For the social aspects (company) They want to ‘defy the odds’ They find it as a way to escape their everyday lives (e.g. depression, stress, isolation, boredom) Potential benefits of Gambling…
According to the cognitive model, a gambling addiction may be maintained by irrational or erroneous beliefs. For example, some gamblers may misjudge how much money they have won or lost, or they may over-estimate the extent to which they can predict/influence gambling outcomes.…
There are many reasons why people gamble and what the advantages and disadvantages are of risking your bank account on the roll of the dice or the luck of the draw. I originally set out to try and explain why people gamble, but I realized that gambling is just as much of a business or industry as anything else. I researched Foxwoods casino, in CT, and the business behind that. From there I will attempt to explain the "cause and effect" of gambling. Gambling has made much more sense to me now, and I hope it will do the same for you.…
It is true gambling is not for everyone, especially stupid people. “Why?” you may ask. It is because stupid people make stupid choices. There should be a limit to how much money an individual can gamble with per year, depending on their income and winnings. This is traceable by their taxes. For example, if one person makes $40,000 per year, and have no dependents, they are only allowed to gamble $10,000 to $15,000 for that fiscal year. This will ensure that the individual’s life may still function.…
I was born in Vietnam, which is located in the Eastern part of the Indochina peninsula, bordering China to the North, Laos and Cambodia to the West, the Eastern Sea to the East, and the Pacific to the South. My father moved from the North to the South after the officially unification of the North and South Vietnam in 1975. He met my mother, and they got married. My parents and most of my extended family aren’t big on gambling, so I personally never understood the appeal and thrill of gambling. A couple years ago, my parents had sent me to study abroad with the hope that I am able to have a better education in the United States. Once I started to go to college here, I have a broader perspective about the world I live in. However, I also experienced isolation, boredom, loneliness, stress and depression. Therefore, I tried to find an activity to feel included, and to relieve stresses of everyday life. Every weekend some friends and I had a poker night, and the locations changed as each of us take turns hosting the game. There were ten of us whom usually play and we all are Asian. I would say that I had a great time with the group. At that moment, gambling became a great way for me to get out, be around friends, and have fun. Gambling perhaps appeals to me because of its social aspects. Nevertheless, I have seen the damage gambling can cause when someone cannot control themselves. Beginning as a regular activity which is acceptable and entertaining, gambling addiction ends up being harmful to most players and causing unhealthy outcomes. But at worst, gambling destroys education, careers and relationships, and empty life savings.…
I have had a pretty bad experience while gambling and actually went bankrupt because of it. It took me a long time to recover from my debt. It wasn’t really the fault of gambling as opposed to me not properly paying attention to my bank account. However, gambling play a role in me getting carried away while spending my money.…
Gambling is a mere contest between two or more people in which they bet money on a winner takes all game. The most common case of gambling usually involves casino games such as poker, blackjack, Texas Hold Em, etc. In these instances, the stakes are way higher because the amount of money bet is high. This is what causes the addiction. The chances of winning all the money and becoming rich all for a little money in return as a token to play. It starts off easy; however, the more people play, the more they keep thinking they can win which causes them to bet more and more to where they run out of money and start betting their personal belongings such as houses and cars. Their addiction for power and wealth clouds their judgment and makes them go bankrupt. This could lead to not only severe bankruptcy, but also the destruction of families. In one case, there was a man who bet everything he had and lost. He took the shock so hard that he lost his mind and ended up killing his three children, his wife, and then finally himself. Gambling is very hazardous and can ruin people’s lives, just as any addiction can. It just takes a strong willed person to say no and resist the temptation no matter how hard it…
Gambling is an essential human activity that can serve a valuable function for both the individual and the society as a whole (Forrest et al., 2002). In the…
Gambling has benefits and drawbacks to bring for society, however, it should be legalized for several reasons. Many people hold the notion that gambling can have negative impacts on the family since it might ruin people’s life, it is also believed that gambling would probably make everyone unhappy if it were prohibited. Not only that, but also it would increasing the revenue of government due to the high percentage of Canadians who took part in gambling. Additionally, some people believe that alcoholism and depression stem from gambling as negative outcomes; in fact, very few gamblers have these problems. On the contrary, there are a number of factors; such as the increasing of spending in the community. For example, boosting work opportunities…
In the US, around two million people suffer from pathological gambling, but as many as six million suffer from problem gambling. A statistic published by the Gazette using data from 1999 shows that pathological gamblers made up two million, or 0.8 percent, of the US population, while problem gamblers made up six million, or 2 percent, of the US population. A lack of growth in the number of problem gamblers shows that despite large-scale casino development, gambling addiction is holding steady in numbers.…
IV. Legalizing casino gambling in the state of Texas would enhance society and will be beneficial for the entire state.…
Gambling is legal in many places, it's not either a criminal or dangerous activity provided it is done responsibly, and in accordance with the law. Have you ever wagered on a game? If so you were gambling and should have been fined. Lawmakers have decided that it is evil to gamble, they have justified it as a means to scam billions from citizens in order to compensate for their mismanagement of tax revenue. They pass laws that could put a taxpayer in jail for placing a single dollar wager on a pool game. Legalizing gambling nationally could potentially benefit our economic situation.…
Some people find sports betting as a fun hobby, the people that are loaded with money can do this without a problem and even the average joe can afford gambling. Anyone can go into debt if you can’t keep your gambling under control. Some people can get into personal trouble too. I remember seeing a commercial a long time ago when guy was on the phone with his wife and he was crying, the woman hung up on him knowing about his gambling trouble. This could happen to anyone. Tame the way you use your money and then try to gamble.…
Legalized gambling would stimulate the economy by creating jobs. Take Nevada for example, there were 193,000 full-time positions were opened in Clark County for hotel industry alone in 1999 (Romano). For Louisiana, a smaller state with legal gambling, also reported over 368 million in annual salaries to employees along with 20% residents ended their government assisted program by working in casino (Cannon). Looking at these two states with legal gambling, Texas could have an even better chance to make more revenue with legalizing gambling. With all the revenue generated from gamble industry, Texas could able to start more programs to help the low income families and lower the unemployment rate.…
How many of you go out just to escape worry? How many of you go watch a movie to forget about trouble? How many of you go to the beach just because you bored or lonely? Have you ever gambled? Well, today I’m here to share some very important information that will allow you to understand how pathological gambling could be very addictive and the difficulties of it and you will understand the inaccuracy of the gambler’s belief.…