5 Gambling Myths
Buying into gambling myths is one of the top reasons people get frustrated and can't seem to get a break in gambling. Whether you are playing at an online casino or at a land-based one, gambling myths can just easily and quickly leave you with no money. Below are the 5 best gambling myths out there. Save yourself from a lot of trouble by staying away from them.
Myth 1: If a slot machine has not paid out anything for a long time, it is due to pay out very soon. This is very illogical. There is not the slightest evidence to support this claim. The fact is that there is no accurate way to predict the outcomes of slot machines and when they are going to payout. A piece of software referred to as the Random Number Generator is used on slot machines. This number generator comes up with thousands of random numbers in just a mere second. The numbers generated are used to determine the payouts. Therefore, saying that a slot machine will pay out soon because it hasn't paid out for a long time is just impractical and based on nothing.
Myth 2: After a losing streak, a winning streak will eventually come your way and vice versa. Among the 5 best gambling myths, this is probably the one that most gamblers fall for. After losing five games in a row, a gambler just keeps on playing because he expects to finally win after the losing streak. Furthermore, a gambler calls it a day because he is on a winning streak so losing is inevitable. Again, there is no reason why you should buy into this myth. Gambling is a game of luck. That's all there is to it. Winning streak or losing streak, it's mainly all about luck. There are of course things you can do to improve your luck but it's luck who will determine whether you are going to win or not.
Myth 3: Some slot machines make players win more often than other slot machines. So gamblers who buy into this myth start watching and observing people playing on the slot machines. If they see that a lot of players are winning on a particular slot machine, they believe that they will win as well if they play on the same slot machine. This is just plain silly because all slot machines are manufactured the same. They all use the same computer programming so you have the same chances of winning in each of them.
Myth 4: In a blackjack table, an inexperienced player, especially if he/she is seated on the last seat, will mangle the natural order of the cards in play and will therefore cause everybody to lose. This myth has some little bit of truth in it but it's still a huge myth. The fact is the inexperienced player is just as likely to help you win as to cause you to lose.
Myth 5: Putting too much value in low probability but high-gain bets. A lot of gamblers get so enamored with bets that have million dollar payouts. What they fail to see is that they also have one in a million chance of winning.
That said, whether you are playing online or offline, make sure to always keep in mind the 5 Gambling Myths discussed above.
tags:gambling,gambling myths,superstitions,casino,online casino
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