Build Your own Online Gaming Business

Gambling Math and Casino Tips - How Numbers Impact Casino GamesWe know and believe that online gambling is one of the world’s fastest growing industries. Thanks to the world wide spread of the Internet and online gambling’s developing population. And because of its increasing gamers slot online, it is but natural and logical that service providers would also increase. There are so many gamers out there that the entire industry is worth billions of dollars with an estimate $150 Billion in 2015. Now, wouldn’t you like to get a slice from that pie?

With a grounded casino, an ordinary person’s chance of owning or even operating one is well, none. Thanks to online gaming, small business owners can now have a chance to invest in the gambling industry online without the hefty sum of putting up a grounded one. He can promote an online casino, sports book, and poker room gaming business and amass an unimaginable amount of profit.

First is the most expensive way. This means you create and execute the gambling software for an online casino. This will cost you millions of dollars to materialize. Not to mention the many licenses you need to get approval for before you operate. However, the advantage of having it your own way, you control your gambling site, you can do whatever you want with it responsibly, and you will have the sole knowledge and right of the source code of your software.

Then there is the average or the middle of the road or run of the mill way. That is becoming a Licensee of an Online Gambling Software provider. This is the most common way of starting an online gaming business not only because it costs so much less but also it is ready to go! This is a turnkey operation where you will get the software to start with and even equipment if required. Compared to the millions you need to create and own your gambling software, licensing will cost $30, 000 to $350, 000 plus of course the monthly royalty to be paid to the software providerWho you take guidance from depends on your circle of friends and acquaintances, to the level of guidance they can offer you. Tips from your local cabbie or your aging window cleaner might seem generous at the time, but would you act upon them? Your friends on a boozy night in the local pub may have suggested excellent Horse betting systems, but would you actually trust them? And more importantly would you act on their suggestions? The answer to some of these questions at some point will probably be yes! And you will have backed horses and won and on other occasions lost based on the advice given to you.

As a newbie to online sports betting you may find calculating the odds quite tricky whether its fractions or decimal, what do the numbers actually mean? To what type of bets do you place, doubles, singles, Tri-cast or trebles, placed or to win. So many different permutations it can be daunting. However help is available. Most online bookmakers have pages within their websites explaining the rules of betting and how the odds are calculated. This for newbies is a good starting point. It will also guide you through your first bet.

There are hundreds of online bookmakers, many you will already be familiar with such as Ladbrokes, William hill, Bet Fred, Bet 365, Coral and betfair. Its not my position to discuss which of these bookmakers if any, offer the best value to you but to offer you these as examples. A quick Google search with the key phrase “online bookmakers” or more specifically “horseracing today” for example will return hundreds of different bookmakers web sites. This would be a good starting point to help you see what is on offer.

Another good point of reference is Wikipedia. Just type the search term online gambling in the search box within Wikipedia to reveal a whole host of valuable information regarding gambling and online sports betting, although slightly Americanized with its content and references the principles can still be applied anywhere. The Wikipedia information is quite hard going but does offer links to bite sized chunks of information that can be easily digested stage by stage, you may want to bookmark this in your web browser so you can easily recall the information at a later date.

Now that you are more familiar with the different bookmakers you will have noticed that most of them offer free bets and incentives to open accounts, some even offer free horse betting tips. All the free money offers from registered bookmakers are genuine and can range in value to new account holders, from £25 worth of free bets (no deposit required) to £200 matched deposit. Let me explain. A matched deposit of 100% up to the value of £200 means if you only deposited £10, then the bookmaker would only deposit £10 into your account for free. On the other hand if you were to deposit the full £200, then the bookmaker would match it and place £200 in your account. Sometimes conditions are attached to the “free money” so please read the terms and conditions for each site carefully, so you’re not disappointed.

All these types of offers make opening an online account more attractive and there is nothing stopping you from opening many different accounts with various different bookmakers thus taking advantage of the “free money” and “cash bonuses” available. You may even find that some of the bookmakers offer other types of gambling accounts which interest you, like Bingo, or slots or even online casinos, within the same bookmakers’ website, all offering cash incentives. If you are a newbie to online gambling this is one horse betting tip I can’t recommend enough.

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