The Best Way To Win Money
How To Choose Which Money Winning Method Suits Your Skills (& Wallet) Best
There are so many different ways to safely try and win real money online - and so many places to try - that often choosing the best is dependant on opportunities, personal needs, knowledge, location, bankroll size, and level of aversion to risk.
Each of us will be looking for a different combination of these factors which will highlight the best way to win money for us personally. You may want the simplest method, the easiest, or the quickest. You might be looking for a free winning method or a list of legit ones.
You might even be searching for the best ways to make money rather than win it, and of course there are some obvious differences between making money and winning it.
On this page we're fully focused on which opportunities give yo the best chance of winning extra cash, and given all this, it's easy to see that finding these top ways to win is a complex task, with a number of variables and factors.
That shouldn't stop us from making the attempt though.
We've seen that many ways to win money involve gambling or betting and the risk of losing. Plus where you're risking losing your own money, you'll want to learn about tips on safe and uncomplicated ways to win it that suits your circumstances and needs.
So the most logical way we can do this is to break down each area into an easy to follow list. By the end of this review you should be able to answer the question 'what is the best way to win money?' with some certainty.
I'll make a very quick mention here of some of the social casinos that have seen a high increase in popularity recently. They offer chances to win cash without huge cost, Chumba Casino being one of the best I've come across so far.
Alternatively there's a recently introduced way of winning cash that's causing a stir in both online betting communities and financial trading circles. If you haven't heard of it already, it's called football stock exchange trading and basically it involves the buying or selling of player shares. It's a unique idea which means you can profit from the rise in value of players over time, plus earn dividends based on the number of times they get in the news. It offers lots of chances to win.
Differences Between Making Money & Winning MoneyI already mentioned that there is a distinct difference between making money and winning it, although clearly there are some similarities and crossovers between the two too.
Essentially the main difference is that although you make money when you're successful in attempts to win it, the basic principle of making money is that it can be done in a number of ways that don't necessarily involve risking it as you do in any gambling activity.
Recommended - Best Ways To Win
If you want to dive straight in and try to win some cash quickly and easily with limited risks, the recommended best way to try is by playing either skill games or video games, or by entering casino slots tournaments.
Each of these are explored in depth further below, but as a quick summary:
Both skill games and video gaming offer the chance to play for cash for a low outlay, and both get you good chances of winning based on your ability, rather than just pure luck. Anything that requires skill will definitely increase your winning chances, while keeping the cost of entry low will keep your bankroll lasting longer.
In the case of slots tournaments, these offer all the fun and entertainment of casino games while reducing the risks to your cash that are traditionally associated with casino gambling itself. For a low entry fee, you get an allotted time playing a slots game with the chance of ending up in a prize winning position at the top of the leaderboard. You can even win some big money prizes playing tournaments.
To build up a potential big money bank slowly but surely, the best option is to take a look at any opportunities to place no lose bets. This may sound strange, but there are some very real ways to do this with Matched betting being a good method to follow.
This Buzzfeed post that comes up number 1 for a best way to win money search on Google rather interestingly doesn't actually cover any of the ways to win money! But it does list a number of legitimate ways to make money.
11 Ways To Win Money - & Their Best Routes To Success
We've seen on other pages that there are 3 key routes to winning money online - the free ways to win, winning with skill, and winning with luck. Within each of these there are different opportunities. We'll cover each one here:
Free Ways To Win
1. Cash Competitions
You can read about cash competitions in some depth on the dedicated page. The best way to win at cash competitions though is in the number of entries you make. The numbers game is all important here, and the advice is to enter for any specific competition or contest as many times as you're allowed. Read more on the cash competitions page.
As sweepstakes are normally free to enter, your best chances of success are again going to be in the volume of entries you can make. The money sweepstakes page explores the subject of sweepstakes in more depth.
3. Using Betting Bonuses & Free Bet Offers
Essentially free betting or gambling money with a catch, getting a bonus or a free bet almost always entails depositing or betting some of your own money.
Regarding bonuses, probably the best way to try and win money using bonuses is to look out for no-deposit bonus offers. These do give you true free money, though there will be strict wagering requirements before you could actually withdraw any profits generated.
It's just as hard to end up winning if you look for deposit bonuses as well. These too will have fairly heavy play-through requirements before you can withdraw.
Free bet offers do offer the best chances of winning overall, simply because with a sports bet you do have the chance to use some skill and judgement in making a betting selection. Bookies normally have similar rules to the casinos around play-through requirement on free bets, but with careful and clever selections it is possible to get the best end result from them.
• Visit the free ways to win page for a deeper understanding of how to find the best opportunities of winning free money.
Winning With Skill
Playing games or betting where your skill and knowledge can have an influence on the outcome of a wager is clearly the best actual way to win money. Again though, there are different options....
There are a whole raft of opportunities to play skill games for money. In fact the term encompasses a wide range of different betting options. Poker for example, is considered by many to be a game of skill. Debatably some casino games are best played with a strategic approach which improves winning chances. Both these are covered separately below, so for this section the term 'skillgames' specifically refers to games like billiards, pool, trivia knowledge games, solitaire, and others.
