Did you ever dream of winning the lottery, or collecting a massive slots jackpot? Did you visualize all the wonderful things you’d do with the money, like paying off a mortgage or buying a new house, helping out your family, maybe donating some to a worthy cause? Online casino betting could just be the comfortable retirement plan you’ve been searching for.
Every other day, I read about some lucky slots player who struck a multi-million dollar jackpot at the local casino, or while playing mobile slot machines. Life changing amounts of money are being delivered all the time, and there’s no reason they have to become ‘someone else’s fortune‘. They could just as easily become your windfall.
But as every lottery organization in the world has uttered time and again… “You can’t win if you don’t play”.
I’m not encouraging anyone to go out and spend their life savings. For the love of (insert name of whatever deity you worship here), please don’t take a second mortgage on your home just for online casino betting. Like any other money-making endeavor, there is no fail-safe in gambling. There is just as much chance that you’ll lose – even more so, in fact. But that doesn’t make it a bad plan, either.
Look at it this way. If you had a dream to open a donut shop, your odds of success would depend on your strategy.
First of all, you have major chains like Krispy Kreme and Dunkin’ Donuts to contend with. You have to make sure you’re not located too close to them, but not too far from a customer base, either. Then you have to find a way to be better than them, whether it’s by making a better product, offering a lower price, or better yet, both.
Even if you do all of these things right, there’s no guarantee your business will thrive. The same goes for online casino betting. There are no guarantees you’ll win, and the competition – the casino, or house – is fierce. The odds are stacked against you. But just like in business, there’s always the chance that – with a good strategy and a little luck – you will succeed and retire a very wealthy person.
Online Casino Betting Strategy
You don’t have to be a mathematician to employ a good strategy. In fact, there are only four key points to focus on here.
Know the rules of the games you play
Only play games with a low house edge
Learn and utilize any strategy available to lower the house edge
Never, ever spend more than you’re comfortable losing.
Again just like with any new business, you’ll need to do some research. Find out what games are best for online casino betting. Blackjack is a great option. It offers the lowest house edge of any game, especially with proper strategy applied.
Online slots may not have such a low house edge, but when there’s a large progressive jackpot available, they aren’t a bad choice deal either. Microgaming‘s famous Mega Moolah progressive pays out CA$7.4 million every 11-12 weeks, on average, and is currently valued at more than CA$10 million.
Alternative Retirement Plan
If you’re too worried about the risk involved in online casino betting, there’s another, proven way to save for retirement. It doesn’t involve investing anything with potential gains/losses ahead.
Maybe you could comfortably afford to spend $5 a day at an online casino. Instead, every morning, take that $5 and put it in a safe place. Don’t touch it. Add another $5 the next day, and another the next.
After 30 years, take it all out and rejoice! You just won a $54,750k jackpot! Congratulations 😉
Royal Vegas is our editorial pick for safe Canadian gaming. Currently offering a good range of Canadian deposit options, everything from prepaid gift cards, to eCheck, instadebit and visa/mastercard. That, and a world-class gaming experience, with countless table games, strong variety, and even live dealers. The brand has been in the business for a decade long.