Gambling Myths and Facts

Gambling Myths and Facts
 

MYTH: I must be close to winning; my last several hands were duds.

The fact is: a win is never due. Every outcome of gambling is random. 

MYTH: A break won't make a difference. I'm going to keep going.

The fact is: taking frequent breaks while gambling will help you make better decisions. You can set a session time limit to cap the time you play in a day, or even opt for a short or long term break.

MYTH: Online betting apps and sports betting sites are all the same. 

The fact is: some gambling sites and apps are licensed and some aren’t. Make sure you play on Atlantic Lottery's app or on alc.ca: there are tools built-in to help you put healthy play strategies into action. Atlantic Lottery is also the  only operator legally permitted to offer sports betting in Atlantic Canada. 

MYTH: I was only one number away from a big win; so I really should keep on playing.

The fact is: a losing ticket is a losing ticket, no matter how close it came to the winning numbers. There’s no predicting a win. Your chances remain the same every time you play.

MYTH: I've developed a system of play that guarantees I will win.

The fact is: no gambling system can beat the house over the long term.

MYTH: Setting a budget won't help manage my spending.

The fact is: setting a budget and deciding how much time you'll play are good strategies to help you stick to your limit. On alc.ca, you can use PlayWise tools to set, track and stick to your limits. 

MYTH: I'm on a roll, my lucky streak continues.

The fact is: there is no such thing as being on a roll. A few wins doesn't mean you'll continue to win. 

MYTH: If I play twice as long, it will double my odds. 

The fact is: frequent play will not result in winning more often (relative to losses). 

MYTH: VLT machines are hot and cold.

The fact is: you may feel like you're on a winning streak, but really those outcomes are just a coincidence and have nothing to do with each other. 

MYTH: I have been playing this machine for hours. It’s due to pay out.

The fact is: you could play forever. It won’t matter. As with all games of chance, the outcomes are completely random. You can’t predict when a win will occur. Every spin has the exact same chance of being a winner or loser.

MYTH: If I play Lotto 6/49 regularly for many years, I'm bound to make a profit over time.

The fact is: there’s no predicting wins or losses ever. The best plan is thinking of the lottery as entertainment, not as a way to make money.