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The Phat Startup

The Ultimate Lifestyle Blog for Entrepreneurs

Blog Ideas That Make Money

With technology turning into a growing human necessity, blogging is rising as one of the best ways to boost your visibility and reach online. It is also a great way to make a great amount of money online, the best part being that you are in charge of everything about it. From deciding where your […]

What Seniors Need to Know About the Costs of Memory Care

When seniors and their families first tally the price of dementia support, sticker shock looms large. Specialized wings often outpace ordinary assisted living, and rates swing widely by state, service level, and building age. Yet price sheets reveal only part of the picture. Memory care facilities—communities built for cognitive decline—blend medical oversight, secure design, and […]

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Common Gambling Myths Debunked by Experts

Gambling myths are always doing the rounds. Some of them are easier to believe than others. One of the most common gambling myths is that the games are all rigged. Another is that some slot machines are ‘cold’ and others are ‘hot.’ There are perfectly logical reasons why many of the myths are false.

Casinos pump oxygen into the air

One gambling myth is that casinos pump oxygen into the air. The reason given for doing this is to make gamblers more energetic, so they gamble more. This one is easy to debunk. If they did pump oxygen into the air, they could start a fire and burn down the casino, as oxygen is flammable.

It is illegal to tamper with the air supply in many countries, and licensed brick-and-mortar casinos won’t do this. When playing at a real money online casino, you get a wide selection of games, good bonuses, and promotions. You also have the benefit of not worrying about the casino atmosphere.

Casino games are rigged

Casino games are designed to give the house an edge or they wouldn’t be in business. This does not mean that casino games are rigged. The edge plays out over a lengthy period and across many players, so it doesn’t mean you have no way of winning.

Slot games make use of Random Number Generators (RNGs), which guarantee that results are random. Third-party testing takes place to ensure RNGs are functioning properly. There is always the chance that you can walk away with a big win. You may just win the money you need to start a business or change your lifestyle.

Slot machines are ‘hot’ or ‘cold’

One of the common superstitions gamblers may have is that a slot machine can be ‘hot’ or ‘cold.’ If a machine starts paying out, they may regard the machine as ‘hot.’ If they play a machine that doesn’t pay out for a long time, they may think of it as ‘cold.’ RNGs put paid to this myth.

The way that RNGs function makes every spin unpredictable. Your chances are as high of winning from one spin as from another. All slot machines may go through a period where they pay out in rapid succession, and other times when they don’t pay out at all.

Dealers adjust games if players win too much

It’s a common myth that dealers will interfere with the game if players start winning too much. Why would they do this when they are fully aware that the house edge ensures the casino stays profitable over the long term? Land-based casinos are also regulated by independent bodies. They review the processes dealers use to ensure fairness for players.


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About The Phat Startup

The Phat Startup was created by Mike McOwen to create a space where entrepreneur lifestyle could be focused on. We tend to live a different lifestyle than most. Entrepreneurs tend to be interested in maximizing their life, not only their profit.

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