Life is a game. You can win, and you can lose. But no one likes to lose – not even addicted gamblers. Too many lose in casinos and on gaming websites, but still, they keep playing. Keep checking the roulette online game collection.
There may be obvious reasons why the house always wins in land-based casinos, but why do people lose while gambling in an online casino?
It’s the unpredictability of the game itself. The elements of statistical variance are the number one reason why gamers may keep losing money online, and the primary way these casinos make money.
It’s always heads or tails. Both have a 50-50 chance. A winning streak of heads and more heads could build your confidence and drive you into a losing streak that you cannot handle.
The only way you have at your disposal to control variance is to keep playing. To continue playing is to accept that you can lose or win.
Consider, however, a statistical-based strategy to the bets you place so you can keep a rational head and healthier finances through it all. Stop putting too much on a single bet. Learn more about variance.
Big house edge / lower RTP
This is the casino advantage. Even though the random number generators are programmed to be heads or tails from the most natural and unpredictable events, the casinos always have the upper hand.
You can win despite the house edge. But when you lose, the house edge had a hand in that as explained here with insight on random number generators.
The house edge is a percentage figure that is always disclosed in-game details before you start playing. If you play blackjack with a posted 0.59% house edge, the casino will make a $0.59 profit for every $100 you bet.
The fun override switch
It happens that you are not winning, but you can’t stop playing. Winning is no longer the motivation; it has been overridden by fun.
Psychologists believe that at some point during gambling, winning ceases to be the sole motivator, and gamers keep playing even after they lose vast sums.
That happens because playing any exciting online casino game sparks your body to produce adrenaline and endorphins. These hormones give you a ‘high’ that most people often want to hold on to even during a losing streak.
Surveys show that even though big jackpots are enticing and the first reason that players visit online casinos, fun is a big, bold second reason. And if you are not getting number one, its human nature to try to get number two.
“It’s the enjoyment of the game that might be keeping you in it. It is borderline addiction, and too many losses should be your wakeup call to find something else for fun.” Says Professor George Gregory of the University of California.
Attractive game designs with little rewards
Some online games have been expertly designed to keep you playing. That is through the use of bright colors, for instance, that are naturally more arousing. Then there is music that can keep you playing and losing and doing it over again.
Just so that you don’t suddenly wake up and realize that you are losing, there are often little rewards to massage your ego along the way.
These rewards include bonuses, free spins, cash back on some losses, or additional credits. They keep you hoping that you can win. They take the bitter edge off of losing.
Some gaming platforms may also be designed with adaptive logic so that they pay out more than they take from gamers at a specified period.
After that, they will need to compensate for the losses on the house, and that means reverting to a less generous system.
Believing in tricks and lucky combos
This type of thinking, that there is a particular formula to winning or that there are some lucky numbers, is another culprit for losing.
All respectable and licensed online casinos use RNG, and the nature of the software is that events and chances are unpredictable.
The number that won you some money yesterday could drive you into endless losses if you firmly believe that it is your lucky number. That is faulty thinking.
When a betting strategy works for you, it’s simply by chance and won’t be like that forever. New outcomes in online casino games are independent of past results. Nonetheless, people take notes and lose even more.
These are some of the logical reasons why people lose while gaming in an online casino. Other factors could be bad luck or inexperience vis-à-vis, new players.