Here Are Some Causes of a Gambling Addiction

What are some of the causes of a gambling addiction? As a former gambler and mental health counselor, I have done a lot of research on why people develop a gambling problem. What I have found is that there is more than one cause of gambling addiction and that although it is important to know the cause, the solution is much more important.

Here are some of the many causes of gambling addiction:

o Gambling is exciting while the gambler is in action. The adrenaline high feels good, and it is quite easy to become addicted to these “feel good” chemicals in our brain.
o Gambling compulsively may fill a void for many people with a gambling problem. This void could be in many areas of one’s life. Poor social life, loneliness, job dissatisfaction, empty-nest syndrome, boredom, and lack of purpose can all contribute to a gambling addiction.
o A big win at the casino is the worst possible event for anyone with a propensity for addiction. The adrenaline high of a huge jackpot can fuel future addiction like jet fuel in a plane. Most, if not all people give back the winnings from their jackpot, plus much more money as well.
o Escape from emotional pain and psychological distress can also fuel a gambling disorder. This is especially true for “escape gamblers” who mostly play slot machines, lottery, or partake in online internet gambling.
o For “action gamblers”, the craving for action and feeling very important to others can fuel a gambling addiction. Action gamblers are mostly male and are usually sports betters, poker players, and racetrack gamblers.
o The thrill of “easy money” can fuel a gambling addiction, especially if the gambling addict has a long string of wins at the beginning of his or her gambling career.
o People with anxiety and/or depression have show a strong propensity for gambling problem as well as other addictions.
o People with first degree relatives with a gambling addiction have a stronger propensity to develop this addiction themselves.

These are just some of the general causes of a gambling problem, however, there are many more as well. In addition, each unique individual will have different reasons for having a problem with gambling, and no two situations are the same.

The most important thing, however, is that once some of the causes of a gambling problem are established, that the individual seeks immediate help for his or her problem.

The solutions, which include abstinence from gambling, professional help, and support groups, self-care, and lifestyle changes are most important in reclaiming ones’ life from a gambling addiction.

Online Gambling in Atlantic City

For better or for worse, online gambling is coming to New Jersey.

In late February, Chris Christie officially signed into law a bill that legalized internet gambling in Atlantic City.

Initially the bill was vetoed by the Governor because of issues surrounding transparency and taxes. Lawmakers adjusted the text and the amended bill passed by an overwhelming majority in the legislature and earned Christie’s seal of approval.

Here are the basics of the bill:

- Casinos located in Atlantic City will be able to apply for a license to offer online gambling. Only the twelve official Atlantic City casinos will be eligible for the license. No other organizations can offer internet gambling, and face stiff fines if they do. All facilities used for the operation of internet gambling must be located within city limits; only bets that are received by a server in Atlantic City will be legal.

- Players must be “physically present” in New Jersey to place wagers. In the future, New Jersey may develop agreements with other states where internet gambling is legal to permit out-of-state gambling. The casino’s equipment must verify players’ locations before accepting wagers.

- Any games available to play in the casinos can be played online. (For comparison, Nevada only allows poker.) As of now, sports betting will not be protected by this bill, although the state of New Jersey is trying to fight the federal statute barring the legalization of sports betting.

- The bill has all kinds of provisions to keep gambling addiction at bay, such as requiring the prominent display of the 1-800-GAMBLER hotline number, a way to set maximum bets and losses over a certain period of time, and tracking player losses to identify and limit users who may demonstrate addictive gambling behavior.

- Revenue from online gambling will carry a 15% tax. The Christie administration states that about $180 million in revenue for the state will be generated from this tax, but some analysts think this number is seriously overestimated.

The official regulations, which the bill required the Division of Gaming Enforcement to produce, were released on June 3, and are subject to a “public comment period” until August 2 before being finalized. These rules include details such as how a casino acquires the appropriate licenses and procedures for maintaining network security on gambling sites.

So, will online gambling actually benefit the state?

The Good

Revenues from Atlantic City casinos have been on the decline for the past seven years, and online gambling could be what saves the failing casinos. Since 2006, casino revenue has dropped from $5.2 billion to around $3 billion. Online gambling could be a $500 million to $1 billion industry in New Jersey, which may be enough to keep struggling casinos afloat and save jobs in Atlantic City. Further, even though estimates of tax revenue are all over the map, there is potential for online gambling to be a considerably valuable source of money for the state. The casinos will also have to pay a tax to the Casino Reinvestment Development Authority, which will provide further assistance to struggling casinos in Atlantic City.

For the player, low overhead costs mean better prizes and more opportunities to play. Casinos can incent players with free “chips” that have minimal costs for them but give players more opportunities to play and win. The convenience of gambling online allows players to play more with less travel.

BAD:

One of the goals of the bill is supposedly to attract more people to visit the brick-and-mortar casinos, but it is hard to say if online gambling will actually lead to this outcome. One could speculate it could even cause people to go to the casinos less (However, this seems unlikely; the social element and the free drinks are lost in online gambling. Also, research indicates that, at least with poker, internet gaming does not reduce casino gaming.) Advertising for the host casino will be allowed on the online gambling sites, which could possibly encourage people to visit the casino but could also be annoying for players.

Online gambling could be seriously devastating for people who have gambling addictions, or even cause people to develop them, raising financial and moral concerns. Even with all the preventative steps the bill requires, it will definitely be much harder to cut off compulsive gamblers if they can place bets anywhere with an internet connection.

