- Gambling Positive And Negative Effects On The Body
- Gambling Positive And Negative Effects Examples
- Positive And Negative Effects Of Gambling
Gery Chico Gambling Positive And Negative Effects Proposes a New Casino Site in Chicago City. Chicago is going through tough times and struggling financially. The city requires an extra $1 billion if it wants to. Gambling is hypothesized to have both positive and negative health impacts at the individual, intrapersonal and community levels. These impacts range from direct health effects, i.e. Gambling may increase stress levels, to indirect, i.e. Improvement of health through a stronger community economy. Negative health impacts.
The term gambling finds usage in many situations, which have an element of uncertainty. These vary from placing bets, participating in the lottery, stock market speculation, and even insurance and other forms of risk taking such as sky diving. In a strict sense for an event to qualify as gambling, the participants must have no further interest beyond the immediate financial reward based on the outcome of the event.
The reasons why people gamble vary from simple recreation to using it as a get rich quick strategy. In some cases such as in lotteries, the financial reward is incidental and secondary because the participants drive is to help raise funds for the course the lottery promotes. In some contexts, there is interchangeable use of the term gaming and gambling.
Gambling may be either legal or illegal. Legal gambling takes place under the watchful eyes of the authorities in places such as casinos. Other forms of legal gambling include lotteries and sports based bets where a bet is placed on such elements as which team stands the chance to win a particular match. In these situations, the government defines the rules within which gambling is legal and collects revenue from the activities. It is normal to have a body charged with overseeing the operation of gambling activities.
On the other hand illegal gambling takes place in secret. In actual practice, some illegal betting rings facilitate betting on a game or situation over which there is a legal gambling option. Illegal gambling stakes a lot more and promises better rewards for those involved- should they win.
Illegal gambling operations are the target of law enforcement agencies since they tend to promote other unacceptable situations such as match fixing, and whenever a participant does not meet their obligation due to the gamble, then they risk subjection to extralegal means such as extortion and gambling to compel them to pay up.
This happens because it is impossible to seek legal redress for a default arising out of an illegal activity. It is because of the negative possibilities that Grinols advices, 'gambling must be closely watched and regulated by government if it is allowed' (19).
Gambling has both positive and negative consequences. In many countries, gambling provide valuable income for charities through lotteries. Some of the money collected pays off lucky bets but the bulk goes to predetermined charities, which would have no income otherwise. In most cases, the motive for the participants in such lotteries is not financial reward on offer. They have a desire to participate in raising funds for the charities, with the probability of a financial reward. They typically take longer and hence they cannot satiate compulsive gamblers.
In some cases, gambling is a pastime that offers participants with a means to relax and while away time. As a social activity, gambling may serve as a means of bonding for friends and families seeking some common recreational activity away from their daily lives. Observers may place innocent bets on who is likely to win a game such as chess.
Another positive outcome of gambling is the provision of revenue for governments, which then use the proceeds to provide public services. A good example in the Unites States is the city of Las Vegas, which has a worldwide reputation as a gambling centre. In such places, the local authorities raise billions of dollars from gambling operations, helping them to finance their budgets.
On the other side, there are some negative consequences of gambling to both individuals and society, be it legal or illegal gambling. These dangers include problem gambling, which some experts classify as an addiction, financial irresponsibility leading to bankruptcy, and breakdown in social cohesion occasioned by family breakups and escalation of crime for the purpose of raising gambling capital or settling gambling debts, or retaliation against defaulters. Problem gambling refers to a point in a gambler's life where they become obsessed with gambling and cannot bring themselves to stop.
They spend inordinate amounts of time and financial resources on gambling always hoping to recover their losses. This happens at the risk of their jobs and responsibilities, and even close relationships. As the problem proceeds, they end up bankrupt and heavily indebted since they can no longer afford to gamble from earned income, which by now they do not have, and they keep digging themselves deeper into the hole by taking more debt to gamble.
Running creek casino lake county california. Gambling related crimes come from either the compulsive gambler, who having lost his source of income, finds it necessary to steal to raise more money for their indulgence. They also need all the money they can get to offset their debts.
They do not consider the consequences of their crimes, so long as it provides them with more opportunities to gamble. In the end, society looses because the person is no longer productive but requires the society's help for rehabilitation. In addition, the gamblers families suffer, easily ending up divorced and estranged from their children.
In conclusion, while gambling may bring some positive effects to the society, there must be a high level of individual responsibility exercised if the society will survive its very powerful negative effects.
Works Cited
Grinols, Earl L. Gambling in America: Cost and Benefits. New York NY: Cambridge University Press, 2004.
