Games Of Chance For Money
Win Money By Riding Your Luck | The Lucky Games That Win Real Money Online
Luck can be defined as ‘Success or failure experienced by chance rather than through one’s own actions’.
If we take that definition at face value and apply it to real money gaming, in a few words it accurately gives a basis for understanding how chance based gaming works, and identifies how playing games of chance for money differs from playing those games that are skill-based.
It’s just a basis though, and as with all our coverage of different types of real money games there is a lot more to games of chance than can be explained in just a few words.
Of course nearly all games involve needing some form of luck. Winning at those that require a strong strategical approach like online poker can sometimes come down to chance if only in some small way, as it can with virtually any other real money game except perhaps cash contests in video games.
So on this page we’ll be exploring the different types of chance based games which offer cash prizes, how to get the best chances of winning from them, the positives and negatives of playing them, and finally some additional resources which will be valuable.
One concept it’s worth getting your head around is that of probability. Understanding the effects of this and how its applied to luck-based games can help you to appreciate the odds against you. It’s a science, and the odds against making money by lucky choices are contained within it.
The video is basic, but still a reasonable introduction that you should bear in mind if you’re considering playing any of the chance-based games we’ve covered.
Introduction – Warning! Purely Chance-Based Cash Games Can Shrink Your Wallet! But What Fun You Might Have!
So are you feeling lucky?
Trying to win money playing games of pure luck is in the top drawer for entertainment value. There are some great games to choose from, and they can deliver the chance of landing significant sized cash wins for reasonably low stakes.
But caution is needed!
There’s a good reason that there are many operators offering these type games…and that’s because they make money.
Yours, most likely!
Of course nearly all games involve needing some form of luck. Even winning at those that require a strong strategical approach like online poker can sometimes come down to chance in some small way, as it can with many other skill games.
The good news with playing games of chance for cash as I said before is that entry costs can be low. You can play for small stakes with the prospect of winning big money, and equally with big stakes for perhaps even bigger money.
The adrenalin, excitement, and enjoyment factors are a force to be reckoned with. All these are factors which lead to these types of games securing a place in any ‘top addictive real money games’ list. This poses some fairly big risks which you should be aware of before getting involved.
Types Of Chance-Based Real Money Games
The list we need to consider here is around those games which are purely luck-based or predominantly so. It’s worth noting though that there are others which involve a bigger element of skill or strategy, or enough of those two elements that they could significantly influence outcomes over time. These are covered in greater depth on the skill gaming page.
You’ll know that playing casino games is unlikely to result in winning money in the long run. Casino’s are built to take your money. If you just want extra money, then either avoid casinos or go for a one hit win on one game.
But they do offer great entertainment value. If you treat casino gaming as it should be treated – as a bit of fun which gives the chance to end up winning – then you’ll be in a good position to enjoy it.
Casino games come in various shapes and sizes with literally something for everyone. Card games in particular are well known gambling games. The recommended casino card game for beginners is 3 card poker, if you want to win money at the casino it’s simple to play and with good winning chances.
With such a fun way to play games for money, it’s unsurprising that there are constant new developments in the industry. New games – particularly slots – see regular releases and new online casinos spring up regularly too.
All of which means the RealMoney.Games section dedicated to casino gaming is set to be an extensive and constantly growing one.
Instant Win Scratchcards
Another way where you need lots of luck to win the money prizes.
That hasn’t stopped scratchcards becoming hugely popular. Free scratchcards in particular.
The big draw with scratch off tickets comes from their instant win nature – you know pretty much straight away if you’ve won and how much money you’ve won. We all know the scratchies associated with local and national lotteries, but there are gaming websites online which offer instant win scratchcards too, both free and paid.
Online Bingo Games
You might remember playing bingo with your gran on small pieces of numbered cardboard, but today’s online bingo for real money is a long way removed from that. With high-tech electronic cards, it’s state of the art gaming with a social aspect.
Easy to play, but of course it’s pure luck if you win.
