The online gambling industry is thriving, and that is a fact that cannot be denied. In a couple of decades, online casinos have begun to generate billions worldwide, and they are attracting more and more customers with each passing day. However, their increased popularity does serve as a sort of double edged sword.
With more eyes on the industry, there are a lot more rumors and outright lies being told about it. Because of this, there are plenty of myths about online casinos circulating the web right now. That is why, in this article, we’d like to talk about some facts and some myths regarding online gambling and online casinos.
“Rigging”
A commonly parroted notion surrounding online casinos is that these websites are rigged. The myth stems from the fact that, in the 1990s, there were plenty of unregulated websites. The reason is simple; online casinos were new at the time, and many governments still didn’t have the proper context for regulation. However, that is all in the past.
Nowadays, online casinos are a lot safer, due to the fact that several countries have legalized the industry, and have introduced organizations responsible for ensuring new websites are on the up and up. That is why, all of the new online casinos at casinofy.com are all very safe and reliable to use. The games have been reviewed and approved by top authorities, that ensure the safety of customers.
“The RNG is Fair”
In order to replicate the randomness of land-based table games, online casinos use random number generators. We often hear proponents of iGaming say that the RNG is just as fair online, as a roulette table would be in a land-based casino. But, is there any merits to the claim?
The good news here is that, yes, the RNG is 100% fair. The software ties certain outcomes to random numbers, and generates said numbers at random, replicating the randomness of a land-based roulette spin. In fact, in some cases, the RNG might be even safer and more fair than a land-based casino.
“Online Casinos Are Illegal”
This is a tough one to discuss, as there is some truth to the myth. The idea that online casinos are illegal is, obviously, untrue. A lot of countries in Europe have fully legalized online gambling, and allow players to enjoy a plethora of their favorite games online. However, there is a problem here, which is that some countries are still behind the times when it comes to legalization.
In the United States, for example, the laws regarding online casinos are very confusing. Some states have made online gambling outright illegal, others, like Jersey and Pennsylvania, have fully legalized the practice. However, there are a number of states where gambling online exists in a legal grey area. In these states, gamblers can access online casinos, but only if they are offshore.
“Streaming is Helping iGaming”
The growing popularity of streaming has had quite the impact on several industries. From film and television to music, and of course online entertainment, streaming’s evolution is a huge milestone in the entertainment world. However, has streaming had an impact on gambling and iGaming?
The answer is an emphatic yes. Online casinos have introduced the concept of live gambling, which has greatly improved their standing with fans, and attracted new customers from all over the world. Streaming is absolutely helping iGaming, and will continue to do so in the future.
“Strategies Help”
Once again, we come to a difficult myth, because there is some truth to it. Before we delve into it though, it is important to note that online casino games are entirely luck based. There is no strategy that can help players win a game. However, there are some strategies that could help them in certain aspects.
For example, gamblers have long been using betting strategies; plans and systems designed around properly wagering at the right time, in order to minimize losses, and potentially maximize a possible win. Of these strategies, progressive betting is the most popular. However, be warned that progressive betting is a high-risk, high-reward strategy, that may not appeal to casual or new fans.
