Among all the myths that are told about casinos, many of them come from comparisons between land casinos and online casinos. Both present options alternatives of game and entertainment with great benefits; however, each one will be more convenient according to the interests of the player.
If you are one of those who enjoy interacting with other players and catching the festive and lively atmosphere of a casino, online operators will be at a disadvantage as they are limited in this regard.
“Online casinos do not pay.”
Myth: Online casinos refuse to pay players their winnings.
Fact: One of the most widespread myths surrounding online casinos is the fact that they don’t pay their players. However, once again, this is not true; they are false ideas that are created among users and can get some people to inhibit playing for fear of having losses.
Online casinos are used for money laundering.
Myth: Online casinos are used as a means of money laundering.
Reality: Despite the constant rumors about the use of online casinos to carry out money laundering transactions, several investigations have been carried out, and the result has been that very few cases have been prosecuted for money laundering through online casino operators.
Online casinos are illegal
Myth: Online gambling and gambling are not legal.
Fact: The number of people who think that online gambling is illegal is quite large. However, like everyone on this list, it is nothing but a myth. For example, it is mandatory that all casino operators abide by the guidelines of the General Directorate for the Regulation of Gambling and that they have all the licenses corresponding to their jurisdiction. When in doubt about the legitimacy and legality of any operator, be sure to search their website for the licenses they have, and then verify them on the DGOJ portal.
Online casinos use manipulated software.
Myth: Online casinos use manipulated software.
Reality: Many people believe that online casinos use a manipulated software system that ensures that the house is the winner in all cases. However, the truth is that this is neither true nor necessary for casinos to make a profit. We can mention several key elements that disprove this myth:
Every casino operator has the house edge, which is that each and every casino game is designed to give the house an edge over the operator. Regardless of which casino game you choose, you will always come across this item. In some cases, the profit margin may be relatively small; in others, it is more significant. This “house edge” ensures that operators always have a legal profit without having to manipulate gaming systems.
On the other hand, licenses are taken into account, and it is that these are the ones that after extensive audits determine whether an operator complies with the gaming regulations established in the aspects of players’ profit margin, the legality of games and even evaluate the payout times of winnings, these licenses will allow you to know the legality of the casino.
In case you have filed a claim against a casino, and you want the support of external entities, it is important that you know the corresponding jurisdiction of the casino and thus locate the regulatory companies.