Blog Gaming Articles

Wednesday, January 6, 2021

Lowering Online Gambling Risks

Scams

Online gambling has many risks, aside from the risks on the game there are also the risks of scams and frauds. In the internet, these aren’t really uncommon. The internet reaches far and wide and it is no wonder that our dishonest brothers have finally found a way to again con our more honest brothers out of the money that they’ve worked hard for.

Online gambling risk comes in many shapes and sizes, aside from the addiction risk, there are of course the risk of scams.

Therefore you should know if the online casino you’re entering is legitimate or not. In today’s day and age, that is very hard to do. Scammer Casinos need only to copy the layouts of legitimate casinos and adopt them as their own, including memberships and certifications. Logos and banners are very easy to copy so be weary of these.

The only way to make sure that you don’t get scammed is to go to online casinos approved by trustworthy organizations like the Interactive Gaming commission. If however, you get invited, to a site, don’t make any deposits yet. Look up their certifications and make sure that these are indeed true by doing a quick search on the organization that gave the certification.

Most online gaming organizations have a quick search function that allows you to search for members. Usually, scammer casinos don’t take the time to become members because they usually “change names” in short periods, usually when their scam gets discovered.

Like any form of gambling, the risk doesn’t necessarily come in the game. The risk is part of the game, but risks that we are talking about here go beyond winning and losing money.

The highest risk is getting addicted.

Gambling should be a form of entertainment, and shouldn’t be viewed otherwise. It isn’t a living and it definitely isn’t a gold mine. This is what’s wrong about today’s gamblers; they view it as a fast way to get money.

You should know that a low risk gambler views playing in casinos, online or offline should be only a form of entertainment. Once you think that it’s a living, it’s already the onset of addiction.

To lower your gambling risk, make sure that you limit yourself. Never play for more than you thought you would, or for longer than you thought you will. Draft the length of time and the amount of money you would play, kind of like scheduling dinner or a trip to the movies.

How to Deal with a Gambling Problem

A gambling problem usually occurs when a person over indulges in gambling, ending up being indebted and having dysfunctional relationships with loved ones.

First of all, Gambling is addictive. The risk and the winning can have a psychological effect on a person, making him unreasonable and irrational.

The first step to solving a gambling problem is acknowledging it. Gamblers Anonymous have the following set of questions to test if you indeed have gambling problems.

Did you ever lose time from work or school due to gambling?
Has gambling ever made your home life unhappy?
Did gambling affect your reputation?
Have you ever felt remorse after gambling?
Did you ever gamble to get money with which to pay debts or otherwise solve financial difficulties?
Did gambling cause a decrease in your ambition or efficiency?
After losing did you feel you must return as soon as possible and win back your losses?
After a win did you have a strong urge to return and win more?
Did you often gamble until your last dollar was gone?
Did you ever borrow to finance your gambling?
Have you ever sold anything to finance gambling?
Were you reluctant to use "gambling money" for normal expenditures?
Did gambling make you careless of the welfare of yourself or your family?
Did you ever gamble longer than you had planned?
Have you ever gambled to escape worry or trouble?
Have you ever committed, or considered committing, an illegal act to finance gambling?
Did gambling cause you to have difficulty in sleeping?
Do arguments, disappointments or frustrations create within you an urge to gamble?
Did you ever have an urge to celebrate any good fortune by a few hours of gambling?
Have you ever considered self destruction or suicide as a result of your gambling?

A problem Gambler would answer Yes to at least seven of these questions.

If you are indeed a problem gambler, the following tips should help you out of your gambling ditch:

Never take credit cards or an ATM card with you when you gamble, just take the amount that you intend to spend that day.
Limit the time you gamble.
Remember, there are more chances of you losing than winning.
When you win, keep the money and have an agreement with yourself not to use it.
When you run out of money, give up, never borrow cash for gambling.
Never hesitate to ask help from a buddy. Bring a gambling buddy who’s not addicted and ask him to keep you in check.

Avoiding Online Gambling Scams Before they Happen

Gambling scams were never as recognized and as widespread as when it finally came in contact with cyber space. Online gambling, although beneficiary for those gambling aficionados, allowing them to gamble and avail of the enjoyment at home, also has some of its downsides more specifically the existence of online gambling scams.

Online scams usually include the refusal of a certain game company to “give you” your winnings. Some gambling scams may even go as far as totally refusing to let you win with absurd probabilities, and then refusing to let you cash out the remaining money you’ve got left.

One way to avoid these scams is to know what they are. Here are two most prevailing online gambling scams that you should be aware of, and should be able to detect easily.

Illegitimate Bonuses

Some gambling companies even go as far as inviting their former scammed customers under the ruse of “bonuses” telling them how sympathetic they are about you being scammed, and offering a bonus if you play with them instead. Just think, where did they get your contact details? Well they got it from that short form you filled out when you joined the first scam casino, and they’re actually looking to rip you off again.

