THE gambling world is full of myths and superstitions. Take a trip to a bookmaker or casino on a Saturday afternoon, and you will find plenty of people with their lucky talismans or items of clothing claiming to have cracked the code to gambling success.
One idea that has become increasingly popular is that casinos are more likely to pay out at the end of the month. In this guide, we will find out much truth in this idea, and debunk some other popular myths.
Casinos pay out more at the end of the month – Myth or fact
Let’s get this one out of the way fast. There is no truth to the idea that casinos pay out more at the end of the month, whether online or in physical venues. The idea has been fabricated by the notion that casinos will need to balance their books more at the end of the month or that there is a pre-determined amount they will pay and therefore need to meet that quota.
Both of these ideas are speculative and false. Casinos are based purely on luck, with online casinos using random number generators (RNGs) to determine the outcome of each spin, ensuring no third party can impact how it plays out.
What is the best time to go to the casino
There are a lot of myths about the best time to visit an online casino. Most of these are pure superstition. However, there are some things you should consider when choosing when to visit a casino.
Promotions and bonuses
A great time to visit an online casino is when they are running a specific bonus or promotion. Bonuses can be an excellent way of giving your account a little boost or getting some access to free spins. You will find that casinos are likely to run big promotions to tie in with events or holidays. We also recommend signing up for any newsletters with casinos so that you can stay current with any promotions.
Slot tournaments
Slot tournaments can be an excellent way of giving your account balance a boost. These are tournaments where players compete with one another to see who can land the biggest prize. Winners are then paid out in either funds or bonuses.
Personal comfort
One of the most important things is playing when you feel comfortable. Players should not play when they feel stressed or under pressure, as they are more likely to make bad decisions. You should always ensure you gamble responsibly and when you feel you can enjoy it.
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Availability of games
The game availability is a big factor in determining when to visit a casino. Some casino games, like bingo or live casino, may only be available at certain times, so there is no point in attempting to play outside of them. Online slots, of course, are available around the clock.
Weekdays vs. weekends
One popular superstition is that playing on certain days or times of the week is better than others. This is a myth, and there is nothing to suggest that playing at weekends is more beneficial than on weekdays or vice versa.
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Get acquainted with casino payouts
When you are playing online slots and other popular casino games, you will come across many terms and acronyms related to payouts. Let’s take a look at some of the most common you will encounter:
- RTP is one of the most common terms you will encounter when playing online slots. This stands for return to player, and it indicates how much of your money you are likely to see returned to you over a period of time. This is often displayed as a percentage. For example, a slot with 96.5% means that, in theory, if you bet £100 over a period of time, you would get £96.50 back. It is important to note that RTP is not an exact science and that the period of time it returns over is undefined.
- RNG stands for random number generator. These are algorithms used to determine the outcome of the spin of a reel or your turn in a casino game. RNGs ensure 100% fairness and can not be impacted by the player or the operator.
- House Edge indicates the percentage of advantage that a casino has over the player. It is the opposite of the RTP, displaying the percentage of your money a casino is likely to take over a period of time.
- Volatility tells you how often a slot is likely to pay out and what kind of payouts you might get. For example, a slot that is highly volatile or of high variance will not pay out regularly, but when it does pay out, it has the potential to pay big. A low volatility slot, on the other hand, will pay out more regularly, but those wins are likely to be smaller.
- Progressive & Fixed Jackpots are two words you will see used to describe jackpots are progressive and fixed. A progressive jackpot grows the more time it is played, with a small percentage of each stake being added to the pot. Fixed jackpots do not change in value, offering players a set amount to win, commonly displayed as a multiplier of their total bet.
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Do casinos change their gaming systems at different times of the month?
No. Casinos are consistent, and there is no time of the month when gaming systems are changed to be more beneficial to either the casino or the customer.
Why do people believe certain days and times are better for gambling?
Gamblers are famously superstitious. While gambling is based solely on luck, some players like to believe that other external factors have an influence on the outcome. One of the most common is the time and day. You will often find this is because they once landed a big win at this time or that they had a particularly lucky streak on a certain day.
Do winning slots depend on the season?
No. Winning slots are not impacted by the seasons in any way. Your favourite online slots are just as likely to pay out in the winter as they are in the summer, despite what some superstitious gamblers might have you believe.
What triggers a jackpot on a slot machine?
Jackpots in online slot games are triggered in different ways. In most cases, jackpot bonuses are won in some sort of bonus round, with players needing to land a specific combination of symbols to launch the round. There is, however, no specific time when they will trigger, with the results being determined by an RNG.
What is the best day of the month to win at a casino?
No individual day is better than any other to win at an online casino. The idea that certain days are better for winning than others is rooted purely in superstition and is not backed up by any fact. Online casinos use RNGs to determine the outcome of each bet, ensuring that the casino or the player has any influence.
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What time of the month do casinos pay out the most?
There is no specific time of the month when casinos pay out more than others. All results are 100% random and therefore are not influenced by time or other factors.
When does the prize pool in online slots become full?
It doesn’t. Online slots do not have set prize pools, and operators are happy to just keep generating cash from players. There is no limit on how much money a slot machine can receive. Some progressive jackpots may have daily payouts guaranteed, but there is no time or limit on when and how much they will pay out.
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Is there any way to tell when a slot machine is about to hit?
No. Despite what some bettors will have you believe, there is no way of telling when an online slot game is going to pay out. The same applies to other popular casino games like roulette and blackjack. The idea that a machine is due to pay out or that you are due a win is based on nothing but speculation.
When is the best time to go to a casino?
The best time to go to a casino or play online is whenever it is all down to personal preference. We want to emphasise the fact there is no optimal time to gamble and that anyone that tells you any different is basing this off pure superstition or myth. We encourage all of our readers to gamble responsibly and not to believe that they are ever due a win or that betting more money at certain times will be beneficial
🔎 Read more from Liam Hoofe
- How to win at online slots: Tips for maximizing your slot wins
- I’m an expert punter and here are my favourite £5 betting sites
About the author
Liam Hoofe
Liam is an experienced iGaming and sports betting journalist based in Cardiff. He has worked in the sports betting industry since 2017 and has provided content for some of the biggest casino and betting brands in the UK. He has also covered football and other sports for both regional and national newspapers.
Find Liam on Twitter: @LiamHoofe
Remember to gamble responsibly
A responsible gambler is someone who:
- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn’t gamble if they’re upset, angry, or depressed
- Gamcare – www.gamcare.org.uk
- Gamble Aware – www.begambleaware.org
For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.
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