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Posts Tagged ‘Dangerous’

Strong Emotions and Casino Gambling – A Dangerous Mix!

20 Mar

Strong emotions such as anger and frustration can be dangerous in the casino setting. This article looks at the causes and effects of these emotions, and shows you how to spot the effects in advance – and thus avoid the worst of their effects.

While casino games are entertaining and happily enjoyed by millions of players, both live and online, there will be times where nothing seems to go your way at the tables. It can take a very detached person to withstand losing 20 bets at blackjack in 50 hands, or to see red come up 7 times in a row when they are betting on black at roulette.

Different people respond to losing streaks in different ways. Some people start to ‘chase losses’ by increasing the size of their bets, others may shift from a game they know well to one that gives them the opportunity for a big win to recoup their losses – and still other people will lose concentration and stop playing optimal strategy, since they ‘know’ that they are doomed to lose whatever they do.

What these effects of anger and irritation in the casino setting have in common is that they will change a fun pastime into an experience which can be both expensive and unpleasant. In order to stop emotion adversely affecting your gaming session we recommend that you take the following steps before you place a single bet:

- Only gamble with money you can afford to lose. This is an established and tested idea, yet many players are tempted to grab a little bit more cash if their initial bankroll disappears. Choose an amount that you can laugh about if it were to be lost in a really unlucky run – this should ensure you do not get angry if your cash runs out fast.

- Be aware of your own emotional state. Of course, we can all see the effects when anger or intense frustration strike! What we recommend here is to learn to spot those emotions before they manifest themselves. If you see the signs you can then take action before the ‘angry you’ does any damage to your finances.

- Make a plan for what you will do if you find yourself getting angry. This is key, simply taking a walk for 10 minutes, enjoying the entertainment or switching to a new game and / or lower stakes can all work. Deciding to do this in advance can prevent the hesitation which could allow your emotional state to worsen.

Of course, those losing runs will be balanced by those great winning streaks which we all love over time. By making sure that bad nights do not affect your bankroll to much you will be able keep casino gambling in perspective – and enjoy your time at the tables.

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Compulsive Gambling, a Dangerous Addiction, with Dangerous Consequences

13 Dec

Endless hours spent at the casino, chasing bad money with good money, losing more and more, as you become more and more desperate. It can’t happen to you right? You only play the occasional game of poker, or throw a few dollars into a slot machine occasionally. There can be a fine line between social gambling and compulsive gambling, and nobody who becomes a compulsive gambler, ever thinks that is will happen to them.

Millions of people gamble every year. Whether it’s at the slots in Las Vegas, or betting on the horses at the local track, gambling is common place. In fact, more and more casinos are popping up all over the countryside every day making it easier and more acceptable for gambling to become part of your social life.

For most people gambling will always be a harmless pastime that is participated in only recreationally. But for a few, the occasional gambling experience will turn into a downward spiral that will lead to a dangerous addiction. It is estimated that 3% of Americans will at some time experience a very serious problem with gambling that could eventually lead to desperation involving crime, suicide and broken families.

The risks and dangers of compulsive gambling are real and very damaging. Gambling addicts suffer from a very high risk of broken families because the divorce rate doubles for gambling addicts. Those with children may risk losing their children to ex husbands and wives or even social services if they are unable to care properly for them.

Desperate for more money to spend at the casino in search of the next high, gambling addicts are more likely to lose their jobs as they are unable to properly function during the day, making excuses to leave and go to the casino. Or perhaps they take the risk and steal from their job?

Drowning in debt, gambling addicts will often sell everything they have in order to get more money to cover their habit. Compulsive gamblers often lose their house as they cannot keep up with mortgage payments or regular bill payments of any kind.

Compulsive gambling is dangerous, and it has real and very dangerous consequences for its addicts just like any other addiction. It is important to treat compulsive gambling like the dangerous addiction that it really is.

Peter is the author of Your Life Beyond Gambling – a completely FREE minicourse that will tell you everything you need to know about “problem” gambling and how to get rid of it. If you or someone you care about seems to have gambling problem, you can visit the website at http://www.lifebeyondgambling.com for help and advice.

 
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US Gambling Statistics Show Online Gambling Fun For Some, Dangerous For Others!

16 Nov

In the United States, gambling statistics show that live and online gambling has generated as much as $91 billion per year (as of 2006). The industry is responsible for billions more in related tourist income as well as the economic benefit of hundreds of thousands of jobs. In some states, gambling through lotteries is even used to raise money for college scholarships or much-needed infrastructure projects.

