There are tons of different ways to make money online, but unfortunately not all of them are legal depending on where you are. If you’re in the United States there are some sites that are illegal for you to use due to gambling laws, and other countries have many different restrictions. The last thing you want to do is make a ton of money online just to find out you can’t keep any of it and it’s made you a criminal. In this guide, we’ll go over popular ways to make money online that are and aren’t legal in the states so you’ll know what you can do and what to avoid.
Illegal Ways to Make Money
These are the money making schemes you’ll want to avoid. We’re sharing these methods with you for educational purposes only. Anything we share with you here we’re sharing because it’s a bad idea. There are so many different ways to make money online legally, it’s not worth the risk of trying any of these following methods.
If you’ve got a bit of luck with gambling Bitcoin casinos may seem like a pretty lucrative option. There are tons of different ways to do it, it’s easy, and it’s fast. There are just a few issues with this, though.
The first issue is that gambling is never a guarantee. When you gamble you have no idea whether you’ll win or lose, no matter how well you may know the game it’s still mostly luck. Knowing the odds doesn’t help you beat them. Most of the time the house is going to win, because if they were losing money they wouldn’t stay open for very long.
The other issue with Bitcoin gambling is that if you’re in the United States it’s not totally legal. Bitcoin gambling is currently in a weird place. There are many sanctions against online poker and gambling with real money in the United States, which puts cryptocurrencies in a gray zone. There’s a lot of debate as to whether or not Bitcoin gambling should be roped into the same category as normal internet gambling, but as of now you’re much safer if you don’t participate in any bitcoin gambling sites at all.
If you’ve heard of the deep web then you probably know a thing or two about illegal deep web marketplaces. These marketplaces are the modern world’s black market. People use untraceable currencies such as Bitcoin in order to trade illegal goods via the postal system or P2P file sharing. As I’m sure you can imagine, these websites are home to some pretty shady stuff.
Many of these marketplaces are where people will sell stolen digital products, private information, hacked software, ripped e-books, music, and many other illicit items. If you’ve got access to e-books or free music downloads this may seem like an awesome way to make a quick buck, but it’s not as safe as it seems.
Today many deep web connections are monitored by government officials who have become very aware of what happens on the deep web. If you don’t have extensive experience in internet security it’s insanely easy for the police to get a trace on you and figure out who you are. It’s very likely that if you go this route you will be caught.
Margin Betting (If you’re in the U.S.)
Margin betting is becoming increasingly common as a way to rig the odds in your favor. Margin betting is the practice of predicting both the winner of a sporting event and the margin by which they’ll win (15 points — 10 to 1 — 3-0). The bet amount is then determined by odds which are calculated based on the likelihood of your bet coming true.
Margin betting is just as complicated as it sounds. I don’t really get it either, I just did my best to translate what I’ve read about it. That’s why there are websites out there that will do all of the complicated math and calculations for you, then tell you what bets to take. Yes, that is awesome. Yes, it does work. And yes, if you’re in the United States it’s illegal. The gambling laws in the states have very specific gambling laws regarding bookies, and they prevent you from making these sorts of bets online. Unfortunately, if you’re in the United States you should be staying away from Margin Betting websites.
Legal Ways to Make Money
Beer Money Sites
Beer Money sites are a great way to make money online. To put it simply, beer money sites are sites that will pay you for doing various tasks such as watching a video, answering a survey, or giving your opinion on something. There are so many different beer money sites you could make a whole website dedicated to them….. Oh, wait.
If you want to learn more about beer money sites and find out which one suits your needs best you can check out our guide on it HERE.
The most popular beer money site out there today is Swagbucks. Swagbucks is by far the most accessible beer money site and it’s super easy to get started with. All you need is an email to sign up and start earning cash. Find out more about Swagbucks and how to make more money with it HERE.
Bitcoin is so versatile, there are so many different ways to use it and start earning money with it. One of the best ways is by investing.You can invest almost any amount of bitcoin, and because of how unstable the market is you’ll get some pretty drastic results. Just like investing with normal money, there’s no guarantee that you’ll make any gains, but it definitely won’t stand still. The Bitcoin market is constantly changing, and it gets even
You can invest almost any amount of bitcoin, and because of how unstable the market is you’ll get some pretty drastic results. Just like investing with normal money, there’s no guarantee that you’ll make any gains, but it definitely won’t stand still. The Bitcoin market is constantly changing, and it gets even crazier when you start investing in the various other cryptocurrencies.
You can also invest in people. There are some sites that will allow you to make Bitcoin microloans and earn returns on interest. You simply loan out your Bitcoin for a set amount of time, and when that time is up the person you invested in pays you back plus interest. If you’ve got some spare bitcoin and don’t mind waiting a little bit this is a great way to see guaranteed returns on your investment.
Affiliate Marketing is my personal favorite way to make money online. It’s hard work, and it’s time-consuming, but it’s a way to set up an independent business that will allow you to work for yourself and dictate how you live your own life.Affiliate marketing is the act of picking a niche, marketing to that niche, and then getting paid to drive your audience to someone who sells things relevant to that niche.
Affiliate marketing is the act of picking a niche, marketing to that niche, and then getting paid to drive your audience to someone who sells things relevant to that niche. Affiliate marketing allows you to build an online business that can be as big or small as you want it. You can work on your website as much as you want, as often as you want, and no one is going to tell you whether you’re right or wrong. If you’re looking for real independence and the opportunity to carve your own career, I highly suggest you get into affiliate marketing.
Learn more about affiliate marketing through our guide HERE.
That’s all I’ve got for this article. There are plenty more ways to make money online that I didn’t mention here, so be sure to check out the rest of Beer Money for more. As always feel free to drop a comment down below, let me know what you think! I love hearing what you have to say and I always do my best to respond. Good luck with all of your ventures!