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Author Topic: The consequences of gambling  (Read 2922 times)
JL421
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March 27, 2018, 06:36:00 PM
 #21

Gambling had really bad social consequence on me i became completely silent for a week and didn't know what yo do i decided to gamble again but finally i was able to have control over myself and decided to quit gambling
Currently i don't have much regret and i was luckily able to move on and haven't gamble yet and hopefully don't plan to do so in the near future as well
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March 27, 2018, 10:55:43 PM
 #22

These stuck out to me, because I see these ugly traits daily in my job with substance abusers--and gambling can go hand in hand with that, though not a lot of the people I see are problem gamblers.  But I think the basic disorder is much the same and produces a lot of the same effects.  When you've got an addiction, your brain adapts and does everything it can to protect the addiction, and part of that is isolating emotionally from people who are going to try to *force* you to get help.  That's usually your loved ones.  So problem gamblers have to do a lot of lying, manipulating, cheating, stealing, and everything else that substance abusers do.  Plus for whatever reason they feel like they're gods in their own heads.

Decent thread, OP.  There are probably at least 200 people who are already members here who should read this.  But just like with the alcoholic, it likely won't help anyway.   When you've had enough, you (and only you) have had enough.  There aren't enough words or love in the world that'll be enough to get you to stop until you're ready.

Interesting perspective + merited.

I hate substance abuse and agree with you on your points. I like gambling though. Maybe its because a high percentage of my gambling is taking $20 and attempting to turn it into $200, rather than the rampant consumerist, get-rich-quick, balls to the wall variety of gamblers.

I'm not certain substance abuse or gambling should be singled out. It appears as if society is increasingly being encouraged to be uneducated, uninformed, make impulsive and irresponsible decisions. Many of those negative traits are becoming cultural in origin whereby many view being uninformed as being a form of liberation, rather than oppression. Things like lying and being deceitful are actually viewed as being forms of freedom by many and their application isn't limited to substance abuse or gambling afaik.

Yes, there is. A huge one. In gambling, the mathematical return of every bet is negative, whereas in investing you have not that mathematical certainty.
I think you example could only be applied to poker. People starting poker from zero and becoming successful develop abilities necessary in investing. But those people don’t call themselves gamblers, they call bad players gamblers.

As for OP, I think problematic gambling behavior is a consequence of previous problems. Nobody sane, with a happy life and without problems, ends up gambling pathologically.

There are people like Vegas Dave (Dave Oancea) who have become rich at least partially off of sports gambling. You can check out Vegas Dave on social media if you're curious. He is known for making big predictions in sports and winning most of the time. I know people who consistently announce all their bets ahead of sports events and consistently turn profits over a period of months. It is possible to make money off sports gambling, similar to how people make money off investing in stocks. Is it easy? Probably not. But it is possible. In terms of all time numbers, I've won more money than I've lost gambling on mixed martial arts.

The difference between gambling and investing may not be as great as some think. Investing generally carries lower risk and lower potential profits. And so these fundamental factors contribute towards fewer meltdowns. But there are still many uncertainties and the results can be disastrous. The economic crisis of 2008 could be characterized as being caused by banks gambling on subprime mortgages and losing. Then having to be bailed out by taxpayers. Whether its trillions of dollars being gambled by investment bankers or $5 being gambled on the superbowl. The difference between the two may not be that big.
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March 28, 2018, 05:24:44 AM
 #23

I see your point, as I was thinking more in casino-like-type games. Sports gambling is similar to poker, then, and some people claim to make money consistently from horse races betting as well. To build wealth in those fields, you need patience and bankroll management, apart from making good predictions. Those characteristics can help you in investing, as I said before talking about poker. So, if we consider these fields, there is no big difference, I agree.


 Investing generally carries lower risk and lower potential profits.

This is the only point I don’t agree with. Investing in new fancy companies, in new fancy ICOs, in the forex market, opening a new business... there are countless high-risk investment options out there.

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March 28, 2018, 07:48:25 AM
 #24

You don't get to be specifics here dude. All gamblers really know the consequences of being addicted to gambling. But why they are still getting into it despite the negative effects of it? Simply because they want to enjoy and earn lots of money in the quickest time possible. And no amount of explanation will swayed their mentality.
I believe almost all gamblers just always have these feelings that maybe if they keep trying, then one day, they may just hit that big price they have always been dreaming of and I totally agree with you that, to say we all do not know the consequences of gambling is a lie but we would rather just close our mind to that idea and prefer just doing our thing.

I guess it is one question we will just keep asking ourselves almost all the time. Why do people still gamble even after knowing all these ? Probably the consequences of gambling being forgot by gamblers just after little time.

