Amazing Curiosities On Online Casinos
Online casinos are very good at guarding their secrets. Gambling sites have always been surrounded by many mysteries. How much does it cost to create and promote a gambling site? What is the annual income and expenses of an average online casino? The list can go on and on. Also, casino operators are unwilling to reveal what slot machines generate the biggest profits and what games should be avoided as stingy.
Blackjack has earned the reputation of the most advantageous game for the player. In some blackjack variation, the house edge is as low as 0.28%. If we take the standard blackjack, the casino only has a 1-1.5% edge over the player, which sounds very promising.
What conclusion can we draw from this? If you’re willing to beat the casino, you’ll have to master at least one card game. Other casino games are less attractive in terms of winning chances.
Slots with progressive jackpots are on the opposite end of the spectrum. Slots of this type have lower-than-usual payout rates (RTP), meaning less winnings for the player. This is because in progressive slots, a small percentage of each bet goes to the jackpot pool.
Online casinos usually keep silent about the odds of winning a progressive jackpot. According to rough estimates, the winning chances hover around 1:10,000,000,000. This is the bitter truth! This explains why some progressive jackpots are growing for weeks or even months. The winning odds are so low no one can hit the damn prize!
How Much Money Does A Major Online Casino Make?
They say that a monthly casino revenue equals to its average jackpot. It’s hard to say whether this statement has a grain of truth in it. However, casino operators have been heard to claim that they had to spend all the money earned in a month in order to pay out a progressive jackpot to the lucky client.
If casinos revealed how much money their clients wagered in a month, it would be possible to calculate their revenue. Instead, gambling sites are very protective of their financial information, only revealing it to regulatory authorities. The thing known for sure is that loss-making casinos are very few. The first months of operation are usually the toughest in terms of income. Once a casino hits a certain number of clients, it starts making a stable profit.
Tips For Beginning Gamblers
When making bets online, you always risk gambling away your deposit. As a novice player, you should not believe a word of what casino ads are saying. Casino are luring in new clients by promising them riches and wealth. However, the reality is just the opposite. Very few gamblers are lucky enough to win a life-changing money prize. As for the rest of gamblers, their losses slightly exceed their winnings. There are also players who blow away all the money they have and leave with nothing. Read on to find out how to avoid their fate.
Use Common Sense
Part with any illusions about big wins. Gambling sites want you to believe in this myth but you should be smarter. In gambling, there are no guaranteed winnings. If you want make a consistent profit, you’ve come to the wrong place. Gambling is all about fun and enjoyment, and casino players face more losses than wins. If you find it hard to put up with this fact, you should better find yourself another hobby.
Play Free Games
One of the best things about online gambling is the opportunity to play top casino games for free. Before making real-money wagers, you can test your selected slot or any other game in demo mode. This way, you’ll be able to find out whether the game is worth your time and money. What could be worse than regretting the money you’ve spent on a dull game? Demo mode allows you to filter off boring and/or unprofitable games and pick the ones you like.
About Winning Strategies
If you go crazy for card games, this tip is for you. The bitter truth is that winning strategies are useless against casino advantage. They neither boost your winning chances, nor reduce the house edge. Winning strategies have been devised to create the illusion of success. When using one of such systems, a naïve gambler thinks that things are going great and he’s winning, which is not the case. In fact, you’ll never be able to tip the scale in your favor. All gambling games give the casino an edge over players.
Take a time off
Sooner or later, any pastime or hobby loses its original charm and starts to bore you. Online gambling is no exception. One way to avoid disappointment is to take short but frequent breaks from online games. Listen to your inner voice and take a break when you feel like it. When you resume gambling after some time off, you’ll experience a new wave of interest in gambling. Plus, it’s a great way to save some money!
Control Your Spendings
If you decided to try yourself in gambling, crying over every cent is not a good idea. At the same time, you need to keep track of how much you’re spending on games. Casinos are dangerous for their ability to pump money out of the gambler’s pocket. Be sensible and avoid this trap. Don’t spend more than planned.