The internet gambling market is one of the fastest-growing in the world, with predictions indicating over $153 billion by 2030. Despite the leaps the industry made to where it is now, skeptics never lack. From the day the first online casino launched, the sector has had to deal with a lot of misinformation. iGaming is plagued with many myths, mostly born from a poor understanding of how everything works. Others are due to the fear some people have about gambling in general. Myths are not uncommon, almost every industry has them. The problem is that some of the misconceptions out there make it difficult for inexperienced players to immerse themselves fully into casino gaming.
If you are new to internet gambling and come across some of these notions, it might be hard to be objective. Some myths are so rampant that it is easy to believe they carry a degree of truth. The doubts they cause can affect how you behave on gambling sites. A short session playing slots can have you questioning every move and every click, which takes away the fun. For this reason, knowing what to make of popular online gambling misconceptions is essential to becoming a successful gambler. This article helps with that.
You Can’t Win in iGaming
Some people believe winning in online casino games is too good to be true. Sceptics claim that operators rig particular games to allow specific players to win and use them to lure more gamblers. While dubious casinos are not beyond manufacturing winners for advertising purposes, it’s not true that winning is impossible. Every casino game gives the player a certain winning probability. Some options provide better odds than others. Therefore, depending on your luck, you could get a decent amount when gambling online. In some cases, you might need to apply a basic strategy to enhance your chances, but the possibility exists.
The phrase ‘the house always wins’ doesn’t mean players walk away with nothing. It implies that, in the long-term, regardless of whether you win or not, the casino always makes a profit. The business model is structured to give the gambling site a specific advantage in each game. However, it doesn’t mean every time you bet on the Stake Mines title you should expect to lose. Learn about the house edge, odds and other aspects that influence your winning probability.
Card Counting is Illegal
Gambling operators may frown on it, but counting cards is not illegal. When searching for ways to gain an edge in casino games, card counting comes up often. It’s one of the oldest strategies of advantage gambling. If you can get the hang of it, counting cards helps you track the remaining cards in a deck, allowing you to make an informed decision about subsequent moves. The technique mainly works for blackjack. For years, gamblers have been making money at casinos using this method. So, operators began implementing measures to counter card counters. However, the betting strategy is not prohibited.
The issue with counting cards is that it works best in brick-and-mortar casinos where you can see the cards and monitor them. In online games that use multiple decks, tracking cards is impossible. It is probable in single-deck variants, but, even then, it takes significant effort. Therefore, although card counting is legal, it may not give you the edge you seek when gambling on classic casino games.
Dealers Affect Game Outcomes
This misconception is popular in traditional casinos. Some players look for excuses to justify their losses, and blaming the dealer is a favourite. Accepting that you lost is not easy, especially when you have sunk huge chunks of cash. So, shifting the blame is one way to cope. The habit has become so widespread that newbies take it as gospel. When gambling on live dealer games, you might be tempted to believe the same thing; don’t. Studios hire professional dealers who are trained on how to run different games. They have rules and codes of conduct.
Even if you are not in the same room with them, you can be confident about the standards observed. Regulated developers also have independent testing to ensure all products, including live titles, are fair. Regular audits guarantee games have not been tampered with in any way. However, you can only be sure of the game quality if you play at licensed gambling platforms. Always remember that the dealer’s actions have no bearing on how a casino game turns out. So, switching tables to get a different dealer doesn’t change your luck.
Slots are Due to Pay Out
One misconception the gambling industry has never gotten rid of, even after years of debunking it, is that games are ‘due’ after certain results. Some players believe if you lose continuously, you should keep playing because you are about to win. This thinking is flawed and is referred to as the gambler’s fallacy. Many players have lost considerable amounts of money because of this notion. The gambler’s fallacy dates back to 1913. You can find out more about its origin at the Monte Carlo Casino.
The fallacy chiefly applies to virtual machines. It’s the belief that the probability of future results depends on a series of past outcomes. It’s not how gambling works, though. Just because you are on a losing streak doesn’t mean subsequent results will be different. The odds of a casino game don’t change depending on past outcomes. Every gaming round is an individual event with random outcomes, and your luck doesn’t shift based on past activities. Thus, avoid falling for this type of thinking because it could cost you money.
The online gambling industry never runs out of myths. When some get successfully debunked, others seem to poo right up. Depending on how deeply entrenched a misconception is in the sector, it can gravely impact players’ experiences. Therefore, knowing how to separate the truth from the lies is critical if you are to have a rewarding gambling adventure.