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...
Win/Lose on Dice & Roulette Wheel / Win/Lose auf Würfel und Roulette-Rad

How to Calculate Probabilities at the Roulette Table

Roulette Probabilities and the Maths behind them Although the rules for roulette tables are designed in such a way that the bank makes money in the long run, it must be said that roulette is a pretty fair game. If you play with only small amounts...
WikiCommons: Ladbrokes odds for the wedding of Prince William of Wales and Kate Middleton / Ladbrokes Quoten für die Hochzeit von Prinz William von Wales und Kate Middleton

Top 50 Quotes about Gambling, Luck and Money

This compilation contains some of the best quotes we could find related to gambling, luck and money. Since humans have existed they have gambled away their fortunes, and it is probably the fate of man to continue gambling so long as there...
Man in suit hiding his head in sand / Mann im Anzug versenkt seinen Kopf im Sand

Are You the Architect of Your own Fortune, or Misfortune?

Richard Wiseman of the University of Hertfordshire is a luck expert: In numerous surveys and experiments he has researched what luck actually is and he has published various books and publications in which he advocates that luck is merely an...
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...
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...
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...
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...
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...