Increased Percentage of Winnings in Online Casinos During Quarantine- Truth or Myth?

There appears to be this common myth amongst people that online casinos will usually set their games. Such that it will offer players a massive amount of money (i.e., winnings) so that players will put a large amount of money into betting
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The Novel coronavirus is now one of the most significant issues being faced by many people in the world today. The vast rate at which it spreads, and the death threats it poses in the year 2020 has resulted in the declaration of lockdowns in many nations all over the globe. This lockdown has not only affected the residents of these countries, but many industries have also been badly hit, and land-based Casinos are no exceptions.

These lockdowns and shutdowns, as the case may be, have made people who are generally home-bound bettors to turn to online casinos. The numbers are very significant and are record ones. As of March 2020, both online casino games and poker have recorded a revenue of $24.3 million, and the closest to it was $19.5 million revenue for the previous month.

It is a proven fact now that Australians are spending above normal on online gambling during this period, and online casino is at the forefront. The trend of many countries has been followed by the Australian Government. The Government has also pumped quite an amount of money into the economy.

As of March 2020, pensioners, as well as social security recipients, have received a payment of A$750 to boost their spending. This has been a blessing in disguise for the online casino business in 2020 as there was a very obvious shoot in expense, and the significant one has been at online gambling sites.

Statistics shown on The Sydney Morning Herald and The Age have shown that there was an increase in online gambling, with about 67 per cent in Australia. The statistics were based on data collected between March 30th and April 5th, 2020. These statistics were validated by the  AlphaBeta analytics.

Online Gambling Statistics in Australia

Years

Amount Spent

Amount Lost

2016-2017

$181.4 billion

$20.1 billion

2017-2018

$152.3 billion

$17.6 billion

2018-2019

$183.8 billion

$19.6 billion

2019-2020

$191.2 billion

$27.1 billion

 

There appears to be this common myth amongst people that online casinos will usually set their games. Such that it will offer players a massive amount of money (i.e., winnings) so that players will put a large amount of money into betting.

Millions of people out there love to play online gambling, especially during the pandemic periods. The myth has created some kind of bad reputation among players, and people are now becoming doubtful concerning it.

It should, however, be known that there are free play areas at many online casinos, at least the standard ones. These permit players to get the vibe of how the games will go before they store genuine cash. There are online spaces and table games that are made accessible for the players to play for a couple of moments. And directly after this will the players change to genuine cash if they so wish.

The popular belief that there has been an increased percentage of winnings during the pandemic is not right and remains a myth. The system has been configured to operate in the same manner in which it has been since its inception. The play money games work on the same RNG as the real money option. They are from the equal software provider without a change in any of the components.