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Tag Archives: money

Young woman pointing on a calculator

The Science of Calculating Winning and Losing Streaks

This article is a short journey to the theme ‘risk management’ as we are often asked… How high should be a starting bank? Is 5,000 units enough? Well, there is no standard answer to this question. It all depends on the individual...
Golden Roulette Wheel

Are Online Casinos Legit? When to Trust Free Spins

There are ever-increasing numbers of new online casinos springing-up every year, and apart from questions about their legality, players are especially interested in the question: Scott Maxwell LuMaxArt (Shutterstock) How Trustworthy are New...
Background of falling cards / Fallende Karten

Blackjack – An Introduction to Card Counting

Blackjack, also called ‘21’, is certainly the most popular casino game next to roulette. Blackjack has always attracted mathematicians and gamblers because it was, or still is, actually possible to beat the house. Image: mik38 (Shutterstock) In...
Three businessmen - See no evil, hear no evil, speak no evil / Drei Geschäftsleute - Seh kein Übel, hör kein Übel, sprech kein Übel

Gambling for Fun or Gambling for Money? – The Truth

When people tell me they gamble for the fun of it, I find this hard to believe. It beats me but I simply cannot see the point of ‘enjoying’ losing money for the sake of it. Honestly, if I would find any pleasure in losing money, I would...
Man jumps from word Impossible to Possible / Man springt vom Wort Unmöglich zu Möglich

Sports Betting for a Living? Is Earning Money from Gambling possible?

Whether it is possible to earn money from gambling and make a living from betting are questions which seem to bother many punters. To give the short answer… Yes, it is absolutely possible to make money with sports betting. Image: Gualtiero...
Dollar notes / Geldbündel zusammengerollter Dollarscheine

How to Calculate Losing Streaks & Optimal Bankroll

In this article we will teach you to determine how large your starting bank needs to be to avoid bankruptcy by calculating the longest losing streaks that can be expected from your chosen betting strategy. What is Bankroll Management? Bankroll...
Nest Egg metaphor with three eggs mapped with dollar bills / Notgroschen Metapher mit drei Eier als Dollarscheine

How to Become Rich – 10 Powerful Books about Wealth and Money

Who doesn’t want to become rich? The answers are here. Embrace them. The rich know things that most people don’t. Learn from the wealthy. One thing that successful people have in common is that they understand it’s not about how...
Man weighs money on a scale / Man wiegt Geld auf einer Waage

Top 10 Tips: How to Save Money without Living Cheaply

You don’t need to be a millionaire to live an enjoyable life. Here are the top 10 tips on how to save money and at the same time live a good life, and I mean a really good life. Live your dreams without tightening your budget to a point which...
Young woman agonizing over financial calculations in her kitchen / Junge Frau quält sich mit finanziellen Berechnungen in ihrer Küche

Always in the Red? Control your Banking Behaviour!

Recently, an old friend came along and asked me to have a look at his finances. Despite the fact his monthly net pay was in the region of £2,500, his overdraft was constantly rising. He often found it quite difficult, especially at the end...
Cartoon: Businessmen look on as old timer uses divining rod / Geschäftsleute sehen seinem alten Mann mit Wünschelrute zu

What You Should Know About Value for Money & Personal Finances

The crucial importance of truly understanding the concept of ‘Value for Money‘ first dawned on me when I was appointed by a school in England to sort out their finances in 2003. Despite being a well-funded state school their budget...