The online gambling industry has grown immensely in the past decade. Many are shocked to learn that, nowadays, online casinos are actually competing with land-based gambling establishments in terms of both popularity and revenue.
The popularity of iGaming has also led to some people feeling a bit scorned by their lack of success. It is due to this that a lot of myths surrounding online casinos have formed over the years. In this article, we will take a look at some of the most common online casino myths, and discuss their merit.
“You Can’t Win Real Money”
This one is a common myth that mostly stems from the fact that online casinos have a demo option. So you can check out an NZ casino online like Christchurch Casino, that lets you play the game without having to wager any cash, just for fun or to blow off some steam.
However, that doesn’t mean that online casinos don’t pay out real money. In fact, there are very few social casinos online, that are purely social and don’t work with real cash. For the most part, online casinos pay out real money in a timely manner.
“Online Casinos Don’t Pay Out”
Somewhat related, but not quite the same as the previous myth, there is a pervasive idea that online casinos don’t pay out a win. Fortunately, this is not true in the slightest. However, it is true that a player might not get their cash, if they’ve made some mistakes while gambling.
- Misused a Bonus: one example is that the player has misused a bonus. Most bonuses come with certain terms and conditions. If you attempt to use a bonus, without fulfilling these conditions, your wager might not register.
- Processing Time: sometimes, the more impatient gamblers will jump to conclusions because a payment hasn’t been made. The truth is, like any online transaction, gambling win take time to process. That is why a payment might not have been delivered on time.
“Greater Risks of Addiction”
There is a pervasive myth, mostly among those who have never used online casinos, that iGaming carries with it greater risks of addiction. It is easy to come to this conclusion, if you don’t know how the industry works. After all, if a website is available to you 24/7, you might use it more often.
However, in reality, there is no evidence to suggest that online casinos carry with them greater risks for addiction. In fact, it has been shown that most people suffering from compulsive gambling are those that use land-based casinos.
Furthermore, online casinos take steps to ensure that their customers don’t fall prey to this serious problem. Through the implementation of monitoring technology, machine learning software, and self-exclusion programs, online casinos ensure that the gambling industry is as safe as it can possibly be.
Some Truth to Keep in Mind
The one truth regarding online casinos is that they are online and digital. This means that any users are susceptible to data breaches and cyber-criminal activity. Especially nowadays, when cybercrime is on the rise, it is of utmost importance to take every step possible to protect yourself. That is why we’d recommend creating strong passwords, implementing firewalls, and anti-virus programs, and using safe sites.
