We know that the online casino industry has many misconceptions that are attached to it. Whether or not these myths are a reality make all the difference to just how safe or rewarding playing casino games can be.
The world of online gambling, casino games, and even land-based casinos has come a long way since its conception. As gambling regulations are established and laws become more stringent, it’s easy to see that many concerns about casinos are nothing by but a myth.
Let’s take a look at the most popular “myths” and debunk them to put your mind at ease.
Myth #1 – All Casino Games are Rigged
While it may be frustrating when a losing streak drains your bankroll, it doesn’t mean that online casino games are rigged. In fact, it’s the complete opposite. With regulators such as the UK Gambling Commission and the Malta Gambling Authority keeping a keen eye on how casinos and software providers operate, games are tested on a regular basis.
Third-party companies have been created to ensure that casino games are fair and payout as they should. No more or no less than they have been designed to do. You can rest assured that all of the online casino games you play by trusted software providers at licensed online casinos are safe and fair.
Myth #2 – Past Results Can Predict Future Wins
Unfortunately, no matter how many times you’ve won while playing blackjack or roulette, casino games are based on pure luck. Yes, while certain casino games may take some skill to get the most out of a bet or hand you’re played, only Lady Luck can truly determine who wins or loses.
In games such as roulette, where the random outcome of the ball is what determines the winner, this couldn’t be truer. Random results are what make casino games such a gamble – but it’s also what provides a lot of the fun.
Myth #3 – Betting Systems are the Key to Winning
The online casino industry is filled with betting systems and “experts” who insist that betting systems are the perfect way to make yourself a winner. While certain steps can be taken to get the most out of your bet and make your bankroll last longer, betting systems are no guarantee of landing a win.
Depending on the betting system you choose to incorporate into your gaming session, you could end up walking away with a much lighter bankroll instead.
Myth #4 – Online Slots Pay Out in a Rhythm
While it’s true that all online slots pay out eventually, there’s no way to determine when or how that will happen. If a certain online slot hasn’t paid out in a while, it doesn’t mean that you can force that win by playing it more. When outcomes of a slot are determined by random outcomes, it’s impossible to guess what it will take before a big win lands. Instead, be patient and play responsibly.
Myth #5 – Online Casinos Never Pay Winners
We can with certainty that this is 100% not true. All trusted, licensed and regulated online casinos are required to pay out winners if they meet the standards set out by the regulator. While there may be some paperwork involved, online casinos worth their salt pay out their winners as quickly as possible.
It’s because of this that it’s so important to choose the right online casino. We have a long list of reviewed online casinos that can be trusted but not all casinos are created equally. If you find that an online casino has been blacklisted or has a bad review, steer clear to be safe and keep your money and information safe.
Myth #6 – Certain Slots Never Pay Out Jackpots
All online slots are created with an RTP percentage. RTP or Return To Player, is the percentage that determines how often an online slots pay outs across its lifetime of spins. This is entirely hypothetical and can range from 92% to 98% depending on how generous the provider is feeling.
While this number is hypothetical and cannot truly be tracked, it does give players an idea of what to expect when it comes to winning. A higher RTP means there’s a better chance of winning, but this could be over a long period of time. For instance, if a slot has an RTP of 94%, it should pay out $94 for every $100 bet over the game’s lifetime.
Statistically, all online slots are designed to pay out wins. This is what makes them entertaining and rewarding for players who bet.
Myth #7 – Online Gambling is Illegal
Depending on where you live, this may be true. However, many countries around the world are starting to embrace legal gambling practices and putting regulators in place to keep gambling safe. While this doesn’t mean that online gambling is legal everywhere, the chances of finding legal gambling sites in the country you live are better than ever.
If you find yourself in a country where online gambling is legal, make sure that you play at a safe and licensed online casino for the best possible experience. There are many online casinos that offer their services to players in countries where gambling online isn’t legal. This is unsafe and means you’re playing without any protection.
Play Safe, Stay Safe
The online casino industry is simply a part of the entertainment industry. This means there are rules and regulations that must be met to keep players like you safe. Playing at a safe online casino means you should have a fun and rewarding casino experience and that’s why we want to make sure that you’re always in good hands. Trust our GamblersPick Select casinos for the best experience possible.