Lottery - One sure fire way to improve your chances of winning

As part of the Cash Labs Lottery experiment I have been looking for ways to improve your chances of winning on any lottery (as most lotteries have the same structure).

Now let me tell you there are hundreds of people out there who will claim to have the winning formulae for guessing the right lottery numbers. From services that you subscribe to which ask you to fill in details about the draw and then generate you a number to other services that will predict the correct lottery numbers based on historical data and number frequency.

Some people believe that scanning historical data and comparing the frequency a particular number occurs along with understanding which machine was used to dispense the balls (some lotteries randomise this) is the best way to get winning numbers.

Well all that said, I have my own theory and here it is:

Firstly, lotteries (if not rigged) ARE COMPLETELY RANDOM! You cannot predict an outcome of something that is random and not calculated from some base algorithm. However there are a few sure fire ways to improve your chances of winning the lottery, here are a few:

• Buy More than 1 line or ticket - This may seem obvious but seriously, if you are going to play the lottery, try only play every second week but when you do play play as many numbers as possible, this instantly improves your chances of winning!
• Join a syndicate: There is a reason that most big lottery winners are part of a syndicate. Why does this work? see the point above. Sure you may ultimately take a smaller cut but your chances of winning are much bigger.

The Cash Lab experiment on lotteries wont end here, we have more coming soon from the lab.

Remember, more numbers, more chance
The prof

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Lottery - Gettings Started

Ah, the lottery, poor mans poker someone once called it. Lotteries will be the next experiment in online profits here at the cash lab. While the your chances of winning the lottery of pretty slim, there are still plenty way to not only improve your chances of winning, but to also make money from selling lottery tickets.

In recent months the Internet has seen a barrage of lottery scam emails. A lot of these have seemingly originated from the Netherlands notifying you of your million Euro winnings waiting to be collected. It's a good ploy, most of us can only dream of such instantaneous wealth so are quite easily lured into whatever scam follows submitting your details to one of these scammers.

So, not being in the business of scamming people, but rather looking for ways to profit online, lets get started with this next experiment. Here is the plan:

• Search for ideas around improving your chances of winning the lottery
• Search for lottery affiliate programs

Once I've completed the steps above, I'll be back with the rest of the plan.

You Gotta Be In it to Win It!
The Prof

Casino Affiliate - Getting Started

So, I mentioned before that I am a web application developer by profession and have been for the past 10 years. Well at least half of that time was working for one of the largest developers of online casino gaming software. Why am I telling you this? Well the next Cash Lab experiment is centered around the online casino gaming industry.

Next to the sex industry, Online casinos generate more money on the Internet than anything else. Owning an online casino is a very expensive and risky business, expensive because licensing the software costs millions and risky because there is lots of competition.

The easiest way to get a piece of this massive pie is to get involved as an Affiliate. Affiliates are the online casino owners best friends and are responsible for generating players. If you are a good affiliate, expect the casinos to treat you well, I mean like pay for you and your family to go on overseas holidays, buy you cars etc. Seriously, good affiliates keep casinos ticking.

This is going to be a two phase experiment.
So here is the plan for the first phase:

• Find a casino that pays really good affiliate commissions
• Find a unique selling point
• Purchase some advertising space online
• Send referrals directly through to the casino from the ads

Here is the second phase plan (dependant on success of first phase):

• Sign up with another 4 casinos
• Put together a web site promoting each casino in terms of what they offer
• Find ways to drive traffic to this website
• Send referrals to the casinos from this site

Come on, lucky number sevens!
The Prof

ClickBank - Products Chosen Site Done

Right, so I have registered at ClickBank and chosen the product which I am going to initially promote. Choosing the right products, although I have never done this before, was pretty straight forward, basically search for the highest ranking products by Conversion rate and get those.

