Casino players are funny bunch and often succumb to various superstitions and myths while playing at the tables. While some are much more believable than others, some of the most common misconceptions in casinos can actually end up costing you a lot of money if you buy into them without knowing the real facts. On this page we’ll discuss some of the common and not so common casino myths that are out there and analyze each to determine why they are false, how they came about and why it’s important to understand how they can affect play.
The gambler’s fallacy is perhaps the most popular casino myth that most people don’t even realize they are buying into. The gambler’s fallacy is the notion that one event is more likely to occur if it has not occurred for a long time. For example, say you are playing the slots for a few hours and haven’t hit any significant wins, you would then begin to assume that the machine is “due” to payout since you have already sunk so much money into play. While this is a somewhat logical assumption for the uneducated casino player, the fact of the matter is that past events have no influence on future events in any casino game (except non-automated blackjack) and will not determine when payouts are made.
This is the same in Roulette, Craps and many other popular casino games where players can assume that not winning for a long period of time means that a win is due soon. To explain this issue further, think about it from the casinos standpoint. Why would the casino offer a game in which a player could guess (perhaps correctly) when it was going to payout? They wouldn’t which is why this is myth however many players still believe this to be true.
The bulk of casino myths are usually created by the players themselves and if you have spent much time in a casino then I’m sure you have bumped into a player or two who do some really strange things thinking that they influence the outcome of the games. Below is a list of some of the strange superstitions that casino players use with the hopes of winning in casinos:
In addition to the players, the casinos themselves have managed to create some myths themselves about how they operate and try to drive profits. Some of these rumours are actually true while others simply aren’t used by the casino.
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