Responsible Gambling Awareness Week -
October 20-26, 2008
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Myths vs. Facts
Increase your knowledge about gambling and how the games work.
Myth:
Losing streaks don’t last forever. Keep playing and you’ll win it all back.
Fact:
The longer you play, the more you’ll pay. Period.
Myth:
Losing streaks don’t last forever. Keep playing and you’ll win it all back.
Myth:
If you flip a coin ten times and it comes up heads all ten times, you can predict the outcome of the eleventh flip.
Fact:
Every time you flip a coin, your chance of getting heads is 50/50 and your chance of getting tails is 50/50.
If you flip a coin ten times and it comes up heads all 10 times, the chance of getting heads or tails on the eleventh flip is… you got it, exactly the same, 50 per cent.
Myth:
If you flip a coin ten times and it comes up heads all ten times, you can predict the outcome of the eleventh flip.
Myth:
Machines go on “hot” or “cold” streaks.
Fact:
Machines are programmed to pay out randomly. There is no way to predict when or how much.
Myth:
Machines go on “hot” or “cold” streaks.
Myth:
Betting systems can improve your odds.
Fact:
No system can overcome the randomness built into every game. There is nothing wrong with hoping to win - that’s what makes gambling exciting - but there is no 'system' players can use that will change the inevitable and guaranteed loss of money over time.
Myth:
Betting systems can improve your odds.
Myth:
Gambling isn’t a problem as long as you can afford it.
Fact:
Gambling, like anything, can become a problem when it begins to have a negative impact on you or your family.
Myth:
Gambling isn’t a problem as long as you can afford it.