We cover the subject of cash skillgames on a dedicated page, but for me the best way to win money at skill games is in head to head tournaments on games that you're well practiced on. Worldwinner is just one online skill games website where you get to do just this - they even make sure you're pitched in against opponents who will be at a similar skill level.
Play Video Games
Now this is one skill-based way to win money which really does offer some great winning chances. I'd put it in a tie with playing poker as the best skill-based way to try and win. You'll want to read the video games for money page to get some deeper appreciation of what's involved, but clearly the best chances of winning will be built up over time - with practice and determination.
Almost certainly the bulk of the best opportunities to win cash prizes in this field will be in head to head tournaments and contests, though for the big players it'll be worth looking into playing esports at a professional level. Reach this stage and - if you're good - you'll be in with a chance of winning significant amounts of cash.
The subject of online poker is a fascinating one, and one which I just can't do justice in a few lines here. Suffice to say that for a well practiced, well-studied player, one who fully appreciates the deep strategical understanding the game calls for, there is significant potential to get involved with the game and end up making a profit.
And the best way to win money playing poker? That'll depend on your skill level. For a comfortable low level player like me I find the best opportunities by looking for money games at 'easy' poker sites where I have a better chance of winning. If you're a more experienced player you may want to be looking for higher value cash games where your opponents will be stronger, but consequently you can win more big money pots with skillful play.
Check out the play poker page for a detailed introduction to the game. This page acts as a hub which will guide you though basic and advanced strategies.
Sports Betting & Fantasy Sports
I've covered each of these on separate pages here on winmoney101. Visit the fantasy sports betting or bet on sports page for detailed info.
Of course, as these both fall into our ''using skill to win'' bracket they do both offer great prospects for making a profit. Clearly there's a fairly big difference between the two, and some noticeable similarities too. Both will present good options to you if you're knowledgeable about either sports in general, or a specific sport such as football.
I've never had much luck in fantasy sports. Yes, you need some luck too! But there are many fantasy sports fans who will swear they find it to be one of the best ways of winning cash prizes. Fanduel and Draftkings are the biggest fantast sports sites.
Betting on sports is an effective way to try and take money off the bookies too. Knowledge of your chosen sport or sporting events does often pay off in this sphere. Of all the betting related ways of winning money, I'd say sports betting sits up there among the best.
• Visit the high level winning with skill page for an in depth overview of all these money winning opportunities.
Winning With Luck
I'm tempted to say there is no best way to win money by playing games of luck. They're designed to take your money, maybe slowly, maybe quickly. But of course they do have their place, one which we'll explore deeper when we examine some of the other factors affecting what's the best way to approach winning money from a perspective of individual requirements.
Let's break them down individually and try to pinpoint some good ways to try and ride your luck.
There are so many different casino games that it's not easy to know where to start. If you want a good overview of what casino gaming is all about the best idea is to read through the casino games page.
The reality is that most of these games will drink your money faster than you can make it. It won't matter if it's craps, keno, roulette, baccarat, or blackjack. You'll have a low chance of striking a very lucrative win, and pick up some valuable sums along the way most likely. But in the end it's almost certain you'll lose your bankroll.
For these reasons one of the best ways you can enjoy casino games, get the chance to win some cash, and get the enjoyment out of the experience is by playing in casino tournaments. Slot machine tournaments to be more precise.
These give you the chance to play slots for a low outlay (sometimes free), and some contests can offer big money prizes to both winners and runners up. For some hints on the best ways of enhancing your prospects of winning one, visit the dedicated page via the link just above.
Instant Win Games
There will be many of us who love the idea of winning some instant cash. Of course there are a number of ways to do this, but one of the fastest is by playing scratch-card games. There is clearly no best way of doing this, the chances of getting a winning card are purely down to luck. You can of course increase your winning prospects by increasing the number of cards you scratch, and the best way to do that is by using bonuses or free scratch offers.
• Read the Instant Win Games page for more info.
Land based bingo halls have been popular for many years, but there are places you can play the game online too. The best ways to win money playing bingo are very similar to those for other gambling related games - play often to increase winning chances and take advantage of bonuses and promotions.
• Read more on the winmoney101 play bingo for money page
Playing the lottery is one of my least favourite ways of trying to get a cash return. The odds are heavily against you - certainly from a high value prize perspective - and the entertainment value is low. The other side of the coin is that entry costs can be low, and you can make multiple entries for a low overall outlay.
Entering multiple times is the only recommendation I can make to get even a chance of a low value win. Personally I'd steer clear, but if you are determined to see whether a lottery entry can get you some cash back then you can read more about lottery options in the 'enter lotteries' article.
For detailed info on everything covered in this section visit the win money by luck page.
The Best Way To Win Money - Based On Your Needs
We've seen the different ways to try and win some cash, and we've identified some of the best strategies you can use for each of them to end up with a profit. But irrelevant of which opportunity you try to make use of, one determining factor of how you approach it will depend on you and your needs.
In this section we'll look at the drivers, the reasons why you're in the game. Different reasons will mean a different approach to selecting the best money winning route to take.....
Do you need to win?