What do they do? When it’s actually time for you to claim your bonus, they say that you are ineligible to receive the bonus.

To avoid being re-scammed, never fall for these types of offers. Even if you haven’t been scammed yet, they’d still send you a bonus offer then refuse to give it to you once you’ve deposited your money. A good rule of thumb with online gambling, if it’s too good to be true, then it probably is.

Piracy

One way to know a legitimate online casino is its affiliations and memberships; one such is the Interactive Gaming Council (ICG). However, logos provided by such organizations can easily be copied on the net, and what scammers do, is they imitate, sometimes, go as far as duplicating the design of a legitimate casino to pass off theirs. It is a good measure to look up the name of the online casino on the members list of the certain organization. ICG and others usually provide an easy to browse and search members list on their web sites.

To make sure that the casino you’re subscribing to is legit, type the company name and the word review in the search engine and read about them, you’ll more or less get an idea of how they work.

Facts about High-rollers Mindset

Gambling is such a lucrative activity where gains are manifested only to those who have access to it.

Generally, gambling is considered as a game of chance. Everybody would love to gamble because of the fact that it could provide them easy money without having to toil and wait longer.

Others contend that the reason why people love gambling is based on the fact that they consider it as a play, a game that gives them the kind of satisfaction that they need. They find it as an outlet that deviates from the usual life they have whenever they are at work or at home.

The Gambling People

In a typical casino environment, people who are seen playing poker, blackjack, roulettes, etc. usually come from different walks of life.

Normally, they would put a reasonable bet on something that they think would be enough to give them back their stakes plus a hefty amount of money if ever they win.

But there are people who place bets or stakes with large amount of money. These people are known as the high-rollers of the casino. These high rollers are those that usually deposit $1,000 or more.

The reason why high rollers exist in the casinos is based on the fact that there are special bonuses that are only designated to people who deposit large amounts of money. And most often than not, these high rollers are the ones that usually win and take the money from other bets.

No wonder why a particular thinking had evolved. This is known as the high-rollers mindset.

The high rollers mindset is a way of thinking of most casino players or gamblers that conceptualizes the idea that the higher the bet, the higher the chances of winning and getting bigger amount of money.

High-rollers mindset is usually employed by high-rollers or those who gamble a lot of money. They believe that by placing large amounts of money as their bets, they would be able to get the special bonuses being offered by the casino. Plus, they can even have more benefits that are only entitled to the high rollers if ever they get to win the game.

Having a high-roller mindset is not at all wrong, especially if a person has a lot of money to bet. The only drawback is that it tends to let a person gamble a lot of money just for the thought that he or she might win.

The bottom line: high rollers who gamble more have higher chances of losing more. After all, it’s still gambling where people are never sure if they will win or not.

The Famous People in Gambling

Gambling is a recreational activity prevalent in society today. Young and old alike, people are getting hooked to what today’s society calls as the game of the lucky ones.

Generally, gambling refers to any form of activities that involves taking the risk of betting the money or any kind of tangible items of value, which sometimes depend on chance or the skill of somebody to manipulate the game.

Since its inception, the profitability that gambling can offer to an individual is endless. That is why gambling had continuously dominated the world of chances.

However, even if gambling like blackjack, poker, and slot machines are so popular these days, people still don’t have any idea how it started and who started it.

Here’s a list of the people who, in some way or another, contributed to the development of gambling.

1. The first ever slot machine, known as the Liberty Bell, was invented by Charles Fey in 1985. Fey was a car mechanic in San Francisco when he thought of inventing the Liberty Bell.

The first form of slot machine was made of three spinning wheels that had three featured shapes: spades, diamonds, and hearts plus a “cracked” Liberty Bell drawn at each reel.

It was on 1907 when an arcade-like machine maker based in Chicago had thought of reproducing machines similar to that of Fey’s. The manufacturer was named Henry Stephen Mills. The machine was called Operator Bell.

It was from this point that the slot machines have evolved until today’s form.

2. In card games such as blackjack, nobody can ever tell how the game started and who started it. This is because nobody tried to record it for the purpose of history.

However, there were people who conceptualized the basic strategy for playing blackjack.

It was in 1958 when Cantey, McDermott, Maisel and Baldwin had devised a strategy that caused such commotion with both the statisticians and the gamblers themselves.

These four people have created the basic strategy in playing the game all using their hand calculators. After which, they created a book known as “Winning Blackjack,” which is now considered as one of the most valuable strategies in playing blackjack.

In turn, this gave birth to what modern gambling now calls as the “card counting techniques.”

These are the people who have made the gambling world truly a phenomenon. Though, there are people who do not accept them as great inventors because of the negative effects of gambling in the society today. Nevertheless, they have contributed a lot in gambling.