Gambling has grown in popularity in recent years, specially playing online. Still, for those new into gambling, this world can be a to some extent overwhelming place. Unsurprisingly, players want to understand if they are playing a fair game when they are parting with money.
There are certainly some horror stories around when it comes to dishonest actors showing unlawful activities under the guise of being a gaming platform. This is why the players do research and pick a trustworthy casino before you start betting with real money. By the way, never forget that special casino design and lots of legal plans are there to make host sure that at the end they are winner while for players aim of gambling is to have fun.
When all’s said and done, and you want to get on the gambling bandwagon, we recommend you to pick the best. In addition to selecting a good casino, you must be mindful of some basic facts and myths before getting stuck in.
Facts & Myths in Casino World
Casino facts
There are numerous facts out there in world of casinos, here in the follow we handpicked some essentials that every gambler should understand for sure.
Slot machines must pay out at least 70%
As soon as you start playing slots, you might notice the initials RTP popping up a lot. RTP stands for Return to Player and mentions to the money that is anticipated to be paid out in relation to player stakes.
For instance, the UK Gambling Commission has stated that the minimum RTP must be set to 70% at all online casinos. This means for every GBP 1 spent, 70p must be paid out to gamblers on average.
There are trendy players who just want to have fun, which is cool, but if you mind then you will realize by practice that most of slot games are staying around 96% when it comes to RTP terms, so in the real-world you can consider this as a norm. By the way, there are other consepts you need to consider, such as: Jackpot, Wild, Free Spin, etc.
Playing poker is a lucrative second career option
Even though we aren’t recommending anybody to give up their day job, there are more than a few cases of people who’ve made successful second careers from playing pokers.
Noteworthy examples include Teddy Sheringham, a former Manchester United and England striker, who is said to have made over GBP 330,000 playing poker and Victoria Coren Mitchell, a writer and broadcaster who is the first-ever two-time winner of the prestigious European Poker Tour trophy.
With that being said, before you quit your job and head down to the casino, think of these examples are few and far between. What’s more, in many cases, they not only had the skill but the luxury of a financial safety net to fall back on.
Skill and strategy are important
Numerous people will say that winning the type of games you play at a casino is down to luck. Nevertheless, studies have revealed that card games like poker and blackjack will give you better odds if you can employ a degree of skill and strategy.
While this doesn’t always mean you’ll take home the jackpot, you are more likely to enjoy the game if you know what you are doing.
The first casino was in Italy
At what time we think of casino destinations such as London, Macau and of course, Las Vegas is what comes to mind. But in fact, the institution known as a casino initiated in Italy.
The word ‘casino’ derives from the Italian word ‘casa’ and was developed to describe a variety of games houses and social clubs.
The record win on an online slot machine is EUR 17.8 million
There are lots of slot fans when it comes to the joy, and moreover, slot games can really make you a fortune.
Believe it or not, six-figure payouts are probable when playing slots. A gambler from Finland set the current record of a whopping EUR 17.8 million win was set in 2013 by a player from Finland.
For a better understanding, its good to watch the following video and learn about the slot machine which is very similar to the online slot games.
Casino myths
There are lots of myths, rumors, tale and stories amongst gamblers which you will hear, let’s take a look at some of common ones.
The whole system is rigged
On one occasion you enter into the gambling world, you will to be expected overhear people say that casino tables or slot machines are rigged, so the casino at all times comes out on top.
Despite the fact that this kind of terms may have been the case decades ago, when people played on machines that were easy to tamper with, rigging a game is much harder in this modern digital age. The gambling industry is heavily regulated, and independent game labs regularly audit licensed casinos to ensure that every game is truly random.
Casinos pump out oxygen to keep players awake
This is perhaps not something you need to concern about if you play your slots online, but a famous urban myth worth debunking nonetheless.
Many people believe that casinos secretly pump oxygen into the building to keep players attentive and wanting to play. This is purely not true. It would be in violation of health and safety regulations as it could lead to potential health complications. Sure, casinos may turn up their air conditioning, but that is about as far as it goes.
You will always win eventually
A common mistake that gamblers make is have confidence in the gambler’s fallacy – that they are due a win at some point.
For example, by playing a game that gives you a 20% chance of winning, you should win after five consecutive rounds. This is just not the case for the reason that in reality, each round is independent. Even if you were to keep gambling until you won, chances are you’ll go home at a loss.
Following trends will lead to success
As is the case with stocks and shares, people develop trends based on a game’s past performance and use these statistics to predict future payouts.
While this is thinkable if you have a good mathematical mind, the difficulty lies in ensuring the trend is correct. The fact is payouts are random, so while a trend may be correct in theory, the chances of money falling through the roof is probably more likely.
The house always wins
Although the house edge proposes the casino always wins statistically, this only applies in the long term. This doesn’t mean you won’t finish your night with a profit.
Unquestionably, a little beginner’s luck might be involved – for instance may take a look to: How to Boost Your Luck by Chinese Feng Shu – but it is intelligent for beginners to read a little about game strategy before getting started. If nothing else, this will add to their pleasure.
Final thoughts
In brief, we’ve exposed some of the most common myths about gambling, but there are masses more out there. So, be sure to question what you hear and do your research, but most of all have fun!
Once more, always play responsible. Gambling responsibly means taking breaks, not using gambling as a source of income, only gambling with money that you can afford to lose, and setting limits for yourself (both with time and money).
Wish you luck!
Leylaj Magazine
