There are many myths or false beliefs about gambling. Whether it’s following certain rituals, believing in lucky numbers or thinking that you can somehow influence the outcome of the game, these myths can result in problem gambling behaviours.
Knowing the difference between gambling fact and fiction can help to ensure that your gambling remains in control and you aren’t losing more than you bargained.
Here are some common myths and the facts behind them.
“If I keep gambling, my luck will change and I will win back my losses.”
Fact: Each time you place a bet, the outcome is independent of the previous one. That means that the odds are no more in your favour on the tenth bet than they were on your first bet. Over time, the more you risk, the more you lose.
“I almost won the last time, I’m due for a win.”
Fact: Almost winning is not a predictor of future wins. Future gambling outcomes are not influenced by previous outcomes.
“I have a special strategy and if I press the button on the slot machine at exactly the right time, I will win.”
Fact: The outcome of slot machines is totally random. Whether you win playing slot machines is based solely on the randomly drawn numbers generated by the machine’s computer. Those numbers determine the game’s outcome before the reels stop. Pressing the stop button may help you learn the outcome of the game faster, but it won’t influence the outcome in any way.
“A slot machine with an 85 per cent payout means that for every $100 I put in, I will win $85.”
Fact: A slot machine’s payout percentage is averaged over its lifetime—not just one session, day, or week. If it pays out 85 per cent of the money wagered, those winnings will be paid out over the course of its lifetime. Thanks to each machine’s random number generator, it’s simply impossible to know when the next jackpot will hit.
“Only certain types of gambling can become addictive, like slots and poker.”
Fact: Any form of betting has the potential to become addictive. It’s not the game itself that leads to addiction, but rather the player’s relationship with gambling and the impact it is having on areas of their life. Some people may become addicted to the fast-paced nature of slots, while others might struggle with sports betting or poker. It’s important to recognize the signs of problem gambling regardless of the game you play. Common signs of problem gambling include chasing losses, betting more than one can afford to lose, and being unable to stop. Gambling to escape from problems, lying or quarrelling with loved ones, and constantly thinking about gambling are all warning signs you need to keep an eye on. If you notice these behaviours in yourself or others, refer to Casino Time’s responsible gaming resources or contact Connex Ontario at connexontario.ca for resources related to problem gambling behaviour.
