Casinos are shrouded in mystery. Some think every game is rigged, others believe they know winning casino tricks & tips. We aim to separate fact from fiction
From pumping casino floors full of oxygen to keep gamblers more active to purposely never displaying any clocks, there are many myths surrounding casinos.
Even with the emergence of online casinos, the number of tall-tales related to these sites has not subsided.
CasinoAward.net has decided to set the record straight and debunk a few of the classic myths which get talked about time and time again.
We will also share some of the most common tricks and tips that might help you win more often. However, as a gambler, never lose sight of the fact that the casino holds the advantage. If you keep the right perspective, playing gambling games will be a thrilling and entertaining experience.
Casino myths debunked
Everyone has heard at least one of these common casino myths, and stopped to ponder if it's true or not. Here we want to clear the air and debunk a few of the classic tales.
Casino games are fixed
Many moons ago in the Wild West, perhaps this claim was valid but not today. Online betting and gaming is one of the most strictly regulated industries in the world.
Software developers have licences, as do casino operators. Games are audited on a regular basis to ensure that they are paying out in accordance with their published RTP value. If an online casinos has been licensed by a reputable organization, it's guaranteed that no funny business is going on.
Hot or Cold games and tables
There is a popular belief that video slots have hot and cold streaks, and the same can apply to players at the roulette or blackjack tables. An example of a hot slot is a player spending 10 coins playing a game and not winning then moving onto a different slot and landing a win. This slot is "hot" while the first one was "cold".
However, there is no way of knowing if the first game would have paid out if you added 10 more coins. Put simply, each spin of a slot, round of roulette or hand of blackjack in totally independent. It has no memory of the previous result nor knowledge of the next. Of course, you will see players win consecutive roulette games and have slots payout on multiple spins, but this doesn't mean they are "hot".
Players know what they are doing
Certain games, such as blackjack and video poker, involve a strategy. The player's knowledge of the optimum strategy for a given game will determine the advantage the casino has. For instance, the house edge of Atlantic City Blackjack is 0.35%. That is if every hand is played according to the correct strategy.
The issue is, not all players know this, and even those who do, sometimes deviate from it. We don't want you to become a part of this statistic, so learn all you can about the game before you play for real money.
Slot players can only win once in a period of time
This is an odd one to say the least, but some people believe if a player has got a big win, that's them done. They won't win another. Totally false. The odds of winning a second time are exactly the same.
As established, each spin is totally random. If you are playing at the right place, at the right time, you can win multiple times. There's no limit.
Winning casino tips and tricks
- Card counting: if there has been one casino trick that's proven to work, card counting in blackjack is it. One of the most famous cases was the six MIT students who learned how to count cards and took Vegas for millions in the process. Unfortunately, it's not possible to count cards when playing online blackjack because of the automatic reshuffling after every hand.
- Betting strategies: most tips and tricks revolve around betting systems. The most well-known is the classic Martingale, which can be used on any game with even money bets available. The concept is simple. You double your stake on each losing bet, so when you finally win, you're in profit by the value of your original stake amount. Please note that these strategies do not alter the house edge of the game, so don't be misguided by the belief that you have discovered a magical winning formula.
- Bankroll management: one of the best casino tips to keep at the forefront of your mind is pure common sense. This starts with managing your bankroll effectively. A general rule of thumb is to wager around 100th of your bankroll so you maximise the entertainment value while also giving yourself more opportunities to land some nice wins.
- Use strategy charts: we mentioned in the "myths debunked" section above the misconception that we assume most players know what they are doing, which they don't. Games that involve the player making a decision in the middle of a hand all have a set strategy for you to follow. If you use these, you'll play the game with the lowest house edge possible which will result in you losing less and potentially winning more (on good days).
- Take advantage of bonuses and promotions: with so many online casinos all fighting for your business, there is a plethora of bonuses and promotions to choose from. Some of these are more player-friendly than others. For example, you get no wagering free spins at certain casinos whereas others may have x30 turnover requirement. The best tip is to know what makes a good bonus, so you can profit from it.
What is the House Edge?
The casino is a business and like all businesses, it's purpose is to make money. Essentially, every game is slightly weighted in favour of the House winning in the long term. The simplest method of explaining the casino's advantage, also known as the house edge, is to take a game of roulette. A bet on "red" pays 1 to 1 (even money).
You have 18 chances to win but the European roulette wheel has 37 pockets (18 red, 18 black, 1 green for the zero). This extra pocket is the casino's advantage. It means that over the lifetime of the game, it will win more games than the player. That is a fact!
Most operators refrain from using these terms as they implant a negative impression in the player's mind that the casino is destined to win. While this is true (in the long run), they naturally don't want to promote it to their customers. For this reason, the term "return to player" has become a more standard marker. This is the opposite value. For example, if a game has a 1% house edge, the return to player value is 99%. Meaning that the player gets 99 coins back for every 100 wagered (on average).
what is Gambler's Fallacy?
A gambler's fallacy is a mistaken belief that if a certain outcome has happened more than the average, it will happen less often in the future. For instance, if a player has spun the reels on a video slot game 20 times without a single win, the fallacy is to believe he/she will land something in the next 20 spins. Or, if the roulette ball has landed in a red pocket 5 times in a row, the next spin will be black.
Modern online casinos are heavily regulated on a constant basis. All the games are audited to check they are fair and the RTP is true. Therefore, these games have no memory of the last spin or the last colour in roulette. Each game is independent but still, the gambler's fallacy exists in most players' minds to varying degrees.
There are a lot of myths to debunk and a lot of good tips to keep in mind, but the most important snippet to take away is to keep it fun. It is true that certain games offer life-changing jackpots, but don't gamble more than you can afford to lose chasing them.
Stick to a budget where playing is purely for entertainment purposes, don't let the fallacy of thinking the next spin will be the winner enter your mind. Walk away and come back to play another day!Last update: 07-10-2019