I'll just kick off here by saying that if you approach any form of gambling (where your own money is at risk) from a perspective of needing to win more, then you are on potentially dodgy ground. Gambling inherently involves risk - to your money and to your psychological state of mind (if you can't control your gambling desires).
Many of us can control the urges to gamble or bet. Some can't. Always be very much aware of your approach, and if you feel it's getting out of control then seek help. The responsible gaming page on this site helps with information about what to do, and there are excellent other resources too.
All that said, if you need to win, then the best ways to try are those that involve skill based activity. They'll always give you the best chances of success, simply because the skill factor does allow you better control over the outcomes.
Do you primarily want entertainment plus the chance of winning?
If I could give you one big piece of advice, it would be to try and approach any money winning exercise from this viewpoint. If it's not fun, there's a big question mark over whether you should be doing it. You can enjoy it and get a big 'entertainment' boost from many of the different forms of gaming or betting that we covered above. It all depends on what you love doing.
Sports fan? Probably sports betting is going to suit you best. Maybe fantasy sports.
Good at skill based games? Choose the skill games for money route.
Each of the key ways to win money will offer their own specific benefits.
I will say though that for a combination of entertainment, adrenalin, and cash winning chances, it's probably casino gaming that you want to be focusing on.
Is your aversion to risk a high one? - Do you want to keep your potential losses low?
There are a couple of main ways to keep your potential losses low, but still get reasonably good opportunities for some cash returns. The first is by focusing on the free ways of winning, for example free entry competitions, and the second is purely by keeping your deposits, entry fees, or bets at a low volume and on a suitably low scale.
There's always a temptation to go for one big bet, especially if you're feeling confident, but low stakes over a period of time does actually offer the best long term way to keep your bankroll healthy.
Do you want to win big?
We all dream of that big win, don't we? The reality is they're extremely hard to hit.
Each of our ways to win money do provide opportunities for big cash wins. To understand how those are presented it's worth looking at the individual pages. As an example though, playing poker for a big win will probably mean getting involved in a high stakes game, or trying to win a major tournament that might actually have a low buy in fee.
I'd say the best way to win big money is by sportsbetting and trying to get that one off accumulator for a low value bet. They only come once in a lifetime, but you only need one!!
Do you want to win fast?
Nearly all betting opportunities can be made with the knowledge that you're going to know if you won or not fairly fast (unless you're betting antepost on a future event of course). Casino games pretty much offer instant gratification - win or lose. But possibly the best way to win fast money is in the instant win scratchcards arena. It'll be pure luck if you pull it off, but some nice wins are possible.
What Are You Good At? - Best Ways To Win Based On Ability & Knowledge
There's a big message here in that (where there is a risk of losing money) you need to know what you're doing, whatever the discipline. That holds true for whether you're playing games or taking part in contests where luck is the determining factor, or where skill and knowledge plays a big part.
Clearly though, using skill or knowledge does present the best opportunities.
And this leads us to an inescapable fact - you're going to be getting the best chances of winning when you're using those skills and knowledge that set you apart from your opponents.
And your opponents might be real people in head to head contests or tournaments, or the bookies or the house on other forms of gambling.
Finding what you're good at - where your skills and knowledge gives you an edge - is the real key here. And only you know the answer.
You're good at poker? Play poker.
Good at analysing sporting event outcomes? Bet on sports.
I could go on...but you get the point. Determine what gives you an edge, and focus on it. The best way to win money will become clear for you.
Where Are You - Is Location Important?
You'd be forgiven for believing location is unimportant when thinking about your best way of winning money. After all, games and contests are the same games and contests wherever they're played. Betting is betting wherever you are in the world.
But of course there are restrictions in some parts of the world, and this of course limits some of us to specific options only.
If you're in the US, you'll generally be limited to fantasy sports betting, horse racing, or skill based gambling. Either of those may turn out to be the best option for you, except of course if you're in one of the states where poker and online casino games are regulated and legal. The exception of course to all of this is if you're Vegas, the real money gambling capital of the world.
If you're in the UK, the options are wide and varied. You'll have the full range of opportunities to choose from. In the UK there are many punters likely to tell you either horse racing or betting on the dogs are good options, but you'll never meet a broke high street bookie, right?
For other countries you'll need to be aware of local regulations regarding all forms of betting or gambling. Finding the best way to win can be difficult in some jurisdictions.
There is no simple answer to the question 'what's the best way to win money'. There are a whole bunch of dependencies on the answer, but the reality is that the best way is often dependant on you, your knowledge, and your wants. Once you identify what those are, then you're better placed to investigate the different opportunities in depth and find out how the chosen one will work for you.
And when we're talking about finding winning ways, the quest doesn't stop at understanding what the best way is. Our subject is a vast one. It has risks, it has highs and lows. It has fun (and occasionally some misery!)
For more guides to winning money on winmoney101.com you may want to take a look at this series of high level articles.....
Additional Resources The video below is an interesting one, exploring the potential of online poker as a vehicle for delivering a great way to win extra cash.
I wouldn't dive in on the back of this thinking that winning big at poker is easy and risk free. Far from it. But it does show the possibility that the game offers. For more video guides to the best ways to win money you can find plenty on the Youtube channels.