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How do I get rich from online gambling?

Let me tell you a story, about my own journey, because it is about what I've learned from personal experience. It is lengthy, for good reason. It does not represent all people's experiences, just my own.The short answer is, "getting rich" is a laughable goal. Even getting any substantial winnings, if you do indeed win, is improbably difficult and has legal implications.I have never been a "gambler." I never won anything big on the few attempts I tried, which was a blessing, and have looked down on gambling cynically, understanding that the house always wins eventually.Here is a mathematical perspective: If you calculate a large sample at attempts (bets) and wagers (risk) at any particular house game, eventually the odds of the house winning approaches a constant value, as a limit. The larger the sample size, the more accurate the value becomes. That is, the longer you play, the more certain it becomes that you will lose. This is mathematical fact.If the "house "did not always win, how could they keep demolishing buildings and putting up lavish and extravagant new ones every 5-6 years? Who runs a business to give away money?Also, having heard horror stories about people who thought they could win their money back, then trying repeatedly with determination, ending up bankrupting themselves, selling off possessions and home, losing their families, gambling was something I knew was a loser's game, too good to be true.I don't like the idea of handing over real money at a slight probablity of winning. Things that seem to be too good to be true, mostly are, as they say.(Incidentally, I view the stock market and trying to time the markets, so-called day trading and penny stock ventures and the like, also as gambling, as eventually a loser's game because of the instability of markets and flaws in the monetary system that intentionally create cycles on inflation and deflation. I refer to the book The Stock Market is Rigged, which was on the NY Time Bestseller list. Even if you disagree with this personal view, please don't dismiss the main point of this answer, which follows.)During a SuperBowl involving my home team, I wondered what it would be like to fly to Vegas and bet on it, having heard media stories of a man who bet several hundred-thousand and won a million. Due to lack of time and lack of flights available, I got the idea to look up online bookmakers and reviews. I Googled it. By the appearance of the results, it looked like online betting on sports was possible, even common, without going to Vegas (which I never did).I looked up reviews, read many and looked at the sites, then found one site that sounded most reputable with a pretty good interface.If you search for online bookmaker reviews, this one in particular will come up often and at the top of many lists. This is one of the downsides of SEO, search engine optimization, where the results generated can be artificially manipulated. Nevertheless, this particular site will come up in the first dozen pages of results, and described generally as being both legitimate and backed by user reviews.I deposited money. I bet on my own team, who was favored to win by 4 points. That was the spread of the bookmaker's site. It was only because it was a game as big as the SuperBowl that I even had the idea to do such a thing. I don't even watch sports regularly.I bet my team would win by more than four (+4) points, the bookmaker's point spread. It was a simple bet, although a person can bet on almost any aspect of the game, which team will have more points by the end of the first half, who will score the first touchdown, which punter will kick for the most yards, the MVP choice. The array of choices is surprising.Betting $100 of $200 deposited, I won $300 after the game ended. I have to tell you, it was thrilling, exciting. I'd never won much of anything in my life. The lottery has never amounted to anything for me but a money sink.Inevitably, the next step was, where one would expect the thrill to end, trying to actually withdraw my money deposited and the "winnings." This was a site reported to be reputable and long-standing with seemingly good reviews, and statistical payouts (reported on review sites, with no citations, but differing percentages) usually close to 99%.Like many/most/all online betting sites, they are based in another country, in a Latin American country. Most will have DNS suffixes other than .com, but those relating to other countries.Online betting is not illegal in the US, and laws vary by state. All the sites will emphasize that online betting is legal too. Collecting the winnings, it turns out have more legal implications, as I later found out. In their terms and conditions, betting sites state that online betting is for recreational purposes as stated in another answer. "No, really? Isn't that why it's called 'gaming?" But they do that for a legal reason, it turns out.The site listed the terms and requirements for making a "withdrawal" or getting one's money back, plus winnings, if any.There were several options, all cost 30-50 dollars for wire transfer or bank transfer. Even mailing a check cost $50. Other than those, they offered a debit card costing a one-time fee of $25, but that winnings could be deposited into, for no charge, and so then, free thereafter.It turns out, that taking this method required additional "verification requirements" I never had intended on doing anymore betting, anyway, but this was the cheapest way to get the most back, I decided.I made several attempts to collect, through contacting customer service, sending in verification documents, each time, I got a reply that I didn't send the correct document. Next they said they needed photos of the debit card I used to deposit money, front and back. After waiting days, they requested color photos of the card.Many of these sites will tout 24/7 online chat customer service, which is there, but they will tell you some other department is responsible for the accounting, etc. So all you can do is wait.It was now about two weeks after the football game. I got bored and curious, and looked