HOME Meet HOBO Specials	Risk Free Profits from Gambling or Daytrading Best Money from Gambling or Daytrading While I am a theoretical physicist by training, my first job offer after graduation was not in physics. It was in gambling. Less than a couple of months after defending my dissertation I was headed to Los Angeles. Here, in the heart of the southern part of the Golden State was to be my first job. More precisely, it was to be for a gaming company in Beverly Hills. The company was founded by two gamblers who had happened to make a fortune playing Blackjack in Las Vegas. Now they had other people play for them in local Southern California casinos. But they were not playing against the house. They were playing for the house which always has an edge. My company would simply employ these people to work as prop players. As such, they were trained to play various casino games (Blackjack, Pan Nine, Pai Gow Poker) and were paid an hourly wage for that which was certainly very competitive compared to the minimum wage. I was in charge of developing training software for these players based on optimal strategies that I was also responsible to work out. For these people it was really a risk free job in gambling. There are more players like that out there. Because of the huge popularity of poker (especially Texas Holdem), some casinos employ prop players to keep the poker tables running and make money off "the fish": inexperienced players, frequently fun-loving tourists. There are also prop day traders who trade using the capital of a firm that employs and trains them in using the firm's proprietary strategies. However, often prop traders are required to put in some deposit, a small capital of their own. Yet, this is also pretty much a risk free job, save for the deposit that may not be returned. And there is yet another good way to profit from gambling or day trading. Who do you think made more money during the California Gold Rush in the mid 19th century: those mining gold or those who were supplying shovels to them? And whose job was easier? While some people did strike gold and became rich, it's probably safe to say that many more ended up rich by selling tools to the miners. And there is nothing wrong with that: virtually every human activity requires tools. That's what separates humans from the rest of the animal world, and so before you develop your own, if necessary at all, it only makes senses to start with what is already available on the market. Yes, it is certainly possible to make money as a vendor, a developer of systems, strategies, or other tools, without actually gambling or day trading, although a respectable vendor is expected to have some practical experience in the field in which he operates. These days, with the Internet becoming the most ubiquitous and versatile form of communication ever, it is rather easy to sell tools for gamblers and day traders via one's own website. All you need to know, in addition to the expert knowledge of gambling or day trading, is how to go about it. How to create your own ebook or software, how to create a website for its online presence, and how to market it. While all this may seem a bit daunting at first, for first steps in virtually anything tend to be particularly challenging, many have done this already and many more will certainly follow in their footsteps. In fact, it is much easier to do so these days than it was a few years back as now there is more information and more tools dedicated to helping new authors publish and market their expert work.   Betting System Riches Excellent work on how to create your own high quality ebook to sell your betting system. It can also be of use to those considering selling their trading systems.   Recently I have come across some excellent piece of work that specifically addresses the job of creating and marketing betting systems on the Internet and makes it particularly easy through the tools it provides. This work can be also of use to those who would like to know how to market trading systems and strategies. It includes an ebook on creating and marketing betting systems online, another ebook on building a mailing list of prospects, a software to create a sales page, and several videos on traffic generation via search engines and other methods. All in all, it's a pretty comprehensive work that should be very useful to those starting in this business. You can check it out right here.
	Disclaimer: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD. SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.