Are Online Casinos Rigged?
With the popularity of online gambling on the rise, there has been a lot of talk about the do’s and don’t’s too.
For instance, it’s best to start your online gambling journey with some fun slots. But at the same time, you’ll also hear people say that the game is rigged – which is simply not true. In fact, this is one of the biggest misconceptions you will hear about online casinos.
Just like this, there is a lot of misinformation out there. And most of them stem from not understanding how online casinos actually work.
The term ‘rigged’ implies that the casino has is cheating the players by altering the algorithm to favour the winning chances of the house, and subsequently decreasing theirs.
However, there are various gambling commissions providing proper licenses and regulating these online casinos, ensuring no such things happens.
Why Does It Seem Like Casinos Are Rigged?
The business model of a casino includes a house edge. The house hedge takes a certain percentage from every bid you make. Every game charges a house edge, it varies from game to game. This edge works as an advantage for any casino.
Even a small amount of house edge from each game will cumulatively amount to a large profit for the casino. You can win money in the short term, but the casino will make more money collectively from every player in the long run.
How Are Casinos Ensuring Fairness?
While there can be a few online casinos that scam people off their money, it is however very rare. There are things like independent testing, government auditing, and review sites to make sure an online casino is not taking part in shady practices.
Here are some safety measures that help ensure fairness:
All casinos have to undergo independent testing to make sure they are fair. Legal and trustworthy online casinos use a random number generator to ensure the outcomes are just.
It is easier to run a rigged casino offline compared to an online one. All moves made can be tracked by the commission board in a legitimate online casino.
As these online casinos are dealing with a lot of transactions, they face a lot of scrutinies. They have to undergo multiple tests by the authority when they apply for a gambling license.
Online casinos are monitored constantly by the government, gambling authorities, and even third parties. Organizations like the Malta Gaming Authority perform rigorous testing, to ensure all the online players get treated equally.
When you are a new player, it will be best for you to stick to the online casinos with the best reputations. You can also ask around your friends about their preferred gambling websites. This will significantly reduce your chances of playing on a rigged website.
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