Tag Archives: gambling

How to Treat Gambling Addiction

How to Treat Gambling Addiction
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Addiction is a serious social issue that society is still trying to muster. With gambling addiction, gamblers just don’t lose money but life and family as well. That is why it is extremely important to solve the problem.

In reality, there are available methods so as to treat gambling addiction. Some of which are:

1. Medications.

Usually, gambling addicts are treated with medications in the form of anti-depressants or what medical experts call as Serotonin Reuptake Inhibitors or the SSRR. This medication has been proven to treat pathological gamblers or those who feel the blow whenever they win.

2. Psychological Treatments.

Most psychologists contend that the problem of gambling addiction is often associated with a problem with their cognitive behavior. Hence, it would be better to let the gambling addicts undergo cognitive behavior therapy.

In this process, the gambling addicts are taught how to get rid of the negative ideas and replace them with positive ones.

3. Group Therapy.

Group discussions are also effective in treating gambling addiction. Through this method, gamblers will get to interact and discuss their own personal problems that led them to gamble.

One great advantage of this therapy is that gamblers get to listen to other gamblers stories. They will be able to understand some angles that may sound just like their very own situations but were unable to identify them because of the feeling of rejection or shame.

Moreover, according to the Journal of Gambling Studies, gamblers who are college students make up 1.6% of the total population. It may seem little at first but the fact that the percentage is gradually increasing is enough to cause alarm.

So, the best way to cure treat gambling addiction is to lessen the chances of playing. This is because the more people can play the greater chances they get addicted.

Gambling Addiction

To people who don’t gamble, or more so to normal gamblers, the thought that they will progress to compulsive gamblers is ridiculous. The start of compulsive gambling may be incited by situations or circumstance. But the conditions are real.

The similarity between pathological gambling and chemical dependency?

The first distinct similarity is the inability to take control or stop the addiction. The denials of the addiction accompanied by severe depression are also similarities. Both diseases are progressive in nature and go through similar stages.

The first stage being the “chase”, looking for that high or win. The use of the addiction to numb the pain brought about by problems. The pathological gambler and a drug or alcohol dependent person are preoccupied with nothing else except their addiction. They look for immediate gratification and have very low self-esteem.

Pathological gambling not like chemical addiction is a disease not easily noticeable. There are a lot of indicators that would identify a chemically dependent person. But a gambler can exist normally for long periods of time. The large debt that a gambler can incur requires attention.

Pathological gamblers require crisis counseling at the start of their treatment, mainly because pathological gamblers have a higher suicide rate than persons addicted to drugs or alcohol.

Is the level of addiction for all types of gambling the same?

Forms of gambling that give immediate gratification are the worst kind. The slot machine and video are prime examples of these. The use of the instant gratification and effective reinforcement, gamblers that play these machines often progress into pathological gamblers more often than gamblers that play other games.

The time it takes to go from the first bet to a chronic addiction is shortest for this form of gambling. Before it would take many years before a person would be considered “sick” gambling in races, etc. Nowadays, it is fairly common for a person to be addicted to a slot machine or video poker with two to three years.

Is pathological gambling biological in nature?

Recent findings would indicate that pathological gambling is a dependency quite similar to a chemical dependency. A study by a psychiatrist Alec Roy, M.D. formerly of the NIAAA showed that compulsive gamblers have low levels of norepinephrine compared to normal gamblers.

The chemical is secreted by the brain when stressed, aroused or excited. A pathological gambler engages in his addiction to raise the levels of norepinephrine.

The findings reinforce the assertion of Dr. Henry Lesieur that pathological gamblers are “thrill seekers” who gamble for the excitement brought about by the game and not the pursuit of money.

P.S.

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How To Get Started in Gambling Business

How To Get Started in Gambling Business

Gambling is one of the lucrative gaming activities in the society today. It is lucrative in the sense that it renders endless possibilities for a businessman to earn more money.

This is where the reality sinks in, that, in gambling, the only person who gains from it is the business man or the owner of the gambling business. This is because people who play gambling games usually end up losing more as they continuously try their luck by adding more bets and risking more money, and even property.

With this fact, no wonder why more and more people are resorting to put up a gambling business, especially now that the Internet is incessantly growing at breakneck speed.

Moreover, with the advent of the Internet, setting up a gambling business online is relatively easy. Best of all, you don’t just get to earn more money but get to penetrate the industry faster and even better because of the wide diversity that the Internet can cover.

No wonder why in the United States alone, commercial casinos have accumulated almost $30 billion in just a year of gross revenue.

In fact, commercial casinos are prevalent in the US nowadays. There are currently 28 states that have Indian casinos, 11 have commercial casinos, and 40 states have lotteries. All in all, the US has 445 commercial casinos.

So for people who want to start gambling business, especially those online, here’s how:

1. If a person wants to start an online gambling business, it is important to get the needed items first. The most important thing of all is the software. Be informed that this costs millions of US dollars. This goes to show that people who want to start an online gambling business must be really rich.

2. Whether online or not, starting a gambling business needs an approval from the government. This goes to show that the gambling business being put up is legal and conforms to the rules and regulations set up by the law.

3. For online gambling business, it is a must that the owner has to be a licensee of an online gambling software provider. In this way, the business owner will be able to receive the necessary equipments and software needed in the online gambling business.

Indeed, gambling business can be very lucrative, especially if it is a legal one. And just like any businesses, proper management is the key element in order to succeed in the industry.

Like any businesses, operating a gambling business also entails careful management and makes use of strategic methods so as to increase the business’ money-earning potential.

Luck or Skill?

Most people say that operating a business needs dogged determination, skills in all aspects of the business, and luck.

Hence, it applies the same thing in gambling business. But where gambling mostly relies in the stroke of luck, gambling business owners should not do so. This is because operating a business, in whatever form, should not merely rely on luck but on one’s skills and determination.

Indeed, businesses also have the risk of losing or winning in the end, just like gambling. But nevertheless, it still needs the proper management and operative measures so as to have a successful gambling business.

Things to consider

Just like any kind of business, running a gambling business also entails money. A person can never continue running a gambling business if it no longer has money.

People should keep in mind that running a gambling business is not a “get-rich-quick_ scheme. Therefore, things that will be employed should be in conformity with the law.

It also needs good planning. Of course, there is nothing in this world that will be successful if not with good planning. Planning keeps the business right on track. It gives the owner a special guide in order to make decisions properly.

Moreover, dogged determination is required. Surveys show that almost 65% of the businesses, which were not able to succeed, had instantly given up their businesses just because of some trials.

And lastly, good accounting skill is needed in order to run a gambling game. After all, gambling entails lots of money, so it is just proper to keep track of whatever comes in and out of the business.

The bottom line here is that running a gambling business, like any other business, is not an easy job. What’s more, it needs a good combination of everything so as to get the business going, whether it includes luck or not.