Most Common Gambling Myths Analyzed and Destroyed

Myths and misconceptions tend to take a strong hold in people’s minds and this is especially true when it comes to the gambling world. The stories that surround casino games are usually false and the actual proofs are often missing. However, they persist and continue to cloud the minds of even the most experienced gamblers!

“Casinos pump oxygen to keep players wide awake!”, “The location of the slot machine affects your winnings!”, “A certain betting strategy can bankrupt the casino!” and so on – we meet such loud statements very, very often. In this article, we will tell you about the 3 most famous gambling myths and mercilessly destroy them. Stay with us for the truth!

Casinos have a direct impact on any game

We start this list with the strongest, most enduring of all gambling myths. It is as old as the casino business itself! They say that the casino has a direct impact on any game and it’s impossible to win something big, but this is an outright misconception. First, let’s see what is behind it.

Casinos are businesses. They are always striving to stay afloat and make sure they make a profit. This basic principle is called the house edge, and each game has its own. The house edge is a guaranteed % return to the casino or a guaranteed % loss of players’ bets. 

However, this % guarantees house wins or payouts in the long run! In the short term, you have a chance to beat the odds of any game.

The house edge guarantees casino wins in the long run! In the short term, you have a chance to win any game.

Casinos will not pay out in case of win

The fact that casinos do not pay out winnings is another of a long line of common myths. Of course, there are many dark places on the Internet, but even in these places there are more serious ways to deceive you than simply refuse to withdraw your winnings.

Some disreputable casinos give players a headache when they try to withdraw money. They ask players to verify their identity countless times and sometimes they even claim they didn’t win. This is all categorically condemned in the world of iGaming.

Refusal to pay out winnings can have serious consequences for the casino. This may even lead to the revocation of the license and the revocation of the license is the death of the casino as a reliable place to play. Apart from the legal consequences, imagine how much negative feedback the casino could get if it refused to give back to the player what he legally earned! Trust us, no casino is willing to take the risk.

Refusal to pay out winnings will result in the revocation of the license, which is the death of the casino as a reliable place to play!

Sometimes the casino may refuse to pay out the winnings to the player, but the reason for this is a violation of a certain condition of the casino. If the casino is legal and you have not violated any condition, it will pay out your win. Any win. 

Online Casinos Are Illegal

The last myth is that online casinos are illegal. Well, there are some, but you certainly won’t find such casinos on any reputable website such as GambleFAQ.

In fact, online and land based casinos put a lot of effort and resources into legal compliance. They cannot operate without the proper gambling licenses that ensure the legitimacy of their activities. Pin Up, Guns Bet, Golden Star and other regulated casinos will never allow themselves to cheat you, it’s just not profitable for them!

Casinos put a lot of effort and resources into legal compliance. They cannot operate without the appropriate gambling licenses that ensure the legitimacy of their activities.

More and more countries are introducing legislation defining how iGaming works, while many others already have online gambling regulations in place. Some of the most stringent licenses are issued by countries such as the UK and Malta. Other countries, such as Curacao, have less stringent rules, but this does not mean that casinos with their license are less legal.