False Hope Wins
The analysts and online casino industry detractors are quick to point a finger at the internet gambling companies for perpetuating an industry that is rampant with gambling addiction false hopes, and other dangers. This is a bit of an over-generalization about an industry that is essentially as safe and fair as the land gambling industry and recent evidence suggests that the online casinos show the same levels of problem gambling. At the same time though, the nature of the internet may set up some false expectations and hopes within the global online casino gambling industry because the news of major jackpot wins is so easy to spread and disseminate.
Basically, there are online casinos and information portals that are quick to highlight every single day the hundreds of gamblers who are taking home significant jackpot winnings from the gambling sites – and some even hitting multi-million dollar progressive jackpots. But what the news isn’t stating is the fact that the largest percentage of internet gamblers are breaking even or losing money. There are some winners out there, but there are also a lot of losers. Gambling is a game and the online casino gambling sites are one way to participate in that game, but gamblers need to enter with the realization that games of chance are entirely random and there is no guarantee that they will ever even break even.
Essentially, the key is for online casino gamblers to understand that although the industry media is quick to highlight all of the wins taking place, there are no sure-bets in the gambling industry and the game should be approached as just that, a game, a hobby, and not a money-making scheme.
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