Gambling Addiction Basics

The coming age has brought with it numerous new pathological addictions, one of them being addiction to gambling. Pathological gambling was conferred with the status of a disease by the American Psychiatric Association back in 1980s. Robert L. Custer, M.D., is a pioneer in this field of problem gambling.

People who fall prey to this addiction are usually those who secure an income by means of blackjack, poker or other gambling activities. They are professional players who visit casinos not for fun sake, but to employ their skills and earn.

Based on their way of playing and the driving force behind it, gamblers can be categorized. For example, while professional gamblers are skillful and good in their game a casual gamblers plays merely for recreation.

The symptoms of gambling addiction are usually hard to identify. Since this disease is different from other substance related addictions like drug or alcohol abuse, the indications of this sickness are subtle. The nearest possible way in which the symptoms of this addiction can be stated is through the “Custer three Phase Model”. According tot his model, the gambling addiction can be characterized by three phases: the wining phase, the losing phase and the desperation phase.

In the wining stage, the compulsive gambler is ecstatic and overexcited with this earnings and is unwilling to quit gambling. Therefore, the addict usually increases his intensity of gambling . However, losing being the other half of gambling, his wining streak is short-lived. Nonetheless, recurrent losses do not deter him as he wants to win again and get his money back. Addicted gamblers suffer from financial stress, loss of sleep, and mental fatigue in this phase. They face problems at the family front. The patient also tends to borrow huge amounts or avail some money making schemes. As the gambler continues to face loss on every alternate day, he finds it difficult to stay away from gambling. Compulsive gamblers may resort to any means to raise funds for their obsession. They become desperate, with their debts becoming unmanageable. Loss of jobs, fight with friends and family, committing crimes or suicidal tendencies define this phase.

The question as to why does one gamble, can not be answered in definitive terms. One of the dominant reasons is the mental health of the gambler. For some people gambling serves as a n escape route from their lives. A compulsive gambler plays for kicks. He is just unable to stay away from it. Many researchers also blame the easy accessibility to casinos. The government and its lottery fund is also widely condemned.

Treatment programs and centers exist to treat this disease. Regular therapy and counseling is an effective and a widely used technique to cure this disease. Various support groups have also cropped up, where the addicts share their experiences and strengthen each others desire to quit gambling. Some groups that fund such programs include casinos and state lotteries. Some casinos lay stress on responsible gambling and have taken steps to make the people aware about his addiction.

However the first step, before undertaking nay treatment would be to acknowledge this disease. With very slight symptoms and effects this addiction is difficult to catch and acknowledge. Hence it helps to be aware to act wisely.

Gambling and Betting – Is There a Difference?

I do not want to sound professional by way of definitions here but just to give as much as possible a graphic view of how the two keywords, gambling and betting, relate in the world of sports.

Gambling generally refers to an activity where money or something of material value is set aside for two parties to predict the outcome of an event and the one whose prediction coincides with the outcome takes the wager. The outcome of the event is evident within a short period of time. Gambling takes many forms including lottery, casinos and any other games of the like which leaves the winner getting additional money or something of higher value.

Betting is a contract usually between two parties, where it is agreed that any of the parties will forfeit money or something of material value if that party makes an incorrect prediction about an uncertain outcome. The exact money or its value is known and it is most often contributed before the outcome of the prediction.

Is there really any difference between these two terms? Though we most often interchange the use of the terms gambling and betting, I personally see some slight difference. I see betting as a subset of gambling for the latter is a general term which does not connote any legality to be tendered in the courts should the need be.

Betting is most often found in various sports activities including NBA, MLB and NFL. People are really making regular incomes from bets and you will love you did.

Stop Compulsive Gambling Addiction With Education

Through proper education, society can develop programs to stop compulsive gambling addiction before it gets out of control. It’s unfortunate that people are willing to educate themselves only after they have been negatively affected by gambling. In most situations the damage has been done.

When most people think of education they think of schools and books. When in reality every day we are educating ourselves about life from the time we get up. To Learn about compulsive gamblers all we need to do is observe their patterns. Breaking the patterns will help in the recovery process. All the signs are there, all we have to do is face the truth. You start to ask yourself more and more questions. What are we going to do? We are going to find all the resources available and apply them to our situation. Through this knowledge we will help to accerlate the recovery. The first area to look at is your understanding of what you are going through. It dose not matter if you are the compulsive gambler, friend of the compulsive gambler or related to the compulsive gambler. Your life has been affected. It’s now time to focus. Educating yourself on compulsive gambling addiction will help you to plan for your future. You can have a wonderful future.

