Myths

What is a myth in general? It is something people believe to be true though nobody proved it for sure. The field of gambling is not an exception here: the question "what is a myth?" does not care players because they follow many of myths and really believe them to be a reality.

Slot machine myths

Everything that will happen inside the slot machine's RNG (Random Number Generator) is either random or close to random that humans can make it. The streaks you observe are called "fluctuations in probability" by mathematicians and for normal people it could be called good or bad luck.

With each spin of the reel the probability of that or this result is precisely the same that is was in the previous spin of the reels.

Table game myths

Slot players are not only the ones who have the misconception, even the table game players have a numerous misperceptions, myths and money losing ideas when it is about their choice of games.

Blackjack myths

The game of blackjack is judged whether its good or bad based on the regulations of a particular casino and also the amount of penetration the casino gives. Penetration is on the dealer as to how deep or shallowly he goes into the deck before he shuffles. Shallow penetration is normally considered bad, deep penetration is considered good.

Card games where card counting can be done are in fact also good for the casinos sine they can deal several more hands in the game. In most cases, these hands which are dealt to the player will not give them an edge over the casinos. This means there are bigger chances for the casinos to make profits and lesser chances for the player to win.

You would want to look for games with good rules but poor penetration. Lots of casino executives are not aware about the fact that deep penetration will allow them to make more money. Its true that card counters will get their one percent edge however other players, playing at one half to two percent edges against them will make up for more than what any card counter can win. Whenever you are checking the ratings for blackjack games, you want to make sure that the writer has written for basic strategy players or for card counters.

There is one more common myth about blackjack, once should always think that 10-valued card is in the hole with the dealer. So if dealer shows you 10, you think he has 20 and based on that make your standing and hitting decisions. In a deck of 52 cards there are sixteen 10 valued cards and 36 non 10s, there is more possibility of dealer having non 10 in the hole that a 10, particularly if his upcard is a 10.

Your basic tactics has nothing to do with what you think the dealer has in the hole. This is strictly based on the dealer's upacard. The moment computer finds out the beset way to tackle, say, your 14 against dealers 8 up card, this goes through every possible blend of hole card and falls out against them based on standing, hitting, doubling etc., to figure out the best option to play the hand.