Mainly popular in the ‘real’ world, there are lotteries you can play online. Everyone dreams of a big money jackpot lottery win, but the odds are heavily against you. Lotteries are just no fun for me, but millions do play them.
Check out the page on entering US lotteries to find out how to get involved with some of the big USA contests. If you want a simple way to try and win money then playing the lotto could be your answer.
Arguably falling into this chance-based category of real money gaming, cash contest board games include a number of examples where using skill, strategy, or experience could sit alongside the chance element. Games played out on boards can include backgammon, yahtzee, Mah-Jong, chess, and checkers.
You can see just from the games (assuming you have a reasonable knowledge of gameplay for each one) that there are some elements of luck involved to varying degrees.
Chance-based gaming – especially where wageting is involved – is fraught with risks. Playing online games of luck offers the greatest risk to your bankroll. The odds are against you, though the wins you do get can be life-changing. If not life-changing, then certainly lucrative if you’re very lucky.
Aside from the possibility of losing significant amounts of money – and linked to that potential too – is the possibility of addiction.
It’s always a risk where gambling is involved, and the big risk for some people is they can become addicted to either trying to win, or the excitement of the win itself. This can lead to significant money losses, exactly the opposite of what we’re trying to achieve.
Don’t let that person be you. Read the RealMoney.Games responsible gaming page before you make any attempt to gamble online.
The best thing you can do is approach the attempt to win money by luck as a form of entertainment. It should be a fun way to spend an hour or two, so enjoy it. Treat any money you deposit as ‘lost’ money, and if you end up ahead you’ll have got something out of the experience.
If you dive in head first believing you’re going to win, more often than not you’re likely to find out the hard way that it’s not as easy as it looks!
We’ve talked already about what you can get out of real money games of luck – great entertainment and the chance to get some nice value wins being the most obvious.
One side benefit – if you like your gambling this way – is that it can be fairly untaxing on the brain. You don’t have to think an awful lot (other than perhaps in some casino card games where strategic-type choices need to be made).
Personally I’d say this last-named is not particularly a great benefit. Given the ultimate aim is to win money, you’ll be beter off achieving that in playing skill games or even something like sportsbetting. Everything has its moment though and sometimes it’s just good to spin some slots wheels or tick off some bingo numbers without much thought or effort, right!
The negatives are limited, but they’re big!
And mainly centered around losing cash!
The first is the potential for addiction as we noted in risks above. If you can’t control your attempts at a lucky win there is a risk of losing money.
Plus we know that the operators need to make a profit. They’ll always do this, and overall at your (or other players) expense. The odds against winning are always skewed enough in their favour to guarantee they come out ahead. That’s not to say you can’t win, just that on the law of averages it’s unlikely you’ll still be ahead over a period of time.
If you’re not careful, that could be very quickly!
With so generic a subject it’s going to be better to go to the individual game opportunities if you want more resources.
This page has enough high level to give a more than adequate introduction to chance-based gaming, with maybe the exception of a deeper investigation into probablilities in gambling. There’s another great page on probabilities broken down into easily followed examples on GamblingSites.com.
One of the 3 top level ways of playing real money games, ‘lucky’ games sit side by side with those you get to play in free gaming and/or skill gaming.
They’re equally as important as their two cousins, and deserve an equal footing if you’re considering trying any of them out.
You obviously have only very limited influence on outcomes compared to skill gaming, and run more of a risk of losing cash that you wouldn’t with free games, but there’s huge entertainment potential in playing them provided you don’t get sucked into standard gambling traps.
Clearly playing any game where luck is going to determine if you win or lose is not certain to be a better money making option than say a skill based one.
I say ‘not certain to’ because the bottom line is you can win. Online casinos for example – even allowing for the fact that the odds are always against you – do pay out cash to players. If they didn’t give something back they’d be out of business!
But if you’re feeling lucky and are confident you can control how much you might be risking, the playing games of chance for real money can give a lot of fun and be potentially financially rewarding.