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Online Gambling Guide by Jerry Whittaker…
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Disadvantages of Gambling

by Jerry "Jet" Whittaker
April 15, 2006

There is a considerable economic case to be made in opposition to gambling.  It involves just sterile transfers of money or goods amid individuals, creating no new money or goods.  Even though it creates no output, gambling does however absorb time and resources.  When pursued further than the limits of amusement, gambling subtracts from the national income. Personal problems are other than one disadvantage, nevertheless they are real.  People can turn out to be addicted to gambling, as they can to drugs or alcohol or smoking.

 Addiction Profile

Gambling addiction is a severe trouble.  It is well know that men are more probable to become addicted than women, that the appeal of gambling is superior for low income people than those of above average income, that there are around nine million adults and more than one million teenagers with several form of gambling behavior problem and that the availability of gambling enterprises causes a noteworthy increase in the addiction problem.  Nationally, less than one percent of the populations are obsessive gamblers, but when enterprises are located near a population, that number increases two to seven times. The greatest expansion is in the midst of teenagers.  University of Maryland football fans were stunned in recent times to read that their all American quarterback had been suspended by the NCAA for four games for the reason that of betting on college games.  Obsessive gamblers will bet until nothing is left:  savings, family assets, and personal belongings whatever thing of value that may be pawned, sold or borrowed against.  They will have a loan from co workers, credit union, family and friends, but will hardly ever admit it is for gambling.  They may take personal loans, write bad checks and in the end reach and pass the point of bankruptcy. In anxiety, obsessive gamblers may panic and time and again will turn to illegal activities to bear their addiction. 

Harm to Families

Pathological gamblers are to a great extent more likely to be violent with their spouses and maltreat their children.  Children of these gamblers in general do worse in school and have a suicide rate two times that of their classmates. The suicide rates for problem gamblers are considerably higher than it is for the common population. Every one out of five tries suicide, a higher rate than for alcoholism or drug addiction.

 

 

 

 

 

 

 


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