If your internet browsing habits go beyond social networks and breaking news, you have most likely stumbled upon gambling-related ads, or even whole websites, tempting you with big wins if you join whichever gaming destination they might promote. There are even personal finance blogs out there saying that online gambling might be a way in which you could round up your monthly income with a relatively low risk and investment. While gambling surely has its place in some people’s lives – some enjoy it, others don’t – considering it a source of income might just be a big mistake. Here’s why.
They’re called “games” for a reason
If you take a look at , you’ll see that there are hundreds of games listed there. And the term I highlighted – games – should be the first sign that if you want to make money, you’re in the wrong place.
All games of chance at the Vegas Palms Online Casino – to stick with the above example – are meant to entertain, not to put money in your pocket. Sure, you have the chance to end up winning big at the Vegas Palms, but that shouldn’t be the reason why you are there. The Vegas Palms is first and foremost an entertainment venue, meant for those who enjoy its games – slot machines, card games, bingo, and their likes. These games were not built to provide you with a certain income, but to offer a very specific type of online entertainment to those who seek just that.
RTP
If you dig a bit deeper into the world of online casino games, you’ll most likely stumble the acronym “RTP”. It stands for “Return to Player”, and is usually followed by a percentage close to 100%. Return to Player, or RTP, represents the amount the player will lose playing a game in the long run.
Say, if you play $100 on a slot machine which has an RTP of 96%, you should know that – theoretically – at the end of the day, you’ll have $96 left in your pockets and $4 in the casino’s bank accounts. Of course, since the game is completely fair (which, in the iGaming industry, is synonymous to “random”), you may end up doubling your cash or losing it all. That’s why they are called “games of chance”. There are games with higher and lower RTPs, and there are a handful popular games that, when played the right way, can have an RTP over 100%. Still, relying on these as a source of income is not what I would call a good investment.
It’s entertainment
Slot machines, blackjack, video poker – these are all games that are enjoyed by their players not for their money-making potential, but for their entertainment value. And they shouldn’t ever be considered a means of making money.