This essay on Gambling's Positive and Negative Effects was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.Need a custom Essay sample written from scratch by
professional specifically for you?
301 certified writers online
Select a citation style:
Reference
IvyPanda. (2019, May 7). Gambling's Positive and Negative Effects. Retrieved from https://ivypanda.com/essays/gambling/
Work Cited
Gambling Positive And Negative Effects On The Body
'Gambling's Positive and Negative Effects.' IvyPanda, 7 May 2019, ivypanda.com/essays/gambling/.
Ironman frankfurt hawaii slots 2018 youtube. Compare the qualification times of all Ironman races across the world: Ironman Hawaii qualification times for all age groups The Kona slot allocation at the Ironman Frankfurt 2018: Age Groups and Hawaii Qualification. Ironman Frankfurt is another race which draws a big crowd to a fast and competitive course. As with all championship events there are 80 Kona slots on offer. This year road works forced a 5km extension of the bike course which naturally impacts on race times for all competitors.
1. IvyPanda. 'Gambling's Positive and Negative Effects.' May 7, 2019. https://ivypanda.com/essays/gambling/.
Bibliography
IvyPanda. 'Gambling's Positive and Negative Effects.' May 7, 2019. https://ivypanda.com/essays/gambling/.
References
IvyPanda. 2019. 'Gambling's Positive and Negative Effects.' May 7, 2019. https://ivypanda.com/essays/gambling/.
References
IvyPanda. (2019) 'Gambling's Positive and Negative Effects'. 7 May.
We're here to help
'All the staff have been really helpful and I can honestly say I'm glad that I'm here!' Learn more about us
Published: Wednesday, 16 April 2014 by
Anyone who gets caught up in the downward spiral of problem gambling finds only too soon that the negative impact on his or her life can be devastating. Finding money to gamble is usually the most immediate and obvious issue which brings with it enough problems, but in addition an all consuming compulsion to gamble at any cost leads to difficulties which affect employment, quality of life, family relationships and mental and physical health.
And of course, problem gambling doesn't just affect the individual. It's estimated that for every problem gambler at least 10 other family members, friends and colleagues are also directly affected.The negative impact on wider society is only just beginning to be recognised and an analysis of those problem gamblers in the Gordon Moody Association residential treatment programme during 2012 and 2013 gives the following insights:
Financial cost
The amounts gambled away varied between £5,000 and £3m. Of those gambling in the range £10,000 - £50,000, 59 people claimed to have gambled away a total amount of £1,225,194 with an average amount of £20,766 gambled per person.
Even for those with a job this is a sizeable amount to have to find on top of living expenses and, since the majority were unemployed (65% in 2013, 78% in 2012), all this gambling money had to be funded from other sources - borrowing from family and friends, high street money lenders, pawnshops and loan sharks.
Many Gordon Moody Association residents also report that families remortgage their houses and go into debt themselves in order to try and help sort out the problems of their loved one.
Many problem gamblers get into huge debt and often resort to illegal activities to fund their addiction including stealing from their loved ones and their employers as well as turning to other illegal ways of making money to gamble.
Those who are unable to cope with their debts may choose or be forced into bankruptcy and society then carries the rest of the debt. If court costs are involved this adds to the total financial cost.
Those who are unemployed and unable to work due to their addiction are surviving on state benefits which at the very minimum amount to £57.35 per week (Jobseekers Allowance) and may amount to a great deal more. Assuming six months unemployment and at the basic rate of benefit this is an additional cost of £1,491 per person for 18 - 24s and £1,882 for adults who are 25+.
Criminality
If a problem gambler turns to crime then police time, court costs, probation services and prison services and other support services need to be factored into the cost to society. The average annual overall cost of a prison place in England and Wales for the financial year 2011-12 was £37,649 (NOMS).
Health services
Whilst problem gambling has not until recently been identified officially as a health issue and little or no funding is currently available for treatment from the NHS, health services are often involved as many problem gamblers develop physical and mental health issues as a result of stress and anxiety and the effects of other risk taking behaviours.
The effects on children
Sadly many family relationships breakdown as a result of problem gambling and children are the innocent victims not only because of the emotional distress created within the home but also often the loss of contact with their parent who leaves and the poverty which can result because of the behaviour of the problem gambler.
With this in mind it is clear to see that the issues and costs associated with any problem gambler can extend far beyond the basic financial cost and helping the recovery of one individual will have a much wider positive social impact.
Gambling Positive And Negative Effects Examples
Supporting you
Positive And Negative Effects Of Gambling
'I'm very lucky to be here with so many other addicts who are positive and want to change and achieve recovery' Learn about our programme
