There are myths and misconceptions about most things in this world; usually generated by an old wives' tale or an ancient story, these misconceptions cause many people to make mistakes. In this article, we take a look at the common myths around online gaming and provide accurate information to help you make informed decisions.
- Online casinos are not regulated – While there might not be a global regulatory body for online casinos, each country has its own set of laws, which casinos must adhere to. Governments issue online gaming licences to registered casinos and it is quite easy to check whether or not an online casino has a gaming licence. Basically, wherever the location of their servers, the casino is bound by the laws of that country.
- Online casinos don’t pay out on big wins – When an สล็อต pg player hits the jackpot, this news is broadcast within the gaming community; from a casinos point of view, it is important that players can see the jackpot winners. For a single $5 spin, you could become an instant millionaire; the slot is programmed to pay out at least 95% and no one knows when the jackpot drops, you could be in the right place at the right time for a life-changing win!
- Card counting exists – In former times, it was possible to card count on a blackjack table; a few Harvard students made millions by counting the cards; yet today, both traditional and online casinos have systems in place that make card counting next to impossible. Technically, there is now law against this practice; casinos ban card counters and they share their information.
- Slots don’t pay to the same player – We don’t know where this one originated; there are no cameras watching you as you play, the slot is programmed to pay a return to player percentage, aside from this, pay outs are totally random, so don’t avoid playing a slot that you won with previously, as you have an equal chance of winning. If you like UFC, check out this bio for Dustin Poirier.
- There are no winners, except the house – If this were the case, the casinos would be empty; many of the players you see are ahead of the game, mainly due to using certain strategies they have developed over the years. The house has an edge, of course, but that doesn’t mean players don’t enjoy big wins; it's all about strategy and, of course, luck. The online casino hosts a lot of free learning resources for players to use and we recommend that you do browse their website before playing.
More and more people are playing online casinos and with fantastic free gifts and spins, you can get off to a winning start with a handful of free bets. Start by Googling online casinos and take your time before choosing one to register with.