How To Avoid Debt Problems Due To Gambling

With the convenience of online gambling, people can play their favorite casino games and bet on sports online with computers and hand held devices through Internet from anywhere and at any time. Online gambling provides an alternative of betting games, but at the same time, it creates new debt problem. Gambling is a high addictive game that may cause those who don’t have money to gamble to find money from various channels, include using their credit cards and borrowing from illegal lenders. Many debtors worldwide are suffering the overwhelming debt due to gambling addiction. They put themselves and their families into a very difficult financial situation. You should not get yourself into this problem. Use below 4 tips below to prevent yourself from debt problem due to gambling.

1. Gambling is an entertainment, not a way to make money

Many gamblers try to make money from online gambling. Although it possible to earn money by betting online, and there are many professional gamblers make their living from online gambling, but generally, most gamblers who aim to make easy money from online betting failed and lose not only their hard-earned money, but the money borrowed from various channels that will become their debt if they can’t pay it later. This is how the debt problem begins.

If gambling is a hobby for you to fill your leisure times, it should be played as an entertainment, not a way to make easy money, unless you are a professional gambler.

2. Don’t play with the money you can’t afford to lose

Gambling is a high risk game and there is no way to guarantee the winnings. So, don’t risk your hard-earned money if it is needed to support your living and your family expenses. Moreover, you will easily become panic if you play with the money you can’t afford to lose. It will causes you lose more money because you may bet wildly without following a winning strategy when you hit the losing streaks, if the money you use to bet is the money you can’t afford to lose.

3. Get helps if you have detected the gambling addiction signs

If you find yourself always thinking of and want to logon to online casino to play the game and most of time you can’t control yourself for not logging to an online casino. It is a strong sign of gambling addiction. The convenient of online gambling makes harder to stop yourself not to gamble because you can always login to the casino or sportsbook at any time. If you have found yourself addicted on gambling, try to get helps as early as possible. Families and friends can be your initial approach to get helps. If you have deeply addicted, then you should go for professional consultation to get rid of the gambling addiction.

4. Cancelled credit cards and e-wallet accounts

Credit cards and e-wallets are the common banking options to fund an online gambling account. If you can’t control yourself from depositing money into your gambling accounts, then cancelling your credit cards and e-wallet accounts cause inconvenient of transferring money into the gambling accounts; hence reduce the risk of debt problem due to gambling.

Summary

Gambling debt can be a serious problem because it is a highly additive game that may cause you to borrow money from various channels if you have loss all your money. The money you owe will become a debt problem if you can’t pay it later. So, it should be avoided totally. Use the above 4 tips to help you prevent the debt problem due to gambling.

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.

Gambling Equipment Guide

Gambling is popular amongst the young as well as the old. For many individuals gambling is a source of earning while for others it is a means to perfect entertainment. Today gambling is not just confined to the four walls of a casino. It has made its way to houses by virtue of computers (online gambling) and other gambling equipments. While many people are enticed by online gambling, those who desire to have a real feel of the game get gambling set up at their home only.

The gambling set ups are more or less same for all the games though there are some variations. For instance the tables of different games are different. A poker table is unlike a blackjack one. But some of the common gaming equipments are dice, cards, coins etc.

Dice is perhaps the foremost requirement of any gambling sport. It also can be the cheapest of all gambling equipments. This is because of the myriad variety of dice available today. A plastic dice will be significantly less expensive in comparison to an ivory made dice. In ancient times stones, pebbles, chalks etc. personified dice. Since people were not very particular regarding the equipments of the game, they would mark the holes on any tiny handy nugget and commence their game. Gradually dice came to acquire a proper cubical structure with pierced holes on all the sides. However in comparison to a dice used in household games, a casino dice has more precision. Casino dice is also known as ‘perfect dice’ as it is carved in a way that each side weighs equal after the holes have been pierced on each side. This provides an equal probability of either side being the outcome.