at their casino tab. I played their slot machine, made a small wager, and I won. I spun the reels again and won big, this time, $100. Wow, I thought. I ended up winning $600 very easily on top of the football game winnings. This was now $900 on top of the initial $200 deposited. I requested another withdrawal by their debit card method.Days past, then they said the B&W photo of my identification I already sent, needed to be in color. I scanned it in B&W for safety purposes, even though doing that was already far too much for me, in this day of identity theft.The next attempt, they messaged that their printable pdf form with text entry, had to be hand-written, not using pdf entry text like I had done. Despite all this, I was patient and did what they said, but growing increasingly more frustated. They were asking for unnecessary demands. I was not applying for a job or security clearance.The final demand they made for "verification purposes" was a color photo of my SOCIAL SECURITY CARD. My reaction was "no way, that's insane." This may have been certain individual employees and not "the company" per se, but it says a great deal about how they operate.Regretably, as readers will cringe, after a few days, I complied, despite the absurd request, after already sending personal information and a color copy of ID. I repeat, this is a site that appears in many review searches, as reputable.After I did this, no debit card was sent. I decided for a moment to give up, and had other matters to deal with.Weeks later, I got a letter.I was addressed from the IRS.They were reporting to me that they had detected a fradulent attempt to gain access to tax records and account, and a failed attempt to access my security PIN.The IRS advised me, by referring to the FTC, to put freezes on my accounts, on credit applications, and take whatever steps necessary against identity theft, making changes to passwords, contacting all orgazinations with whom I had accounts.Obviously I gave up on getting my original money deposited back. As far as I know, they are not a legitimate operation anyway. The idea of getting the "winnings" is forgotten, merely adding to the pile of stupidity and regret.If recreational gambling is appealing to you, do it with software that does not involve money. It might be dull and silly, but one might find out that it's not really "fun" to begin with. Imagine how stupid slot machines, as a game is, when no money is involved--it is mind-numbingly stupid. All the appeal comes from the chance of winning money.

What service providing businesses can I start with $100?

25 Businesses You Can Start for Less Than $100Are there really businesses you can start for less than $100? With today’s digital technology, you can. A start up business can be established with little to no money and have the potential to scale.Laurie Davis started the dating websitewith $50 and a Twitter account Young, Fabulous and Self-Employed. Her successful enterprise has been profiled by the New York Times, The Washington Post, Good Morning America, and many other media outlets.Starting something online may be an obvious choice, but the variety of businesses you can start for less than $100 might surprise you. Some can be started with no investment other than your time.The key is to find the lowest-cost way to make a sale and then parlay your profits into the next step. Some entrepreneurs have bootstrapped their way to millions using this basic formula.This usually entails starting a business from home, and like all great business ideas, it begins by filling a need. Even if you are going to sell something find an underserved segment and provide the best service possible.You’ll have to decide for yourself when to “formalize” your company by creating a legal structure like an LLC, buying liability insurance, and such. For advice on these matters, you can meet with volunteers at , and there are even places to get inexpensive legal help. Meanwhile, why not pull out a $100 bill and take a look at what you can do with it.Easy Small Business Ideas You Can Start for Less Than $100Auto PartsTo demonstrate the range of potential businesses you can start for less than $100, we begin with an unlikely one.Steve Farmer, upon graduating from college, decided to start a business wholesaling collision parts.He says, “Within two weeks, I had started my own business with $50 and built it up and ran it for almost three years.”He used his car until he could afford a truck, and bootstrapped his way to success. Eventually, he sold that business, starting a new one, this time a specialty candy store, his new company’s website reports.ClickBank E-ProductsTo start a digital products business with no investment, open an account at ClickBank.com for free and promote a few items on Facebook page or blog.Once you earn a few commissions, you can pay the $49.95 fee to start a vendor account. Then, create a PDF e-book on any topic you know well (or can research), and you can start selling immediately.ClickBank takes $1 plus 7.5 percent of each sale, but you set the price and decide how much you want to share with the thousands of affiliates who can also sell your product (50 percent is common).Some vendors claim to have made tens of millions of dollars in sales through ClickBank.Used BooksWhen you see a textbook at a rummage sale, visit Bookscouter.com using your smartphone.See what are , and then offer half of that or less. The big margins are in textbooks, but online buyers accept many types of used books and often pay for shipping with a printable label.Retailing them yourself on Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more is another option. On The Abundant Wife website, one woman tells of selling books from around her house for $371.14 on Amazon — a good way to start with nothing.Once you learn the market, you can parlay your profits into expansion, perhaps doing some online arbitrage by buying cheap used books from eBay auctions to sell to the big online vendors.House PaintingIn many states, like Florida for example, you do not need a license to be a painting contractor. And if you start with indoor painting, you can get by with a minimum of equipment.You can learn