43 gambling myths debunked
There are many fables revolving around the activity of gambling. Many have already been around since the beginning, while some have only recently surfaced. But many of them aren't centered on truth, so we are here to debunk the most used 43 gambling myths. Let’s reach it!
General gambling myths
- Gambling can be a source of consistent income
This is one of the most popular myths about gambling. It is inspired by the success of professional players who win tournaments of thousands and thousands of dollars. As a result of that, regular players think they are able to gamble for a living, but it just isn't true in fact. Professional players occasionally win considerable amounts of money, but they then spend money on different businesses and create stable and consistent income sources.
2. You can win back the money you’ve lost on a losing streak
Although this might happen sometimes, it isn't a rule. On the other hand, usually, players lose more than they win, which actually keeps casinos running a business. Therefore , in the event that you had a losing streak, it is better to have a break than chase your losses.
3. The myth of “hot” and “cold” slots
In land-based casinos, you may hear other players say a slot machine is either hot or cold. A hot slot is the one that settled now, as the cold one may be the one that paid little. The truth is, there is absolutely no such thing because all slot machines function just as, using algorithms to provide out completely random results for each spin.
All slots are programmed to work on a principle known as Loss Disguised as a Win (LDW). This means the slot gives out fewer credits than the wager, making you think you are winning while actually losing. For that reason all slots are, actually cold.
4. Bookmakers know the events’ outcomes beforehand
While this could sound utterly insane for a lot of, some gamblers believe this really is true. Bookmakers don't have any way of once you know the end result of an event beforehand, as there are many factors that can influence that outcome.
If indeed they could know, these firms will be far more profitable. Bookmaking is like the stock market, and the lines are adjusted in line with the trends prior to the event.
5. Casino games are rigged
The idea that casino games are rigged 's been around for a long period, and we can see why. Players lose a lot more than they win, and so the only valid explanation could be that the games are rigged. Well, they truly are not, at least not in the manner you think.
All casino games have a home edge, meaning that the house always wins. This is what keeps the casinos winning, because they can't arbitrarily select the outcome of a casino game.
6. Land-based casinos keep you alert by pumping oxygen into the air
A land-based casino is a location with an entertaining vibe and a lot of energy. Most people are playing, drinking, laughing or talking. It might appear with a that people are specifically mixed up in casino, and there exists a myth that says it is because casinos are pumping oxygen into the air to keep players alert and gambling.
This is simply not true, as that could pose an enormous threat of fire, considering that oxygen can be an oxidizer, and thus it helps the procedure of combustion. An increased concentration of oxygen in the air would make things more flammable. But the origin of the myth may be a fictional novel by Mario Puzo called Fools Die, by which this situation was depicted.
7. Casinos can change a game’s outcome if you’ve been winning too much
Casinos can't pick a specific outcome for just about any of their games. All casino games are made and programmed to run complex algorithms and present random and unpredictable results everytime. The algorithms have a mathematical house edge which will keep the casino winning in the long term while also providing you with enough rewards to keep you interested.
8. Some Roulette dealers can choose when to stop the wheel
Just like the myth of the rigged games, some players have confidence in the idea that Roulette dealers can make spins predictable. That is only a myth aswell, and not just because it will be completely impossible, but as it simply does not happen and here's why.
To start with, croupiers don't have any interest for making players lose & most times, they truly are actually rooting for players to win. Second, to be able to create such strict conditions to be able to predict or select a number for the ball to land on is almost impossible. It might demand a large amount of exercise, precision, and attention. It might happen in movies, in true to life, croupiers are regular employees who would not have a hidden agenda.
9. Online casinos are created for money laundering
This myth is obviously centered on some truth. Some on line casinos in the industry aren't licensed by any regulating authority, so they may be laundering money. Nevertheless , a number of online casinos proceed through strict verifications in order to be licensed, and they're legit and safe to play at. The concept that on the web casinos are manufactured for the money laundering purposes is false.
10. Online casinos steal customers from land-based ones
Many on line casinos are web versions of the land-based gaming halls, so they have been owned by the same company. Therefore , the internet casino is just an extension of the land-based one. And even regarding the ones that are exclusively on line, they are simply catering to players that cannot or won't search for a physical gaming hall. Land-based casinos still have many clients, & most of these also play on the web.
11. You can count cards when playing at online casinos
Card counting is an approach so famous that numerous Blackjack players wished to check it out at least once. Nevertheless , this doesn't work when playing on line since the eight decks are reshuffled every hand by the computer.
12. Online games freeze if you win too much
On line casinos can't freeze a game title on demand, and if they could, it could not take their interest. If you’ve been winning a lot of, they might want you to keep playing to help you lose some of that money.
Your game may possibly sometimes freeze, however , as a result of technical problems or an unstable Web connection.