It’s first important to understand the definitions of compulsive, gambling and addiction. Through knowledge you will gain a better understanding of compulsive gambling addiction and find new alternative ways to treat it.

Compulsive is an uncontrollable desire to do something.

Gambling is the wagering of money where the end result is uncertain and the individual is willing to take a chance.

Addiction is a craving that develops into a dependency to repeat a certain behavior over and over with out regard for the outcome.

Combine these three words and you have an uncontrollable desire to gamble where the outcome is uncertain that develops into a dependency.

It’s unfortunate but most people can not tell that they have an addiction until they have developed a self destructive behavior that has negatively affected their life.

What causes a person to have a compulsive gambling addiction? No one knows for sure, but there are many similarities in the type of individual that have becomes addicted. If we can understand the type personality that is more susceptible to addiction, then we can at least safe guard ourselves. For example it’s an established fact that children of alcoholics have greater chance of becoming an alcoholic. Since there has been significant growth in the gambling industry more and more people have developed a compulsive gambling addiction.

Gambling is a common practice all over the world. It’s believed that gambling dates back to the ancient civilizations where people would gather to take a chance even though the odds were against them.

People who are close to you, who have developed a compulsive gambling addiction will not show signs until a majority of their resources have been depleted. However these people exhibited negative social behavior inside the gambling establishments.

The gambling establishments are not regulated by law to stop people from recklessly throwing away their money. Even though these places know what they are doing to people, they recklessly destroy people’s lives for profits.

The gambling establishments have seen gamblers stay up for two days straight gambling and have not turned them off. They have allowed these individuals and other to max out their credit cards. No one did anything to help them. A bar is required by law to turn someone off if they appear to be drunk. Gambling establishment’s can also identify people who are in trouble. I have taken the opportunity to interview employees at gambling establishments. The employees all stated that they could tell who had a compulsive gambling addiction based on their repetitive behavior patterns. For example they would continuously go back and forth to the cash machine, they are there at all hours of the day and night when rational people would be sleeping, been seen in the same clothes for more then two days and there are many more signs. Why doesn’t somebody do something about it?

When compulsive gamblers go out to the gambling establishments with friends or family they appear very conservative when they gamble at first. By the end of the night all the signs are there, but no one is paying any attention. A few signs are seeing them frequently go to the cash machine, not ready to leave when you are and they continually tell you that their luck is going to change with just one more bet.

You can find more information at I Stopped Gambling So Can You:

http://www.istoppedgambling.com/

Education is the key and increasing your knowledge will enable you to deal with your particular situation.

Offshore Gambling – A Real Review On Offshore Gambling

Offshore gambling is commonly defined as the voluntary risking of a sum of money called a wager, stake, or bet, on the outcome of a game or other event. Gambling is risking something of value on the outcome of an uncertain event. Gambling is central to almost everything we do as human beings. Gambling is legal in 48 of 50 states. Offshore gambling is very much a leisure activity.

Internet gambling, for the compulsive gambler is defined as follows: Any betting or wagering, for self or others, whether for money or not, no matter how slight or insignificant, where the outcome is uncertain or depends upon chance or skill constitutes gambling. Casino gambling involves betting, whether individually or in pools, in games of chance where the odds of winning or losing are artificially created so that those who win do so (at least in part) at the expense of those who lose. Offshore gambling has been branded the new “opium of the people” in a Church of Scotland report presented to the General Assembly. Internet gambling becomes a problem when it causes a negative impact on any area of the individual’s life. Internet casino gambling can include playing the on-line or video lottery games, playing cards, dice, or dominoes, playing slot machines, betting on sporting events (with or without a bookie), betting on the horses or greyhounds, betting on games of skill (bowling, pool, golf, video or arcade games), and many other activities.

