Digital betting has grown significantly in the last two decades, and the industry is surrounded by numerous myths. Many believe this activity is a deception to get users’ money and never pay out winnings. Multiple misconceptions can be found online, and they can mislead punters desiring to try their luck during major sporting events. Whether you are a skeptical individual or a newcomer wishing to know the truth, explore the most common stereotypes about iGaming and the actual information behind them.
Myth 1: Online Bookmakers Are Rigged
The main point preventing users from joining betting platforms is the fear of losing money. While many punters are theoretically ready for failures after making a wrong prediction, they are still afraid that online bookies can deceive them. Of course, gambling companies set up a particular house edge (they need to profit), but it doesn’t mean that each outcome is manipulated.
The truth is, the iGaming industry has grown in the last decade, and specific regulations have been developed in numerous countries. In most cases, online bookies must acquire a license from bodies like the Curaçao Gaming Control Board, MGA, UKGC, etc. These regulators indicate that their licensees must comply with global standards and provide customers with fair and transparent conditions.
The real issue arises when users join unregulated platforms that can actually appear rigged. Hence, those desiring to try their luck in online betting should opt for certified destinations with decent data protection measures.
Myth 2: You Can Never Win in Online Betting
The odds are often calculated in the bookmaker’s favor since they have to gain revenue. However, users can still win real money in online sportsbooks, especially when this entertainment requires skills. If a user knows all the peculiarities of a specific discipline, chooses the right betting market, and places a correct prediction, they can request a withdrawal from the website.
Reliable bookies with excellent reputations, such as 1x Bet online, are always fair towards their customers and pay out on time. Users should opt for time-tested service providers and avoid platforms lacking reviews or vague terms and conditions.
Myth 3: Online Bookmakers Are Illegal
As mentioned, the rapid rise in the online gambling sector encouraged governments to initiate new laws controlling the sector. Of course, it remains prohibited or a grey zone in many regions, but a lot of countries have already legalized this entertainment. Here are some key points users should check before engaging in online betting:
- Learn whether betting and gambling are legal in your region
- Ensure the online bookmaker has a valid license from a regulatory body
- Check whether the terms and conditions are clear and understandable
- Discover the security measures used by online sportsbooks
The availability of responsible gambling tools, including on-site deposit and loss limits and push notifications about the need to take a break, is beneficial for punters. While many betting platforms operate legally and hold valid licenses, multiple scammers create fraudulent resources to steal players’ identities and money.
Myth 4: Only Addicts Bet Online
It’s not a secret that gambling can result in addictive disorders. However, not everyone who engages in the activity suffers from compulsive problems. Many punters visit bookmaker sites just to have some fun when watching matches on their favorite disciplines and use betting as a way to support their preferred teams.
The majority of sportsbook members only visit these platforms during major tournaments and maintain a responsible approach. Setting budget limits is the key to success, and exploring safer gaming techniques helps one stay in control without the risk of addiction.
Myth 5: Betting Is Easy Money
Many people perceive gambling as a way to earn cash quickly. Big wins really happen in the industry, but in most cases, successful outcomes are not driven by the person’s luck. Instead, they require a blend of skill, strategy, and quick decision-making. Many punters lose money due to unrealistic expectations, and this is where the stereotype about easy profits is broken.
Smart bettors consider this pastime entertainment or a hobby requiring initial investments and never concentrate on winnings. Focusing on the excitement of this activity and the emotions users experience when betting often leads to higher cash prizes, while lucky users don’t even think of profits.
Myth 6: All Promotions Are Fake
Some users prefer to avoid bonuses even despite joining online bookmakers, being confident that they are a deception. The thing is, sportsbooks face huge competition in 2025, as new iGaming companies are launched almost daily. Operators are forced to stand out, and while betting odds and markets are pretty much the same, exclusive rewards are a way to attract broader audiences.
Modern technologies, for instance, AI and Machine Learning, allow recognizing punters’ interest from the first interaction and delight them with specific incentives that suit their needs. In this case, customers can receive thrilling bonuses and, of course, get fair winnings if their bet is successful.
