Addictions To Gambling on The Rise!

Over the past five years addictions to gambling have grown at an accelerated rate. Not only adults, but teenagers are gambling with out realizing the consequences. Most States including Connecticut have created agreements with Indian reservations for self gain. The states are now realizing the negative impact the Indian casino reservations are having on their taxpayers.

Gambling is a silent addiction. Most people can go years with out anyone ever discovering that they gambled. Besides the local Casino’s people can now even gamble online.

With today’s modern technology, if you want to gamble you can so long as you have the resources. Once your resources are depleted and you’re in debt, you will begin to seek help. This is where many states are taking notice due to people claiming bankruptcy, not paying their state taxes, getting caught committing petty crimes and even suicide.

The I Stopped Gambling So Can You website continues to receive alarming emails from friends family and the compulsive gambler. The site was developed to help people associated with compulsive gambling addiction.

The alarming rate in the rise of addicted individuals has caused the states to rethink what they are doing and how to help this segment of the population. The individuals who sought help through various programs now know they are not alone. The unfortunate part is in most cases they are starting all over. If the States would reach out and help these people then the outcomes may be different.

If a person goes into a bar and is apparently drunk, the bartenders are not going to serve this person any alcoholic drinks and may even recommend a cab. At a casino, people use the cash machines until they are unable to take out any more money. People cash checks and even take cash advances from their credit cards, but no one at the casinos is willing to step up to the plate and help these people out.

I have talked with hundreds of people who excessively gambled. These people knew they were addicted and always planned to spend a specific amount of money. After being at the casinos with all the lights, bells and whistles they fell into a trance and no longer had any control.

Once the gambler leaves the casino reality sets in. They now realize they’ve lost a lot of money. They ask themselves: How did this happen? They themselvesthey will never due this again only to repeat the same behavior patterns over and over until they hit bottom and lose everything. These people were spending anywhere from $100.00 to $5,000.00 per week on their addiction. In a majority of these situations they realized they lost everything. Even after filing bankruptcy they still owed a significant amount in back taxes.

The State of Connecticut receives revenues from their two Indian Run Casinos. If a taxpayer wins a Jackpot equal to or greater than $1,200.00 and resides in Connecticut they will be subject to Connecticut State Tax. The Internal Revenue Service lets you deduct your winnings against your losses but not in Connecticut.

The various states are now realizing they created a major problem, but are not willing to discuss it openly. Various news stations have been reporting the negative impact, but due to the revenues generated, no one is willing to step up to the plate and help these people out.

Until the local authorities take action, many lives will continue to be destroyed.

Future articles will address the compulsive gambler, gambling addiction and a search to find a solution to this growing problem.

You may find the following websites helpful:

I Stopped Gambling So Can You

http://www.istoppedgambling.com/

Compulsive Gambling Addiction

[http://www.compulsive-gambling-addiction.org/][http://www.compulsive-gambling-addiction.org/]

Dealing With Gambling Debt

More often than not, those who have gambling problems or an addiction to gambling fall deep into debt. The debt becomes a major problem when it transcends owing money to casinos. Instead, gambling addiction can rack up major credit card debt, loan debt, and even extremities (though not completely unheard of) such as home equity debt. If this sounds like you, whether you own $500 or $5000, there are ways of dealing with the debt that follows the addiction.

Seek Help for the Gambling Addiction

Before you begin dealing with debt, it is imperative you get help for your addiction. It’s been proven in many cases that gambling addicts are less willing to admit their problems than someone with a substance abuse problem. Not only should you get help for yourself, but for the ones who love you; your family and your friends. Take the time to really evaluate your situation, and how it has affected you, your family and the general quality of living surrounding it all.

Cut Off Funding

It could be half to all of your paycheque, a credit card, or maybe you’ve been dipping into your savings. In either case, put a complete halt on any money put towards gambling. Cancelling a credit card is never a good idea, as it worsens your credit situation and lowers your credit score. But in the grand scheme of things, putting a stop to it now rather than racking up another large amount of money is probably for the best.

You Won’t Win Back what you Owe

Statistically speaking, the chances of you winning back what you owe are next to impossible. In fact, you’re only damaging yourself even more by putting yourself further in debt, and deluding yourself into believing something along the lines of “well I’ll win back what I owe, and then some for good measure!”

Seek Treatment

If you find doing your best and trying your hardest toward helping yourself isn’t working at all, you may need to seek a professional. In some cases, your health insurance provider may cover some or all of the treatment necessary to cure the addiction.

Pay Off Your Debt!

When you’ve controlled your addiction, begin focusing on your debt. Recognize this won’t be easy. You’re going to have to work hard, and do everything in your power to get the debt off your back. Write out a list of everyone you owe. You may have overdrafted bank accounts, or past-due credit cards. If you’re in real trouble, you may even owe a bookie or loan shark. In either case, it’s incredibly important to get your debt paid off.

Borrowing money from a loved one or a friend is a huge shot to your ego, even more so that you’ll have to fess up about your addiction and your debt. If they’re willing to help, not only do they trust you and love you enough to help, but they trust and love you enough to support you. Make note of the close friends and family who really help you; if you ever feel the urge to indulge in your former (or current) addiction; talking it out with them might help.

You could also start by selling your valuable assets. While undesirable, it’s even more undesirable to carry a debt on your shoulders, especially a gambling debt. Furniture, electronics, jewellery and even your care can bring in some money to put toward the debt.

Getting a second job could help as well, even short term and part time. Any penny counts when it is as important as a gambling debt.

