Here are some truth bombs that you need to know about online casinos and gambling.
Online gambling has become very popular in the past few years and is worth billions of dollars today. However, not a lot of people know the nifty details of online gambling. After all, online gambling is unlike fast food or cars – not everyone knows everything.
However, there are quite some things that you should know. In this article, we will talk about certain truths about online gambling and casinos.
What are some truths about online casinos
Here are some truth bombs that you need to know about online casinos and gambling:
1. Laws related to online gambling are complicated
This sentence is quite confusing – while online gambling is not legal at all places, it is also not illegal. In most countries, all laws related to online gambling are quite murky. For instance, the US does not have defined federal laws related to online gambling activities. However, the Federal Wire Act prevents sports betting over any device that is related to a ‘telephone’.
In short, gambling companies cannot entice US-based players to wager on their websites if they are not licensed. Hence, most gambling platforms from the US are based overseas, like Zodiac Casino.
2. RNG is very important
RNG, or Random Number Generator, is extremely important for online poker, online bingo, and standard gambling games. However, the statement does not have any bearing regarding online sports betting.
All casino games make use of RNG, except for live dealer games. Even in land-based casinos, gambling machines for video poker and slots also make use of this software to determine the outcome. In most cases, the parameters for RNG for online casino games will remain the same as their land-based counterparts, which is why you will see the same odds. For example, you can take a look at zodiaccasino.
3. The industry is extremely profitable, thanks to online slots
As we already know, land-based casinos generate most of their profits from their slot machines. Apparently, the online gambling industry does as well. Slot machines are known to work the same way, whether you are playing it in a land-based casino or an online gambling site. The technology works the same way – for instance, RNG is applied on both types of slots.
In most cases, casinos do not mind when you win. If a customer does not win, they will stop playing, which would prove to be bad for business. However, casinos often make use of the laws of large numbers to make a substantial profit – think of it this way – every day, hundreds of customers play on hundreds of slot machines for hundreds of spins every hour. In the long run, casinos will always profit more via slot machines, even if they have to keep paying out the winning customers.
4. It is impossible to count cards when you are playing online blackjack
Of course, not all games are powered by RNG. There are some types of casinos where live dealers on the table will play with real dice, roulette wheels, or cards. In short, live dealer games are created to replicate the experience of playing at a land-based casino.
One of the most popular live dealer games is blackjack. While most people think that it is easy to count cards online, it is actually not. Thanks to card counting, it becomes easier to determine the winner. This method helps keep track of the ratio of high and low cards that remain in the deck. If there are a lot of high cards left in the deck, you have more chances to win.
However, you also need to know that this tactic works best when the deck is not shuffled after every hand. When you are playing online, the RNG will always shuffle the cards, which does not take any effort. As such, live dealer games also shuffle the cards after every turn.
5. Do not believe every review or forum you read
As mentioned above, the online gambling industry has become quite a lucrative industry today. Since there is a lot of money to spare, you will find a lot of opportunists. You need to understand that many people who write down reviews are paid by the casino to write good things about them. In fact, the casino may even pay some people to write negative reviews so that it looks organic. Hence, reading reviews and forums should not be your only deciding factor.
Final thoughts
Of course, there is no denying that online casinos are fun. However, you also need to know certain truths before you can start playing on these sites. You must stay aware of the things so that you can gamble smartly.
Photo by John Schnobrich on Unsplash
