Friday, March 03, 2006
Make Money...Playing Online Games
There's no doubt the poker craze has peaked, yet in the murky world of online gambling at least in the US, there's money to be had. The online gaming industry is huge, with some private companies valuations in the billions, in fact, try 4 billion! That's a pretty penny and just one company...imagine an industry valuation. Since the topic is "online games," there's also selling of accounts like EverQuest and World of Warcraft, but that's another post, part 2, in the future... The US has been somewhat cold to the idea, but the UK has no problem with it, allowing their citizens to play tax free! In fact, if you're talking about making money, these sites are it..."Deposit $100, and we'll give you $100 free!" How many investments can give you that kind of RoI in a matter of minutes...okay you have to win though! :) And read the fine print! Some require so many hands to be played before you can "cash out." There are tons of games out there beyond just regular Texas Hold-em, such as Omaha, Omaha hi-lo, 7-card stud, 7-card stud hi-lo, and 5-card stud, each with their unique strategies. In my college days, I used to play these games quite a bit, usually just to make the bonuses offered and maybe win a couple hands. I have made a pretty penny playing online including freebies like poker chips, card shufflers, poker tables, KEM cards, and other stuff. The lure of playing too much is quite dangerous, and I have to warn anyone interested that you must have a high level of self-control, or don't get involved! So you want to try it? Well, I would recommend starting off at Poker Source Online (PSO). At this site, you can earn additional freebies on top of normal bonuses given by online gaming sites. Visit the forums and read the reviews about poker sites. PSO does offer a referral program, if you're interested, shoot me an email, and I'll send you a special link. Here are some sites that I would recommend, each has a review at PSO: bodog.com PartyPoker.com Royal Vegas The Gaming Club Absolute Poker How does it work: 1. Sign up, check out Poker Source Online first, tons of "bonus" offers to be had there. 2. Download their software. 3. If you choose to play "real money" games, then you will need to transfer money to your gaming account. This is the trickiest part. Each gaming site has their own rules, but many require a copy of your ID to open an account. You often get benefits for having a money transfer account similar to paypal to use as well. During the deposit, you'll be shown many of these options, one being Neteller. 3. Play away! How to make money: 1. Freerolls! These are tourneys that you can play for free. Some require that you play a certain amount of regular hands, others are just a free-for-all register-as-soon-as-you-can tourney. 2. Play table limits you are comfortable with! I've seen many people lose hundreds in a few minutes, and I want to warn you that playing online is as real as playing on the Las Vegas Strip. 3. Limit your time on any given table to 10 or 15 minutes. If hands are not going your way, leave the table and watch TV for awhile. 4. Read, read, read! Strategy guides abound on the Internet. Don't be a "fish" and give your money away. 5. Many sites offer play for fun, non-real money tables...play them. Although, the strategy is quite different with real money, at least you'll get a taste. 6. Above all have fun!