some helpful tips from YouTube videos on house painting and some practice painting around your own home. Matt Shoup tells U.S. News & World Report he started with $100 and went door-to-door, eventually building a painting business with annual revenues of $2.5 million.Window CleaningAnother one of the businesses you can start for less than $100 is a window cleaning business. However, to efficiently clean big retail store windows you may need more than $100 worth of equipment.So start with homes and basic tools, and parlay your revenue into better ones.You can learn the business online from any one of a number of tutorials.Pet SittingPet sitters charge as much as $100 for overnight stays, and $20 is typical for a 20-minute visit.You can start by offering your services to friends and family and use the profits to build your professional credentials, perhaps by joining an organization like the of .To grow this business into a large income, you’ll eventually need employees or sub-contractors.Taxi ServiceWith ride-sharing platforms like Uber, you can turn the car you already own into a business today without spending a dollar.If all goes well, you might parlay the money you make into a regular taxi or chauffeur service.Of course, once again, your goal, if you want bigger profits, is to eventually hire employees or sub-contractors.TutoringTutoring is also one of the businesses you can start for less than $100. It used to be more difficult to market your tutoring services, but online platforms make it easier than ever.If you’re able to help students with academic subjects, sign up with a website like Tutor.com. If you prefer to tutor people on a wider variety of subjects, like chess, sports, cooking, or singing, try Wysant.com.Tutors commonly charge up to $50 per hour, and although these websites take a healthy cut of that, they provide a no-cost way to start. From there you can build a local clientele and start hiring others to work for your business.Tour Guide ServiceAgain, the Internet has made all the difference in lowering the barriers to starting a business.Forget about business cards (at least at first) or trying to get travel agencies to recommend your guide service. If you know an area well, you simply sign up with a website like Vayable.com and let them find your customers for a cut of the revenue.Once you know the ropes and make some money, you can encourage returning visitors to come to you (and your new employees) directly.Tax PreparationWhat better (and cheaper) way to learn a business than to get paid for your training?Search “tax preparation no experience” on job websites like | . You’ll find plenty of companies willing to train you for jobs preparing tax returns (at least during tax season). Once you have a season under your belt, it’s time to strike out on your own.You can start from home to keep costs low and bootstrap your way into a multi-employee office in time.Flooring BusinessToby Woodward has been in the flooring business for twenty-five years. He Construction News, “I started my business with $50 and a box of business cards.” His company, Aladdin Floors, started out doing just installation in order to avoid the need to invest in inventory.Again, the lesson is clear: Look for the low-cost entry point and parlay revenues into expanding the business.Cleaning ServiceAgain, think of the low-cost entry point to keep your startup costs under $100. You can clean houses with all of the supplies and equipment you already use for cleaning your own home and then invest profits into specialized equipment for other clients.Carrie H Johnson was divorced and living in a low-income housing when she started a cleaning business with friends, she explains on her website. She built it into a multimillion-dollar business with 165 employees.Flea Market VendingFlea markets are alive and well in many places around the country, and you can locate the ones closest to you with an online guide.To start on a budget, find a market that lets you pay for space by the day (often less than $20). While you’re there, look around for a low-cost niche you can invest your profit into.What profit? That’s what you made by selling everything in your house that you otherwise would have given away or dumped at a rummage sale.eBay SalesAnyone can start on eBay for less than $100.Start by selling things around the house that you no longer need. With the money you raise, you can look for a niche. For example, some vendors hit rummage sales and thrift stores for cheap goods they can resell.Others buy in bulk from places like Liquidation.com and then sell items individually on eBay.Homemade SoapsIf you can read and follow the directions of an online soap-making tutorial, you can gain some basic knowledge of the soap making craft. It involves relatively few materials and tools. To make soap you mix various forms of oil with lye and scents. A basic mold for 12 bars can be bought on Amazon for under $10.Of course, you can’t compete with mass-manufactured soaps, so you’ll want to make specialty products. Finding a new scent or creative approach to packaging and marketing will help. You can sell to friends initially, or invest in a booth at a flea market or craft show.What’s the potential? Anne-Marie Faiola turned her soap making hobby into a multimillion-dollar business.Grocery DeliveryIf you own a car you have what you need to start delivering groceries. While Webvan and others have failed to make grocery delivery work on a large scale, there is a market for small timers, as evidenced by the many shopping services that are online now.To make delivery affordable for the customer and efficient enough for you to make a decent profit, you may have to service a very limited area. You might start by approaching elderly residents in a housing complex, promising delivery just two days per week in order to process as many orders as you can at once.To keep payment processing simple, get a PayPal card reader, which attaches to your smartphone. PayPal takes just 2.7 percent of each swipe, with no hidden fees.Errand ServiceAn errand service can be a natural business to tie into grocery delivery, or vice versa. Once again, if you already have a car you’re ready