Internet Gambling Addiction
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Gambling addiction—also known as pathological gambling, compulsive gambling or gambling disorder —is an impulse-control disorder. If you’re a compulsive gambler, you can’t control the impulse to. Online gambling is the new age casino, offering games like Blackjack to Slot machines. They compete with the land-based casinos, and before you know it, you are spending an enormous amount of time in online gambling. Problem gambling is a mental health disorder, in which the individual can’t control the urge to gamble. Like any addiction, problem gambling can cause major disruptions in personal, professional, and family life. The Unlawful Internet Gambling Act of 2006 tried to restrict online gambling. First, you might get addicted to it and spend all your free time online trying to win bigger and bigger prise. Second, and that's even worse, amount of money on your bank account may reduce, not grow.
Online gambling websites are among the fastest growing and most profitable businesses in existence today.
The keys to the business success of the online gambling model are not difficult to see.
Compared to traditional land-based casinos, online gambling websites are able to operate at a fraction of the cost, do not require tangible materials or equipment (machines, tables, security cameras, a physical building, etc.), and do not need the hundreds of staff that would normally be required for a traditional casino (e.g., dealers, servers, security guards, floor managers, cleaning staff, bartenders, restaurant staff, etc.).
Still, online gambling websites are able offer all the same gambling opportunities found in traditional casinos such as poker, slot machines, blackjack, and roulette (and many games that are not possible in land-based casinos).
And although the costs of running an internet gambling website are relatively low with webhosting, secure servers, support staff, and software development being the primary costs, the profits can be very high.
Just like in a traditional casino, when it comes to internet gambling, the odds are always in favor of the house (or in this case, the programmers who designed the software). Of course the player has a small chance of making money in short term, but losing is a mathematical certainty over the long term if play continues.
In the series of articles below, TechAddiction examines the growing problem of internet gambling and online gambling addiction.
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Page 1 (you are here)
Online Gambling Addiction - Risks, Facts, Signs, Stats, & Treatment
NEXT…
Gambling Addiction Signs - Symptoms Of Online Gambling Addiction
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Why Online Gambling Is More Dangerous Than Casino Gambling
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Online Gambling Stats & Facts
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Online Gambling Addiction Treatment & Help
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Responsible Gambling - Ten Tips For Online Gamblers
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You May Have An Online Gambling Problem If You…
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The Popularity Of Online Gambling - Twelve Reasons
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Teenage Gambling Online - Risks, Assessment, & Advice