The other essential ingredient of gambling is ‘cards’. Usually cards are exclusive to every casino. This is because the backside of the card bears the logo of the casino. The casino cards are primarily of two types- bridge size and poker wide. Initially cards were made out of hard paper and different paintings were made on them. The suits and faces of contemporary cards are a gift of France.

Casino tables have their own charm. These tables are designed differently for different types of games and are quite expensive. For instance a single poker table can cost its buyer several thousand dollars. But here too prices vary with the quality of the table. The table face has a woolen felt surface with the games name on it. Along with it the odds and the areas for placing bets are also specified. However with the help of blueprints people often make gambling tables on their own. This is the most cost effective way to play the game.

An Historical Overview of Gambling Games

Since the dawn of civilization people have enjoyed gambling on games of chance and skill. There are archeological and anthropological evidence from ancient China dating back to 2300 B.C. and ivory dice that were found in excavations in Greece from 1500 B.C. Through carvings, writings and archeological artifacts it can be established that most ancient cultures provided some form of gambling for their people.

From Egypt through India and ancient Europe, all the way to ancient American civilizations on one side of the world and Asian cultures on the other side of the world; people have always enjoyed the entertainment and fun that gambling has provided.

Most modern gambling games can have their roots traced back to ancient times. For example card games such as Poker and Blackjack can be traced back to the practice of shuffling money notes from 900 B.C. China that has slowly evolved into card playing. These games were later on brought to Europe by the Mamlukes who were Muslim so they were not allowed to have their cards carry human images. Instead they were decorated with intricate designs.

When playing cards finally made their way to Southern Europe and became popular in monarchies such as Spain and Italy, cards were given a more human feel and represented royal hierarchy in the characters it was adorned with and when playing cards reached France the notation of Prince (Jack), Queen and King became a standard in playing cards and formed the basis for the generic 52-card deck we are familiar with today.

Europe has a rich history of settling foreign and domestic disputes using gambling. When kings and Emperors could not agree they often turned to gambling to help them reaching a resolution. Like the famous story about the kings of Sweden and Norway who could not agree on who should claim the area of Hising. When they met they were unable to reach a diplomatic solution and turned to dice to help settle the dispute. The Swedish king has lost but the parties parted on good terms.

There are even stories of gambling being banned as it was so popular and some monarchs saw it as a distraction. For example King Henry VIII who prohibited his troops from taking part in gambling games so they are not distracted from their military duties.

Over the years more games have been created such as the Roulette game, which roots are somewhat ambiguous and some credit it to the French and others to the Chinese and that it traveled to Europe with Dominican monks. However the game’s popularity did not peak until Prince Charles of Monaco has introduced the game into gambling halls of his little kingdom as a means of generating revenue for Monaco.

In America gambling has been popular since it became an independent country and used gambling as a means for generating income for the state. Many people mistakenly think that mobsters like Bugsy Siegel who built the first casino in Las Vegas and other mobsters that came before him and acted as bookies are responsible for the burst of gambling in the US, when in fact it was the state itself that used gambling in the 18th century.

Later on gambling was made illegal in most US states and it wasn’t until the early 20th century that states like Nevada made gambling legal again as a means of generating revenue for the state.

Gambling is one of the common threads that connect humans from all over the world and from different eras and civilizations and shows us that people are more similar than different no matter what their cultural background is. All humans require recreational activities and the excitement that gambling has and can provide.

Make Money Gambling Online For Fun

For centuries, people enjoyed gambling. From betting on camel races, horse races, elephant races, to betting on card games and board games, you will see that gambling is really a part of human culture. Today, you will see all sorts of gambling. You will see casinos with all the popular gambling games, such as Texas Hold ‘Em Poker, Roulette, Black Jack, and slot machines, and you will also see horse races and even dog races. In fact, gambling is so popular that there are also online gambling websites and software that caters to a lot of gamblers from all over the world.

The great thing about online betting is that it can give you as much fun as traditional gambling, and it can also let you win real money. From online casinos to online sports betting, you will see all sorts of gambling in the internet. All you have to do is choose the type of gambling that appeals to you, place your bets and wait for the results.