13. Progressive jackpots hit more often during weekends
Like any other slot machines, Progressive jackpot slots function on an RNG ( Random Number Generator), and they usually do not create a predictable pattern. For that reason the very fact that the slot could pay out a jackpot more on a specific day of the week is just a myth.
14. You cannot hit two jackpots in a row
Consecutive jackpots happen very rarely, but they can happen. The jackpots, much like any other winnings in the game, are awarded at random, and it’s about the chances. Nevertheless , it's definitely not impossible to hit two jackpots in a row.
Myths about predicting winnings
15. You can predict the winning lottery numbers
The capability to predict lottery numbers has only been caused by psychics up to now, and it still never worked. Lottery numbers are drawn randomly using an algorithm and therefore are impossible to predict by any human or computer.
16. You can tell if a coin toss is going to come up heads or tails
Predicting a coin toss result may be easier than predicting lottery numbers since chances are 50-50 involving the two possible outcomes. But if the coin is fair, there's absolutely no way you are able to indicate whether it will likely be heads or tails, you may only make a lucky guess.
17. You can predict winning spins from slots
Some players genuinely believe that they know a slot machine so well they can predict if it is going to shell out. Centered on this, many gamers will decrease their wager after a win, convinced that the equipment needs time to cool off before the next win. Regrettably, this really is never true as the Random Number Generator can not work on a set pattern and winning combinations might be created at any point during gameplay.
18. The “almost win” myth
If you should be a video slot lover, you almost certainly already heard that if you nearly got a winning combination, it must mean it's close. That is nothing but wishful thinking, whilst the “almost win” principle is actually not predicated on a pattern, however it happens randomly, and it doesn't mean a win or a loss will observe it. Each spin gets the same chances to enable you to get an incentive.
19. Luck changes, so you will eventually start winning
When you have played a game title for a while and also have been losing profits from your balance, you may be thinking you cannot lose forever, so a win must be just about to happen. It will be great if that have been true, but it isn't. This myth keeps players optimistic during losing streaks, but winnings are still not fully guaranteed.
20. You can notice trends to predict future winnings
As you play a game title, you could look right back at yesteryear results and notice a pattern. Then, it may seem that pattern is a hard and fast one and may want to start betting according to it. This is an error, as you are able to only begin to see the patterns created by Random Number Generators in retrospective, and there's absolutely no means of once you know if it will continue. In most cases, it doesn't, of course, if it seems like there is a pattern, it had been merely a coincidence.
Myths about your winning chances
21. Feeling lucky
While some gamblers would play every time they have the chance or the time, some are picky with the moments they gamble. They think you ought to gamble when you're feeling lucky because that's a sure sign that you will win. If you are one, we're sorry to tell you that feeling lucky has nothing at all to do with actually winning. It is, but good that you play with an optimistic mind-set, but that doesn't affect your odds of winning.
22. Lucky charms help you win
There are various lucky charms you start with the normal ones like the horseshoe or the rabbit foot, to personal ones like your lucky socks or tie. It doesn't matter what these objects may possibly mean for your requirements, having them for you may only make you feel better although not win more.
23. You have more chances to win in tournaments or promotions
You could have been advised by other gamblers to play during promotions or tournaments, as that is when on line casinos are allowing players to win more. Casinos never change their mechanics, so there is absolutely no better time than the others to play a casino. No matter when you choose to gamble or what events are happening on the platform, your winning chances remain the same.
24. Stopping the reels of a slot at the perfect time
When playing slots, you will find three straight ways to regulate the reels: activating the Autoplay feature and the reels spin and stop automatically, pressing spin and waiting for the reels to avoid, or pressing the spin button to start after which again to avoid the reels from spinning. Some players appear to think that by manually controlling the reels, you are able to raise your winning chances. You can't. In these days, the reels on slot machines are not physical, therefore the symbols are selected by the computer for each and every spin.
25. Betting on the same lottery numbers
What are your favourite lottery numbers? Can it be your birthday? Your lucky number? Aside from which numbers you like, betting the same ones every time will not provide you with nearer to the big win. For every single draw, the chances are equal for every single number, to help you pick any.
26. Positive thinking influences winning chances
Positive thinking is good and healthy for a variety of reasons. However , it doesn't affect your gambling results in any way. Still, it will always be nice hitting the casino when in a good mood.
27. Playing more than one game at a time
When playing at an on line casino, you have the option to play multiple games at exactly the same time. This might appear to be an effective way to make certain some winnings, in reality, it is not. Playing more games doesn't mean you have more chances to win. On the other hand, you'll have to split up your attention involving the two, risking losing more income.
28. You have more chances to win in a busy casino
Some players choose the time they go to the casino on the basis of the busiest hours, convinced that the actual fact that we now have more folks gambling at exactly the same time means the games will pay out more regularly. This really is wrong, as winning it�s likely that not influenced by enough time spent playing or the money wagered.
