These days, you can see gamblers shifting their focus from land-based casinos to online platforms. We do have a lot of people here in Canada who like to gamble. And it’s not a bad thing, but as long as you don’t lose your mind.
A few years ago, I used not to pay any attention to gambling, because I occupy a high position in a fairly well-known company. For a long time, I used to think it would be detrimental to my career. However, I have now realized that if I take gambling as one of my options for leisure time, I won’t have any problem with it.
You probably want to ask me how I came to gambling on the internet, don’t you? I often read news from the world of finance. One day, I saw a post about the best online casino in Canada. My idea of gambling at the time was based on myths and prejudice.
Thanks to reading the post about the best casino online in Canada, I was once again convinced that stereotypical thinking can be a barrier to many great things. I want to tell you about the myths about online gambling and casino games that have been sitting in my head for so long. And my big online roulette win will be the icing on the cake.
Is an Online Casino Legal in Canada?
While some say it is perfectly legal, others remind us that there is no clear gambling regulation in Canada. If this makes you feel discouraged, take a deep breath. There is no law explicitly banning Internet gambling in Canada yet. And what is not banned is allowed, full stop.
How to Find a Safe Online Casino in Canada?
As for how to find a safe online casino in Canada, things are a little more complicated here. By ‘safe’, I mean safe for the money you deposit on your online casino balance and the personal data you specify in your account.
I could have wasted a lot of time and money if I didn’t find the post about King Billy Casino where I found a lot of information on choosing a decent online casino. From it, I learned that the first thing to check is this site. Playing on unlicensed websites, you have no guarantee that your winnings will be paid on time and in full. Also, players need to check out the selection of games that the casino offers.
Stupid Gambling Myths Debunked
I put together a list of myths for you to read (and to make it easier for your eyes to find the item after you’ve laughed). Of course, not all casino myths are funny. Some of them, moreover, have never been debunked because they are not myths.
So what are the main myths about online casinos? Here they are: check them out below:
- Myth # 1: Every casino online to play for real money cheats its players for their funds. I think this myth is propagated by people who are unlucky with gambling or those who got into a fraudulent website. Just check the license, and everything will be fine. Licensed online casinos have no reason to cheat you as they have a margin, that is a fixed profit due to RTP or house advantage. For example, you play a slot with an RTP of 96%. That means that for every C$ 100 spent on gambling, the casino has a guaranteed profit of C$ 4. Instead of stealing your deposit, the operators work long-term and try to get as many solvent players as possible.
- Myth #2: Casinos don’t pay out winnings. And this myth is related to the one that opened this list. As someone in a senior position in a company, I know that nothing is more important today than reputation. You can spend months and years building a reputation by asking people to put in good words about you. And only one bad feedback can bring everything down like a house of cards. The truth is that a licensed online casino takes care of its reputation and strives to provide the best conditions for players to outdo their competitors. There can indeed be some delays in payouts, but only due to technical problems.
- Myth #3: There are so-called “hot” and “cold” games. This myth comes from land-based slot machines. Just imagine people sitting in a room waiting for someone to get into a long losing streak. After spending a lot of money and being disappointed, such a gambler leaves the slot machine with his head down. At that moment, another gambler runs up to the slot machine and pushes a coin into the receiver, happily rubbing his hands together… The idea is that if the machine doesn’t pay for a long time, it will soon pay out a large sum. It makes sense if you understand how RTP or volatility works. But, keep in mind that online slots are RNG-based chance games. And that means that every game result is completely random. There’s no guarantee that a slot that hasn’t been paying out for a long time will suddenly become “hot” and make you a millionaire.
You have no idea how many more myths I have debunked. But I don’t have time for a long essay, so I’ve only touched on the most sensitive things.
My Lucky Wheel Spin
Did you know that the sum of the numbers on the roulette wheel is 666, which corresponds to the number of the beast? Hence another myth about roulette is that it is supposedly a devilish game.
I found this fact amusing, as I am free from religious prejudices. So, one day, I ran American Roulette and made a single bet on a number I don’t remember anymore.
In just one spin my CAD 100 has turned into CAD 3,500 (a single bet pays 35 to 1).
Although the American-style version has a high house advantage due to the extra zero sector, that does not mean you should avoid it. Finally, you can practice playing free casino online games without risking your money (exactly where I started).