Online casinos have undoubtedly transformed the gambling landscape with their convenience and wide variety of games. These platforms allow gamers to enjoy the thrill of casino games from anywhere, always with the possibility of winning big.
However, online casinos are still surrounded by myths and misconceptions, as most people only believe what they can see and touch. Are these games fair, and can you really win big at an online casino? Join us as we debunk the most common myths surrounding online casinos.
Online Casino Games are Rigged
The most common myth about online casinos is that as the games are virtual, they are rigged in favor of the house. However, the truth is that credible and reputable online casinos are licensed and regulated by gaming authorities.
In addition, they undergo regular audits by independent third-party entities to ensure they adhere to fairness standards. Like physical casinos, online casinos also use advanced software and algorithms to produce randomized results. So, rest assured that you have the same shot at winning as your fellow players. Just ensure you check the game’s return to player (RTP) percentage and use a reliable online casino.
Online Casinos Encourage Underage Participants
Most watchdog groups are concerned about the involvement of underage gamblers in online casinos. Unlike in physical casinos where you need to produce an ID, all a minor needs to do in an online casino is use their phone to sign up and play. However, this is just another myth.
Online casinos employ a comprehensive Know Your Customer (KYC) process. This involves asking all players to submit personal details and documents to prove their identity and age. This is much different from simply asking a player whether they are over the age of 18, which is what some people assume.
You Do not Get Paid After Winning
We are sure you have heard of a player who never got paid even after winning in an online casino. Such stories can easily make you be wary of online gambling. However, even when they are true, these are usually isolated incidents of fraudulent practices by shady platforms, which is why it’s important to do your due diligence when searching for an online casino. Licensed and regulated online casinos are required by law to pay out winnings, and failure to do so would attract legal fines and a dent in their reputation.
You Cannot Win Too Much at Online Casinos
Another common online casino myth is that it is impossible to get big payouts from digital platforms. Most critics believe that the odds of winning big are much lower in the virtual gambling arena, but nothing could be further from the truth.
Contrary to common belief, history has several players who have secured significant wins at online casinos. One of the biggest recorded wins was in 2021 when a lucky Belgian player won $23.6 million on the Mega Moolah slot. Progressive jackpots can still make you a millionaire overnight.
You can Make Predictions or Cheat at Online Casino Games
This is untrue, and let us debunk it: Online casino games are tailored to be unpredictable. Proper strategizing can improve your odds, but it is impossible to predict a game’s outcome. Also, cheating is impossible, thanks to the advanced security measures used in online casinos.
Online Slots Are Not Profitable
There are people who are convinced that online slots are programmed to pay less than physical slots at walk-in casinos. This is not true, as online slots utilize a random number generator to determine results. For this reason, they are just as fair and profitable as their traditional counterparts. In fact, online slots are associated with higher payout percentages as they attract lower overhead costs. Additionally, because they boast a wide selection of games and several betting options, the chances of winning big are higher. However, ensure that you confirm each slot game’s RTG, as it varies from one game to the other.
