Topboss Gambling Blog

Online casino gambling is a pastime many people view as a money making opportunity. Others simply see it as fun, for which they’re willing to pay money – in the shape of the house edge and house drop. None of these two categories are immune to gambler’s fallacy though. The best way to explain how the gambler’s fallacy works is through an example: suppose a friend of yours made a bet with you to flip a coin and to get heads10 consecutive times. What odds would you offer on such a bet? If you were to give 1,000-1, you’d be ok: you’d still come out on top. If he made his heads 9 times in a row though, would you offer him the same 1000-1 odds? If you were to do so, you’d be grievously wrong, because regardless of the fact that the previous 9 coin-tosses resulted in heads, a head is no more likely to pop up on the last one than it was on the very first flip. In a word: the outcome of each and every coin-toss is on the very first flip. In a word: the outcome of each and every coin-toss is 100% independent of the previous flip’s outcome, and your odds for hitting tails are exactly 50-50 every time.

How exactly does gambler’s fallacy influence gambling? People are naturally inclined to look for patterns in chaos. We’re all programmed to try to make sense of things, sometimes even of occurrences that are completely random and chaotic and which carry no sense whatsoever. This is the very reason why people go about looking for patterns in the numbers the roulette wheel spits out. The same goes for every game which is based on randomly generated numbers. People play the roulette and think: the last 5 spins all resulted in black, a red is bound to land soon. This way of thinking is apparently encoded into our brains on such a basic level, that we can’t do anything to shake free from it. Even when I watch a wheel I don’t play at and see several black results turning up in a row, and I focus on the fact that none of the spins is dependant on the last one, deep down inside I still kind of wait for that red one to pop up.

The Gambler’s fallacy is at the base of the Martingale system, of which I suppose every gambler has heard. The Martingale system consists in doubling one’s bet every time he/she loses, in order to recover the losses. With an infinitely large bankroll, the Martingale system would probably work too, but because of the fact that all roulette spins are completely independent, extremely long losing streaks may occur without a problem, which may easily be long enough to kill the bankroll of the player who has the blissful temerity of actually staking money on the fallacious Martingale System.

One thing has to be noted about gambler’s fallacy though. It’s only a fallacy when it occurs at tables where the object of the event players bet on is reset for every bet. In blackjack for instance, as cards get removed from the deck, events directly impact subsequent ones. There, the “gambler’s fallacy” is at the very base of various card counting techniques. If the blackjack deck were substituted with a completely new one after every round, card counting would be impossible.

Whenever you decide to play in an online casino, make sure you pick one that gives you a loyalty deal like rakeback in poker (check out rakemeback.com or pokerprops.com for more details on online poker rakeback).

When we review any online gaming site we're looking for a set list of things. Basically, we want the site to have a good product, we want the site to be safe, they should offer good services and incentives - they should invest in their customer. When we recently came across MegaMoneyGames.com we were impressed by how well they managed to seamlessly do all these things. The product is excellent, plus, they develop it all in-house which means that their name and their product are one in the same (more incentive for a company to work harder on the brand). They offer a good selection of fixed-odds games (scratch cards, slots and lottery-style games).

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You can also visit onlinecasinos.org to learn important information so you can make educated gambling decisions like learning valuable insights and proper betting strategies for a variety of popular casino games.

It has been a while since we last updated our blog. We have had some personal tragedies that brought work to a standstill, but life must go on. On the Topboss news side - One of our designers Charlene has left Topboss to pursue other avenues. We wish her all of the best in her future endeavours.

We have launched some new websites which are still in the process of being completed, but you can have a look at them - Slots All is a slots dedicated website which features slots listed in themed categories. i.e Alien slot themes, Animal themes, mystical themes. You name it - Slots All has it. Still a lot of development to be done though.  

2 British sites have been developed - British Online Casino and Casino Online Casino which both list online casinos that accept play in Pound currency.

Topboss.com and Topboss Gaming have been fully converted from frontpage to Dreamweaver software and had a revamp at the same time. 

During the past few months there has been quite a bit happening in the South African Casino industry. The holding Company ( William Hill Group ) of 21Nova, Prestige Casino, Joyland Casino and EuroGrand removed the Rand currency option with no notification to players or their advertisers, so this left a bitter taste in the mouths of all concerned. Whilst William Hill is a reputable and well known company - it was a bit of a shock to discover they could do this in such a shoddy manner, and it is not what one would expect from a Group of their magnitude.

Slot Madness - The New RTG casino that launched in Rands and Dollars sold out to the Ace Revenue Group which resulted in Topboss removing all their banners as Ace Revenue does not have a good reputation and until they clean up their act - we are not prepared to be associated with them.

One thing that is guaranteed in the online casino industry is change...but that is what keeps it exciting!

Its been a while since we last made a post on our blog. This was due to changing software to a more user friendly interface. However the Topboss guys have been busy bees converting many of our old websites from Frontpage software to Dreamweaver.

The following sites have all been changed and revamped: Casinos Crazy, SA Casino Group, Piggs Peak Info, Topboss Casinos, Club Poker, Sterling Sevens, Flush Fever, Moonlite Casinos, Double Thunder and Big Seven Casinos.

Poker Crazy will be complete in the next few days.

Well Done to all our designers who worked hard to get these sites done ion a tight deadline.

We have also launched a few new sites - Flash Casinos which is dedicated to online casinos that require no download, Casino On Casino which is a general casino site and Topboss Media which is dedicated to social marketing in the casino industry.

Watch for more websites coming soon...

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The Topboss design Team have been hard at work during the past few weeks, whilst we have been converting old frontpage websites to Dreamweaver sites and various other tasks with stringent deadlines.

They certainly deserved to have the afternoon off to grab a bite to eat!

From left to right; Jan is our I.T Technical Manager, Shaun is our Office Manager and Charlene and Yolandi are our Website Designers.

Without this team - Topboss would not be as successful as it is!!

Well Done Guys!

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