Online gambling and online casinos are so popular nowadays that you will see jackpots that can amount up to 25 years worth of salary. With just a click of the mouse, you will have a chance in winning the jackpot. All you need is a credit card or a debit card and you will be able to bet.

The great thing about online betting is that you don’t actually need to travel to casinos in order to gamble. Before the internet and online gambling was established, people had to travel to Las Vegas and Atlantic City just to gamble. Today, thanks to the internet and the establishment of online gambling websites, people are now able to gamble right at the comforts of their own home. In fact, you will be able to find people from different parts of the world gambling in the internet.

However, before you start gambling online, always be prudent when it comes to betting. Never gamble with borrowed cash. Only gamble if you have the extra cash for it. Besides, you have to consider that countless people have become bankrupt because of gambling and also accumulated a lot of credit card debt because of borrowing more than they can afford to pay back.

Always remember that betting can become addictive. The simple thrill of winning money is enough to get you hooked in gambling. So, always be careful whenever you are gambling. If you are starting to lose, stop playing and think about what you are going through.

You have to remember that studies have found that gambling makes the human brain react like it does with drugs and food. Always set limits to the amount of money to bet in one gambling session. By setting this limit and strictly sticking to it, you will be able to control the urge of betting more and more money which will eventually lead you to losing it.

It is important to remember that you can never beat the house. The longer you stay online to gamble, the more likely that house will end up winning. If you think that the amount of money you won is enough for one day, then stop and cash in your winnings. The same applies to losing.

These are the things that you have to remember about online betting. Although it is a lot of fun and exciting, you have to remember that it can also be dangerous as it is very addictive. Gambling is primarily entertainment but it can be a way to make some cash. If you lose the amount of money you set aside you could afford to lose, stop.

Common Symbols Used in Gambling Logos

The gambling and betting industry is a very aggressive industry with new participants coming into the business from time to time. In this fierce competition, a professional logo design for your gambling business is unavoidable. If you are a single player or the entire poker club, gambling logos help you get the difference you deserve.

Gambling is always risky and entails taking chances. Therefore, the logos should exhibit a sense of security, assurance and guarantee to customers who come and play. They must convince customers that they will all win, and that your business provides an equal chance of winning for all players. Following are some of the common symbols used in gambling logos:

Dice:
One of the most common tools of gambling is the dice. It is used in almost all forms of gambling games and betting activates. Hence the dice is a frequent symbol employed in designing logos for casinos. Since dice is a cube shaped object, it can be creatively employed in logos.

Cards:
Think of poker, Black Jack, solitaire, Russian Roulette…none of these games will be complete without the main ingredient that is the deck of cards. There are 52 cards that can be creatively used by logo designers to carve out a fascinating gambling logo. Cards depict the culture of gambling games like poker, rummy and Black Jack.

Currency:
The next article that is congruent with gambling and betting is the cash involved. It is wise to use currency symbols in your gambling logo so as to attract and lure the customers. Customers are easily attracted by dollar signs and will be tempted to your business.

Joker:
Although a part of cards, the joker is one the most popularly used symbol in gambling logos for poker games and casinos. Joker signifies that betting is a game of chances and those who dare to gamble eventually make a winning out of it. The Joker is the hallmark sign of card games like poker, Russian roulette and others.

Slot Machine:
One of the most played games in casinos is the slotting machine. The game requires a coin to be inserted and a lever is pulled to try your luck. Logo designers can use the slot machine symbol to show the gambling business nature. Moreover, they can combine the slotting machine symbol with the currency sign to portray the chances of winning to the customers.

Free Gambling Systems For Poker

Poker is a great card game that anyone can get addicted to. It has many various types of games, and one of its famous types is the “5 Card Stud Poker”. If you like playing this game, then you need to know many strategies in order to win and gain money. You need free gambling systems or strategies to help you decide on what to do for every possible situation while you play the game. Read on to know free gambling systems that can guarantee your earnings.

