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Offline Gambling – For Better Or For Worse

Gambling is quite popular, and has been that way since time immemorial and still remains popular. Don’t forget that it’s a scam, and involves plenty of deception. According to statistics, almost 60 % of people, mostly adults who are involved in gambling are very much addicted to what they refer to as a past time. The people who are deeply addicted to gambling develop an urge of betting on literary anything. Be it cards, casinos or horses. This is just a small portion of the unlimited number of things they can bet on.

Casino related scams are prevalent. Massive payouts and the promises of huge wins are largely advertised in bold and this attracts the folks who dream about getting rich quickly and fast. It’s a fact that gamblers are very resilient hence don’t easily get discouraged.

Surveys show that majority of individuals with little self-control and discipline are very susceptible to gambling problems, that means it can be easily identified and rectified.

Below are a number of questions you can use to probe and identify if a problem is present.

* How do you feel after losing money in a game of gambling, irrespective of the amount, regret or resentment?
* After you strike a win, do you feel a strong urge to win more and want to go back?
* If you lose money, do you feel an urgency to go back and recover your money?
* is much of your time spend gambling, mostly more than you initially planned?
* Do you find consolation to your problems from gambling?
* is much of your time spend gambling than doing productive work?
* Do you gamble until your last penny goes down the drain?
* Is your relationship with your family strained as a result of gambling?
* Do you borrow money from friends and associates to finance your gambling?

The type of gambler that is much more difficult to deal with is the action gambler. Majority of this type of gamblers are male, the difficulty in dealing with them comes from the fact that to these people gambling gives them some kind of elation similar to that created by drug obsession. Such individuals can never admit about their addiction when confronted. They normally gamble themselves to poverty.

Gambling being a big scam, attracts multitudes into it. The chief motivating factors for these people is the expectation and hope to make huge winnings that could transform them into millionaires instantly. But then comes another deadly reason – the feeling of some euphoria. Be it a scam or not, people still gamble and that makes offline gambling exist to date.

Myths About Gambling and Their Truthful Facts

For quite a long time, gambling has been blamed for the financial, social and mental problems that occurring to individuals. However, gambling can be safely done if the individual truly understands the positive and negative sides of the activity. Most people think that gambling is bad and make generalizations about it. Here are several myths about gambling that have been circulating around the community and their truthful facts.

Myth #1: Gambling is regarded as a trigger to addiction

Fact: Gambling indeed may cause an addiction. However, just like cigarettes and alcohol, it is less harmful if done responsibly. In this case, the activity cannot be blamed. Instead, the irresponsibility of the individual during the gambling activities should be controlled in order to prevent addiction.

Myth #2: Lottery is a good way to invest your money

Fact: When a person wins a lottery, he or she will be likely to receive a huge amount of money. However, the chance of winning the lottery cannot be forecast. Once the winner is decided, the lottery will be recycled with completely random numbers. There are no patterns in lotteries that you can discover. The more coupons you buy, the more likely you will lose your money.

Myth #3: Gambling is a crime

Fact: Addiction to gambling may trigger the individual to commit illegal acts such as theft, fraud, forgery, etc. However, the activity itself is not a criminal act. In fact, in most countries, gambling is legally acknowledged and controlled by the authorities. In areas like Macau or Las Vegas where casinos are centrally built, the activity has become major economic force. However, to be able to participate in legal gambling, you should be over the minimum legal age.

Myth #4: You have to bet everyday to be considered a problem gambler

Fact: People who bet everyday are more likely addicted to gambling. However, you do not need to do this daily to have problems with gambling. If you have once had trouble connected to addictive gambling, you should extra careful to avoid the possibility of engaging in further problems.

Myth #5: Betting while feeling depressed is just a harmless escape

Fact: A depressed person who places bets may drown his or her bad feelings with the excitement. In fact, many people gamble to forget the problems in life. Very few people succeed in drowning their hardships in life by gambling and yet manage to stay away from an addiction. People who get stuck with an addiction should work more on their priorities before participating in betting activities.

Myth #6: Gambling only creates losses

Fact: Lotteries are other betting activities also often used for raising money during charities. To help less unfortunate people, casinos occasionally hold charitable activities to gain profits. This shows that gambling can also be used for noble purposes.

Myth #7: You are able to visit casinos freely anytime

Fact: In most casinos, you must prove that you possess a healthy financial state before entering the building. In Singapore, for example, a person who visits the same casino for the fifth time within a month is considered a high-frequency gambler. On his or her sixth visit, the person must prove that he or she is not currently having financial problems before being allowed to play.

Know the Internet Gambling Facts – Forget the Hype

When you first heard about internet gambling, you might have been surprised by the fact that it was allowed to happen. When live gambling in casinos is so heavily regulated, how could internet gambling be legal? And even if the law allows gambling, statistics would have to show that only fools would play, right?

Forget the hype, but know the facts.

Online Gambling – Is it Legal?

The answer to this question? It depends. There are two major federal laws related to internet gambling:

The Interstate Wire Act of 1961
The Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006
The first law made it illegal to use wire communication for gambling purposes. But, in 1961, lawmakers couldn’t have envisioned the internet. So although the internet does uses ‘wires,’ the exact meaning of the term allowed for too many loopholes.

So, in 2006, the second law was passed. It focuses on the online gambling company rather than the gambler. It is a felony for any company to accept any money related to online gambling. This is why the companies you can gamble with online are located outside of the US where it is difficult prosecute. But, the government also expects US Banks to stop money from going to these online companies. Because of this, you might eventually have trouble paying for online gambling with your US bank account or credit card. However, it is not a problem at the moment.

So while the federal government won’t come after internet gamblers, they could still be breaking the law. The UIGEA leaves it up to the states to determine whether or not internet gambling violates their state’s laws. Experts believe that any law states might pass would make it a misdemeanor to gamble online rather than a felony. And again, there is no expectation that states would pursue the gambler rather than the gambling company. But if you have any concerns, you should check with your state’s gaming commission to understand whether or not you are violating any state laws.

Basic Online Gambling Facts

There are several different types of online casinos, and we can only expect for them to get more elaborate as online gambling evolves. Today, the three main ones are:

Web-based Casinos – these casinos allow you to play without downloading software and the possible pop-ups or spyware that may come with it. These casinos will require that you have a higher speed internet connection than the other types, since you’ll be transferring the games and graphics across the web as you play.
Download-based Casinos – these sites require that you load their software onto your computer before you can gamble or play the games. These are generally faster, making them popular with players. Of course, you have to go through the initial set-up process, and you are risking the possibility of downloading software from an ‘unknown’ source – which always includes the chance that you could get a virus as well.
Live-based Casinos – here, you are actually playing in a ‘live’ or ‘chat’ environment. Today there are even webcam-based casinos where you can watch a live dealer and even other players. This is as close to a walk-in casino as you can get on the internet.
Safety is probably the largest concern that online gamblers have, but when it comes to gambling, statistics show that trust in the industry continues to increase. This is evident in the increase in the number of players and funds invested between 2000 and 2006. It is estimated that the industry grew from about $10 billion to more than $14 billion in just these six years. You can gamble online safely if you take the time to investigate your options. Before you invest your money in playing, check ecogra.org, an independent, nonprofit agency that rates and approves online gaming sites.

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