When people share the disasters of gambling impacts, I guess no one is ready to learn a lesson out of that. They all treat that as an exception and keep moving toward their own experience. Only when people start realizing the real dangers of gambling, they might get chances to stay away. But, unfortunately they all do realize only from their own experiences alone.
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March 28, 2018, 11:39:23 AM
 #25

The consequences of gambling is depend on gambler, if gambler ready to take risk then whatever the result of gambling he take a risk with his money and win or not, it is his luck. But another kind of gamblers are here, who take a risk in a limited manner. Because they worried about his money and the consequences of gambling. Otherwise in gambling, we can't find the last stage of consequences. Just play it and get fun with gambling.   

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March 28, 2018, 12:47:00 PM
 #26

The economic consequences are often and most pronounced. Due to frequent losses of large amounts of money, constant loans from family, friends and at the end of taking money from the loaner, the gambler, and his family are beginning to suffer on the financial plan as well.
This is what I saw with my friend, he asked loan to me a couple of times and did pay back most of them but the last one he couldn't pay back because he doesn't have any source of income. I did remind my friend multiple times to quit gambling before giving him another loan because I know he would lose the money quickly. I felt guilty for him because I taught him how to gamble with btc because I always chat him together with my other friends when I brag about my huge wins.  

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March 28, 2018, 01:07:29 PM
 #27

Currenctly I’m at minimizing, although I have experienced some consequences on your list but I feel like that one fits me more. Not really into gambling that much but I’m mostly just betting when I get a time to gamble, because I don’t want to be hooked up and regret myself afterwards.
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March 28, 2018, 01:23:31 PM
 #28

Currenctly I’m at minimizing, although I have experienced some consequences on your list but I feel like that one fits me more. Not really into gambling that much but I’m mostly just betting when I get a time to gamble, because I don’t want to be hooked up and regret myself afterwards.
I guess gambling can also be profitable if you know your self limits.But when you become addicted to it,that's the time its consequences appear.Of course we know it already before we go into gambling but sometimes we chose to be hard headed just to follow our own interest.Good to know you 're minimizing it already.Atleast you're thinking for your own good sake.

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March 28, 2018, 01:55:00 PM
 #29

Currenctly I’m at minimizing, although I have experienced some consequences on your list but I feel like that one fits me more. Not really into gambling that much but I’m mostly just betting when I get a time to gamble, because I don’t want to be hooked up and regret myself afterwards.
I guess gambling can also be profitable if you know your self limits.But when you become addicted to it,that's the time its consequences appear.Of course we know it already before we go into gambling but sometimes we chose to be hard headed just to follow our own interest.Good to know you 're minimizing it already.Atleast you're thinking for your own good sake.
I do not seem to agree with what you say. Gambling is not something that we can ignore, a lot of problems that can be caused in the game of gambling. So for me that we should never try to play gambling. Sometimes the limits we can not control and all bad things can happen. When we enter once into the gambling game then we will be hard to stop playing gambling. Many people who experience it and in fact the life of someone who has been playing and experiencing an addiction will experience the destruction. I think we are all smart in choosing and we do not want to get into the terrible ruin of life.
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March 28, 2018, 02:40:56 PM
 #30

I'm sure that gambling has had some consequences for me personally, even though I think they are pretty small.
You could say that the money spent on gambling could have been spent on something more meaningful, so I'd definitely say that having less money is a consequence.

Other than that, I'm not particularly impacted by gambling, it's just something I do for fun.
I don't gamble more than I can afford an I manage to hold myself to any limits I set.

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March 28, 2018, 03:41:53 PM
 #31

You do not want to get the consequences but you will get all the consequences, as if it's the effect you make during the gambling game, I do not think there will be a deterrent effect for the players, how much risk they are having no matter, there is only one that can make them stop gamble, that is all the money he has run out and get regrets just as their main bonus.

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March 28, 2018, 04:08:55 PM
 #32

My question is -
______________

Has gambling left a trace on you; if it has which consequences are you experiencing right now?

the long list of "consequences" you posted here are not "consequences of gambling". instead they are consequences of gambling addiction which is a whole different topic. when the gambling habits get out of hand for someone, these are the results that they are going to get in return.
as for me, I have never been a gambling addict. I have always managed to have it under control and do it quite easily as a matter of fact. and that means I have never even thought about any of these consequences nor experienced any of them.

