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Writer's pictureScott Richter

Debunking casino myths – Part 2


There are so many casino myths out there, and frankly, I’m getting tired of hearing them. In a previous blog post from earlier this year, I already touched on myths about touching slot machines, best payout days, and getting rich playing slots. But that barely scratches the surface, so today, I’m going to address three more:

This one might sound obvious to most, but all the time, I still hear people urging others to “think positively” at the casino, as if this will make some kind of difference. Spoiler alert: IT WON’T. Machines don’t care what you think. In fact, machines don’t even know what you think. If you’ve watched my slot channel for any significant amount of time, then you’ll know I’ve had wins and losses on ‘good’ days. And, just as often, I’ve had wins and losses on ‘bad’ days. My mindset literally makes no difference.

Another thing that makes no difference: A slot machine’s win/loss rate. Too many times, I’ve heard people avoid a machine because it “just paid out” and, therefore (they claim) “it’s not due for another jackpot anytime soon.” But if you know even a little bit about slot machines, then you’ll know that every unit’s CPU doesn’t even consider its win/loss rate. Whether a machine is on a losing streak or a winning streak, your odds of winning and losing are still the same! Heck, I’ve won six jackpots in a row on the same machine before because the computer resets after every single spin. It all comes down to every slot machine’s ‘Random Number Generator’ (RNG), which a slot expert actually discussed at length in one of my other previous blog posts, too. So, don’t let that myth fool you!

And don’t be fooled by what you’ve heard about bankrolls, either. If you have even a little trouble gambling responsibly, your credit cards should be nowhere near you on the casino floor. Even if it’s subconsciously, too many people believe the myth that credit cards equal endless funds, when, in reality, at a casino, credit cards can instead equal massive debt! I’ve said it before, and I’ll say it again: Only bet what you can afford to lose, whether that’s just five hundred dollars, like many gamblers, or a hundred thousand dollars, like me. The problem is that if you’re using credit cards to pay for your gambling, that can very quickly spiral out of control into a situation where you are betting more that you can afford to lose.

Casinos are fun! But you’ll have a much better time if you can separate the fact from fiction, and make decisions based on the former rather than the latter. Myths about positive thinking, a machine’s win/loss rate, and credit cards won’t bring you much joy at a casino, but knowing the truth – and gambling responsibly – hopefully will!


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