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Want to double your money in shortest duration, well you are at right place today we will share 10 quick way to double your money.
Time required to double your money depends upon return given by investment option. However there is standard thumb rule called as “Thumb rule 72”.
What is Thumb Rule 72?
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Rule 72 will gives you information about time require to double your money. This rule says that divide 72 by expected annualize return and it will give you time when your money will get double.
E.g If you invest 100 Rs/- and expected annualize return is 10% than this money will get double in 72/10 =7.2 years.
Refer to following table to know time required to double your money for expected annualize return.
Also Read – 10 Best Safe Investments in India
10 quick ways to double your money:-
Risky Ways to double money
1. Stock Market:- Stock market investment is one of the quickest way to double your money but stock market is double edge sword where you can earn lots of money as well as loss lots of money. You have to be careful while selecting stocks for investment.
Stock market can give 0-100% return. E.g Those who has invested in LUPIN in Feb 2013 they have got return of nearly 70% in 1 Year. Stock was trading at 569 Rs/- in Feb 2013 and today it is trading on 995 Rs/-.
2. Small Business:- Becoming partner in small profitable business is another quick way to double money. This option is quite risky, which can grow or blow your money.
You have to be 100% sure before investing any money in to business. Small business can give 0-100% return based on various factors.
Also Read – Simple Principal of Investment – Invest 30%
3. Lending Money:- Another quickest way to double money is to third party money lending at higher rate of interest. In this option you can double your money in 4-5 years. Many people today are ready to take money at higher rate of interest.
4. Gold & Gold ETF:- Gold is good investment option which can double your money every 3 years. From 2007 to 2012 gold has given return in range of 22-24%.
From last one year or so gold lost it shine but we still believe that gold is good investment option which can double money in shorter span.
5. Real Estate:- Real estate isanother investment option which can double money in approximately 5 years.
From last one or two year real estate market is going down but soon real estate market will boost up.
Safe ways to double your money
6. Mutual Funds:- Mutual fund investment is safe way to double money. Good mutual funds can give return in range of 10-12% and double your money in 6-7 Years.
Make sure you select good bluechip or largecap fund for investment.
7. Company Fixed Deposit:- Company fixed deposit can give return from 11-12.5% and double money in 6-7 years.
Money Casino No Deposit
Company fixed deposit is slightly risky option; do check company’s financial position before going ahead with company fixed deposit.
Also Read – 20 Investment management strategy
8. Debt Based Mutual Funds:- Debt based mutual funds has yielded 9-11% in last 3 years. Debt based mutual fund can double your money in 7 to 8 years.
9. Bank Fixed Deposit:- Bank fixed deposit offer return of 8 to 9.5% and can double your money in 8 to 9 years.
10. Bonds:- Investment in bonds can give return of 8% and double money in 9 years.
Are you ready to double your money if yes follow the fastest way to double your money given above.
Do share with your friends help them to double their money!
Nearly 100% of gamblers head to the casino with one thing in mind, and that’s to leave with some of the casino’s money in their pocket.
Sometimes, people even have the specific goal of doubling up on their trip. Doubling up takes a more aggressive approach than I would typically suggest. Still, gambling is entertainment. And there’s no doubt that going for broke will add another level of thrill to your casino adventure.
If you’re looking to spice things up and have some extra cash to blow, try these five ways to double up on your next real money gambling trip.
Sports Betting
Sports betting is becoming one of the most popular forms of gambling in the United States. As more US states move to legalize sports betting, a new wave of sportsbooks is opening their doors to punters.
Becoming a successful sports bettor takes years of carefully studying trends and decoding analytics. Even then, it’s a dicey proposition and requires at least a small amount of luck not to bust completely before you find your niche.
In order to even turn a small profit sports betting, you’ll have to win over 52% of your wagers because of the vig or juice. The vig is how the sportsbooks make their mountains of money.
For example, you’ve probably noticed that when you make a $12 bet, you win $10. That $2 is the juice, and on losing bets, the casino keeps it. By drawing even action on both sides of a bet, the sportsbooks collect $2 and use the $10 to pay winners. I only bring this up because it’s difficult to truly double up sports betting due to the vig.
You’ll typically have to bet more than you’ll win. However, if you take that same $12 and win a bet, you’re at $22. That’s pretty close, but not truly doubled up. Still, take that $12 and win another game, and you’ve got $32.
Picking winners is difficult; sports are wildly unpredictable, and even the best sports bettors in history are correctly picking winners under 60% of the time.
However, if you’re particularly knowledgeable in a certain sport and want to double your money quickly, sports betting may be your best bet. Remember to bet with your head and not your heart, though.
Stick to One Bet
Double Money Now
You’re not going to like this one at face value, but indulge me for a moment. Casino games are designed to casually reduce your bankroll to zero over hours or even days. You’ll win and lose seemingly back and forth.
