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The bottom line is that casinos, poker rooms, and sportsbooks are all designed to make a long-term profit. If you play games of chance long enough that offer a negative edge you’ll lose money eventually. Some players are able to win in the long term playing poker or betting on sports but most players don’t.
A few players are able to beat the casinos but it’s rare. These players play in live casinos. I’m not aware of any players who beat the online casinos in the long run and you can’t count on doing so, even with the use of bonuses.
Nothing you learn on this site can guarantee that you’ll win money in the short or long run. You can’t count on anything even offering you a real chance to win. The safest path is assuming you’ll lose any money you decide to gamble with online or in a live gambling facility.
The only guarantee that can be offered is if you don’t gamble you won’t lose any money gambling. If you prescribe to the idea that a penny saved is a penny earned you probably don’t want to start gambling because it’s almost the opposite.
You need to check your local laws to see if you can legally gamble online. Don’t make the mistake of believing everything you read in the news or online. The best option is to check with a lawyer before playing.
Here’s an example:
Many people believe that online gambling in the United States is illegal. The press is guilty of spreading this lie repeatedly.
The truth is only a few places in the US currently have specific laws outlawing online gambling. A few places have specific laws that legalize it, but most of the country doesn’t have specific laws either way. Of course, you can’t use any of this as legal advice.
The only way to know for sure is to research the laws yourself or talk to a lawyer who understands the laws. Sadly, most local attorneys don’t know all of the laws about gambling.
Most players simply play if they can without worrying about the laws. This isn’t a good plan, but I know players who do it. I also know players who play if they know other players who play. This also isn’t a good plan.
The only bit of good news is that governments historically tend to go after the owners of the sites instead of the players, but counting on this isn’t a good idea either. Even if the government ignores you as a player and you have money in a site that they shut down you can lose your money or have it tied up for a long time, possibly years.
When the US government forced Neteller to stop offering their services to the US public, many players had funds tied up for months. As far as I know, all the players eventually got paid, but it can suck when you go from being able to access your funds in a couple of days to months. I know because I was one of the players who had funds tied up in Neteller at the time.
If you decide to gamble online I suggest limiting your exposure. You can do this in a number of ways, but the best way to do so is to open a separate bank account that you only use for gambling, set up an e-wallet account of some kind if you’re able to, and only play at the highest rated online gambling establishments.
Only put a small amount of money at risk and make sure you never gamble with money that you need for anything else. If you want to gamble with recreational funds instead of going out to the movies or out to eat that’s fine, but if you ever find that you have the urge to gamble with money you can’t afford to lose you must seek help immediately. That help can’t be found on this site.
Gambling can be addictive. Addictive gambling can lead to financial ruin and other behavior that is detrimental to your health and life. I don’t understand the science behind it, but you can seek the advice of a professional to learn more.
If you need help a great place to start is the Gamblers Anonymous site.
The phone number listed on the website is 626-960-3500 and the email is isomain@gamblersanonymous.org
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