do not require any skill or use of mind in buying a ticket for jackpot or when they pay for games like poker. But the professionals who invest in binary options have more chances to win here if they have sound knowledge of these options.

Binary options trading platforms have devised such ways that are fruitful for their clients. They offer free trading money in the beginning to their clients so that to build their confidence. The gambling websites and companies do not provide this sort of facilities to their clients. Moreover, many digital options providing websites return a portion of traders’ money even if they lose.

Posted in Uncategorized | Comments Off

Can You Really Win Money With Online Gambling?

“Can you really win money with online gambling?” This is one of the most basic questions that I see on a regular basis at my own website. The internet has a long history of scams, half-truths and deceptive advertising, so it’s no surprise that people are a little skeptical of the whole idea of winning real money at a virtual casino.

Well, the good news is that you can win money at online casinos. In fact, people do it every day. I keep in contact with real gamblers on a day-to-day basis and they do win money. Sometimes, they win lots of money. Every once in a while, I even read legitimate news stories about people who have won jackpots worth more than a million dollars.

And best of all, these people do get paid. Even though you can play from the comfort of home, real money gambling means you get paid if you win. Online casinos pay via numerous methods that range from paper checks in the mail to wire transfers straight to your bank account.

What You Need to Know

That’s the good news. The bad news is that there are no guarantees. Just like gambling in Vegas, you never know how your luck will go at an online casino. The odds of the games are completely random and there’s just never any way to know whether or not you will actually win money.

Even worse is the fact that the odds always work against the player. I wish I could tell you that the odds worked in your favor, but that’s not how it works. All those pretty casinos in Vegas and advanced gambling sites on the internet were not built by giving out free money.

Most people lose money over the long term. However, that doesn’t stop millions of people from trying their luck every day. Anything can happen in the short term. And if you’re really lucky, you might just win the jackpot of a lifetime.

On a more positive note, the odds aren’t heavily stacked against you at most casino games. Casino games are designed to give the house a small edge. This means you won’t instantly lose everything all at once. You might even finish the night a big winner.

One of the nice things about playing at online casinos is that they can afford to give you better odds than brick and mortar casinos. Gambling websites don’t have to pay for expensive buildings, upkeep or dealers. Thus, they can afford to give you generous odds on most games. This only applies, of course, if you play at reputable casinos.

Finding the Best Casinos

Now, this is all assuming that you are playing at legitimate online casinos. If you play at sketchy gambling sites, the odds of winning money drop precipitously. There are hundreds of gaming sites out there and they all aren’t created equally. For that reason, you must make sure that you always play at the best online casinos.

There are numerous ways to find quality places to play online. One sure-fire method is to visit discussion forums and ask other gamblers what they think are the best casino sites. These people will generally give you good advice because they don’t advertise for gambling sites. They’ll just tell you how it is.

Another option is to search Google for casino reviews. Most websites provide honest reviews, but webmasters do earn money by recommending casinos. So, you have to treat their reviews with a grain of salt. Your best bet is to check a few different websites and see what they have to say. Just run a Google search for “online casino reviews” and you’ll get dozens of results.

Posted in Uncategorized | Comments Off

Winning at Gambling – 9 Rules For Gambling Success

Gambling is a massive industry and even in times of a worldwide economic recession, bookmakers continue to prosper. The reason for this is because the majority of gamblers do not follow simple rules, lack discipline and are unable to control their emotions. Its not easy but by following some simple guidelines you can turn yourself from a loser funding the bookmakers into a successful gambler.

1 – Create a sensibly funded separate betting bank

Gambling is a pastime which, if not treated seriously can lead to massive debts and losses. So the first rule is to ensure you bet with what you can afford. If you initially set aside an amount, which if lost is not going to cause any major concern, you are immediately removing the stress. You can treat this bank in the same manner you would money you had set aside for social activities or personal treats – there is one key difference though, you may well see a return!

Also as part of this step break your bank into betting points. As an example if you had a bank of 500 you could create 500 points and state 1 point will be placed on bronze confidence bets, 3 on silver and 5 on gold. Alternatively you may prefer a percentage of the bank. Both ways are fine, once you have a clear, sensible and controlled banking structure which will only run out if you fail over a long period of time.

Finally as part of this step you must know realistically what you define as successful. If you have a betting bank of 500, it is not going to grow into a million overnight. Realism and sensible goals are vital.