You may even win five hands in a row to only lose eight of the next 10. It’s unquestionably a slow burn on the casino floor. What if I told you there was a way to double up almost half of the time you visit a casino?
Instead of taking your $250 to the blackjack table and watching your chip stack slowly whittle away to nothing, you confidently stroll up to the higher limit table and throw $250 on the table.
You’ll notice that your heart rate instantly spikes, and adrenaline begins coursing through your veins. Suddenly, you’re as excited as you’ve ever been on the casino floor. Then, BOOM! It’s over as quickly as it started. You’ve either doubled up or lost it all.
Real Money Casinos
Some gamblers consider this an extremely boring way to gamble, and they may be right in some aspects. After all, you’re certainly not going to be spending much time gambling.
Yet, I don’t know anything more exciting than letting it all ride on a single shot. You’re going to lose more than you win if you take this approach enough times.
Still, almost half of the time, you’ll be walking out of the casino with twice as much as you came with.
Casino Craps Play
Craps is a ton of fun. The excitement surrounding the craps table in a busy casino draws players in like moths to a flame. Novice casino gamblers are often intimidated by the craps table. They see a complicated table with dozens of available wagers to make and are lost.
You shouldn’t be, though. Most of the bets on a craps table are sucker bets. However, there are two specific bets on craps that have a relatively low casino house edge. Yup, I’m referring to the pass line bet and the don’t pass line bet.
In fact, these two bets are among the lowest house edges in the casino. Both are below 1.5%, and the don’t pass line has a minute advantage over the pass line around 0.05%.
If you’ve never had the courage to belly up to the craps table, I challenge you to do so on your next trip to the casino. Your fellow players and the dealers will be more than happy to show you the ropes. You’ll quickly become a proficient player and fan of the game.
Be aware that the pass line bet is the most popular because you’re betting on the player rolling the dice. Play the don’t pass line, and you’ll have less of a disadvantage, but most players will be rooting for you to lose.
Well, maybe not overtly. Don’t be surprised if you’re the target of some light-hearted jabs. Another wonderful aspect of craps is that one round may take several rolls to reconcile. This reduces the speed of the game while simultaneously building added drama.
Give craps a go on your next trip to the casino, and you may walk out having doubled your money. Make sure to stay away from the selection of prop bets!
Blackjack Strategy
Blackjack is one of the most popular casino games in the world. Many casino newbies don’t realize that it also has one of the lowest house edges in the casino. In fact, when applying the proper blackjack strategy, the house edge drops to nearly 0%. You aren’t going to find those types of odds at the roulette wheel.
Now, the probability of that happening is minuscule. However, since any particular hand results are largely random, it’s not out of the question. One incident of a heater stands out to me more than the others. This player never changed their bet amount.
Hand after hand, they simply collected their chips and left their original bet of $25 on the table. Inside of 30 minutes, this savvy bettor had taken over $500 of the casino’s money. I call them savvy for two fundamental reasons.
First, the player stayed consistent. Every single hand was the bet amount that they had clearly set as their predetermined bet amount for the session. There was no doubling down or letting it ride.
Secondly, the player had obviously set a win limit for their session. I can make this assumption based on their solid play and resolution to resist the urge to double their bet size. Heck, I was internally screaming for them to double their bet amount. However, I would rarely make that mistake myself.
Once they hit their win limit of somewhere around $500, I’m guessing, they gathered their significantly larger stack of chips and headed to the cashier.
Suppose you’ve never played basic strategy in blackjack, that’s no problem. You can pick up a basic strategy card from the casino gift shop or print one out from home before you head to the casino.
The casino won’t have any problem with you using the card at the table as long as you don’t slow the game down. It’s imperative that you use the basic strategy on every single hand. Otherwise, you’re giving about 1% of the edge back to the casino.
Which Casino Heist Gives The Most Money
All-In Poker
Texas Hold’em can be a great way to double your money at the casino quickly. In fact, there are a couple of ways to accomplish this feat.
The first and probably most obvious way to double up is by going all-in. Of course, you’re going to need the cards and fellow players to cooperate. I’ve sat in the poker room and watched players come in with the sole objective of doubling up their stack two or three times to get to the high stakes games.
They’ll wait for a fish to make a bad bet or poor call and push all-in. Sometimes, they’ll get a call and clean house.
Other times, their opponents will fold, but they add whatever’s in the pot to their chip stack. A few of these lucrative hands is all it takes to double up quickly. Still, it takes a tremendous amount of intestinal fortitude and nerves of steel.
A safer yet longer journey to doubling up is winning a poker tournament. Most casinos have several small poker tournaments every night of the week. For a relatively small buy-in, you have the chance to win well over 10 times your original buy-in.
Don’t overlook poker as a great way to double up on your next trip to the casino. Remember, you don’t have to be the best player in the room. You only need to be better than the player across from you.
Conclusion
Try out these five ways to double up on your next trip to the casino, and you may leave a tremendous winner. Of course, you could also lose it all, but at least you’ll have a blast doing it!