The launch of online casinos in the mid-90s revolutionized the entire entertainment industry. After a timid start, things really took off, and the online casino market size is now estimated to reach $70 billion by the end of 2023. Celebrities have played a pivotal role in this evolution, propelling online gambling from niche to mainstream entertainment. Their involvement has expanded the reach of online casinos and debunked misconceptions and reservations associated with this form of gaming. However, a few persistent myths regarding online casinos exist to this day. This article will examine the three most common ones, providing information to help you firmly dispel these myths.
Myth #1: Online Casino Games are Less Fair
There is no bigger misconception than this one. Ask ten people who don’t play at online casinos what they think about the games, and there’s a good chance 4 of them will probably say the outcome is “controlled” or “pre-determined.” Nothing is further from the truth! Just because you’re not standing in front of a dealer doesn’t mean the games are rigged or unfair. It’s actually the other way around. Players now have access to a detailed game history and provably fair mechanisms that certify everything is random.
Furthermore, online slots and casino table games run based on a Random Number Generator (RNG) explicitly designed to ensure the outcome can’t be influenced in any way. The RNG is verified and certified by independent audit companies like Tech Labs, Gaming Labs International, or eCogra. The process is even safer because software providers must test their games and the RTP through independent audit companies. So, no matter how you put it, the online casino experience is fair from A to Z.
This myth probably has its roots in the fact online gambling has an increased rhythm compared to classic casinos. As you play more hands in the same period and your balance falls, you may be tempted to think it’s all rigged. However, it’s just a matter of luck in the end.
Myth #2: Online Casino Bonuses Prevent You from Winning
Another popular myth about playing online casino games refers to bonuses. More specifically, the belief that if you play with a bonus, you won’t be able to win or withdraw. Another bonus-related misconception had some players thinking the advertised prizes are never available as it’s almost impossible to claim them.
For starters, online casino bonuses are the game-changer that made this industry famous. Unlike land-based operators, online casinos have the added benefit of giving players various rewards. A cocktail or parking validation is the closest thing to a bonus at a physical casino.
And while bonuses come with specific Terms and Conditions, everything is clearly stated from the beginning so you can decide if you claim them. In most cases, the T&Cs are straightforward and will never prevent you from winning.
The wagering conditions are part of the T&Cs that put many players off. Indeed, you won’t be able to request a withdrawal until you finish them. However, the added balance gives you plenty of opportunities to win and meet the wagering requirements with a nice amount.
To sum up, casino bonuses are an excellent help all players can access. If you want to put them to the test, discover the largest list of no deposit bonuses at nodeposit.com for a fantastic experience. These rewards allow you to test the casino, play the games, and withdraw without depositing.
Myth #3: Winnings are Not Always Paid at Online Casinos
The last myth on our list is the one saying that, even when you win, online casinos don’t actually pay you. It’s a severe accusation and one that operators take very seriously. An online casino can lose its license if it denies payments to players or postpones them in any way.
Of course, the Know Your Customer (KYC) procedures make things a bit more complicated for inexperienced players. This due diligence process that involves verifying the identity and age of a player is also imposed by the licensing authority (MGA, UKGC, etc.) to prevent fraudulent activity and combat underage gaming. However, it’s often seen as a stall tactic by players who hit a big win and are asked to provide documents to verify their accounts.
That’s why it’s always best to verify your account and get the KYC process out of your way after registering a new account. Some online casinos even offer exclusive no deposit bonuses for players who complete the process, so it’s a win-win situation.
The list of myths and misconceptions about online casinos can go on for ages. And while it’s true that every industry has its share of ill-intentioned individuals, as long as you always choose licensed casinos, you won’t have to worry about any of the above mentioned matters.
Online casinos bring so many advantages to players, and you shouldn’t let some baseless myths stop you from trying them if you’re interested.