5 reasons why modern casinos won't swindle you

When you play at casinos, you put great faith that they don't scam you for your money. After all, the casinos run the games and can take action to rig the result to their advantage.

Therefore, you may feel like you are being tricked during a period of gains. It is quickly done to wonder if casinos offer fair games in the midst of a bad blackjack round or when a loser on slot machines.

Casinos used to cheat regularly for several centuries. In fact, there are some remarkable cases of gentle casinos that have tricked players (read more about "Faro").

Fortunately you don't have to worry about being fooled by Modern casinos.. Here are five reasons why casinos are motivated to offer fair games today.

1 - Oddsen is already in the Casino's favor

Casinos do not have to cheat to make a profit. After all, they already keep an advantage in just about every single game.

The advantage of the house varies depending on each game. In general, however, casinos can look forward to anywhere from 5 % to 10 % margin for each effort.

The UNLV Center for Gaming Research shows how much Las Vegas Casinos earn on average:

  • Total profit rate in 2019 = 8.32 %
  • Slot Machine Profit Percentage = 6.90 %
  • Profit percentage for table games = 13.84 %
  • Blackjack gain percentage = 14.12 %
  • Baccarat Profit Percent = 12.93 % (including side games)
  • Craps gain percentage = 16.03 %

Of course, casinos can always cheat to win even more money. Underground mob casinos used to scam players in the past to increase revenue.

Casinos today are not aiming to fool a small amount of players. Instead, most people draw enough players, so they can profit from the benefit they have in the games.

2 - game markets are greatly regulated

Many well -known cheating events at casinos happened long before state and national authorities began to regulate the markets. Underground casinos were already illegal, so they had little to lose on cheating on top of it all.

The industry is very different in the present. Online and land -based casinos must undergo licensing processes before being approved.

From here they have a long set of rules and regulations to comply with. Online casinos, for example, must undergo third -party testing to ensure that their odds and payout (RTP) meet stated values. A gaming company cannot legally claim that a game has 98 % RTP, when it really only gives 95 % refund.

Wrades risk severe penalties for violating the rules. For example, 888 received a record fine of NOK 78 million from UKGC for illegal advertising.

Remember that 888 drove misleading ads. Imagine what would have happened if they were taken to rig some of their games.

3 - Most casinos must undergo third -party testing

As mentioned before, casinos in many jurisdictions have to test their games by a third party. This testing ensures that games offer reasonable odds, accurate benefits to the casino and acting random number generators.

Here are examples of third parties that offer these services:

  • Bmm tests
  • ecograp
  • Gaming labs certified
  • iTech Labs

The point of third -party testing is to ensure that neither casinos nor software providers rig games. A third party provides certification to approved casinos, both online and land -based.

Real casino sites proudly show such certification at the bottom of the website. For example, you can scroll to the bottom of a casino site and see a ITECH Labs emblem. When clicking on this emblem, you should be led to the Gli-approved certification.

Of course, not all gaming authorities require such testing. Some of the weaker jurisdictions, such as Costa Rica and Belize, do not force operators to check their games.

But on average, most bodies require licensers to receive third parties approval. You can be assured that you are dealing with fair games in these cases.

4 - being taken on peach means losing everything

Imagine for a moment that a casino is scamming its customers. They may well get away with this plan for a while. But what happens when they are finally taken on the peach?

Here are three different ways that this scenario can play out:

  • They lose the licenses in all jurisdictions in which they have received approval.
  • They operate in weak jurisdictions and maintain the licenses. However, it is known that they have cheated, and players are starting to boycott them.
  • They claim they did not cheat, but only had a software error. Some players buy this excuse and continue to play with them.

None of these scenarios are good for the casino. In fact, they have more or less gone down in the first two examples.

When it comes to the latest scenario, a scandalous casino or software company may be able to survive. Often they need to change ownership.

For example, Virtual Casino Group was notorious to trick players with casino bonuses And generally have a terrible service. Their online casinos continued to be associated with bad things, so they sold everything they owned to Ace Revenue.

To make a long story short: An online casino taken for cheating will probably not survive. The best thing they can hope for is that some customers will believe in their lies, or that they are able to sell the assets at a reasonable price.

5 - Players don't come back if they always lose

Scams can be a lucrative, short -term business. However, it does not draw repeated customers in the long run.

After all, the players do not like to visit the same casino where they have taken huge losses. Although they do not immediately suspect cheating, they can only see the casino as a source of bad luck.

The casino must balance between having a small advantage and still giving players a chance. If no one ever wins, the casino will quickly get a bad reputation.

Lack of gain can even start rumors whether a casino offers fair games or not. There are many forum threads where players complain about losing certain online casinos and questioning whether the games have been rigged.

Some of these forum users are just sour losers who played too long and lost big. In other cases, however, these players may be in for something.

In any case, a casino must have some winners to look legitimate. But they will not have many winners if they are constantly fooling people.

Summary

Being fooled by the casino was once a legitimate fear. However, such cases are very rare these days.

Casinos have to cope with much more bureaucracy. They must undergo a licensing procedure, comply with strict rules and review game testing. The latter aspect is likely to detect if the casino is scamming players and/or lying about RTP and odds.

Is casino fraud still possible today? Theoretically, yes, and it can potentially happen in isolated cases somewhere around the world.

But the chance of you being fooled by casinos today is either little or none. You can play on land -based and online casinos With certainty that it is safe.

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