A lot of casino players tend to believe that online casinos are fixed for the casino. First of all, all online casinos that are licensed, work under random number generators (RNGs) software meaning that each spin produces a set of random results. Additionally, land-based casinos operate on the same software but online ones still induce a lot of distrust in people worldwide. The house always has an edge and this is how casinos operate and do business. After all, the gambling industry is one of the most profitable industries in the world.
The Gamblers’ Fallacy
A lot of people fall victim to the gamblers’ fallacy and they yell “fraud”. The gamblers’ fallacy is simple, people believe that with every loss, their chances of success increase but in fact, every spin carries the same odds of success. It doesn’t matter if the previous five or ten hands ended in black and not red, every following hand has the same chances of landing at black or red.
Let’s say a player is playing roulette at a land-based casino and he experiences ten consecutive losses. The player played on black and red constantly keeps on popping. The player will most likely experience this as bad luck and won’t make a big fuss about it. However, when the same pattern occurs at online casinos, people start to believe that the game is rigged and that they are being tricked.
Higher RTP’s at Online Casinos
Land-based and online casinos work on the same software and due to the fact that online casino don’t have a physical presence which means decreased costs, they are actually able to provide numerous bonuses and rewards and provide higher payout percentages (RTP’s) to their players.
How to Make Sure the Online Casino is Safe
Not all online casinos are legal. You need to check that the online casino has a license and that the license is provided by preferably UK, Malta or similar well-regulated country and not some third-world country. This will ensure that the online operator is working on RNG software and is monitored and audited by the governmental body for fairness.
Remember that the house always wins and that casinos should be seen as a form of entertainment and not as a way of living. Avoid problem gambling and don’t expect to win. Gamble with what you feel you can lose. Think of it as like going to see a movie or to a festival.