When it comes to the gambling statistics related to what kinds of games Americans are playing, there might be some surprises. While commercial casinos still take in the largest share of legal gambling revenue (43% in 2000), and lotteries take second place (28% in 2000), online gambling is estimated to bring in an amount that is roughly equal to what is spent in Indian casinos each year. As the internet reaches more homes, so does online gambling. And unfortunately, so do some of the possible negative side effects.

People who oppose gambling in general believe that it brings higher crime rates to an area. Of course, this isn’t eligible for online gambling, unless you consider the possibility of your financial information being misused or hacked. But this risk isn’t any greater with online gambling than with online shopping or bill paying.

What is a concern is compulsive gambling. Some statistics on online gambling have shown that about ½ of 1% of the population may have a problem with compulsive gambling. True compulsive gambling means that the person cannot control their impulse to make the next bet, even when they are risking their job, home, health, or relationships. And United States gambling statistics show that people are twice as likely to become addicted to gambling when a casino is located within 50 miles of their home. With the advent of online casinos, there is no longer any true distance at all between a gambler and a casino, meaning more people have the potential to become addicted to their favorite online gambling game at a higher rate than to live gambling or playing the lottery. This has lead opponents of online gaming to call it the ‘crack cocaine’ of the gambling world.

This problem has a serious impact for those who suffer from it, with compulsive gambling statistics showing that as much as 48% of the members of Gamblers Anonymous have considered suicide. And of those, more than 10% report having made a suicide attempt.

Plus, some opponents fear that there is a great deal of opportunity for money laundering and organized crime via online casinos. Since the US doesn’t allow any of them to be located in the country, companies have set up shop in foreign countries with questionable, if any, regulations. Some fear that US online gamblers may be unknowingly contributing to criminal activity.

However, for the majority of us, compulsive gambling statistics don’t apply. Online gambling is just another way to enjoy the internet, and perhaps to even earn some extra spending money! If you are able to set a limit on the amount you spend and stick to it, and if you don’t endanger yours or your family’s financial well being with the limit you set, then chances are you will not become one of the negative gambling statistics. But if you do ever find that your online gambling affects your work, your family, your health, your finances, or your social life, then you may need to seek some professional help.

Jean Asta is a full-time writer & management analyst for clients on several continents. She has produced thousands of articles, ebooks, and operational report. For the latest gambling updates, top 10 online casinos, casino odds & sports betting visit Casino-Affairs.com, an online casino guide

 
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Gambling – Dangerous Or Fun?

04 Nov

Gambling is a most interesting sport, amusement, vocation or wherever it fits in your vocabulary. People either love it or hate it. As boomers are aging and have more free time…many are learning poker and enjoying casino gaming. The question is gambling dangerous or fun?

It is said that during a downturn economy more people head to the casinos. It is not that they have a ton of money. There is hope at the casinos. Even though the chances of winning big dollars are quite slim, people are willing to allocate a certain amount of their discretionary income to this continuing popular activity. The question here are more boomers gambling, as they see their money evaporating in the stock market? Are they trying to make up their losses? All of us out there any age always have the hopes of hitting it big whether in a casino or by purchasing a lottery ticket.

Playing poker is a great way to spend an afternoon. I do speak from experience. However, I take a certain amount of dollars with me, and when they are gone I go home. I am now on a poker budget of $200.00 per month…I am hoping my winning ratio will improve so I can play more often. The rest of my free time is spent working on the computer to market my book. I am extremely health conscious so I do spend a lot of time cooking healthy foods. I also spend a lot of time reading about vitamins and supplements, and feel this adds a lot to our healthy lifestyle.

Gambling can be a lot of fun for people who are careful not to let it become an addiction. I feel that I have a mild addiction because I take only the money I can afford to lose to the casino. Sitting at the poker table chatting with the guys (and a few gals) is really fun. We laugh, make jokes and enjoy the game. Other people must feel the same as I do, because there are lots of people visiting the casinos and enjoying poker. People who hate gambling are extremely vocal about it. Everyone has the right to their opinion. Also for single baby boomers this is a great place to meet new people…For women only here, there are lots of nice looking, successful men playing poker.

One thing in favor of poker for the aging boomer population is that it is great for the mind. You are constantly thinking, figuring and working on your odds. So before you knock it..why not try it? So if you control your spending you do not have to ask the question is gambling dangerous or fun?

Carol Stanley speaker and author of For Kids 59.99& Over. She has been writing and speaking on various topics for over thirty years… She is an avid poker player… http://www.boomercarol.com, http://www.babyboomerpower.com

 
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