Regardless, it is going to be a while before the casinos can actually kick off their online gambling offerings. The regulations need to be finalized and casinos need to apply for licensure and develop their gambling websites. This means the casinos will not be enjoying this new source of revenue during the 2013 summer season, which could be Atlantic City’s toughest season ever following recovery from Hurricane Sandy.

Repercussions of Gambling

Ever played poker? Roulette perhaps? Have you ever wagered money when playing? Then, in fact, you have gambled. Gambling is when you wage money for something even when you do not know what the outcome will be. However, gambling seems to be a part of quite a number of people’s lives. It has become a habit, worse, even a psychological problem.

For someone who gambles for the first time, it may not be hard to get out of it. Once you win something by doing it, you may want to try it the second time. When you get the hang of gambling, you will probably want to do it again. The next thing you know, you become unconsciously addicted to it. Even when you wish to stop, there is nothing you can do.

Ludomania is known as the impulse or itch to gamble even when you know its’ corresponding implications. This however is just a minor difficulty. Severe cases actually nod into the direction of a mental disorder. It is called pathological gambling. One is considered to be a pathological gambler if one is preoccupied with gambling all the time and that is mainly all he thinks about. He tends to imagine when he will be playing again in the future or thinks about the game he played yesterday.

When someone tries to recover from gambling problems and still resorts to gambling, then it is also considered pathological gambling. It is also when someone considers gambling as an escape from reality – a sort of a makeshift world when he can be himself at least for that moment to break away from his realities.

One of the most common symptoms is the need to gamble more. When you lose a game, thus losing money, you have the urge to get it back and start gambling again. It is a never ending difficulty to those who are hooked on gambling.

Consequently, one now has a hard time controlling his gambling habit. This loss of control will eventually lead to deceit to his family and friends.

When gambling becomes so much of a habit, one may consider doing illegal acts. The need to gamble more when you lose money could lead to stealing money to recover your losses. Sometimes, one would resort to fraud. Forgery is also common when someone uses someone else’s signature especially in writing checks for him to continue gambling.

Risking his relationship just for gambling is also a symptom. When he continues to gamble even when it compromises his time away from his wife or kids is a serious problem. This could lead to divorce. This also could involve missing work as a result of being in a game instead of at work.

Another symptom is when he relies so much on his family or friends for money. When he is losing money because of gambling, he could resort to borrowing money from his family, friends, even a financial institution that could result in bankruptcy.

Gambling will become serious if not given proper attention. When this becomes a habit, it becomes a hindrance to your relationships with others, especially with your family. When this becomes severe, you should go to counseling to counteract your gambling problems. Have someone to talk to. Your family can be of help because they are your first line of defense against gambling. But most importantly, discipline should begin with you. There is nobody who can help but you alone. Remember that too much gambling can make your life miserable, so avoid excess gambling.

Bob has been writing articles online for nearly 2 years now. Not only does this author specialize in gambling and other forms of entertainment, you can also check out his latest website about:

5 Simple Rules To Become A Successful Entrepreneur

If you want to become an entrepreneur, you may want to understand what it really takes to become one. There is no shortcut to success in any field. Many people made a lot of unsuccessful attempts before they gained success as entrepreneurs. So, these entrepreneurs have shared some rules that beginners should follow in order to achieve success. In this article, we are going to discuss 5 of the must-follow rules that you can follow to climb the ladder of success as a business owner.

1. Work smarter, not harder

If you think an entrepreneur is a professional who works day and night, you need to think again. Although hard work is the key to success, the reality is quite different. If you work every minute of the day, no one can guarantee that you will achieve the success you desire.

As a matter of fact, overworking can cause extreme fatigue. As a result, you will make mistakes that can cost you a lot of time and money. Apart from this, you cannot have all the skills required to take care of different aspects of your business. Therefore, you may want to work smarter, not harder. This is how a lot of people have made millions in the here and now.

2. Consult experts and hire professionals

Consulting experts is a great idea if you want to get effective guidelines to run your business affairs. For instance, you can consult Charles J Mosley Jr who is a self-driven goal-oriented entrepreneur. Also, he is the founder of Echelon Productions in Dallas, Texas. His insights can help you with your business matters.

If you are not good at something, you want to hire a professional that can take care of other assignments. This will give you plenty of time to focus on other aspects of your business that you can easily handle. Good entrepreneurs are aware of the importance of delegation.

Although it can be scary to add more employees and team members, you have the option to hire remote workers. They can work from their own offices and homes, and you don’t need to arrange special workplaces for them.

3. Get more done in a cost-effective fashion

Although hiring the services of freelancers may not be an ideal choice for an established business, it can be quite an affordable option for a startup. The reason is that most freelancers are from third world countries where the cost of living is quite low. Therefore, this approach can be quite cost-effective compared to in-house full-time employees.

4. Face your failures

If you want to be a successful entrepreneur, you may want to look for the right people for your business projects. However, this approach cannot guarantee success, which is why you have to be realistic. Sometimes, unforeseeable situations happen that ruin your momentum. In some cases, you have to suffer losses as well. The point is to avoid being afraid of failing. If you be patient and continue to struggle, you will achieve success.

5. Wake up early

You must wake up early every day and work hard until you see the results you want to see. You should keep moving even during difficult times. Life can be broader in your eyes if you understand the simple fact that the things you see around you are made by people who are just like you.

In short, you can follow these simple rules for success. They will help you keep moving and avoid making common mistakes that will slow you down. Hope this helps.

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