CentSports is a betting site that gives you a small amount of play-money to bet with and if you do well enough, you can cash it out for real money. How it works is that they do not allow you to bet with your own money and they give you 10 cents to start off with. What makes it legal is the fact that you are not betting with your own money.

When you sign up you are given $0.10 which you can use to bet on a number of major college and professional sporting events which include basketball, baseball, football, soccer, tennis, boxing and so on. You get to keep all you winnings which you can use to place more bets. If you lose all your money they will give you another 10 cents for you to bet with.

Once you have accumulated over $20 in winnings you can cash out a minimum of $10 and they will send a cheque out to you. Reaching the $20 mark might seem like a big feat given the 10 cent starting amount but, it really isn’t, if you bet good enough. If you make good bets and double your money eight times you will end up with a balance of about $25.50 and the sky is the limit from there. Once you are registered user you can view a list of CentSports all starts who have balances in the hundreds of dollars which just goes to show that you can make a good amount of money from the 10 cents you are given. As far as sending out cheques, they do state that they only support cashouts for people living in the US but this does not stop people in other parts of the world from taking part. You will just need to find a US address where they can send you your cheque.

Victor Palmer, the founder of CentSports makes his money from advertisers and as a result you do get the odd pop up here and there and once you have placed a bet you have get option of increasing the payout amount by up to 100% if you view an ad. He doesn’t hide this fact and has the following on the homepage:
SCARY DISCLAIMER IN TINY PRINT: *CentSports.com is a free sports-betting site, our users never pay anything to place bets here … all bets are entirely ad-supported, i.e., paid for by our advertisers … have a problem with that? Well then move to Las Vegas!!!

Registration is quick and easy, all they ask for is a name and password. Take a look and let us know what you think – CENTSPORTS.COM

It was Melbourne Cup Day on the 6th of November. It is said to be the biggest horse racing event in the Australasian region.

When there are big racing events on in this part of the world, my work colleagues’ set-up a sweepstakes for a bit of fun where we put down a few dollars. The horse I picked Mahler (GB) came in third which I wasn’t too disappointed about. That made me enough money to take the family out for dinner or something like that. Some of my colleagues went a bit further than the work sweeps and placed bets at a betting agency and most came out well off.

After I collected my winnings this morning my mind got going and I started thinking about online gambling. I have done a bit of research on it in the past and decided to do a bit more and see just how viable it could be as a way of making money online.

My conclusions are that it can be a way of making money online. But as it is gambling, you stand to lose some if you are not careful. It should be something that is done for fun and not as way of getting a regular income. You do have to try and be disciplined and have your own rules to follow. They may be something like the following (just to name a few):
-use your common sense
-learn how to manage your money
-set budget limit and profit target and sticking to it
-stop whilst you are ahead (don’t get greedy)
-do your homework – know the rules and what you are doing

Deposit and withdrawal of funds varies from site to site. You can use your credit card for most of them but you can also use services such as PayPal, Neteller, Click2Pay, Citadel, EcoCard, Moneybookers and PaySpark.

I took a look around to see what was offered in the form of online gambling and skill gaming platforms. As you can imagine there are so many out there to choose from. In and amongst them are a number of illegitimate sites where you will lose all your money. As with anything online, it pays to do a bit of research before you sign up to anything. eCORGA would be a good start. They have a lot of good information on online casinos and poker rooms.

I came across a few reputable gambling and gaming portals operating in various regions of the world. Here are some you might want to take a look at:

Betfair – Bet at Betfair!

Betfred Poker and Casino – $250 sign up bonus with Betfred

Betfred Sportsbook – Sports betting with Betfred

Betonbattles – Battle It Out, Bring In The Money – BetonBattles

Duplicate Poker – Play Texas Hold’em. Play for Free or Play for Cash. Get $25 Free for First Time Users. DuplicatePoker.com

eurobet – 20% free bet if you open an account now on eurobet.com

Fun PokerRoom – Play Poker without money play with international Player- without money just for fun

Guess Cash – Turn your Knowledge of Sports in to Cash… GuessNow.com!

Kingolotto – 100% FREE UK lottery! Win great prizes on Kingolotto

LuckySurf – FREE DAILY LOTTERY, Play Today and Win! LuckySurf give you a chance at $5 Million Daily!

Play65 – “Play backgammon for money“

Play89 – Play Online Pool

PokerRoom – Win Cash without paying PokerRoom.com

RaceBook – RaceBook.com – The Best Place to Bet on Horse Racing />
RiverBelle – River Belle bingo free trial for all new members

Skybet – Free £20 Bet!

Unibet – Click here to sign up!