Gambling is one of the most popular pastimes in the UK, with around 32% of the population indulging in some sort of gambling activity every week.
Whenever there are a large number of people involved in something, you can bet that myths or conspiracy theories will emerge before long. Even the best live casinos cannot escape that. There are several well-known myths surrounding online casinos, but how do you separate fact from fallacy?
Live Casino Myths
Let’s delve into the truth about online casinos, right now.
Live Casino games are rigged
This is a classic myth not only for live casino games but for every casino game. It is based on the logic that the casinos have tampered with the game software of the games so that they don’t pay out so often.
Especially when it comes to live casino games this myth is easily debunked.
First of all, these games are streamed live from a studio and there is a live dealer running the game whether this is dealing cards or spinning the roulette ball. There is no random number generator that (always according to the myth) can be tampered with.
Even in games that do have a random number generator as part of their game e.g. one that produces random multipliers, this is implemented by the software developer, not the casino. This makes it impossible for online casinos to rig these games.
Also, all casino games and online casinos are controlled and regulated by the relevant gambling authority and commission. Strict licensing regulations and regular audits ensure the validity of the games.
Finally, it is not in the interest of a casino to do something like this and gain a bad reputation, especially since bad reviews spread rapidly on the internet. Casinos make a profit anyway from the house edge that they have in every casino game.
Casino games are programmed to take back your winning eventually
This myth is quite related to the previous one, but let’s look at this one from a different angle. How many times has it happened to each of us, that we win enough money in a casino game and instead of withdrawing, we continue to gamble and end up losing it all?
So this myth has been created based on the fact that even if you win a lot of money eventually the casino will win the money back because it is configured to do so. But this does not make any sense since, as mentioned above, live casino games cannot be rigged.
What happens, in this case, is that there is a higher chance that you will stop playing when you run out of money than after a big win.
It is human nature to believe that there is something better around the next corner and that you will win even more money.
The odds are the same at the beginning of each game regardless of the previous round or how much money you won or lost. It’s the same as rolling a die; each roll is independent of the previous roll. It is certain that casinos win in the long run, otherwise they would go out of business.
Gambling Sites Are Unsafe
Your credit or debit card details are no more at risk when you use an online casino than when you perform any transaction online. In fact, online casinos know they’re an attractive target for cybercriminals and have extremely stringent security measures in place.
They use the latest technology to ensure your data’s encrypted when you deposit and withdraw funds at an online casino.
Online Casinos don’t payout if you win a lot of money
Some people believe that if you win big at an online casino, you’ll never receive your winnings. The truth is that when you land a big win or a jackpot win, for example, there are more checks that need to be done from the online casino before they release your money. In most cases, this is straight forward and you get your money within the normal timescales ( i.e. 3-5 working days for a withdrawal in a card).
However, there are occasions when your account might not be fully verified, or the online casino will have to do some due diligence to make sure there is nothing dodgy behind the scenes.
From our experience, if your account is verified and there is nothing shady going on you should receive your money quite easily and within the required timescales.
Are You Curious About What Online Casino’s Are Really Like?
We hope you feel a little more confident about gaming online now that you’re familiar with the truth about online casinos and live casino myths.
If you to enjoy playing casino games online for entertainment, take a look at some of our recommended sites. You’re bound to find one that appeals to your sense of fun and where you can play all the latest live casino games like Live Spin a Win or Live Lightning Roulette.
My name is Yannis and I am also known as Mr Live Casinos in the iGaming industry. I have been playing casino games for more than 15 years and I have been writting about casino games for more than 10. I have worked in a some of the biggest online bookmakers and online casinos in the UK.