Myths About Online Gambling: True Or False

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Posted: April 16, 2020

Updated: April 16, 2020

  • Nowadays, online gambling is popular worldwide.
  • However, as popularity grows, more and more myths about online gambling appear.
  • In this article, we will expose some of the most famous myths and rumors.

Online gambling has recently gained its popularity everywhere in the world. More and more people try their luck daily. As popularity grows, rumors and superstitions constantly circulate the world of online gambling. Usually, they are not supported by anything but regularly mislead ordinary users. It happens mainly since in some countries gambling is still prohibited. Thus, online casinos try not to advertise their activities. In this article, we bring to your attention the exposure of the most famous myths about online gambling. 

Online casinos bring huge profits to their owners, don’t they?

This is one of the most common myths about online gambling. Some uninformed users are sure that any casino makes a lot of money. Therefore, its owners are dollar billionaires who just stay hidden. Certainly, people who work in this field receive huge amounts of money. However, their earnings are negligible compared to the money turnover that spins on online casino accounts. Do you know why it is happening? The main reason is the huge taxes that any gambling establishment is forced to pay to the state they got licensed in.

In addition to these costs, online casino owners also need to allocate huge amounts of money for the maintenance of their platforms and advertising of their institutions. All this is done to attract as many visitors and customers as possible. Therefore, you should not think that online casinos in the USA, for example, are a generator of superprofits. This is far from the truth. Although this business is developing rapidly, for now, the amount of profit is not that huge. By the way, according to statistics, of the 2,000 most expensive and richest companies, only 8 are engaged in online gambling. At the same time, some of these casinos are already almost bankrupt.

Myths about online gambling
It’s not inherently a money machine.

Myth about online gambling: Most casinos work without a license

This is another common myth regarding online gambling. Supposedly a lot of online casinos operate without a proper license and permission to provide such services. Let’s think logically. Have they been able to attract many customers, while staying hidden? They would instantly go bankrupt in this case. If the casino does not have a license, then it will earn less income than legal institutions. Of course, anyone can organize their offshore casino without documents allowing them to conduct their activities. But will there be trust in such casinos among the users? Think for yourself, would you make money at your own risk?

For this reason, we recommend you when choosing an online casino to check its licenses first. You can also study other documentation. This information should be freely available on the official website of the casino. In the age of modern technologies, the risk of stumbling on scammers who fraudulently steal customers’ money has increased. Therefore, gambling industry regulators check all casino activities before giving them any license. Later, if customers found that the institution is not fulfilling its duties, they can contact the regulator for help. Intertops is a safe place for users. There you can be sure that your gambling experience will be safe and pleasant.

Who gambles online?

Have you ever thought about who the players on the Internet are? If in the land-based casino you can see the whole audience, then in the network you can hide under any mask. Most people assume that players are young people who actively use the Internet and know everything about it. And here they are wrong! It is just one of the myths about online gambling. Currently, according to statistics, online casinos are visited mainly by housewives who do not have a large income. For them, this is a great chance to escape from everyday routine, feel a surge of excitement and new sensations. And most importantly, you don’t need to go out of your house and travel long distances. Simply open your laptop and connect to the Internet.

Myths about online gambling
Housewives use online gambling in huge numbers.

 

Besides, analytical agencies noticed that the main audience in the field of gambling is aging. Does this mean that young people have lost interest in gambling? Of course not. It’s just that the Internet is now available to everyone. Therefore, the older generation also has a great opportunity to plunge into the web. Online gambling sites in the USA are visited by customers of different ages and occupations. Anyone can find something special and interesting on these platforms. Intertops can become your safe and reliable window to the world of online gambling!

Myth about online gambling: There is no way to make a lot of money in this field

Such a rumor has long been going on in the gambling world. However, it is not clear for what purpose. Allegedly, it is impossible to earn money in online casinos, and all the money has long been divided among themselves by large corporations. It is most likely those casinos that failed and went bankrupt spread the rumors. According to official statistics, the gambling industry now has one of the fastest growth rates in recent years. This is all due to the fact that the world of online gambling is closely connected to the Internet.

Quick access to high-speed Internet is no longer a luxury. Even mobile operators provide it for smartphones. Therefore, playing slot machines is possible not only from a computer screen. Such a rapid development of the Internet significantly outstrips the development and territorial coverage of gambling. Therefore, the field for activity is huge. Shortly, many companies will join the development of this promising zone. And meanwhile, you can visit the Intertops gambling site. This platform has already been developed for your pleasure. Try your luck and win today!

You can learn more about Intertops Casino here.

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