So what is the product? Well basically I will be promoting 3 different "Paid to Take Survey" programs. Ok, so they are not exactly products but they offer people a quick and easy way to make some extra cash by participating in online surveys, sounds good to me, although I personally can think of more prductive thiings to do with my time than take surveys, like writing this blog for instance ;)

Here are the products, why not try take a survey. Remember because I am promoting these products through click bank I am earning a commission whenever someone signs up and takes a survey. (So sign up using the links below) and contribute in a small way to making this particular experiment a success.

Paid For Survey Program
Survey Scout
No Name Brand

I have created a website which soley promotes these survey programs. I am now off to start generating traffic to the site. I'll be back with more info on that later.

Later
The Prof

AdSense - Ready to Rock

Right, so as you can see (on the right hand side of the page) I have managed to setup some AdSense ads. It's was pretty easy as I already had an AdSense account which I use for another business of mine but If you dont already have an AdSense account, it appears that creating one, in particular creating one for a Blogger blog is dead easy.

Blogger belongs to Google so does AdSense so I guess the ease of integration between the two is to be expected. When I first started the Cash Lab blog I was using WordPress.com which I later discovered do not support using AdSense on their hosted blogs. Bit stupid if you ask me. I mean, I like most Bloggers, enjoy writing and sharing with our readers about things we know alot about, but we also need to pay the bills.

Here are a few AdSense tips for you:

• If you want Adsense on your hosted blog, use Blogger
• Dont ever click on your own AdSense ads, firstly it's unethical and secondly Google is not stupid, they see coruption coming a mile away and will close down your AdSense account in a flash
• Try make the AdSesnse ads blend in with your sites design, if the ads look less like ads and more like part of your sites content, your vistors are more likely to click on them.

As the AdSense experiment continues I will keep posting more tips.

The Prof

AdSense - Getting Started

The Cash Labs blog (what you are reading now) is an experiment in itself. This particular experiment is all about generating online profit using the Google AdSense program.

Now if you don't know what Google AdSense is then I can pretty much guarantee that it has touched your life in some way. To get a full explanation of the program go here, but in summary, when you search on Google and see the “Sponsored Links” appear down the right hand side of the search results page, those of advertisers who pay for their ad to appear there through another Google program called AdWords.

Now AdWords advertisers can choose to have those ads displayed on other websites that have relevant content. Those other websites subscribe to the AdSense program and earn money whenever someone clicks on an ad displayed through the AdWords program on their site. Confused yet?

Here is my plan (should help make things clearer)

• Sign up for a Google AdSense account
• Find out how you display AdSense ads on a Blogger blog (the one you are reading)
• Hope that the content on my site produces high paying ads
• Hope my readers find the ads interesting and click on them
• I make money each time someone clicks on one of the ads

Sounds pretty simple, lets do it!
The Prof

ClickBank - Getting Started

Right, so today I kick-off my first experiment in on-line profits. To be honest this is not my first time attempting any sort of on-line business, in fact I have spent a significant part of my working life making other people wealthy.

The first experiment I will be working on is something that I have in fact had very little exposure to, ClickBank.

Basically ClickBank is a company which re-sells digital products online for vendors through a network of Affiliate marketers. You can check out the full description of what they are here, but to some it up, lets say you have a product to sell, you would sell it though ClickBank by offering a commission on each sale to the ClickBank network of Affiliates who will in turn sell your product through there own website.

Now here is my plan:

• I am going to register as an affiliate on ClickBank
• Find what looks to be a good selling product or products
• Put together a web page to market the product
• Come up with a plan to generate traffic to the page mentioned above

Here goes…
The Prof

Inroduction to Cash Labs

So, what is Cash Lab? It’s is simple really, Cash Labs is a web log carried out by myself in an attempt to create a publicly accessible diary of the experiments I will be carrying out in an attempt to discover how best to generate profits on-line.

There are hundreds of on-line business models all creating millionaires and also creating a lot of time wasting for those that are ultimately not so successful. I am in the fortunate position to have been a professional web application developer and architect for the past 10 years.

I plan to use this experience along with the internal drive I have to eventually find myself in a position where I am able to generate profits on-line in a consistant stream and ultimately ending in some sort of financial freedom that i believe most people desire.

Join me, join in.
The Prof