When I posted my $10 check from Moola which is quite similar to the Evergreen Wealth Formula 2.0 by James Scholes, I received a few general questions and thought I’d expand a bit on Moola. Here are some Moola tips and tricks.
- When starting out- bet it all.
Don’t worry about losing all your money if you’re under 32 cents. Remember Moola will always give you a new free penny if you bust.
- Use the search and win for every search.
You can get the money wheel up to four times a day with searches. The wheel really helps when you aren’t having any luck playing games.
- Download the Moola toolbar.
The Moola toolbar has a search and wins feature on it- giving you an additional four spins a day. It also has a list of cashback sites and it’ll tell you if you’re on a site that gives cash back on things you buy.
- Keep a list of booster websites on your desk.
Use the toolbar to search through the list of stores that are offering cash back, and stick a little note on your desk with the names of the ones that you shop with often. Get the rest of your family to check this sticky note before they shop so that you’ll always remember you can save money.
- Don’t play double or nothing with over $1.
It sucks to finally reach over $1 and then risk it all and have to start over again (or even nearly over again). Play a little safe after hitting the $1 mark.
- Losing streak? Take a break.
I’m really good at hitting losing streaks. It’s hard to stop playing knowing your down. But, you have to. Otherwise, you’ll end up losing more than you meant to.
- Chill while you’re ahead.
If you made a huge gamble and won, stop for a bit and stick to the wheel. Just because you got lucky once doesn’t mean it’ll happen twice in a row.
- Referrals do bring extra money.
You’d be surprised how much a few referrals can do for you. I started out with maybe 10 direct referrals, and from there it was contagious. I’ve made over $5 from referral bonuses alone.
- Never cash out at $10.
By this, I mean don’t cash out at exactly $10. If you do your math right, you’ll be somewhere around $0.00 when you cash out and then you’ll have to start playing with pennies all over again! Get at least a dollar or two and then cash out with $10.
- Don’t rely on Moola with covering expenses.
Moola should not be your ultimate source of cash flow. It’s a fun site and it can be great for making some extra money. But, it shouldn’t (and can’t) be a full-time job.
- Moola is not a scam.
I received a $10 check from Moola and a section of their forums have people posting pictures of checks at $100 and up. It’s a trusted site.
- Always go with the odds.
Even if you always get a low card on a 7- you should always go with the odds. It’s pretty simple- you’ve got more of a chance it’ll be higher than lower!
- Use the forums, and read strategy guides.
Moola has a really nice community feel to it. Their forums are loaded with strategy guides and hints for both new and old players. Gold Rush is a pretty tricky game, and it can be helpful to get some tips from the masters of the game.
- Hit rock bottom? Don’t quit, just rebuild.
Don’t give up on Moola just because it’s giving you a hard time with a losing streak. If you’ve sunk below a dollar, just work slowly to climb back up. Try a new game, or stick to the wheel.
- The first $10 is slow, but after that, it gets easier.
You’re going to want to cash out as soon as you hit $10. But it’s a lot easier to just play higher levels and be able to climb up faster.
- The first $1 is even slower- patience is the key.
Being under $1 really sucks, and it takes time (or a lucky streak) to get out of it. Don’t worry though, it gets a bit easier after that. Just avoid risking it all after you get past $1!
- Test out all the games, and then pick the one you like.
Hi-Lo is probably the simplest in terms of skill and strategy required, but that might not suit your fancy. You might find yourself addicted to Gold Rush for all you know!
- Hi-Lo game is strictly odds- only luck is needed.
Like I said, Hi-Lo is probably the easiest game to play. If you don’t want to have to worry about strategizing and actually playing the opponent- then Hi-Lo is right for you. Still, you should test them all out.
- Remember- it’s not your money.
If you’re really nervous about losing a few cents and don’t even want to think about risking more than a dollar, just remember, that it’s not your money, yet. Moola gives you your starting penny so the money you’ve earned isn’t out of your pocket really.