The Truth About Gambling Winnings and Tax

If you’re trying to win big at gambling, you might wonder whether or not any of your winnings would be subject to tax. You’ve heard of players getting visited by the tax man before…but does that apply to you? Not necessarily.

What you need to realize is this: as a citizen of the UK, you would not have to pay any tax on any of the winnings you gain. Not a single one, and that’s why a lot of people breathe easy as they explore a new path in gambling.

However, if you end up becoming a professional gambler that makes any type of media appearances for money, or sells books on the topic, you could have to pay taxes on those things. If you’re really that worried, we suggested that you speak with a qualified accountant and/or a solicitor for more information.

But most of you all can breathe easy knowing that you can make the most of your gambling winnings. But now that we got that out of the way, what’s the fastest path to make money through real money gaming?

One word: mobile. Specifically, mobile gaming. This means that you can not only take advantage of the portability factor, but you have your games at a close space.

We like slot games, because there are a ton of them and they usually translate pretty well to the phone. You don’t get a squished slot game that’s hard to see. Instead of a cramped experience, you actually get a lot of games that flow well with the small screen factor of the smartphones on the market.

Going through all of your options in the world of real money gaming isn’t easy, but now that you now you don’t have to pay taxes in most cases, it’s definitely time to see how much money you can win. Naturally, you don’t have to just play slot games only. You could always play real poker for money on the go, or just stay at home and play from a big computer screen. Either way you slice it, this is a great opportunity to make money.

Yet we couldn’t just end this guide with talking about the money. The community around the world of gambling will help you sharpen your game, if you allow them to help. Be open to criticisms and make changes to your game to see a sharp rise in making money for the long run. Check it out as soon as you can!

The five golden rules of success in online roulette

The internet is awash with websites to unlock the secret to roulette but the fact is that roulette is a game of chance. However, there are few things the high rollers do to boost those chances in online roulette.

1) The best strategy is no strategy

Some punters are convinced that you should never hit the roulette tables without being armed with a strategy or system. There are countless websites offering ‘roulette computers with a 93% success rate’. The makers of these machines claim that these computers are able to calculate the rate of the wheel and ball.

However, the fact is that the efficacy of such contraptions is dubious at best. This is especially true of online gambling, with roulette from 32red.com and other reputable online operators using random number generators to keep things clean and honest.

Some say that you can use randomness to your advantage. The theory is simple, if you lose, double your bet. If you win, halve it. For example, if you start with a £5 bet and you lose, bet £10 on the next hand. If you lose that one, then bet £20 next and so on.

The theory goes that by doubling your bet each time, you’ll eventually catch up and win. But when will you catch up? No one knows. Really, the best strategy is to just be sensible with your money. Besides, even the best strategy in the world cannot predict random numbers.

2) Choose a reputable operator

Many people question whether online casinos are rigged, which is understandable considering that operators have so much power to basically do whatever they want out of the view of punters. With this in mind, we recommend that you only play at internet casinos with a good reputation, such as the aforementioned 32Red or Golden Tiger Casino. Such operators hold full licenses and are fully regulated by international gaming authorities and independent auditors.

3) European Roulette gives you better odds

One way you will definitely improve your odds of winning is choosing French, or European roulette over the American version. This is because the US wheel has a few ‘0’s on the wheel which makes it harder for you and increases your disadvantage against the house. Whereas European and French roulette gives the house an edge of 2.7%, that advantage is almost doubled to 5.26% in the US version due to the presence of extra numbers.

4) Stick to nearly even money bets

Betting on black and red, or odds and evens will further increase your chances of winning. In fact, these are just about the best odds in any online or offline casino. And while each single bet won’t offer you the best returns, this will give you staying power and it is where the smart money is.

5) Know when to ‘walk away’

If you have £400 to bet and you lose it – walk away (or switch off your computer)! It is rarely wise to go back and try and win your money back.

Bingo is no longer a game for silver haired people

The moment we hear about bingo, we start imagining : smoky bingo halls, stacks of cards, daubers,loud calls, and most importantly plenty of elderly women everywhere. This image has been set in our mind for more than 2 decades now. Thankfully, with the rise of online bingo, these stereotypes are gradually banishing.

Online bingo has been growing like a wild fire. Today with more and more bingo sites popping up almost everyday, numbers of players are increasing every hour- the game has managed to move from the so called silver haired ladies, to more and more young tech savvy generation. Thousands of people are hitting the online bingo rooms everyday with a chance to meet new people and socialize.

What is the reason behind people droving to online bingo site.Is it make money or meet new people? Well, the fact is, it is a mixture of both. Today players above the age group of 18 years are playing online bingo games. Gender and age barriers have been shattered.

These days people who are playing bingo online belong to the tech savvy generation, hence necessarily you wont expect to find silver-haired people playing bingo games virtually.

