So what are the gambling myths and gambling facts? A myth is defined as: A popular belief or tradition that has grown up around something or someone. A fact is defined as: A piece of information projected as having objective reality. In the gambling industry there are numerous myths perceived to be facts that range from where the hot slot machines are to tips while playing table games. Here are a few:
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Myth – “The loosest machines are placed at the entrances”.
Fact – All machines are pre-programed to hold a certain percentage of monies played over time to ensure a profit. This is known as the house edge, AKA casino advantage. The percentages may vary from 1 to 15% depending on jurisdiction, denomination, or type.
Myth – “The slots seem to be hitting less on the weekends when it’s crowded. That’s when they tighten them up to make more money”.
Fact – First of all it’s against the law to change the hold amount. Second, the only way to “tighten” up a machine s to contact a representative from the manufacturer to come and change the computer chip, and they would also need casino control board approval. This is time consuming and expensive.
Myth – “Slot attendants know where the hot ones are. Grease their palm and they’ll lead you to the right machines”.
Fact – No one knows which ones are about to hit. Some casinos advertise banks of machines with 98 or 99% paybacks but that’s over the long term. If any slot attendant knew which ones were due to hit, their relatives would probably be playing them. สมัคร live22
Myth – “I’ve been playing this machine for a long time and losing. When I left, another player took my seat, and he hits a jackpot on the first spin! If I played just one more spin that jackpot would be mine”!
Fact – A computer chip in the machine called the Random Number Generator, generates thousands of combinations every second. Jackpots can happen even when the machine is not in play. It’s not likely that you would have won.
Myth – “The novice player on my right is making all the wrong moves. He just hit a 16 against a weak dealer 5. He busts by drawing a 10, which should have been mine. I would have won with my double down 11”.
Fact – It’s true that a bad player can affect the outcome of other players hands, but they can also make decisions that result in other players winning. it evens itself out over the long term.
Myth – “I just lost 5 hands in a row. I’m due to win so I’m going to bet up to recoup my losses”.
Fact – The result of your previous hands has no bearing on the results of future hands. If you keep betting up, your money might disappear sooner.
Myth – “It’s bad luck when a stick man sends the dice to a shooter with a seven showing”.
Fact – Stick persons do not do this intentionally. Sometimes a die will flip on the felt and a seven will show. Sometimes players pre-set the dice to the number they want to hit before tossing. This only holds up the game and aggravates others. Pre-setting the dice does not affect the outcome of the roll.
Myth – “A virgin shooter is good luck”.
Fact – No person or event can cause good or bad luck. First time shooters are often remembered when they win for other players at the table, bu quickly forgotten when they lose.
These are just a few of the gambling myths that have infiltrated the industry over time. Forget the myths and know the facts to maintain a positive and winning attitude. Good Luck!
The catholic Church is hungry for money and it apparently doesn’t care where it comes from. In a recent report on the properties it owns in Rome alone the income is staggering. Some of the premises are used as brothels, others as gambling venues, and still others are highly priced homes and guest houses. The incredible portfolio of properties globally is too huge to even contemplate.
When Constantine, the Roman Caesar who established the religion in 325 AD, passed a law to encourage people to donate their wealth to the church it set it up to become the richest business in the world. Its income rivals that of the United States and its power grows with its wealth.
Gambling is a curse on families and communities and yet the Catholic Church operates gambling houses in the Australian Capital Territory. These are mainly the Southern Cross Clubs, of which there are 5 such premises. They contain poker machines, gaming, grog, and other things. The cubs are run as not-for-profit businesses, that means they pay no tax. They also have gambling in their schools by way of raffles, bingo, and other things.
While the organisation gets away with it the clubs are reaping in millions. The story is that they donate to local sporting clubs, social clubs, and community groups, but these are also involved with the religion. It’s a great ring-around-the-rosy way of raising more funds for the Vatican.
The incredible tales of fancy the latter spreads around could drive people mad trying to figure it out. Government’s, however, allow it to escape notice while the public continues to be fooled. Gamblers are encouraged to spend big and many lose their homes and families because of it. They are probably then given hand-outs of second-hand clothes and goods by one of the Catholic charities that pay nothing for them but make money selling them on.