Thu, May 2, 11:54pm by Ethan Anderson
Last Updated Tue, Oct 8, 12:29am
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Bingo is a growing online gambling industry. Many of the biggest names in Internet gaming now have their own housie playing sites, which offer both free and real money games and tournaments. Because it’s a newer or less established gaming niche, not as many facts are known about it. This can lead to a series of wild suppositions or outright lies being told about the games. To clear up any misunderstandings about online bingo, we want to dispel the illusions by offering accurate information.
A classic fallacy of raffles, lotteries, and bingo drawings is the idea your odds increase when you buy more cards. The odds remain the same. People assume buying extra cards gets into fractional math, instead of simple subtraction. The probability of winning remains the same, so buying 6 tickets is not going to increase your proportional chances of winning. Sure, you might get to a win 6x as fast as you otherwise might, but you also spend 6x as much money to achieve that result.
Like every other form of gambling, so-called experts claim you can beat the game of bingo. Somebody eventually comes along who claims they know a system which somehow turns the odds around, giving you an advantage over the house. These supposed experts are nothing more than con men, because they know that the balls are chosen randomly and the odds are against you winning more than you lose. In other words, they lie to sell books, e-book PDF’s, or instructional videos. Don’t let these people take advantage of ignorance. Learn the odds of bingo and understand nothing (legal) you do could give you a chance of beating the game. Play for fun and be happy if you get lucky.
One fairy tale about online bingo sites is they are unsafe. If you play at a legitimate website with full disclosure and licensing, you have nothing to fear. Check to see if a site is legit by seeing who licenses and regulates the bingo parlour. Also, check to see if they use a third-party auditor to determine whether their software is secure and their games are fair.
These companies, like Technical System Testing or TST out of Australia, test several times a week and leave a time stamp of the last time the games were audited. If you take these steps to assure your Internet bingo play is safe, you have nothing to fear. Your credit card information is safe, your personal information is secure, and the games are regulated.
The flip side to the logic above is the idea that live games are safer. We would argue that the opposite is true. Because software is designed and redesigned to provide a fair and reliable method of producing results, the technology to support games goes through a rigorous process of oversight.
A software company like Microgaming tests their products all the time, to assure their operators get the product they need. But Microgaming is also concerned about the gambling public, because they know their industry depends on trust. When you compare that against local operated bingo parlours with no on-site oversight and no technical testing methods, the difference is stark.
When you play live housies, you’re depending on the locals to provide a fair game. If you know these people, you might trust them. If you don’t know them, you have to ask yourself whether they have friends they’d like to help, even if they think it’s for a good cause. You don’t have to worry about nonsense from an online site.
Another misconception about these sites is the players you play against aren’t real. Instead, they’re supposed to be fake players with made up usernames who didn’t really buy into the game. Again, these websites are tested by several outside organizations. Industry-led watchdog groups exist to oversee the games, much like Microgaming-led eCOGRA watches over many online gambling sites.
Another thing to consider is the fact these are big corporations with many people working for them. Like any businesses, they’re going to have disgruntled ex-employees. If they were engaging in these unfair practices, then a former employee would talk about it. Like some of the real Internet gaming scandals of the past, if these people knew what was going on, the informational nature of online gambling means they could collect the data to support (prove) their claims.
People like to think they can figure out a code which gives them an advantage over other players. The numbers are determined with a real random number generator, a computer chip which creates thousands of results per second. When the organizers hit a button, the results are created at random. At the instant the button is pressed, one of the results of processed. No one can figure out what’s going to happen in that split second of time the winning number is chosen.
Along the same lines, gamblers believe they can find a pattern in the recent wins which gives them an indication of what’s about to happen. The idea is that some numbers are “hot” and others are “cold”. Of course, another group of players believe just the opposite: that those numbers which haven’t hit in a while are “due”. This gambler’s fallacy is based on a wrong understanding of the law of averages, which is really no law at all. No two results are connected, so no two numbers are more or less likely to appear than others.
This info on common myths about housie gambling should set most people straight. It’s a shame people in the industry have to spend time to refute so much Internet folklore. People say we have too much information at our disposal and, in a way, they’re right. It’s hard to know what’s right, wrong, and just plain false. We not only live in the Information Age, but the Misinformation Age, too. Hopefully, this can enlighten and inform.