Online bingo is not always about the huge jackpots. It is more about the bingo promotions and community. Some people come online just to meet new people and have fun where as some keep an close eye on those bingo promotions which keep changing on monthly, weekly and daily basis.

On sites like New Look Bingo players aren’t restricted to talk only about bingo games. They can talk about anything which interests them, as long as they follow the chat rules. People of different age groups from all walks of life come together to play bingo. At times some people think bingo is only for the silver haired.

Technology has drastically changed a lot of aspects about bingo. If you are a bingo aficionado or know gonna be one, it’s time to give this fun version of this new age game a go!

Hit the bingo rooms today if you still haven’t and definitely you’ll have a whale of a time.

Here’s Why There’s So Much Hype About Online Bingo

Are you reading about the “hype” around online bingo? Plenty of people are talking about how bingo is this fad that is going to be done away with in a few years, but that’s not really the case. What you’ll find here is that bingo is only set to grow bigger and bigger with each passing year. More people are playing bingo because it’s a great stress reducer. Have you seen how many hours the average person works in a single week? After a big workweek like that, you can imagine how everyone wants to do something that will get their mind off things a little bit.

If you’re trying to save money, you might not think about bingo either. But bingo is the best way to save money because you don’t have to leave your house. You can just log on and play, giving you plenty of options. Options are a good thing as far as we’re concerned, and we think that it’s time to jump in and play.

You can check out my favorite free bingo no deposit site right away by clicking the link on this line. It’s a great place to test the waters because they give you a chance to play for free. While some sites want you to go ahead and jump in with your own money, this site knows that you might need some time to decide if this is something that you want to do or not. Bingo is exciting for me because I get to escape all of my normal chores around the house, if only for a little while.

If this is something that you’re interested in, it’s definitely in your best interests to get it done. Make sure that you’re looking into online bingo so you don’t miss out on all of the fun. Having a great time and winning extra money is never a bad thing.

The chance to make new friends is another reason why I strongly suggest bingo to everyone. It can be hard to make friends locally when you’re trying to go to work, go to school and get ahead in life. It feels like if you’re not working on your goals around the clock you’re going to run into trouble, but there is a time and a place for relaxation. Instead of leaving your house, you can stay instead and play bingo. What more could you want other than this? So, when you’re ready to play bingo, log onto the site linked up above and test it out!

Chelsea won the recently concluded season but will they continue dominating?

Jose Mourinho guided Chelsea to what was a very convincing Premier League campaign where his team only lost 3 matches in the entire season. From the very start of the previous season, until the end it’s hard to deny the fact that Chelsea were the favorites of winning the league title and indeed that’s what happened.

Even though Chelsea ran through their opposition in the latest Premier League season, this will not stop Jose Mourinho in upgrading his squad even further during the summer transfer window. The Portuguese manager has already stated his desire of winning more major pieces of silverware in the next season but this is easier said than done as other clubs are also in the process of signing players and improving their respective squads.

Premier League betting

Punters are always on the lookout for ways to make more money and the Asian Handicap option has soared in popularity as a result. Premier League betting is all about getting in more efficiency with each bet, while increasing the challenge. Many punters select the Premier league lineup as their target for this reason: the overall quality of the teams involved, as well as the increased challenge. But why the Asian Handicap style?

As explained in this betting guide, the Asian Handicap eliminates the “draw” outcome completely. The strongest teams have to win by more goals than normal. So this perks up the match tremendously: if you know a stronger team is going to mop the floor with another team, you might as well add a few goals to keep things interesting? With “challenge” comes the opportunity to make more money with each bet, cementing the Asian Handicap as the bet to place for real betting aficionados.

Clubs that have a genuine chance of winning the league

Chelsea

It’s not an easy task trying to defend the league title but Chelsea has everything they need in order to succeed do it. From the managerial position of the Premier League club to almost every single spot of the squad, Chelsea has everything covered.

Branislav Ivanovic along with John Terry were 2 of the best defenders of the Premier League of the past season and they will continue performing for Chelsea at least for another year. The midfield department is running smooth with Fabregas, Eden Hazard and Nemanja Matic meanwhile on the offensive section, Diego Costa was unstoppable as he scored 20 league goals and finished the campaign as one of the top goal scorers.

Jose Mourinho has a star studded team and even though he is looking around the transfer market for possible signings, the Portuguese manager already has everything he needs to not only defend their Premier League title but also compete against Europe’s elite and battle for the Champions League as well.

Manchester United

Manchester United finished the past season on the 4^th spot and even though they were 17 points behind Chelsea, what Louis van Gaal managed to accomplish is something that cannot be seen in the standings. Continue reading …

Winning Progressive Jackpots – How to Increase Your Chances

Back around 2012, the thought process behind progressive jackpots was that they were impossible to hit. It was about the equivalent to winning the lottery, because the overall chances were extremely high. If you were lucky enough to win the progressive jackpot, you probably had to play the maximum bet in order to receive the total winnings.

