Gambling Addiction is a Waste of Money

In medical terms gambling 918Kiss addiction is termed as ludomania. This implies a person needs to gamble despite knowing the harmful consequences. Gambling addiction is a behavior which can affect most of the major aspects of life, for example it can affect you psychologically, physically and hamper your social life. Sometimes gambling addiction is referred as a hidden illness as you cannot see any physical symptoms. According to the American Psychological Association, addictive gambling is a mental health disorder and those affected have no control over it. Gambling addiction is a disease which is chronic and progressive. This means a person gets more and more addicted towards it every time he or she gets the opportunity to gamble. According to a survey about 4 percent of the American population has a gambling addiction.

According to Dr. Richard Rosenthal there are three criteria for a person to be listed down as a pathological gambler or a person affect with gambling addiction. An intolerable feeling or state, which is a person feeling helpless for no reason. Depression can be a reason; a person might get depressed due to problems at work place, problems with family, etc. Another criterion is when a person develops a high capacity for self-deception. When a gambler falls under these criteria, he is affected with gambling addiction. Gambling addiction is however classified into two types, action gambling and escape gambling.

Action gambling SCR888 means a person is addicted to take risks, people falling under this category want to play with other gamblers, and they want to prove themselves as a winner in front of everyone. They want to identify themselves and create an image, they will continue gambling until and unless they reach the position. Escape gambling is where a person gambles because of the reason that they are affected with some personal matters. The person is having problems with emotional aspects in life or the person is not comfortable with life. People having escape gambling addiction usually play alone or they like to sit alone, they are rather found playing black jack or at slot machines. Escape gamblers just avoid human contact. It is found that men are more addicted towards action gambling and women are addicted towards escape gambling. It is also found that young people tend to have gambling addiction rather than adults. Teens are generally 3 times more likely to fall under gambling addiction. This is completely reversed in reference to other addictions where problems among adults are more prevalent than children.

Gambling addiction is a mental disorder having no impulse in controlling it but it is diagnosable and treatable. A very effective way to get treated is by the help of hypnosis. Hypnosis has a very high rate of success in healing people from gambling addiction. You can download mp3 versions available on the Internet. As soon as you are over with all the sessions of hypnosis you will no more be losing money at the casinos. You will be a winner and will set an example in front of everyone on how fast and easily you could get rid of gambling addiction.

How Internet Gambling Became a Multi-Billion Dollar Industry

Online wagering only began in the 1990s, but it didn’t take long for it to become a multi-million dollar business. The catalyst for the explosion in online gaming came in 1994, when the government of Antigua Barbuda, an island nation in the Caribbean, passed a law allowing online casinos to operate from their country.

Naturally, many people saw this as a huge opportunity, and two of them, Andrew and Mark Rivkin, formed a company called Cryptologic to write software enabling safe handling of finances in online gambling with till-then unequalled encryption practices. Another big company was formed in 1994 too: Microgaming.

Cryptologic and Microgaming were the two leading companies as afar as gaming technology. Cryptologic was first to make a fully operational gaming platform with electronic money account management. By the end of 1996, InterCasino was up and operational on the web – one of the very first online casinos. It wasn’t long before online casinos were a multi-million dollar industry. Not long after that it stepped up to being a multi-billion dollar industry.

In 1997, Microgaming released Cash Splash, the first online progressive slots game. At this time, players from the US were a large chunk of the online betting population, and this fact drew the attention of Senator John Kyl (R-AZ), who started drafting various legislative bills to stop people from gambling online. The first of these, the Internet Gambling Prohibition Act, did not pass, and Americans continued their love affair with online
betting.

Other world players coming on board the internet casino train during the late 1990s included Argentina, and UK territories Gibralter and Isle of Man, which began online sports betting sites. By 2001, the British Channel Islands legalized online betting, and later that year, there was a push to legalize internet wagering in the UK as a whole.

In 2005, the UK Gambling Act was approved, and it was a boon for the internet casino industry. The law created the UK Gambling Commission to oversee all enforcement of regulations in licensing online gaming sites, preventing underage gambling and ensuring software fairness accreditation and reporting of monthly payout percentages. The Commission also investigates and prosecutes illegal gambling and basically is a very comprehensive online wagering regulatory agency. The UK’s internet wagering oversight is now considered a model for other countries that want to regulate online gambling.

In October 2006, US legislators tried to legislate an end to betting online by American citizens with the Unlawful Internet Gambling Enforcement Act. Then-Senate Majority Leader Bill Frist (R-TN), attached the bill to a “must-pass” bill on Port Security aimed at combating global terrorism, claiming that online wagering proceeds were used by offshore companies to fund terrorism. But just before enforcement of this act was to go into place, new legislation was written allowing US citizens to participate in online gaming. Though it has passed from committee, there is no guess as to when or if it will be passed by the House and Senate. That means that currently, US online gamblers exist in a gray area of the law, though public sentiment is growing behind full legalization of online gambling in the US.

Gambling Facts and Statistics – Who Gambles (and How)?

In an effort to make distinctions between Web-based personal computer gambling and gambling by mobile phones and interactive television, the Gambling Commission in the U.K. put together a report that was the first in a series. One of the key goals, according to the commission, is to measure participation to get a more accurate view of gambling in Britain.

The commission lists these items among key findings of the January 2009 survey:

o 9.7 percent of 8,000 adults surveyed in the U.K. said they had participated in one of the forms of remote gambling in 2008. This compares to 7.2 percent in 2006 and 8.8 percent in 2007.
o The people most likely to take part in remote gambling: males between 18 and 44 years of age
o Most of the people who participated in remote gambling used a personal computer – nearly 3 times more than mobile phone or interactive TV

It’s interesting to note that the consistent increase in participation in the U.K. is primarily due to remote access for Britain’s National Lottery. When these lottery players are separated from the other survey respondents, the numbers indicate that 5.2 percent of the people surveyed took part in some form of remote gambling. The bottom line is that, in the U.K., more than 90 percent of the people don’t gamble online or by some other remote means.

The report also separates respondents based on the type of gambling. For example, only 2.4 percent said they bet on horse racing of some type. Just 1.1 percent played bingo from a remote location. Roulette and blackjack were played by 1 percent of the people surveyed.

The commission has also released similar gambling statistics through June 2009. This report shows a few slight differences from the January data.

o 10.2 percent of 8,000 adults surveyed said they participated in some form of remote gambling in the previous month
o Remote gambling on a personal computer continued to be the most popular method (8.6 percent)
o Statistics for various types of games didn’t show any significant changes, as 1.1 percent played blackjack or roulette from a remote location.

In contrast to the low number of people who engage in online, mobile or interactive TV gambling, reports on all gambling for 2007 and 2008 show that 68 percent of the population has tried some form of gambling. This translates to more than 30 million residents. It seems that the National Lottery, live casinos, betting parlors and other forms of in-person gambling are very popular with U.K. residents.

When the study took out the people who only purchased National Lottery tickets, results still show that nearly half of adults have tried gambling of some sort (48 percent). Among those millions of people, 17 percent bet on horse racing and 14 percent played the slots.

o £84.2 billion devoted to gambling annually
o Approximately 4,000 licensed operators in the gambling industry