2 – Keep records

If you are going to take gambling seriously, you must act in an efficient and controlled manner. The first key element in doing so is to ensure you keep full records of every single bet you place. A simple spreadsheet will do the job perfectly. Excel is of course ideal for this type of activity and offers massive ways of breaking down your data for you to see where you are going right or wrong. You can create headings and columns as you see fit but its recommended you have at least the following -

Date – the date of the bet being placed
Selection – what you are betting on
Amount – how much you are betting
Odds – the odds you have been given
Categorisation – the type of bet, for example a system name or a categorised description
Profit/Loss – your overall return
Comments – notes for future analysis

3 – Study

Unless you are lucky enough to be friends with someone on the inside then relying on other peoples word or a so called tip is basically just guessing. The rule of study means every time you go to type in a bet to your spreadsheet you have justification and a sure sense of why the bet is being placed. If you are unable to study the statistics/conditions and categorically know you are placing a bet for the right reasons, you should not be betting in the first place.

It is not acceptable and will lead to failure if your bets are not being based on thorough study of the betting event you are investigating. The rule of study is absolutely and categorically vital – it means sourcing appropriate materials, ensuring you understand the results and allowing enough time to really get to grips with your findings. To summarise, without studying you are guessing and will lose in the long-term.

4 – Know your odds and get the value

No matter what gambling selection you make, there must be a price associated with it you consider to be worthwhile. This is no different to going shopping – you know what you want to buy and what its worth, if the item is not as good value as you believe it should be, you wont buy it. The same rule applies here, if you are not able to get the odds you have set out for, then you do not back it. Ever!

Deciding on what the correct odds should be is of course an art in itself but something you must master in order to be successful at gambling. To summarise the rule – if you do not know if the odds are good or not how can you possibly add it to your betting spreadsheet with confidence?

5 – Hunt for the best odds

Call it penny-pinching if you wish, but the difference between 1/2 and 4/9 is massive in the context of a successful gambler. There are now plenty of resources to compare all prices available and the laziness of just backing with the same firm or your local betting shop for ease will not do if you wish to succeed at gambling. Now that you have identified a bet to place and seen you like the odds available, you must see the benefits of taking this extra time to get the best price available.

Check betting exchanges, online bookmakers and as many places you can possibly think of. There is no harm opening up several bookmakers accounts if needs be, plenty of them will give you free bets as an incentive and in the process create an extra way of funding your betting account!

6 – Trust your study

It is human nature to doubt ourselves, but if you have successfully followed rule 3 (study) then you should be extremely confident your betting selection is sound and justified. There are so many seeds of doubt happy to creep into your thoughts – providing you have studied correctly then ignore them. Just because your newspaper tipster discounts the selections chances or the odds are far higher than you expected does not mean your study was wrong. In fact it is at times like these when you will prosper most. As everyone else follows the crowd you will know, win or lose, your strategy is superior and in the long-term you will succeed at gambling whereas the majority of others will fail.

7 – Keep your discipline

Without this rule you are back to square one and will lose. Therefore keeping your discipline means accepting all of the following points and never changing your strategy.

You will have losing days, runs and weeks
Luck evens itself out
You never gamble just for fun, based on a hunch or without study/justification/reasoning
Many occasions your rules will stop you from betting even when you strongly fancy something

8 – Learn from your mistakes

The massive benefits of your Excel record of all bets placed is the manipulation you now have over your gambling spreadsheet. Not every strategy you follow will be successful, none will last forever and some will just not be worth the time involved. Get rid of them, learn where you went wrong and do not do it again. Never be too proud or stubborn to accept you have gone wrong somewhere along the line. If you are you will lose.

9 – Keep your mouth shut

Let me make one thing clear first, this rule only applies to followers of all the other rules. If you are gambling like a madman and losing money you can not afford to then i suggest the opposite, shout it as loud as you can and seek immediate help. Gamblers anonymous is surely a good place to start.

For rule followers – nobody likes a bighead is the first thing to say, however more importantly if you are in any way successful others are going to follow what you say. By shouting out from the rooftops what you are gambling on, others are going to follow suit and this will lead to reduced prices. Additionally complications can arise from waffling on about your betting portfolio, basically most people do not understand gambling can be the work of an intelligent, studied and controlled process.

