Gambling is considered a vice although to some it is only a hobby. But no matter how people consider gambling, it is still a vice that should be shunned because of its bad effects on the gambler. Keeping away from gambling will reduce the possible risks that the gambler may undergo.
Gambling comes in many forms and types. Gaming includes slot machines, roulette, bingo, card games and others. Betting is a form of gambling that allows people to bet on horse racing, cock fights and any kind of sports. There are also lotteries, sweepstakes and raffles. All of these are forms of gambling because they involve money that you could either win or lose
The legalization of many types of gambling has led more and more people to engage in gambling. And as the economic situation is getting worse, gambling is becoming the best option to win money and improve the living condition. The most affected people are the poor and the disadvantaged who are looking for a get rich quick way to augment their meager earnings and taste a better life but instead of improving their life they end up getting poorer and poorer because what little earnings they have is squandered in gambling. Gambling has become a good way to earn money for the poor but it is hurting them more rather than helping them live a better life.
Although some people claim to have put up a business because of their winnings in the casino, there are countless people who have gone the opposite way. Most people have been better off when they did not start gambling but they went bankrupt when they were addicted to the vice.
Here are reasons why you should not gamble:
1. Gambling is the cause of indolence
Many gamblers are depending on luck of having that jackpot money and so they tend to lose interest in their job. If you think you can win that jackpot money, do not dream of it because the more you long for it the more you will not win it. Look for a job so that you will forget about the vice.
2. Gambling is addictive
Unless you have full control of yourself, you will most likely get addicted to gambling if your dream is to win big money. Many people think that they are just relaxing at first but they end up hooked to the vice. What hooks them is when they win for the first time. People gamble because of the money. If the person wins, he craves for more. If he loses, he wants to get back what he lost and so the cycle goes on and the person becomes addicted.
3. Gambling will not make you rich
No matter what people say, gambling is a vice that could make you penniless if you don’t stop. A compulsive gambler will find all means to finance his vice. He will embezzle money or borrow money from people in order to gamble. The pattern of gambling is the same to all people. Win-lose-win-lose, this goes on and on if the gambler does not stop. The result is the same. The gambler always ends up the loser. I guess you know why. Gambling is patterned to be that way. There is no certainty. If you win today, you lose tomorrow. Perhaps not tomorrow but the next day or the other day, but there is no gambler who won and never lost.
4. Gambling causes stress
Unless you always win which I’m sure rarely happens, gambling stresses a person. You cannot say that you are relaxing or just playing because if you lost a substantial amount of money, you will go home with an empty pocket plus a bad headache. Gambling is stressful especially if you are in front of the machine and the bonus does not come out. So you will be left at the edge of your chair eagerly awaiting a bonus that will not come anyway and will only come out for the next player who will take your place if you leave the machine where you have already deposited all your money. In bingo you can have a heart attack if you are only waiting for one number and finally the next number called is not yours but some other player’s number which won him that million jackpot money. Gambling is always a chance of luck. So you can never be certain what may happen next.
5. Gambling makes people rude and moody
I have seen a lot of people who have been morally changed by gambling. The vice makes a person rude. The greed to win makes a person rude to people around him because his mind is engrossed with the money he will win. Gamblers who are already addicted to the vice will not think of other people. They will only think of how to finance their vice and how to win back their lost money.
6. Gambling deters the persons drive to work
Because the gambler usually relies on luck, he does not seem to mind finding work. The gambler waits for the time when he hits the jackpot and become an instant millionaire. He has seen too much money already and he will not be satisfied with small earnings and small winnings. He wants the big jackpot money and he will keep gambling and longing for the jackpot.
7. Gambling ruins a family
Gamblers are hard to reform and what usually happens is that the gambler ends up having no family. Nobody wants to live with a gambler who is moody and who squanders money. So the result is the spouse could either file for a divorce or just leave the gambling spouse. Many families have been torn apart by gambling.
Gambling is also considered a form of infidelity, financial infidelity because it is considered lying, and that hurts any spouse and can lead to a divorce.
8. Gambling is fun only at first
If you want to try gambling, do not pursue it. You will not be pleased with the result. Once you try, you will keep going back in the hope of winning more money which does not prosper anyway. If you won once, say thank you and bring home the money you won, because if you don’t you will end up having nothing. Do not push your luck too much when you are in the casino. The truth is that many gamblers who win end up being losers because they are never satisfied with the small winnings they get. They long for the jackpot which very rarely happens.
9. Gambling induces crimes
Some people commit crimes to finance their vice. The compulsive gambler will not stop gambling, he will stop but he will always go back to that vice because the vice is already a part of his life and he could not live without gambling. If he has no money to gamble he could steal or commit other crimes just to finance his vice.
10. Gambling is a bad vice
Gambling is a bad vice. It is similar to drug addiction, smoking, and sex. Gambling is against moral standards and it is abhorred by many people. No matter what some people think about gambling as one way of earning money, gambling is still a bad vice by moral standards.
Gambling is like a disease that when not cured early could ruin the person’s life. No one likes to have a partner who gambles a lot. If you want to gamble, gamble on business but not in the slot machine, the poker table, the roulette, bingo or lotteries. Unless luck is always in your hands which I’m sure is impossible, gambling will never make you rich but it will make you poor and penniless.
If you gamble to relax, once you win, get the money and go home. The trick to win is to hit and run. If you stick to the place in the hope of winning more, you will always end up the loser. One machine could let you win but if you move to another machine, it could get back what you won. So the result is you lose. But better still, never try it because you can get hooked to it.
The bottom line of gambling is always the same no matter what people will say, gambling is a bad vice which should not be tolerated.
Gambling in the Stock Market
Most people think that the stock market is investing in stocks and bonds or putting each paycheck into a 401K or retirement type of fund. But there can be gambling in the stock market.
Day trading is certainly a form of gambling, it can be profitable, but usually everyone looses at some time and then has the need to make up for losses. Even worse is trading in options like calls and puts. Option trading is betting on the direction of a certain index or a stock. Will it go up or down? This can really hurt a person’s bank account if you lose. The more a person loses, they more they will press to gain back their losses.
New Forms of Sports Gambling
With the advent of fantasy sports gambling on the internet, this can also be addictive, like certain companies online that let you change your teams for each week. You add in money and then play certain players. Once again, when you start to lose, you feel the need to continue each week to make up for last week’s losses.
If a person loses several weeks in a row, that will induce them to play more and more, just to catch up. This also leads to an addiction and ignoring the family life. And of course this will also cause more strife among your spouse and children as you ignore them in favor of your addiction.
As you can see gambling addictions have many negative aspects. So think before you bet, think before you think you can win the next lottery. I know that the news glorifies those winners, but the odds are not good you will be one. If you want to play around, remember, you are playing around and it can never become serious.