15 Common Gambling Myths

1. Online Casinos Are Fixed

One of the most common myths of all time is that online casinos are rigged and no matter what game you play, even if you do win, the casino will not pay you out. Now, while this is true to an extent, it all depends on the casino the player has selected. There are blacklisted casinos, and reputable casino forums will give you this information. However, should a player choose to sign up with an unlicensed casino, there is no promise that it will, in fact, payout. For this reason, players are encouraged to choose reputable online casinos that come recommended as they are not rigged and do payout. Licensed casinos are frequently audited to prove they payout and meet the licensing body’s standards in order to maintain their license.

2. Popular Slot Games Don’t Payout

It has been rumoured popular jackpot slot games such as Mega Moolah, Wacky Races slot, and Mega Joker, don’t actually payout. This myth has been proven null and void since the popular slot games have been designed and developed using RNGs (random number generators) and payouts cannot be predicted. This means that if a player is lucky enough to land a winning combination, the game pays out regardless of the player. It has been designed by leading gaming developers that have obtained respect and appreciation within the realm of the iGaming community.

3. Continue Gambling, Eventually You Will Win

This is not true. The biggest win payouts have been to players that know when to stop, gamble responsibly, and understand their limits. Yes, if you are playing a jackpot slot or sitting at the blackjack table, the longer you play and monitor your bankroll, chances are it may pay off. However, this isn’t a fact and lady luck isn’t always on the player’s side.

4. Winning Slots Will Stop Paying Out

Many novice players believe that if you win too much, the game will eventually stop paying out. Because top slot games, for example, Wolfs Gold, are developed using random number generators, there is no definite way to prove that it will either stop paying out or formulate another win. It is unpredictable, and if you are lucky enough to keep spinning wins, then it is your choice to stop or go. All wins are at random.

5. Online Casinos are Unlawful

Even if online casinos are not lawfully allowed to be created and operated from the country of origin, there are ways of obtaining offshore licenses, such as Curacao. However, most countries are beginning to change gambling legislation laws and additional online casinos are obtaining licenses from the UK Gambling Commission or Malta Gaming Authority, and other internationally recognized gaming regulatory bodies.

6. Paying Slots are Situated Near the Front and End of the Casino

Again, there is no way to tell when a game will pay. However, the myth stands that land-based casinos decoy players by setting up winning slot machines to further lure them into the casino in an effort to take the player’s money. Let’s face it if you win you win. You are lucky and the odds that you will win playing the furthermost slot machine is exactly the same as when you walked to the first slot game.

7. Gambling Cant Make You Rich

If you have ever watched the World Series of Poker (WSOP) you will know, playing professional poker, especially Texas Hold’Em, can make a millionaire out of you yet. However, it costs to buy in and the chances are slim. Yet, there are players such as Daniel Negreanu that play poker professionally and have made a fortune at various poker events. In fact, Negreanu has even written several books on it.

8. Gambling Isn’t Addictive

Whether you play at land based casinos or online casinos, you can quickly find yourself in a situation that requires professional rehabilitation. This is because players can either chase the money they have lost or chase more winnings and eventually lose everything. This is why reputable online casinos support responsible gambling and allow players to set limits on their accounts. You must always know when to stop. The thrill of winning can be overwhelming and you may try to replicate this feeling by going out of pocket.

9. Other Blackjack Players at the Table Cause You Losses

Some beginner players believe that the bettor sitting next to them is the reason for their loss. This is mainly because it is believed that the players on either side are making bad bets and therefore you are losing. This is a gambling myth solely because the cards are random and you are the one in control of placing your own bets.

10. The Player After Me Won My Jackpot on the Next Spin

First, it isn’t your jackpot. Let’s look at the scenario. You got up and another person sat down, made a deposit, and won the jackpot. Just because you didn’t hit spin on the next round doesn’t mean that the jackpot would have paid out at all. How a random number generator works is as follows; it is a computerized program that formulates winning

11. Gambling Techniques Work

While this may be true to an extent, it mostly isn’t. Casino gambling is a play of chance, there is no system that guarantees a win. However, if you use a system to understand paytables, bets, rules, and the like, then it will. But if you apply a technique to every variation of a casino game, the results will always vary.

12. My Loyalty Points/Card Changes My Luck

Loyalty cardholders or online loyalty members may believe that when they utilize their points, the casino picks up on them and generates a loss. Both online and land-based casinos have no reason, nor do they have the ability, to change how a game pays you back or manipulate the payback percentage. Besides, they wouldn’t want to! Loyal members keep coming back and the casino appreciates this fact. You can find proof in the incentives and rewards these reputable casinos offer their loyal members.

13. I Won So I Will Win Again Soon

Just because you have won once doesn’t necessarily mean you will again. The future cannot be predicted by the past. So, always live in the present, especially if you find yourself in a position to place real money wagers.

14. Land-Based Casinos Payout Better than Online Casinos

This is a myth. Over the years online casinos have become popular. Some might even say, more popular than brick-and-mortar casinos. This is because players are introduced to welcome bonuses, no deposit bonuses, a multitude of banking options, and overall…some of the greatest perks of all time. In fact, some land-based casinos have created online casino sisters so that their brand can expand and become even bigger.

5. Dealers Can Cheat Me Out of Winning

Although in theory, this is true, they are in control of the table, however, modern technology monitors these tables and dealers so close that in no modern world would this happen. The dealer would immediately be removed from the premises and lose all credibility at every other casino in existence. Players are known to tip the dealers, therefore lending a trusting air to the game every time.

So as you can see, there are more myths than truths and the reality is, don’t shy away from casino gaming based on old wives tales. Rather debunk these myths by trying your luck at either online or land based casinos!