Online casinos are reshaping the gambling industry. Offering players a large variety of games through virtual arenas that bring the thrill of Las Vegas and Atlantic City right into your home.
Despite its popularity, there are looming concerns about online casinos. Newcomers are worried about the game’s fairness, and the security measures taken by the platforms, among other myths and misconceptions.
Today we will debunk some of the common myths associated with the $90 billion industry. This article will shed light on the truth behind the matter.
If you are a novice player looking for much-needed clarity or a professional online casino player searching for facts, feel free to read through.
1. Online Casino Games Are Rigged
This is the number one myth about online casinos. They say the games are rigged in favor of the house because they are played in a virtual arena.
You wanna know the truth?
Reputed online casinos are licensed and regulated by gaming authorities. Additionally, these companies are audited regularly by third-party entities to ensure fairness. Similar to real-life casinos, online platforms generate randomized results with the help of advanced software and algorithms.
2. There is No Profit to be Made in Online Slots
Another prevalent myth surrounding online gambling platforms is that their slots are programmed to pay out less than their physical counterparts.
However, the truth here is that online slots use a random number generator (RNG) to determine the results of a game, making them just as fair and profitable as traditional casino slots.
Interestingly enough, online casinos have a higher payout percentage than real-world slots because their overhead costs are much lower. Also, the fact that players can choose from a vast selection of games and various betting options increases their chances of winning big.
3. Online Betting is Not a Game of Chance
Some players believe they can predict the outcome of online roulette by studying patterns or using certain betting strategies. This is not the case as roulettes in both online and real-world casinos are purely a game of chance that operates on the principles of randomness and probability.
Every spin of the roulette wheel is an entirely new event that does not affect the previous outcomes. Therefore, any number on the table has the same probability of landing on every spin, regardless of what happened in the previous round.
4. Online Casinos Offer No Security
One major concern raised about online casinos is the security of the personal and financial information of players when using these platforms. That’s false!
Reputed online casinos use SSL encryption on their websites to protect players’ personal and financial data. If you want to verify the security of an online casino, check if the site’s URL begins with ‘https://’. This indicates that the SSL encryption has been added to the website.
The next step is to look for a small padlock icon in the address bar of your browser, which is a sign of a secure connection being established with the online casino you are visiting.
Reputed online casinos proudly display their gaming licenses and certifications front and center on their websites. These documents are proof that the platforms operate under strict regulations and that the games offered are fair and square.
Always take a look at the casino’s privacy policy to understand how your data is being collected, used, and protected by the agency. As an extra measure, seek out user reviews and ratings about the online casino.
Please do your research and not leave it to chance.
Discover More: 30 Best Online Casinos in Australia Ranked for 2023
5. Online Casinos Don’t Let You Win Big
Many skeptics of online casinos believe that these platforms purposely diminish your chances of hitting a jackpot or securing a significant win. However, this couldn’t be further away from the truth and it must be debunked for once and for all.
History shows that players have become millionaires playing on online casinos. In 2013, a Finnish player won $24 million on the Mega Fortune slot game. This happens to be one of the largest recorded wins on online casinos. Similarly, in 2015, a British player won $17.2 million playing the Mega Moolah slot.
Maybe you could be the next big winner in the online casino.
Discover More: Is TG Casino the Next Rollbit? TGC Token Hits $3.5M In Pre-Sale With Players Wagering Over $38M
Final Thoughts
It is important to separate the truth from the fiction but gambling is one area where being responsible is crucial.
Set a limit to your betting, stick to it, and never chase losses. Never bet more than you could afford to lose. The goal is to play and enjoy the game.
