5 Biggest Myths About Online Gambling

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There have always been many myths about gambling and that’s no surprise. When you play casino games, you rely on luck in the first place. This, in turn, gives rise to all sorts of superstitions. Some of those are harmless, even fun. Others are misleading and should be better given up.

1. Myth: Online Casinos Are Rigged and Unfair

This myth usually affects those who want to play casino games but are concerned about how fair those games are. In reality, quality online casinos use advanced random number generators. The outcome of your gambling session will depend only on your choices and luck (more on the latter than on the former). Independent agencies regularly audit these systems to ensure their reliability.

In RollXO Casino, for example, they have both RNG-based games and those based on the Provably Fair algorithm. The latter likewise ensures that a outcomes are random but uses the blockchain technology for that.

2. Myth: You Can Predict Outcomes with Strategies

This myth is even more misleading. If you buy into it, you risk losing significantly more than you would initially imagine. As was said, casino games have complex algorithms that create outcomes entirely at random. That is especially true for online slots. You can’t choose a specific strategy there and win thanks to it. Instead, you should just rely on luck with these games but also choose the best options for entertainment, like this https://slotspeak.com/blast-off-to-cosmic-cash-an-online-slot-thats-out-of-this-world/. You can only apply strategies in games like poker. Even there, though, luck plays an important role.

For example, increasing your bet size after a loss will always fail. Remember: if the game has a random number generator, the result will be RANDOM, and you cannot change it in any way.

3. Myth: Online Gambling is a Quick Way to Get Rich

    It may seem that some games are more skill-based. For example, poker is typically considered to be such a game. So one may think that they have more control over it and thus the chances of winning are higher.

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    It’s not entirely false, but you still rely on luck there (especially if you’re up against more experienced players). You can’t do much to affect luck. But you can, at least, avoid common mistakes such as to

    • chase losses
    • place reckless bets
    • ignore the game’s rules, and so on.

    Yes, casino games can bring you cash prizes, but remember that they are games in the first place. They are here to entertain you, not to make you rich.

    4. Myth: You Have to Bet Big to Win Big

    If you bet more, you will, indeed, win more. But only if you are lucky to win. However, if you aren’t, you will lose more, too. And that’s an important thing to keep in mind. It’s really smart to envision two scenarios: the one where you win and the one where you lose. The size of the bet has nothing to do with the likelihood of any of these scenarios.

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    For example, let’s say you bet $100 on a single spin. If you win, you’ll earn more than with a $10 bet. But the chances of winning are just the same. Larger bets simply increase the stakes, so you can lose faster if you’re unlucky.

    5. Myth: All Online Casinos Are the Same

    Generalizations are never accurate. Like all businesses, online casinos differ. Some are licensed, others are not. Some focus on slots (actually most of them focus on slots), others have many table games to offer. Some are generous in terms of welcome bonuses, others give good cashback. And so on and so forth.

    The key takeaway here is to research each platform where you are planning to play. After all, you are about to spend your money there as well as provide personal info. Spending another half an hour to ensure the site is safe seems to be worth it.

    Conclusion

    So now you know what the most common and dangerous gambling myths are. If you remember that this is nonsense, you will significantly reduce your risks and will be able to freely enjoy casino games.