Most casinos still utilize this approach today, even online casinos. However, it is much easier to hit a progressive jackpot, and you don’t have to play the maximum credits. Keep in mind, there is no guarantee you will hit one, but never hurts to increase your chances.

Smaller Bets

Let’s say you’re playing one of the Netbetcasino Jackpots like Quick Time. Sure, it would be nice to hit a £15,000 winner, but how many maximum bet spins are you going to have to place in order to “maybe” hit it. Since it’s more likely that you will not, we don’t suggest playing the high amounts per spin.

Instead, consider dropping your bet down to a two or three bet per line. Even though there might not be a big difference between .50 cents and £1.00 in the real world, it can make a huge difference in the gambling world. After all, just by taking this approach, you are increasing your spins by an additional 100.

The Myth: True or False?

We’ve never really researched this enough to have a clear and concise answer, but some gamblers believe smaller bets means a better chance at hitting the progressive jackpot. In this case, it doesn’t have anything to do with additional spins, but more about how the machine pays out.

Over the years we’ve seen all kinds of different traits on a slot machine, which includes better payouts on smaller bets. Individuals with a “conspiracy theory” thought process might believe the maximum bets are there to recoup lost money, won by smaller increments. Our opinion is that this is most likely not the case, considering there are a host of regulations and rules a casino has to consider when offering slot machines as a gambling choice. Continue reading …

Let it Ride – Tips to Stretch Your Money

If you haven’t had the opportunity to play Let it Ride, it’s a simple game to learn. Here is a quick rundown:

Ante-Up

Most Let it Ride tables have a £10 minimum, with exception to a special promotion. There are 3 circles where your initial bet can be placed. You must put £10 in each of the circles in order to start playing. In addition, you also have the opportunity to play the progressive, which is £1 each round.

The Rules

Each player is dealt 3 cards, and two additional cards are placed face down in front of the dealer. These cards are a part of your overall hand.

During the 1st round, the dealer will ask whether or not you want to pull your first bet back (after seeing your 3 cards), or keep it there. The 2nd round the dealer will flip one of their face down cards, face-up. Then they will go around the table and see if you want to pull back your 2nd bet, or keep it there.

Finally, the dealer will turn their final card face-up, and then check each players hand to see who has won.

Why Pull Back Bets

You must have 10s or better to win even money on your bets. If you already have it in your hand (before you see the dealer’s two cards), then you always want to stay on all 3 bets. There is never a worry of the dealer beating your hand, which makes this game quite easy to play.

However, it’s not easy to get dealt a pair of 10s or better from the start. If you have a 2,4,9 in your hand, the chances of you losing the round have greatly increased. After all, in this scenario, the only way to win now is if the dealer flips over both cards and they are 10/10, J/J, Q/Q, K/K, or A/A.

Now, if you have A,K,9 in your hole cards, your potential winning percentage has increased. If the dealer turns over an Ace or King, you’re a winner. Continue reading …

High Adventure Awaits You In Online Bingo

Do you want to qualify for huge prizes just for playing a few bingo games? Do you want to hit progressive bingo jackpots? Do you just want to chase away boredom for good? If you answered YES to even one of these questions, then high adventure awaits you in online bingo. It’s just a matter of unlocking all of the possibilities. One of the reasons why people skip over online bingo is because they’re only thinking of one type of bingo. Usually the type of bingo that they’re thinking about is the “five in a row” type, and that’s far from the only variant of bingo that you’ll find online.

When it comes to bingo, we call the different types of bingo “variants”. If you want to really get started, you have to check out for different variants of bingo online at honeybeesbingo. We’ve already told you a little bit about honeybeesbingo, but we didn’t tell you how many different variants await you in terms of bingo action.

If you’re looking for a slower bingo where you have time to daub all of the numbers, this bingo portal has that covered for you well enough. All you have to do is join the room and begin to daub the numbers as they are called. If you don’t want to daub the numbers, there is usually an auto daub feature activated. This makes things even easier because you can chat with people while the system automatically daubs the right numbers. Some systems actually auto-call the bingo for you, while others require that you at least signal when you have the bingo. It just depends on how the room is set up, so make sure that you look at what features the room has.

You also have to make sure that your bingo matches the pattern that the room is looking for. If you’re playing a double X room, then you basically have to get two bingos in one, each on the diagonal in order to win. But you might be playing in a fast progressive blackout room where you have to daub all of the numbers yourself and cover your entire card before you can call a bingo. That would unlock a bigger prize, but it’s also a much longer game than the others. It’s completely up to you of course, so make sure that you look into it!

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