Monday, May 3, 2021

Why You Should not Gamble Online – Secrets Revealed!

Introduction

One of the biggest issues today, during the Covid-19 era, is how online has become the mainstay for billions of users. Literally billions of people around the world are turning to the internet as a solution to their lockdown environment. Whether it is for work at home, or for ordering food and services and streaming social media the internet is the today’s solution for lockdown.

Two by products of the internet have grown exponentially, one is the online sex scene, and that is not being discussed here, the second is online gambling, which is our focus.

Analog Gambling vs Digital Gambling

Gambling has been around ever since the first human walked the earth, it is part of our nature to gamble. Whether we gamble for money or for thrills (and in some cases endangering lives) we actually gamble every day unintentionally. Gambling is essentially a decision making quandary when an outcome is not known and we do not have the information to know the outcome. Yet we decide to make a decision knowing we do not know the outcome. Analog gambling has two controls, the first is our contact the situation and the second is the situation itself. Lets take a closer look:

Analog Environment

You are sitting at a black jack table in a casino, you know the game and you know the risks. You know the house always wins in the end because the rules of payout are preset in the favour of the house. Yet, with this in hand, you will still try to beat the house. This is straight forward gambling. The only other forces that can impact your success are either your mental state, such as; are you drunk? or the house ethics such as, are the cards stacked. Then there are cheats such as card counting, or card marking. In an untainted environment where everything is legitimate, the outcome is based on your understanding of the game, the cards coming out and the house rules.

Now let’s take a look at the digital environment, and why so many “mugs” are daft enough to gamble online. (And yes, I am not mincing my words or making them softer for you.) if you gamble online you are a mug, not a gambler. A gambler is someone that has a certain amount of control over the environment, a mug is someone that has none.

Digital Environment

The world of the internet provides us with extreme graphic experiences, it plays on our emotions and needs using graphic representation. Just as we initially eat with our eyes, food has too look good first, so too does the casino need to be enticing, and nothing is more enticing than a perfect digital scape. Digital is all about the eyes! and then there is digital psychology where colours and icons are used in combination with 3D and HD rendering making the user interface exciting. So far, no different from the real world, especially if you visit Las Vegas. However, there is one big difference between Las Vegas and Digital: in Las Vegas you still have control over your environment, you still get to decide which game to play in which location and how you play it. You also rely on the ethical integrity of the casino to abide by its own rules.

Now lets go online, where is the difference? It is in the environment. The software that the casino uses to generate the outcomes. These systems are mathematically weighted and controlled. These algorithms emulate the real life outcomes but come with one adjustment, they come with a weighted percentage of success added in. This essentially provides the digital casino owner with 100% proof of success.

What is Weighted Percentage of Success?

The weighted percentage of success is an additional algorithm added to the game algorithm and takes into account all the players in the game adding a percentage of overall success for all of the money being staked. It takes a percentage of this money, for instance 5% and claims this as income for the casino. This means that no matter how much money is being used and no matter how many people are online, the system will take 5%. This algorithm is different for each game, where some games have a higher profit rate than others. Some games go all the way up to 25% or more. Now the more ethical sites will only take around 5-10%, but there are less ethical sites and they will take higher percentages. What this means is that you are not gambling in the usual environment with the standard rules, you are playing in a stacked environment. You are giving an extra % of your money automatically whether you like it or not. But even if you look at this as an entrance fee, it impacts the actual gambling algorithm. It adds to the house benefit, and therefore means the house has adjusted the rules in its favour.

Conclusions

There is nothing like printing your own money, and online gambling is a money printing press…it takes your money whether you want to give it or not. The moment you start to gamble, you will lose. If you gamble online you are not a gambler, you are a mug!

The post Why You Should not Gamble Online – Secrets Revealed! appeared first on Fuzzy.One.



from WordPress https://ift.tt/337dlxB
via IFTTT

No comments:

Post a Comment