Offshore gambling is the new pre-marital sex. Online gambling can be addictive, but only to persons that have an addictive personality. Online casinos are a choice adults make about how to spend their own money. Internet gambling is a more responsible way of gambling than going to a brick and mortar casino where there is no limit on the amount you loose, where you are encouraged to continue gambling. Blackjack gambling online for example, is growing rapidly over the last 2 years and attracts many companies to invest in this ancient game. Gambling systems can be better monitored to avoid problem gambling than traditional forms of land-based gambling. Online casinos have regulations in nations such as the United Kingdom, Ireland, Australia, and Antigua ensure that consumers are treated fairly and the games are completely honest. Online poker fans from the States are already comparing this era of prohibition to that of the 1920s. The level of interest in online gambling remained relatively consistent throughout the year and actually increased in July 2001, at the same time as the introduction of the Interactive Gambling Act.

Online casinos as they do present some difficulties for the new player to get accustomed to, have none of the intricacies as land-based casinos do. Gambling is based on the evil desire to get money or goods, which belong to someone else without giving fair value in exchange. Offshore gambling is big business, bringing in huge amounts of cash and tax revenue, and employing thousands of state citizens. Gambling is essentially an expression of a covetous spirit and in my opinion offshore gambling is so appealing because of the opportunity to get something for nothing. Online casinos are successfully regulated in many parts of the world, so it can obviously be regulated in the United States. If you think of gambling as a form of entertainment, that seems to take a lot of the mystique away, and it may be easier to see that gambling is pretty harmless if one looks at it from an economic point of view.

To be continued…

Gambling Myths Vs Gambling Facts – You Heard All the Myths, Now Here Are the Facts

So what are the gambling myths and gambling facts? A myth is defined as: A popular belief or tradition that has grown up around something or someone. A fact is defined as: A piece of information projected as having objective reality. In the gambling industry there are numerous myths perceived to be facts that range from where the hot slot machines are to tips while playing table games. Here are a few:

Slot Machines

Myth – “The loosest machines are placed at the entrances”.

Fact – All machines are pre-programed to hold a certain percentage of monies played over time to ensure a profit. This is known as the house edge, AKA casino advantage. The percentages may vary from 1 to 15% depending on jurisdiction, denomination, or type.

Myth – “The slots seem to be hitting less on the weekends when it’s crowded. That’s when they tighten them up to make more money”.

Fact – First of all it’s against the law to change the hold amount. Second, the only way to “tighten” up a machine s to contact a representative from the manufacturer to come and change the computer chip, and they would also need casino control board approval. This is time consuming and expensive.

Myth – “Slot attendants know where the hot ones are. Grease their palm and they’ll lead you to the right machines”.

Fact – No one knows which ones are about to hit. Some casinos advertise banks of machines with 98 or 99% paybacks but that’s over the long term. If any slot attendant knew which ones were due to hit, their relatives would probably be playing them.

Myth – “I’ve been playing this machine for a long time and losing. When I left, another player took my seat, and he hits a jackpot on the first spin! If I played just one more spin that jackpot would be mine”!

Fact – A computer chip in the machine called the Random Number Generator, generates thousands of combinations every second. Jackpots can happen even when the machine is not in play. It’s not likely that you would have won.

Blackjack

Myth – “The novice player on my right is making all the wrong moves. He just hit a 16 against a weak dealer 5. He busts by drawing a 10, which should have been mine. I would have won with my double down 11”.

Fact – It’s true that a bad player can affect the outcome of other players hands, but they can also make decisions that result in other players winning. it evens itself out over the long term.

Myth – “I just lost 5 hands in a row. I’m due to win so I’m going to bet up to recoup my losses”.

Fact – The result of your previous hands has no bearing on the results of future hands. If you keep betting up, your money might disappear sooner.

Craps

Myth – “It’s bad luck when a stick man sends the dice to a shooter with a seven showing”.

Fact – Stick persons do not do this intentionally. Sometimes a die will flip on the felt and a seven will show. Sometimes players pre-set the dice to the number they want to hit before tossing. This only holds up the game and aggravates others. Pre-setting the dice does not affect the outcome of the roll.

Myth – “A virgin shooter is good luck”.

Fact – No person or event can cause good or bad luck. First time shooters are often remembered when they win for other players at the table, bu quickly forgotten when they lose.

These are just a few of the gambling myths that have infiltrated the industry over time. Forget the myths and know the facts to maintain a positive and winning attitude. Good Luck!