to get started. People often need someone to check on their dog at home, or run to the store if they are homebound.To start with almost no cost, and to get a feel for what kind of work the business might involve, sign up with TaskRabbit.com, an online platform that connects people who need errands done with those willing to do them for an agreed-upon price. This eliminates the need to spend money on marketing yourself (at least at first).You might discover a particular niche that suits you and is profitable. For example, if you get a lot of calls to bring pets to vet appointments, you might reposition yourself as a pet taxi service.Freelance BartendingYou can learn how to mix any one of thousands of drinks with a free online cocktail guide, but to get hired as a freelance bartender it helps to have real experience. That doesn’t have to require a job though. You might volunteer to tend bar for charity events — a good way to get experience and market yourself to potential paying clients.Entrepreneur - Start, run and grow your business. reports the startup costs of freelance bartending at “under $2,000.” But you can keep it under $100 if you start with clients who have the necessary equipment or by bartending for parties where expectations are minimal. Entrepreneur.com says you can make “up to $300 per day when you tally up your wages and tips.”The next step is hiring help at $10 per hour and billing clients $25 per hour for them.Dog TrainingThis is one of those businesses you probably wouldn’t get into without previous experience. On the other hand, you can get an idea of skills needed online from the television personality and dog whisperer, Cesar Milan. There are also many dog training tutorials on YouTube. A stint at a local pet store might help too, and you’ll at least make minimum wage while you get your education and experience.You can start the business at home to keep costs low. Pet owners can bring their dogs there as well as anyplace else. To build your reputation offer, to train the dogs of friends for free or at a discount, and be sure to get testimonials to put on your (eventual) website.Drop-Shipped ProductsWhat makes drop shipping so attractive is exactly what lands it on this list; there are no big startup costs or expensive investments in inventory. You can sell products online, collect payment, pay suppliers, and let them send out the products — even using your company logo if you like.There are many drop-ship product suppliers online. Some provide a variety of products, or, if you’re going to specialize in one product or product line, you can locate a manufacturer that drop-ships. Just do your research and be sure you’ve found a reputable company.A website is one way to make sales, although not the only way. You can also sell on auction sites like Electronics, Cars, Fashion, Collectibles & More | eBay.Social Media ManagementBusinesses need help managing their social media presence.In particular, they need to tweet on Twitter and post on Facebook in order to raise awareness of their companies and promote their products. You may already know how to use these and many other social media platforms.Learn a little more with online tutorials on how to become a social media consultant. Then contact everyone you know to see if they need this valuable service. Scaling up will require hiring others at some point, so you can focus on getting new clients.Startup cost? Zero.Virtual AssistantIf you have a phone, a computer, and Internet access, you can be a virtual assistant (VA). This is one of the hot new businesses you can start for less than $100The work can be very different with each client but may include preparing reports, researching, editing, social media management, appointment-setting and many other services.On her website, VA Amy Andrews says “I can tell you from personal experience, it’s a real work-at-home opportunity and something many people could do.”Of course, to make it into more than a decent freelance income, your goal will have to be to hire others at some point.Scrap Metal RecyclingA search of your garage and shed might be all you need to start a scrap metal recycling business. It’s one of those businesses you can start for less than $100.Copper and aluminium are the most valuable of the common metals, and almost every community has one or more scrap metal buyers. Once you’ve made your first sale, start looking for new supplies.You can find all the advice you need in an online scrap metal discussion forum. How big can you grow a business like this? Stephen Greer went to Hong Kong with almost nothing after college and built a scrap metal recycling business worth $250 million, according to his book, ” Starting from Scrap: An Entrepreneurial Success Story.”ConsultingOkay, so you know enough about a subject to advise others, but you don’t have the money to properly launch a consulting business. Start anyhow!Spend $10 for business cards from a low-cost provider. Put up a website for $60 for the first year with a domain and website hosting package.Once you have a few customers who value your knowledge more than a fancy presentation, you can spend some of your profits to build a more professional organization.Logo DesignIf you’re artistically inclined, designing logos is a relatively simple business to start. You can service the high-end, doing very unique logos, or provide low-cost designs that start from templates and are modified to suit the client.One of the easiest ways to get started is on Your Access To This Website Has Been Blocked. A look at the stats for the logo designers there shows the size of the market. The top-rated logo designer has over 6,000 customer reviews.Your Access To This Website Has Been Blocked takes a dollar of each $5 sale, so you might wonder how sellers make money. It’s all about the extra services. Many of the logo designers there keep it really simple for a basic sale (add a company name to a template), but offer extra services that can add $100 or more to an order.Find that first sale with little or no capital investment and then use the profit to expand. That’s how you start a business for less than $100.

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