When done responsibly, online gambling is a fun and exciting pastime that can be very rewarding. Nothing can beat winning, whether you play poker, blackjack or bingo online. As with anything popular, there are myths surrounding online gambling as well. Thus, today we will cover top six myths about gambling online.
Online Gambling is Illegal
This is one of the most prevalent myths about online gambling. Online gambling, just like at a physical casino or bingo hall, have strict laws that govern it. It is entirely legal for players to play in most countries with the responsibility for taking legal bets rests squarely on the shoulders of the online gambling operation. Rest assured that whenever you play bingo online, what you are doing is completely legal.
Online Gambling Encourages Underage Players
While it might be possible for an underage player to wander into a casino and lose a lot of money before they are caught and carded, most online gambling sites have very stringent age verification processes put in place so as to make sure that anyone who plays is of legal age. If any player’s age cannot be verified, they won’t be able to play.
Online Gambling is Addictive
There is no evidence for this, even after multiple studies have been conducted. Most players play well within their means and have no risk of this happening. Virtually every online gambling site takes the issue of gambling addiction very seriously. Sites have options for customers so that they can place limits on how much money they can spend on the site on a daily, weekly or monthly basis.
Gambling Sites Are a Scam & It Isn’t Possible to Win
While some people may feel that all online gambling sites are a scam and can steal your money, this myth simply isn’t true. Online casinos want to ensure fair play all around and use a Random Number Generator or RNG system. These are regularly checked to ensure that all games on the site are truly random. This means that when you play bingo online, for example, you will have just as much chance to win as any other player in the game.
When you do win and want to withdraw your funds, online casinos have some of the most secure systems on the Internet. You will be able to transfer money right to your bank quickly and securely.
Online Gambling is Just a Front for Money Laundering
There is no evidence of this. The companies or individuals operating online gambling sites are required to undergo strict background checks before they are licensed. Transparency is a must, so money laundering is all but non-existent.
Online Gambling Takes Business Away from Real Casinos
This is another myth that is very popular but has no truth to it. In fact, quite the opposite is true. Land-based casinos around the world saw the potential of online gambling and were early adopters. Many physical casinos have their Internet gambling operations in order to increase their market share. For those who don’t have online operations, studies have shown, that there is no proof that online gambling has taken any of their business away. In fact, many feel that it may have even helped them expand by bringing more players in to play a wide variety of games and have a direct gambling experience as well as a way to enjoy their resort facilities.
These are just a few of the myths and legends regarding online gambling that is popular but unfounded. Once you start playing online, you will soon see for yourself that online gambling is enjoyable and you can have a lot of fun with little money invested.