“5 Card Stud Poker”

When playing this poker game, you must be aware of high cards and pairs. These types of card combination are the best hand you can get to win any round. Never aim for flushes or straights except when you acquired three cards for a straight flush on the third street or when you have any chance of getting a flush or a straight on the fourth. You should frequently fold if you didn’t get any types of pair in your first three cards. Getting one card that can defeat the board is good, but when any of your cards can be defeated on the board, you must escape by folding. You should always try and observe how your opponents play their cards, since you know one of their cards. This is the basic strategy when playing “5 Card Stud Poker”. Free gambling systems are more efficient, and you could learn some of it below.

Before knowing the free gambling systems, you must first be familiarized with the common terms used in this game:

-Low Cards: 2 until 9
-High Cards: 10 until A
-Live Cards: Cards that has yet to be exposed on the board and have the possibility of acquiring.
-Dead Cards: Cards that have already been exposed and can no longer be acquired.
-Door Card: The card that is exposed on the starting hand.
-Check-Fold: Check whenever you can and fold when you are bet into. You should admit the free cards accessible.
-Slow Play: Check and call so that your opponents will increase the pot odds.
-Fast Play: Raise, re-raise and bet to eliminate opponents faster.

Now that you know the terms, it is time you know the strategies of the free gambling systems:

-Let your opponents pay whenever they try to draw you out while they do not know that you have a good hand.
-Bluff at times. When you bluff, you might successfully earn money even if you do not have a good hand. If it fails you lose some chips but you can make your opponents think that you willbluff the next time and take that as an opportunity to play a good hand.
-Play only using your live cards in the starting phase of the game. Semi-live cards can then be used later in the game.
-Fold in the beginning if you have not acquired a pair or any form of a good hand on your first three cards.
-Find a basis to fold early on. If your opponent already has the card that you want, or if you think that you are not going the get the card that you want, trust your instincts and fold.

Is It Legal To Gamble Online?

In America the question of whether it is legal or not to gamble online is a highly poignant one. In November of 2002 the 5th circuit court of appeals deemed the Federal Wire Act to prohibit the transferal of funds for sports betting via telecommunications lines, but allowed that it did not prohibit one to gamble online on a game of chance. In the years that followed the trend started to shift away from encouraging one to gamble online. Both Google and Yahoo! Stopped advertising online gaming on their sites in 2004, and later in that year Casino City bought a case against the US government claiming that it was entirely legal to gamble online and that therefore first amendment rights were being violated. The District court for the Middle District of Louisiana thought the case out in February 2005; however, since April 2005 Yahoo! Reviewed their stance and began advertising again all be it in a restricted manner.

2005 saw the passing of a bill though the North Dakota House of Representatives allowing for the existence of online poker and card rooms if run under the regulation of the state. Whilst it passed the State House of Representatives, it did not pass the State Senate. Throughout 2006 various operators were arrested and charged for violations of the Federal Wire Act, and in September of 2006 a last minute attachment was placed onto the Safe Port Act just before breaking for recess. This amendment is what would become the UIGEA (Unlawful Internet Gambling Enforcement Act), and when signed into law prohibited the transferal of funds from financial institutions to online gaming sites. This created a huge drop in interest in American online gaming and many companies suspended their services to American consumers.

2007 has seen the introduction of both the Internet Gambling Regulation and Enforcement Act, and the Skill Game Protection Act. The first would allow for the provision of internet gambling licenses under the auspices of the Director of the Financial Crimes Enforcement Network, whilst the second would recategorize skill games such as poker, chess and bridge so that they wouldn’t be affected by legislation against games of chance. This is an ongoing process, but the Internet Gambling Regulation and Enforcement Act has come against hard opposition and the ability to carry it out has been drawn into serious question. So, for now, it is legal in most states to gamble online.

Online Sports Gambling For Fun and Money

Sports have been the hub of human activity since Roman times. Humans have always shown tendency towards more entertaining sports than less entertaining ones.