In the last and extreme case – file for bankruptcy. Gambling debt can be discharged by bankruptcy, though if you incurred the debt under false pretenses, or through fraud, you will not be able to file for bankruptcy.

Australian Betting Sites

There are numerous betting websites sites but only a few are well known and have earned a good reputation. If you are interested in online gambling and you are living in Australia, here are some of the trusted online betting websites to give you an idea.

The first ever licensed online beting site in Australia is International All Sports Limited (IAS). This was established by Mark Read who is considered a Bookmaking legend in 1996. IASbet, which is the website’s name, is licensed by the Northern Territory Government and Queensland Racing in Australia. Thus, this will ensure that the money is safe and the winnings are paid every time.

Another online bookmaking website would be Sportsbet. Sportsbet claims to be Australia’s number one online betting agency and they’ve got numerous promotions to offer to those who will join their website. Sportsbet is owned by Australia’s oldest licensed sports bookmaker which is Matthew Tripp.

In addition to Sportsbet and IASbet, another website that is starting to make waves when it comes to online sports betting is Centrebet. Centrebet is offering sports and horse racing markets. This was first licensed in 1992m and in 1996; Centrebet claims that they were the first licensed bookmaker which offers online betting in the Southern hemisphere.

Among these many online betting websites, IASbet is considered to be the most popular and it truly has garnered a good reputation among the online betting market. Although there are also other good online betting websites, these mentioned websites ensure that the money is secured and winnings are given immediately.

Sports Betting Systems and the Psychology of a Winning Sports Bettor

If I had a nickel for every forum title I read that started out something like “Can you really make money betting sports?” I would be the richest man on the planet. Fact: If every bettor lost all the time there would be no sports betting market. It is that simple. I am a winning bettor. I don’t have to pick the paper up anymore and study statistics all day. It took some hard work to achieve this status. If you are tired of losing money and want to start making profits, keep reading.

Let me provide you with some basic statistics for the sake of the discussion. There are over 6 billion people in the world. Lets say only 3 billion are adults. Of those adults, only 10 percent bet on sports. That is 3 million people that bet sports. Of those 3 million people, only 2 percent actually make a living betting sports. The other 98 percent lose money. That leaves 60,000 people in the world who profit from betting sports for a living! These numbers are extremely conservative; it is estimated that over 200 million people ALONE will bet on the Superbowl in a given year. Not only is it possible to make a living betting sports, it happens every minute of everyday to real people just like you.

I have identified three crucial issues that keep amateur sports bettors from turning professional and turning profits in their sports betting careers.

1. The single biggest problem with those who lose money betting sports is a lack of discipline.

2. The second biggest problem is non-application of any substantial sports betting systems to keep you consistent and on target.

3. The third issue is thinking like the typical square bettor and not like the bookmaker.

I will address all of these fundamental betting flaws and give you a glimpse on how a winning sports bettor thinks and acts.

One of the best ways to lose your shirt over the long run is bet chasing. Scenario: You thought you had the lock of the century last evening with the first game. You lost that bet on some unbelievable nonsense, maybe a back door cover in a game that was long over for both teams. You got angry, saw the next game of the night coming up and impulsively doubled your bet for game two to cover your losses from game one. Then, since you had no real system in place to keep you in check, that game ends up a loser as well and you are now down big. Everyone has done this, and I am no exception. This is the lack of discipline I am talking about. You will lose some nights, just like your 401k will lose value some days. It comes with the territory. Bet just that one game and if it loses, cut your losses there and tomorrow is a new day.

There are tons of sports betting systems that exist, but some are very good if you have the discipline to follow them verbatim. Most sports bettors do not have the time, patience, or inclination to hypothesize, test, analyze, retest, and apply sports betting systems. This is why most sports bettors lose over the long haul. There are professionals who do have systems in place and are happy to share those systems with anyone who thinks they have what it takes to follow the system. You MUST have a system in place that keeps you on the winning path. Betting random games night in and night out without proper research is no formula for success. It is fun, but it is a money loser and that is not why you are here. You are here to become a winner. Remember, you will lose some nights. You will lose and losing is not fun. With a sports betting system in place that has been proven to win, over the course of your investment you will make money. How much you make and how often is entirely up to you applying discipline and consistency to your sports betting systems.

Think like the bookmaker. It has been said that books are only concerned with having an equal amount of bets placed on both sides of the same game. That way, with the vigorous factored into the game, the bookmakers earn a small profit regardless of who wins the game. This is a half truth. Yes, this is one way books make money. If you think that books won’t bait you into thinking a line is too good to be true, knowing that you, the general betting public, will pounce on that bet (a sucker bet or a trap bet) I have a bridge in San Francisco to sell you CHEAP. The real money for the bookmakers is in those games that are bet heavily on one side (and subsequently lost) by the general public. If a line is too good to be true it probably is. The bookmakers know the public loves the favorite. They also know more about tonight’s games than you could possibly research. They know you don’t have the discipline to stop while you are ahead (or down for that matter). They know you have no clue what sports betting systems give you an advantage. They also know that you think like an amateur bettor. This is precisely why you are not making money.

In my betting career one of the affirmations I would continuously rehearse was to never, ever think like the general betting public. Zig when others zag. It became so much more than just that but it was a start. The next thing is to trust the individuals who have paved the path before you. Put a system in place and follow it with precision and accuracy. Those sports betting systems exist and are being used every day. Over time, you will win. Winning translates into profits. Start winning and you will be able to do things in your life you couldn’t have dreamed of before. People every day are winning consistently betting sports. This should be you.