I’m certain you’ve stumbled upon many bonuses that looked incredibly advantageous at first, but after reading the fine print, you’ve concluded that the casino might just want to trick you.
The gambling world’s marketing strategies are rooted in the desire to acquire new customers and retain existing ones with registered accounts.
The truth is much more complex than that, which is why choosing an expertly examined casino promo code is the first factor you should look into.
It’s important to remember that, at the end of the day, the house always strives to be at an advantage, but the industry is becoming increasingly regulated.
However, as with all industries, there are certain myths that players all around the world tend to believe. In this article, we will debunk them together to understand the reality that characterizes casino bonuses.
Casino Bonuses Don’t Have Real Money Value
Lots of players choose to engage in gambling sessions using only their real money balance. So, they simply deposit a specific amount and place bets on their favorite games, thinking this is the only way to receive winnings from a casino.
In reality, with the rise of online gambling, more and more casinos are curating advantageous options for players worldwide, which are meant to give them the best sessions.
From welcome bonuses to free spins and cash incentives, all offer real money potential that can be earned by simply fulfilling the terms and conditions.
Indeed, playing with your real balance doesn’t have many restrictions, but casino bonuses can also provide a smooth withdrawal process if your session has turned out lucky.
Bonuses Always Have Impossible-To-Meet Conditions
While some casinos tend to implement strict conditions, you will definitely have the chance to redeem casino bonus codes that have advantageous terms.
A good example is the UK Gambling Commission regulation that makes UK casinos implement a maximum 10x wagering requirement for their bonuses. The lower the wagering requirement, the higher your chances of meeting them fully and withdrawing your winnings.
Some players always believe that wagering requirements are a trick to prevent them from withdrawing.
As we’ve established from the very introduction of this article, the casinos want to be at an advantage so that you can view wagering requirements as loss prevention for the house edge.
Mathematically speaking, a wagering requirement gives both the player and the casino a fair chance for profit. If the casino were to offer bonuses without wagering requirements, it would quickly incur significant losses.
Slot Machines Are Rigged
Some gamblers might not choose to play slots or get a bonus with free spins because they believe that the system is rigged. In reality, all slot machines use an RNG (random number generator) to ensure fairness in winnings.
This means that it works on a basic premise: all outcomes of your bets are totally based on luck! So, there is no possible way to “beat the algorithm”, although some players might have that impression.
Editorial note: If your only reason for avoiding slots is that you think they don’t pay out fairly, note that they are the best option when you’re fulfilling your wagering requirements. At most casinos, slot machines have the highest wagering contribution percentage, often reaching 100%.
Relevant Insights Regarding Slot Machines
Now that we’ve fully established that slot machines are based on a random number generator, you should know that some other essential aspects might influence your gameplay.
RTP
The RTP, or return-to-player percentage, is essential because it shows the long-term advantages players have.
The higher the RTP, the greater your chances of winning. For instance, Blood Suckers from NetEnt has an RTP of 98%, which is higher than the industry average of 96%.
So, hypothetically, for every $1 bet, the game gives back $0.98, while the rest of the amount goes to the casino’s profit, or the house edge.
Volatility
Volatility influences your gameplay because it varies, depending on the slot, especially when it comes to anticipation and pacing.
There are slots with lower volatility, which means you will get smaller wins more frequently. On the other hand, choosing a slot with high volatility grants you huge wins but less often.
Volatility doesn’t influence how much you win, since it’s still random, but it gives you a way to know what your gameplay will look like in terms of winnings.
Switching Between Bet Amounts Will Grant You A Win
Since the game is based on a random number generator, this statement is, in fact, only a myth! The outcome of your bets is totally based on luck, and the mechanism cannot possibly know if you’ve switched between bet amounts.
However, you should know that there is a specific type of switch most players associate with a higher winning rate.
Bigger Bets Allow You To Win More Frequently
There is a common misconception that bigger bets = more winnings. But why is it just a myth, rather than a real possibility?
As we’ve previously discussed, games are based on a random number generator, so the outcomes of any of your bets will have a totally fair outcome.
While the frequency of your wins doesn’t change based on how much you’ve bet, for some games, you might experience a higher win amount if you’ve placed a higher bet.
This is because some slots work on a multiplier basis, so practically, if you bet $1 and hit a multiplier of x20, you get a higher amount than if you’ve just placed a bet of $0.5.
Overall Conclusions And Editorial Advice
It’s important to note that gambling can affect your mental health and life, and behaviors like chasing losses and spending too much time on platforms are extremely harmful.
You should always view gambling as a form of entertainment that you engage in from time to time, and not as a source of income.
Choose bonuses with clear terms and remember that games have fair mechanisms that allow you to enjoy any gambling sessions fairly. Always play responsibly, stay within your budget, and spend a healthy amount of time in casinos.