If your successfully gambling and moving in the right direction be content to yourself at how things are working out. Your ego should not need further boosting.

Summary

It is difficult to be successful at gambling but it can be done by following a controlled and structured strategy. With the internet at our fingertips there are so many fantastic resources available to assist us in our studies and providing you follow a basic set of rules and guidelines there is absolutely no reason why can not be successful with your gambling.

Posted in Uncategorized | Comments Off

Gambling Industry Expanding And Players Who Use Gambling Strategies

What does the word “Gamble” mean to you?

For the average player the word “gambling” means much more than a risky bet. It can stand for just about anything from vacationing, Las Vegas, and even fun. Devised earlier than 3000 years ago, gambling was well documented to have existed in many civilizations. The games we know today are the incarnations of former ones, with adjusted rules. For the length of time gambling was invented, players have always seemed obsessed with trying to use various gambling strategies for games. However, Casinos have always had the mathematical advantage along with an adamant need for stopping the smart player. It has forever become a vicious cycle of exploitive players vs. casinos catching up.

Today, gambling doesn’t even need to be played at Las Vegas or any other casino chains.

Now for those of you who live under rocks or live in a time warp may say, “Wait….outside of Casinos?”

Well you see…

1. In-flight Gambling: Eflyte has been developing in-flight gaming and continues to spread its influence on many airlines. Currently they have the world’s first Multiplayer Poker Tournament along with over 60 games for airplanes. Ceo of Ryanair will also attempt use in-flight gaming by next year. Now casino gambling may be common on cruises, but it’s a breakthrough for airlines.

2. Mobile phones can also be used to buy lotteries and sports betting nowadays. If certain restrictions are lifted, it could even mean much more growth in its use.

3. Internet Casinos are also another medium in which gambling doesn’t seem to stop growing; despite being forced to open offshore from the US. This isn’t necessarily bad of course.

The gambling industry is on a growing trend and it doesn’t seem to stop anywhere in sight. Of course, this naturally means that more and more people will be hooked and continue losing to the casinos.

Even the strategic players are screwed over at times with certain technologies being developed. Some casinos even started to implement tracking devices in chips to catch card counters. Those days of Ken Uston and counting machines are getting harder to come by since casinos already know about the gambling strategies used. New mediums such as electronic gambling can stop card counting dead in it’s track.

Winning through strategy can still be done, just as internet marketing can still make some rich. Yet being particular savvy to news and gambling strategy alike can immensely help the professional gambler. That is, unless gambling is only treated as a simple recreation. Otherwise, the best a player can do is to read up on forums and reference news sources for any changes in their gambling strategy.

Posted in Uncategorized | Comments Off

Tips on How to Avoid Disappointments in Online Gambling

Gambling is a big part of human civilization. Up to now, the basic principles of betting has not changed significantly. A player will essentially wager money or anything of value on something that he thinks will be the outcome of a particular match or event. The person wins if the results that he has betted on indeed come into fruition. The winning gambler earns more money and can even double the original amount that he wagered. But because of the risky nature of gambling, countless players have experienced disappointments and many have even ruined their lives by betting more than what they own. Here are some tips on how you can avoid the bitter pill of gambling.

First off, always remember that gambling means taking risks for one to gain something of value. If you really want to end up as the ultimate winner in your gaming hobby, you need to minimize your exposure to risks. That is, you should not wager money that is more than the amount that you need to get by. Also, never make bets that are not backed by some form of intelligent research. Tips from your barber or the taxi driver may sound interesting, but without concrete statistics, such tips can turn into huge losses and disappointment.

Second, never assume that you will win in gambling. Sure, you would need a lot of positive thinking, but expecting that you will win big money can result in a huge letdown in case the result of the wager is not in your favor. As the saying goes, do not count your chicks before they are hatched. This adage would seem very much true when taken in the context of gambling. If you always expect to win or recover your previous losses, there is a big chance that you will gamble senselessly and put your money on the table without limits.

Finally, always think of gambling as a way to have fun. Do not make a living out of it. Otherwise, you will not be able to tell when to keep your hands in your pocket and to stop risking your money. If you consider your betting as your main source of income, you will always be pressured to win back whatever amount of money you have lost on wagering. Before you know it, you will be among those who have become so desperate to win such that they would even risk their life’s savings or their real properties.

Posted in Uncategorized | Comments Off