Gambling Myths

Casino betting is a fun and exciting leisure activity, which can bring profit for a lucky few. This undoubtedly means that there are a large number of misconceptions about how casinos work. The betting scene is brimming with myths and superstitions! In this post we will explore 4 of the most common myths surrounding casino betting and debunk them with some facts.

#1 Casino wins are down to luck

All casino games have statistical probabilities. Knowing exactly what they are and how they affect your odds of winning a specific casino game will allow you to minimize your losses by reducing the house edge. There are also many strategies that can help you to build a winning pot slowly, without risking large bets with your bankroll. Any strategy that a player adopts should be based on fully understanding the odds and the house edge of whichever casino game they have selected to play.

#2 Card counting in a casino is illegal

Blackjack is a game that has a specific basic strategy and learning that strategy will reduce the house edge and potentially help you to control your losses. Card counting means that a player has the ability to remember and keep tally of the number of different high and low cards that have already been dealt. It is not an easy skill to perform, but when card counting is used effectively it can increase the player's edge over the house. Casinos do not like players that count cards. Most casinos will refuse to take your bets if they believe that you can count cards, and if you are caught counting cards it can also get you banned from a casino, but it is not illegal.

#3 Casinos pump oxygen into the air to keep you alert

Aside from the fact that the legal consequences of gassing your patrons to keep them spending money inside your establishment could potentially result in massive legal issues, it would cost far too much money to constantly pump oxygen through the extensive floors of a casino. That said, there are certainly many other methods that casinos use to psychologically keep people gambling.

#4 A specific slot machine is due to pay out

Slot machines use random number generators to decide when they should pay out. Slot machines also have a payout rate assigned to each of them which is typically somewhere between 80%-98% of the money that has been bet. It is possible to put lots of money into a slot machine and not win a thing, just as it is possible that you could land two big wins with only two spins. Each spin of a slot machine is completely random and independent of the last.