Online casino facts and myths explained

These are some of the most popular misconceptions regarding online casinos.

In Summary

• Today, the online casino sector has evolved to be one of the largest in the internet world.

• Gamers have a variety of concerns, with some plainly scaring those more than others.  

A user playing poker online
Image: /COURTESY

Today, the online casino sector has evolved to be one of the largest in the internet world, yet many individuals still don't play at all or play with apprehension. These people fall victim to some of the most popular fallacies regarding online casinos. We are here to help individuals still sitting on the fence as well as those who play under the cover of a conspiracy theory, make sense of it. These are some of the most popular misconceptions regarding online casinos.

Myth #1: Online gambling games are rigged.

This is one of the most common casino myths. Many players assume that because they are not seated in front of a dealer or in a physical location at a slot machine, the games are rigged in favour of the house. This casino myth is completely false. The truth is that players are more informed than ever before, and online games give game history, allowing those interested to run outcomes through an algorithm to determine if there are any deviations from the average game chances.

Today, it would not be in a casino's best advantage to try to rig the games in their favour. With the way information spreads these days, any negative news might damage a firm in a highly competitive market. As a consequence, websites go out of their way to ensure that gamers are comfortable with the games they are playing. Casino software providers invest thousands of dollars to have their games evaluated for accuracy and dependability, and passing grades are frequently celebrated in public so that everyone may see the results of the audit.

Myth #2: Online gambling increases the number of underage gamblers

One of the main worries that many watchdog organizations had when online casino companies first appeared was how to prevent underage gaming. Instead of needing to come into a live casino and provide identification before playing a game, a kid may conceivably sign up for an account and play for real money from the comfort of their own homes or mobile devices.

This, once again, is a pure myth. To begin, all casinos need players to deposit funds into their accounts via credit cards or other methods, and in many cases, ID must be validated in order to make a deposit in the first place. Yes, a youngster may swipe a parent's credit card, open a bogus account in their name, and make a deposit, but these instances are extremely rare.

Myth #3: You can count cards while playing online games

 Card counting is an excellent strategy for gaining an advantage over the casino. Casinos, on the other hand, take precautions to prevent this from happening, and if caught in the act, the casino reserves the right to evict the offender and bar them from returning.

Card counting is not an issue for online casino operators because it is nearly impossible. Most blackjack games, you see, have a shoe with 6 or 8 cards in it. When you play at a land-based casino, the shoe is nearly split in half, so even if you count the cards, you will never reach the end of the shoe where you can take advantage of it the most. When you play online, the cards are shuffled — all eight decks – before each hand since the computer can do it fast. As a result, every hand you play is effectively the shoe's first hand.

Myth #4: If you win, you'll never get paid

It's easy to feel scared after hearing one report of a player who wasn't paid by an online casino. This is not to suggest that some people are taken advantage of by casinos for various reasons — for horrific specifics, read our list of rogue casino operators. However, with millions of people playing casino games online all over the world, the amount of people who are duped out of their money is a relatively small fraction.

True, a casino will do everything possible to keep your money in your account - extended waiting periods, documents that must be scanned and sent in to authenticate identification, etc but that is no different from someone offering you a free drink or meal at a live table. Finally, if you want your money, you will get it. However, we always recommend that you only leave an amount on your account that you are willing to lose if the casino is forced to close.

Myth #5: You will never receive a bonus

While all online casinos provide large incentives to depositing players, we frequently hear concerns about how difficult it is to obtain bonuses. This leads some players to believe that you simply cannot get bonuses the way they are set up and that they are all a hoax.

We can tell you that the majority of these bonuses are not a fraud. The only bonuses that we believe are too good to be true are the big first-time deposit incentives that provide thousands of dollars in extra money. When it comes to promos, most gamers fail to read the terms and restrictions. There, you'll frequently discover the true reason incentives appear tough to obtain — they're generally weighted toward games that benefit the house, like slots and keno. In games like blackjack, there aren’t enough margins to allow everyone to receive bonuses at the same pace — the casino would lose too much in the long term.

As you can see, gamers have a variety of concerns, with some plainly scaring those more than others. While there were some unsavory individuals and business practices in the early days of the online casino sector, these are now legitimate e-commerce firms with the possibility of licensing, auditing, and other methods of making players feel more comfortable at the tables.

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