Gambling Myths
Few areas of human activity are so immersed in superstition and myth as gambling. Many gamblers do believe in “good” and “bad” luck, playing a part in their gambling success or failure and often carry “good luck charms” or have rituals they perform before going to play. Unless the belief in “luck” becomes obsessive, it is usually harmless.
Far more insidious are the myths, some based on superstition, which surrounds gambling. The myths that even the most intelligent and realistic gamblers are willing to accept is often truly surprising.
The very fact that all gambling is a matter of luck and chance is itself a myth. If that were so, over a period of time most gamblers would break even. In that case where would the casinos, either real or online, get their profits from? While luck and chance do affect the outcome of each gamble, the odds are always stacked in favor of the casino. Complex mathematical formulae and probability calculations are used to set up the games so that the house always has a fixed advantage over the player. This is not cheating - it is business. Once these odds are established in favor of the house, the rest is left to luck and chance. But it is never a fifty - fifty chance. The house advantage is kept small. If it were too big, players would be discouraged. But even this small advantage totals up to huge sums because the volumes are so large.
There are some games like blackjack and poker that have a lot of myths about them. The biggest of them is the “betting system.” There’s always a story going around of someone, somewhere who has a fool proof betting system that guarantees success. Let us accept the fact that this is, and always will be, bunkum. There is no such thing as a foolproof gambling system. If there were, it wouldn’t be gambling. Gambling is a huge multi billion dollar industry with high internal standards and self checks. If any system that could beat the odds ever does appear, the first people to spot it and counter it will be the casinos. And they have all the resources needed to do it.
Card counting is a myth that has always hung around blackjack and poker tables. There are some mathematical formulae that could help to increase the chances of knowing the likelihood of the next card to be dealt. But it has never been proven that this offers any serious advantage to the gambler. Secondly, card counting in a fast moving card game would require a mathematical talent and mental computing genius that maybe one person in few million may have.
Slot machines have one major myth that has always surrounded them. And that is that the casinos are able to influence the results. This is done not to cheat the players but to ensure that too many big wins do not come too close together and, on the other hand, that a long period does not go by without a win. This is done to keep the players happy and encouraged. Beyond that, the casinos do not care who wins or loses. This is not possible with real slot machines or with online ones since, firstly, the control system would be detected sooner or later. And secondly and more importantly, it is not required. The odds are such that over a period of a month the spacing of the winnings and their volume will be what the casinos have planned for.
A myth that is applicable only to physical casinos is that of special treatment given to “high rollers.” Yes, high rollers do get complimentary rooms, along with food and drink. Yes they are given special treatment in the casino. But the myth that this is given only to those who win big, so that they are tempted to come back to play again and, hopefully, lose their winnings, is a myth. These facilities are provided to people who gamble with a large amount of money and it doesn’t matter if they have won or lost. In fact, providing these facilities to a loser is more important because it makes him feel compensated, at least to some extent, for his loss and creates a bond with the casino so that he will come back again, when he has the money.
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This article was written by gambling pro Skyler Ace. Warning: Do Not Gamble Another Dollar Online Until You Read This. Free Consumer Awareness Guide Reveals The Seven Deadly Mistakes All Gamblers Make: http://www.jobsource20-23.com/casclok.html Also feel free to visit our gambling blog for tons of winning tips: http://onlinegambling23.blogspot.com/
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