US Gambling Statistics Show Online Gambling Fun For Some, Dangerous For Others!

In the United States, gambling statistics show that live and online gambling has generated as much as $91 billion per year (as of 2006). The industry is responsible for billions more in related tourist income as well as the economic benefit of hundreds of thousands of jobs. In some states, gambling through lotteries is even used to raise money for college scholarships or much-needed infrastructure projects.

When it comes to the gambling statistics related to what kinds of games Americans are playing, there might be some surprises. While commercial casinos still take in the largest share of legal gambling revenue (43% in 2000), and lotteries take second place (28% in 2000), online gambling is estimated to bring in an amount that is roughly equal to what is spent in Indian casinos each year. As the internet reaches more homes, so does online gambling. And unfortunately, so do some of the possible negative side effects.

People who oppose gambling in general believe that it brings higher crime rates to an area. Of course, this isn’t eligible for online gambling, unless you consider the possibility of your financial information being misused or hacked. But this risk isn’t any greater with online gambling than with online shopping or bill paying.

What is a concern is compulsive gambling. Some statistics on online gambling have shown that about ½ of 1% of the population may have a problem with compulsive gambling. True compulsive gambling means that the person cannot control their impulse to make the next bet, even when they are risking their job, home, health, or relationships. And United States gambling statistics show that people are twice as likely to become addicted to gambling when a casino is located within 50 miles of their home. With the advent of online casinos, there is no longer any true distance at all between a gambler and a casino, meaning more people have the potential to become addicted to their favorite online gambling game at a higher rate than to live gambling or playing the lottery. This has lead opponents of online gaming to call it the ‘crack cocaine’ of the gambling world.

This problem has a serious impact for those who suffer from it, with compulsive gambling statistics showing that as much as 48% of the members of Gamblers Anonymous have considered suicide. And of those, more than 10% report having made a suicide attempt.

Plus, some opponents fear that there is a great deal of opportunity for money laundering and organized crime via online casinos. Since the US doesn’t allow any of them to be located in the country, companies have set up shop in foreign countries with questionable, if any, regulations. Some fear that US online gamblers may be unknowingly contributing to criminal activity.

However, for the majority of us, compulsive gambling statistics don’t apply. Online gambling is just another way to enjoy the internet, and perhaps to even earn some extra spending money! If you are able to set a limit on the amount you spend and stick to it, and if you don’t endanger yours or your family’s financial well being with the limit you set, then chances are you will not become one of the negative gambling statistics. But if you do ever find that your online gambling affects your work, your family, your health, your finances, or your social life, then you may need to seek some professional help.

Entertain Yourself With Online Gambling – Just For Fun

You have a steady job and enjoy playing your weekly netball game and being creative with crafts. Sometimes you feel like doing something completely different to relax. Sometimes you entertain yourself with online gambling, just for fun.

So what do you know about online gambling?

Firstly, you know that gambling is addictive and that you can lose a lot of money. You have had a flutter with friends at the horse races and your last years Christmas work social was at your local casino consisting of a yummy meal and a chance to “try your luck” at a game or two afterwards. So you know how easy it can be to keep spending in the hope of a win. Online gambling is no exception.

You feel that you are disciplined enough to set aside a certain amount of money for this entertainment. That is, you set aside what money you are prepared to lose and call your online gambling session fun. When this money is used up then you will stop gambling. However if you happen to make any winnings along the way then great. Call this a bonus which you can use for something special like a new pair of shoes or savings towards a holiday away somewhere. This ‘bonus’ is put aside and you continue gambling until your initial entertainment money is used up. Or you may choose to stop after a win. Stopping can be done at any stage up to your gambling limit.

You know:

- not to treat gambling as a way to earn money.
- not to set goals of how much you should win in each session.
- not to set your entertainment limits on an amount you can not afford.
- that there is no guarantee of a win – whether it is online or offline.
- that you are risking something to gain something.

You became aware of all of this with your offline experience at the horse races and casino. You saw first hand some people getting completely out of control. You see, when you win it is thrilling and exciting. Studies have found that gambling makes the brain react like it does with food and drugs. These people you saw, were occasionally winning and when this happened, they kept on gambling in the hope of winning more. But the odds were against them. They lost big time.

When you tried online gambling, you found that there were advantages over offline gambling.

You discovered that:

- you could try the games for free. Each online website has rules and regulations to follow.
- you get bonuses, as there is competition between websites to entice you to join.
- you do not have to travel as it can be done in your own home as long as you have a computer, active internet connection and credit or debit card.
- you can gamble in your own time for five minutes or two hours or anytime you want.