Gambling has economic connotations; it generally refers to putting at risk money or goods on the chances of getting extra funds or goods through some game, competition or an event. The gambling function differs on many scales, including the betting the amount to be put at risk for betting, the approaching result and the foretelling possibility of the game.
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Prediction cannot be made for all betting risks like lotteries, some slot machines and bingo but for certain other things like sports betting and horse racing, a prediction can be attempted, depending on the predictor’s expertise and insight. In the UK, there are a number of offline commercial gambling kinds available such as lotto, bingo, card games, sports-related betting, non-sports betting, scratch cards, roulette, slot machines, and football pools and spread betting (Griffiths, 2009).
In the UK, the terms “problem gambling” and “pathological gambling” have been employed in a number of studies to explain gambling that affects the person and family life of the gambler. The general term “Prevalence” is used for process addictions, which is the epidemiological term for the number of people addicted to a specific problem. In the field of process addictions, only problem gambling has so far produced prevalence estimates (Griffiths, 2009). Various societies have distinct societal concepts of social problems, as in Canada beliefs and values vary on when gambling is to be seen as a problem and the causes behind it. It is not easy to define process addictions, for instance, when gambling is a harmless pastime and when is it addictive (Firth, 2010).
The American Psychiatric Association (APA) identified gambling as actually a pathological disorder in the 1980. Even Freud (1929/1950) had researched problem gambling but remained inadvertent about its prediction. According to APA, gambling is a rising psychological disorder, featured by emotional addiction, lack of control and attached negative repercussions in the gamblers’ academic, social, or vocational life. Other popular names for pathological gambling are compulsive gambling and addictive gambling (Jean, 2000). In addictive gambling, the person shows a recurrent and continued disorder of dysfunctional behaviours by remaining busy in gambling. The person wants to put at the risk greater sum of money to attain increased stimulation. Continuous striving is seen to curb, check and/or stop gambling. Feeling of restlessness or irritating behaviour is observed when striving to check or curb the habit of gambling. For an addictive gambler, gambling becomes an escape-route from mood shifts. An addictive gambler reverts back to equalise the loss. Such a person attempts not to disclose the level of engagement with gambling. Wrong means are sought to arrange funds for gambling. Gambling when it becomes an addiction causes the loss of one’s aim in life pertaining to the relationship, scholarship or career. Dependence on others for maintaining status increases with the prevalence of gambling, as a gambler needs financial support due to shortage of funds. The only criterion segregating addictive behaviour is the presence of bipolar disorder. The debate over whether gambling is an addiction or pass time, (Kusyszyn, 1980) has been hyped out of proportion. For instance, many years back, a popular suggest columnist used to publish an article by a doctor explaining that gambling “could not possibly” be addictive (Jean, 2000). Viewing the perspective of this physician, functions like gambling, stealing and outward expression of sexual behaviours do not engage substance intake and that’s why they are not addictions. Instead, the physician debated, they are generally representations of manic depressiveness although mania is an external recognition for the presence of gambling disorders. Had it been true, then most of the gambling patients would have been managed with lithium, which is not so (Jean, 2000). Those who support gambling as mere pass time and question
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Gambling is a big issue in Taiwan. There are a lot of families who were broken due to the curse known as gamble. Most families are broken because father or mother will bet money, house and children on their gamble. Gambling is the topic that I really care about because I want to solve this major issue and try to help those kids who do not have their families because of gamble.
Addiction Gaming and gambling addiction is not new to our generation, but the introduction of online Internet based games has probably increased the size and range of the problem. Online gaming and gambling addiction can be harmful to adolescents and adults and the issue is required to be addressed at appropriate levels to evade the spread of the addiction.
China with its keno and with gambling as part of their culture influenced other nearby Asian countries to come up with their own version of gambling games. Recently, Macau launched bigger casino hotels affirming that Macau is the “Monte Carlo” in the orient which is being visited by gamblers near and far.
Humans have an inherent risk-taking part of their nature, and the element of chance that is associated with gambling makes it a very popular pastime throughout history and different cultures . Opportunities for gambling have rapidly increased in modern times, and so too have the number of people that engage in gambling .
With gambling being legal to some extent in every state except Utah and Hawaii, (Hammer 2001), gambling has become an accepted part of American culture, with popular vacation destinations such as Las Vegas now being touted as places to bring the whole family.
Researchers have proposed various theoretical models to explain gambling behaviors but none of them seems to encompass all the aspects of gambling behavior. Operant and classical conditioning theories are particularly helpful in explaining the behavior of gamblers to a greater extent.
Business editor Mark Reutter believes that "With efforts to curb college sports gambling blocked by congressional opponents, a generation of teenagers and young people may be entering the workforce with gambling debts and addictions."
The media and internet advertising have taught our younger generation what the real definition of success is to our society.
That some individuals who do not now gamble will become inextricably involved in its operation if it were made legal, to the point that they will be defined as "problem" gamblers, seems inevitable. It is now estimated that there are some ten million "compulsive" gamblers in the United States, and Gamblers Anonymous, begun in 1957, has become the therapeutic force resembling its counterpart for alcoholics in the field.
Now the immediate assumption of irrationality or rationality provides an extremely good idea of associated confirmation bias as ones rational state is an individually assumed state of mind in which one