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March 28, 2018, 08:41:20 PM
 #33

Currenctly I’m at minimizing, although I have experienced some consequences on your list but I feel like that one fits me more. Not really into gambling that much but I’m mostly just betting when I get a time to gamble, because I don’t want to be hooked up and regret myself afterwards.
I guess gambling can also be profitable if you know your self limits.But when you become addicted to it,that's the time its consequences appear.Of course we know it already before we go into gambling but sometimes we chose to be hard headed just to follow our own interest.Good to know you 're minimizing it already.Atleast you're thinking for your own good sake.
Gambling can never be beneficial in terms of money at lest and this is certain. People have lost big amount of capital in persuading their belief that gambling can make them rich. There are few benefits of this game. In my opinion, it helps a person to get control on his greed but that again depends upon the individual. Many are unable to learn anything by gambling and become hopeless with time. The fact remains that gambling is a harmful game.
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March 28, 2018, 09:52:45 PM
 #34

My question is -
______________
Has gambling left a trace on you; if it has which consequences are you experiencing right now?


For now,gambling doesnt really give me any severe consequences like coming to a point on where you do almost lost everything.Im really striving and avoiding for that thing to happen in my life.This is why i do play gambling at my own risk and on my full control on it.If you let yourself to be controlled by gambling then you lose up money and you will wreck you entire life.For people who do advice on quitting gambling and must to control ourselves,it might be easy but would really be hard to be done.

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March 28, 2018, 11:35:49 PM
 #35

Thanks for this Doc Grin but i don't think every signs and symptoms are accurate but it is more likely they will occur to them when they were really guilty and stressed. They should stop doing it if it were stressing to them, they will only make it worse. I know there were a consequences to it if you are guilty of what you are doing. It's just the power of mind who tells you everything, so it is according to your mindset.
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March 29, 2018, 12:18:51 AM
 #36

lying, manipulation, selfishness, egocentricity, immaturity, insensibility, irresponsibility, negative attitude towards authorities.
These stuck out to me, because I see these ugly traits daily in my job with substance abusers--and gambling can go hand in hand with that, though not a lot of the people I see are problem gamblers.  But I think the basic disorder is much the same and produces a lot of the same effects.  When you've got an addiction, your brain adapts and does everything it can to protect the addiction, and part of that is isolating emotionally from people who are going to try to *force* you to get help.  That's usually your loved ones.  So problem gamblers have to do a lot of lying, manipulating, cheating, stealing, and everything else that substance abusers do.  Plus for whatever reason they feel like they're gods in their own heads.

Decent thread, OP.  There are probably at least 200 people who are already members here who should read this.  But just like with the alcoholic, it likely won't help anyway.   When you've had enough, you (and only you) have had enough.  There aren't enough words or love in the world that'll be enough to get you to stop until you're ready.

They think that gambling can give fun and quick income.
I would argue that gambling is fun at first, and it can give you "quick income" but that it morphs into something else entirely after you cross the line into problem gambling.  Even drugs and alcohol start off fun.  If they weren't, there wouldn't be problems with addiction.

it can happen to anyone from any walk of life: Your gambling goes from a fun, harmless diversion to an unhealthy obsession with serious consequences. Whether you bet on sports, scratch cards, roulette, poker, or slots in a casino, at the track, or online a gambling problem can strain your relationships, interfere with work, and lead to financial disaster. You may even do things you never thought you would, like running up huge debts or even stealing money to gamble. Although it can feel like you’re unable to stop, there are plenty of things you can do to overcome a gambling problem, repair your relationships and finances, and finally regain control of your life.

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March 29, 2018, 09:08:32 AM
 #37

In gambling many consequences. Actually gambling is for fun. If too much play gambling it will effects can lose many, broken family and many things.
Many people lost big money in gambling, but they still playing and can't control their emotional. Is very dangerous.
We must setup budget for playing gambling.
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March 29, 2018, 09:30:26 AM
 #38

In gambling many consequences. Actually gambling is for fun. If too much play gambling it will effects can lose many, broken family and many things.
Many people lost big money in gambling, but they still playing and can't control their emotional. Is very dangerous.
We must setup budget for playing gambling.
That what we called mindset, don't let gambling control you at that moment just thinking that you can chase money in gambling but the reality is you may lose everything that what you have in gambling if you could not control with it.
Yes, there are too many consequences of gambling either it brings a negative side or positive sides, gambling bring us an instant profit if we have a luck with it, but for me, it is just like entertainment that brings to me thrill and excitements.
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March 29, 2018, 11:36:45 AM
 #39

You really tried and put on an effort by writing this long thesis about the consequences of gambling, though a simple estimated writing would have made reading it better.
The truth still remains that not every gambler will come across this consequences because some gamblers knows when to gamble at the right time and knows when to stop at the right time. They know how much they are putting in and they know and are very good with their tactics. Those who might encounter these are gamblers who just go into it just because they hard someone made money from it.
We all do not like reading long stories do we? He really did a great job putting all that stuff together and it was explicit enough for anyone to comprehend and I do not see how he could have been able to make it simpler without leaving out some things.