Casino Gambling – Recent Developments

The concept of casino gambling is a recent development and it is to be noted that gambling has been existing for thousands of years in different civilizations. What is the definition of gambling then? Well, it happens to be the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and / or material goods. In general, the outcome of the wager is evident within a short period.

It should be kept in mind that gambling is regarded as one of the most primitive professions of human beings (other one being prostitution) and for this reason lots of references and also evidences, regarding its dominant position in an assortment of civilizations, are found. There is no doubt that human beings, irrespective of differences of sex, class, region, are inclined to take the risks or gamble and hope to achieve victory in return. This led to the growth of gambling's popularity considerably and has been unabated so far. While people, in earlier days, used to apply coins and dices to decide on their fate, there is the presence of casino gambling nowadays.

As per researchers, casino gambling is the result of the notions of using coins and dices in the past. It is also true that casino gambling is very popular in this day and age and the popularity of the game is taking its toll for several decades now. The introduction of Internet has made casino gambling more popular and people are becoming its ardent admirers to a greater extent.

The idea of ​​online casino gambling did originate from a small island in Antigua and Barbuda in 1994 and it was the same year when the legalization of online gambling was passed in Antigua. In the history of online casino gambling Antigua and Barbuda holds an exceedingly important position since owing to it, internet gambling has moved forward to the next generation and continues to rise high up to this present date. It is worthwhile to mention Microgaming and Cryptologic, in this context. While Microgaming is the first gaming software provider that was used to power online casinos, Cryptologic is an online security software company that made the necessary steps to make online gaming safe and secure.

How is casino gambling performing now? In this respect, credit must be given to internet since its application and presence in day-to-day life has made casino gambling popular than ever before. This enables one to play the game any time and anywhere. However there are oppositions to online casino gambling as well. The foremost of them are US officials who seriously find the legalization of online gambling repugnant. But this has failed to check the rising number of admirers and now, according to records, online gambling industry is definitely on the threshold of becoming one of the biggest profitable industries in the global arena.

USA, at present, is witnessing a tremendous rise in the number of casinos and hence, lots of programs to promote online gambling like tournaments and World Series are coming to the fore. It will stay and there is hardly any doubt.

Is the Stock Market Legalized Gambling?

A lot of people think twice about getting into the stock market because they believe it is similar to gambling. We are living in hard economic times where everyone is looking for a way to make extra money and secure their financial future. Because of the high standards of living and financial pressure, some people opt for methods such as gambling in order to earn money. While some people believe investing in the stock market cannot be equated to gambling, others believe otherwise. To understand the difference between gambling and whether the stock market is a legalized form of gambling, it is vital to know what each definition involves.

It’s important to mention that both investing and gambling involve putting money into use with a hope of getting back more. The dictionary meaning of gamble is highly associated with games which has no association whatsoever with stock investing. Therefore, it is accurate to conclude that gambling is closely associated with games and entertainment but with the aim of making a better return on the initial investment. On the other hand, investing in the stock market is all about business. It’s good to mention that in some countries, gambling is outlawed and therefore, those found engaging in this practice are reprimanded by the law. On the other hand, stock investing is a business investment practice that is legal across the globe. Based on this explanation, stock investing is purely a business activity and cannot therefore be referred to as legalized gambling.

For gamblers, their ultimate aim is to reap as much money as possible after playing a game. However, for stock investors, they don’t aim for immediate profits but rather, wait until the markets become favorable to allow them make good returns. In other words, it could take months or years before you finally make good financial returns.

The purpose of engaging in gambling and the stock market is totally different. A lot of gamblers engage in this activity in order to make money for leisure activities. However, the stock market is used by investors to grow their investment in order to spend it productively. Investing in stocks is a serious affair and can therefore not be associated with any gambling techniques. Stock market investment is a long-term affair while gamblers do it for short-term excitement by putting their money at risk and hope for a chance that it will turn around their financial fortunes.

However, despite the differences, there are a few things that both gambling and stock investing share in common. To begin with, they both involve the use of money in form of an investment whose return is not known. In other words, they are associated with both the risk of time and money. The stock market shouldn’t be at any one time confused with gambling whether legal or not because the two operate differently. It is important for the difference between the two to be clearly defined to avoid sending out the wrong perceptions.