29. The more you play a game, the more winning chances you have
While this can be true for table games that also count on skill, once we are discussing luck games such as slots, that is only a myth. Even if you have played your favourite slot for months or years, there is absolutely no method of predicting its spin results or improving at it at all.
30. Counting cards is illegal
An extremely popular myth is that card counting is illegal. Even though casinos positively want you to trust that, it isn't true. Casinos discourage card counting, and they have the proper to ask you to leave and even ban you if they catch you carrying it out. However , they can not take any legal action, and you'll not face any charges.
31. You are less likely to win in Autoplay mode
Many slot machines have the Autoplay feature. This permits you to choose a number of times the reels will automatically spin for you, or you can select win or loss limits. While that is a comfortable option for you personally if you wish to simply sit back and curl up, some believe it brings fewer winnings than pressing the Spin button yourself. The RNG runs the same it doesn't matter how you determine to play the overall game, so your it�s likely that equal whether you spin the reels your self or have the computer do it for you.
32. Other Blackjack players’ decisions affect your winning odds
That is perhaps one of the most common urban myths associated with Blackjack. The fact that somebody jumping in and out from the game or employing a strategy wrong might affect your winning chances holds no truth. Even more, if the player fails to apply a method precisely, their mistakes benefit you and the other players at the dining table.
33. You cannot beat the casino in the long run
The home edge of casino games shows the house always wins and, in the end, those small wins become large sums of money. But you are able to beat the casino. You will find dining table games in which you are able to reduce steadily the house edge by using a specific strategy and some betting systems created to help you produce money in the long run.
34. Pulling the lever on a slot machine increases winning chances
Physical slot machines come with buttons and a lever, for the old times’ sake. Some players firmly genuinely believe that pulling the lever may increase your winning chances. Well, it definitely doesn't. Whether you pull the lever or press the Spin button, this course of action triggers the same algorithm, and the equipment doesn't know the big difference.
Underage gambling and addiction myths
35. If you can afford it, compulsive gambling is not a problem
Compulsive gambling is a serious problem which has nothing in connection with how much money one has. One of many negative consequences of compulsive gambling is financial problems, they might take longer to appear in some cases, but they are inevitable, even if the player are able it for a time.
36. You are only a compulsive gambler if you play every day
There are various compulsive gamblers. Some gamble every single day, however, many only gamble occasionally or impulsively. If this becomes a pattern, it really is an indicator of problem gambling, as well as if it never develops right into a habit of gambling every day, the problem is still there.
37. Most teens don’t gamble
Unfortunately, increasingly more teens pick up gambling. Although it is almost impossible for them to join on the web casinos, they find a way to access gambling halls and play there. Statistics from the Gambling Research Exchange Ontario show that up to 80% of teens have participated in gambling activities. A lot more, 0. 2-12. 5% are problem gamblers, and 10-15% are at-risk gamblers.
38. Teens don’t get addicted
People of all ages are exposed to the chance to become addicted to gambling. Teens are even more vulnerable to it because they see this activity as fun, and so they do it to have the ability to integrate different groups or make older friends. They do not realize the risk, rendering it even easier to allow them to become addicted.
39. Online casinos enable underage gambling
The actual fact that on the web casinos are accessible via mobile and desktop devices at any time and from anywhere might appear like a danger for kids and teenagers. But online casinos run strict verifications on the players to make sure all of them are utilizing their own private information and they are all of legal age. Therefore , underage gambling happens more in land-based casinos or bars.
40. Gambling addiction only affects you financially
Your money would be the first ones afflicted with gambling addiction, although not the only ones. This serious problem may also negatively impact your social life, work performance, family relationships, and over all wellbeing.
41. Addicted gamblers resort to criminal behaviour
You will find cases in which people who suffered from gambling addiction resorted to criminal behaviour, nevertheless the indisputable fact that all addicted gamblers become criminals is wrong. A lot of them are working people, and you wouldn't normally have the ability to let them know independent of the rest.
42. You cannot treat problem gambling
Battling any addiction is a lifelong effort, as somebody who is hooked on gambling will always have to prevent situations in which they could start gambling again. Nevertheless , you are able to treat problem gambling with support from the family, therapy, and even medicine sometimes. There are many alternatives for people coping with this issue, and there's absolutely no reason why they should face it alone.
43. Gambling addiction is easy to recognize
While some clear signs of gambling addiction are easy to recognize in many people, some are very great at hiding it from friends and family. On average, symptoms such as for instance exorbitant gambling, sudden financial problems, irritability can indicate gambling addiction. Regrettably, sometimes, people hide this from close ones, and it only comes out when it has gotten too much.
They're the most typical 43 gambling myths, and we managed to get our mission to debunk all of them. We have done the investigation in order to expose the fallacies and bring you the accurate information in it. Which gambling myth did you believe was true?