If you are new to online casinos, you quickly run into “advice” from friends, forums and social media. A lot of it sounds confident. Some of it even looks logical. And a big part of it is simply wrong.

This guide goes through the most common casino myths new players believe – and explains what actually happens under the hood. Understanding the reality won’t magically make you win, but it will help you avoid bad decisions, tilt and unrealistic expectations.

Key idea: casino games are designed around math, long-term edge and variance, not feelings or “hot streaks”. Short-term anything can happen, but the rules do not bend because it is your birthday, late night or “due to hit”.

Myth 1: “Slots are due to pay after a losing streak”

This is probably the most widespread belief among new players: if a slot has been cold for a while, it is “building up” and will soon pay a big win. You see 200 dead spins and think, “It owes me now”.

Reality: every spin is independent

Online slots use a random number generator (RNG). On each spin, the RNG picks a result from a huge pool of possibilities according to the game’s math model. The slot has no memory of what happened five minutes ago.

A long losing streak does not make the next spin any more likely to win. The opposite is also true: a big win does not mean the game must be “cold” afterwards. The odds remain the same.

Why the myth feels true:

Practical takeaway: do not increase your bet just because a slot has been “dead”. Treat each spin as fresh. Set budget-based limits, not “until it pays”.

Myth 2: “I can beat roulette with a betting system”

Martingale, Fibonacci, Labouchère, reverse Martingale, you name it – there are dozens of famous roulette “systems” that promise steady profit by adjusting your bet size after wins or losses.

Reality: betting systems cannot beat house edge

In European roulette, the house edge is about 2.7%. This percentage is built into the payouts themselves. No matter how you arrange your bets, the expected value of each spin remains negative.

Systems like Martingale (doubling your bet after each loss) rely on the assumption that you will eventually win and recover everything. In theory, on an infinite bankroll and no table limits, you could keep doubling forever. In reality:

When the streak hits, your required bet explodes, and you either run into the table limit or your own balance long before the “guaranteed” recovery spin.

Practical takeaway: betting systems can change volatility (how swingy your session feels), but they do not change the long-term math. Use them for fun only, not as a strategy to win.

Myth 3: “Higher RTP means I will win more tonight”

Return to Player (RTP) is usually shown as a percentage, such as 96%. Many new players think this means they are somehow “guaranteed” to get back 96% of what they wager in a short session.

Reality: RTP is long-term, not a promise for your session

RTP is calculated over an enormous number of simulated spins – millions or even billions. It describes average performance over a very long time, not the outcome of one evening or even a few weeks of play.

In a short session you can:

That said, RTP still matters. Over many hours and thousands of spins, higher RTP generally burns your bankroll more slowly than lower RTP at the same bet size.

Practical takeaway: use RTP to choose more reasonable games for the long run, but never treat it as a short-term guarantee. Bankroll management matters much more for a single night.

Myth 4: “Bonuses are free money – you can’t lose”

Welcome offers and reload bonuses are advertised as “extra” money or free spins. New players often assume that taking every bonus is automatically the best move because you “get more for the same deposit”.

Reality: the rules on bonuses are what really matter

Almost every bonus comes with wagering requirements and other conditions:

All of this reduces the real value of the offer. Some bonuses are decent, some are harmless fun, and some are so restrictive that they are barely worth taking unless you enjoy grinding wagering.

Practical takeaway: a smaller, clean bonus with low wagering and simple rules is usually better than a huge “up to €2,000” banner with brutal conditions. It is okay to play without a bonus if you want frictionless withdrawals.

Myth 5: “Night-time / weekends / full moon have better payouts”

You will hear variations like “slots pay better at night when more people are online” or “weekend is when casinos are generous”. It sounds believable – there are more players, more bets, more jackpots being won…

Reality: payout odds do not change by clock or day

For regulated online casinos, slot math and RTP are set by the game provider and certified by testing labs. The casino cannot simply flip a switch to make your session looser at 3 AM.

What changes is:

Practical takeaway: pick your play time based on when you feel fresh and in control, not on superstitions. Avoid long, tired, late-night sessions – they are more dangerous for your bankroll, not more generous.

Myth 6: “Live dealers can influence the outcome if they like or dislike you”

Because live casino games involve real humans on camera, new players sometimes think dealers can somehow “help” or “hurt” them based on how they chat, tip or behave in the room.

Reality: procedures and cameras, not moods, control the game

Live casinos use strict dealing procedures and multiple cameras. The dealer’s job is to follow the script: shuffle, spin, draw. They have no control over payouts. In many games, like live roulette, the physical process (wheel + ball) determines outcomes.

Dealers are also monitored and recorded. Any attempt to cheat or favour someone would be a direct violation of their employment and the provider’s license.

Practical takeaway: be polite to dealers because they are people, not because you expect better results. Your edge does not change if you are charming or silent.

Myth 7: “Streamers always win, so casinos must be easy to beat”

Many beginners arrive at online casinos after watching big wins on Twitch, YouTube or TikTok. It creates the impression that huge bonuses, instant max wins and constant retriggers are normal everyday results.

Reality: you see highlight reels, special deals and very high volume

What you usually do not see:

Copying streamer bet sizes or bonus buys with a small bankroll is one of the fastest ways for a new player to go broke.

Practical takeaway: treat casino streams as entertainment, not financial education. Scale everything to your budget – if a streamer bets €10 per spin, that might correspond to €0.10 or €0.20 for you.

Myth 8: “If I keep playing, I can win back my losses”

This myth is more psychological than technical, but it is extremely common. After a bad session, new players feel that stopping would “lock in the loss”, while continuing gives them a chance to “get even”.

Reality: chasing losses is how small problems become big ones

The longer you play a negative-expectation game while tilting, the more likely you are to do things you would never do in a calm state:

Games do not change because “you need the money back”. The house edge stays the same, and your decisions usually get worse.

Practical takeaway: go into every session assuming the money can be lost. Decide your stop-loss (and even stop-win) amounts in advance. When you reach them, stop – regardless of what happened five minutes ago.

Myth 9: “Licensed casinos will always refund me if I lose unfairly”

Regulation and licenses are important. But some new players interpret this as “if I have a terrible run or misread a bonus rule, the authority will force the casino to refund me”.

Reality: regulators protect against fraud, not bad luck

Licensing bodies mainly care about:

If you lose money on correctly functioning games, that is not something a regulator will reverse. They may step in if a casino refuses legitimate withdrawals, manipulates game outcomes or breaks its own terms – but they will not re-roll your luck.

Practical takeaway: prefer licensed casinos because they are held to standards. Just do not treat the license as insurance against normal gambling losses.

How to think about casino games realistically

Stripping away myths does not mean you cannot enjoy casino games. It just means you approach them with a realistic mindset:

Key takeaways

Tip: if you understand the myths and still want to play, treat online casinos as a form of paid entertainment. Use our rankings to filter out weak brands, then pick the one that matches your budget, games and payment methods – not dreams of “easy money”.