Physicality has also been the major human instinct to inspire and stamp his authority; sports being a way to display this trait. Another human trait is to make money for ones self. As humans have always been devising a newer and easier ways to earn money; gambling and betting on sports has also caught their attention. Being a short route to lots of money, this has been one of the most fascinating trends of the new century.

Gambling evolved in Europe and it has caught the entire world with its fizz. With every thing going online during the last decade, gambling has also taken the same course. With the possibility of adding money to online accounts, gambling has become a success story. Now as the money can be paid through various cards to an online company, gambling sites are more practical.

There are various ways to upload the money to the gambling website. In almost all the European countries, cards such as MasterCard and Visa cards can be used to link with the gambling sites account. Once a card is linked in that fashion, one can easily upload the money to the website and pay for what he wants to gamble. Similarly, the winnings will automatically be paid to that card number.

Electronic money is another way to get the money into a gambling website. Now most of these websites even support wired transfer for withdrawal of funds. However, some countries, even today, do not allow use of credit/debit cards for online gambling purposes. The United States of America is a major country that has prohibited such use of credit and debit cards.

The physical sports have also made it to online betting. Football being the top ranked in betting has generated more revenue than the TV money and stadium ticket selling. The next in line is Basketball. Its popularity has grown over the years with the NBA going global. Baseball has also attracted the worlds major betting websites. You can easily gamble for any game these days right from your laptop. This ease and chance to win easy money through gambling and betting has made it almost a household thing. The best thing is that even a ridiculously low amount of money can be bet.

Along with the easy money, gambling has always been linked a lot of frauds and cheats. The same remains true with online gambling and betting. Most of the websites ensure that the money transfer is secure and there would be no fraud of any sort. However, how can one give out his credit or debit card information and believe that it is secure? Although many websites are secure and they do not intend to cheat on any one, but the constant threat of hackers always remains there. Just imagine that one of these sites with big money in its vault is hacked, where will all of your money go?

Though the easy money hurts no one, the risk is great and a very careful and cautions approach must be taken whenever you decide to go gambling online!

Online Gambling Causing Credit Card Debt

It is the latest craze at the moment and everyone seems to be enjoying gambling at home with the increase of poker sites on the internet, but its not good news if you are running up debts on your credit card. I don’t know about you but it seems that I have a misconceived perception of time when I am sitting at my computer; time just seems to fly by. The longer you are gambling on an internet poker site, the more money you are spending.

Online gambling is being seen as pushing up consumer debts and that’s not good for the UK economy. Figures from the government have revealed that the amount of money spent on gambling last year was £42.8 million; in 2001 that figure was only £8.6 million. It is a perturbing sharp increase. Internet sites that have been registered outside the UK have not been included in the government figures of money spent.

The glamorization of gambling, especially poker, by celebrities at the moment is partly to blame for the rise in gambling. Sitting at home on your computer can undermine your ability to spend your money wisely. Internet poker sites or casino sites allow you to insert your credit card details; once your details have been entered you can continue gambling up to your credit limit. Some gamblers are maxing out numerous credit cards at a time to try and win back money they have lost with the Debt Advisor group seeing some individual debts as high as £100,000. Casinos have a strong cash culture unlike internet gambling where it is your credit card that does the spending. Using cash instead of your credit card makes you more aware of the amount you are spending.

The growth of gambling online in the next five years is predicted to be around 22% a year while playing poker online is said to rise by 44% a year. Gambling through your mobile phone is now also being offered by companies which could see even higher debts being accumulated.

Gambling has always seen its fair share of creating debt problems but with easier accessibility it may cause more households to suffer from unmanageable debt. Other household members are usually unaware that there is a debt problem looming not realizing how much is actually being gambled, the more desperate people become to win back their money the higher the stakes become seeing people usually losing more and more.

If you are suffering form credit card debt problems through internet gambling there are many organizations that can help you. Seeking help sooner rather than later will prevent even more debt.