With that said, I feel people will just not get it, or the absolutely get the idea that gambling do have a lot of consequence but they just really do not care and that can be perturbing though. It seems this days, most new gamblers are looking for the quick easy way out to get rich without working.
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March 29, 2018, 12:02:07 PM
 #40

Pathological gambling can leave extremely difficult and long-lasting consequences per person!

They can be classified into several groups:

Physical consequences are happening due to frequent, stressful situations. A person which is gambling survives stress when finding gambling assets during gambling, in situations when he loses and wins, and finally, when he/she feels guilty because he/she gambled again. As a consequence of this condition, health problems are starting to appear.

Some examples are:
digestion disorder, headaches, insomnia, mumps, loss of appetite or increased appetite, increased consumption of alcohol and cigarettes or psychoactive substances, migraine, rapid heart rate, cardiovascular disease, skin diseases, dandruff, tics, trembling, increased sweating, and other stress-related illnesses.


Psychic Consequences from the gambling addiction can cause mental disorders, which are manifested by:
weaker concentration, poor memory, difficulty in thinking, frequent and inadequate mood swings, slowness, depression, impulsiveness, reduced motivation and narrowing of interest.

Also, there are also characteristic changes and the establishment of an addictive behavioral pattern characterized by behavior based on the "principle of affection," which is inherent in children, not the "principle of reality" that is inherent to adults.
Characteristics are:
lying, manipulation, selfishness, egocentricity, immaturity, insensibility, irresponsibility, negative attitude towards authorities.
 

In addition to these, other specific personality traits that are specifically connected with of gamblers are appearing:
parasitism, laziness, inability to deal with productive work, grandiosity, and omnipotence develop.

In the group of psychological consequences, the so-called comorbidity is also a rule, and not as an exception. With gambling, other psychological disorders are appearing such as:
nicotinism, alcoholism, drug addiction, anxiety disorders, depression, hyperactive pores, eye and attention deficit.



The social consequences relate to the problems that gambling causes in the social environment of addicts, in several areas of social life:

Professional consequences are first expressed in:
absentia from work, illness, poor quality of work, poor communication with colleagues and intolerance towards superiors if the addict is employed.
If a person is in the process of education, there are:
[color=greenabsences from classes or lectures, pauses in education or his break, worse results and grades, problems with colleagues and professors.
[/color]
Consequences in interpersonal communication - This group includes problems in communicating with people who are reflected in:
increasingly frequent conflict situations, fights, quarrels, criticism of others, glorification of one's own and degrading other people's work.
Communication problems arise: in relation to partners, friends, family members, colleagues, neighbors ... Relations with them become weak and superficial, and communication termination often comes to an end.

The economic consequences are often and most pronounced. Due to frequent losses of large amounts of money, constant loans from family, friends and at the end of taking money from the loaner, the gambler, and his family are beginning to suffer on the financial plan as well. It takes several years for the gambler and his family to recover from these consequences (provided that the person no longer gambles). Unfortunately, there is not a small number of those who never recover from these consequences.

Criminal-legal consequences arise mainly after all sources of money "dry up" from the family to those "from whom they could almost borrow". In order to get money, addicts resort to the commission of crimes and most often robbery -  stealing and robbery.

Family consequences are also included in a group of social consequences, but are, for the sake of importance, separated into a personal group. The problem of gambling is also the problem of the entire family system. Relations within family become worse, more conflicting. Communication among members becomes superficial and insincere and family roles are disturbed. The family begins to isolate itself from the social environment, contacts with friends and relatives are reduced. It will take a long time from the moment when it is learned that one member is an addicted gambler until the moment of this same gambler going to the treatment. During this time, the family is going through a paradoxical process, in which (despite the best intentions for the addicted member), it will contribute to various ways of further developing and pushing the gambler to stay in the addiction phase. All of this is a result of defense mechanisms by family members.

Thus, for example, following mechanisms of defense that are appearing in the wife and mother are:
negation-type - they are convinced that the gambling habits are only temporary - that's the current thinking, according to the principle "it will not happen to me".

minimizing - he/she is not a gambler he is just betting

projection -  society is guilty for everything, they have brought him in this phase

There are also other defense mechanisms but the list is too long to write them all in a single post!

However, by the time the family begins to face this difficult problem which brings consequences which are becoming increasingly apparent and they are trying to help the gambler. There is a range of measures; so-called solution such as:
prayer, conviction, quarreling, threats of divorce and abandonment, tracking and also the movement to another city.

All of these attempts are only temporary solutions, but they also create new problems, which are exacerbating an already unsettling situation. Only at this stage family members are deciding to seek the professional help!

My question is -
______________

Has gambling left a trace on you; if it has which consequences are you experiencing right now?
Well, simple. There is consequences for all also in this kind of scenario what we do is what we reap they say which is also true. Where we can see that what we do when we gamble is what will be the result soon, if we win e win but if not then it's not.
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