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Gambling

Essay by   •  November 23, 2010  •  Essay  •  295 Words (2 Pages)  •  1,049 Views

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The subject of gambling is greatly argued in America. Gambling has unexpectedly become a great source of entertainment for people of all ages. Also Gambling has basically become a "sport" for those who are interested. Last, if done responsibly, gambling is harmless fun.

Problems in gambling can lead to financial ruin, legal problems, loss of career and family, or even suicide. In this case gambling for longer and longer periods of time is bad because it can lead to addiction or obsession to this sport. Also problems in gambling occur if a person has growing debt from gambling and doesn't know when to stop. In addition, lying about the extent of involvement in gambling is bad.

Gambling becomes a problem when the person is "chasing losses", or gambling more often to win back lost money. Also neglecting family or personal needs to gamble is an extremely immense problem. Furthermore, having involvement in illegal activities to finance gambling is terrible. Last, a case of problems in gambling can also include gambling to escape daily pressures and obligations, and absence from work or important social activities to gamble.

Although if gambling is done responsibly and handled in the right way it is harmless fun. Some ways to gamble responsibly include; setting a budget and sticking to it, setting a time limit, and taking frequent breaks. In addition, gambling for entertainment and not as a way to make money. Also, knowing that the house always has the advantage and that you are really just paying to have fun helps. Another way for responsible gambling is to not chase losses, accept them as the cost of entertainment. Last is to balance gambling with other leisurely activities, not borrowing money to gamble, and only using discretionary income, not money for everyday expenses.

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